how to daytrade spy using the 5 minute candle. When spy gapped down , it made a full bullish 5 minute candle. So , based on thatt i made a decision to go long with stop three quarter down the first 5 min and will keep adjusting my stops. This is intraday , so once goes in my direction, want to get maximum reward with good risk management.
Entry details are shown on the chart. We are working the 15M time frame on this strategy. We're only looking for the green line which is take profit target. Small red arrow is entry point and purple line is stop loss. Trade history can be seen below this trade idea too for full transparency. Previous trades shown on chart. Fast paced strategy this one with...
Haven't posted an analysis in months... but posting this to prove that I am still in the game. Anticipating 0.73620 for Australian Dollar, and than seeing a more meaningful continuation lower into 0.73250. Good luck!
Hey traders, here's trade I took today: I took a short on BTC after price reached up to tap the bearish orderblock I had spotted again and confirmed the shift in structure to a downtrend, then I entered om tje 0.705 retrace and aimed for the -1 and took profits at the equilibrium and the bullish orderblock at 40400. Like and follow for more!
BTC continue to move down as we expected previously. There is still no buyers to continue the uptrend. Nobody wants to buy high. Reasonable. So the idea is that BTC should correct till 34000 - 32000 soon. Technically, we can see a strong level at 37300 on 4H and 1D Fibo. Manage your short positions carefully. Always remember that forecast is nothing...
Please tell me your opinions on this one. I believe it can be right due to a number of factors.
I'm responding to a few on how to survive and make some gains in wild markets (note the brutal disclaimer at the end). The DJI has been pretty wild so, I use it as an example. Figures shown here are not my own. I only use the figures to explain why it doesn't matter how you make your profits. HFT's will do similar things, so why can you not? Well, I show the...
ES Mini is down but trying to recover. A lot of concern on the horizon for the markets. I would see how the futures process the word "tapering" from Fed Chair Jerome Powell. Summer months are typically relaxed trading months but this summer could be much different if inflation turns out not to be transitory. Stagflation is the biggest fear for the market and...
The USD weakeness is being picked up by out script. EURUSD long is now in full swing. Entry details are shown on the chart. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated...
Reason on Sell as mentioned. I am a day trader as such i react to market movement. Lets learn, Like and Share.
Taking Buy position on EURJPY. Reason as mentioned. I am a day trader as such I react to the market movement. Lets learn, like and share. Comment if you agree or disagree with the analysis. #EURJPY
Thank you for your likes and comments! Really appreciated! This is an idea about Copper price, not a financial advice. ___________________________________________________________________________________________________ The HG1! Copper Futures have been continuously rising... almost a year. We realized that summer is coming and that this market have been beating...
EURUSD on H1 might go for bullish with good risk to reward ratio. Reason of taking a Buy as mentioned. #DayTrader #EURUSD
HEAD AND SHOLDERS PATTERN IS FORMING. LOOK FOR AN OPPORTUNITY TO GO SHORT. ITS CLEAR. GIVE ME A LIKE. THANK ME LATER
taking into account the fact that USD is currently weak and that the pair still has momentum, it is still on the rise .... I think that GBPUSD can go up then we check to see if the price rejects. NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
it seems that at the moment EUR is strong and at this pair I expect it to continue its climb because if you look at the 4H chart you will see that the price has broken & retested.
If the price will break and close above resistance 0.71800 the I think we have a very good opportunity for buy. we need to wait for confirmation.