The EUR/USD pair benefited from modest selling pressure on the US Dollar (USD) and concluded Monday's session in positive territory. Recent days have witnessed a notable selling pressure with low volume observed in both the cross and the future of the EUR. Later in the session, the US Bureau of Labor Statistics will unveil the Producer Price Index (PPI) data for...
4.10pm - 5.40pm (1 1/2h session) Ill maybe trade more around the open; Im just experimenting with the times rn but so far it went well DONT MOVE THE SL!!!!!!!!!!!!!!!!!!!!!! PnL: +1 RR
As you can see on the weekly chart, I observe oversold conditions along with falling pattern that we are close to breaking through. Additionally, there is a divergence in the MACD. Finally, I have also analyzed fractals.
On the above 4-day chart price action has corrected 99% since January 2022. A number of reasons now exist to be long, including. 1) Price action and RSI resistance breakouts. 2) Multiple oscillators print positive divergence with price action. The higher the time frame you go the stronger the divergence. 3) While the market has been in full panic mode volume...
On the above 1-day chart price action has corrected 90%+ since October last. A number of reasons now exist to be long, including: 1) The ‘incredible buy’ signal prints. 2) Price action and RSI resistance breakouts. 3) Volume . I don’t know why, there’s a lot of accumulation on various exchanges for this token over the last month. Someone knows something I...
Hello traders and investors! I'll share the forecast I made in mid-March. On the weekly chart, there's a sideways movement, with a bullish vector 5-6 targeting 0.69205. On the daily chart, we also see a sideways movement, with a bullish vector 7-8 targeting 0.66345, 0.66676. I'm awaiting price interaction with the daily targets to update the forecast. For a more...
5pm - 8pm (most trades were within a 1h range; I might consider that for future sessions) - dont trade dumb trades (crazy) - watch out for key lvls - price testing highs or lows! PnL: +1 RR (couldve been +3 RR)
This is a short call that I had forced the last wave up to be an "ending diagonal". The reason for doing so is because of the price-volume divergence that is shown on the daily timeframe when AMZN was making a new high. For those who are familiar with "Ending Diagonal", the imperfection will to be pointed out is" "Wave 1" did not show clear 3 waves. "Wave 2" is...
1h trading session / 4.30pm - 5.30pm gotta learn some stuff: -dont move SL / TP -dont trade if it doesnt look good -no consolidating trades -watch the volume and momentum! -be flexible with trading times (4.30pm - 8pm) -dont cut the risk PnL: +0.5 RR (I cut the risk) possible: +3 RR
LMT looks very good accumulated volume is ready to move to a up zone
Retail short position now is 91%!! in my opinion will see soon pressure on AUDUSD
If I was oblivious to what NASDAQ:DJT was and someone asked me to look at it on stream I would say it was messy but a buy. Price has recaptured the Volume Profile Point of Control, tested it as Support twice, and is rising. I consider the stock an election year fun ticket more than an investment. One could play it as a proxy for poll numbers from now until November.
It has some potential to go up to 2.50 range. Currently sitting @ 1.88 and the volume is coming in. Grabbed some shares here as a starter.
Well, The price has go lower of 60K and take all lower zone of the volume profile, It's was a bearish trap. If the price will go lower the next support zone could be 50K. Now, At date. The range volume profile show to peaks. The price are little higher one first at 65K. The direction are range point of control at 67K500. The price has break the bearish trend...
After a long sideways move the stock is now attempting go on upward trajectory. Creasing relative strength and Money flow is supporting the up move. Momentum and Buying Pressure are also increasing. Recent increase in delivery volumes indicate good amount of accumulation. Today's ultra high volume is reason for caution. Once we have a positive close above 343 we...
There is nothing special about the stock right now. However, the volume and the price action might be an indication of a small bounce back. Worth watching. grabbed some 3.80
Why SOPA at this price range of $2.13. It is not breaking any major price action yet. But the volume is increasing under the radar. So I decided to take a trade on this.
I am looking for a retracement, and after that I believe the market will continue its uptrend.