APPLE - Buy Setup Forming!As per my last video analysis (attached below), we were waiting for a momentum candle close above the gray area to buy (old trigger) which didn't happen, so the idea is no longer valid.
APPLE is still sitting around a strong support zone in green, we will be looking for new buy setups.
Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right?
Our blue trendline is not valid yet so we will be waiting for a third swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (new trigger)
Meanwhile, until the buy is activated, APPLE would be overall bearish and can still dive inside the green support before going up, or even break it downward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
US
USDCAD LONG TRADE 1D DAILY ENTRY : 1.26250
STOP LOSS : 1.25246
FIRST TAKE PROFIT : 1.26984
RISK : 1% CAPITAL
Once first take profit target is hit we will close half the position. We will then look for continuation of trend. As we have more information i will follow up with an analysis.
GL.
Please feel free to comment and discuss.
If you like this idea or traded it with me please like and follow for more ideas.
MICROSOFT - Trend-Following Setup!Hello Trading Family, I found MICROSOFT chart interesting.
We can see that MICROSOFT is currently trading inside these two blue trendlines forming a rising channel.
And it is currently approaching a strong rejection/ support area.
I call it "War Zone", highlighted in Orange (circle).
The highlighted orange circle is a strong area to look for buy setups as it is the intersection of support in green and the lower blue trendline acting as non-horizontal support. (trend-following setup)
As per my trading style/plan:
Short-term: As MICROSOFT approaches the orange circle (area), I will be looking for bullish reversal setups on lower timeframes (like a double bottom, trendline break, and so on...)
Long-term: I will be waiting for a third swing high to form around the upper red trendline (projection in purple) for it to become valid then buy on this last swing high (gray area) break upward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck
All Strategies Are Good; If Managed Properly!
~Rich
Domino's Pizza Sell Setup Forming! Pizza, Anyone?Hello everyone, if you like the idea, do not forget to support with a like and follow.
Left Chart:
DPZ is sitting around a strong resistance in green from Daily timeframe, and upper brown trendline so we will be looking for trend-following sell setups on lower timeframes.
Right Chart:
on M30: DPZ is forming a channel in red , but the lower red trendline is not valid yet, so we will be waiting for a third swing low to form around it to consider it our trigger swing. (projection in purple).
Trigger => Waiting for that new swing low to form and then sell after a momentum candle close below it (gray zone)
Until the sell is activated, DPZ would be overall bullish and can still test the upper bound of the resistance or even break it upward.
And of course, as DPZ approaches our lower blue support, we will be looking for buy setups.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DXY US Dollar Index (Y21.P2.E1).TA.Short termHi Traders,
This is a continuation of my previous post which was on target. Link provided below.
It seems even the mighty US dollar obey's fractal or trends.
Looking at the macro formation, by the way, I keep away from other peoples thoughts on this as they can influence your clear thinking, we have the 1st, 2nd and now somewhere the 3rd pushdown pressure and hence its reasonable to think, eventually the DXY will break though or drop hard. I'm leaning to dropping hard as it reverses here with the double bottom but whats against it is all the resistance levels and more so, the FED Res. printing trillions more.
On this chart, I picked the macd as a reference fractal to demonstrate what is likely to come.
All the best,
S.Sari
PREVIOUS POST
DAX - War Zones!Hello TradingView Family,
DE30 is overall bullish trading inside these two brown trendlines forming a channel.
Here are the two strong zones where I will be looking for high probability setups:
I call them War Zones, (highlighted in Purple circles)
Zone 1: Lower Purple Circle (14000)
This highlighted purple circle is a strong area to look for buy setups as it is the intersection of a support/demand zone and the lower brown trendline acting as non-horizontal support. (trend-following setup)
Unless DE30 breaks the blue zone downward aggressively, then the next major support would be around 13500.0 (lower orange zone)
Zone 2: Upper Purple Circle (15000)
This highlighted purple circle is a strong area to look for sell setups as it is the intersection of the round number 15k and the upper brown trendline acting as an overbought area.
As per my trading style/plan:
I will be waiting for DE30 to approach one of the purple circles to look for reversal setups on lower timeframes (like a double bottom/top, trendline break, and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck
All Strategies Are Good; If Managed Properly!
~Rich
March 22 NASDAQ US100 Chart Analysis
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin NASDAQ ZeroMarket US100 Chart Analysis for March 22.
"Press the replay button on the right."
This is a 15-minute chart long position strategy.
Centered around the green support line
I marked each major section.
In case of Break away, pay attention to the red support line.
*Orange over shuting section
* Trading strategy fails if the red support line is broken.
*Enter short position when reaching the sky blue resistance line
That’s it for today’s strategy.
Thank you.
BOEING - The Last Flight!Hello everyone, if you like the idea, do not forget to support with a like and follow.
BOEING is approaching strong resistance/supply in green (300) so we will be looking for sell setups on lower timeframes.
on DAILY: BOEING is forming a channel in red, but the lower red trendline is not valid yet, so we will be waiting for a third swing low to form around it to consider it our trigger swing. (projection in purple).
Trigger => Waiting for that swing to form and then sell after a momentum candle close below it (gray zone)
Until the sell is activated, BOEING would be overall bullish and can still test the upper 300 resistance or even break it upward.
and of course, as it approaches the 300 resistance, we will be looking for sell setups on lower timeframes.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
The currency markets are relatively sedate...The currency markets are relatively sedate and orderly as evidenced by the index hugging a tight line either side of 92.000 amidst relative calm in bond land after recent antics and last Thursday’s particularly aggressive bear-steepening that propelled benchmark yields to and through psychological levels. Indeed, the DXY is meandering between 92.155-91.872 and most of the Greenback’s G10 rivals are rangebound awaiting a catalyst to break one way or the other that could come from data, events and/or speakers today, but may be more likely later in the week given up to date and forward looking surveys like the preliminary Markit PMIs and Ifo. Upside anticipated over the remain days of this month.
Trade #RADA Opening the first position of #RADA second test of weakly #Chanel without volume to sale.
Value of first #investment - 1000 shares / 12.48$.
Trade without stop-loss, the next buying after 14.5$ or selling below 11.5$ depends of the situation.
NETFLIX - It is time to Chill!Hello Trading Family, I found NFLX chart interesting.
We can see that NFLX is overall bullish trading inside these two brown trendlines forming a flat rising channel.
From a short-term perspective, NFLX is bearish, trading inside the orange channel but since it is approaching a strong round number 500 (in blue) and the lower brown trendline (non-horizontal support), we will be looking for buy setups to catch the next impulse.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
My Trading Plan:
Our upper orange trendline is not valid yet, so we will be waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing high to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, NFLX would be overall bearish and can still test the lower brown trendline or even break it downward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Dollar Gain Bullish MomentumThe dollar fell into a consolidation after hitting at 4-month high at 92.5.
However, it was able to find constant support at the demand zone at around 91.4 amid a rising treasury yield which sparks demand for safe-haven assets.
Last week, the Fed has reiterated its commitment to keep interest rate low for a prolonged period of time until employment market and inflation reach stability.
The Fed is not worried about a surge in inflation even as rising yield prompted a risk of high inflation.
Therefore, treasury yield continued to rise after FOMC and dollar gain new bullish momentum.
This week, we plan to long the dollar as we expect the dollar to continue to break new 2021 high in the coming weeks.
We expect the dollar to retest its previous high at 92.5, and probably climb beyond 93 in the next 2 weeks.
DXY (Dollar Index): Watch Carefully!!! Potential Bullish Move
Hey traders,
DXY nicely bounced from strong horizontal structure support last week.
Taking into consideration that the index remains bullish from the beginning of this year,
we remain bullish biased.
On a 4H, the price is stuck within an ascending triangle formation.
Breakout of its horizontal resistance will lead to a further bullish continuation.
In case of a bearish breakout of 91.7, the setup will be invalid.
Very bullish on silver - $40 in JuneInflation is a problem that will show its effect over time. $ 1.9T is a lot of money which we cannot ignore.
Forecasted relief plan and deficit for USA and printing money, will destroy or at least do harm the US economy.
This will effect gold, silver and bitcoin in a positive way, due to hedge.
Bullish: stocks and commodities.
Bearish: US dollar
US30 Target hit on this one.... 💥🚀Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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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 .
The stats for this pair are shown below too.
Thank you.
Darren
NAS100 - longs running 📈🚀Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
This isn't one of our main timeframes, but I'll be doing more testing on the H2 chart over the weekend.
------------------------------------------
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 .
The stats for this pair are shown below too.
Thank you.
Darren