NAS100 Long valid and running ☝️👍Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Cfdtrading
DE30 sell valid and running 👇👍Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Trading gold on the 15M part two✌️Evening again traders.
This part two of my trade ideas on how I've trade the gold drop on the 15M chart in the last 24 hours.
Part one can be found here.
The strategy shared in part one was a trend based strategy with solid returns based on following the trend with a stop loss.
The strategy only had a 24% win rate but still had a proven record based on 100 trade sample.
As humans we are not easy with the thought of losing money and it can impact on your trading psychology massively.
If a 24% win rate isn't what you are comfortable with here we have a relative strength index reversal strategy which is still in early stages of development.
RSI settings can be set individually to each instrument then the back test data sample of trades shows us how profitable a strategy has been.
This back test data provides us with the necessary information to plan for probability in our method of trading.
The strategy applied on gold 15M this time is a reversal strategy based on RSI working within in a set period of hours.
As with every idea the trade history can be found at the foot of the idea.
The strategy has a much higher win rate at 64% over more trades, but also profit is less. However we still have a proven edge.
Note the strategy has already alerted to a potential long trade already today before presenting this next long opportunity.
As traders we have to understand that no strategy will win all the time. Gold could well continue downward but this reversal strategy is saying its time to go long.
The big choice we have to make as traders is picking a plan and style that suits us as individuals but also what we emotionally feel comfy with.
Two contrasting styles shown on the two ideas tonight. Comment below which style would suit you the most.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Back in a US30 sell position. Is anyone else 🙋♂️🙌This US30 strategy yesterday had a successful long position hit TP target.
A few hours later an alert for a sell position presented.
Currently in a bit of draw down but lets see how this one plays out.
Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
The stats for this pair are shown below too.
Thank you.
Darren
$XAG CFD - Silver can go to 30 and above if it clears 28 hereAs said before and I will say it again, in the past months, Silver's trend and evolution is much clearer than Gold's
As you can see from the chart, after reaching 22 on Thanksgiving week (1765 correspondent in Gold ), Silver has had a clear uptrend.
More, last week's fall in Gold to 1760 has a 26.50 correspondent in Silver , being far from a drop and just a simple and minor correction (22% higher than the recent low).
I expect this divergence to continue, and Silver to be more bullish than Gold also in the future.
My strategy for Silver is buying dips and I expect $28 zone to be broken and accelerate its up-move.
The first resistance is at 30, but this can be easily be broken if we also have a wave of Gold optimism.
AUS200 - Bullish Counter Attack !Hello, traders.
If you search the information about CFD, most people lost money when trading it. It is because this difficult to trade? I don't think so. The most common problem in my opinion lays on 2 factors. First is do not have solid trading plan. Second is do not have risk limit level.
The first factor talking about to forecast how market move based on solid information showing in your chart. Let me explain this using the AUS200 chart.
For your information, AUS200 have a beautiful chart pattern. Take a look at the chart. It is consistently making pattern up - sideways - up-sideways-up-sideways. And guess what, AUS200 now is sideways between 6578.9-6769.5. And just been broken this week. So, I expect the AUS200 will go up again to continue the market pattern.
Looking the current price action (how price move and behaves to the environment surround it), AUS200 struggled to break minor resistance (6849.5-6824.4) and this will make the price will go down again potentially to test minor support (6751.3-6712.5). But, do not forget AUS200 also has strong support there (6769.5 - marking with green line in my chart). So, market potentially go down to the supports and rebound from there when buyers into market again.
Regarding the probability (remember, trading always and always about probability). Whenever you see the chart, you always have to remember, that market moves in probability. And it is also possible that market can break down the support, and if this happen, then the "rebound" scenario I tell you above will be invalid. Therefore, as a trader in market we needs factors 2, that is risk limit level.
