Assad Tannnous (@asennwealthh) 's Twitter Profile
Assad Tannnous

@asennwealthh

Head trader at Asenna Capital. Disclosure: asenna.com.au/disclaimer

ID: 577921387

calendar_today12-05-2012 09:58:02

125 Tweet

158 Followers

2,2K Following

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The next US election is going to be a total shitshow. The tension is already building and we might even see pockets of lawlessness inside the country, especially if Trump wins. You can just feel it.

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Had a list of U names that hadn't moved and that $DEV contraction was top of the list. On last night's U move I knew if I bought everything on the open it would trigger buying alerts.

Had a list of U names that hadn't moved and that $DEV contraction was top of the list. On last night's U move I knew if I bought everything on the open it would trigger buying alerts.
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There's so much supply on the downtrending Li names that any positive news is getting sold into which tells me that even after they TL reverse they need time base inorder to flush out that supply. Point is theres no rush to buy.

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$CXU a great example of how supply initially caps the move as it first comes out of the base and then once that supply clears the move starts to accelerate. Point is you need to give it time to clear that selling pressure.

$CXU a great example of how supply initially caps the move as it first comes out of the base and then once that supply clears the move starts to accelerate. Point is you need to give it time to clear that selling pressure.
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Picked up some $JBY in the IPO. So what you do now is tighten the trailer. I use what I call countback lines meaning the stop is a move below yesterdays low, if it goes even more parabolic I move the stop to the days open and more often than not you catch the reversal bar. You

Picked up some $JBY in the IPO. 

So what you do now is tighten the trailer. I use what I call countback lines meaning the stop is a move below yesterdays low, if it goes even more parabolic I move the stop to the days open and more often than not you catch the reversal bar. You
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I was away from the screens for so long I lost my touch. Every week I feel like I'm getting better. I don't care what anyone says if there's no confidence and conviction you're going to trade like a chump. It's all coming back now, those little tells that make the world of

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One time in Athens I was eating well and training everyday and I put on 10kgs in a month and couldnt work out why only to realise the 2 daily ice coffee slushies I was smasking for breakfast had 50% sugar. I think they're called Fredichinnos, they're farkin evil but I do miss

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I'm in Southern European driving mode where everyone tends to gives way to the more aggressive driver and now that I'm back driving in Oz all I'm getting is FU horns. 🤣

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Here's another example of price leading news. $VMM rallied 60% and today they announce commencement of drilling which is pretty significant on this narrative and it does nothing bc it's already discounted.

Here's another example of price leading news. $VMM rallied 60% and today they announce commencement of drilling which is pretty significant on this narrative and it does nothing bc it's already discounted.
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For entertainment purposes and if you're a true footy fan outside GWS and Brissy fans everyone should be rooting for a Carlton v Collingwood GF. Go Pies!

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$SPX trying to bounce on channel.suppirt. All eyes on T yeilds. Even if we do bounce medium term trend is still down. I still can't believe how controlled this sell of has been in this macro.

$SPX trying to bounce on channel.suppirt.  All eyes on T yeilds. Even if we do bounce medium term trend is still down. I still can't believe how controlled this sell of has been in this macro.
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Guess who just scored a last-minute corporate box ticket to the Grand Final. I couldn't possibly be any happier right now. 😂

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Lastnight I was planning on watching the game in hospital with my brother and now I'm in a box at the G. I still can't believe this is happening, pinching myself. GO PIES! 💪

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Went to the polling booth today for a snag and it was packed, a dozen odd people handing out pamphlets but no BBQ. How could you even consider changing the constitution without a BBQ. This is no longer the Australia I grew up in, I'm very disappointed.

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$BTC broke up into the backtest and nothing followed. On that tell alone it was always going to fake out. Lets see if range support holds now. Fake outs after a major TL breach is how medium term uptrends tend to end.

$BTC broke up into the backtest and nothing followed. On that tell alone it was always going to fake out. Lets see if range support holds now. Fake outs after a major TL breach is how medium term uptrends tend to end.