Best GOLD XAUUSD Psychological Levels Indicator on TradingView
There is one free technical indicator that will show you every significant psychological level on Gold XAUUSD chart.
It is available on TradingView and it is very easy to set.
Discover the best psychological support and resistance indicator for Gold trading , its settings and useful tips.
First, let's discuss the significance of psychological levels in GOLD XAUUSD analysis and trading.
The classic way of the search of significant supports and resistance is based on the analysis of a historic price action.
However, while Gold constantly sets new historic highs such a method does not work, because there are no historic resistances to rely on.
In such a situation, the only reliable strategy to find potentially strong resistances is to analyze psychological levels.
Psychological levels are the round numbers based price levels. Because of the common human psychological biases, these levels attract the interest of the market participants and the prices tend to react to them.
A great example of a psychological level in Gold trading is 3000 level.
It served as a resistance first and after a breakout turned into an important support.
And I found a free technical indicator that plots all the significant psychological levels efficiently.
One more thing to note is that I strictly recommend searching for psychological levels on a daily time frame, because it provides the most relevant perspective.
To use this indicator, search "round" in indicators wind ow.
It is called "Round numbers above and below".
Click on that and it will start working immediately.
You can see that the indicator plotted 3 significant psychological resistances above current prices and 3 supports below on Gold chat.
In the settings of the indicator, you can change the number of levels to identify and change the style of the horizontal lines.
Examine the reaction of the price to psychological supports that the indicator shows. These levels may remain significant in futures and applied for pullback/breakout trading.
With a crazy bullish rally that we contemplate on Gold this year, psychological levels will be the most reliable technical analysis tools for the identification of future bearish reversals and corrections.
This free technical indicator on TradingView will help you in search of the strongest ones.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
X-indicator
Ethereum and the Pectra Upgrade: ETH Growth PotentialEthereum is approaching a significant upgrade called Pectra, which, according to analysts at Trenovia Group, could become a major catalyst for ETH’s price appreciation—especially if network activity continues to rise.
What Does Pectra Bring?
Pectra continues Ethereum’s path toward greater technological maturity. The upgrade introduces enhancements to the Ethereum Virtual Machine (EVM), optimizes validator coordination, and strengthens smart contract security. As Trenovia Group highlights, such developments are essential to the platform's long-term competitiveness and stability.
Potential Impact on ETH Price
Based on Trenovia Group’s internal analysis, ETH could strengthen after the Pectra upgrade, assuming a rise in network engagement. Past events, such as The Merge, have historically driven price momentum. However, sustained growth depends on actual increases in user activity, transaction volumes, and new project deployments.
Network Activity as a Growth Indicator
Network usage is one of the most critical metrics tracked by Trenovia Group. A surge in active wallets, decentralized applications (dApps), and DeFi platforms often translates to higher demand for ETH. These indicators are at the core of our investment strategies and client advisory services.
Trenovia Group’s Position
As a company focused on digital asset analytics and blockchain innovation, Trenovia Group views Pectra as a strategically important upgrade. It further solidifies Ethereum’s role in decentralized finance and Web3. We will continue to deliver in-depth market insights and recommendations as the network evolves.
Conclusion
Ethereum is entering a new phase of development. Should the Pectra upgrade lead to a measurable increase in network activity, Trenovia Group anticipates a favorable environment for ETH growth, reaffirming its position as a leader in the crypto market.
Scalping and Swing Trading Strategies
A Guide to Optimizing on TradingView
Scalping and swing trading strategies are two popular trading approaches in Forex, OANDA:XAUUSD gold, and cryptocurrencies, enabling traders to capitalize on price movements for maximum profits. Scalping focuses on short-term trades with small gains, while swing trading targets longer-term trends. This article guides you on implementing these strategies on TradingView using tools like RSI, MACD, and Fibonacci. Let’s dive in to elevate your trading skills!
1. What is Scalping?
Scalping is a short-term trading strategy where traders execute multiple trades daily, capitalizing on small price movements (often a few pips). The goal is to accumulate small profits from numerous trades.
Timeframe: 1-minute (M1) or 5-minute (M5).
Suitable markets: Forex (EUR/USD, GBP/USD), gold (XAU/USD), or cryptocurrencies (BTC/USD).
Requirements: Quick reactions, strict risk management, and appropriate leverage.
Example: A scalper might buy EUR/USD when the price touches the lower Bollinger Band on an M5 chart and sell when it reaches the middle band.
2. What is Swing Trading?
Swing trading is a medium- to long-term strategy that captures “price swings” within larger trends. Traders hold positions for days to weeks to maximize profits from significant price movements.
Timeframe: 4-hour (H4) or daily (D1).
Suitable markets: Stocks, Forex, gold, and cryptocurrencies.
Requirements: Patience, trend analysis skills, and effective capital management.
Example: A swing trader might buy XAU/USD when the price hits the 61.8% Fibonacci level on an H4 chart and hold until it reaches the next resistance.
3. Why Use Scalping and Swing Trading Strategies on TradingView?
TradingView offers powerful tools to execute both strategies effectively:
Flexible price charts: Supports multiple timeframes and chart types (candlestick, Renko).
Technical indicators: RSI, MACD, Bollinger Bands, Fibonacci, and more.
Price alerts: Set notifications for when prices hit support/resistance levels.
Pine Script: Customize indicators or automate trading strategies.
Tip: Use TradingView’s “Replay” feature to test scalping or swing trading strategies on historical data.
4. Scalping Strategy on TradingView
4.1. Tools and Setup
Timeframe: M1 or M5.
Indicators:
Bollinger Bands (period 20, deviation 2).
RSI (period 14, overbought 70, oversold 30).
Trading pairs: EUR/USD, GBP/USD, or XAU/USD (due to high liquidity).
4.2. Trading Rules
Buy signal:
Price touches the lower Bollinger Band.
RSI <30 (oversold).
Confirmed by a reversal candlestick pattern (e.g., Doji).
Sell signal:
Price touches the upper Bollinger Band.
RSI >70 (overbought).
Confirmed by a reversal candlestick.
Risk management:
Set Stop Loss 5–10 pips below the nearest support.
