Get started

Limitorder

sticky CPI data play, long XAUUSDExpecting CPI data release to remain sticky or print higher than 8.8% YoY The tricky yet fun part about trading XAUUSD is the tug-of-war analysis between dollar vs commodity gold where traders stress out weighing between USD vs XAU and which is playing the determinant factor at point of time. As everyone knows gold is seen as a safe haven and macro-economic theory explains that in an inflationary environment, Gold is the best commodity to counter inflation;(in-fact commodity will appreciate is a better proper term to use here). "abit complicated to explain but summary here is that current high CPI are due to past easing policies + russia/ukraine war + global supply chain disruption, resulting to high food and commodity inflation " However XAU was seen depreciating against USD since March, which can be explained by the strong Dollar Index (DXY) due to aggressive monetary policy that Fed Powell had emphasized on multiple occasion to increase interest rate at all cost. Trade Rationale: 1y, 2y vs 10y yield curve inversion seen as recessionary event taking place. 1y, 2y, 10y yield due to rebound higher, indicating higher interest rate hike SPX, NDX, DJI due to retrace from current level VIX look to bottom and rebound from current level With* tonight's higher CPI print, Fed is likely to downplay the data and instill market confidence, hence long limit order for XAUUSD. Dollar effect will take play pushing XAUUSD to last year August low before easing off and inflation/risk free sentiment taking play to push XAU for rebound play. Low risk trade
OANDA:XAUUSDLong
by ChuaChangYi
MATE - New kid on the blockSimple chart on this new promising project called MATE Why I'm posting this? Bottom looks to be in. Nice volume candle on the daily. Recently added roadmap and as I know by now, MATE devs always deliver. This is a mid to long term hold and could be very profitable, it's a must-have at this price for every portfolio. SOME FACTS What is MATE? Mate is a DEX, you can compare it to Uniswap and Pancakeswap but with one very big advantage - YOU CAN SET LIMIT ORDERS! Also has a high (but sustainable) yield on farming and staking has been released. Total decentralization by governance release is coming to. How is MATE distributed? MATE is a fair launch token that can be earned by adding liquidity and adding it to the MATE farm. (APR at the moment is 373%) Some tokenomics (to date 13-11-2021) Max supply: 100.000.000 Current circulating supply: 5.983.297 Marketcap atm: $ 925.085 Roadmap to end 2021 GOVERNANCE Contribute your ideas using xMATE governance token WEBSITE V2 Showcasing the features, use cases and upcoming developments DEX AGGREGATION More powerful limit order filled at best price across AMMs MULTICHAIN Partnership with a new L1 Enjoy the moment to get in before the marketing starts.
M
by Dmoootje
2
EURUSD - LONG (BUY LIMIT) ENTRY PRICE - 1.19900 The impulse to the North has been completed @ 1.22400. A return impulse to the South has formed. Price is going down to the next Demand Zone to complete the Cypher Pattern. Be ready to buy on a pullback @ 1.19900! ENTRY PRICE - 1.19900 SL - 1.19450 TP1 - 1.20850 TP2 - 1.21400 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better. 3. Never over-leverage your account. 4. Accept your losses, move on to the next trade and trust the software. 5. Make realistic goals that can be achieved within reason. 6. Always trade with money you can afford to lose. Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments. Have a nice day!
Long
by Profit_Trader
2
Prices don't go up because of more buyers Prices go up because there is an aggressive increase in buy market orders and prices go down because there is an increase in sell market-orders. Prices don't go up due to more sellers, an imbalance in the market can't exist. Summary: Buy Market Orders buy from sell limit orders. By doing that they buy the cheapest price someone else is willing to sell them for. Sell Market Orders sell to buy limit orders. By doing that they sell to the highest price someone else is willing to buy them for. Sell Limit Orders mean that the market participant seeks to sell his shares at a set price above the current price. It could happen that his order never gets filled. Buy Limit Orders mean that the market participant seeks to buy his shares at a set price below the current price. It could happen that his order never gets filled. Note: If the price of stock x is at 1€ and you seek to buy it at 1.20€ (for whatever reason) with a buy limit order, most exchanges will execute a buy market order for you. Conclusion: The Stock Market, in particular, is a market of market participants each buying and selling at different and in most cases with the same intention in mind - which is to make a profit. I would like to add that I summarized the fundamental structure of an exchange and didn't go into detail.
Education
by UnknownUnicorn5507594
1