IMPORTANT BITCOIN ZONE! BOS SOON
Bitcoin is approaching a critical zone on the chart, and it is necessary to wait and see if a break of structure will occur. The trend on the lower time frame is currently bullish. However, on the larger picture, as seen on the daily time frame, it remains bearish. Notably, Bitcoin is positioned above all key moving averages (MA20, MA50, MA100) , which is a bullish signal. The support zone is at 68,500 . We are heading into an interesting week ahead.
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IDEA
GOLD Trades Idea for Monday 27 May 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 27 May 2024
BUY LIMIT Order: $2333.90
Stop Loss: $2325.22
Take Profit 1: $2342.33
Take Profit 2: $2353.54
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 24 May 2024
Our limit order did not get triggered in. Let's try again today!
P&L for the month: +1.2R
01 May: +0.5R
02 May: +0.5R
03 May: +0.5R
06 May: +1.6R
09 May: +0.5R
13 May: -1R
14 May: -1R
17 May: -1R
21 May: -1R
22 May: +1.6R
The year 2024 Trade Results
January: +2.6R
February: -1.3R
March: +0.7R
April: +4.10R
GOLD Trades Idea for Friday 24 May 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 24 May 2024
SELL LIMIT Order: $2362.10
Stop Loss: $2834.04
Take Profit 1: $2340.42
Take Profit 2: $2311.58
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 23 May 2023
Our limit order did not get triggered in. Let's try again today!
P&L for the month: +1.2R
01 May: +0.5R
02 May: +0.5R
03 May: +0.5R
06 May: +1.6R
09 May: +0.5R
13 May: -1R
14 May: -1R
17 May: -1R
21 May: -1R
22 May: +1.6R
The year 2024 Trade Results
January: +2.6R
February: -1.3R
March: +0.7R
April: +4.10R
How much strength does it take to fill a gap?While I believe $87.50 is the point of contention for price action in the days to come, it’s difficult to say whether SBUX will be either below $70.00 or well above $100.00 by the end of Q4 2024. Either way a set up does present itself. The consumer is undergoing discretionary spending and currently this stock is down 15.43% year to date. When sentiment shifts, I see no reason as to why this asset couldn't be a decent performer in one's portfolio. The trading game plan is as follows.
1.) Short entry at 83.05 from the 100 4HR EMA
2.) SL set at 88.20
3.) TP 1 78.69
4.) TP 2 74.50
5.) TP 3 72.00
GOLD Trades Idea for Thursday 23 May 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 23 May 2024
SELL LIMIT Order: $2406.90
Stop Loss: $2426.86
Take Profit 1: $2387.18
Take Profit 2: $2360.95
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 22 May 2023
We captured a full win today! Our limit order was triggered, and the price quickly reached our first take profit target early in the day. The price continues to push downward to our final take profit!
P&L for the month: +1.2R
01 May: +0.5R
02 May: +0.5R
03 May: +0.5R
06 May: +1.6R
09 May: +0.5R
13 May: -1R
14 May: -1R
17 May: -1R
21 May: -1R
22 May: +1.6R
The year 2024 Trade Results
January: +2.6R
February: -1.3R
March: +0.7R
April: +4.10R
GOLD Trades Idea for Wednesday 22 May 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 22 May 2024
SELL LIMIT Order: $2423.36
Stop Loss: $2434.00
Take Profit 1: $2412.73
Take Profit 2: $2398.59
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 21 May 2023
Unfortunately, our trade headed to stop loss right after triggering our limit order before reversing back. This is the unpredictable side of trading, let's try again tomorrow.
P&L for the month: -0.4R
01 May: +0.5R
02 May: +0.5R
03 May: +0.5R
06 May: +1.6R
09 May: +0.5R
13 May: -1R
14 May: -1R
17 May: -1R
21 May: -1R
The year 2024 Trade Results
January: +2.6R
February: -1.3R
March: +0.7R
April: +4.10R
GOLD Trades Idea for Tuesday 21 May 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 21 May 2024
BUY LIMIT Order: $2423.68
Stop Loss: $2407.09
Take Profit 1: $2440.03
Take Profit 2: $2461.76
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 20 May 2023
The price pushes higher before heading back down for a retracement. But the retracement is not strong enough to hit our limit order, hence no order for today. Let's try again tomorrow!
P&L for the month: +0.6R
01 May: +0.5R
02 May: +0.5R
03 May: +0.5R
06 May: +1.6R
09 May: +0.5R
13 May: -1R
14 May: -1R
17 May: -1R
The year 2024 Trade Results
January: +2.6R
February: -1.3R
March: +0.7R
April: +4.10R
$TONUSDT either correction or fifth waveIn my point of view, we will be able to see two ways of the further development of events:
1. BYBIT:TONUSDT will stop recent moving and will turn around directly to the correction related to the previous long jumps. This scenario look like more probable, since regarding to the indicators, this pair seems overbought.
2. In accordance with the waves theory, BYBIT:TONUSDT will close the 3rd wave via short correction moving and will open a raising movement to the 5th wave (1W chart).
Expecting and prefer to see correction to 3.5-4 in the closest 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
GOLD Trades Idea for Monday 20 May 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 20 May 2024
BUY LIMIT Order: $2392.65
Stop Loss: $2373.77
Take Profit 1: $2411.28
Take Profit 2: $2436.06
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 17 May 2023
Our trade resulted in a loss. The price had an initial favourable movement but eventually went into loss. Let's try again tomorrow!
P&L for the month: +0.6R
01 May: +0.5R
02 May: +0.5R
03 May: +0.5R
06 May: +1.6R
09 May: +0.5R
13 May: -1R
14 May: -1R
17 May: -1R
The year 2024 Trade Results
January: +2.6R
February: -1.3R
March: +0.7R
April: +4.10R
GOLD Trades Idea for Friday 17 May 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 17 May 2024
SELL LIMIT Order: $2387.39
Stop Loss: $2397.77
Take Profit 1: $2377.27
Take Profit 2: $2363.80
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 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 16 May 2023
We did not trigger our limit order. No trade for Thursday. Let's continue and try again tomorrow!
P&L for the month: +1.6R
01 May: +0.5R
02 May: +0.5R
03 May: +0.5R
06 May: +1.6R
09 May: +0.5R
13 May: -1R
14 May: -1R
The year 2024 Trade Results
January: +2.6R
February: +3.35R
March: -2.90R
April: -7.75R
GOLD Trades Idea for Thursday 16 May 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 16 May 2024
BUY LIMIT Order: $2366.58
Stop Loss: $2351.67
Take Profit 1: $2381.25
Take Profit 2: $2400.76
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 May 2024
This trade resulted in a loss, we did get some initial reaction around our entry but the price failed to continue the downtrend. Let's try again tomorrow!
Trade Review For 15 May 2023
We did not trigger our limit order. No trade for Wednesday. Let's continue and try again tomorrow!
P&L for the month: +1.6R
01 May: +0.5R
02 May: +0.5R
03 May: +0.5R
06 May: +1.6R
09 May: +0.5R
13 May: -1R
14 May: -1R
The year 2024 Trade Results
January: +2.6R
February: +3.35R
March: -2.90R
April: -7.75R
GOLD Trades Idea for Wednesday 15 May 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 15 May 2024
BUY LIMIT Order: $2344.37
Stop Loss: $2334.64
Take Profit 1: $2353.85
Take Profit 2: $2366.45
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 May 2024
We managed to trigger our limit order during high-impact market data. Let's hold until either take profit 1 or stop loss.
P&L for the month: +2.6R
01 May: +0.5R
02 May: +0.5R
03 May: +0.5R
06 May: +1.6R
09 May: +0.5R
13 May: -1R
14 May: Pending
The year 2024 Trade Results
January: +2.6R
February: +3.35R
March: -2.90R
April: -7.75R
GOLD Trades Idea for Tuesday 14 May 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 14 May 2024
SELL LIMIT Order: $2352.16
Stop Loss: $2364.80
Take Profit 1: $2339.77
Take Profit 2: $2323.28
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 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 13 May 2024
Our first loss for the week, but this is completely normal and is part and parcel of the trading world. As long as we adhere to good risk management practices by risking a small amount and ensuring that our wins outweigh our losses, we can be profitable in the long run. Let's regroup and approach tomorrow's trading with renewed focus and determination!
May 2024 Trade Results
P&L for the month: +2.6R
01 May: +0.5R
02 May: +0.5R
03 May: +0.5R
06 May: +1.6R
09 May: +0.5R
13 May: -1R
The year 2024 Trade Results
January: +2.6R
February: +3.35R
March: -2.90R
April: -7.75R
GOLD Trades Idea for Monday 13 May 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 13 May 2024
BUY LIMIT Order: $2358.02
Stop Loss: $2345.07
Take Profit 1: $2370.72
Take Profit 2: $2387.60
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 10 May 2024
Gold continued to push higher and did not trigger our limit order. Let's try again tomorrow!
May 2024 Trade Results
P&L for the month: +3.6R
01 May: +0.5R
02 May: +0.5R
03 May: +0.5R
06 May: +1.6R
09 May: +0.5R
The year 2024 Trade Results
January: +2.6R
February: +3.35R
March: -2.90R
April: -7.75R
Ideaology (IDEA)Ideaology is a blockchain project that strives to connect Innovators, developers and investors connected in one platform to create an ecosystem which covers four steps from initial idea to crowdfunding. Anyway, IDEA was mostly in a downtrend since the beginning. Recently, IDEA broke the long downtrend line, and it seems an upward phase is about to start. Let's see what happens.
P.S. Note that IDEA's 24H trading volume is less than 1 Million Dollar, so be careful.
GOLD Trades Idea for Friday 10 May 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 May 2024
BUY LIMIT Order: $2322.16
Stop Loss: $2306.41
Take Profit 1: $2337.67
Take Profit 2: $2358.29
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 06 May 2024
This trade finally hit our second take profit level after holding it for a few days! Finally a decent good profit after so many days of breakeven! Hope you can follow my trades too!
Trade Review For 09 May 2023
Fortunately, our trade managed to hit take profit 1 before reversing back to the upside! Took profit and shifted stop loss to break even to secure my profit!
May 2024 Trade Results
P&L for the month: +3.6R
01 May: +0.5R
02 May: +0.5R
03 May: +0.5R
06 May: +1.6R
09 May: +0.5R
The year 2024 Trade Results
January: +2.6R
February: +3.35R
March: -2.90R
April: -7.75R
XAUUSD Analysis (10th May 2024)
Market Analysis PT1/2 (10th May 2024)
XAUUSD Analysis
On the 1 hour timeframe, price has finally broken out of the 3 day range we have formed.
As price is driving towards higher prices on Gold, Price has actually created a 1 hour Bullish FVG as well as a Bullish OB.
There are 2 scenarios that could play out.
1) Price retest into the FVG and continues bullish after a quick retest, giving us a 5 minute Change of Character to the upside.
2) Price retraces deeper into the 1 hour OB. IF this happens i will wait for a 15 minute CHOCH before looking for potential buy entries.
#IDEA long trade setup intraday (09/05/24)Greetings Folks,
today I have prepared a setup of
NSE:IDEA on NSE
the analysis is as follows-
- marked an important support zone in higher timeframe
- price tapped in it and respected the support zone
- in lower timeframe , there is a ranged structure
speculating that nifty might move in up direction, we can plan a small counter trade
don't play with fire, always use a predefined stoploss
GOLD Trades Idea for Thursday 09 May 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 09 May 2024
SELL LIMIT Order: $2314.74
Stop Loss: $2321.78
Take Profit 1: $2307.94
Take Profit 2: $2298.91
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 06 May 2024
We are still running this trade. This trade is testing our patience, let's continue to hold, I will provide constant updates until either take profit or stop loss has been reached!
