USDJPY Swing High| Local S/R| Price Action| Trend
Evening Traders,
Today’s analysis – USDJPY – trading towards a key swing high where a rejection is probable,
Points to consider,
- Price action impulsive
- Local S/R Support
- .618 Fibonacci Confluence
- POC Support Confluence
-
USDYJPY’s immediate price action is impulsive, a swing failure pattern allows for a bearish bias.
The Local S/R is current support that is in confluence with the .618 Fibonacci and the POC. Holding this level is critical for a bullish bounce.
Overall, in my opinion, USDJPY is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Trading doesn't just reveal your character, it also builds it if you stay in the game long enough.”
― Yvan Byeajee
Trend-trade
BTCUSDT PA Pennant/ Triangle| Fake-outs| Trend Evening Traders,
Today’s analysis- BTCUSDT- trading in a clear price action pennant where an impulse is probable,
Points to consider,
- Price Action Impulse
- Dynamic S/R
(Support and Resistance)
- Low Volume
- .618 Fibonacci Resistance
BTCUSDT’s immediate price action is trading under its Dynamic S/R where an impulse is probable, allowing for short entries.
The .618 Fibonacci allows for a defined short entry for a continued bearish directional bias.
The Dynamic S/R is current resistance that if broken will negate the bearish case.
Overall, in my opinion, BTCUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.”
― Yvan Byeajee
Is the Sleeping Giant ready? *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been following Alibaba for the past few months. We have an original entry of $207, with a short term target of $238.
There is no denying the massive oversell of BABA. It's a GREAT stock going forward and we absolutely believe that it will be trading in the $300 range before October. So is the sleeping giant ready? My team wants new traders to understand that timing the market is impossible every time, so instead we're more focused on risk management. This is why our stop loss is at the $203 range. If it goes past that price range expect BABA to correct down to $188-191 per share. However, we're expecting the giant to have a short term rally up to $238.
Please follow us @Simplyshowmethemoney in order to stay up to date with our current trade topics and trends.
Feel free to comment and let us know your thoughts.
** EURGBP BUY ** Target hit!The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
BEPRROUSDT Local S/R| .382 Fibonacci| 200 MA| Price ActionEvening Traders,
Todays analysis – BEPROUSDT- trading at a key technical location where a move up is imminent,
Points to consider,
- Price Action Impulsive
- Local S/R Support
- Swing High Objective
- 200 MA Support
- .382 Fibonacci Confluence
BEPROUSDT’s immediate price action is impulsive, trading above its local S/R that has technical confluence with the .382 Fibonacci and the 200 MA, allowing for a long bias.
The Swing High is current objective, exceeding this level increases the probability of a trend continuation.
Both oscillators are neutral, remaining in their bullish control zones is indicative of strength.
Overall, in my opinion, BEPROUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee
GBPUSD TP Hit 🎯Entry details are shown on the chart.
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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.
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Please hit the 👍 LIKE button if you like my ideas🙏
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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 .
Thank you.
Darren
EURUSD - Sell approaching TP 🎯Entry details are shown on the chart.
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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.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM.
Thank you.
Darren
AUDJPY Running in a Sell 🎯Entry details are shown on the chart.
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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.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM.
Thank you.
Darren
EURGBP - 4 out of 5 aint bad...🎯Win rate doesn't mean shit, I've said this before.
But, here we have a nice win rate coupled with a nice risk to reward.
The last 4 out of 5 were winners as you can see.
Alert is set ready to share the next trade should I be online - so ensure you're following.
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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
GBPUSD - I'm Now In Sells 💥USD has had a poor week, could it hold at these levels and force some XXXUSD pairs back down?
Lets see.
Entry, SL and TP details are on the screen.
The last buy position worked out a treat.
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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
NZDUSD - Sell now valid 💥USD has had a poor week, could it hold at these levels and force some XXXUSD pairs back down?
Lets see.
Entry, SL and TP details are on the screen.
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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
BNBUSDT Price Action Discovery with Strong Bullish Volatility Points to consider,
- Weekly S/R Zone Bullish Retest
- Price Action Discovery Mode
- Strong Bullish Volatility
- New All-Time High Established
BNBUSDT, maintaining its consecutive Higher Lows in a Price Action Parabola, no valid Volume Climax’s are present which is indicative of further upside potential. Price Action as of now has a greater probability of testing this recent S/R Flip Zone, allowing for long biased entries.
Observing the Chart above, we can see a clear Daily S/R level that has been a staunched resistance until a break and retest leading into the Weekly S/R Zone. The initial test of the weekly level posed a rejection, causing Price Action to oscillate between the two key Support and Resistance Levels.
A Local Higher Low Projection between these levels was established, leading Price Action to consolidate under the Key Weekly S/R Zone. Such consolidation is deemed bullish as Price Action absorbs supply as volatility tightens. Evidently, a Bullish Engulfing candle came to fruition, breaking the S/R Zone and confirming a retest before a continuation.
As of current, a strong Bullish Volatility Expansion has occurred, leading Price Action into all-time highs. Being in a Blue-Sky breakout with no valid volume climaxes deems further upside being highly imminent as there are no valid signs of a temporary top.
BNBUSDT Daily RSI
Perceiving the current RSI; trading at overbought conditions needs to be taken into consideration. The previous overbought conditions at this extreme were met with a deviation back into its Bullish Control Zone. Thus it is highly probable at some stage that a deviation will occur, holding the Bullish Control Zone will then be important to maintain a bullish direction bias.
To conclude, BNBUSDT remains in price discovery with no sign of a temporary top such as a Volume Climax Node. The All-Time Highs is now the current objective, exceeding this level will increase the probability of a further expansion. The RSI on the other hand needs to be monitored for a deviation back into the Bullish Control Zone. Holding these regions will solidify strength in the trend, however breaking and penetrating the Bearish Control Zone will signify short-term weakness.
Hope this article helps in making discretionary trading decisions.
💥 Gold sell - print it, frame it and put it on the wall.💥Our M15 Gold strategy hits some losses, but we cut them short and let the winners run.
That's the key right?
This will be held until we see a reverse signal.
Are you in Gold sells too? Running 1/7 RR currently.
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If you like my posts.....
Please hit the 👍 LIKE button 🙏
Follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
Thank you.
Darren
Regards
Darren
USDJPY Weekly S/R| Swing Low| 21 EMA| Price Action Evening Traders,
Todays analysis – USDJPY- trading below weekly S/R with further downside probable,
Points to consider,
- Price action impulsive
- Weekly S/R Resistance
- Swing Low objective
- Oscillators Bearish
USDJPY’s immediate price action is bearish under Weekly S/R, a bearish retest will allow for a short biased trade.
The swing low is current objective, price action exceeding thing level will increase the probability of a further trend continuation.
Both oscillators are trading in their respective bearish control territories, remaining here is indicative of weakness in the market.
Overall, in my opinion, USDJPY is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work
And remember,
“There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.”
― Yvan Byeajee
Don't miss the Gold sell. And get on Santa's good list 🎅🏻👇🏻Gold sell - new sell trend identified by our Edge Algo. 📈
SL and multiple targets shown on the trade itself.🎯
BTW, I did nothing with this analysis - all done for me whilst I stand in queues trying to get my last few bits of Christmas shopping. 😎
Systematic Algo trading at its best.
Merry Christmas all, catch you after the big man has been.🤷🏻♂️
Or not.
Regards
Darren
P.S. Santa said you are likely to be on the 'Good list' if you drop a like on this trade idea.🙌
P.S.S. Odds further increased if you checkout and do the same on my 'related ideas'. 🙌🙌🙌
EURNZD - Stop loss hit 🤷🏻♂️Stop loss hit on EURNZD.
Direction correct, but the ATR based SL was a little tight on this particular move.
But its one trade, we know it works historically, because we have tested and can see the results if we increase it will have a longer term negative effect.
We can not let a recent trade give us 'recency bias' and cause us to change anything.
Regards
Darren
GBPNZD - take the time to find levelsOnly trade I've entered today. Nice level alone with a 3rd touch into the trendline (remember this is the markets it may not always hit your desired target 100% of the time) we missed the trend by around 40 pips but we took the entry anyway due to these nice levels.
Only a 2% risk on this trade, with a RR of 50 pip SL and around 260 pip Take profit. We'll more than likely hold this trade over the weekend.
If you have any questions feel free to drop me a message.
Enjoy your weekend and appreciate the people around you on your journey.
NZDJPY - look for strong levels within the chartAs you can see from the analysis here. NZDJPY respects the daily level of70.036 very well. I have marked these areas out in yellow where price has reacted purely off these. If you look at the trendline we currently have we can see that the pair was on the rise. You can see where the red box is where we lost the trade as we expected more upward movement. With correct risk management these losses are ok.
What you can see now is we have marked out an area where price should reach the trendline to retest and also test the daily support both of which mean we should see some downward movement. Let's wait and see what happens.
US30 Sell still valid.Still time to review and consider this one - not far from entry price.
This entry is based on our specific parameters for US30 as you can see in the bottom graph - almost a 1000% gain since 2018 with a fixed 1 contract size, no compounding!
We are aiming for TP3 or closure for a reverse trade for target, but manage as you wish should you enter for those without access to our tool.
Regards
Darren