XLM IDEA, POSSIBLE 25% GAINSXLM has broken back above old support. History shows us that every time it has reached the above resistance. If it was to retrace and show that it held support, then I would take the long to the above resistance. I will update if the opportunity arises so make sure to follow!
Profits
SasanSeifi 💁♂️FTM/USDT 3D UPDATE✅ 55%😍🔥🔥HI TRADERS✌ As I expected. In the long term, after the correction, the price faced buying pressure from the 0.30 range and was able to grow more than 50%. 😍🔥🔥✅
Currently, the price is trading in the range of 0.45.
If the candle closes above the 0.44 range in the 3-day time frame, the possibility of price growth up to the 0.52 / 0.57 / 0.66 range can be considered.
We have to see how the price will react...
Maintaining the 0.30/0.33 range is important to continue the positive trend.
❎ (DYOR)...⚠⚜
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NAS100$NAS100USD After looking at QQQ and it breaking through the "Gap Fill" to the upside and the DXY being weak i'm looking for NAS100 to also continue to move to the upside.
My bias is long.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
Breaking the Range: Bitcoin's Path to Profit in 2023. Liquidity for Bitcoin price to move out of it's range has been engineered and now apparently we are going to see a move up. On its way up, BitCoin will clear the all the buy and sell side liquidity sitting in the zone of $27800-$32350, an area marked in green, before tapping into the imbalance block created by the bearish price action.
The Imbalance Block is sitting at the range from $34k-$35k, which is my take profit area.
Happy trading. Keep supporting.
Ways to achieve greater profits
It's not necessary to use heavy positions or hold onto trades in order to achieve greater profits. I want to emphasize the dangers of these two approaches again. Heavy positions - the most direct manifestation of this in the market is that even if you are in a relatively good position, once you are stopped out, the heavy position can lead to significant losses. Of course, it must be acknowledged that if you can correctly predict the direction, it can also bring significant returns.
However, when weighing the two approaches, preserving capital should always be the first principle. Holding onto trades is even riskier. Once you encounter a one-way market, if you keep adding to your position, the result will be huge losses or even blowing up your account. Therefore, both approaches are not advisable.
The correct approach is twofold. First, operate in markets with larger formations, using staged profit-taking and setting trailing stops to take advantage of greater market space with zero risk. By holding for the long term, you can maximize profits.
Second, as the market continues to move, add to your position appropriately in situations where you already have profits, and then set stop-loss orders to protect your capital. For example, if you sell at the upper bound and the market later falls below the lower bound, the entire formation will turn downward.
We understand that there is still a lot of room for the market to run, so if you have profits from your sell order at the upper bound and the formation begins to turn downward, you can use additional orders and stop-loss orders to hold onto the position with zero risk, thereby maximizing profits.
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Two methods to ensure no loss of principal
There are only two ways to avoid losing capital: one is to have a small stop-loss space (reflected in the entry position), and the other is not to bet too much at once. For example, buying one lot with $10,000 can earn $1,000, and buying ten lots with $100,000 can earn $10,000. Although the probability is the same, the more you do, the more you earn, and the less you do, the less you earn. However, controlling losses should be the top priority. As discussed earlier, if you buy too many lots this time and get stopped out, it will result in a big loss, which violates the principle of capital preservation.
Some traders become increasingly greedy after making profits and then add more positions. A typical behavior is adding positions. For example, if you bought 10 lots at first and then made a profit in the expected direction, the trader would blame himself for not buying more at the beginning. Then, he would begin to imagine that the market would continue to move in the expected direction and invest most of his capital in this product, let alone any correct practices such as taking profits in batches.
After you add more positions, it means that the cost has changed. Once the market reverses slightly, you will go from being profitable to losing money. At this point, you panic, lose your ability to think, and greed slowly turns into hope. You hope that this is only temporary, but the losses increase every moment. Perhaps you will have some luck a few times, but it won't be long before there is a risk of a big loss or liquidation.
It is important to understand that becoming rich cannot be achieved by just one market movement, so don't be obsessed with this one time. Greed makes people forget about risk, and don't always imagine that the market will move in the expected direction, ignoring the risk of the opposite trend. This is the key to keeping your capital out of danger.
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Adding to my btc prediction long termNot sure how to add charts to existing published ideas so making this separate for now, which is just another indicator to use for my point of view and perspective, is the 3day anti gartley formed for anyone into harmonics trading, although I personally do not use them much, but do believe on a more macro chart such as this 3day that they do have some significance, esp when used in confluence for everything already mentioned in my main BTC prediction using fib circles, and fib channels. This ant gartley shows a take profit amount of $9.5k which would perfectly align with my main chart and would be almost pinpoint precise to my exact main target prediction which would take out that CME futures gap that I so strongly see us retracing to as the final bottom of this bear market. Therefore, lets rock n roll and see how this thing plays out over time, accumulating the final bottom sometime very close to our fall equinox. Godspeed and goodluck making that money
Correction continues Yesterday we saw a hold on the EURUSD and there is no basis for new trades at the moment.
For selling, we will look for a correction to 1.0600 and a pushback.
Jobs data is due tomorrow and could trigger a move to provide an entry opportunity.
We are currently not trading EURUSD and are awaiting developments.
We are looking at current opportunities in the GBP crosses!
SasanSeifi💁♂️AUD/NZD.6H UPDATE🔥😍✅ 127 PIP HI TRADERS ✌As you can see, according to the scenario, the price was able to correct about 127 pips up to the correction target range of 1.087/1.084🔥✌. It is currently trading in the range of 1.084. We can expect a positive reaction from the range of demand zone.It should be seen how the price will react to the specified ranges. Otherwise, if the price penetrates below the range of 1.074 and stabilizes, the possibility of further correction can be considered.
❎ (DYOR)...⚠⚜
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SasanSeifi 💁♂️CHZ /USDT UPDATE🔥83% 😍✅From the range of 0.83
HI Everyone ✌ By examining CHZUSDT in the Weekly time frame, As you can see According to the latest analysis, the price faced buying pressure from the range of 0.080 and was able to grow by 83% to the range of 0.1890. 🔥✅
Currently, in the long term, the price is gathering volume in the range of 0.13. We can expect the price to grow again to the range of 0.1890 after the fluctuation. We have to see how the price will react.Otherwise, if the price penetrates below the range of 0.12 and stabilizes, the targets of 0.090/0.082/0.058 can be considered.
Keep in mind that for a positive trend, it is very important to consolidate above the 0.1890 range and break the descending channel.
❎ (DYOR)...⚠️⚜️
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SasanSeifi💁♂️EUR/AUD .4h Update 175 pip✔🔥🔥😍✌HI TRADERS ✌According to the latest analysis, as I expected, after a slight correction from the 1.55200 range mentioned in the previous analysis, the price faced buying pressure and was able to grow by about 175 pips.🔥✌The first target was touched at 1.56500.✔ It is currently trading in the range of 1.56700. We can still expect price growth up to the second target range of 1.57500. The previous analysis is still valid.
❎ (DYOR)...⚠⚜
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gbpjpy analysis - 27 feb 2023so here's what i see...
- market has been forming HH and HL on higher timeframes
- market is currently showing signs of breaking through the previous HH
- so i'll wait for market to retest that level of the previous high which will be the new HL if it does not i do not take the trade
- but as with other trades there is no 100% guarantee with my predictions
DAX MeltdownLet's get ready for mayhem in the coming weeks, the DAX topped out last week and we're starting to build to the downside. We're expecting a very sharp move downwards and are already short from the turn, but will be looking to add more shorts upon a minor wave 2 retracement. Exciting times lie ahead and we think there's going to be some great opportunites to make some serious money in the weeks and months ahead. Come trade with us and ride these waves!
CAD/JPY Absolutely 0 Drawdown +130 Pips Did You Use My Analysis the main downtrend line on CAD/JPY was broken strongly and the price managed to make a higher high and a higher lo
if we focus on the new trendline we will see that the price is in the new wave of making higher low
we can for the price action around the trendline and also we can use the fib tool to enter a buy trade
Nat Gas Accumulation TimeWe're coming in to a zone near the $3 mark where we belive it would be prudent to start accumulating long positions in natural gas. Using Elliott Wave anaylsis in conjuction with fundamental analysis we're pretty certain there's a huge upside to natural gas. We're unsure as to whether this will be a wave 3 or a wave C to the upside, but ultimately that doesn't matter as both will provide us with an upside target of at least $10+. Fundamentally there will be a bigger surge in natural gas demand as it has become evident that the world is not ready for renewable energy to support our power needs (if it ever will be able to support us entirely) so 'cleaner' fuels such as natural gas will be used in the immediate and near term to meet the global energy demands. As always with trading we don't need to know everything, we just need to be on the right side of the movements to make money and we're pretty certain this is going to be a huge move to the upside in the coming weeks and months.
Price Study: Engineering LiquidityStudy the action of price on this day and pay attention to the time. This sort of thing happens every day, multiple times a day, on all time frames. Sometimes there will be different components but we all have to start somewhere. Reference the chart where i have labled key points. Let me know if you find any other good wisdom or signs that this would happen that i did not notate. Cheers everyone.