Good Morning Traders at least in Europe! Honestly speaking, I can't quite understand the indices anymore but what matters my opinion? The S&P500 is rising and rising. Even if the market faces a resistance then there's no resistance in the market. During RTH the market went quietly up and resides around 3430 almost all day long. Immediately during ETH after...
Entry SR (Support becomes Resistance) Back to outbreak level Late entry after VWAP test Exit Volatility-based Maximum risk of 1% of the capital Comments The setup was very good and planned days before. However, I entered the trend too late because the markets felt too strong. That's why I waited for the downward movement and when the VWAP...
USDJPY broke out this morning at 105.81 Now the market is retracing to the breakout zone. The prior resistance becomes now a support level. I expect a rebound and probably new highs. The stop loss should be below the support zone at 105.60
EURUSD created a rotation. The volume profile in this rotation shows a point of control of 1.1787 This area could be a short-term turning point. The setup could look like this: Sell limit: 1.1787 (or 1 PIP below) SL above the highs of the rotation 1.1810 Target at the lower end of 1.1730 For daytraders, I would simply trade the POC with a TP/SL of 10 PIP...
Good Day Traders! Many times, there is no time to publish my trade ideas on time because I am in a different language zone from TV active. Despite that, I would like to post my trade results including my analysis for you. It is for educational purposes. I do that after every trade to see what went wrong or not? All trades, by the way, are real! Strategy...
Good Day Traders! Many times, there is no time to publish my trade ideas on time because I am in a different language zone from TV active. Despite that, I would like to post my trade results including my analysis for you. It is for educational purposes. I do that after every trade to see what went wrong or not? All trades, by the way, are real! Strategy ...
Good Day Traders! BTCUSD is moving sideways between 10k - 11k. For me, it looks like some big players are accumulating their positions. Right now, I am neutral about this market. If you are a range trader then you could short the market above 11K order buy dips at around 10K. My strategy is to wait for a breakout and trade the pullback. Updates will...
Good Day Traders! EURUSD is on its way back into the rotation. The POC of the rotation lies at 1.1833 which is a short term short signal. Secondly, there is a VPOC at 1.1858 which is a short term short signal as well. For me, these two points are interesting turn around opportunities to trade. The EURUSD is moving upwards with lower volumes. This might be...