MSFT Microsoft to 290 by JulyPrice action looks like this could be a cup and handle breaking out through the $165 area. Lots of important economic signals coming in the next 2 week which, if good, could be a boon for markets and especially blue chip technology. MSFT is one of the strongest looking stocks of them right now in my opinion. Out on two closes under $140 looking to see this test $290 area when I would set a hard stop order to $280 and let it ride.
Sydney
☀️MAKING SENSE OF FOREX TRADING SESSIONS🌝
⭐️The Basics
The forex market is open 24 hours a day during the weekdays which allows traders to potentially trade all day and all night.Knowing the forex market’s operating hours is essential for a trader. You need to know when the forex market opens and closes as well as the four main trading sessions.
⭐️Forex Trading Sessions
Just because you can trade the market any time of the day or night doesn't necessarily mean that you should.
The best time to trade is when the market is active with lots of forex traders opening and closing positions, which creates a large volume of trades. The forex market can be broken up into four major trading sessions: the Sydney session, the Tokyo session, the London session, and the New York session.
• Sydney is open from 9:00 pm to 6:00 am UTC
• Tokyo is open from 12:00 am to 9:00 am UTC
• London is open from 7:00 am to 4:00 pm UTC
• New York is open from 1:00 pm to 10:00 pm UTC
⭐️Forex Trading Volume
You can make money trading when the market moves up, and you can make money when the market moves down. But you will have a very difficult time trying to make money when the market doesn't move at all.
In order for the market to move, lots of trades need to occur. And this is why you should focus your energy during specific trading sessions.
The forex trading sessions are named after major financial centers and are loosely based on the local “work day” of traders working in those cities.The more traders…trading, the higher the trading volume, and the more active the market. The more active the market, the tighter the spreads you'll get and the less slippage you'll experience. In a nutshell, you'll get better order execution.
⭐️When is the best time to trade forex?
During the weekdays, there’s always at least one forex trading session open although there are periods of downtime when the market is really quiet and trading volume is low or “thin”. You usually want to avoid trading when only one trading session is open and instead, wait for trading sessions to overlap. When two major financial centers are open, the number of traders actively buying and selling a given currency greatly increases. The highest trading volume occurs during the overlap of the London and New York trading sessions. More than 50% of trading volume occurs at these two financial centers.
⭐️Currency specific sessions
The best time for you to trade forex will depend on which currency pair you’re looking to trade.
Most of the trading activity for a specific currency pair will occur when the trading sessions of the individual currencies overlap. For example, AUD/JPY will experience a higher trading volume when both Sydney and Tokyo sessions are open. And EUR/USD will experience a higher trading volume when both London and New York sessions are open.
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SPX setup 9/23/22Looking for a retracement at this area for rejection and continuation.
No reason for us to move higher than this but if we do the A/S range left a FVG, an -OB, TDO, and the daily open as supply.
Going to be waiting for the times & sales to show the entry. The pass few days NAS has shown all the order flow except for the afternoon entry on SPX.
Projected low from daily fib level
End of the week so the risk will be reduced and no trades will be at a risk of more than 0.25% for the total of all trades entered.
SPX neutral with a bias to the downsideAfter yesterday's drop that hit my 3770 target, we are holding near the weekly lows in discount. On the LTF the buying started in A/S sessions on through London session to take out some on the short term price imbalances.
Last POI was a reaction off of a -FVG that can be seen on the 15m and 1H charts. We will need to see if the fresh +FVG (not noted but its there on the same charts), the A/S session range, the DO, or the TDO holds up, else we continue down for the day. There's even a +OB at the 2:30 candle on the 15m, so I'll definitely be watching out for these +POIs.
The unemployment claim release at 8:30 is a good catalyst for a decision on the move today and that's where I'll be focused in on. The forecast is for higher claims and I am in agreement with that but I'll be patient in my bias.
Terms:
LTF: Lower Time Frame
POI: Point Of Interest
A/S: Asian Sydney session
-FVG: Bearish Fair Value Gap
+FVG: Bullish Fair Value Gap
DO: Daily Open
TDO: True Day Open
+OB:Bullish Order Block
Sydney Lockdown !Technically the chart right now is at the neckline. If the price rejects this neckline, AUD may fall to the minor trendline, maybe deeper to 0.702.
Sydney, Australia, on Saturday night, began a two-week lockdown amid a surge in cases of the COVID-19 Delta variant.
Catalyst:
- Sydney lockdown
- US CB Consumer
- ADP Non-Farm Employment Change
- ISM Manufacturing PMI
- NFP
- US Unemployment Rate
SYD Airport to Land soonIts been quite a challenging time for Sydney for quite some time and good days isn't near anytime soon.
Going by the chart, looks like SYD will dip more to around 5.35 level before bouncing up again.
Also all EMA's are above the price line which is a bearish sign.
Would be interested to see how long will SYD take to Take off.
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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
SYD - Trade PlanMy trading Bias for SYD is Bullish as it has clearly bounced off the lows (Support), with a break and close above the Bearish Trendline coupled with very High Volume . MACD has given a Bullish Cross and RSI has come out of the Oversold region.
