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AUDJPY Sell signal below the 4H MA50.The AUDJPY pair has been trading within a Bearish Megaphone and is currently going sideways within the 4H MA200 (orange trend-line) and 4H MA50 (blue trend-line). Every time the latter broke to the downside, the pattern started its new Bearish Leg. Assuming it hits at least the 1.236 Fibonacci extension like the first Bearish Leg, we are looking at a short-term Target of 93.750, if the 4H MA50 breaks. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
SPX500USD Will Go Down From Resistance! Short! Take a look at our analysis for SPX500USD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 6,134.7. The above observations make me that the market will inevitably achieve 6,040.9 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
OANDA:SPX500USDShort
by SignalProvider
1
ETHUSD Will Go Lower! Sell! Please, check our technical outlook for ETHUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 2,711.4. Taking into consideration the structure & trend analysis, I believe that the market will reach 2,156.7 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:ETHUSDShort
by SignalProvider
2
GBPJPY Will Go Down! Short! Here is our detailed technical review for GBPJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 191.536. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 188.947 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
AUDCHF Will Move Lower! Sell! Take a look at our analysis for AUDCHF. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.575. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.571 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
Market Analysis: USD/JPY Turns RedMarket Analysis: USD/JPY Turns Red USD/JPY declined below 153.00 and is currently consolidating losses. Important Takeaways for USD/JPY Analysis Today - USD/JPY is trading in a bearish zone below the 153.00 and 152.50 levels. - There is a short-term rising channel forming with support near 151.60 on the hourly chart at FXOpen. USD/JPY Technical Analysis On the hourly chart of USD/JPY at FXOpen, the pair started a steady decline from well above the 154.00 zone. The US Dollar gained bearish momentum below the 153.00 support against the Japanese Yen. The pair even settled below the 152.50 level and the 50-hour simple moving average. There was a spike below 151.50 and the pair traded as low as 151.23. It is now correcting losses and trading above the 50-hour simple moving average. Immediate resistance on the USD/JPY chart is near the 23.6% Fib retracement level of the recent decline from the 154.80 swing high to the 151.23 low at 152.05. The first major resistance is near the 153.00 zone and the 50% Fib retracement level of the recent decline from the 154.80 swing high to the 151.23 low. If there is a close above the 153.00 level and the hourly RSI moves above 60, the pair could rise toward 153.95. The next major resistance is near 154.80, above which the pair could test 155.50 in the coming days. On the downside, the first major support is near 151.60. There is also a short-term rising channel forming with support near 151.60. The next major support is near the 151.20 level. If there is a close below 151.20, the pair could decline steadily. In the stated case, the pair might drop toward the 150.00 support. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
Market Analysis: EUR/USD Gains PaceMarket Analysis: EUR/USD Gains Pace EUR/USD started a decent upward move above the 1.0460 resistance. Important Takeaways for EUR/USD Analysis Today - The Euro found support and started a recovery wave above the 1.0400 resistance zone. - There is a connecting bearish trend line forming with resistance at 1.0460 on the hourly chart of EUR/USD at FXOpen. EUR/USD Technical Analysis On the hourly chart of EUR/USD at FXOpen, the pair started a fresh increase from the 1.0290 zone. The Euro climbed above the 1.0400 resistance zone against the US Dollar. The pair even settled above the 1.0450 resistance and the 50-hour simple moving average. Finally, it tested the 1.0515 resistance. A high is formed near 1.0514 and the pair is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the 1.0292 swing low to the 1.0514 high. Immediate support is near the 1.0445 level. The next major support is at 1.0400 and the 50% Fib retracement level of the upward move from the 1.0292 swing low to the 1.0514 high. If there is a downside break below 1.0400, the pair could drop toward the 1.0375 support. The main support on the EUR/USD chart is near 1.0290, below which the pair could start a major decline. On the upside, the pair is now facing resistance near 1.0460. There is also a connecting bearish trend line forming with resistance at 1.0460. The next major resistance is near the 1.0515 level. An upside break above 1.0515 could set the pace for another increase. In the stated case, the pair might rise toward 1.0550. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
2
Forex: from 500 to 100k: is it possible? Hello, I am the professional trader Andrea Russo and today I want to answer a question that is frequently asked: "Can you get to 100 thousand euros starting from just 500 euros?" The answer, as we will see, depends on several factors, but above all on the strategy you choose to adopt, on risk management and on the discipline in respecting the investment rules. In this article, we will look at a specific strategy, a sort of "daydream" that, although theoretically possible, also involves a series of risks to be considered very carefully. Imagine starting with a capital of 500 euros. The strategy that I will explain provides that each successful investment will lead to a 30% gain on the invested capital, while each wrong operation will result in a 10% loss. In essence, if the market goes in your favor, you will earn 30% on the invested capital, but if things go badly, you will lose 10%. If applied correctly, this strategy could lead to significant earnings over time, but let's make some assessments. The strategy of earning 30% on each positive trade is based on the "magic of compound numbers", that is, on the fact that, every time you earn, you earn on an increasingly higher basis, thus increasing the invested capital. If you maintain a good rate of winning trades, the capital will grow exponentially over time. How many earnings do you need to get to 100 thousand euros? To calculate how many trades it will take to get to 100,000 euros, we can use the exponential growth formula. If we start with 500 euros and want to know how many winning trades at 30% we need to get to 100,000 euros, we can do the following calculation: 500 is the initial capital. 