Outlook
GBPJPY(15min) BREAK AND RETESThello, currently GJ hit a price reversal number structure fib and am hoping for it to push down for a minor structure sell, but that will happen if the major and minor trendline are broken this is minor structure sell mainly for scalpers, only enter if your confluences are aligning accordingly.
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AAPL - 2023 idea
NASDAQ:AAPL
Based on the current trends and information available, it appears that AAPL is in a corrective x wave uptrend. While there is always the possibility of unexpected changes in the market, the chances of this being the case are higher at the moment.
Looking ahead, it is expected that there will be a last z wave correction before the flat 2022 - 2023 correction. Once this occurs, it is anticipated that weekly wave 4 will be complete.
Overall, it is important to continue to monitor the market closely and make adjustments as needed based on any new information that becomes available.
There is an alternative (grey). The alternative would be that we have already completed the correction and therefore we are already in the new wave 1 and a new uptrend. But it doesn't look like a proper wave 1 right now, therefore I do only see 30% chance of this pattern.
GBPCAD Bullish Outlook and 2 Possible Scenarios
In this multi-time frame analysis, I go over the bullish outlook and forecast on GBPCAD.
I outlined the 2 possible scenarios of the price to wait for in order to confirm the next bullish up move.
Remember to clearly understand what forecasting is for to give you a better entry rather than blindly enter without any price action confirmations.
Higher time frame:
BTCUSD to Top and Drop Late JanuaryA couple of roadmaps from the past few months copied and pasted over the current market. Both are in alignment with one another, indicating BTCUSD to potentially have a significant drop of 10% to 20% on Monday 30th Jan or Tuesday 31 Jan.
There are further roadmaps aligning on smaller time frames also indicating a potential high Monday/Tuesday.
Let's see how we go.
2023-2024 Forecast - from Dow Jones 2000-2002 dot com RoadmapThis is a chart of the Dow Jones 2000-2002 dot com bubble market overlaid on the Australian share price index, but really, this Dow Jones market could be laid upon a number of U.S. indices and you would still find a high level of correlation.
The forecast dates are unlikely to align. The overlaid will need to be pushed and pulled forwards a backwards by a number of months to achieve 1, 2 or possibly 3 'best-fit' potential outcomes.
The major low is generally more likely to aligning with a secondary low (a low just before or after the major low), or possibly one of the highs between the lows.
S&P500 - Outlook - 2023 - 1st Week of JanuaryS&P500 Outlook for the 1st week of January 2023.
Looking for a minor high, or the beginning of a strong move to the downside to HEAVILY short the market within the first few days, or first trading week of January.
1) Always have your stop loss in place.
2) Always have your 'take-profit' target planned before entering.
3) Always be open to being wrong, and exit when the market is not heading in the anticipated direction.
XAGUSD- 240 MINS TIMEFRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
What to expect from markets on Thursday 15th December 2022 ? - Trade Futures on Profit Sharing basis log on to www(dot)BookProfits(dot)in and activate now.
As indicated from here every trading day in our market outlook and Nifty forecast for the day, the markets have continued to improve since the last three days after it gave the first bullish signal on Stochastics. This was foretold here a day before its occurrence And we are happy that the readers of these Posts have made good d profits by following the trend of the market, Clearly and confidently. We have received so many positive responses from the readers of our posts here. And we Thank all of them.
Now, coming to the market Outlook for Thursday 15th December tomorrow the markets will be at least sentimentally affected by the Fed meeting outcome. Which is likely to get clear by midnight. Today, that is on the 14th of December. This external event. Will have. Its bearing. On the market movement. Tomorrow. But. Bullishness continues on. The daily High low chart of nifty. The important indicator MACD. Continues. It's. Up broadcaster towards the signal line. And is confirmed by is histogram today that it is in continuation. Of. It's. Going towards giving a buy signal in the coming days, though it remains in sell mode as of now.
The bands' narrow width suggests low volatility compared to NSENIFTY's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased in the near term. The bands have been in this narrow range for 4 periods. The probability of a significant price move increases the longer the bands remain in this narrow range.
On Candles Chart, A rising window occurred with the top of the previous shadow is below the bottom of the current shadow. This usually implies a continuation of a bullish trend. There have been 9 rising windows in the last 50 candles, making the current rising window even more bullish.
