Why This Forex Pair Will Go Up In 3 Steps Trading the forex markets
Is viewed as hard and that's okay
Listen on average
The strike price or your position
Size should not be more
Than $100 that's if you are
Trading options
Now it depends with what broker
You are using but to be honest
If you want liquidity then that's
The strike price I would use.
Sadly the liquidity in forex markets
Are very low thats most
Forex brokers offer high margin
Remember each market is different
It will take time to know them..
This chart follows the 🚀 Rocket Booster Strategy:
1.The price has to be above the 50 EMA
2.The price has to be above the 200 EMA
3.The price to gap up in a trend
The last step is tricky because it involves crowd psychology..so you will have to learn more...
Rocket boost this content to learn more.
Disclaimer ⚠️ Trading is risky please learn risk management and profit taking strategies because you will lose money wether you like it or not.
M-oscillator
Streamr (DATA) - Bullish divergenceOn the above 5-day chart price action has corrected over 90% since April 2021. Now is a good opportunity to go long. Why?
1) Price action and RSI resistance breakouts.
2) Price action finds support on past resistance.
3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 90 day period as was the previous.
4) The flagpole measures out at 800% to target.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe for long: now
Return: 800%
Is ANKR about to print a 1500% move?On the above 8-day chart price action has corrected over 90% since the month of May 2021. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Price action prints support on past resistance. Look left.
3) The macro bull-flag breakout plus confirmation of support.
4) A number of tradingview.com ideas are ‘short’. Remember the 9 out of 10 market participants will lose money. Be the 10%.
5) Bonus observation, see chart below.
Is it possible price action falls further? Sure.
Is it probable? no.
Ww
Type: Trade
Risk: <6%
Timeframe: Act now
Return: 1500%
Little bull flag with 250% projection
The Rocket Booster Strategy Boosted Part 2Trying to find a pattern to trade
has been a challenge..and so in this video
i show you the rocket booster
strategy boosted.
-
First, you need to make sure you
do not trade flat markets..
This is a mistake I have made a lot.
-
Second, you need to increase the amount
of volume you are trading because in the
stock market the traffic can get stuck.
-
Third try your best not to trade low-volume stocks
this is also something I was very fond of doing
Because I was so good at technical analysis
I never understand the power of volume
-
Lastly, you need to create
a combination of trading systems
That will help you identify the best swing trading
Opportunities
In this video we are using the following
indicators:
1-Volume
2-Rate Of Change
3-Moving Averages
Creating a system with a combination of these indicators
should help you build a strong trading system
-
And trading strategy
Watch this video to learn more.
-
Disclaimer:Trading is risky you will lose money wether you
like it or not please learn risk management
and profit taking strategies.
Danimer Scientific, Inc.On the above 10 day chart price action on this penny stock has corrected 98% since February 2021. A number of reasons now exist to consider a long position. They include:
1) Price action and RSI resistance breakouts.
2) Past resistance confirms support. (yellow arrows).
3) Regular bullish divergence. Multiple oscillators print positive divergence with price action as measured over 6 months.
4) The falling wedge formation forecasts a 8000% move as measured from the highest to the lowest wedge touch points.
5) No share splits. True.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: Investment
Risk: <= 3%
Timeframe for long: Qrt 2, 2024
Return: 8000%
Stop loss: 55 cents
The Secret Of The 3 Step System..I made a mistake by recommending buying Apple stock
its was so quick that it showed up on my screener
and then disappeared.
In order to fight this error I have
decided to only scan for stocks after the market close.
The trap is called a bull trap.
Because it happened during trading hours
My Big Bull Trap Mistake
This mistake is so painful because
I was so confident in my ability to trading
the capital markets.
I felt like I let my followers down.
this is why I always say trading is risky you
will lose money as soon as I noticed this mistake I
cut my losses quickly just like Tim Sykes
usually says to do.
Now look at this chart NYSE:HIMS
below you will see the RSI indicator.
This indicator will help you measure whether
the price of stock is cheap or expensive.
Are you Good At Risk Management?
When you start trading risk management is very much
important for you to master and understand.
Am not perfect with my trades.
But I will try to show you the
best technical analysis tools I use.
But there is one last step that you have to master.
Its called crowd psychology.
Having technical analysis tools is not enough.
this is why you have to invest in a newsletter
or research service that supports your
trading journey.This research that you will
engage with will help you with understanding
crowd psychology and risk management tactics.
The good news is there are a lot of trading experts that
are willing to share their knowledge with
you for a monthly or yearly fee.
You just need to increase your interest.
How To Develop A Trading Strategy
Developing a trading strategy as well
takes time. Yesterday I felt so discouraged
because I chose the path of studying the
capital markets.No one teaches about the
capital markets in school.
And so I felt like I was just wasting my time.
But deep down I believe the capital markets
are a form of production.
That we need in an economy.
In order to master technical analysis
I developed a strategy called
The rocker booster strategy
And it has 3 steps:
Step#1 - The price has to be above the 50 MA
Step#2 - The price has to be above the 200 MA
Step#3 - The price should gap up in an uptrend
if you follow these steps you will learn
trend analysis, technical analysis and
uptrends. If you don't then you can always learn more
Remember to rocket boost this content to learn more.
Disclaimer: Trading is risky you will lose money whether you like it or not
please learn risk management and profit-taking strategies
Solana Short Setup even in a Bull-run / Risky but we are tradersBINANCE:SOLUSDT
COINBASE:SOLUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
172.35
169.89
167.72
164.76
🔴SL:
182.02
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
$SPY November 1, 2024AMEX:SPY November 1, 2024
15 Minutes.
Gap down did not allow to initiate any short which were closed earlier around 579 levels.
575 supports did not hold and AMEX:SPY continued to make lows.
For the large rise 539.95 to 586.12 4SPY retraced to 38.2 % levels and also 50-day average in daily.
If this is not supported, we can expect 558-=562 levels which is 100 averages.
If we see the daily chart 565 is important to hold.
If this is broken, we have a history where AMEX:SPY went back to 539-540 levels twice from that number.
No trade day today.
How ever for the fall 583.32 to 568.44 a retracement to 578 levels will give a chance to short. Depending on moving averages. At the moment SL is 580 being 200 averages in 15 minutes.
We are having an oscillator divergence at lows near close. So, i expect a retracement.
Australian ASX 200 SPI futures look good if you're a bearThe picture for Australian ASX 200 SPI futures look good if you're a bear.
We've seen a bearish engulfing candle on Wednesday with follow-through selling today, accompanied by an uptick in volumes. Momentum indicators are providing bearish signals, too.
But it is month-end and the price does find itself sitting on the 50DMA, a level that has been respected consistently apart from a period between June and July this year.
Even though price and momentum signals suggest selling rallies may work better than buying dips in near-term, unless we see a close beneath the 50DMA, going short beforehand comes across as a low probability play given prior interactions with the level.
If the price closes and holds beneath the 50DMA, you could sell with a stop either above it or 8200 for protection. On the downside, 8080 is the first level of note, but to make the trade stack up from a risk-reward perspective, 7860 comes across as a more appropriate target.
Good luck!
DS
ASX 200 flirts with bearish reversal breakoutElection jitters are in the air, and it is weighing on Wall Street sentiment - and dragging the ASX 200 with it, which also faces pressure from a spate of weak China figures in recent weeks.
A potential head and shoulders top has formed on the daily chart, and prices are close to testing a support zone which could double up as a neckline.
For now, the ASX appears hesitant to break the 8130/50 support zone which brings could prompt a minor bounce over the near term.
A break beneath 8130 confirms the bearish reversal, which projects an approximate downside target near 7900 and the 200-day EMA. Also note the 8100 and 8000 levels which could provide support along the way
MS
$SPY October 31 2024AMEX:SPY October 31, 2024
15 Minutes.
Still within the box.
