ONON is a relatively new stock. However, the brand started in 2010 and it was actually even turned down years ago by NIKE years ago ( which I think makes it's emergence even better ) . Today, I had a meeting with a builder I provide services for .He was wearing these shoes , had great things to say about them too . He's an very active guy , does 50 k bike ride...
Well pretty simple idea , I just had to share because seems like everyone is short and negative , not just a little. And coming at you from the 51st here , wouldn't it be nice ~ song goes off lol This is not a trading idea , its just a possibility, but look how net short COT data is right now and imagine if the opposite of expected happens . Currently large and...
If you are a winning trader this is not for you . This is for the losers who want to be winners written by a former loser , who has become a winner as what is probably his last post . I am just starting my trading journey ( 5 years in now but that's nothing) . I used to publish all my trades on TV which actually really helped me to follow my strategies and it...
I don't see a whole lot of opportunities right now , with exception of energy , primarily oil , which is significantly net short per IG data and outpreforming pretty much everything . I am going to focus on XLE probably for rest of the year and I moved out of my TBIl position to buy this now .... Above GLB , Crude Oil shorted per IG traders data at 71% net...
Hey guys , I have been losing my edge on swing trading strat last few days because of bad order placement or perhaps it could have been a some mistakes on the brokers part but LW and BOTZ were sold below their stops because the order was apparently non exist ant in the brokers system and I missed it , as a result those two trades lost more than they should have....
Well here's my chance better take it , I drew on the chart what I was kind of hoping would happen , did not expect the market to have such a nice day overall today and would n ot be surprised if today ends up reversing and allows weekly on QQQ to get closer to its key averages but I am good at being wrong. So , figured better just take the entry , we are slightly...
Back in BOTZ , not super confident for some reason , but all the more reason to be prepared for an ass whooping and know that I will still nonetheless follow-through with the plan . And the plan is to stay focused on the winners . QQQ is weekly extended , and yet we are going up , I was wrong about my recent guess so far on the market consolidating around its UCB...
Re-entry on LW , its showing a bit of stalling here who knows what will happen , not doing anything wrong at this point , lets see if it can follow-through in todays signal . Institutions are still accumulation , EPS and sales trend is awesome , no reason why we cant keep it up based on stats.
So , Recently I longed MCHI and EWG in the same day , the sizing was correct and EWG was a good stage 2 buy, even though it lost with a gap down on the same day as MCHI , it was still a good trade , stage 2 uptrend , 50 SMA TB entry , with a contrarian idea adding to the trades potential but ultimately the other side betting for a move down was victorious on that...
It's tator time again y'all And I have an inside rumor from " my guy " , Mr Legendary Investor , who we all need to listen to ! He says LW is using a secret proprietary patented tech to recycle waste potatoes and use them to further fuel the stock move up . I guess that recycled waste potatoes are essentially converted to energy through a decomposition...
Strong TT's name with 2 open Major 2/2 gaps . But it has triggered via a wedge drop and looks like monday might be an opportunity to get long this if it follows through on fridays upside reversal . Lets see what Mr market does tomorrow , I am honestly hoping for more " surprises " from the market , I think it could use some rest and we saw a lot of failures on...
This is one that I really like but that might be about to change with Fridays high selling day and upper candle wick , still no breakdown so that takes precedence , price is the best indicator but just pointing out that we have a bit of a warning sign here ... This alone does not make it a sidelines name , its still a TT's name with a Major 2/2 gap and 2 minor...
Missed this friday but was able to act now to get in under reasonable circumstances ... I don't like the fact that lots of its holdings are from the Japanese exchange but upon a review of some other similar ETF's it seems that most of these related ETF's have a similar exposure and so I decided that I am just going to ignore it and do what one of my whiteboard...
I am working at at the very begginings of a strat where I would like to use COT data and price action to take futures/forex trades , right now this is idea 2. The logic is we have non commercials , reportables and non reportables , both short , reportables being extremely short vs average deviation ( just looking at it visually at this point ) So , not a long...
I am strongly considering getting into forex , and I think this is the best idea rn , with USD/EUR as a close second . I am not trading it , but rather tracking it and recording it with the intent of building a contrarian/COT defined forex/futures trading strat . The reason is that COT data agrees with this and also because I have had quite a few friends , not...
Alright , been waiting in the bushes getting some odd looks from a few people passing , now pounce time Lets see ...
News is bad price is up , most are short . 87 % of participants vs IG trader data , ill stand with the 13% that are long . could be the wrong thing to do ;) ....
Well the doom and gloom news came out today and net short levels went up 3% to 78% . The news is that Germany is officially in a recession . The news is bad , the consensus is that this has to go down . So, time to long , the temptation is to get long right now but my rules don't allow it , for we are below the 50 sma . So in the bushes I go, to wait,...