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UK100 - WE HAVE TWO STRATEGY TODAY TODAY!Team, yesterday we hit all targets for UK100; we killed the BEAST. Today, we have reviewed our strategy, Strategy 1 - we wait for UK to hit above 8220-24, then we enter LONG with stop loss at 8205 Target at 8242-46 and 8256-63 Strategy 2 - Because we do not want the BOT (market maker) to hunt for STOP LOSS, We will wait for the price to hit 8176-7182; we can ENTER long, With STOP LOSS at 8160-56 Target at 8226-32 and 8245-56
PEPPERSTONE:UK100Long
by ActiveTraderRoom
3
24-Hour Short-Term Risk-on Risk-off Forecast for 30/10/2024Market sentiment appears to show mixed signals, with both risk-on and risk-off characteristics evident across various assets. Today’s sentiment leans towards mixed or cautious optimism, with selective risk-on trading tempered by defensive positioning amid global uncertainties. Investors are showing restrained enthusiasm for growth assets but continue to hedge in safe-havens due to unpredictable economic and geopolitical factors. Disclaimer: This is not financial advice. The information provided is for general informational purposes only and should not be interpreted as financial or investment advice. Always consult with a professional financial advisor before making any investment decisions.
TVC:SPX
by AfreeBit
DE40 - Germany 40 Index - LONG (Buy) Trade CallOn daily TF, price is consecutively making HH and HL in a bull run. However, in Flag & Pole Pattern, every next pole is getting shorter. Therefore, down the line trend reversal is on the card in 2 weeks' time. Nevertheless, for the time being trend is bullish as RSI indicator is above 50. Klinger Volume Oscillator is just below Zero but its oscillator (blue line) is about to cross trigger line (green line), which indicates a likely bull run continuation. My Trading values are depicting below:- LONG (Buy) Trade Call Entry Buy (Instant): 19482 SL: 19290 TP: 19973
CAPITALCOM:DE40Long
by Golden_Spur
NIFTY : Trading Plan and Levels for 30-Oct-2024 Intro: On the previous trading day, Nifty demonstrated a robust recovery from the exact level that mentioned as last intraday support in yesterday plan, with the price reaching new resistance levels and showing strong buying momentum. Key zones have been established for tomorrow's session, with yellow indicating a sideways trend, green showing a bullish trend, and red representing a bearish trend. Here’s a strategy based on different opening scenarios. Trading Plan for 30-Oct-2024 Gap Up Opening (100+ points above) If Nifty opens with a 100+ points gap up, it is likely to encounter resistance near the 24,564 level, marked as the Resistance for Sideways/Retracement at BoS zone . If the index sustains above this level, we could see an upward movement toward the Profit Booking Zone around 24,758 . However, if it fails to hold above 24,564 , expect a retracement towards 24,485 or the Opening Support level at 24,409 . – A strong reversal from the resistance levels could lead to a test of the Buyers Support at retracement at 24,312 . Flat Opening (within 50 points of the previous close) With a flat opening, focus on the price action near the 24,454 level. A breakout above 24,485 could initiate a bullish run towards 24,564 and eventually towards the upper resistance level at 24,758 . However, failure to maintain momentum above 24,454 could result in a sideways pattern around 24,409 (Opening Support) or even a potential downward trend towards 24,312 . – A break below 24,312 would indicate further weakness, aiming for the Last Intraday Support at 24,214 . Gap Down Opening (100+ points below) In a gap-down scenario, Nifty is likely to find initial support at 24,312 . If this level holds, there might be a bounce back towards 24,454 . Sustaining above 24,454 could shift the sentiment towards bullish, aiming for 24,564 as the next resistance. However, if 24,312 fails to provide support, expect further declines towards the Last Intraday Support at 24,214 . – Any continued weakness below 24,214 could lead to additional selling pressure. Risk Management Tips for Options Trading For options trading, keep position sizes manageable, especially on high-volatility days to reduce exposure to unexpected swings. Use trailing stops to protect profits, particularly when the index approaches major resistance/support levels. Consider deploying options spreads to limit risk, especially if the market appears choppy. Summary and Conclusion For 30-Oct-2024, the primary focus remains on the 24,564 resistance level and 24,312 as a critical support. A flexible approach to price action around these zones, combined with disciplined stop-losses, can help manage risks effectively. Monitoring the initial price action is essential to gauge the trend for the day. Disclaimer: I am not a SEBI-registered analyst. The analysis above is based on technical levels and reflects my personal viewpoint. Please perform your analysis or consult a financial advisor before making any trading decisions.
NSE:NIFTY
by LiveTradingBox
BANKNIFTY : Trading Levels and Plan for 30-Oct-2024 Intro: On the previous trading day, Bank Nifty exhibited strong upward momentum and achieving all the targets that mentioned in yesterday's Trading plan, testing new resistance levels with limited retracements. Key zones have emerged for tomorrow, with a mix of potential sideways, bullish, and bearish trends. The chart highlights yellow as the trend indicating sideways movement, green for bullish trends, and red for bearish trends. Here’s a trading strategy based on different opening scenarios. Trading Plan for 30-Oct-2024 Gap Up Opening (200+ points above) If Bank Nifty opens with a 200+ points gap up, it is likely to encounter resistance near the 52,849 level, marked as the Resistance for Sideways . If prices sustain above this level, we could see an upward movement towards the Strong Resistance / Profit Booking Zone at 53,174 . However, if it fails to maintain above 52,849 , expect a retracement towards 52,409 or even back to the Opening Support level at 52,160 . – If selling pressure increases at these levels, there is a possibility of the index dropping towards the Intraday Support for Sideways at 51,955 . Flat Opening (within 100 points of the previous close) With a flat opening, focus on the early price action near 52,287 . A move above 52,409 could trigger a bullish run toward 52,849 . Watch for consolidation or resistance in this zone; if it breaks above, the next target could be 53,174 . Alternatively, failure to hold above 52,409 could lead to a test of 52,160 (Opening Support) and possibly a downward trend toward 51,955 . – A breakdown below 51,955 may signal additional selling pressure, testing levels as low as 51,615 . Gap Down Opening (200+ points below) In a gap-down scenario, Bank Nifty will likely find immediate support at 51,955 . If it holds, there may be a bounce back toward 52,287 to regain momentum. A strong recovery above 52,287 could shift the sentiment back to bullish, aiming for 52,849 as the next resistance level. However, if 51,955 fails as support, expect further declines toward 51,615 . – Any sustained weakness below 51,615 could accelerate bearish trends and lead to more downside. Risk Management Tips for Options Trading Position sizing is crucial in options trading; avoid over-leveraging on volatile days. Utilize trailing stop-loss orders to lock in profits on favorable trades, especially if volatility increases near key resistance/support levels. Consider the use of spreads to minimize risks and protect against sharp directional moves. Summary and Conclusion For 30-Oct-2024, the focus remains on 52,849 as a major resistance level and 51,955 as a critical support. Trading with a flexible mindset and adhering to defined stop-losses can help manage risks efficiently. Keeping an eye on early price action can provide direction for the rest of the day. Disclaimer: I am not a SEBI-registered analyst. The above analysis is based on technical levels and reflects my personal perspective. Always conduct your own analysis or consult a financial advisor before making any trading decisions.
NSE:BANKNIFTY
by LiveTradingBox
US100 Trade Log ### Trade Setup (29/10/2024) - US100 1. Long in 1H FVG: - Target: 1:2 RRR. - Risk: 1% of account. - Stop-Loss: Below the 1H FVG. - Entry Strategy: Look for a retracement into the FVG and bullish confirmation to enter. - Beware of Earnings: High volatility expected around earnings reports; monitor timing closely to avoid unwanted fluctuations. Strategy: - Multi-timeframe approach using 1H FVG for intraday setup. - Confirm entry signals to mitigate potential earnings-driven volatility. - Manage risk independently, adjusting based on the outcome of other open trades if applicable.
PEPPERSTONE:NAS100
by Fondera-Trading
LONG UK FTSEFTSE is in range bound and will continue even after the budget on Wed 30th. I wanna be a buyer when price is at the bottom of the range. Two possible entries long: 8,188 (aggressive) and 8,125 (conservative). Condition for the entry is that the price should reach the said levels and then a close aggressively above. Note that price is also in oversold on Daily and 4h, wich add confluence to this idea. I will update the idea, so if you follow this idea you see if and when I enter.
FX:UK100Long
by zito82
S&P 500TREND ; The S&P 500 index is currently in an uptrend (Bullish), characterized by higher highs and higher lows since mid-August. PLAN : • The support zone around 5,670 acted as a base for a recent upward move. • The 5,870 level seems to be a key resistance area, and price is currently testing this level. • If the price breaks above the 5,870 resistance level, my potential target will be around 5,989.15. • Note that the blue arrow indicates the measured move from the support level at 5,750 up to the resistance at 5,870, which could imply the projected target if this breakout occurs.
BLACKBULL:SPX500
by juniormoseki1