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M-oscillator

GBPJPY bearish for 150 pipsIn a bearish trade setup on GBP/JPY with a 150-pip profit target and a 50-pip stop loss, you’re aiming for a reward-to-risk ratio of 3:1. This means that for every 50 pips you risk, you’re potentially gaining 150 pips, which is a favorable setup. Here’s a detailed breakdown of this trade idea: 1. Setting the Profit Target (150 Pips) A 150-pip profit target is quite common in GBP/JPY due to its volatility. This target should be set near a significant support level or other technical factors such as: A previous major swing low. A Fibonacci extension level (like the 127.2% or 161.8%). A psychological level or round number (e.g., 180.00, 179.50). GBP/JPY often moves in wide ranges, so a 150-pip move in a single trading day or session is realistic, especially if the market is trending strongly. 2. Defining the Stop Loss (50 Pips) A 50-pip stop loss should ideally be placed above a significant resistance level: A recent swing high. Above a key moving average (such as the 50 or 100 MA on the 1H or 4H chart). Above a Fibonacci retracement level (such as the 38.2% or 50% retracement of the latest downtrend). You want to make sure the stop isn’t too tight, giving the trade some room to breathe, but also protecting you in case of a reversal.
Short
by LORDOFTHETRADERS
AUDUSD - Buy StopThe dollar index is bullish and the australian dollar index is bearish which suggests that there should be bullish momemtum of AUDUSD pair. The bullish divergence is also formed and the current price action is at 78% FIB retracement which further strengthens our idea. We'll go with two trades, first with TP1 and other we'll trail. It is also likely that trade may not trigger and price forms another lower high which will also be a good sign to buy because of the strong support.
Long
by Alee_Kolachi
USD/CAD generates sell signal after massive winning streak The USD/CAD epic winning streak is over, delivering an obvious topping signal on Tuesday. There’s a couple of options available to traders: the first would be to sell now with a stop either above 1.3792 or Monday’s high of 1.3806. Possible targets include 1.3700 or 1.3647, depending on the risk-reward ratio you’re looking for. The other would be to wait for a potential push towards 1.3792, allowing for a stop to be placed above Monday’s high or 1.3839 for protection. Targets would be identical to option one. Momentum indicators have yet to confirm the price signal, but may encourage more traders to join the move if they too are triggered. With no major data set for release in the US or Canada or Wednesday, traders may begin looking towards the US jobless claims, retail sales and industrial production reports on Thursday. As I’ve discussed in the note attached, it would not surprise to see another ugly jobless claims report given disruptions caused by Hurricane Helene and Milton on the US Gulf states, creating downside risks for US bond yields and dollar. Good luck! DS
Short
by FOREXcom
$SPY October 16, 2024AMEX:SPY October 16, 2024 AMEX:SPY retraced to 578.5 levels. Moving averages gaps are reduced. Downtrend as it is below all moving averages except 200 averages. For the rise 566.63 to 585.27 38.2 retracement done. For the last rise from 574.49 to 585.27 61.8% I done. Hence it is crucial for 4SPY to hold 576-577 levels today being 200 averages in 15 minutes and fib numbers. So, for the day for the fall 587.27 to 578.54 i will short at 583 levels for targets up to 576-577 levels. SL 584 with bar close near top of bar. The number 576-577 also happens to be 9-day average in daily. so i expect some more retracement.
AMEX:SPYShort
by RiderTrader
Traders could veer towards the yen with risk events loomingIt is no coincidence that VIX futures have been creeping higher in recent weeks despite Wall Street hitting record highs, as traders are presumably hedging downside risk as we approach the US election. And that means it may not take much to spook traders out of bullish bets with markets at frothy levels, and that could see the yen strengthen as a safety play. Matt Simpson takes a technical look at yen pairs of interest.
