Week 17 – 21 Sep 2018

These are the trade that I will follow during the week. I comment as an opinion and should not be taken as financial advice. If you have any doubt, read the Terms and Conditions of the site.

US Steel offered a potential buy trend in the 4hr chart on the leftr, so the strategy in the week with this trend in play was to look for buy trades, this occurred when the price of X was  above the MA21 green line on Monday and began to grow in the week, the exit was when he started to lateralize around 30, therefore in 30.05 the exit was fixed. This trade gave 3.83% in the week.

YUM gave a potential sell short trend signal over the 4hr chart on the left then the idea was to look for sell short sale trades on the 1hr chart, it was on Monday when the stock went below the green line MA21 and the blue line of momentum at the same time went down the level of zero.  YUM did not have much strength in the downward journey so when it started to lateralize the exit was given and this trade gave 0.36% in the week.

Televisa never gave a signal of potential sell short trend but being in a Bear area as can be seen in the 4hr chart on the left, so you can look for short sell short trades in the 1hr chart. The Bear area is reminiscent of what is seen in the FisuOne® method, it is the whole area that marks the MACD of 4hr with its red MACD line below zero level. With this trend in mind sell short trades was the target, then searching for it in the 1hr chart on the right but it did not go well and the entry and exit coincided with the result remaining at 0% in the week.