Pattern analysis of the Chart indicates that the Parabolic SAR at 18710 can act as a resistance level if markets open below this level. On the upside, beyond this level, there is no resistance before 18,878 levels.
Volatility is expected tomorrow and open of the markets will be influenced by the global market trend in response to the FED meeting outcome. Once this factor is taken into stride by the markets, the bullishness is expected to continue.
USOIL - 60 MINS TIMEFRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
Short-term trading beat long-termWhy short-term trading into the US market beats the long-term investing in the year 2023?
As much as the Fed wanted to dial down the interest hike for the rest of the coming meetings, but they have limited control. It all depends on the forthcoming data, especially the CPI and the employment numbers.
If these data continue to have a higher number, the Fed may not have a choice, but to resume back to its massive rate hike.
There are 4 types of investor or traders, they are:
1. Long term investor
2. Short term investor
3. Short term trader
4. Intra-day trader
Greater volatility is expected in 2023 and why the 2,3, and 4 may works better in 2023.
This is what we will be discussing today:
Content:
• Investing types & its time-frame
• Short-term trading strategy
CME Micro E-Mini S&P Futures
Minimum fluctuation
0.25 point = $1.25
1 point = $5
10 points = $50
100 points = $100
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Silver Bullish Outlook for 2023COMEX:SI1!
Deficit in Supply
Inflation Hedge
Weaker Dollar is plus
Huge performance divergence to Gold. Possible catch up ?
Silver demand is forecasted to double
Historically cheap
Industrial use increases
Long term buying opportunity with a first price target of ~30 $
🧩WEEKLY OUTLOOK: GOLD, EURUSD, GBPUSD, US100🧩Thanks for sending your pairs and taking part in this profile's life :) Here's the weekly outlook
📉 Text marks:
🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL.
🔹 ph, pl = protected high or low, which holds current structural impulse.
🔹 bos = break of structure . Based on candle body close below/above previous structural impulse.
🔹 rsz, rdz = refined supply and demand zones. Specific areas to look for LTF confirmations. They are manipulative up-moves before real down moves, or vice versa. Strong hands (the Composite Man, as Wyckoff called it) often come back to such zones to close their manipulative orders at breakeven, before pushing prices further. If body closes outside of the zone, in most cases it will mean the cancellation of the setup.
🔹 if ltf confirms = entry only if there's a shift of structure on lower TF inside of rsz or rdz, or any other type of backtested and approved confirmation.
🔹 liq target = liquidity target: next profit taking levels for strong hands, our main targets based on current price action.
☝️Disclaimer: ALL ideas here are for EDUCATIONAL and MARKETING purposes only, not a financial advice, NOT A SIGNAL. I share my view on the market and search for like-minded traders. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as trading in a simulated environment.
👉I believe that "right or wrong" mentality is a fundamental flaw of any beginner. In reality, a trader is right only when he executes the system and follows his rules, and he's wrong only when he's taking random setups. A trader should find a system he's willing to work with long-term, hindsight test, backtest and then execute live, then refine until perfection.
🚀Thanks for your BOOSTS and support🚀
💬Send your comments and questions below, share your ideas and charts, I'll be glad to talk to you💬
EURAUD WEEKLY BREAKDOWN,Wednesday , or earlier will be , short sharps sell for EURAUD, sell for oppurtunity, when and only the buy is good , and fast buy.
We name it, (fast market reversal), close to Keylevel.
The Price usually will up fast as 60pips per candlestick. or 150-170 pips rough candle per 4-8 hours, 30% of daylight trading,
that usually will make up and go to the 3 days or 1-2 days , then the Fast market reversal.
so we wait for sell, just look and monitor when the price up, so just avoid some Unsharp decision sell.
GBPUSD WEEKLY BREAKDOWN,Price continously with the momentum of after Reversal ,
from down to first UP buy, now at the middle point of weekly, close to some Key-level, and will go Up, or Down.
Depends the price volumes and action, we can catch somes shorts sell and avoid somes unsharp sell decision, becareful with High price spike of GBPUSD , the Longterm may up, but look at current price, there is retracement short.
- MasterPrince63
EURO/JPY LONG OUTLOOK.EURJPY
expecting the next move upwards , following the data from COTreport on EUR going from -11k net position to +33k net posion and JPY from
-80k net p to -81k net position ...
technicals showing that market has tested previous key area .However, with confirmation i would be looking to long EJ