Take Profit at 10–15 pips or when the price hits the middle Bollinger Band.
4.3. Example
On an M5 EUR/USD chart, if the price touches the lower Bollinger Band at 1.0850 and RSI <30, enter a buy order. Set Stop Loss at 1.0840 and Take Profit at 1.0865. Exit when the price reaches the middle band.
Image illustration: EUR/USD M5 chart with Bollinger Bands and RSI (optimize alt text: “EUR/USD scalping chart TradingView”).
5. Swing Trading Strategy on TradingView
5.1. Tools and Setup
Timeframe: H4 or D1.
Indicators:
Fibonacci Retracement.
MACD (12, 26, 9).
Moving Averages (MA50, MA200).
Trading pairs: XAU/USD, GBP/USD, or BTC/USD.
5.2. Trading Rules
Buy signal:
Price hits the 50% or 61.8% Fibonacci level in an uptrend.
MACD crosses above the signal line.
Price is above MA50.
Sell signal:
Price hits the 50% or 61.8% Fibonacci level in a downtrend.
MACD crosses below the signal line.
Price is below MA50.
Risk management:
Set Stop Loss below the nearest support (20–50 pips, depending on the pair).
Take Profit at the next resistance or a 1:2 risk-reward ratio.
5.3. Example
On an H4 XAU/USD chart, if the price hits the 61.8% Fibonacci level at $1,950 in an uptrend and MACD confirms a buy signal, enter a buy order. Set Stop Loss at $1,930 and Take Profit at $2,000.
Image illustration: XAU/USD H4 chart with Fibonacci and MACD (optimize alt text: “XAU/USD swing trading chart TradingView”).
6. Tips for Applying Scalping and Swing Trading Strategies
Combine with fundamental analysis: Economic news (interest rates, NFP reports) can impact prices, especially in Forex and OANDA:XAUUSD gold.
Backtest strategies: Use TradingView’s “Replay” mode to test strategies before live trading.
Manage emotions: Scalping requires intense focus, while swing trading demands patience. Choose the strategy that suits your personality.
Optimize costs: Scalping incurs high spread costs, so choose a broker with low spreads.
7. Conclusion
Scalping and swing trading strategies offer profitable opportunities in Forex, OANDA:XAUUSD gold, and cryptocurrencies, depending on your trading style. With TradingView’s powerful tools like Bollinger Bands, Fibonacci, and MACD, you can easily implement these strategies. Try scalping on EUR/USD or swing trading on XAU/USD today and share your results with the TradingView community! Sign up for TradingView to explore more features and optimize your trading.
European Stocks Rise Amid Positive NewsEuropean stock markets are experiencing a steady rise, buoyed by a series of encouraging developments that have boosted investor confidence and driven share prices higher. This wave of optimism is being fueled by both internal economic signals and an improving global environment, including stabilized interest rates and signs of a business rebound.
What's Driving the Growth?
One of the primary catalysts behind the rally is recent economic data showing a slowdown in inflation across the eurozone, alongside a revival in consumer demand. These indicators have strengthened expectations that the European Central Bank may soon pivot from a tight monetary stance to a more accommodative approach. Investors have welcomed these signals as evidence that the regional economy is adjusting well to challenging conditions and avoiding a deeper downturn.
Additionally, stronger-than-expected quarterly earnings reports have played a key role in lifting stock prices, particularly in the banking, technology, and industrial sectors. Major players such as Siemens, BNP Paribas, and SAP have posted solid gains, reflecting broader confidence in corporate resilience.
Renewed Investor Interest in Europe
Improving macroeconomic indicators are drawing renewed attention to European assets. With risks appearing more contained and equity yields remaining attractive, many investors are beginning to view the region as a compelling opportunity. Stock exchanges in Germany, France, and the Netherlands have stood out, showing consistent growth and high trading volumes.
Geopolitical factors are also contributing to the market’s upbeat tone. Gradual normalization of trade relations with key partners and the strengthening of the euro on foreign exchange markets are adding to investor enthusiasm.
What’s Next?
Analysts suggest that if current trends continue, European indices could reach new yearly highs. Key factors to watch in the near term include upcoming central bank decisions and fresh data on GDP growth and employment. Nevertheless, the present sentiment points toward confidence in the ongoing recovery.
Conclusion
The European stock market is entering a phase of stable growth, driven by favorable economic indicators, manageable inflation, and an improving business climate. Positive news continues to give investors reasons for optimism, and if momentum holds, Europe could emerge as one of the top-performing investment regions in the coming months.
Why Gold Is Pulling Back Now – May 2025 Update⚡️After surging above $3,500/oz in late April, gold has since declined over 8%, recently breaking below key levels and now trading near $3,210. The retracement reflects fading panic buying and growing attention to fundamental drivers: U.S. monetary policy, the strong dollar, easing geopolitical risks, and completed trade agreements. Here’s a breakdown of the leading catalysts and their current impact (ranked 0–10).
1. Fed “Higher for Longer” Bias Strength: 9/10 The Fed kept interest rates at 4.25–4.50% at its June policy meeting and reiterated its cautious stance. The absence of cuts combined with persistent inflation pressure is lifting real yields and undercutting gold’s appeal as a non-yielding asset.
2. U.S. Dollar Resurgence Strength: 8/10The U.S. Dollar Index (DXY) has climbed above 101 as investors digest the Fed’s hawkish tone. A stronger dollar reduces global gold demand, especially from non-USD buyers.
3. U.S.–China Trade Agreement Reached in Switzerland Strength: 7.5/10 A formal trade deal was announced in Geneva in May, easing longstanding tariff tensions. While specific tariff rollback details are pending, markets welcomed the de-escalation, pushing investors away from gold and into risk assets.
4. U.S.–U.K. Trade Deal Signed Strength: 7/10 The U.S. and U.K. finalized a bilateral trade agreement in early May, boosting global sentiment and further reducing the geopolitical premium priced into gold.
5. India–Pakistan Border De-escalation Strength: 6.5/10 After brief clashes in Kashmir in mid-May, both sides have since released statements of restraint. The calm has helped cap gold’s safe-haven bids.
