Get started

MORE

ONE OF TRADINGVIEW'S MOST POWERFUL TOOLS - And it's 100% freeThis tool will eliminate 50% of your bad trades INSTANTLY! Can you guess which one it is? RSI? Volume? Trend lines? Sexy rectangles? No. None. Anchored text! Notice I have "SHORT ONLY" at the bottom right of the screen. Anchored text will appear on any time frame, so if you flick from Monthly to 15 minute it will always appear on screen in the same location. It's the T with an anchor under the text tool :) So why is it so powerful? Do your Fundamental research, create and idea first. Do you want to go long or short? Is there is a huge monthly downtrend, would you buy in it? Pick your direction FIRST, anchor the text to your chart and NEVER EVER go against it. Doesn't matter how good the set up is, only go in the direction you have decided! BOOM! all them bad trades avoided. Anchored text, you won't find people selling courses on that ! Make it rain!
Education
by joebrownFX
GBPUSD Fundamental Analysis – September 19th 2019Here are the key factors to keep in mind today for British Pound trades: UK Retail Sales: UK Retail Sales for August are predicted to decrease by 0.3% monthly and to increase by 2.3% annualized. Forex traders can compare this to UK Retail Sales for July which increased by 0.2% monthly and by 2.9% annualized. UK Retail Sales Including Auto and Fuel for August are predicted flat at 0.0% monthly and to increase by 2.8% annualized. Forex traders can compare this to UK Retail Sales Including Auto and Fuel for July which increased by 0.2% monthly and by 3.3% annualized. Bank of England Interest Rate Decision, Asset Purchase Target and Corporate Bond Target: The Bank of England is predicted to keep interest rates at 0.75%, the Asset Purchase Target £435B and the Corporate Bond Target at £10B. Forex traders can compare this to the previous Bank of England meeting where the UK central bank decided to keep interest rates at 0.75%, the Asset Purchase Target £435B and the Corporate Bond Target at £10B. Here are the key factors to keep in mind today for US Dollar trades: US Initial Jobless Claims and Continuing Claims: US Initial Jobless Claims for the week of September 14th are predicted at 214K and US Continuing Claims for the week of September 7th are predicted at 1,672K. Forex traders can compare this to US Initial Jobless Claims for the week of September 7th which were reported at 204K and to US Continuing Claims for the week of August 31st which were reported at 1,670K. US Philadelphia Fed Business Outlook: The Philadelphia Fed Business Outlook for September is predicted at 10.5. Forex traders can compare this to the Philadelphia Fed Business Outlook for August which was reported at 16.8. US Current Account Balance: The US Current Account Balance for the second-quarter is predicted at -$127.4B. Forex traders can compare this to the US Current Account Balance for the first-quarter which was reported at -$130.4B. US Existing Home Sales: US Existing Home Sales for August are predicted to decrease by 0.7% monthly to 5.38M. Forex traders can compare this to US Existing Home Sales for July which increased by 2.5% monthly to 5.42M. US Leading Index: The US Leading Index for August are predicted to decrease by 0.1% monthly. Forex traders can compare this to the US Leading Index for July which increased by 0.5% monthly. Should price action for the GBPUSD remain inside the or breakdown below the 1.2440 to 1.2525 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Short Position Entry Level: Short Position @ 1.2470 Take Profit Zone: 1.2210 – 1.2310 Stop Loss Level: 1.2555 Should price action for the GBPUSD breakout above 1.2525 the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 1.2575 Take Profit Zone: 1.2705 – 1.2780 Stop Loss Level: 1.2525
by PaxForex
Analysis of GBPUSD 13.06.2019 by PaxForexAnalysis of GBPUSD 13.06.2019 by PaxForex The price is below the moving average of 20 MA and MA 200, indicating the downward trend. MACD is below the zero level. The oscillator Force Index is below the zero levels. If the level of support is broken, you shall follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 1.2650 • Take Profit Level: 1.2600 (50 pips) If the price rebound from the support level, you shall follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 1.2700 • Take Profit Level: 1.2730 (30 pips)
G
by PaxForex
1
(MOREBTC) Low volume TIP - 50% in a day. 2890%+ PPLet's take a look More (MOREBTC) on Bittrex. This is a beginners tip and example of how you can become a crypto-millionaire in a bull run. Take a look at the charts above: - You can see a huge 50% increase in price in just a few hours. - 2800%+ profits potential to last years all time... Just last year. - The cryptocurrency market is a "crazy" place, but this crazy is actually amazing in a way. Lots of opportunity to learn and trade, but there is also huge risk, so be careful before you pay. This is no trade advice of course but take a look at these charts. These are opportunities in the making. This is a low volume coin, so people normally run away from these and that can be understandable, but this can be a profit generating opportunity if you know how to approach it. When going for low volume coins, all you have to do is to diversify and only use money that you can afford to lose. Pretty simple... Wait for the full retrace to be over, put in a very small portion of your capital in and... Wait for the next bull run. When the next cryptocurrency market bull run comes. It won't matter if you are buying low market cap. or high market cap. coins. If you are here to make money... You can put in 0.005 btc on this trade. Your risk will be very, very low, yet your potential will always remain great. Potential earnings example within the cryptocurrency market: - Bitcoin price for this example: $4,500 (before bull run - 2018 bears wet dream - bulls 2017 impossible target / way above 2018 bottom so far) - 10x for a 0.005 btc buy can generate 0.05 btc. (MOREBTC goes up 1000% for example - see chart above) - When the bull run comes Bitcoin will also go up. - Trade against BTC (MOREBTC) for example. - If Bitcoin goes 3x, then your 0.05 can grow to 0.15. - Bitcoin now at $13500 in this example, can generate $2025. - 0.005 btc @ $4,500 = $22.5. - So $22.5 can generate $2,025. (EASY) THIS IS JUST AN EXAMPLE OF COURSE, BUT IT SHOWS PRETTY CLEARLY HOW FAST YOUR MONEY CAN GROW. That's how you can become a crypto-millionaire. You take the small risk, you buy and you wait. In due time, patience will pay. Namaste.
M
by MasterAnanda
12
DXY Dollar Index: More Consolidating of recent gains likely DXY Dollar Index: Consolidating recent gains The dollar is consolidating recent gains after reaching a high at 94.06, some 14 points shy of the medium target here. My bad and not a fault in the chart, as there is old resistance at the 94.03 level from the end of last year, as the chart clearly shows. Sorry for that. Anyway DXY (and USD pairs) look like they have some more unwinding to do in the near term and DXY should come back down the small parallels it's beginning to form to the 93.12 line which must then hold if the dollar is to remain firm for the rest of the month from here. Any subsequent failure to hold the 93.12 line will trigger another near term bout of dollar weakness back to 92.55-92.25 and at the same time trigger EURUSD longs (and across most of the other pairs too.) On the upside, for the Dollar to escape this period of consolidation and avoid a retest of 93.12 it has to break back above the upper falling parellel from the high and then hold at the 93.36 first line of support on the first retest from above. But that looks unlikely in the very near term, as above.
TVC:DXY
by sumastardon
EURUSD Target achieved, counter-rally followed by more weakness EURUSD After another rally back to the upper parallel precisely EUR has fallen to the target at 1.1915 after an intra-day low at 1.1910. It should now attempt a feeble rally back to 1.1946 and the upper parallel at best before it falls away again. And unless it can find a double bottom at 1.1910 when it next comes off the likelihood remains that it will decline further still over the more medium term in stages to 1.1880 then 1.1815 and finally to 1.1721
by sumastardon
[LBC/BTC] LONG TERM INVESTMENT! BIG PROFITS!Hello Traders! Here we have LBC/BTC. According to my TA LBC* we might be seeing stronger bullish signals than last year! This means new all time highs within the next couple of weeks/ possibly months! (March-June). You wait, you win. Patience is key. I've been very confident in this trade ever since early December. BUY NOW otherwise you will regret later. Please do not forget to like and follow. Best of lucks to all! As always this is my trade opinion, invest what your willing to risk!
L
by Gibmoses
BTC NEEDS Higher LOWBTC needs to form this Higher Low on the daily . If it can the BTC recovery is looking a lot more positive. The Daily MACD has crossed but BTC still needs to confirm higher low . The first test is the 9500 level and if BTC can break above this and form a new higher low over the next week this would be a very good sign that the recovery is underway. Also to note there was a LOT of Bull volume in on the 6k mark which may have signalled the bottom may be in for now Lets see :)
COINBASE:BTCUSDLong
by gillman_hugh
BTGUSD More tradeable downside hereBTGUSD Still running within the same sets of rising parallels, BTG took 10 days to more than double from its lows. A laggard. It's still unwinding, making a similar continuation pattern to the one that has just preceeded it...it may try to rally one more time to 348/9 but once 321 gives way it should fall to 299-289 range, worth shorting. Whilst trapped within the falling parallels from the highs BTG will remain in a weak technical position. To turn back to bullish from here BTG will have to break above 352 and hold (not spike higher and fall away) only then will it look safe to follow for move up to 391. But the chart is saying more downside is likely first.
BShort
by sumastardon
EURUSD: Still more EUR upside in store to 1.1880EURUSD Don't get Spiked in FOMC aftermath Eur stays under pressure whilst trapped within the parallels - a break above the upper parallel means trend change back to positive for EUR - not a spike above the parallel (FOMC) - a successful break and hold on retest to know that trend is changing back to positive for EUR. Update: A fantastic break that we usually only see in the crypto markets. But today the fiat paper currencies caught the fever. EUR is strong above support at 1.1813 and should bounce here at lowest on any consolidation from here before rallying further to 1.1880 *The first section was written for hedge funds ready for the run up and aftermath of FOMC meeting - to simplify and de-noise the event It's not much use for trading purposes now (TV had an embargo limit running 24 hours ago when it was uploaded and thought it would do it automatically when time limit expired. Wrong. So many limits to getting information out with so many markets to cover. This is not the way. But the price action here is worth uploading for newer traders: put the parallels on your own chart with a 5 minute chart and see how perfectly EUR comes back to test the parallel from above - one last perfect kiss - before it flies higher through uncontested space above it. The whipsaw you see is normal crap after an FOMC meeting - but out of chaos emerges perfect order. Just takes a little time. You don't need to get caught in the noise. You need to get caught in the aftermath. Sometimes it pays to wait. Hedge funds do. Why not you?
Long
by sumastardon