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Key points Short ETH 06 May 2022We can estimate with a 75.5% confidence that the volatility for today is going to be below 3.07% for this the market will stay within TOP 2830 BOT 2660 All of this being calculated with the opening value candle of today or yesterday close daily candle From the funding rate point of view, the shorts have to pay the funding fee to the long positions, giving us the idea that there are currently more shorts than long in the market(bearish) From the fundamental point of view NFP Unemployment Both of them are expected to be lower values than last month -> bearish. With all of this in mind, we can try a scalp entry for today with the next setup stop loss 1: 2750 or the opening price 36500 stop loss 2: 2830 expected top for today take profit 1: 2700 take profit 2: 2650 expected bot for today
INDEX:ETHUSDShort
by exlux
DAX (Ger30) likely to fall with other indices!Hey tradomaniacs, technically we are getting a nice chance to short DAX30 as price has hit a strong resistance-zone inside the trendchannel. Fundamentals: Market only pushed up as Jerome said 0,75% hikes are not considerable. Marked enjoyed that as it would have been the only surprise that wasn`t really priced in, but a rumor or expectation by some banks. Nonetheless - It doesnt change the tight policy. Yap.. I expect Dollar to keep pushing as nothing has changed.... ECB stays dovish while FED freaks out and fights inflation. Not good for the globale stock-market.. What do you think?
GShort
by Trading2ez
USD/JPY (Bat Pattern) 1HRPAIR: USDJPY TRADE: BAT PATTERN POSITION: BUY TIME-FRAME: 1HR -------------------- I trust everyone has had a wonderful and lovely day, or evening, depending on where you are in the world. Today I am looking at an opportunity on the USD/JPY, in the form of a Bat Pattern on the 1hr time frame. Going to be plenty of opportunity this week and most importantly, be safe trading out there everyone. <3 -------------------- Truly grateful to be here and share my thoughts with everyone. Always appreciate your thoughts and what you have to say and share, let's experience Trading in a positive way, together. Time is precious, be kind to everyone and be safe in the markets, always. "See yourself as love and only have that, to give away." -------------------- Phil C.
Long
by Phil_C
XAUUSD Gold : Launch to space? Or 1890 retest? 22.4 Jerome Powell, chairman of the FED yesterday basically confirmed a May rate hike. But ask yourself seriously - Is inflation going to go away due to this? Will this save a bleeding economy? Gold practically called the bluff on FED's comments AND the rising bond yields. As you can see, post FED meeting we have the Gold keep the support trend-line since the start of the year. Since breaking above the consolidation breakout , circled on the chart, Gold spiked up by about $70 , it is normal for a technical correction down to take place at such scenario, as we see with the price action now. If the week closes above 1935-37 , which is the support trend-line since Jan 2022, the bull trend is kept and a new high will be in sight. **A weekly close today below 1937-35 will confirm potential downside 1890 - Although this scenario is less likely, it is still technically possible. ------------------------------------------------------------------------------------------------------------------------------- If you found my idea helpful, please like and follow :D I'll be posting daily Gold, WTI, BTC, Nasdaq, EURUSD and more with a special focus on WTI and Gold. Thank you for the time to read and I'm always happy to hear suggestions about what you guys want to see more of and any questions of course :D -------------------------------------------------------------------------------------------------------------------------------
FX:XAUUSDLong
by Exactus
1
Important information about BTC next movesHere some important information about the market. BTC is still bullish for me as Long as it holds these levels. BTC is in a sideways uptrend / big accumulation zone Big picture. (Not showing it on the charts) There is a high probability that it will fill some 4HR imbalance under liquidity before seeing some bullish action again. Also its an important OrderBlock to hold for further bullish long term action. There is a nice Supply orderblock to pick up some shorts towards the imbalance if price wants to make some Bullish inducement to trap long traders. If it gains the red Supply orderblock i will look for Longs more up that made the break. This is my idea for the week its no financial advice.
