Tradingsetup
DXY D1 - Short SetupDXY D1 - Dollar still sitting south of our indicated area of S/R, we caught some XAUUSD longs today, but eventually broke south and failed to set a new highs. Plenty of time left in the week to see our expectations unfold.
Regardless, even when you’re wrong, you can still make money with effective risk management and position management.
Still looking to buy gold, and still looking to see a comfortable break of $1800/oz this week. Some big resistance zones on EURUSD and GBPUSD. But I think these will break after this weeks cluster of data points.
US Market – Long, Mid & Short-Term ViewHow to formulate investing and trading ideas for the long, mid and short-term within one single market? In this tutorial, we are using S&P.
What you are about to learn can be applied to all markets.
Markets are giving us many confusing signals with Dow Jones. According to CNN report, it enjoyed its best month in nearly a half-century in October and it’s up nearly another 3% in November.
Whereas Nasdaq and many other stocks are very much still in their negative zone for the year.
Also, the Fed’s policy is not very encouraging, with their priority to curb inflation with higher interest extending to next year than to pause it so as to revive the economy.
So, with all these confusing signals, we are going to learn how to derive:
Content:
• Long-term view with week
• Mid-term view with day
• Short-term view with 15min
E-Mini S&P
Minimum fluctuation
0.25 point = $12.50
1 point = $50
10 points = $500
I have started this trading series, the purpose is for “Investing & Trading into Longevity”. And again these strategies shared, they can be applied to most markets.
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
BTC TA - Bullish scenario 4h timeframeI opened a Long yesterday around at the 0.618 fib level. Let's see what will happen 🚀. Just remember: Stick to your plan and have a good risk management 👍
And that's the main reasons I decided to take a long on SOL :
► Confirmation of the retrace and breakout of the falling triangle (yellow lines)
► Retrace of the 0.618-0.65 fib level
► Bounce from the support line (blue)
► High risk reward ratio
Trading setup:
Entry: $29544
SL: Moved to breakeven ($29544) It was at $29200
TP1: $32100 (60%)
TP2: Let it run till 40k area if this scenario plays out and move your SL above TP1 level
⚡Just to notice. We ar right now in a very volatile market phase in the crypto. Crazy and unpredictable things could happen. That's why you should use a stopp loss. ⚡
Disclaimer: DYOR. No financial advice. Just for your impression.
GBPCHF shortWith everything going on in the world right now, we have a risk-off trading environment and we a running towards the safe heavens currencies so for those reasons believe this would be a great setup if we reach the resistance level and reverse from it with a nice 4hr bearish candle. Please leave a like and let me know what you think in the comments.
GoldViewFX - RANGE BOXING = RANGE VIEW - STRATEGYHey All,
We had some great feedback from our back to BENCHMARK strategy (see related post below) and wanted to share another simple strategy that I have been developing and using for many years that I call, Range Boxing. A term I thought was the perfect cliche of two words for this strategy.
RANGE BOXING creates what we call a RANGE VIEW; A clear view for price action within pre-determined zones. This then allows us to trade a ranging market and get out before a RANGE BREAKER or gear up to ride the RANGEBREAKER by identifying the RANGE SHIFT. I will define each term below and then walk you through the strategy.
RANGE SHIFT
This is the early signs of a range breaker or a merger of a range and allows us to start identifying when the price is about to break out of a range or MERGE (more likely).
RANGE BREAKER
The break out of the range into another range confirmed with EMA5 break and candle body close above or below the RANGE BOX
RANGE BOX
Boxes created around a side by side price range, defining the top and bottom of the box with EMA5 Goldturns (See all my previous posts on Goldturns) Its the way we draw SUPPORT and RESISTANCE. They create levels with less noise and more suited to trade Gold. Please see example below of a RANGE BOX, created using GOLDTURNS.
RANGE VIEW
This is created by using historical range boxes in the same range and bringing over the boxes to the current price range. This now gives you the view of the projected range.
HOW TO USE THE STRATEGY
Strategy can be used on higher time frames for longer term direction, however I find it more effective to trade with on the 1 HOUR and or 4 HOUR chart.
I zoom out of the chart and look for the last time the price was in this range and identify the 3 ranges. One range above (RANGE1), the middle range (RANGE 2) and the bottom range (RANGE 3).
I then created boxes around those ranges 1,2 and 3 using the highs and lows of the Goldturn levels. (See example above).
Once this is done, I now bring those boxes and stretch the boxes across to the current price range. This now gives us the RANGE VIEW. I always put a half line across the range of a RANGE VIEW. It allows me to break down the zone to identify the RANGE SHIFT.
I can now trade the current range using these levels, bouncing up and down the range. Identifying each level break and rejection using Goldturns and EMA5 breaks. If a box is broken with EMA5 and a candle body close, its a range breaker and it opens target to the entrance of the next RANGE BOX. To enter the RANGE BOX we again look for EMA5 to break inside with a candle body close, which then confirms movement to the half line and then same again for the target to the top of the RANGE BOX. A rejection by resistance, will then have the price come back down to find support, until we see another breakout.
We can start to identify early breakouts by identifying a RANGE SHIFT and a fake BREAKOUT by Goldturn rejection. Please see the example of the chart, RANGE 3 into RANGE 2. When the half line is broken up from range 3, price started to find support on the half line from resistance to support. This allowed us to identify the structure for a RANGE SHIFT. RANGE SHIFT's are easier to catch then a RANGE BREAKER, as a RANGE SHIFT is a merger approach into a new range.
I can now also apply the Back to BENCHMARK strategy, as an overlay on each range to support a BREAKOUT or RANGE SHIFT.
I hope you all find this setup useful and it adds as an additional tool to support your trading analysis.
Please don't forget to like, comment and follow, it really helps us to bring more quality content to you all.
GoldViewFX
XAUUSD TOP AUTHOR
Banknifty analysis for 29/12/2021Banknifty finding base from last 7 trading sessions and didn't break previous low.
And from last 7 days it is range bound also in wider range.
Immediate resistance is placed at 35350 let it break then we can see 35550 and 35700 level.
On the flip side 35000 will act as a strong support for this bounce back.
Trading level
Buy above 35350
Target 35480, 35550, 35650
Sl 35170
Sell below 35140 for 35000.
Swing & positional trading opportunities for next week (27 dec)Here are a few stocks that have the potential to do well, in collaboration with @AVENUESOFINVESTMENT. You might feel that's a lot of stocks, but good stocks correcting a little has given birth to several opportunities. Also, the video cuts abruptly because TradingView has a 20 min max recording limit.
BAT-USDT will drop with the market (15 min view)Hello traders and investors.
I don't normally post such short TF charts, but I see a good opportunity here.
Ascending channel formed on hourly is looking to be losing strength.
This is a very short-term trade set up🆗
Enter at your own risk.
Target point 💲0.88
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs etc. I always recommend looking at multiple charts when making a big investment!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
🐶