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Forextradingzones

EURUSD, monthly and semi-annual developmentsThe price after arriving in B1 of the monthly decided to follow the cycle by looking for the MML H4 in A1. The B1 of the half year has been exceeded for a while, now we can only wait for the price to decline again towards new lows in A1 of the same cycle, and we would find the first interesting level at 1.1065. The MCS is going to narrow the channel of excess weakness, confirming the fact that 1.1065 could trigger the half-yearly buy signal (for now only a hypothesis remains). An alternative view would be the restart of the uptrend right near the MML H4 it has just touched, setting the half-yearly report in 3 times.
by The_Cyclical_Trading
Imbalance Concept ✅✅✅ ⭐️ An imbalance of orders is when a market exchange receives too many of one kind of order—buy, sell, limit—and not enough of the order's counterpoint. For sellers to complete their trades, there must be buyers and vice versa; when the equation is slanted too heavily in one direction, it creates an imbalance. I use imbalances both bullish and bearish to spot where price made ,,un-natural,, moves that should be filled as a tipical GAP move, i will look at them as MAGNET area where price should be attracted where price should go. ⭐️ You can use them as entry areas when price fills the imbalance area or profit target zones I attached couple photos where you can see bullish & bearish imbalances both filled and un-fullfiled(price didnt come back) Hope that was insightfull FOLLOW / LIKE for more content ✅
COINBASE:BTCUSDEducation
by AnonimFXRO
BTCUSD 15M Chart Analysis Swing Trading Zones!Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with minimum 2 positions. Once trades hits TP1, change stop loss to break even, making it a risk free trade. If passes TP2, change stop loss again to TP1 to lock in profit if trade goes in reversal. Have tight stop losses to lock in profit, If trade hits TP3, closes. If you do see a reversal (For example going from TP2 short to TP1 short, get into a BUY and have take profit @entry point) Do not trade in-between the Long Entry, and Short Entry! That's my range, and often it will just stay in there until a break out. If trade breaks through our TP3, wait for a candle to come back to it and reverse the trade back to entry.
BITSTAMP:BTCUSD
by CoverchefsFX
2
XAUUSD 15M Chart Analysis Swing Trading Zones!Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with minimum 2 positions. Once trades hits TP1, change stop loss to break even, making it a risk free trade. If passes TP2, change stop loss again to TP1 to lock in profit if trade goes in reversal. Have tight stop losses to lock in profit, If trade hits TP3, closes. If you do see a reversal (For example going from TP2 short to TP1 short, get into a BUY and have take profit @entry point) Do not trade in-between the Long Entry, and Short Entry! That's my range, and often it will just stay in there until a break out. Range is tight, so please have stop losses and take profits involved when trading!
OANDA:XAUUSD
by CoverchefsFX
BTCUSD 15M Chart Analysis Swing Trading zones!Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with minimum 2 positions. Once trades hits TP1, change stop loss to break even, making it a risk free trade. If passes TP2, change stop loss again to TP1 to lock in profit if trade goes in reversal. Have tight stop losses to lock in profit, If trade hits TP3, closes. If you do see a reversal (For example going from TP2 short to TP1 short, get into a BUY and have take profit @entry point) Do not trade in-between the Long Entry, and Short Entry! That's my range, and often it will just stay in there until a break out. If trade breaks through our TP3, wait for a candle to come back to it and reverse the trade back to entry. Market is very volatile today, be careful put stop losses and take profits no matter what, huge wicks are happening today which are very dangerous if you're in a trade not favoring the wick.
BITSTAMP:BTCUSD
by CoverchefsFX
US30 Day Chart Analysis Trading Zones!Play the chart with important rules: My Daily chart trades are different compared to my 15M chart trading zones. For my daily chart trading zones, we play this in-between the ranges (in-between the "Long Entry" and "Short Entry") to make money until a breakout occurs. If the candle wicks up and hits the Long Entry line (the orange line) we get into a sell position until it goes to our short entry, the Long Entry has strong resistance, and has a higher chance of not breaking through. BUT, if the candle starts to break through our long entry, around 30-50 pips, reverse the trade and get into a BUY. Ride the trade to our TP1, and place tight stop losses to lock in profit if it wicks down. Same goes for TP2, and TP3, keep changing your stop losses tighter to keep locking in more profit to insure you get as much profit as you can with minimal risk. Same goes for our Sell Entry line (the blue line) we get into a buy position until it goes to our long entry, the Sell Entry has strong support, and has a higher chance of not breaking through. BUT, if the candle starts to break through our sell entry, around 30-50 pips, reverse the trade and get into a SELL. Ride the trade to our TP1, and place tight stop losses to lock in profit if it wicks up. Same goes for TP2, and TP3, keep changing your stop losses tighter to keep locking in more profit to insure you get as much profit as you can with minimal risk. Also treat the TP's like TP1 & 2 like our entries, they're major resistance and support areas. For example if the candle hits Long TP2, and hits your TIGHT stop loss that you have in place, get into a sell position and ride it back to TP1, have a tight stop loss once again, and if it doesn't break below TP1, reverse your trade again and get into a buy until TP2! You can keep trading in-between these zones till a break out happens, tight stop losses are important!!