BITFINEX:BTCUSD
by Dave_DayTrader
2
HOW TO: Find the money making stocks, cryptos and FX pairsToday I'm going to be looking to something a little bit different than our normal analytics! We're going to dive into the tradingview screener! The Forex Screener specifically, but everything I do talk about does also apply to the crypto Screener and the stock Screener. What I want to explain is how I use it to find pairs, stocks and cryptos which are setting up the way I want them to, in order for me to day trade. I show how I use a range of different Bollinger bands to moving averages to overall technical aspects, like growth statistics or reaching all time highs. The Forex Screener and the tradingview tools that they offer is top of the range stuff. I recommend trying to figure out how to use them and how to utilize them to benefit you in your trading. Have a listen. Have a look yourself through the Tradingview screener and the different technical aspects in which you can change. I guarantee it'll streamline your process in finding the right pairs that you're going to choose when it comes down to day trading. I hope you enjoyed it. If you did, please leave a comment and a like. As always, have a very successful week of trading guys. Thank you.
Education
by the5erstrading
55
TRADE OPPORTUNITY – LUNAUSDT Bearish channel 1hAfter a big rise on the daily chart LUNA is looking for the bottom to continue its trend giving us a great buying opportunity. Indicators Used *Fibonacci retracement *RSI lvls *MPVR About the BEARISH CHANNEL graphic pattern Channel of a pattern where the asset loses funds but has no downtrend continuity. It shows a depletion of buying force and tends to break out to the upside reversing the trend of its timeframe. Current scenario As everyone knows, no asset goes up forever, needing to create funds to maintain its uptrend. Luna has been in a strong uptrend for months on the daily chart always looking for bottoms when the RSI on the 1h hour chart goes into oversold. Now we are forming another fund, a great opportunity for purchases. Strategy Buy at the bottom formed at 1h in oversold. Using RSI lvls we can see the buy range where the 1h chart goes into oversold and marked with the yellow box. In the middle of this region the MPVR points to a strong support range at the value of 106, which indicates an excellent entry point. The value of 106 also coincides with the Fibonacci retracement, where 0.65 at an excellent entry point called the GOLDEN LINE. Conclusion As I always divide my equity into 10 shares and position within the yellow buy range to get the best average price, however, this time I will focus more heavily on the value of 106 due to MPVP. As Alt Coins are extremely volatile I will protect myself from an unlikely, but possible flush up to 100, a strong psychological number, positioning my STOP just below. The exits I mentioned before are made partially at each strong resistance, however if the uptrend remains strong I will make a partial gain on the first resistance and I will stop making partial gains by raising my STOP at each bottom formed at 1h to try to surf the wave .
Long
by RodrigoHonorioUK
🎯 HISTORICAL EDGE - 01APR22PRO TRADER: Do you see the HISTORICAL EDGE? PRO TRADER: Yesterday was the last trading day of the month. We closed above the 200D Moving Average. NEWBIE:... silence .... PRO TRADER: We also closed for a second day down and we closed in the lower range of the intraday. NEWBIE: And?! PRO TRADER: This has a significant edge for market. We backtested it since 1996!!! And we see an oportunity you can take advantage of. ⬇️ ⬇️ ⬇️ RESULT ⬇️ ⬇️ ⬇️ This setup has occurred 28 times since 1993 ! 💎 The 1 day move has had 85% chance of being bullish 🟢 on the next day ( aka market session on 01APR) The average winner has been 2 times larger than the average loser!!
SP:SPXLong
by TintinTrading
USD/CHF likely to move UP!Hey tradomaniacs, looks like USD/CHF has found support after the recent breakout. So far we have seen a 3-Wave-Correction which could be finished soon. Price is attempting to break out of the trendline in order to trigger the potential double-bottom which could cause a high probabillity long-setup. Swiss is less likely about to increase interest-rates today, so USD might still be strong against the CHF. Technically a good upcoming long imo. Lets see what happens! =)
Long
by Trading2ez
1
GBP/USD lilely to fall!Hey tradomaniacs, GBP/USD looks like it wants to fall after the previous fakemove above the key-resistance-zone in roder to grab liquidity. The fakeout is so far confirmed as the ex-resistance did not turn into a support-zone showing that retailers are probably getting fooled by sellers (those who buy the retracement of the breakout). The break below the trendline is also an indication for a fall, even tho we have to be carefully due to the recent fakes below it. Lets see what happens =)
Short
by Trading2ez
1