EURUSD Set To Fall! SELL!
My dear friends,
Please, find my technical outlook for EURUSD below:
The instrument tests an important psychological level 1.1118
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1087
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
M-signal
BTCUSD Trading Opportunity! SELL!
My dear followers,
This is my opinion on the BTCUSD next move:
The asset is approaching an important pivot point 62803
Bias - Bearish
Safe Stop Loss - 64158
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 60385
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
TESLA My Opinion! SELL!
My dear subscribers,
My technical analysis for TESLA is below:
The price is coiling around a solid key level - 238.28
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 227.90
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
NATGAS Set To Fall! SELL!
My dear followers,
I analysed this chart on NATGAS and concluded the following:
The market is trading on 2.456 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2.388
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
LTC - LONG The chart shows a clear pattern of repeated growth cycles for the LTC coin. Each cycle starts from an accumulation zone (marked on the chart), followed by a strong impulsive upward movement.
What does this mean?
After each accumulation phase, we observed significant price increases of 63-78%. Now, LTC is again in the accumulation zone, which could indicate a potential breakout upward.
Potential target:
If the coin repeats its historical behavior, an increase of 60-70% from current levels is expected, which could lead to a price range of approximately $110-120.
Master the Trading Mindset: Lessons from Trading in the ZoneTrading in the Zone by Mark Douglas is widely regarded as one of the most important books for traders seeking long-term success. The book emphasizes that consistent profitability in trading is not only about mastering strategies or market knowledge but, more importantly, about trading mindset, mastering your own mind. Many traders focus purely on technical or fundamental analysis, but Douglas insists that psychological discipline is what separates successful traders from the rest.
By understanding the emotional and mental aspects of trading, you can turn potential obstacles into strengths.
Why Most Traders Struggle: The Illusion of Market Control
One of the core ideas in Trading in the Zone is that many traders enter the market under the false assumption that they can control outcomes if they make the right predictions. This mindset is deeply flawed. The financial markets are inherently unpredictable. Even with the best analysis, there are countless factors influencing price movements that are beyond any trader’s control.
Key Lesson: Embrace Uncertainty
Douglas emphasizes that successful traders must understand that the market is governed by probabilities, not certainties. You will never be able to predict the market with 100% accuracy, and that’s okay. The goal isn’t to be right every time, but to develop an approach that gives you a statistical edge—one that ensures you come out profitable over time, even when some trades fail.
Think of the market as a casino: while the house doesn’t win every game, its edge ensures that over time, it’s consistently profitable. Similarly, traders need to focus on building a system that works across a large number of trades, rather than getting caught up in trying to control individual outcomes.
Building a Winning Attitude: The Process vs. The Outcome
A major theme in Trading in the Zone is the need to shift your mindset from being outcome-driven to being process-driven. Most traders make the mistake of evaluating their performance based on whether they won or lost an individual trade. This creates a dangerous emotional cycle, where wins create overconfidence and losses spark fear or frustration.
Key Lesson: Detach from Individual Results
Douglas teaches that trading is a marathon, not a sprint. Consistent success comes from focusing on the process, not individual trades. You must follow your plan and rules consistently, regardless of the outcome of a single trade. Winning trades don’t always mean you followed your plan, and losing trades don’t necessarily indicate failure. Instead, long-term success comes from disciplined execution of your edge.
By focusing on process over profits, traders can eliminate the emotional highs and lows that lead to inconsistency. This mental shift helps you stay level-headed, even when things don’t go your way.
The Role of Beliefs in Trading: How Your Mindset Shapes Your Actions
Our beliefs influence how we behave in the market. If you have subconscious fears about losing money, or if you believe that being wrong is a sign of failure, these beliefs will manifest in your trading actions. You might hesitate to pull the trigger on a trade, cut winners too early, or hold onto losing positions because you’re afraid to admit defeat.
Key Lesson: Reprogram Your Mindset
In Trading in the Zone, Douglas explains that you must reprogram your mindset to align with the realities of trading. Accept that losses are part of the game. Successful traders understand that losses are inevitable, and they don’t let individual losses affect their confidence. Trading success comes from building a set of beliefs that supports objective decision-making.
