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Trendtrading

Short sell entry on BTCUSD?BTCUSD provided a short sell entry as the bearish flag breakthrough was followed by a break of the 50DMA. Following the ETF approval, there was a surge in distribution, indicating a local top. I believe it is time for BTCUSD to make a major pivot. I am an optimistic person, and shorting does not fit my psychological profile, thus I prefer long-only trading. And, yes, we should keep in mind that we are still in the early stages of a bull market. Note - Altcoins like ETH and BNB are forming bullish flags signifying a divergence.
BITSTAMP:BTCUSDShort
by nuevatraders
💡 EURUSD: Analysis January 17EURUSD has fallen to the support zone around 1.0850. If the price forms and gives us a signal to buy up in this zone, we can consider trading. If you trade this frame, please note that you can wait for the price to break the most recent peak of the H4 frame and then look for a buyback price according to the previous price increase, so you will have a much higher probability of winning. . In general, with this currency pair, please pay attention to the current support price area around 1.0850. If there is a signal of a price decrease, you can consider trading. Also note that we have a small resistance level around the round number 1.0900. If you are trading in the low frame and see the price approaching this area and forming a nice bearish signal, you can consider it. Can you please sell soup from this area?
Long
by Stone_Haven
💡 GOLD: Can gold maintain the 2000 USD mark?At the end of Tuesday's session, gold prices had their worst session since nearly a month and a half ago, after weakening more than 300 pips to below the 2030 USD/oz mark last night. As of this afternoon, the price of this metal continues to find a new bottom when it falls to the 2020 USD/oz mark and if this downward trend continues, it is highly likely that it will be difficult to maintain the 2000 USD/oz mark in today's session. . The reason for the gold market sell-off is believed to be related to Mr. Christopher Waller - Governor of the Federal Reserve (Fed) giving a speech stating that the Fed may loosen monetary policy more slowly than before. with what the financial markets are speculating recently. According to Mr. Waller, although inflation in the US is moving towards the target, it is still unclear whether low inflation can be sustained or not.
TVC:GOLDShort
by Stone_Haven
💡 GOLD: Forecast January 17Gold tumbled on Tuesday, completely erasing last month's gains and inching closer than ever to the 50-day simple moving average, a key support indicator that sits slightly above the $2,010 area. The bulls must defend this technical zone; Failure to do so could trigger a move to $1,990, followed by $1,975. On the other hand, if the buyers return and create a bullish reversal, resistance will appear at $2,045-$2,050. Removing this cap decisively may be difficult, but a breakout could create the right conditions for a rally to $2,085, the late December peak.
TVC:GOLDLong
by Stone_Haven
Trend Trading Strategy - Trend Continuation Master the Market Rhythm: Trend Continuation Strategy with Fibonacci Precision Ready to ride the market waves with confidence? This video unlocks the secrets of a powerful trend continuation strategy, designed to capture momentum and maximize gains. Here's what you'll discover: * Identifying the Trend: Learn to spot bullish (higher highs, higher lows) and bearish (lower highs, lower lows) trends like a seasoned pro. * Support & Resistance: Leverage key price levels where the market reverses, creating exploitable entry points. * Timeframe Harmony: Start from the bigger picture and zoom in, pinpointing the ideal entry zone on lower timeframes. * Fibonacci: Harness the power of the 61.8% retracement to identify high-probability trade zones within the trend's ebb and flow.
Education
by fxtraderanthony
Still a good arbitrage: Long Japan/ Short Chinawaiting for a short setup against China A50 and a long setup on Nikkei 225. Let'see how it goes. Traders who did the Long Japan/ Short China trades last year earned a lot. Will this combo still be the most beneficial trade for equity traders? Currency these 2 economies are gonna cut their rate. The difference is China's gonna cut their rate regardless of fed's policy, while Japan will be released from the high interest difference between USD/JPY. Economy This part is tricky. Japan enjoyed 6% inflation since the "Big Inflation" during the post-Covid international inflation, which is the dream that Japanese authority chases for decades. Price index and relative cheaper interest for leveraged capital is the 2 biggest Will it continues to grow As for China, I will write a new article soon
PEPPERSTONE:CN50Short
by jtwongresearch
Rising Star in Insurance: Kingstone Companies, Inc.Kingstone Companies, Inc. (NASDAQ: KINS), an insurance company offering policies to small and mid-sized businesses and individuals, has experienced a notable increase in its stock price over the past year. The company's stock has soared by 27% in the last three months and climbed 55% in the last year. Despite this surge, it's important to consider various aspects of the company's performance and market position before making investment decisions. Kingstone Companies operates in a competitive insurance industry and faces competition from several companies. However, it has managed to maintain a competitive position in the market. The company's profitability rank is moderate, with ROE, ROA, and ROIC figures suggesting profitability lower than the industry average. Nonetheless, the company has remained profitable for 7 out of the past 10 years. The company's growth rank also indicates a moderate growth rate, with a mixed record in terms of revenue and earnings per share growth over the past few years. This suggests that while the company has potential, its growth has been inconsistent. Kingstone Companies recently transitioned from making a loss to reporting a profit, which is a positive sign. However, the modest dividend yield might not be a significant factor in supporting the stock price. When evaluating the company's potential for investment, it is crucial to look beyond just the recent surge in stock price and consider the overall financial health and future prospects of the company. In conclusion, while Kingstone Companies Inc. has shown promising stock price performance recently, investors should carefully assess the company's financials, market position, and growth prospects before adding it to their portfolio. The recent increase in stock price could be an indicator of potential, but a thorough analysis of the company's overall performance and market dynamics is essential for making informed investment decisions.
NASDAQ:KINSLong
by olimchik
💡 EURUSD: Forecast January 16EURUSD continues to fluctuate in a narrow range, not creating new notable signals. However, the fact that the price has accumulated for too long around the lower border of the rising channel combined with the previous strong falling wave shows that the risk of breakdown is increasing. Bulls need to keep SL below 1.09 for existing long positions, guarding against the possibility of a price decline. If this happens, the short-term target for bears is around 1.075.
Long
by Stone_Haven
💡 XAUUSD: Reversal signalGold price suddenly dropped sharply in the last session when sellers returned around the 2060 resistance zone. Currently, the price has been forced to fall below the 2040 conversion price zone and is testing the previously broken down channel. Observing on the daily frame, we also see a very noticeable bearish engulfing pattern that has just appeared. The situation has changed, these price behaviors show that the buyers no longer control the market and the possibility that the price will decrease in the short term, you should temporarily suspend the buying strategy. Pay attention to the 2020 zone, if it is completely broken, the target that the bears aim for could be 1980.
OANDA:XAUUSDShort
by Stone_Haven
💡 XAUUSD: Accumulation price compression phaseD1 gold increased yesterday, but the price bar created had a very narrow amplitude and was inside the previous price bar, creating a price action combo of inside bar + Narrow range bar, showing the cumulative price compression period. The gold D1 chart structure is still moving sideways. H1 gold, after breaking out of the upper border of the lower price frame, is slowing down and cannot continue its upward trend because it has not yet created a higher price peak. Today the expectation is to continue waiting to buy H1 gold from the support zone below. If the price falls deeper, you can switch to waiting to sell gold because it is a sign of weakness.
OANDA:XAUUSDShort
by Stone_Haven
NZDCAD - Range BreakoutNZDCAD has been ranging since December 2023. More specifically, this range formed in early December (of 2023) when price failed to form a new higher high. I've been monitoring this pair on and off. While I have observed previous fake breakouts, or fakeouts, I would say the confidence level that this latest breakout holds is much higher. This comes down to one simple reason - today's close. The bearish bar was strong and cleanly closed below the lower range boundary.
Short
by FinancialGamblR
1
Trends to finish this week and into next weekStill sitting short at 4805, at the time of recording I was slightly in the negative, but since we have pulled back down as expected and I'm in a profit zone. The trends are well explained in the video, but most important takeaway is that a new 4hr downtrend coming in below 4808 will signal a lower low, as will a 6hr downtrend coming in below 4759. These two movements would open us up, in accordance with trends, to further movement down. Trends are as follows; Last Macro Trend Signal Spots (ES Contract) 30m - 4817 Uptrend (1/12/2024) Higher High 1Hr - 4807 Downtrend (1/11/2024) Higher Low 2Hr - 4790 Downtrend (1/11/2024) Lower Low 3Hr - 4790 Downtrend (1/11/2024) Lower Low 4Hr - 4770 Uptrend (1/8/2024) Lower High 6Hr - 4797 Uptrend (1/8/2024) Higher High 12Hr - 4762 Downtrend (1/3/2024) Higher Low Daily - 4378 Uptrend (11/3/2023) Higher High Weekly - 4769 Uptrend (12/11/2023) Higher High Economic Data; PPI is today, I don't see it have a major weight into the market though as we had CPI, which weighs more heavily, yesterday. Geopolitical; US and British forces hit Houthi targets, furthering tensions in the Middle East. This is why Oil has rocketed up 4% thus far on the day. The higher oil goes, the more that price could bleed into inflation, and also the tension could cause some concern for supply-chain issues. Side Note; I did go Long on two ZMZ24 (Soybean Meal for December maturity) contracts yesterday at 360. I plan to hold until around 370 and evaluate further to see if they will reach the 'predicted' target of 401. I do not trade Soybean products often, it is more of a oversold historically position than a knowledge of how Soybeans work. My sentiment going forward in the ES Futures Market is; Shorter Term - Bearish Short Term - Bearish Medium Term - Bearish/Neutral Long Term - Bullish Safe trading, and as always, remember your risk management plan.
CME_MINI:ES1!Short
by SemperTrader
💡 EURUSD: Forecast January 15EURUSD still cannot escape the narrow range around the edge of the rising price channel. The bullish structure still exists and we still have long positions targeting around 1.1200. However, it should be noted that accumulation around the lower border of the price channel for too long is an unfavorable signal for sellers, especially when there has previously been a strong downward wave. You can hold the position but need to set SL below the 1.0900 zone to prevent the price from reversing and falling.
Long
by Stone_Haven
💡 XAUUSD: Predict the next actionAs feared, gold prices increased sharply in the last session of the week, confirming the creation of a bottom at the support area around the 2020 level with a double-bottom model and the breaking of the short-term falling channel. This price behavior shows the possibility that the price may return to an upward trend. The short-term target will be around the old peak around the 2080 resistance level. Those who catch a short-term reversal can consider buying.
OANDA:XAUUSDLong
by Stone_Haven