GBPCHF, ShortPrice has created a strong reversal impulse followed by a developing bearish correction indicating more downside is likely. Wait for bearish confirmation before taking this short opportunity.
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Beyondtechnicalanalysis
GBPNZD, ShortPrice action moving within an ascending channel which indicates a reversal is forming. Price could make one more leg up before a making its way to the lower boundary of the channel.
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UKOIL, ShortPrice has correctively pulled back to an area which we saw a strong impulse push downward breaking structure indicating could see a potential reversal occur at this level.
If we don't see a bearish confirmation validating a sell, I will look for a different that meets my trading plan.
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GBPAUD, ShortPrice is correctively moving within an LTF ascending channel within larger reversal structure which we could see a sell opportunity to bottom of HTF channel.
If we don't see a bearish confirmation to validate this sell, I will not take this trade.
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CADCHF, Short Price has pulled back to an area of value which we could get a sell opportunity to the rising trendline.
If we don't see a bearish confirmation to validate this set up I will wait for a different entry.
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Gold- Bulls need 1965-1970 zone intactI was bullish Gold all last week and suggested only one thing: buy dips
So far, my bullish outlook is unchanged, and I expect a break above 2k
For Gold to maintain its strong bullish momentum 1965-1970 zone needs to remain intact and in this zone I will look for buying opportunities for a new test of 2k.
However, a break under this level would expose the last week's low and could even put a double top formation in play.
EURAUD, Failed breakout, Short the Double topPrice action is shaping up for a bearish run as price was unable to continue the momentum and fell short of a double top level on the HTF. Looking at the lower time frames we can see a potential H&S printing retesting the March high indication more bearish price action is likely.
Look for a short to the lower trendline.
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EURGBP, Bearish H&S, Short term sellPrice action is in a down trend as we can see on the HTF price is moving within a decending channel. Looking at the LTF we can see a short term sell opportunity as price is potentially completing the right shoulder of a Head & Shoulders pattern which in nature is a bearish indicator.
Look for a short entry around the neck line of 0.885 that fits your trading plan.
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CADCHF, Bears to target 0.665 rangePrice action is shaping up for a sell opportunity as we can see a price is completing a bearish continuation indicating further downside is possible. Competition of this correction is also a 3rd touch on the upper trend line.
Find a risk entry or a reduced risk entry that meets your trading plan
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MONTHLY VOLUME PROFILE + MONTHLY LEVELS TEMPLATE Link to the template - www.tradingview.com
Hey there! We're excited to share with you our amazing Trading View template that's designed to give you a head start on your analysis. We want to let you know that to fully take
advantage of the most indicators, you might need a Trading View subscription of sufficient level, but trust us, it's totally worth it!
The Volume Profile tool may not match the accuracy of others out there, but it still provides a useful overall idea that you won't find anywhere else. At Fostermans , we use this template
every day to get a Daily/Weekly/Monthly bias that sets us apart from the rest. Trading View has helped us dominate the markets through bull runs and bear runs, and we're confident this
template will help you do the same!
Thank you all PineScript coders for making something like this possible!
Furthermore, the following indicators have also been incorporated for your convenience:
- Volume Profile
- VWAP
- Volume + Volume Average
- OHLE Data
- Naked POCs + Developing POCs
- Value Area High/Lows
We're excited to hear about your trading journey with this template, so let us know down in the comments how it's going!
WEEKLY VOLUME PROFILE + WEEKLY LEVELS TEMPLATELink to the template - www.tradingview.com
Hey there! We're excited to share with you our amazing Trading View template that's designed to give you a head start on your analysis. We want to let you know that to fully take
advantage of the most indicators, you might need a Trading View subscription of sufficient level, but trust us, it's totally worth it!
The Volume Profile tool may not match the accuracy of others out there, but it still provides a useful overall idea that you won't find anywhere else. At Fostermans , we use this template
every day to get a Daily/Weekly/Monthly bias that sets us apart from the rest. Trading View has helped us dominate the markets through bull runs and bear runs, and we're confident this
template will help you do the same!
Thank you all PineScript coders for making something like this possible!
Furthermore, the following indicators have also been incorporated for your convenience:
- Volume Profile
- VWAP
- Volume + Volume Average
- OHLE Data
- Naked POCs + Developing POCs
- Value Area High/Lows
We're excited to hear about your trading journey with this template, so let us know down in the comments how it's going!
GBPUSD, Double Top price actionGBPUSD is correctively moving to a double top range which we could potentially see a short opportunity to the bottom of the larger correction.
Wait to see if we get a reversal and bearish confirmation.
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Leave a comment and share your opinion on this view.
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NZDCAD, Pullback to an area of value, look for sell entries Price action has pulled back an area of which we saw a strong impulse breaking downward from a strong structure level. Price has now retraced back to this area which we could see a nice sell opportunity.
Wait for bearish price action and find an entry thst meets your trading plan.
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Trade Safe
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Gold Time analysis for Revers Timezone !Hello traders this is an analysis for GOLD based on the time analysis that shows us the possible pivots Dates for Gold . In these days it is expected that we see a Revers in Price of Gold( It is normal to have a Reverse Daily Candle for 1 day sooner or later than the exact shown Dates ) .You can see the previous timezone analysis but to use that you should open the other Gold chart and read the Dates of Days in analysis and have fun !
