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GOLD Trades Idea for Friday 03 May 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 03 May 2024 SELL LIMIT Order: $2310.86 Stop Loss: $2326.77 Take Profit 1: $2295.21 Take Profit 2: $2274.40 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 01 May 2024 Our 01 May trade managed to hit take profit 1! I shifted stop loss to break even and I'm running risk-free trade! Trade Review For 02 May 2024 We trigger our second trade while taking profit for the previous trade but it has yet to hit either take profit 1 or stop loss. Let's continue to hold! May 2024 Trade Results P&L for the month: +0.5R 01 May: +0.5R 02 May: Running The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R April: -7.75R
OANDA:XAUUSDShort
by Barry_Games_Trading
GOLD Trades Idea for Thursday 02 May 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 02 May 2024 BUY LIMIT Order: $2299.54 Stop Loss: $2281.43 Take Profit 1: $2317.40 Take Profit 2: $2341.15 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 01 May 2024 Our limit order was triggered last night based on the US market data. We'll maintain this trade until either the stop loss or the first profit level has been reached! May 2024 Trade Results P&L for the month: 0R 01 May: Pending The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R April: -7.75R
OANDA:XAUUSDLong
by Barry_Games_Trading
Bitcoin (BTC) Price Analysis: Preparing for the Bearish AbyssIn this technical forecast, we delve into the darker recesses of Bitcoin's potential price journey. We observe a concerning configuration on the BTCUSD chart where the currency is currently grappling with critical support levels. Current Dynamics: The price has recently retracted from a peak, teasing the possibility of a significant downtrend. A descending channel formation can be seen, indicating a tightening bearish grip on the market momentum. Worst Case Trajectory: Should the price break below the sturdy support zone, indicated by the green rectangle, we may see an accelerated drop. The price could tumble toward the lower boundary of the channel, a line that has historically acted as a gravitational pull during bearish trends. Key Levels to Watch: Immediate support resides within the green rectangle zone. If this fails, the descent could be sharp and unforgiving. Further support is hypothesized by the extended yellow trend lines, outlining a worst case range that could spell distress for bulls. Projected Pathways: The worst case scenario envisions a stark descent, followed by a period of consolidation below the current support. A relief rally might attempt to reclaim lost ground, but the overarching trajectory remains bleak in this hypothesis. Conclusion: While we must tread with caution, preparing for a bearish eventuality is prudent. Investors and traders should brace for volatility and consider the historical behavior of the market during similar patterns. Vigilance is key as we watch for potential support breaches that could confirm this grim forecast.
BYBIT:BTCUSD.PShort
by Oak_the_trader
2
Gold Falls As US Dollar Rises On Strong Core PCE InflationGolden Dilemma: The rate of the yellow steel has fallen from its excessive as US Dollar`s restoration pushed with the aid of using increased US middle PCE inflation information, placing strain at the cost of gold. The annual underlying inflation information rose at a better tempo of 2.7% from the estimates of 2.6% however decelerated from 2.8% recorded in February. Stronger-than-anticipated figures hose down Gold`s charm with the aid of using lowering the chance of Federal Reserve charge cuts in the approaching September economic coverage meeting. The month-to-month underlying inflation information met expectations, last steady with the preceding studying of 0.3%. This state of affairs favors bond yields and the United States Dollar. * Technical Breakout: Gold fee changed into traded decrease following previous retracement from the resistance stage 2335.00. MACD which illustrate diminishing bullish momentum sign endorse the commodity to possibly expand its retracement. * Resistance and Targets: If the bearish momentum persists, there`s a robust probability that the fee will probably head in the direction of 2270.00. Conversely, a breach lower back above the extent 2335.00 might endorse a fashion continuation and probably head in the direction of 2400.50 stage. Understand how technical evaluation let you on this buying and selling opportunity.
