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GBP/CHF Long and EUR/CAD Long and trade recap on USD/CHF (-0.7%)GBP/CHF Long • If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. EUR/CAD Long • If price impulses up above our area of value, it does so in a convincing manner and a tight flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Long
by StewySongs
USD/CHF Short, NZD/USD Short and trade recap on GBP/USD (+0.2%)USD/CHF Short • If price corrects and a tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. NZD/USD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
1
Trade Reversals Successfully - Key Price Action to look forIn the video I talk through the two trades namely trading continuation with Trend and then trading Countertrend Reversals. Both have their own price action points but are very different. I review a continuation trade and the setups I look for when trading from level to level...but the main focus on the video is trading Reversals which can be very rewarding but also very difficult. I like to stick to a few key points when looking for reversals, and they are :- - Trade off an extension into a key level - Trade off a higher low (for buys) or lower high (for sells) - M pattern for entry confirmation or a minor lower high In the video I explain the reasoning and how risk is managed. ** If you like the content then take a look at the profile to get more daily ideas and learning material ** ** Comments and likes are greatly appreciated **
CBOT_MINI:YM1!Education
by TradeTheStructure
Bitcoin 4H Analysis: Pivotal Price PointsBitcoin , as represented on the 4H timeframe, displays a blend of bullish and bearish signals, with recent price action showing consolidation and occasional spikes in both directions, hinting at market uncertainty. Key Analysis Points: 1. The price is hovering above the Ichimoku Cloud, suggesting potential bullish momentum. 2. The MACD's position below its Signal line, coupled with its negative value, signals bearishness. However, a histogram value of 47 hints this momentum may be waning. 3. The Stochastic Oscillator's %K (67.32) and %D (60.75) values, being above 50 but below 80, suggest a bullish short-term momentum. 4. The RSI stands at 46.24, slightly bearish as it's under the 50 threshold. 5. Trading volume doesn't show significant spikes, indicating a lack of strong trend confirmation. Recent News Influence: On October 14, 2023, Bitcoin saw a minor price uptick, likely influenced by the SEC's decision not to contest a court ruling favoring Grayscale Investments and their Bitcoin ETF plans. This development might usher in a warmer regulatory environment for Bitcoin ETFs. Additionally, the culmination of the Bitcoin Amsterdam event, a significant conference in Europe, symbolizes the Bitcoin community's continuous growth and dialogue. Probable Scenario: Factoring in the technical indicators and the recent news, the market sentiment leans towards cautious optimism. While the immediate technicals present a mixed view, the positive regulatory news from the SEC and the conclusion of the Bitcoin Amsterdam event can serve as potential bullish catalysts in the short to medium term. Overall Sentiment: Neutral to slightly bullish, influenced by both technical factors and recent positive news events.
BITSTAMP:BTCUSDLong
by MonoCoinSignal
69
USD/CHF Short and GBP/USD ShortUSD/CHF Short • If price impulses down below the wick below, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. GBP/USD Short • If price corrects and a tight one hour flag forms, then I'll be looking to get short with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
1
NZD/USD ShortNZD/USD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
XAUUSD All time high in November? Good evening gold gang! we are back with a new week and a new month! The analysis last week was on fire .. lets continue it this week. If war tensions still escalate i predict we will see all time highs on gold this November, from there i want to be taking long term sells .. i will keep everyone updated as i do this dont worry Asian session pull backs would be nice to grab a nice buy spot but with whats going on geo politically, i would think it can still continue to rise and break through the daily resistance zone from may this year Lets let some candles play out gang .. thank you for over 200 followers this weekend! insane numbers .. ive hit the 2000 like gold did lol .. thank you catch you in london tommy
OANDA:XAUUSD
by tommyXAU
2
CHF/JPY Short, NZD/USD Short and USD/CHF ShortCHF/JPY Short • If price corrects and a tight flag forms, then I'll be looking to get short with a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. NZD/USD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. USD/CHF Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
1
EURGBP Swing Entry OpportunityEURGBP is not the most trending currency pair, but I do believe are some momentum plays. They're slow to form, like taking all of last week, but the trend change does spell some opportunities. There are two key points that signalled the reversal and hold. Price broke above a consolidation that I marked for a reversal change signal. Shortly after the neckline breakout, price formed another consolidation. Two weeks ago, price broke above that consolidation and halted shortly after the breakout. For the week ahead, I'm watching to see if momentum picks up. If I do see stronger bullish candles, this will be good consideration to scale into a long position.
Long
by FinancialGamblR
3
Potential Reversal Play on NZDJPYObserved a reversal and channel break on NZDJPY. It's a bit too early to tell at the moment given that I haven't seen anything structural over on the weekly timeframe. But, getting in early does help ensure a high R:R if this trend holds. Over the past two months, I've marked four points of interest: Price breaches previous high formed around mid-June of this year. After a quick pullback, price re-tests the high but fails to sustain. This is where we see the neckline breach as price closes below a prior support level. A range was formed mid-October and Friday's close was a good indication that I should be keeping a close eye on this pair for further downside action next week.
Short
by FinancialGamblR
NZD/USD ShortNZD/USD Short • If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
1