1.30 is the multiplier for each winning trade (30% earnings). n is the number of trades needed. Solving the equation, we get that n is approximately 17 consecutive winning trades (approximate). Therefore, you will need to make at least 17 consecutive successful trades, without any losses, to get to 100,000 euros. Dangers of the strategy Although the numbers may seem promising, it is important to remember that the market is not predictable and that not all trades will be winners. Furthermore, the 30% gains and 10% losses are hypothetical and do not take into account other factors, such as trading commissions, slippage, and market volatility. Here are some of the main dangers associated with this strategy: Volatility and risk of loss: The 10% loss per mistake, even if small, can quickly accumulate in a drawdown period. For example, after 5 losing trades, the capital could be drastically reduced. Psychological complexity: Maintaining discipline in such a volatile trading environment is one of the most difficult challenges for any trader. There is always a temptation to “catch up” losses or make riskier trades to increase profits, which can undermine the effectiveness of the strategy. Market Unpredictability: The market is never linear. Winning trades are not guaranteed, and even with a well-structured strategy, it is possible to find yourself in a prolonged drawdown period that puts the solidity of the plan at risk. Capital Management: The Heart of the Strategy The real secret of this strategy is not so much in earning 30%, but in protecting your capital and limiting losses. Capital management is essential to any type of trading, and it is what separates successful traders from those who fail. Here are some key principles for effective capital management: Position Size: Do not risk more than 1-2% of your capital on any one trade. This allows you to survive even a long period of consecutive losses, without compromising your capital. Stop loss and take profit: Use stop loss to limit losses and take profit to cash in profits when the market moves in your favor. Don't expect the market to go up forever, but set clear goals. Controlling emotions: Being able to stay calm, even when facing losses, is essential. Greed and fear are a trader's worst enemies, so keeping a clear mind is the key to long-term success. Diversification: Don't put all your capital on a single asset or trade. Diversification helps reduce overall risk. Conclusions In summary, yes, it is theoretically possible to get to 100 thousand euros starting from 500 euros, but it is not easy at all. Success in trading does not only depend on the percentages of gain or loss, but also on the ability to manage capital and stay calm in difficult phases. Happy trading.
Education
by Andrea_Russo_SwipeUP
The gold market has largely recovered after the sharp sell-offGold prices have been suppressed, but this is about to end as supply is tight and gold flows out of London and the US could re-price gold. Andy Schectman - President of Miles Franklin Precious Metals said that one of the most worrying problems in the current gold market is that it is increasingly difficult to find and buy physical gold. "Currently, the LBMA takes six to eight weeks to deliver gold - in essence, this is almost a form of default," he said. In China, some major banks have announced they have run out of gold products due to strong demand. In South Korea, the country's mint has temporarily stopped selling gold bars because of tight supply. The world's largest gold ETF - SPDR Gold Trust (GLD) has just withdrawn 16 tons of gold. He said this could be a sign that institutional investors are withdrawing physical gold from the fund, reflecting a loss of confidence in the "paper gold" market.
OANDA:XAUUSDShort
by FalCol_TradingMaster
2
Heading into 50% Fibonacci resistance?USD/JPY is rising towards the pivot and could drop top the 1st support. Pivot: 152.85 1st Support: 151.21 1st Resistance: 153.74 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bullish continuation?The Kiwi (NZD/USD) has bounced off the pivot which acts as a pullback support and could rise to the pullback resistance. Pivot: 0.5691 1st Support: 0.5665 1st Resistance: 0.5753 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Bullish rise?GBP/CAD is falling towards the pivot and could bounce to the 1st resistance which has been identified as a pullback resistance that aligns with the 61.8% Fibonacci retracement. Pivot: 1.7868 1st Support: 1.7786 1st Resistance: 1.7980 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Bearish drop off pullback resistance?EUR/JPY is rising towards the pivot which is a pullback resistance and could drop to the 61.8% Fibonacci support. Pivot: 159.52 1st Support: 157.81 1st Resistance: 160.99 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Potential bullish reversal off pullback support?EUR/GBP has bounced off the pivot and could rise to the 1st resistance which acts as a pullback resistance. Pivot: 0.8273 1st Support: 0.8223 1st Resistance: 0.8317 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Bearish drop?EUR/NZD has reacted off the pivot which has been identified as a pullback resistance and could drop to the 1st support which acts as a pullback support. Pivot: 1.8357 1st Support: 1.8233 1st Resistance: 1.8439 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets