Trend Analysis
GU Closing out the week likely with a Rotational moveWe might get a little movement tonight for London session but I doubt it will be much. We had a big move yesterday and since its now friday I'm expecting price to move rotational in some form of consolidation.
DAX H4 | Bullish uptrendDAX (GER30) ) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 19,421.13 which is a pullback support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 19,290.00 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at 19,689.28 which is a swing-high resistance at the all-time high.
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AUS200 H4 |Falling to overlap support at 38.2% Fibo retracementAUS200 is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 8,287.45 which is an overlap support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 8,224.00 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level.
Take profit is at 8,395.60 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Kiwi H1 | Heading into resistanceThe Kiwi (NZD/USD) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6070 which is a multi-swing-high resistance.
Stop loss is at 0.6089 which is a level that sits above the 61.8% Fibonacci retracement level and a swing-high resistance.
Take profit is at 0.6038 which is a swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
WTI crude hints at cheeky bounce to $72WTI has fallen over 11% in seven days, and the loss of momentum around $70 could appeal to bullish swing traders. We're not looking for anything heroic here given the mixed signals on futures positioning, but it might be able to deliver a cheeky bounce higher over the near term.
MS.
DOGECOIN GETTING READY TO RALLY? (October 17, 2024)Some interesting things are developing on Dogecoin's weekly chart, let's break it down!
WHY I'M BUYING NIKE STOCK IN 2025 (October 17, 2024)A video explaining why NYSE:NKE potentially has a once in a 40 year buying opportunity, & what I'm personally doing to potentially take advantage of what's next for Nike Stock!!
XAUUSDGOLD to continue uptick on demand floor amidst geopolitical tension in the middle east.
i expect price to keep a bullish demand into 2730-2735 .price could go beyond 2758 before selling
WEEKLY FOREX FORECAST OCT. 14-18th: BUY THE S&P 500? YES!The S&P 500 looks to have supporting structure for higher prices. The bullish momentum is there, and Friday's close put that on display.
There is some potential for a limited pullback, though. But I would view it as a better price for a possible long entry.
What are your thoughts....?
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
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Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
WEEKLY FOREX FORECAST OCT. 14 - 18th: GOLD | XAUUSD Gold is still bullish, and BUYS are still the best bet. There is the potential for an overdue retracement, but I suspect it will be limited. The formation of a +FVG will support higher prices, and we may get that on Monday's close.
Patience....
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
GOLD is Setting Up For LONGS! Prepare to BUY!Price is pulling back to the Daily +FVG, which is nested in the Weekly +FVG, which is intersected by the Swing High. Three strong confluences for a high probability LONG.
Be patient, look for price to contact the POI, and then let your valid buy setup form.
Let the rest unfold.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
xauusdGOLD is coming to higher supply roof, after showing a strong bullish impulse leg in newyork session
i think price will go higher into 2700 and above
Tesla - False Bullish Breakout!Tesla ( NASDAQ:TSLA ) is almost back below resistance:
Click chart above to see the detailed analysis👆🏻
Last month, Tesla finally managed to close above the resistance trendline of the long term descending triangle continuation pattern. However over the past couple of days, Tesla stock then tumbled and is now trading below the trendline, potentially creating a false breakout.
Levels to watch: $160, $220
Keep your long term vision,
Philip (BasicTrading)
Trade Recap: AUDUSD - LONG, 17/10/2024AU Bias Analysis: Price mitigated a 1W FVG and was deeply discounted on the 1D timeframe and although still trading in a counter-trend on the 4H, we saw a displacement higher which formed a 4H bullish order block and established a 1H bullish range. Price protracted lower into EPD and the 1H FVG where I waited for entry confirmation and executed.
Grade: Valid
What I did well or could've done better:
- Executed before market close out of a little bit of FOMO as I was waiting for a meeting to begin. I should've Waited for the 15M candle to close before executing the position.
- Regardless of not having a strong conviction in the trade, I executed a position which fit the plan but wasn't picture perfect.
- Managed my positions well and closed manually once phase 1 target was achieved.
GBPJPY BREAK DOWN 12M 3M 1M 1W 1D 4H 1H Here is my out look for all possible time frames bullish out look for pound yen
SPY/ES1! Flagging In Bullish Carryover Trend - Squeeze PosssibleCheck out the APEX FLAGGING formation in the SPY and ES chart; they are aligning perfectly.
If my analysis is correct, the SPY and ES should move into an upward price squeeze after the Flag Apex volatility period (roughly 20+ minutes) is complete.
That means the SPY and ES should move into a more defined upward price trend as we close out the day today - possibly carrying into tomorrow.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AUDUSDAUDUSD,the pair will maintain bearish impulse following dollar upswing and the unemployment data didn't show more negative impact on dxy
The 3 Session of Rise Reversal Setup, with todays Silver R4 Going through my thinking process of the whole session, pair selection and the 3 trades i took. Gold breakout continuation long, NAS FOH Continuation short (stopped out) and then an end Session 3 sessions of rise reversal short with Silver. Additionally i am explaining the 3 sessions of rise setup in detail
This Wyckoff VSA Buy in Gold and Short S&P FuturesIn this video produced by Author of "Trading in the Shadow of the Smart Money", Gavin Holmes, we see clear buying by professionals in the GC futures contract (Indicator is PB in the Wyckoff VSA system for TradingView) and clear selling into the e-Mini S&P Futures contract (Indicator is PS in the Wyckoff VSA system for TradingView).
The markets move based on three universal laws, its simple as explained over 100 years ago by Richard D Wyckoff, a famous investor in the early 1900's.
The laws are:
Supply and Demand
Cause and Effect
Effort Vs Result
The fourth law to success is your belief system, often referred to in new thinking as:
The Law of Attraction. Enjoy the video and I hope it helps You succeed.
Namaste, Gavin Holmes, Author "Trading in the Shadow of the Smart Money" and "Think-Link-Create".
BTC Cycles & TA:10/17/24The Stage is set... The indicators are now saying that a pullback or a somewhat strong correction is inbound. The bulls and bears are fighting it out, but the charts, cycles, and indicators are saying to expect downside, for a few days.
XAUUSD October 17 2024 Activity and Opinion at NEW ATHToday was a day for my first loss this week in respects to the positions taken.
We had 2-3 trades miss this week aswell as I am the type of individual to set it up early and go about my day.
regardless, we have still been quite positive in respects to the trading week.
As mentioned in the video, I will no longer be trading XAUUSD until prices begin to stabilize after ATH push is completed. Ideally I would like prices to go back down into the existing range for optimal trading environment.
