CADCHF SHORTEven though we have a high probability chance of going short from this zone at 0.65280. We have seen how price has decided to deliver price bearish. On this zone on the 5Min, price has already mitigated the Demand zone and its set to go bearish from my analysis. See where you come in and trail stop loss when it breaks through 0.64930 for the potential target at 0.64704
Smctrading
Current GBP/JPY TradeRight now I am in a long GJ trade. The reason for this trade was the liquidity that was created with a bearish push towards a higher time frame demand order block. Additionally, a few more imbalances were created with the same bearish push. Once price reacted from the higher time frame OB i waited for a CHoCH and found my 5M TF OB from which i took longs from. Price hovered above and below entry before finally pushing towards the upside. I have already exited with one trade, and have another running, which i will hold towards the first imbalance.
XAUUSD BUYXAUUSD ( Gold ) has been trading bullish for a long time. Many triangle pattern are forming on both short and long term time frames. I am setting a position below the triangle pattern and expecting a clear retail stop. My position is based on news reports soon be released and a strong technical view on the market.
📆🚀Exciting Next Week Planning! 📈💰 Trade USDCAD up and down!📆🚀 Exciting Next Week Planning! 📈💰
Get ready for some thrilling opportunities in the upcoming week! 🌟 Let's dive into the details and explore the potential of USDCAD, a ranging market with a range height of 160 to 200 pips. 📊💹
🔥 Ranging Market Analysis:
USDCAD is expected to trade within a range, offering opportunities for both long and short positions. This type of market environment can be advantageous for running Expert Advisors (EA) to potentially earn passive income. 💵💼
💼💹 Earning Passive Income:
By utilizing EA strategies, you can automate your trading and potentially generate income without constantly monitoring the market. This allows you to focus on other aspects of your life while your EA takes care of the trading operations. It's like having a dedicated trading assistant! 🤖💸
✨ Take Advantage of the Range:
With a range height of 160 to 200 pips, there is significant potential to capture profits during price oscillations within this range. It's crucial to set appropriate entry and exit points based on your trading strategy and risk tolerance, maximizing your chances of success. 📈🎯
🌟💪 Stay Informed and Adapt:
As with any trading endeavor, it's essential to stay informed about market developments, news events, and technical analysis. Keep an eye on key support and resistance levels, as they can provide valuable insights for your trading decisions. Remember, adaptability and continuous learning are key to success in the dynamic world of trading. 📚📰
🚀💰 Embrace the Opportunities:
Get ready to seize the potential of USDCAD's ranging market and leverage the power of EA trading to earn passive income. Plan your strategies, set your targets, and be prepared to take action when the right opportunities arise. The next week holds exciting prospects for traders! 💪💹💼
#NextWeekPlanning #USDCAD #RangingMarket #EATrading #PassiveIncome 🌍💱
ICT Long setup HK50, Daytrade📈💰 Day Trading Strategy on HK50 💱
🔥 Key Levels and Setups to Watch Out For 🔥
Let's explore an exciting day trading strategy with key levels and setups to keep an eye on! 🚀💹
⬆️ Buy Limit Levels:
🎯 16476
🎯 16450
🎯 16424
🎯 Take Profits:
TP1: 16416
TP2: 16424
🔑 Key Level - Support:
🛡️ 16475
❌ Stop Loss:
🛑 16400
💡 Trading Insights:
Today's trading strategy focuses on key levels and potential setups. The buy limit levels of 16476, 16450, and 16424 offer entry opportunities to join the market.
To maximize gains, consider setting take profit levels at 16416 and 16424. These targets can help secure profits as the trade progresses.
Keep a close eye on the crucial support level at 16475, as it may act as a significant turning point or provide additional buying opportunities.
To manage risk effectively, it is essential to set a stop loss at 16400. This will help limit potential losses and protect your trading capital.
Remember, analyze the market carefully, adapt your strategy as needed, and trade responsibly. Best of luck! 💪💹📈
#HK50 #DayTrading #TradingStrategy #KeyLevels #StopLoss #TakeProfit 🌍💱
EURGBP: Insights into Current Market Dynamics (Top Down)Right! I will keep it simple. EURGBP on the weekly timeframe currently resides within a DEMAND zone, indicating the possibility of an upward movement in price from this region. Additionally, on the daily timeframe, price has shown rejection at a supportive level. Furthermore, the hourly chart has transitioned from a bearish to a bullish stance, while the 45-minute structure also presents a bullish outlook. In light of these indicators, it is anticipated that price action will likely find support at the marked demand area as depicted on the chart. Goodluck!