This is a great example of how keeping certain things on watch and just taking 30-60 seconds each day to glance at and mark the daily chart can help you find intraday setups (with the initial levels coming from the daily chart). I don't know for sure as I keep this chart on watch so I'm always familiar with the levels... but I truly believe IF I DIDN'T know this...
Ascending support on JPM - some will also identify the pivot highs calling for a triangle pattern. Keep an eye on this support level if the market gets weaker - looking for things that were already lazy when the market was strong... looking for those to then get even weaker when the market gets weak... this is a good way to find intraday setups! Hope this chart...
Hi traders, Hope you enjoyed the holidays as much as the lockdown allowed you to! Let's take a closer look at one of my Monday trades. *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the description.* SPY was down for the first 1.5 hours and then retraced, spending the better part...
Quick Technical Analyses trading pair USDMXN First Point theres a Hidden Divergence between price and the RSI (Green Lines) This is a Bullish Trend Second, ascending wedge is forming, another bullish pattern. Only Bearish pattern is the the double tops, which was my first thought going into the trade. My price target for next week is 24.5 pesos if the bullish...
Sorry, this is my 1st video...haha. I work FT, so I have mainly been scalping the past 2 months. April 6th, markets gapped up 4-5% at open, price was above VWAP in entries. I waited for premiums to go down and usual sell off in 1st hour. I use 15 and 30 min timeframes for scalping. I entered the weekly 2050 call at 10:50 for 10%, then bought and sold my 2nd call...
He traders, Today I will look at BTC volatility and compared it to similar developments back in 2018, when BTC bottomed once volatility slowed down. If that's the case then I think that start of April can be very interesting. Take care, p.s. If you like my work, please support me with a LIKE or Commentary below.
MRF View MRF still looks Bullish , Unless the price breaks down below 64000 range. Upside move it may go to 70000 ,72000 & 74000 Zone to be look for price action is between 67000 & 68000.
Torrent Pharma forms double top on 1 Hr time frame, also forms symmetrical triangle pattern. If pattern breaks then expecting targets around 2080,2040,2000 and 1950. Entry range for shorting could be below 2190. Expecting good R/R ratio. View invalid if price moves above 2250. I will be posting complete analysis video soon. This is for educational purpose only.
Hi guys, we saw massive move today, jus to find it to bounce back whithin the XRP dominance chart. I think we can break, but nothing is for certain looking to move some more into XRP as it can outperform bitcoin in the next run. We also will need to sew Higher volumes for this to happen! I am not 100% convinced yet. Good luck!
Go pro has been in a symmetrical triangle for a while. Its due for a breakout soon! It could breakout up or down but surly will be a strong breakout. Be patient but feel a short today. looking for a great entry at the bottom symmetrical triangle support. Would be an amazing R-R . Happy trading all!
GBPCAD Broke Out of Ascending Pennant Showing Continuation of The Up Trend. Ascending Pennant Is When The Market Makes Higher Lowes And Equal Highs, This Pattern Tends To Break Out To The Up Side. As You Can See The Market Still Has Free Space of About 170 Pips Till It Hits The next Past Support To Become Future Resistance And Also The Trend Line.
In today’s marketinsights video recording, I talk about SPX and DXY . SPX keeps hitting fresh highs despite Fed's message to keep rates on hold until 2020. Trade wars do seem to be influencing flows more than anything else right now? Whatever the case, sharp upside and overbought hints to exhaustion! The DXY's recent upside though should be watched closely. It's...
Follow up video to previous post
Got it wrong...going down? This ones giving mix signals. If this is the case, we are in a BEAR MARKET again. Maybe it will do a double bottom but unlikely.
Ignore as its not complete as I'm continuing the series of play with the tool. ** However I'm giving insight to a CONTRACTING or SYMMETRICAL Triangle at play ** Hope I get it right. :)
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In today's #marketinsights video recording I analyse EURUSD and USDJPY! Euro, dragged lower by the reinstation of the QE programme, was able to reverse post-ECB losses on the back of: - Limited rate cut compared to markets expectations (only 10 basis points) - Draghi's call on governments for fiscal stimulus (supporting EA economies?) - Widening yield...