OANDA:XAUUSD
by NicoTradingMaster
Trades Idea for Wednesday 01 May 2024Happy Holiday in Singapore DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 01 May 2024 SELL LIMIT Order: $2316.86 Stop Loss: $2336.66 Take Profit 1: $2297.30 Take Profit 2: $2271.30 Risk per trade: 0.5%. MT4/5 trade expiration: Today 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 1x SELL LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 30 April 2023 Our limit order almost triggered in, we could have won a full trade with +1.6x! Nonetheless, at least our direction bias was correct. Let's try again tomorrow! May 2024 Trade Results P&L for the month: 0R 01 May: Pending The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDShort
by Barry_Games_Trading
Trades Idea for Tuesday 30 April 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 30 April 2024 SELL LIMIT Order: $2336.52 Stop Loss: $2347.08 Take Profit 1: $2326.21 Take Profit 2: $2312.50 Risk per trade: 0.5%. MT4/5 trade expiration: Today 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 1x SELL LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 29 April 2023 We have another partial win! but it hit my stop loss at breakeven before going back down again. Let's hope to get a full win next time! April 2024 Trade Results P&L for the month: -7.75R 02 April no.1: +1.25R 04 April no.1: +0.5R 05 April no.1: -1R 05 April no.2: -1R 10 April no.1: -1R 10 April no.2: -1R 11 April no.1: -1R 11 April no.2: -1R 12 April no.1: -1R 12 April no.2: -1R 15 April no.2: 1.5R 17 April no.1: -1R 17 April no.2: -1R 18 April no.1: -1R 18 April no.2: -1R 25 April: +0.5R 29 April: +0.5R The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDShort
by Barry_Games_Trading
Trades Idea for Monday 29 April 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 29 April 2024 SELL LIMIT Order: $2342.60 Stop Loss: $2352.89 Take Profit 1: $2332.57 Take Profit 2: $2319.22 Risk per trade: 0.5%. MT4/5 trade expiration: Today 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 1x SELL LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 26 April 2023 Although our direction bias was correct, the price went further up and did not trigger in our limit order. Let's try again tomorrow! April 2024 Trade Results P&L for the month: -8.25R 02 April no.1: +1.25R 04 April no.1: +0.5R 05 April no.1: -1R 05 April no.2: -1R 10 April no.1: -1R 10 April no.2: -1R 11 April no.1: -1R 11 April no.2: -1R 12 April no.1: -1R 12 April no.2: -1R 15 April no.2: 1.5R 17 April no.1: -1R 17 April no.2: -1R 18 April no.1: -1R 18 April no.2: -1R 25 April: +0.5R The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDShort
by Barry_Games_Trading
Long Idea on $USTC this coin is very cleverly manipulated, it's hard to tell when it's down or up. In my opinion, the point of cancellation is the base of the pump from 0.015 or 0.0018 if we go lower, not very good. if it holds as now, then only long. I know the risk, the profit is big, but the stop is very wide, keep this in mind when entering with a big shoulder. Optimally, 1x is the amount that can be lost in any case. There is a chance that this coin will be 1$ and this is even more profit. From the technical side, the instrument had an accumulation that lasted 1.5 years (that's a lot). Another disclaimer: I don't know how it will be, this is purely my opinion
Long
by MyTechNAz
1
Trades Idea for Friday 26 April 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 26 April 2024 BUY LIMIT Order: $2320.27 Stop Loss: $2304.78 Take Profit 1: $2335.51 Take Profit 2: $2355.78 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out. Reason The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 25 April 2023 Thanks to the US market data, we successfully hit our first take profit target! However, the price retraced to our breakeven point, leading us to close the trade with a modest profit of 0.5R. This trade represents a positive step towards recovering from previous losses. April 2024 Trade Results P&L for the month: -8.25R 02 April no.1: +1.25R 04 April no.1: +0.5R 05 April no.1: -1R 05 April no.2: -1R 10 April no.1: -1R 10 April no.2: -1R 11 April no.1: -1R 11 April no.2: -1R 12 April no.1: -1R 12 April no.2: -1R 15 April no.2: 1.5R 17 April no.1: -1R 17 April no.2: -1R 18 April no.1: -1R 18 April no.2: -1R 25 April: +0.5R The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDLong
by Barry_Games_Trading
Bullish Euro data and Hawkish Fedspeak sends EU higherHello traders.. Ever Since April 16th we can observe a pullback on Eurusd. We recieved bullish fedspeak on April 16th, as Chairman Powell mentioned the recent interest rate hike intervention is not having it's intended affect. The jobs market is hot but the real issue is 2 consecutive months of increasing inflation. This issue may cause interest rates to remain high or even increase in due time to slow down the economy. We've seen a slight change in sentiment as the Dollar index has been ranging and selling off since this announcement. Possibly because the market is pricing in another (Risk-On) Interest rate increase by the Fed at the next meeting. This is causing market participants to put money into other asset classes that may offer a better return. It's not going into gold since gold is down 3% since the statement.. gold is a Risk-Off and safe haven asset class and one may expect this. It is neither going into Oil, as Oil is down 3.07% since the statement. Definitely not the stock indices, Nasdaq for example is down 2.23% since the statement. Maybe some of it is going into Bonds as the 10Yr Yield is down .5% since the statement. More has gone into Bitcoin, as it is up 2.74% since the statement. Moreso, the monies that have been flowing out of the USD since the announcement appear to be going Risk-On currencies. The Aud/Usd pair is up 1.45% since the announcement.. The NZD/USD pair is up .90% since the announcement.. Now we sort of see where the flow is going. Moving forward with EU, it is possible we may continue to pullback with this current Risk-On currencies market sentiment. This next daily candle is contending with the new daily resistance level, 1.07. These are my favorite levels in the short term here.
Long
by ShrewdCatfx
1
Trades Idea for Thursday 25 April 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 25 April 2024 SELL LIMIT Order: $2327.62 Stop Loss: $2337.64 Take Profit 1: $2317.85 Take Profit 2: $2304.86 Risk per trade: 0.5%. MT4/5 trade expiration: Today 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 1x SELL LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 24 April The price did not retrace far enough to our limit order. Let's try again tomorrow. April 2024 Trade Results P&L for the month: -8.75R 02 April no.1: +1.25R 04 April no.1: +0.5R 05 April no.1: -1R 05 April no.2: -1R 10 April no.1: -1R 10 April no.2: -1R 11 April no.1: -1R 11 April no.2: -1R 12 April no.1: -1R 12 April no.2: -1R 15 April no.2: 1.5R 17 April no.1: -1R 17 April no.2: -1R 18 April no.1: -1R 18 April no.2: -1R The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDShort
by Barry_Games_Trading
Back Again Premium Gold Idea $$$XAU/USD, gold/US dollar, is showing signs of a potential drop in day trading. Technical indicators point to a bearish outlook, with the 50-day moving average crossing below the 200-day moving average and the RSI indicating overbought conditions. The US dollar's strength and the Federal Reserve's hawkish stance are pressuring gold prices. Day traders can consider shorting XAU/USD at key resistance levels, setting stop-loss orders, and staying informed on economic data and geopolitical events. Overall, XAU/USD is likely to drop in the short term, providing trading opportunities for those prepared to act. Entry: 2309.12 SL: 2314.72 TP1: 2298.87 #signal #xauusd #gold #TradeGod #daytrading #forex Like share and comment for more Trade God out
OANDA:XAUUSD
by TradeGod003
6
$SQTUSDT - Swings for the patient brainDon't expect of keeping on the upstairs moving of such upward race for BYBIT:SQTUSDT , which we are watching for during last months. Waiting for correction until 0.026 approx before time to buy comes. Idea is to multiply input for 4 times in a month. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view )
Long
by furoreggs
GBPCAD → Trade Analysis | SELL SetupHello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
3
USD strength on Fear surrounding Israel Airstrikes 🗒️Hello traders.. Unfortunately, as War Conflict continues in the Middle east, the USD is feeding on the Fear and Uncertainty by acting as a safe haven during the final Asian session of the week. Earlier & During NY today, roughly 20 minutes before NYSE open, at price 1.06638, I created an update to our previous EurUsd Analysis. I mentioned that price may instead be retracing back towards 1.06345. The reasons were clean traffic to the left on the 1hr/4hr, the bearish 4hr candle close(that engulfed the 3 previous 4hr candles), 1hr resistance zone 1.06855 was respected during London Open, and most importantly perhaps was that we created a bearish scenario for a selloff prior to it occuring--> price may close below 1.0669 1hr support zone & do a retest before heading down. This is exactly the scenario that played out. Now here we find oursleves back at the lows of structure and the weekly candle is about break even. No news for the remianing sessions. Anticpating some clean price action to end the week.. Where? Bears need to get past the daily support level at 1.06184 and I dont see that happening tbh bc no red folder data. I can see us ranging and being choppy on this friday so beware. We may increase back to 1.0605 1hr resistance zone for a bullish scenario
by ShrewdCatfx
1
GBPJPY Higher after JPY fundamentals ChangeWe may observe that GBPJPY has hit it's head several times at 192.803 and has failed to break above this level. All week we've been ranging after moving slightly up early in the week. Price wants to go up and since the Bank of Japan recently increased interest rates for the first time in many years, we may very well anticipate a continued trend on GBPJPY to the upside. This is a rare occasion when buying around the highs has less risk due to the fundamentals. When a market touches a zone and returns this many times, the zone will eventually breakdown. 193.313 Daily zone and monthly zone 193.639 are our bullish targets for GBPJPY. At our monthly zone we may anticipate alot of profit taking and a steep pullback to clear liquidity. Price appears to be forming support at the Daily Level now(192.355) on this thursday NY session, April 18th 24'
Long
by ShrewdCatfx
$TCSG has power to rocket start to the moon MOEX:TCSG turned 180 degrees. and looking to the moon. My expectation, that shot will be a very sharp within just some months. In addition. in my view. this will show the first step only in the sequence of the next step-up. Potential is more than 7000 for the long-term (year or more). MOEX:TCSG ::2723->3600->4300::59%::Jul-Aug 2023 Does not constitute a recommendation. #investing #stocks #idea #forecast #furoreggs Please, subscribe and challenge my point of view )
RUS:TLong
by furoreggs
5