Fascinating Oscillation on EUR/USD Results in Price Reversal!Hi everyone, let's review some fascinating price behavior here on EUR/USD based on the weekly seasonality.
Funnily enough, I spotted this behavior last week and already provided a chart with a similar idea. I kept mentioning how the price trend reversed over the weekend and suggest a trade that went along with the trend anyway. My own chart got used against me and the price reversed beautifully according to the behavior and did not follow the trend at all.
In this idea I learn from that mistake and suggest a price reversal trend trade set-up. Every major shift in price trend has started exactly after the weekend.
We have an excellent opportunity to use this information and trade it to our advantage! If you spot the reversal soon after the week starts, you can safely place your positions and trade along with the trend until the week is over.
I suggest to wait after opening to get a confirmation of the move (again, nothing sudden is happening so you will be on time even a few hours later) and then trade according to the direction.
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- Trading Guru
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Disclaimer!
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America
USD/JPY Maximize Your Risk-Reward With This Simple Trick!In the end, what matters most in trading is risk reward ratio and win percentage. We can see here on USD/JPY some great indicators of a bearish price continuation. However, in itself that is not enough.
I suggest to maximize the risk reward ratio by waiting for the price to be closer to the top resistance line before entering with a trade. This will allow you to get a better RRR. In this trade set-up you can see from the chart how I created a 4 RRR trade idea.
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- Trading Guru
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Don't Trade USD/JPY Before You Looked at These Factors!Trading is all about buying low and selling high. Here on this USD/JPY technical analysis I will explain what you need to take into account if you want to enter a trade.
First of all, I want to highlight the previous idea that was incredibly successful on USD/JPY using these same principles:
In this idea it is important to note that the price is not near any horizontal zone at the moment. I suggest to wait to get a better risk reward on your coming trade.
The buy low and sell principle is all relative and defined by the current information available. I define low and high as the horizontal resistance zones.
For our short position we want to reverse the logic and sell as high as we can, in this case near the zone of horizontal resistance.
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- Trading Guru
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Oscillation on EUR/USD Due To Weekday-Weekend Behavior!Hi everyone, let's review some fascinating price behavior here on EUR/USD based on the weekly seasonality.
Every major shift in price trend has start exactly coming out after the weekend.
We don't just observe a sudden spike on the first hours after the weekend, which would make it very difficult to monetize this behavior. No, we see a constant and slow price reversal.
This means that we have an excellent opportunity to use this information and trade it to our advantage! If you spot the reversal soon after the week starts, you can safely place your positions and trade along with the trend until the week is over.
In this case, looking at the current trend and the lack of news on EUR/USD during the weekend I expect a continuation of the bearish price momentum.
I suggest to wait after opening to get a confirmation of the move (again, nothing sudden is happening so you will be on time even a few hours later) and then trade according to the direction.
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- Trading Guru
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GOLD WILL 5X IN THE NEXT TEN YEARS!
Don't listen to those crypto Bitcoiners who tell you Gold is useless metal. Gold is used as jewelry, within microprocessors, and as a means of storing wealth. Last I checked, you can't wear Bitcoin as bling to your friends weekend Soiree ... With the advent of faster computers/robots/ AI that we will see in this decade, I foresee Gold's usefulness increasing significantly while also increasing in price as a hedge against inflation.
With the likes of AOS and the Squad pushing UBI we should see inflation around 3-4 % in the next few years. Imagine a gallon of milk costing $20 dollars. That day is not far away at all.
I am long Gold in this unlimited money printing economic state we are in until businesses start to innovate and expand the economy via new industries.
Currently, we are in a copy cat economic state. The same boring played out companies and played out ideas. Innovation and real expansion of the economy in a practical everyday sense will send the price of Gold straight down, but I believe we are years away from this. The economy is significantly over-inflated due to unlimited QE, and with earnings significantly lagging valuations, fundamentals are starting to come into play, and smart money is being funneled out of major equities across the board.
My bet is that banks and billionaires are going long Gold for the foreseeable future. Innovation will come after the equity bubble pops, and real pain is felt on main street. It will be devastating just like we saw during the Great Depression, but as a historian, I also look back to our forefathers in ancient Rome. Rome had booms and bust, peaks and valleys within its history. America is more or less modern-day Rome. We are an empire that needs to break down before we can morph into something better within the next 80 years leading up to the 2100s. I foresee that we will see great despair and exchange of money from smart money sellers to dumb money buyers. It is the nature of the beast we call the financial system. It will collapse, and out of the smoke, ash and rubble will be something new, greater, unique, and long-lasting. God bless the empire of America.
