Get started

Banks

GBPJPY short - Head and Shoulder - Bigger Picture - WHY?Hello Traders! Like mentioned in the last analysis. This is my analysis of the bigger picture. Why do we need the bigger picture? This should be pretty clear. We can not always trade on the lower timeframes just because the charts look good for that specific setup. It is important to trade with the overall direction of the market. Therefore all you trade setup became more accurate. The bigger picture: So what do we see here. A nice Head and Shoulder Pattern on the daily timeframe. We are now about to break the neckline. Afterwards we will see a big drop. My target for that is the Demand Zone marked on the charts. For a nice entry check out my h4 GBPJPY analysis. On the lower timeframes we can determine a better entry. But first we need to watch the bigger picture in order to get more confirmation for our trade setup. Like mentioned in the h4 analysis. We may go up to the Supply Zone to grab more liquidity before we will see the drop. That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions. Thank you and we will see next time - Darius.
Short
by DariusFxTrading
2
Long term investors Opportunity!!We are on a all time low for Societe Generale at 14.5 and just below a major support never broke even in the middle of the 2008 crisis at 15.296 we should wait for the monthly close if it´s above or below 15.296 if above we will eventually rebond if not … ​ For the long term Investors the Dividend yield is 12.5% and the EPS (earning per share) = 3.085 you could add Societe Generale to your portfolio for the long term and keep buying on every low ​
EURONEXT:GLE
by magnum375
SPX trend line breach may signal breakdown pointIf you've been following my previous thread, you know that I've been watching the 50-day EMA and the 200-day EMA as possible reversal levels for this rally in the S&P 500. We eventually pushed past the 50-day (green curve), but yesterday we got rejected from a test of the 200-day (dark blue curve), and now we've violated the upward trend line (light blue line) that SPX has formed on its hourly chart over the last month. (In addition to technical resistance from the 200-day EMA, we also hit a fib retracement level and a couple important psychological resistance levels on the fundamental side-- 20-22.5 forward P/E, market cap 140% of GDP-- so there are lots of reasons to reverse from here). In my past experience with trend line breakdowns, the price often moves back above the trend line at least one more time, and then it either holds there or reconfirms the breakdown. That's already happened, as you can see on the zoomed-in chart: It's possible that we will move above the trend line again and retest the 200-day EMA before breaking decisively below the trend line, but personally I have already purchased puts. In terms of fundamentals, the overall news environment is starting to shift in a more negative direction, I think. Over the past month, the market has been driven by government stimulus, decent tech earnings, and optimism around reopening. It has mostly shrugged off bad news such 30 million job losses, a spate of corporate bankruptcies, and a flood of worse-than-expected 1Q economic data. Now, however, we're turning our attention to Q2. Q1 GDP fell only 4.8%, whereas Q2 GDP is forecast to fall 27.7%. The earnings numbers for Q2 are going to hurt a lot more than those for Q1, especially due to companies' high borrowing costs. Analysts are also predicting another rash of bankruptcies and debt offerings in May. Cities and states may announce new taxes to offset budget shortfalls. Meanwhile, the Fed is out of interest rate ammunition and slowing its balance sheet expansion. There's a bailout for oil likely coming in the next few days, and possibly an infrastructure bill in the longer-term pipeline, but federal stimulus is slowing down as the economy reopens. And if China's experience is anything to go by, reopening will be slow, with lots of logistical bottlenecks and false starts. Demand will stay weak because consumers are out of cash. Some states will reopen too early and have to go back into quarantine within a few weeks. I think we will retest the March low in coming months as investors realize the scale of the economic damage and that it's not a temporary thing. Big tech, I think will continue to outperform due to persistent fear of Covid-19. Airlines and cruise lines will continue to struggle, with some likely filing for bankruptcy in the coming year. Banks will remain hard-hit and highly risky due to continued default risk.
SP:SPXShort
by ChristopherCarrollSmith
12
Bitcoin UPDATE - Take Profit Hit - What next? (Banks, ...)Hello Traders! Cheers Guys we hit our Take Profit on Bitcoin. It is the weekly Supply Zone. What next: Now we should definitely wait for the weekly close. Also we need to watch the lower timeframes. We need to see how the market will react on this weekly Supply Zone. Why should I care about Supply and Demand Zone? On this zones banks and financial institution will jump into the market. The previous down move was caused by them. Therefore there is the possibility that they have orders left at the Supply Zone. We should try to swing with them again to to the downside. The Take Profit should be the weekly Demand Zone. Check out my previous Bitcoin Analysis and Cheers my friends. The analysis went right. Updates will come soon. That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions. Thank you and we will see next time - Darius.
BITMEX:BTCUSD.PShort
by DariusFxTrading
DAY TRADING! Contraction & Expansion! BUY EURUSDI've been watching EURUSD closely and it has been in contraction over the past couple days and I think it's about to go into the expansion phase so I think It's time to get your long positions because I see us going up in the next few days! Don't forget to use a good money management plan for your trades because the markets have been so volatile lately so that means lots of opportunities to make money with the right money management plan! I have a 57% win ratio but I still generate 100% profit returns yearly so you do math! Don't expect every trade to be a winning one because you will be living in a fantasy world. You will take losses and sometimes those losses will come in streaks but the most important things is that you stick to your trade plan. Feel free to check my stats on myfxbook and you will see how good it can be when you stick to your plan and trade consistently! Any opposing comments. views, ideas or arguments are welcomed!
Long
by Joseph_Yabwa
72
WOW - Remembering all Mr. PresidentsLmao, I did not remember this. It's from long time ago trying to understand a little bit more this bank. Maybe is something irrelevant but it could be helpful to feed the curiosity some people still have and expand their knowledge with a better research. Also if i lose this idea again for some months I'll know where to find it now. There I tried to find correlation between democrat presidents or republican and the action price development from that far, just for educational purposes like I said. Just to be able to dig a bit more and find political causes related to the historical growing of one of the biggest banks on Earth. I found this when I was checking other "too big to fail" banks recent movements, to check the impact with all this infinite stimulus have been announced almost everywhere, and anyone with sufficient authority is printing money now. What a mess, isn't it? Please hope you find your own conclusions from here, always keep that curiosity... and doubt. Thanks!
NYSE:JPM
by harribatu
DAY TRADING! Contraction & Expansion Strategy! BUY GOLDOkay I've got another one for you but instead of talking about the analysis I wanna talk about money management, something that a lot of traders don't pay attention to. Money is really important in trading because it can make or break you as a trader. If you put 2 newbie traders in front of a screen and provide them with a very profitable strategy and you these 2 traders take the opposite side of a trade, do you know that there is a high chance that both of them will end up losing money? Let that sink in for minute..... However, on the other hand, if you take 2 pros and have them take the opposite direction of each other, chances are they will frequently end up making money! Very interesting isn't it? So everything comes down to money management! I was having a similar discussion with my traders about this today that's why I've decided to say something about it on this analysis. You guys are already used to my strategy anyway so I don't really need much explanation but feel free to check out the last post I did on gold. As always, any opposing comment, views, arguments or feedbacks are welcomed.
FX:XAUUSDLong
by Joseph_Yabwa
42
DAY TRADING! EURUSD The Small Picture! BUY EURUSD My last post, which you can see at the bottom of this post, consist of the same strategy but on a higher time frame and now we got the baby version here. So the market came out of the contraction phase this morning and now it's come back down to retest the lows. So since we are bullish on a medium time frame I think the expansion phase will continue in the upward direction but don't forget the importance of the middle line! Me and my group have already placed our trades and we will manage it accordingly! Any opposing views, comments, arguments or feedbacks are welcomed.
Long
by Joseph_Yabwa
88
Contraction & Expansion! THE BIG PICTURE | BUY EURUSDBy now everybody should be familiar with my contraction and expansion strategy, if not, all you have to do is look at my previous posts. This in on a higher time frame as you can see and the expectation is the EURUSD will rally in the coming months because we are already out of the contraction phase and we are currently in the expansion phase and this will be the start of a long term bullish move. Any opposing comments, views, arguments and feedbacks are welcomed!
Long
by Joseph_Yabwa
55
Indusind Bank 75 Min Analysis , TRIANGLE PATTERN Triangle Pattern Formed . 1) Strong RSI Divergence . 2) Price Reacted From Demand Zone . 3) Entering In Supply Zone . * Trade Set Up for long . Looking For Bullish Candle Strick Pattern Near Triangle Breakout .(Long Above It ) Preferable Above 428. * Trade Set Up For Short . Look For Bearish Candle Pattern Near Supply Zone . And Below It Short . With Sl 428 . Short Trade In this Pattern Not Looking Good Until Last Low Break . IF SETUP COMPLETE And Market Support Our Direction then Go Long . With Your Bullish Set Up candle Low As A Stop Loss . First Target Will Be 468-475.
NSE:INDUSINDBK
by veensh
USDCAD short - Currency Pairs Behavior, BanksHello Traders ! I already posted my long term view on USDCAD. It is short because we touched the weekly Resistance level and we are pushing down from there. Now I expect a correction. But first we need to know something about the behavior of USDCAD. Currency Pairs Behavior: All currency pairs have their own specific behavior. Some are very violent and make strong moves like XAUUSD and GBPJPY. Others are very spiky and do not now in which direction they want to go like CHFJPY. What about USDCAD now? This pairs loves to consilidate a lot. Therefore USDCAD is pretty nice to Swing Trade. But also on Supply Demand areas we can see USDCAD doing sharp moves. This moves are made by the banks and these are the moves I am looking for. Therefore on USDCAD because the consilidation behavior I like to enter at the daily levels. Chart Analysis: I am expecting now the price to go up again to make a correction move. There we have a nice Supply Zone where I am looking for a short Signal to enter. From this point we can then scalp for a few amount of pips or swing Trade USDCAD to the Demand Zone. That was my Idea and I hope you did like it. Please leave a LIKE if you like my Content that I share with you. In the comment section you can tell my your view and ask questions. Thank you and we will see next time - Darius.
Short
by DariusFxTrading
4