ES UpdateI've been preparing for a relocation, so haven't been trading. Looks to me like RSI is gonna hit oversold probably tomorrow, then a Friday bounce.by hungry_hippo5
Gold potential resell zone at 71-76, buy zone at 35-40I´m giving a high chance for Gold to fall to 2335-40, then rejection upward again. If you decide to trade this plan, do not enter blindly on the entry lines. Entry lines are not a triggers for entering to the trade. It is a place where you should monitor the REACTIONS. If there is reaction, enter, if not wait till market will develop a pattern for entry-entries. If you are beginner, I´m always trying to update trades if-when entry conditions are met. Here or in our group. Wish you good luck. Shortby Rendon1Updated 8
XAUUSD: 2300+ PIPS Trade Idea in Making! Gold price rebound to 2365$ area before started to drop again, price reverse from a solid imbalance zone where price rejected strongly. After carefully, looking at the price behaviour it is likely to have a strong drop on gold prices in coming days. We expect price to continue dropping down until it reaches 2280 region where a strong reversal/rebound can be expected. So good luck and trade safe. **if you like our ideas then please do like,comment and follow for more.**Longby Setupsfx_181854
XAU USD Strong Bull ComingXAUUSD this is my Analysis I believe in my analysis You see and Boom market Is coming Big Rally 2480-2500 In Coming days by hamihayat228
BRENT OIL SELL , A GOOD WAVE LONG TERM SELL SET UP Wave inside another wave. a correction after the retest impulse is a great entry for a long term sell Shortby simbakanda1
Natural Gas Money Heist Plan on Bearish SideMy Dear Robbers / Traders, This is our master plan to Heist Natural Gas based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.Shortby Thief_TraderUpdated 3
XAUUSD AGAIN 2400?XAUUSD Again 2450 Looking But We need price again hit the demand area 2315 - 2310 Longby Kashif_chaudhary0
NQ - trading session no.144:00pm - 5:00pm - good session today! - no bad trades (I think) +2 RRby GRBmlr1
Silver's Rebound RoadmapGold (June) / Silver (July) Gold, yesterday’s close: Settled at 2356.5, up 22.0 Silver, yesterday’s close: Settled at 32.137, up 1.638 Gold and Silver futures had a phenomenal start to the week but that momentum is stalling amid softness in the risk environment, U.S. Dollar strength, and a surge in yields. As I spoke in my evening video, I wanted Silver to get above $33 last night and set a new swing high; implying otherwise would be concerning. Here we are now, and what matters as today unfolds is the aforementioned outside market narratives and a constructive repose to support. Silver traveled the furthest to start the week and is clearly the local leader; it must hold out above the shelf created amid yesterday’s early whipsaw, now our first wave of major three-star support at 31.59-31.67. Bias: Bullish/Neutral Resistance: 2349-2350.5**, 2356.5***, 2363.7-2365.8**, 2372.2-2375***, 2385.3-2390.2*** Pivot: 2345.9 Support: 2339.2-2341.2**, 2333.8-2335.5**, 2322.5-2325.1***, 2304.6-1212.9*** Silver (July) Resistance: 32.41-32.55***, 32.72-32.75***, 34.12*** Pivot: 32.05-32.19 Support: 31.89**, 31.59-31.67***, 31.37-31.42***, 31.10-31.15***, 30.83-30.92**, 30.50-30.56***, 30.19-30.27**** *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.by Blue_Line_Futures0
Learn What is Inducement and Trap in Smart Money Concepts SMC Smart Money Concepts can be applied for the identification of trend reversal in Forex and Gold trading. In this article, we will discuss what is an inducement and a trap in SMC . And how to apply them to spot an accurate trading signal. We will study the important theory and go through real market examples on XAUUSD chart. Imagine that there is a strong historical resistance on a price chart. Because the price reacted to that strongly in the past, many sellers will place selling orders on that in future, anticipating a similar reaction. Placing short trades, their stop losses will lie above the resistance. In case of a bullish violation of the underlined resistance, sellers will be stopped out from their short trades and close their positions in loss . After the violation of a resistance, according to the rules, it should turn into support . Many traders will place their buy orders there, anticipating a bullish continuation. Bearish violation of such a support will stop out the buyers as well. Such a price action will be called an inducement and a bullish trap. With that, smart money grab the liquidity both from the buyers and from the sellers. After that, with a high probability, the market will drop . For example, Bullish violation of an all-time-high on Gold can easily be a bullish trap. To confirm that, the price should simply break and close below a broken horizontal resistance. That will confirm a local bearish reversal. With a bullish trap and inducement, smart money are quietly placing HUGE SELLING ORDERS , making the retail traders close short trades in loss (buy their positions) and buy from the broken structure, providing them the liquidity. The ability to recognize the traps will let you understand real intentions of smart money and trade with them. ❤️Please, support my work with like, thank you!