EURUSD TripleMonthly Technical AnalysisEURUSD TripleMonthly - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Confluence, Parallel Channels - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.
Rezistance
CAD/JPY potential support reactionPrice broke 105.900 support zone, retested it and went down. It formed series of lower highs (bearish trendline) and lower lows. Price retested previous low and I expect to see bearish move. However, be careful as price can potentially react to support zone 103.600.
QQQ - 19.6.2020 - Too much hype around NASDAQ?
Hi, traders.
My name is Lukas and I am a beginner in trading, respectively, I only trade 9 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest.
Short description of analysis:
The technology sector is why I enjoy the markets so much. The V-shaped recovery and even overcoming the February ATH and running the S&P 500 and DOW in terms of percentages is something incredible, but enough about my feelings for the markets. At the moment we can see that VIX is approaching about 30 points, close to the support level where it can react. Furthermore, we developed a strong resistance in ATH, which with the fundamentals such as the potential 2nd wave of coronavirus can react and therefore I expect a local short, but in the long run I will go for long trade.Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.
LBTYK Short! W8 for a pullback on the SPY that brings profitHi traders,
another portion of the analysis that we do on a daily basis! Yesterday´s trade has a big possibility of a winning trade - INSIDERS short, Price Action looks well and psychology behind candles confirms the weakness of Long traders.
I am talking about LBTYK SHORT.
If you compare SPY and LBTYK charts, especially the last 2 months, you will realize, that they correlate a lot.
SPY is going higher and higher so some PULLBACK is about to come. And this pullback will turn our short in LBTYK into profits.
Good trading guys,
Jakub
FINEIGHT
ALKS - INSIDERS SHORT sign + SPY WEAKNESSHi traders,
I am going to share yesterday's trade with you, that we opened in our accounts. It was a SHORT in a market that is in a pretty nice downtrend.
You will probably have a question - Why do you open short trade in this falling market?
Because INSIDERS increase their SHORT positions - and that´s a SHORT sign ! Trading with them is much easier than against them.
In the video, I focus on the volume profile too, and how to use SPY for the confirmation.
Trade parameters ( NASDAQ:ALKS ):
Direction: Short
Entry: 15.90
Stop-loss: 18.44
Profit target: 10.79
Good trading!
Jakub
FINEIGHT
YM - e-mini DowJones S/R levelsHello traders,
Description of the analysis:
The market generates higher price distributions in rotation with the support of volumes. In the analysis, I marked the supports mostly on the first standard deviation of the volume profiles at the indicated ranges. Keep in mind that the red line is the price of the largest volumes on a given range, which means a fair price. The market often rotates around this price in a balanced profile. And when the s/r zone is supported by a fair range price in the past, the zone is more likely to react faster. The thicker the zone is, the more important it is. It always depends on market sentiment, because even strong support or resistance can be skipped without reaction, so always follow the money management and business plan. The future in the markets is always work with probability and money management.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (4 000 000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
AUDJPY Trading idea This trading idea for short trade from price level 71.86 is based of combination Volume cluster + Open market.
There is heavy volume accumulation in strong area from which strong selling activity starting...
So when the price will back again .. I thing that this strong sellers start defenting position and push the price downwards again.
Happy trading
Dale