I just wanted to share some exciting trade ideas and insights from our latest video. There's a lot to unpack, so let's dive right in!
1. CAD Yen – A Potential Game Changer
We started off by analyzing the CAD Yen.
I've spotted a fascinating pattern here – a double top, or should I say, a quintuple top on the weekly chart. Patterns like these are not just visually intriguing; they offer a deep insight into market trends.
Check out the chart I've attached to see what I mean.
2. Patterns and Breakouts
We delved into understanding market patterns and their repetitions. Remember the last time CAD Yen dropped out of the box?
History might just repeat itself, offering a potential profit opportunity.
I've included a chart to show you the last breakout and what we might expect next.
3. Big Moves on the Horizon
I talked about the importance of big picture analysis and how the CAD Yen is showing signs of significant movement.
The weekly timeframe analysis reveals much about the potential trajectory. Have a look at the second chart to see the big box I’m talking about.
4. Alligator Indicator Strategy
I also touched upon the alligator indicator strategy, particularly focusing on the 'break and hook' method.
This technique can be a game-changer in identifying entry and exit points.
The chart I'm sending you illustrates this beautifully.
5. Robinhood and Coinbase – Stock Analysis
Moving on to stocks, I discussed trades in Robinhood and Coinbase.
The volume spikes and box patterns in these stocks are worth observing.
The attached charts will give you a clearer picture of these patterns and their potential impact.
6. IWM Index Insight
Lastly, I touched on the IWM index, where I already have a position.
The size of the box pattern here indicates a potentially lucrative move. Don't miss out on the chart for this one – it's pretty telling.
I really want to emphasize the importance of patience and discipline in trading.
Remember, it's not just about the trades we make, but also about the ones we decide not to make.
Always analyze, plan, and then execute with caution.
As always, I'd love your feedback on these insights.
Let me know if you find these charts helpful or if there's anything more you’d like to know.
Also, keep an eye out for our Christmas video and the big reveal of our 2024 trading plan!
Wishing you a great day and even greater trades,
To your Trading Success,
P.S. Video is attached for your enjoyment: