Hello Traders, Please allow me to start the New Year by thanking you for following and liking my trading ideas. I'm an active swing trader of micro /ES only with a purely technical, institutional price action perspective strategy. We start 2024 on our toes after crushing the December long. I've outlined some directional thoughts of the week ahead, although any...
Dear Esteemed Investors, I'm sharing the results of my news trading method with you. By now, all of you know I'm using AI natural language processing to weight world news and cross-check against popular sentiment indicators like DSI and DSIE. Standard DSI/DSIE signals an optimistic outlook for the EURUSD market. It means that the possibly influential investors...
Hello traders, I’m Dragos, I’ve been trading the markets for 4 years and I’m a profitable trader. I've been closely monitoring the GBPJPY pair and wanted to share some insights from my recent analysis. Here's a brief overview of my findings: 1. Weekly -The weekly has changed to bearish at the begining of december, but daily trends are showing bullish signs,...
QQQ is sitting directly on the 200 EMA on the 65min chart. Worth watching if we get a relief bounce Friday, or if we knife right through. Looking for a red open that goes green to take a reversal day trade.
Negativity has mounted in Apple since the year began, but some traders may think it will bottom soon. The first pattern on today’s chart is the price area between $180 and $184. That roughly corresponds to the peak in early 2022 and some highs last September and October. Will the old resistance become new support? Second, the 200-day simple moving average (SMA)...
Just a fractal to show the potential of HBAR in the future. History rhymes. I think we're still in good acc range on most coins. LIKE AND FOLLOW FOR MORE!
QQQ is here on a 30-minute chart showing its pivot down from a near-term high in a descending regression channel. Advanced RSI and MACD indicators are used to better pinpoint short entries in this downtrend especially with put options contracts with expirations every other day. Greed has turned to fear. Those equipped with experience and risk management can...
In the Euro zone: Riding the bullish vibes with the price above the support line at 1.08920. Targets are set at 1.11388 (TP1) and 1.1280 (TP2). Keep an eye on the EuroUSD journey, and may the bullish momentum continue! #EuroUSD #BullishOutlook
Previously we sell. Close that trade now.We will enter buy trade now. SL TP and Entry are given to the chart.
AMEX:SPY January 5, 2024 15 Minutes. Aggressively we could have entered a short at 470 levels being 61.8% fibo for the larger fall in 15 minutes or conservatively shorted once 468.5 was broken. The eight bar from open made an LH as 471.19 was not broken, being near the top of the range, and a small SL around 471.5. Now I will cover around 465 being 200 in 60...
The weekly SXT buy signal was hit in yesterday's trading session. This meant breaching the 40 SMA at 3.261. However this was not surprising considering the PPM 3 was nowhere near trend mode. This meant that the 40 SMA held no significance in that session. Now that the SXT buy was hit, price seems to be rebounding in early trade today. Note however that the PPM 2...
Hi Traders! NVDA is showcasing a Cup and Handle Pattern, indicative of bullish momentum. A key watch is for a stable break above $485.5, surpassing the 9 EMA. Successful positioning above this level could propel the stock towards the $492 mark. Such a breakout might attract early buyers, anticipating a significant rally, potentially beyond the $500 threshold....
NASDAQ:TSLA 's recent price action has shown a rejection at the 50-day EMA, closing inside with an inverse hammer pattern. This technical formation suggests a continuing bearish sentiment, with the price aiming for the $235 level. Keep an eye on how NASDAQ:TSLA responds in upcoming sessions for potential trend confirmations.
AMZN looking to hold and bounce off the 50 EMA on the daily. Has acted as support in the past, see if the same continues to hold true.
Paycom Software has rebounded after a big drop, and now some traders may expect further downside. The first pattern on today’s chart is the November 1 bearish gap after earnings and guidance missed estimates. (The 38 percent drop that day was the biggest in PAYC’s nine-year history as a public company.) It was the second consecutive downside gap on...
Market can bounce to the Sell Zone. EMA 13 and EMA 26 works like the value zone.If market crosses the 50 EMA(red line) we will search for buy setup.
AMEX:SPY January 4, 2023 15 Minutes The downtrend is intact. If we consider the fall 471.19 to 468.17 470 will be a good level to short. As we can see a base is being formed in 468.5+ levels and lat low 468.17 has oscillator divergence. AMEX:SPY below all moving averages. Breaking 468.5 should give a good trade around 464 levels, being 200 averages in 60...
Solana just printed a gravestone doji star which may have marked the local top after such rise. RSI got rejected on overbought territory as well, finally looks like it could correct towards 50MA. ⚡️⚡️ #SOL/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (5.0X) Amount: 4.8% Current Price: 92.835 Entry Targets: 1)...