sufiansaid

sufiansaid

I am a Muslim so there are issues about the halal-ness in trading CFD, particularly the Brent CFD (BCOUSD in Oanda) My solution for this is to buy an ETF that tracks oil companies (Oil companies stock price movement generally moves almost the same as the price movement of Brent and WTI). I found either FENY and XLE as great ETF for this. Unfortunately USO and UCO...

sufiansaid

I don't wear them, I don't buy them but I certainly liked what their charts looked like. Refer to the related ideas linked below to understand the trading system I used for this trade I bought 10 shares. Stoploss is ATR x3. When it reached 3R. I sold 5 shares and let the remaining shares to run until price close below the EMA cloud. Currently its running up to 11%

sufiansaid

Refer to the related ideas to understand/learn the trading system. Two buy signals since October (before the latest signal) but the filter line was not crossed/closed above it by 5EMA.

sufiansaid

I don't have FB account but technically the charts for this stock looks interesting. I will buy 50% of its single share (fractional share) as soon as 5EMA cross the filter line. Refer to the linked related ideas on the trading system.

sufiansaid

Indicators used : 1) Exponential Moving Average (5, 100 and 200) 2) TSI Shadow TSI Momentum Smoothing 1 : 15 TSI Momentum Smoothing 2 : 20 Type of MA 1 : 20 MA 1 : 20 At Style : untick everything except TSI and MA1 3) ATR (14) This is one of my way to catch short term trend that could last days, even weeks. The EMA Ribbon is 100 EMA and 200 EMA. That is our...

sufiansaid

For Trade #1, refer to the linked related ideas below for reasons why I bought shares there //The exit strategy (price close below the EMA ribbon) will be ignored if not already in profit and/or haven't hit 3R. Keep the trade on as long as the stoploss hasn't been hit yet For Trade #2, TSI Shadow bullish crossover occured. I mark a line on the HIGH of that...

sufiansaid

if the crossover TSI shadow happens under the EMA ribbon (100 EMA and 200 EMA), I either just leave it alone and move on to the next stock OR I wait if price close above the ribbon AND the daily pivot is missed (and not too far away from the ribbon). Look at the charts, its self explanatory

sufiansaid

Gap to the upside as the ultimate price target, Bullish Missed pivot and technical trigger, time to buy 10 shares.

sufiansaid

I like this stock for a short-term trade. I am eyeing $2.84 (Missed Weekly Pivot). My buy trigger is when there's a bullish missed pivot.

sufiansaid

To profit rising price of Brent, you can do worse than checking out FENY ETF. Check out the Brent price action correlation with FENY (Fidelity MSCI Energy Index ETF)

sufiansaid

Using the TSI 70.00 and -70.00 levels in relation to where the 60MA was when it was ovebought or oversold can potentially pin point where price will go in the future.

sufiansaid

Post self explanatory

sufiansaid

Chart self explanatory

sufiansaid

Chart self explanatory

sufiansaid

Chart self explanatory

sufiansaid

Chart self explanatory

sufiansaid

Chart self explanatory

sufiansaid

Chart self explanatory #undervalued #shariahcompliant