EURUSD SHORT SETUP M15 + H1 BEFORE NFPOn EURUSD, we have a bearish setup with the price currently at the lower end of a channel. I expect a retracement around the 1.0876 area, where we have a significant gap on the H1 timeframe within a supply zone. Before entering, I will wait for price confirmation on both the M15 and H1 charts. Then, I will assess the short entry with a target at 1.0830. It would be fantastic if you could share your opinion and leave a like to support our work. Greetings and have a great day of trading from Nicola, CEO of Forex48 Trading Academy.
Strategy!
NZDJPY BREAKER BLOCK ENTRY M15 On NZDJPY, we have a bearish setup following yesterday's rally. As the price rose, it created a breaker block around the 0.8913 area. This will be our entry point for a long position with a target at 0.8966. The breaker block was formed on the M15 timeframe when the price broke out of the previous supply zone. It would be fantastic if you could share your opinion and leave a like to support our work. Greetings and have a great day of trading from Nicola, CEO of Forex48 Trading Academy.
USDCAD LONG SETUP BEFORE FOMC + OPECOn USDCAD, we have a bullish setup with the price retracing to the 1.3226 area, touching a minor demand within the main demand zone. I have used this level as a possible entry zone with a target at 1.33. With the upcoming OPEC and FOMC events, the dollar could potentially have a bullish push this morning, considering also the DXI, which appears to have a bullish trend. It would be fantastic if you could share your opinion and give a like to support our work. Greetings and have a good day of trading from Nicola, CEO of Forex48 Trading Academy.
XAUUSD SHORT SIGNAL H1 SETUPOn gold, we have a bearish tendency in the long term after a strong rally on Friday. The price seems to have consolidated around 1918, where we have an H1 value gap with a high reaction force for a possible reversal and a trendline that the price has touched for the fifth time. The target for a short trade will be at the level of 1985, with a risk-reward ratio of 1:2. It would be fantastic if you could share your opinion and leave a like to support our work. Greetings from Nicola, CEO of Forex48 Trading Academy.
EdgePro - BTC Swing StrategyThe EdgePro - BTC Swing Strategy is a meticulously designed trading approach that combines two distinct components: the Early Bird system and the Main system. This strategy is specifically tailored for Bitcoin (BTC) swing trading and aims to provide both timely entry signals and accurate trend capturing, thereby maximizing profit potential while minimizing losses.
The Early Bird system (marked by the smaller triangles), as its name suggests, focuses on identifying early long signals. It utilizes various systems and strategies to detect potential shifts in BTC price direction before they become evident to the broader market. By seeking out these early signals, the Early Bird system aims to gain an advantageous position by entering trades at or near the beginning of a bullish trend.
The Main system (marked by the larger triangles), on the other hand, is designed to have a high hit rate and effectively capture trends without falling victim to choppy or volatile market conditions. Again it employs a combination of complex trend-following indicators and strategies to confirm a sustainable trend in BTC price movement. This ensures that the strategy avoids false signals and filters out noise, allowing it to maintain a robust and reliable trading approach.
Visit edgeprosignals.com for more information, including full performance history of the EdgePro Large Cap Portfolio and Full Access to all our Indicators & Strategies.
EdgePro™
PAYX Paychex Options Ahead of EarningsAnalyzing the options chain of PAYX Paychex prior to the earnings report this week,
I would consider purchasing the 115usd strike price Calls with
an expiration date of 2023-12-15,
for a premium of approximately $3.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
GBPUSD LONG TRADE AFTER NEWSOn GBPUSD, we have a bullish setup based on today's Sterling data. I already have a short trade on this pair following another strategy, in which I'm exposed by 0.5%. In this long position, I'm exposed by 1% as it follows an additional strategy. However, I will close or cut the losses on this position if the entry candle, or the 10 candle, closes below the support level of 1.2616. Otherwise, I will keep it open and we will see how the situation evolves this afternoon with the US data. It would be fantastic if you shared your opinion and left a like to support our work. Happy trading to everyone! Danicola, CEO of Forex48 Trading Academy.
CADCHF POI OF REACTION FOR A LONG 0.6870On CAD/CHF, we have a price at 0.6870 where, according to my analysis, it appears to be consolidating before a potential upward move. I believe it could be a long position since we have a price with favorable volumes and a price that has retraced within our reaction point. The target is a simple 1:3 risk-reward ratio, as we have an equal amount of selling volumes at the supply zone around 0.6815 where the price could react. It would be fantastic if you could share your opinion and leave a like to support our work. Greetings from Nicola, the CEO of Forex48 Trading Academy.
USD/CAD Prediction on 28.06.2023The USD/CAD pair has recently been experiencing an upward trend, a shift that market analysts and traders are closely monitoring. This forex pair's current rise, which represents the value of the US dollar (USD) against the Canadian dollar (CAD), is being influenced by a myriad of factors.
From a macroeconomic standpoint, it's important to consider the interplay between the economies of the two countries involved. The United States and Canada, as two of the world's major economies, have intricate economic ties, which often directly influence the USD/CAD exchange rate.
One key factor could be the relative strength of the US economy. Recent data shows an uptick in several leading indicators such as GDP growth, unemployment rate, and inflation. This has led to expectations of a potential interest rate hike by the Federal Reserve, a move that often bolsters the USD's value.
On the other side of the pair, the CAD's performance is heavily influenced by the price of commodities, notably oil. If oil prices are experiencing a downturn or are relatively stable while the US economy strengthens, it could explain the uptick in the USD/CAD rate.
Moreover, geopolitical tensions and changes in global risk sentiment can also affect the pair. When there's global economic uncertainty, investors tend to flock towards "safe-haven" currencies such as the USD, driving up its value against pairs like the CAD.
Lastly, market speculation plays a role too. If traders believe that these trends will continue, they may buy into the USD/CAD pair, thereby driving the price up even further.
It's essential for traders and investors to stay updated with both US and Canadian economic data, geopolitical events, and other relevant news that could impact the pair's future movements. A thorough analysis of these elements would provide a better understanding of whether this upward trend in the USD/CAD rate is a temporary phenomenon or the beginning of a longer-term shift.
Unlocking the Potential of Option Trading: A Comprehensive GuideIntroduction:
💥 In the world of finance, option trading has gained significant popularity among investors and traders alike. It offers a unique and versatile set of investment strategies that can be employed to capitalize on market movements, hedge against risks, and enhance overall portfolio performance. Whether you are a seasoned investor or just starting, understanding the fundamentals of option trading can provide you with valuable tools to navigate the financial markets effectively. In this article, we will delve into the basics of option trading, explore its benefits and risks, and provide insights into some popular option strategies.
👀 What are Options?
💥 Options are derivative financial instruments that grant the holder the right, but not the obligation, to buy or sell an underlying asset at a predetermined price within a specified time period. The underlying asset can be stocks, commodities, indices, or even currencies. The predetermined price is known as the strike price, and the specified time period is the expiration date of the option.
👀 Call Options vs. Put Options
💥 There are two types of options: call options and put options. A call option gives the holder the right to buy the underlying asset at the strike price before the expiration date. On the other hand, a put option provides the holder with the right to sell the underlying asset at the strike price before expiration.
👀 Benefits of Option Trading
💥 Flexibility: Options provide investors with a flexible range of strategies to suit their investment goals and risk appetite. They can be used to generate income, hedge against potential losses, or speculate on market movements.
💥 Leverage: Option trading allows investors to control a larger position of an underlying asset with a smaller upfront investment, known as the premium. This potential leverage can amplify returns if the market moves in the anticipated direction.
💥 Risk Management: By using options, investors can manage and limit their risk exposure. Protective put options, for example, can act as insurance against potential price declines in a stock, while covered call options can generate income and provide a cushion against potential losses.
💥 Diversification: Options can be used as part of a diversified investment strategy to mitigate risk and enhance portfolio performance. By incorporating options with different underlying assets and expiration dates, investors can reduce reliance on a single investment and spread their risk across multiple positions.
👀 Risks of Option Trading
💥 Limited Time Horizon: Options have expiration dates, and if the underlying asset doesn't move in the anticipated direction within the given time frame, the option may expire worthless, resulting in a loss of the premium paid.
💥 Complexities: Option trading involves various strategies and concepts that may seem complex to beginners. It is essential to thoroughly understand the mechanics and risks associated with each strategy before implementation.
💥 Volatility and Market Uncertainty: Options are sensitive to changes in market volatility. Increased volatility can lead to higher option premiums, but it can also increase the risk of unexpected price movements, potentially resulting in losses.
👀 Popular Option Trading Strategies
💥 Covered Call: This strategy involves selling call options on an underlying asset that the investor already owns. It generates income (the premium received) while limiting the potential upside if the asset's price rises above the strike price.
💥 Protective Put: This strategy involves buying put options on an underlying asset to protect against potential downside risk. If the asset's price declines, the put option will offset some or all of the losses.
💥 Long Straddle: This strategy involves buying both a call option and a put option with the same strike price and expiration date. It profits from significant price movements in either direction, regardless of the underlying asset's actual price movement.
💥 Iron Condor: This strategy combines a bear call spread and a bull put spread. It aims to benefit from a range-bound market, where the underlying asset's price remains relatively stable
EURUSD BUY SIGNAL - COVALIDATION ZONE 1.09EURUSD presents a bullish scenario after two bearish trading days between Thursday and Friday. The price, after forming a demand zone, created a value gap that the price confirmed around 5 AM, validating the zone. Entry at 1.0809 with a target of 1.0956, but a further target of 1.10 could also be considered. We would be glad if you could share your opinion. Greetings and happy trading from Nicola, CEO of Forex48 Trading Academy.
Bearish Gold WEEK ?Gold took a hit this week as the dollar rebounded after the Bank of England raised interest rates by half a percentage point — twice more than forecast — saying it needed to act against "significant" indicators that British inflation would take longer to fall. U.K.’s main interest rate is now at 5%, the highest since 2008 after the largest rate increase since February. For me the gold metal will go a little bit down . Wha do you think traders , Am I right ?
KMX CarMax Options Ahead of EarningsAnalyzing the options chain of KMX CarMax prior to the earnings report this week,
I would consider purchasing the 78usd strike price in the Puts with
an expiration date of 2023-6-30,
for a premium of approximately $3.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
the Bull Put SpreadIn the world of options trading, there are numerous strategies available to help investors mitigate risk and maximize profit potential. One of my favorite strategies is the bull put spread which I use when I have a bullish outlook on a particular stock or market.
What is a Bull Put Spread?
A bull put spread is a defined-risk, vertical options spread strategy that involves the simultaneous purchase and sale of put options on the same underlying asset with different strike prices. It is typically employed when an investor anticipates a moderate upward movement in the price of the underlying security.
How Does It Work?
To initiate a bull put spread, an investor sells a put option with a higher strike price and simultaneously purchases a put option with a lower strike price. Both options have the same expiration date. The premium received from selling the higher strike put option helps offset the premium paid for buying the lower strike put option. As a result, the strategy is implemented at a net credit, reducing the upfront cost and risk.
Profit Potential:
The bull put spread strategy profits from two scenarios. First, if the price of the underlying security remains above the higher strike price until expiration, both options expire worthless, and you keep the initial net credit received. Second, if the price of the underlying security experiences a moderate increase, the spread narrows in value, allowing you to buy back the short put option at a lower price, realizing a profit.
Risk and Loss Potential:
While the bull put spread strategy offers limited risk compared to naked put selling, it is not without its downsides. If the price of the underlying security falls below the lower strike price, both options may end up in-the-money at expiration. In such a case, the investor incurs a maximum loss equal to the difference between the strike prices minus the net credit received. It is crucial to assess the risk-reward ratio and have a clear exit plan in place to manage potential losses.
Picking your Spot
When you decide you want to try this strategy, the question becomes what stock should I choose? Choose an asset that has sufficient liquidity and options volume. Stocks or ETFs that are actively traded and have a large market capitalization tend to meet these criteria. I have done well with several tech stocks in the past.
Strike Prices: For a bull put spread, you will sell a put option with a higher strike price and buy a put option with a lower strike price. The difference between the two strike prices (less the credit received) will define the spread's width (and the $$ you are risking). Consider strike prices that are below the asset's current price but still provide a comfortable buffer. The specific strike prices will depend on your risk tolerance and profit target.
Implied volatility: Implied volatility reflects the market's expectations of future price fluctuations. Higher implied volatility generally leads to higher options premiums, making it more attractive for option sellers. However, excessively high implied volatility might also indicate heightened risk or uncertainty. Evaluate the implied volatility levels of the options you plan to trade and assess whether they are within a reasonable range.
Time to expiration: The time remaining until options expiration can impact the premium you receive and the potential risks. Shorter time frames generally result in lower premiums but also limit the trade's duration and potential profits. Longer time frames provide more room for the underlying asset's price to move favorably but come with increased exposure to adverse market events. Consider your desired trade duration and how it aligns with your outlook on the underlying asset.
Benefits of a Bull Put Spread
Limited risk: Unlike naked put selling, the maximum loss potential is known upfront, allowing for better risk management.
Lower capital requirement: The strategy is implemented at a net credit, reducing the upfront capital required to initiate the trade.
Profit potential in multiple scenarios: The bull put spread can generate a profit if the underlying security remains above the higher strike price or experiences a moderate increase.
Considerations and Trade-offs
Time decay: The passage of time erodes the value of options, benefiting the strategy as long as the underlying security remains above the higher strike price.
