OKAY THIS IS WAY TO EASY NOW! DON'T MISS IT! BUY GBPUSDDay trading, if you missed yesterday's trade then you should be disappointed in yourself and if you miss this one then i don't know for you!!! Just buy it and end the week with a smile! This is a combination of price action and my day trading strategy on GBPUSD
Market-analysis
IF YOU CAN’T SEE IT, PUT SOME GLASSES ON!!! BTCUSDI decided to use the same headline as I did when I made the same analysis as the one I did back in February 2020 when I predicted bitcoin going down to 5k before rising to 65k. Well, the market has just formed a similar type of structure and I could see the market repeating the same move again.
YOU CAN PUT YOUR HOUSE ON THIS!!! BUY GBPCHFI expect dinner or drinks at least! This is one of the very few structures that are as close to a guarantee as possible and the good thing is the market just showed you exactly how it's going to behave just before forming this structure! Look left, structure leaves clues!
BITCOIN IS COMING BACK FOR ONE MORE KISS BEFORE IT SAYS GOODBYE!Structure, structure, structure!!! Do you have any idea how much the market loves structure?? It's almost like it can never get enough of it and bitcoin looks to be turning back to structure again but this might be the last time it returns to previous structure because after that we can expect the market to resume it's uptrend and break the previous high.
$SPY Where do we go next?Hello traders,
I totally forgot about the congressional meeting with Powell and Yellen.. That and the debt ceiling talk completely spooked traders. VIX jumped up to 24 by 10pm EST.. nothing says uncertainty like that.
It's been a little tough to gauge the direction of the market the past few days, but I'd like to share a little insight.
Let's break it down:
- Triple witching pullback on the 20th with a move down to the 200ma on the 4hr.
- pivots up to about 444.85 over the next few days (23rd) from a 429 low
- decreasing volume from the 20th - 27th
- churning and double top formed.
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Today:
- Bearish Trend change. Big sell volume with the VIX spiking ... catalyst: congressional meeting and debt ceiling fears.
- Highest 5min volume candle was selling at the close after intraday dip-buying.
- On the 1hr and below Double bottom formed.
- Found support off the 4hr 200ma .
- Directionally flat on the 4hr, but upward ADX on the 1hr.
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With all that said, it looks like we're still in choppy waters, be careful out there, manage your risk. We could see a Bullish reversal with the double bottom, if the VIX wasn't so high the odds of this happening would be higher.
Drop me a like or a comment if you have some thoughts.
Cheers,
Mike
UK trading and its relationship with US tradingAlthough I primarily trade US securities, I've recently been educating myself on the importance of looking into different markets and seeing how their sentiment flows into the US trading time periods. I focus more on London trading right now as I have limited time and London trading overlaps into the US trading period.
* So, in summary, I've recently begun to understand how the combined liquidity of both the London and US traders results in very volatile opening periods in the US market.
So, from what I can observe, in the graphs, It's evident on the daily graphs that there are bearish signals all around; this can be identified in the candles that occurred early August 2021 until today (14th September 2021). There is a bearish confirmation in the peaks and in the troughs which would suggest that after a brief pump in the upwards direction there will be more bearish momentum in the coming trading days.
* My intuition on how this will play out is, the price action may jump up towards the 20 periods EMA or if it is fortunate enough, it will reach the red horizontal line which I will refer to as the choke point. From there, the bearish momentum will continue, until where is a little more uncertain but there is reason to believe that it may push down roughly towards my blue horizontal line; from there more information from the price action may be required to determine where it may go next.
IMO, I think that the current trend is weak and many are sitting on the sidelines awaiting fundamental information before re-entering big positions. This is understandable as we are in a post-pandemic environment. A correction or a decent pullback is expected, a massive crash requires a lot more indicators to determine.
I may be wrong in all of this but, that is my opinion and I'd be more than welcome to explore differing ideas.
As to how this is relevant to the US markets? I think that should pessimism take over the UK markets, it may reduce the liquidity and trading that occurs in the US markets; making bearish movements more likely as investors and traders shift their money elsewhere or sit and wait for a discount. As a result, this may amplify the bearish appearance that is evident in the US markets.
