Get started

Indices500

US30 Entries + ExitsThe 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there. The same exact thing goes for resistance sell/break plays!
OANDA:US30USD
by ExclusivelyFX
2
S&P Analysis Week of 12/13/2020: Will Selling Continue?S&P Analysis Week of 12/13/2020: Will Selling Continue? Will the S&P continue to sell off this week or will it make new all time highs? There has been a lot of whiplash and volatility over the year and last week was another good example. How many people thought they were in a good trade making profit only for the market to come back and take it away and some? The market makers love to make investors look like fools and I expect that to continue this week. My setups this week are pretty simple: Trade #1 (long): This trade setup waits until we are back at all time highs. A break above this level (with a retest) would be a good bet we are going to see higher prices and/or a melt-up. Note: Markets like to test the bottom of breakup candles and the top of breakdown candles. Do not be surprised or frustrated if price climbs back up to this point. It could just be a retest, which is why I would wait until we get above this breakdown candle. Also, price usually does not succeed on the first attempt. If price hangs out in this area after the first attempt, expect the market to plow through this level at some point. Trade #2 (short): This trade setup waits until we break last week's low (with a retest) before going on to make lower prices. Last week I indicated a potential short trade but I labeled it as 'not preferred' because we were in an uptrend and the trend is your friend until its not. We are still in an uptrend technically (all the charts on the higher timeframes look healthy). However, if price starts to make a lower low from last week, we are probably heading for lower prices. So that's why I drew this trade in this week. Note: I still think you need to be very careful shorting in an uptrend. Last week, we saw whiplash because there were numerous short opportunities erased by a reversal pump. That's what happens when you try to short in an uptrend. Prices bounce a lot easier or tend to want to continue to go up. NEVER play the breakouts (they usually result in a retrace back to the breakout/breakdown area). Wait for the retest and resumption in the direction of your trade setup. Good luck and please hit the like button.
CME_MINI:MESZ2020
by XYZ-Trader-
3