EURUSD LONG SET UPStalking order flow, big orders sitting at previous week low, price creating HH within a squeezed range. Looking for the next extension to previous highs. Good Risk:Reward at play.
Happy trading.
Daytrade
Taking a Shot at a short for the day!Opened a short on /MNQM1 on Tastytrade at 13,842.50 for the day. Stop Market is at 13,866. Still remain bearish from previous trade #Twitch is down.
EURUSD trading range for trading week of May 7-11Trading range for coming up week is 1.2055 and 1.2280
NZD/USD could move UP! hey tradomanaics,
looking at NZD/USD I can smell a buy-chance at this current strong support-zone which gets constantly bought by institutional traders after multiple fake-moves.
Structure looks bullish to me with a flat-type-correction, while volume and orderflow does not let price drop below the demand-zone.
Could be a good catch, especially when you get the breakout!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
XAUUSD BUY / Bull trend higher lowTaking this long on XAUUSD as a possible swing trade
Momentum is bullish with price action making higher lows and higher highs, while price is also above the 20 day EMA
ATR is starting to go up slowly so I would expect some movement to come later today, the only thing that worries me for longs is the fact that we have had some big red candles recently.
AUD/JPY BUY IDEAHey tradomaniacs,
still testing my new style but we with AUD/JPY I see a great potential to move up!
A bit concerning as always could be the upcomign RBA Statement - I think it is likely to see a more hawkish statement and that the RBA will talk about a tighter policy in the future.
Risky setup - But overall deliecious in terms of risk-reward!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
BTCUSD shortThis is a classic Primed example of a trend short trade.
By looking at the recent history of BTC movement we have seen the ATR go to historical highs (based on our settings) which would classify a trend start, currently, the ATR is stuck in almost a straight line, confirming that we should be in a downtrend at least for now.
The rest of the system indicates that we should sell, price is at the 2nd layer of the fibs and showing good resistance so far with the RSI at its highs.
The overall price action move is bearish, lower lows, lower highs.
We might take profit earlier, at 123.6 or 138.2, we might also compound the trade.
Wishing you all luck!
A Nice Clear Chance to Ride the Channel The market has been moving in a very nice way in the long run particularly in the rising wedge pattern. It made a new high recently and there is a high probability that it will travel down for some time now, my personal taste says 76.5 at least.
A chance to take short ASAP as soon as the market opens because a resistance has been formed and this is a nice entry to travel the down move.
Never risk more than 0.5% risk on the trade, let the risk to reward do its job.
Day Trade On BNB With 14% ProfitIf the price falls back to around the $298 area, it should bounce back to around $330, which was a previous larger scale Support/Resistance. The $298 (green line) was obtained from a shorter time scale (15 minutes). Also based on what happened in the past (look at the bounces of the green line a few days ago), this is an opportunity to make a short-term profit. These values also get some support from the Fibonacci Retracement.
You can switch to the bar chart and check fluctuations beyond the close price, and place your buys below $298 and sells above $330. I wouldn't be too greedy on the sell price if you're looking at this as a day trade.
Please note that the overall trend is still down, and I do believe that we will reach lower prices (in the area of $200's).
NIO BullishIf $NIO breaks out of the descending triangle here it has a big possibility of turning Bullish.
A short time ranging market.As you can see the market is ranging in a small zone for sometime and it just met with the supply zone, which means that it will have highest chances to move to the demand zone now.
It has started fhe move and it maybe taken as a late entry but there is a chance.
Apply strict risk management, no more than 0.5% on the trade.
High Risk Quick Short SetupThis is a high-risk setup, proceed with caution.
A conservative trader would wait for a retest before placing a buy order but in order to buy we wait for a dip - that is what we are doing, travelling the dip.
It may dip or continue up without a dip, but it's a good chance it will.
The price is respecting the supply line multiple times earlier, not much juice left but still a good sell for high risk setup.
Only 0.5% risk per trade, minimize risk by putting stop loss to entry at 1.5 RR.
1HR USDSEK Long USDSEK Long
You can set a longer stop loss.
I would love to hear your feedback do you think the trade will complete in profit or will the stop loss get hit!?
This is not financial advise, trade at own risk.
Basic Bitcoin Daytrading Chart - 1 hour candlesA basic chart displaying as many indicators as possible using a free account, focus on day trading signals using Parabolic SAR , mutliple EMA , and a Directional Movement Indicator. No price predictions just a clean 1 hour candle chart.
EURUSD going bearish on H1EURUSD currently on ranging or sideways.
Waiting at the best Zone to entry SELL for a better
risk to rewards ratio.
Wait for confirmation such as Bearish Engulfing or others.
If entry SELL now, you are more to gamble not trading.
I am a day trader as such i react to the market movement.
Lets share knowledge with others.
Follow, Like and Share.
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#EURUSD #Daytrader
EURJPY go Bearish on H1EURJPY currently on Uptrend base on Higher TF However the price failed to
create new Higher High.
Entry SELL position with good risk to reward ratio.
Reason of selling as mentioned.
I am a Day Trader and I react to market movement.
Lets spread the knowledge.
Like and share.
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#EURJPY #Daytrader
EURAUD going Bearish on H1EURAUD currently on uptrend base on higher TF.
However as a day trader, I react to the market movement.
Reason on bearish as mentioned.
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#daytrader #EURAUD
TRX (WAIT FOR CONFIRMATION PLEASE)Hello.😃
I am looking to gain support here at current point after we have possibly bounced off of our blue trend line once again. Alternative is that we fall down most likely to the red line on chart (IMO.) This is a short technical approach analysis thank you.
BTC dominance in the market is sitting at 41% today, this is very low. This means that money is moving out of BTC but not out of the market. TRX and BTC are very correlational so let's wait before investing in either of these in my opinion.
This analysis is for reference in the event that we turn bull market.
I would definitely not place a buy order until we see price action hovering more in the 0.136 zone and gaining some support there.
Next couple hours is really moment of truth for TRX and BTC let's be patient with this!
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Jazerbay
BTC MOMENT OF TRUTH (wishful thinking.. both paths included)Hello, I am rooting for the bulls. Maybe wishful thinking trade safe. Nice bear path included here as well!
USD/JPY dropping to .618 level?USD/JPY went up a little bit to get liquidity and wasn't able to push trough the resistance level at 109.403. I expect to see USD/JPY fall to the .618 level that lies near the trend line.
Note: I am still a rookie and still trading demo. I share my ideas to get feedback from others who have been trading professionally. Don't take my analysis as financial advise!
