IDEA
Study Sunday: Why I took this Gold Trade (1H/15m)I usually just review my trades privately but today I figured why not share if it helps someone else, or maybe someone has input that can help me too. The video is basically me reviewing a trade i took this week on gold (sept 22), and why i took it. I like to draw the candles out myself to consciously think about where price moves relative to the candles around it, then when i watch the charts I have a more intuitive feeling of how candles form and move and I know what I am looking for. I dunno if that makes sense or it is just a thing i do lol
But here is another thought i have been thinking about recently regarding trading: I think that when you are trying to learn to be a profitable trader, it is valuable to keep your plan as simple as possible. And then build on it, and reshape it as you learn. But build slowly as you learn new lessons so you have a strong foundation. I see so many people that are in a rush, and that will only make you feel overwhelmed and eventually fail. I think it is especially difficult with trading because there is so much information out there and lots of people apply different strategies and have different opinions. It can be attractive to jump from one strategy to another if you feel like what you are trying is not working. And of course there are times when you must drop an idea to test another. But you should be doing so objectively and not emotionally. You should be able to measure the changes empirically as you make them. So that in the long run you build a trading plan that makes sense to you; that is the only way you will truly have confidence with trading. And you need confidence to grow an account because you will be risking a lot more with your future trades.
INJ to 2 dolars soon.On 1h chart we can see clearly we didnt seen the top yet, volume is high but can be higher, that red boxes are good places to scalp short (this are orders blocks wchich is in the same place as high volume points). Thiis big box wchich is around 2 dolars should be our short term target.
BTC mid term analysisbtc is in 5th Elliot wave and if we broke the support at 17k approximately then we can see a drop down to major support level in coming days which is at 11k approximately,
lets see what happens next,
and it is not any financial advice it is just an idea about bitcoin next move,
follow me for see new ideas in future,
GBPUSD forecast and idea✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
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✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed, and ask any questions about chart analysis.
Thanks for your attention
Yes ChefTattooed Chef
Short Term
We look to Buy at 6.05 (stop at 5.72)
Preferred trade is to buy on dips. 6.00 has been pivotal. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Previous support located at 6.00. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 7.38 and 7.64
Resistance: 7.60 / 8.33 / 8.62
Support: 6.00 / 5.00 / 4.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Gold showing bullish strength — 5907 pip potential.Here's my idea for gold. Basically I'm looking for a reversal because it's currently showing the right signs for buys. It broke above trend line with momentum and a slow pullback. If it breaks above the other trend line made from pullback then we'll have a great chance of continuation to the upside.
EUR GBP SHORT IDEA 18.09Dear trader,
I leave you a little description of my technical analysis about eur/gbp for the next swing period cause I think the zone where we now are is a good bearish opportunity. Why?
In weekly timeframe we in a Range, the price is about at the medium level of the range, in Daily tf we can see the bearish resistance upside and the momentum we had in the last week was powerful bullish, that means interest. Interest from the bigs to catch the price or to take the best price movement.
Intuitive trading: I ask my self where I would more like inclined to sell.
I look at the past, I saw on 4 Feb 2021 a Bearish engulfing breaking 0.87850, where we now are.
Again, the bearish momentum caused by institutional on that date, possibly are ready for the next bearish move, cause the large amount of liquidity with which they broke the level 0.87850.
Let now see this week how it ll go after major news we have about eur and gbp and waiting for structure confirmation in lower time frames (H1/30m/15m).
Worst case scenario: Bullish tp 0.89200, aka the next liquidity point $
And if you ask yourself why you can't see well the candles in my analysis, is because to read the market you need to know where the liquidity is.
Have a great week.
Ian
GOLD Today's Next Move H1 Chart 16-Sep-2022 Moving in a small CHGold is now oversold and waiting for buying volume. Today We are expecting a Buying and Selling both in this small channel.
1st Buy is running in Profit and we are waiting for short Sell till 1645-40 and will buy on the reversal in this same Range.
Support me if you like my Work.
Best Regards,
Muhammad Raheel Khan
Forex Pharmacy
EURUSD short term consolidation trade ideasPrice on EURUSD has been very quiet over the last couple days.. we are sitting around an obvious support and resistance just traveling sideways, as you can see I've have two areas ill be looking at trades from. Ill look for intra-day shorts off the resistance and buys off the support (highlighted buy zone).
GBPJPY NEXT MOVES!So I believe we will see two options either price is just retracing for a long term push up or we are going to see a possible reversal right shoulder for short trades. 166.100 is the area ill be waiting for shorts from otherwise I may look at possible longs if price can reject 165 once more!
US 30: Intraday Technical AnalysisThe US30 continued its upward momentum on the first day of the week. The index opened at 32245 and closed at 32450 with an intraday high of 32526 and intraday low of 32139. The index is continuously moving in an upside direction with low volumes in a hope that the US inflation data will continue to improve and maintain the industry expectation. The bears are waiting for the data to make an entry. Therefore currently all sellers are out of the market. My idea is that the US30 will make a sharp move towards upside in an attempt to break 33000.technically the US30 is at a strong trend line which is coming from the recent high of 34000. If this trendline is broken towards upside and sustained then our next entry for short will be at 34000. From where it will get rejection and then it will change its course towards downside in order to adjust itself before the interest rate announcement due at the end of this month. My target is going short on all key levels with initial target of 31500 and final target of 31000.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
BTCUSDT - potential setupsBINANCE:BTCUSDT
Hello everyone!
🛎 Let check the trading idea for BTCUSDT
🤗 Not making anything difficult everything is pretty straightforward.
👉 1. Price goes ABOVE the selected range on the picture. Long positions to activate. 🟢
👉 2. Price goes BELOW the selected range. below. Short positions to activate. 🔴
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⚠️ Important Notes:
1. Always follow your trading plan regarding entry, risk management, and trade management. ❗️❗️❗️
2. Timeframes: up to H4
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AUDUSD NICE SHORT OPPORTUNITYLooking for price to reject the top of this little consolidation zone once more and hopefully see price make a move to the downside to continue the overall direction. If we see price break to out to the downside from this consolidation zone soon I will also look for a position.