Notice the 5 touches of previous resistance marked by the blue arrows. This "strong level" entices people to sell and place their stops just above the level. See how price begins to fall from this level marked at the red arrow? This also draws more sellers into the market; people don't want to miss out; then BOOM! Price breaks the level and wipes out everyone who...
So you have the "perfect" setup; all the stars align and you feel utterly confident in taking the trade, but should you? I have a process that must be completed before I even think about pressing the trigger. Fundamental analysis points me in one of two directions, then from there I'm either short or long. I then look if there is a technical entry point that...
As we can see the black area indicates a potential zone where retail traders are tricked into going long by the illusion of fake support. Large institutions and experienced traders know most novices will have their stop losses just below this level. Institutions and banks manipulate these levels and take out stop losses to gain liquidity in the market. Once a stop...
Buy after the breakout, support zone has been tested a number of times on the small time frame. (30m and 1H) Buy Stop Ep 0.69311 SL: 0.69794 TP 0.70338
Look, the truth is no one buys games from Gamestop anymore like we use to. We can easily download games via our console or we go to stores like Best Buy, use Amazon or buy used games or consoles through Craigslist or Facebook Market. There is nothing special about Gamestop, anyone can do what they do. What they should focus on is selling classic old vintage games....
For the upcoming week (several days), I would say there will be a price increase for BTC/USD symbol, by just looking at: RSI (not in current graph (sorry I don't have a pro account) MACD for sure! See the cross coming up on the 1D chart 4EMA is getting ready as well The price is less volatile and low in the bollinger bands Currently I bought BTCUSD...
We are consolidating in a tight zone. Break out of the 9600 area is imminent. Set your buy stop according to this chart and you shall be rewarded.
Today I go in depth on the variety of volume pumps and bidirectional stop hunting.
Hello all - DuncanForex here with another trade idea I am looking to go long on GBPJPY Although there are trade wars going on in the back ground and in turn short term sentiment is being impacted. At the same time GBP is yo-yo-ing due to ongoing Brexit Hard or Soft short term sentimental views. I am going long GBPJPY, however will be managing the trade...
Entry on a stop hunt. Targets are green zones. The largest is 0.7586
1). Over-trading and Random trading. Most people and traders think in order to make money as a trader you have to be trading all the time. If you are simply watching the market, you are missing out, or not doing your job by not trading it. This leads to over trading, and trading randomly or outside of your edge. Any trades taken that are not apart of your...
PODRIA SER CIERTO???? ALGUIEN ME CORRIJA XFA
Scroll down. Take a look at all of these "ideas." I collected these off of the FIRST TWO PAGES of tradingview ideas for TRX. Let me take a wild guess where your stop loss is... Did I guess correctly? Now let's say I want to fill a 20 million dollar bag of TRX, and I know where ALLLL of your stop losses are. What should I do? I'd push the price...
Could not hold support; broke below $94. Next target area is between $90 and $86. Use a tight stop above $95.
this play is a slower mover but it pulled back and turned the resistance into support we are going to trail the trade using the 8SMA and add to it through 73.26
We see that there was a powerful movement from 3905 to 4282. During this movement, we see several accumulations with a continuation to long. The price made a false breakdown at 4215 and impulsely went down. Now I expect that the price will go to collect the stops of the longists, who traded from 3905 to 4282 and put stops under their savings! Goals are 3631 to...
false bearish breakout of the trendline is leading the price over the trendline again , anticipating the big move with a little retest of the trendline that will be followed by a strong bullish movement . let me know if you hopping on this trade , cheers!
stop loss was unfortunately hitten in the last operation cause the price didn't completed the ross hook pattern , right now the price is giving us another long opportunity on the trend line , let's see how the price move .