6. Iran–U.S. Nuclear Talks Update Strength: 6/10 Talks resumed in Vienna in May with cautious optimism. While no concrete deal has been signed, progress and diplomatic language from both sides have eased fears of escalation.
7. Russia–Ukraine Ceasefire Developments Strength: 5.5/10 Localized ceasefires in eastern Ukraine, brokered by Turkey and the UN, have lowered near-term geopolitical risk. However, skepticism remains around long-term stability.
8. ETF Inflows & Institutional Demand Strength: 5/10 ETF inflows slowed in May (up just 48.2 tonnes), reflecting waning retail momentum. Still, central bank buying—especially from China—offers a medium-term cushion.
Catalyst Strength Rankings (May 2025)
🔸Fed “higher for longer” bias 9
🔸U.S. dollar rebound 8
🔸U.S.–China trade agreement 5.5
🔸U.S.–U.K. trade deal signed 5
🔸India–Pakistan border easing 6.5
🔸Iran–U.S. nuclear diplomacy 6
🔸Russia–Ukraine ceasefire 5.5
🔸Global gold ETF & central-bank inflows 5
Where Next for Gold?
⚡️Current price: ~$3,210/oz
📉Recent support levels broken: $3,300 and $3,250
🎯Next technical floor: $3,150/oz
✨Upside triggers: Renewed dollar weakness, inflation surprise, or geopolitical flare-up
Gold’s recent drop reflects the market's rotation out of fear-driven trades into yield-bearing and risk assets. While the Fed and the dollar remain dominant forces, any shock—whether geopolitical or inflationary—could quickly reignite interest in gold as a hedge.
Golden Rejection Candle Strategy–Catch Explosive Intraday Moves!Hello Trader!
Are you tired of buying options and watching premiums die slowly?
Or chasing breakouts that reverse the moment you enter?
Here’s your solution – the Golden Rejection Candle Strategy , designed especially for option buyers who want timed entries, fast momentum, and defined risk .
What is a Golden Rejection Candle?
A special candlestick that forms when price hits a strong level (like VWAP, trendline, or demand/supply zone) and gets instantly rejected.
It leaves behind a long wick (shadow), showing that buyers or sellers stepped in with force .
This candle often marks the start of a sharp intraday reversal .
It's not just a random wick — it’s a smart money footprint .
Live Chart Example – Nifty Spot vs Option Premium (23950 CE)
Date: 9th May 2025
Timeframe: 1 min (Spot), 1 min (Options)
Spot Chart Setup: Nifty approached a marked green support zone and created a strong wick rejection with a small body candle — classic sign of buyers defending the level.
Confirmation Candle: The next candle broke above the rejection candle’s high, confirming the reversal setup.
Premium Reaction: On the 1-min ATM Option chart (23950 CE), premiums jumped from 270 to 344 – a clean 26% gain within few minutes.
Risk-Reward Snapshot: Entry was at breakout, SL just below rejection wick, and target hit in a single momentum burst — the kind of move option buyers live for.
How to Trade It as an Option Buyer
Choose the Right Strike: Use ATM or slightly ITM options to get faster movement when price reverses.
Entry Strategy: Wait for the next candle to break the rejection candle’s high/low. No break = No trade.
SL Placement: Keep it just beyond the wick. Small loss if wrong, big reward if right.
Exit Plan: Aim for intraday resistance/support or spike-based exits — option premiums often give quick moves post-rejection.
What NOT to Do:
Don’t enter on the rejection candle itself — wait for confirmation.
Avoid trading this pattern in low volume or middle of the range.
Don’t hold blindly — if premium spikes, take the money and run!
Rahul’s Tip:
“Sudden reversals are where option buyers make money — not slow trends. The rejection candle shows intent. The breakout shows confirmation. Combine both.”
Conclusion:
The Golden Rejection Candle Strategy gives you an edge that most random trades lack — timing, context, and structure.
If you're an option buyer, this can be your go-to setup to avoid traps and enter only when smart money steps in.
No more guessing. No more fear.
Just clean, price-action-based entries that make sense.
👇 Have you ever used rejection-based setups? Drop your favorite trade below! Let’s learn together.
If you found this post valuable, don't forget to LIKE and FOLLOW!
I regularly share real-world trading setups, actionable strategies, and learning-focused content — all from real trading experience , not theory . Stay connected if you're serious about growing as a trader!
Are You Using Technical Indicators All Wrong?Most indicators aren’t broken. Most traders use them wrong.
Thousands of traders rely on RSI, MACD, and moving averages — and most of them still lose money. Why? Because they use tools the wrong way, in the wrong context, with the wrong mindset.
Let’s break it down:
1. Indicators don’t predict — they react.
RSI hitting 30 doesn’t mean “buy”. It means selling pressure dominated recently.
2. One tool ≠ one strategy.
MACD or CCI alone won’t build you a system. Context, confluence, and confirmation matter.
3. Emotional confirmation kills discipline.
Seeing RSI 70 after price moves doesn’t mean you’re late. It means your emotions want to join the move — not your logic.
🚨 Solution?
Use indicators as filters, not triggers.
Build rules. Track what works. Trade the system — not your excitement.
Want to see more posts like this? Let us know — We're preparing a series of deep-dives into indicator psychology and structure.
PEPE - This is why price explode - Speed Index ReadingThere is always a reason why price explodes either true or fake. The criteria to look at are:
- Location - very important - where is the price locate - higher probability trades accomplished when the price leaves a significant location such us Fib, Sup/Res, AVWAP
- The volume waves - nothing moves without volume - sometimes is not so visible by the volume waves alone because they distribute or accumulate little by little, that's why we have Speed Index
- Reading Speed Index
- The proper entry signal
In the attached chart I will demonstrate how I read it using the above criteria (annotations are in sync with the chart):
1. Price entering Fib Area 50-61.8 - possibility of buyers to come in
2. Price touching AVWAP (three blue lines) coming from the bottom of a previous swing acting as resistance - another possibility of buyers to come in.
3. Speed Index 6.4, that's an abnormal speed index , that what I call first push up or PU, price never drops below the beginning of this wave
4. Speed Index 11.1, that's another abnormal speed index and that's what I call a hard to move down (HTMD) . What's happening here is that all the sell orders are absorbed by buy orders and price breaks on the up wave the origin of the HTMD wave.
5. Finally the entry Long with a PRL (Plutus Reversal Long) signal an up,up,up, we go!!!
I hope my years of work helps you out on reading charts!
Enjoy!
Unlocking the Power of TradingViewWhether you're a forex newbie or a seasoned trader, having the right tools can make or break your trading success. One platform that consistently stands out is @TradingView charting powerhouse packed with features designed to give you an edge. I @currencynerd I'm all about helping traders stay smart and stay sharp, so here’s a look at @TradingView features that can enhance your trading game.
1. Advanced Charting Tools
TradingView's clean, responsive charts are one of its strongest features. You can customize everything—from chart types (like Heikin Ashi, Renko, or Line Break) to timeframes (including custom ones like 3-minute or 8-hour charts). Multiple chart layouts allow you to view several pairs or timeframes side by side—perfect for multi-timeframe analysis.
Pro Tip: Use the “Replay” feature to practice backtesting and understand market behavior in real-time.
2. Built-in Technical Indicators
TradingView offers hundreds of built-in indicators (RSI, MACD, Bollinger Bands) and community-created ones. You can also stack multiple indicators on the same pane for cleaner setups.
my is Favorite: “Pako Phutietsile's <50%”, which is an automatic indicator that detects and marks basing candles on the chart. A basing candle is a candle with body length less than 50% of its high-low range. This is essential for supply and demand traders.
3. Pine Script for Custom Strategies
If you're serious about systematizing your edge, Pine Script lets you build and backtest custom indicators and strategies. Even with basic coding knowledge, you can automate entry/exit rules, alerts, and more.
Nerdy Bonus: Many user-generated indicators are open source. Tweak them to fit your style.
4. Smart Alerts
Set price, indicator, or drawing-based alerts that trigger via popup, email, or even webhook. This means you don’t need to watch the chart all day—TradingView becomes your eyes on the market.
Example: Get an alert when RSI crosses below 30 on GBP/USD or when price hits a key Fibonacci level.
5. Economic Calendar & News Integration
Stay ahead of market-moving events with TradingView's built-in Economic Calendar and News Feed. You can filter by currency or event impact to focus only on what matters to your trades.
6. Community & Script Library
TradingView’s social side is underrated. Thousands of traders share ideas, scripts, and trade setups. It’s a great way to test your biases or discover new strategies.
Tip: Follow high-reputation contributors in the trading/investing space and learn from their setups.
7. Multi-device Access & Cloud Sync
Access your charts and watchlists from anywhere. Whether you're on desktop, tablet, or phone, everything stays synced in the cloud. You can start charting at home and get alerts on your phone while you're out.
Final Thoughts:
@TradingView isn’t just a charting tool—it’s a full-fledged trading assistant. Whether you're looking to simplify your workflow, test strategies, or get real-time alerts, the platform can enhance every part of your trading process.
If you haven’t explored these features yet, give them a try. And if you're already using TradingView like a pro, let us know your favorite features in the comments!
Stay sharp, stay nerdy. — @currencynerd
one of the most underrated charts : M2(money supply)When it comes to forex and macro trading, it's easy to get lost in charts, indicators, and economic calendars. But one of the most overlooked—and incredibly powerful—macro indicators is the M2 Money Supply. In this post, we’ll break down what M2 really is, why it matters, and how traders like you can use it to get an edge.
💰 What Is M2 Money Supply?
M2 represents the total amount of money in circulation in an economy, including:
M1 (physical cash + checking deposits)
Savings deposits
Money market securities
Time deposits (under $100,000)
In simple terms: M2 tracks how much money is sloshing around in the system.
🧠 Why Traders Should Care About M2
When M2 goes up significantly, it often signals that a central bank is easing monetary policy—i.e., printing more money, keeping interest rates low, or using QE (quantitative easing). Conversely, when M2 contracts or slows, it suggests tightening, and could signal reduced liquidity, higher rates, or a slower economy.
M2 = Macro Liquidity Meter
And liquidity drives markets—especially currencies.
⚙️ How to Use M2 in Your Trading Strategy
Here are 3 ways you can incorporate M2 into your macro trading toolkit:
1. Gauge Inflation & Currency Value
When a country expands its money supply rapidly (like the U.S. did during COVID), the purchasing power of its currency often declines, especially against currencies with tighter monetary policy.
✅ Watch for divergences: If M2 is growing fast in one country and flat in another, that’s a potential FX opportunity.
📉 Example: USD weakened sharply post-COVID when M2 surged.
2. Confirm Trends in Interest Rates
M2 often leads or confirms central bank policy.
Shrinking M2 → Tighter conditions → Rising rates → Currency bullish
Expanding M2 → Easier policy → Lower rates → Currency bearish
Use it alongside yield curve analysis and central bank projections.
3. Identify Risk-On/Risk-Off Regimes
A rising M2 usually supports risk assets like equities and EM currencies. Falling M2 can trigger liquidity squeezes, flight to safety, and stronger demand for USD or JPY.
Use M2 as a macro filter for your risk appetite.
Watch for turning points in M2 to anticipate market regime shifts.
🔎 How to Track M2 on @TradingView
Open a new chart and search for:
🔍 FRED:M2SL – U.S. M2 Money Stock (seasonally adjusted)
You can also compare this against:
DXY (US Dollar Index)
USDJPY, EURUSD, or other major FX pairs
U.S. 10-Year Yields (US10Y) or Fed Funds Rate (FEDFUNDS)
Add M2 as an overlay or sub-chart for macro context.
Use the "Compare" tool to visualize divergences with currency pairs.
