Daytrading
Banknifty | 3rd Dec'20243m: Price at strong resistance; wait for bearish confirmation after a nearby buy-side liquidity sweep to short.
15m: If 3m shows no bearish confirmation, watch for a buy-side liquidity sweep on 15m, then await bearish confirmation to short.
*Remember overall 15m trend is bearish!
Banknifty Forecast for 2nd Dec'2024The trend is bearish and may follow one of these scenarios:
1. Likely to grab all buy-side liquidity before continuing bearish.
2. Likely to grab available retail liquidity before continuing bearish.
3. Likely to drop aggressively bearish, then reverse bullish to grab buy-side liquidity.
#ES_F Day Trading Prep Week 12.01 - 12.06.24Last Week :
Last week market opened up inside the Value of this 930s - 650s HTF Range, beginning of the week we were able to stay around the Value and balance inside this 620 - 970s Intraday Range with pushes out of Value that got sold back in. Wednesday again opened over Value and sold back in with RTH Volume but closed right under VAH to finish regular trading week. Shortened holiday sessions didnt have much supply so we were able to hold over VAH which build up stops that got squeezed in upper Edge once end of week covering came in on Friday.
This Week :
This is technically the first tag of this new HTF Range Edge since our first push towards it failed just shy of it. More often than not first tests of big areas like an Edge provide a reaction in the oppositive direction, of course we could say the push that gave us selling from this area the first time was it and that this time we may hold long or continue but because this move was during shortened holiday sessions we need to watch out with looking for continuation from here unless market can hold over 640s - 50s, stay around/inside the Edge AND get through 670s with Edge top and start holding over it. Until this happens I would be looking for us to either try and balance around this Current Intraday Range of 620s - 670 which we pushed into Friday or if the buying just pushes us up during lighter volume days and wont stick come next week then we can see a move back towards VAH and if we can't hold over it then its possible to see continuation back inside the Value/Mean and if we have enough supply a push for lower VAL.
We have HTF stops built up there under 970s if that area gets taken it could bring in more selling to give us an Edge to Edge move from bottom to the top, if we can't take the stops at VAL then we could continue to balance inside this Value building Supply.
This is new month and last month of the year, will we start our first week with a sell towards the buyers who are under 940s or do we have enough buying to give us a hold over Value and try to test new one ?
On Daily TF we are still inside a 5720s - 6070s Range and currently we are inside Daily Edge, if we can't get through it then possible return towards Daily VAH which is in 980 - 60s Area.
GBP/USD 1H AnalysisThe price has broken above a key resistance zone, which is now acting as support. This breakout signals potential bullish momentum.
✅ What I’m watching for:
If the price pulls back to the new support zone, it could present a good opportunity to enter a long position, but only with confirmation of buyers stepping in.
🚨 Plan:
Wait for clear signals, like bullish candlesticks or increased buying volume, to confirm the support holds before entering.
👉 Follow me for more trade ideas and updates!
Banknifty | 28th Nov'2024 Forecast | NSEMany retail traders have buy orders (buy-side liquidity) that big players (institutions) can take.
First, they grab all the buy-side liquidity.
Next, they target sell-side liquidity by creating false breakouts.
Then, they push the price down to a strong support or demand zone (bearish move).
After that, they reverse the price up (bullish move) and take any remaining buy-side liquidity.
DM to learn more about liquidity and how big players think in the market!
Ethereum’s Plow and the Lambo DreamHowdy, folks! Oink, oink, Porky here!
Let’s not kid ourselves: in a bull market, everyone’s a genius—even Porky. The fields look greener, the skies brighter, and even a blind pig might dig up a truffle.
Thus, back in the mud with a new idea for when Bitcoin slows down and everyone and their pigs are beginning to sniff out the “next Bitcoin.” Porky thinks Ethereum might be the one to hog the limelight of all the nonsense this time, fueled by all that crowding and chatter. Ethereum is a magical tractor powered by “gas” that plows a never-ending digital field. Expensive gas, mind you, but that’s how this tractor works!
While some farmers are already dreaming about USD 5,000 ETH prices, Porky’s a down-to-earth pig. He prefers mud baths over moon shots, and the only Lambo he wants has a plow on it. Porky’s happy nibbling a small chunk of the action, so here’s his day-trading idea:
🐷 The Plan
Entry Price: 3,366
Stop Loss: 3,285
Target: 3,499 (+4.1%)
The Chart Story:
Porky’s chart has blue lines marking pivots from Ethereum’s climb earlier this year, from USD 1,860 to 4,090 (January–March 2024). Orange lines show bottoms from the consolidation that followed, all the way to September.
