Medium
XAUUSD Short Trade SetupHello Traders
It has reached my potential reversal price (1850) and gotten a reaction, which can be the reversal impulse. I'm in the trade already. A small correction under the yellow trendline can be a good trade setup. Of course, it can be making a correction for more upside. I can only hope that it will make a big enough correction. So we can hedge our trades.
Trade with care.
Bulent
Short setup for DAX30 Hello Traders !!! Hope you are doing good.
I've been actively trading for 8 years now and in all my experience I have never seen the market being so out of place so this is why my favorite action now a days is to wait for the best moment to get in the market. I recommend using lower exposures.
DAX as I see it is under a key area that has been resistance turned into support and now is resistance again. So i will monitor the price action inside this area and what i will do is to sell DAX from inside those levels with a target of 12250 but this is only if resistance holds in place. If it breaks above that, i will not buy. I will wait for the price to move higher and cover the gap at 13500 and from there open a sell with target back down to the area mentioned on the chart @ 13000.
Patience is the key in today's market.
Please share your ideas and your thoughts in the comments so we can grow together. Best of luck
AUD might suffer after Melbourne lock-downHello Trader !!! Hope you are doing well.
After yesterday's news on the lock-down of Melbourne for another 6 weeks due to COVID-19, I believe that we should see the AUD under some pressure in the next few weeks. It also helps us to see the price close to a resistance level. That gives me more confidence in the success of this trade. My target will be 0.6600 and depending on how things will progress I will extend the trade even down to 0.6400. Either way i will be happy at 0.6600.
This is my opinion and in no way or form this should be considered as Investment advice. Trade at your own risk.
Please share your toughs and ideas in the comment section so we can grow together. Best of luck
XLMUSDT - Medium term trading planDAILY:
-MACD had a bearish cross
-we saw a bearish divergence RSI/PRICE
-looking to buy the area between 0.38 and 0.5 fibs wich also converges with DMA200
-needs to be checked that the 200DMA turned to strong support (check reaction around that level)
-we have 100DMA crossing 200DMA up which is a golden cross and a bullish signal (retest of that area confirms the bullish setup)
-VOLUME is very low which is bearish
There is no upcoming event to support a run up.
Tools
MA's 10/20/50/100/200 (swing trade)
RSI , MACD , VOLUME , FIBONACCI,DIVERGENCE
STANDARD PIVOTS , CANDLES, TRENDLINES
ETHUSDT, short to 218.9 after big accumulation process.Hi everyone, lets look at ETHUSDT chart window. We have long accumulation process between 235 - 245 and now its over. X-Volume show big volume of newly open contracts above 240. So my opinion we must take big bearish trend in near future. Target for bears 218.9.
Levels thanks to X-Lines indicator (you can use it for free - link below). Follow me. Waiting your likes.
Better stay in sidelines with WTIOPEC cuts down production and economies worldwide are re-opening... although there is a bearish divergence on the RSI would not risk taking a position here. Also we see that when the market falls the try to rise oil prices so that petroleum companies do not crash and act as a buffer to the market downturn
XAUUSD, short to 1666. Bulls closed.Hi, friends. Today gold and we see next picture on hour time frame.Big volume of bears that don't closed. And falling open interest of bulls. And that not end after this bulls closing their positions! So i wait strong short to 1666.
Volume analysis thanks to X-Volume indicator. Link below. Levels thanks to X-Lines indicator. If you want to try X-Volume trial write private.
AUDUSD, short to 0.6440 and lower.Hi, friends. Like we see on X-volume there is no new contracts volume from 0.6440. And we have last day only distribution process on the market. So my opinion its strong short to 0.6440. Maybe we will found there some volume. Levels thanks to X-lines indicator. If you want to try X-Volume trial write private. Link to X-Volume below.
Waiting your likes!
USDJPY, long to 106.765. Market close all involved bears.Hi, friends! Found interesting to you situation with USDJPY. Like we see X-Volume show closing bears and re-buy positions from 106.49. And nothing open betwen 106.7 - 106.5. So i think we will go up to first TP level: 106.765. Levels thanks to X-Lines indicator!
If you want 3 weeks of X-Volume trial write in private. Link below.
Waiting your King Likes;)
XTZUSDT, short to 2.69, 2.63. Fake growth.Hi, friends. Lets look on XTZ. We see fake growth. Big volume undistributed sells. So we go down to 2.69, 2.638. Keep your wallet guys! Levels thanks to X-Lines indicator. If you want try X-Volume free trial write in private. Link to X-Volume below.
Waiting your likes!
ETHUSDT, short to 186.32 after big closed volume.Hi, friends. Today i want to present new version 2.0 of x-volume script in this idea.
So X-Volume show that we have big open interest to sell and big volume of closed positions after downward trend. Simple and easy. First target for sells is 186.32 (levels by X-Lines script). If you want to try this indicator write in private. Link to x-volume below.
With x-volume you can analyze all market processes in real-time. If you programmer you can build powerful trading system using it data.
EURUSD, long to 1.0900 and upper.Hi friends, today I will write my vision for Euro / dollar. Over the past week euro has spent time by closing sells and opening a new positions that have not yet been realized. For this reason, I expect solid growth to 1.09 and higher. Indication of open interest, opening new positions, closing contracts showing by an improved version of X-Volume indicator. Waiting for likes;). Levels thanks to X-Lines indicator.
👉🏻 Medium-term trading 👈🏻 👋🏻Hello, friends! 👋🏻 How are you ?!👁🗨
🐣🐥Orthodox celebrate Easter today! 🐰🐭 I'm among them ❤
🎊 I congratulate everyone on this bright holiday! 🎉🎉 I wish you health, peace, wisdom and comfort in every home!!! 🌟✨
Let us be honest and kind to each other! 💛💙❤
I'm here not so long time, but I have already made many friends! 😚💋
😍😘Thank you very much for your support, I'll continue try for you!🙏🏻
I really like to do educational posts 👩🏻🎓 A little more and we'll finish a series of trading methods. 📝
🔉 Today I want to share with you my thoughts on medium-term trading!📊
👉🏻Medium-term trading is a type of trading, used by people who are mostly undecided about the further tactics of working in the financial market as well.
🌟If you periodically have free time, that you would like to use in trading on the markets, then it is better to give preference to medium-term trading.
🌟You will gain more experience in market analysis and transactions than with long-term investments.
🌟 In this matter, experience, is an integral part on the path to improvement.
Under medium-term trading, we consider trading in the period from a few days to several weeks.
👍🏻 Advantages of medium-term trading:
👌🏻 Keep emotions associated with a trading. It always keeps your point of view clear and helps to look at the growth prospects of the company and the viability of its business model from different points of view.
👌🏻 No need for high-tech terminals. The classic literature describes an example of a successful medium-term trader. He bought stocks over the phone, using data from a newspaper, that came with a delay of several days.
👌🏻 Commissions don't have a decisive influence on the outcome
👌🏻 You can have a lot of free time.
👌🏻 You have more opportunities to choose markets. While long-term investors prefer stable companies from the top 100, medium-term investors may have little-known, but promising stocks in their portfolio.
👎🏻 Disadvantages of medium-term trading:
🤜🏻 Knowledge and skills are needed to conduct fundamental analysis;
🤜🏻 You need to evaluate a large number of stocks, sectors, and industries in order to choose the best ones to buy.
🤜🏻 Holding a position for several months is not suitable for traders who are used to acting actively.
🙏🏻Guys, thanks for reading me!🙏🏻
📝Today I have plans for another post about long-term trading, which would close the topic of trading methods!😚
💙And with a clear touch, start a new topic with you!💛
💪🏻Subscribe :) I'm waiting for your likes in support🥰
🎯Stay with me!
👁🗨👁🗨Always glad to see you!
Your Rocket Bomb🚀💣
PS : 👇🏻👇🏻👇🏻Below I suggest recalling the previous methods 👇🏻👇🏻👇🏻