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Stoprun

How did Open Interest tell me: Stay long as BTC Dumped!?!BYBIT:BTCUSD I was in 3 long trades as Bitcoin dumped on the 26th of May 2022. I had 2 choices. Close my longs because I saw price dumping below my entry or look at what Open interest was telling me to determine if this was a fakeout. I saw price dropping as OI was dropping. This meant that longs were closing out their positions, which means that when this ended, price could reverse quickly. Longs were closing out their positions and re-entering as shorts. As soon as this selling dried up, Longs started entering and then suddenly shorts were being liquidated, pushing the price up again. This is known as a stop run. Hit long stops and then hit short stops. Be aware of this kind of fakeout as it happens again and again! Learn to trade the retest and why it is important not to short at support and inversely why it is NB not to long at resistance, UNLESS you get a retest of that level! Not financial advice, DYOR. Papertrade before using real money. If this educational snipped helped you, please consider giving it a thumbs up and follow for more like this! Trade Safely and Learn something every day! Shawn
BYBIT:BTCUSD.PEducation
by zartraderguy
Everyone looking to short the SP500 as we trade 2800. Not meEveryone and their mother is looking to short the SP500 today. Not me as we just ran the stops under that red line. I would be looking to take a daytrade once it trades above that blue box. If it stays under it sure we go more down. On the 1h is already showing signs of a possible retrace back and we got a 1h bullish RSI divergence to keep an eye on. So, in my opinion, watch everyone short the shit out of the sp500 and get stopped out on.
OANDA:SPX500USDLong
by Civel
Untested Weekly lvl right above where lots of stops areLike always FOMC gave the markets LOTS of volatility. To me, DXY looks bullish after the FOMC. We took the stops and shot right back up making a breaker on the 1h. that breaker is in line with a 1h/4h S/R line to. So you could long that SR/Breaker level or you could wait for more confirmation and look for longs above the orange line on the chart which is a Daily S/R level. This would also be a great level to add to your dollar longs if you got in on that breaker. When am i wrong? When it trading and closing under that 1 hour S/R level. We also got NFP coming on Friday but last time FOMC and NFP were in the same week NFP did not do much. So let's see if its the same this time.
TVC:DXYLong
by Civel
What i am looking for if i want to long EthereumThe spike down you could've made a nice short term trade and you shouldve taken profits already. of course a lot of perma bulls will stay in this long position. So what i i epxect or want to see before i go long? I want those stops to be taken out from the perma bulls. But it needs to be a fast reaction price should not stay to much time under that level. If it gets a violent spike taking out that level and reacts of the purple zone on the chart. I would be very interested in taking a long position. TP1 is a daily S/R level and TP's 2 and 3 are places where a lot of stops are resting from people that went short. If it gets to TP3 I expect further downside on Ethereum on the long run i really think the crypto bear market is not finished yet and i would not be surprised to see new lows on Ethereum and bitcoin. Also if we get down and not get a violent reaction and ethereum starts trading under that blue box i will be looking for shorts at that point
BITFINEX:ETHUSDLong
by Civel