ProjectSyndicate

ProjectSyndicate

🔸Consistentcy is the key - top professional traders aim to generate 20-30% returns / per month, obviously depends on account size, risk tolerance, max DD, std lots exposure and multiple other factors. 🔸Depends on your trading style and risk profile, obviously. Currently algo traders / full-auto systems generate the best returns. 🔸Forex trading bots are automated...

ProjectSyndicate

🔸Hello traders, today let's review 12H price chart for AAPL/Apple. This is advanced technical trade setup based on historic price fractal. 🔸AAPL currently entering distribution at the top stage with distribution defined by the ABCD fractal. Same price fractal was observed in the market in Dec21/Jan22 before a subsequent 25% market correction in AAPL. 🔸ABCD...

ProjectSyndicate

🔸Hello traders, today let's review 4hour price chart for TSLA. Currently a mixed package overall with limited upside potential, I don't recommend entering any buys at current price. 🔸Ongoing accumulation since May 2023, significant lows printed in April 2023 / 2024, so I'm tagging April 2025 as a potential reversal for TSLA / bottom buying near range lows totally...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 1hour chart for USDCHF today. We are locked inside trading range recently, currently trading near range lows, so risk/reward shifted in bulls favor, therefore recommend to focus on buying low . 🔸Trading range is defined by range highs at 8500 and range lows at 8420, premium prices overhead at 8520 and 8535 and below at 8400 and...

ProjectSyndicate

Overview of types of traders SCALPER 🔸Scalpers buy and sell securities quickly, usually within seconds, with the aim of achieving profits from minuscule price changes from large trade volumes. 🔸Scalper also refers to someone who buys up in-demand merchandise or event tickets to resell at a higher price. 🔸Scalpers buy and sell securities many times in a day...

ProjectSyndicate

🔸Hello guys, today let's review 4HOUR price chart for gold. Ongoing -RE-accumulation in progress, strong chart overall, BULLS maintaint control. Accumulation not complete yet, so we are not ready to hit 2750/3000 yet. 🔸Key s/r zones defined at 2250 usd / 2500 usd / 2750 usd / 3000 usd. So this a list of the key s/r zones in play right now, we are trading...

ProjectSyndicate

🔸Trading is a waiting game. Stop forcing trades. Learn waiting for your setups. A trader who can't wait is not a successful trader. 🔸Waiting is the hardest part of trading. And also the least talked about. If you can improve your waiting you will improve your trading. 🔸Trading is a waiting game. You sit, you wait, and you make a lot of money all at once. Profits...

ProjectSyndicate

What are psychological levels? 🔸Psychological levels are price points in financial markets that hold significant meaning for traders and investors, mainly due to their simplicity and ease. 🔸Typically, these levels are round numbers, ending in 00 or halfway points like 50. 🔸With currency pairs, the exchange rate of 1.0” or parity is also a major psychological...

ProjectSyndicate

🔸Hello traders, today let's review the H4/candle NVDA price chart. Recently solid gains after we filled a massive gap near 100 USD, so a normal liquidity fueled bounce currently in progress. Having said that, that's where the good news end. Massively overvalued company due to AI hype / euphoria, this bubble will deflate soon, very limited upside. 🔸Setup is based...

ProjectSyndicate

🔸Hello traders, today let's review 8hour price chart for BTCUSD and potential reversal zones. So far price remains locked in tight trading range since March 2024, range highs set at 68 000 USD and range lows at 57 000 USD. 🔸Premium prices overhead at 71 500 / 74 000 USD and below at 55 000 / 53 000. Currently trading mid-range so no trades recommended in this...

ProjectSyndicate

🔸Hello traders, let's review 2days/candle gold price chart today. Strong gains recently after breakout of the key S/R zone near 2 000 USD. Currently trading at 2617 above S/R at 2500 USD. strong uptrend in progress. 🔸Bulls making solid gains entire year so far in 2024, expecting a new ATH to be set at 3 000 over the coming weeks. Tensions are rising in the middle...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 4hour chart for GBPAUD today. Strong V-shape recovery in progress, however also expecting a decent/normal pullback once we hit the strong overhead resistances. 🔸Heavy overhead resistances will trigger a pullback. Resistances set at 9490 and 9550, risk/reward will be in bears favor. Mirror s/r level below at 9265 will be likely...

ProjectSyndicate Updated 

🔸Hello traders, let's review the 8hour chart for GBPUSD today. Recently price was locked in distribution range since December 2023. Breakdown in progress, however don't get trapped short selling at market price since the pattern will complete after the throwback back into trading range. 🔸Trading range is defined by range highs at 2750 and range lows at 2660,...

ProjectSyndicate

🔸Let's review 8 hours chart for GBPUSD today. speculative buy/hold setup for GU bulls, H*S setup in progress. Currently we triggered neckline of the pattern structure, therefore expecting more upside/gains until we complete the sequence and print RS at/near 2780/90. 🔸H&S structure is defined by LS/resistance at 2790, neckline at 2540/60, head of the structure at...

ProjectSyndicate

🔸Hello traders, let's review 2days/candle gold price chart today. Strong gains recently after breakout of the ATH, currently trading near ATH at 2337 usd. Having said that, based on the price action structure, I expect an interim market-top at neat 2370/2390 usd and a subsequent correction/pullback. 🔸Price structure contained within bullish channel since 2020,...

ProjectSyndicate

🔸Hello traders, let's review the daily price chart for UKOIL. Speculative XABCD in progress, with 20% upside potential based on the current price action / fundamentals. 🔸XABCD structure is defined by point X at 95.60, point A at 73.20, point B at 92.50, point C at 77.00, point D/PRZ at 105.00, currently most points validated, point D/PRZ pending in May/June 2024...

ProjectSyndicate Updated 

🔸Let's review 4 hours chart for GBPUSD today. previously heavy rejection from 2850 and currently dump in progress, heavy resistances at 2750/2760 caps any upside mid-term outlook remains bearish, however also expecting a decent bounce play once we hit fresh demand zones below the market price. 🔸Fresh demand zones at 2550/2500, however also short-term bounce...

ProjectSyndicate Updated 

🔸Let's review 8 hours chart for GBPNZD today. speculative buy/hold setup for GBPNZD bulls, accumulation in range. short-term expecting pullback from overhead resistance, shorting from resistance is a higher risk setup (bears), however focus on buy/hold for excellent risk/reward. 🔸GBPNZD 8 hours is a confirmed bullish IHS setup, with LS/RS/HEAD of the...