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Supply Zone

SWING TRADING: SELL LIMIT ORDER FOR USDJPY. TARGET 129.550TRADE TYPE: SELL LIMIT TRADE DIRECTION: SHORT TIMEFRAME: 4H ENTRY PRICE: 131.660 STOP LOSS: 133.100 TAKE PROFIT: 129.550 RISK TO REWARD: 1:1 ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high Follow this thread for any future updates regarding this specific trade. CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
Short
by FX618Analysis
I shorted this baby without telling my VIPs!These are Class C- trades. I design a Class system to differentiate trading setups and their value. Indeed, I do not trade Class C most of the time, but I do trade them occasionally. Class C generally don't produce a profit factor of 2 for my final target, so why do I still do it? Boredom? Maybe Like to earn some money? Maybe Seek Trill? NO WAY Trill seeking I'll do over my PlayStation, VR headset(wishlist) or Casino. I treat trading as a profession, not gambling!
Short
by RaynLim
4
Analysis of US30 by SMC strategyAnalysis of US30 by SMC strategy. There are 2 possibilities at this moment from my point of view on US30. The first is to reach the first supply area and react from that point or to reach the 2nd supply area to react from there As a target/take profit, we have the liquidity area formed by the price area of 3950 Personally, I will set an alert in both supply zones and see how the ptree reacts, if there will be a continuous movement from the first supply zone or if it will react from that point. Personally, I strongly believe that the price will react from the 2nd supply, but no one can confirm this.
UShort
by UnknownUnicorn31584410
Pre Market Levels are CRITICAL in Day Trading 10X Gains For MeCME_MINI:ES1! AMEX:SPY NASDAQ:QQQ CME_MINI:NQ1! NASDAQ:TSLA I wanted to share a basic strategy I've been using that has helped me increase my profitability almost 10X Most people don't know that when the regular trading hours (RTH) markets are closed, the futures markets are running Generally overnight action during the pre market will set a clear high and a clear low. Those key pivots are hidden support and resistance that you WILL NOT see on the normal chart. Strategy 1 - Draw the Pre Market High/Low 2 - Use the Fibonacci tool in the direction of the overnight action either Bullish or Bearish 3 - Use the 0.618 Level as the KEY Algo level where you BUY THE DIP or SELL THE RIP 4 - Rinse and repeat - Always have a stop loss at the last major pivot and scale out profits over 25% Here is a more complete video guide from a trade I took last week: www.youtube.com
CME_MINI:ES1!Education
by tradingwarzone
3
Is XOM a sell for the rest of this week? $110 or below?I have been patiently waiting for a break above $114.16 on XOM. (Typically very even level resistance and support levels are great traps to reverse us the opposite direction of the initial breakout) When we got it we immediately fell below on the retest, leading me to believe this is a false breakout to trap buyers from more volume based on earnings. Additionally, once we started selling above $117, we reclaimed the zone and retested earlier this morning and immediately rejecting all the way back down o $113. If the potential lower high is at $115.84 and can stay under $116, I think there's room to $110 or below. Fed day is over, have we already had our fun for this week?
NYSE:XOMShort
by Macks_MoneyTree
SWING TRADING: EURUSD BUY LIMIT ORDER. TARGET 1.09190TRADE TYPE: BUY LIMIT ORDER TRADE DIRECTION: LONG TIMEFRAME: 4H ENTRY PRICE: 1.08700 STOP LOSS: 1.08220 TAKE PROFIT: 1.09190 RISK TO REWARD: 1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low Follow this thread for any future updates regarding this specific trade. CAUTION: Trading outcome is Probability Based and could wipe out your account if risk management and strategy is not followed properly. Cheers
Long
by FX618Analysis
1
SWING TRADING: USDCAD BUY LIMIT ORDER. TARGET 1.35670TRADE TYPE: BUY LIMIT TRADE DIRECTION: LONG TIMEFRAME: DAILY ENTRY PRICE: 1.34380 STOP LOSS: 1.33100 TAKE PROFIT: 1.35670 RISK TO REWARD: 1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low. Follow this thread for any future updates regarding this specific trade. CAUTION: Trading is a Probability Game and could wipe out your account if risk management and strategy is not followed properly. Cheers
Long
by FX618Analysis
1
Week of 1/30: AAPL Supply and Demand LevelsFor those trading AAPL this week, earnings are this Thursday. I have supply at $146.60-$147.25, if we break above this zone I will look for a retest of this level to go long. I'm looking for $143.30-$144 to serve as our demand zone. Otherwise, there is a gap to fill to $141.87 on the 5m chart (not shown). Left Chart Indicators: 15 minute - 9 SMA: Yellow - 200 SMA: Red - VWAP: Blue Right Chart Indicators: 1 hour - 9 SMA: Yellow - 50 SMA: Green - VWAP: Blue
NASDAQ:AAPL
by Macks_MoneyTree
Week of 1/30: SPY Supply and Demand LevelsI'm expecting a retest of supply around $407-$408.20. Otherwise, I'll be expecting a retest of the broken $403-$404 supply. If we start to reject and stay under this 2nd level, I'll be waiting for $400. If we can hold and break above $408.60 next week, I think the next stop is to retest $410, where we are likely to face some strong resistance. Left Chart Indicators: - 9 SMA: Yellow - 200 SMA: Red - VWAP: Blue Right Chart Indicators: - 9 SMA: Yellow - 50 SMA: Green - VWAP: Blue
AMEX:SPY
by Macks_MoneyTree