Homework:
Charts: Gaps in lots of charts especially the ones we monitor, they have more than one type of gap in them. Will there be a small pullback in the equity market? Has HSBC got a Dimond pattern in the daily chart? Lots of moving averages are acting as support on stock charts but getting mixed trading signals look at ristance and support Rolls Royce is approaching strong ristance they have had some orders for Engines for the AIG order on the Airbus side of things and had very favourable terms for Trumps Tariffs what is youre opinon on the moving averages not only on Rolls Royce but most stock charts. What are the patterns and angle of ascent or descent telling you as well as conversion and diversion and your stochastics? Fundamentally, lots of company news is full of job layoffs and company closures globally, not just SMES (Small to medium-sized businesses) but multinationals. In Burberry, which we spoke of, a three-month hold, a large gap has appeared on the daily bar chart on the London Stock Exchange is it a breakaway gap when will it reverse through it nothing wrong with taking a small profit and rebuying the same stock but its your trading stratergy, and you are responsible for your own money discuss all the above with an expert and always know your down size risk and maximum loss. Never trade with what you can’t afford to lose.
Homework: What trade options would you buy puts calls staddles and would you place your strike price where the gaps are would it be a one monmth or three month traded option? Volatility is a big thing in pricing traded options what is the Vix index telling you You should always get dvice from your broker and understand you can lose 100% of your money trading traded options unless you write an option which has great risk and you can lose a lot (a lot) of money when writing options we would suggest leave it up to the proffesionals always know your maximum loss.
Thanks to my hacker! Who keeps switching off Grammerly?
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