INSIDE BAR FORMATION Here we can see the formation of an inside bar. We can wait for the breakout and then can go for a trade. The stock Revathi Equipment has already moved around 10%. We should enter the trade only if there is an appropriate breakout of the inside bar.
P.S.- Please feel free to correct me , I'm just a new trader sharing my views.
Intradaytrade
Godrej Properties Intraday tradeThere is a symmetrical triangle formation on 30 Mins chart of godrej properties. Triangle can breakout above or below the respective trend lines. Wait for the candle to breakout and close above or below trend lines.
This will be very short term trade and should be completed in one or two trading sessions.
Breakout level above = 1400
Breakout level below = 1384
Target = + 20 or -20 above or below breakout level
stop loss = 2% below breakout levels
PVR 15min TF For IntradayPVR is forming a rising channel pattern and gives a breakout with good volume in 15 min TF. You can set your target and stoploss according to your RRR.
You can add it to your watchlist. It's just my idea.
EURUSD BEST place to short! Welcome back! Let me know your thoughts in the comments!
**EURUSD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
GOLD Trend Following Setup!Hello Traders,
In the upcoming week we will be monitoring XAUUSD for a Selling opportunity around 1775 supply area. Once we get a confirmation the trade will be executed and shared with our premium subscribers.
- RISK DISCLOSURE
TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
Intra-Day Trading TheoryTrading opinions can be made in a very concrete or a structured manner just like how investors study into the financial numbers of the stock they are about to invest into.
Short-term traders also have its numbers they study into, it is the price behaviours or the price data of the instrument they are trading. When these data are converted into a pictorial format, it becomes a chart.
And I am going to share with you a simple illustration on intra-day trading using trendline and divergence, to derive entries.
You will find how this can be done in a very structured manner and you don’t have to guess too much into it.
I have included some links below on my previous videos on trendlines and divergence.
The first rule:
The first about intra-day trading theory is we have to acknowledge the word “intra-day”, meaning all trades are done within the day itself, and we will have to square off all our positions before the market closes. This is Because we do not wish to carry any risks overnight with unexpected gaps.
Micro E-Mini Nasdaq
0.25 = US$0.50
1.00 = US$2
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
Bitcoin Trend Analytics August 11 - pumped by a good figureCPI was much lower than expected, which fueled a strong bull run for all markets except the USDX. BTC bounced from the short-term support and gathered the strength to challenge the resistance above.
According to the strength of the triangle, the resistance today diverts to $24860.73-$24597.35. This resistance has become weak and easily broken.
Short-term bullish support arrived at $22775.99, which was broken yesterday and then flipped and diverted to $22977.50.
Breakout on the triangle resistance at 24k will open up more space above.
The drop in CPI has triggered a positive expectation of slowing the pace of interest rate hikes, however, the decision is not revealed yet. We should wait for the Fed’s final decision around Sep 21-22.
Bitcoin Trend Analytics August 10 - volatility cased by CPIThe challenge failed due to the strong resistance of the triangle. After 16:00 (UTC+8) BTC dropped and touched short-term bullish support.
Monitor today if the support could hold up the price.
According to the strength of the triangle, the resistance today diverts to $24736.27-$24457.91.
The price could drop to $22775.99 if the short-term bullish trend is broken.
Only by taking hold of $23532.87 could it stabilize on a daily frame. If $22775,99 is broken without pulling back, then it will end the short-term bullish trend.
Keep an eye on the adjusted CPI to be released at 20:30 (UTC+8). Watch out for the high volatility risks.
Bitcoin Trend Analytics August 9 BTC ends the consolidation and opens up the space above. Today it keeps challenging resistances.
The strength has come to a crucial point in an upward triangle, resulting in a resistance between $24876.64-$24525.19.
Short-term bullish support diverts to $23030-$22962.87.
The key support of the month is between $18393.50-$17819.71. Higher statistic support manifests stronger bullish sentiment. The relief rally yesterday was prognosticated by better statistics from last weekend until yesterday.
Bitcoin Trend Analytics August 8BTC is about to end the consolidation, yet still needs some time to test. If it breaks $23976.01 based on data and movement, then it could go up higher.
Consolidation range: $23976.01-$21749.97; $22638.15 is the center where longs and shorts battle severely.
Key support diverts to $22638.15. BTC stepped on this support and now moves along it.
The key support of the month is between $18295.26-$17683.49. Higher statistic support manifests stronger bullish sentiment.
Bitcoin Trend Analytics August 5 BTC is still under the pressure of resistance and is yet to end consolidation. Breaking up the intraday resistance today and then holding up on $23775.37 for 4-8 hours could it end this consolidation; otherwise it’ll come to a lower area to consolidate.
The crucial support of the day is $22153.84.
The crucial range this week moves down between $24819.19-$21487.09. Breaking down $21487.09 will the market turn bearish.
The key support of the month is between $18155.27-$17565.40. Higher statistic support manifests bullish momentum and a lower level means cautious. This continuous downward diversion of the key support is the reason for the price drop these days.
Bitcoin Trend Analytics August 4 BTC went as high as $23657 and was rejected by resistance at $23743, which is diverted to $25853.50. Breaking up this resistance will end consolidation; breaking down $21768.94 will prolong the consolidation.
The crucial support of the day is $22490.46.
The support of the short-term bulls has diverted to $21768.94 at the beginning of a mid-term consolidation.
The crucial range this week is between $25813.19-$21533.93
The key support of the month is between $18217.13-$17613.07. Higher statistic support manifests bullish momentum and a lower level means cautious.
Bitcoin Trend Analytics August 3BTC is still in consolidation, breaking up $23743.41 will end the consolidation and go up against $27746.31. Breaking down $21747.08 will prolong the consolidation.
The support of the short-term bulls has diverted to $21747.08 at the beginning of a mid-term consolidation. The strength of bulls and bears is yet to break even.
The crucial range this week is between $25813.19-$21528.20
The key support of the month is between $18207.13-$17643.71. Higher statistic support manifests bullish momentum and a lower level means cautious. It’ll need to be tested and observed on a daily basis.
See detailed tp in the chart.