Black FridayUp to 80% OFF

Ideasdetrading

Three support levels and three types of rhythms for gold. On the night of the February non-farm payroll report, gold plummeted with a large volume decline, but on the night of the March non-farm payroll report, it saw the opposite, with gold continuing to rise significantly with a large volume increase. Entering March, gold maintained its overall sweeping upward momentum. However, last week, due to news on Tuesday, the price dropped sharply, experiencing an unexpected dip. After the dip, it bounced back, relying on the 1810 level to reclaim 1830, and then continued to push up above 1830, breaking through the high point of 1858 and rising further. Today, the price continued to rise and found its way to the 1894 area. With such a market situation, the focus is on defending the high and low points and its sustainability. This also verifies the range of 1890-1900 that I mentioned last week, which only came faster than expected, resulting in a gap around 1870 that needs our attention. From the trend perspective, gold relied on the four-hour lifeline to find its position on the four-hour trend line, as well as the point of the upward gap, which is also a back-tested support area at the 1872 level. Therefore, for gold in the future, we should pay attention to three support areas and look at three different market rhythms. Firstly, there is a strong upward trend with the four-hour purple trend line serving as a support at the early low point of 1872. The price holds onto the support and continues to climb, searching for resistance levels at 1890 and 1894, and seeking to break through the high point to find the next resistance range of 1907-1908. Secondly, there is a sweeping upward trend with the top and bottom conversion position at the 1858-1856 range, which is also the support point area determined by the last pullback in the closing moments of Friday. It is used as a basis to observe a relatively strong sweeping upward trend. Thirdly, there is an extremely sweeping and volatile upward trend with multiple supports stacked at the 1836-1833 range. This is quite awkward as the final result is still a rise, but it requires a dip before it can stand up. This is also the starting point of the rise after the non-farm data was announced, serving as the current long defense area. By clearly understanding the meaning of the corresponding positions, in the subsequent market situation, holding onto the support and maintaining the corresponding rhythm is essential. Currently, the price is primarily focusing on the first scenario, using the low point and the four-hour purple trend line at 1872 as support, with the idea of continuing to climb. Based on this strategy, a long position at 1874-1872 is recommended. The price has just pulled back to the entry point, and the long position should be held while observing the resistance level above. OANDA:XAUUSD COMEX:GC1! I will provide specific trading strategies during the trading session. It is recommended to subscribe for updates and pay attention. The recent market volatility has been significant, ↓↓↓with opportunities and risks coexisting. Managing risk is crucial to achieving returns.
FXOPEN:XAUUSDLong
by Ice_and_Fire1
How to resolve being trapped in gold position. Given that no matter what market conditions may be, there will always be friends who find themselves trapped in a position, here are several methods for unlocking these positions: Long-term unlocking: If an investor has a clear view of the big trend (such as a bullish market), and their position is trapped in a small trend (a dip in the market), they can first stop the loss and close out the position. Then, they can enter the market again at a lower price to earn the price difference and obtain the profit from the big trend while reducing the risk of being liquidated by the small trend. Short-term unlocking: If the investor's judgment of the market is completely wrong, they should close out the position promptly to avoid suffering greater losses from the continuing one-sided trend. The longer a short-term investor holds a position in a one-sided market, the greater the loss. Light position unlocking (also suitable for large fund investors): It means adding more long positions as the market falls, using idle funds to lower the average cost, and waiting for the price to rebound. The advantage is that as long as the operation is correct, unlocking is possible as soon as there is a rebound, regardless of how deeply the position is trapped. Swing unlocking: This method is suitable for being trapped in various market stages, especially in volatile markets. It relies on the fluctuation of stock prices to unlock the position by using the price difference between high and low prices. The idea is to buy low and sell high, gradually reduce the cost, and minimize losses. The advantage is that the operation techniques are diverse and flexible, and can be adapted to different situations. If operated correctly, the unlocking speed is fast. The disadvantage is that it requires a high demand for personal time, energy, and skills, and frequent operations have a certain cost pressure. It requires professional guidance from those who have time, energy, and technical knowledge. Tips for trading gold: 1.Entry point: The entry point is crucial. Although gold and crude oil trading involve two modes, long and short, there are actually four modes: low long, low short, high long, and high short. In a one-sided trend, all four modes are feasible. However, in a volatile market, it is essential to avoid low short and high long positions. These positions are akin to chasing rising and falling markets, which often leads to losses. 2.Stop loss: Before placing a trade, determine the stop loss price and ensure it is reasonable. Immediately input the stop loss price after placing the order. The purpose of stop loss is to limit losses. Only by limiting small losses can you preserve your capital. Sometimes you need to let go to gain something. Do not assume that if you lose this time, you cannot earn it back. Manage investment risks carefully. 3.Position sizing: How you allocate your funds affects your ability to tolerate risks. Oversized positions or full positions can lead to increased losses and psychological pressure. Often, you cannot analyze market trends carefully, which can result in mistakes. 4.Take profit: Many traders struggle to take profit, causing profitable trades to turn into losses. In a one-sided trend, the push stop-loss method can be used to increase profit margins. Taking profit requires personal consideration of exit points. Not every trade needs to yield thousands or millions of dollars. Sometimes, in a volatile market, a profit of a few hundred dollars can accumulate over time. 5.Mindset: This is the most critical point and one that every investor must master. When you enter the market, it is undeniable that everyone is here to make money. However, your mindset determines how far you will go on the investment journey. The goal is to prefer small gains over losses, not to think about making more or less profit. Opportunities require us to seek them out ourselves. The moment you read this article, you have already been given an opportunity. Everyone in life experiences setbacks and failures, but the difference lies in our mindset when faced with adversity. Some people always regard setbacks as failures, which can undermine the courage to succeed. In investing, the key is to be on the right path and have the right direction. "A calm sea never made a skilled sailor," and there is no stable market environment. The purpose of investing is to make money! A clear mind is more important than a clever mind in this market. A good habit is more practical than a skilled technique. Perseverance is long-lasting, and authenticity is eternal. This is true of anything we do. I hope my article can bring you benefits and smooth sailing on your investment journey. May my investment experience benefit investors, and with you and me, an ordinary person plus an ordinary person, may we have an extraordinary investment experience and insights. Be meticulous in life and ordinary in your work. May your investment journey be smooth sailing. If my article is helpful to you, please remember to like it. If you have other questions during your operations, you can follow my homepage↓↓↓ to conveniently get the information in the first time. FXOPEN:XAUUSD TVC:GOLD COMEX:GC1!
FXOPEN:XAUUSDEducation
by Ice_and_Fire1
1
Yemi_Fx1 | Short for AUDNZDPrice has been trading and moving in an ascending channel so far, currently it's approaching an area of value + the upper dynamic trendline of the channel. If the structure hold, AUDNZD will be experiencing a move downward. I'll be considering A Risk entry type at the top of the bearish structure at an area of value. Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag. Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Short
by OpeyemiOlaniyan
EKI Energy good for investmentFundamentals:- Company has reduced debt. Company is almost debt free. Company has delivered good profit growth of 358% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 171% Technicals- Near demand zone Accumlate near 1400-1500 or on breakout and closing above trendline. SL 1220, closing basis. Good for long term investment. Swing can be taken on trendline breakout. not a sebi registred advisor, for education only. Saptarish trading.
BSE:EKILong
by diliplp
There might have to ways for gold - personal analysis In the 1 hour frame I did noticed there is a triangle pattern in up trend which may indicate a possible of a down trend until it hit the strong support levels 1916, and it should go and hit 1929 and keeps going until it hits the level 1937. reminder this is to increase knowledge in trading and exchange opinions so pleas be aware and do your research before taking an action /put a trade order. personal analysis and not an advice. Please comment if you have any other ideas.
TVC:GOLDLong
by cn_s
2
EUR/USD Week Forecast 18-23 DecemberWeek Forecast 18-23 of December. As being close of the end of year we can expect less volatility, so the expectation is that the EURUSD will keep in the horizontal zone, giving opportunity to wait to reach support line in 1.05083 giving opportunity for a pullback to the horizontal zone and possible break up to 1.0800. Be aware of the breakdown zone in 1.04000 FX:EURUSD This is a Long Trade: BUY Entry Point: 1.05100 Take Profit in 1.07500 Stop Loss in 1.03600 RIS/Reward of 1.5
Long
by STIMINVESTING
2018 All over again!gonna be some nice opportunity's to make bank coming months, daily 100ma is gonna be tested before the year ends. Everyone screaming for lower, I think the bottom is in for now like I said before. Short: 23200 to 19200$, moving average lays here and if we follow my fractal it will be a perfect option for a 20% trade. 19200 will serve as a higher low, and imo the perfect place to open a long. At first use low leverage, you'll have enough time to compound all the way up to the 100ma. Its currently a little higher but it will come down some more, exact level will be visible soon. Then I'll close my longs @ 34k and fade the 100 daily ma, I'll keep you guys updated ;)
by ian_dehaas