📌 Final Thoughts
M2 might not give you minute-by-minute trade signals like an RSI or MACD, but it offers something far more powerful: macro context. When used with other indicators, it can help traders:
Anticipate currency trends
Understand shifts in monetary policy
Position for regime changes in risk appetite
Remember: the smartest traders aren’t just charting price—they’re charting liquidity. And M2 is the ultimate liquidity map.
put together by : @currencynerd
LTC Long - Learn to read Weis Wave with SI- Target hit overnightLearning to read the chart using Weis Wave with Speed Index will help you understand how the market works. Speed Index is very valuable to understand if there is absorption happening in the market. Remember that absorption takes time, it takes hours or sometimes days, so you have to be patient. In this chart I will explain how to read this 1HR LTC chart using Speed Index and why we had this explosion in price. I have entered long (my target was hit overnight). Annotations on chart are in sync with my below notes.
Reading:
1. We had a high volume down move (buyers could be in there but I am not sure yet)
2. We have touched 50-61.8 Fib area - If buyers would like to enter this is a great area.
3. Speed Index 29 that's an Abnormal Speed Index. Why is it abnormal? Because at that time the average Speed Index of 30 waves back was 15. I call this as the first Push or the first absorption. Buyers are entering.
4. Speed Index 78.7 another abnormal SI -> more buying
5. Speed Index 37 on a down wave that's what I call a HTMD (Hard to move down) more buying and finally a PL (Plutus Long signal) breaking by a bit the previous resistance level. This is where I have Entered Long.
6. Another HTMD , hard to move down wave with Speed Index 32.2, more buying and another Plutus long signal PRL.
Therefore the explosion is completely justified because it has a history of several hours of absorption. If you were to read just volume waves you would not be able to see this coming Speed Index alerts that something is cooking and when the time is right you enter (PL signal)
I hope my above explanations helped you.
Enjoy!
Trading Strategy and CEX Screen
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
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CEX(Centralized Exchange): Centralized Exchange
DEX(Decentralized Exchange): Decentralized Exchange
As coin futures trading becomes active, I think they started classifying the coin futures charts of CEX exchanges.
-
Tradingview supports various screeners.
There are several screeners in the menu at the bottom, so check them out.
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As the coin market grows, it is being classified into various themes.
I think this movement means that it is evolving into a form similar to the existing stock market.
If this classification continues to be segmented, it is likely that individual investors will eventually find it increasingly difficult to make profits.
Therefore, in order to adapt to these changes, your investment style, that is, your trading strategy, must be clear.
The trading strategy must be clear on 1. Investment period, 2. Investment size, 3. Trading method and profit realization method.
The above 1-3 must be clear.
You must classify the coin (token) you want to trade by investment period, and determine the investment size according to the investment period.
And, you must proceed with the transaction by determining the trading method and profit realization method accordingly.
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To create a trading method, you must check whether there is support near the HA-Low and HA-High indicators and create a trading method accordingly.
Basically, when the HA-Low indicator rises, it is a buying period, and when the HA-High indicator is met, it is a selling period.
In most cases, trading occurs in the HA-Low ~ HA-High indicator range as above.
If it is supported by the HA-High indicator and rises, it will show a stepwise upward trend, and if it is resisted by the HA-Low indicator and falls, it will show a stepwise downward trend.
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If you can trade in decimals like the coin market, you can set a different profit realization method.
Basically, you will sell the number of coins (tokens) you purchased and earn cash profits.
However, if you can trade in decimals, you can increase the number of coins (tokens) by selling the amount of the purchase principal.
In this way, you can increase the number of coins (tokens) corresponding to the profit and earn large profits in the mid- to long-term.
You can decide whether to earn cash profits right now or increase the number of coins (tokens) for the future depending on your investment style.
For example, I think it is a good idea to increase the number of coins (tokens) corresponding to the profit for coins (tokens) that can be held for the long term, such as BTC and ETH.
Therefore, you should think about which coin (token) to hold for the long term and decide on the profit realization method accordingly.
This method can reduce the pressure on funds even if the trading period is long because the investment money is rotated.
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Thank you for reading to the end.
I hope you have a successful transaction.
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From Gut to Algorithm: How AI Is Changing the Game for TradersArtificial Intelligence isn't just changing tech — it’s rewriting the rules of trading and investing.
What used to be the domain of seasoned floor traders and intuition-driven bets is now increasingly dominated by algorithms, machine learning models, and predictive analytics.
Here is how AI changing the markets — and what it means for traders like you.
📈 AI in Action: How It’s Used in Markets
AI impacts trading in ways both seen and unseen. Here’s how:
Algorithmic Trading:
High-frequency trading (HFT) firms use AI to make thousands of trades per second, exploiting tiny inefficiencies.
Sentiment Analysis:
AI scans news articles, social media, and earnings calls to gauge market mood before humans even blink.
Predictive Analytics:
Machine learning models digest millions of data points to forecast stock movements, currency fluctuations, and market trends.
Portfolio Management:
Robo-advisors like Betterment or Wealthfront use AI to automatically rebalance portfolios — making decisions humans might overthink.
Risk Management:
Banks and hedge funds use AI to predict and manage market risks faster than traditional risk teams ever could.
🤖 Why AI Is a Game-Changer for Traders
AI isn’t just about speed. It's about edge.
✅ Processing Power:
AI can analyze complex patterns across decades of historical data — something a human could never do in a lifetime.
✅ Emotionless Trading:
AI doesn’t panic, get greedy, or revenge trade. It executes the plan — consistently.
✅ Adaptive Strategies:
Machine learning models evolve over time, adjusting to changing market conditions without needing a human hand.
⚠️ The Dark Side: Risks and Challenges
AI isn’t magic. It introduces new risks into markets:
Flash Crashes:
Algorithms can amplify volatility — causing sudden, violent moves like the 2010 Flash Crash.
Overfitting:
AI models might "learn" patterns that don’t actually exist, leading to disastrous real-world trades.
Market Homogenization:
If everyone uses similar AI models, trading strategies become crowded — making the market more fragile.
Ethical Concerns:
Who is accountable if an AI trader manipulates a market unintentionally? Regulators are still catching up.
🧠 What This Means for You
Whether you’re a day trader, swing trader, or long-term investor, understanding AI is becoming a competitive necessity.
Retail traders are starting to access AI-powered tools once reserved for institutions.
Custom indicators, predictive models, and smart portfolio managers are more available than ever.
But remember: AI is a tool, not a crystal ball.
