Update to SPY fade set up intraday VWAPInitial trade set up stopped out but my bias is still short. New entry and target presented.
Intradaytrade
JSW Steel Breakout Trade for Booking ProfitsThe stock will go up if it gives a breakout because. Stock touched the resistance points 3 times. Ema Crossover also giving buy indication and MACD buying indication.
QQQ intraday targets and daily targetsQQQ buyers are in control right out of the market open. Resistance levels and support levels presented. Bias is short, but long and short targets are presented.
an end of a bull run...?markets, sentiments, and behavior all seem weak at least to me. motivation is not high to take any long position. ya but from an intraday point of view, will stay neutral before setting any bias. major levels marked, will follow the market for tomorrow's trade.
USDCAD SHORT Intraday Welcome back! Here's an analysis of this pair!
**USDCAD - Intraday SHORT Opportunity. Rules for entry: Downtrend daily and 4 hr., price in strong reversal zone, corrective structure from downtrend, wick rejection, top of 4 hr. channel...apply your own rules according to the strategy you use and you should find an opportunity. Good luck!
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CADJPY BULLISH ENTRY MOMENTUMCADJPY BULLISH ENTRY MOMENTUM
- CADJPY has created an order block from yesterday's New York Killzone.
- The price has broken the market structure to the upside, showing there is momentum to continue the uptrend.
- The order blocks are aligned with the internal Fibonacci entry area.
- The entry area is at a discounted price level because it is below 50% from the previous impulsive movement.
- By using the external Fibonacci retracement to both XAY pattern and Fibonacci projector as the target profit.
- To execute the trade, lower time frame is needed to seek confirmation of a change in the market structure on the order blocks area.
GBPUSDThis is also my current long position I am aiming to take my profit at a weekly resistance point and then short from a pull back and then wait for a new High. I will only taking longs short term while my long term idea on GBPUSD is bearish.
GAP is ready to be filled...?trading has to be simple in all ways. trading is art yet most difficult to master. but the one who masters it lives the life of his dreams.
important levels marked. we are in a kind of bullish trend for the past 1 week but don't forget to remember the sentiments of the market.
#HDFCBANK LEVEL#We make Only Profit
#All Important Level in HDFCBANK
#BANKNIFTY #NIFTY #TCS #RELIANCE #HDFCBANK
another big move is coming traders..?pure price action levels are marked, traders. volatilities are high in the market. still no positive news in the market yet. so i wiill kepp my bias to neutral will take an action when price processed any of marked line either up or either down. best of luck traders.
A SHORT TRADE FORMING IN SAND FOR INTRADAY LEVELSBy the looks of it, SANDUSDT is forming a good trap for buyers. If everyhting goes my way, then I think that we might see a false breakout of the current resistance level at 30 min timeframe, makes a bullish candle in order to trap buyers to enter a LONG position.But the problem is that there is a continuing resistance trendline which started from 9th March. What I think is that SAND will take resistance from there and I am planning of entering a short trade whenever the right time comes and with a decent Stop Loss.
If u can relate to my planning, then please Like, share and follow my channel. (NOT A FINANCIAL ADVISOR)
THANKS (:
Your Trading Style and Holding Period ⌛ ⌛ ⌛
How long to hold your trading position?
Everything depends on your trading style.
In this post we will discuss the preferable holding period for your trading positions.
First,
Let's define 4 main trading styles:
Scalper, intraday trader, swing trader and investor.
One of the core differences between these styles is the time horizon of their predictions of a market behavior.
1️⃣Scalper attempts to predict minor price fluctuations. His goal is not to pursue the waves, rather a minor moves up and down.
For that reason, pro scalpers tend to hold their position minutes, sometimes even seconds.
Expanding the time horizon they are risking to be stopped out from their positions.
2️⃣Intraday traders operate on intraday time frames.
They are trying to predict the price movements within a day or even a trading session.
The average holding period of a pro intraday trader is ranging from minutes to hours.
