All posts by Sami Abusaad
The Bleed and the Money Bar
“The market speaks loudest in failure patterns” is as true a saying as it gets on Wall Street. The Money Bar is the ultimate failure pattern. Here’s the way it goes: a stock tries to break out from a bearish base, only to get slammed. It signals that traders weren’t quick enough and got caught. It also gives Sami a solid entry and a secure stop. And it shows you where money got trapped. Once you know that, you need to know how to play it. Sami’s explains how you can attack this kind of opportunity. Plus, Sami gives you insight into one of his favorite patterns of all time, the Bleed Pattern, which occurs when a stock pulls back, pops a bit, and then bleeds into the rising 20ma and breaks out. This pattern often coincides with the Money Bar, and that’s when the real fun begins. Watch this video to learn how these patterns can help you boost your profits.
Continue Reading -->The First Shoe to Drop if the Market Tops
“Mark my words: if the market tops, this name will be the first shoe to drop.” Sami Abusaad is taking you along for a deep dive into some of the most influential names in the US economy. Tech companies lead the market, and there’s no shortage of movement there. Sami gives us his perspective on each of the FAANG names – plus MSFT, which is perhaps the most important of all. The majority are looking decent on the charts, but one in particular is seeing a spectacular fall. Sami is confident: this tech stock will be the first shoe to drop if the market tops. Plus, there’s plenty to cover outside of FAANG. Sami gives you some of his top takes, including: the one caveat he’s looking for before he plays TSLA when you should be sprinting away from NVDA why he’s skipping the indexes in gold and going straight for the individual stocks why BABA is a mess at the moment, and what to do with it the names he likes in crypto which stock is the best of the bunch – and yes, he’s playing it There’s a lot of info packed into this quick video. Get watch and get trading.
Continue Reading -->Understanding the Power of the 20 Day Moving Average
Sami Abusaad has dubbed the mighty 20 day moving average the single most important tool at his disposal. Rarely can such a simple tool make such a huge difference in your effectiveness, but this one is the exception. In Sami’s view, there is no tool more accurate and reliable. This essential lesson highlights how to use the 20ma to understand what the charts are telling you. Sami breaks down direction, slope, and how you can use this information to play the trend. If you didn’t already know, moving averages are directional guides that speed up technical analysis of trend. Sami attributes half of his total profits to the moving average – in fact, he prefers most people don’t use it, because it’s a big part of his edge! This particular moving average gives you a heads up right before a stock is about to break out. If you think you could benefit from that kind of forewarning when it comes to taking trades, then this is the lesson for you. Learn it now!
Continue Reading -->How to Stack the Odds in Your Favor on Every Trade
Today, Sami’s talking amplifiers: events that stack the odds in your favor. Before he gets into it, he reviews a lesson from way back in his lesson series on buy and sell setups. It’s one you need to understand before you build off of it with today’s lesson, so make sure you go back and review if you aren’t crystal clear on it yet. These setups, used with amplifiers, allow accuracy levels to climb even higher and your profits to skyrocket. Sami gets scientific about properly identifying and exploiting moments when these events occur simultaneously… and is happy to teach you his methods. Take your trades from decent to excellent. Watch now to stack the odds in your favor.
Continue Reading -->A Secret Trick for Playing the 200 Day Moving Average
The 200 day moving average is the Grand Daddy of them all. And if you understand one simple trick, the 200 day can tell you an awful lot about where a stock can go. In this classic video (note: the Black Room is now the Pristine Active Trader VTF®), Sami Abusaad explains what gaps around the 200 day moving average mean. He gives you a simple rule that lets you know if a gap will lead to continuation up or down, or if a reversal could be on tap. Every time Sami has violated this rule, he’s regretted it. Also learn why “flatness is king” — unlike the 20 day, you do not want a trend in the 200 day moving average. This is one of those tiny little nuances most traders don’t know about — but which can make a big difference in your P&L. And you can learn it through example from Tesla (TSLA), Vaaalco Energy (EGY), Tellurian (TELL), and more.
Continue Reading -->GLD Going Bullish
Today Sami’s giving you a quick update for the latest in gold. On June 1st he called the bottom on GLD. Now there’s a new pattern setting up that demands your attention. If you missed the train, now’s the time to jump on as it speeds up. Tune in to find out where gold is going.
Continue Reading -->Big Plans to Buy Bitcoin
Last week, Sami gave you three scenarios that could play out in Bitcoin, and a guide on how you could play them depending on where the charts took you. One of those three opportunities came up. Did you play it? Tune in to see how Sami trades went. This week, he’s taking a new approach on Bitcoin. His short term plays are turning bearish. He shows you why, plus how he finds the clues with multiple timeframes. While he sees price drops in the short term, his long term outlook is as bullish as ever. He’s got some huge early projections for where Bitcoin will hit by New Years 2020. Watch now to cash in on the long term trades on the table.
Continue Reading -->Take Your Swing Trades to the Finish Line
Sami’s last lesson gave you a behind the scenes look at the tools that help him streamline his scanning process. Today, he’s reviewing his method for scanning the charts as effectively as possible. Remember: once you learn how, you’ll have to practice to get fast. Maybe one day you’ll pass Sami’s 3 chart per second average! But, once you flag your potential plays, what do you do with them? Today’s lesson breaks down how to take your swing trade all the way to the finish line. Sami’s strategy uses the dailies and hourlies together to pinpoint an ideal entry point. Every potential play gets this treatment, and the ones that make the cut get onto the favorites list. If that sounds simple… that’s because it is. Once you know the rules, mastering the game is a piece of cake. Learn Sami’s lesson today:
Continue Reading -->Bitcoin: When to Buy Again, and Why
Want to trade Bitcoin? Sami Abusaad’s here with his Bitcoin game plan for this week. Last week, Sami said Bitcoin could pull back before shooting up hard. But Bitcoin was stronger than expected, which shows you just how bullish Bitcoin is right now. Traders just keep buying at support. So with Bitcoin back at $11,000, what do you do now? Sami lays out three scenarios for trading Bitcoin. Two of them are plausible. And one is not. But Sami is perfectly fine with any of them playing out. See the specific price levels for each of the three scenarios, and where Sami wants to take action.
Continue Reading -->How to Swing Trade a Tired Market
Microsoft (MSFT) gapped up Friday before selling off hard. This doesn’t mean Microsoft is a mess. But it does mean the market is tired. See how that’s playing into Sami’s swing trading strategy this week: It’s time to take things day to day, unless Friday’s bar gets negated quickly. And with so many companies reporting earnings this week, things will get even more confusing. Sami then takes you through the names on his swing trading watch list, including ABT, AMRX, DF, LK, SIG, BCRX, EBAY, PINS, and TTMI. P.S. Click here to check out Sami’s latest Bitcoin update
Continue Reading -->