Human judgment, risk management, and emotional discipline still matter.
In the end, the best traders will be those who can combine machine intelligence with human intuition.
in conclution:
Markets have always rewarded those who adapt.
AI isn’t replacing traders — it’s changing what trading looks like.
The future belongs to those who can learn faster, adapt smarter, and trade sharper.
Stay curious.
Stay strategic.
Stay ahead.
put together by: @currencynerd
courtesy of: @TradingView
Bitcoin Stabilizes at $94,000 — What's Next?Following a strong rally in early 2025, Bitcoin is now showing signs of stabilization, hovering around the $94,000 mark. For a notoriously volatile asset, this steady price movement might seem unusual. However, this calm may be the calm before the storm—either a breakout or a pullback. So, what’s behind this current phase of Bitcoin’s price?
Firstly, all eyes are on the U.S. Federal Reserve. Investors are nervously anticipating its next interest rate decision. As always, monetary policy acts as a major catalyst for risk assets. A rate cut could boost inflows into the crypto market, while a hike might lead to capital outflows and dampen sentiment.
Secondly, retail investor activity appears to be cooling. Trading volumes have declined compared to the high levels seen in February and March, when the market was filled with euphoria. Now, we are witnessing a period of cautious waiting. The "Fear and Greed Index" reflects this, hovering around neutral territory, indicating market indecision.
From a technical standpoint, analysts identify two key levels: strong resistance near $100,000 and a support zone around $90,000. As long as Bitcoin remains within this range, short-term traders are operating in a sideways market while longer-term investors remain on standby.
Beyond macroeconomic factors, crypto-specific developments will also influence BTC’s price. Important upcoming events—such as Ethereum’s upgrade, potential regulatory changes in the UK and Japan, and global crypto conferences—could all act as catalysts.
Institutional investors are another major factor. Companies like MicroStrategy continue to accumulate Bitcoin, adding confidence to the asset’s long-term outlook. If more institutions follow suit, Bitcoin could see increased demand and stronger bullish momentum.
In the near term, market participants are advised to stay cautious. Bitcoin may continue consolidating until a clear macro or market-specific catalyst emerges.
All in all, $94,000 is more than just a number. It represents a temporary equilibrium of forces—bullish and bearish. The question is not whether Bitcoin will move again, but when and in which direction.
Session Realtime BarJust an idea for better visuals, use 2 of the SessionBar indicator on the chart use the spacing setup with the active bar to the left of the overnight bar in the other indicator...
One indicator for the Active Session Bar: indicating the current session bar.
2nd indicator for the Overnight Session Bar: indicating the overnight session bar.
MACD: More Than Just a Crossover ToolHello, traders! 🔥
The MACD (Moving Average Convergence Divergence) indicator is one of the most trusted tools in technical analysis — but often one of the most oversimplified. While many traders focus on signal line crossovers, the real power of MACD lies in its ability to visualize market momentum, subtle shifts in trend strength, and early signs of potential reversals.
Let’s unpack how MACD behaves using the weekly BTC/USDT chart ✍🏻.
🔧 Understanding the Mechanics
At its core, MACD is the difference between two exponential moving averages — typically the 12-period EMA and the 26-period EMA. The result is the MACD line (blue). The orange line represents a 9-period Exponential Moving Average (EMA) of the MACD line, commonly referred to as the signal line. The histogram reflects the distance between them, helping to visualize when momentum is building or fading.
📊 MACD in Action — Weekly BTC Chart Breakdown
Looking at the BTC/USDT weekly chart, several notable MACD behaviors stand out:
1. The Bullish Acceleration in Early 2023
In early 2023, MACD crossed above the signal line, accompanied by a sharp rise in the histogram. This indicated strong positive momentum, as the price began recovering from the 2022 lows. The histogram’s expansion confirmed increasing divergence between the short- and long-term EMAs — a classic sign of trend acceleration.
2. Peak Momentum in Late 2023
Around late 2023, the MACD line peaked while the histogram also reached maximum height. This wasn’t just a confirmation of strength — it also hinted that momentum may have reached a climax. Despite price continuing to rise slightly, the MACD curve started to flatten — an early warning of potential exhaustion in trend strength.
3. Bearish Convergence into Q1 2025
In early 2025, the MACD line turned downward and eventually crossed below the signal line, while the histogram flipped to red. This reflected a cooldown in bullish momentum rather than an immediate reversal. What’s notable is how price didn’t collapse sharply, but moved into a pullback phase — illustrating how MACD can show momentum softening before price visibly reacts.
📌 What This Can Tells Us
The MACD indicator on this weekly BTC chart shows how momentum often shifts before the trend itself breaks. Each crossover, divergence, or histogram change is not a guarantee, but a cue to pay closer attention.
Key takeaways:
Strong Histogram Expansion = Confidence in the Current Move.
Peaks in MACD Without Price Making New Highs = Potential Divergence.
Shrinking Histogram + Converging Lines = Momentum Stalling.
🧠 Final Thought
MACD isn’t just about “buy when it crosses” or “sell on red bars.” It’s a narrative tool, showing how the story of the price develops beneath the surface. On higher timeframes, such as the weekly chart, it can potentially highlight macro momentum shifts long before they become apparent in price action alone.
PineScript v6: Conditional Expressions from Libraries
I thought it appropriate to make some quick notes on calling conditional expressions from PineScript v6 libraries, seeing as I have recently updated all of my libraries to v6 and most of my function exports output booleans or values that are ultimately derived from other functions that output booleans.
When calling functions in v6 that output booleans or values derived from other functions that output booleans, it is best practice to first declare the function return globally before you use said output as input for anything else.
For example, instead of calling my swing low and uptrend functions (which both return booleans) as part of a broader conditional expression:
//@version=6
indicator('Example Conditional Expression 1')
import theEccentricTrader/PubLibSwing/3 as sw
import theEccentricTrader/PubLibTrend/2 as tr
uptrend = sw.sl() and tr.ut()
plotshape(uptrend)
I would first declare the function returns as global variables and then call the broader conditional expression using said variables:
//@version=6
indicator('Example Conditional Expression 2')
import theEccentricTrader/PubLibSwing/3 as sw
import theEccentricTrader/PubLibTrend/2 as tr
sl = sw.sl()
ut = tr.ut()
uptrend = sl and ut
plotshape(uptrend)
This demonstrates different behaviour from v5, where you could combine functions that output booleans in conditional expressions without error or warning.
