buying an $ID for the short term seems risky In the current state, buying an AMEX:ID for the short term seems risky to me. If there is a pullback to the yellow zone and the overall market conditions are good, it could be a suitable entry point. However, if the market conditions are not favorable, it may act like that red arrow
IDEA
DXY (US-Dollar Index) IdeaHey whats up community.
Thats my personal view of the DXY chart. We respected our demand zone and shifted Structure on H4 timeframe. so follow the order flow. We have a nice supply level above the liquidity until there we can look for dollar longs. Which means automatically EU GU AU NU shorts.
Have a nice trading week.
Gold trading idea big moveHi, after we defined the first buy wave of the gold with over 400 pips we manually closed the positions because we're about to see a big move down again :
we're scaliping buy/sell until 2037 where the big sell trades should take place we'll continue selling for the rest of today and friday london session if we get to 1970 by the Nyse session we'll close all and get back to buy position.
Be carefull the market will move fast during this couple days.
GOLD trading ideaHI.
Here's the next days Gold Map :
after the big move up we're expecting the gold to continue with a smal wave until 2042 levels then start shorting gold until 1986 where it is going to retest our broken triangle
then start big buys operations pay attention to the quick moves down to hit your Stops ! make sure you have good stop lossat least 5 dollars.
we expect the gold to respect the secondary up trend lineuntil 2176 it may accelerate and it may also goes slow it will depend on the market conditions but one thing is sure the gold is not yet to sell for the upcoming days.
trade safe and good luck to everyone!
Why do most traders end up losing moneyThis question is quite scary, but if you are a novice and see this question, congratulations, you are on the right path of trading.
The most important lesson to learn before entering the financial markets is risk expectation.
You can ask yourself, how much money do you want to make from trading? Is your goal asset appreciation, or a small fortune?
If a trade loses money, will it affect your own life?
Is your own character able to stop losses in time, or do you have no self-control?
After asking these questions, we decide whether to enter the financial market.
So why do the vast majority of traders lose money?
1. Because of the particularity of the financial market.
I believe that many friends have heard of the 28 rule. For example, in the distribution of wealth in our society, 20% of people control 80% of social wealth; 20% of people will persist in encountering difficulties, and 80% of people will give up when encountering difficulties.
The rule of 28 is ubiquitous in life, and it also determines what kind of people will succeed and what kind of people will fail.
As for the financial market, it is crueler than real life, because there are no rules in this market, only human nature, so the financial market even surpasses the rule of 28, and less than 10% of people may make profits. In the face of money, most people want to make a big fortune with a small amount, and want to turn around by trading, so those who have stable personalities, strong self-control, low income expectations, and money in their hands are silently harvesting these people who are eager for quick success.
Some people may say that the world is inherently unfair, and those who hold funds can only survive because of the capital.
Actually no. We Xiaosan hold small funds, and we can achieve low return expectations, or we can do it slowly, but how many people are just anxious to make money? Just want to make a big difference with a small one? Just don’t regard money as money, and think it’s a big deal to take a gamble, and if it’s gone, it’s gone?
So it has nothing to do with the amount of capital, but has something to do with people. In financial markets, human nature is the rule.
2. Too many people are dominated by human nature.
As I said before, there are no rules in the financial market, and human nature is the rule.
Trading is a very anti-human thing. Human nature is greedy for comfort, averse to risk, afraid of losing, feeling that one's level is higher than others, hating giving and learning, impatient, etc., which will be infinitely magnified in trading.
There is a saying in the trading industry that trading can be profitable, mentality accounts for 70%, and technology accounts for 30%. In actual combat, it seems that it is not difficult for traders to see the market correctly, but it is very difficult to complete this wave of market and make profits. Why?
I give two examples.
For example, the problem of stop loss in trading.
Seeking advantages and avoiding disadvantages is a characteristic of human nature, unwillingness to lose, unwilling to accept losses, this is human self-protection awareness. Stopping losses in the wrong direction means losing our real money, who can bear it? So in actual combat, many people rationally know that the direction is wrong, but they just don't stop losses, and even increase their positions against the trend, floating orders, allowing the stop loss to become bigger and bigger, and finally lead to serious losses.
Another example is the profitable position in the transaction.
The market trend always fluctuates upwards, or fluctuates downwards, and profit taking in positions is often encountered. Once profits are withdrawn, we will have a sense of insecurity in our hearts, worrying about the reversal of the market and losing profits. This insecurity is also due to human nature.
Even if we rationally know that the profit target has not yet been reached, we should continue to hold positions, but the little emotion of longing for peace of mind has been tormenting us, and in the end we couldn't help but close the position, and made a lot of less money. We comfort ourselves that it is all right, at least there is no loss. But in fact, less earning = loss, because the amount you lose next time will be greater than the money you earn. In the long run, your overall loss will be.
There are many such examples, such as betting on the market, heavy trading, unwillingness to admit defeat, stop loss leading to liquidation, etc., are all caused by the aversion to loss in human nature and the fear of failure.
