11/03 Mid Week Watch - $FSLYMy level: 53.30
Why: G2C, Previous day’s high
Notes: Plenty of room to push back up, want a quick dip in the morning. For now I’m looking at the previous close but it might change in the morning once I draw a fib.
2Y7 trade ideas
Midweek Watch 8/04 - $FSLY SHORTMy Level: SHORT at $40 and $41
Why: I'm looking for a fade on this on a pop. This has a $2 - $3 range on this. When you look at their earnings, the top line they missed by a hair and they are talking about cutting their fiscal year 21. No one likes when they start cutting guidance. This is a name that is already breaking down and could remain heavy. Sometimes these are the easiest trades. Could give us the opportunity for a slow fade.
Live Challenging Signal BUY FSLY STOCK @ 73.74Live Challenging Signal BUY FSLY STOCK @ 73.74
Signal Specification
Pair: FSLY
Entry Type: Buy
Entry: 73.74
Tp: 117.37
Sl: 56.15
R/R: 2.55
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3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
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Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
Forex Tamil