EUR/USD Wait For This To Happen BEFORE You Enter A Trade!Sometimes we have got to keep ourselves honest. In this idea I will explain to you why the current price is not a good idea to enter any trade, and what you should do before you should go in with any position. The chart should be self-explanatory, but if you have any questions left feel free to drop me a comment down below.
- Trading-Guru
Quo Vadis United States of America?Nothing is certain, except: The FED will not stop to pump collateral ( source ) into the S&P 500 et al. to support nominal prices. Let's face it: The FED is completely clueless what to do. Also, we do have no clue when looking at the chart, what the real value of anything is, as the FED distorts it all, but read along..
But for what price? The real price. As the FED inevitably pumps liquidity into the system with their current behaviour, this leads to a further devaluation of the US-Dollar in real terms. Hence, stocks do not gain any real price (let alone fundamental value), but only in nominal price to the US-Dollar which itself though looses real value due to expanding the money supply.
But nevertheless to these all time highs, people can't even go to work in the current situation as their job is probably existing anymore or they are in a lockdown situation. The consequence due to America's miserable social security system is that not only millions of people already lost their job, hundred thousands will most probably also be evicted and have to go to foodbanks to not starve to death.
The big Shareholders can sustain their Equity, but the hard working American middle class is getting bleeded out by this devaluation process called "monetarism" (on low-quality steroids). Great...
There probably will be another civil war one way or another, but the TVC:SPX will certainly behave in the new "business as usual" uuntil election day (November Third). Then, hell may brake loose.
CHF/USD Short Position after Confirmation of ResistanceHere on CHF we are seeing two major important points that can determine the direction of our next trade.
First of all we see that the price is really close to a horizontal resistance. This can gives us a nice risk-reward for a short position.
Second of all, we see the price is following a trend line (roughly, it's not perfect admittedly). We can use this trendline to understand when we need to exit our short position.
Basically it means that the price is trending upwards, and we should be conservative with our positions. Don't hold it too long, and exit relatively early. That's why I drew the orange line to bounce at around 1.1017.
All other information can be found on the chart. Good luck!
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AUD/USD Is Simply SMASHING All Zones of ResistanceIn this analysis I will walk you through the major areas from a technical point of view that you should be focusing on when trading AUD/USD.
The trend is insane at the moment on AUD/USD. For a really long time we've seen nothing but an unbelievable surge in the price. It seems simple looking back at the chart, but trading with trends is actually really difficult.
The problem is that you want to buy low and sell high. But if an asset is upwards trending, it is extremely difficult to buy low. In fact, you are almost always buying too high.
I am not a big fan of buying after a bunch of green candles, with one exception: resistance breakout. That's why in this analysis I suggest a long position even though the price is already relatively high.
Another point of view here to look at it is that since the resistance is broken, the price is now trading near a newly found support. Through the concepts of S/R flip (www.100-eyes.com) we can learn that old resistance can become new support.
When the price is near a support, the price is low. When the price is near a resistance, the price is high. That's why we can still enter here even though the price is relatively upwards.
For an exit strategy, we can take a look at the older zones of resistance as in the shorter time frames we cannot see any other point of reference. I used the zone of December '18 here for logical exit.
Also, you can decide to go for another technique where you continuously increase your stop loss and try to ride the trend for as long as possible.
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- Trading Guru
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Disclaimer!
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proxima subida 8% con liberbanktras la compra de acciones por parte de bank of america y el contrato sponsor con el real madrid en la temporada 20/21 liberbank se recupera con fuerza. vemos subida 8% para los proximos dias. si supera .24 subirá con fuerza. liberbank a diferencia del santander u otros bancos ya lleva varios años reestructurando y reduciendo oficinas. a proposito. quien ha comprado acciones de bank of america ultimamente? el mismisimo warren buffett. tiene sentido? leave comments below
Tesla Earnings, where to? VOLATILITY ahead!FA:
Tesla has been parabolic the past few weeks and has formed several new highs; the release of the earnings is bound to create volatility both ways.
Option traders are using a straddle strategy where they are predicting a move of $200 in either direction with the use of the SAP volatility INDEX (VIX) which we can see sometimes does correlate with the volatility of Tesla.
Bulls expect the S&P 500 inclusion for Tesla to be confirmed as they have reported profits which may lead to high volatility.
TA:
News could already be factored into the current price and thus can expect a retracement at market open.
If Tesla breaks above the resistance for the previous high, then we can expect it to form new ATH if not then we can expect it to retrace and perhaps fill the lower gaps although unlikely.
-Megalodon Whales
(Rahim)
Enjoyed doing this chart for you, you are welcome to post your own ideas and comment below :) NASDAQ:TSLA MIL:TSLA SWB:TL0 BMV:TSLA