AUDUSD TRADE IDEA / DAY TRADE / LONGThis is trade idea for AUDUSD Day Trade
-Buy above 0.66583 according to the confirmation that will occur.
-Australia, NZ dlrs regain ground after reeling from hawkish US rate bets
-Risk Reward 1:3
Daytrade
Review and trading plan for 12th April 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Link to set up- "OPENING RANGE BREAKOUT"-
EURUSD TRADE IDEA / DAY TRADE / LONGThis is trade idea for EURUSD day trade
-Buy in FVG TF 3M about 1.08746 (include orderblock area TF 5M) , you can choose one according to the confirmation that will occur.
-Dollar eases after strong gains on hawkish Fed bets
-Risk Reward 1:3
AUDUSD TRADE IDEA / DAY TRADE / SHORTThis is trade idea for AUDUSD Day Trade
-Sell below 0.66570 according to the confirmation that will occur.
-The Australian dollar held its recent decline to below , coming under pressure from the latest US payrolls data which pointed to a tight labor market and raised the odds of another interest rate hike from the Federal Reserve in May.
-Risk Reward 1:2
AUDUSD TRADE IDEA / DAY TRADE / SHORTThis is trade idea for AUDUSD Day Trade
-Sell in Bearish Breaker (TF5M) Area with range 0.67099 - 0.67124 according to the confirmation that will occur.
-Dollar rises cautiously ahead of key non-farm payrolls data
-Risk Reward 1:3
Monero, XMR to the downside? You have been warnedGood day everyone,
The daily time frame suggest that XMR can see a massive move to the down side. Calling out for all of eternity XMR incoming measured moves of $118 then $66, I could give you all 5 layers of confluence I see but what fun would that be, hint one of them...starts with a H ends with a S...Happy Trading folks!
GBPJPY TRADE IDEA / DAY TRADE / SHORTThis is trade idea for GBPJPY Day Trade
-Sell in bearish breaker area (FVG 5 inside) with range 164.606 - 164.746 according to the confirmation that will occur.
-Risk Reward 1:1.5
XAUUSD TRADE IDEA / DAY TRADE / SHORTThis is trade idea for XAUUSD Day Trade
-Sell in bearish breaker area (FVG15 inside) with range 1966.935 - 1969.905 according to the confirmation that will occur.
-Gold still struggle reach 2000 while crude oil soar
-Risk Reward 1:1.5
AUDUSD TRADE IDEA / DAY TRADE / LONGThis is trade idea for AUDUSD Day Trade
-Buy in bullish breaker area (FVG15 inside) with range 0.66808 - 0.66718 according to the confirmation that will occur.
-Bullish engulfing in 1H TF with price condition above Buyside Liquidity Asian Session
-Risk Reward 1:2
AUDUSD TRADE IDEA / DAY TRADE / SHORTThis is trade idea for AUDUSD Day Trade
-Sell in FVG 15M or 5M Area with range 0.66924 - 0.66970 according to the confirmation that will occur.
-AUD slips on easing inflation
-Risk Reward 1:2
AUDUSD Daytrade exampleAUD/USD long daytrade with thought process.
Explained the way timeframes in sync make a higher probability trade.
Market Bias & Top Stock Watches - 3/27/2023 - BullishBias: Bullish, will be watching for a move up to 400 area. 402.5 could be tested and broke today as well.
Top Watches: Long - PINS, TSEM, KEY, MSFT, FB. Short - BLK.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
GBPUSD TRADE IDEA / DAY TRADE / LONG (UK - RISK EVENT)This is trade idea for GBPUSD Day Trade Trade
-Buy in Order Block Area TF5M Near Sell Side Liquidity (SSLQ) of asian session with range 1.22674 - 1.22614 according to the confirmation that will occur.
-This trade for Event UK Retail Sales news.
