BTC BULLISH???Hello everybody, today is weekend, so that i'm back with new idea of BTC.
As you know BTC ATH is $108k and LOW is $92k.
You know BTC has fallen after the making ATH at the price $108k, Its first time in history BTC has touched $108k.
BTC has touched GETTEX:92K 4-5 times and its the demand zone at the price of $92k. BTC was in downtrend but now the trend has changed, Now the trend is Bullish right??
So i'm gonna for long trade in BTC, my idea is BTC will fly, maybe it will make ATH again, because there is no opportunity for short.
ENTRY POINT : 97,816.13 and my trade is active, I have opened my trade.
STOP LOSS & TARGET : 95,788.65 and my Target is 102,466.
WHAT IS YOUR IDEA??
PLEASE SHARE YOUR IDEAS ON THIS POST.
STAY TUNE FOR EVERY UPDATE.
GOOD LUCK EVERYONE FOR THOSE, WHO HAS FOLLOWED MY IDEA.
Accountmannager
GOLD IS READY TO FLYIts Friday, I'm back with my new idea about gold, As you can see my previous setup, in which i put buy entry at the price of 2636 and gold hit our price and fly to the moon haha.
You know gold has flown from the price of 2595 something.
As you can see H4 has broke the level of 2648 and 2658.
If price continuously respect the resistance, its possible to gold can reaches at our zone.
If price breaks the resistance then i will back with new idea about GOLD.
ENTRY POINT : 2636 at the area of RBS.
STOP LOSS & TARGET : 2628 SL and TP will be 2690.
Stay connect with me for more ideas.
Stay tune for every update.
PLEASE SHARE YOUR IDEAS ON THIS POST.
WHAT IS YOUR IDEAS ABOUT GOLD??
GOLD SHORT As i expect, that goldnow i have entered at the area all failed eng M5.
Gold is falling since last week, and i have published idea, in which my idea was gold will fall, my entry was at 2637 and my stop loss was at 2651, and target was at 2585.
Entry point : 2605 at the area of failed bearish eng.
Stop loss : 2609 and target is 2596
GOLD IS READY TO FALL As I expect, that gold will fall when it reaches at the area of SBR, which is in D1 Timeframe and H4 Trendline area.
We have seen that gold has fall since last two weeks, and flown from the level of support of Little Timeframe.
As you can see that, sometimes gold fall and sometimes gold fly but it follows the scalping setups right?
lets talk about my idea, there is a SBR in D1 Timeframe and there is a area of trendline in H1,H4 Timeframe. H4 has Bearish Eng and has failed bullish Eng in H1 and H4 Timeframe.
ENTRY POINT : 2632 at the area of failed Eng.
STOPLOSS : 2651 and Target is 2585.
Don't forget to use stop loss on your trades.
stay tune for update, don't forget to share your idea on this post.
EURUSD SELL TRADE EXECUTED.As we see in EURUSD Bearish BIAS and price is in downtrend. Weekly chart is in a bear breakout on the weekly chart, the bears will likely get a second leg down. This means that the upside is probably limited on the daily chart.
EURUSD NEXT:
In smaller timeframe eurusd creates equal high in M15 1.5152 so i am waiting for the price to enter in the ICT order block for the sell limit order trigger. for the target of next low ICT DEMAND Zone/.
XAUUSD GOLD DROP MORE ?`In the daily time frame gold was in sell off trend and in friday break its support of 1660 level and now respect its support trend line in 1h smallar time frame and we expect on monday open that price retrace to its previous support now test as a resistance and than after closing bearish on 1h we have a good short sell trade in gold xauusd for the target of next support level coming according to price action which is 1623 and the low of sep 1615 strong level of support according to daily time frame and expected that price bounce to upside from this 1615 level. if on monday price break coming market structure resistance than wait for the range of 1660 level and after sell closing on 1h good setup to short on gold for the target of 1645 1640 and this week target is 1623-1615 level.
The technically gold is in down trend and bearish market also fundamentally dxy dollar index is strong due to strong cpi numbers and hike in interest rate desicioun from the federal reserve fed/.
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
XAUUSD(GOLD)Gold OANDA:XAUUSD break its previous strong swing high resistance and also #200EMA on 1H timeframe than retest to its resistance and #MOVINGAVERAGE as a support now price is consolidate between 1838-1849 zone. Now we see bullish move after break of this zone in the open of monday market we see break in #asiansession. so Buy after break of this zone and targets are 1858,65 and above levels are mentioned in charts.
GBPAUD - H1 - BuyGBPAUD - H1 - Buy
TP = 1.88400
SL = 1.86400
The RSI is below 50.
The MACD is below its signal line and positive.
The MACD must penetrate its zero line to expect further downside.
Moreover, the pair is trading under its 20 period moving average (1.8891) but above its 50 period moving average (1.8701).
How to be a Successful Forex trader Segment 1FIRST HAVE A PLAN .
Better yet, have 2 Plans!
Most traders have a trade plan, that will tell them when to get in and when to get out (or at least it should and I will cover that in the next segment)
What a lot of Trader's don't have and really need, is an account management plan.
An Account Management Plan is necessary to keep you from causing too much damage on bad days, to having a positive outcome on so-so days and a Great out come on the good days. In short, it will protect your account and allow it to flourish :)
1. How to do you handle the bad days? Unfortunately, we all have them but limiting their impact is crucial to your long term trading success. Personally, I risk 2% of my capital per trade and usually only take 1 sometimes 2 trades per day. so the most I will ever lose in a day is 4%. which is okay because the majority of my trades have a 3-1 RRR or better, so I can make that up in 1 trade. Might i suggest, limiting your daily losses to a percentage that you can make up in a single day/session. You don't want to spend days trying to recoup losses from a single day.
2. How do you turn the so-so days into a positive: On day's where the market does not do what you expect, you need to recognize that and hopefully bank some profit or at the very least, cause no damage to your account. Sitting on the sidelines patiently waiting for a good trade is a lot better than being in a bad trade. Today was a So-So day for me. As illustrated in the above chart, I took a pullback trade with an entry at 1.8318. it took a lot of heat and almost got stopped out, but I stuck with my stop loss and the trade came back and dropped down to the bottom of my Asian box, where I banked 1/2 my position and moved my stop to flat. And the remaining 1/2 of my position did indeed get stopped out. So yes the market did not breakout and run down as expected but I still made a profit. :)
3. Make the good days.... Great!!!
Before you enter into a trade, you should know where you are getting out, both good and bad. On the days where the market breaks your way. Stay with your anylasis and don't close the trade early. I talk to a lot of traders who do this and I get it!. The trade is Green, the Money is there...let's grab it!! You need t check yourself and stick with your original anylasis on how far the trade could run. That said you also must be prepared to protect your account. Personally, Once I am up 2% on the day. I will NOT let it become a losing day. Period. If the market reverses, I am out and I am done. Once I am up 4% I will lock in at least 2% of profit and so till the market reaches my Profit target and then I will close my full position. Although the market may run further, I stick with my original analysis of the proper Profit target.
I hope this post is helpful and If you have questions, either put them in the comments below or message me
Allen