Market volatility: Higher levels of volatility can increase option premiums, potentially improving the initial net credit received.
Margin requirements: Some brokers may require a margin account to implement this strategy, as it involves short-selling options.
Risk Management
Risk is a very personal thing, so you will need to determine the maximum loss you are willing to accept for the trade, and then set appropriate stop-loss orders or exit strategies. Consider the potential loss if the underlying asset's price falls below the lower strike price of the spread. If you're new to options trading or want to validate your strategy, consider paper trading or backtesting your bull put spread using historical data. This can help you assess the performance and risk of your strategy under various market conditions before committing real capital.
The bull put spread strategy can be an effective tool for traders who hold a bullish view on a particular stock or market. By combining the sale and purchase of put options, investors can define their risk, reduce capital requirements, and profit in multiple market scenarios. However, it is crucial to thoroughly understand the mechanics, potential risks, and market conditions before implementing this strategy. As with any investment strategy, proper research, risk management, and ongoing monitoring are key to successful implementation.
XAUUSD IS DOING STEP BY STEP BEFORE THE SHORT XAUUSD is showing a bearish trendline that has pushed the price down to the 1925 area. The market has left a significant amount of liquidity/inefficiency between 1930 and 1960, which the price is likely to revisit in the coming days before bouncing back towards the 1960 zone. In that area, we have a supply zone, but there may be a false breakout of the trendline before the price descends to the 1930 zone. This area represents a demand zone and will be our last consolidation zone before initiating a short position with a target of 1880. We would appreciate it if you could share your analysis. Regards, Nicola, CEO of Forex48 Trading Academy.
GBPCAD SHORT SIGNAL - SETUP H1 BEFORE USOn GBPCAD, we have a price at around 1.6885. My entry target is expected in the 1.6894 zone, where we have a supply zone generated within another supply zone. Following the Forex48 strategy, we have our bearish setup. The rebound target in that area is set at 1.6770 with a risk-reward ratio of 1:2. If you'd like, please share your opinion. We would be grateful. Greetings from Nicola, CEO of Forex48 Trading Academy.
CHFJPY SHORT SIGNAL H1 - NEWS WILL BE STRONG On CHFJPY, we have a bearish setup with a price that has reached the 158.40 zone within a weekly supply zone. In this area, it has created a confirmed short setup supported by strong volumes. The short trade objective is around 156.90, where we have high volumes within a demand zone. The yen, which has been weak in recent weeks, could rebound due to upcoming macroeconomic data on Wednesday and Friday. Greetings from Nicola, CEO of Orex48 Trading Academy. If you'd like, please leave a like and share your opinion. We would be grateful.
AUDUSD SHORT TRADE SETUP H1 The AUD/USD pair is showing a strong recovery after a minor correction near 0.6840 during the European session. Investors eagerly await the release of the Reserve Bank of Australia (RBA) minutes and the interest rate decision by the People's Bank of China (PBoC).
Meanwhile, caution prevails as S&P500 futures recorded losses in Asia due to an extended weekend in the United States. Nevertheless, overall market sentiment remains positive, with a widespread belief that the Federal Reserve (Fed) will not raise interest rates more than once by year-end.
The US Dollar Index (DXY) is under pressure, dropping to around 102.30, reflecting growing investor optimism about the US economic outlook. Encouragingly, the University of Michigan's preliminary Consumer Sentiment Index for June surpassed expectations, reaching 63.9 compared to the estimated 60.0 and the previous release of 59.2.
The prevailing market optimism is fueled by declining gasoline prices, which have contributed to a softening of both producer and consumer inflation. Consequently, market participants are confident that the Fed will proceed cautiously with interest rate adjustments, despite Fed Chair Jerome Powell's confirmation of two small rate hikes.
All eyes are now on the upcoming release of the RBA minutes scheduled for Tuesday, as they will provide valuable insights into RBA Governor Philip Lowe's decision to raise interest rates by 25 basis points (bps). Additionally, guidance on future interest rate adjustments will be of utmost importance to investors.
Equally significant is the PBoC's interest rate decision, which is expected to take a dovish stance as the Chinese economy actively stimulates economic activities. It's worth noting that China is Australia's largest trading partner, and an economic recovery in China would strengthen the Australian Dollar.
Stay tuned for the latest developments in this dynamic trading landscape as the AUD/USD pair sets the stage for potential opportunities.
