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GOLD Trades Idea for Tuesday 19 June 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 19 June 2024 BUY LIMIT Order: $2316.78 Stop Loss: $2306.40 Take Profit 1: $2326.91 Take Profit 2: $2340.38 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%. Trade Review For 17 June 2024 Our trade managed to hit take profit 1! I shifted stop loss to break even. This trade is risk-free now! Trade Review For 18 June 2024 Unfortunately, our trade ended in a loss before the price went back up to our take profit levels! Let's try again tomorrow! P&L for the month: -1.4R 03 June: +0.5R 04 June: +1.6R 05 June: -1R 07 June: -1R 14 June: -1R 17 June: +0.5R, running 18 June: -1R The year 2024 Trade Results January: +2.6R February: -1.3R March: +0.7R April: +4.10R May: +0.2R
OANDA:XAUUSDLong
by Barry_Games_Trading
GOLD Trades Idea for Tuesday 18 June 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 18 June 2024 BUY LIMIT Order: $2318.66 Stop Loss: $2309.77 Take Profit 1: $2327.31 Take Profit 2: $2338.80 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%. Trade Review For 17 June 2024 Our trade got triggered late at night, let's continue to hold until the price reaches either stop loss or take profit 1! P&L for the month: -0.9R 03 June: +0.5R 04 June: +1.6R 05 June: -1R 07 June: -1R 14 June: -1R The year 2024 Trade Results January: +2.6R February: -1.3R March: +0.7R April: +4.10R May: +0.2R
OANDA:XAUUSDLong
by Barry_Games_Trading
GOLD Trades Idea for Monday 17 June 2024Apologies for the short break, I was away on holiday. My trade ideas were still active in the blog. DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 17 June 2024 BUY LIMIT Order: $2315.02 Stop Loss: $2301.36 Take Profit 1: $2328.44 Take Profit 2: $2346.28 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%. Trade Review For 14 June 2024 Unfortunately, this trade ended in a loss. Let's try again tomorrow! P&L for the month: -0.9R 03 June: +0.5R 04 June: +1.6R 05 June: -1R 07 June: -1R 14 June: -1R The year 2024 Trade Results January: +2.6R February: -1.3R March: +0.7R April: +4.10R May: +0.2R
OANDA:XAUUSDLong
by Barry_Games_Trading
Oracle (ORCL): Bearish Scenario with Long-Term PotentialSince our last analysis of Oracle on the daily chart, there has been little significant change. The stock moved into our Wave (B) zone between $128 and $138, and after reaching a high of $132.77, it was rejected. A trendline was broken but quickly reclaimed, suggesting a potential push upward. We anticipate Wave 3, the subordinate wave, to find support around $91 to $86. Currently, everything indicates a falling trend, and unless the price rises above the recent high of $132.77, we expect continued downward movement. However, our primary scenario remains bearish, expecting a further sell-off down to the range between $80 and $50. This range is broad but suitable for long-term entries. We see no issue with the size of this target zone, as it offers good long-term potential.
NYSE:ORCLShort
by freeguy_by_wmc
$LINAUSDT is drawing a very interesting setupI see a lot of movements and crossing of figures on the graph of BYBIT:LINAUSDT.P 1. From the top to the down trend-line inside the tapering triangle in the left side. 2. Stochastic lateral movement inside the diamond pattern borders in the middle. 3. Forming of a probable expanding triangle on the right side. 4. Global pressure in the form of ascending triangle under all the changes above. I know, that we are working with tons of probabilities, but I believe, that basing on my investigations and intuition, in the next 5-6 months we will observe an raising upstairs walking to the range between 0.025 and 0.031. And the first step will start very-very soon. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view.
Long
by furoreggs
13
Bitcoin is Bearish or Bullish?To analyze the INDEX:BTCUSD Bitcoin to USD (BTC/USD) chart using the ICT style, we focus on the following key points and concepts: 1. Overall Trend Observation: The chart shows that Bitcoin's price has been in an upward trend starting from October 2023 and continuing until June 2024. Currently, a slight decline in the price is observed. 2. Liquidity Zones : - **Buy-Side Liquidity**: At higher levels (strong resistances), there are buy-side liquidity zones that can be considered as targets for an upward move. These zones include around $72,500, which is seen as a major resistance level. - **Sell-Side Liquidity**: At lower levels (strong supports), there are sell-side liquidity zones. These zones include around $60,000 and $55,000, which are seen as strong support levels. 3. Order Blocks : - **Bullish Order Block**: There is a bullish order block in the area of $63,000 to $64,000, indicating buying interest in this zone. - **Bearish Order Block**: If the price moves to lower levels, the bearish order block around $55,000 could be a significant area for a price reversal. 4. Fair Value Gaps (FVG): - If the price continues to drop, there might be fair value gaps between $60,000 and $62,000 that could be filled. 5. Volume Analysis: - Increasing volume during price rises confirms the upward trend. - Decreasing volume during price drops can indicate seller weakness and increase the likelihood of a price reversal from support levels. 6. Key Levels to Watch: - **Support**: $60,000 and $55,000 act as key support levels. - **Resistance**: $70,000 and $72,500 act as key resistance levels. Conclusion: According to the ICT analysis, Bitcoin is in an overall upward trend but has recently seen a price drop. The price might move towards lower support levels before potentially reversing. Monitoring trading volume and price behavior near key liquidity zones, order blocks, and fair value gaps can provide good guidance for trading decisions.
