GoldViewFX - WEEKLY CHART UPDATED LEVELS & TARGET$$Hey Everyone,
We thought we would share our weekly chart setup, as we have a long range gap that has opened up to 2034.
EMA5 has finally broken 1944 with last weeks candle body close confirming the lock to 2034. We have also broken out of the Goldturn channel confirming the Bullish setup.
Long range TARGET
2034
RETRACEMENT RANGE
1944
SWING RANGE
1876
Staying within the swing range will maintain our Bullish structure. A break below 1876 swing range on the weekly chart will change the Bullish structure. 1797 will open for target in which case we will review and update our setups to effectively switch direction to target the lower levels using our custom intraday levels on the smaller timeframes that we share daily with our members.
We will keep this chart in mind, as part of our overall plans and we will continue to break this weekly chart down on the smaller timeframes daily, so we can trade the range level to level.
Please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
Tradingplans
GoldViewFX - Market UPDATEHey Everyone,
As you can see we have been following this chart and setup all week and once again we called it HITTING ALL TARGETS$$$!
We have entered a new range and had a retest close to 1961 but supported at MA21. Would be nice to see a full retest at 1961 to continue with the BULL run. Even if we see price tank below 1961 with any volatile events, as long as EMA5 is maintained above 1961 it will maintain our strong BULLISH setup.
TARGETS
1984, 1990
RETRACEMENT RANGE
1969, 1961
SWING RANGE
1952
We want to keep it safe, as we never like chasing the BULL run from the front and therefore we always take our positions from support Goldturns and bank 20 to 40 pips at a time using our GoldViewFX custom Intraday levels that we share with our members daily.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - 2H CHART UPDATED LEVELS & TARGET$$Hey Everyone,
Updated Goldturn levels and TARGETS
TARGETS - 1950, 1960
RETRACEMENT RANGE - 1928 - 1934
SWING RANGE - 1891
We remain Bullish and will continue to buy from support levels banking 20 to 40 pips at a time. Retracement range in mind for entries and swing range in mind to manage RISK.
EMA5 break and CANDLE BODY CLOSE above 1960 will open the upper RANGE. Rejection here will see price back in the swing range. We also have candle body close above 1960 opening target at 1969 - This is not as strong as a EMA5 cross and lock confirmation but still a gap. Sometimes momentum doesn't allow us to catch an EMA5 cross and lock gap, in which case the candle body close gives us an early heads up.
As always we will keep you all posted with any changes to our plans, please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
XAUUSD - KOG REPORT!KOG Report:
In last weeks KOG report we said we would like to see some bearish pressure on Gold as long as the price stayed below the 1960 region. We suggested that if the market opened and pushed to the upside we would be looking for the zones illustrated on last weeks report to hold and then we would be looking to go short. We wanted to see at least the 1910 level target completed, however, the market reached 1914 and then turned bullish again. We suggested during the week in the FOMC report that we had a target of 1945 which you can see has now been achieved.
So what can we expect in the week ahead?
We’re going to keep this report shorter than usual as our plan hasn’t really changed from last week, only the potential regions for reaction have changed which we have updated on the chart.
We’re going to say again that we’re not convinced with the bullish movement at the moment, our bias is still neutral, but we feel there is an opportunity to get in on a short trade to target the lower support levels below 1900! That’s not to say we’re not seeing this go up a bit more. So, we have two targets in mind for the week ahead, the above target of 1970-75 and a lower target area of around 1890-95. We will be looking to either go long from support to target the higher level or 1975 or be looking to short the market from the higher level of 1975 down into lower support levels.
So we will look at this as usual with two scenarios in mind:
Scenario 1:
It would be ideal for the market to open and push up a little to tap into that 1950 supply and face some resistance there. We are expecting a pullback into the regions of 1940, 1935 and potentially 1920. This is where we feel there will be an opportunity to exits any short trades and take the long entry into the higher resistance level of 1970-75 where we will again be looking to go short for the lower levels. Please note, breaking 1920 and staying below this level will take us lower into 1910.
Scenario 2:
Price opens and pushes towards the downside, we will be looking for support to hold first around the 1930-35 region, breaking this the lower price point is 1920. If we see strong support here we will be looking to go long into the higher resistance levels of 1970-75 where again we will be looking to go short to target the lower support levels.
So in essence, there are two key levels we are looking at targeting, we either want to go long from below to target 1970-75 or we want to go short from above to target 1895. Based on the mildness of the breakout on Friday it is very possible that we see this now range again just to really frustrate traders before they actually make the move they want to. While it ranges we will be trading this level to level the KOG way. As usual, we will update the analysis throughout the week and keep you in sync with any changes.
Please do hit the like button, give us a follow and leave a comment. Your support and following is very much appreciated.
As always, trade safe.
KOG
GoldViewFX - MARKET UPDATEHey Everyone,
Another awesome day of collecting pips. All our trading ideas posted this week HIT target and played out perfectly!!
We are still Bullish and continue to buy dips from Goldturn support levels and our intraday levels that we share daily.
We have now moved up the swing range to 1921 and identified a retracement range to 1931.
We have TARGETS above at 1944 again, 1952,1961. These TARGETS will be confirmed further with EMA5 cross or CANDLE BODY CLOSE above 1944.
We are now done for today and will come back Sunday with a full market review for the week ahead.
Please don't forget to like, comment and follow us to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
SOLUSDT: SYMMETRICAL TRIANGLE, SIGN OF LONG OPPORTUNITY AHEAD?Hello Fellow SOLANA Investor/Trader!
SOLUSDT is forming the symmetrical triangle on the chart. Symmetrical triangle is a continuation pattern that may indicates a sign of bullish continuation ahead. Will SOLANA move upward as the chart form bullish continuation pattern?
*Complete Explanation is presented on the chart*
The roadmap will be invalid after reaching the target/ support area .
"Disclaimer: This is only an outlook, not a recommendation to buy/sell cryptocurrency."
*SUPPORT THE CHANNEL BY SMASHING THE LIKE BUTTON AND SHARE YOUR OPINION BELOWS, SEE YA ON THE NEXT ROADMAP*
Bearish signs on EUR/USDHello everyone. Here we have the EUR/USD daily chart. The trend here is still bullish, but we have to keep in mind that the trends of higher time frames are bearish, and we also have a few bearish signs on the daily chart. First, as you can see, the price tried to climb higher, but after that we could see the W&R pattern and the downward action started. Also, the whole situation is not in favor of the EUR at all. There are many worrying factors that pose a big risk to the EUR and with that in mind there is no reason to be bullish on the EUR. So, on the daily chart we have a perfectly formed bearish engulfing pattern that suggests a downward continuation. From a technical point of view, strong support is around 1.0900, where we also have Yearly Pivot Support 1. Strong resistance is around 1.1121. However, I don't expect the price to drop to 1.0900 without any correction, so some retracements could happen, as always. My suggestion is to take advantage of the first retracement that will happen and find a good short entry.
GoldViewFX - Market UPDATEHey Everyone,
Quick end of day update from us.
Another AWESOME day of trading for us!!!! As planned we took buys from support at 1921 Goldturn and then rode up to TARGETS of 1931, 1940, 1944 perfectly! Sharing our every move in managing the range effectively and safely.
We have moved the swing range up to 1911 and remain Bullish and our strategy to buy from dips remain in full play. We may see some retracement now but expect a re-test at 1944 Target again and then 1952. We will buy from support levels and bank 20 to 30 pips at a time or to the next Goldturn.
We will keep you all updated with any changes and will update you all with a more thorough Market Analysis for the new month start over the weekend.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Trade like a casino! 🎰🎲💵Yep you heard me right you need trade like a casino 🎰
Key bit here is trade like the casino operates their business model.
Don't trade like the clients that frequent the casinos.
Why should you trade like a casino?
Profitable traders understand how casinos are successful.
Casinos are profitable and make money because they have an edge which they let play out.
They know probability is in their favour.
How many times have we all been at a roulette table thinking we have a 50% chance of winning betting on red or black.
We all seem to forget about that green zero on the table and here in lies the casinos edge.
With having an edge they let play out it's impossible for them not to make money.
The casino is comfortable with every outcome on the bets placed knowing the edge will play out.
Losses are seen as a cost of business, risk is controlled and emotions to are in check.
This is why the house always wins! 🎰🤑
If you as a trader apply the same logic's to your trading strategies the end results will be the same as the casino.
If you choose to trade like one of the clients in the casino with no fixed rules you essentially are gambling with you trading.
Subjectivity and emotions will come in to play.
Random winning and losing runs will occur which will impact trading psychology.
This way of trading will only end in one way and that's by giving everything to the house or in this case your broker!
Development of a strategies with proven mathematical edges ensures you will become the house 🏦💰
Once an edge is established trust your strategy and let that edge play out.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
Thank you.
Darren
We start the week with a gold long 👍👊Morning traders
My first trade of the week is our 15M gold strategy entered a trade a 2 am UK time.
New trade entry details are shown on the chart.
This strategy is a follow trend strategy with as stop loss.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Understanding draw down recovery 😬😥Morning traders.
Middle of the trading week all ready!
I thought I'd take this opportunity to discuss a topic we all fear and we all find ourselves in at some point in our trading journey.
That topic being draw down and your account in a loss of starting capital.
The table I have drawn on the chart shows the amount of gain required to get an account back to break even depending on how big the draw down is on your capital.
Scary stuff when viewed in a simple table format like and hits home just how big of task over turning losses could be.
No trading system or strategy has zero losses or draw down and all strategies endure losing runs.
To avoid excessive losses there is two crucial elements.
Sounds obvious but cut losing trades quickly is the first element, second element is factoring probability into the trading strategy.
Probability helps control risk management which in turns keep losses to a minimum, probability is obtained by carrying out back testing on your strategy.
You can't plan for probability in your risk management if you have no data for your strategy.
The example I am using for this Idea is on AUDCHF H1 timeframe and thanks to our built in strategy tester I can see if I traded this pair in the manner the strategy is set over the last 292 trades at 1% risk I am 22% down on my account. It would not take in the region of a 25% account gain to be back to near break even on my account!!!
You don't need a built in strategy tester to gain this information you can also manually back test a strategy in order to avoid losses and to know if you are entering markets with a proven edge.
A trading edge means your strategy creates bigger wins than losses. Which in turn means you avoid the situation shown in the table.
To avoid hefty draw down don't enter the markets blind with an unproven strategy.
Ensure you have back tested strategies with probability factored in to those strategies that way what is shown in the table wont apply to you then 👍
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
EURGBP sell now live ✋Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
NZDUSD short progressing 👌Entry details are shown on the chart.
Trade is working our NZDUSD H1 strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
EURGBP sell in progress🤞🙏Morning traders.
We start the day with a EURGBP short trade that has started overnight.
Entry details are shown on the chart.
In slight draw down as we speak but lets see how this plays out.
We're only looking for TP3.
Strategy is slightly above 1:1 RR but coupled to a great win percentage which has equalled nice consistent gains.
The scripts built in strategy tester shows this is the most effective way to trade this pair on H1 time frame.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
The stats for this pair are shown below too.
Thank you.
Darren
CADJPY makes it four out of five trades 🇨🇦🇯🇵🏦Afternoon traders.
A solid week for the pair in question, CADJPY working the 30M time frame.
The last four trades out of five have hit the desired profit target.
This just shows the adaptability of the script in use and also shows that even trading a 1:1 risk reward ratio is possible.
How do I know its possible to trade this way? By the built in strategy tester. As always the results are at the bottom of this idea.
The stats are based on £10000 starting capital risking 1% reward per trade. Data stretches all the way back to January 2019.
Having this level of back test results give great confidence when entering the markets knowing we are trading with a proven edge.
I say on my ideas I don't recommend following random trades on TradingView as it's not a consistent trading plan or strategy.
This idea proves how even a 1:1 risk reward strategy can be traded with an edge thanks to a proven back tested system.
For any more information on the methods and script in use feel free to drop me a message.
NZDUSD > Trading Plan for Both Sells and Buys!!Thank you for taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
Update of #NZDUSD
Hello friends.
Similar to my AUDUSD analysis, a similar plan also.
If the market closes above the current resistance I will look for trend continuation entry for a possible 60 pips range.
If the market closes below the support level I will look for a selling opportunity targeting the lows and possible I will just disregard the whole setup as it has a small profit for me
Safe trading everyone
Check today analysis below⠀
>>There is no single market secret to discover, no single correct way to trade the markets. Those seeking the one true answer to the markets haven’t even gotten as far as asking the right question, let alone getting the right answer.
Jack Schwager – Author of Market Wizards
_____________________________________________________________________________⠀
-Disclaimer: this information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and i have no reason to act on it and neither should you
The importance of working to a trading strategy. Morning traders
Just wanted to share these thoughts on the importance of finding trading plans and strategies then sticking to those plans.
In my last idea I discussed the importance of holding trades and not to deviate of track.
That idea was working the H2 chart following the trend with a stop loss on AUDJPY pair and the trade has been running since 24th November.
The script I am running allows me to run numerous strategies to the way I would like to trade. This certainly helps with removing emotions when it comes to trading. Coupled to a built in back tester which reassures on how effective your trading plan could be.
These idea in question here is EURGBP pair trade on the 15M chart with a stop loss and take profit target implemented. Risk to reward is 1:2.5
First thing I want to touch on is even though we are trading on a lower time frame here patience is still key. Along with letting trades run there course to the trading plan that is implemented.
Back test data for the plan implemented on this pair shows 122% gains on initial investment from Feb 1st of this year. Working to a 1:2.5 RR and a 2% capital risk per trade. We have two back to back trades here which produced 135 pips of profit. Despite being on 15M time frame the two trades took two an half days to play out.
If I wasn't sticking to a rigid back tested plan I might have been tempted to close for profit too early or worse still close at the point the trade entered the loss zone. Thus missing out on the eventual outcome which was hitting the take profit target!
Emotions are a massive element for us traders to control. The strategy I am using has helped massively with emotion control for myself.
For more information on the script I am using please message me.
TRADERSAI - A.I.POWERED NIFTY50 TRADING PLANS for TUE 08/11Hey folks,
The trading levels for today, TUE 08/11, are as given in the chart (these are same as the levels for yesterday, Mon 08/10). Read below for more details.
Our debut message below (published on Thursday, 07/30) explains the notation and how to interpret the trading plans we publish, and who we are in this space. This is the Trading Day-7 of our limited test-launch for the Indian stock market NIFTY 50 Index. Appreciate your feedback and comments.
NOTE: Pay attention to the Take Profit and Stop Loss levels added as note ( iii ) below.
Good luck with your trading today!
***********************************************************
Hey everyone!
After two years of unprecedented growth and consistent performance in the US with daily trading plans on the S&P 500 Index , we are now testing our models on the Indian stock markets with the NIFTY 50 Futures . This is our debut for you all who have been waiting for it!
While we know this would enthrall many readers that have been asking for it, we are cautious about jumping on these trades right away - give these models a few days, see how they perform, and then begin to adapt them to your own trading style and risk appetite. And, please do share your feedback, thoughts, ideas, and suggestions about anything glaring or missing - we are new to the Indian markets and are still trying to learn its idiosyncrasies. Thank you!
Notation:
(i) Use these line crosses on your choice of time frame chart.
Most aggressive - on a 1-minute chart
Moderate - 5 to 15 minute chart
Intraday swing - 30 minute chart
Note that the lower your time frame, the more choppiness and whipsawing you might experience in your results.
(ii) Cross Above (Below) - triggered when the previous close was below (above) the line and the current close is above (below). Aggressive traders may use other criteria such as high crossing the line, close crossing the line without regard to the previous close, etc.
Solid Green Line: Models would go long on a cross above this line
Dotted Green Line: Models would close out a short (buy to close an open short but NOT go long). You can use Close-to-Close basis OR Open-to-Close basis OR Low-to-High, depending on your trading style.
Solid Red Line: Models would go short on a cross below this line
Dotted Red Line: Models would close out a long (sell to close an open buy but NOT go short). You can use Close-to-Close basis OR Open-to-Close basis OR High-to-High, depending on your trading style.
( iii ) Take Profit: Our NIFTY models are currently using a 20-point trailing stop activated once a 10-point profit level is reached.
Stop Loss: Our NIFTY models are currently using a 20-point stop loss level activated at the entry.
This is NOT an investment advice. This is meant for experienced traders to use as another tool to inform and guide their own trading decisions.
TRADERSAI - A.I.POWERED NIFTY TRADING PLANS for MON 08/09Hey folks,
The trading levels for today, MON 08/09, are as given in the chart. Read below for more details.
Our debut message below (published on Thursday, 07/30) explains the notation and how to interpret the trading plans we publish, and who we are in this space. This is the Trading Day-7 of our limited test-launch for the Indian stock market NIFTY 50 Index. Appreciate your feedback and comments.
NOTE: Pay attention to the Take Profit and Stop Loss levels added as note ( iii ) below.
Good luck with your trading today!
***********************************************************
Hey everyone!
After two years of unprecedented growth and consistent performance in the US with daily trading plans on the S&P 500 Index , we are now testing our models on the Indian stock markets with the NIFTY 50 Futures . This is our debut for you all who have been waiting for it!
While we know this would enthrall many readers that have been asking for it, we are cautious about jumping on these trades right away - give these models a few days, see how they perform, and then begin to adapt them to your own trading style and risk appetite. And, please do share your feedback, thoughts, ideas, and suggestions about anything glaring or missing - we are new to the Indian markets and are still trying to learn its idiosyncrasies. Thank you!
Notation:
(i) Use these line crosses on your choice of time frame chart.
Most aggressive - on a 1-minute chart
Moderate - 5 to 15 minute chart
Intraday swing - 30 minute chart
Note that the lower your time frame, the more choppiness and whipsawing you might experience in your results.
(ii) Cross Above (Below) - triggered when the previous close was below (above) the line and the current close is above (below). Aggressive traders may use other criteria such as high crossing the line, close crossing the line without regard to the previous close, etc.
Solid Green Line: Models would go long on a cross above this line
Dotted Green Line: Models would close out a short (buy to close an open short but NOT go long). You can use Close-to-Close basis OR Open-to-Close basis OR Low-to-High, depending on your trading style.
Solid Red Line: Models would go short on a cross below this line
Dotted Red Line: Models would close out a long (sell to close an open buy but NOT go short). You can use Close-to-Close basis OR Open-to-Close basis OR High-to-High, depending on your trading style.
( iii ) Take Profit: Our NIFTY models are currently using a 20-point trailing stop activated once a 15-point profit level is reached.
Stop Loss: Our NIFTY models are currently using a 30-point stop loss level activated at the entry.
This is NOT an investment advice. This is meant for experienced traders to use as another tool to inform and guide their own trading decisions.
TRADERSAI - A.I.POWERED NIFTY50 TRADING PLANS for THU 08/06
Hey everyone,
The trading levels for today, THU 08/06, are the same as for yesterday. Read below for more details.
Our debut message below (published on Thursday, 07/30) explains the notation and how to interpret the trading plans we publish, and who we are in this space. This is the Trading Day-5 of our limited test-launch for the Indian stock market NIFTY 50 Index. Appreciate your feedback and comments.
NOTE: Pay attention to the Take Profit and Stop Loss levels added as note ( iii ) below.
Good luck with your trading today!
***********************************************************
Hey everyone!
After two years of unprecedented growth and consistent performance in the US with daily trading plans on the S&P 500 Index , we are now testing our models on the Indian stock markets with the NIFTY 50 Futures . This is our debut for you all who have been waiting for it!
While we know this would enthrall many readers that have been asking for it, we are cautious about jumping on these trades right away - give these models a few days, see how they perform, and then begin to adapt them to your own trading style and risk appetite. And, please do share your feedback, thoughts, ideas, and suggestions about anything glaring or missing - we are new to the Indian markets and are still trying to learn its idiosyncrasies. Thank you!
Notation:
(i) Use these line crosses on your choice of time frame chart.
Most aggressive - on a 1-minute chart
Moderate - 5 to 15 minute chart
Intraday swing - 30 minute chart
Note that the lower your time frame, the more choppiness and whipsawing you might experience in your results.
(ii) Cross Above (Below) - triggered when the previous close was below (above) the line and the current close is above (below). Aggressive traders may use other criteria such as high crossing the line, close crossing the line without regard to the previous close, etc.
Solid Green Line: Models would go long on a cross above this line
Dotted Green Line: Models would close out a short (buy to close an open short but NOT go long). You can use Close-to-Close basis OR Open-to-Close basis OR Low-to-High, depending on your trading style.
Solid Red Line: Models would go short on a cross below this line
Dotted Red Line: Models would close out a long (sell to close an open buy but NOT go short). You can use Close-to-Close basis OR Open-to-Close basis OR High-to-High, depending on your trading style.
( iii ) Take Profit: Our NIFTY models are currently using a 20-point trailing stop activated once a 15-point profit level is reached.
Stop Loss: Our NIFTY models are currently using a 30-point stop loss level activated at the entry.
This is NOT an investment advice. This is meant for experienced traders to use as another tool to inform and guide their own trading decisions.