For the fall 586.12 to 574.41 4SPY retraced 78%. So double bottom is what Hence, expect.
For the fall 583.32 to 576.36 582 is the level to short for 578-579. If this is broken, we can expect 576 levels which is 200 averages in one hour time frame.
The issue we have at the moment in one hour is AMEX:SPY made LL at 580.38 and 574.41. But no divergence in oscillator. Hence, I don't see much downside. At the moment.
Go long above 585 and short cover at 579 578 levels. Maximum downside as mentioned is 576 levels as of now.
LTCUSDT Long Setup Setting / Risky but Why not?BINANCE:LTCUSDT
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone: 68.45-66.76
⚡️TP:
69.43
70.50
71.90
🔴SL:
64.89
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Topside wicks, sagging momentum suggests AUD/JPY break may stickAUD/JPY looks primed for downside.
The price has broken the uptrend it's been sitting in since late September. RSI (14) is trending lower with the bearish signal confirmed by MACD. And one look at the topside wicks above 101.00 suggests sellers are lurking and unwilling to budge.
If the price manages to close beneath the uptrend, you could sell with a stop above for protection. To make the trade stack up from a risk-reward perspective, the 50-day moving average or 98.04 are potential targets.
Good luck!
DS
RATSUSDT.P
Hello dear friends,
Another degen SHORT is coming your way! This time, it’s 1000RATS on the 30-minute timeframe. This one is extra degen due to the volatility of this meme coin.
Two things on the chart make me bearish: first, the price is at resistance, and second, there's a bearish divergence in volume.
This is not financial advice by any means! Stay safe, and keep that SL tight!
SOLUSDT.P
Hello friends,
Here’s the next degen SHORT in this series! We have SOL, one of the giants of crypto. We’re looking at two oscillators, RSI and CMF, both of which are bearish on the 30-minute timeframe. That’s why I'm shorting SOL—but, of course, this is not financial advice in any way!
Stay safe, and keep that SL tight!
BTCUSDT.P
I'm trying to short the king of crypto, BTC. This is more of a degen trade, so proceed with caution! Momentum and RSI are losing ground, which could be bearish. Keep in mind that both are momentum oscillators, so they behave similarly.
Keep that SL tight and stay safe. This is not financial advice in any form.
Stay safe!
Zoom Video Communications, Inc. - Bullish divergence*investment opportunity*
A 90% correction since late 2020 on the above 4 day chart. There now exists an excellent opportunity on this stock. Why?
1) Price action and RSI resistance breakouts.
2) Support and resistance, look left. Price action is on past support. Terrific.
3) Bullish divergence. Lots of it, as measured over a 100 day period.
Is it possible price action falls further? Sure.
Is it probable? No
Ww
Type: Investment
Risk: <=6% of portfolio
Timeframe: Act now
Return: Rather awesome. Will say elsewhere.
Stop loss: Will say elsewhere.
USD/JPY rally facing fundamental test with US job openings data USD/JPY remains a play on the US interest rate outlook, sitting with an incredibly strong correlation with US two-year Treasury note futures of -0.98 over the past fortnight. When short-dated US debt futures have moved in a particular direction, USD/JPY has almost always done the opposite, mirroring US Treasury yields.
With there's no obvious reversal pattern in US two-year note futures in the right-hand chart, providing reason to be cautious about getting to aggressive, with the first of the week’s major US economic releases on the way in the form of JOLTs job openings for September, the risk of profit-taking in USD/JPY appears elevated.
After a surprise bounce in August, markets are looking for only a minor decline in openings of 50,000 to 7.99 million. Notably, this survey tends to bounce around and we haven’t seen back-to-back increases since late 2022. That hints at the potential for a downside surprise that could spark downside for US Treasury yields and USD/JPY which have run very hard in recent weeks.
If the price holds below 153.19, you could initiate shorts with a tight stop above for protection targeting a return to the 200DMA.
Good luck!
DS