Global Algorithmic Trading Software (GATS) Trading Strategy #4 Performance for EURCAD as of April 22, 2023
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Global Algorithmic Trading Software (GATS) Trading Strategy #4 Performance for EURCAD as of April 22, 2023

Title: Advanced Analysis of EURCAD Trade Using GATS Trading Strategy #4 and Colored EMA Zones

The Global Algorithmic Trading Software (GATS) has become an essential tool for traders worldwide. Today, we delve into the performance of GATS Trading Strategy #4 for EURCAD as of April 22, 2023. This article targets a special group of Global Intra-Day Traders, Global Swing Traders, and Global Position Traders at Global Financial Engineering and Global Accountancy Institute. Additionally, we will discuss valuable insights from Dr. Glen Brown, the President & CEO of Global Financial Engineering and Global Accountancy Institute.

Trading Timeframe and Risk Management

For Trading Strategy #4, the trading timeframe is M30. Traders are risking 0.04% of free equity with an adaptive trailing stop loss of 18 times the Average True Range (ATR) using a period of 200. The position size is calculated automatically by GATS using this data.

Trend Analysis and Trade Entry

According to our proprietary trading system, the trend analysis for EURCAD is as follows:

  • The Primary Trend (PT), given by the Global Monthly TIME BAR (GMTB), is currently Bearish.
  • The Secondary Trend (ST), given by the Global Weekly TIME BAR (GWTB), is currently Bullish.
  • The Medium Term Trend (MTT), given by the Global Daily TIME BAR (GDTB), is currently Bullish.
  • The Short Term Trend (STT), given by the Global Four Hour TIME BAR (GFHTB), is currently Bullish.

In light of the above trend analysis, a bullish trade for EURCAD has been entered using Global Trading Strategy #4 on the Global Automated Trading Software (GATS).

Trade Details and Management Strategy

The Global Entry Signal for EURCAD was to buy 18.61 lots at 1.47876. As of April 22, 2023, the current Global Trailing Stop Loss for EURCAD is 1.48233, with a Global Target Profit set at 1.49523. The current price for EURCAD is 1.48779, translating to an unrealized profit of $12,411.7.

For trade management, we applied the Global Adaptive Trailing Stop System for Global Trading Strategy #4, combined with a normal trailing stop of 60 pips.

Expert Insights from Dr. Glen Brown

Dr. Glen Brown, President & CEO of Global Financial Engineering and Global Accountancy Institute, emphasizes the importance of adapting to market trends and utilizing algorithmic trading software. He states, “GATS has revolutionized the trading landscape by allowing traders to react quickly to market changes and identify optimal entry and exit points. By embracing cutting-edge technology and risk management strategies, our traders can consistently achieve profitable results.”

Subtitle: Maximizing Trading Opportunities by Recognizing Warning Signs and Incorporating Trend Analysis

Introduction

In this advanced analysis, we will examine the open EURCAD trade using Global Algorithmic Trading Software (GATS) Trading Strategy #4 and explore how traders can apply Colored EMA Zones to identify warning signs, maximize trading opportunities, and incorporate primary, secondary, and medium trend analysis.

Primary, Secondary, and Medium Trend Analysis

The proprietary trading system used in GATS provides traders with valuable trend insights, including primary, secondary, and medium-term trends. For the EURCAD trade, these trends are as follows:

  1. Primary Trend (PT) – Global Monthly TIME BAR (GMTB): Bullish
  2. Secondary Trend (ST) – Global Weekly TIME BAR (GWTB): Bullish
  3. Medium Term Trend (MTT) – Global Daily TIME BAR (GDTB): Bullish

By considering these trends, traders can make more informed decisions and better manage risk when entering or exiting trades.

Application of Colored EMA Zones for EURCAD Trade

  1. Momentum Zone (Lime Green EMAs: EMA 1 to EMA 8)

Traders should monitor the EURCAD price in relation to the Momentum Zone. If the price remains above the highest EMA in this zone, it indicates strong bullish momentum in line with the primary and secondary trends. However, if the price falls below the lowest EMA, it may signal a potential trend reversal or weakening momentum.

  1. Acceleration Zone (Medium Sea Green EMAs: EMA 9 to EMA 15)

This zone indicates the acceleration of the trend. If the price remains above the Acceleration Zone, it demonstrates a strong bullish trend consistent with the medium-term trend. If the price crosses into this zone, traders should be cautious, as this may indicate a potential slowdown in bullish momentum.

  1. Transition Zone (Pale Green EMAs: EMA 16 to EMA 25)

When the price enters the Transition Zone, it suggests a possible change in the trend. Traders should pay close attention to price action and other technical indicators for signs of a trend reversal or continuation, considering the primary, secondary, and medium-term trends.

  1. Value Zone (Light Gray EMAs: EMA 26 to EMA 50)

If the EURCAD price reaches the Value Zone, it may present an opportunity for traders to enter long positions, as it indicates a potential undervalued market. However, traders should also consider other factors, such as economic data and global events, before making a decision.

  1. Correction Zone (Light Coral EMAs: EMA 51 to EMA 89)

A price movement into the Correction Zone signals a deeper correction in the trend. Traders should be cautious and consider tightening stop losses or exiting positions if the price continues to move deeper into this zone, especially if it contradicts the primary, secondary, and medium-term trends.

  1. Trend Reassessment Zone (Salmon EMAs: EMA 90 to EMA 140)

If the price enters the Trend Reassessment Zone, it may indicate a significant shift in the trend. Traders should reassess their positions and consider exiting the trade if the price fails to recover quickly, keeping in mind the primary, secondary, and medium-term trends.

  1. Long-term Trend Zone (Brick Red EMAs: EMA 141 to EMA 200)

When the price reaches the Long-term Trend Zone, it suggests a significant trend reversal. Traders should consider closing positions and waiting for a new trend to emerge.

Conclusion

By understanding and applying Colored EMA Zones and incorporating primary, secondary, and medium-term trend analysis to the open EURCAD trade using GATS Trading Strategy #4, traders can identify warning signs and maximize trading opportunities. Dr. Glen Brown, President & CEO of Global Financial Engineering and Global Accountancy Institute, states, “The ability to recognize and adapt to changing market conditions is crucial for long-term success in trading. Colored EMA Zones, combined with our trend analysis, provide traders with a powerful toolset to monitor trends and make informed decisions.”

It is essential to combine the insights gained from Colored EMA Zones and trend analysis with other technical indicators and fundamental analysis to make well-rounded trading decisions. Always remember to employ sound risk management practices and seek professional advice if necessary.

Disclaimer: The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends, or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by Global Financial Engineering, Inc. to buy, sell, or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Global Accountancy Institute Micro Trend Trades Analysis for Bitcoin
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Global Accountancy Institute Weekly Commentary for Bitcoin by Dr. Glen Brown

Updated: September 3, 2022

Bitcoin is the world’s most-traded cryptocurrency which represents a massive share of the cryptocurrency market. It was the first cryptocurrency that was introduced to the public and has therefore the most developed infrastructure. It is often considered to be a trendsetter in the cryptocurrency world. Bitcoin essentially created an alternative asset class and can be used in portfolio hedging strategies, especially during turbulent markets. (Source: Trading View)

At Global Accountancy Institute, Inc., we believe that each trade should have a name. Hence within our trading models, we have four(4) types of trades that we execute daily.

These are:

  • Global Micro-Trend Trades
  • Global Short-Term Trend Trades
  • Global Medium-Term Trend Trades
  • Global Long-Term Trend Trades.

The Global Micro-Trend Trades are executed by our Proprietary Global Algorithmic Trading Software(GATS) using Sub-System #0,#1 & #2 which trade in the direction of our Four Hour Time Bars(FHTB) with a Trailing Stop Loss given by four(4) times the Daily Average True Range(DATR) using period 25.

The Global Short-Term Trend Trades are executed by our Proprietary Global Algorithmic Trading Software(GATS) using Sub-System #3  which trade in the direction of our Daily Time Bars(DTB) with a Trailing Stop Loss given by five(5) times the Daily Average True Range(DATR) using period 25.

The Global Medium-Term Trend Trades are executed by our Proprietary Global Algorithmic Trading Software(GATS) using Sub-System #4 which trade in the direction of our Weekly Time Bars(WTB) with a Trailing Stop Loss given by six(6) times the Daily Average True Range(DATR) using period 25.

