Trading stocks - Amazon - 23 June 2021
Swing Trading Amazon - it reaches our target - where next?
Here we see our weekly AMZN chart - we are now two weeks and over $150 in profit.
Our entry was a clear signal at $3342 and we now stand at $3496.
We use our standard Inteligex 2 timeframe method here, and we use the weekly chart to select the trades we take on a weekly basis. This strategy is perfect for an actively traded portfolio. It is swing trading at its best.
If you want to learn to swing trade or actively trade your retirement fund then Inteligex is something you should look at. It works on all timeframes and the signal based approach gives you trade entry points plus targets and of course, a stop. It delivers a success rate of up to 87% when trading stocks. In the next chart (below) you will see how we use the daily chat in combination with the weekly trend to make even more profitable trades.
Now we look at the daily chart (left). Remember we are looking for long trades as the weekly is in "long trend" mode. It's not hard to work it out. In fact its show with arrows!!
As you can see there are three clear trades signalled. All buys. And all very profitable.
The total profits adding up to over $150 - or 4.6%. 4.6% in just six days.
So what next? Well, look at the lines cutting across the screen colored in gold, pink and purple. These are our "super major" and "blended super major" lines. They are really special. They are the trend killers. They often stop a trend dead in its tracks.
What has happened since we touched the trend killers five days ago? Nothing.
What do we expect now? Well we have to wait and see. What we do know for sure is our predictions (yes, predictions) for profit targets and trends are spectacularly accurate. And you can use them on any timeframe to trade stocks or stock options.
You can learn to trade stocks or learn to trade stock options when you learn to trade with Inteligex. You trade your style. You are totally in control and we will show you how to trade in any time frame with any liquid instrument. It's perfect for Daytraders.
If you want to know more about stock trades, sign up for our newsletters and you will receive several stock trades per week. Check the accuracy and then become a member. Members get more trades, more signals, more trades and more profits.
Oh and it's not just stocks that Inteligex lets you trade. It's anything. Below is a Forex pair (GBPUSD). Three full cents (3000 pips) of profits is shown on this chart. How much is that worth? To get the value of one pip in a currency pair, you to divide one pip in decimal form (i.e., 0.0001) by the current exchange rate, and then multiply that number by the amount of the trade.
In this case: 3000 could be worth anything from $3000 upwards. Your total risk here? Under $300. Want to swing trade forex? Sorted.
