Get started

Alltimehigh

CANON _ Breakout after 14 years _ Target is JPY7260 ,+60% PROFITIn Canon, a Falling Wedge Pattern formed and Breakout. The market is going to Breakout above the "Strong Resistance" level after 14 years, it indicating a significant bullish trend. Offering the potential to Achieve a 60% PROFIT at the price of JPY 7,230, which is also the previous all-time high. If again Breakout the All-Time High, the market could approach the Wedge Pattern Target at JPY 8,750, Resulting in a Total Potential Profit of 94%. Support me; I want to Help People Make PROFIT all over the "World".
TSE:7751Long
by SasikumarMani
AUD/JPY Flirting with Record Highs; Eyeing Higher LevelsThe Australian dollar (AUD) is on a tear versus the Japanese yen (JPY) and displays little sign of slowing, with the AUD/JPY currency pair recently refreshing all-time highs of ¥108.60 after rupturing the ¥107.86 peak formed in 2007. All-Time Highs and H4 Ascending Triangle Regarding current price action, ¥107.86 will likely be viewed as a potential support level. Moving across to the H4 timeframe, you will note that after the pairing ventured north of ¥108.00, buyers and sellers have been busy carving out a potential ascending triangle, drawn from ¥108.58 and ¥108.03. In strong trending environments such as what we’re in now on the AUD/JPY, the ascending triangle formation is considered a continuation pattern. This means that a breakout to the upside is potentially on the cards, particularly as price is nearing the apex of the ascending triangle. A breakout to the upside is usually traded in one of two ways: either enter long on a H4 close above the ascending triangle and take aim at the ¥109 region as an initial take-profit objective, or wait and see if price action retests the breached boundary as a support and enter based on that level holding, again targeting ¥109 as an initial upside objective.
Long
by FPMarkets
🚀📈 CAMS Preempting All-Time High and Rounding Bottom Breakout!🚀📈 CAMS Preempting All-Time High and Rounding Bottom Breakout! 🌟 🔍 Current Market Price (CMP): 3526 📉 Stop Loss: 3041 🎯 Target: 4067 🎯 If All-Time High Breaks: Potential to reach 6000 Reason: CAMS is showing strong signs of a rounding bottom breakout and is preempting an all-time high. Given the potential for significant upside, it’s crucial to maintain low position sizing. ⚠️ Important: Preempting market movements with low position sizing is crucial due to volatility. ⚠️ Disclaimer: Not a SEBI registered analyst. Consult your financial advisor for personalized advice. 🌟 Let's navigate the waves of opportunity together! #CAMS #MarketAnalysis #TradingInsights 📊💼
NSE:CAMSLong
by satyam15
BITCOIN VS ALTCOINS Since the beginning of 2023 BITCOIN has been on a relentless upward trajectory. As the highest market cap cryptocurrency it often sets the tone for the entire market. When Bitcoin goes up it tends to drag the rest of the market up with it and the same when Bitcoin falls is the general rule of thumb. This post is to showcase the difference between Bitcoins market cap (TOTAL) Vs the Altcoin market cap which excludes Bitcoin and Ethereum (TOTAL3) . As the market leader Bitcoin is often the first mover and that can be seen in the chart on the left, we have at first glass a mirror image on the TOTAL3 chart on the right but with a few key differences: - When Bitcoin fell from its ATH in November, price found it's bottom at the previous cycles ATH as seen by the blue horizontal ray. Whereas the altcoin market continued to drop below its previous ATH by another 19.67% . It's an important difference because it shows that altcoins are worse off in a bear market when compared to Bitcoin, and they start from further back once the Bullrun arrives. - We can see that both charts are very similar, the next biggest difference is clearly the progression made in this Bullrun so far. Bitcoin has already moved past its "right shoulder" of the head and shoulders price pattern, TOTAL3 however is still some ways off that mark, the chart shows altcoins have a 38% gap between current level and the top of that "right shoulder" . The reason for the gap in the race can be explained the same way each cycle because they're exactly the same patterns each cycle. Bitcoin is the first mover as it is the biggest by market cap, the same cycle of capital injection happens each and every time: BITCOIN ----> LARGE CAPS ----> MID CAPS ----> SMALL CAPS Profits get rotated into the next more risky investment over and over until the blow off top and retail are left holding their positions all the way down. This will most likely still be the case this cycle however there is a new player on the field... BTC ETF's... This is new and exclusive to this cycle and I believe this will partly change the dynamic of the cycle when compared to years gone by. With over $10 BILLION DOLLARS of net inflows into BTC the institutional buyers are now here in a much bigger way than ever before, how will this disrupt the money flow? It could prevent profits from rotating somewhat into the large caps, but not completely. Naturally the ETF providers will have a large stake in the holding of BITCOIN and are going to be less inclined to sell when the cycle looks to near its end as they are still providing the service to their customers. Having less sellside pressure will help BTC hold its value. The altcoins may get the negative side of this as less profits in theory will rotate into smaller cap coins and result in a smaller 'Altseason" . This is the cost of institutional adoption. There is always the possibility of altcoin ETF's but that is another discussion. For now I can see altcoins playing catch up later this year and going into 2025.
