GBPUSD TRADE IDEA / DAY TRADE / LONGThis is trade idea for GBPUSD Day Trade
-Buy around 5m FVG according to the confirmation that will occur.
-Price above BSLQ Asian KZ
-Possible bullish price movement towards the resistance.
-Risk Reward 1:2.5
Tradingidea
Rebound correction Silver. H4 09.10.2024Rebound correction Silver
Silver made a reversal downwards, which I wrote about in the last post Now the price has approached the margin zone and local support 30.20 from which they can make correction upwards. However, I believe that the fall will continue to the strong support zone 28.06-28.86 and in this zone I will look for culmination and a buy signal. Also, silver is now trading in the past profile accumulation area and if there is no reaction up, it will confirm the thoughts of a deeper decline.
CAPITALCOM:SILVER
USDJPY / BY BREAKING SUPPLY ZONE / 4HUSDJPY / 4H TIME FRAME
HELLO TRADERS
The price has broken out above 147.218, and there is currently bullish pressure , The price is attempting to reach a supply zone between 148.626 and 149.340.
For the uptrend to be confirmed, the price must break above this supply zone. If successful, the price could then aim for the next target at 150.790 (the supply line).
If the price fails to hold above 147.218 during a retest, this could signal a decline , Breaking below 147.218 might lead to a drop towards favorable value gaps (FVG) at 145.363 and 144.332.
Supply zone : 148.626 and 149.340.
Demand zone : 142.546 and 141.687.
FVG : 145.363 and 144.332.
USDJPY / END OF SEPTEMBER AND INTO EARLY OCTOBER - 4HUSDJPY / 4H TIME FRAME
HELLO TRADERS
Current Trend:
Prices dropped by 2.55% yesterday, approaching a key support level at 142.231 , If prices break and stabilize below 142.231, further declines are expected , Currently, prices are trading slightly above 142.232, and stabilizing above this level suggests potential increases of 3.50% and 5.00% , The analysis anticipates a possible upward trend towards the end of September and into early October.
Technical Analysis:
Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 142.231, the bullish momentum is expected to continue.
Upward Condition:
- Target 1: If the price trades above 142.231, it's expected to rise to 147.179.
- Target 2: If the price stabilizes above 147.179, the next target is 149.345.
Downward Condition:
- If the price falls below 142.231 , it suggests a potential decline:
- Target 1: A decline to 139.713.
- Target 2: If it breaks below 139.713, further decline is expected to 137.306.
NASDAQ near the buyers' zone. H4 04.09.2024NASDAQ near the buyers' zone
The NASDAQ stock index is forming a correction and is approaching the strong zone of buyers 18293-18579 from which I expect its rebound upwards. So far the move down is within the correction and now the price is trading in the margin zone. But as for me, there is not enough downward manipulation and then we will look at the buyback volumes. If they appear, we will act.
Beginning of AUDUSD workout. H4 03.09.2024Beginning of AUDUSD workout
Yesterday in the closed channel I recommended subscribers
to look for sales of the Australian dollar from the strong zone
0.6790-0.6816 with the perspective of corrective
fall to 0.6640+-
The price gave a reaction in the morning and I believe that
the push down will continue. It remains to cover a major
growth candle and then I will increase sales.
It is also desirable that the cumulative starts
to grow on the fall, they often get after that.
Already right now, even at 0.1 lot almost returned
the cost of a monthly subscription
NOTUSDT / UNDER DOWNWARD PRESSURE - 4HNOTUSDT / 4H TIME FRAME
HELLO TRADERS
The overall trend remains downward as long as trading stays below the turning level of 0.009 .
It is reasonable to expect that prices will remain under downward pressure as long as they stay below the turning level of 0.009 because this level acts as a critical resistance point. Without a decisive break above it, sellers maintain control, leading to potential declines toward the next support levels at 0.007 and 0.006.
The requirement for a 4-hour or 1-hour candle close above the turning level to signal an upward move is justified by the need for confirmation that the market has gained enough bullish momentum to push prices higher. Once this occurs, the path toward the resistance levels at 0.011 and 0.013 becomes more likely, as it indicates that buyers are regaining control.
KEY LEVELS :
Turning Level : 0.009
Resistance Levels : 0.011, 0.013
Support Levels : 0.007 , 0.006
Waiting for NaturalGas to rise. H4 30.08.2024Waiting for NaturalGas to rise
Gas tried to break down to 2.00 twice and bought back twice.
And large volumes are now around 2.10 and defending.
If they are not pushed down, they may rise to the upper boundary of the flat to 2.30 and even 2.50.
Increased vertical volumes came in at the moments of buyback, which often coincides
with the culmination and turns the market.
USDJPY - UNDER BULLISH PRESSURE - 4HUSDJPY - 4H TIME FRAME
HELLO TRADERS
The general trend continues to be upward as long as trading remains above the turning level of 145.495 .
Currently, prices are above this threshold, indicating a possible rise towards the initial resistance level at 147.891. If a 4-hour candle closes above this resistance, further increases are anticipated, with the next target being the second resistance level at 150.800.
For a downward trend to develop, the turning level needs to be breached and maintained below. This could lead to a decline towards the first support level at 143.749, and possibly even lower to 141.832.
KEY LEVELS :
Turning Level : 145.495
Resistance Levels : 147.891 , 150.800
Support Levels : 143.749 , 141.832
Waiting for WTI rebound. H4 30.08.2024 Waiting for WTI rebound
Oil WTI has been flattening with pullbacks all week, which is exhausting. My top-up was knocked out together with the rest of the last buy. Although the total plus came out due to partial fixation. Now the price is back to the key support area, it went down to the buyers' zone 73.34-72.63 and near the specified 1/2 margin. There are no large volumes, which is confusing, but they can make a buyback. Therefore, you should look here for confirmations on your strategy. If pushed the zones below, then the price will go to 71.
USDCAD in the area of option hedges. H4 29.08.2024 USDCAD in the area of option hedges
The price has entered the area of option hedges and margins at 1.3460.
However, given the strongly growing cumulative delta, there are concerns
whether it can go up without updating the low near 1.3440.
I think it will be pulled down first, ideally to knock out stops, capture liquidity,
show a culmination and then go into corrective growth. The nearest target is around 1.36
USNAS100 / BREAKOUT SUPPLY ZONE !!! - 4HNAS100USD / 4H TIMEFRAME
HELLO TRADERS
Tendency , prices is under upward pressure , until trading above turning level at 19,559
Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 19,559 turning level , it is likely to move upward toward the resistance levels of 19,779 and then 20,097.
Downward Condition : To reach the 19,210 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 19,559. If it stabilizes below support level (1) , a further decline toward the support level (2) at 18,690 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 19,770 .
RESISTANCE LEVEL (2) : 20,097 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 19,210 .
SUPPORT LEVEL (2) : 18,690 .
TURNING LEVEL : 19,559 .
Ambiguous situation Gold. H4 28.08.2024Ambiguous situation Gold
There is an ambiguous situation on gold.
We are trading close to the nearest buyers' zone,
but there are no volumes of buybacks and on the contrary bids are pushing down.
Can go up to 1/2 margin, and from there make a rebound.
That is why I will be out of the market on gold until the situation becomes clearer.
If they can completely cover the segment down with fixing under 2470,
then we will get repositioning downwards and look for sales from the pullback.
But we have not done it yet, the priority is to work on the bullish trend.
Will there be a false breakdown WTI ? H4 20.08.2024Will there be a false breakdown WTI ? H4 20.08.2024
Oil is in an interesting situation right now. Initially I was waiting for repositioning to buy, however the price went lower. As a result, I closed my purchases on be and now the question is whether or not there will be a false breakdown of the support zone 71.30-72.40. The poured volume in the margin at 73.50 did not give a buyback reaction, but oil moves very insidiously. It could do a false breakdown and then come back on volumes and form a delayed culmination. In any case, the rebound is somewhere near, so watch carefully.
Possible correction WTI. H4 27.08.2024Possible correction WTI
Oil has now approached the marginal resistance zone 77.41-77.97,
as shown in the previous analysis.
Large point volumes have appeared in the zone and may mean
fixation of purchases and the beginning of accumulation
of corrective sales.
The question is whether the pullback will be
and how deep it will be.
In general, I expect an approach around 1/2 of the margin
and then up again from there. That's why yesterday at 77.40
I closed 50% of buys and I'm still in the waiting mode.
Oil after filling volumes likes to make
gains and then go into a reversal.
Trading Idea of week 35 - S&P500 - TradingMasteryHubWelcome to the TradingMasteryHub Trading Ideas!
Are you ready to gear up for the upcoming week? Join us as we dive into a detailed analysis to uncover top trading opportunities that could potentially boost your trading account. We’ll break down our strategy, defining precise Entries, managing Risk, and pinpointing the optimal Exit zones—steps that can transform your trading performance. Whether you’re just starting out or looking to fine-tune your approach, these insights are crafted to help you on your path to mastering the markets.
S&P 500 Poised to Break New All-Time Highs!
The S&P 500 has climbed back above its long-term uptrend (green trend line) that’s been in play since early November 2023. The current all-time high (ATH) of 5,680.4, set on July 16th, also marked the beginning of a mid-term downtrend (red trend line). However, two weeks ago, we witnessed a significant breakout from this downtrend, accompanied by high volume, which also reestablished the long-term uptrend. The last four trading days have been range-bound between key support (green) and resistance (blue) zones, with a stable volume profile (orange box) in between.
If the price manages to break through the key resistance zone (blue), new ATHs are highly likely. This presents a clear and compelling trading opportunity that we’re excited to share with you.
How to Turn This into a 5-Star Setup!
Before we rush into a trade, excited by the prospect of bullish momentum, it’s crucial to do our homework. This means waiting for multiple confirmations before entering the trade:
1. The Trend is Your Friend: The chart shows different trends depending on the time frame. We’re trading on a 15-minute chart, where the uptrend is clear. But we also need to confirm that the higher time frame (above our execution trend) is in an uptrend and not in a consolidation phase following a longer-term downtrend.
- Box Checked: We saw a breakout from the mid-term downtrend on August 15th with high volume (RVOL > 3) and a 15-minute close above the last higher low of that downtrend on August 19th, also with high volume.
2. We Need New Bullish Momentum: To hit new ATHs, we require strong buying pressure. This could come from a catalyst like favorable news (e.g., interest rate cuts by the Fed) or a technical breakout above the key resistance zone (blue).
- Box Checked: We’ll look for a 15-minute close above the blue zone, RVOL > 3 at the breakout, and ideally, a U.S. market opening above the previous day’s Volume Profile high to confirm a trending day.
- Plus: Price must be above both the session VWAP and 2-day VWAP.
- Bonus: An additional catalyst in the form of a market-moving news event.
3. We Need Patience: Only when all the above criteria are met should we enter the trade.
- Entry: After a 15-minute candle closes above the blue zone, but only if the risk/reward ratio is >1.3 up to Target 1.
- Risk Management: Stop Loss (SL) at 5,624.7, just below Friday’s Pivot R1 minus 6 points for market noise. Take Profit (TP) Target 1 is set at 5,678, just below Pivot R2 (also the 1.618 Fib Extension), where we’ll scale out 50% of the position and move the SL to the entry level, making the trade risk-free.
- Profit Target 2 (50%): This will likely be around 5,730, just below the 2.618 Fib Extension. If we don’t see new ATHs, TP Target 2 will be triggered by a close below the highest green 15-minute candle.
4. We Need Discipline: Trading only when all conditions are met will give us an edge in the long run.
- Discipline: Sticking to your rules is crucial for consistent trading. Without discipline, you lose the ability to analyze and refine your edge, leaving you at the mercy of emotional decisions.
5. We Need to Review Our Trades: Keeping a Trading Journal is essential for learning from both mistakes and successes. We’ll provide another e-Learning session focused on this vital topic. A simple journal can significantly improve your trading.
Always Have a Plan B!
Sometimes Plan A doesn’t play out. That’s why it’s important to have a Plan B—a slightly less optimal, but still viable, 4-star setup.
In this case, if the breakout above the blue zone doesn’t occur and the market reverses towards the green zone, we might consider a short trade instead. But again, we need a separate checklist:
1. Range Trades Need a History: The market must test key zones (green and blue) more than twice each to confirm a range.
- Confirmation: More than two touches of the green and red zones have already occurred.
2. We Need Bearish Momentum: A bearish environment is necessary for a return to the range. This could be triggered by a negative catalyst (e.g., lower unemployment rates) or a breakdown below VWAP.
- Box Checked: We need a 15-minute candle close below both session VWAP and 2-day VWAP, RVOL > 3, and the market ranging within the Volume Profile.
3. We Need Patience: Enter the trade only when all conditions are met.
- Entry: After a 15-minute candle closes below both VWAPs, with a risk/reward ratio >1.7 up to TP Target 1.
- Risk Management: SL at 5,647, just above Friday’s Pivot R1 plus 6 points for noise. TP Target 1 at 5,602, just above Pivot P (0.382 Fib retracement), where we’ll close 100% of the position.
4. We Need Discipline: As always, sticking to the plan is key.
5. We Need to Review Our Trades: Keeping track of your trades ensures you learn and improve over time.
---
Conclusion and Recommendation
By focusing on clear trends, momentum, and discipline, you can capitalize on high-probability trading setups like the ones we’ve outlined here. However, it's crucial to understand that not every 5-star setup will be a winner. Even the most promising setups don’t guarantee success every time. The true key to long-term profitability lies in consistently following a well-defined strategy and maintaining a favorable risk/reward ratio. Over time, this disciplined approach can lead to steady profits, helping you grow your trading account while minimizing losses.
Having a solid Plan B also keeps you prepared for whatever the market throws your way. With these strategies, you’re not just following the market—you’re mastering it.
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- In-depth market analysis
- Proven trading setups
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TradingMasteryHub
Continued growth Gold. H4 26.08.2024Continued growth Gold
Gold continues to grow steadily given the escalating conflict
between Israel and Lebanon.
The correction last week ended near the local support 2477
and made a new bounce upwards.
Now new historical highs are being formed and judging by margins and options,
can push the price to 2575,
and there we will look at the volumes,
a local culmination of the correction is possible.
Continued growth of NaturalGas H4. 23.08.2024Continued growth of NaturalGas
The price bounced perfectly from the margin zone
and confirmed the pattern Repositioning.
Further I expect an internal pullback and continuation of growth
to 2.35 and next target at 2.52.
Rebound EURUSD before the start of correction H4. 22.08.2024Rebound EURUSD before the start of correction
On the Euro I expect a rebound to the area of 1.1170
and the start of correction there.
The rebound was made, but the nuance is that the cumulative
continues to fall,
which means that they can still make an outburst to fill
the culmination volumes.
Without them they are unlikely to make a downward reversal.
They may reach 1.12, where there is also a strong option resistance,
and then down.
In any case, I will not enter without confirmation of volumes
and I advise you to wait for the conditions.
Continue falling DXY H4 21.08.2024Continue falling DXY
The dollar index continues to fall,
exactly repeating the previously made analysis on it.
On targets I see the nearest support levels
around 99.45-99.11
From which can make correction upwards to 101.662.
The NASDAQ index is gearing up for new high. H4 20.08.2024The NASDAQ index is gearing up for new high
NASDAQ index made a major segment overlap up and the question is if they are going to give a pullback before continuing the growth. Along the way they formed 2 important buy zones, but there is no culmination at the top. I expect a pullback down to the zones and then buying. Most likely we will push from the nearest zone 18920-19200 and then rise to test the high near 21000. Also, just in case I have specified the far zone of buyers 18400-18670, but it is unlikely that we will reach there.
Repositioning Silver to buy H4 19.08.2024 Repositioning Silver to buy
Silver has formed a pattern of repositioning to buy
and if the pullback is given, I will look for a buy at 1/2 margin 27.90 to continue the growth.
I am targeting the area of 30, and further I will clarify.
On options bounced off the option hedge area at 26.50
and the hedge up around 30 and 32 is filled.
The main OI has now moved to the new December contract,
so be careful with volumes, they have only just started to come in from last week.
WELCORP - Welspun Corp Ltd - Uptrend - Long Term1. Consolidation
2. 50% retracement
3. Support taken at support level
4. Double Bottom at support level
5. Break-out and close previous All time high
6. ADX - shows strength of the trend