The Global Long-Term Trend Trades are executed by our Proprietary Global Algorithmic Trading Software(GATS) using Sub-System #5 & #6 which trade in the direction of our Monthly Time Bars(MTB) with a Trailing Stop Loss equal to seven(7) and eight(8) times the Daily Average True Range(DATR) using period 25.

Our Global Algorithmic Trading Software (GATS) #5 on September 03, 2022, indicates the following for Bitcoin

The Long Term Trend (LTT): Bearish
The Medium Term Trend (MTT): Bearish
The Short Term Trend (STT): Bearish
The Micro Trend (MT): Bearish

We are currently Bearish on Bitcoin and hence decide to execute a long term Bearish trade with a potential trade entry signal as follows:

Global Potential Trade Entry Signal #1:17575
Global Maximum Catastrophe Hard Stop Loss GAP:6613
Global Maximum Catastrophe Trailing Stop:6613
Global Minimum Profit Target: 6613
Global Maximum Profit Target: 13226

Current Price as at September 03,2022:19788

Bitcoin could drop by a further $6613 to a low of $13,175 within a few weeks if we break the current support level at $17575.
$13175 is a dangerous level since many bulls will give up and sell Bitcoin.

RISK WARNING!

There is a substantial risk of loss in futures and Forex trading. Online trading of stocks and options is extremely risky. Assume you will lose money. Don’t trade with money you cannot afford to lose.

The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security.
To the extent that this material discusses general market activity, industry or sector trends, or other broad-based economic or political conditions, it should not be construed as research or investment advice.
To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by Global Accountancy Institute, Inc. or Global Financial Engineering, Inc. to buy, sell or hold such investments.
This material does not and is not intended to take into account the particular financial conditions, investment objectives, or requirements of individual customers.
Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

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The History of Global Accountancy Institute,Inc.

Founded in 2016 by Dr. Glen Brown, Global Accountancy Institute started as a tuition provider for the following Professional Accountancy Qualifications:
• Association of Chartered Certified Accountants(ACCA)
• Foundations in Accountancy(FIA)
• Certified Accounting Technician(CAT)
• Certified Public Accountant (CPA)
• Certified Management Accountant(CMA)
• Chartered Institute of Management Accountants(CIMA)
• Certified Internal Auditor(CIA)
• Chartered Financial Analyst® (CFA)

In 2019 Dr. Glen Brown redefined Accountancy and bridges Accountancy, Finance, Investments, Trading and Technology together in order for Global Accountancy Institute to become a Global Multi-Asset Class Proprietary Trading Firm.
This allow the institute to convert all its intellectual capital into practical applications in the various industries.
We utilize our own capital to engaged in securities, futures, options and commodities trading in the global financial markets. We are a dynamic company. We are forward looking and quickly let go of past successes and failures.

Global Accountancy Institute brings a scientific approach to trading the global financial markets. We operate within sophisticated virtual computing environments that puts our financial engineers at the forefront of innovation in the world of algorithmic trading.

We are accountants, economists, mathematicians, computer scientists, statisticians, physicists and financial engineers. We research and develop automated trading algorithms using advanced machine learning techniques including but not limited to Regression, Classification, Clustering, Dimensionality Reduction, Ensemble Methods, Neural Nets and Deep Learning, Transfer Learning, Reinforcement Learning, Natural Language Processing, and Word Embeddings.
We have just completed the Global Algorithmic Trading Software(GATS) and have since created Global Professional Proprietary Trading Course for our internal Prop. Traders.

The Global Algorithmic Trading Software(GATS)  help us to make better investment decisions.

We believe the Global Algorithmic Trading Software(GATS) and the Global Professional Proprietary Trading Course can us avoid the negative consequences of retirement.
Many Finance professionals go home at age 65 to die. I have retired into something great. Yes, I have retired into my own Proprietary Trading Firm and continue to build wealth.
“According to Dan Sullivan: “Retirement is a GPS signal for death to come and find you. It’s important to always be engaged with an interesting future.” You can retire from an activity but never retire from life.

