EURUSD looks like a long but the EURJPY is setting up for a short. I favour the EURUSD trade triggering and should it be a false start, the reversal should then be captured with the EURJPY. With a risk-reward ratio of 1:2 for every 1 winner, we can afford two losses.
The GDP number of 2.7% growth is being propped up by net exports, while consumption is at a cycle low. This is horrible for earnings expectations and risk assets. Net exports were at a low in prior quarters, making the economy look worse off than it was. Now the economy is actually worse off than it is and the metric is instead making it look better. This is why...
Betting on a price increase after a sharp price decrease is called "catching a falling knife". In fact, you may have heard someone say, "don't try to catch a falling knife." The analogy is meant to sound dangerous because it is very risky to buy a stock that is dropping rapidly. The hope is that if you time it right, you will get in at the bottom and make big...
During London session we see us30 test previous lows and fail to break. We take an entry off that bounce and get out quickly after liquidity is grabbed from previous highs. #simpletrade. In and out
KEY Levels mapped! Love it or hate it, hit that thumbs up and share your thoughts below! Every day the charts provide new information. You have to adjust or get REKT. Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! This is not financial advice. This is for educational purposes only.
AMZN price probably going lower. Current riskoff sentiment, today's hotter CPI figures favor short here. To know with absolute confidence is impossible.
Interested to risk in glut?! I look forward to USD fall off here. Right about, it's the latter half of a trading week. Careful.
Nasdaq, si,liar to SPY has made 2 diamond patterns in May & June leading to a reversal with positive Rsi divergence. Could it be repeating similar set-up this Sept-Oct? It is currently hovering around the mma50+wma200+June low zone. Sometimes prices break a little below the diamond pattern first eating away the cut-losses before a reversal. If NQ makes another new...
BTC keeps returning to the pivot line at 19500 which also acts as a support. It is also barely holding the base of the triangle as support. Bollinger Band is squeezing for a big move soon. As for now, the Head & Shoulder pattern neckline is still not yet broken, suggesting much lower prices if the neckline breaks. We just have to wait which way it breaks. If...
6/ $VIX clipped today Another big RED (down) candle & lower highs Fits perfectly to what we've been saying for few days & For longer term outlook We see ton of volatility next few days = good few month bottom $NDX is @ DO or DIE!, bounce more likely #stocks #crypto
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk What you can afford to lose
XELA is in a descending wedge looking for trade. The company keeps diluting so the chart is difficult to grasp therefore using mcap instead of price.
Hello Team, As we can see LUNC is forming a massive falling wedge after a huge run up (Bullish Formation : *Upon Breakout). A strong volume resistance break to the upside from this falling wedge can have massive upside potential. We are looking to start adding small positions as we continue lower. Key Notes: This is a very high risk play due to being a highly...
ETH - Now what? Sure, we've had the merge excellent success but we are still in 'cash king' mode and until then the risk is I really don't need substantial movement overall with crypto. Technical a break to either direction. TJ
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N.B. These lines and levels are for 15min chart only All conditions met High risk: Very High rewards P. S. THIS IS NOT A FINANCIAL ADVICE IT'S LIKE A TRADING JOURNAL TO ME
Safe experience lull you into a false sense of security, even when you know about a clear and present danger. That's what experts on risk and decision making** say about the role of our personal experience in our risk perception. Take 9/11 for example. Many, suddenly concerned about the risk in flying, opted to drive instead. However, in reality the risk of...
The summary: Stocks fell ("Faded"?) out of the main upward channel. Bulls can hang there hats on the ATR that has not confirmed a reversal. Chart shows the mean of 3 US stock indexes divided by their respective volatility index: SPX / VIX , NDQ / VXN , DJA / VXD. This is one approach to putting all 3 on a single scale and is conceptually similar to Z-score,...