INDEX:BTCUSD
by Pedi_wxe
SPx500 FORECASTOverview: - Current Price: 5,348.8, down by 0.10% (-5.3 points). - Price Action: The index has been in a general uptrend, with some recent consolidation near the highs. Key Observations: 1. Trend: - The overall trend is bullish with higher highs and higher lows. - There has been significant upward movement in late May, followed by some consolidation and minor pullbacks in early June. 2. Recent Price Movement: - After reaching a high around 5356.8, the price has pulled back slightly and is currently consolidating just below this level. - The consolidation near the highs indicates a potential continuation pattern, suggesting that the market might be gathering strength for another move higher. 3. Bearish and Bullish Levels: - Resistance: The recent high around 5356.8 is acting as a resistance level. A breakout above this level could signal further bullish momentum. - Support: The previous swing low around 5280.0 can be considered a key support level. If the price breaks below this level, it could indicate a potential trend reversal or a deeper correction. 4. Volume and Volatility: - The chart does not show volume, but the recent price action suggests that volatility has been relatively low in the consolidation phase. Traders will likely watch for an increase in volume accompanying a breakout or breakdown to confirm the move. Potential Scenarios: 1. Bullish Scenario: - If the price breaks above the resistance at 5356.8 with strong momentum and volume, it could continue the uptrend, targeting new highs. - In this case, the next psychological levels to watch would be around 5400.0 and 5450.0. 2. Bearish Scenario: - If the price fails to break the resistance and falls below the recent consolidation low around 5280.0, it could signal the start of a correction. - In this scenario, the next support levels to watch would be around 5220.0 and 5200.0. 3. Sideways Movement: - The price could continue to consolidate between 5280.0 and 5356.8, indicating indecision in the market. - Traders might wait for a decisive breakout or breakdown from this range to determine the next significant move. Conclusion: The S&P 500 index is currently in a bullish trend with a consolidation phase near recent highs. A breakout above 5356.8 could continue the uptrend, while a breakdown below 5280.0 might lead to a correction. Traders should watch for volume and momentum to confirm any potential moves. Key Levels: Bullish Lines: 5377, 5405 Pivot Point: 5328.5 Bearish Line: 5300, 5251
OANDA:SPX500USD
by RojBarwari
DJ30 FORECASTBased on the OANDA:US30USD chart, the price at 38790.0 is above the pivot point of 38753, indicating a bullish sentiment. If the price stays above this pivot, it could move towards Bullish levels at 38906 and 39022. Conversely, if it drops below the pivot point, it could target Bearish levels at 38637 and 38484. The current bias is bullish, but close monitoring around the pivot point is essential to confirm the market direction. Key Levels: Bullish Lines: 38818, 38906, 39022, 39165 Pivot Line: 38753 Bearish Line: 38637, 38484, 38279
OANDA:US30USD
by RojBarwari
GOLD FORECASTThe current analysis suggests a bullish trend for OANDA:XAUUSD . A retest of the pivot line at 2294 is expected. If the price holds above this level, it is projected to rise first to 2306. Stabilizing above 2306 could lead to further upward movement towards the 2322 and 2333 zones. However, if the price fails to hold above 2294, it may decline to 2281 and potentially further down to 2268. Key Levels: Bullish Lines: 2306, 2322, 2332, 2351 Pivot Line: 2294 Bearish Lines: 2281, 2268, 2253
OANDA:XAUUSDLong
by RojBarwari
GOLD Trades Idea for Monday 10 June 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 10 June 2024 SELL LIMIT Order: $2349.22 Stop Loss: $2388.04 Take Profit 1: $2310.66 Take Profit 2: $2259.37 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%. Trade Review For 07 June 2024 The US market data causes our gold to crash all the way, one of the largest movements from the start of the year. Resulted in a loss. Let's try again tomorrow! P&L for the month: +0.1R 03 June: +0.5R 04 June: +1.6R 05 June: -1R 07 June: -1R The year 2024 Trade Results January: +2.6R February: -1.3R March: +0.7R April: +4.10R May: +0.2R
OANDA:XAUUSDShort
by Barry_Games_Trading
GOLD FORCASTThe current analysis indicates a bearish trend for XAUUSD. A retest of 2355 is expected. If it fails to hold above this level, the price is projected to decline first to 2328 and, if it stabilizes below 2328, continue to 2306. Alternatively, if it stabilizes above 2355, a bullish trend towards 2397 is anticipated. Additionally, the market is expected to be very volatile due to upcoming NFP and Unemployment news. Key Levels: Bullish Lines: 2355, 2397, 2412 Bearish Lines: 2328, 2306, 2281
OANDA:XAUUSD
by RojBarwari
