January 13, 2020 1245a CT NQ analysis1/13/21 1240a CT NQ analysis
I base most of my NQ trading on the 2 hour chart, using FIB arcs and the 200 ema (dark red). The white arrows designate important pivots for how the fib arcs are drawn. These 2 arcs have been in place since 1/8/21 and have not been adjusted. Notice how the .0786 arc from the 1/6 low is perfect resistance for the last 2 swing highs.
Also, note the red arrows pointing to 3 of the swing lows that tested the 200 ema. Note how the market rallied each time those were tested.
It required much work during today's volatility, but I have averaged my long NQ position down to the 12850s, looking for a test of all time highs and hopefully higher.
Futures-trading
GOLD (XAUUSD): Important Breakout & Continuation
Gold broke key level again.
And though I was quite confident in 1800 level, after two day's consolidation the price has easily broken that.
With yesterday's daily candle close I expect a bearish continuation next week.
The area around 1750 will be the next goal for sellers based on price action in May/June.
GOLD (XAUUSD) Can Go Even Lower!!! Here is the Reason:
hey guys,
I have analyzed the strongest bearish rallies on gold since 2017.
What I noticed is that both the selloff of 2018 and 2020 made gold lose almost 15% of its value.
a new bearish rally that started in august has already corrected the price by 10%.
Even though the trend remains sharply bullish , it looks like we still have a potential here to lose 5% more.
It is not a trading recommendation but rather an observation.
let me know what do you think about it.
VISL - Future Projection (3 Month Analysis)Hello,
I'm completely new to trading though I am an accountant, I have a lot to learn. Please, critic and fill up the comments with questions.
For this specific analysis, it is a small fish that is growing. I see, huge potential for swing trading this growing stock.
My insta is: @aahlexj
I have a Discord with several friends, we are open to traders!
For BTC To Go Up, We go Down Hey hey. Happy Halving and to the world. As ever I am going to keep this short and sweet, as quickly looking at the 1 hour chart I see a potential that a short is still in play.
Ok, so to be brief we are starting to see the 200MA and 100MA kiss. If the 200MA starts curtailing above the 100MA, death cross, then we should indeed expect a downtrend and call the last 6 hours or so as capitulation as per the halving and fundamental reasons, with the sideways movement.
ALso, the 15 minute shows what appears to be a bear flag forming, which I shall post. There is much more one could write, and in the future I will, but this is a quick publication to benefit the shorters.
SO far, nearly all charts have been on the money
Good lyck
DAX INDEX ON KEY LEVEL!
10300 - 10600 is a decision zone for DAX.
the reaction of the market participants will show us the future direction of the index.
I am short biased here and want to see some double top formation to sell aiming at 9550.
however, if you are on a bullish side you can wait for a bullish breakout of the underlined zone
and then buy on pullback expecting a further recovery.
pay attention and follow the market!
E&P 500 daytime technical analysisHi friends
I will give you a technical analysis of a very important market in time intervals during the day(daily)
the graph shows that there is an 85% probability that the market will bearish a decline what we can deduce it is necessary to sell is better than to buy
you can share your love by giving me likes and comments this your action will inspire me to work more and more
this is my e-mail youssef.lyazidi5@gmail.com
Copper (XCUUSD) Trading Plan & Potential Drop
hey guys,
pay attention to copper today!
currently, the price has reached a key structure resistance level and we have a potential opportunity for short!
pay attention to a horizontal decision range on 1H and sell in case of a bearish breakout of it (1H candle close below 2.172!
stop will be above the higher high within the channel!
target levels: 2.11 / 2.04
in case of a bullish continuation and candle close above 2.24 setups will be invalid!
please, support the idea with like and comment! thank you!
S&P500: Within Selling Zone
spy is trading within a strong zone of supply.
I will short the market only after a bearish breakout of a minor rising channel.
It will be a "compulsory" confirmation on so strong bullish market.
target levels have been adjusted:
T1 - 3050
T2 - 3000
stop will be strictly above the highest point of the channel.
DXY: Dollar Keeps Losing Value
after a very strong bearish wave, we see a correctional movement on DXY .
I believe that bears still have much space for one more leg down to major structure support .
I don't know how long the correctional movement will last but
our trigger is a bearish violation of a support of a rising channel .
DOLLAR KEEPS FALLING!!! WHERE IS SUPPORT???
Dollar index keeps falling.
Selling pressure is accumulating and for the last two weeks, we haven't seen any pullback.
The market is coming closer and closer to a support line of a major rising channel .
I think that bears will keep pushing the market to 96.5 level and only from the identified zone we will see a pullback.
Please, support the idea with like! thank you :)
FKLI encounter mid-point resistance level.Today FKLI's buyers start slowing down at mid-point resistance level (1651 level) .
If buyers failed to breakthrough 1651 resistance level, we could see price retrace to 1635 level.
DISCLAIMER: ABOVE ARE BASED ON MY OWN ANALYSIS, IT'S NOT A BUY/SELL CALL AND DOES NOT CONSIDER YOUR RISK APPETITE.
Position Solifiying Within Future Months - GF1!Considering the inclinated amount of oscillation over the last few months, there is implication to acknowledge the viability of generating sparatic movement towards either a bearish trend or bullish direction. (Patience is Key) Entry Point at Either 162.025 or 128.450.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Itinerary).
-LionGate