dan411vm

dan411vm

This trade could potentially be an 8 bagger or more if you have the testicular fortitude to ride this thing all the way down, or conversely add to your position as the market goes in your favour. Both of these are uncomfortably the right thing to do in order to make money in this business. I don't usually like to enter the market on an overnight over the weekend...

dan411vm

Double top with RSI divergency all the way down to rested support.

dan411vm

Double top with divergency. This could have a long target 1:6 if you have testicular fortitude to ride all the way down , as my mentor once said. You can manage this in you own way, I'm playing this in a more humble way.

dan411vm

Have split my entry on this as it was an over the weekend signal. Sometimes low liquidity on the Asian session requires of the market markers to generate liquidity, so they can get in size.

dan411vm

Key area forming what it seems to be a double bottom with RSI divergency. Maybe the buyers are taking the reigns at this level.

dan411vm

Divergency double bottom on the Dow. It's a intriguing one as its the only index giving us the buy signal. One should always follow the strategy, even if you don't believe its going to workout, as there's a great deal of randomness in this business.

dan411vm

A mini double bottom on this weekly trendline confluence. It should have a good chance to workout as we are not yet back into the channel, check my previous call trade on coffee. We might gone in a little early as the original trade was spotted on the 1 hour chart but if it pays off the reward will be better.

dan411vm

I'm not in this trade as it would be triggered in the middle of the night for me. Gonna try to find a opportunity to enter around the highlighted box area so i can still have a reasonable stop for a good RR. If not ,will turn the page and look for another trade.

dan411vm

Text book Double bottom pattern. Rsi is also getting momentum.

dan411vm

Seems like the market is getting into a range bound in this case, a distribution phase where the market is falling in high volume and rising in low volume. It could be a good bet for this double top !

dan411vm Updated 

Short selling on this double top as RSI looks weak.

dan411vm Updated 

If within the next hour we close above the previous candle, there will be a good opportunity to go long.

dan411vm Updated 

Divergence formed on the daily. Target is humble but it if you works out and you have the testicular fortitude to hold for longer it might 5X the original target.

dan411vm Updated 

Buyers losing momentum as RSI declines. We a little late to the party therfore we will seat in our hands patiently and wait for a second chance to get in.

dan411vm Updated 

I believe there will be many trapped long traders here as they are losing momentum. If all works out we are in for a treat today!

dan411vm

Looks like the big boys are eager to buy at this level. Lets wait and see if we get a second chance to get in.

dan411vm Updated 

Buyers seem interested again. Good RR if all works out.

dan411vm

If a close bellow the last weeks price action occurs, We can sell short at the market or wait for a possible retrace then get in. Its a long ride until the target but if all goes well will be possible to build a massive position but until then we wait for the first trigger. More updates as the trade develops.