Short-trade
GMT Short 100% Profit in 2 Days - Quick TradeSignal ID 0015
GMTUSDT Future Trade
for those of you who have missed the previous trades, here is one more re entry. Dont miss this trade, this will be fast and profitable as well inshaAllah
Re Entry 1 @ 2.29
Re Entry 2 @ 2.32
Tp 1 @ 1.95 - 2$
This will be a quick trade, will most likely take 2 days to play out
Approx 100% Profit with 5x Leverage
As always, max leverage allowed is 5x
Dollar vs. Yen- Short Term Swing Trade - 5 April 2022OANDA:USDJPY probably will break the range in the next couple of hours. Good confirmation will be if the price reaches the strong resistance of 123.50 and there sellers attack with strong price action.
What is the supported thesis for the expected turndown of USDJPY:
- on 1H time frame from 28 to 31 March there are 5 impulsive waves down
- price is in a tight range in the past 60 hours without indication of uptrend power
- corrective zig-zag formation with expected strong resistance at 123.50 area
- expectations for a strong impulse from 123.50 and engulfing price-action
- USDJPY moving in the yellow dotted channel with no indication for a retest of swing highs
If you have any questions related to this trading idea I will be happy to provide you with answers.
Analysis on USDJPYHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it.
As we can see, the price is at its STRONGE TRENDLINE RESISTANCE. I am expecting a reversal.
Let us know your views on this in the comment section. Thank you all.
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$SPY SHORT$SPY showing major weakness coming off a double top and breaking trend. Yesterday appears to be a test of trendline and today will confirm the rejection
Taking a quick peek at blue-chips: $META $NFLX $MSFT, also showing signs of weakness
Despite Russia pulling back forces, I don't think its enough to prop up the market
First PT: 436
Second PT: 427
Will BITCOIN Will Go Down Again?! Hello everyone!
As we already know, this pump left a lot of imbalance, imbalance that must be filled, today i have been noticed that we are in a distribution, like you see in the chart, we formed a SOW, after the next SOW we can expect a markdown that will fill the imbalance left behind(which is at 40972-37430 big imbalance), after that i expect a pump at the zone where we consolidated 2 days, like in 4 december where imbalance from the beginning of the octomber was filled.
Of course can be 2 scenarious, the another one is to go 48180-50400 where we also left an imbalance, but i think that will not happen, because we are seeing a SIGN OF WEAKNESS. I think that we need to be patience and wait for the market to show us more signs about next move.
Also, indicators looks that we are in an overbought zone and we don't have a lot of strong to continue pumping.
Let me know if u have another opinion about BTC, or if you want to add something else too!
Good luck traders!
EURCAD short position.Enter sell position with risk of 2% of portfolio.
1st target set at @ 1.43575
2nd target set at @ 1.41683
Set stop loss above the resistance area, close position in loss if a confirmation candle closed above the resistance in the hourly time frame.
*Confirmation Candle: happens when the candle is > 50% of the complete shape (wicks and candle)
Good luck.
AMD GAMEPLAN - JANUARY 31-FEBRUARY 4This AMD plan shows possible trade ideas for longs and shorts.
-Currently, AMD has had a double bottom of sorts, and passed the previous swing high with ease.
-The price still falls below the Anchored VWAPs and below the highest volume by price range (112)
-Strongest buying pressure in recent times
-Passed above the 50EMA with ease
-MACD looks strong on 1hr
Also hit a strong Fib support off of 99.00
The euro is under pressureThe euro is under pressure
The euro / US dollar has reached its lowest level since June 3, 2020, as traders assess the divergence between the eurozone and the US economy. The pair is trading at 1,150, which is about 3% lower than the highest level this year.
US economy and the euro area
Recent economic data show that the US economy is recovering faster than the euro area. For example, on Friday, German statistics showed that economic growth slowed in the fourth quarter. Other countries, such as France and Spain, are experiencing significant improvements.
While the German economy shrank, the US economy grew strongly in the fourth quarter. This was a sign that the effects of the Omicron type were not as severe as analysts had expected.
Meanwhile, the US labor market has been stronger than Europe. For example, the unemployment rate in the United States has dropped to 3.9 percent. In Europe, the unemployment rate is around 7%.
Thus, the EUR / USD pair has fallen as investors predict that the Federal Reserve will be more aggressive than the European Central Bank.
Analysts have differing views on the number and size of the Federal Reserve raising interest rates. Goldman Sachs analysts, for example, expect the Federal Reserve to raise five interest rates this year. Other analysts at other banks forecast about 3 or 4 increases.
Central bank officials are also unsure of what to expect. Analysts, on the other hand, expect the European Central Bank to continue its low-easing purchases and is unlikely to increase this year.
Later this week, the EURUSD pair will react to the latest US jobs figures and eurozone inflation figures for January.
Euro-dollar forecast
The daily chart shows that the EUR / USD pair has been in a strong downtrend recently. In the daily chart, we see that the pair has been able to move down the pattern of the bearish flag shown in black. It also fell below the 25-day and 50-day moving averages while the stochastis oscillator reached the sell-off level.
Therefore, this pair is likely to be ahead of the latest US NFP data. The next key station to watch will be at 1,1050.
GBP/CAD Short Opportunity!Possibility for a short opportunity in GBP/CAD soon! Price has been steadily working its way back up to the structure high over the past couple weeks and now has shown a rejection. On top of this we can see a very clean trend line which is where a lot of retail traders have been buying from meaning that there is a lot of liquidity underneath that the institutions will want to grab. Therefore once we break structure, i would be looking for a pull back from which to go short on down to the demand area highlighted in blue.
Feel free to leave any comments about the idea!