Its ok to don't know,but its not ok to trade when you don knowSome time we don't understand the Market, and its ok. cause some times there is a war between Bulls and Bears, and we don't want to get in the middle of crossfire, or just we don't understand where the market is heading. in this situations just stay away from trading and don't push yourself to open a trade. cause when you don't get the chart, you cant find a good entry and exit point and there is no matter how small is you stop loss or how big is it, it will finally cost you.
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So go read a book, do some exercise or whatever, just don't push yourselfer.
IDEA
EURCAD long idea — higher high breakEURCAD broke above a significant higher high zone. There is a slimmer chance that it will go down at resistance now since price already broke above resistance level. Just look for a nice break above with a nice pullback and the chances are higher for trend continuation up.
NZD/CAD Potential Forecast |HTF Analysis| Thursday 20 April 2023Hi everyone !!
On NZD/CAD we have a huge demand above. Because overall structure bias is bearish and that can confuse a lot of the traders if the price starts to reverse.
The Demand (POI) market on the chart is on a daily TF so it can mean that whoever buy from this it can buy again and make trend reversal.
Every time you place a trade make sure that your confirmation is confirmed with your system/trading plan.
Good luck!
IDEA - Wait For The Bulls ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
After an over-extended bearish movement, IDEA has been trading inside a range after rejecting the round number 0.01
We have been stuck inside the accumulation between 0.01 and 0.02
🏹 For the bulls to take over, we need a Daily Candle Close above 0.02
Meanwhile, since IDEA is inside a range and around the lower bound, we will be looking for short-term buy setups on lower timeframes.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTCUSDT Hello, when the price crosses the level of 31700, I expect to see a higher column up to 40000, but in my opinion, this is where we should have a better correction to 23000, and anyway, the general and longer view is bullish, and I also agree, but I will not forget. that we have good reforms in the future.... Anyway, the price goes in any direction, whether it is high or low, we have specific entry points for both sides.
#okxideas
EURCHF | could be a good sell boys👉EURCHF @0.9836~ SELL
📍 SL - 0.9896
💰 TP1 - 0.9816
💰 TP2 - 0.9776
💰 TP3 - 0.9676
Hey everyone I believe EURCHF will drop we are currently in a triangle pattern and should be able to break it and re-test the previous bottom level, if broken then we will aim for higher timeframe trend, if that breaks tp3. 😊📈
WATCH OUT FOR NEXT IMPULSEIn this analysis price made a double bottom before impulse On the dollar index price reverse up and now what we want to see the dollar price do is we need to see a continuation correction pattern to continue the trend. Note we are at the impulsive phase of the price we need more correction development to ride the trend.
I'm gonna share my Outlook on XXXUSD pairs like AUDUSD, EURUSD, GBPUSD soon and also my bias.
Do well to like,it helps with the algorithm
Thanks for reading
Trade safe and stay safe. Remember to show some love.
xagusd (silver) could be a good re-test for a buy? Hey everyone I believe silver could be a good trade a nice little 1h channel moving up, 4h trend up is also a good positive sign, recent bullish engulfing candlestick on the 4h confirms bullish bias, I believe a re-test of the top is likely, we also have 1h 200 moving average covering our stoploss, which even if it pullsback is likely to react and find bullish pressure once again. 😊 🚀
usdjpy could be a good buying opportunity📌 Potential BUY setup for USDJPY
👨💻 Technical: A lot of bullish momentum, weekly down, however, all other timeframes are moving up, recent daily break of moving averages suggests a further push to the upside.
🎯 For an ideal entry: There is a good chance that this trade would have a retracement back towards the moving averages before continuing further bullish pressure, so waiting might be an ideal entry at candlestick confirmation, giving you a better risk-reward in the long run.
Fomo Buyers + News Correction of Unemployment & PPI Data 🎢You may observe rejection of 1.1057 Weekly Level as mentioned in prev post. Very good sell opportunities as we rejected the weekly level and Fomo buyers were caught off guard. The American consumer is struggling and can be observed by retail sales data. We had a 7am Continuation when consumer sentiment was released , acting as a catalyst to continue momentum of the already established direction as we rejected 1.1057 weekly level as big buyers TP above 1.103 extreme prices.
We would prefer to See the Daily candle to close below 1.0988 for Sells to continue. For Buyers we maintain an overall bullish trend if we hold above 1.0988. We do see some very large engulfing candles on the 4Hr on EU here. That is why I'm looking for some sort of continuation to the lows as we walk into the weekend and the open on Sunday. I think DXY bulls are on to something here but it is CPI week and the weekly candle is closing bullish. I would like to be proven wrong early in week next week like Sunday/Monday for more buys back up to 1.1057 and higher.
USDJPY short term ideaHere you see a short term idea on USDJPY based on our most recent shift in the market, now this idea is not our overall bias for this pair but an idea that could offer a short term trade.
of course if we break pas this area of supply shown we are watching the range to play us higher into the supply from our 8 hour swing, if we do play lower from the area shown then il be looking to take a low entry trade into some of our unmitigated price action below.
not holding my breath for this one but thought it was worth a share for any eagle eyed traders at market open.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
buying an $ID for the short term seems risky In the current state, buying an AMEX:ID for the short term seems risky to me. If there is a pullback to the yellow zone and the overall market conditions are good, it could be a suitable entry point. However, if the market conditions are not favorable, it may act like that red arrow
DXY (US-Dollar Index) IdeaHey whats up community.
Thats my personal view of the DXY chart. We respected our demand zone and shifted Structure on H4 timeframe. so follow the order flow. We have a nice supply level above the liquidity until there we can look for dollar longs. Which means automatically EU GU AU NU shorts.
Have a nice trading week.
Gold trading idea big moveHi, after we defined the first buy wave of the gold with over 400 pips we manually closed the positions because we're about to see a big move down again :
we're scaliping buy/sell until 2037 where the big sell trades should take place we'll continue selling for the rest of today and friday london session if we get to 1970 by the Nyse session we'll close all and get back to buy position.
Be carefull the market will move fast during this couple days.
GOLD trading ideaHI.
Here's the next days Gold Map :
after the big move up we're expecting the gold to continue with a smal wave until 2042 levels then start shorting gold until 1986 where it is going to retest our broken triangle
then start big buys operations pay attention to the quick moves down to hit your Stops ! make sure you have good stop lossat least 5 dollars.
we expect the gold to respect the secondary up trend lineuntil 2176 it may accelerate and it may also goes slow it will depend on the market conditions but one thing is sure the gold is not yet to sell for the upcoming days.
trade safe and good luck to everyone!