-Risk Reward 1:3
Near Identical Rally SetupHello! Yesterday I posted an idea based on ascending triangles that turned into a pretty good trade (link below). In this idea, you can see that one included as well. The first set of triangles was yesterday's setup. Today's idea shows another set of triangles that have formed and they are nearly identical to yesterday's. I'm going to leave my long open for now. There was even a small dip at the end of the first triangles that has played out again here. Though I am long I think it's a pretty precarious situation. They won't play out the same way necessarily. There is many other factors I take into consideration when taking a position.
- Yesterdays Idea
Day LongKing W. Harbmayg's Journal Entry #9
Secondary— “Trinity Approach”
1. Thesis: Long Short
2. Performance: (1 out of 5)
Confidence— 5
Discipline— 4
Communication— 5
AUDUSD TRADE IDEA / DAY TRADE / SHORTThis is trade idea for AUDUSD Day Trade
-Sell in Bearish Breaker (TF5M) Area with range 0.67146 - 0.67207 according to the confirmation that will occur.
-The dollar index edged below 103.8 on Monday, sliding for the third straight session as the forced takeover of Credit Suisse by UBS and global central banks' action to boost dollar liquidity somewhat eased market concerns about a wider banking and financial crisis.
-Risk Reward 1:2
GBPNZD-15M-NONTRENDINGGBPNZD is making any bullish or bearish trend in short time frame and respecting support and resistance
idea is if GBPNZD will break the support or resistance our order will be execute on second support and resistance
NZDUSD DAY TRADE looking at 40 - 50 pips on this one, the volume is great and can be monitored.. lets bag.
EURNZD-15M-Sideways EURNZD is trading on sideways, trade plan is we have 2 entries on resistance 2and support 2, through buy stop and buy sell, if any of the SnR will break our entry will be execute
risk is 1% on each trade and total risk is 2%
Yemi_Fx1 | Long for GBPUSDPrice printed a bullish flag pattern which signifies a continuation of the preceeding move. My target is to the nearest area of value @ 1.2260.
I'll be considering
A Risk entry type at the bottom of the flag structure.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
SPY: Due for more downside?I've got a supply zone staring at $394 that I think will serve as a temporary top for the remainder of this week. We also have a strong resistance at $393. I may look to enter puts but I am more likely going to try to play UVXY calls with the extra volatility. I'm expecting this to get under $380 fairly quickly and ultimately down o $378 where I see a gap.
The Reason I don't recommend day trading stocks in Taiwan.Why I don't recommend day trading stocks in Taiwan?
"Using TSMC as an example for trading explanation"
Using a "valid", "stop-loss", "almost daily trading" short-term stock trading strategy for day trading or swing trading, the results are as follows:
1. Use a positive expected value trading strategy and follow discipline to take profit and stop loss.
2. Backtesting shows a substantial performance chart, 46 months, 527 trades, over five years +72%.
3. However, when you factor in the "0.4%" transaction tax + commission fee, you will find that you will lose badly. Why?
The reason is simple. 0.4% is very scary. If you trade 100 times, you will lose 40%. Will a person who trades every day trade 200 or even 300 times a year?
With 527 trades, your trading cost is 527*0.004 = -210.8%. Adding the +72% performance and subtracting the -210.8% trading cost, you will end up with a result of -100%, losing everything after working hard for four years without making any mistakes.
"If you are day trading stocks, I want to tell you to be clear-headed. The trading cost of day trading stocks is so cruel."
Choosing the right market, commodity, and understanding the rules of the game are essential!
For example:
Taiwan's stock trading tax is 0.1~0.3%, and commission fee is 0.1~0.3%
The US stock trading tax is 0.00207%, and commission fee is 0.1%~0.5%
Unless you are really skilled enough to overcome the trading cost. I do'nt recommend any traders to day trade stocks in Taiwan.
Feel free to share with those who need it to know.
Day ShortKing W. Harbmayg's Journal Entry #8
1. Thesis: Price is at my 50 level outside the 100 pip box and is at the HOD and HOW. It broke a low which influenced me to get in. This is a counter trend back to the 100 pip box where I will scout for a potential buy. Also the evening star presented, adding more confirmation with a tight SL right at the top of the formation.
2. Performance: (1 out of 5)
Confidence— 5
Discipline— 4
Communication— 5