The same also applies to functions that output values derived from other functions that output booleans. In the example below, my swing low price and bar index functions output float and integer values, respectively, but these values are derived from the swing low function, which is a function that returns a boolean. So these return values should also be first declared globally for later use, just like the swing low and uptrend functions:
//@version=6
indicator('Example Conditional Expression 3', overlay = true)
import theEccentricTrader/PubLibSwing/3 as sw
import theEccentricTrader/PubLibTrend/2 as tr
sl = sw.sl()
ut = tr.ut()
slp_0 = sw.slp(0)
slpbi_0 = sw.slpbi(0)
slp_1 = sw.slp(1)
slpbi_1 = sw.slpbi(1)
if sl and ut
line.new(slpbi_1, slp_1, slpbi_0, slp_0, color = color.green)
This is how to read the chart using Weis Wave with Speed IndexReading the chart:
1. We have bottom down and we pull back with high up volume waves, approaching the Fib area. Notice how SI is increasing on the up waves as we are reaching Fib from 13.3 to 15.7 to 18.4 and last not able to break previous resistance at 20.4. This means sellers are absorbing all buy orders of people entering long thinking that the trend will continue.
2. Notice the up volume wave with SI 20.4 and respective pip move right above it which is small compared to the amount of volume used - This is absorption.
3. The highest PVR bar at the beginning of the down wave - more sellers
4. Entry Short on the Plutus Short signal
Notice all the Short signals following confirming the continuation of the down move!
Simple as that, if you are able to read the chart and not just following signals from an indicator.
Enjoy!
How to Trade Gold with AI-Powered Algos in 2025📊 How to Trade Gold with AI-Powered Algos in 2025
A practical action plan for serious gold traders
🔍 1. Know Why Gold Requires Custom Algo Tactics
Gold is volatile, news-sensitive, and driven by macro events like Fed policy, geopolitics, and inflation. Generic stock or crypto bots fail here — gold needs precise, event-aware automation.
🧠 2. Use AI-Powered Bots Trained for Gold Volatility
Deploy bots that adapt to real-time data like CPI releases, bond yields, and geopolitical headlines. Use machine learning models that detect gold breakouts, consolidations, and safe-haven flows.
Top AI algos for gold traders: Multiple systems based on MT4/MT5
Fully-automated, AI-based gold bot with breakout detection, precision entries, and built-in risk control.
⚙️ 3. Build or Choose the Right Algo Strategy for Gold
Trend-Following: Use 21/50 EMA crosses on H1 and H4
Mean Reversion: Bollinger Band fades in range-bound sessions
Breakout Algos: Trigger trades on CPI or FOMC event volatility
Volume-Based AI: Analyze volume spikes vs. historical patterns
🧪 4. Backtest Gold-Specific Models
Always test your bot using historical gold data, especially during NFP weeks, Fed meetings, and geopolitical escalations. Use data from 2018 to 2024 for high-volatility periods.
Tools: TradingView for Pine Script testing, MetaTrader 5 for EA deployment
🛡️ 5. Control Risk with Gold-Specific Parameters
Max drawdown: Keep under 15 percent
Stop-loss: Always use hard stops (not just trailing)
Position sizing: 0.5 to 1 percent of capital per trade
Use volatility filters: Avoid entries during thin liquidity hours
🔄 6. Automate Monitoring and Adaptation
Run multiple bots for breakout, momentum, and reversal setups
Use dashboards to track gold-specific metrics like VIX, USDX, DXY, and 10Y Treasury yields Integrate AI that adjusts parameters after major data releases
🚀 7. Prepare for 2025 Market Structure
Gold is increasingly driven by
Central bank digital currency rollouts
USD de-dollarization risks
Global stagflation or recession themes
DeFi and tokenized gold products
Your algo must factor in these macro narratives using real-time data feeds
📌 Gold Algo Trading Success Plan 2025
Use AI bots built for gold volatility
Trade high-probability breakouts post-news
Backtest with gold-specific macro filters
Maintain strict risk limits with max 15 percent drawdown
Monitor global news and macro data with bot triggers
Continuously optimize and adapt
Gold is not just a commodity — it’s a signal of global risk. Automate smartly, manage risk tightly, and use AI to stay one move ahead.
How to Enter Trades the RIGHT Way!In this video, we're tackling an important question from our community member who's been crushing it in paper trading but faces the common challenge of entering trades blindly based on alerts, fearing they'll miss out otherwise.
We'll discuss:
Why blindly following signals can hurt your long-term success
The power of context in market structure: Why waiting for price to hit key support/resistance levels drastically improves your entries
A practical approach to manage FOMO: How scaling into trades can balance quick reaction times with better entries and tighter stops
Real examples of good vs. rushed entries, highlighting the impact on your risk-to-reward
The VWAP Blueprint: Your Gateway to Smart Money MovesVWAP: Volume Weighted Average Price
What is VWAP?
VWAP stands for Volume Weighted Average Price. It’s a trading benchmark that gives the
average price an asset has traded at throughout the day, weighted by volume. This makes it
more accurate than a simple moving average, especially for intraday analysis.
Unlike regular moving averages that treat every price equally, VWAP emphasizes price levels
where heavier trading occurred, providing a realistic snapshot of the true average market price institutions and algorithms are interacting with.
The VWAP Bounce + Rejection Entry Strategy helps you enter trades at optimal zones of value
using the Volume-Weighted Average Price (VWAP). This dynamic line acts as a magnet for
price and often becomes a bounce zone when volume aligns.
Instead of guessing support or resistance levels, this strategy lets you use VWAP as a real-
time value guide, waiting for price to pull into it, show rejection, and bounce away with
momentum.
How VWAP Works
The VWAP is calculated cumulatively from the market open:
VWAP = (Cumulative Price × Volume) / Cumulative Volume
With each tick or candle:
Multiply the price by volume.
