Challenge
SPY Lovers ! Bullish and Strong but wait... there is a challengeThere's really not much to analyze here. As we can see on the chart, SPY remains strong and in an upward direction.
What I'm expecting: I'm waiting for the price to reach my 565.16 zone as a rejection or liquidity point so that it can regain strength and eventually break through the zone later on.
Other than that, there's not much to analyze—SPY remains strong.
The challenge this week will be reaching new highs, as we have very important economic news coming up, which could bring a lot of volatility.
We'll see what happens this week.
Thank you for supporting my analysis.
$SOL scalp - August scalping journey trade Nr. 8Couldn't post the last win on WIF here on TradingView but this setup here on SOL.
In this analysis, we're examining SOLUSDT on the 1-hour chart. The price has recently tested the 4H Balanced Price Range (BPR) and is now approaching the 1H Demand Zone. This zone presents a potential opportunity for a long position, targeting a retracement to higher levels.
Key Levels:
1H Demand Zone: This is the key support area we are focusing on. If the price holds above this zone, it could trigger a bullish reversal.
4H Balanced Price Range (BPR): The price has interacted with this balanced area, suggesting a point of equilibrium in the market. This interaction adds weight to the likelihood of the 1H Demand Zone holding.
Market Structure:
Break of Structure (BOS): Multiple BOS have occurred previously, indicating the market's transition from a downtrend to an uptrend. The current pullback into the demand zone could be a healthy correction before a continuation higher.
Trade Plan:
Entry: Market Entry now on the BPR and a DCA bid lower at the 1H demand
Stop Loss: A stop loss could be placed just below the 1H Demand Zone, around the 140.76 USDT level, to manage risk.
Target: The first target could be set at around 158.3543 USDT
SOL scalp - August scalping journey trade Nr. 3The only setup from the livestream that I will be playing is this setup on SOL. You already know the plan, 30m FVG + demand should hold and target new highs.
The chart highlights multiple Breaks of Structure (BOS), indicating key levels where the price has shifted its market structure, moving from a bearish to a bullish trend.
30-Minute Fair Value Gap (FVG):
The 30-minute Fair Value Gap is a crucial zone where the price is expected to find support. This gap represents an imbalance in the market that the price may revisit to achieve equilibrium.
30-Minute Demand Zone:
The 30-minute demand zone, located just below the FVG, is another significant area of interest. This zone is where strong buying activity previously occurred, providing a potential support level for the price.
How to win a PROP FIRM? Some life-changing trickSome people asked me a system to win prop-firm challenge and be funded. I decided to share some mind blowing trick that can really let you win your first prop firm and became really, really profitable. Lot of people ask lot of money for this, i am just asking a like, a follow and your support. So, let's start with some trick:
- If you have a $10.000 account, what lot size will you use?
- Most traders use 0.50/1.0 Lots a trades. Let me say, especially if you are a beginner, that this is wrong and you will fail 100%. Why? Because it will be really hard for you to manage emotions and be accurate. I know, some systems use 1:3, 1:6 or above R:R and you can also have a 30% win rate to be still profitable. I know that, i know how to increse accuracy, i know the best level to enter, the inducement entry, the high accuracy setup and most of the shit you can find online. But let's be honest, most of the traders that start a challenge account, sucks with system and will fail. And, most important, traders that start a challenge are not professionals that can spent 8/10 hrs a day waiting for the best entry.
- So what system should i use to win a challenge?
- Swing. Probably, if you start a challenge, you will fail in the first week. Go swing, wait for the profits, manage the entries, and using my money management system, you can chill and don't be worried during the challenge.
- What about the money management so?
- I will explain you better in a new thread, if this ideas will reach at least 15 likes.
- This shit is not helpful, i there is nothing new that can help me.
- So, i will show you something so simple that will change your trading style in a second. I suggest you to use cTrader. In cTrader, when you open a pair, you can see market sentiment. this will show you a ratio about long/short. When you see that the sentiment is imbalanced (More than 60% are long or short) you know that you should wait and not open a trades. You will see the sentiment increasing in long or short (it will be 80/20, and probably more in the next days). I am pretty sure your analysis are agree with the market sentiment. So, if 97% of the traders loose money and, for example, 85% of traders are short, what do you think the price will do? There are high chances will go in the opposite direction. So wait, and don't be worried to miss a profitable trades. Every trader is thinking exactly like you. Sentiment is telling you that. They will loose money at 97%, do you?
I have lot of trick more that will really help you win a prop firm, and be profitable. Support and follow me and i will reveal more