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Why price reacts to s&d zones before breaking themWhy price reacts to s&d zones before breaking them. We tend to see a reaction for one simple reason; - BFI's need liquidity to accumulate a sizable position. So, how would a reaction provide them with this liquidity? - Retail traders will enter aggressively at these s&d zones expecting price to move away from them. Now, BFI's will use all this liquidity to accumulate a sizable position, targeting the next pool of liquidity which is retail's stop-losses on the opposite side of the zone.
Education
by doksfx
$DXY needs to hodl the line 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* FOMC meeting next week, February 16, 2022. Here are our expectations for $DXY. !! This chart analysis is for reference purposes only !! If you want to see more, please like and follow us @SimplyShowMeTheMoney
TVC:DXYLong
by SimplyShowMeTheMoney
QNBK to buyQSE:QNBK just broke above an important level . At this point there is a high probability it continues upwards towards the blue rectangle (27-28.3 area) . This target could be hit around october 2022 if the market keeps this recent bullish momentum . The buy target could be reached as soon as June-July 2022 if the market gains even more bullish momentum . If the market loses some bullish momentum along the way , then this buy target could be reached around February 2023.
QSE:QNBKLong
by StockAnalystPro
New short cookingYes It's been Bullish and it feels great when you're in buys on Gold and it's bullish. We came out of our longs at 1804 so we missed out today on longs. But we got something better instead, an indication that a short is coming. Green Vector has made contact with Red Vector in the 4HR timeframe. There is definitely some of the Red Vector to go but we are approaching psychological levels 1820,23,25 and 30 and this means they can drop it like its hot at any point. Be ready to come out of longs and get into shorts and look out for sniper entries at those levels for juicy shorts. If they don't work out then we just try again from higher, but the bottom line is Gold wants to go and fill that rogue wick at some point (1670). It will definitely be great to be in from the best possible price for the ride. sometimes you have to be entering while everyone else speculates and sometimes you have to sit on your hands and wait for the right triggers Good luck Guys! This is not financial advice and should be taken with a pinch of salt
OANDA:XAUUSDShort
by Squeeezy-Trader
2
USB Bullish inclined Naked Puts 28 Jan Expiry (Jan Track 3)Whats The Plan/Trade/Thought US Bancorp is an American bank holding company. With the Fed intending to increasing interest rates to combat the high inflation numbers. I expect banks to see an increase in their earnings from this especially near term where consumer sentiment is still bullish. Already the Nasdaq bank index is up around 32% for the year I Feel The market in my opinion is in a bearish range. With drops being deeper than the recoveries. USB and a number of the financial counters like MET, TFC, BK, BAC are in a similar price pattern. Mostly near the bottom of their range. If the range continues it will also be aligned to my near term POV on the banking sector Imagine Yourself Taking The Other Side On the flip side as I do feel we are market wide in a bearish sideways movement. Having USB drop and break the range is also a possibility. Will need to monitor this. Also the price action since 25 Oct 2021 has been bearish. Imagine Yourself As A Neutral Observer This trade is really not about up or down but really about trading on the lack of expected volatility. Do we expect defining movements in Jan? Look For New Information There is an Earnings release on the 19 Jan that I only realised after I entered the trade. This is very careless of me... I will need to be vigilant during that period. But generally earnings in the past three quarters have beaten estimates How Do I Feel Now Somewhat lukewarm with my decision. I believe the uncertainty is due to the 19 Jan Earnings I did not notice. Also while the daily chart is showing a range and I am reacting to it and not predicting a bottom. I am still apprehensive as it can break the range. Trade Specs Sold 160 Puts @ 0.25 - Strike 51 % to Strike 10.14% ATR % is 94% BP used 81K Max Gain: est $3896
NYSE:USBLong
by Ronin_trader
JPMorgan ChasePotential double bottom setup here. I like this companies financials. It's a credit card company so I'm thinking about the attractiveness of reward points and holiday spending. Even though it's not estimated to be a great holiday season for some, I'm more so thinking about the surcharges and end of month billing here. Chase is also a bank on top of that and just in case they raise interest rates, this may not be a bad move. I want us to reach anywhere between 50-68% of the previous high which was set inn October. I love financials around this time of the year. Let's see what happens! Not Advice! Only an Idea! This trade may end up going wrong. That's the nature of trading! Let's keep getting better!
NYSE:JPMLong
by Redimere_91
Ripple(XRP)-4H & D Ripple is very much like moving bitcoin. The recent decline and outflow of dollars from bitcoin could be a good opportunity for other altcoins to grow Ripple is one of the currencies that has the potential to increase 10x !! According to Wal-Alert data this month and the past few days, a large number of ripples are coming out of CEX and circulating among whales. 2022 will be a very important year for Ripple, given the positive news from Ripple courts, the world's banks are gradually preparing to accept Ripple. Ripple is currently in a correction process inside a rectangle AND below is its down trend line : Support channel 1 is very important and strong, if it returns from this area, it can start its movement to stabilize above $ 1 and touch $ 3 in a short time. ( high probability) If it fails to maintain this support, it should be expected to hit support channel 2 (Low probability) Support channel 1 : 0.8066 --- 0.7690 Support channel 2 : 0.6436 --- 0.6001 good luck
Long
by M900E
GBPUSD Swing Trade 5R+This trade wasn't intended to be a swing trade, but I had a profit target I calculated that price would reach, so I held the trade and waited for the target while trailing my stop behind to keep me safe. I took the entry off the 70.5% Fibonacci level and rode price action down as it broke for new lows over the past 2 days. I took this trade on Wednesday 24 November and today 2 days later it hits the final profit target before the markets close for the weekend. Overall a very good trade with great profit management
Short
by tjbate
2