In fact, if we look at the trading market 100 years ago, it is basically the same as the current human nature problem. The weakness of human nature is very strong, and it is also the main reason why traders lose money.
So at the beginning, I asked everyone to ask themselves those questions, just to let everyone understand their own personality, their current situation, and their human nature, so as to help you win certain opportunities in the trading market.
Trading is like a free game. It seems that the threshold is low and no money is required, but in fact some hidden costs are contained in it, and the human nature is clearly played for you. Therefore, before making a transaction, you must have an existing risk expectation, and then think about making money.
$RNFT will show a good jump in a monthMOEX:RNFT
In a month we will see a good jump on the MOEX RUSNEFT. Since it made many attempts to break through 110, it will try to do it again. But I confident, this time it will jump higher and slip to the 146 per share.
$RNFT::98->144::46%::1 month
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs #shares
SPY/QQQ Market Bias & Top Stock Watches - 4/3/2023 - Choppy BullBias: A bit extended up, a pull back would not be a surprise but lots of buying pressure so could be a bit choppy.
Top Watches: Long - ISEE, APLS, MPC, EDR. Short - FRO, TRMD.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
Idusdt | Will Fly Soon | Dip is For Buying Idusdt
Falling Wedge Breakout Confirmed In Hourly Timefarme retest is in progress also look like forming doubke buttom pattern .
Incase of Succesful Retest Expecting Massive Bullish Move.
This will give a bullish move again, its a matter of time
the month of April is like Eid for some Coins and Id is getting ready for eid
Remember: We only give ldea's from our
experience and knowledge, it does not
mean that it will be 100% correct, the
market is always unpredictable, anything
can happen anytime.
Always trade with your own research and
knowledge. If You Are Satisfied With Our
Work Then Join.
Allah knows best, indeed
Watch out for AUDJPYHEY TRADERS
in this analysis, my bias is bullish, i'm focusing on catching the next swing:
AUDJPY: there is a descending pattern forming which potentially means a change/shift in trend, now what is our confluence for trading this setup (taking entry)
1. Now price broke out we need to see a continuation correction to further look for the next impulse.
2. Higher time frame double bottom
3. third touch confirmation
thanks for reading
TRADE SAFE AND STAY SAFE
Market Bias & Top Stock Watches - 3/27/2023 - BullishBias: Bullish, will be watching for a move up to 400 area. 402.5 could be tested and broke today as well.
Top Watches: Long - PINS, TSEM, KEY, MSFT, FB. Short - BLK.
Tune in to my stream at 9:25 EST for my full list of top stock watches and to watch me trade them Live!
Follow @JLaing for a timely morning bias of the market like this, top stock watches, and live day trading every morning!
BTCUSDT Price Analysis* Pretty simple and clean details shared.
* Each and everything has been mentioned in the Pic (Chart).
* If the Triangle "Breaks Up" then will reach to the mentioned price in "Yellow Colour" otherwise if Breaksdown then it's gonna touch the lower price mentioned in "Yellow Cplour".
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----------->>>>>>>>> $ <<<<<<<<<----------
* If still have questions, you are welcome to ask it.
EURUSD 26th marchEURUSD - As you can see from the chart, the setup for this week is quite similar to the others we have posted. Any setup involving the US dollar appears to have a comparable outlook, assuming the price moves as we anticipate. My current plan is to look for an immediate push towards the supply area above, followed by a continued drop. If we do not see a reaction at that supply level, I will then consider the supply level above that. Ideally, I would like to see a new low formed before we push towards this supply level, but given the major downtrend, I prefer to capture the move before it passes us by. In the event that these areas do not pan out and we instead reach a new high, we will consider buying opportunities outside of the range. However, my overall sentiment is bearish.
As always, we'll be closely monitoring market openings and adjusting our strategy accordingly. The areas of supply above look particularly attractive for potential sales, as there is clear imbalance and momentum coming from the downside. Additionally, we have a major swing low that has yet to be tested, as well as a major swing high, creating opportunities for trades between these areas.
AUDUSD 26thn march For the AUD/USD currency pair involves the potential for a bullish move from the demand area located at the base of the previous swing. We have also noted an unfilled gap from previous weeks' price action and anticipate a downward shift to fill this gap.
As we move forward, we will be closely monitoring the supply area at our short-term swing high, with the possibility of a short move or a push through that high to initiate a lower move from the supply area marked above it. However, if these areas do not play out as expected, we will continue to wait for a bearish move, as we believe that the unfilled gap must eventually be filled.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
MARIS SPINNERS : Future Multibagger !!!Potential Multibagger:-
Fundamentals :
Company is expected to give good quarter
Company has delivered good profit growth of 42.2% CAGR over last 5 years
Technicals :
Stock is testing 2019 demand zone.
Good to accumlate around 55-66. add more if comes lower.
Targets can be 80, 100, 150, 200+
Safe can exit below 44, with small risk potential of big targets.
-Saptarish Trading.