GOLD FORECASTThe current analysis suggests a bullish trend for OANDA:XAUUSD . A retest of the pivot line at 2294 is expected. If the price holds above this level, it is projected to rise first to 2306. Stabilizing above 2306 could lead to further upward movement towards the 2322 and 2333 zones. However, if the price fails to hold above 2294, it may decline to 2281 and potentially further down to 2268.
Key Levels:
Bullish Lines: 2306, 2322, 2332, 2351
Pivot Line: 2294
Bearish Lines: 2281, 2268, 2253
Longtrend
Scalping XAU! sideway accumulates Gold price today⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is facing difficulty in taking advantage of the small gains made yesterday and is fluctuating within a tight trading range, remaining below the significant psychological level of $2,000 during the first half of the European session. Currently, investors are hesitant to make bold bets on the market's direction and are instead waiting for further clarification on the Federal Reserve's plans regarding interest rate hikes.
⭐️ Personal comments NOVA:
Sideway accumulation zone, suitable for scalping. The price trend is still following the rhythm of downward adjustment and BUY recovery
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $1988 - $1990 SL $1985 Scalping
TP1: $1993
TP2: $1996
TP3: $2000
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
RUNEUSDT LONGNot a financial advisor.
Trend change confirms for the last bearish trend on 4 hours chart, We are waiting for a simple/little retreat before the momentum comes in.
The first entry for the first green box (earlier entry).
The second entry is for the second box and if you are the kind that likes to hold your breath underwater, then the green line entry (late entry) is for you.
Target is 3 dollars.
Expected results: Min of1:22
We will be looking out for any red flags after entry cause this was not called on multiple/necessary confluences, it is more like chasing trade, you know.
Minimize your loss and follow proper risk management, this is not financial advice.
it's time to going up for GMTUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
*************************************************
if you want to enter in this position:
Enter Price: 0.4123(here we are)
Target1: 0.4413
Target2: 0.4779
Target3(Final Target): 0.5309
Stoploss: 0.3438
*************************************************
Guy's if this idea was useful and it was intresting for you please follow for more
don't forget do comment and like my idea
doing and living in the best quality
thanks of all of you dear's ;)
it's time to falling for USDCADbefore buying, please check for being sure about your opinion about this Pair's!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position*
*************************************************
if you want to enter in this position:
Enter Price: 1.35959
Target1: 1.35743
Target2: 1.35536
Target3(Final Target): 1.35305
Stoploss: 1.36557
*************************************************
Guy's if this idea was useful and it was intresting for you please follow for more
don't forget do comment and like my idea
doing and living in the best quality
thanks of all of you dear's ;)
it's time to falling for DOGEUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
*************************************************
if you want to enter in this position:
Enter Price: 0.08012
Target1: 0.07873
Target2: 0.07774
Target3(Final Target): 0.07624
Stoploss: 0.08224
*************************************************
Guy's if this idea was useful and it was intresting for you please follow for more
don't forget do comment and like my idea
doing and living in the best quality
thanks of all of you dear's ;)
it's time to going up for GBPUSDbefore buying, please check for being sure about your opinion about this Pair!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position *
*************************************************
if you want to enter in this position:
Enter Price: 1.19805
(everywhere near this price not far)
Target1: 1.20099
Target2: 1.20353
Target3(Final Target): 1.20724
Stoploss: 1.19421
*************************************************
Guy's if this idea was useful and it was intresting for you please follow for more
don't forget do comment and like my idea
doing and living in the best quality
thanks of all of you dear's ;)
HCLTECH near to strong support for reversal. Best Zone for Buy.- HCLTECH near to the strong support for reversal. Best Zone for Buy & hold.
- Joint Venture with Hitachi-ABB could be the reason for push upside in upcoming days from support level.
- Watch our next Target support level and resistance level fro entry and exit according to your target price.
- HCLTECH still continues to see large delivery positions.
- Delivery Position (05-MAY-2021 EOD ) : 46.08%
To motivate me, Please like the idea and follow If you agree with the analysis.
Happy & Safe Trading!
Vijay Singh
BCHUSD 1H BEST MOMENTUM TRADING STRATEGYThe Best Momentum Trading Strategy using the Best Forex Momentum Indicator
Our team at Trading Strategy Guides believes that smart trading is the way to build the best momentum trading strategy. In this regard, we don’t want to predict when the momentum will happen, but we let the market tips his hands and then react.
One principle of the momentum indicator strategy is, “buy high to go higher” and “sell low to go lower.” In other words, we trade in the direction of the trend while having the momentum on our side. Also read the hidden secrets of moving average.
Moving forward, we present the buy side rules of the best momentum trading strategy.
Step #1: Define the Trend. An Uptrend is defined by a Series of HH Followed by a Series of HL.
The definition of an uptrend is pretty much standard. In an uptrend, we look for a series of higher highs followed by a series of higher lows. Two HH followed by at least another two HL is enough to define an uptrend.
A higher high is simply a swing high point that is higher than the previous swing high. While a higher low is simply a swing low that is higher than the previous swing low.
All momentum traders know that the trend is our friend. But without momentum behind the trend, we might actually not have any trend.
For active traders, we also look at the actual price action in order to gauge momentum. Besides reading the best forex momentum indicator.
Step #2: In an Uptrend Look for Bold Candlesticks that Close Near the Higher End of the Candlestick .
A technical analysis concept is that you want to use multiple confirmation signs when buying and selling. This will increase the likelihood that’s a high probability trading setup.
In this regard, the momentum trading strategy besides using the best Forex momentum indicator, also incorporates the price action.
A practical way to read momentum from a price chart is to simply look at the candlestick length. What we want to see in an uptrend is big, bold bullish candlesticks that close near the higher end of the candlestick.
In the figure above, we have an ideal representation of what we’re looking for. The upside price movement is preceded by big bullish candlesticks. This confirms the momentum behind the trend.
Now, it’s time to focus on the Williams %R. This is the best forex momentum indicator. Which brings us to the next step of our momentum indicator strategy.
Step #3: Wait for the best Forex Momentum Indicator to get oversold (below -80). Then rallies above the -50 level before Buying .
We’re going to use Williams %R, the best forex momentum indicator in a smart way. In an uptrend, we buy after the best forex momentum indicator has reached oversold conditions (below -80). And then rallied back above the -50 level.
Now, we have confirmation from both the price and the best forex momentum indicator. The real momentum is behind this trend and the probabilities are in favor of more upside prices from here on.
Note* If the best forex momentum indicator continually stays in overbought territory (above -20 level), it signals a strong momentum and conversely a strong trend. Inversely the same is true in a downtrend.
The next important thing we need to establish is where to place our protective stop loss.
Step #4: Place Your Protective Stop Loss below the Recent Higher Low.
We want to hide our protective stop loss. It is below the most recent higher low level that formed right before the best momentum trading strategy issue the buy signal.
Alternatively, you can also trail your stop loss below each most recent higher low. This strategy will allow you to lock-in the potential profits in case of a sudden market reversal.
Last but not least the momentum indicator strategy also needs a place where we need to take profits, which brings us to the last step of the best momentum trading strategy.
Step #5: Take Profit once we break below the Previous Higher Low
A trend in motion can stay in that state longer than anyone can anticipate. And since we want to maximize our potential profits we let the market tips it hands before liquidating our trades. In this regard, we look for a break in the trend structure. Respectively a break below the most recent higher low.
Alternatively, you can take profit once the best forex momentum indicator breaks below the -50 level.
Note** The above was an example of a BUY trade using the Best Momentum Trading Strategy. Use the same rules for a SELL trade.
Summary
The best momentum trading strategy leverages the tendency of a market’s price to continue moving in a single direction. This is where the momentum might be upwards or downwards. In essence, market timing is crucial for a momentum indicator strategy. And in this regard, we incorporated the best Forex momentum indicator (Williams %R) in our momentum strategy. Here are some of the trading conditions you want to avoid in the forex market.
Timing the market can be a daunting task. But our team at Trading Strategy Guides believes that using a pure price action can get you a long way.
GBPUSD: LONG TRADE IDEA (QUICK 80 PIPS REWARD) GBPUSD is looking bullish as buyers are strongly holding the demand zone level 1.28750, Hopefully bullish sentiment continues with this momentum and drive price upwards towards 1.29750(TP level).
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !