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US30/DOW30 - Preparing stageTeam, we are preparing to short US30 once the price set up confirm at 41035-50. However if the price continue to pass the above price 41150 then we need to review again. Please do not enter yet. We would prefer to trade during US marketing opening. if it go according to our plan, Short will be place around 41035-50, with stop loss at 41232.40 TARGET 1 - 40898.40 TARGET 2 - 40603.10 TARGET 3 - 40297.70 We will update once we are in the market, please check our update comment below the chart. Thank you
PEPPERSTONE:US30Short
by ActiveTraderRoom
1
Be greedy when others are fearful - © Warren BuffettAs the cryptocurrency market gears up for a potential alt season, savvy investors are positioning themselves to capitalize on the gains of altcoins. This article will explore six promising altcoins and the significance of sector diversification in maximizing returns. Be Greedy When Others Are Fearful, Fearful When Others Are Greedy: This timeless adage by Warren Buffett highlights the importance of contrarian investing. During alt seasons, when the market is euphoric and prices are rising, it's crucial to maintain a level head and avoid overextending. Conversely, when the market is in a downtrend and fear is prevalent, it's an opportunity to accumulate undervalued assets. Top 6 Altcoins for Alt Season: Dogecoin (DOGE): Forming a bullish ascending triangle pattern, DOGE is poised for a breakout. The triangle's squeeze indicates a potential surge in price. Respecting the ascending trend and avoiding new lows suggests an upward breakout. Sector: Meme Coin Chainlink (LINK): With an accumulation period spanning 518 days, LINK is primed for a significant pump. The longer the consolidation, the stronger the potential breakout, adhering to the golden rule of accumulation. The ideal shakeout beneath the accumulation range followed by price appreciation reinforces the bullish outlook. Sector: Oracle Optimism (OP): Trading within an ascending channel and consistently respecting the lows, OP exhibits strong bullish momentum. The pattern and price action suggest a continuation of the uptrend. Sector: Layer 2 Scaling Solution Immutable X (IMX): Breaking above local highs and retesting the upper resistance trendline, IMX confirms a trend reversal to the bullish side. This price action signifies a shift in market sentiment. Sector: NFT Marketplace Avalanche (AVAX): Coiling within a descending wedge (bullish pattern), AVAX experienced a shakeout below a crucial support level ($9) before resuming its upward trajectory. Respecting old support levels is essential. Sector: Layer 1 Blockchain VeChain (VET): Epitomizing a textbook bullish run, VET adheres strictly to the ascending trend. Each cycle consists of price appreciation, accumulation, and further growth. Sector: Supply Chain Management Sector Diversification: Diversifying across sectors is crucial, as different sectors tend to perform differently based on market trends and events. For instance, during periods of DeFi dominance, DeFi-focused altcoins may outperform. Conversely, when NFT mania takes hold, NFT marketplace tokens could surge.
Education
by Yaroslav_Krasko
2
Weekly Trade Planning Session 25th June 2023Greetings, fellow traders! In today's weekly planning session, we emphasized the significance of focusing on the trading process rather than solely fixating on the outcome. It's crucial to prioritize the steps and strategies involved in trading for long-term success. During this session, we delved into the portfolio selection process utilizing the CSI (Currency Strength Index) across various timeframes—weekly, daily, and 4-hour—to gather essential information about the major currency pairs. By calculating the cumulative scores, we ranked the pairs accordingly, considering their overall strength. Additionally, we employed the WavesOfSuccess Strong Trend Scanner to analyze the 4-hour charts of different currency pairs. This allowed us to identify potential Buy pairs and Sell pairs based on strong trending patterns. Pairs analyzed during the session were as follows: Buy pairs: GBPUSD, AUDUSD, GBPCAD Sell pair: USDCHF We hope that the insights shared during this session prove helpful to your trading journey. Wishing you a fruitful and successful trading week ahead. May you be blessed with favorable outcomes. Happy trading!
by Charts247TradingAcademy
2
#ES_F 3.03.23 Day Trading Prep 3.02.23 Review : Globex broke 57-44 Support area and was holding under before RTH signaling weakness but that and 32-27 were important areas to stay under and break, RTH Open failed to break 32-27 then we got over 3944-40 and per our morning prep IF we hold 32-27 and managed to get over 44-40 and hold that opens the door for higher resistance target and we got a move back towards our Daily Resistance area around 3990. We failed to tag next Daily Support which tells us we got front ran by short covering. 3.03.23 Prep: Did we run out of supply and now ready to either hold or continue higher? Or was this move inventory correction from Wednesday close and short covering before Daily Support and we will head for that area again? Right now we are holding in our Daily Resistance area of 4012-3990, this and 3976-71 will be important areas to hold today for either balance or continuation over 4012 towards 4030. If we fail to accept in 4012-3990 area and get under it that will signal weakness and a possible move wards 3976-71 where we don't have as much Support under, if that breaks we can see a move lower again to test our T2 and Previous Days lows and possibly look below them. If we do hold 76-71 and are able to stay over 94-90 we can see a move higher towards the top of Daily Resistance at 4012-08 where we would watch for continuation above or not, that will be our Key Resistance area for today. Levels to Watch Resistance : Key Daily 4012-3990 Key Intraday 4012-08 Key For Continuation Higher 4030-25 Support : Key Daily 3915-3890 Key Intraday 3976-71 Current 3994-90 ? Key For Continuation 3957-53
CME_MINI:ES1!
