UK100 long is valid ↗️✅Morning traders we start the week with an UK100 trade.
Trade details for current trade are shown on the chart.
Trade has been live since 7:15 UK time and we are using our POW reversal script.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue long arrow is entry point and purple line is stop loss.
Previous trades can also be seen on chart.
Trade history can be seen at the foot of this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
Indextrading
S&P500: Rocket Science! 🚀🚀🚀It IS rocket science when we are analyzing the S&P500 and where it is about to go, because this thing is literally a rocket! We expect it to rise to areas above 4549 points. After a small correction, we expect it to extend new all-time highs above 4620 points.
Happy weekend!
Nasdaq: Off We Go! It was a long correction, but it is finally over – at least that is what we think. Now, it is time for the tech index to gain its old strength and push for new all-time highs.
You can do it, Nas!
I'm in a UK100 short 📉🙌Trade details for current trade are shown on the chart.
We are working the 15M time frame on this strategy.
Trade has been live since 2:45 UK time.
We're looking for the green line which is take profit target.
Little red short arrow is entry point and purple line is stop loss.
Previous trades can also be seen on chart.
Both were long trades one hit SL and one hit TP.
This trade is in slight draw down at time of writing but I trust my plan so lets see how this trade plays out.
Trade history can be seen at the foot of this trade idea too for full transparency.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
I'll follow this trade now until TP is achieved, a new trade presents or stop loss is hit.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
NIFTY VIEWNifty having multiple support zones as marked.
Look for reversal near these zones.
Short only below 17000
BANK NIFTY VIEW2 VIEWS ON BANK NIFTY
Bounce Back from 37000 (PRICE ACTION TO CONFIRM) for 37500/38000
SHORT BELOW 36900/850 for Target of 36500
Trade with Strict SL as INDIA VIX is rising.
DAX: The Sun is Rising! 🌅🌅🌅Currently, we expect the DAX is going to rise and leave the low of wave 2 in green behind. It is important that the course is surging past 16024 points. From there, we have plenty of room to further increase to regions around 16500 points. However, the DAX must remain above 14998 points.
Happy trading!
UK100 long is valid Trade details for current trade are shown on the chart.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue long arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
Previous two trades can also be seen on chart.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
Nasdaq: Next Correction! 🛸🛸🛸The correction is still not over yet. We expect the Nasdaq to decline further until around 14656 points, where a turnaround should set in. Then, new all-time highs should be coming soon!
Let’s wait and see!
UK100 long opportunity 😊As promised my alarm was set for this one.
Can it go three out of three for the week?
Trade details for current trade are shown on the chart.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue long arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
Who trades indices 🙋♂️ UK100 looking for two out two. Trade details for current trade are shown on the chart.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue long arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
Second trade of the day for this strategy and looking to go two out of two.
My alarm is set for the next trade and if around i'll share it for all you index traders out there.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
Banknifty impulsive moveBanknifty saw a super trending move in today's session.
It opened a gap up
Formed Bull candle in the first trading hour, usually, first-hour price movement sets the tone for the whole day and bingo banknifty saw trending candles all throughout the day.
Now, it closed near the Highs, from where we saw a sharp correction in Feb 2021, thus this area might again serve as resistance, and bank nifty might go sideways or correct a little bit from here.
Though the structure is good on all the timeframe, hence sustaining imp support levels, any correction if comes, would get utilized in fresh buying.
Immediate support for swing traders is around 36470.
The hourly chart gives support around 36860-36830
Rsi is overbought hourly, any sharp correction may come, which might scare late jumpers in the index, hence always trade with a plan
DAX: Landing Pad! 🚁🚁🚁For the DAX, we expect that the course will come back and reach the trading zone for a second time. Then, the course should have enough power to push through the resistance at 16024 points and further increase past 16900 points.
Keep trading!
Nasdaq: Please, Come Back! 🤒🤒🤒The latest decline should only be of temporary nature. We stick to our prediction that the Nasdaq will increase again soon. In total, we expect the course to rise to regions around 15941 points. There, a correction should pull the course below 15517 points.
Don’t panic!
S&P500: Cooling Off Period! 🥶🥶🥶It is almost over with the S&P’s great run. Our expectation centers around the view that there will be a corrective movement coming it at around 4558 points. Once the course drops to around 4452 points, there will be new opportunities to enter the market.
Happy weekend!
Nasdaq: Weekend Time! 🎆🎆🎆We expect the Nasdaq to continue its corrective movement and reach an area around 15139 points, followed by an upward move towards 15606 points. It is important that the course does not fall below 14851 points.
