Markets reverse because of changing economic sentiment. That's the easy part. Managing your entries/exits is what needs overall care. Get consistency with this approach.
SPX500 is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 5,675.99 which is a multi-swing-high resistance that aligns close to the 127.2% Fibonacci extension level. Stop loss is at 5,750.00 which is a level that sits above another 127.2% Fibonacci extension level. Take profit is at...
A recap of today's action and my thoughts after posting the preview earlier. Overall, a lot of volatility but not much price movement. Flat day, well below the implied move for SPY today. I think the move will be coming in the next few days, still hard to say which direction that is but I'm still leaning towards down for now.
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 68.63 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 65.05 which is a level that lies underneath a swing-low support. Take profit is at 73.00 which is a pullback resistance that...
Coca Cola ( NYSE:KO ) will provide a textbook setup soon: Click chart above to see the detailed analysis👆🏻 Coca Cola is one of these "under the radar" stocks which is just trending higher and higher but nobody is really paying attention. However currently Coca Cola is retesting a resistance trendline of the governing rising channel pattern so a short term...
Gold (XAU/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 2,578.07 which is a pullback support. Stop loss is at 2,558.00 which is a level that sits under a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 2,600.11 which is a resistance level at the all-time...
👀 👉 XAUUSD Gold has broken its market structure to the downside. On the daily and 4-hour charts, we observe a pullback into equilibrium, presenting a potential buying opportunity. In this video, we discuss market structure, price action, and, most importantly, the trend. We also outline a possible trade setup if the price moves as outlined in the...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
TESLA Looks Unstoppable This time +13% Already in Profits Since when I posted the previous analysis on September 2nd the price increased by nearly +13% and is making higher highs. Today it looks even better after the FED supported the economy by decreasing the rates by 50bps. You can watch the video for further details. Thank you and Good Luck! Previous analysis:
Today's pattern is a Top-Resistance pattern. After yesterday's Fed rate cut and the reaction, overnight, by the global markets, this top pattern suggests the markets will find a peak today and roll downward, away from that peak level. Overall, I'm not too worried about a major crisis top today. I believe the Fed has unchained the US/Global markets a bit with...
Trading Dips when you have various resistance levels blocking your overall target is vital. Don't hold for swings only, as you may get whacked lower.
Amd ( NASDAQ:AMD ) is targeting new all time highs: Click chart above to see the detailed analysis👆🏻 This month Amd perfectly retested and already rejected the previous resistance which was turned support after the bullish breakout. Following the overall swings inside of the rising channel formation, I do expect Amd to create new all time highs over the...
BOE meeting awaits. Key levels for trading as well as some market principles can be covered.
MartyBoots here, I have been trading for 17 years and sharing my ideas with the crypto community. Bitcoin is almost ready , the wait is almost over FOMC TODAY - Do not miss it Any questions or need any help just let me know
This video pretty much covers everything I've been telling all of you over the past 5+ days. Yes, I'm planning on waiting out the consolidation/early trading today and waiting through the Fed decision. There is no reason to jump in front of a moving train attempting to change its direction or speed. You just get run over and beat up. So, I'm going to take a...
USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.8430 which is a pullback support. Stop loss is at 0.8360 which is a level that lies underneath a swing-low support. Take profit is at 0.8541 which is a multi-swing-high resistance that aligns close to the 50.0% Fibonacci retracement...
EURUSD is rallying back towards local highs on USD weakness / Slight EUR strength. Understanding price momentum is key to better forex judgements.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.