Get started

Beyond Technical Analysis

GER40 Trade Log Pair: GER40 (DAX) Timeframe: 1 Hour Setup: Long within 1-hour Fair Value Gap (FVG) Trade Parameters: - Risk-Reward Ratio (RRR): 1:2 - Risk: 1% of account - Entry: Look for confirmation signals within the 1-hour FVG Stop-Loss and Take-Profit: - Stop-Loss: Positioned just below the entry trigger point within the FVG - Take-Profit: Target set at twice the stop-loss distance, achieving the 1:2 RRR Additional Notes: - Utilize strong confirmation signals to support this setup - Monitor market conditions that could impact GER40 volatility
PEPPERSTONE:GER40Long
by Fondera-Trading
DOGS/USDT: Persistent Bearish Momentum with No Bullish Signalshello guys. Consistent Downtrend: Price remains confined within a strong descending channel, repeatedly failing to break above the channel's upper boundary. No Bullish Signals: There are no signs of bullish divergence or reversal patterns, which suggests that the downtrend is likely to continue in the near term. Weak Support: Although there’s minor support around 0.0005400 - 0.0005300, the lack of bullish reaction at this level implies weak buyer interest. Potential for Further Decline: Without any bullish signals, the price is likely to test lower support levels within the channel.
Short
by melikatrader94
2
Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
FXOPEN:XAUUSDLong
by syomking76418
FCPO Daily Analysis for 7 November 2024: Continue Bull RunThe FCPO market on 7 November 2024 demonstrates resilience, buoyed by supportive supply-demand dynamics and recent news. The daily chart confirms a bullish trend, while the 1-hour and 5-minute charts provide tactical insights for range-bound and intraday traders. With the Malaysian Palm Oil Board data set for release on 11 November, traders should stay informed about potential market-moving news. In the meantime, strategic entries near support levels and cautious exits at resistance can yield profitable trades in this environment. The FCPO’s performance today underscores the importance of adapting strategies across different timeframes to maximize profit while managing risk. In summary, while the FCPO market remains bullish in the longer term, tomorrow’s trading may offer both continuation and range-bound opportunities. By following key technical levels and adapting to market developments, traders can make the most of the ongoing uptrend and potential intraday fluctuations.
MYX:FCPO1!Long
by AbuOthman2020
Will Silver Close at the High This Year?In September, we discussed the potential of silver forming a 'Cup & Handle' pattern, similar to what we observed with gold at the end of 2023. We saw how gold performed in 2024. If the Silver can settle at around here at the end of this year, establishing this formation, we should be able to see the rising trend of the Silver in 2025. In this tutorial, we will discuss why silver may close higher towards end of the year. Silver Futures & Options Ticker: SI Minimum fluctuation: 0.005 per troy ounce = $25.00 Micro Silver Futures Ticker: SIL Minimum fluctuation: 0.005 per troy ounce = $5.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
COMEX:SI1!Long
by konhow
What you need to start a new trade Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) For those who bought below 70148.34, it would be good to set the 72344.74 point as the stop loss point and respond. If the rise continues, 1st: Left Fibonacci ratio 1.618 (76787.43) 2nd: Left Fibonacci ratio 2 (80999.68) 3rd: Left 2.618 (87814.27) ~ Right 1.618 (89050.0) You can respond depending on whether there is support in the area above. ------------------------------------- In order to proceed with a new transaction, it is recommended to check the position of the StochRSI indicator when a new candle is created. This is because you can focus on finding a time to buy when the StochRSI indicator is below 50, but you should focus on finding a time to sell when it is above 50. Based on the current price increase, it is expected that it will not be easy to proceed with a purchase because the StochRSI indicator is expected to rise above 50. Accordingly, I think you should conduct the transaction from a short-term trading (day trading) perspective. The difference between day trading and short-term trading depends on the response method. In other words, day trading means conducting transactions within a period that does not exceed the day if possible. If you want to exceed the day, you must secure a certain amount of profit through partial sales, and you must set a reservation sale at the stop loss point. (1h chart) To conduct day trading, check the movement of the 1h chart. (You can use the time frame chart that you usually see and trade.) Since the BW(100) and HA-High indicators are created, it means that a high point has been formed, so when it is first created, the price is likely to fall from that point. Therefore, you can conduct a transaction when the price rises after falling and shows support. If it rises after falling and shows resistance in the BW(100) and HA-High indicators, you should judge that it is likely to fall. At this time, it is a good idea to check the movement of the StochRSI indicator. The BW(100) line has been created, and the StochRSI indicator is showing signs of turning from an overbought zone to a decline. Accordingly, even if the price rises, it can be interpreted that there is a high possibility that it will face resistance near BW(100) and fall. Although there is a possibility that it will occasionally lead to a sharp rise, I think it is better to interpret it in a direction with a higher probability and respond accordingly. Therefore, it is currently a time when it is burdensome to proceed with a purchase. - Since the reporting high (ATH) has been updated, support and resistance points can be displayed on the 1M, 1W, and 1D charts. Therefore, it is not easy to select a point to use as a reference point when trading. However, as I have mentioned before, you should select the 5EMA of the 1D chart and the M-Signal indicator of the 1D, 1W, 1M charts and the BW(0), BW(100), HA-Low, HA-High indicators as support and resistance points and decide the trading time based on whether there is support. As I mentioned earlier, you should respond based on where the StochRSI indicator of the 1D chart is located based on the 50 point, so you should select the position to start trading on the 1h chart accordingly. Since you start trading only with a buy in spot trading, you should think about it and trade accordingly. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will start when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
UK100 - it has been a whileTeam, with the UK100, we have not been trade since last week we want to want for the RATE announcement today 25% basic points is off the market ENTER long/buy at 8150-55 We will consider add more at 8115-30 We need to move our stop loss far so we can move back once it it hit our first target like 8080-8065 Target 1 at 8180-82 - once it hit our target - take partial and bring stop loss to BE Target 2 at 8225-40 Target 3 at 8245-65 Remember to enter slowly with RISK management.
PEPPERSTONE:UK100Long
by ActiveTraderRoom
Ethereum - This Is The Last Buying Opportunity!Ethereum ( BITSTAMP:ETHUSD ) is still super bullish: Click chart above to see the detailed analysis👆🏻 Despite the correction of about -50% which we saw over the past couple of months on Ethereum, market structure and price action is still overall bullish. Ethereum is currently creating a bullish break and retest with a potential move of +60% towards the upside. Levels to watch: $2.000, $4.000 Keep your long term vision, Philip (BasicTrading)
BITSTAMP:ETHUSDLong
by basictradingtv
14