Long-short
btcHello, I am an Iranian and I was in a bad mood these 12 days and I did not trade at all and I did not concentrate.
I did this analysis now because of your insistence, the current conditions are good for Bitcoin and there is no problem
We have to see Kendal Mahane
I hope this analysis gives you a nice view of the market
Short term blue line
Long-term white line
Trading like the banks do. Picking off liquidity.So I just got back from a quick appointment that I had to make outside the office and I came back to find very nice surprise. Several of you have already found the heikin-ashi algo isolator release and have already started boosting it.
Thank you to all who currently have done that.
Along with my return to my home office I found a few messages on my screen asking about something they saw in the last video. For example one of the messages on the screen in my videos said "Trade money like Banks do, picking off liquidity, picking up several positions in a downtrend." And one of the messages was asking "Why would I sell if I already sold and I'm currently in a down trend?"
So basically they were asking how do you sell twice.
I guess the same question would apply if they saw a buy alert show up in an uptrend and another buy alert show up immediately after that in an uptrend.
What's Happening Here is that you are actually in either a very large or small range or you were in a pause of the up or down trend. When it comes to Banks and institutions and algorithmic trading machines what they do is they make several purchases of stock at different levels and they do it over a set period of time. They enter multiple positions in the same direction only to sell off all their positions when they get to the price that they want to get to.
So just because you entered a short trade doesn't mean you can't buy up more positions on the way down and just because you enter the wrong trade doesn't mean you can't buy more positions on the way up.
As long as you close off all the positions lower than all of the positions you picked up In a downtrend and clothes off all of the positions higher than all of the positions that you picked up in an uptrend.
I hope you understand that. Go ahead and ask below if you need any clarification.
The bottom line is if you're going short you don't have to go short just once, you can go short multiple times as long as the trend keeps going down. And just the opposite for long trades.
So thanks again to everybody who is scooping up this oscillator. I hope you're enjoying it.
AUDUSD Weekly S/R| .618 Fibonacci| Price Action| Trend Evening Traders,
Today’s analysis – AUDUSD – trading at a key support region where a bounce is possible,
Points to consider,
- Price Action Corrective
- Weekly S/R Support
- .618 Fibonacci
- RSI Oversold
AUDUSD’s immediate price action is corrective and is approaching a key resistance zone that has the .618 Fibonacci and the Weekly S/R in confluence, allowing for a bullish bias.
The current RSI is in oversold conditions, this signifies over-extension where a mean reversion is likely to occur.
Overall, AUDUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“If you can learn to create a state of mind that is not affected by the market’s behaviour, the struggle will cease to exist.” – Mark Douglas
Something is going to break, DXY or SPX500 take your pick IIDecision time, eminent, could not stress it more, options:
1. The DXY topped, it will break down slowly but respecting a downwards path, like oil has done, in this case the SPX500 will break up.
2. Otherwise the SPX500 will break down and it will be in a massive recessionary 2008 move downwards, breaking the June lows and, a sign that something has gone sour in the street economy, but it has to be something big, it can also be another war, and trouble is coming in the next months/years
EURUSD INTRA-DAY SETUPS!!EURUSD looking like we may create a move to the upside as price is struggling to push lower even off the back of this USD strength. I'm holding shorts from my sell zone but wouldn't be surprised to see price return to this area and continue moving sideways around this consolidation range. Ill be keeping an eye for a break out of this region to give us a better idea of the next bigger directional move.
Taking a Long herePLEASE DO NOT COPY WITHOUT DOING YOUR OWN ANALYSIS. This is for my own entertainment and knowledge.
Personally not fully convinced on this but just thinking how most retailers would act here and open a lot of short positions. This looks like a perfect spot to liquidate short positions. I am doing a small bet on this one but if it falls to my last by I see a big pump moving forwards
What option play you see happening RED or GREEN :)
Lets see what happens
Remember enjoy trading think like a institution not a retail investor. Lets get it!!!
RLinda ! GOLD-> Rollback to retest the liquidity zone CPI rose 0.1% in August and 8.3% from a year earlier. Gold futures were down 1.5%, hitting their lowest level in a week.
Gold tends to react negatively to interest rate hikes, and this trend looks like it will continue when the Fed meets again in a week.
On the global chart, we see an attempted test of the 1677 liquidity zone, the price fails to reach the important zone by a few dozen pips and forms a pullback. As a result of the news, the price might reach the support - regest to the important zone, but we can assume that the price might reach the 1677 zone soon.
I assume that in the long term gold can test the liquidity zone 1677 and make a false break, after capturing the liquidity to form a strong upward impulse.
Regards R. Linda!
GBPJPY Key Swing High| .618 Fibonacci| Price Action| Trend Evening Traders,
Today’s analysis – GBPJPY – trading towards key swing high area where a rejection is possible,
Points to consider,
- .618 Fibonacci Resistance
- Key Swing High Liquidity
- POC Objective
- Price Action Rotation
GBPJPY’s immediate price action is trading towards liquidity pool with the .618 Fibonacci in confluence, allowing for a bearish bias.
The POC is the immediate objective; exceeding this level will lead to a deeper pull back.
Price action is to be used upon discretion/ management when executing this trade, invalidation is multiple candles closes below the POC.
Hope this analysis helps, thank you for following my work and remember,
“Never let a win go to your head, or a loss to your heart.” – Chuck D.
AVAXUSDT Range High Retest| .618 Fiboancci|Monthly S/R| Trend Evening Traders,
Today's analysis - AVAXUSDT- trading above its range high support, consolidating here is a bullish sign
Points to consider,
- Price action corrective
- Range High Support
- Declining Volume
- .618 Fibonacci Confluence
AVAXUSDT's immediate price action is resting on a support zone that is in technical confluence with the range high and the .618 Fibaoncci, allowing for a bullish bias.
the volume is on a decline, it needs to increase on the expansion, this will solidify the move
Price actions objective will be the Monthly S/R, exceeding this level will lead to a trend continuation.
price action is to be used upon discretion/ management, hope this analysis helps !
“Trading is buying and selling to exploit a change in the price. Investing is acquiring assets for economic reasons.”
― Naved Abdali
GBPAUD Correct PA| POC Support| PA Range Evening Traders,
Today's Analysis - GBPAUD's - trading with corrective price action that will lead to a bounce
Points to conside,
- price action corrective
- local range low lost
- nPOC Support
- range reclaim = deviation
GBPAUD's immidiate price action is trading at a key support that is the nPOC, a bounce here with a reclaim of the local range will confirm a deviation, this will allow for a bullish bias.
the immediate objective will then become the .618 Fibaoncci of the recent impulsive leg down.
price action is to be used upon discretion/ management when executing this trade
hope this analysis helps, thank you for following my work and remember,
“Trading doesn't just reveal your character, it also builds it if you stay in the game long enough.”
― Yvan Byeajee
again and againHello, Bitcoin came exactly to 18600 and went up. Now it has reached 21800. How was my analysis?
My previous analysis was completely correct, 100% correct
I wish I could be seen. I understand everything with math
I see the market as a bull at the moment, but we will probably have a correction until 20500-19500 and then it will reach its first target, it may continue without correction.
EURUSD Monthly S/R Support| Price Action| Trend Evening Traders,
Today's analysis,
EURUSD - trading towards a key resistance level where a bearish retest is possible,
Points to consider,
- Price Action Corrective
- POC S/R Resistance
- .618 Fibaoncci Resistance
- Bearish OB Resistance
- Low Volume
EURUSD's immediate price action is corrective, the bounce is on low volume and approaching a key trade location with resistance confluence, this allows for a bearish bias.
The resistance is the .618 Fibonacci, POC S/R and a Bearish OB, price action is likely to have a rejection of this level, a reclaim will be a strong bullish sign, invalidating the trade.
The objective is the lower Daily S/R support and the overall Monthly S/R
Price action is to be used upon discretion/ management, hope this analysis helps
remember,
"Amateurs think about how much money they can make. Professionals think about how much money they could lose."
–Jack Schwager.
BITCOIN: GET READY! This is a 3-day chart of BTC.
There is an ABCD pattern and concentration in a possible PRZ.
Contrary to popular belief, there is no one 'ABCD' pattern but a series of them. When you see one where AB=CD then there is a potential for reversal. ABCDs do not have to be 100% accurate.
The important issue is price action in the potential PRZ.
The current picture is not a prediction because I CANNOT possibly know what the future holds.
If you are 'getting ready' it's for two things:
1 - a movement north
2 - a movement south.
With all trading it is about taking an affordable loss. The 'big money' will be looking at the PRZ too. Small traders need to be extremely careful.
BTC is not a great investment due to its particular wildness.
Stay safe.
Disclaimer : This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Why is Anil Ambani’s Reliance Power up 40%? Shares of Reliance Power (NSE: RPOWER) have been volatile after the Indian electric company secured a long-term debt agreement for up to 12 billion rupees ($150.4 million) from private equity firm Varde Partners, a US based investment firm focused on distressed assets in India.
RPOWER announced the deal on Sept. 5, sending its shares surging and at close of trading, the company stock price had risen 9.9% to 23.30 rupees. On Sept. 6, the company’s stocks dropped 6.0% at close of trading to 21.95 rupees.
The abrupt increase in Reliance Power's stocks, albeit short lived, elicited a warrant for explanation from the National Stock Exchange of India Ltd. and BSE Ltd. In its response, the company said it couldn't comment on the price movement and assured that it will make an announcement when necessary.
Perhaps more alarming is the climb in RPOWER’s share price before the announcement. In the two days before the announcement was confirmed, RPOWER’s shares climbed 37%.
Reliance's Power in India
Reliance Power is an electric power generation, transmission and distribution company based in Mumbai, India. It is the country's leading private sector power generation and coal resources company with one of the largest portfolio of power projects in the private sector, based on coal, gas, hydro and renewable energy. It has an operating portfolio of 5,945 megawatts.
A member of the Reliance Group conglomerate, the power company has a market capitalization of $992.8 million. In the quarter ended June 30, the company recorded a loss attributable to owners of its parent at 708.4 million rupees against a profit of 122.8 million rupees in the prior-year period.
To support its future plans, the company is considering raising fresh capital from both domestic and international investors. Apart from the recent agreement with Varde Partners, Reliance Power is considering an issuance of equity shares, equity-linked securities or convertible warrants to amass funds that it can utilize in the long run. The company's board will meet September 8 to consider future fund-raising plan.
Operating Within the Ambani Conglomerate
Reliance Power forms part of the Reliance Anil Dhirubhai Ambani Group, which is founded majority-owned by Anil Dhirubhai Ambani. Anil is also the chairman of Reliance Power.
Anil is the youngest son of Indian billionaire Mukesh Ambani, the chairman and managing director of Fortune 500 company Reliance Industrial (NSE: RELIANCE), which is also the most valuable company in India.
The brothers divided their father's business empire a decade ago. While Mukesh, who was Asia's richest man until fellow Indian billionaire Gautam Adani surpassed him, continued expanding his businesses, Anil is currently having troubles with companies defaulting and being put under administration. Nikkei Asia reported that Anil even declared himself to have a personal net worth of zero.
Reliance Power's affiliate, Reliance Capital, is currently on the market with an investor group including the Hinduja Group and Oaktree Capital offering 45 billion rupees for the diversified financial services company, Economic Times of India reported. Also on offer are India's fifth-largest privately owned general insurance company, a stockbroker, a stake in an asset manager and Reliance Capital's 51% share in a life insurance venture with Japan's Nippon Life, among other assets.
While it is yet to be seen if the current troubles of its affiliates will spill through Reliance Power, its recent loss will definitely not boost investor confidence. Furthermore, the company's fundraising initiatives are hardly proving that it is in a very secure position in terms of capital.