For example:
Limiting belief: “I can’t afford to lose money.”
Empowering belief: “Losses are a natural part of trading; my edge will prevail over time.”
By changing these internal beliefs, traders can reduce emotional interference and make rational decisions in line with their strategy.
Thinking in Probabilities: Shifting to a Casino Mindset
Douglas spends considerable time explaining the concept of thinking in probabilities. He uses the metaphor of a casino to illustrate how successful traders operate. A casino doesn’t win every bet, but its edge ensures that over thousands of games, it consistently comes out ahead. Similarly, traders need to think of their trades in terms of probabilities.
Key Lesson: Your Edge is Everything
Your edge is your winning probability over a series of trades, not your ability to predict individual outcomes. Once you accept that losses are part of the game, the emotional attachment to individual trades fades. What matters is sticking to your system and letting the edge play out over time.
In practical terms, this means:
Don’t let a losing trade shake your confidence.
Don’t get overly excited about a winning trade.
Stay committed to your system, knowing that it will be profitable over time if you consistently apply it.
Overcoming the Fear of Losing
One of the biggest challenges traders face is the fear of losing. Fear of losing can cause you to avoid entering trades altogether or exit winning trades too soon. This fear stems from not fully accepting the risks of trading.
Key Lesson: Accept the Risk Before Entering a Trade
Before placing any trade, you must be at peace with the potential loss. Douglas emphasizes that you should only trade when you are completely comfortable with the risk. If you can’t emotionally handle the thought of losing a certain amount of money, you’re risking too much. By accepting the risk upfront, you free yourself from fear and allow yourself to trade objectively.
Douglas advises using smaller position sizes or setting tighter stop-losses until you feel confident about the level of risk you’re taking. Once you accept the risk, you can approach the market with less emotional interference and more discipline.
Consistency is Key: The Power of Discipline
Many traders struggle with inconsistency. They might have periods of great success, followed by periods of undisciplined trading that wipe out their profits. Douglas explains that the secret to long-term success in the markets is consistency—not in your results, but in your actions.
Key Lesson: Follow Your Rules
The most important trait of successful traders is that they follow their trading rules every single time. When you deviate from your rules because of fear, greed, or frustration, you open yourself up to unnecessary risk and losses. On the other hand, by consistently following your edge and your system, you guarantee that you will capitalize on your strategy’s strengths over time.
Consistency in following your plan leads to consistent results. Discipline becomes the foundation of a successful trading career.
The Psychological Barriers in Trading: Recognizing and Managing Emotions
Emotions such as fear, greed, impatience, and overconfidence are often the biggest roadblocks to successful trading. Douglas emphasizes that the key to overcoming these barriers is self-awareness. Traders must learn to recognize when their emotions are influencing their decisions and develop strategies for managing these emotions.
Key Lesson: Mindfulness and Emotional Control
By practicing mindfulness, traders can learn to separate their emotional responses from their actions. For example, when the market moves against you, instead of reacting impulsively, take a moment to assess the situation objectively. Is this a market move you’ve anticipated in your plan, or is it an emotional reaction to an unexpected event?
Douglas encourages traders to develop emotional control strategies, such as:
Journaling your trades to reflect on your emotional state during each trade.
Setting clear, predefined exit strategies to avoid emotional decision-making.
Practicing visualization and breathing techniques to stay calm during high-stress moments.
Developing a Rules-Based Trading System
Another crucial concept in Trading in the Zone is the importance of having a rules-based trading system. Many traders enter the market without a clear plan or rules, relying on gut feeling or market sentiment. This lack of structure leads to inconsistent results and poor decision-making.
Key Lesson: Create and Follow a Solid Trading Plan
To achieve success, Douglas emphasizes the need to create a trading plan that outlines:
Your entry and exit criteria.
How much you are willing to risk per trade.
The market conditions under which you will or won’t trade.
Having a plan allows you to remove emotion from your decision-making process. When you have clear rules in place, you don’t have to guess or second-guess your actions. Instead, you follow your plan with discipline and consistency, leading to more predictable results.