Nicola, CEO of Forex48 Trading Academy
📊 Exploring Basic Options StrategiesOptions are contracts that grant buyers the right, but not the obligation, to buy or sell a security at a predetermined price in the future. Buyers pay a premium for this privilege. If market conditions are unfavorable, option holders can let the option expire without exercising it, limiting potential losses to the premium paid. Options are categorized as "call" or "put" contracts, allowing buyers to purchase or sell the underlying asset at a specified price. Beginner investors can employ various strategies using calls or puts to manage risk, including directional bets and hedging techniques.
🔹 Buying Calls (Long Calls)
Trading options offers advantages for those who want to make a directional bet in the market. It allows traders to buy call options, which require less capital than purchasing the underlying asset, and limits losses to the premium paid if the price goes down. This strategy is suitable for traders who are confident about a specific stock, ETF, or index fund and want to manage risk. Additionally, options provide leverage, enabling traders to amplify potential gains by using smaller amounts of capital compared to trading the underlying asset directly. For example, instead of investing $10,000 to buy 100 shares of a $100 stock, traders can spend $2,000 on a call contract with a strike price 10% higher than the current market price.
🔹 Buying Puts (Long Puts)
Put options provide the holder with the right to sell the underlying asset at a predetermined price before the contract expires. This strategy is favored by traders who hold a bearish view on a specific stock, ETF, or index but want to limit their risk compared to short-selling. It also allows traders to utilize leverage to capitalize on declining prices. Unlike call options that benefit from price increases, put options increase in value as the underlying asset's price decreases. While short-selling also profits from price declines, the risk is unlimited as prices can theoretically rise infinitely. In contrast, if the underlying asset's price exceeds the strike price of a put option, the option simply expires without value.
🔹 Covered Calls
A covered call strategy involves selling a call option on an existing long position in the underlying asset. This approach is different from simply buying a call or put option. Traders who use covered calls expect little or no change in the underlying asset's price and want to collect the option premium as income. They are willing to limit the upside potential of their position in exchange for some downside protection.
🔹 Risk/Reward
A long straddle strategy involves purchasing both a call option and a put option simultaneously. While the cost of a long straddle is higher than buying either a call or put option alone, the maximum potential loss is limited to the amount paid for the straddle. On the other hand, the potential reward is theoretically unlimited on the upside. However, the downside is capped at the strike price. For example, if you own a $20 straddle and the stock price drops to zero, the maximum profit you can make is $20.
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NAS100 SHORT RESISTANCEDear fellow aliens.
Short position on NAS100 RESISTANCE TOUCH
Wait for breakout trendline and retest of broken BoS wick candle. 4hr
TP 1day chart recent highest swing as seen support zone.
RSI MULTIPLE 1D OVERBOUGHT AREAS.
MARKET SENTIMENT BULLISH. Do opposite
Inflation rates probably will decrease so expect xauusd to go bullish. Everyone expects gold to drop, do opposite eliminate retail amateur traders.
comment for 4000 pips scalping strategy for nas100.
mentoring is free . dedication and full time concetration is required.
of course wait NY market open session for best entry.
looking into expand my business for interest only 1000% dedication no guru alike indians fokes or similair.
comment for interest and contact details will be shared.
Nifty Bank - June end ExpiryNifty Bank is bullish currently. The green lines will act as resistance in the upper side and yellow lines will act as support in the lower end. I expect Nifty Bank will not breach the blue line during this month expiry. HDFC bank merger news may act as a bullish catalyst and international economic news may act as an bearish catalyst.
This is only for educational purpose.
Teslas ninja bro - chopping before move to $13.50Tesla, Lucent, Rivian, Nio not too many new names entering the scene in the last year... Nio will boost the worst has been put in. IMO 6 month call options OTM $13 plus should be pretty safe. Lots of potential direct or indirect headline catalysts here through EV, AI, and Tesla tailwinds.
GBPUSD DOUBLE SETUP BEFORE ECB RATESIn April, UK GDP grew by 0.2% m/m, recovering from the previous month's decline of -0.3% m/m. The rebound was driven by the services sector, with services expanding by 0.3% m/m and contributing 0.26 percentage points to overall GDP growth. The wholesale and retail sector, as well as the information and communication sector, made significant contributions. However, manufacturing and the health sector experienced declines. Manufacturing contracted by 0.3% m/m, with the pharmaceuticals sector playing a major role. The construction sector also declined by 0.6% m/m due to a slowdown in housing activity. Overall, UK GDP growth remains relatively stagnant, but PMI surveys indicate increased activity in April and May, especially in services, projecting a 0.3%-0.4% q/q growth rate for Q2. However, the extra bank holiday in May is expected to result in a significant contraction in GDP, potentially impacting the entire second quarter, although the effect on Bank of England policy is expected to be minimal.
Nicola, CEO Forex48 Trading Academy