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PANS: Rebound on Golden Ratio, Prepare for Bull Run/False Break?Hello Fellow Stock Investor/Trader, Here's a Technical outlook of PANS Stock! Chart Perspective PANS has rebounded around the golden ratio of the Fibonacci retracement area and broken out of the falling wedge pattern. The Stochastic created a golden cross, signifying a potential upside movement to the target area. All the explanations are presented on the chart The roadmap will be invalid after reaching the target/support area. "Disclaimer: The outlook is only for educational purposes, not a recommendation to put Long or Short Position in PANS Stock".
IDX:PANSLong
by financialfreedomgoals101
GoldViewFX - WEEKLY CHART UPDATEHey Everyone, Updated weekly chart that we have been following. The weekly chart channel support has been broken to the downside and now testing a major weekly chart support zone. 1711 - 1738 zone is a major support area and this is where price is consolidating at the moment. It will be important for us to see how the weekly candle closes for ema5 placement. Taking some long term buy positions within the swing range is looking viable for us. For now managing small positions due to volatility. The weekly chart is at critical support level and geared for a move up should this level hold. BULLISH TARGETS 1764, 1796 Retracement Range 1711 SWING RANGE 1687 We will keep this chart updated with any significant changes to the structure. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
14
Risk:Reward Ratio. What is it?Risk to reward ratio. What is it? What does it mean and how do we use it? Now, if you made it to the point where you're here on TradingView, there's a good chance that you have heard about Risk to Reward ratio. Today, I want to dive into what it really means and how to actually utilize it. I see so many beginners missing out on huge profits and opportunities because of their risk reward ratio and I want to share my knowledge of this tool and how to actually use it in the future. Firstly, let's dive into what is the risk/reward ratio? The RR ratio is a tool that can accurately predict by expected returns based off of previous results. This tool measures how much reward you are estimated to gain based off of the dollar amount you risk. For example, if you have a risk to reward ratio of 1:3, it means for every $1 you risk, you will gain a return of $3 in the event of a positive trade. Using the same example in the FX market, let's say you're risking 10 pips on EURUSD, your take profit is at 30 pips. This means you gain 30 pips in the event of a win, lose 10 pips in the event of a loss, giving you a 1:3 risk/reward ratio. This is a very powerful tool because compared with the win rate and in correlation, you can actually predict based off of your previous results, you're expected returns on investment. Being able to predict what you're expected returns are are great way of giving you milestone targets, but also when you're looking at getting funded with prop firms, you also know what you are actually able to achieve in what time frame. Now, it goes without saying, the higher your risk to reward ratio, the less you need to win in order to maintain profitability. The opposite, the lower your risk reward ratio, the higher win rate is required to maintain profitability. But this is where we get into where I find beginners struggle. A lot of people will base their strategies on their risk/reward ratios, which is understandable if you're building the strategy from scratch. If you're using a prebuilt strategy or something that doesn't really correlate with risk/reward ratio. Then it makes it obsolete and just confusing. Going back to my first point, risk to reward ratio is a tool that you can use to estimate future potential returns based off of previous results. Let's say you have 100 trades worth of data. You can accurately have a look at what is your risk to reward ratio is and compare that with your win rate. From there you can make a decision whether or not that is a profitable strategy. On top of that, you can then start to look to improve either your win rate and risk to reward ratio, knowing that that is an area that needs improvement. When it comes to improving your risk to reward ratio, one thing that always grinds my gears with traders, is when they enter a trade, they'll set their stop loss and take profits based on their risk to reward ratio not based on the actual analytics of the trade. While I understand this and with some strategies, this can work. For most, they end up setting those take profits in areas that is just realistically is going to be really hard for the price to get to. What professionals do when trying to improve the risks of reward ratio is only take those setups where a good take profit is viable around that level of risk to reward. For example, in this chart, we are looking at buying the USDCAD over the next couple of weeks. We like this setup. We've had our entry signal and we're going to place a stop loss below that recent low, which was created early last week. We are not happy with our risk to reward ratio. We think we're leaving too much profit on the table and want to increase our overall results. So I'm only taking trades that have close to a three to one risk to reward ratio. But as you can see by this chart that dotted lines are areas of resistance which we are going to have to break in order to achieve that level of profitability. There are 5 different zones we are going to have to get through in order for my take profit to be hit, it is fair to say the odds are not in my favor. Now a beginner Trader will still enter this trade with the same take profit and the same stop loss and just hold on. The reason they'll do that is because they want the 1:3 risk reward ratio. They don't care where the profit target is. What matters is it is 3 times worth what they're risking. On the other hand, A professional trader will actually either let this trade go and not enter it, or look for another entry point later on on smaller timeframes to where you can fit that risk to reward ratio and you're not going to hit the high levels of resistance. To sum up what my point is, risk to reward ratio is a very powerful tool to understand what you are capable of the trader and also where you can improve. It is not a valid take profit selection strategy. Yes, it can definitely help with guidelines on where to set your take profit, but it should not be the sole reason your take profit is set at a certain price just because it is X amount whatever you are risking. Have a look at what the chart is telling you and what your analysis is telling you. Then, only take the trades which coincide with the risk to reward ratio. You want to achieve. I hope you enjoyed this insight and I hope it was beneficial to you. I recommend highly diving into your previous trading data. Have a look at your win rate. Have a look at your risk reward ratio and understand what your profitability expectation really is and base your future decisions off of that data. Have a fantastic trading we can I look forward to seeing your comments. - Jordon
FOREXCOM:XAUUSDEducation
by the5erstrading
5
S&P500: Bearish Continuation Pattern, How Far It Will Go?Hello Fellow U.S. Investor/Trader, Here's a Technical outlook of S&P500! Chart Perspective S&P500 is forming ascending broadening wedge pattern after rejecting the resistance area. Furthermore, The MACD indicator created a death cross, which confirmed a potential downside momentum to the target area. There are also worsening macroeconomic conditions such as a high inflationary environment (8.6% Inflation Rate) and the declining Consumer Confidence Index. The Fed responded to the high inflationary environment by doing Quantitative Tightening and raising the interest rate, potentially increasing the probability of a further move downward on the S&P500. *All the explanations are presented on the chart* *The Outlook will be active after the price hits the confirmation line. The roadmap will be invalid after reaching the target/ resistance area. "Disclaimer: The outlook is only for educational purposes, not a recommendation to put Long or Short Position in the Index".
UShort
by financialfreedomgoals101
AVAXUSDT: Channeling Bearish, Further Bear Movement May Prevail?Hello Fellow Avalanche Coin Investor/Trader, Here's a Technical outlook of AVAXUSDT! Support our content by smashing the like and follow button, you also can share your opinion in the comment section below. AVAXUSDT is creating a Bearish Channeling. Furthermore, The MACD indicator has created a death cross, indicating potential bearish movement ahead. All explanations are presented on the chart. The roadmap will be invalid after reaching the target/resistance area . "Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"
Short
by financialfreedomgoals101
2
GoldViewFX - DAILY CHART UPDATEHey Everyone, Update on our daily chart setup that we have been following for a while. As you can see we had another challenge to 1804 structure support, which held out again perfectly maintaining the Bullish structure. The support provided the momentum needed to push back into the Goldturn trendline support, which then found support on the retest of the trendline, gearing up for another 1858 challenge. This is a significant challenge, as we are looking for ema5 to cross and lock above 1858 to confirm and open the upper targets. BULLISH TARGETS 1844, 1858, 1881, 1899 RETRACEMENT TARGETS 1832 1804 IS THE STRUCTURE SUPPORT . This level is maintaining the overall BULLISH structure As always we will keep this chart updated with any changes to our plans. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
10
AUDJPY: Retest Trendline, Bullish Continuation as Yen Weakening?Hello Fellow Global Forex Trader, Here's a Technical outlook of the Aussie Yen! Support our content by smashing the like and follow button, you also can share your opinion in the comment section below. AUDJPY is retested in the last support area and EMA 34. Waiting for the price to hit the confirmation price creates a valid for a potential move to the target area. The Outlook will be active after the price hits the confirmation line. *All the explanations are presented on the chart* The roadmap will be invalid after reaching the target/support area. "Disclaimer: The outlook is only for educational purposes, not a recommendation to put Long or Short Position on the AUDJPY"
Long
by financialfreedomgoals101
2
XTZUSDT: Bearish Channeling, Bearish Bias doesn't end yet?Hello Fellow Tezos Coin Investor/Trader, Here's a Technical outlook of XTZUSDT! Support our content by smashing the like and follow button, you also can share your opinion in the comment section below. XTZUSDT is creating a bearish channeling. Furthermore, The MACD indicator created a death cross, which confirmed a potential downside momentum to the target area. All explanations are presented on the chart. The roadmap will be invalid after reaching the target/resistance area. "Disclaimer: The outlook is only for educational purposes, not a recommendation to buy or sell the cryptocurrency"
Short
by financialfreedomgoals101
NASDAQ: Moving Below EMA 200, Bearish Trend Doesn't Over Yet?Hello Fellow U.S. Investor/Trader, Here's a Technical outlook of NASDAQ! Support our content by smashing the like and follow button, you also can share your opinion in the comment section below. NASDAQ is forming the head and shoulder pattern near the EMA200 line. Furthermore, The MACD indicator created a death cross, which confirmed a potential downside momentum to the target area. The Outlook will be active after the price hits the confirmation line. *All the explanations are presented on the chart* The roadmap will be invalid after reaching the target/resistance area. "Disclaimer: The outlook is only for educational purposes, not a recommendation to put Long or Short Position on the NASDAQ Index"
UShort
by financialfreedomgoals101
2
GoldViewFX - MONTHLY CHART LONG TERM GOLD OUTLOOK 1974, 2075Hey Everyone, Long term Monthly chart outlook and setup. The trendline is being supported and we have a EMA5 cross MA21 with a floating candle. This confirms a move above the floating candle. If you look at the historical data whenever EMA5 crosses MA21 with a floating candle, although we may see a retracement it follows with a bigger trend break out above the floating candle. This setup needs to be inline with the trend with MA50 with the trend and not against. This confirms our long term plans to remain BULLISH for GOLD using dips in prices to buy; using our shorter timeframe setups to safely navigate the swings, keeping in mind the overall direction! BULLISH TARGETS 1974, 2075 RETRACEMENT TARGETS 1856, 1777 SWING RANGE 1684 As always we will keep this chart updated with any changes to our plans. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
27
BNBUSDT: Rising Wedge, Altcoins are going down?Hello Fellow Binance Investor/Trader, Here's a Technical outlook of BNBUSDT! Support our content by smashing the like and follow button, you also can share your opinion in the comment section below. BNBUSDT has broken out of the rising wedge pattern with a bearish marubozu candlestick. Furthermore, The MACD indicator created a death cross, which confirmed a potential downside momentum to the target area. The roadmap will be invalid after reaching the target/resistance area. "Disclaimer: The outlook is only for educational purposes, not a recommendation to buy or sell the cryptocurrency"
Short
by financialfreedomgoals101
3
How To Make Your Trading Plan In 7 Steps !How To Make Your Trading Plan In 7 Steps ! ➡️ Choose The Correct Time Frame All traders know what time frames are, but few know that each time frame has a specific way of working. Time frames from 15 minutes to 60 minutes fall under the name of day trading, meaning that all deals will be closed on the same day, whether with profit or loss, and traders call it the name "Scalping" On the other hand, there is a time frame from 4 hours to the daily frame, which are considered long deals and traders call them “swing” Time frames higher than the daily are considered investment centers and are not suitable for small capitals —————————————————— ➡️ Risk Management Most traders make a fatal mistake, which is not choosing a risk ratio for each trade, and this exposes the entire account to a loss. The best traders in the world believe that the reasonable risk ratio is between 1% to 3% for each trade. —————————————————— ➡️ Conditions You Must Choose Between " Ranging " Or " Trending " —————————————————— ➡️ Markets In Stock Markets We Have 4 Market ,, - First One Is Option Option or binary options is a currency, commodities and stock market that simulates the same conditions as the real markets, but you can set a time for the transaction and bet on the direction within a minute or two and you can win up to 90% of the bet amount, but in the event of a loss, you lose the entire bet amount and some believe that The option market has a lot of suspicions and scams - Second Type Is Equity - Third Type Is Futures - Forth Type Is Forex - Fifth Market Is Crypto Currency —————————————————— ➡️ Type Of Your Entries - Pull Back - Break Out - Cross Over —————————————————— ➡️ How To Put Your Stop And Targets ? —————————————————— Print It And Don't Forget Any One From The 7 Steps To Be Successful Trader ❤️❤️
Education
by Fx_Vanguard
BSDE: INDICATION OF POTENTIAL REVERSAL IN REAL ESTATE STOCK?Hello Stock Market Enthusiast! Here's the Long-term outlook for BSDE , Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion in the Comment Section below :) BSDE is broken out of the falling wedge pattern. The golden cross signifies a potential bullish movement ahead on BSDE, potentially to the target area. The roadmap will be invalid after reaching the support/target level. Disclaimer: The outlook is only used for Educational Purposes, The Creator doesn't responsible for any of your trade position or other financial decisions*
IDX:BSDELong
by financialfreedomgoals101