GBPUSD Long short lonnnnng continuedMorning folks, as we all know football is coming home today; this is why I had to post this in the morning... (beers)
last week I posted my set up (see link/page) if you had taken that trade you would now be sat with around 100+ pips profit.. not bad.
My targets for the first long have been added to this update I believe 1.405 (my actual tp is 1.395/1.40) at the .618 Fibonacci this fib is drawn from point B to C as that is the last move in my prediction of an ABCDE formation before the market continues higher. All a bit boring I know.. if this target is then hit ill be updating on closing my positions and when I'm taking the shorts and my expected target for that.. It's also important to keep in mind the other fib levels seen on the set up.. I will be adjusting stops when needed. (already moved to breakeven.. ) could do higher low being set after this impulse we saw Friday.
I wouldn't take the long from this position personally as the market has already moved either wait for the short or the next long remember in trading patience, doing your homework and supporting England in the Euros is the only thing that matters..
I watch the month week daily and place on either the 8/4/1hr charts.
I am not a financial advisor or anything like that but I do take money from the market....
Firm handshakes.
HAPPY TRADING. >:-)
Profits
US30 LONGLooking at turning my idea into profits - one of the most challenging things a trader must learn. Everyone can get their analysis right, but can they extract profits effectively from the market! That is the most important thing as a trader.
Price has broken the descending trendline. Expect to see a wedge forming on 4 hour.
Third bounce on ascending trend, indicating higher highs and an impulsive move to the upside.
The thrid bounce is inline with 4hour resistance level. High liquidity zone!
Price still expected to reach 35000 and beyond before END OF MONTH.
Your thoughts?
LINA/USDT From 5,000£ to 65,000£ (6m)My View to Linear bullish potential.
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rank 248
Max supply 10 Bn
circulating 3.6Bn (36% of 100%)
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GNUS EXTREME SHORTSQUEEZE COMINGBe prepard for this sleeping giant to erupt. I can see easily 21$ in gnus future as a shortsqueeze is very likely with the technical pattern happening. this is a long term accumulation. think... dogecoin. Bitcoin. Bngo. this one is gona be BIG.
IMO
Partners with CIDM, GNUS has the most kids shows of any other company. My own kid the other day was watching one of their shows.
Is the trend really your friend?This is a short take. I'm showing a 30 min ATR trend line.
Loads of traders know that ' the trend is their friend ', but do they truly exploit it? I don't think so.
There were three main opportunities to exploit this trend. The problem is - now you see it but when it's developing you can't. But at each of two points where price hit the 30 min ATR line, it was worth a short, with a very tight stop loss.
Trend following is a very difficult strategy, but rewards can well exceed other methods of trading. It makes sense to explore it, and develop the skill (safely on paper trading accounts).
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions and not intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
ONT/USDT Update: 150% bagged. Last resistance already testedWe look at ONT since Feb 2021 where we started this parabolic recovery.
150% is already reached and we did bag some partial profit.
The last resistance arounf 2.6$ was now tested and we did fail to break it the first time which is not unusual at all.
The more often we test this reistance line the more likely it becomes that we can break it.
After this resistance we aim for a new ATH >6$.
Take a look at the volume increase, it is just beautiful.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
JUICY PROFITS!!!!! :)The currency pair looks like it is currently in a uptrend and could carry on for a couple weeks. As well, with the falling UK covid cases and high vaccination rate the economy is constantly looking to improve, along with new policies from the bank of England last week, Pound is looking very strong at the start of the week. On the other side, Japan are getting a sharp rise in covid cases, which isnt good for the JPY, as well as a constantly worsening currency over the past few months anyway, a long term long position on this currency pair is looking likely and good for those JUICY PROFITS.
The currency pair looks like it should continue along the uptrend for a few more weeks at least.
Just my idea, but for sure do your own due DD to discover if you would like to be part of the movement
DOGE COIN TO THE MOON!!! Doge has found support on what appears to be an a head and shoulders pattern. We might see the price go back to the second shoulder of the pattern. I expect to take profit at that level; if the fundamentals are good, I might continue to hold until it reaches the most previous high. We will see what happens.DOGECOIN TO THE MOON!
DIA/USDT TRENDLINEHi guys
this time i came with dia/usdt binance chart 4h timeframe
i think that its on the Floor of the uptrend but i didnt see the Significant volume
so im gonna be careful about it
support and ressistance lines are visible in the chart
i will be happy to read your reply and if you agree with my idea like it please
wish your pnl allways be in profit
bb
AARTIIND LONG INTRADAY 30 APR, 2021Dear trader,
If u look at the chart of AARTIIND (analysis based intraday only) the AARTIIND Buy at 1596 and Target at 1596
Best Buy at 1586.
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Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
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