Now, let’s talk about that purple dotted line at 3,330. It is not only a handsome number, but a key level that was formed around the epic November 2021 rally, when ETH topped at nearly USD 4,900. Porky reckons if price clears 3,330 from below, it’s a sign of strength—like a piglet pushing through to the trough!
But there’s one more hurdle at 3,350. Porky doesn’t like it; it’s like a patch of stubborn weeds. He wants it cleared before hopping on the ride. Once that’s done, he sees a smooth road to his final destination at 3,499. A safe (looking) ride just the way Porky likes it.
🐽 Final Thoughts
Porky’s not greedy, and he’s certainly no financial advisor. He’s just a humble pig farming pips and dreaming of tractors, not yachts. So, keep your hoof on the ground and trade wisely, y’all!
Snorts and cheers,
Porky 🐷
My Trading Journal #4Hi everyone, this is my view for today, targeting the ASIA low from the previous day.
Attention:
We have a Liquidity Pool above London and ASIA today, that is, I will be looking at Sales only after clearing the high with a STOP HUNT of at least 27 PTS, the ideal being 81 PTS!
Have a great day and happy trading!
BTC USDT - day trade 25/11/2002BYBIT:BTCUSDT.P
Bitcoin Day Trading Plan
The process reveals a powerful decline below the trading range, reminiscent of a TSO (Terminal Shakeout).
Particular emphasis should be placed on the green candlestick, which indicates the presence of high-quality buyers in the process.
Additionally, it is evident that the entire downward movement is accompanied by an extremely low RSI, significantly below the 30 level.
SOLUSDT Market Structure Update👋Hello Traders,
Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Long setup in
SOLUSDT for session trade (a couple of Hours)
Here is a session trade idea (since it is near support surface, we should use small lot size)
Please refer to the details Stop loss, Buy Zone,open for take profit.
Next Long entry after retracement in any session.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
Bank Nifty | NSE | Intraday Forecast for November 25, 2024Strategy involves analyzing the 24th's daily candle and the 15-minute time frame after the market opens on the 25th. Here's a breakdown of the scenario:
Key Assumptions in the Strategy:
24th Daily Candle Analysis:
Its a strong bullish (BL) pattern, expect a potential gap-up opening on the 25th.
25th Market Opening (15-minute chart focus):
Scenario 1: If the market breaks a strong resistance zone above, it is expected to range for a while.
Next Move: After consolidating (ranging), the market will decide the trend direction based on a zone breakout:
Bullish Breakout (BL side): Enter a long trade based on confirmations like increased volume, sustained breakout, or momentum indicators.
Bearish Breakdown (BR side): Enter a short trade once confirmations like rejection candles, lower highs, or volume surge appear.
#ES_F Day Trading Prep Week 11.24 - 11.29.24Last Week :
Sunday Globex opened and held over lower ranges Value which put is in this 940 - 880+/- Distribution Balance, holding under 930s Edge kept giving us weakness into lower VAH but Tuesday Pre Market move into Value failed after tagging the Mean, prices were able to hold and climb back over the Edge which brought stability and more buying to close things up with a push/hold inside above Value.
This Week:
We have a tricky week coming up as we have End of the Month Week, Holiday, Supply inside and above current Value and buying/cost basis that we built up under 940s. This could lead towards slower back and forth trading inside/around this Value. Probably not a week to push for too much continuation on either side and maybe watch for smaller ranges. We are now inside 970 - 620 Intraday Range and if we have enough supply around/above it and buying under that could keep the price balancing around it. Unless volume comes in to knock us back down under VAL and can get us under 940s or make a push over 620s and start holding over 630+ then id be careful on holding too long or looking for big moves on either side, might be more of consolidation choppier trading.
On Daily TF we have again made a move under Smaller MA, made a push for but no tag of anything bigger under and popped back out to finish the week, we may require more sideways action in this current HTF Range of 930s - 650s +/- Before we would be ready for any bigger corrections and this could take time to set up, and of course we arent looking for much higher prices unless we can built up under above Edge and get a good push through it with a hold without coming back in. Time to be careful and tighten up.