See you next week!
DAX: Here Comes the BOOM! ☄️☄️☄️ The German DAX is set to enter the yellow trading zone. We expect the DAX to fall between 15530 – 15140 points, before starting another bullish rally. However, until then, it needs to stay away from the resistance at 16024 points.
Be prepared!
Dow: Turnaround Ahead! 🤠🤠🤠We interpret the current downtrend of the Dow Jones as a temporary correction. The turnaround area should be around 34358 points, which we are about to reach. However, there is still plenty of room on the downside. In total, the Dow should fall to 33623 points at max. Below that line, we will face bigger corrective patterns.
Waiting is key!
Nasdaq: Let’s Do This! 👻 👻 👻 Although the Nasdaq has been quiet lately, there is still much potential for another run! We expect the course to move further up and reach the zone around 15644 points, where a larger correction should await us. 14849 points are the mark under which the Nasdaq should not fall now.
Happy trading!
S&P 500 The trend is not stoppingHello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
A Bullish trend started in November where the SPX index started moving up in an Ascending Channel and the trend kept giving Bullish signals where we kept getting higher highs and higher lows.
The S&P 500 jumped to record closes for a third straight day on Thursday, with mega-cap technology stocks driving the market higher as investors warmed to jobs data showing a steady U.S. economic recovery.
The index price is still not showing any signs of weakness and most likely the Index movement for the next period of time will be like this :
Scenario 1 :
The Index price is at 4429.29 trendings near the first resistance level at 4460.08 and it's gonna try to breakout of that resistance line if the Bulls were able to keep control then we could be seeing the S&P going even further and hitting the resistance levels at 4483.64 or even 4527.08.
Scenario 2 :
If the bulls try to make a move now then we will see a drop in the price that's gonna be headed to near the first support line at 4393.08, where the Bulls and the Bears will battle over control of the trend, The bulls are most likely to win since we have no signs of a reversal yet and the result will bounce the price back up to near the resistance level at 4460.08.
Technical indicators are showing this :
1) The S&P 500 index is trending above the 5 10 20 50 100 and 200 MA and EMA (Bullish Sign)
2) The MACD is above the 0 line showing that the market is in a Bullish state, With a positive crossover between The MACD line and The Signal line.
3) The STOCH is in the overbought zone and has been trending there for the last 10 days, With a positive crossover between %K (98.94) and %D (95.92).
4) The Ultimate Oscillator is at 63.704 giving a Bullish sign
Support & Resistance points :
support Resistance
1) 4393.08 1) 4460.08
2) 4349.64 2) 4483.64
3) 4326.08 3) 4527.08
Fundamental point of view :
The IGCS gauge (IG Client Sentiment Report) implies that 31% of retail investors are net-long the S&P 500. Upside exposure has increased by 1.62% and 9.07% over a daily and weekly basis respectively. The fact that traders are net-short hints that prices may continue rising. The combination of this and recent changes in sentiment are offering a stronger bullish-contrarian trading bias.
All three main equity benchmarks closed higher Thursday and the Dow and S&P 500 booked a third straight record finish after fresh labor-market data provided insight on the pace of the recovery. The moves for stocks came even as a reading for wholesale inflation came in hotter than expected.
the S&P 500 index SPX, +0.30% advanced 0.3% to 4,460, led by gains in health care XLV, +0.79% and technology XLK, +0.57%. The S&P 500 closed at records in three consecutive sessions for the first time since March 15. According to Marketwatch
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
Anyone else shorting US30 👋🙋♂️Entry details are shown on the chart.
Been in the trade a few hours now. The strategy is automated for me.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
Part of last trade shown on chart which was a long.
Didn't hit TP3 but closed for a profit on the short trade presenting.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
S&P500 - 1D ChartThe S&P500 has been very bullish since the significant drop that occurred from July 15th to July 19th. Since then, the price action of the index has been creating an Ascending Triangle Formation; signifying a buy. I expect the index to breakout, retest(the best possible entry point), then be bullish into the 4460-4470 range.
US 30 the next few weeks can be decisive. The us30 is currently moving in a large triangle. However, due to the increasing volume and the advanced consolidation, a breakout can be assumed soon. Personally, I think an upward breakout to new all-time highs is likely. Simply because it is always more likely that a trend continues than that it breaks. In the event of a breakout, it is certainly easy to find stocks within the DowJones that are doing very well.
A successful week and always good trades.
