XAUUSDDepends on which price break. Like usual enter on pullback. Put sl to the nearest support/resistance. For now don't do anything and just watch how everything played. Remember, not taking any trade is trade decision itself.
Daytrade
EURUSD Sell is now runningSell running as shown.
Entry price 1.20888
SL 1.21097
TP 1.19845
Regards
D
XAUUSD with a potential BULLISH breakout!The video explains our trade plan on XAUUSD.
There is a chance for bears, and if the breakout is to the downside, we will switch our trade idea quickly!
Good Luck!
Reddit army set sights on Silver!News this morning out on CNN that Reddit mania is now focussed on Silver. This is an ambitious move as playing with silver is a dangerous game. The reason being that it's a global market, with powerful players, with deep pockets. Having said that, it will be interesting to see a global mobilization of Reddit and other activist trading groups and if they are able to exactly exert real market pressure on markets at scale globally.
Either way, silver looks set to be a long day trade according to both the intraday technicals as well as the primary driver being the news and hype on Silver. that will surely develop over the trading day.
Caution: Big chance of high volatility and sharp reversals. :
Day Trade Idea: Silver Long 29.550 - 29.750 +
!. Technicals very bullish on intraday charts
2. Reddit army seems to be targeting Silver
3. Cnn has a headline front page about the above.
4. I think that will mobilize Reddit mania.
This is not advise to trade or enter any position based on my analysis.
US30 day trade longWe recently went short Silver (XAGUSD)... we dont see a GME on it... Infact we think the hedge funds might just pull a sneaky on everyone!
Anyway our shorts are locked. Moving on to US30 long.
We see lots of potential for a day trade profit on this one. We have a bullish continuation pattern indicating that we could see a strong push up.
BUT! When price comes to our 38.2% on the 4H chart (left) we are planning to go short... not 100% yet we will decide when price comes there and see whats up..
USDCAD long / Bull continuation pushing to 1.30Hey again!
We just took a long on USDCAD, right after the WTI short as per the related idea.
We see good reasons for USDCAD to trend higher today, and perhaps even push to the 1.29715 price level which is listed as our next potential profit target on the 4H chart. (left)
In regards to what we see, its simple,
4H chart:
- Pirce is above the middle of the DC and currently finding support at the 61.8% fib, both of these are bull indications, while RSI 5 is pretty low.
10M chart:
- Another test of the recent 30% zone fibs with a contraction / wedge leading to the fibs. (this is a strong bull indicator based on the primed system)
Thats all! See you again soon!
EURUSDPrice consolidating and ready to break. Once it break wait for retest, you can safety enter. Either way you still PROFIT!!
ETH day trade prediction this prediction goes along with the pattern ETH has had for around a month and it will continue to go along the blue path and slowly go up to continue its pattern. you can see there are multiple support lines proving this prediction to be true.
GJ Long (Adjusted from last post)(forgot to save before publishing the last GBPJPY Long idea). Still, the same two positions, but adjusted. Both SMAs and EMA are underneath the candlesticks, therefore looking to do a Day Trade on GJ.
GBPUSD Potential Bull Reversal Whats up yall, back with another idea. This week has been especially hard for me to trade but its not stopping me, just making me even smarter. Without any further explanations, lets hop into this one.
This early morning we can see price gradually dropped during early London session, and now we are at a point of liquidity, we can tell by the extreme candles going in every single direction besides a trend. So this is telling me price is preparing to do something.
We do some further analysis and see that we have a potential liquidity zone which I have marked in purple. We can use this in aiding us determine which direction price will decide to go, just by waiting for a candle to close outside of the box either on the bottom or the top, then waiting for a supporting candle to back our chosen direction.
Price has been downtrending lately so short orders would seem more reasonable, however, it is still very possible for price to decide to reverse as soon as NY session starts.
Not too much in terms of technical structure today but we can work with what we got.
Yall let me know how you feel about the idea, LIKE AND FOLLOW FOR MORE!!!
Quick Scalp on NVXOn the daily it was a massive bearish candle with a bearish volume as well. So I thought ill go shot with this one, it also had a massive bull run for the past 5 days, so a pull back was due.
1 min: it did gap down and open at $3.10, waited for a pull back and got in at $3.10 with 1000 shares. Just only made about 5 ticks because I saw on the depth it was about to squeeze me out, so I
got out quickly and lucky I did.
Not my favorited trade but it will do.
Spark: On spark I saw it was going to gap down a lot so I have to be careful if it recovered. At 10.07am that’s when I got in, when I saw there was more sellers than buyers were thinning out
that’s when I got in.
Once I saw that $3 did not break and there were buyers jumping in front of it, I knew it was not going to break, that why I got out at $3.07 10.10am and the spread was so bad.
EURUSD - Day trade by Keltner - Stochastic - ADX 28 Jan 2021Risk/reward: 1/1, 1/1~2 | Entry by: Upper/Lower | Keltner crossing: 2 | Candle not entry: 80% | Stochastic: 80/20 | Adx: 31/9/9 | Notrade friday
Max risk: 2% - Risk / reward: 1/1, 1/1~2.
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.
NZD/CHF 1/27/2021 14:10 (DEMO)NZD/CHF 1/27/2021 14:05 DAYTRADE
Fundamental/Sentimental
News Events: No important events
Market Sentiment: Mixed
Technical
Time Frame Analysis:
Reason for Trade:
Indicators:
Entry
Order:
Position:
RR:
BTCUSD - Daytrade by Keltner & ADX 27 Jan 2021Look left:
...Lower High is at timeframe H4.
- Trend identification by Keltner.
- Entry actives by ADX crossing.
NZD/JPY 1/26/2021 16:30 (DEMO)NZD/JPY 1/26/2021 16:30 DAYTRADE
Fundamental/Sentimental
News Events: News events too far away to affect price within the lifespan of the order.
Market Sentiment:
Technical
Time Frame Analysis:
Reason for Trade: Exhaustion on an impulse at a resisting trend, strong 61.8 structure and a supporting trend seemed like a good landing spot for price.
Indicators: RSI checks out. Relatively high with potential for a few wicks to enter into the order.
Entry
Order: Limit sell at 75.109
Position: 0.03, 5000USD
RR: 3.12
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
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!
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.
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:
