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Week 2: EURUSD Medium-term trend!Hi friends, I hope y'all are having a profitable week ;) Today, we have a possible medium-term buy trade on this baby. Last week we anticipated the same trend signal on this pair, however, it was dis-confirmed by Monday's bearish candle close below the 8 m.a (dark blue) after bouncing off the 50 m.a (light blue). That triggered our exit signal. Luckily, the price re-triggered our trade signal but on a different key level as y'all see on the chart. Getting this signal, however, doesn't guarantee that we'll profit from it because as we all know that the trading environment is probabilistic. With that in mind, let us look at how the bulls and bears might/will behave in either triggering our trade and profiting from it or not triggering it at all. Bulls: -If the bearish spikes the 8 m.a and proceeds to bullish break and retest the Mini Daily Neckline and 50 m.a; according to the daily: the price would be in prep to rally for the half a bats L1-L2-L3 together for the 200 m.a and short-term m.a's trend. That will trigger what I call a "Half a Bat A-E.2 signal". Bears: -If the price bullish bounces off the Mini Daily Neckline with a bearish reversal candle pattern (after triggering our trade), and proceeds to bearish break and close below the 50 and 8 m.a's or if it just bearish closed below the 8 m.a as it is bouncing off the 50 m.a with a bearish reversal candle patter; according to the daily: the price would be rejecting the trade and in prep to form a bearish H&S reversal pattern. That's it for today. I hope you found value in this. If you have a different idea, feel free to share it in the comments section or privately, I'd love to know your thoughts! Stay Blessed, Doji-2k1
Long
by Doji-2k1
June Week 2: EURGBP Long-term trend signal!Hi friends, I hope y'all had a fantastic weekend ;) Today, we have possible long-term bullish rally on this baby. I kind of doubt the trade but looking at how the correlating pairs that have GBP as a base currency behaved (by bearish dropping in the previous weeks) instilled faith in planning to take this trade with you guys. Before we do that, lets take a look at how the bulls and bears might behave in triggering and dis-confirming this trade. Bulls: -If the price bullish breaks and retests the Weekly Neckline 2/ 4th Weekly Key Lvl and 200 m.a (that's visible on my MT4 chart), that will trigger our trade signal that I call a Double Bottom A-E.2 signal, and the price will rally for the patterns L1, L2, L3 together for the short- term m.a's trend that will probably end on the last take profit point. Bears: -If the price bullish bounces off the Weekly Neckline 2/4th Weekly Key Lvl and 200 m.a with a bearish reversal candle pattern close, before or after taking the trading, that will tell us that the price isn't ready to rally to the last take profit point, and instead it will signal a drop to our stop loss key level. That's it for today. I hope you found value in this. If you have a different perspective, feel free to share it in the comments section, I'd love to know your thoughts on this pair! Stay Blessed, Doji-2k1
Long
by Doji-2k1
AUDCHF 'Long' Trade IdeaA 'buy' trade opportunity presented itself on the AUDCHF trading chart, following the bullish pin bar at the end of a bearish run. The pin bar closed above the 0.68214 daily horizontal support level, signalling a rejection of the same level and providing a buying opportunity. An RR of 7.38 is possible if you enter the trade at the 0.68452 price level, with your stop at 0.68162 (about 29.0 pips) and target at 0.70592 (about 214.0 pips). Please check with your setup before placing any trade. Happy trading!
Long
by charles-okoukoni
4
RISK ON vs RISK OFF ‼️Risk-on risk-off is an investment setting in which price behavior responds to and is driven by changes in investor risk tolerance. Risk-on risk-off refers to changes in investment activity in response to global economic patterns. During periods when risk is perceived as low, the risk-on risk-off theory states that investors tend to engage in higher-risk investments. When risk is perceived to be high, investors have the tendency to gravitate toward lower-risk investments. RISK ON - is when investor are looking to multiply their money, they are looking for RISK. MORE RISK - MORE MONEY RISK OFF - is when investors are looking to keep/save their money, they are looking to protect more than to RISK. MORE PROTECTION - LESS MONEY
BITSTAMP:BTCUSDEducation
by Snick3rSD
SPX ChannelThis is an updated chart that I have on SPX500USD. I have it trading in a channel that begins from the COVID-19 Pandemic up to now. Today was a very volatile day that spooked many people such as traders and investors causing panic in the market. Today, SPX500USD actually dipped below the lower channel, BUT it closed above it. Through my technical analysis, it is telling me that we are still in an uptrend based on this chart. On Wednesday, we do have n FOMC meeting that may cause more volatility this week!
OANDA:SPX500USD
by Jsarm727
Is the S&P 500 about to move higher and break all time high?Hey Traders so ocasionally I watch other markets related to the Forex and one of them is the S&P 500. I think this is good market to keep an eye on because it can influence other markets especially the dollar and pairs like USD/JPY. So I have noticed that the S&P 500 has been in a long term uptrend with no signs of stopping anytime soon. It looks like it's about to break a new high in the coming weeks or even tommorow! Enjoy! Trade Well, Clifford (All opinions expressed are for educational purposes and this is not a recommendation to buy or sell) (Always use risk management before entering any trade) (Past performance is not guaranteed for future results)
CME_MINI:MES1!Long
by TradeTheIndex
USD/CHF Elliott Count !! Trade the 5.WaveHello Elliott-heads !! My count: We are currently in the 4th wave of the 5th. The probability that we will retrace to 0.236 -0.38 is very probable. My personal goal lies at 0.95 Entry 0.93599 Target 0.95031 S / L 0.9314 R / R 3.12 Traders, if you liked this idea or have your opinion on it, write in the comments, I will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Dyor and trafe save.
Long
by TR7z
How To Use Risk To Reward And Execute A TradeWelcome Traders! In today's trading episode, you will learn how to use the position size and price range tool to help you determine your trade risk to reward. I will also show you how to transfer this over to a market order using the TradingView Paper Trading account feature. Furthermore, you will learn why some of your trades do not get taken out at the exact stop loss and take profit levels on your chart. Take time to practice what you learned in today's video. Until next time, have fun, and trade confident :)
by tradeconfident
54