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Futurestrading

ES Measured Move and Running out of Steam?I do believe it's time for a slight cool off for the ES. The swings are getting smaller and we are getting tighter. Currently in a fairly large channel (main channel) but currently still in an uptrend as well. With the swings getting smaller, we will either break to the upside for a push above 4200, or break down for a cool off period back to around 4130-4100. We have also completed two legs up for a measured move. Looking like it's time for some correction. I am currently short at the 77's with profit targets of 65 (targeting the uptrend support) and 50 (targeting a breakdown of the uptrend and a third retest of ~50.
CME_MINI:ES1!Short
by AmpedTrading
A lot of money needed for this to move though 😊Here we have 2 possible scenarios! I see Cardano trying to break out from the triangle pattern however it needs to be a big breakout and we don't see that yet except for 15min TF. Still not enough of a confirmation, breakout then re-test of trendline before kicking off. I think it would go up that much but good enough for a small scalp trade in the lower timeframes. A lot of money is needed for Cardano to move strongly and it's been going down consistently for a long time so I advise manage risk properly. We could potentially see a down move as well if it fails to breakout any higher and that would mean a continuation of the juggernaut downtrend we've always been into lol... which makes sense being an overall bear market.
A
by KinaStar
5
S&P What's Next To Come..4160 Proved Strong as a PA zone for Traders... That's why we looked short each time. Nonetheless the area remains short due to PREV PA zones highlighted to the left handside. But... Areas like this are hit so many times before they break. The risk of each strike therefore inherently changes. It's wise to lower Size upon further hits on the same area as you have seen and leave remaining Trade size (lots) for extended moves up to more clear PA zones. That comes around 4250. Often you will get times where markets fall for an extended period and are followed by indecision / sideways markets. That's because sentiment to the downside cools off and you get a rise in the price of the asset. Former Long zones become new short zones (re hitting resistance) and they take time to break if significant enough (or market sentiment is not strong enough either). Dropping size can come in varying proportions. This can be halves/thirds/quarters or less as comfortable. If you are dealing in Risk % per trade its also wise to drop this per hit. This is a classic way to manage risk based on previous price history. Remember Markets will repeat themselves and not every trade consists of the same risk %. Also note indicators like your Stoch Oscillator.. When they are high you should not buy. That is timeframe specific and not as a general view. Trade safe and trade small.
CME_MINI:ES1!
by WillSebastian
Future Trading XRP Idea!. If the price drops down to $0.777 - 0.1663, I would consider enter a trade XRP/USDT. If the price of XRP/USDT rises to between $1.413 and $1.526, that would be my Take Profit Zone. I would consider selling a portion of my XRP/USDT holdings to lock in profits. If the price of XRP/USDT continues to rise and reaches between $3.365 and $3.672, that would also be a Take Profit Zone for me. At that point, I would consider selling more of my XRP/USDT holdings to secure additional profits.
Long
by skylordzx
My today's view on SP500 - FutureHi Traders, This is my view for today on ES Micro and Macro structure are both aligned. There’re few zone I’ll wait for the price to test: - 4025 for a short - 4080/90 for a short, as well - 3960 for a long (but I need a strong confirmation) Pit, Trading Kitchen DISCLAIMER: Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
CME_MINI:ES1!Short
by kitchen_trading
1
Sugar Futures March April Challange Hello my friends! How is going your trading week? I hope that is doing well, anyways lets talk about this operation! Bulish: We are preparing for a trend continuation after the break of the resistance level that we are currently in, for entrys we gonna wait a strong candle, a pattern cadle or something like that. Bearish: Here for the bearish operation we are waiting a retest in our candle, rejecting the resitance level and then going back to support, we gonna also pay attetion if the price after the retest in the resistance will not go directly to the next suport zone, but is gonna restest at a fib level.
ICEUS:SB1!
by CherPetitPrince
2
Silver Futures March April Challange Hello my friends! How is going your trading week? I hope that is doing well, anyways lets talk about this operation! Bulish: We are preparing for a trend continuation after the break of the resistance level that we are currently in, for entrys we gonna wait a strong candle, a pattern cadle or something like that. Bearish: Here for the bearish operation we are waiting a retest in our candle, rejecting the resitance level and then going back to support, we gonna also pay attetion if the price after the retest in the resistance will not go directly to the next suport zone, but is gonna restest at a fib level.
COMEX:SI1!
by CherPetitPrince
End of Week Wrap! SPX, ES & Leading DiagonalAs the trading week comes to a close, market participants have witnessed a slow yet steady rise in SPX futures. I'm going to dive into the advantages of trading futures, analyze the recent price action in ES futures and the SPX index, and discuss the leading diagonal pattern that played out in the market. I will also provide insights into what to expect for the week ahead and share some advice on trading cautiously. The Advantages of Trading Futures Futures trading offers several benefits to traders, one of which is the absence of theta decay. Theta decay refers to the decline in the value of an option as time passes, which can erode profits in options trading. With futures, traders can benefit from even slight movements in their favor, making it easier to secure profits. Be careful for futures rollover dates, which TradingView conveniently places on the chart for your reference. Recent Price Action in ES Futures and SPX Index The ES futures experienced an upward movement, reaching the 4000 mark and hitting the resistance level at 4010. On the other hand, the SPX index did not quite make it to 4000. However, it is possible that it could reach that level next week, potentially after a lower open on Sunday evening. As the market conditions evolve, I will be closely monitoring ES for a move up to 4020. The Leading Diagonal Pattern in Action As anticipated, the leading diagonal pattern played out, and after breaking out, the price action briefly retested the trendline before moving up to 4000. This pattern indicates that the market is poised for a significant trend reversal. Expectations for the Week Ahead For the upcoming week, I anticipate that the market may open slightly lower, though not significantly. Shorting the market at this stage should be approached with caution and considered only for short-term day trades. After a potential pullback, I expect the market to make a move up towards the 4020 level later in the week before encountering another rejection. That is where I will consider adding short exposure. However, predicting such a scenario far into the future comes with inherent uncertainties, so it is wise to revisit my hypothesis next week and adjust as necessary. Trade Carefully and Stay Informed As we venture into the new trading week, it is crucial to trade carefully and stay abreast of market developments. By understanding the advantages of futures trading, closely monitoring price action in ES futures and the SPX index, and analyzing patterns such as the leading diagonal that unfolded over the last 2 days, you can better navigate the financial markets and make informed decisions. As market conditions evolve, it is essential to continually reassess your strategies and adapt accordingly. By trading cautiously and staying informed, you can minimize risk and maximize your chances of success in this ever-changing landscape.
CME_MINI:ES1!
by bitdoctor