Protraders
Tips And Tricks To Be A Pro TraderThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Pullback To The Upside???Welcome back traders. Share My Analysis If You Agree :)
Despite the big push to hell, Gold has been consolidating all week. Price found a strong level of support near $1875, which just so happens to be a key psychological level. A correction has to be made before another push to the downside. I predict a rally towards $1895 following a breakout of the zone around $1884 and a new high. Bullish momentum could lose steam along the process, so I applied a resistance level that showed dominance on the Daily Time-frame. ($1891)
Comment Your Bullish or Bearish ideas on Gold
NZDUSD: Possible Continuation? At a critical level Interesting trade opportunity on NZDUSD this pair has been on a bullish momentum for weeks now, and no signs of reversals yet. Watch out for opportunities to join the trend. before you sell, ensure you get a clear sell signal, otherwise you will get burnt.
Trade Review: GBPAUD BatWell, this trade is already in the "Safe House", I've already shifted the stops to entry.
The recent bearish candle(black) has a break and close below the low, which was mention on the previous post(link at the bottom).
If the current candle has another break and close below the trendline and without touching the first target, I might able to plan for a second trade.
Let's see how this trade develop.
Pump and Dump? Perfect Example on the Recent Movement on TESLANASDAQ:TSLA Shows a good example of a pump and dump scenario.
- The actual cause of this is still uncertain.
- Probably big withdrawals from significantly huge investors.
- Or the success of the latest model sales.
- NASDAQ:TSLA already achieved the highest price analysts anticipated for 2020, in less than the first 2 months of the year.
- What should we expect with NASDAQ:TSLA ?
Cheers,
G.
Ts: smartalphatrade
Trade Ideas Educator: USDCAD SharkDid USDCAD offend anyone this year? It seems like all reputable traders/analysts are looking to short this pair.
Well, is a long way down and is always good to look for a shorting opportunity as a counter-trend trade when it retraces back up, it just gives a better Reward: Risk.
Even with a better Reward: Risk, a candle confirmation is necessary to engage this pair.
Trade Ideas Position: AUDCAD 5-0PatternMost traders only have a single target for a 5-0 pattern, I can have up to 2 targets for a trend trading setup.
Trade has already engaged, if you love to receive the levels, complete the registration at the link(3) and I will be happy to add you into our community.
Trade Ideas Position: AUDCAD SharkA bullish shark setup as a countertrend trade. Why do I still enter or only enter at this moment?
Well the pair seems stable down and it gives me lesser stop-loss, and because of this, I have a much better reward: risk.
The second target profit is even better. Amazing trading opportunity, let's see how this rollout.
EURUSD-Weekly Market Analysis-Jan20,Wk2A bullish Gartley pattern has formed up with a bullish engulfing candle, it sure does shows strength in the upward momentum for a longer-term trend trading setup.
I'm waiting for the market to have a check-back before engaging the trade and that will give me a better Reward: Risk.
What's your trade plan?
Comment down below.
MCD Attempting to BottomMCD is struggling to form a short-term bottom at a non-support level. The stock had been under heavy distribution which triggered High Frequency Traders selling short as well as Pro Traders selling short, even while new Retail App Broker Investors were buying into the downtrend. Buy on the Dip strategies are in play, but the large lots overwhelmed the retail small lots. There is no Dark Pool Quiet Accumulation in this bottoming attempt.