Trading-Guru

Trading-Guru

When I reflected on my previous idea I think I drew the channel a bit too steeply. I now connected the low to the most recent $0.215 drop and found this more conservative ascending parallel channel. This channel gives us a bit more time to monetize an upwards move as the volatility has reduced a little bit over the last few days. When trading an oscillating...

Trading-Guru

Hey all, here’s another entry on my tradingview series called 'Quick Updates'. BAND Just hit this very strong support zone for the fourth time. We can go in for a nice support and resistance trade set-up. I used a trendline this time as resistance instead of a horizontal resistance zone that I normally use, because the bulls has been facing more difficulties...

Trading-Guru Updated 

All info can be found on the chart.

Trading-Guru Updated 

I'm going to give you a few words of wisdom, so pay attention. Don't FOMO Buy. We've been seeing massive moves over the last few days and it's impossible not to feel left out. But don't suddenly start trading positions that will give you +30% or +40% gains. If you want to still be around in the long run, if you consider yourself a serious trader, keep scalping...

Trading-Guru

The bulls are very strong right now. We've just seen them taking a shot at 9400, confirming the descending triangle. However, with some of the bears stopped out the bulls might return stronger than ever. The scenario I want to share in this idea is the opportunity for another rally, this time breaking through the upper resistance of the triangle. When that...

Trading-Guru Updated 

All info can be found on the chart.

Trading-Guru

In this idea I will explain how you can leverage psychological support and resistance levels for trading ETH/USD. This will help you earn more money while trading, and gives you more understanding about the markets. I have been talking about this for quite a while now, and every time it shows that it works again and again. We can see that ETH is currently...

Trading-Guru

Compared to all the other major caps, EOS has recovered the least. Whereas BTC has almost completely recovered and even reached highs of pre-corona levels EOS still is really low and has more than 90% upside potential. Obviously you wouldn't want to go in for a single 90% trade here with huge risk. No, we take the mature approach and try get a few good risk...

Trading-Guru

Like I explained in my previous ideas, I am still bearish on gold. First we had seen a bearish double top here on gold, but now we get a sudden retracement back up just before the weekend is coming. I keep my bearish bias, but could see a temporary increase in price here to form something like a right should of a H&S pattern. If you weren't shorting gold...

Trading-Guru Updated 

Everyone knows I am well known for my analyses on psychological support and resistance zones and their strong predictive capabilities. We just found two new important psychological levels in the last two days. One psychological resistance at 9450 and one psychological support at 8400. -- quick reminder on these beautiful round number levels -- Computer scripts...

Trading-Guru

All info can be found on the chart Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!

Trading-Guru

The global death toll surpassed 200,000, and the markets are surging. Nobody would have ever expected this, so let's take a deeper look at all the Corona news events and their impact on Bitcoin. The NY Times shared an article with the timeline of the progress of the Corona virus so far, which I used for this idea. JAN. 11 China reported its first death. JAN....

Trading-Guru Updated 

Let's look at GBPUSD again. Currently the price is directly at a resistance zone, that seems to get confirmed now by the rejection on the wick and the two very involatile candles directly after. Admittedly, my last trade on GBPUSD where I was bearish already didn't work out at all and got into the stoploss really quickly. Thought, I remain bearish, and the recent...

Trading-Guru

Hey all, here’s another entry on my tradingview series called 'Quick Updates'. We can find a nice confluence here on AUDCHF. Both hitting the horizontal support zone and the RSI Divergence are bullish signals. Showed a suggestion for the trade set-up in the chart. --- What is The Quick Update Series All About? --- I have started a new tag (quickupdates) where I...

Trading-Guru Updated 

Hey all, here’s another entry on my tradingview series called 'Quick Updates'. We can see here an overbought RSI together with a price that hit the resistance area. This is a nice confluence of two indications a temporary top has been seen. I expect the price to start a downtrend now and retrace towards the lower support level. --- What is The Quick Update...

Trading-Guru

Hey all, here’s another entry on my tradingview series called 'Quick Updates'. GBP/USD hitting an important zone of resistance again. The 1.25 zone remains to be one of psychological support and resistance. I don't expect the price to break through this time, and we will probably see a downward trend from this point. --- What is The Quick Update Series All...

Trading-Guru

In this analysis I will go into depth on the descending channel. There are a few properties of the channel that make this moment a great time to enter a short trade on EUR/JPY. First of all, the channel is sharply declining. This means that the likelihood of each subsequent candle being red is slightly larger than it being green. This gives us a negative bias,...

Trading-Guru

Hey all, here’s another entry on my tradingview series called 'Quick Updates'. The price is really close to the support now, which gives the best risk-reward for trades using support and resistance. If the price does break through the support in the end, the loss is minimized. If the price follows our idea, we maximize the profits. This is a great moment to enter...