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Freemoney

GBP/AUD Trade Idea 2/24/2024We have 2 trade ideas for the upcoming trading week Short trade: broken trendline and retested with a bullish candlestick closing on the trendline with a following bearish candle stick closing. next clear support area should get tapped which i boxed up. great risk to reward setup Buy trade: If we break above the boxed zone where it broken the trend line and retested then we will look for buys. Great risk to reward as well as the market should pull up 100+ pips on both buys and shorts. i am personally looking for this Short all the way down to the support line i have placed.
by KibukCapital
Are PYPL Leap Contracts Free Money Right Now?What's going on fellow traders, hope everybody enjoyed their long weekend. I just wanted to drop this here and see what your thoughts are on what I believe to be a no brainer. As you've probably noticed, $PYPL has had an insane sell off that's been ongoing for what feels like an eternity at this point. Historically, you can see that there has been pretty solid support at the $100 level since the summer of 2018. That being said, given today's market conditions I wouldn't be surprised if $PYPL gets bullied a bit more subsequently dipping into the sub -10 RSI level. I believe pretty much any more selling pressure in the next 1-2 weeks could force the stock back into the high $80s mid $90s. From there it should be completely bottomed out and a fantastic time to load up on leaps as close to the money as possible. I'll be waiting to see if we can get in at an even bigger discount and will be targeting contracts within the <$95 zone and as soon as Oct 21 to Sep. 15, 2023. The yellow drawn in trend line represents a rough trajectory of the price that I could see happening if $100 support is cracked. (just a guess) Let me know what you guys think, and please send me any of your own picks that you like. - Premium Flippa
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NASDAQ:PYPLLong
by Premium-Flippa
39
We have weekend ranging on BTC again?!Last two weekends everybody how fallow me knows that we have been trading the range over the weekend. In most cases we are trading in the range over the weekend bacause of the low volume and lack of big players involvement. Just last week we have won 7 trades and lost just 1, i hope we are getting this weekend ranging market again. If you dont know how to identifay ranging trands you can look at my profile where i explained my strategy. I wish you good luck and trade the range until it breaks. Last week we got nice ranging, what do you think are we getting ranging again? If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading. BTC TO THE MOON!
by Mladen94
The start of a long train of correlationsSorry for the late post, I had to tweek this chart here. This is a comparison chart showing real disposable income to personal consumption expenditures, personal savings and corporate profit. Notice how the top two are now inverted. It's not 100% but that is your inflation. Less disposable income, higher priced expenditures. On the bottom I was tracking savings vs Corporate Profit. This was caused by the hand outs during the pandemic. This has now reverted back to pre 2020 levels after all that savings caught up in peoples accounts during the pandemic was needed after the money stopped flowing. But, how does this correlate to the previous bonds chart? Well in a subtle and curious way. As the correction in savings happened, inflation kicked up. This is highlighted by a date range. Red date ranges are 08 and the pandemic and the yellow is the inflation start. The key to the bond chart correlation being inflation. Now I get the obvious here, No I dont think the free handouts caused all this inflation, that would be crazy, just something I was tracking is all. In reality there are WAYYYYYY to many things going on to put inflation into a chart. Metals are still close to short supply, tech is hurting bad, the supply chain is still semi frozen and governments are still flip flopping between open and closed.
FRED:DSPIC96
by Joshuakm
Gold Price Forecast: XAU/USD corrects further from two-month hig 21 January 2022, 11:59 Gold corrected further from a two-month high touched on Thursday amid hawkish Fed expectations. The risk-off mood, retreating US bond yields acted as a tailwind and helped limit any further downfall. Investors might also refrain from placing aggressive bets ahead of the FOMC policy meeting next week. Gold extended the overnight retracement from the $1,848 area, or a two-month high and witnessed some follow-through selling on the last trading day of the week. The corrective pullback picked up pace during the early part of the European session and dragged spot prices to the $1,828 region in the last hour. The downfall lacked any obvious catalyst and could be solely attributed to some profit-taking amid expectations that the Fed will tighten its monetary policy at a faster pace than anticipated. Investors now seem convinced that the Fed would begin raising interest rates in March to combat stubbornly high inflation. The bets were reaffirmed by last week's data, showing that the headline US CPI surged to the highest level since June 1982 and core CPI registered the biggest advance since 1991. Moreover, the markets have also been pricing in the possibility for a total of four rate hikes in 2022, which, in turn, was seen as a key factor that drove flows away from the non-yielding gold. Meanwhile, concerns that rising borrowing costs could dent the earnings outlook for companies tempered investors' appetite for perceived riskier assets. This was evident from a weaker trading sentiment around the equity markets, which could extend support to the safe-haven gold. The dominant risk-off mood dragged the US Treasury bond yields further away from the multi-year highs touched earlier this week. This should further help limit the downside for the precious metal, at least for the time being. Traders might also refrain from placing aggressive directional bets and prefer to wait on the sidelines ahead of the upcoming FOMC policy meeting on January 25-26. In the absence of any major market-moving economic releases from the US, this further makes it prudent to wait for a strong follow-through selling before confirming that gold has topped out. Nevertheless, the XAU/USD, at current levels, remains on track to post gains for the second successive week. Technical outlook From a technical perspective, the XAU/USD, so far, has managed to find some support near the $1,830 resistance breakpoint. Some follow-through selling would pave the way for a further decline and accelerate the fall towards the $1,812 horizontal zone. The next relevant support is pegged near the very important 200-day SMA, currently around the $1,804 region, and of the $1,800 round figure. This is closely followed by ascending trend-line support, around the $1,790 region. On the flip side, the $1,840-$1,842 area now seems to act as an immediate resistance ahead of the overnight swing high, around the $1,848 region. A sustained strength beyond has the potential to lift gold prices further towards a downward-sloping trend-line extending from June 2021 swing high, currently around the $1,860 region.
OANDA:XAUUSD
by sniper_2022
NOT A BREAKOUT PATTERNWe have seen this similar pattern with SHIB. This happens after rocketing to a new ATH and then many of the people just take profits and lower hype around it happens. Keep in mind that this "rocket" happened while bitcoin was also rising. They have corresponding movements like most crypto does. If we see Bitcoin rise (which I am expecting) then we should also see ADA rise. Will it be to the moon? I'm expecting it to be a new ATH potentially around $4 however, that will take time. I do think ALTcoins have a lag behind bitcoin's pricing however it's only slight. I would recommend buying this below $2 as a great entry however current pricing at 2.01-2.03 should be fine as well.
BINANCE:ADAUSDLong
by JakeBrandonCastro
Buying Opportunity for BITCOINBitcoin adoption has been happening more lately but WHY?? Many institutional investors don't have any kind of returns on treasury bonds or notes. Inflation is so high currently they need a higher yield than the typical 2% otherwise they lose money for their customers. Crypto has shown promise in yield but also in security over the past few years. With media pushing Bitcoin ETH and the occasional dog coin, we have seen more institutional investors buying up crypto assets. The Bitcoin ETF will also allow investors to buy and HODL contracts for Bitcoin which won't directly push pricing up but it will definitely prove more widescale adoption will happen. With NFT's and Metaverse entering the media space we will see Bitcoin push even higher. I'm expecting 100,000 by the end of the year! So if you're buying.. buy into it around the red line (support) or lower.
COINBASE:BTCUSDLong
by JakeBrandonCastro