Riks limit level - second factor - talking about how much money you want to risk in market. In factor 1, we forecast when and how market moves. Then in second factor, we also forecast where market will go. In AUS200, my forecast is if price rebounds in support, then it will move again to go up to test the minor resistance (6849.5-6824.2) and after breaking it, it will then test the major resistance (6883.14 - red line) as my major target. From this forecast, I know how much reward (1.4%-1.9% increasing) I get if I buy on support. From this reward, I know how to measure my risk tolerance based on stop loss I set up overthere.
Risk limit level also help us as a added factor to place our entry level. Because everyone wants a lower risk and higher reward, so, if you already know technical knowledge and stick with your risk limit, you will be pushed to select the most entry level that suitable to the stop loss level that accommodate your risk limit level.
Alright then, I hope you can get the idea from this short tutorial I give to you. Happy trading.
Stopped out of Long. Initiated ShortClearly stopped out of the long position, order was filled at 3816.84. (top red line)
Approximately 10% loss on the trade. So unfortunately we have erased some of the previos gains from earlier this year.
Based on our model, the short term trend has shifted to negative. As such, a short position has been initiated at close. (bottom red line)
Stop is set at 3780.28. (Green Line)
Message if you have any questions. More resources on the way supporting info on the model.
Moivng stop up to 3817. Great trade so farQuick update on our SPY CFD swing trading strategy. Entry price was 3797.92 and we have a great profit of 10.83% based on current price. Moving the stop up to 3817. This came very close to getting hit earlier today, but the price has improved since then. Follow for more updates on our proprietary S&P500 Swing Trading System. So far we are up over 20% year to date. We have full details and update videos coming to YouTube shortly. Will be sure to post the links when everything is up.
PALLADIUM 1D BEAR FLAGBear Flags are a Range type of chart pattern.
Bear Flag Ranges are repeatable trading chart patterns.
Bear Flag chart patterns will have a directional bias (Short) depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending Volume bars and descending ATR line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of volume average for a full position size.
b - If 75% of volume average then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
If not 75% then stand aside from the trade.
2 – If candle breaks out of a trendline, 15m before the close of the day prepare your buy/sell order.
Enter two trades. 1st trade will have a SL & TP. It will close automatically when the 1st TP is hit. 2nd
trade only has a SL and will be allowed to run. When 1st TP is hit move the SL to breakeven. Look
at ATR and prepare SL at 1.5 of ATR. Prepare 1st trade TP at 1 of ATR.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 – After Breakout candle – if price closes back into chart pattern close trade don't wait for SL to be hit.
*9 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.
Netflix ongoing Long position. Morning traders.
I have just recently posted an idea on how I've traded Netflix this year.
I have linked that idea in on this one.
Just wanted to share and fast forward to the here and now to show the long position currently entered via the script I am using.
For any information on the script please drop me a message.
Nokia possible impulse wave in the making!Nokia hasnt been looking to good the past couple of years, but this all could change very fast.
with the upcomming Q3 earnings release coming up this thursday and alot new 5G contracts in their pocket this could be the start of a big impulse wave up.
fundamentals:
# march 2015 can be seen as the beginning of a HUGE descending triangle with a fake bearish break out starting at september 2019. Nokia is currently being traded at that so important level and needs to be taken in order for this lookout to become truth. after that the level to watch is 4.3 as this would confirm the bullish breakout of the triangle. NOTE: descending triangles are normally bullish patterns, but trade carefully as their are some huge levels to conquer.
# Nokia has been a big factor in the 5G industry with over 125 contracts concerning 5G, with the expectations of 5G becoming bigger and bigger this would logically push nokia's shares higher and higher.
# the chart shows that the fibbonaci level 0.786 drawn from our last H/L was accepted as a support level (currently being traded in the golden pocket area which i didnt draw to clear the chart a bit )
If we manage to break the golden pocket area upwards these are the level to watch and possibly take profit:
TP 1: 4.30
TP 2: 4.97
TP 3: 6.59
TP 4: 7.82
TP 5: 8.45
Stop-Loss : between 3.2 - 2.7
Dont over leverage!
Trade safely and do your Risk Management !
Give a follow and a like if u liked my analyse on nokia!