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Recognize the problems that you have..Trading is a complex venture that involves understanding financial instruments, charts, patterns, market conditions, risk management and other factors. Becoming a successful trader requires more than technical knowledge. You also need to develop the right mindset to navigate the psychological intricacies of trading. Human emotion, instinct, and behavior can profoundly impact your decision-making process. That’s why it’s important to understand trading psychology. ~ OGwavetrader
Education
by OGwavetrader
XAUUSD Gold trend analysis todayI know many people are waiting for my analysis today. The next trend analysis of gold is drawn in the chart using the hourly cycle. (1): Technical analysis of the bull market The current key price pressure levels are in the following order: 2758-2760 range 2770 area 2778-2780 range 2790-2800 range. All of the above are the prices we need to pay attention to when we are long. They are of great significance to the transaction and directly determine your offense and defense. (2): Technical analysis of the bear market We need to consider the worst possible scenario, after all, today is Friday. The current key price support levels are in the following order: 2758-2760 range 2753 area 2736-2740 range 2710-2720 area Near 2680 We cannot predict the unknown, but we can clearly make a reasonable trading plan based on the current situation My deduction basically covers the essence of all technical models, which is a summary of experience and wisdom You can clearly see the graphics I drew to learn Reasonable division and fractal So at present we regard 2758-2760 as an important watershed between longs and shorts Important range for intraday trading today Next I will continue to update and optimize the next trend. Thank you for your attention. Please support us by liking and sharing the post. And leave your views in the comment section
OANDA:XAUUSD
by GoldFxTradingPioneer
Audnzd short ideaHello all, My last post was a dud but definitely made some pips on a few other trades but since September have been hemorrhaging money but hopefully now recovering with some ground with eurgbp buy of .25 lots which I bought just based on strength indicator. Ok that being said this is what I would like to think of as my signature trade where price breaches an important diagonal trend retraces and then bounces off of said line. Please also now giant daily head and shoulder formation. Thank you and happy trading!
Short
by leov779
1
BTC ANALYSIS REVIEW"As anticipated, BTC offered a solid buying opportunity after breaking through the order block. I entered the trade following a confirmed break on the 15-minute timeframe, with a retest and rejection on the 5-minute timeframe. My stop-loss is positioned below the swing low, with the target profit near the next upper order block. I've already secured 40% profit at a 1:2 risk-to-reward ratio, and I plan to fully exit at 1:5. Follow for more trade insights and setups!"
Long
by munmeeth
Gold's potential to push higher todayGold's potential to push higher today can be attributed to a few converging factors despite recent volatility. The metal saw significant downside pressure yesterday, likely due to profit-taking after recent highs, yet it remains supported by ongoing geopolitical tensions and renewed demand for safe-haven assets. Notably, tensions in the Middle East continue to attract investors to gold as a hedge, providing support amid concerns of an escalation in conflict​ KITCO ​ KITCO . Another factor involves broader financial market conditions. The dollar remains strong, which often puts pressure on gold, but the likelihood of more dovish moves from the Federal Reserve in the coming months is supporting the metal’s upward trajectory. Analysts from Goldman Sachs expect continued central bank gold purchases, particularly from emerging markets, alongside possible Fed rate cuts, which could sustain demand for gold as a hedge against fiat currency volatility​ GOLDMAN SACHS . Given these dynamics, today’s upward movement in gold could be seen as a response to both immediate geopolitical fears and a continued expectation of supportive monetary policy, potentially leading gold toward further gains in the near term.
COMEX_MINI:MGC1!Long
by OssianH
GOLD POSSIBLE SELLBased on Daily TF, the market seems to be forming a possible reversal chart pattern. We could see Sellers coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
TRADENATIONSB:XAUUSDShort
by WiLLProsperForex
REMUS Diwali Pick 2024Stock Analysis and Trade Setup This chart shows a steady uptrend with well-defined support and resistance levels: • Bullish Scenario : The price is holding above the ascending trendline, suggesting continued bullish momentum. A breakout above the 2,780.45 resistance level could provide an entry for long positions, targeting the next resistance at 2,834.6. Further gains could aim for the psychological level around 3,272.1. • Bearish Scenario : A breakdown below the key support at 2,530.8 may signal a potential reversal. Watch for a short opportunity below this level, with a further downside target around 2,299.15 if bearish momentum strengthens. The RSI shows some room for further upside, though it’s nearing overbought territory. Monitor volume for confirmation of breakouts or breakdowns as you plan your trades. Disclaimer: This analysis is for educational purposes only. Please conduct your own research before making any trading decisions.
NSE:REMUSLong
by tintinhawk
November 1 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is the Bitcoin 30-minute chart. There is a Nasdaq indicator announcement at 9:30 and 11:00. The mid-term pattern was broken due to yesterday's movement, and unlike Nasdaq, it touched the lower Bollinger band first. There is pressure on the 12-hour chart -> daily chart MACD dead cross. *Blue finger two-way neutral strategy. Independent trading -> Start with a short in the 1st section of the purple finger (Stop loss price when the orange resistance line is broken) 1. 69,163 dollars long position entry section / Stop loss price when the sky blue support line is broken 2. 70,625.5 dollars long position 1st target -> Top 2nd target If the 12-hour chart and daily chart MACD dead cross are not resolved during the weekend, it seems difficult to break through the Top section. (Try to enter additional short positions autonomously.) I have prepared a strategy that is imprinted while moving sideways rather than plummeting. The lower tail section is the second section of the sky blue support line, and it is best if you do not deviate from the green support line. (Bollinger Band 12-hour chart center line) It is best if you maintain the true blue support line without deviating until the weekend (6+12 or 12 + daily pattern recovery) It seems that the direction will be determined within the red resistance line / true blue support line convergence section. If a danger signal is imprinted until the weekend, I have hidden the final long position switching position. A hidden picture that is clearly visible... Up to this point, please use my analysis articles only for reference and use, and I hope you operate safely with principle trading / loss cut prices. Thank you for your hard work this week.
BYBIT:BTCUSD.P
by BitCoinGuide