Gold creates a strong decreasing patternGold stays in a good consolidation sample because it has for the beyond 9 days. The excessive of the variety is at 2,364 (C), additionally a weekly excessive, and the low is 2,315. On Wednesday gold superior to a three-day excessive of 2,357, over again checking out resistance on the 20-Day MA. At the time of this writing gold is on the right track to shut at its maximum each day ultimate fee in six days. An increase above 2,360 will offer an in advance bullish sign than a upward thrust above 2,364. The 50-day MA has represented a place of ​​assist during the last week. If this week`s low of 2,315 fails to maintain assist, gold will goal to retest the current swing low of 2,277. A wreck beneath that stage could goal the preceding breakout degrees at 2,212 and 2,195. The meantime goal is 2,239, that is the final touch of the downward ABCD sample. That goal is a capability pivot in which assist will be seen. Downside prolonged ABCD goal at 2,205, withinside the 2,212 to 2,195 fee variety 💵 OANDA:XAUUSD SELL 2371-2373💵 ✔️ TP 2360 ✔️ TP2 2350 ❌ SL 2379 💵 OANDA:XAUUSD BUY 2353 - 2355💵 ✔️ TP 2360 ✔️ TP2 2370 ❌ SL 2347
OANDA:XAUUSDShort
by MrTrongVo
GOLD Trades Idea for Friday 07 June 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 07 June 2024 BUY LIMIT Order: $2363.09 Stop Loss: $2353.25 Take Profit 1: $2372.68 Take Profit 2: $2385.43 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 04 June 2024 We managed to reach both take profit! I hope we can continue to find good trade again this month! P&L for the month: +0.6R 03 June: +0.5R 04 June: +1.6R 05 June: -1R The year 2024 Trade Results January: +2.6R February: -1.3R March: +0.7R April: +4.10R May: +0.2R
OANDA:XAUUSDLong
by Barry_Games_Trading
GOLD Trades Idea for Thursday 06 June 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 06 June 2024 BUY LIMIT Order: $2337.98 Stop Loss: $2325.72 Take Profit 1: $2350.00 Take Profit 2: $2365.98 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 03 June 2024 We managed to hit take profit 1 but it ends at break even. Let's continue tomorrow! Trade Review For 04 June 2024 We managed to reach take profit 1 as well, now this trade is running risk-free! Let's continue to hold! Trade Review For 05 June 2024 Our first losing trade of the month. We almost hit our take profit 1... Let's try again tomorrow! P&L for the month: +0R 03 June: +0.5R 04 June: +0.5R & running 05 June: -1R The year 2024 Trade Results January: +2.6R February: -1.3R March: +0.7R April: +4.10R May: +0.2R
OANDA:XAUUSDLong
by Barry_Games_Trading
GOLD Trades Idea for Wednesday 05 June 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 05 June 2024 SELL LIMIT Order: $2338.67 Stop Loss: $2353.14 Take Profit 1: $2324.46 Take Profit 2: $2305.55 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 03 June 2024 We managed to hit take profit 1! Now this trade is running risk-free. Continue to hold until either it reaches take profit 2 or stop loss at break even. Trade Review For 04 June 2024 We manage to trigger this trade, let's continue to hold until either it reaches take profit or stop loss. P&L for the month: +0.5R 03 June: +0.5R 04 June: Running The year 2024 Trade Results January: +2.6R February: -1.3R March: +0.7R April: +4.10R May: +0.2R
OANDA:XAUUSDShort
by Barry_Games_Trading
Everyone waits for Nonfarm news this weekWe can also be retaining a near eye at the Committee`s "longer-run" fed budget price projections. The median longer-run dot changed into basically unchanged at 2.5% among June 2019 and December 2023. The median ticked up ever so barely to 2.56% withinside the March SEP, and our first-class wager is that the median longer-run dot is headed modestly better withinside the June SEP, probable to a cost among 2.625% and 2.75%. Data launched for the reason that remaining assembly suggest that the chance of charge re-acceleration because of robust monetary interest has faded somewhat. However, we proportion the commonplace expectation that the FOMC will maintain its goal variety for the federal budget price unchanged at 5.25%-5.50% at the belief of its coverage assembly on June 12. We assume to peer a nod withinside the post-assembly declaration to the latest blend of interest and charge facts suggesting a decrease hazard of charge re-acceleration, however we assume the Committee will preserve to represent inflation as “elevated.”
OANDA:XAUUSD
by MrTrongVo
$EURUSD pessimistic proposal for a pair of yearsI believe, that FX:EURUSD should stay sustainable and reliable pair for a long time, but I suppose it will take a part in an descending flow till the end of 2025 - mid of 2026. Ratio 0.85:1 looks like a possible scenario for the next time. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view )
Short
by furoreggs
2
GOLD Trades Idea for Tuesday 04 June 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 04 June 2024 BUY LIMIT Order: $2330.07 Stop Loss: $2314.55 Take Profit 1: $2325.34 Take Profit 2: $2365.64 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 03 June 2024 Our trade got trigger in, let's hold the trade until either price reaches stop loss or take profit. P&L for the month: 0R 03 June: Running The year 2024 Trade Results January: +2.6R February: -1.3R March: +0.7R April: +4.10R May: +0.2R
OANDA:XAUUSDLong
by Barry_Games_Trading