Global Accountancy Institute Technical Trade Analysis for LSB Industries, Inc. (LXU)
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Global Accountancy Institute Technical Trade Analysis for LSB Industries, Inc. (LXU)

LSB Industries, Inc. (LXU) engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer and fertilizer blends for corn and other crops, and NPK fertilizer blends applications. It also offers high purity and commercial grade ammonia, high purity ammonium nitrate, sulfuric acids, mixed nitrating acids, carbon dioxide, and diesel exhaust fluids, as well as concentrated, and blended and regular nitric acids for various applications, including semi-conductor and polyurethane intermediates; pulp and paper, alum, water treatment, metals, and vanadium processing; power plant emissions abatement, water treatment, refrigerants, and metals processing; exhaust stream additive, and horticulture/greenhouse applications; and refrigeration. In addition, the company provides industrial grade ammonium nitrate, ammonium nitrate, and HDAN solutions for ammonium nitrate fuel oil and specialty emulsions for mining, surface mining, quarries, and construction applications. It sells its products through distributors, as well as directly to end customers in the United States, Mexico, and Canada. The company serves to the agricultural, industrial, and mining markets. LSB Industries, Inc. was founded in 1968 and is headquartered in Oklahoma City, Oklahoma.( Yahoo Finance)

Our Global Algorithmic Trading Software (GATS) System#6 indicates the following for LSB Industries, Inc. (LXU) as at March 21,2022:
The LSB Industries, Inc. (LXU) Long Term Trend (LTT) is currently Bullish
The LSB Industries, Inc. (LXU) Medium Term Trend (MTT) is currently Bullish
The LSB Industries, Inc. (LXU) Short Term Trend (STT) is currently Bullish
The LSB Industries, Inc. (LXU) Micro Trend (MT) is currently Bullish

We are Bullish on LSB Industries, Inc. (LXU) with previous trade entry signal as follows:

Current Price for LSB Industries, Inc. (LXU):$22.98
Global Entry Signal for LSB Industries, Inc. (LXU) : Buy at $5.86
Global Trailing Stop Distance for LSB Industries, Inc. (LXU): $17.27
Global Target Profit for LSB Industries, Inc. (LXU): $46.11

Global Accountancy Institute Technical Trade Analysis for LSB Industries, Inc. (LXU)

Global Accountancy Institute Technical Trade Analysis for LSB Industries, Inc. (LXU)

 

 

 

 

 

 

 

 

 

 

 

Trade at your own risk!. This is not an investment advice!

Global Accountancy institute Team up with How To Trade to provide 5 Star Trading Education

Further Risk Warning:

Stocks, Futures and Forex Trading involves a substantial risk of loss and is not appropriate for all investors. Past performance is not indicative of future performance.

There is a substantial risk of loss in futures and Forex trading. Online trading of stocks and options is extremely risky. Assume you will lose money. Don’t trade with money you cannot afford to lose.

The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security.
To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice.
To the extent that it includes references to specific securities, commodities , currencies, or other instruments, those references do not constitute a recommendation by Global Accountancy Institute,Inc. or Global Financial Engineering,Inc. to buy, sell or hold such investments.
This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

The reader is cautioned not to rely on any information provided in this post for making decisions about trading any security. Please refer
to Risk Disclaimer at https://www.globalaccountancyinstitute.com/trading-risk-disclaimer/

 

 

Meta tidal wave and the tsunami cometh.
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Meta tidal wave and the tsunami cometh.

Facebook parent Meta misses earnings estimates and the stock (Meta Platforms, Inc.($FB)) plunges by over 20% Pre-Market.

At the time of writing, the stock price decline from the closing price of $323 to $257. This represent a decline of over 20%.

During the week of August 29, 2021, the Stock traded to a high of $383.70 then break its Support Zone at $340.38.

This was the first warning sign according to the Global Algorithmic Trading Software (GATS: System#5.

The second warning sign occurs during the week of October 24, 2021 when it traded below its 25WEMA(25 Weeks EMA).

The final exit signal was given when the stock price traded below $332.95 (383.70 -3(16.9140)).

We are still bullish on Meta Platforms, Inc.($FB). However we will only attempt a bullish breakout trade above $353.56

Our Global Algorithmic Trading Software (GATS) System#5 indicates the following for Meta Platforms, Inc.($FB) as at February 3,2022:

The Long Term Trend (LTT) is currently Bullish
The Medium Term Trend (MTT) is currently Bearish
The Short Term Trend (STT) is currently Bearish
The Micro Trend (MT) is currently Bearish

Trade at your own risk!. This is not an investment advice!

