Day-trading
EURUSD will it clear out of congestion?On EUR/USD we have a strong congestion. I have identified two hot zones, one supply and one demand. The expectation is very simple, I will look for a short or long trade based on the setup that could be created if the price were to return within the supply or the demand. We will see... Patience is the key. Let me know what you think in the comments. Happy trading everyone, bye.
XAUUSDGold has a strong demand zone around the level of 1990. Currently, my view is neutral. What I will do is wait for a possible formation of a supply within the main demand zone, and from there I will look for a long entry. If the price were to break the main demand zone, then I will look for a short entry.
The goal is to search a possible supply demand zone inside the main demand zone h1
Let me know about you think in the comments.
Have a nice trading!
USDCHF Intra-day Technical analysisMy Idea on USDCHF for pre market open is, I expect a little bit of protraction down , in to a fair value Gap, before it Rally's in to a BEARISH Order block , the I expect a pull back , and another impulse Bullish strength, to breaking the Order block, and hit the extreme Order block.
Gold Setup Idea: Pre New York (Oct 5, 2022)Analyzing price action from the past 2 Sessions, Asia and London, I see bears stepping in. The Bulls are hitting daily resistance and may need to breathe. Asia and Pre-London both retested the high formed, both Monday + Tuesday were very bullish days, so I am not going to be surprised if we see a Bearish NY session today, or possibly some consolidation. But what I am looking for is price to break the 1H Support, and then form a LTF resistance; once the resistance low is broken I will enter my short trade assuming the range is still 50+ pips.
We could be long for the rest of the week GBPJPYHi Traders,
Today I take another look at GBPJPY, Price has dropped as expected in my previous post, But I have gotten stopped out before the drop. Looking At price, I believe the move is now done and we can expect a continuation to the upside.
Based on the 30-minute timeframe we have bounced off support and started moving bullish with all the current 30-minute candles closing as bullish candles, price has now met a minor level resistance at 166.600. If we are able to break above I will be looking at an easy Buy setup to 167.8.
Price could continue to make new highs But I will be happy with a 120 pip trade.
Be safe in the Markets.
Renaldo Philander
This is how to trade SPY on TuesdayHi traders, we have a trading idea on SPY for Tuesday that we think would be interesting for you:
So, after the trend has changed in the last few days we can expect the SPY to gapped down at the beginning of the trading day and after a false break will bounce up again. If so, we will enter the trade with an excellent R / R ratio towards the $ 429 area.
🎯 HISTORICAL EDGE - 77.50% WIN RATE - 08APR22PRO TRADER : Do you see the HISTORICAL EDGE?
NEWBIE : silence ...
PRO TRADER : Ok, we got a 10day low yesterday. Today the SPY gaps up and closes positive on the day. This close is above the 200MA.
⬇️ ⬇️ ⬇️ RESULT ⬇️ ⬇️ ⬇️
🔱 This setup has occurred 40 times since 2007! 💎
🔱 The 1 day move from here has had 77.5% chance of being bullish 🟢 ( aka higher for the cash session 08APR)
🔱 The average move up has been 0.8%!
👉 Aka we predict that on the 08APR22 the general market (SPX) has 77.5% chance of closing 0.8% here from here!
Ascending triangle pattern on IOSTHello everyone,
we can see that IOST have ascending triangle pattern right now, so it could be a good opportunity for shorting. You can try to short only if price crossing down pattern red support line. Make shore that BTC also going down. This is day trading strategy, not for the long term.
Trade Review] How I Trade Red Days! + Trade Review: $SNAPIn this video I will reviewing the trade I took on July 19, 2021 which was snap breaking down time frames and levels. As well breakdown how i trade Red days giving you guys my two simple strategies to do so. Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emma's, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always!
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EURAUD - trade running in profit - check out our strategyVery simply strategy, the chart speaks for itself.
For more information on our strategy please view our 'Scripts' page on our Trading view profile.
Our V2 strategy shows the SL and multiple TPs on the chart too.
Works on all instruments
Directly onto your own personal trading view - all devices work
Non repainting
Regards
Darren
Blue FX
EURUSD BULLISHEURUSD is very bullish. I believe we saw a current top on the Dollar DXY. We see higher highs on EURUSD as displayed on the chart - but what stands out the most is that we have a possible low resistance liquidity run to the upside. Especially since we have broken out of the range.. TP = Eye Icon