Thanks for reading and I hope you are all successful with your analysis and trades. :)
Trading Idea - #HENSOLDT (Make Love, Not War!)BUY
ENTRY: 14.32 EUR
TARGET: 16.46 EUR (15% profit)
STOP: 13.32 EUR
Hensoldt is a German manufacturer of search, detection, navigation, guidance, aeronautical and nautical systems and instruments.
1.) Hensoldt could get some impetus on the upward trend line.
2.) Hensoldt receives order for the German Armed Forces reconnaissance system Pegasus
3.) The board of directors with a positive assessment of the defense company.
4.) Thanks to the strong order situation, further business development is possible.
5.) Electronics are gaining in importance in the defense industry. HENSOLDT is well positioned to successfully serve the market.
TradingView Hotkeys That I Use The MostHi,
Just wanted to point out some TradingView hotkeys that I use the most:
* ALT + H = Horizontal line - a great way to quickly mark the round numbers on your chart or tight support/resistance areas.
* ALT + V = Vertical line
* ALT + T = Trendline
* ALT + I = Invert the chart - probably the most interesting hotkey. Do you have some trouble taking "SELL" ideas? You are more kinda "BUY-guy" or vice-versa. In TradingView you can turn your chart upside down and see does it look good if you would want to buy it. Sometimes, it is quite a big help.
* ALT + S = Take a screenshot of your chart
* ALT + F = Fibonacci
* ALT + W = Put the chart to the watchlist - seeing something interesting you can add it quickly to your watchlist.
* ALT + A = Set the alert
* SHIFT + CLICK = Measure tool
Regards,
Vaido
XRPUSDJust observing the Head & Shoulders formation that has completed in XRP which projects a rally to retest a new time high. If it can confirm a close above $0.02081, then there will be a lot of confidence that the lows are behind.
-Use risk management and be ready for all scenarios
-Don't forget likes and follow for more ideas and signals
-Best of wishes ✔🙏
SELL DMART AROUND 3350 TGT 3100/2850 SL ABOVE 3450It has made a doji on the top of the chart with declining volumes along with divergence shown on RSI. On the fundamentals part, Revenue, operating profit and net profit has seen a sharp decline along with eps . Also the Price to book value ratio is too high @17.81.
BNBUSDIf we look at the BNBUSDT chart today, you can see that buyers managed to close the bodies of two 6h candlesticks within the channel, and the lower shadows indicate liquidations.
This arrangement makes it possible to assume that the price BNBUSDT will bounce up to $480 in the near future, and then it will be necessary to closely monitor the behavior of the price and the general situation on the market.
Market Cycle of an Emotional Roller CoasterWhen things are great, we feel that nothing can stop us. And when things go bad, we look to take drastic action. Because emotions can be such a threat to an investor's financial health, it is important to be aware of them. This awareness can then protect you from the negative consequences of impulsive and irrational reactions to these emotions.
1: Optimism, thrill and euphoria
Investors all start with optimism. We commonly expect things to go our way, or we tend to expect a return for the risk of investing.
As expectations are met, it is common to get excited about the possibility of even greater returns and the excitement becomes thrilling as the returns exceed expectations.
At the top of the cycle is when investors experience euphoria. But it is here where investors are at the point of maximum financial risk. When we believe everything we touch turns to gold , we fool ourselves into believing we can beat the market, we cannot make mistakes, that excessive returns are commonplace and that we can tolerate higher levels of risk.
2: Complacency, denial, hope
The second phase of the cycle occurs when the market stops meeting our new lofty expectations and begins to turn. At first, we anxiously watch the market for any signs of direction. Anxiety turns to denial and then quickly to fear, as the value of the investments decline. Many people will then start to act defensively and may think about switching out of riskier assets to more defensive shares or other asset classes such as bonds.
3: Panic, capitulation, despondency
In the third phase of the cycle, the realities of a bear market come to the fore and an investor may become desperate. Many panic and withdraw from the market altogether – afraid of further losses. Those who persevere become despondent and wonder whether the markets are ever going to recover and whether they should be there at all.
Ironically, at these times, an investor will commonly fail to recognize they are actually at the point of maximum financial opportunity.
4: Skepticism, caution, worry
In the fourth stage of the cycle, investors may experience some skepticism when markets start to rise. They often have a sense of caution or worry, wondering if market growth will last.—and may be reluctant to invest money in the market at a point when prices are still relatively low and opportunities are attractive.
What are the consequences of this emotional roller-coaster?