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GOLD POTENTIAL PLAY Gold Gold Gold, such a wonderful market to trade, such a beast to master. Whats up guys, i never show ideas for gold, but i think its about time i start posting more on here so this is the first step I suppose. Lets hop into it; as we can see, gold is in somewhat of a consolidation zone marked in purple, and this is telling us either price is preparing for a shoot upwards, or a shoot downwards. It really depends on the close of the next hourly candle in my opinion. So using price action, we will have 2 scenarios: Price closes bullish and continues upwards (this can be a doji as well, as long as the candle is a bull candle). In this instance, we would move to the smaller timeframes and search for a potential entry for a buy and ride the wave to the green I have marked up for a nice little scalp on the day. Scenario 2: Price closes BEARISH (Engulfs the last bull candle, and stays under the 2 ema's I have marked on my chart). In this instance, we would be searching for short positions and place our stop loss just above the upper level of this little consolidation zone and rice the wave to the lower wick marked by the support line I have on bottom Which ever may be the case, we must be patient in our approach and resist the urge to hop in the market early just because we might thin we know where price will go. Just wait, and trade WITH the market. Not ahead, and not behind; WITH the market. Trade safe, Trade smart, Trade Precise, we got this
OANDA:XAUUSD
by fastboiijd
GBPUSD Potential Reversal...Whats up guys, Im back with yet another idea. We posting early this time but its time for me to get on my trading view grind for real. This on is fairly simple right now, and it involves 2 potential resistance levels. The first, which is marked in blue and the second marked in red. Price was pushing down heavily during the night and completely reversed during the Morning of London session. Like i always say, price tends to reverse London's direction during the New York session. This doesnt always happen but its fairly common. As we look at the first level of support i have marked, we can look back on the hourly chart and see that price has been here a number of times, clarifying this level as a semi strong resistance. If price breaks pas this level, we can wait for price to hit the red line i have marked and observe orice action from there. Not a lot of hints from the market right now since we are in the middle of a move it seems like. Whenever price is in the middle of a move up or down, its wiser to stay on the side lines and wait for consolidation or rejections of some sort. With that being said, traders, be patient this morning and wait for clear indications from price on potential sell opportunities, i see on the RSI that we are over bought heavily, yet another indication of a potential reversal in this bull run. The candles have been bullish in nature however, so this could be completely off and price just continues to shoot up... TRADE SAFE, TRADE PRECISE, AND TRADE IN FLOW!
by fastboiijd
EURUSD - How to find the better orderIdea: to search a rule of trade give the profit percent over 60% in the risk/reward 1/1. Next to find the zone for order there is risk/reward ratio more 1/1 (1.1, 1.5, 2...). ----- Step 1: I found the rule from 1/1/2020 to 26/1/2021 has the profit percentage over 60% (63.1%). The net profits is 101,841.5%. Step 2: I found the second order at Fibonacci 65% (the risk/reward: 1/~2) to have the best result. First result with only one order has net profit is 101.841 percent, the second order is 245.,241% (risk/reward 1/~2). ---- How the strategy do below: 1. Trend identification: ... Keltner: Price Through Upper / Lower 1 gives 1 point. 2 points are eligible for entry. ... Stochastic: ...... k> 70: Uptrend. k <15: Down trend. ... ADX: 31 provides strong trend following signal. 2. Entry point: ... Price corrects to Upper / Lower when 3 conditions Keltner , Stochastic & ADX indicator meet. 3. Not trade friday.
Long
by dinhchien
2
AUDCAD - How to find the better orderIdea: to search a rule of trade give the profit percent over 60% in the risk/reward 1/1. Next to find the zone for order there is risk/reward ratio more 1/1 (1.1, 1.5, 2...). ----- Step 1: I found the rule from 1/1/2020 to 26/1/2021 has the profit percentage over 60% (61.4%). Step 2: I found the second order at Fibonacci 60% (the risk/reward: 1/1.5) to have the best result. First result with only one order has net profit is 103.303 percent, the second order is 303.197% (risk/reward 1/1.5). *** When the first order actives wait for order Limit at Second entry. ---> How the strategy do at below: 1. How to fill color the Keltner Channel: ...All Upper, Basis, Lower inscreased to fill green. ...All upper, basis, lower descrease to fill red. ...One of the Upper, Basis, Lower is not the same direction fill gray color. 2. How to calculate a Trend: ...If the Total of 25 candles > 0 to give Uptrend. ...If the Total of 25 candles < 0 to give Downtrend. 3. How to entry. - Buy's entry when the Color is up and the price crossunder the Basis. - Sell' entry when the Color is down and the price crossover the Basis. 4. How to calculate the Stoploss and Take profit:
Long
by dinhchien
1
AUDCAD - Day trade by Keltner Channels - 25 Jan 2021Entry 1: R/R 1/1 Entry 2 is at fibonacci 60%. R/R 1/1.5 ------ 1. How to fill color the Keltner Channel: ...All Upper, Basis, Lower inscreased to fill green. ...All upper, basis, lower descrease to fill red. ...One of the Upper, Basis, Lower is not the same direction fill gray color. 2. How to calculate a Trend: ...If the Total of 25 candles > 0 to give Uptrend. ...If the Total of 25 candles < 0 to give Downtrend. 3. How to entry. - Buy's entry when the Color is up and the price crossunder the Basis. - Sell' entry when the Color is down and the price crossover the Basis. 4. How to calculate the Stoploss and Take profit:
Long
by dinhchien
JAGX Bullish Trade ContinuationHello fellow traders, If it fits your trading strategy and set up rules, JAGX currently offers great risk-to-reward potential to the upside. Although the larger context is bullish, the weekly timeframe recently completed its expansion and began its corrective phase while maintaining its recently established value. On the lower timeframes we can see a steady correction which don't show any signs of downward conviction on a higher than intra-day timeframe. In the event that the higher timeframes continue to their correction, there are great odds for a stronger dip below current value before the probable move upwards. Let me know if you like the idea with a thumbs up. Enjoy your day.
