Get started

IDEA

Believe in the Gods! -->🔱--< But do not count on them for help Dollar Bulls Take the Win? We have dropped below our Last Daily Zone at 1.09219. I have been talking about dollar bulls Since we had FOMC data coincide with our extreme highs at 1.1095. A Coincidence? I thought this may be Suspicious! And it turned out that way. That was a good tell for the beginning of this descent. FOMC was last Wednesday and dollar bulls have blessed swing traders with 190 Pips in 1 Week. Everyone says EU is Weak in comparison to the # of pips it gives to most other pairs... It Doesn't give that much , heh 😉. It Respects level's very nicely! Very clean price actionnn. From a Technical Standpoint.. As Long as we stay below 1.09211, only sells for the rest of week. The Price I like are 1.0897 as the next Pit stop. Ultimately with Friday's daily candle I'm liking 1.0866 Weekly Level as mentioned in previous publishing's. Also I like the Daily level just beyond that at 1.08535. As long as NY and our last remaining 4Hr Candle prints below 1.09219, Sells are fantastic. I would prefer that we waste no time and close below 1.09112 4Hr zone. Trading : Trading today went quite well. Looking at my data.. my Thursdays are typically good. --<< I've seen that remark impact my trading psychology before. The brain is a wonder. Managing trading psychology is a large part of trading. Given that I am profitable, I still cut my winners a bit short sometimes. Why? Out of Fear. Complicated.. But for now we must stay consistent and discplined to the system. the trading plan. 3 Setups today.. The First one I ran because i was scared and closed for B.E. It would've been a nice +5 Pip scalp. The Second was a great. Just closed a little early. The third was a great! Closed a little early once again. I can complain because green is green. Profit is profit and we must learn and move onto the next day. On Thursday's.. 1. The Market sets itself up early in the week. By the time Thursday comes around, the weekly candle is ready to extend itself in the preceding direction from Monday/Tuesday Etc. 2. New and Struggling Traders are Tired and Exhausted from trading since Monday. They begin to make mistakes and become sloppy with their execution. Leading to larger losses than are necessary. I have been there.
Short
by ShrewdCatfx
EURO/USD price is below 20, 50, & 100 EMA Currently Euro/usd price is below 20, 50 & 100 Exponential Moving Average which indicates the chances for short in 4 hours time frame, further today news for Core PPI and Fomc may direct the market for a long term momentum in short. The US Dollar (USD) is the world’s dominant currency and the Euro (EUR) is the second most-traded. As a result, business in EUR/USD accounts for almost a quarter of trading in global foreign exchange markets according to the BIS triennial report, which covers institutional trading. EUR/USD is a highly liquid pair.
Short
by OrkEye
EURUSD | could potentially sink down furtherHey Traders! NFP came out positive for the US dollar we saw some bearish pressure, althought we are currently on a bullish channel, I believe we might re-test lower maybe the previous area of support which is around a 30-40 pip move to the downside, then we have 200 moving average that is about 50 pips away, if all this is broken then we might see a higher timeframe bearish continuation starting to happen which could take this trade much lower. Overall this is a pullback trade, so these tend to be a lot riskier, its also friday so the lack of volatility might not take this trade anywhere, maybe even a pullback back to the moving averages, and only next week we might see this trade develop further.
Short
by FX-TradingLions
My today idea of Gold's possible moves 03052023Gold prices jumped, achieving significant gains during the previous trading session, recording its highest level of HKEX:2019 per ounce. Technically, and by looking at the 4-hour chart, we find that gold prices liberated from the symmetrical resistance triangle we referred to during the previous analysis. We find that the simple moving averages continue to support the bullish daily curve of prices and are stimulated by the positive signals of the relative strength index on the short time frames short. Therefore, the possibility of resuming the rise may be present during today’s session, knowing that confirming the breach of 2020 increases and accelerates the strength of the bullish daily trend, opening the door for 2030 initial stations, whose goals may extend later towards 2045 expected stations. Activating the suggested bullish scenario depends on the stability of daily trading above the 1989 support level, and the return of trading stability below it will stop the suggested scenario and lead gold prices to return to the corrective downward path, with an initial target of 1963. Note: Today, we are awaiting high-impact economic data issued by the US economy, “change in private sector jobs, services PMI, interest rate, Federal Reserve Committee statement and Federal Reserve press conference”, and we may witness high volatility at the time of news release.
OANDA:XAUUSD
by nasirdxb
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. . . . So go read a book, do some exercise or whatever, just don't push yourselfer.
Education
by EQDailytrading
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