CAPITALCOM:US500
Death cross markes the bottom now or shortly after.
Fibonacci retracement down to 38,2% possible.
FOMC meeting on Wednesday.
I'm shorting S&P 500 with a TP at 4000 USD, possible going down to 3800 USD.
Timeframe: This week.
CAPITALCOM:BTCUSD
At the time of setting up my day, BTC is at 40650.
First Stage:
Long at 39800 USD
SL at 37050.
TP at 41200.
Second Stage, if it falls through:
Long at 38250 USD
SL at 37050.
TP at 39450.
Third Stage, last attempt:
Long at 37250 USD
SL at 37050.
TP at 40550.
CAPITALCOM:LCID
Wanted to get in at 23.50, but it opened a lot higher.
The trade didn't work out.
On second thought I might cancel this one, since Lucid seems to be overvalued.
CAPITALCOM:GOLD
While I'm gambling on the DAX to fall even further, we can assume Gold to up. At least to previous resistance.
Will Gold bounce or go through 2000 USD?
Entered at 1989.
Take profit at 2002.
Stop Loss at 1975 in case they try to stop us out.
Profit taken while writing this text. Now let's observe the price action.
CAPITALCOM:TSLA
I'm holding three positions on Tesla.
But I expect tech stocks to fall even further as major indices are sort of free falling, especially DAX 40.
I believe it will follow through to SP500, Nasdaq and individual tech stocks.
Could be a great short.
It's at a appealipng support line. This could be a good entry point for mid to long-term investment.
Stop Loss at 36,550 in case it will fall through to the next support line.
Trading feelings is always a bad idea.
While there's a huge gap to fill, and I will play it by 50%, I expect the Dax to fall a lot more.
Filling the gap feels very risky. I won't be surprised if it won't happen.
I guess a few entities will take their profits from the recent hike.
I'll bet the gap will be filled by 50% before Oil will continue to rise to new ATH.
I guess a few entities will take their profits from the recent hike.
I'll bet the gap will be filled by 50% before Gold will continue to rise to new ATH.
Intraday Trade
Russian invasion and inflation drives Gold price up. It's a safe haven.
This is trading the news and psychology more than technicals.
It hasn't reached previous highs.
Volatile market: Risk reward ratio of 1:2
Entry price: USD 1922.31
Take profit at: USD 1960.00 (1.96%)
Stop loss at: USD 1907.31 (-0.78%)