❤️ Educationby VasilyTrader2210
Gold and silver - out of synchGold was lower first thing this morning, and had given back most of its gains from Monday and Tuesday. It appeared to have found decent support this week following last week’s aggressive sell-off which saw the metal slump from a record high of $2,450 last Monday to $2,325 by Friday morning. But it still remains some way below $2,400, and even further away from the record high of $2,450 hit just over a week ago. This may concern some gold bulls, particularly as the MACD on the daily chart has turned down again, indicating that the momentum is currently to the downside. Silver was a touch weaker first thing, but it made up lost ground and was effectively unchanged at the time of writing. In contrast to gold, silver has been on a roll since Friday. Prices have rallied despite a daily MACD which continues to hover around ‘overbought’ levels. Could this be a prelude to a dip which would help reset the MACD and bring silver in line with gold, or will gold catch up to silver? Most likely, silver and gold will continue to do their own thing and thereby provide the most amount of confusion to the largest number of traders.by TylerNorcross0
Crude Oil, Not Out of the Woods YetThe chart above references continuous (front-month) Crude Oil, below we are discussing the July contract. Crude Oil (July) Yesterday’s close: Settled 79.83, up 2.11 WTI Crude Oil futures cleared the psychological $80 mark, but can it settle above? A major catalyst to start the week was strong travel demand data from the U.S. over the Memorial Day weekend and from China of late. We also believe geopolitical tailwinds are more relevant than headlines may give credit at the moment. Ultimately, weakness last week came on the heels of the White House announcing a release of Gasoline reserves ahead of the weekend and this was quickly shaken off and further helped create a technical bottom at a critical area of support we have been highlighting. Still, price action is not in the clear, and we find it a good time to monetize some of this move at least if you’ve been able to capitalize as it is testing major three-star resistance at 81.15-81.28, aligning a gap with the 50% retracement back to the April 12th high. Additionally, the 50-day moving average comes in at 80.84. Bias: Bullish/Neutral Resistance: 81.15-81.28***, 82.03-82.34*** Pivot: 79.97-80.11*** Support: 79.46-79.61**, 79.01-79.05*, 78.66-78.78***, 77.72-78.05*** *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.by Blue_Line_Futures0
US-OIL - LONG Technical Trade Summary Entry = 79.406 Target 1= 82.283 Target 2 = 85.000 Risk : Reward= 2.33 Follow and Boost and my ideas!!! Let's grow together. Longby ForeignCapital_fx111
NQ Line In the SandE-mini S&P (June) / E-mini NQ (June) S&P, yesterday’s close: Settled at 5324.75, up 3.25 NQ, yesterday’s close: Settled at 18,940.50, 64.50 E-mini S&P and E-mini NQ futures are on their backfoot ahead of the opening bell. As I mentioned in my evening video last night, breadth is at the front of my mind as it has been deteriorating significantly. Without NVDA these two major indices would have already eroded much more. Look no further than the E-mini Dow, which has no true NVDA exposure, trading more than 3.5% from its local high last Tuesday. Yields are another concern, as the U.S. 10-year is now above 4.5%, the highest since the Friday May 3rd Nonfarm Payroll report. Also, according to the CME Group’s FedWatch Tool, the odds of more than one rate cut this year have dropped to 35.9% from 49.5% one week ago. Although we are cautious, and I popped on the CNBC Halftime Report to update viewers with a hedge position on Friday, the trend is undoubtedly still bullish. Therefore, we will continue to hold a slight Bullish Bias as detailed below. However, we are watching yesterday’s intraday low in the E-mini S&P of 5296.75 