Trades
GOLD - Looking for a right shoulder?Looking at gold we can see a possible pullback into the marked zones after the breakout of the uptrend as seen. Watch closely early on in the week to see how it all unfolds.
If we create a pullback we could see a Head and Shoulders formation which could indicate a possible trade.
AUDNZD LONGLooking for a short and long term buy on AUDNZD with target 1 being approximately 1.045 with a tight 20-30 pip stop from the current price and target 2 being 1.08 area with wider stop (smaller positions advised for this one, payout will be larger anyway). Rejection of rising trend and previous lows.
STORM/BTC potential 900%This trade is for the lazy long therm traders that like to make a lot of money.
Buy-in: 14-16 BTC
Next support: 11-13
Targets:
(1) 19 |Hit 19-Oct. (+36%)
(*) 21 |Hit 7-Nov. (+50%)
(2) 22 |Hit 22-Nov. (+57%)
(*) 25 |Hit 25-Nov. (+78%)
(3) 26
(4) 28
(5) 31
(6) 37
(7) 46
(8) 51
(9) 56
(10) 63
(11) 75
(12) 84
(13) 94
(14) 125
(15) 145
Profits potential: 935%
(Buy-in calculated at 14)
Stop-loss: Close weekly below 10
Capital allocation: <10%.
Let's make some MONEY
best regards,
Siebe Roeleveld
BTC SHORTS DAILYI am expecting increase in the price of COINBASE:BTCUSD ,
We are seeing an inverse head & shoulders on the 1H & 4H.
Might see a retrace to the 80** levels, then drop down again,
and BITFINEX:BTCUSDSHORTS go back up again.
Hope that my idea is wrong, and price keeps increasing & shorts go even lower ! !
This is not a financial advice, please invest carefully.
QUALITY OVER QUANTITY. And this is quality!There is a common problem people have, they see a set-up because it "sort-of" fits their strategy and take the trade. This is because people encounter FOMO (Fear of missing out).
The markets will continue to play out long after any of us are still alive. There are endless opportunities, so why take any old trade? Always choose the best QUALITY trades over LOTS of trades!
You will only be successful when you take quality trades. Even if your trade looses and you look back and can say to yourself "Ahh well its one loss, I did everything I could to my full potential it didn't work out.I'll Move on"
There is an opportunity presenting it's self soon here I think, but in the opposite direction I am fundamentally driven. So I move on, if it goes where I expect without me, that's fine. At least I can look back and be glad I didn't go against myself just to be in the market.
This is a big part of the Psychology trades always talk about. I'll go further into detail in the future but for now stay away from poor trades.
QUALITY over QUANTITY always!
Go get it!
ATOM/BTC trade idea (Bullish)Hello everyone, today I'm sharing with you my ATOM/BTC idea.
First of all, I'm quite bullish on Cosmos on the long term.
According to me its fundamentals are strong, but for now let's stick to my short-term idea:
- ATOM/BTC is ranging inside an ascending channel (bearish pattern)
- We can expect a retracement in the coming days.
- This retracement should be a nice entry;here's why:
* Fibonacci 61.8
* quite a big liquidity zone
Good probability to bounce from here.
Entry ~ 4055 - 3820
TP 5040
SL 3190
A very simple setup
Have a nice day!
EURUSD H4 Daily & BeyondHey all,
We entered our EURUSD short trade at 1.11567 ( +51pips floating profit at the time of this post)
Taking a deeper look into the H1 & H4 charts we see the potential for a third test on the upper trendline.
With this in mind, we decided to lock in our profits with our SL at 1.11234
We are watching for confirmations in consideration for a long play from current prices to around the 1.1139 area for another short entry and a long profit of 40ish pips.
Waiting for confirmations.
Long term we still see the 1.105 area as our target.
ADABTC Potential Trade Set Up! Hello Traders!
Welcome to another update,
Today’s chart will be on ADABTC pairings, potential trade setup
Points to consider
- Trend recently putting in higher lows
- Price tested major resistance - .618 Fibonacci Level
- RSI testing upwards trend line
- Stochs showing upwards momentum
- EMA’s giving price support
- Volume increasing, above average
- Potential Bull flag formation
ADA has recently experience an increase in bullish volume which pushed price to test local resistance being the .618 Fibonacci Level, where it was then rejected and starting consolidating in a small range…
The EMA’s have been holding price as support whilst a bull flag formation comes to fruition right under the local resistance. The extrapolated target for this bull flag will push ADA to next upper level resistance.
The RSI indicator is currently respecting it’s upwards trend, which is quite bullish unless broken. Similarly the Stochastics is also showing bullish signs as it projects momentum upwards…
A break bullish break from this formation will make ADA retest the .618 Fibonacci resistances, if volume increases upon this break; it is more probable that ADA will continue its bullish trend, putting in another higher low…
What are your thoughts on ADA’s potential bull flag? Please leave a like a comment
And remember
“Do not anticipate and move without market confirmation—being a little late in your trade is your insurance that you are right or wrong.” -Jesse Livermore