by HollowMn
The fearless minds of strong men!Through out history men have done great things, so great that some are still not understood today in our modern advanced world. We tend to think they had less then us, (most likely true) maybe that's what made them great, the will to reach new heights. It's the unknown that they reached for for fearlessly. Most of the time reaching for nothing or too high. Through virtue and passing knowledge to one another while working together the steps to greatness have been achieved over time. In our modern world many things have changed but our senses remain the same. Fear still has the same effect on us, it makes us do irrational things. Decisions made under emotional distress has always led to the same results through out eternity. Another quality these men had was to go where others had not or dared not. Once again fear, fear of the unknown. Travelling the path less travelled. If the path is less travelled than by default there is more new things or ideas to discover. Having said all of this about conquering your fear and being bold, another thing all these great men had in common was preparation, organization and contingency plans with alternate strategies. Preparation and plans are tools to control your fears and emotions. This brings us to to Aristotle. Arguable one the greatest teachers of all time. He said "We are what we repeatedly do. Excellence, then, is not an act, but a habit." So... making small gains in investing is the longer march to victory. He also said "those who know, do. Those who understand teach." Aristotle taught Alexander on a face to face basis for approximately 7 years. Alexander then went out to find his destiny saying, "There is nothing impossible to him who will try." On to Julius Caesar and his famed glory, he always looked to match Alexander. Some of His famous quotes are "Without training, they lacked knowledge, without knowledge, they lacked confidence, without confidence, the lacked victory." Once again, preparation... with that preparation he was then led to say another famous quote, "I came, I saw, I conquered." Trading view understands this as well and they have the same outlook. "Look, then leap." This a climbing the mountain outlook. At the end of the day it's the same thing. Investing is very similar to preparing for battle or for a difficult climb. Investors are both your allies and enemies just like the terrain on a climb or the battle field . It's up to you to figure out and know when to push and when to retreat. Looking back at history can be insightful to say the least. When we look at charts we are looking at what has past before and look for the similar patterns. This too is not new knowledge (history repeating) it's age old information but a lot of people today are blind to it. King Salomon quote in ecclesiastic eludes to just this. "What has been is what will be, and what has been done is what will be done, and there is nothing new under the sun." History is cyclical it always comes back around in some form or another. Another great quote from Salomon is " words kill, words give life, they're either poison or fruit... You choose." I have added the CM_Williams_VIX to the chart. On the monthly it has done some interesting patterns in the past, take a look. So... Choose your destiny, it's up to you. What ever road you choose... be blessed, if not one way, another, and always make the best of what comes your way. Thanks for looking WeAreSat0shi Stay Blessed!
BNC:BLXEducation
by WeAreSat0shi
1
EURUSD could start its descent from hereFor the last week, I've been anticipating a drop in EU, and now, it finally looks like the bulls are starting to lose strength. The resistance zone has been retested multiple times since yesterday and failed to break above. I am expecting one more push down completing the H&S before the next wave up. As of now, the price hasn't even started to break any important levels and that is why this idea is for preparation in case it does. Another spike up in the equity markets could push DXY down triggering EU to break above the resistance zone. Support for this idea: Minor order block looks like it might break any moment. (Bigger order block structure has to break below 1.195) Break of minor trendline support LTF trendline support is not far below Looking for the H&S structure to complete before the next wave up Start to look for price action to push EU down and look for safer entries or scaling in, with a break below the bigger order block and LTF bullish structure around 1.95 & retest around 1.96. Just a note, I already entered this trade with a high-risk entry at 1.199. If it breaks below 1.95, I will be looking for scaling in entries. Invalidation for this idea would be a break above 1.2. Let me know your thoughts. Trade Safe! HEET
Short
by AfterlifeTrading
6
USD/JPY BUY IDEAHey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! USD/JPY: Daytrade-Preparation Market-Buy: 108.760 Stop-Loss: 108.410 Point of Risk-Reduction: 1108.865 Take-Profit: 109.320 Stop-Loss: 26 pips Risk: 0,5%-1% Risk-Reward: 2,50 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Long
by Trading2ez
10
AUD/USD BUY IDEAHey tradomaniacs, welcome to another free trading-setup. Notice: This is mean to be a preparation for you! as always we will have to wait for a confirmation! AUD/USD: Daytrade-Preparation Market-Buy: 0,76190 Stop-Loss: 0,75840 Point Of Risk-Reduction: 0,76520 Take-Profit: 0,77015 Stop-Loss: 32 pips Risk: 0,5% - 1% Risk-Reward: 2,45 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me!
