GBPJPY - BUYHello traders! I'm watching GBPJPY and getting ready to buy from any of these three zones, waiting for some nice reaction and confirmation to enter, I'll be buying! As soon as the signal appears, I set the SL below the zone where the price will stop and I will expect a minimum profit of 1:1. My goal is to get to the green zone where I will again look for opportunities to sell.
I personally prefer setting up multiple TPs , here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume 25%
In this way, I ensure that my equity curve grows consistently without significant dips.
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
Opportunity
GBP-CAD Risky Long! Buy!
Hello,Traders!
GBP-CAD was trading below a falling resistance
But then the pair has retested a horizontal support
Made a rebound and broke the falling resistance
Which makes me locally bullish
And I think that the price will go higher
Buy!
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See other ideas below too!
SPX500 with a potential fakerally!Hey tradomanics,
looks like last bullish move after the fed-protocoll (Seriously... so bearish )... looks very suspicious especially in the market-depth showing absoprtion in form of a lot of iceberg-orders at the resistance.
I will give it a shot and go short from here on.
What do you think?
USDCHF - SELLHello traders! I'm just getting ready to sell USDCHF as soon as I get the right signal, how do you see it?
I personally prefer setting up multiple TPs , here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume 25%
In this way, I ensure that my equity curve grows consistently without significant dips.
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
EUR/USDs potential bottom for the dayHey tradomaniacs,
market-depth so far looks like absoprtion is happening and bears are taking some of their profits after this strong move down.
Currently passive buying at the bottom plus stop-loss-hunting could push price up providing a nice opportunity to buy with a tight stop-loss.
AS ALWAYS - IT IS VERY RISKY to trade against the strong momentum to the downside!!
More risk-off in equities and things can quickly change. ;-)
And wait for momentum / Confirmations! Watching this level carefully
AUDUSD - BUYHello traders, I currently expect this to move up, but I would class it as a risky trade as the momentum is still strongly bearish and may break through this zone, but if I get a buy signal, I will buy! If the signal does not appear, I will not trade!
I personally prefer setting up multiple TPs , here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume 25%
In this way, I ensure that my equity curve grows consistently without significant dips.
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
AUDUSD - WaitingHello, I am currently expecting some of this movement, may not be exact, but as soon as we somehow get into the marked SELL zone, I will want to sell.
I personally prefer setting up multiple TPs, here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume 25%
In this way, I ensure that my equity curve grows consistently without significant dips.
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
The downtrend on EURUSD continues Today is a day off for the US market which means less volume.
The downtrend on this pair continues and we will be looking for selling opportunities.
On every pullback and rejection, entries could be made.
It's still possible to see price pushing up to 1,0500. That will be a good moment to watch out for reversals and entries.
BTCUSDT - WaitingHello! Let's take a look at Bitcoin analysis together, we all know that we are still strongly bearish on cryptocurrencies. Most people think that the price of BTC will go to $15,000 and for that reason it is very likely that we will go up!
Which of course for me as a trader does not mean that I will buy, because the analysis does not tell me such a thing and therefore I have marked the important levels where I would start to focus on a possible selling opportunity. It all depends on the economic situation and the announcement of inflation news.
Of course, before we get to the marked zones, the situation may gradually change and I will not sell there in the end, because the longer we stay at the bottom of the potential consolidation, the lower the chance that the marked zone will react.
New selling opportunities on EURUSDThe downtrend on EURUSD continues and so are the selling opportunities.
The pullback that formed yesterday allows us to enter short from 1,0500.
If price manages to push a little higher and retest the zone, this will be the best scenario.
Stops are still above 1,0615 and with that, we are expecting a breakout of previous lows!
AUD/USD could fall from here!Hey tradomaniacs,
technically a great spot to sell AUD/USD but be cautious with the FED today!
If interest-rates are even higher than expected AUD/USD could get very volatile.
This is because the market might price-in a FED considered to be ahead the Curve in order to get
buffer for upcoming rate-cuts in case of a recession.
In this case we could see bulls in equities and so a struggeling AUD/USD.
What do you think?
NZD/USD likely to fall!Hey tradomaniacs,
after the ECB-Statement from yesterday we have seen a strong dollar-push as the upcoming rate-hikes were already priced in.
The reason for the entire sell-off in equities was basically that the ECB has raised its rate of price increases aswell as lowered the exepctations for economic growth.
What a dilemma... I think we might see a continuation of the recent breakout due to the risk-off-sentiment.
Still stay cautious ahead the important CPI-Data today which will be very important for the market.
But a great chance with tight SL here!
COCP and playing the setupBuy Shares Strategy -
Buy COCP @ $0.44
RISK 4.7% -> Stop Loss $0.4193
TARGET 1 Reward: +4.7% $0.4607
TARGET 2 Reward: +11.4% $0.4900
Looking to break out of this nice wedge; RSI is looking good, STOCHASTIC is trending neutral however.
8 EMA about to cross the 34 EMA, hoping to catch the move before liftoff, with preplanned risk (stop loss) in effect.
Volume is lacking, needs more volume for the push.
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
#OP/USDT 15M CHART UPDATE !!Welcome to this quick OP/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for trade:- OP is trading in an uptrend channel and respecting the support and resistance level. The support is $1.27 area and the major resistance is $1.59-$1.66 area. Try to grab some OP near support level with tight stop loss.$1.24
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
#OP/USDT 30MIN. CHART UPDATE!!OP/USDT looks promising we can long hare;
Long trade setup :
Entry: CMP - $1.2823
Target : 15% - 20%
Use leverage 5x - 20x
SL : $1.90
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#OP/USDT 30M CHART UPDATE !!Welcome to this quick OP/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for trade:- OP is trading in an uptrend channel and respecting the support and resistance level. The support is $1.35 area and the major resistance is $1.59-$1.66 area. Try to grab some OP near support level with tight stop loss.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
AVAX APPROACHING TO ITS REVERSAL ZONE.avax is dropping for past few days . it can rise now .
the price can go up right now from here <
the price can go a little dipper to green zone and then rise .
current price is a good price to buy < if it reaches 22-21.5 it is much better opportunity of course.
you can say your opinion about this .
hope you like everything about trading like me .