Cheeky Munkey

2.4K posts

Cheeky Munkey

Cheeky Munkey

@Cheekymunkey2

Trying to be a trader and a foul mouthed jerk on X. In real life Im a great guy.

Se unió Mart 2021
36 Siguiendo76 Seguidores
Cheeky Munkey
Cheeky Munkey@Cheekymunkey2·
@icooperTrades You too. I've been lazy with trading lately. Need to get back on it or sign up to Jobseekers again lol.
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ian cooper
ian cooper@icooperTrades·
#Netflix has had a sell off in recent days and was down another 2% today. It is now almost tagging support of the white and green lines in the $82-84 zone. This should provide a bounce BUT it will be the 4th hit of this zone; The 4th hit often only gives a small bounce or even just a straight break so no long trade here for me. But if it did drop to the next green and white lines in the $69-72 zone then that would be a good entry. ALTERNATE TRADES: Above is how I would play this but there are 2 other equally valid trade plans; 1) Aggressive long here at the 1st support levels with tight stops just below the white line. If that level fails try again at the 2nd level. 2) Start a position at the 1st level and add at the 2nd if it gets there. NOT FINANCIAL ADVICE. $NFLX #nasdaq #trading #stocks #stocktips #investing
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Cheeky Munkey
Cheeky Munkey@Cheekymunkey2·
@RealCobraW I'm holding for the longer run. 3.25 will be the level I will look to bank profits. But I'm a longer term swing trader so it fits my method. GL. Nice profits.
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Cheeky Munkey
Cheeky Munkey@Cheekymunkey2·
@icooperTrades Hey mate. Not sure if you are looking at NFLX. I thought it's getting back to an attractive level to build a swing position. Your insights are always welcome. Cheers buddy.
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ian cooper
ian cooper@icooperTrades·
#NatGas up 4.5% and currently above the $3 level. A close above $3 is bullish (partly because of the round number but also because it makes a higher high after the recent pivot high on May 4th). If it does close above $3, probability favours a move up to $3.25. I will judge the market there and decide whether to close my long or leave it open at the time. If it rolls back over here, the orange line is support. #NaturalGas $NG $XNG $UNG #trading #investing
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Cheeky Munkey
Cheeky Munkey@Cheekymunkey2·
@icooperTrades The Spy just looks relentless just like NQ. I really thought when we got to 7400 we would start to see some sort of a pullback or weakness. Right now, its holding. Much like you I think this will be a slower burn. Bloody annoying lol. At least Natty is moving up.
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ian cooper
ian cooper@icooperTrades·
The #stockmarket was down slightly in the overnight but as has been the case for several weeks now, good news, bad news or no news, retail keeps buying and its back green. The #SP500 and #Nasdaq are both +0.2% and this is despite #oil still being up. Both indices are coming into resistance so the risk reward for long trades still looks poor to me (beyond day trades) but if you are in longs from lower then holding them until there is some sign of weakness is probably a good trade. $SPY $SPX $QQQ $ES $NQ #trading
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Cheeky Munkey
Cheeky Munkey@Cheekymunkey2·
@icooperTrades I got in too early and started laddering a little too aggresivly initially. Has not turned into a longer swing. Id be happy with a 10% correction or even down the previously low. As they say Im looking for the meat of the move. I dont need perfect tops and bottoms. GL Coops.
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ian cooper
ian cooper@icooperTrades·
The #stockmarket is set to open flat today. Both the $ES and $NQ continue to be close to/at resistance. The market is still looking strong so this momentum move can keep going. BUT the risk reward of any long trade is not great (day trades are fine and I have been taking day trade longs) so for me, I still remain short and I am being patient. NOTES: Several people have asked about my position and timeframe for a pull back. I am always fully transparent and those who have followed me for a while, know I will be honest about my good and bad trades. In recent weeks, several of my trades (silver, oil, cocoa, bitcoin etc) have hit targets really quickly. My stockmarket shorts are not playing out yet and I have definitely been early to this one (or wrong). BUT this is trading and I will not be right on all trades. And on others I will have to be patient and adapt (sugar was a good example recently of this). I have a balanced portfolio so I can cope with losers and cope with some trades taking time. Hopefully my commentary of this helps people become more patient and better traders. Ultimately, I still think the stockmarket will have a 20%+ correction and I am happy to be patient. #SP500 #Nasdaq #trading
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Cheeky Munkey
Cheeky Munkey@Cheekymunkey2·
@BasilTheGreat Its because someone's always getting paid with these agreements. Why become self sufficient when you can pay someone else to do it and get a nice back handed payments for life.
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Basil the Great
Basil the Great@BasilTheGreat·
