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Proprietarytrading

Dax daily: 21 May 2019After closing the gap yesterday, we saw yet another strong selling. Bears dominated till the session end and bulls had no chance whatsoever. The session closed at 12 034 which is now an interesting support level. Important zones Resistance: 12 146 Support: 12 034, 11 958 Statistics for today Detailed statistics in the Statistical Application Very low probability of closing the gap today – only 32% Macroeconomic releases NIL Today’s session hypothesis The price is currently hovering in the middle of the range marked by our zones 12 146 and 12 034. After the open, we haven’t seen any significant move so far and today’s statistics are not even inclined towards the gap closure. On the other hand, the zone laying at 12 146 looks very appealing from the price action perspective and we could retest this level. Our major target right now is the price at 12 146. If Dax heads south, we estimate the price may stall around 12 034 which could now serve as a support level.
EUREX:FDAX1!
by FTMO
Price Action Analysis For USDJPY 20/05/2019As we can see, the USDJPY has just started to develop a bullish momentum by breakout the last high of the recent bearish momentum, as the price is bullish for now, it will be wiser to look For a reason to buy, the demand below seems like a great level for buy position, on the first touch of the price at that level it’s the right time to buy, the first target will be the supply above, the final Target will be the supply at the top which is also a great level of sell position.
Long
by the5erstrading
Dax daily: 20 May 2019 Friday’s session hasn’t really seen much success from the statistical point of view. There were increased probabilities for breaking of Thursday’s high and two support levels nearby to add to the hypothesis. Dax turned downhill on a very lazy pace, buyers reacted with a very slight correction at the first mentioned support level and the second support level hasn’t even been reached. In the end, the session turned out to be a lazy bear, as it often is on Fridays. Today we open with a small ascending gap. Important zones Resistance: 12 376 Support: 12 196, 12 118 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases NIL Today’s session hypothesis We anticipate continuing in the uptrend that has formed. Dax already filled our first target, which was a retest of 12 190 level. In the upcoming days, we estimate that the zone laying at 12 448 could be retested as well. Buyers could be found around the support zone of 12 196 where we have a nice confluence with the trendline, or even lower at the support at 12 118. Sellers could show their strengths at 12 376.
EUREX:FDAX1!
by FTMO
Waiting For Reversal Signal At AUDJPY 19/05/19As we can see, the AUDJPY is in bearish momentum, the price went down almost 500 pips in that bearish momentum, also, we can see a clear divergence between MACD and the price, as we Know, that divergence indicates that the price losing power and the bearish momentum is about to end, now, besides the divergence, we waiting for the price to break out the resistance above and To create a new fresh demand, if that happened, it will be a great setup for buy position, the final target will be the supply at the top, which is also a great supply for sell position, that analysis Relevant for swing forex traders,
Long
by the5erstrading
What Indicates That The Bullish Momentum On EURGBP Is About To EIf we look at the 1H chart, we can see the EURGBP is in strong and long bullish momentum, the indication that this bullish momentum is about to end is the combination of the supply above and The CCI indicator divergence, on the 1D chart we can see the price is just about to hit the supply above, this supply seems fresh and it’s the first time the price will touch it, on the 1H chart we can See also a clear divergence between the CCI and the price, while the price creates a higher high, the CCI indicator creates a lower high, the combination of the supply and the divergence creates a Great opportunity for sell position at the supply above.
Short
by the5erstrading
Dax daily: 16 May 2019 Yesterday’s session corresponded with our analysis. After the open, Dax began to descend towards the support at 12 946 where we haven’t encountered any buyers and the price continued lower. Later in the NY session, Dax unexpectedly jumped up and today we open with a descending gap. Important zones Resistance: 12 097, 12 190 Support: 11 917 Statistics for today Detailed statistics in the Statistical Application The statistical probability of breaking yesterday’s high is 83% Macroeconomic releases 10:15 CEST – German Buba President Weidmann Speaks All day – Eurogroup Meetings Today’s session hypothesis Today, we estimate that the gap could be closed and find some sellers around the resistance zone of 12 097 for a possible correction. However, the probabilities today are more inclined to a buyers favour who could take the price all the way towards 12 190.
EUREX:FDAX1!Long
by FTMO
Two Fresh Demands For Buy Trade On XAUUSD 15/05/2019For the long terms, XAUUSD is in bearish momentum, However, below us, there are two great and fresh demand levels with a great potential for buy position, each one of them looks really strong Level, if the price reaches the demand below I’ll buy there, the stop loss order will be just below this demand and if the price will breakout the demand and hit the stop loss we can buy again at the Demand at the bottom, both levels can be also the right levels to take profit for those who holding sell positions,
FX:XAUUSD
by the5erstrading
What Make The Supply Above A Great Level For Sell Position 14/05As we can see on the 1D chart, the USDCAD price is struggling to move up, this kind of price behavior called “Compression“, the price move up step by step in a way that looks powerless, many Small candles, everything seems pressed, above us, there is a great supply which most probably holds many unfilled orders, that indicates a strong level, the combination of a price move up by Compression and a supply level creates a great opportunity for sell position, when the price touch the supply above, it’s the time to sell.
Short
by the5erstrading
What Make The Supply Above A Great Level For Sell Position 14/05As we can see on the 1D chart, the USDCAD price is struggling to move up, this kind of price behavior called “Compression“, the price move up step by step in a way that looks powerless, many Small candles, everything seems pressed, above us, there is a great supply which most probably holds many unfilled orders, that indicates a strong level, the combination of a price move up by Compression and a supply level creates a great opportunity for sell position, when the price touch the supply above, it’s the time to sell.
Short
by the5erstrading
Swing Key Levels For The Dax Index 12/05/2019For the long term, the DAX index is in bearish momentum. On the weekly chart, we can see clear head & shoulders patterns at the top. For now, the price is just back to the neckline of the pattern that broke out in October 2018. In the 1H chart, if we look for a reason to sell, it will be the supply above which is where the price fell down with a gap a week ago. Also, the divergence between the MACD and the price, if the price will retrace to that supply, it will be a great opportunity for sell position. The first target will be the demand below and the final target is the demand at the bottom which is also a great demand for buy position.
TVC:DEU40
by the5erstrading
Will The GBPJPY Price Successful To Breakout The Resistance ZoneAs we can see in the 1H chart, GBPJPY has started this week with almost 100 pips gap down and continue with a downtrend of 400 pips, if we look for the reversal signal, it will be the Resistance Zone, if the price will break out the resistance zone it indicates that the bearish momentum ended and it’s the time to look for buy position, Therefore, if the price will break the resistance it will be A good reason to look for price action setup for buy position, the supply above will be the first target and the supply at the top will be the final target and also a great level for sell position.
Long
by the5erstrading
Continuation Level At 0.50 Fibonacci On GBPUSD 07/05/2019In this 4H chart, we can see that GBPUSD is in bullish momentum, it seems that nothing can stop the price at least until the price will reach the resistance above, we can see that the demand Below is also the 0.50 Fibonacci level of the recent uptrend, the combination of the demand and the 0.50 Fibonacci makes that level a great level for buy position, the resistance above will be the Final target for this buy position, this opportunity relevant for swing forex traders.
Long
by the5erstrading
How SPX500 Index Will Open This Trading Week 05/05/2019SPX500 Index like most of the other indices creates a new record recently, a new record means that the price is too high and as forex traders, we need to look for sell position, First, we need to find A good setup to sell the SPX500, as we can see on the chart attached, there are 2 reasons that indicate it’s a good time to sell, 1- Divergence: as we can see, there is a very clear divergence between the price and the MACD indicator, while the price creates a higher high, the MACD shows a lower high, that divergence Indicates that the recent uptrend was powerless at the end of it, 2 – Supply Level: exactly where the price now, it’s a great supply level for sell position, it’s a great level for sell as long as the price will open the week in the same area, the demand below will be The target and also a great level for buy position.
TVC:SPXShort
by the5erstrading
Waiting For The Price To Close The Gap On USDCAD 06/05/2019Like most of the USD pairs, also USDCAD has open this week with a 30 pips GAP up, usually, gaps indicate on a massive amount of unfilled orders and create a new supply or demand, in that Case USDCAD start this week with gap toward up and create new fresh demand, on the 1H chart we can see the demand level below which is the level where the price gap from, and it’s a great level for Buy position, therefore, if the price will close that gap I’ll buy at the demand below, on the 1D chart, we can see the next supply above, most likely the price tends to reach that supply, therefore, That supply will be the final target for the buy position and also a great supply for long term sell position,
Long
by the5erstrading
Which Level GBPUSD Will Hit First 25/04/2019For all time frames, GBPUSD is bearish at the moment and seems it’s gonna stay bearish until the price will reach the demand below that marked in 4H chart, that demand is a great Level for buy position, it’s a potential level for reversal position, the supply above that marked in 1H chart is what called RDB (Rally Base Drop), the base has a nice rally to that level And then create the base which is the supply, and drops after, that creates a very reliable supply level, It’s a great supply for sell position as a continuation of the bearish momentum.
by the5erstrading
It Seems The USOIL Price On It’s Way To 75.00 ZonesAs we heard 2 days ago, president Donald Trump announced about new sanctions on Iran, that cause the USOIL price to jump away and creates new fresh demand, we can see this New demand in the 1Hour chart, that demand below seems like a great continuation level and I’ll buy there if the price retrace the demand, on the 1D chart we can see that the USOIL Price is bullish and probably will stay bullish until reaching the supply above, that supply will be the target for the buy position and also it’s a great level for sell position for the long Terms.
FX:USOILLong
by the5erstrading
What Are The Long Term Targets For XAUUSD 21/04/2019On the 1D chart, we can see the price breakout the demand from the left, on the same chart we can see below the next fresh demand, most likely, the price on his way to reach this Demand below and maybe also the one at the bottom, on the 1Hour chart we can see the next fresh supply levels which are great levels to sell GOLD and join this bearish momentum. I’ll sell at the supply above and if the price will breakout this supply I’ll sell again at the top supply, The first target is the demand below and the final target is the demand at the bottom,
FX:XAUUSDShort
by the5erstrading
1
Key Levels For Short Terms Positions On BTCUSD 17/04/2019BTCUSD has developed a bullish momentum on the long terms, seems it’s gonna stay bullish until price reaches 6350.00 zones, for the long terms, it’s a great level for sell position, The levels that marked on the chart are good levels for short terms positions, the price is just between these 2 levels, the demand below is a great level to buy low on the first touch of The price and the target will be the supply above, and the supply above is a great level for sell position on the first touch of the price, the target will be the demand below, both levels Are relevant for short terms or intraday positions,
BITFINEX:BTCUSDShort
by the5erstrading
2
Key Levels With MACD Divergence For SPX500 19/03/19On the 15 minutes chart of SPX500, we can see very clearly the divergence between MACD and the price records, the divergence on MACD indicator is not a signal for me to sell, it just tells me that the uptrend we can see on the 15 minutes chart is powerless, there are 2 options I'm waiting for to sell. 1 - if the price will breakout the support below I'll look for price action setup to sell, 2 - Sell at 2870.00 on the first touch, it's a great supply that we can see on the daily chart. In both cases, the demand below will be the first target and the final target is 2400.00 zones.
SP:SPXShort
by the5erstrading