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I am affiliated with the following companies/firms:
1. Lucid w/ code SALMAOGS
2. E8 Markets w/ code SALMAOGS
3. Vest w/ code SALMAOGS
4. Tradesyncer w/ code SALMAOGS
5. Unusual Whales w/ code SALMA
IF you feel like supporting me when grabbing an account/membership with any of the above, using my code will always default to the best discount they’re offering 🫶🏼🫶🏼
Thanks in advance!!!!:)
1. Lucid w/ code SALMAOGS
2. E8 Markets w/ code SALMAOGS
3. Vest w/ code SALMAOGS
4. Tradesyncer w/ code SALMAOGS
5. Unusual Whales w/ code SALMA
IF you feel like supporting me when grabbing an account/membership with any of the above, using my code will always default to the best discount they’re offering 🫶🏼🫶🏼
Thanks in advance!!!!:)
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BTW I wasn't being funny with this question lol, really was curious so I hope no one takes it the wrong way
Looks like it's a better way to get clicks / engagement and solidifies people's brands
Looks like it's a better way to get clicks / engagement and solidifies people's brands
Why do influencers make graphics with their affiliate code and add a picture of themselves to it lol?
Genuinely asking what the point of that is
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Entered a banger $YM long on the @NTLiveMedia stream this morning, finally exiting now for 210 pts
Target is the halfway back from Thursday's high to Friday's low at 403's
🙌🏼
Target is the halfway back from Thursday's high to Friday's low at 403's
🙌🏼
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Salma retweeted
NY SESSION IS STACKED THIS WEEK🔥
@joseftrades kicking things off, LATAM taking over Tuesday, and a DOUBLE feature with @dancooketrades & @JamesBruce131 on Thursday👀
And Friday? @salmaogs & @E8Angel running the show.
You already know the vibes😂
Wednesday we’re taking a break, bis LOADED.
Who’s tuning in with us? 👇
@joseftrades kicking things off, LATAM taking over Tuesday, and a DOUBLE feature with @dancooketrades & @JamesBruce131 on Thursday👀
And Friday? @salmaogs & @E8Angel running the show.
You already know the vibes😂
Wednesday we’re taking a break, bis LOADED.
Who’s tuning in with us? 👇
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Salma retweeted
$SPY SECTOR ROTATION
MONTHLY: long term $XLE AND $XLK are still leading, although they have lost some momentum and strength
Long term improving is still $XLV $XLB and $XLP seems to be next up to take over leadership.
WEEKLY: medium term $XLE still leading but lose some still leading with momentum increasing, improvers are $XLP $XLB $XLU
DAILY: in the short term, almost every sector is leading on the daily, with $XLE $XLV $XLP $XLB being easier picks because of the medium and long term.
MONTHLY: long term $XLE AND $XLK are still leading, although they have lost some momentum and strength
Long term improving is still $XLV $XLB and $XLP seems to be next up to take over leadership.
WEEKLY: medium term $XLE still leading but lose some still leading with momentum increasing, improvers are $XLP $XLB $XLU
DAILY: in the short term, almost every sector is leading on the daily, with $XLE $XLV $XLP $XLB being easier picks because of the medium and long term.
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This week's newsletter was sent out this afternoon + I finally just got around to editing my latest youtube video on how to easily draw support and resistance levels
A lot of my content moving forward will be more curated towards beginners and I'll be focusing on information I wish I had when I first started
A lot of my content moving forward will be more curated towards beginners and I'll be focusing on information I wish I had when I first started
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A break below support doesn’t always mean sellers are taking control.
Sometimes, the most interesting part of a move happens AFTER support breaks.
Think about what can happen when price trades below an obvious low.
Traders who bought near that level may have stop losses sitting underneath it. Other traders may be waiting for the breakdown to enter short positions.
When price breaks below that low, both groups can contribute to selling pressure.
But what happens if price quickly reverses and moves back above support?
Now the traders who entered short on the breakdown may be trapped. If they start covering their positions, that buying can help fuel a move higher.
This is why I pay attention to failed breakdowns, especially around previous session lows and other widely watched levels.
The break itself isn’t always the most useful information.
Sometimes it’s the market’s inability to STAY below the level that tells you more.
Of course, not every reclaim leads to a reversal. Price can reclaim support briefly and break down again.
But a failed breakdown is a reminder that trading below support and actually accepting lower prices are two different things.
Don’t just watch whether a level breaks. Watch what happens after it breaks.
A great example of this is what happened to $NKE post earnings
Sometimes, the most interesting part of a move happens AFTER support breaks.
Think about what can happen when price trades below an obvious low.
Traders who bought near that level may have stop losses sitting underneath it. Other traders may be waiting for the breakdown to enter short positions.
When price breaks below that low, both groups can contribute to selling pressure.
But what happens if price quickly reverses and moves back above support?
Now the traders who entered short on the breakdown may be trapped. If they start covering their positions, that buying can help fuel a move higher.
This is why I pay attention to failed breakdowns, especially around previous session lows and other widely watched levels.
The break itself isn’t always the most useful information.
Sometimes it’s the market’s inability to STAY below the level that tells you more.
Of course, not every reclaim leads to a reversal. Price can reclaim support briefly and break down again.
But a failed breakdown is a reminder that trading below support and actually accepting lower prices are two different things.
Don’t just watch whether a level breaks. Watch what happens after it breaks.
A great example of this is what happened to $NKE post earnings
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