Market Review and Key levels to watch on major marketsThe Morning Jumpstart Weekly Review 11/07/22...key levels to watch on major markets for the coming week!!
Cryptocurrencies remain under pressure while share markets bounce but remain in their daily downtrends. Bulls will be looking for major share indexes to base and provide buying opportunities into earnings although bulls will focus on guidance as interest rates rise.
Markets covered
US - DOW, Nasdaq and SP500
Europe - DAX and FTSE100
Asia - Hang Seng, ASX200 and Nikkei
FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY
Commodities - GOLD , Oil and Copper
Crypto - Bitcoin and Ethereum
Technical Analysis
How To Analyze Any Chart From Scratch - Episode 9Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on EURGBP, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
WHITE SUGAR CASH CFD SETUP IDEAWeek setup: Bearish Engulfing bar
Day signal: Retest of Hidden Head & Shoulders neckline.
4HR Signal: Retest of Head & Shoulders neckline + Double Tops downtrend.
1HR Signal: Retest of Double Top downtrend neckline.
IDEA: A strong daily close of price below $549 would suggest a more bearish sentiment.
How To Analyze Any Chart From Scratch - Episode 8Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on KCS, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
My $10,000 Portfolio is now live. Here we go!Traders,
The time has come. My first trades for my public-facing portfolio have been triggered. I will cover the first trade in this video and why I entered it as well as overall market analysis. To receive ALL of my trade alerts you'll need to (against house rules). All trade alerts will go out to everyone until I can prove success.
Best to you all!
- Stew
SNXUSDT at Support - Seeing confluence to go longSynthetix has been ranging between the current support of $2.95 and $3.60
I'm seeing a few points of confluence at support and see on the TPO and 30minute imbalance chart that there is a possibility of short traders being trapped at the low if price moves up sharply
Confluence:
1. Fibonacci golden pocket area
2. Value area low of the fixed range
3. Possible Trapped short traders
4. Failed aution on a TPO (Time Price Opportunity) chart
5. Bullish divergence on the 15m (Vumanchu cipher b)
Not Financial advice. DYOR. Papertrade before using real money.
If you like this idea, please comment, give a thumbs up and follow for more ideas like these.
Safe trading guys!
Shawn
How To Analyze Any Chart From Scratch - Episode 6Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on USDCAD, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
July 22' Sugar Futures Fibonacci Retracement Technical AnalysisDrawing a Fibonacci Retracement from the low of 17.36 made on Feb 3, to the high of 20.46 made on April 13, we have retraced 61.8% of the up move. 18.54 is that level, which was also the low of the day yesterday, May 4, 2022.
This is the line in the sand for bulls, but considering it held, and we are about to poke our head out above the Ichimoku Cloud, the odds are in their favor. 18.44 was the low of the day Mar 16, and a close below this level can take the market south to the ~18.00 level. Longs have a good risk/reward trade here, with stop levels positioned below 18.44.
Futures trading involves a substantial risk of loss and may not be suitable for all investors. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
How To Analyze Any Chart From Scratch - Episode 5Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on BTC, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich