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Master Gold Trading in High-Volatility Zones! Unlock Risk Manag.In this video, I delve into the crucial aspects of Risk Management and share my insights on interpreting the market when it is in critical zones, just like the one displayed on our current XAUUSD chart. Here's what you can expect: Risk Management Techniques Learn the strategies I employ to manage risk effectively, ensuring that my trades are protected against sudden market moves. I will cover: Setting appropriate stop-loss levels below key support zones like the 15M LQZ. Calculating position sizes based on account equity to maintain a disciplined approach. The importance of risk-reward ratios in ensuring long-term profitability. Market Perception in Key Zones I explain my approach to analyzing the market when it is within significant liquidity zones (LQZ), as seen in the chart. This includes: Understanding price behavior around Daily LQZ (2,450.370), 4hr LQZ (2,447.909), 1hr TP/LQZ (2,419.054), and 15M LQZ (2,399.472). How these zones influence my trading decisions and help identify potential entry and exit points. Time Frame for Trade Execution Discover the time frames I focus on when executing trades in these volatile zones. I discuss: Benefits and drawbacks of different time frames. Why certain time frames, such as 15-minute, 1-hour, and 4-hour charts, are more suitable for analyzing price action and making informed trade decisions in the current market context. Trading Sessions Participation Gain insights into which trading sessions I actively participate in and why. Understanding the dynamics of different sessions (Asian, London, and New York) can significantly impact your trading strategy and execution. I will share: My preferences and how each session's characteristics influence market volatility and trading opportunities. The best times to trade gold (XAUUSD) based on historical volatility patterns. Chart Analysis Overview We analyze the current XAUUSD chart showing an ascending channel, highlighting key support and resistance levels. Key technical points include: Support Levels: Near the bottom of the ascending channel and around 2,399.472 (15M LQZ). Resistance Levels: Near the top of the ascending channel and around 2,450.370 (Daily LQZ). Price Action: Higher highs and higher lows within the ascending channel, indicating a bullish trend. A noticeable spike breaking through the channel suggests strong buying interest at lower levels. Potential Trade Setup Long Position: Consider entering near the lower boundary of the ascending channel or the 15M LQZ support level, targeting the 1hr TP/LQZ or the Daily LQZ. Stop Loss: Place below the 15M LQZ to manage risk. Key Takeaways Master the art of risk management to safeguard your trades. Learn to perceive and analyze the market effectively within key liquidity zones. Understand the importance of selecting the right time frame for trade execution. Know which trading sessions offer the best opportunities and align them with your trading strategy.
OANDA:XAUUSD
by Adlercon333
Silver: Thoughts and Analysis Today's focus: Silver Pattern – resistance stall, continuation Support – $28.70 Resistance – $31.30 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at Silver on the daily chart. As per most reports, we have started looking out, highlighting the main trend and key points before moving into the current price action. Looking at the current break higher and resistance point, will we see the current continuation contnue? We have run over what we are looking for to confirm this and some warning signs to watch out for as well. Good trading.
EIGHTCAP:XAGUSDLong
by Eightcap
4
ETHUSD: Thoughts and Analysis Today's focus: ETHUSD Pattern – Support formation Support – 2800 - 2880 Resistance – 3073 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at ETHUSD on its daily chart. The key question we are asking today is: Has price started to find key support, or are we set to see one more low? For now, buyers contnue to hold firm from 2800. Has the Mount Gox news been overdone, or will this new supply dump continue to push coins lower? Good trading.
EIGHTCAP:ETHUSD
by Eightcap
1
XrpUsd - Rally back to previous resistance (+100%)?BITSTAMP:XRPUSD is one of the most interesting cryptocurrencies for potential setups in the near future. For a couple of years now, XrpUsd has been trading in a symmetrical triangle trading pattern. Always when XrpUsd retested support in the past, we simply saw a very nice rejection away towards the upside. And as we are speaking, XrpUsd is once again retesting such a confluence of support from which we could see a rally towards the upside. Target is the previous resistance of the triangle pattern. Levels to watch: $0.491, $0.911 Keep your long term vision, Philip - BasicTrading
BITSTAMP:XRPUSDLong
by SwingTraderPhilTV
5
Taiwan Semiconductor - Unknown stock with trading potentialNYSE:TSM is one of the rather unknown stocks with an impressive market capitalization of 680 billion dollars. Just a couple of months ago TSM finally broke above a major previous resistance level and confirmed the bullish triangle breakout. Momentum is quite strong so far so maybe we will never see the previous structure again. In this case there is no need to actually chase the all time high. However, a pullback might still be quite likely and this might present an interesting long opportunity in the future. Levels to watch: $130, $100 Keep your long term vision, Philip - BasicTrading
NYSE:TSMLong
by SwingTraderPhilTV
6
Intel - Reversing to the upside!Hello Traders and Investors, today I will take a look at Intel . -------- Explanation of my video analysis: On the chart of Intel there are actually two major horizontal structure levels which you have to keep an eye on. First of all there is quite strong support at the $26 level and just a couple of months ago Intel rejected this support towards the upside. Vice versa there is resistance at the $44 level, always pushing price lower. As we are speaking Intel is also retesting a minor support so there is the chance to capitalize on a short term bounce. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:INTCLong
by SwingTraderPhilTV
1
Alibaba - Don't forget chinese stocks!Hello Traders and Investors, today I will take a look at Alibaba. -------- Explanation of my video analysis: Back in 2020 Alibaba stock created a textbook breakout of an ascending triangle formation which was followed by more continuation towards the upside. Then Alibaba stock topped out in 2021 and we saw a massive decline of -80% from the previous highs. At the moment Alibaba is still in a very bearish market but there is a chance that we will see a reversal in the near future. -------- Keep your long term vision, Philip (BasicTrading)
NYSE:BABALong
by SwingTraderPhilTV
18
Tesla - Triangle and -33% drop!Hello Traders and Investors, today I will take a look at Tesla . -------- Explanation of my video analysis: With Tesla stock breaking above previous resistance in 2019 and coming back to retest it in 2020, this stock then took off and created one of the most insane rallies which I have ever seen. At the moment though, Tesla is consolidating in a descending triangle formation and there is a high chance that Tesla will again come back to retest the lower support at $110 for a third time. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLAShort
by SwingTraderPhilTV
8
Bitcoin - The halving breakout!Hello Traders and Investors, today I will take a look at Bitcoin. -------- Explanation of my video analysis: On the Bitcoin chart there are actually only three lines which you need to draw: First you have a horizontal structure at $16.000 which Bitcoin perfectly broke towards the upside with the last cycle in 2020. Furthermore Bitcoin is creating an ascending trendline - always rejecting towards the upside - and there is also a horizontal structure at the $67.000 level. Just don't get caught up in the short term moves. -------- Keep your long term vision, Philip (BasicTrading)
BITSTAMP:BTCUSD
by SwingTraderPhilTV
2
Bitcoin: Thoughts and Analysis Pattern – HL building? Support – 63,860, 60,675 Resistance – 66,710 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at BTC on its daily chart. Today, we have broken down the current PA we are watching on BTCUSD. Two things have presented themselves to us. Could we have a new HL forming after yesterday's fightback? Could this then set off a new leg higher to test the top of the range? Or two, could this be a false point of support, and will we see sellers make a new move at testing lower-range support? Good trading.
EIGHTCAP:BTCUSDLong
by Eightcap
Support And Resistance Lines Are Not Real: Prove Me WrongIn this video, I draw random lines on the chart to prove a point. I think we need to ask ourselves the following questions to become better traders: How will I define support and resistance consistently ? How will I use support and resistance in my trading? Do I need support and resistance in my trading? Is support and resistance a reliable measure for markets? Are the lines that I have been drawing for so long actually meaningful?
NYSE:CVSEducation
by JoeRodTrades
2
LNG - Found a strong support algo - Can we continue the uptrend?We are at a potential great buying area and as you see there is a lot of room to the upside. I will be looking for us to prove and activate one of our stronger buying continuation algorithms (stronger than orange) to then try and break out of our magenta and white controlled selling algos. But forsure the retest and support of green which had initiated our ascent has me interested. Stay tuned! Happy Trading :)
NYSE:LNGLong
by ReigningTrades
TSLA - There is a clear story to this chart. Here's what we needAlways tell a HTF story of the charts before getting bogged down in LTF chaos. These HTF algorithms control price. Clear what we need to look out for on this TSLA chart - Yellow strong algorithm needs to activate to take us out of magenta and teal strong selling. Fortunately for me, you can't laugh at this. These are the same algorithms proving themselves over and over again for years. Do this same thing on the hourly chart for more detail and you will be able to work yourself into many profitable positions and understand how price is reacting to and from these HTF algorithms. Cheers to more knowledge, more profits, and to building a strong community in which we can all find consistency in our own styles of trading. Happy Trading :)
NASDAQ:TSLA
by ReigningTrades
1