TP1> if we manage to Trade/Bid above MAIN POC 3995, we can test > 4035 > 4056. TP2> if we Open/Trade below MAIN POC 3995 > we can test > 3960 > 3934 > 3914 (LIS-CPI POC). I'm not expecting any crazy swings in the markets for tonight GLOBEX and TOMORROW US CASH SESSION, probably sideways, choppy, as we have two major reports this week to finish 2022: > CPI...
TP1> Trade Plan 1 if we manage to Trade/Bid above MAIN POC 3937, we can test > 3960 > 3995 > 4036. TP2> Trade Plan 2 if we Open/Trade below MAIN POC 3937 we can test > 3914 (LIS-CPI POC) > 3845 > 3827.
Hi supporters A Cypher Bearish pattern is forming in timeframe 1M (X: Dec 2014, 94.049; A: Jun 2016, 69.232; B: Jul 2017, 83.910; C: Mar 2020, 59.490; D: Nov 2022, 87.456). If bearish Fibonacci traders dominate the market, we could find short opportunities in coming months. Cypher Bearish structures have appeared two times in Apr 2022 and Jun 2022. Stop Losses:...
📉 Text marks: 🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL. 🔹 ph, pl = protected high or low, which holds current structural impulse. 🔹 bos = break of structure . Based on candle body close below/above previous structural impulse. 🔹 rsz, rdz ...
Hey traders, I figured I'd share my ideas for swinging and day trading the SP500 over the next several days / weeks. I'm using the continues SP500 futures chart but this analysis should work on SPX and SPY as well with few (if any) differences. I'm going to do my best to make this post valuable even when this market structure is rendered broken by price action....
Top down analysis for EURUSD. Starting with the Weekly view, then looking for some entry opportunities on the smaller timeframes. == IN SUMMARY == Currently waiting for a pullback down towards 50% retracement of the current bullish impulse. Should we retrace to that level, I'll monitor for a potential buying opportunity to the upside. Share, Like, Comment
price is moving in a rising channel and also breaking a support . rally will continue until next fib level trade plan already mention in chart FX:USDJPY will take entry on next hl in shorter timeframe example. 15 mint
Choosing your STP loss determines your risk, and is essential part of executing your trade. On this trade analysis, we are looking at ticker F (Ford Motors) using the weekly (W) chart as the active chart, the price is selling off & coming into a Demand Zone (DZ). This DZ is also the last higher Low HL of the long-term (M) monthly uptrend. my trading strategy;...
== Key Takeways == * Wait for pullback to enter on 4 hour timeframe * First target ascending level of resistance * If we manage to trade back into the previous channel, monitor the 200 SMA on both the daily and weekly for continuation to the upside * Monitor inflation figures this week with CPI on Tuesday and PPI the following day on Wednesday.
This a trading plan based on the symbol BTC/BUSD - Binance . TA provided by Shade from Trade Hunters . All key levels and trading zones are marked in the chart (with all confluences noted in each zone). *not financial advice.
SPX Broke through the 3870 at open for a nice move and continued to melt up into our 3900 Target by close. This is a bigger momentum level here and top of the double bottom move off 3741. You have to keep in mind the market ran over 160 points now in the last three days and coming into weeks close. If 3900 doesn't hold early on we can see a quicker pullback to...
My short view for #ethereum, my view is Ethereum will revisit the 978 area, the worst thing if the fundamentals are not good I can touch the 670 figure
IF LUNA breaks its downtrend and does its retest, it may give a chance for long position. Or downtrend continues..
When i want to take a trade, I look for ODD ENHANCERS, the more odd Enhancers I have the more likely the market will turn in my favour. One of the most important Odd Enhancers is proper Risk to Reward ratio. Rs/Rw means how much am willing to risk if the trade goes against me, divided by how much Reward is trade gives if it is profitable. A properly weighted Rs/Rw...
The trend is your friend, until it...BREAKS! What do I mean by this? Well I will produce a video this week explaining what I mean by this and how fixed-income market is something you should be keeping an eye on Now $GBPAUD - Beautiful bearish movement we've had for a while but now we getting bullish candle! What does this mean? Sorry to disappoint you or to...
According to chart analysis, there are two plan that can be executed based on your instinct.
Choppy week it has been but we do have NFP tomorrow that could shake up the market to give further guidance A break to either direction for $AUD Trade Journal (Be careful of month end flows)
$EURGBP Another opportunity but be aware it is end of the month! Trade Journal