analysis NAS100hello traders , if you have miss the retracement, here potential sell point or retest for you to enter but be mindful that election might effect the market. these are possibilities, thank you for reading !
Reentry
Update on USDCADThe Stoploss was hit on the first trade. However this was only due to a misjudgement on the area of bounce before the up move. Re-Entered the market when the stop-loss was hit and aimed for TP1 Which was hit for a 60pip movement!! :) :)
Sometimes you gotta be aggressive with the market.
Look at the Fractals and RSI: CAPR will Dip to $5.50 RangeRight now, I think CAPR still has ways to go prior to the swing pre-entry. It is close to meeting the expected charting target for a short than rebuy. I reiterate the point I have said in the past few days. The fractals and RSI being bearish for the current trend point also makes it seem obvious. As always, please do your own due diligence. Everything I say is on an opinion based basis. Please proceed at your own risk.
DGSB : Re-entry BUY chanceI prefer a 4hour timeframe for analysis due to strong confirmation in trend.
However, we must practise the top-down analysis, analyse the market phase..identify the reversal candlestick, volume, fundamental etc..
Market moving in chaotic behaviour..it will never be easy.
This counter has been breached the resistance..
Re-entry Trading Plan :
1. We looking for the price retrace at fibo 38.2 ~ 61.8.
2. Price rejects EMA's but must above SMA50
3. Ultra-low volume is the key area to enter the market.
4. Bonus if Stochastic is overbought.
5. Exit if price counter the plan.
Nailed the Short In BOEING! But not before... - 06/16/20 RECAPHi traders,
Sometimes a re-entry after a shake-out is a good idea. And sometimes you lose even the second time because the market starts dropping, taking most of stock with it. Well, nothing you can do!
At least Boeing made me most of lost money back ;)
Trades:
1) CAR - LONG @28.52, -1.11%
2) CAR - LONG @28.51, -1.25%
3) BA - SHORT @199.89, +1.90%
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.*
Total PnL for the day: +0.47%
Total PnL for the week: -0.06%
Good trades,
Tom | FINEIGHT
Potentially Green Day Turned Red - Here's WHY - 06/10/20 RECAPHi traders,
Murphy says the very next time we decide to do something, it won't work. That's what happened to me on Wednesday as I re-entered Citigroup after missing a re-entry on Tuesday in PTON. Aaand ended with 2 losses. The day was even more painful because in UNFI I spotted 2 good opportunities - both of which worked - but did not get filled. A nice profit ended up in a loss. But all I can do is to readjust and try better next time!
Trades:
1) CSCO - SHORT @47.39, -0.14%
2) C - SHORT @56.98, -1.02%
3) C - SHORT @56.99, -1%
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.*
Total PnL for the day: -2.16%
Total PnL for the week: -2.05%
Good trades,
Tom | FINEIGHT
USDJPY RE ENTRY! USDJPY Sells re entry! already in sells!
Please be careful when entering.
First trade was b/e thats why we are re entering!
Looking to gain 1:6 RR
Posible Reentry With price finding a resistant, we can look for a retracement in previuos support and waiting for the engulfing for a new entry. EU Longs
EOS USD Secret Re-Entryzones LeakedDue to the lack of chart saving options I accidently leaked my next month Secret Re-entry zones.
Please forget you ever saw these and continue doing whatever it was you where doing.
Just pretend this never happend.
ETHUSD Re-Entry pointMr. Pips RSI Add-On says ETHUSD is Overbought. Expect a retrace before a re-entry long. Info is on the chart. Drawings are just a general idea of price movement. The important thing to focus on is the Price area to re-enter.
Mr. Pips Quote of the day:
"Man is a Tool-using Animal. Without tools he is nothing, with the right Tools he is all!!!"
Mr. Pips wants you to have a blessed and profitable day!
HAPPY THANKSGIVING!!!
Disclaimer: All information provide by Mr. Pips and IgetPips.com is for educational purposes only and is not intended to be trading advice or trading consultation. You are responsible for your own personal finances and trades!
BTC Re-Entry PointMr. Pips RSI Add-On says BTC is Overbought. Expect a retrace before a re-entry long. Info is on the chart. Drawings are just a general idea of price movement. The important thing to focus on is the Price area to re-enter.
Mr. Pips Quote of the day:
"Man is a Tool-using Animal. Without tools he is nothing, with the right Tools he is all!!!"
Mr. Pips wants you to have a blessed and profitable day!
HAPPY THANKSGIVING!!!
