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XAUUSD long - Supply Demand - UPDATE - BANKS (Explained)Hello Traders! First of all I wanted to thank you for the huge engagement on my last XAUUSD analysis. I really appreciate that. So now let's go to the update and the explanation. What happened ? Yesterday I posted an Analysis on Gold with bias SHORT . Price went up to the mentioned Supply Zone(h4) but it never closed below this zone. Instead it closed above the zone and also it made a valid Triangle Break. From that moment Gold is marked as bullish. On Gold it is very important to wait for Price Action Signals and also to keep it on your watchlist. Because when the confirmation is given, Gold will rapidly react on the zones and will drop down or shot up. This is one of the characteristic behavior on GOLD. It is very aggressive. So keep that in mind. 2 possible Scenarios: I marked two possibilities on the chart. #1 Price will go up to the Resistance and then it will go down to the zone which then will became a Demand Zone and will shot up. #2 Price will drop down to Retest the Triangle and also there we have a nice Demand Zone. This Demand is very strong and if we will touch it, the probability for Gold to shot up is very high then. Recommendation My recommendation on Gold is to wait. We do not have clear signs of confirmation for any of the possible scenarios. Also it is Friday. I would wait for Monday or better for Tuesday to trade it. Also we got NFP News and for Gold it is also important to follow fundamental analysis. Normally when you trade Supply Demand you do not need to take care much about Fundamentals. The banks need to that. They are responsible if they are going to push the price higher or if they will drop it lower at specific fundamental news. We as Supply Demand trader simply follow them due to the footprints they leave in the market. ... but on Gold the whole uptrend is made by fundamentals: Corona Virus So for now stay out from Gold. I will not look for short right. I will try to buy it. If I will have a nice Setup on Gold I will share it with you. So stay tuned. Also check out my last couple Analysis on Gold to get an idea on how I am trading it and when I am doing it. 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.
OANDA:XAUUSDLong
by DariusFxTrading
14
EURUSD long or short - Supply Demand - h4 - EXPLAINEDHello Traders! Great moves on EURUSD yesterday. Price went up to our Supply Zone. Normally from here I would expect a nice drop to the downside. Also we got a nice price action call but the next candle was not great. It signalize us indecision phase on EURUSD. For those who jumped into the trade they can easily close it in profit or put SL to entry and have a risk free trade. But you can also trade it. but we can expect from here both sides. LONG and SHORT Now we can have a look at the DXY to help us with the correlation but also here like mentioned in the last DXY - Analysis we are in the middle of the 2 zones. So also the DXY can not help us with our trading decision. What we can do is to switch to the lower timesframes and to watch there for some price action signals in order to determine our direction. For me EURUSD is now not a high probability setup. In trading you should focus on high quality and better to trade less then to much. Quality over quantity . What you can do: But we also got one possibility. We can wait for the price to go in one direction and to wait for the retest of the Supply or the Demand Zone. At the retest you can then jump into the trade. You got only one problem with the retest. If the banks will have enough quantities in the market, then they will not let the price retesting their zone. The price will simply shot in one direction. Scalping: You can also simply Supply Demand Scalp EURUSD. Watch the lower timeframe like 5min and scalp it for a few pips. This is what I like to do personally on such conditions. 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.
by DariusFxTrading
GBPJPY short - Head and Shoulder - Update (Banks, Stop Hunting)Hello Traders! Supply Demand: Quick Update on GBPJPY. We got a break of the Support Level and Price pushed down. Now the price went up and it grabbed some liquidity from the h4 Supply Zones in order to get a deeper push to the downside. Me personally I do not like to trade break outs. I like it more when the price retrace after a breakout to grab more liquidity from S&D zones. This are the best entries. This are typically banks moves for stop hunting. Retail Traders thinks at such movements that the market reverses, but the intention of the move to hit their SL. Important is to trade with confirmation. To see if the S&D Zones are valid. This way you are safe from fake breakouts and you have the best entry. 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
6
BANK NIFTY Bearish Technical Analysis LTFBANK Nifty TA Update: BANK Nifty Now 19500 Point. This is Rtest Level after breakdown The support. So I can expect Next down leg soon if you short or put then you can exit first Support At 19048 Point. and after this support breakdown then next stoppage would be 18118 point. so now I take put at 19730 Level and waiting for Close at support level . Support: 19048/18200 Resistance : 19750/20300 if any candle close above 19750 level then this bearish chart exit and I will close my Trade. so keep an eye on chart. Please like and follow me for latest crypto and Stocks updates. Thank you
NSE:BANKNIFTYShort
by CryptoPatel
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