Alibaba
ALIBABA / BABA STILL GOING - LOVELY TRADE ENTRY !BABA trade entry with nice tight SL, still open and running
BASED ON 1% RISK YOUR ACCOUNT WOULD BE RUNNING +4.28%
OUR STRATEGY EXPLAINED:
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.
baba means bull now this company never stops amazing me, there isn't a TA that has forecasted this stocks price that wasn't short since idk 2014 lol its p/e ratio is insanely good, its in straight bull mode for the benchmark 300 that might be a phycological brickwall but I think were on pace to blast past that, its literally went up 3 percent aftermarket already. its nearing the 1 trillion gross and should best that in 2021 or 22, and it has a very modest subscriber base of 880 million and growing compounded 3% a year. I could go on and on, but just so you know investing 1k in amazon in 94 would make u a millionaire today, baba is 20 years younger and doing the same thing with a larger audience base. im not missing out on my chance again so im all bullish in this stock HODL
BABA, What can happen?The price didn't break the Support/Resistance Zone and can start rising from this place.
The condition to open buy: the daily candle touches the zone with huge ATR.
But, if it will approach slowly we should wait for the breaking and Sell signal.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
BABAIt seems to me that BABA stock will increase in the next few minutes. Anyone who needs an advisor, I'm on duty.
Note:
(When I set the target and stop loss in a number that does not mean that the price will reach it, I only gave a buy or sell signal according to the analyzes that I performed in the chart and I delete it later, in order to share it with you so that you have a clear picture and you can read it in clear way
2, when you decide to use my ideas in your trading, please contact me to inform you of some things and monitor the position together without specifying the target or stop loss, we will decide when to open and close the position, thank you !!)
BABAIt seems to me that BABA stock will increase in the next few minutes. Anyone who needs an advisor, I'm on duty.
Note:
(When I set the target and stop loss in a number that does not mean that the price will reach it, I only gave a buy or sell signal according to the analyzes that I performed in the chart and I delete it later, in order to share it with you so that you have a clear picture and you can read it in clear way
2, when you decide to use my ideas in your trading, please contact me to inform you of some things and monitor the position together without specifying the target or stop loss, we will decide when to open and close the position, thank you !!)
The cheapest and best tech stock around you can buy !! So frustrating BABA smashed again estimates and Flop ! no breakthrough yet while Amazon and Apple still fly away with the FOMO money
WOW another solid quarter for one of my favourite Chinese stock and tech stock but somehow investors don't push it higher because of US China Tension .
Anyway this probably make it the cheapest teck stock around so I am adding before everyone realises it is too late
BABA: One more Dip?Alibaba is said to be the next Amazon stock, but right now it's still in its early phases of growth. Recently they were added to the Heng Seng index and they will have earnings next week on the 20th of August. So we know what that means! Alibaba may have one last dip for traders to grab it a little lower before moving up from the 18th of August where it could potentially make a pretty penny. Or you could take some now and ride the red a bit until it comes back up. Either way, looks like a good scalp and maybe long term investment to check out.
Simple Analysis (BABA) : Breakout of the resistanceHi guys, Since August 2018, the market has been below very signicafant resistance. In early jully 2020, the market broke finally this resistance and with force, we can expect a rise the days to come to 290 and even more... what do you things ?... FOLLOW ME and SHARE
Trump WeChat ban shouldn’t worry China tech stocksPowerful out performance in China tech unlikely to be undone by new Trump executive order
Alibaba - Baba Stock AnalysisThe Major trend is Bullish - The idea is to invest in the trend direction.
Wait the end of the price retracement before going long. Based on the Exponential Moving Average and and tentative trendline, the price might reach the level of 242 USD before starting a new rally.