XAUUSD 100% CONFIRM ANALYSISDiscover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Trading-signals
NIFTY: Bullish Volume Signals Potential Move to Touch 1000 Point
Title:
NIFTY: Bullish Volume Signals Potential Move to Touch 1000 Points Top
Overview:
Hello Traders,
NIFTY is poised for a potential move to touch the 1000 points top, with bullish volume supporting the upward momentum.
NSE:NIFTY
Key Points:
- NIFTY is exhibiting strong bullish volume, indicating significant buying interest and reinforcing the bullish bias.
- Traders are eyeing a potential move for NIFTY to touch the 1000 points top, supported by the current bullish momentum in the market.
- Positive market sentiment and favorable economic conditions further bolster the outlook for NIFTY's upward trajectory.
Technical Analysis:
NIFTY's price chart reflects a bullish stance, with price action showing signs of upward momentum and potential for further gains. Technical indicators confirm the bullish bias, suggesting a favorable environment for long positions.
Conclusion:
With NIFTY displaying strong bullish volume and poised for a potential move to touch the 1000 points top, traders may consider adopting a bullish stance. However, it's essential to remain vigilant and monitor price action closely for confirmation of the upward trend continuation.
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SILVER Technical Analysis! SELL!
My dear friends,
SILVER looks like it will make a good move, and here are the details:
The market is trading on 23.361 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 23.033
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
NATGAS Trading Opportunity! SELL!
My dear friends,
NATGAS looks like it will make a good move, and here are the details:
The market is trading on 1.836 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.653
Recommended Stop Loss - 1.929
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURUSD Set To Fall! SELL!
My dear subscribers,
EURUSD looks like it will make a good move, and here are the details:
The market is trading on 1.0874 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0817
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
SILVER Massive Long! BUY!
My dear friends,
My technical analysis for SILVER is below:
The market is trading on 22.719 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 23.082
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
USDCAD Technical Analysis! SELL!
My dear followers,
This is my opinion on the USDCAD next move:
The asset is approaching an important pivot point 1.375
Bias - Bearish
Safe Stop Loss - 1.3598
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.3528
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
RUMINATION IN TRADING👋 Hello, Forex traders!
Let's talk about rumination in trading. What is rumination? Rumination in trading is the process of going over previous trades and market situations in your head. Trying to understand what went wrong and to think of a better way of doing things. In "moderate doses" it is analysis. But when a person thinks about it all the time and in a negative way, analysis turns into mania and "self-beating" for mistakes made.
Differences Between Rumination and Analysis ❓
Analysis is an essential part of learning to trade. It involves fixing all actions in a table editor, on paper, or uploading history from the platform. Traders analyze their best and worst moments, identify mistakes, changes in risk level, and successful trades. They also look for ways to optimize their trading system. Rumination, on the other hand, is obsessive thinking with an emphasis on the negative. It involves constant "chewing" of negative moments without searching for a solution. A stock or crypto you bought went down sharply, and all your thoughts are occupied with why it happened and how to fix it.
Rumination in trading is the habit of endlessly worrying about and analyzing your trades, mistakes, losses or missed opportunities. It can lead to negative thinking, pessimism, depression, anxiety, impulsiveness and inactivity. Rumination prevents a trader from focusing on the present and the future and following his trading strategy and discipline. Rumination, instead of analyzing, improving and solving a problem, only makes the situation worse.
Causes of Rumination in Trading 📋
• Lack of confidence. A trader who is insecure is constantly trying to look for mistakes in his previous trades to justify his failures.
• Fear of failure. A trader who is afraid of losing money is constantly running through possible failure scenarios in his head to try to avoid them.
• Striving for perfection. A trader who strives for perfection is constantly trying to find ways to improve his or her results, even if they are already quite consistent with expectations.
Consequences of Rumination in Trading ⭕️
• Decreased trading efficiency. A trader who is constantly replaying past trades in his head cannot focus on the present and make the right decisions.
• Loss of money. Rumination can lead to impulsive trading decisions that can lead to losses.
• Mental Distress. Constantly running negative thoughts through your head can lead to stress, anxiety, and even depression.
How To Avoid Rumination In Trading ✅
1. Set limits on the time you spend analyzing past trades.
2. Focus on what you can control.
3. Develop positive thinking and self-esteem.
4. Determine your trading goals, rules, risks, and plans in advance and stick to them.
5. Keep a trading diary where you record your trades, results, mistakes, lessons learned, and emotions.
6. Limit the time spent analyzing charts, news, and forums.
7. Take time away from trading, pursue other interests, hobbies, friends, and family.
8. Find ways to relax and de-stress: meditation, sports, music, reading, etc.
9. Mentally prepare yourself for the worst-case scenario before entering a trade.
10. Every night before you go to bed, think of three good things that happened to you during the day.
Example ✍️
You buy EURUSD with the expectation of growth. But there is a downside risk. Prepare yourself mentally for the fact that there are all the prerequisites for the fall of the pair, and you are ready to accept losses. If the price has reached the stop loss, take it with the thought "It is good that it is so, otherwise you could have lost even more" and go to rest. Ask yourself: what is the worst that can happen and how can I deal with it?
In conclusion , rumination in trading can be detrimental to a trader's success. By understanding the differences between rumination and analysis, identifying causes, and implementing strategies to avoid rumination, we can improve our mental well-being and trading performance.
Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment
SILVER Massive Short! SELL!
My dear followers,
This is my opinion on the SILVER next move:
The asset is approaching an important pivot point 23.128
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 22.875
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EURUSD Will Explode! BUY!
My dear followers,
I analysed this chart on EURUSD and concluded the following:
The market is trading on 1.0815 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.0828
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GBPUSD What Next? SELL!
My dear subscribers,
This is my opinion on the GBPUSD next move:
The instrument tests an important psychological level 1.2689
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.2636
My Stop Loss - 1.2713
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
GBPCHF The Target Is UP! BUY!
My dear friends,
GBPCHF looks like it will make a good move, and here are the details:
The market is trading on 1.1134 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.1157
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
GOLD A Fall Expected! SELL!
My dear subscribers,
My technical analysis for GOLD is below:
The price is coiling around a solid key level - 2048.7
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal -2032.0
My Stop Loss - 2057.1
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
GBPAUD Technical Analysis! BUY!My dear subscribers,
This is my opinion on the GBPAUD next move:
The instrument tests an important psychological level 1.9429
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.9469
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
GBPJPY Buyers In Panic! SELL!
My dear friends,
Please, find my technical outlook for GBPJPY below:
The instrument tests an important psychological level 191.21
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 190.13
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
EURUSD What Next? BUY!
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.0813 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.0828
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
CHFJPY Trading Opportunity! SELL!
My dear friends,
CHFJPY looks like it will make a good move, and here are the details:
The market is trading on 171.22 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 170.72
Recommended Stop Loss - 171.51
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
GBP/AUD SHORT TRADEAt a major resistance zone. supply area
great risk to reward setup.
i would wait for pre london session for a more clear reversal patter as we can still easily break above. entering now would present the best risk to reward setup. but the probablity is not as high as we can get later on before london session.
1:7 risk to reward
CADJPY On The Rise! BUY!
My dear subscribers,
This is my opinion on the CADJPY next move:
The instrument tests an important psychological level 111.01
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 111.44
My Stop Loss - 110.73
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
AUDJPY Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for AUDJPY below:
The price is coiling around a solid key level - 97.891
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 98.312
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
USDJPY Massive Long! BUY!
My dear followers,
This is my opinion on the USDJPY next move:
The asset is approaching an important pivot point 150.25
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 150.41
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GOLD My Opinion! SELL
My dear friends,
Please, find my technical outlook for GOLD below:
The price is coiling around a solid key level - 2034.9
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 2020.8
Safe Stop Loss - 2041.9
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK