SEI - Altcoin Setup 16.07.2024I longed some SEI with low leverage, spot is also possible as this has a wider stop loss. I have been talking about this kind of reaction after the latest pullback in the last live stream and SEI was moving very well after this.
We flipped the resistance and the bearish structure and got the retest and thats my trigger there. ✅
Scalping
ICT Long setup GBPAUD👋Hello Traders,
Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Long setup in
GBPAUD for session trade (a couple of hours)
Please refer to the details Stop loss, FVG(Buy Zone),open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
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ICT Long setup NZDCHF H1 chart👋Hello Traders,
Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Long setup in
NZDCHF for session trade (a couple of hours)
Please refer to the details Stop loss, FVG(Buy Zone),open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
ICT Long setup H1 chart HK50👋Hello Traders,
Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Long setup in
HK50 for session trade (a couple of hours)
Weekly chart is in down trend!! So that you couid wait for a reversal to downside as a Swing Short trade after this upward pulse alternatively!
Please refer to the details Stop loss, FVG(Buy Zone),open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
USDCHF: Recent Trendline Breakout, Temporarily BullishPrice has recently broken out of the (D) descending channel. It then pushed up to meet the (D) 50% Fib retracement level and proceeded to the downside to retest support. The price has now broken out of the (4H) downtrend line. I anticipate the price will retest and reject this level of support, and temporarily continue to the upside.
**Rationale:**
L1:
~ Break of channel (D)
L2:
~ Retest of support (D)
~ Impulse wave completion
L3:
~ Break of trendline (4H)
~ Retest of support
**Disclaimer:**
My trading ideas are market predictions and therefore should be viewed as such. As an intraday trader (scalper), I use my observations to identify potential trade opportunities on the higher time frames. I then aim to pinpoint key entry points on the lower time frames. Entries should always be verified by additional confirmations.
** Annotations:**
Categories:
1. Naming: (N1)
2. Labeling: (L1)
3. Forecasting: (F1)
Sub-categories:
1. Naming: (N1.1)
2. Labeling: (L1.1)
3. Forecasting: (F1.1)
---
#scalping
#intraday
Long-Term Position on BTC Using CRYPTOCHEATER BTC 15min IndicatoToday, I am making the decision to go long on Bitcoin (BTC) on the 15-minute chart, based on the signals from my CRYPTOCHEATER BTC 15min indicator.
Action Plan:
Opening Position: Enter a long position at the current market price.
Stop-Loss: Set a stop-loss below the MA20 to minimize potential losses.
Take-Profit: The target value will be determined based on price dynamics and resistance levels.
Note: Trading cryptocurrencies involves a high level of risk, and each trader should conduct their own analysis before making trading decisions.
$NVDA might fall +10% after stock splitMy prediction is that the stock will fall after the stock split, similar to what happened with NASDAQ:TSLA , which retreated 30% under similar circumstances. However, this dip only lasted a week or so, indicating this is a quick scalp opportunity. It might be a good idea to wait for NASDAQ:NVDA to surpass NASDAQ:MSFT before making a scalp trade.
AUDUSD: Multiple Rejections, Potential ReversalPrice has recently rejected this level multiple times. As-well-as multiple rejections and long-wick candlesticks, we have a rounding top chart pattern. I anticipate price will continue to reject this level and eventually breakout of the uptrend line, suggesting a bearish bias.
**Rationale:**
~ Area of resistance
~ Multiple rejections
~ Long-wick candlesticks
~ Rounding top
~ Break of trendline
---
**Disclaimer:**
My trading ideas are market predictions and therefore should be viewed as such. As an intraday trader (scalper), I use my observations to identify potential trade opportunities on the higher time frames. I then aim to pinpoint key entry points on the lower time frames. Entries should always be verified by additional confirmations.
---
#scalping
#intraday
#daytrading
ICT short setup GBPCHF Session trade and Swing trade👋Hello Traders,
Our 🖥️ AI system detected that there is an H4 or higher timeframe ICT Short setup in GBPCHF for Swing trade.
Please refer to the details Stop loss, FVG(Sell Zone),open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
Scalp - Gold goes sideways on US holidaysGold held steady around the $2,330 per ounce mark on Wednesday after declining in the previous session, as softer-than-expected US retail sales data strengthened expectations of imminent Federal Reserve rate cuts. Retail sales in the US rose by 0.1% in May, following a revised 0.2% decline in April, missing the 0.2% forecast and signaling cooling consumer sentiment. Meanwhile, Fed Bank of New York President John Williams stated on Tuesday that interest rates will gradually decrease but did not specify when the central bank will begin easing monetary policy. Investors are now focused on weekly jobless claims due Thursday and flash purchasing managers' indexes on Friday for insights into consumption and economic strength.