Trusting Yourself and Your System
One of the final messages in Trading in the Zone is the need to trust yourself and your system. Many traders fall into the trap of doubting their strategy after a few losses, even if the strategy has worked well over time. This lack of trust leads to system hopping, where traders jump from one strategy to the next, never giving any single approach enough time to prove its worth.
Key Lesson: Confidence and Commitment
Douglas emphasizes that once you’ve developed a solid trading system, you must commit to it fully. Trust that your system will work over a large number of trades, and resist the temptation to abandon it after a few losing trades. Confidence in yourself and your strategy is essential for long-term success.
The Zone: Peak Performance in Trading
Douglas describes the ultimate goal of every trader as achieving “the zone.” This is a mental state of peak performance, where you are fully in tune with the market, your emotions are under control, and you are executing your trades with clarity and confidence. Traders in the zone are not fixated on individual outcomes but are fully present and focused on following their process.
Key Lesson: Reaching “The Zone” in Trading: Achieving Peak Performance
In Trading in the Zone, Douglas introduces the idea of “the zone” — a state of peak performance where a trader is completely in sync with the market. In this mindset, emotional distractions are minimized, allowing you to make clear, confident, and unbiased decisions. When traders enter the zone, they’re fully focused on their process and not concerned with individual wins or losses.
Key Lesson: How to Achieve the Zone
Getting into the zone requires practice, emotional control, and mental discipline. By focusing on your trading process and minimizing emotional responses, you will begin to trade with precision and without hesitation. Some key steps include:
Mastering Emotional Control: Remove attachment to individual outcomes.
Focusing on the Process: Commit fully to your strategy and trading plan.
Trusting Your System: Develop unwavering confidence in your edge over time.
When you’ve trained your mind to operate in the zone, trading becomes a fluid experience, and you are better equipped to handle the challenges of the market.
Final Thoughts: The Psychology Behind Trading Success
Trading in the Zone offers profound insights into how the mind shapes success in the financial markets. The key takeaway from Douglas’ work is that mastering the mental game is essential for consistent, long-term profitability. Successful traders learn to think in probabilities, accept risk, and develop the discipline to follow their edge consistently.
Key Takeaways:
Embrace Uncertainty: Focus on probabilities rather than certainties.
Reprogram Limiting Beliefs: Accept that losses are part of trading.
Focus on Process Over Outcome: Build and trust your trading system, and don’t be swayed by short-term results.
Master Emotional Discipline: Be aware of how emotions like fear and greed impact your trading decisions.
Strive for Consistency: Following your rules consistently will lead to consistent profits over time.
By focusing on mindset and emotional control, traders can overcome common pitfalls and achieve the level of discipline required to succeed in the highly competitive world of trading. Through Trading in the Zone, Mark Douglas offers a blueprint for developing the mental resilience needed to thrive in any market environment.
If you’re looking to elevate your trading performance, internalize these lessons and put them into practice. The market may be unpredictable, but with the right mindset, you can navigate it with confidence and discipline.
SILVER Will Collapse! SELL!
My dear subscribers,
My technical analysis for SILVER is below:
The price is coiling around a solid key level - 31.178
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 30.223
My Stop Loss - 31.736
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
QQQ The Target Is DOWN! SELL!
My dear followers,
I analysed this chart on QQQ and concluded the following:
The market is trading on 482.42 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 465.55
Safe Stop Loss - 492.36
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
EURUSD: Bearish Continuation & Short Signal
EURUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURUSD
Entry Point - 1.1160
Stop Loss - 1.1191
Take Profit - 1.1096
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
NZDCAD Sellers In Panic! BUY!
My dear friends,
My technical analysis for NZDCAD is below:
The market is trading on 0.8446 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.8460
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GOLD surpassed the 2,600 USD/oz markOANDA:XAUUSD increased sharply in the trading session on Friday (September 20), with spot gold prices officially surpassing the important barrier of 2,600 USD/oz for the first time in history. The possibility of the US Federal Reserve (Fed) continuing to cut interest rates and geopolitical tensions in the Middle East act as direct catalysts for this breakthrough in gold.