CRYPTOCAP:TOTAL3
by ProR35
7
NASDAQ Technical Analysis: Navigating New All-Time Highs and KeyTechnical Analysis: New All-Time Highs and Next Outlook Next Outlook: The price has stabilized within the bullish zone after breaking the previous all-time high of 20090, reaching the previously mentioned target of 20410. The trend remains bullish, with a potential move towards 20900. Bullish Scenario: As long as the price remains above 20400, the bullish trend is likely to continue, targeting 20900 and 21000. There is also a possibility of a retest down to 20400 before resuming the upward movement. Bearish Scenario: For a bearish trend to be confirmed, the price must break below 20400 and stabilize with a 4-hour or 1-hour candle close beneath this level. This could lead to further declines towards 20100, and a stabilization below 20085 could result in a drop to 19625. Key Levels: - **Pivot Line:** 20410 - **Resistance Levels:** 20750, 20900, 21000 - **Support Levels:** 20225, 20085, 19625 Today's Expected Range: The price is expected to fluctuate between the support at 19625 and the resistance at 20540. previous idea:
OANDA:NAS100USDLong
by SroshMayi
SWING IDEA - AEGIS LOGISTICS Aegis Logistics , with its robust market presence and expertise in logistics and supply chain solutions, presents an attractive opportunity for swing traders. Reasons are listed below : Cup and Handle Pattern : Aegis Logistics is exhibiting a classic cup and handle pattern, suggesting a potential bullish continuation. Breakout and Retest : After multiple tests, the stock broke above the crucial 400 level and has now retested it successfully, indicating strong buying interest and potential upward momentum. Bullish Marubozu Candle : A bullish Marubozu candle on the weekly timeframe, engulfing four previous weekly candles, signals strong buying pressure and potential upward momentum. Attempt to Breach All-Time High : Aegis Logistics is attempting to breach its all-time high, indicating strong upward momentum and potential for further gains. 0.5 Fibonacci Support : Finding support at the 0.5 Fibonacci level reinforces the bullish outlook, providing a strong foundation for potential upward movement. Breakout from Consolidation : The stock has broken out from a consolidation phase lasting over three years, suggesting a significant shift in market sentiment and potential for sustained movement. 50 EMA Support : The 50-period Exponential Moving Average (EMA) on the weekly chart acts as reliable support, reinforcing the bullish bias. Increased Volumes : Notable increase in trading volumes reflects heightened market interest and potential accumulation by investors, adding confirmation to the bullish thesis. Target - 520 // 600 Stoploss - weekly close below 380 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
ALong
by Visionary_Growth_Insights
2
Bitcoin - Eventually hitting $250.000?BITSTAMP:BTCUSD is looking extremely bullish despite the recent 4 month consolidation. For more than four months, Bitcoin has basically been moving sideways, experiencing quite volatile swings towards the upside and downside. However we should not neglect the overall bullish behaviour of Bitcoin which is still creating cycle and correction after cycle and correction. Therefore, maybe after a short term pullback, I do expect (much) higher prices on Bitcoin. Levels to watch: $67.000, $37.000 Keep your long term vision, Philip - BasicTrading
BITSTAMP:BTCUSDLong
by basictradingtv
14
SWING IDEA - FINOLEX INDUSTRIESWith a rich legacy and a strong foothold in the industrial sector, Finolex Industries emerges as an intriguing candidate for swing traders seeking opportunities in the market. Reasons are listed below : Breakthrough Attempt: After multiple tests, the stock is attempting to break through the critical 240 level, signaling a potential bullish breakout. Bullish Marubozu Candle: A bullish Marubozu candle on the weekly timeframe signifies strong buying pressure and potential upward momentum. Candlestick Engulfing Pattern: This week's candle has engulfed the previous eight weekly candles, indicating a significant shift in market sentiment towards bullishness. 50 EMA Support: The 50-period Exponential Moving Average (EMA) on the weekly chart acts as reliable support, reinforcing the bullish bias. 0.618 Fibonacci Support: Finding support at the 0.618 Fibonacci level strengthens the bullish case, suggesting a solid foundation for potential upward movement. Constant Higher Highs: The stock has consistently formed higher highs, reflecting a trend of increasing bullish momentum and reinforcing the potential for further gains. Target - 300 // 325 Stoploss - weekly close below 203 Disclaimer : Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:FINPIPELong
by Visionary_Growth_Insights
USDJPY / Consolidation with Potential for Bullish ContinuationMarket Consolidation and Key Levels: The price has broken the all-time high and stabilized above it. As long as it trades above 159.820, it will remain in the bullish zone, targeting 161.800. Bullish Scenario: For the bullish trend to persist, the price must stabilize above 159.820, with an aim towards a target of 161.800. Bearish Scenario: A downtrend will be confirmed if the price stabilizes below 159.820, potentially reaching 159.110. Key Levels: - Pivot Line: 159.820 - Resistance Levels: 160.500, 161.300, 161.850 - Support Levels: 159.220, 158.800, 157.980 Summary: The market is currently in a consolidation phase between 159.820 and 158.800. A break above 159.820 signals a bullish continuation towards 161.700, while stability below 158.800 indicates a potential decline to 157.970. In summary, the key level to watch is 159.820. A move above this level confirms bullish momentum, while a drop below 158.800 suggests further downside potential. Previous idea:
Long
by SroshMayi
Options Blueprint Series: All-Time High Christmas Tree SpreadIntroduction As Nasdaq futures continue to show bullish momentum, traders are eyeing the potential for a new all-time high. With market conditions favoring upward movements, leveraging options strategies that maximize upside potential becomes crucial. One such strategy is the Christmas Tree Spread, traditionally used to limit risk while maintaining profit potential. However, in this article, we will explore a modified version where all strikes are Out-Of-The-Money (OTM), creating a setup that profit to the upside no matter how high Nasdaq goes. This approach aligns perfectly with the optimistic outlook for Nasdaq futures and sets the stage for potential gains. Strategy Overview The Christmas Tree Spread is a versatile options strategy that can be tailored to suit various market conditions. Traditionally, when using calls, it involves buying one call at a lower strike price and selling three calls at higher strike prices and buying two more calls at even higher strike prices, creating a balanced risk-reward profile. In this modified version, we adjust the strikes to all be Out-Of-The-Money (OTM), enhancing the bullish nature of the strategy. For this setup, while Nasdaq Futures are trading at 19,982.75, we select the following strike prices for Nasdaq futures options with an expiration date of September 2024: Buy one 20000 call Sell three 21500 calls Buy two 21750 calls By choosing these strikes, we position ourselves to benefit from any substantial upward movement in Nasdaq futures. All strikes being OTM ensures that the breakeven point is set above the current price, effectively betting on a new all-time high for Nasdaq. This configuration guarantees profit to the upside, regardless of how high Nasdaq futures rise. Strategy Rationale The rationale behind selecting an all OTM strike setup for the Christmas Tree Spread lies in the current bullish outlook for Nasdaq futures. As markets exhibit strong upward trends, the potential for Nasdaq to achieve new all-time highs becomes increasingly plausible. This strategy aims to capitalize on such a possible bullish scenario. Why OTM Strikes? Lower Cost: OTM options are generally cheaper, reducing the initial cost of setting up the spread. Increased Profit Potential: Since all strikes are set above the current market price, the profit potential is maximized for any substantial upward movement. Risk Mitigation: The structure of the spread inherently limits risk, as losses are capped while allowing for upside gains. Breakeven Point: The breakeven point for this modified Christmas Tree Spread is calculated based on the premiums paid and received for the options. Given the strikes selected (20000, 21500, and 21750), the breakeven point is above the current E-mini Nasdaq-100 futures price (20,465.62), aligning with the expectation of a new all-time high. Detailed Setup and Example Trade Setup Details: Buy one 20000: This is the lower strike option, purchased to gain exposure to significant upside potential. Sell three 21500 calls: These are the middle strike options, sold to offset the cost of the purchased call and to create a spread. Buy two 21750 calls: These are the higher strike options, purchased to cap the potential loss from the sold calls and complete the spread. Premiums Involved: Assuming the following hypothetical premiums: 20000 call: 683.38 points 21500 calls: 145.42 each (436.26 total for three) 21750 calls: 109.25 each (218.5 total for two) Net Cost: Total cost of buying calls: 683.38 (20000 call) + 218.5 (21750 calls) = 901.88 Total premium received from selling calls: 436.26 (21500 calls) Net cost: 901.88 – 436.26 = 465.62 Risk Profile and Reward-to-Risk Ratio: Maximum Risk: The maximum risk is limited to the net cost of the trade, which is 465.62 points. Maximum Reward: The maximum reward would take place at 21500 on expiration and is 1034.39 points. The structure ensures 534.39 points of profit as the index potentially climbs higher. Breakeven Point: The breakeven point is the initial cost added to the lower strike price, which is 20000 + 465.62= 20,465.62. Trade Scenario: To illustrate, let's consider the potential outcomes at expiration in September 2024: If Nasdaq is below 20000: All options expire worthless, and the net loss is the initial cost: 465.61 points. If Nasdaq is at 21500: The 20000 call gains 1500, the 21500 calls expire worthless, and the 21750 calls expire worthless. Net gain = 1500 - initial cost = 1034.39 points. If Nasdaq is at or above 21750: The 20000 call gains 1500, two of the 21500 calls each lose 250, and the 21750 calls expire worthless. Net gain = $1500 - 750 (total loss from sold calls) – 465.61 (initial cost) = 534.39 points. Risk Management Risk management is a crucial aspect of any trading strategy, especially when dealing with options. For the modified Christmas Tree Spread strategy on E-mini Nasdaq-100 futures options, several risk management techniques can be employed to ensure that potential losses are minimized and profits are protected. Use of Stop-Loss Orders: Stop-Loss: Implementing stop-loss orders can help limit losses if the market does not move as expected. Setting a stop-loss at a certain percentage below the purchase price can automatically exit the position, reducing the risk of holding losing trades. Hedging Techniques: Protective Puts: Purchasing protective puts can provide additional downside protection if the market moves significantly against the position. This can be considered if there are signs of a strong bearish reversal. Spreading Risk: Diversifying the strike prices or expiration dates can spread the risk and reduce the impact of a single adverse market movement. However, this needs to be balanced with the strategy's intent and market conditions. Avoiding Undefined Risk Exposure: Capped Risk: The strategy inherently caps risk by buying the 21750 calls, which limits the maximum loss from the sold 21500 calls. Ensuring that all components of the strategy are correctly implemented and monitored helps avoid unexpected risks. Regular Monitoring: Regularly reviewing the position and market conditions ensures that the strategy remains aligned with the trader’s expectations and risk tolerance. Adjustments can be made as necessary to manage exposure. By incorporating these risk management techniques, traders can enhance the robustness of the modified Christmas Tree Spread strategy, ensuring that potential losses are minimized while maximizing the chances of achieving the desired profit. Application with Micro E-mini Nasdaq Options The modified Christmas Tree Spread strategy can also be effectively applied to Micro E-mini Nasdaq futures options. Micro E-mini options offer the same strategic benefits but with smaller contract sizes (10 times less), making them more accessible for traders with smaller accounts or those looking to manage risk more precisely. Advantages of Using Micro E-mini Options: Lower Capital Requirement: The smaller contract size of Micro E-mini options means a lower initial cost, making it easier for more traders to participate. Fine-Tuned Risk Management: Smaller positions allow for more precise control over risk, as traders can scale in and out of positions more easily. Similar Profit Potential: While the absolute profit may be smaller compared to standard E-mini options, the percentage returns can be similar, providing an effective way to capture upside movements in E-mini Nasdaq-100 futures. Comparison of Standard E-mini vs. Micro E-mini Options: Standard E-mini options have larger contract sizes and are typically used by traders with more significant capital to invest. In contrast, Micro E-mini options offer smaller contract sizes, making them ideal for traders with smaller accounts or those who prefer to manage risk more precisely. Both options provide the same strategic advantages but cater to different levels of investment and risk management needs. Using Micro E-mini Nasdaq futures options provides traders with the same strategic advantage of capturing significant upside potential while managing risk effectively, aligning well with the bullish market outlook for E-mini Nasdaq-100 futures. Conclusion The modified Christmas Tree Spread strategy offers a robust and flexible approach to capitalizing on the bullish momentum of E-mini Nasdaq-100 futures. By strategically placing all strikes Out-Of-The-Money and targeting a new all-time high, this setup ensures profit potential to the upside, no matter how high Nasdaq climbs. With proper risk management and precise execution, traders can maximize their gains while minimizing risks. Whether using standard E-mini options or Micro E-mini options, this strategy provides a powerful tool for navigating the current market conditions and positioning for future growth. When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies. General Disclaimer: The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
CME_MINI:NQU2024Education
by traddictiv