RISK WARNING!

There is a substantial risk of loss in futures and Forex trading. Online trading of stocks and options is extremely risky. Assume you will lose money. Don’t trade with money you cannot afford to lose.

The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security.
To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice.
To the extent that it includes references to specific securities, commodities , currencies, or other instruments, those references do not constitute a recommendation by Global Accountancy Institute,Inc. or Global Financial Engineering,Inc. to buy, sell or hold such investments.
This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

 

 

 

A Top Down Approach in analyzing $BTC as at December 5,2021
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A Top Down Approach in analyzing $BTC as at December 5,2021

Bitcoin is the world’s most-traded cryptocurrency which represents a massive share of the cryptocurrency market. It was the first cryptocurrency that was introduced to the public and has therefore the most developed infrastructure. It is often considered to be a trendsetter in the cryptocurrency world. Bitcoin essentially created an alternative asset class and can be used in portfolio hedging strategies especially during the turbulent markets. (Source: Trading View)

Assuming that the Monthly Chart represents the long term trend. I would treat the pullback from 68911.54 as a correction and not a change of trend which is bullish since the current price of 48862 is above the 8EMA

Let us now step down to the Weekly Chart:
Assuming that this represents the Medium Term Trend the aggressive bounce from my Weekly Forward Line at 41852.31 is a very bullish sign if we close the week above 50927. In light of this I am still treating this as a normal correction

If we use the Daily Chart to represent Short Term Trend, We can treat the break from 58594 as a bearish signal targeting the Monthly Support 2 at 44163. The $BTC bears would have achieved this target.

Bitcoin’s slump to low of  $42,391 on some brokers platform meant that it had tumbled over 25% peak to trough on a 24-hour basis.

The big question is: Will the demand exceed supply  at this level to push price above previous high… Only time will tell..

————

Trading Risk Disclaimer

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Futures trading involves the potential for substantial risk of loss as well as substantial gains, and is not suitable for every investor. The highly leveraged nature of futures trading means that small market movements will have a great impact on your trading account and this can work against you, leading to large losses or can work for you, leading to large gains. If the market moves against you, you may sustain a total loss greater than the amount you deposited into your account.

You are responsible for all the risks and financial resources you use and for the chosen trading system. You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor. All trading strategies are used at your own risk. It is your responsibility to confirm and decide which trades to make. Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations.

U.S. Government Required Disclaimer – Commodity Futures Trading Commission. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Global Accountancy Institute Weekly Trades Analysis for Clear Secure, Inc.(YOU)
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Global Accountancy Institute Weekly Trades Analysis for Clear Secure, Inc.(YOU)

Clear Secure, Inc. focuses on operating as a holding company for Alclear Holdings LLC that provides a member-centric secure identity platform using biometric data in the United States. The company’s secure identity platform uses biometrics to automate the identity verification process through CLEAR lanes in airports. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking; and robust, secure, and scalable back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable and fast experiences through entry lanes in airport security checkpoints across the nation, as well as a broader network; CLEAR app, a consumer-facing digital product that facilitates new user enrollment and member engagement from their mobile device; and CLEAR Pass for CBP Mobile Passport Control, a mobile app that enables digital submission of U.S. Customs and Border Protection forms and U.S. entry through the mobile passport control lane. Clear Secure, Inc. was incorporated in 2021 and is headquartered in New York, New York.
(Source: Yahoo Finance)

Our Global Algorithmic Trading Software (GATS) #5 indicates the following for Clear Secure, Inc. (YOU)

The Long Term Trend (LTT) is currently Bullish
The Medium Term Trend (MTT) is currently Bullish
The Short Term Trend (STT) is currently Bullish
The Micro Trend (MT) is currently Bullish

Clear Secure, Inc.(YOU) Valuation Measures

Market Cap (intraday): 3.73B
Enterprise Value: 108.52M
Trailing P/E: 11.93
Forward P/E: N/A
PEG Ratio (5 yr expected): N/A
Price/Sales (ttm): 16.95
Price/Book (mrq): N/A
Enterprise Value/Revenue: 0.49
Enterprise Value/EBITDA: 3.67