*Sometimes Maybe It won't happen a Reverse point in specified days but maybe we see a Pivot point (something like Drops in Supply and Demand Methods ! )
short vix futures cboe showing spx long stressi think this regression strategy is showing the price of short cboe vix is crashing back into the channel, and fractal chaos is confirming the health of a downtrend, meaning coming up on the speech with which the uptrend es1! is predicted to stop through to the end of march and causing additional shorts on equities in the underlying index, and further bearish action in the futures meaning higher vix or uvxy and a decline in short vix and svxy. maybe the market has one last pop wed before continuing lower, maybe it breaks the trend and we see chaos flatline with the short vix popping back over the regression, maybe we continue immediately down, ut if im going to hope for bulls is spx im curious to first see short vix pick up over the midline and go for the top of the range, and opposite for the bearish picture either in continuation or rejection from some level.
short short on long spx vol bearish us equities
🧊The Iceberg Illusion In TradingThe iceberg illusion in trading refers to the perception gap between what people think trading is and what it actually means. Many people see trading as a simple way to make quick profits and accumulate wealth, with the idea that all one has to do is buy low and sell high. However, the reality is far more complex. Under the surface of what appears to be a straightforward process lies a world of risk, stress, and uncertainty. Trading is not just about making money, it requires discipline, patience, and a deep understanding of the markets. Those who don't understand the true nature of trading may face financial loss, depression and failure, much like the hidden dangers beneath the surface of an iceberg. Success in trading often requires much more than just a basic understanding of market trends and patterns, and those who dive in without being fully prepared may face dire consequences.
🔷 Above the Iceberg
Above the iceberg, people often see the glamorous and attractive side of trading, characterized by success, wealth, and financial independence. They imagine traders as confident and knowledgeable individuals, making smart decisions and reaping the rewards of their investments. The image of traders making large profits in a short amount of time is one that is often perpetuated by media and popular culture. People often see the stock market as a fast-paced, exciting place where opportunities for financial gain are abundant, and the idea of being able to control one's financial future through trading is alluring. This perception of trading often creates a rosy and idealized image of what it entails, leading many to believe that success in the markets is easy to achieve.
🔶 Bellow the Iceberg
Below the iceberg, lies the reality of the challenges and difficulties that traders face on a daily basis. There are many hidden risks and uncertainties that are not immediately apparent to those who are new to the world of trading. Some of the things that people don't know that lie beneath the surface of the iceberg include:
🔸 Market volatility:
The stock market is a highly volatile environment, and prices can fluctuate rapidly and unpredictably. This can make it difficult for traders to manage their positions and minimize their losses.
🔸 Emotional stress:
Trading can be a highly emotional experience, and the pressure to make the right decisions can be immense. Many traders struggle with anxiety, fear, and depression, particularly when faced with losing trades.
🔸 Lack of understanding:
The stock market is complex, and it can be difficult for traders to understand all of the factors that influence market trends and prices. This can lead to costly mistakes and an increased risk of financial loss.
🔸 Competition:
The stock market is a highly competitive environment, and traders must be able to keep up with fast-moving markets and make quick decisions based on complex data and information.
🔸 Long-term success:
Many traders are focused on short-term profits and may not consider the long-term impact of their trading decisions. Achieving lasting success in the markets requires a well-thought-out strategy and a strong understanding of the markets and the risks involved.
🔸 Timing:
Successful trading often requires precise timing, as markets can change rapidly and prices can fluctuate. Traders must have a deep understanding of market trends and be able to make quick decisions to take advantage of opportunities.
🔸 Risk management:
Trading involves risk, and traders must be able to manage their positions and minimize their losses. This requires a well-planned and executed risk management strategy, including setting stop-losses and taking profits at appropriate levels.
🔸 Knowledge and experience:
Trading is not just about buying low and selling high. It requires a deep understanding of market trends, economics, and financial analysis, as well as years of experience to develop a successful trading strategy.
🔸 Discipline:
Trading requires discipline and patience, as well as the ability to stick to a well-thought-out strategy. Many traders make impulsive decisions based on emotions or market rumors, which can lead to financial losses.
Welcome to the hardest game in the world.
👤 @AlgoBuddy
📅 Daily Ideas about market update, psychology & indicators
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🧠 The Mind Of A Smart TraderTrading psychology is influenced by emotions like greed and fear, which can drive irrational behavior in markets. Greed causes excessive risk-taking and speculation, while fear causes traders to exit positions prematurely or avoid risk. Regret can also cause traders to violate discipline and make trades at peak prices, leading to losses. These emotions can be particularly prominent in bull or bear markets and can have a significant impact on market outcomes. Trading psychology is a crucial factor in determining success in trading securities. It includes aspects of an individual's character and behavior that affect their trading decisions. Discipline and risk-taking are critical components of trading psychology, as is the impact of emotions like fear, greed, hope, and regret. It can be as important as knowledge, experience, and skill in determining trading success.
🧠10 Trading mindset tips:
🔹 Stay informed: Stay updated with the latest market news, trends, and developments, as well as your preferred assets.
🔹 Create a trading plan: This should include a clear set of rules for entry, exit, and risk management. Stick to your plan.
🔹 Manage your emotions: Avoid making impulsive decisions, especially during volatile market conditions. Keep a clear head and stick to your plan.
🔹 Continuously educate yourself: Enhance your knowledge and skills by reading books, attending seminars, and practicing with demo accounts.
🔹 Diversify your portfolio: Spread your risk across different assets and markets to reduce your exposure to any one particular market.
🔹 Stay disciplined: Follow your plan and stick to your rules, even if your emotions are telling you otherwise.
🔹 Set realistic expectations: Be mindful of your limitations and don’t overreach. Accept small losses and focus on long-term success.
🔹 Stay focused: Avoid distractions and keep your mind on your trading activities.
🔹 Keep a trading journal: Record your trades, track your progress, and reflect on what you could have done differently.
🔹 Take breaks: Avoid overtrading, which can lead to burnout. Take time to recharge and come back fresh.
👤 @AlgoBuddy
📅 Daily Ideas about market update, psychology & indicators
❤️ If you appreciate our work, please like, comment and follow ❤️