Category Archives for Sami Abusaad
Scan For Plays the Easy Way
Sami Abusaad’s latest lesson is aimed at making things a little easier for you. Knowing that stocks can correct through price and time, Sami has two patterns that he always looks for: buy setups and base breakouts. The last two lessons, which you can catch here and here if you need to catch up, were exclusively about base breakouts. Before that, he discussed pullbacks and how to play them with a look at entries, stops, and trade management. You’ll need to brush up on these if you want to be a top trade technician. But, when Sami is scanning the charts, what is he actually looking for? We already addressed the two primary patterns, but are there any more tips to make it easier? There sure are. Tune in to trade the easy way: P.S. Earnings Season is still going strong. Be sure to check out this FREE Earnings Season resource: The Ultimate Guide to Trading Earnings Season
Continue Reading -->The Powerful 1-2-3 Continuation Pattern: An Inside Look From The Strategic Day Trader Room
Get up to speed with Sami Abusaad’s latest trading lesson. Today, you’ll learn about the power of the 1-2-3 continuation pattern. If you’re going to find it, there is one key feature that you’ll need to spot. Do you know it yet? And, once you do… do you know how to play it? Sami does. And he will teach you how. Tune in to learn from him:
Continue Reading -->The Moves That Made Sami Get On the Mic Early
Sami Abusaad is excited. So excited, he had to record early because he couldn’t wait to discuss the trades on the table. First up is Bitcoin. You saw its crazy climactic run last week, and got Sami’s take on how to play it. Once he catches you up on how the rest of the week played out, Sami builds on the past with a look into the eye -popping future of Bitcoin. Even better, he clues you in on why he’s close to doubling down on his position size. Bonus: If you want an even deeper look into Bitcoin, check out Sami’s dedicated video here. From there, Sami moves to the his most bullish plays for this upcoming week. QQQ hit all time highs, showing great market strength, but Sami is voicing caution. There’s a number the Qs must not dip below if there’s any hope of higher highs. You’ll need to keep a close eye here if you’re thinking of taking any trades. Plus, Sami’s got a list of long term ideas he’s bullish on, and a few names he’s excited to trade. Tune in to see if any inspire you to buy in.
Continue Reading -->Catch a Big W With Bitcoin
Sami spies a huge W coming up for Bitcoin. There’s a double meaning here. Let’s break it down: A W pattern on the charts A win for your P&L Have you gotten in yet? Watch now and catch the ride up:
Continue Reading -->How To Dodge a Bullet When a Breakout Fails
Last week, you learned how to play breakouts like a fiddle. Here’s the key: all you need to do is learn how to handle yourself in the standard stages of stock movement, and you’ll have 85% of the market covered. But 85% is not 100%. No two breakouts are the same, and you can’t always count on them to make you money. So, how can you learn how to avoid the ones that fail? Sami Abusaad’s latest lesson tells you exactly how to steer clear of breakout failures. Most failed breakouts happen in exactly the same way: the stock puts in a wide range bar followed by one or more inside narrow range bars. The stock then breaks under the low of the inside bar and begins to break down… This is what Sami calls BO-NFT: breakout with no follow through. It’s how almost all breakouts fail. It’s also how most trends end. And it’s a concept you need to understand ASAP.
Continue Reading -->Bitcoin Went Climactic. So What’s Next?
Bitcoin just went climactic. You probably know that by now. But what’s coming next? Sami answers: It was almost a blow-off top, as denoted by a wide range bar and huge volume. See why Sami got short around $13,200, and how he ended up covering too soon. Bitcoin is proving to act very different from a stock. It was ‘supposed’ to relax. But it just didn’t. Watch the video and see what it means for Bitcoin short-term and long-term — because these two pictures are VERY different.
Continue Reading -->How to Trade a Sloppy Bull Like This One
The QQQ was setting up long into the G20 meeting. Typically, the market has news like the G20 priced in, but to the contrary, the market was up over the weekend. Now see the level QQQ needs to take out to extend the move. The market looks good, but it’s not perfect. Instead, it’s a bit sloppy. The weekly remains bullish, but Sami doesn’t like everything he sees on the daily chart. It’s also important note what’s happening with IWM. It was the first major index ETF to top out in September. SPY and QQQ did not top until October. Sami sees a key pivot in IWM that could ignore a big ugly mess. So the bias is bullish, but you do need to keep your eyes on Sami’s levels. He also identifies his top swing trade plays for the week, including AAPS, CASY, COLD, ACRS, KIRK, and more!
Continue Reading -->How to Play a Breakout Like a Fiddle
Last week, we talked about playing pullbacks. Now you’re going to learn to play a breakout like a fiddle. Breakouts can be confusing. Why? Because there are two kinds of breakouts, and no two breakouts are created equal. Sami is going to take you through the two kinds of breakouts, which apply to stocks, ETFs, forex, futures, cryptos, and more. If it has a price and a chart, you can use this prices. See the basic 4-stage cycle through which price moves. If you understand this cycle, you’ll see which breakout works in which stage. Best of all, you don’t need to be a cowboy trying to catch every top and bottom. Also, see how concepts like ‘The Pause Play’ and ‘Pause That Refreshes’ play out. This lesson is just one of the building blocks of Sami’s incredible trading career, so pick it up. And if you’re interested in a 1:1 consultation about how you can learn even more from Sami, please click here.
Continue Reading -->Going Beyond Bitcoin: How to Spot Your Next Crypto Buy
What’s up with the market lately? Sami Abusaad puts the current market environment into context with his review this week’s swing trade watchlist, checking out stocks like AVTR, CNDT, DIS, PCRX, and more. Plus, he lets you in on the stocks that he will personally be trading today, breaking down what he is looking for in each scenario to help you understand if and when you should also take the trade. But, Sami saves the real star of the show for the end of the video, when he clues you in on what he got up to this weekend in the crypto market. Last week he discussed why he was bullish on XRP; this week, he took home a nice chunk of change from his position. But, he’s always keeping in mind the cryptocurrency market’s dependency on Bitcoin when taking a trade. Where does he stand on Bitcoin and how does that affect how he executes? You’ll have to tune in to find out:
Continue Reading -->How Sami Picks the Stocks He Sticks With
If you know one thing about Sami Abusaad, you know that he’s methodical about picking his trade ideas. In his latest look at the market, he gives you his list of core long term ideas that he’s looking to trade. That is, of course, if he finds the right entry opportunities. He’ll show you exactly he spots them, and how you can do so yourself. There was one stock in particular that he thinks has incredible potential right now…. Can you guess which?
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