TP1 ~ $6.60 (Potential Gain 11%)
TP1 ~ $7.00 (Potential Gain 17%)
Stoploss - $5.40
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
02.07.2020 AUDUSD Sydney Daybreak Idea **** Be carefully because US NFP today !!! ****
AUDUSD Buy Stop @ 0.69323
SL: 0.69023
TP1: 0.69523 (20 pips)
TP2: 0.69718 (39 pips)
AUDUSD Sell Stop @ 0.69023
SL: 0.69323
TP1: 0.68823 (20 pips)
TP2: 0.68673 (35 pips)
Risk management max. 3%
Buy SL = -30 pips ==> 0.01 lot per 100 $/€
Sell SL = -30 pips ==> 0.01 lot per 100 $/€
Disclaimer: This is just a trade idea.
Trade at your own risk.
01.07.2020 AUDUSD Sydney Daybreak Idea
AUDUSD Buy Stop @ 0.69163
SL: 0.68863
TP1: 0.69363 (20 pips)
TP2: 0.69576 (41 pips)
AUDUSD Sell Stop @ 0.68863
SL: 0.69163
TP1: 0.68663 (20 pips)
TP2: 0.68521 (34 pips)
Risk management max. 3%
Buy SL = -30 pips ==> 0.01 lot per 100 $/€
Sell SL = -30 pips ==> 0.01 lot per 100 $/€
Disclaimer: This is just a trade idea.
Trade at your own risk.
29.06.2020 AUDUSD Sydney Daybreak Idea
AUDUSD Buy Stop @ 0.68739
SL: 0.68439
TP1: 0.68939 (20 pips)
TP2: 0.69089 (35 pips)
AUDUSD Sell Stop @ 0.68411
SL: 0.68711
TP1: 0.68211 (20 pips)
TP2: 0.68007 (40 pips)
Risk management max. 3%
Buy SL = -30 pips ==> 0.01 lot per 100 $/€
Sell SL = -30 pips ==> 0.01 lot per 100 $/€
Disclaimer: This is just a trade idea.
Trade at your own risk.
10.06.2020 AUDUSD Sydney Daybreak Idea
AUDUSD Buy Stop @ 0.69743
SL: 0.69413
TP1: 0.69943 (20 pips)
TP2: 0.70195 (45 pips)
AUDUSD Sell Stop @ 0.69413
SL: 0.69743
TP1: 0.69213 (20 pips)
TP2: 0.68990 (42 pips)
Risk management max. 3%
Buy SL = -33 pips ==> 0.01 lot per 200 $/€
Sell SL = -33 pips ==> 0.01 lot per 200 $/€
Disclaimer: This is just a trade idea.
Trade at your own risk.
04.06.2020 AUDUSD Sydney Daybreak Idea AUDUSD Buy Stop @ 0.69395
SL: 0.69095
TP1: 0.69595 (20 pips)
TP2: 0.69811 (42 pips)
AUDUSD Sell Stop @ 0.69095
SL: 0.69395
TP1: 0.68895 (20 pips)
TP2: 0.68668 (43 pips)
Risk management max. 3%
Buy SL = -30 pips ==> 0.01 lot per 100 $/€
Sell SL = -30 pips ==> 0.01 lot per 100 $/€
Disclaimer: This is just a trade idea.
Trade at your own risk.
02.06.2020 AUDUSD Sydney Daybreak Idea
AUDUSD Buy Stop @ 0.68085
SL: 0.67772
TP1: 0.68285 (20 pips)
TP2: 0.68445 (36 pips)
AUDUSD Sell Stop @ 0.67772
SL: 0.68045
TP1: 0.67572 (20 pips)
TP2: 0.67402 (37 pips)
Risk management max. 3%
Buy SL = -31 pips ==> 0.01 lot per 200 $/€
Sell SL = -27 pips ==> 0.01 lot per 100 $/€
01.06.2020 AUDUSD Sydney Daybreak Idea
AUDUSD Buy Stop @ 0.66749
SL: 0.66479
TP1: 0.66949 (20 pips)
TP2: 0.67099 (35 pips)
AUDUSD Sell Stop @ 0.66436
SL: 0.66706
TP1: 0.66236 (20 pips)
TP2: 0.66076 (36 pips)
Risk management max. 3%
Buy SL = -27 pips ==> 0.01 lot per 100 $/€
Sell SL = -27 pips ==> 0.01 lot per 100 $/€
28.05.2020 AUDUSD Sydney Daybreak Idea
28.05.2020 AUDUSD Sydney Daybreak Idea
AUDUSD Buy Stop @ 0.66324
SL: 0.66024
TP1: 0.66524 (20 pips)
TP2: 0.66714 (39 pips)
AUDUSD Sell Stop @ 0.66024
SL: 0.66324
TP1: 0.65824 (20 pips)
TP2: 0.65544 (48 pips)