Add it to the previous cumulative total.
Divide by the total volume so far.
This means VWAP resets daily and builds throughout the session, offering real-time insight
Into what traders are willing to pay based on volume-weighted interest.
Why VWAP Matters
When price pulls back into VWAP and bounces with rejection, it signals that traders are
defending value. Smart money often uses VWAP as a tool for entries or exits. When you align
with that behavior and combine it with a clean rejection candle, you get a high-probability
trade setup that’s based on logic and flow, not emotion.
1. Institutional Benchmark
Institutions and smart money often aim to buy below VWAP (to secure a better-than-average
price) and sell above VWAP. So the line often acts as a magnet or barrier where decisions
cluster.
2. Intraday Bias Gauge
Price above VWAP: Buyers dominate; bullish bias.
Price below VWAP: Sellers control; bearish bias.
3. Support/Resistance & Mean Reversion
VWAP behaves like a dynamic equilibrium level. Price frequently:
Pulls back to VWAP during trends
Here's a clear down trend 50 and 200 ma cross over. Await a pull back to trend or ma for continuation.
Reverts to VWAP in consolidations
Finds support/resistance at or around VWAP
How to Use VWAP in Trading
1. Trend Confirmation
Use VWAP as a bias filter: if price is cleanly above, favor longs if below, favor shorts.
Combine it with higher highs/lows (or lower highs/lows) to validate trend strength.
2. Entry Opportunities
In an uptrend: look for pullbacks to VWAP as a buy zone
In a downtrend: look for retests of VWAP as a short opportunity.
3. Mean Reversion Strategy
If price is far extended from VWAP, and volume shows divergence or exhaustion, consider
fading the move with a target toward VWAP (especially in range-bound sessions).
4. Anchored VWAP
You can anchor VWAP to specific candles, like a major high, low, or news release, to gauge
value zones within a custom context.
Best Timeframes for VWAP
Intraday trading (1min to 15min): Ideal for scalpers and day traders.
VWAP resets daily it’s not designed for swing trading unless you're using anchored VWAP.
Pro Tips
Don’t use VWAP in isolation pair it with:
Market structure (HH/LL, BOS/CHoCH)
Volume spikes or divergence
Liquidity zones (order blocks, FVGs, imbalance)
Session opens (London/NY open confluence)
Use VWAP for confluence with other tools, not as a single trigger.
VWAP is more than just a line it's a window into the heartbeat of the market. It shows where
real money is positioned and whether you’re trading with or against that flow.
Used with structure and context, VWAP becomes a weapon for precision entries, smart risk, and clean execution.
Vwap entry types
1. VWAP Bounce (Mean Reversion Entry)
Best for: Range-bound or early in the session.
Entry: Price pulls back to VWAP and shows signs of rejection (e.g., pin bar, engulfing candle).
Confirmation: Look for confluence with support/resistance, order blocks, or volume spikes.
Stop: Below the recent swing low (if long).
Target: Prior high or key level.
2. VWAP Break and Retest (Trend Continuation)
Best for: Trending markets.
Entry: Price breaks above VWAP with momentum and retests it from the other side.
Confirmation: Lower time frame bullish structure, bullish candle on retest.
Stop: Below VWAP or structure low.
Target: pivot levels or structure high, fib levels.
3. VWAP Reclaim (Reversal Entry)
Best for: Capturing a shift in momentum.
Entry: Price moves below VWAP, then reclaims it (closes back above with strength).
Confirmation: Break of market structure + volume surge
Stop: Below reclaim candle.
Target: Range high or key fib levels.
4. VWAP Confluence with Other Indicators
Combine with:
Moving Averages: e.g., 9, 50 and 200 SMA OR EMA
Fibonacci retracement levels
Order blocks / Liquidity zones
Pivot points
Use VWAP as a dynamic support/resistance level and enter when multiple signals align.
Vwap examples
SPY/QQQ Plan Your Trade Update : Behind The Scenes ResearchI want to say thank you to all of you and to share with you all the work/resources/servers/and other data I maintain to help me identify where and how the markets will present opportunities to all of us.
This video shows you a bit of the behind-the-scenes work I do and some of my proprietary modeling systems.
I'm not sharing this with you to try to win you over or to tell you I do more than anyone else in terms of research. I'm sure there are many others who go much further than I do in terms of trying to dissect the markets and the opportunities available.
But I do believe I deliver very unique research, which is a one-of-a-kind solution for traders.
Again, I'm not 100% accurate (I wish I were).
But I am trying to share some of the decision-making solutions I use to understand where the markets are likely to move over the next 2- 4+ months and how traders can profit from my research.
Remember, you are only seeing about 10% of my total research, tools, modeling systems, and capabilities in these Plan Your Trade videos.
I want to thank all of you who continue to value my work. It is not easy. It takes money, time, and resources to continue to monitor all of these systems/algos.
The end result, I believe, is one of the most unique future/current modeling system resources you can find anywhere.
Again, thank you for making my research a success. I promise to do more and improve my tools over the next 12+ months for everyone to find better profits.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
How to Trade Liquidity Sweeps Using PDH/PDL Levels (Smart Money This guide shows how to use the **Liquidity Sweep Detector – PDH/PDL Levels** script, now live on my profile.
**What It Does:**
- Accurately plots the previous day's high and low on intraday charts (15m, 1H)
- Detects when price *sweeps* above or below those levels (potential liquidity grabs)
- Visually marks sweeps with a dashed line and alerts you in real time
- Optional table to show current sweep status (can be toggled off)
**How I Use It:**
- Wait for a sweep above PDH or below PDL
- Look for rejection candles or structure shift afterward (e.g., CHoCH or BOS)
- Combine with session timing (e.g., London/NY) for confluence
**Pro Tip:**
Set alerts to catch sweeps even when you're away from the screen. Just click "Add Alert" and use:
- `PDH Sweep Triggered`
- `PDL Sweep Triggered`
This is part of how I approach Smart Money trading — combining market structure with real liquidity events.
Script is open and free to use — find it on my profile:
**Liquidity Sweep Detector – PDH/PDL Levels**