Since November 2023, the S&P 500 has been on a steady climb, spanning six months without a significant pullback to the moving average (MA). Typically, such pullbacks are necessary for price stabilization. However, recently, we've observed a pullback accompanied by considerable volume. This suggests that a substantial portion of market participants anticipates a...
New World Capital - Article 5 ( Continuation ) Another liquidity grab is happening right now around $38220 - $38240. If the price ends up going higher after that liquidity grab, the price should definitely breakout and trade around $38,500 - $38,700 FOREXCOM:US30 Buy ( 3X ) US30 @$38200 - $38240 TP@ $38539 SL@ $37655 Risk: 1% - 10% Reward: 7%+ - 70%+
The US Dollar Index struggles to retain the rebound from last week’s low (105.41), but DXY may attempt to further retrace the decline from the November high (107.11) as a bull-flag formation takes shape. DXY Outlook DXY appears to be stuck in a narrow range after pushing the Relative Strength Index (RSI) into overbought territory for the first time in 2024,...
US100 Is Going Back To 18400! Based on the given sequence, this is going to be a nice trade , Good Luck Folks
09H30 FVG gap is best. Patience is sometimes difficult keep.
In this live trading session video,we look at our open positions on BRENT and potential trades coming on Bitcoin,Etherum,S&P, etc and the thinking behind them. The concepts you learn from this video are cross transferrable principles onto any strategy.
An effective way of assessing opportunity is via the JSE technical summary, which is published daily. In south africa, or on the jse, there is a lack of breadth data which has forced one to use alternative tools to measure breadth. Fortunately, the tools and methodologies have served clients well. Most recently, the market pulled back, which saw 21 shares in a...
put idea for tommorow and btst. everything explained over the video. if this dont workout market only gonna go up
Waiting for the $$ areas to be swept with 39330 being the overall target. With this week having a few fundamentals NFP included, big moves loading. Trade safe and use proper risk management. Happy trading week ahead :)
I had some free time, so going to post here a basic commentary and forecast for the new week: 1. Overall Trend: Over the past few weeks, the Nifty 50 index has shown some volatility but has generally maintained an upward trend, with occasional dips and corrections. 2. Volume: There have been fluctuations in trading volume, indicating varying levels of market...
Here is a HTF overview of the current range we are trading on US 100. Do not hesitate to refer to the HTF ranges to avoid getting 'trapped in the LTF'. FOLLOW the MARKET and do NOT IMPOSE your WILL on the market... Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not...
If SENSEX Sustain above 74720 then 74846 then 75001 then 75094 to 75161 above this bullish then 75253 then 75408 or 75535 to 75603 if SENSEX Sustain Below 74593 then 74438 to 74389 then 74278 to 74235 or 74211 to 74186 Strong level below this more bearish then 74031 to 73982 then 73837 to 73769 Consider some buffer points in above levels. Please do your due...
Taken a nice short scalp on US 100 for today. You can see how we traded through the 1min volume imbalance (red box) from the 29th April and did not close outside of it (no bullish candle with a clean close outside of it). This confirmed that we had taken all the buyside liquidity for now.. Once we traded through the 1min buyside liquidity (top red line) and...
FINNIFTY if Sustain above 21856 then 21918 to 21943 or 21967 above this more bullish then 22140 to 22175 or 22199 to 22223 then 22271 to 22304 then 22362 to 22412 FINNIFTY if Sustain Below 21771 then 21745 then 21720 to 21684 or 21659 below this bearish then 21554 to 21521 then 21450 to 21401 Consider some buffer points in above levels. Please do your due...
BUY ABOVE - 49480 SL - 49250 TARGETS - 49670,49850,50000 SELL BELOW - 49250 SL - 49480 TARGETS - 49020,48800,48630 NO TRADE ZONE - 49250 to 49480 Previous Day High - 49480 Previous Day Low - 48310 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 22660 SL - 22600 TARGETS - 22700,22770,22830 SELL BELOW - 22600 SL - 22660 TARGETS - 22550,22510,22470 NO TRADE ZONE - 22600 to 22660 Previous Day High - 22660 Previous Day Low - 22430 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Nifty opens with positive note and recover pervious days loss. Index was bullish throughout the trading session. Nifty made days high of 22655 with 223 points up which is almost 1%. (Bank Nifty hits Record high that is 49473). Nifty has formed a big green body candle with small upper and lower shadow. MACD is giving crossover. Nifty has broken the...