NFTX Stock:Using The 3 Step Rocket Booster StrategyAm from taking a warm bath,
because I need it in order to release the stress from
watching the stock market
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Also yesterday I was dealing with some teenagers
who just didn't seem to listen
to discipline.
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Very hard to be stress-free and disciplined in this
market
but that's why we follow systems.
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Trading systems put the child in us
in a discipline, mode to stay put and wait
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for the market to react
You need to learn how to hold your position
especially in this stock NASDAQ:NFLX
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So for this chart I have decided
to show you a trend analysis tool
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I call the rocket booster strategy
which enables you to tell
wether a stock price is in an uptrend or not.
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If its not in an uptrend then you are buying
against the crowd.
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Thats how powerful this message is.
So what is the rocket booster strategy?
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It has the following 3 steps:
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Step#1:The price has to be above the 50 EMA
Step#2:The price has to be above the 200 EMA
Step#3:The 50 EMA should cross above the 200 EMA
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When these 3 things happen it means the
price is in an uptrend.
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If you want to continue guessing and not
know the price direction
then don't follow this strategy.
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But if you want to learn more about
trend analysis rocket boost this content.
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Disclaimer:Trading is risky because you will lose money wether
you like it or not...am sorry.Please learn risk management
and profit taking strategies.
Trend Lines
AUDUSD InsightHello to all subscribers!
Please feel free to share your personal opinions in the comments. Don't forget to like and subscribe!
Key Points
- UK September CPI falls short of expectations at 1.7%, raising hopes for a BOE rate cut by the end of the year
- Rising Trump risks contribute to dollar strength
- Expectation for a 25bp rate cut by the ECB in October
- Anticipation of a 25bp rate cut by the Fed in the November FOMC meeting
Economic Indicators
- October 17: Eurozone September CPI, ECB rate decision, U.S. September retail sales
Chart Analysis
AUDUSD is showing strong downward pressure near the 0.69400 level. It has currently dropped to around 0.66500, a region considered to be within the support zone. There is potential for further pressure down to the 0.66000 level, but a rebound towards the 0.69000 level is expected afterward.
However, if the price breaks below the 0.66000 level contrary to expectations, I will promptly adjust the strategy.
US small cap breakout sets scene for run to record highsRussell 2000 futures closed at cycle highs on Wednesday, benefitting apparently from optimism Donald Trump will win the Presidential election. That may be so, but for the US small cap space, technical signals often come across as far more important when it comes to directional risks than any fundamental factor.
The latest rally was sparked by a break of downtrend resistance, sending futures surging through the downtrend running from the 2024 highs set in late July. While some may not put much weight on it as it was only established last month, running from two cyclical peaks, the downtrend comes across as decent level to build a long setup around.
Traders could buy above the downtrend with a tight strop below, initially targeting 2320.6. For the trade to stack up from a risk-reward perspective, we’d need to see a push towards 2378.3 or 2460.8, the latter coinciding with the record highs set in the early stages of the pandemic.
Momentum indicators continue to generate bullish signals, adding to the base to buy dips or breakouts.
Good luck!
DS
Navigating Market Volatility: Strategies for Gold Trading
In the New York market, profits from short positions near the recent high of $2,680 have been realized on two occasions. Similarly, profits from low buy orders have been observed. Currently, we find ourselves near the $2,675 level, where I have paused trading. Upon market opening, I anticipate a certain degree of downward movement, providing opportunities for gold price recovery. As mentioned previously, breaking through the recent highs requires greater momentum. Until this momentum materializes, I suggest maintaining a predominantly short position. Key factors to monitor include geopolitical developments and the release of initial jobless claims data in the U.S. this week, as well as any potential black swan events.
Sell: $2,680 - $2,685
Buy: $2,660 - $2,665
Profit margins should be managed at your discretion.
CAPITALCOM:GOLD OANDA:XAUUSD
Use 2684 as resistance to short goldToday, gold was pushed up to around 2683. This round of gold rise is in line with our expectations. Yesterday, we went long on gold in the 2645-2650 area and made a good profit. Currently, gold is approaching the previous high of 2684. Although bullish sentiment is high, I do not recommend going long on gold here directly, after all, the suppression of the previous high still exists.
We have just shorted gold near 2683. Currently, gold has fallen back to around 2674, and our short position has made a good profit. Then our short target is the 2670-2665 area. Of course, if gold can fall back to the 2660-2655 area, I may consider going long on gold in combination with the real-time market.
Altair Engineering (ALTR) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | 15 Minutes Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Short
Gold : Key Events to Watch for Breakthrough OpportunitiesGold prices are currently facing significant upward resistance, and breaking through historical highs requires specific market catalysts. Major economic data releases, shifts in geopolitical dynamics, and the upcoming U.S. weekly jobless claims report are all critical factors that could impact gold’s trajectory. Additionally, a substantial appreciation of the U.S. dollar may exert further pressure on gold prices.
Therefore, in the short term, it is advisable to adopt a strategy focused on selling at high levels to achieve optimal profit targets.
Sell Range: 2685-2680
Buy Range: 2660-2665
OANDA:XAUUSD CAPITALCOM:GOLD COMEX:GC1! COMEX_MINI:MGC1!
$USDT Dominance BREAKS OUT of 232 Day Parallel ChannelCRYPTOCAP:USDT Dominance has broken out and Closed below its 232 Day Parallel Channel.
Expecting a test on the 200DMA.
Once that breaks, and we get the Death-Cross, CRYPTO GOES PARABOLIC
I’ll post a full breakdown of the Weekly Close on Sunday.
End of cycle target will be 2.5%
Learn Supply and Demand Zones in Gold Trading
In this article, I will teach you how to identify supply and demand zones on Gold chart easily.
You will learn what are supply and demand zones and how to apply it in Gold trading.
In order to identify supply and demand zones on Gold chart, the first thing that you should do is to execute a complete structure analysis.
You should identify horizontal structures: support and resistance levels/zones; vertical structures - trend lines.
That's how a complete support and resistance analysis should look.
On a daily time frame, I have underlined all significant horizontal and vertical structures.
First, let's look for demand zones.
A demand zone is a specific area on a price chart that combines multiple key structure supports: horizontal or vertical ones.
Buying orders of the market participants will be placed within that entire area.
Our first demand zone will be based on a Horizontal Support 1 and a Vertical Support 1. A trend line and a horizontal support compose an expanding area.
We will call such an area a demand zone, simply because we assume that buying volumes will accumulate within that entire zone. And lower the price will move inside that area, more buying orders will become active.
Our second demand zone will be based on Horizontal Support 3/4/5.
All these structures are lying very close to each other. Some supports even have common boundaries.
These supports will compose a demand zone , a wide horizontal area where buying orders will be placed.
Vertical Support 2 is lying very closely to our Demand Zone 2.
A horizontal demand zone and a trend line will compose and expanding demand zone.
Now let's discuss supply zones.
A supply zone is a specific area on a price chart that combines multiple key structure resistances: horizontal or vertical ones.
Selling orders of the market participants will be placed within that entire area.
There is one supply zone on our Gold price chart. It will be based on a Horizontal Resistance 1 and Vertical Resistance 1.
Both structures are lying very close to each other.
We will assume that selling orders will be placed throughout that entire area and the higher the price moves within that, the more selling orders will become active.
Remember that you can identify Supply and Demand Zones on Gold on any time frame.
A bullish movement and a bullish reaction will be expected from a Demand Zone.
While a bearish movement and a bearish reaction will be expected from a Supply Zone.
Because Supply and Demand Zones are relatively large areas, it is very important to analyze a price action within these zones before you place a trade.
Thank you for reading!
❤️Please, support my work with like, thank you!❤️
Short-Term Rebound and Conservative Short StrategyAfter shorting at 2668 yesterday, it dropped about 7-9 points to 2659. Then it started to consolidate sideways, which is consistent with my speculation in the short term. However, after the overnight gold price was affected by the news that "Israel's attack plan on Iran is ready", it continued to rise to 2683, close to the historical high. But the detailed events have not been updated. So will the war break out again?
At present, the gold price is at 2678, and I continue to short. At present, there is still buying pressure near 2685. So the gold price will continue to be under pressure and fall in the short term. Of course, if the market releases "smoke bombs" again. I think the gold price will fall again and then rebound to test the upper pressure position.
Short the gold price first, and then go long.
sell:2683-2679
buy:2660-2665
Waiting for the arrival of the New York market.
GBPJPY Potential Trend ContinuationThe market is currently testing a key psychological support level at 193.000 after a period of consolidation following recent bullish momentum. If GBPJPY closes above the 194.000 level, it could indicate continued upward movement, setting the stage for a retest of the resistance zone above this level. Given the recent bullish sentiment, a clear break and close above 194.000 would likely signal further bullish moves, potentially pushing the price toward higher levels within the resistance zone. The target is the resistance at 194.500
XAUUSD Potential Up Trend ContinuationWith no high-impact news today, the market is likely to stay in sideways movement until tomorrow. However, sudden developments from the Middle East could introduce volatility, especially for gold. Currently, the market appears choppy, forming a triangle pattern. If the price moves below Friday's low, the triangle may evolve into a bullish flag pattern. Despite the sideways action, the market continues to show bullish signals from both technical and fundamental perspectives. The mid-term target is the resistance zone around 2685
EURUSD Possible further Drop after a small up correctionThe market broke through the 1.1000 round number following the negative NFP data for EURUSD, pushing the price below the September low. There's a strong possibility it could retest the next round number at 1.0900. The weekly candle reflects growing bearish momentum, and zooming out reveals that this level has historically acted as a key support multiple times. If the price is rejected at this resistance zone again, it could signal further bearish movement. The overall outlook remains bearish as long as the price stays below 1.1000. The target is the support level at 1.09050
HelenP. I Bitcoin can make retest and then continue to growHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price some days ago BTC dropped lower than support 2, which coincided with the support zone, but soon turned around and made a strong impulse up. BTC reached support 1 and then some time traded near, even entering to one more support zone. Later, when the price entered the support zone a third try, it broke support 1 and rose until to the trend line, after which turned around and dropped to support 2, breaking support 1 again. Also, the price started to trades inside consolidation, where it some time traded near support 2 and then rose to support 1. But then BTC at once dropped to the support zone, after which it turned around and made a strong impulse up, breaking support 1 and exiting from consolidation. Also, it broke the trend line recently, and now continues to move up, so, I expect that BTCUSDT will make a retest of the trend line and then continue to grow. For this case, I set my goal at 66400 points. If you like my analytics you may support me with your like/comment ❤️
BTCUSDT Potential Up trend continuationLast week, BTCUSDT bounced off resistance and dipped to retest the psychological support level at 60,000. After the retest, the price rebounded and broke above the 62,500 level, which had been tested and respected five times in the past. The recent bullish candle further underscores the strength of this level, breaking through it with momentum. On the daily timeframe, the formation of higher lows and higher closes indicates a bullish sentiment. If the support holds, there is a strong chance the price may retest the recent resistance zone. The target is the resistance zone around 65,500
HelenP. I Gold will exit from wedge and continue to move upHi folks today I'm prepared for you Gold analytics. In the chart, we can see how the price, some days ago, broke support 1, which coincided with the support zone and dropped to support 2. Also, XAU made two gaps, when it declined, after which it turned around from one more support zone and rose back to support 1. Then price turned around and slowly declined to the support zone (2628 - 2622), and when it reached this area, Gold broke support 2 and fell to the trend line. Later, the price turned around and started to grow near the trend line inside the wedge pattern. In this pattern, the price broke support 2 one more time, made a retest, and rose almost to support 1, making a third gap. After this, XAU made a correction to the trend line and then made an impulse up to the resistance line of the wedge, breaking support 1. At the moment, the price trades near this line, for this case, I expect that XAUUSD will drop to the support zone and then bounce up, exiting from the wedge. Then it can continue to grow as well, that's why I set my goal at 2700 points. If you like my analytics you may support me with your like/comment ❤️