Trade Review For 08 May 2023
Once more, our directional bias proved correct. However, the price didn't retrace sufficiently to trigger our limit order. If it had, we could have profited handsomely and hit both our take profit levels precisely as planned!
May 2024 Trade Results
P&L for the month: +2R
01 May: +0.5R
02 May: +0.5R
03 May: +0.5R
06 May: +0.5R, Running
The year 2024 Trade Results
January: +2.6R
February: +3.35R
March: -2.90R
April: -7.75R
DCA - is for those who do not like to be nervousIn the fast-paced and often volatile world of cryptocurrency, finding best investment strategy can be a daunting task. While many traders seek quick gains through active trading, a more prudent and less stressful approach exists: Dollar-Cost Averaging (DCA).
What is DCA?
DCA is an investment strategy that involves investing a fixed amount of money into a particular asset at regular intervals, regardless of the asset's price. This approach aims to reduce the impact of market volatility on investment returns by averaging out the purchase price over time.
Why is DCA the Sleep-Well Strategy?
DCA offers several advantages that make it an ideal strategy for investors seeking long-term growth and peace of mind:
Emotional Discipline: DCA eliminates the emotional decision-making that often plagues traders. By investing consistently, regardless of price fluctuations, you avoid the urge to buy high and sell low.
Reduced Risk: DCA averages out the purchase price, reducing the overall impact of market volatility. You may buy some coins at higher prices, but you'll also benefit from lower prices, evening out your investment cost.
Long-Term Focus: DCA encourages a long-term investment mindset, discouraging impulsive decisions based on short-term price movements. It's about building wealth gradually and consistently over time.
DCA vs. Trading:
DCA stands in stark contrast to active trading, which involves buying and selling assets frequently to capitalize on short-term price movements. While active trading may appeal to experienced traders with high-risk tolerance, it often leads to emotional decision-making and can be time-consuming and stressful.
DCA: A Proven Strategy with Remarkable Returns
To illustrate the effectiveness of DCA, let's examine the returns of some prominent cryptocurrencies over the past few years, assuming a monthly DCA investment of $100:
Bitcoin (BTC): Investing $100 monthly in BTC since January 2019 would have yielded a staggering 112% return, with a total investment of $12,000 growing to $25,440.
Ethereum (ETH): A DCA approach for ETH since January 2019 would have resulted in an impressive 770% return.
Solana (SOL): DCA into SOL since January 2021 would have generated a remarkable 304% return
Fetch.ai (FET): Investing $100 monthly in FET since January 2019 would have yielded an exceptional 776% return
Understanding the Coins: Technology and Applications
Bitcoin (BTC): The world's first and most popular cryptocurrency, Bitcoin is a decentralized digital currency that enables peer-to-peer transactions without intermediaries.
Ethereum (ETH): A decentralized blockchain platform, Ethereum supports a wide range of applications, including smart contracts, decentralized finance (DeFi), and non-fungible tokens (NFTs).
Solana (SOL): A high-performance blockchain known for its scalability and speed, Solana aims to provide a faster and more efficient alternative to Ethereum.
Fetch.ai (FET): An AI-powered decentralized platform, Fetch.ai facilitates the development of autonomous agents for various applications, including open marketplaces and data monetization.
Conclusion:
DCA is a powerful investment strategy that allows individuals to build wealth in cryptocurrency while minimizing risk and emotional stress. By consistently investing fixed amounts, regardless of market fluctuations, DCA investors can reap significant rewards over the long term. Embrace DCA, sleep well, and let your investments grow steadily towards a brighter financial future.