Editors' picks
Short
by CityIndex
5
BTC Bounce from $58,000: Heading Towards ?I've been closely tracking Bitcoin's price action, and my latest analysis suggests that we may be witnessing a significant bounce from the $58,000 level, a strong support zone. After a recent dip, BTC is currently trading at $65,655, and based on key technical indicators, I expect it to rally toward $74,000 with a couple weeks. however It's only a matter of price breaking above the 67000k resistance level as shown on chart. So this is a key level to watch Key factors driving this prediction: Support at $58,000: This level has historically acted as a strong floor for Bitcoin, with previous bounces leading to upward moves to retest 63k +- 1000points resistance range. Volume and Momentum: Increasing trading volume and momentum indicators are pointing to a potential upward continuation. Moving Averages: BTC is currently holding above key moving averages, reinforcing the possibility of bullish momentum. Market Sentiment: With recent developments in the fundamental space, sentiment is leaning bullish, adding further conviction to the potential for this move. If this analysis plays out, we could see BTC pushing through resistance levels and reaching $74,000 in a couple weeks time frame ideally. Keep an eye on these key levels as the price action unfolds. MCG
by MiDAS_CryptoGroup
ETH - The Bullish & Bearish CaseToday we take a look at ETH and lay out a variety of trade ideas. MONTHLY: From the Monthly perspective, ETH remains very Bullish. Essentially, going long ETH anywhere at or below the low of the Monthly MAC is a legitimate spot to buy. The target based on the Monthly chart is around 3,400 (approximately 30% above current price level). From an investment perspective, this is a great area to go long ETH. WEEKLY: From the Weekly perspective, ETH remains Bearish, as we have not had a confirmed bullish trend change. Right now, ETH is trading at the Weekly MAC high, which is a legitimate place to look for new short entries, or to take profits from any longs taken at recent weekly lows. There is currently H6 bearish divergence setup, but not triggered. If it triggers, I will be shorting ETH to a target of the Weekly MAC low (2,337). DAILY: From the Daily perspective, ETH remains Bearish. However, we are getting a potential bullish trend change (but not triggered/confirmed). There is H1 bearish divergence setting up right now, and if it triggers, the short trade target would be the Daily MAC low at 2,421. As you can see, if you are an investor, the current price levels are reasonable areas to load up to the long side. However, the Weekly and Daily are still bearish until bullish confirmation. Daily is in the process of confirming bullish, but not yet. Day trades and shorter term swing trades to the short side are still valid. Have a great week.
by Tradius_Trades
BTC Bounce from $58,000: Heading Towards ?I've been closely tracking Bitcoin's price action, and my latest analysis suggests that we may be witnessing a significant bounce from the $58,000 level, a strong support zone. After a recent dip, BTC is currently trading at $65,655, and based on key technical indicators, I expect it to rally toward $74,000 with a couple weeks. however It's only a matter of price breaking above the 67000k resistance level as shown on chart. So this is a key level to watch Key factors driving this prediction: Support at $58,000: This level has historically acted as a strong floor for Bitcoin, with previous bounces leading to upward moves to retest 63k +- 1000points resistance range. Volume and Momentum: Increasing trading volume and momentum indicators are pointing to a potential upward continuation. Moving Averages: BTC is currently holding above key moving averages, reinforcing the possibility of bullish momentum. Market Sentiment: With recent developments in the fundamental space, sentiment is leaning bullish, adding further conviction to the potential for this move. If this analysis plays out, we could see BTC pushing through resistance levels and reaching $74,000 in a couple weeks time frame ideally. Keep an eye on these key levels as the price action unfolds. MCG
by MiDAS_CryptoGroup
Prepping for a EUR/USD squeeze given bearish sentimentEveryone wants to dunk on the euro and buy dollars right now, explaining why EUR/USD continues to grind lower. With signs of US economic exceptionalism evident again, the number of Fed rate cuts expected this cycle continues to dwindle just as the amount of easing from the ECB ramps up. USD looks great, EUR does not. But that’s now priced in, meaning we may need to see a continuation of those trends to see this downside flush extend. Because if they don’t, EUR/USD could be due a squeeze. With the main risks events this week arriving on Thursday with the ECB interest rate decision, which is nearly fully priced for a 25 basis point cut, and jobless claims and retail sales figures in the US, there must surely be a temptation among traders who are short to reduce or close their bearish positions, suggesting we may see some form of reversal. On the charts, EUR/USD finds itself back in familiar territory, testing and bouncing from a long-running downtrend dating back to July 2023. Given the initial interaction with the level, which has been respected all bar one false break in August, it provides a potential level for a long setup looking for some short-covering and/or squeeze. Those considering longs could buy ahead of the downtrend with a stop below either Monday’s low around 1.0890 or the 200-day moving average located at 1.08743. Potential trade targets include 1.0955 or 1.1000. Momentum indicators such as RSI (14) and MACD continue to generate bearish signals, meaning for the trade to succeed, it will need to go against the prevailing trend. That underlines why risk management should be front and centre of those considering the setup. Good luck! DS
