Trades Idea for Monday 18 Mar 24DISCLAIMER
This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose.
Gold/USD (XAUUSD) Signal For 18 Mar 2024
Trade Idea 1
SELL LIMIT Order: $2161.96
Stop Loss: $2168.92
Take Profit 1: $2155.25
Take Profit 2: $2150.47
Trade Idea 2
SELL LIMIT Order: $2166.10
Stop Loss: $2173.06
Take Profit 1: $2159.39
Take Profit 2: $2150.47
Risk per trade: 0.5%.
100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out.
Reason
The first-hour candlestick closes below 21 EMA, hence our bias is to SELL. We will place a SELL limit order at 38.20%, stop loss at 23.60% and take profit at 127.20% for trade no.1 and a SELL limit order at 61.80%, stop loss at 100% and take profit at 127.20% for trade no.2.
March Trade Results
P&L for the month: -1.95R
01 Mar: +1.35R
06 Mar: +1.35R
08 Mar: +1.35R
11 Mar: -1R
12 Mar no.1: -1R
12 Mar no.2: -1R
13 Mar no.1: -1R
13 Mar no.2: +0.5R
14 Mar no.1: -1R
14 Mar no.2: -1R
15 Mar no.1: -1R
15 Mar no.2: +0.5R & running
The year 2024 Trade Results
January: +2.6R
February: +3.35R
IDEA
GBP/AUD Short Idea TradeMarket broke the counter trend line and retesting it.
Higher time frames we are respecting this area and when we dive into lower time frame you can see the trend line break and broken structure being retested.
its Friday so we can expect the moves to play out next week. this is just my idea for next week.
GBP/AUD Long Trade Idea 1:5 RRMarket broke structure and we are retesting it now. if we get bullish candle closures at this support we can enter a Long position with a great 1:5 risk to reward setup.
if the market does not close with bullish candles in this area and falls below then we will not enter the buys and we will wait for a good setup.
GBP/AUD Long Idea TradeMarket structure broke resistance now testing as support.
we respected this area on higher time frames multiple times and now on 15m we broke structure to potentially rally 100 pips to the next clear resistance area where the market has not tested.
great risk to reward setup. better confirmation would be if we respect the blue support zone.
GBP/AUD SHORT IDEAMarket structure showing us LL and LH created.
Broken support and came back retested made resistance structure.
higher time frames at major resistance and when we go down to lower time frame we break it down to the market flowing sells.
great risk to reward.
can take more sells if we break this trend line for London session.
TON looks a good in the nearest time for a jumping to the roofPOLONIEX:TONUSDT
It is possible, that I'm a mad a bit, but see a two shoulders pattern. Perspective is 2-3 weeks.
MACD indicator showing that now we are located in the point, that is look good for the long jump.
$TONUSDT::$2.44->$3::22%::2-3 weeks
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs #crypto
$TON - forecast for the end of this yearI believe, that very soon we will see BYBIT:TONUSDT on the top of ascending stars of crypto markets with tremendous potential for the next years.
Fundamentally, it presents very fast and secure protocols with support of all the possible operations, which can be needed in the nearest and I suppose, for a far away future. And, in my point of view, value of this pair, exactly will be reflected on the price of it.
In my head, the goal till the beginning of 2024 locates somewhere between 4 and 5.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
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NEAR USDT TO $12NEAR USDT TO $12
Long accumulation phase on daily timeframe that finally broke out.
A move like this could have potentially a lot of upside.
We saw the same with AVAX a few months ago, albeit on the weekly timeframe. And we played AVAX when it was under $10 to catch that megapump upwards of $40.
NEAR could go a lot higher, with $12 just being the first target.
Why $12?
The previous high on NEAR was sub $20. However, there was a lot less coins in circulation in 2022 when NEAR hit its previous highs. If we take the previous high market cap (12.5b) and use that with the current circulating supply, that takes us right at $12.
That's not to say that it can't go higher than $12, but just $12 should be the first target. Which can also see a possibly pullback. If we can get past $12 without any pullback, we could breeze through $15 and previous highs.