Disclaimer: All information provide by Mr. Pips and IgetPips.com is for educational purposes only and is not intended to be trading advice or trading consultation. You are responsible for your own personal finances and trades!
BTCUSD Re-Enter short hereMr. Pips says a good BTCUSD re-entry short is at 8670 or 8805 depending on the level of risk you want to take on. Message me for 24 free access to my indicator.
Mr. Pips' quote of the day:
"You're either Pippin or getting Pipped!"
Disclaimer: All information provide by Mr. Pips is for educational purposes only and is not intended to be trading advice or trading consultation. You are responsible for your own personal finances and trades!
EURUSD long reentryI got in this trade too early last week and NFP took me out. Original analysis is on my page but I will be looking to reenter this pair with DXY showing signs of weakness and EUR showing strength. Before entering this trade I need price to break and retest 1.1270 and the TL before looking to go long for 160 pips risking only 40. My analysis tells me price is going to create a new higher high at around 1.1450.
CADJPY long- reentry After a bear spike taking out my previous cadjpy long trade at breakeven I have found a re-entry.
Reasons for re-entry:
Spike tested 4H 50ema which is currently a dynamic resistance.
Retesting broken daily descending channel.
50% retracement from previous 4H swing low.
4H body closure above channel.
The 1.618 fib also lines up perfectly with my previous take profit target which leads me to believe this trade should play out nicely...
My trade:
BUY CADJPY @ 82.80
SL @ 82.40 (40)
TP @ 83.90 (110)
Risk:Reward = 1 : 2.75
TRADING SECRETGA is approaching some key levels really fast with the big bullish run last week this level is 1.88414 and this has not been reached since June 2016 nearly 3 years ago, current price is only 60 pips off this level.
Now there are correlating pairs that we look out for when trading and most of you might not even know that when these pairings move in 1 direction others also move... So we are going to let you into a trading secret ;p
Ok so as GBP gets stronger the UK100 ( British stock market ) gets weaker ( and vice versa ) , This is to do with foreign investors not wanting to import things from the UK into there own country because when GBP has strength these investors have to pay more for the goods and loose out on profits.
UK100 is nearly at a support level so we can see a bounce higher, this would weaken GBP.
Also when GOLD prices are up this pushes the price of AUD up as Australia is the 3rd biggest producer of gold in the world, The more gold it produces the higher the AUD price will go as it exports most its gold therefore investors pay Australia in AUD.
Gold is quickly approaching a key resistance level.. but with loads off bullish power so we are expecting this level to break and gold make a push higher.
So overall Gold strength would lead to AUD strength and UK 100 strength would lead to GBP weakness... So the only way we see for GA is down.
I hope you took all that info in as there is a lot to digest, but I also hope you took something away from this post and learned some key lessons that you will implement in your future trading.
XBTUSD ReEntry zone IF missed first chance to LONG 'Ladder' LONG position from :
$5190-5155
SL: 5101
TP1: 5470
TP2: 5500
TP3: 5550
xhvbtc - posible re-entry positionLooking at the charts this could be a possible reentry point for the next wave.
Should find some strong support here
rsi looks good
exp is positive
XLMBTC Stellar Lumens point of Re-EntryLast post about XLMBTC:
Disclaimer:
Sold half at 4193, another half at 4336
Now it becomes quite clear that it enters into another downward cycle after the boost
(MACD DIFF downtrend, %K %D reversal, RSI falls after peak)
(Of course it could go up again but seems less likely)
And we will have to find the next re-entry point, as XLMBTC is still bullish to me:
1. 9EMA holding above and supported by 50EMA for quite awhile
2. RSI / MADD / KDJ still no bearish divergence shown
To predict the next re-entry point, we try to intersect:
1. The trendline (troughs)
2. The 50EMA
Where we get somewhere between 0.000037 and 0.000038.
Please like and follow if you find this useful!
TLRY - might be time for a pullback, reentry targetCrazy run up, wish I bought in earlier. But looks like a good time to take a little profit, with an aim for reentry around the 50MA (blue line) and the Yellow Kijen line. I put Pink squares around areas
around areas of interest where the pattern repeats, it seems to have played out a few times already.
NZDUSD 4H RANGE LONG TRADE6575Price bounced off bottom of range
My 1st entry was @ .6575
For a re-entry wait for a 15m bearish pullback
My take profit is at .6629
Macd has been over sold on Macd/Stochastic
Macd blue line crossed above red line for bullish bias
