EURUSD Bearish but Caution Ahead of PMI News
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Technical Analysis
Swin trade on ORCL 1 hour chartDiscalimer: I do not give solicitation to buy or short.
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I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated
Before you enter a trade , one must learn how to master the charts as Stock charts play a big role in deciding when to buy or when not to buy. Technical Trading help in predicting price movements and have a risk management. Stock trading is like any other business and must be taken seriously. Lot of people lose money because they don't educate themselves and end up placing trades blindly which results in big losses
Stock charts is the major component day traders, swing traders, core traders use. Times and technology has changed and if you cannot adapt to the new methods , there is a high chance you will be left behind
Millions of shares are traded now using desktop , laptop or gadgets and stock charts is what majority of traders look at.
So , if you want to be a daytrader , swingtrader or coretrader learn how to read and interpret charts. There are lot of great books out there like Thomas Bulkowski's Encyclopedia of chart patterns and Steve Nison Japanese Candlesticks interpretation
Having someone experienced can also cut the learning curve time for a new trader. Trading does take time and with discipline , hardwork , dedication and most importantly Passion for this needs to be there.
GBPJPY Analysis Ahead of CPI Inflation ReportWelcome back! Let me know your thoughts in the comments!
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We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
GBPNZD Potential Buy from Support * Caution CPI Upcoming NewsWelcome back! Let me know your thoughts in the comments!
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We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Gold - not exciting yet, but needs to go back on to your radarWe are in consolidation mode around the 1615 zone, this is the 55-month ma, a long term Fibo and the mid-point of a long-term up channel.
The market has recently failed at the 55-day ma, so it has not really done enough to suggest that it is ready to head higher either.
So not a market to get excited about yet, but one that really should go back on your radar given the key band of support it is sitting on.
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.
S&P is seeing reversal from MAJOR supportWe saw the S&P reverse yesterday by almost 3% in one day! Not only was this a key day reversal/a bullish engulfing candle but the fact that we are seeing this market charting that kind of reversal from such a key zone on the chart is we think critical.
We have the 200-week ma, the 55-week ma and long-term Fibonacci retracement all coming in around the 35000 level and the low this week has been 3491.
If you have been selling this market, you might want to take those profits because I think this thing is going to bounce!
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.
BTC Detailed Top-Down Analysis - Day 84Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
84 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
NAS100 Sell IdeaConsidering that the chart is in an overall HTF bearish state and has also not yet presented us with long setups, I'm still looking for short objectives, obviously not forgetting that on a HTF, price is consolidating inside demand. One of two things can happen and I'm going to be watching price action and will update moving forward.
USDCAD WIN WIN / HEDGING SHORTS Price on USDCAD is struggling to break above the resistance of 1.38000, with price looking weak again on the forth rejection. This is creating a right shoulder for a head and shoulders on the 4hr and daily chart. Strength coming back into the USD but the Canadian dollar holding ground for now. Ill be entering shorts with stops tight above the last few rejections to hedge against my original long trade. Hope you all the best for the week to come! let me know your thoughts.
EUR/USD - outlining the near term supports and resistancesHighlights:
1. EUR/USD remains in a downtrend
2. The chart is dominated by the 2022 downtrend at 1.0035 - while capped here the bear trend remains intact
3. The recent low at .9536 is exposed and below here we have to refer all the way back to 2001 to find the next support at .9332.
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.
GBPCAD It is heading uphill + 250 pips Welcome back! Let me know your thoughts in the comments!
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We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
Nifty & Banknifty Intraday levelNIfty fut Closing price as on 06 Oct 2022 is 17314.90
Nifty Support - 17299/ 17208/ 17140
Nifty Resistance - 17426/ 17472/ 17530.
BankNifty fut closing price as on 06 Oct 2022 is 39355.
BankNifty Support - 39037/ 38777/ 38606.
BankNifty Resistance - 39743/ 39933/ 40565.






















