Get started

Technical Analysis

EUR/USD 12/7 -9.23% LongWelp, I got this one completely wrong. This immediate went the opposite way & went hyper until it stopped me out in like 90 seconds. Thought it was bottoming out & it would pop up a little. Good thing I always at least set a Stop Loss. Not big on take profit targets, I like to let them run a bit. Trying out new indicators I have found & liked so will likely have losses until I find the perfect settings & trading rules on when to enter trades. Thinking of just following the MA line & waiting for confirmation from the Squeeze momentum. What do yall think?
Long
by niksidnayr26
Daily Bitcoin Update - A move lower from Bitcoin - What Next?Morning all, Full TA in the video as usual. Some notes: - Bitcoin was rejected again and the Inverse Head and Shoulders IMO is invalidated. - Looking at the fib levels we added in the last video for support. - A key thing to look out for is a bearish retest of previous support. - Indicators are looking bearish in general across multiple timeframes. - Pre-markets are in the red which gives you an indication of the direction of the market, although this could change. - FED meeting is coming up. Will the markets start to position themselves accordingly in the lead-up. - There seems to be quite a lot of FUD for this week regarding Bitcoin. - SPX, NASDAQ, ES1 - all trading at key support / resistance levels. Watch to see if these hold or not. A move lower and Bitcoin might follow. Please hit the boost button if you like this update. Back tomorrow. Thanks SIMON BPOI
BITSTAMP:BTCUSD
by CJ_CHART_JUNKIE
2
EUR/USD is approaching critical resistance - tighten stopsEUR/USD generally remains pretty bid, but it is approaching tough overhead resistance at 1.0636/39 - the 2020 low and the 55-week ma and we suspect that the market is going to struggle to clear this tough area of resistance, you might want to tighten stops on long positions. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
Long
by The_STA
16
Gold is merely consolidating ahead of further gainsGold has met its initial upside target of 1782 (measured from the base 1702/1622). It is, we believe, merely consolidating its gains. We do like to look at Fibonacci retracements in conjunction with the cloud to work out the short term levels of support. While these hold we will maintain a positive bias. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
FXOPEN:XAUUSDLong
by The_STA
1
What I am looking at currently on the S+PDisclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
SP:SPX
by The_STA
Tue 22nd November 2022 Daily Forex Charts : 7x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 7x new trade setups this morning. As usual, you can read my notes on the chart for my thoughts on these setups. The trades being a AUD/CAD Sell, AUD/USD Sell, GBP/JPY Buy, GBP/NZD Buy, USD/CAD Buy, USD/JPY Buy & XAU/USD (Gold) Sell. A few of these are higher risk and there is obviously some correlation here, so be aware of risk % per trade and overall risk. Enjoy the day all. Cheers. Jim
OANDA:XAUUSD
by JAGfx
6
Back to Basics - Trend and trendlinesThe first thing to do when looking at any chart is to identify the trend. What we need mean by trend? We simply mean what direction is a market moving in? Luckily there’s only three ways a market can move - it can move up; it can move down or it can move sideways. How do we identify the trend? The definition of an up move is for higher reaction highs and higher reaction lows. The definition of down move is for lower reaction highs and lower reaction lows. The definition of a sideways trend is when the highs and lows are about the same level. Once we’ve identified the trend. It’s helpful to place on a trend line, now In a down move really you want to be connecting the highs and for a valid trendline you need to connect at least three highs. Why do we like to do this? because trendlines help to enforce discipline and not only that but they offer potential entry points. They also help you with timing and they can give you a good place to put your stops. It is worth noting that the longer a trendline the more important it becomes. So a 3-month trend line is more important than a 3-week trend line.
Education
by The_STA
GBP/USD levels just ahead of the Chancellors Autumn statement Disclaimer The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current Disclaimer: opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
by The_STA
1
USDCHF Correction upward following PPIWelcome back! Let me know your thoughts in the comments! **USDCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
7