BINANCE:NEARUSDT BINANCE:NEARUSDT.P BYBIT:NEARUSDT.P BINANCE:NEARUSD COINBASE:NEARUSD KUCOIN:NEARUSDT MEXC:NEARUSDT.P OKX:NEARUSDT.P BYBIT:NEARUSDT BITGET:NEARUSDT.P BINANCE:NEARUSD.P KRAKEN:NEARUSD MEXC:NEARUSDT BINGX:NEARUSDT.PS COINBASE:NEARUSDT CRYPTO:NEARUSD
In the short term, gold prices continue a steady upward trend.Gold costs elevated on the primary buying and selling day withinside the US. According to reviews withinside the US, the quantity of jobs withinside the non-agricultural area elevated with the aid of using 275,000 devices in February 2024. America`s failure charge elevated to 3.9%.
The marketplace obtained the remarks of Mr. Jerome Powell, Chairman of the Federal Reserve (Fed), positively. Experts are expecting that the Fed is prepared to reduce hobby prices and in all likelihood withinside the center of this year.
The records association will appeal to the marketplace's interest due to the fact that is vital records to assess the rate of the Fed's hobby charge reduce.
During the week, the marketplace will display retail income reviews and weekly enterprise help applications, in addition to US production records.
Gold rate forecast
SPDR Gold Trust GLD, the world's biggest gold exchange, stated its gold holdings fell to 815.thirteen lots on March 8.
Alex Pickard, Vice President of Affiliate Research, stated growing gold costs created optimism that unfold to different asset classes, supplying specialists with input. In the quick term, gold costs preserve a consistent upward trend.
Considering a potential trade idea Short till $40"Considering a potential trade idea: Keep an eye on Oil's price action around $68. If reached, a bearish sentiment could prevail, possibly targeting $40. The completion of a head and shoulders pattern might occur, with the final shoulder forming at $68. Monitoring this setup for potential short positions could yield fruitful opportunities. #OilAnalysis #TradingStrategy"
Exploring a nuanced trading idea: Observing bearish divergence on the daily timeframe alongside Oil's critical level at $68. This convergence signals a potential downtrend, possibly completing a head and shoulders pattern with a projected target around $40. Monitoring closely for confirmation and strategic entry points. #OilTrading #DivergenceAnalysis
$INSG (Inseego Corp) have a huge probability for raising Good time for NASDAQ:INSG to appear as a good long show maker.
Building double bottom with in couple with RSI and MACD baseline can be a nice root for a starting ascending moving.
My expectation, that we can take about 200% in 4 months.
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
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Good start for $TAL and it will continue the roadmapWe were ready for this jump as per prior predicted scenario for NYSE:TAL
Expecting ceiling for it in a short-term plot is about 13-14.
It's already took us 25% from the bottom level. and we get 100 percent more.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
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$ZINE will cost many times more in yearsBuying of the company is only underlines a real value of it. I mentioned about this many times.
Buyer see something helpful for the business and industry and of cause believe that collaborative company will show high level of outcomes.
I propose a price near 100 for the shares of NASDAQ:ZYNE till the end of this decade.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
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EURAUD OUTLOOK & TRADE IDEA | 4HRisky buys, although there was already a lot of liquidity and orders taken there might be some imbalance left. (minor imbalance - left bottom corner). There was no major POI to be mitigated under the imbalance. The safer option is buying in the 4H DBR.
What do you think?
LQP = Liquidity Pool
DBR = Drop Base Rally Demand Zone
NZDUSD TRADE IDEA | 1hWaiting for DXY inducement to get in. Most of the USD pairs look like a short right now. Waiting for some reactions confirming my predictions. I don't predict in trading, I react to what I see.
It either goes to the hidden base or it might just drop off the inducement and imbalance fill.
Lets see!
What do you think?
LQP = Liquidity Pool
Tr🐕panion SEATTLE, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP) announced today that Margi Tooth, President, will present at the Raymond James 2024 Institutional Investors Conference on Wednesday, March 6, 2024, at 9:50 a.m. ET and will participate in meetings with investors throughout the day.
The presentation will be webcast live and can be accessed on Trupanion’s Investor Relations website at investors.trupanion.com.