12/3/19 - Closest zone entered and first order triggered. Once price moves below the higher low I will move my stop to break even. Set up will not be changed after that, but will close out by Friday if target is not reached. First Entry Stop: 1489.2 Entry: 1485.9 Target 1: 1477.4 (R:R=4.56) Second Entry Stop: 1496.8 Entry: 1493.2 Target 1: 1477.4 (R:R=5.89)
Looking for re-entry on previously tested supply zone. Since it's been previously tested I've set an activation rule at 1.11130, so I will enter the trade as I leave the zone. Conservative target and a runaway target farther out because closer demand was completely blown through before price turned in its favor. Entry: 1.11100 (Activation @ 1.11130) Stop:...
Crude oil went in my favor from my previous post. Looks like we are shaping up with an opportunity to go long again at demand below. I've got 2 levels I'm interested in. I think Crude might stay with in the 58.73-53.60 range for the next two weeks. Taking both of these trades with activation orders at the dotted lines, so if news accelerates price below demand I...
I had this same trade in back on the 19th and missed my entry by 4 ticks. Now the profit zone is much smaller, but I still have confidence in the zone because of the strength leaving the zone, location, and structure on the 1 hour. There is a deep retest and the profit potential is small, so I will be using an activation rule at 1444.8. Entry: 1445.8 Stop:...
Dear fellow readers! First of all, thank you very much for reading and liking my past two articles, I’m overwhelmed. The chart presented above represents my complete past with the Digitex Futures Token (DGTX). I'm not a professional market analyst nor am I a professional trader and this shall definitely not be of any financial advice. Do your own research and...
Our B.I.T.S (Breakout Intelligent Trading Signals) Indicator for TradingView has spotted a potential short breakout on Bitcoin Futures!! The highlighted section on the chart shows the recent successful short breakout trade from our B.I.T.S Indicator for Bitcoin Futures on this 1 Hour time frame. Our algorithm looks at price action, volume and associates a...
Picked out 2 quality zones to short on Gold. Both are in a HTF supply zone and would be a continuation of the current downtrend into HTF Demand. I've set 2 targets for both zones. The first zone will have an activation rule about halfway through the zone. If price moves in my favor after hitting the activation price, the trade will trigger as it leaves the zone....
Stop 58.87 Entry 58.68 Target 57.31 Curve: Middle Trend: Down Supply Zone: 4h Looking for quick profits here. Move stop up to break even after a 3:1 is accomplished. No trailing stop.
Recently, the price of BTC experienced an array of impulces, along with the low of the month. Managed to take an advantage of the latest price movement with the short trade afterthe strong level rebound ($9100). Opened short at the confirmation movement and closed at the price consolidation. Overall, 250 points gain. At the chart there are the major price...
Quick one for this morning, please comment your thoughts (opposing or agreeing as happy to read peoples thoughts on my analysis) Dollar should be at the forefront of analysis when trading Dollar pairs. Why? Because Dollar is King. Following on with a tonne of breaks in daily structures on the likes of Cable and EUR/USD, we are likely to see some what of a...
Hi, Traders ! Monfex is on the air ! The S&P 500 set a new all-time high of 3,079 as of 4'Nov2019 having opened up with a gap above the key resistance level. * S&P 500 continues to set records as risk appetite of some traders and the overall confidence in stock market are both rising. * However, one should become really cautious of going Long at these...
Nikkei 225 Japanese Index has been rallying for a few weeks creating new strong weekly demand imbalances. Nikkei 225 index has unfortunately not retraced yet to any of these two strong weekly imbalances and continues to rally on its way to weekly supply imbalance around 23600. Nikkei 225 Japanese Index futures forecast. As per the weekly timeframe analysis,...
Here got a beatiful set up with a lot of possibilities for a super swing ,we got a break and close above the descending TL that lines up with that AT 38% fib and if we zoom in we got a nice bullish candle pattern and all this after the higher timeframes finished the 5th wave indicating a possible trend reverse that seems to be confirmed after a new weekly high was...
Market Cycle Analysis for Daily Chart to continues to show promising Bullish Momentum ahead.
A nice trade overnight based on the footprints the market had built. I'm looking for yesterdays weak high to be taken out and then see if the sellers can push back at that point. If not we are probably looking at all time highs again, but I would be cautious as we have not really done anything other than go back to the high of the value from September 4- End...
Using our Elliott Wave Indicator Suite for TradingView we have determined a high probability 5th wave Long on Gold Futures (GC1!) through 1504. Stop loss just below our Wave 4 pivot and our automated 5th wave target zone is showing a target price around 1536. This trade is good on the 1hr, 2hr and 4hr timeframes. Watch the video tour to learn more about our...
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