Lux Trading Firm

We are bullish on Clear Secure, Inc.(YOU) in the short, medium and long term. Hence we will attempt a bullish trade based on the current short-term, medium-term and long-term bullish signal with potential trade entry signal as follows:

Global Potential Trade Entry Signal #1 : $41.35
Global Minimum Catastrophe Hard Stop Loss GAP: $15.75
Global Maximum Catastrophe Hard Stop Loss GAP: N/A
Global Minimum Catastrophe Trailing Stop: $41.34
Global Maximum Catastrophe Trailing Stop: N/A
Global Minimum Profit Target: $198.85
Global Maximum Profit Target: $398

Global Accountancy Institute use machine-learning, applied mathematics, and techniques from modern statistics to develop and refine models of the financial markets and to develop trading algorithms based on those models.

RISK WARNING!

There is a substantial risk of loss in futures and Forex trading. Online trading of stocks and options is extremely risky. Assume you will lose money. Don’t trade with money you cannot afford to lose.

The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security.
To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice.
To the extent that it includes references to specific securities, commodities , currencies, or other instruments, those references do not constitute a recommendation by Global Accountancy Institute,Inc. or Global Financial Engineering,Inc. to buy, sell or hold such investments.
This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers.
Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Global Accountancy Institute Weekly Trades Analysis for The Home Depot, Inc. (HD)
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Global Accountancy Institute Weekly Trades Analysis for The Home Depot, Inc. (HD)

The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, building materials, lawn and garden products, and décor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers. The company also offers installation programs that include flooring, cabinets and cabinet makeovers, countertops, furnaces and central air systems, and windows; and professional installation in various categories sold through its stores and in-home sales programs, as well as acts as a general contractor to provide installation services to its do-it-for-me customers through third-party installers. In addition, it provides tool and equipment rental services.

The company primarily serves homeowners; and professional renovators/remodelers, general contractors, handymen, property managers, building service contractors, and specialty tradesmen, such as electricians, plumbers, and painters. It also sells its products online. As of January 31, 2021, the company operated 2,296 retail stores in the United States, including the Commonwealth of Puerto Rico, and the territories of the U.S. Virgin Islands and Guam; Canada; and Mexico. The Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia.(Source: Yahoo Finance)

Our Global Algorithmic Trading Software (GATS) #5 indicates the following for The Home Depot, Inc. (HD)

*The Long Term Trend (LTT) is currently Bullish
*The Medium Term Trend (MTT) is currently Bullish
*The Short Term Trend (STT) is currently Bullish
*The Micro Trend (MT) is currently Bullish

The Home Depot, Inc. (HD) Valuation Measures

*Market Cap (intraday): 349.36B
*Enterprise Value: 383.44B
*Trailing P/E: 23.95
*Forward P/E: 22.02
*PEG Ratio (5 yr expected): 2.15
*Price/Sales (ttm): 2.47
*Price/Book (mrq): 200.23
*Enterprise Value/Revenue: 2.71
*Enterprise Value/EBITDA: 15.36

We are bullish on The Home Depot, Inc. (HD) in the short, medium and long term. Hence we will attempt a bullish trade based on the current short-term, medium-term and long-term bullish signal with potential trade entry signal as follows:

*Global Potential Trade Entry Signal #1 : $238.00
*Global Minimum Catastrophe Hard Stop Loss GAP: $24.24
*Global Maximum Catastrophe Hard Stop Loss GAP: $42.56
*Global Minimum Catastrophe Trailing Stop: $303.76
*Global Maximum Catastrophe Trailing Stop: $285.44
*Global Minimum Profit Target: $570.4
*Global Maximum Profit Target: $663.6

Global Accountancy Institute use machine-learning, applied mathematics, and techniques from modern statistics to develop and refine models of the financial markets and to develop trading algorithms based on those models.

RISK WARNING!

There is a substantial risk of loss in futures and Forex trading. Online trading of stocks and options is extremely risky. Assume you will lose money. Don’t trade with money you cannot afford to lose.

The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security.
To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice.
To the extent that it includes references to specific securities, commodities , currencies, or other instruments, those references do not constitute a recommendation by Global Accountancy Institute,Inc. or Global Financial Engineering,Inc. to buy, sell or hold such investments.
This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers.
Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.