Cfdtrading
USOIL - Breakout Happened!Hello Fam!
USOIL broke the ascending triangle to upward as I expected. We also have a fixation above, so I expect the CFD goes upward when market will open.
Good luck to you!
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Idea is not the financial advice!
AU200| SELL TRADE📉| @MKT EXECUTION! - INTRADAY🌟Hypothetical scenario:
( 1) Entry @ 6093.5 (Sell MKT)
(2) Stop Loss @ 6106.0 | 12.5 points
(3) Target @ 6050.0 | 56 points
(4) R:R = 1:4.48
Stay tuned for the updates.
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*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.
AUS200| SELL TRADE📉| INTRADAY SCALP| VWAP FADE🚨Hypothetical scenario:
(1) Entry @ 6019.0 (Sell LMT )
(2) Stop Loss @ 6029.0 | 10 points
(3) Target @ 5990.5 | 28.5 pips
(4) R:R = 1:2.85
Stay tuned for the updates.
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*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.
CFDs on SUGAR (SUGARUSD)Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
PALLADIUM 1D DESCENDING TRIANGLEDescending Triangles are repeatable trading chart patterns.
Descending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
Whatever 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 the average volume for a full position size.
b - If 75% of average volume then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
2 - Enter two trades.
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
*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.
NATGASUSD | Just Be Careful with GasPlease support this idea with LIKE if you find it useful.
Price did not fix above the Ichi Cloud resistance zone might lead to the leg down when market opens.
If the growth continues we will retest the higher boundary of the Descending Channel. In case there is a rejection we can initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
USOIL - Long-term ideaTVC:USOIL
Hope you all are doing great amid COVID-19 scare. I wish good health to you and your loved ones
Best appreciation would be LIKES on the idea if this helps you and do give us a FOLLOW .
With the CORONAVIRUS scare, the biggest hit industry right now is the OIL sector due to obvious reasons. Most of the bigger countries are under lockdown and there has been very low demand of OIL right now across all sectors and all the efforts put in by US president trump to enter in talks with Saudi Arabia to check falling prices through talks have failed for now. Trump however reportedly plans to meet with top oil executives on Friday to discuss the issue in hand however looks like it is only going to help temporarily.
Now let us look at the USOIL charts (on log scale) from technical perspective and what we see is that the USOIL has formed a channel and looks like will hit the bottom of channel at ~18$ and form a bottom there (Check Circle in Red). This is also an area which is confluent with the historical support/ bounce-off zone as can be seen in the chart (green line).
My Idea is to go long exactly in the area as highlighted with a Circle (Long Zone) and earn TVC:USOIL profits with a target of ~27$ --> ~31$ --> ~65$
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Thanks,
Yo Crypto
GOLD (Y20.P1.E1).Bullish momentumHi All,
The point of contention will be the level where it was rejected 3 times.
We would expect at this point a large % to sell.
Note: We will get confirmation of inverse H and S at 1668.
However it will be short lived and just like Tesla, it will spike up past this and beat the all time high.
Monthly Chart
Regards,
S.Sari
Palladium When Does The Ride Stop?Palladium has had a massive drive up in price. Previously below platinum, it's come into it's own. The market is tightly controlled by a few major players, and possible supply interruptions helping fan the bull flame.
$2000 Rejection most likely profit taking, and an outlook over $2K imminent. I am waiting to take a short position though, as a rally like this has the potential to unwind quickly, and the upside at some point will be capped.
Key points of support sit at
$1835, $1700, then $1600 in the short term.
Will also be watching RSI for a short on any overbought rallys over $2K mark in the next few weeks. Whilst keeping an eye on news of the current supply/demand fundamentals in the case of a continued rally to future gains.
ESP35 Broke weekly trend line!!!Here got a beatiful set up with a lot of possibilities for a super swing ,we got a break and close above the descending TL that lines up with that AT 38% fib and if we zoom in we got a nice bullish candle pattern and all this after the higher timeframes finished the 5th wave indicating a possible trend reverse that seems to be confirmed after a new weekly high was formed last week