Daytrade
$LIZI | Trade Plan Friday 05, 2021$LIZI has been on fire. 3 green days, I was stalking a short entry around 11:00am but did not get it as it showed strength.
For the past 3 days in a row, it's been pushing at market open, I expect same today.
Average time to start fading is around 11:00am - 12:00pm, today I am looking at scalping once it hits the premarket high of 20.09 (very strong resistance). Above 20, it will probably squeeze a little, but I can see today will be first red day.
Short at sight of weakness, breaking uptrend lines, be careful of any share volume above 250K/min. Long at Buy area indicated, confluence of support and trendline (around 13.50 - 13.75 area).
Trade your plan, manage your risk. GL & Happy Friday.
AUDCAD - Day trade by Keltner Channels - 4 feb 2021ENTRY: Buy Lower/Sell Upper | basis 20 | keltner confirm | reset Keltner | Upper/Lower 1 | crossing: 3 | Candle not entry | HH-LL: 5 | adx: 31 |
1. How to fill color the Keltner Channel:
...All Upper, Basis, Lower inscreased to fill green.
...All upper, basis, lower descrease to fill red.
...One of the Upper, Basis, Lower is not the same direction fill gray color.
2. How to calculate a Trend:
...If the Total of 25 candles > 0 to give Uptrend.
...If the Total of 25 candles < 0 to give Downtrend.
3. How to entry.
- Buy's entry when the Color is up and the price crossunder the Basis.
- Sell' entry when the Color is down and the price crossover the Basis.
4. How to calculate the Stoploss and Take profit:
EURUSD - Day trade by Keltner - Stochastic - ADX 3 Feb 2021Risk/reward: 1/1, 1/1~2 | Entry by: Upper/Lower | Keltner crossing: 2 | Candle not entry: 80% | Stochastic: 80/20 | Adx: 31/9/9 | Notrade friday
Max risk: 2% - Risk / reward: 1/1, 1/1~2.
1. Trend identification:
... Keltner: Price Through Upper / Lower 1 gives 1 point. 2 points are eligible for entry.
... Stochastic:
...... k> 70: Uptrend. k <15: Down trend.
... ADX: 31 provides strong trend following signal.
2. Entry point:
... Price corrects to Upper / Lower when 3 conditions Keltner , Stochastic & ADX indicator meet.
3. Not trade friday.
4, Second entry is at fibonacci retracement 65%.
Good luck.
GBPUSD Looking Decisive NowWhats going on guys, welcome back to my page, hope you all had a wonderful trading day yesterday and carry that momentum into today. Ill make this one short and sweet
As we can see, price has made a lower high on the 1H chart when some of us were asleep, this is telling me that a downtrend is prevalent and I should bias shorts over longs. This along with other confirmations of a continuation are as follows:
- Price is under a recently created crossover on the 1H chart
-Lower Highs Formed
-Long upper wicks present on recent 1H candle
Now things that DONT support a sell include these:
- Price is in a liquidity zone I have marked from last week
- Price could reverse because of the NY session beginning soon
My advice to you all is to favor a short over the reversal simply because if you take a look on the 4H chart you can see the whole picture much easier. You could wait for price to exit the liquidity zone as well
Trade Safe, Trade Smart, Trade Precise; see yall in the next idea!
XAUUSD day trade longHey hey!
Its been a busy and good start for the new week and month for us!
based on the related video idea, we banged a big profit on XAUUSD short... but now its time for us to go looong!
We're trading the range here on 1h, and believe price can retrace up...after all the daily and 4H look bullish.
The 10m chart is where the entry comes into play... its looking like a bull reversal.
Quick Scalp on Z1PThis was very interesting today, first it was not on my radar this morning, once it gaps up I thought I will go for a buy, then for some reason I was trading it like a demon. I was gambling with this stock today and I was trading emotionally.
On the one minute chart my entry was all over the place, I think moving forward if it gaps up wait for a pull back once it come to the high then go for a break out trade. If the gap up but goes below the opening price let it go though then wait for a rally then go for your short and vice versa if it gaps down.
Reddit army set sights on Silver!News this morning out on CNN that Reddit mania is now focussed on Silver. This is an ambitious move as playing with silver is a dangerous game. The reason being that it's a global market, with powerful players, with deep pockets. Having said that, it will be interesting to see a global mobilization of Reddit and other activist trading groups and if they are able to exactly exert real market pressure on markets at scale globally.
Either way, silver looks set to be a long day trade according to both the intraday technicals as well as the primary driver being the news and hype on Silver. that will surely develop over the trading day.
Caution: Big chance of high volatility and sharp reversals. :
Day Trade Idea: Silver Long 29.550 - 29.750 +
!. Technicals very bullish on intraday charts
2. Reddit army seems to be targeting Silver
3. Cnn has a headline front page about the above.
4. I think that will mobilize Reddit mania.
This is not advise to trade or enter any position based on my analysis.
US30 day trade longWe recently went short Silver (XAGUSD)... we dont see a GME on it... Infact we think the hedge funds might just pull a sneaky on everyone!
Anyway our shorts are locked. Moving on to US30 long.
We see lots of potential for a day trade profit on this one. We have a bullish continuation pattern indicating that we could see a strong push up.
BUT! When price comes to our 38.2% on the 4H chart (left) we are planning to go short... not 100% yet we will decide when price comes there and see whats up..