At closing, the spot price of gold in the New York market increased by 36.3 USD/oz, equivalent to an increase of 1.4%, closing at 2,622.4 USD/oz.
The Fed's move to lower interest rates by half a percentage point on Wednesday is "fueling" gold prices. This precious metal is a non-interest bearing asset, so it benefits in a falling interest rate environment.
According to data from CME's FedWatch Tool, interest rate futures traders are betting on a 100% chance the Fed will cut interest rates in both its November and December meetings.
In addition, this year, global investors are also actively buying gold to hedge against lingering geopolitical risks in the Middle East and some other places. The trend of net buying gold by central banks to diversify foreign exchange reserves away from the USD also contributed greatly to the increase in gold prices.
Israel announced that it had killed a senior commander and important figures of Hezbollah in an airstrike in Beirut, Lebanon, raising concerns about the risk of widespread war in the Middle East. However, US President Joe Biden still believes that the possibility of reaching a ceasefire agreement for the Gaza Strip is realistic.
Since the beginning of the year, gold prices have increased 26%, the largest increase in a year since 2010. Some analysts believe that this record increase in gold prices may soon turn into a correction state.
The Dollar Index, which measures the greenback's strength against a basket of six other major currencies, increased 0.12% on Friday, closing at 100.74 points. However, the index has decreased 0.37% this week and decreased nearly 4.8% in the past 3 months - according to data from MarketWatch.
CADCHF On The Rise! BUY!
My dear subscribers,
This is my opinion on the CADCHF next move:
The instrument tests an important psychological level 0.6217
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.6242
My Stop Loss - 0.6204
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
GBPNZD Will Explode! BUY!
My dear followers,
This is my opinion on the GBPNZD next move:
The asset is approaching an important pivot point 2.1172
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 2.1229
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
LINK - Bullish Control Soon...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈After rejecting the $20 round number, LINK has been in a correction phase in the shape of a falling channel marked in orange.
Currently, LINK is hovering around a strong structure, support and round number $10.
🏹 Once the orange channel is broken to the upside, we will expect the next bullish phase to start leading to a movement towards the $20 mark again.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
FED Cutting Interest Rates Is NOT BullishAs of this week the FED has announced that they will be slashing the FED funds rates by 50bps (0.50%). Contrary to popular belief, this is not necessarily bullish. Actually, the last three times that they did it was an indicator that a bear market was coming.
As seen on the lower chart, once the FED cuts the rates, it has often signaled a stock market crash in the not so distant future.
Do you think a stock market crash is coming? Share your thoughts🙏
EURJPY Expected Growth! BUY!
My dear friends,
EURJPY looks like it will make a good move, and here are the details:
The market is trading on 156.39 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 158.45
Recommended Stop Loss - 155.23
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
NZDCAD A Fall Expected! SELL!
My dear subscribers,
My technical analysis for NZDCAD is below:
The price is coiling around a solid key level - 0.8452
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8434
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
EURNZD Sellers In Panic! BUY!
My dear friends,
Please, find my technical outlook for EURNZD below:
The instrument tests an important psychological level 1.7892
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.7940
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
XAUUSDXAUUSD . Potential short opportunity.
Our idea remains the same as yesterday however we are posting an adaptive analysis.
The price on XAUUSD has made a new ATH (All Time High) we are due for a pullback (at least 50%). Our new key levels are sitting at 2600, 2560, 2545, 2530. Our entry is at 2589. We are expecting the price to drop down to our Key Levels (KL). Every break of the new KL will result in deeper pullback . Stops are set at yesterday’s high. We must keep in mind that gold is still overall bullish and even if we see our KL4 (2530) we would still expect the price to go up from there.
Overall still bullish on XAUUSD .
PARAMETERS
- Entry: 2589
- SL: 2600
- TP1: 2560
- TP2: 2545
- TP3: 2530
KEY NOTES
- Possible double top on XAUUSD.
- Break of KL2 could result in deeper pullbacks (KL2 -> KL3).
- Break of yesterday’s low could result in deeper pullbacks (KL3 -> KL4).
- Stop is set at the previous days high.
Happy trading!
FxPocket