EUR/USD likely to fall again!Hey tradomaniacs,
EUR/USD just tested a strong resistance-zone where price could reject from in order to follow the trend.
If risk-off continues it is more likely to see a stronger USD-Dollar and so a suffering EURO.
Only 10% Inflation could push EURO as rate-hikes are getting more likely.. ;-D
What do you think?
Daytrade
GBP/USD likely to fall!Hey tradomaniacs,
after recent fake-out it looks like we get a retracement and a fall for GBP/USD.
The fakeout looks clear to me and could provide us a great move to the downside.
Remember it is risky to trade ahead the NFPs aswell with lower volume in the market due to holidays in asia.
What do you think?
Nasdaq completing ABCDE patternAs illustrated the nasdaq is about the complete the ABCDE pattern, it also broke a crucial support level which is also the .0618 fib level. EMA's also showing we're still in a downtrend and are not getting out anytime soon.
This will mostlikely take some time to develop and is good for the swingtraders among us.
Trend is key.
GBP/USD likely to fall!Hey tradomaniacs,
looks like GU has just re-tested the resistance-zone after fakeout with great momentum to attract ans absorb buyers.
So far a great spot to go short but still risky due to the news from BoE.
Make sure if u short that you manage aggressively!
What do you think?
Ym1! How to #trade #daytrading #DOWJONES #FUTURES How can we use simple indicators to trade??
#trendanalisys #chartpatterns #tradingview #trading #stocks #sp500 #stocktrading #dojones
#forex,#tradingroom,#daytrade,#daytrading,#dowjones,#nasdaq,s&p500,#trade,#nyse,#crypto
$spx $ES_F $DJIA $DJ_F $COMPQ $QQQ $SPY,
I Use 1 minute Chart of Mini dow futures contract
the add #supertrend indicator + visibe range volume profile and you can use any occilator
ASK ME FOR MORE.
SPX500 getting absorbed by sellers!Hey tradomanics,
currently we see an inceberg-order and absorptionat the top of the day.
As long as aggressive sellers dont appear price wont drop as limit-orders can`t move the market, but we know we have a strong resistance here!
Overall a fakeout-zone so watch this price carefully! A another fakeout above this orderblock could provide more liquidity to the sellers.
Current situation is not very clear but buyers tend to exthaust so a drop is likely!
What do you think?
NZD/USD likely to fall!Hey tradomaniacs,
NZD/USD has re-tested a strong resistance-zone aswell as the current trendline.
Also see how price moves to the previous PoC, which could act as a resistance here.
Overall a great spot to short if we get more risk-off in equities.
Technically its good to wait for a break below the lower resistance-line of the zone to get a g ood confirmation as this would define a fakeout.
Let`s see =)
LUNA2 Looks Like it Wants to Test The Range Highs Very SoonIt looks like LUNA2 is still trading at the lows of the Range and has formed a small Bullish Gartly at these lows with some Bullish Divergence on the RSI I think we will see LUNA2 rising towards the highs of this range in the midterm while LUNC continues to decline into the One-10-Thousandths .
USD/CHF likely to move UP!Hey tradomaniacs,
we could see another spike up wit the current re-test which is showing absoprtion in the future-market by sellers (USD/CHF - Buyers).
Don`t get confused as this future-chart shows CHF/USD...
Could be a good one but I`m still cautious due to FOMC this week, so market could be volatile and uncertain.
S&P500 (ES500) likely to move up ..high riskHey tradomaniacs,
todays morning orderflow looks fishy and we might see a move up due to trapped sellers getting fooled by iceberg-orders.
If aggressive buy-pressure comes up soon and sellers give up against the whales we might see a correction to the upside.
I`ll give it a shot even tho its a very risky trade... let`s see
EUR/USD likely to fall!Hey tradomaniacs,
looks like we got trapped buyers in the market means we could see a at least a retracement or a complete drop with the test of the current resistance-zone.
Market has been a little bit tricky due to weird correlations but I will give it a shot and short EU here.
What do you think?