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Followthetrend

Politics is noting for me, the stock market is.......so here is a short post of my thoughts —from the passenger seat down to weekend celebrations in Hua Hin :) After SET50 did retest the 800 resistance and support, from below, it has put its GPS on a southern destination. But how far down south is it heading??? Well my best quess would be, to test March lows. I want to end this publication with a few words that years on the market has taught me: Since it's impossible to control the market, don't! Establish in what the trend of the market is, and follow it! And lastly, ALWAYS use a stop-loss for all of your short and medium term trades!
SET:SET50Short
by SamuiTrader
Possible swing trading setup in EURUSDHello everyone! Since end of July the price is stuck between 1,16-1,20 price zone and EURUSD is trading sideways, however the trend on higher timeframe is still bullish . Recent price action indicates that there was a possible false breakdown below 1,17000 price and we might see further weakening of the greenback . 1,17400 - 1,17770 is the closest price zone, where (if we pullback from current 1,18100 level) the bulls might show another interest for buying and the demand might exceed the supply, which will support the price going north… …the main risk for continued USD weakness remains the US stimulus deal to be struck and the US Q3 earnings disappointment, which might generate strong demand for the greenback resulting EURUSD long squeeze. A possible swing trade setup is on the chart for you. // Feel free to share your opinion/position via comment and follow me for more upcoming ideas/setups + support my work by hitting like. :) For more information please check the link in my profile status... // Risk disclaimer: This is not an investment advice and you should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources. Trading spot foreign currencies (“FX”) is not appropriate for all investors, and the risks of FX trading can be substantial.
Long
by GIgor_021
BTCUSD - Follow trend by Keltner Channel 23 Sep 20201. How to use Keltner Channel a_ Length of Keltner's basis line is 50. It gives the best result in finding rule of BTCUSD. b_ How to confirms a trend. - Upper 2 is used to confirm Keltner channel at Uptrend. - Lower 2 is used to confirm Keltner channel at Downtrend. c. How to determine a swing Entry. _ Upper 1 is used to buy when the market make a corrective. _ Lower 1 is used to sell when the market make a corrective. 2. Long signal is confirmed when Closed of candle crossover the Upper 2. 3. Short signal is confirmed when Closed of candle crossunder the Lower 2. 4. Stoploss is calculated by the price closed candle +/- the value of Average true range (length=20 bars) Stoploss = previous Close +/- atr(20)x2 -> To move the stoploss every 1 hour. 5. Filter the Candle is over 93% for Not Entry.
COINBASE:BTCUSDShort
by dinhchien
4
Trucking Along The SPY - 06/12/20 RECAPHi traders, After an indecisive start of Friday's trading and one false breakout later, I managed to both enter and exit pretty nicely in MGM, making it probably the nices trade of the month. Ending up slightly down for the week though. Trades: 1) MRO - LONG @6.81, -0.70% 2) MGM - SHORT @19.09, +2% *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.* Total PnL for the day: +1.30% Total PnL for the week: -2.04% Good trades, Tom | FINEIGHT
NYSE:MGM
by Fineight
I WARNED you: It's a BULL TREND.Today SPX killed a lot of bears. It’s impressive, and I understand the bear’s point. With all the problems the world is facing right now, how could this bull trend persist? Well, I have no idea, all I know it is a bull trend and that’s what I’ve been warning you guys since I started to write my analyses here. First, I invite you to follow me to keep updated about our trades and analyses, I’m every day here, and I’m sure you’ll find something interesting. Those who follows me know that I’m a bull, I have my portfolio and I bought more stocks on Friday. Check my social media for more details. My stocks are performing very well, thank you very much, despite of my personal beliefs about the market. As I said, I get the bears, but my trading style is reactive, not predictive , and I just do what the chart tell me to do. I’ll talk openly about my stocks in future posts. I’ve already analyzed two of them here (links below), but the remaining I just mentioned briefly on my social media, so remember to follow me there too! Now SPX is testing a resistance zone again, which is the previous tops and the 61.8% fib retracement, and it did a higher high than these tops. All of this are very strong bullish signs, and it seems it will close slightly above the fib retracement. A stronger bullish sign would be if it close above the higher high of Apr 29’s candle, but that’s ok. At the hourly chart you can see my concerns: The price found support at the “support zone” and did a false breakout of the purple trendline. Now we see that it is very important for the price to close above this pink line (Apr. 29 top), because the market may see a triple top here, and this could sink the price all the way back to the “support zone”. In any case, I wouldn’t short SPX to hedge my positions, I prefer to buy VIX, but only tomorrow we will know if the bulls will win this battle. Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
TVC:SPX
by Nathan_The_Finance_Hydra
6
On course to hit another TP 🔥🥵🤑This is a trade I took earlier and hopefully you took the same trade when I sent out my signal. If not then hit that follow button, on absolute fire this week 🔥🔥🔥 So looking at the chart guys, higher highs and higher lows being made, very simple stuff. This tells us the trade is still valid and is still moving in that uptrend. We almost had a perfect entry 🤑, be sure to hit that follow button and don’t miss out on another trade. Trade currently sitting around the 35pip mark, just under half way to the TP, aiming for around 80-90pips. SL sitting at break even but with be trailing my stop loss soon. Consider following 🙏🏻 Risk management is key 🔑 Stay profitable 🤑
Long
by Ash_FXtradingMadeSimple
1
On course to hit TP🤑🔥🥵 higher highs lower lows being madeJust a quick update on the trade I took earlier and hopefully you took it to, if not make sure to follow to get these signals, been on absolute fire 🔥 this week. So enough chat, looking at the chart, very simple stuff guys, we can see ‘higher highs’ & ‘higher lows’ being made. Tells us this trade is still valid, still in a beautiful uptrend, and guys we pretty much got a perfect entry on this trade. Around 35pips profit so far, TP is set at around 90pips I believe, SL currently at break even looking to move around 15pip area. Dont miss another one off my signals hit that follow button and lets get these pips!! 🔥🤑🔥🤑
Long
by Ash_FXtradingMadeSimple
2
BTCUSD: possible long scnearioTechnically speaking, BTC has broken out from the triangle chart pattern on 4h timeframe... ...so entering from around 6600 with S/L around 5650 and T/P around 9200 (previous March high) price levels provides decent R:R opportunity. Fundamentally, BTC was under pressure as other major markets and I am not sure we are not going to see lower levels in the coming days/weeks, but before that another bull rally is quite possible. Keep in mind, that It's important to follow predefined risk and money management rules. // I would very much appreciate if you support my work by hitting like .) Feel free to share your opinion/position via comment and follow me to stay updated.
BITSTAMP:BTCUSDLong
by GIgor_021
2
BE FLEXIBLE , TRADING IS FOREVER CHANGING - SP500Good Day Traders! Congrats to those who made money following our calls! 💰💰💰 Simply following us and we will get you guys our latest updates FOR FREE! Go to the link below & hit the " FOLLOW " button right now ! 👉 www.tradingview.com 👉 www.tradingview.com 👉 www.tradingview.com Below is our latest call, and if you are following us, you are IN THE MONEY RIGHT NOW. 💰💰💰 📈📈📈 TVC:SPX 👉https://www.tradingview.com/chart/SPXUSD/TlMBSxNi-HOW-TO-MAKE-MONEY-ON-SP500/ "Your strategy has to be flexible enough to change when the environment changes" - Mark Weinstein Yesterday, US equity market rebounded after Fed offered to buy unlimited amounts of assets to steady markets and expanded its mandate to corporate bonds. HOWEVER, all gains was erased and SP500 closed in negative territory again. (SIGN OF WEAKNESS - SHORT) THE TREND IS STILL DOWNTREND , lasted more than a month ➡️ SUPER BEARISH ➡️ SHORT White boxes (shown in the chart) is expanding. Volatility is expected in the next few days. Opportunities are only for the people who are prepared. Hit like and comment if you agree with our ideas !! Follow us Rule_no1 so we can get you our latest updates ! 👉 www.tradingview.com 👉 www.tradingview.com 👉 www.tradingview.com Happy Trading :) DISCLAIMER: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Trade at your own risk.
FOREXCOM:SPX500Short
by Rule_no1