Long
by FOREXcom
USD/CAD trade setups as Canada's inflation report loomsUSD/CAD sits just below a known level heading into Tuesday’s Canadian inflation report, providing a potential setup for bulls or bears depending on the price action evolves. 1.3792 is the level in question, acting as both support and resistance on multiple occasions earlier this year. Sitting less than 10 pips away, how the price interacts with the level before or after the inflation data should inform you on what setup to choose. With RSI (14) and MACD providing bullish signals on momentum, the path of least resistance appears higher near-term. If we were to see the price break and hold above 1.3792, longs could be initiated with a stop below for protection. Possible targets include 1.3947 or 1.39777, two levels coinciding with former market peaks. Alternatively, if the price were to be rejected at the level, you could sell with a stop above for protection. Potential targets include 1.3708, 1.3647 or 200-day moving average. With nine consecutive bullish daily candles, equalling the run seen in July, it’s safe to assume near-term positioning in stretched in favour of USD longs, suggesting an upside surprise in the inflation report may deliver the greatest market impact. Another bullish candle on Tuesday would make this the longest winning streak since 2017. Good luck! DS
by FOREXcom
$SPY October 13, 2024AMEX:SPY October 13, 2024 15 Minutes. As projected AMEX:SPY made a high 579-580 levels. Now the next target is 587 levels. But we have oscillator divergence now. And in daily AMEX:SPY far way by nearly 8 to 10 with respect to 9- and 21-day averages. So, for the rise 566.63 to 580.33 AMEX:SPY need to hold 576-577 levels for uptrend to continue. For the rise 574.49 to 580.33 we need retracement up to 576 levels which is also 100 averages in 15 minutes. So, I will buy only on a pull back to 576 levels. As of now sell is only below 571 levels.
AMEX:SPY
by RiderTrader
The #1 Reason Why Real Estate Is The Lowest Hanging FruitAm drinking my cup of tea before recording this video as I click on the Tradingview platform I notice in the breaking news tabs -- "Real Estate low hanging Fruit" [ NYSE:HD AMEX:IYR ] -- Now if you look into this video you will see the stochastic indicator and inside this video I show you why this indicator confirms the latest breaking news as real estate being the lowest hanging fruit For you to buy Watch this video to learn more Remember to rocket boost this content to learn more -- Remember on the 19 of October am going to show you "The Top 13 Iron Watchlist" Which I will be using for 2025 to see major market cycles. Save that date -- Disclaimer: Trading is risky you will lose money whether you like it or not please learn risk management and profit-taking strategies.
AMEX:IYRLong
by lubosi
How to Use Trading Zones in CryptoHello, Skyrexians! Last two articles were the deep dive into the Awesome Oscillator and Acceleration Deceleration indicators by Bill Williams. In conjunction with the fractals and the alligator these indicators are the powerful concept in cryptocurrency trading. It can significantly boost your cryptocurrency trading strategy, crypto trading algorithm or you can implement it into trading bot. Today we will expand this concept with the trading zones - the periods on the market with the bullish or bearish superiority. Trading zones is not the popular concept in comparison to Awesome Oscillator, that's why using it can give you a huge advantage in crypto trading because even top crypto traders don't use it in their trading routine. Let's go through its concept. Before start observing the trading zones concept we have to understand what are the Awesome Oscillator and Acceleration/Deceleration. Awesome oscillator is the approximation of the market's driving force. Usually it starts moving before the price if this is an impulsive wave. During corrections it can flash the false signals. Before the driving force starts moving the acceleration changes its direction. That's why combination of these indicators is so important. What is the trading zone? As you know from AO and AC descriptions they can have 2 conditions: increasing (greed bars) and decreasing (red bars). According to this we can define 3 marker conditions: Green zone. Both AO and AC have the increasing columns. This is the strong bullish phase. Only long trades are allowed. Red zone. Both AO and AC have the decreasing columns. This is the strong bearish phase. Only short trades are allowed. Gray zone. AO and AC have the different directions. No signals can be generated by this trading zone
Education
by Skyrexio