GBP/USD: Swing-Setup! Range-Breakout with a great opportunity!Hey tradomaniacs,
welcome to another free signal!
Important: Wait for the retracement down to the trendline and wait for a trigger!
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Type: Swingtrade
Buy-Limit: 1,27110
Stop-Loss: 1,26155
Target 1: 1,284
Target 2: 1,29
Targt 3: 1,29508
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Chances
SPX: Weekly outlook! Best price to buy?Hey tradomaniacs,
welcome to another outlook of the S&P500!
Tuff times and volatile markets are giving Swingtraders hard times to trade the market.
On the other hand, we`ve seen much volatility and perfect preconditions for daytrading! :-)
The S&P500 as the "world index" should be on your watchlist to observe the market carefully!
Will we crash? Or can we stay above the panic-zone?
SPX500 is currently dancing between 2.600 and 2.800 since 03. October!
With two rallys after the the Sell-Off the market was trying to get above the 2.800 but coouldn`t make it.
Every rally has got totally invalidated by the market due to uncertainity driven by news over news.
The MAC-D is showing us a "Bullish divergence", creating higher lows, while SPX lows are going sideways!
Overall we have seen more bearish commitment, it seems the market wants to safe profits as fast as possible.
The political situation is cooling down and relationship between China and teh USA seems to be headed in the right direction.
If cruide oil climbs, we could see more optimism and at least another try to break through 2.800!
Cann we holf 61,8% retracement and 2.600? We will see! :-)
I wish you a great start into the new week!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
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Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
DAX: WEEKLY OVERVIEW! Look at his divergence!#Buychance?Hey tradomaniacs,
quick a weekly overview of the DAX.
It all plays out as the S/H/S-Pattern pre-determined.
Technically we`ve seen a decent correction and sell-off below the 10.000, which has not been touched for more than 8 years.
The sell-pressure is more than obvious and clear. But can we recover?
Is that a trigger for panic? Or rather a chance to buy as cheap as never before?
NOONE KNOWS!
My first target is the 10.583 and should be the next decent support-level!
But what about the US-Markets, whose seems to be upbeat not willing to violate the previous lows of the year?
If we don`t head downwards the DAX could possibly get "support" by the Wallstreet.
During the last week we`ve seen alot of important news that could support the wallstreet this month!
1. OPEC finally agreed to reduce the discharge of oil by 1,4 mio barrel a day.
2. NFP-Data way worse than expected. A weak economy means no the FED could possibly abstain from its policy and decrease the amount of rate hikes, which would weaken the US-DOLLAR and push the economy (still liquidity) and
oil!
But there are still important things like the brexit, tradewar, italy and so on!
What will happen? Noone knows!
For now, I`m still bearish but I see the potential auf a change before we crash next year! :-)
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Leave a like and a comment - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
USD/TRY: Swing-Setups! BE ready for all scenarios! :-)Hey tradomaniacs,
welcome to another signal by trading2ez.
In this case we want to be ready for both scenarios. Whether it`s going down or up, we can make profit with it!
Bullish scenario:
After the Breakout of the trendline, we wanna make sure that we don`t buy a Fakeout.
Wait for the retest of 5.3! After that we should see bears coming into the market following the downtrend.
Right after we should see a retest of the previous high, which was @ 5,25!
A bounce off that area would show a new high and a higher low confirming the crossed MAC-D and RSI above 50!
This third wave has huge potential, our first target would be the top of the range @ 5.40 - 5.45!
After that we can head to 5.5!
Indicators:
MAC-D should get above the 0-Line crossed upwards!
RSI: Should bounce off 50% and go upwards!
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Bearish scenario:
IF we see a Fakeout and bounce back into the trendchannel, we wait for the retest of the recent bottom @ 5.12917!
After that, we should see bulls coming into the market until we retest the trendchannel.
THIS is our chance to sell the market until we`ve reached the important mark of 5.0!
Indicators:
MAC-D should cross downwards below the 0-Line to confirm that trade!
RSI should get below 50%!
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SETUPS
Short:
Sell-Limit: 5.14397
Stop-Loss: 5.23019
Target 1: 5.05
Target 2: 5.0
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Long:
Buy-Stop: 5.25
Stop-Loss: 5.14
Target-Zone 1: 5.36 - 5.4036
Target 2: 5.56
Leave a like and a comment - I appreciate every support! :-)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Interesting!
Dont over complicate trading.. remember past , observe patterns , apply today !
Though market is also divert via external factors (newses, politics, etc) so always be patients and keep watching for good entry.
Reversal is possible with higher levels..
however, if breaks here then damaging downfall will result.
so never panic and greedy .. (use stop loss in such cases)
DAX: Weekly Overview! Chance to get back to 12k!Years-End-Rally?Hey tradomaniacs,
we had a very rough time and there are still a lot of political concerning circumstances against my assumption.
It looks like the market trys to grab every chance it can get to buy DAX for such a low price.
The german market was able to prove its sentiment within the last week since the US-market was in "Holiday" and
gave us no impulses to follow during the Wallstreet-Session. The market was just uncertain and didn`t move at all.
What does that mean?
It seems like the german / european market has no own opinion about the current situation.
Are we waiting for actions of Trump and the white house?
Are we waiting for sales numbers after the black friday?
Are we waiting for the Brexit?
There are 5 important upcomig events next week:
1. Trump-Xi Meeting
2. Brexit Developments
3. FED: Powell Speaks
4. U.S. 3Q GDP - Second Estimate5
5. Euro Zone Flash Inflation
Technical situation:
As you can see, we are currently in a situation which looks like a decent correction after the impuls-phase
that started in Feb.2016 and ended in the beginning of this year.
Since we were violating 12.000, the market is still very bearish and could continue the joruney.
Technically it`s pretty likely to see a retracement in order to create the WAVE B of wave (Y)
to retest the golden and psychologically very important mark of 12.000.
The market could prove it`s creed and should give us a clear direction forcing more market-players to react.
We still see a double-bottom @ 11.000 with a neckline @ 11.687! If we trigger that pattern we could
head to the big battlefield at 12.000 and find the path the DAX really wants to go.
Remember: The seasonality is great! The years-end-rally could give us nice chances to buy the market.
And as often, the END-BOSS will activate the "Rage-mode" before he capitulates! ;-D
But yeah, everything CAN HAPPEN.
Have a nice start into the new week!
Peace and good trades
Irasor
Wanna see more? Don`t forgetto follow me.
Any questions? PM me. :-)
BTC/USDHi guys
Today we are watching BTC on USD on a 4h chart.
2018 has not been an easy but we keep hanging on !
We can see a buying opportunity coming up for BTC if it breaks through the first support line. Everything under it can be a good buying spot but personally I will wait until we come along $9500 and see if it goes lower to buy in there. If it doesn't,buying in a little above shouldn't be a big mistake.
We should be able to go back up after touching the low because we already witnessed a a strong support on those levels lately!
Hoping that you guys take some profits!
You trade on your own risk, this is meant to inform not to oblige nor advice.
EURGBP LONG ENTRY LEVELS More chances for a bullish continuation, what is confirmed by a recent multi time frame price action research, and important level zones
NEXT WEBINAR (LONDON TIME): 15/07/16 19:00 www.youtube.com
Reviewing the most recent PA 1&2 period patterns we have:
1D Bearish Pattern
1M Bullish Pattern
Knowing the patterns of a higher time frame is very important. Sometimes they can conflict one to another, but it gives us the information of the possible correctional moves, or a start of a new direction, so basically, every time when conflict exists, you must examine a chart whether it is a correctional pattern appearence or a new direction, shall you close the existing trade or open the new one, does it give you a new oportunity or shall you wait, and also rememver, that when the monthly pattern appeared, it means that it is valid till the current month is closed, as by the price action rules, the pattern is clear only at the close of the candle or a bar.
We also have to review the range of the closed period comparing to the previous set of periods, hours, weeks, months, etc... Here, I'm showing you a range compared to 6 and 3 previous periods, NR means Narrow range, WR means wide range, the number displays a total periods reviewed, if the NR is displayed, high possibility of the range expansion, in WR case it can be opposite. at the moment here's the situation:
1H WR4
1H WR7
4H WR4
4H WR7
1D WR4
1D WR7
1M WR4
1M WR7
Session (current session only) levels:
r3 0.84876
r2 0.84528
r1 0.84179
p 0.83501
s1 0.83152
s2 0.82474
s3 0.82125
I really hope that sharing of my routine with you, will help you in your trading.
Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.
Sincerely
Arturs Jermolickis
arthur@marenno.com
skype: marenno.business
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.