Risk management max. 3%
Buy SL = -30 pips ==> 0.01 lot per 100 $/€
Sell SL = -30 pips ==> 0.01 lot per 100 $/€
27.05.2020 AUDUSD Sydney Daybreak Idea
27.05.2020 AUDUSD Sydney Daybreak Idea
AUDUSD Buy Stop @ 0.66633
SL: 0.66333
TP1: 0.66833 (20 pips)
TP2: 0.66995 (36 pips)
AUDUSD Sell Stop @ 0.66333
SL: 0.66633
TP1: 0.66133 (20 pips)
TP2: 0.65933 (40 pips)
Risk management max. 3%
Buy SL = -30 pips ==> 0.01 lot per 100 $/€
Sell SL = -30 pips ==> 0.01 lot per 100 $/€
26.05.2020 AUDUSD Sydney Daybreak Idea
26.05.2020 AUDUSD Sydney Daybreak Idea
AUDUSD Buy Stop @ 0.65584
SL: 0.65284
TP1: 0.65784 (20 pips)
TP2: 0.65914 (33 pips)
AUDUSD Sell Stop @ 0.65284
SL: 0.65584
TP1: 0.65084 (20 pips)
TP2: 0.64944 (34 pips)
Risk management max. 3%
Buy SL = -30 pips ==> 0.01 lot per 100 $/€
Sell SL = -30 pips ==> 0.01 lot per 100 $/€
25.05.2020 AUDUSD Sydney Daybreak Idea
25.05.2020 AUDUSD Sydney Daybreak Idea
AUDUSD Buy Stop @ 0.65542
SL: 0.65241
TP1: 0.65742 (20 pips)
TP2: 0.65932 (39 pips)
AUDUSD Sell Stop @ 0.65241
SL: 0.65542
TP1: 0.65041 (20 pips)
TP2: 0.64894 (35 pips)
Risk management max. 3%
Buy SL = -30 pips ==> 0.01 lot per 100 $/€
Sell SL = -30 pips ==> 0.01 lot per 100 $/€
22.05.2020 AUDUSD Sydney Daybreak Idea
22.05.2020 AUDUSD Sydney Daybreak Idea
AUDUSD Buy Stop @ 0.65830
SL: 0.65530
TP1: 0.66030 (20 pips)
TP2: 0.66157 (32 pips)
AUDUSD Sell Stop @ 0.65530
SL: 0.65830
TP1: 0.65330 (20 pips)
TP2: 0.65206 (32 pips)
Risk management max. 3%
Buy SL = -30 pips ==> 0.01 lot per 100 $/€
Sell SL = -30 pips ==> 0.01 lot per 100 $/€
15.05.2020 AUDUSD Sydney Daybreak Idea
15.05.2020 AUDUSD Sydney Daybreak Idea
AUDUSD Buy Stop @ 0.64712
SL: 0.64412
TP1: 0.64912 (20 pips)
TP2: 0.65081 (37 pips)
AUDUSD Sell Stop @ 0.64412
SL: 0.64712
TP1: 0.64212 (20 pips)
TP2: 0.64047 (37 pips)
Risk management max. 3%
Buy SL = -30 pips ==> 0.01 lot per 100 $/€
Sell SL = -30 pips ==> 0.01 lot per 100 $/€
14.05.2020 AUDUSD Sydney Daybreak Idea
14.05.2020 AUDUSD Sydney Daybreak Idea
AUDUSD Buy Stop @ 0.64672
SL: 0.64372
TP1: 0.64872 (20 pips)
TP2: 0.65002 (33 pips)
AUDUSD Sell Stop @ 0.64372
SL: 0.64672
TP1: 0.64172 (20 pips)
TP2: 0.63992 (38 pips)
Risk management max. 3%
Buy SL = -30 pips ==> 0.01 lot per 100 $/€
Sell SL = -30 pips ==> 0.01 lot per 100 $/€
13.05.2020 AUDUSD Sydney Daybreak Idea
13.05.2020 AUDUSD Sydney Daybreak Idea
AUDUSD Buy Stop @ 0.64928
SL: 0.64628
TP1: 0.65128 (20 pips)
TP2: 0.65275 (35 pips)
AUDUSD Sell Stop @ 0.64628
SL: 0.64928
TP1: 0.64428 (20 pips)
TP2: 0.64242 (38 pips)
Risk management max. 3%
Buy SL = -30 pips ==> 0.01 lot per 100 $/€
Sell SL = -30 pips ==> 0.01 lot per 100 $/€
12.05.2020 AUDUSD Sydney Daybreak Idea
12.05.2020 AUDUSD Sydney Daybreak Idea
AUDUSD Buy Stop @ 0.65024
SL: 0.64724
TP1: 0.65224 (20 pips)
TP2: 0.65425 (40 pips)
AUDUSD Sell Stop @ 0.64724
SL: 0.65024
TP1: 0.64524 (20 pips)
TP2: 0.64350 (37 pips)
Risk management max. 3%
Buy SL = -30 pips ==> 0.01 lot per 100 $/€
Sell SL = -30 pips ==> 0.01 lot per 100 $/€