Long
by Trading2ez
9
USD/CHF SELL IDEAHey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation for you. as always we will have to wait fora confirmation! USD/CHF: Day-Swingtrade-Preparation Market-Sell: 0,91265 Stop-Loss: 0,91555 Target 1: 0,90915 Target 2: 0,90700 Target 3: 0,90375 Stop-Loss: 29 pips Risk: 0,5%-1% Risk-Reward: 3,10 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
2
AUD/USD BUY IDEA Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation! AUD/USD: Daytrade-Preparation Market-Buy: 0,72000 Stop-Loss: 0,71210 Target 1: 0,72665 Target 2: 0,73230 Target 3: 0,74150 Stop-Loss: 79 pips Risk: 0,5% Risk-Reward: 2,89 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
NZD/JPY SELL IDEAHey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation! NZD/JPY: Daytrade-Preparation Market-Sell: 69,150 Stop-Loss: 69,415 Target 1: 68,895 Target 2: 68,690 Target 3: 68,490 Stop-Loss: 27 pips Risk: 0,5% - 1% Risk-Reward: 2,50 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
GBP/USD BUY IDEAHey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation. GBP/USD: Daytrade-Preparation Waiting for a breakout of the flag-pattern. Pound pretty strong vs DXY! Market-Buy: 1,30610 Stop-Loss: 1,30125 Target 1: 1,31070 Target 2: 1,31380 Target 3: 1,31750 Target for One-Target-Trader: 1,31380 Stop-Loss: 48,5 pips Risk: 0,5% - 1% Risk-Reward: 2,33 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
1
CAD/JPY SELL IDEAHey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! CAD/JPY: Day-Swingtrade-Preparation Notice: Aggressive manageent as we execute ahead opening! Markt-Sell: 79,925 Stop-Loss: 80,170 Target 1: 70,690 Target 2: 70,560 Target 3: 79,310 Target for One-Target-Trader: 70,560 Stop-Loss: 25 pips Risk: 0,5% - 1% Risk-Reward: 2,52 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
1
DXY has a DECISION to make!Hey tradomaniacs, tough week ahead with a lot of risky events which will drive the market crazy! Election debate, further stimulus packages and Non-Farm-Payrolls... uff! "Investors might have been growing increasingly impatient with a lack in expediency of additional US fiscal stimulus. At a congressional testimony, Fed Chair Jerome Powell stressed the need for further support from the government. Still, volatility cooled into the end of the week. The VIX ‘fear gauge’ failed to accumulate material upside momentum. Might volatility pick back up? This coming week is certainly filled with event risk. All eyes will turn to the US House of Representatives where the chamber may vote on a $2.4 trillion fiscal package. This is as Donald Trump takes on Joe Biden on Tuesday during the first presidential debate ahead of what is likely to be a tense election come November." "The Euro has been seeing some selling pressure, particularly as coronavirus cases in parts of Europe pick up pace. Might the British Pound regain some lost ground as the EU and UK head into another round of Brexit talks? All eyes at the end of the week turn to the US non-farm payrolls report. Chinese manufacturing PMI will also be watched to gauge the health of global growth." Why so uncertain? Well there are bearish aswell as bullish aspects to see in the chart! Bearish: Cycle-Analysis Double-Top-Pattern Breakout of Channel Potential Wave-Continuation (c) Breakout & Retest-Scenario Bullish: Previous close above Resistance-Zone Strong momentum to the upside SPX500 in downtrend and TL Wave (c) could be finished FAN-LINE holding No idea what is gonna happen! I guess it will be up to the upcoming decisions! :-) LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
TVC:DXY
by Trading2ez
9
USD/CAD SELL IDEAHey tradomaniacs, welcome to new free trade-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! USD/CAD: Daytrade-Preparation Market-Sell: 1,32280 Stop-Loss: 1,32750 Target 1: 1,31875 Target 2: 1,31550 Target 3: 1,30950 Stop-Loss: 47 pips Risk: 0,5% - 1% Risk-Reward: 3,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
1
NZD/USD could move DOWNHey tradomaniacs, looking at the key-levels of NZD/USD it looks like we are finding a decent rejection. If the weekly-candly closes below the resistance-zone and Trendline we could see at least another pullback down in order to see a healthy trend upwards. Still concerning is the current fundamental situation which is in fact more than chaoctic. The real economy does not look as good as the stock-market prices in and Jerome Powel recently clearly emphasized that the recovery of the economy would take longer than the market expects. (V-Shape). Now this divergence between the real market and the stockmarket is more than alarming and we can expect to see another risk-off-sentiment as this is a typical "housewife" market every retailer wants to be invested in, which is obviously taking out liquidity for the big players to go long or even providing liquidity for the short-stacking algos. #FEDBUBBLE A risk-off-sentiment would cause a drop of NZD aswell as AUD. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
7