ALKS - INSIDERS SHORT sign + SPY WEAKNESS
Hi traders,
I am going to share yesterday's trade with you, that we opened in our accounts. It was a SHORT in a market that is in a pretty nice downtrend.
You will probably have a question - Why do you open short trade in this falling market?
Because INSIDERS increase their SHORT positions - and that´s a SHORT sign! Trading with them is much easier than against them.
In the video, I focus on the volume profile too, and how to use
SPY for the confirmation.
Trade parameters (
ALKS):
Direction: Short
Entry: 15.90
Stop-loss: 18.44
Profit target: 10.79
Good trading!
Jakub
FINEIGHT
I am going to share yesterday's trade with you, that we opened in our accounts. It was a SHORT in a market that is in a pretty nice downtrend.
You will probably have a question - Why do you open short trade in this falling market?
Because INSIDERS increase their SHORT positions - and that´s a SHORT sign! Trading with them is much easier than against them.
In the video, I focus on the volume profile too, and how to use
SPY for the confirmation.Trade parameters (
ALKS):Direction: Short
Entry: 15.90
Stop-loss: 18.44
Profit target: 10.79
Good trading!
Jakub
FINEIGHT
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.