To The Moon

Once you are in a trade, your focus shifts to risk management and profit-taking.1. Setting Your Stop-Loss (The Defensive Play) A confirmed candle close below the central level is one way to exit, being mindful that it can sometimes result in a larger loss. A predefined stop-loss is essential.The "Buffer Zone": Instead of placing your stop at the central level, you place it a certain percentage below it. This creates a buffer to absorb volatility.Low Volatility: A 0.5% buffer below the level might be sufficient.High Volatility (wide level ranges): A 1% buffer gives the trade more room to breathe and respects the current market conditions.2. Reading Momentum at the Next Level (The Offensive Play) When the price breaks through a resistance level (first, or second) or a support pivot (first, o

With the weekly bias established by the chart and the central level as your guide, you can now look for an entry.Method 1: The Confident End-of-Week Entry An investor or a swing trader might open a long position around the close on Friday or the open on Monday, based on the strength of the weekly setup alone. The plan is simple: stay in the trade as long as the price remains above the central level ($535 for $SPDR S&P 500 ETF Trust(SPY)$ , or $5,384 for $S&P 500(.SPX)$ ). This approach relies on the power of the weekly signal.Method 2: The Patient Pullback Entry A trader looking for a better risk-to-reward ratio might wait for a pullback. This is where the use of 4-hour (4H) and 2-hour (2H) charts

Looking ahead, we expect the market to exhibit a supportive, upward-biased trading pattern toward the end of this week and into early next week. However, this will likely be followed by renewed selling pressure later in the week, leading to a potential correction that could extend into early to mid-July. $NASDAQ(.IXIC)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ Since our previous analysis, several high-impact developments have significantly influenced the market landscape.The most notable was the second round of trade negotiations initiated by a phone call between former U.S. President Donald Trump and Chinese President Xi Jinping. These discussions led to in-person ne

BTCUSD - Relative weakness to be confirmed from a breakdown of 1- Month symmetrical triangle pattern (via $ProShares Ultra Short Bitcoin ETF(SBIT)$ $ProShares Short Bitcoin ETF(BITI)$)Similar idea to $T-Rex 2X Inverse MSTR Daily Target ETF(MSTZ)$ $Defiance Daily Target 2X Short MSTR ETF(SMST)$ shared yesterday. May give this trade a miss if it breakdown during the weekend ImageI would trade it long if the triangle ends up resolving to the upside, but only if opportunity allows. when there is a showcase of relative weakness in a group, there'll also be a showcase of relative strength in various other groups. Bitcoin may n

$Veeva(VEEV)$ has never exceeded beyond 7 x ATR% from 50-MA since 2018 (7 year ago). It's 5 x ATR% from 50-MA now after barely 2 weeks of consolidation since it's post earnings gap up. This is a text book flag based setup that many can be lured into, but it's extended based on historical mean. I have failed in a lot of such trades in my past and I can find lots of reason to forgo this idea, always seek reason not to trade. You also need to coupled with high relative volume and able to execute this trade below 60% LoD to increase your odds, if not it's not worth locking up your capital on such low ADR% name (u need almost 80% more capital than a 4.5% ADR idea to play this, u reduce your flexibility to take on new idea)ImageFor whom haven't open CBA

Trading is not a get rich scheme. Here’s what you need to do to succeed for $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ in 5 steps:1. Pick a set-up you like and test it so you are confident it works for the next 100 trades.2. Figure out what position size you need to take and where the stop losses should be to control risk. It should maximize your confidence level when you enter at the right time.3. Review your trades often to fix small mistakes and to gain confidence once you enter a trade.4. Surround yourself with strong traders and have mentors to help you fix your trading system and bad habits.5. Work on emotional control by writing down what you feel so you can fix your bad behaviour.For who

This week I covered the following topics:1. EM Equities: Remain bullish EM equities given improving technicals, decent reset+upturn in sentiment, cheap valuations, and still historically low allocations by investors (+rate cuts and weaker USD).2. EM Fixed Income: Remain bullish EM fixed income given promising technicals, cheap valuations + elevated real yields, ongoing rate cuts (and contained inflation), improved outlook for EMFX.3. Commodities: Remain bullish commodities given improved technicals, cheap valuations, upturn in sentiment and positioning, along side previously outlined macro/thematic +supply underinvestment case.4. GSV vs ULG: Remain bullish Global/Small/Value (vs US/Large/Growth) given extreme cheap relative value (and cheap absolute value), tentatively turning technicals (