OANDA:US30USD
by CoverchefsFX
XAUUSD 15M Chart Analysis Swing Trading Zones!Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with minimum 2 positions. Once trades hits TP1, change stop loss to break even, making it a risk free trade. If passes TP2, change stop loss again to TP1 to lock in profit if trade goes in reversal. Have tight stop losses to lock in profit, If trade hits TP3, closes. If you do see a reversal (For example going from TP2 short to TP1 short, get into a BUY and have take profit @entry point) Do not trade in-between the Long Entry, and Short Entry! That's my range, and often it will just stay in there until a break out. Range is tight, so please have stop losses and take profits involved when trading!
OANDA:XAUUSD
by CoverchefsFX
XAUUSD - KOG REPORT!In last weeks KOG Report we suggested we would stay bearish on the market as long as the price stayed below the 1824-7 price level but we would be trading with our 1833 KOG target in mind. We said we would be looking at another attempt on the lows and that 1812-08 region support could be an opportunity to then take the long to target the higher resistance levels. We suggested we would like to test the short trade from the resistance levels but due to the change in structure we updated during the week that we would be targeting higher levels instead. This bullish move also completed our 1833 KOG target which we had been looking at for the last few weeks in our KOG reports. So what can we expect in the week ahead? We’ll start by saying, yes, we’re still playing bearish on this only taking long trades into the resistance levels. Until we break and hold above that 1855-65 price region we will remain with this view. The benefit of level to level trading is you can target both long and short trades with your bias being on getting the right entry to hold for your direction, which in our case is short. We are however expecting more bullish movement on Gold this week potentially targeting that higher resistance level which we had stated and planned for on our post about “Trading the Range”. Please read this report is you haven’t already as we have updated it last week. We’re hoping for the price to use the lower support regions as a base to settle before a push up during the week into the higher resistance levels of 1845, 1855-60. We have a KOG target both above and below, so we’re hoping the higher on gets completed first and then the price declines to target the lower one. Our plan for the week: We will be looking for a potential test on the 1840-45 resistance level during the early sessions where we feel the price may face resistance. Depending on this level holding we may test the short trade but only into the immediate support levels below of 1835, 1830 and below that 1827. The 1827-24 price region is where we’re hoping the price will find support which if it holds, we want to test the long trade for that higher price level of 1845, 1850-55 and above that 1860. These higher resistance levels are where we will be waiting to take our positions for the short trades back down in to the lower support levels that start at 1810 and below. That higher region of resistance is the last opportunity for bears to hold their ground and we feel that is where they’re waiting for the bulls to take the price. Breaking above that higher level with change our stance on Gold and we will turn bullish on this. Until then we’ll be in and out level to level making the most of the range. We have FOMC this week so please trade carefully, unless this gets priced in which is very possible there is going to be a lot of choppy price action and aggressive swings in the markets this week. We will update you with our plans and analysis throughout the week as we have been. Wishing you a successful weeks trading ahead. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
14
EURO US DOLLAR SHORTThe euro changed hands at $1.135 during the third week of January, down from a recent two-month peak of $1.148 and following a jump in yields over the past few days. Concerns over imminent policy tightening in the US resurfaced after several Federal Reserve officials signaled they were prepared to hike interest rates in March to combat inflation. At the same time, the European Central Bank is seen slower than other major central banks in tightening monetary policy, with markets pricing in a 10 basis-point rate hike from the European Central Bank in September and betting on a second rate hike by December.
Short
by DaveBrascoFX
GoldViewFX - RANGE BOXING = RANGE VIEW - STRATEGYHey All, We had some great feedback from our back to BENCHMARK strategy (see related post below) and wanted to share another simple strategy that I have been developing and using for many years that I call, Range Boxing. A term I thought was the perfect cliche of two words for this strategy. RANGE BOXING creates what we call a RANGE VIEW; A clear view for price action within pre-determined zones. This then allows us to trade a ranging market and get out before a RANGE BREAKER or gear up to ride the RANGEBREAKER by identifying the RANGE SHIFT. I will define each term below and then walk you through the strategy. RANGE SHIFT This is the early signs of a range breaker or a merger of a range and allows us to start identifying when the price is about to break out of a range or MERGE (more likely). RANGE BREAKER The break out of the range into another range confirmed with EMA5 break and candle body close above or below the RANGE BOX RANGE BOX Boxes created around a side by side price range, defining the top and bottom of the box with EMA5 Goldturns (See all my previous posts on Goldturns) Its the way we draw SUPPORT and RESISTANCE. They create levels with less noise and more suited to trade Gold. Please see example below of a RANGE BOX, created using GOLDTURNS. RANGE VIEW This is created by using historical range boxes in the same range and bringing over the boxes to the current price range. This now gives you the view of the projected range. HOW TO USE THE STRATEGY Strategy can be used on higher time frames for longer term direction, however I find it more effective to trade with on the 1 HOUR and or 4 HOUR chart. I zoom out of the chart and look for the last time the price was in this range and identify the 3 ranges. One range above (RANGE1), the middle range (RANGE 2) and the bottom range (RANGE 3). I then created boxes around those ranges 1,2 and 3 using the highs and lows of the Goldturn levels. (See example above). Once this is done, I now bring those boxes and stretch the boxes across to the current price range. This now gives us the RANGE VIEW. I always put a half line across the range of a RANGE VIEW. It allows me to break down the zone to identify the RANGE SHIFT. I can now trade the current range using these levels, bouncing up and down the range. Identifying each level break and rejection using Goldturns and EMA5 breaks. If a box is broken with EMA5 and a candle body close, its a range breaker and it opens target to the entrance of the next RANGE BOX. To enter the RANGE BOX we again look for EMA5 to break inside with a candle body close, which then confirms movement to the half line and then same again for the target to the top of the RANGE BOX. A rejection by resistance, will then have the price come back down to find support, until we see another breakout. We can start to identify early breakouts by identifying a RANGE SHIFT and a fake BREAKOUT by Goldturn rejection. Please see the example of the chart, RANGE 3 into RANGE 2. When the half line is broken up from range 3, price started to find support on the half line from resistance to support. This allowed us to identify the structure for a RANGE SHIFT. RANGE SHIFT's are easier to catch then a RANGE BREAKER, as a RANGE SHIFT is a merger approach into a new range. I can now also apply the Back to BENCHMARK strategy, as an overlay on each range to support a BREAKOUT or RANGE SHIFT. I hope you all find this setup useful and it adds as an additional tool to support your trading analysis. Please don't forget to like, comment and follow, it really helps us to bring more quality content to you all. GoldViewFX XAUUSD TOP AUTHOR
FX:XAUUSD
by Goldviewfx
19
XAUUSD 15M Chart Analysis Swing Trades!Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with 2-3 positions when going into a trade, Take first 1 out at TP1, 2nd one TP2, 3rd one try and let it run to TP3 and create its stop loss @ TP1 to lock in profit no matter what happens. These TP's will hit fast after they break out of my range and go past a entry!
OANDA:XAUUSD
by CoverchefsFX
BTCUSD 15M Chart Analysis Swing Trades!Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with 2-3 positions when going into a trade, Take first 1 out at TP1, 2nd one TP2, 3rd one try and let it run to TP3 and create its stop loss @ TP1 to lock in profit no matter what happens.
BITSTAMP:BTCUSD
by CoverchefsFX
BTCUSD 15M Chart Analysis Trading Zone!Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with 2-3 positions when going into a trade, Take first 1 out at TP1, 2nd one TP2, 3rd one try and let it run to TP3 and create its stop loss @ TP1 to lock in profit no matter what happens.
BITSTAMP:BTCUSD
by CoverchefsFX
1
BTCUSD 15M Chart Analysis Swing Trades!Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with 2-3 positions when going into a trade, Take first 1 out at TP1, 2nd one TP2, 3rd one try and let it run to TP3 and create its stop loss @ TP1 to lock in profit no matter what happens. BITSTAMP:ETHUSD
BITSTAMP:ETHUSD
by CoverchefsFX
Forex Updates 10/1/2022 (DXY)Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The dollar was up on Monday morning, kicking off the week strongly, as investors wagered that U.S. inflation data and appearances by key U.S. Federal Reserve officials would enhance the case for interest rate hikes. The U.S. Dollar Index Futures, which monitors the dollar against a basket of other currencies, had risen 0.19 percent to 95.905. The USD/JPY exchange rate rose 0.23 percent to 115.81. The Japanese stock exchanges were closed for a holiday. The AUD/USD pair rose 0.27 percent to 0.7198, while the NZD/USD pair fell 0.07 percent to 0.6775. The USD/CNY pair fell 0.06 percent to 6.3738 ahead of China's consumer and producer price indexes, which are due on Wednesday. The USD/GBP exchange rate rose 0.02 percent to 1.3588. This week, Fed Chairman Jerome Powell and Governor Lael Brainard will speak separately before Senate committees on their nominations to be Fed chair and deputy chair, respectively. The dollar experienced some selling after a weaker-than-expected December U.S. jobs report, particularly non-farm payrolls, pushed investors out of long dollar holdings. Investors are now looking forward to the release of inflation statistics, particularly the consumer price index, later this week. However, if money markets fully price in a Fed raise in March 2022, the greenback would likely lose speed and the index would head around 94. The pound was also somewhat weaker against the US dollar. However, it has been rising because to expectations that the Bank of England (BOE) will raise interest rates in tandem with the Fed. Resistance points for the DXY : 1) 96.25 2) 96.78 3) 97.09 Support points for the DXY : 1) 95.42 2) 95.10 3) 94.58 This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
TVC:DXY
by GabiDahduh