Unlock Your Trading Potential: How to Design the Perfect Trading
Morning Trading Family
Ever wonder how the pros keep getting better? It's all about the journal! Join me in this video where I spill the beans on setting up your own trading journal that'll skyrocket your learning curve.
We'll go through how to record each trade like a pro, capturing not just the when and where, but the why. I'll share simple methods to make your journal entries meaningful and insightful. Check out a real-life example from my journal, where I share not just the trades but the feelings behind them. Learn to spot the patterns in your trading - the good, the bad, and the ugly.
Whether you're just starting out or you've been trading for years, this video is your roadmap to personal growth in the trading world. I'll show you how a few minutes each day can transform your trading strategy. Drop your thoughts, questions, or your own journaling hacks in the comments!
Kris/Mindbloome Exchange
Trade What You See
Trading
EURUSD Trading Opportunity! SELL!
My dear subscribers,
This is my opinion on the EURUSD next move:
The instrument tests an important psychological level 1.0392
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 - 1.0334
My Stop Loss - 1.0428
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
BTCUSD Set To Fall! SELL!
My dear friends,
My technical analysis for BTCUSD is below:
The market is trading on 10463 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 10112
Recommended Stop Loss - 10678
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
ISRG Intuitive Surgical Options Ahead of EarningsIf you haven`t bought ISRG before the rally:
Now analyzing the options chain and the chart patterns of ISRG Intuitive Surgical prior to the earnings report this week,
I would consider purchasing the 595usd strike price Calls with
an expiration date of 2025-2-21,
for a premium of approximately $19.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
SILVER SHORT FROM RESISTANCE
Hello, Friends!
Bearish trend on SILVER, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 29.300.
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GBP/USD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
GBP/USD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 4H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.212 area.
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Gold hits key resistanceMarkets are focused on the policies of US President Donald Trump, who took office on Monday. Bloomberg reported: “Trump’s policies have caused volatility in markets, traders are heeding warnings about currencies...
Trump announced plans to impose tariffs of up to 25% on products imported from Mexico and Canada by February 1. He also promised to accelerate US energy development and lift restrictions on oil drilling in most of the US coast.
Asian and European stock markets traded mixed overnight. US stock indexes are expected to open higher and hit two-week highs when trading in New York begins.
In key overseas markets, Nymex crude oil futures fell sharply, trading around $76.00 a barrel. The yield on the benchmark 10-year US Treasury note is currently at 4.582%. There is no major US economic data due on Tuesday.
Technically, the February gold futures are tilted to the upside, giving the short-term bulls an advantage. The buyers’ objective is to push the price above the key resistance at the December high of $2,761.30. Conversely, the sellers want to push the price below the strong support at $2,650.00.
Nightly $SPX / $SPY Predictions for 1.21.2024🔮
📅 Tue Jan 21
🗓️ Day 2
📍 WEF Annual Meetings
📅 Wed Jan 22
🗓️ Day 3
📍 WEF Annual Meetings
📅 Thu Jan 23
🗓️ Day 4
📍 WEF Annual Meetings
⏰ 8:30am
📊 Unemployment Claims: 220K (prev: 217K)
⏰ 11:00am
🛢️ Crude Oil Inventories: -2.0M
📅 Fri Jan 24
🗓️ Day 5
📍 WEF Annual Meetings
⏰ 9:45am
📊 Flash Manufacturing PMI: 49.4
📊 Flash Services PMI: 56.8
⏰ 10:00am
📊 Existing Home Sales: 4.19M (prev: 4.15M)
📊 Revised UoM Consumer Sentiment: 73.2
💡 Market Insights:
📈 GAP ABOVE HPZ:
On a gap up, we will get pinned down at HPZ back into the EEZ.
📊 OPEN WITHIN EEZ:
A lot of resistance overhead. Markets should cool down after the gaps from last week. Small rally into fade downwards.
📉 GAP BELOW HCZ:
We will likely get a small bounce and hold.
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
EUR/USD Looks to Build on Gains Amid Trump's Emergency Declara..EUR/USD Looks to Build on Gains Amid Trump's Emergency Declaration
The EUR/USD currency pair concluded the previous week on a high note, defying the bearish trend that had been in full swing until the 1.0177 level. As the new trading week began, the market's momentum shifted in favor of the EUR, propelled by a strong bullish impulse that left the US Dollar (USD) reeling.
The opening salvo of the week saw the Greenback come under intense pressure, as investors grappled with the prospect of President Trump declaring a national emergency soon after taking office. The uncertainty surrounding this development has weighed heavily on the USD, allowing the EUR to gain traction and hold its ground.
From a technical perspective, market analysts are eyeing a potential correction of the trend, with a possible retracement target of 1.0500 on the horizon. This development could signal a significant shift in the market's dynamics, as investors reassess their positions and adjust to the changing landscape.
As the situation unfolds, one thing is certain: the EUR/USD pair will be closely watched in the coming days as market participants navigate the complex web of economic and political factors at play. Will the bullish momentum continue, or will the USD find its footing and push back against the EUR's gains? Only time will tell.
✅ Please share your thoughts about EUR/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
GBP/USD: Pound Sterling Bounces Back as Market Sentiment ShiftsThe Pound Sterling (GBP) is showing resilience at the start of the week, bouncing back against its major peers. This surge can be attributed to multiple factors, with a notable influence from the recent developments in the UK government bond market. As the market digests the weak UK Retail Sales data for December, there has been a notable uptick in demand for UK gilts, signaling confidence among investors despite the bleak economic indicators.
At the same time, the broader market is experiencing heightened interest in risk assets as anticipation builds around U.S. President-elect Donald Trump's upcoming inauguration. This event has been a focal point for traders, leading to a reassessment of positions across various currencies, including the GBP.
From a technical analysis perspective, the Pound appears to be finding support at a crucial demand zone, indicating a potential rebound. If this area holds, it could signal a retracement that may provide traders with an attractive opportunity to enter long positions. This should be monitored closely, as price action around this demand area can reveal market sentiment and lead to further buying pressure.
Looking ahead, the next key event to influence GBP's trajectory is the release of UK employment data for the three months ending in November, set to be published on Tuesday. Investors will be keenly analyzing this data to gauge the health of the UK labor market in the face of ongoing economic challenges. Positive results could further bolster the Pound's position, while disappointing figures may lead to a recalibration of expectations.
As traders position themselves ahead of these economic releases, we are particularly bullish on the Pound Sterling. If the UK employment figures align positively with market expectations, it could fuel further momentum, allowing the GBP to extend its gains in the upcoming sessions. For those looking to capitalize on the potential upswing, a long position in GBP seems to be a prudent strategy, as the current technical setup and changing market dynamics suggest an advantageous window for entry.
In summary, the Pound's recent bounce is a product of both technical factors and broader market sentiment. With critical economic releases on the horizon, traders should remain vigilant and prepared to respond to evolving conditions as they unfold.
✅ Please share your thoughts about GBP/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
DXY Will Move Higher! Buy!
Here is our detailed technical review for DXY.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 109.412.
Considering the today's price action, probabilities will be high to see a movement to 110.871.
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.
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GOLD Is Bullish! Long!
Take a look at our analysis for GOLD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 2,706.25.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2,790.68 level.
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.
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GBP/JPY Short, NZD/JPY Long, USD/CAD Short and CHF/JPY ShortGBP/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/JPY Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
USD/CAD Short
Minimum entry requirements:
• If tight 15 min continuation forms, 5 min risk entry within it, or reduced risk entry on the break of it.
CHF/JPY Short
Minimum entry requirements:
• Corrective tap into area of value 1.
• 4H risk entry.
Minimum entry requirements:
• Tap into area of value 2.
• 1H impulse down below area of value 2.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NQ1! BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
NQ1! is making a bearish pullback on the 9H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 21,655.25 level.
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AUD_USD WILL FALL|SHORT|
✅AUD_USD will be retesting a resistance level of 0.6300 soon
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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GBPNZD Massive Long! BUY!
My dear friends,
Please, find my technical outlook for EUR/USD below:
The instrument tests an important psychological level 2.1703
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 - 2.1748
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
GBPUSD What Next? SELL!
My dear followers,
This is my opinion on the GBPUSD next move:
The asset is approaching an important pivot point 1.2291
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 - 1.2216
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
GBPJPY Is Very Bullish! Long!
Here is our detailed technical review for GBPJPY.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 190.065.
Considering the today's price action, probabilities will be high to see a movement to 191.727.
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!
EURCAD A Fall Expected! SELL!
My dear friends,
EURCAD looks like it will make a good move, and here are the details:
The market is trading on 1.4885 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 - 1.4814
Recommended Stop Loss - 1.4929
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