NASDAQ:JAGXLong
by Elexzo
Bullish analysis projected for the next moments in ETHUSDT 4HTechnical analysis regarding the price of ETHEREUM in relation of dollar Tether for the next scenarios, based on 4h movement. The price has been moving in this strong upward trend, making its corrections. Note that there is a very relevant and significant resistance region right after. The price respected this support region that was formed and is moving sideways (accumulation) towards this upward trend line. I believe that the price may break this resistance and continue with its main trend, as it is forming funds/upside tops near this region of resistance. Note that the price is being driven by the 34-period EMA. disclaimer *** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
Long
by luizhcruz
1
IPOE : PRICE ACTION & VOLUME / MOMENTUM TRADESpeculative / Trading the Narrative SoFi going public at $8.65B valuation via merger with Chamath's Social Capital Jan. 07, 2021 10:59 AM ETSocial Capital Hedosophia Holdings Corp. V ( IPOE )By: Liz Kiesche, SA News Editor Social Capital Hedosophia Holdings Corp. V (NYSE:IPOE) soars 30% after Sofi Finance (SOFI) confirmed a Reuters report that online lending startup is nearing a deal to go public by merging with the blank check company lead by VC investor Chamath Palihapitiya. Update 12pm: Palihapitiya confirmed the news in interview on CNBC and a press release was issued Transaction values SoFi at an equity value of $8.65B post-money and is expected to provide up to $2.4B in cash proceeds, including a fully committed PIPE of $1.2B, and up to $80M of cash held in the trust account of Social Capital Hedosophia. Palihapitiya-sponsored special purpose acquisition companies have already signed deals to take Opendoor and Clover Health public via mergers. seekingalpha.com
I
by TradingMavericks
7
$SNRY Sky HighhhSolar Energy Initiatives, Inc., together with its subsidiaries, markets and sells solar power products, systems, and services in the United States and the Caribbean. The company primarily designs, markets, and sells solar power systems for residential and commercial customers; and designs, markets, sells, owns, and operates solar power systems for municipal and commercial customers, as well as designs, develops, and manages solar parks. Its products include photovoltaic panels, photovoltaic roofing systems, solar thermal products, balance of system products, and management system products. The company was formerly known as NP Capital Corp. and changed its name to Solar Energy Initiatives, Inc. in September 2008. Solar Energy Initiatives, Inc. was founded in 2006 and is based in Cary, North Carolina.
OTC:SNRYLong
by BADQOMOCAWGOWLD
AUDCAD - Day trade by Keltner Channels - 22 Jan 20211. How to fill color the Keltner Channel: ...All Upper, Basis, Lower inscreased to fill green. ...All upper, basis, lower descrease to fill red. ...One of the Upper, Basis, Lower is not the same direction fill gray color. 2. How to calculate a Trend: ...If the Total of 25 candles > 0 to give Uptrend. ...If the Total of 25 candles < 0 to give Downtrend. 3. How to entry. - Buy's entry when the Color is up and the price crossunder the Basis. - Sell' entry when the Color is down and the price crossover the Basis. 4. Second Entry: actives when the first Entry availabled. Entry price at the 60% Fibonacci retracement.
Short
by dinhchien
GBPUSD COMING BACK UP Hello Traders, i hope you all have had a wonderful weekend and first 2 days of trading. Me personally, yesterday wasnt too hot but thats OK, because we are here for a long time not a short time. Anyways, enough of my ranting, lets get into this idea. Yesterday, we observed that GBPUSD was on a mission to push up up up, making it apparent that we are in an extended uptrend. More than likely, price is going to come back up since the up trend has already been established. On top of this, price tends to go opposite directions when we enter a new session, not always the case, but very common for this to happen. Observing the lower time frames, we see on the 15M chart that price has made a very interesting inverted hammer, pay attention and wait for the right entry. Be sure to exercise patience and use reasonable stop losses. Remember, we are trying to control our losses, let the profits ride until you are comfortable (and within reason of course) PRECISION ,PATIENCE, AND POWER
Long
by fastboiijd
Price analysis in NANOBUSD - Upward triangle formationTechnical analysis regarding the price of NANO in relation of dollar attached to Binance for the next scenarios, based on 4 hour movement. There was a strong correction, causing the price to close further below its value. From 2,234 onwards it started to rise, leaving funds and ascending tops, making a graphical projection of an ascending triangle. The price has accumulated and the chance to break this resistance, which has already occurred 3 touches, is a very good one, for the price to continue its upward trend (since the graphical formation of the ascending triangle is bullish and a continuation pattern). Designing this channel based on mathematically (Fibonacci), which coincides with the maximum price top, in its impulse wave. disclaimer *** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
NLong
by luizhcruz
GBP/JPY Short Opportunity for a potential of 30 PIPS!!OVERVIEW: Yesterday I called a sell trade on GBP/JPY from 140.900 to target 140.340 which ended up being a 55 pip win! As soon as the target was hit the market has spent the current trading day retesting 140.900 break of support as NEW RESISTANCE. There is now another opportunity to go short on GJ as it is coming up to NYSE open which could bring high volume into the market to move to the downside once more towards 140.390. TECHNICAL ANALYSIS: This is a nice simple market structure set up, if it plays out well this will be a very easy 30 pip win on top of the 55 pip win earlier today. As you can see GBP/JPY has been moving very strongly to the downside starting from last Friday, continuing on towards this current trading week. Earlier on today there was a break of major support at 140.900, now the market is retesting the area as resistance, I need to see a 1 Hour candle close below 140.900 and for the next candle to break below the previous before entering a sell to target 140.390.
Short
by ShaunGadd02
BTCUSDT - Short by Keltner Channels 17 Jan 20211. How to use Keltner Channels a_ Length of Keltner's basis line is 50. It gives the best result in finding rule of BTCUSD. b_ How to confirm a trend. - Upper 2 is used to confirm Keltner channels at Uptrend. - Lower 2 is used to confirm Keltner channels at Downtrend. c. How to determine a swing Entry. _ Upper 1 is used to buy when the market makes a corrective. _ Lower 1 is used to sell when the market makes a corrective. 2. Long signal is confirmed when Closed of candle crossover the Upper 2. 3. Short signal is confirmed when Closed of candle crossunder the Lower 2. 4. Stoploss is calculated by the price closed candle +/- the value of Average true range (length=20 bars) Stoploss = previous Close +/- atr(20)x2x1.3 -> To move the stoploss every 1 hour.
Short
by dinhchien
Long term buyWait for it you wanna make sure you have a stochastic to determine when the market touches the bottom as far as possible use (correct leverage) wait till the market calms down to get in because of (spreads) also the (momentum strategy) helps you determine when to get in just make sure you (risk correctly) Also look at the research on the lowest point in the market to see what kind of history it had to get an idea of what it may look like. if you need an entry don't worry look at the arrows at the rejection period then get in one
BITSTAMP:BTCUSDLong
by rashadlynch
1
$MSFT 217c 1/22 - Entry 214, PT 217, SL 213 #optionsValid: January 19th, 2020 Rationale: Funds will, at some point, buy up a bunch of cheap tech. We're also approaching the bottom of long term support. I want to scalp the next round of funds buying big tech. There is a historical shorter term demand/supply gap between 214 and 217. Entry Rules 5 minute close above entry point, indicates positive momentum. Purchase a strike near target Scalps - buy the weekly Swings - buy one week out Stop loss only after Entry, indicates sideway action is taking place, exit to avoid theta or downside.
NASDAQ:MSFTLong
by TroydTrades
Technical analysis fits perfectly - work of art at BTCTechnical analysis regarding the price of BITCOIN in relation of dollar Tether for the next scenarios, based on 4 hour movement. According to the price movement following the Elliott waves (Ralph Nelson Elliott theory), the bitcoin price is correcting and, soon after, I projected the same wave sequence of the first part and pasted it. Look how this is a work of art, where the prices fit perfectly between the lines. Obviously, it may not be as expected, but it is my vision. disclaimer *** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
Long
by luizhcruz
2
GBPUSD PUSH DOWN (FR THIS TIME) Whats up guys, first off, i want to apologize for the idea yesterday, i totally f'd up on that one, but i promise ill do better this time! So its Friday!! The trading week has come to a close almost. Lets finish strong and start the week off right on Monday. Lets take a look a GBP: From my analysis, I see that price broke the level of support we used for a buy yesterday, (this is the same support that i though we were going to break yesterday), this tells me that its very likely for price to trend downwards now, until we hit maybe the blue line at the bottom of my markup. the only thing that makes me cautious is the fact that its Friday, and from my experience, price tends to range in a specific area on Friday or it can absolutely demolish a certain setup. Pair this with the oversold RSI on virtually all timeframes up to 1H and you have a recipe for a potential reversal that came out of nowhere. Nontheless, dont let this scare you away, rather let it make you exercise caution and be sure to use CORRECT RISK MANAGEMENT My bias for today is going to be short but if we see a strong push up, we can expect a reversal back to a higher support Trade safe, trade smart, and trade precise yall, ill be back next week!!!
Short
by fastboiijd