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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!
by forex_with_quality
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
by TheSignalyst
15
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.
TVC:DXYLong
by REAL_CRYPTO_VIC
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.
Long
by FX-TradingLions
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.
Short
by ShrewdCatfx
2
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!
by PipSurfingSociety
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!
TVC:GOLD
by TRADER360DRISS
Why do most traders end up losing moneyThis question is quite scary, but if you are a novice and see this question, congratulations, you are on the right path of trading. The most important lesson to learn before entering the financial markets is risk expectation. You can ask yourself, how much money do you want to make from trading? Is your goal asset appreciation, or a small fortune? If a trade loses money, will it affect your own life? Is your own character able to stop losses in time, or do you have no self-control? After asking these questions, we decide whether to enter the financial market. So why do the vast majority of traders lose money? 1. Because of the particularity of the financial market. I believe that many friends have heard of the 28 rule. For example, in the distribution of wealth in our society, 20% of people control 80% of social wealth; 20% of people will persist in encountering difficulties, and 80% of people will give up when encountering difficulties. The rule of 28 is ubiquitous in life, and it also determines what kind of people will succeed and what kind of people will fail. As for the financial market, it is crueler than real life, because there are no rules in this market, only human nature, so the financial market even surpasses the rule of 28, and less than 10% of people may make profits. In the face of money, most people want to make a big fortune with a small amount, and want to turn around by trading, so those who have stable personalities, strong self-control, low income expectations, and money in their hands are silently harvesting these people who are eager for quick success. Some people may say that the world is inherently unfair, and those who hold funds can only survive because of the capital. Actually no. We Xiaosan hold small funds, and we can achieve low return expectations, or we can do it slowly, but how many people are just anxious to make money? Just want to make a big difference with a small one? Just don’t regard money as money, and think it’s a big deal to take a gamble, and if it’s gone, it’s gone? So it has nothing to do with the amount of capital, but has something to do with people. In financial markets, human nature is the rule. 2. Too many people are dominated by human nature. As I said before, there are no rules in the financial market, and human nature is the rule. Trading is a very anti-human thing. Human nature is greedy for comfort, averse to risk, afraid of losing, feeling that one's level is higher than others, hating giving and learning, impatient, etc., which will be infinitely magnified in trading. There is a saying in the trading industry that trading can be profitable, mentality accounts for 70%, and technology accounts for 30%. In actual combat, it seems that it is not difficult for traders to see the market correctly, but it is very difficult to complete this wave of market and make profits. Why? I give two examples. For example, the problem of stop loss in trading. Seeking advantages and avoiding disadvantages is a characteristic of human nature, unwillingness to lose, unwilling to accept losses, this is human self-protection awareness. Stopping losses in the wrong direction means losing our real money, who can bear it? So in actual combat, many people rationally know that the direction is wrong, but they just don't stop losses, and even increase their positions against the trend, floating orders, allowing the stop loss to become bigger and bigger, and finally lead to serious losses. Another example is the profitable position in the transaction. The market trend always fluctuates upwards, or fluctuates downwards, and profit taking in positions is often encountered. Once profits are withdrawn, we will have a sense of insecurity in our hearts, worrying about the reversal of the market and losing profits. This insecurity is also due to human nature. Even if we rationally know that the profit target has not yet been reached, we should continue to hold positions, but the little emotion of longing for peace of mind has been tormenting us, and in the end we couldn't help but close the position, and made a lot of less money. We comfort ourselves that it is all right, at least there is no loss. But in fact, less earning = loss, because the amount you lose next time will be greater than the money you earn. In the long run, your overall loss will be. There are many such examples, such as betting on the market, heavy trading, unwillingness to admit defeat, stop loss leading to liquidation, etc., are all caused by the aversion to loss in human nature and the fear of failure. In fact, if we look at the trading market 100 years ago, it is basically the same as the current human nature problem. The weakness of human nature is very strong, and it is also the main reason why traders lose money. So at the beginning, I asked everyone to ask themselves those questions, just to let everyone understand their own personality, their current situation, and their human nature, so as to help you win certain opportunities in the trading market. Trading is like a free game. It seems that the threshold is low and no money is required, but in fact some hidden costs are contained in it, and the human nature is clearly played for you. Therefore, before making a transaction, you must have an existing risk expectation, and then think about making money.
FOREXCOM:XAUUSDEducation
by CheetahAttack