I entered this trade on 12/22. Entered @ .9901 target one hit @ .9944 target 2 hit @ .9969 and FINALLY target 3 hit @ 1.0138... This was a long trade for me...
For me this is a very telling chart. Look at the two patterns I've highlighted and the VIX looks like it's ready for a spike to the 35 to 40 range. AMAZING how similar the patterns are from 2002 and present... I will look at call options and will post when I'm ready to enter. Hope it helps...
Normally I don't buy stocks. For those of you that do buy stocks this one is worth looking at. Once the price breaks 19.96, should go to 25 fairly quick and if can stay above 25 next target should be 30... Hope it helps...
What a nice pattern. Looks like it's ready to pop one way or the other. I believe price will test the up side and break the down trendline which will be the second down trend line to break. That makes for a very powerful move to test the previous high@1.0137... If you don't trade futures you can take advantage of this move with FXA (ETF)...Hope it helps
If price can break the trendline this trade should be good for over 200 ticks. Very profitable. If you don't trade futures look at ETF (FXA). Hope it helps
This setup has the potential for a very profitable trade. The price will pop out like a new born baby and when it happens the price will explode. This should be a buy and hold trade for a long period of time due to the strength of the pattern.... Hope it helps Alerts will go out shortly
As I have been gone since September 29 for the purpose of taking care of legal matters resulting from a 31 year marriage. I am very happy to say that I'm back in my trading room for the first time in months. My first scan produced this great looking pattern. The longer the price stays in this wedge the more powerful the move will be on the breakout. I will enter this trade shortly and send out buy alerts and targets to all that are on my alert list. I hope some of you missed me. This trade should be very profitable... Hope it helps