CleoFinance

CleoFinance P

SHORT idea Retracement to supply zone, wait for low timeframe confirmation of market structure break in the OTE zone. Entry: around 7720 area Stop at the LTF swing high: 7800 First target: 7570 (2R) Second target: 7460 (3R) third target at the swing lows around 7340 (5R)

CleoFinance P Updated 

DXY is currently printing a double bottom. If that structure holds, this GBPUSD short trade is valid. In case DXY pushes further down to the critical 99.6 are, GBPUSD should fill up at least partly the monthly FVG above. Reasons for the trade: Ran two highs from December and January, W candle printed doji + SFP, DXY double bottom pattern forming. Entry:...

CleoFinance P Updated 

DXY took out a key low at 101 with strong reaction back up into the range established in August-September 2022. Idea: DXY will strengthen in upcoming months, pushing the risk on lower. Target for lower highs is around 50% of established range, which for fans of Fibonacci retracement tool is around 0,618-0,705 of current range. Target Price: 110-111 If we see...

CleoFinance P Updated 

Intraday trading idea with 4.8R on the table. Supply and demand pockets followed with impulsive inefficient moves have been reliable on ES. Closest pocket of supply that broke higher timeframe market structure is around tested Support-turn-Resistance line. I am expecting the price to retrace to the 4135-4145 area and then continue downwards. Entry: 4135.5 ...

CleoFinance P

Imagine the smell... ETH seems to follow Wyckoff Accumulation Model all too close so far. Nobody knows what will happen, but seems like a good idea to keep this in mind Selling Climax (SC) was reached in June 2022, quick Automatic Rally (AR) peaked mid-August 2022, Secondary Test (ST) at the end of November 2022. ETH just took out the AR high and seems to print...

CleoFinance P Updated 

European stocks have been on a tear lately, while macroeconomic conditions have been slowing down. DAX is in an over-extended move with very shallow pullbacks, took out the high of the run started last February. Swing short positions, SL at 15898, multiple targets, mainly around 14900, 14560, and 14100. If the price stalls / I don't see a strong move down from...

CleoFinance P

Hey guys! Today we'll have a look at chart patterns - which ones are the most popular, what do they look like, and how you can leverage them in your own trading! Chart patterns are technical analysis tools used to predict price movements based on chart formations. There are two main types of chart patterns - reversal patterns and continuation patterns . ...

CleoFinance P

Trading is a constant balancing act between risk and reward. Developing a successful trading strategy is a significant accomplishment in its own right, but it is equally important to know when it is time to adjust your approach or when to abandon it altogether. To help you stay ahead of the curve, I've identified the 5 telltale red flags that signal it could be...

CleoFinance P

Trading in the financial markets, whether it be forex or cryptocurrency, can be a thrilling yet challenging experience. It requires a level of strategy, discipline, and risk tolerance to make informed decisions and reap profits. But, as traders, we are often faced with fears that can cloud our judgment and hinder our success in the market. To help you overcome...

CleoFinance P

Position sizing is determining the correct size of the position based on the amount of money you risk on the particular trade. Before you can do that, you need to figure out what is the maximum acceptable risk of the trade. That risk is usually expressed as a % of your balance, that you are willing to lose. To make sure you don’t lose more than this amount...

CleoFinance P

Hey guys! In this post, we are going to learn how to trade divergencies, how to find them on the chart, and how to use them in our automated trading strategy. Introduction Divergence occurs when the direction of an asset’s price and the direction of a technical indicator move in opposite directions. Finding divergence between price and momentum indicators,...

CleoFinance P Updated 

EURUSD is testing the range high again. Looking at the chart, we can see the range high has been previously tested 7x, with decreasing time in between tests, while low of the range has not been tested in a while. All this would suggest a potential breakout of the range. But we'll have to wait and see. Potential options: Clean rejection from range high ->...

CleoFinance P

DXY is at a crucial point. Either we see an underside retest of previous low and break down of the range or reclaim and move back to the top side of the range. SPX seems topped out. What do you guys think?

CleoFinance P Updated 

DAX seems to be forming a Head and Shoulders pattern, clearly visible in the H1 timeframe. There is still strong support EMA (4H, 34) in the way and the formation is not finished or confirmed yet, so at this point, we are only OBSERVING if the formation will be finished. If not, we do not enter the trade. Entry1: At the close of the first H1/H4 candle below...

CleoFinance P

In case you had a bit too much excitement with the spring dips, but still want to beat holding by trading just spot this strategy is for you. Yes, crazy profits will always seem exciting on paper, but sometimes not experiencing 50%-40%-30% drops is worth more than a few % extra gains. Not to mention the opportunity cost of drawdowns. Whichever strategy you are...

CleoFinance P

Using the total crypto market cap as a trading indicator is an overlooked method. Traders get stuck on chasing complex new indicators when all they need is in front of their eyes. If you could be buying when the total crypto market volume rises and sell when it goes down it might be all you need. This strategy proves that you can comfortably beat ADA's holding at...

CleoFinance P

Beating Ethereum's stellar +815% gains over a year is no easy feat. Add limiting drawdown to the task and it becomes even more complicated - especially vs USDT. However with longer term strategies like this it really becomes apparent how you should simply think about the best time to buy and sell, and try to express it though market metrics, rather than trying to...

CleoFinance P

Plenty of traders are struggling to trade the choppy ranging market of the past couple of months. Especially as it comes after an "up only!!!" period where making a mistake was an exception and (at least some) success the rule. Wicks and stops hunting are not making it easier. We always speak about preparing the strategy for the next leg, but traders still don't...