Daytrade
DAY TRADING: SHORT EURUSD. TARGET 1.07940TRADE TYPE: INSTANT ENTRY SHORT
TRADE DIRECTION: SHORT
TIMEFRAME: 4H
ENTRY PRICE: 1.08500
STOP LOSS: 1.08900
TAKE PROFIT: 1.07940
RISK TO REWARD: > 1:1
ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high
Follow this thread for any future updates regarding this specific trade.
CAUTION: Trading is a Probability Game and could wipe out your account if risk management and strategy is not followed properly. Cheers
EURUSD Smart Money ConceptsWelcome, fellow speculators.
Here I have EURUSD which I have assessed as being bullish due to evidence of the market structure forming higher highs and higher lows via my 15M-4H timeframes. I want to see price give a pullback to my deepest order block which I have refined with my Fibonacci retracement tool. I have set an alert above my speculated entry level so I can properly assess the price action before aiming to enter. I want to see positions become liquidated before even pondering entering into my long position.
Trust & Patience
-KWH
BTCUSDT IMPORTANT UPDATE!You can't expect the market just go from 1 direction to the opposite one directly. After the market picks up a specific direction, we don't instantly reverse on the daily timeframe, we mostly should see the market rotating for 2 to 3 days minimum, before we either see a continuation to the upside, OR reversal.
For the last 3 days Bitcoin has started rotating a little bit, and forming a zone of balance, which means that the Phase 1 of One Timeframing Higher has came to an end. We should wait for a legit breakout to know where would the next direction be at.
MSFT Big Short side possibleWe have a very small inverted hammer on the weekly. This is a bullish reversal. We need to see confirmation over the next couple days. The weekly 200ema is feeling the pressure of MSFT trying to push lower.
On the daily we see multiple attempts at the 9 EMA. We also see strong resistance and selling pressure in the 228.40-232.20 area. We also see similar behavior on the weekly chart. Right now the area holding up MSFT from lower lows is the 225-228 area.
Long trigger is 230 - 231
Short trigger is 222 - 224
Watching this one closely.
This one based on the weekly is a 50/50
based on the daily I think we will see some lower consolidation before a direction is decided on the weekly.
$128.50 Temp Bottom on AAPL going into CPI?Once AAPL broke $128.65 last Friday, I've been patiently waiting on a retest. Today at 10:45 we retested, dipped below level and reclaimed it and then retest it again at 12 and has a strong upside move. With this context, the rejection wicks on the 1h candles and the fact that we've broken out of this channel that apple has had for a few weeks, I am anticipating $128.50 to be an excellent long level to lead us to 134+ later this week. Stay tuned and please follow to show support! Thank you.
$SPY Monday Day Trade IdeasOn the left I have a 15m chart and right, 4h chart. Being as though Mondays have usually been rough for the markets and we have Consumer Inflation Expectations for December being announced at 11 AM EST, I'm thinking the markets opening green could be a setup to force some downside momentum. I believe if we can hold under this $389 area that we can retest around $386.50. If we base out around $389, the next leg up is to $391.50.
Also, on the 4h chart the 50 and 200 SMA are both acting as resistance on Friday's closing candle. Because there are two moving averages in the spot, it's something I can't ignore from a bearish perspective. Otherwise, there seems to be a potential gap fill setup back towards the $399-$400 area.
TSLA RepeatTSLA is being played with by institutional Robos. I expect a pop up to the blue 8 EMA Line.
Watching 114.20 for resistance, 117.14 is a first target, 120 area being a nice wall to hit before dropping or moving further into the 125-130 area. If we hit the 120 wall I suspect we will retest today's highs for support. TSLA is finding its feet.
IF we are able to clear 122, then 125, I think TSLA has clear skies to 130-135 area with minimal pull backs.
Some of this requires the SPY to play nicely. Lately, TSLA has been inverting the market. It's been atypical as far as market moving goes.
GBP/USD breakout-Scneario!Hey tradomaniacs,
GBP/USD recently broke out of the trendchannel aswell as the support-zone after a very strong manipulated USD during the FED-Conference.
Jerome Powell has been very very hawkish, yet the market tried to bet against him and his Dot-Plots aswell as terminal-rate.
Technically a great setup if we get a re-test of the resistance-zone!
HEADS UP: Big expiration-day tomorrow! Volatility possible!
What do you think?
#DAYTRADE 3 | Retracement After FOMC AnnouncementThe previous two BTCUSD trading ideas were both simple, had a low risk & a high return. We're going for the same with this one.
The bulls are back and we're in for a relief rally. The primary trend we're following is upwards. Same for the secondary trend that we're currently in.
I'm expecting higher highs - therefore I'm looking for a solid entry. Today's FOMC announcement will elevate the price to the next floor.
But we should see the BTCUSD price aim for some liquidity first.
I'm trading this idea as followed
Entry: 17780
Position: Long
Stop Loss: 17630
Target: 18315
Leverage: 3x
If you like this idea, feel free to leave a like and follow me on TradingView.
Cheers