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EURAUD Trading Opportunity! SELL! My dear followers, I analysed this chart on EURAUD and concluded the following: The market is trading on 1.6503 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.6367 Safe Stop Loss - 1.6574 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. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
Comparing Full Time Trading and Full Time Job Hey traders, In this educational article, we will compare full-time trading and full-time job . THE MONEY And I guess, the essential thing to start with is the money aspect. Full-time job guarantees you a stable month-to-month income with the pre-arranged bonuses. In contrast, trading does not give any guarantees. You never know whether a current trading month will be profitable or not. Of course, the average annual earnings of a full-time trader are substantially higher than of an employee. However, you should realize the fact that some trading periods will be negative, some will be around breakeven and only some will be highly profitable. Sick-leave & Vacations In addition to a stable salary, a full time job usually offers a paid sick-leave and vacation , while being a full-time trader, no one will compensate you your leaves making the position of an employee much more sustainable. Office Being an employee, you usually work in an office with the fixed working hours . Taking into consideration that people often spend a quite substantial time to get to work and then to get home, a full-time job typically consumes at least 10 hours, not leaving a free-time. In contrast, full-time traders are very flexible with their schedule . Even though they often stick to a fixed working plan, they spend around 3-4 hours a day on trading. All the rest is their free time, that they can spend on whatever they want. Moreover, traders are not tied to their working place. They can work from everywhere, the only thing that they need is their computer and internet connection. No Boss Traders normally work alone. The main advantage of that is the absence of a subordination . You are your own boss and you follow your own rules. However, such a high level of freedom breeds a high level of personal responsibility . We should admit the fact that not every person can organize himself. In addition to that, working alone implies that you are not building social connections and you don't have colleagues. Being an employee, you are the part of a hierarchy . You usually have some subordinates, but you have a supervisor as well. You are constantly among people, you build relationships, and you are never alone. There is a common bias among people, that full time trading beats full time job in all the aspects. In these article, I was trying to show you that it is not the fact. Both have important advantages and disadvantages . It is very important for you to completely realize them before you decide whether you want to trade full time or have a full time job.
OANDA:XAUUSDEducation
by VasilyTrader
1
SPY What Next? BUY! My dear subscribers, This is my opinion on the SPY next move: The instrument tests an important psychological level 571.04 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 - 577.68 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. ——————————— WISH YOU ALL LUCK
AMEX:SPYLong
by AnabelSignals
2
EURUSD My Opinion! BUY! My dear friends, Please, find my technical outlook for EURUSD below: The price is coiling around a solid key level - 1.0831 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.0853 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
S&P 500 Daily Chart Analysis For Week of Nov 1, 2024Technical Analysis and Outlook: During the current trading session, the S&P 500 index exhibited considerable weakness by completing the Inner Index Dip at 5733, in conjunction with the Mean Support level of 5798, while leaving the gap by not reaching the secondary Mean Support level of 5700. This development of fulfilling the gap will likely stimulate a significant rebound toward the Mean Resistance level of 5775, with the possibility of further extension. The 5700 support level is critical for facilitating a primary recovery and advancing into the subsequent phase of the bullish trend. However, it is imperative to acknowledge that achieving and penetrating the 5700 level could instigate a downward spiral in price action to Mean Sup 5620.
SP:SPX
by TradeSelecter
EUR/USD Daily Chart Analysis For Week of Nov 1, 2024Technical Analysis and Outlook: The Eurodollar surpassed our Mean Resistance level of 1.083 during this week's trading session, demonstrating enough strength to initiate a robust interim rebound. However, ongoing selling pressure has pushed the Eurodollar back down to our Mean Support level of 1.083, which now acts as the inverse of the previous resistance. The Euro will likely decline further, potentially hitting the Inner Currency Dip of 1.075 through Mean Support at 1.078. This price action will be significant and trigger an interim rebound to the newly established Mean Support level of 1.082.
by TradeSelecter
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Nov 1, 2024Technical Analysis and Outlook: According to the analysis of the Bitcoin Daily Chart for October 25, the "Interim Rebound" in Bitcoin has successfully concluded the Main Inner Coin Rally at 73300. It has subsequently retraced to the support level of 69400. This level represents the inverse of the previously completed Inner Coin Rally at 69400. We anticipate initiating a primary rebound, which is expected to support a recovery that will retest the Key Resistance at 73200. This movement will align with the completion of the Main Inner Coin Rally at 73300 and may lead to further progression into the next phase of the bullish trend, designated as the Next Inner Coin Rally at 78500 and beyond. Conversely, we project a potential additional pullback to satisfy the criteria of the newly established Inner Coin Dip at 66200.
BITSTAMP:BTCUSD
by TradeSelecter
ETHUSD Is Bearish! Short! Take a look at our analysis for ETHUSD. Time Frame: 17h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 2,518.27. The above observations make me that the market will inevitably achieve 2,238.74 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
OANDA:ETHUSDShort
by SignalProvider
1
GBPUSD Is Very Bearish! Sell! Please, check our technical outlook for GBPUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.291. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.287 level soon. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBPJPY Is Going Down! Short! Here is our detailed technical review for GBPJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 197.624. Considering the today's price action, probabilities will be high to see a movement to 191.203. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1