🚨NEWS: Norway has begun RE-OPENING North Sea Oil sites to meet growing demand from the UK In case you weren't aware of just how stupid the UK Government is, they are BLOCKING permits to drill while PAYING Norway to drill oil from the North Sea instead We are led by clowns
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Crypto Tony
Crypto Tony@CryptoTony__·
JUST IN: World Health Organization says there are now 5 confirmed hantavirus cases.
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Cheeky Munkey
Cheeky Munkey@Cheekymunkey2·
@icooperTrades I've been short for ages lol. Average is circa 6900. Probably not great on my part. Been laddering in every 100. Will have to manage this. Could grind up to August to be honest...but we will see a pull backs. Midterms is a target date and we see downside movement prior. GL.
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ian cooper
ian cooper@icooperTrades·
the #stockmarket having a good move up today as #oil pulls back. The #SP500 is up 0.7% and the #Nasdaq up 1.2%. On the SP500 if it can close above Friday's high, it will negate the topping tail and open the door to further upside. The Nasdaq is making a new high already and continues to be a great momentum trade. TRANSPARENCY: I remain short and will be adding to my position today or later this week. I will share this when I do. So far I am early to this trade but still believe it is early rather than wrong. $ES $NQ $SPY $SPX $QQQ #trading #investing
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RajaBanks
RajaBanks@RajaBanks·
A lot is about to change after 20th of May.
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Cheeky Munkey
Cheeky Munkey@Cheekymunkey2·
@RealCobraW Agreed. Still holding my Ung long. Only issue is UNG dropped harder than natty so playing catchup. In profits now so shouldn't complaint haha.
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RealCobraW
RealCobraW@RealCobraW·
#NaturalGas #NATGAS $NG We're at the 50 EMA on the daily, a sign of a strong upward rebound. We're just getting started, but there's still time to move higher. Statistically, there's always some time to work through this area, so it could still take some time to break above 3.
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Whale Insider
Whale Insider@WhaleInsider·
JUST IN: Oil (WTI) forecasted to go as high as $134 by end of year, per Kalshi traders.
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Cheeky Munkey
Cheeky Munkey@Cheekymunkey2·
@felixprehn Might have to mute you buddy. You post wayyy too much and constant repetition.
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Felix Prehn 🐶
Felix Prehn 🐶@felixprehn·
If you want to learn how to spot where institutional money is moving and position alongside it, I'm running a free live training this Saturday. 3 key lessons from my Wall Street experience. Reserve your spot: felixfriends.org/live-y
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Felix Prehn 🐶
Felix Prehn 🐶@felixprehn·
With $40 trillion in debt, a war in the Middle East and rising inflation, the market should've crashed by now. And if it did, your retirement account would drop 30-40% like it did in 2008. But 4 forces built into the system prevent this from happening. Each one explained:🧵
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Cheeky Munkey
Cheeky Munkey@Cheekymunkey2·
@Borg74 Its moving like crazy now. Both NQ and SPY. Didnt expect such a quick run up. No pullbacks so far but surely it has to happen at some point. What a run for the bulls. Your stop loss did indeed save your hide lol.
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Goldman V*king Sachs⚔️
#Nasdaq100 — this is exactly why I use a stop loss. I was clearly wrong shorting yesterday, but risk was controlled to <1R. In fact, I cut it early as price moved against me straight after entry.
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ArcisFX 🌕
ArcisFX 🌕@ArcisFX·
#NATGAS - here a channel, there a channel, everywhere a channel channel.
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Cheeky Munkey
Cheeky Munkey@Cheekymunkey2·
@Han_Akamatsu I want to buy in. Do you see a pullback anytime soon? I think elevated oil prices are the only thing right now that could make it happen...
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Han Akamatsu 赤松
Han Akamatsu 赤松@Han_Akamatsu·
Imagine trying to short $SPY for the whole month just because "the volume wasn’t there." ☠️
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Cheeky Munkey
Cheeky Munkey@Cheekymunkey2·
@kpak82 History dictates from the 1st May we will get some sort of pullback
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Cheeky Munkey
Cheeky Munkey@Cheekymunkey2·
@RealCobraW If we get to 3.2 in a few days I'll be pretty happy. If we also get a nice drop on the Spy at the same time... I'll be over the fkn moon lol.
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RealCobraW
RealCobraW@RealCobraW·
#NaturalGas #NATGAS $NG okay, we eliminated some haters. It'll take a little while... a few more days... to get to 3,200
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Cheeky Munkey
Cheeky Munkey@Cheekymunkey2·
Closed my USO short just now at breakeven. I have shorts on SPY already & shorting oil was creating conflict. Essentially hedging. So I closed it. High oil prices should force risk off and a market drop. So I will wait. Also long UNG so will let them play out. #USO #Usoil #Spy
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