Playing intraday high and low breakoutsThis seems like a decent strategy that may give you a quick/small stop out, or a long ride. Potential to add to trades as each level is breached. Indicators used are: new intraday high/low (green and red dotted lines) and midpoint (white solid line). The idea is to place an order in the same direction as the breakout (high or low), with a few points as a target, and a break even, or small loss, stop. It appears to present many times through out the day, allowing for many opportunities.
LOW
SHITPERP, Low cap altcoin perpetual futures, down the toiletInterestingly named perpetual future contract incubated by the bitmex related Alemeda research, tracks 50 low cap altcoins (aka shitcoins).
In a descending channel near channel resistance with bearish divergences and falling volume. Down it goes, don't mind the gas.
NZD/USD Low Risk high reward Trade Idea By Hydra inc NEW UpdateNZDUSD 4H: risk/reward favors BEARS(NEW)
🔸 Summary and potential trade setup
::: NZDUSD 4hour chart review
::: closing on range highs now
::: 6150 TOP of trading range
::: reversal possible 24-48 hours
::: Short sell from HIGHS
::: using tight SL 0.6268
::: strategy: short from 6150
::: TP (0.5940)
THE WEEK AHEAD: PDD, BIDU, TGT, NVDA, LOW EARNINGSEARNINGS:
PDD (72/92): Friday, before market open.
BIDU (81/61): Monday, before market open.
TGT (55/49): Wednesday, after market close.
NVDA (51/62): Thursday, before market open.
LOW (51/63): Wednesday, after market close.
Both PDD and BIDU are ADR's, so look to put on plays post-announcement to catch earnings afterglow, if at all. The dates of their announcements tend to be "soft," meaning they're subject to change, and there's nothing more disconcerting than putting on a volatility contraction play, only to have earnings not occur when they're initially supposed to.
Pictured here is an NVDA short strangle in the June cycle with break evens wide of one standard deviation. Off hours, it's pricing out at 10.35, but markets are wide. Because it's rather large, consider going iron condor, looking to collect at least one third the width of the wings in credit (e.g., the June 19th 275/280/405/410, paying 1.73 at the mid price).
SECTOR EXCHANGE-TRADED FUNDS, ORDERED BY RANK AND SCREENED FOR >30-DAY IMPLIED:
SLV (57/41)
EWW (56/46)
GDXJ (51/61)
SMH (49/49)
GDX (44/51)
XLE (44/52)
EWZ (44/60)
EEM (44/60)
XLU (42/31)
XOP (34/67)
USO (13/78)
BROAD MARKET, ORDERED BY RANK:
IWM (60/47)
TQQQ (53/99)
EEM (43/34)
QQQ (36/32)
SPY (33/31)
IRA DIVIDEND-PAYERS ORDERED BY RANK:
IYR (61/44)
EWA (49/42)
EWZ (44/60)
EEM (43/34)
XLU (42/31)
EFA (38/28)
HYG (34/19)
SPY (33/31)
EMB (27/22)
TLT (24/20)
With acquisitional plays for a retirement account, it's not necessarily "all about the premium"; it's partly about price, so it will pay to look at a few charts to determine which of these are trading at a discount relative to where they've been. That being said, having a higher background implied is of benefit, since it will result in a lower break even relative to strike price than were implied not as high and getting in lower is always better in the retirement account. For instance, I'm not in "acquisition mode" for TLT, not only because of its low implied, but because it's at or near all-time highs, moves inversely to yield, and doesn't necessarily have all that much room to move higher given the current interest rate environment. Conversely, EMB and HYG implied aren't all that great (treasury and/or bond funds are not known for having high volatility, generally), but both got absolutely crushed in the mid-March closely correlated sell-off, so I could see selling out-of-the-money puts in those instruments, assuming they were at levels I'd be comfortable with acquiring. (See HYG, EMB Posts Below).
Granted, these are large ticket items and not everyone is going to be able to go out there and sell a three-rung, SPY 16 delta short put ladder; the price tag is hefty. However, implied metrics can be informational for even those with smaller accounts. At the very least, these metrics are saying: "Look at me. I'm moving", and -- in the vast majority of cases -- they say, I've moved lower and that this may be the time to pick up some shares, even if they're fractional. Over time, fractional shares aggregate into one lots that you can proceed to cover and reduce cost basis more efficiently, as well as generate cash flow on top of dividends.
GBPAUD ForecastD1 - We have strong bearish momentum, the price has broken below the uptrend line and is holding below it.
Expecting new low to be created.
H4 - There are two possible scenarios here:
1. The price might continue lower directly from the current zone.
2. Or alternatively, the price might continue lower after small retraces.
This or the other way around my view remains bearish here.
EUR/NZD Sell Idea (Institutional Trading)I am planning to sell due to we are in a major low trend, following the 2 base patterns of price action ineficiency and an overbought RSI with sold out candles at the end confirming me we are going to sell. If anyone is trying to make profits with this, and goes to SL, do not blame me because this is for educational purposes.
ETH/USD is in a range and is stuck to the VWAPETH/USD is currently low with very low volumes.
ETH/USD is in a range right now. It's not the time to enter in the market yet.
there is no impulse and no strong signal which would allow you to enter in the market as a winner.
Better wait the beginnig of a trend.
BTCUSDT Following the trend with Super Trend , Macd and a personal Indicator, all these are are aiming to 5800 on the long run, of course We will have good entry points (shorts), but the market is def bearish, the most considerable moment to buy short is the lower green buy zone, that can easy produce some % profit, so what to think about current situation, to me is just a bull trap. on the picture you can see the movement of the market on 30m periods, be careful with that upward movement.
The last low before Bitcoin makes its 2.5/3 year target of $250kLast capitulation point before we correct and move to the upside. I have Pitchforks and Fib Circles on the chart. Understand that this is all speculative and not for certain but from what I am learning as I move forward with this market this is my opinion and future target. Tim Draper continues to be positive on this $250k target.
Gold Short Term ForecastH4 - Expecting ABCD correction after the Bullish Trend Pattern. We are now looking to trade the correction.
H1 - Bearish trend pattern, bearish hidden divergence, expecting new low to be created.
Invalidation - If the price moves higher, breaks and holds above the 61.8% fibonacci retracement level of the bearish trend pattern in one straight leg then this short term bearish view will be invalidated.
AUDUSD Short Term ForecastH4 - Bullish trend pattern, bearish divergence, we may now expect short term retraces.
H1 - Price is holding below an important resistance zone, false breaks with bearish divergence, uptrend line breakout.
M15 - Potential bearish trend pattern, if the price moves lower and breaks below the low at 0.60735, we may then expect potential continuation lower.