3️⃣Swing traders are aiming to catch swing moves - the waves.
Typically by a wave we call a trend following movement.
Pro scalpers usually close their positions once the market starts retracing (correcting itself).
Following such a strategy, scalpers tend to hold their trades days to weeks.
4️⃣In contrast to a swing trader, the investor does not care about the retracements and pullbacks.
The investor is trying to pursue the entire movement within the trend.
Usually he hold his position till the trend lasts and closes that only when the market starts reversing.
Investors tend to hold their positions months, even years.
Recognizing an average holding period is crucially important for a selection of your trading style.
Which one do you prefer?
❤️Please, support this idea with like and comment!❤️
BUY @ support SELL @ resistance ( a perfect example)we have our major levels marked for the. expiry of 24/02/22. will follow the market and will remain neutral since we r getting chances for both long and short trades. best of luck traders.
VOLTAS DAY TIME FRAME TARGETVOLTAS have forming shark pattern make your trade plan with this
comment which to analysis next...
Tata Steel on 15 min time frame Tata steel is facing a continuous resistance as can be seen on the image . So good for intraday if its breals the level with a good volume and its important for it to take support at 200 EMA.
(ADVICE)- Market is sideways nowadays so act accordingly , if market is also going up and showing signs of going up then it may be more accurate trade.
After few hours NZDUSD projection As we scalp , market goes as we planned , it goes down back to its original path after few fakeout ..now it will try to goes down to respect another zone downwards
Happy trade guys , Show the market who we are
Till next mapping ..
love u all from me GP XENIX
MY PREDICTION FOR EURUSD 4 HOUR PROJECTIONAs we observe , it actually will goes down as we predicted last week , unfortunately there was a news where a rumors talking about biden and putin , so the news triggerred all major usd pair so that bull taking over market and goes ( break ) major trendline on daily chart that be defined by SMA .
So back to our prediction ,
it will now trying to make a fakeout before getting back on its original path where it will goes down to respect another zone if its break , if not it will a major/minor retracement before gets back to its original path
Thats all from me GP XENIX
Stay safe everybody , love u all <3
XAUUSD (GOLD) 4H ChartMarkets eye US CPI data for further direction.
Factors to watch for gold price action-
Global stock market- Bullish (Negative for gold)
US dollar index –Bearish (positive for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $1825, violation below targets $1810/$1800/$1770/$1750. Significant reversal only below $1750.The yellow metal faces strong resistance of $1840, any violation above will take to the next level $1853/$1860/$1877/$1912 is possible.
It is good to sell on rallies for $1834-35 with SL around $1851 for TP of $1780.
DISCLAIMER: ((trade based on your own decision ))
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HCL Intraday Strategy (Clear Sell Signal) for 10/02/2022HCL Intraday Strategy (Clear Sell Signal)
Can we Sell HCL on 10/02/2022? :)
TCS is in a Important Breakout Point, Buy/Sell after BreakoutTCS Intraday Strategy for 10/02/2022
TCS is in a Important Breakout Point, Buy/Sell after Breakout
04.02.2022 GBPUSD London Daybreak trade idea04.02.2022 GBPUSD London Daybreak trade idea
Buy stop @ 1.35924
SL: 1.35624
TP1 : 1.36124 (20 pips)
TP2 : 1.36226 (30 pips)
Sell stop @ 1.35584
SL: 1.35884
TP1 : 1.35384 (20 pips)
TP2 : 1.35278 (30 pips)
Disclaimer: This is just a trade idea.
Trade at your own risk.
Intraday Sells Forecast on GBPNZD Strategy is simple, we have outlined the key levels and we are anticipating for a SELL on the positions marked only if a rejection pinbar forms on the key level signifying sells. Any other type of candle formation like a spinning top or Doji is not acceptable. This is because if a candle like that forms not signifying a clear rejection of that level then most likely the Intraday trade wont take place and the market will just range and be undecided on that day.