very closely, and continued action below here will likely encourage added selling. If this is the case, a break below last week’s low and, furthermore, major three-star support at 5260-5264 will Neutralize this Bias in the near-term. Additionally, last Thursday’s settlement in the E-mini NQ, the big reversal day post-NVDA earnings, was 18,696.25 and aligns with the previous record high on March 8th and March 21st as major three-star support. We view a violation and close below here, as well as rare major four-star support at 18,620-18,635, as a negative and clear break of the bullish trend. Bias: Neutral/Bullish Resistance: 5304.50-5309.75***, 5316-5317.25**, 5324.75-5326***, 5329.25-5331.25*** Pivot: 5296.75 Support: 5285.25-5289.75***, 5273.50-5275**, 5260-5264***, 5241.50**, 5213.50-5216.75***, 5202.25-5204.25*** NQ (June) Resistance: 18,919-18,946***, 18,977-18,982***, 19,023*, 19,085***, 19,319*** Pivot: 18,819-18,839 Support: 18,775-18,787*, 18,732-18,750**, 18,684-18,709***, 18,620-18,635****, 18,545-18,547**, 18,415-18,485***, 18,336.25-18,348**, 18,266,25-18,293*** Micro Bitcoin (May) Yesterday’s close: Settled at 68,455, down 1,020 Bias: Neutral/Bullish Resistance: 68,930-69,575***, 70,280-70,435**, 70,840-71,000***, 72,340-72,570 Pivot: 68,250 Support: 67,100-67,585**, 66,280-66,535****, 65,445**, 64,622-64,865***, 61,835-62,801*** *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.by Blue_Line_Futures0
CRUDE OIL (WTI): Is That a Bull Trap?! Crude Oil may drop after a potential bullish trap: we see a bullish inducement and a violation of a key horizontal resistance, followed by a strong bearish imbalance. I think that the market may drop at least to 78.8 level. ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader1114
downtrend for golddear all my wolfy traders : I see a down trend for Gold its true unless price breaks red area with price : 2437.189 so I prefer to trade it short. be aware of the small waves that may cause loss for you so try to find good areas to enter. respectly ask any question if you have.Shortby armindehghaniUpdated 2
BANKNIFTYBANKNIFTY closed below va 1. gapup 48700 long till 49000 2.48700-48400 trade reversal 3. gapdown 48400 shortby subhankarsahoo0
PUT Spread on /ES Neutral to Long strategy58 days out, Jul 26th 90% chance to win on this trade without needing to adjust -4690 +4640 PUT side $100 premium, $13 in fees, $697 capital allocated 12.4% Will close around 50-70% Next time doing one of these will aim for at least $100 post fees.by leongaban0
NIFTYNIFTY closed below va 1. gapup 22875 long till 22925 2. 22825-22730 trade reversal 3. gapdown 22730 short till 22650by subhankarsahoo1
Mapping gold Good morning everyone, After reaching out and touching the diagonal resistance, the bulls seem to have stepped off the gas and are waiting for stronger supports. I see a multiple landing zones where buying opportunities are viable with the right set up and stop loss. I believe the price will make its way back to the long term horizontal resistance and gather support closer to 2100 in the future. As of right now I have sold and I’m patiently waiting for the bears to take their pound of flesh. TP zones, 2313 and 2296 If we break through 2280 I’ll likely jump back in short after it retests ~2300. Be patient Shortby ImminentDanger1
Mapping gold Good morning everyone, After reaching out and touching the diagonal resistance, the bulls seem to have stepped off the gas and are waiting for stronger supports. I see a multiple landing zones where buying opportunities are viable with the right set up and stop loss. I believe the price will make its way back to the long term horizontal resistance and gather support closer to 2100 in the future. As of right now I have sold and I’m patiently waiting for the bears to take their pound of flesh. TP zones, 2313 and 2296 If we break through 2280 I’ll likely jump back in short after it retests ~2300. Be patient Shortby ImminentDanger0
XAUUSD - SELL TRADE IDEAI'm looking to sell Gold for 350 pips. Overall, price is in a clear uptrend however I feel price is currently making a correction; I feel price can drop as low as 2292ish which is the Daily 38.2 Fib Level (Shallow Retracement) before resuming in Bullish momentum. For the past 9 days price has respected my micro down trend and currently price is respecting my 9 and 21 EMA. Today Gold has opened negative and the USD is strong which respects this sell idea. Looking to sell on the break and retest of 2332.250. However, if price breaks 2348, I'll buy for 150 pips. Shortby cgeraghty881