-- Although its about to hit tp I wanted to point out this notion: --> Consistently gaining a set amount of pips versus the vigorous psychological stampede of trying to hit Jackpot every trade was a humbling lesson from my experience! --> 10 - 30 pips can go an absolutely long way when you know how to use it. Don't get me wrong, I want that beautiful swing...
EURUSD PENDING ORDER [/b Waiting for breakout Set smaller take profit points inbetween zones
US30 15 min Key Zone Analysis Look out for zone breaks Take profit will be the next zone in the break's direction Stop Loss will be the previous zone in the opposite direction Supertrend and DMI will help stop trend reversals and Momentum Note: We are in an exhausted buy area according to the Gann --> I will prefer to scalp until I see a big break on one of Key...
Evening star on a resistence line Looking for a change in direction Gone short as soon as I saw barish candle on the evening star. I reported the evening star on 4H an a Gravestone Doji on the month chart . my lack of experience convinced me to believe that this month is gonna go short due to this , so I was gonna keep this sell for the week.
Some have asked me my opinion on gold & the stock market. I sort of already wrote it in other ideas a bit here a bit there but I'll make a clean separate one. I'll be able to show this to the bagholders that joined late and rage at me telling me I am sore I missed out, in a year or two. Make sure to replace "will" by "I think the probability of this happening is...
Novice trader - posting this here so I can keep track of my ideas. Touch down a bit and then pumps again?
This morning I decided to add HBI to my watchlist. The current price is $10.21. Support levels at 9.30 and resistance at 14.85. Had a pretty big dip in price yesterday of over a $1 per share (about 10% loss). I've read a variety of opinions on this one. Group chats seem to be equally divided among bears and bulls. Personally, I'm going bullish on this one. I do...
NOVICE: LOGIC: -COVID-19 has began to panic the US public Live long and profit ZM
NOVICE TRADER SPECULATION: Hello Traders! I'll get right to it. We are currently testing resistance and I this chart shows what could very well be a bearish head and shoulders forming. Observe the fibs here. LOGIC BEHIND SHORT: -TESTING RESISTANCE AND FAILING -BEARISH HEAD AND SHOULDERS PATTERN FORMING (POSSIBLY) -MARKETS HAVE BEEN ON THE RISE, SO TAKE...
The main reason I took this sell was because it was around a h4 zone and I entered once price was there. If price gets to tp 1 I will move the SL down and drop the lot 0.01. Tp2 Is based off of h4 support area. Market flow on h4 is downtrend.
There's a lot going on here, so bear with me (no pun intended...). First off, take a look at the two channels that I've drawn. We started this decline with a fairly steep downtrend channel. We broke out of that channel to begin a less steep downtrend channel. The bears are winning but their momentum is slowing... You'll also notice that we are near the top of...
I'm cautious about adding at this point. We had a good rally today, bouncing of the 0.382 Fib. However, this puts us at the top of our downtrend channel. We're also near the high of the general growth channel. This is where indecision gets the best of me. The circumstanced tell me to take some profits. We have strong support at $9600 but if this downtrend...
Notice: this is my first post, however, I have been investing in BTC through the good times and the bad. I see a lot of posts suggesting that BTC is going to crash below the yearly low and that makes me nervous. I'll be honest, this current rally makes me nervous. I'm left wondering whether to pull the trigger and take some profits. The rate of price increase is...
As mentioned in previous publication, Bitcoin will rely heavily upon good/bad news to make a directional decision. Yesterday it was formally announced that BlackRock invest firm which manages ~$6.28tril in assets has a dedicated team exploring Bitcoin and Cryptocurrencies. This particular announcement assisted in a break through of the 6360-6380 resistance with a...
As mentioned in the heading this Bitcoin 0.14% analysis is a short term outlook with ETF decision date in mind. First of all, based on my previous analysis, what I had failed to realize was that there is a high chance it could have pulled back from the resistance to create a iH&S neckline. As outlined in the chart this neckline resistance is also confluent with...
A following on from yesterday we have a bear Break from the equilibrium below 6423, which has been a reasoalble solid support previously. The volume for the break is less than the previous two bear break so the momentum may be week. A potential bear play would be enter now (aggressive) or enter at retest of 6423 or 12 ema, with a tight stop loss at 6423 or 12...