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AUDCADIn AUDCAD after market test its strong resistance trendline at 0.91059 price drop to 0.90930 after the market open if price break market structure 0.90830 than you go for short position and exit on the coming support which i draw in the charts. if price come back and push to upside than wait for the trendline resistance again test if you see again some strong bearish candles than you go short with very good R:R. ENTRY SHORT 0.90808 AND 2ND 0.91049 TAKE PROFIT 0.90561 TAKE PROFIT 0.9030 STOP LOSS 0.91171
Short
by naumanfx_
GOLD : Despite the interest rate hike, gold is destined to flyOANDA:XAUUSD Gold is ready to fly to 1910-2000. This is a first flight and the next flights are coming, despite raising the interest rate of the Federal Reserve to 75 basis points and clarifying that there is an increase in interest rates in the upcoming meetings, which gives us evidence that the market is saturated with the impact of this news, so technical analysis and geopolitical supports She is the decision maker. The press conference of the US Central Bank was weak in response to solve the inflation crisis, and even confirmed that inflation may stabilize at 2.2% in the year 2024 after two years, and this depends in parentheses depends that the upcoming US data must be positive, and today it was negative such as unemployment and housing data And the next worse for the US dollar . The best purchasing area is: 1835-1832 As a correction after going up to 1845 book your entry and stop loss below 1822 and goals: 1855 1865 1875 And the last is 1885
OANDA:XAUUSDLong
by UnknownUnicorn38077853
3
10x Any Trading Account - Using MathTLDR: It's not as hard to 10x an account as it may seem. By using math, we can exponentially grow our account while also exponentially making it easier to grow (and also continue to minimize our risk). So, I am planning on growing an account from 3k - 30k. This is no easy task, but I am going to break down why it's not as hard as you think. Math! As the account grows, hitting 10% of the original amount each day will get exponentially easier. Here's an example Day 1 : 3k to trade with means each daily profit goal is ~ $450 (Thats 3 trades of 25% profit using reasonable risk management. I'm going to break that down later, why this isn't actually as difficult as it it may seem to do consistently) Hint: 0dte Day 2 : We now have $3,450 in the account. Adjusting the trading plan risk management to the new account size, this means the profit goal for today is now ~ $518. (see where this is going) Day 8 : By now, the account is $7,854 and the profit goal the previous day was $1032. By following the same trading plan and carrying it over as the account grows, the profit compounds. Now, this is great, but it could be better. To further reduce risk, instead of increasing the profit target with a larger buying power, we can instead play with the trading plan to make our chances of success even higher. Lets take a look at the variables affecting the profit in a trade, and we'll come back to this idea in the future. (edited) In every trade, there are 3 main factors that affect how much cash you acquire. These are: The total % of your account used in each trade The dollar amount you use in each trade The % of profit you attain from those two figures The total amount of the account we use in each trade, the less % we have to make in each trade. (10% on a 500 play is 50 - Alternatively, 5% on a 1000 play is also 50.) This allows us to trade even in markets where this isn't much volatility. We can shorten the time we are in a trade, and the movement required on the chart, to hit our goal. (edited) Also, there's one huge factor I am relying on. As the account grows, hitting 10% of the original amount each day will get exponentially easier. Here's an example > Day 1: 3k to trade with means each daily profit goal is ~ $450 (Thats 3 trades of 25% profit using reasonable risk management. I'm going to break that down later, why this isn't actually as difficult as it it may seem to do consistently) Hint: 0dte > > Day 2: We now have $3,450 in the account. Adjusting the trading plan risk management to the new account size, this means the profit goal for today is now ~ $518. (see where this is going) > > Day 8: By now, the account is $7,854 and the profit goal the previous day was $1032. By following the same trading plan and carrying it over as the account grows, the profit compounds. Now, this is great, but it could be better. To further reduce risk, instead of increasing the profit target with a larger buying power, we can instead play with the trading plan to make our chances of success even higher. Lets take a look at the variables affecting the profit in a trade, and we'll come back to this idea in the future. (edited) So back to our little example. Instead of increasing the goal each day, it would be wiser to adjust our trading plan to allow for more attempts (using less % of total BP per trade) or for higher success rate (5% profit per trade instead of 25%). This means that as our account grows, the effort will go down as success probability rate increases - exponentially. This is where it all comes together. By day 10 of making $450 per day, we would have $7,500 in the account. We would effectively be doubling the amount of trades we can make (10% of the account per trade instead of 20%) and cutting the %gains needed per trade (from 25% to 20%). We can now afford to lose more often, as we have more buying power. Because we can afford to lose more often, we can also afford to tighten our stops losses, minimizing the risk per trade. Also, we now have much more opportunity to slip into more trades, as our %gains needed decreases each day. (As another method, this can be played with to your liking and manipulated differently depending on how you feel that day, once you get comfortable enough with your trading plan. So maybe you don't have to trade every day, and you take advantage of the compounding profit effect in the later stages. Say maybe, 5x into the 10x challenge. (15k out of a 3k - 30k challenge.) This is also how the "rich get richer". As your capital grows from initial investment, it becomes easier and easier to make profits in comparison to that initial investment.
NYSE:MSEducation
by SJ_CAP
6
EUR/CAD 4 Long Confirmations Good day, snipers. Here in the EUR/CAD, we have multiple confirmations to go long. TECHNICAL ANALYSIS first on the 4H time frame, price recently rejected the bottom of the ascending trend line. Also, price broke a resistance level and we will be waiting for a retest before going long. Price is also trailing above the 8 EMA showing a strong trend. FUNDAMENTAL ANALYSIS next is about the CoT report. Currently, net positions regarding the CAD are being sold while the EUR is being bought the previous week. Specifics are discussed with the team and accurate entry, SL and TP are sent too. Follow me on tradingview for more ideas and sniper entries. If you liked this idea please click that thumb's up. Ideas posted are not financial advise, but merely just to give insights and education for traders. Past performances do not determine future gains. As sniper traders, we tread carefully, then we take shots immediately. Join the discussion down below or leave me a message if you have any questions about the idea.
Long
by SniperFXFree