Thundercat131

This morning I finished back testing NVidia from 1999. I used 25k as the start up capital but that is besides the point. The Point is that indicators are pointing out that the next long around is "around the corner". Similar to TESLA but NVidia has bigger. When can we expect this to happen? So on average from when the indicators start whispering that a long position might be coming up is an average of 60 days. But following simply this methodology is risky on its own as some signals are produced 15 days and some at 160 days. There is also another approach that intrigues me. A handful of the signals are almost back to back which is great for multiple entries when you measure just these the average is about 240 days. This coincides with Crypto's ETH which has given its heads up signal, which is an average 241.5 days. This all speculation at the end of the day and the signal will come when it does. So why post this if it could be that far ahead? I thought I would let people know that indicators are whispering. Here are some other indicators to take note of: The higher timeframes are a bit more clearer at the moment. The snapshot as of now indicates some sort of move downwards. This could be 96-98 region in the shorter term especially if we are expecting 60 days before a buy signal is produced. The back testing did also reveal that no signal was produced from 2011 to about 2018. It did catch the massive moves up but the exit signal did cut the party short in a few trades. The last signal was in October 2022 which was the Covid Rally. So it could indicate something big is coming globally but let me put my tinfoil hat down. Stay adaptable and Open minded.Bad news is the signal did not fully come through for NVDA. There is a good chance that it will follow the market up but I have to follow my trading rules and can not pull the trigger on this one. The Tesla Trade is on and active as of now. I will make a new idea if the signal does appear again.

Tesla has a very good chance of having a move up from here. What indicates this? 1) RSI is low at the moment and creating bullish divergence on the 12h and Daily timeframes. 2) The weekly timeframe shows price is where it should be. 3) The 2 week timeframe indicates price should be slightly higher. 4) Because the weekly is telling is price is correct and the two week is saying price should be around 300 - 380. I would aim that in the next week of trading that price should go up. I will update as soon as a long position is indicated. But for the time being indicators are pointing that a long is lurking. So keep an eye out on Tesla. Stay Adaptable.I forgot to change the screen to Daily Time frame on there the RSI is making a divergence.Update: First Buy Signal is starting to flash on the two day. It will confirm in in 1 day and a few hours. One thing that is a bit concerning is that the 5D signal has not signalled yet and the Stochastic RSI is still high. It will usually dip down to to around 50 at least. This means that this Tesla move can be one of two things. 1)A quicker move up. 2) A multiple entry trade. This means that the signal might be given now, price drops lower giving a better signal on the 5D. What I am trying to say is do not put all your eggs in one basket. I will update tomorrow when the signal is confirmed.With two hours to go the buy signal has faded away. This means that the signal was not ready and that the 5D stochastic does in fact still need to come down. So now we sit and wait again for it to appear. I believe it will be a healthier signal because of the 5D coming down.2D signal looks like it will confirm in 5h time. This will be the first entry position for me. What do I expect from the signal. The back testing provided 90% win rate from 2013. The data shows an average move of about 28% and the average hold time for a winning trade is 30 days. This is just the averages of what the data provided. I will have to keep an eye out on my momentum indicator to see when to get out. Which could be 2 days or 40 days. The only risk I see is that the 5D is still to high for my liking but as I said before I will use this as a first entry and if it goes down further I will add to my position. If the 3D and 4D signals confirm then I will add to my position regardless if the trade is already up or not. I will update this evening again closer to the signal confirmation time.1 hour till signal is confirmed. I have entered a long position at $236 and taking it as confirmed. Stay adaptable and open minded.Price is at 269 as of now. That is up about 13% from when the signal triggered. I hope lots of you are a making money on this or already have. I do not have a set exit price, I will wait on my signal to exit now. If momentum continues I will be adding more to my position as the 4D signal confirms tomorrow. I will place a stop loss in profit around $245. The only reason for this is because of the 5D stochastic being so high. It is the only time in 12 years that it has been so high once a signal has been given. Things To Do: Place Stop loss in profit. Add to position if 4D signal is confirmed. Update if an exit signal is given. Have a blessed day and remain adaptable.20% up so far. 4h is confirmed and have added to my position. If we measure from the initial signal and take 28% its about the $300 mark. We will have to see if momentum carries us through to there this week.The closing signal has not arrived yet but I will keep my stop loss in profit just in case we see more movement towards the downside.Stop Loss In Profit got hit at 250. I am still in 33% of my position and waiting for the closing signal to come through. The 5D stochastic has finally started to point downwards. This means we might see a potential move down. I will wait for the 5D long signal to confirm before adding to my position. So in short I think the 2D might signal a close and then the 5D will create a long signal. The other alternative is the 2D remains open and the 5D confirms where I would add to my position. Have a good weekend.2 Day Time Frame has now signalled a close with 5 hours to go. All in all the peak was about a 22% move and average was a mere 4% for me. We did anticipate something odd as the 5D time frame was still to high. My ideal target price would have been $295. So the next thing to do is it to wait for the 5D time frame. I will create a new idea when its closer to the time. Well done to the people that got into the trade and especially to those that got out at the peak.