The price line has not changed yet.
Although yesterday's news contributed to the rise in Gold, today's slight increase could still continue despite the Bank Holiday and important GBP News in the European session.
H4 price range is getting smaller 2334-2306 waiting for a break. But with bank holidays, you should be more careful to avoid false breaks.
🔴SELL GOLD: 2348 - 2350, SL: 2354
🟢BUY GOLD: 2307 - 2305, SL: 2301
Note: Zone 2300
⛔️Breakout: 2334 - 2305
🔼Support: 2324 - 2315 - 2306 - 2300 - 2291 - 2286
🔽Resistance: 2334 - 2340 - 2350
GOOD LUCK EVERYONE👍
AUDUSD Multiple Rejections of Support In this analysis, I'm examining a consolidation pattern. Price is showing signs of rejection, and therefore has the potential for (temporary) long positions.
AUDUSD has been consolidating within a rectangle pattern (on the 4-hour chart) for some time. Price has previously rejected support on multiple occasions, suggesting it may do so again.
We have observed a long-wick candlestick rejecting the key level of support and a breakout of the downtrend line. I will be closely monitoring price for a trend change confirmation, specifically looking for higher highs and higher lows.
---
At Forexity: my trading ideas are market predictions and therefore should be viewed as such. As an intraday trader (scalper), I use my observations to identify potential trade opportunities on the higher time frames. I then aim to pinpoint key entry points on the lower time frames. Entries should always be verified by additional confirmations.
---
#scalping
#intraday
#daytrading
Memecoins are great for Catching Knives: Honest ReportWe've seen memecoins holding top positions in exchange top lists of symbols traded by volume as well as being all the rage in the news for quite some time. I decided to launch my AlgoTrading System into the uncharted territory of memecoins, and the results surprised me.
Based on a month's worth of trading data, memecoins have shown excellent mean-reversion characteristics compared to other altcoins that my system has traded before (such as OP, INJ, ARB, and many others).
During market downturns, memecoins tend to exhibit stronger price rebounds from significant horizontal levels compared to other coins. In such instances, price action demonstrates notable upside momentum, indicating high demand.
This characteristic makes memecoins a favorable asset for high-probability long-only scalping strategies and setups.
Why long only? This is the second topic I wanted to touch on. Let's look at BONK: it's market maker is GotBit - a russian company which is one of top world leading market makers. In the recent year their CEO Alex Andryunin started to appear on many podcasts and interviews (in russian language).
In an interview, he literally said that they made a significant profit by liquidating SHORT traders. Although I am not an expert in the relationship between market maker firms and exchanges, I believe MM firms receive some kind of reward or incentive for each liquidation. So, when retail traders were not confident that the price would increase (or after the market maker "drew" this message in the chart), more and more people were opening short trades. Once a critical mass of open interest was on the books, GotBit was able (possibly, not trying to accuse anyone!) to push the price up. Retail traders were then trapped, and given the sharp price movements in memecoins, they were slow to take the loss by exiting, so many people were liquidated.
More and more people look at the chart and think, "These short traders are getting REKT! Now it's time to short. The market maker got his prey, so the price will reverse!" And a new group of traders hop on that wagon...to HELL :)
This is just my theory. It could be that memecoins are so interesting for long scalping setups because market makers are more interested in short sellers.
I don't like when people only talk and provide no proofs. This is trading after all, so where are the trades, right? Here you go!
I think it proves the point, so keep an eye for long bounces on MEME coins!
Thank you for your time reading this article! I hope you found some insight in this information.
And what do you think? Let me know in the comments!
Crude Oil peaks on OverSupply of Commercial Held Barrels?Hello Traders.. Today Crude Oil went up and up and up and was beginning to resemble a small cap crypto.. this was until US Inventories data release showed an oversupply of 2/3 items. The number of barrels held by Commerical firms was forecasted to decrease by -1.2 million barrels in this weeks readings. Maybe this is why we saw crude hiking up and up (+1.15$) throughout Asian session and London session. The Actual reading, released 30 minutes prior to London close, showed an increase in the number of barrels held by commercial firms. 3.7M is the number. This increase is signnifcant , especially since the last 4 releases have been forecasted to show a decrease in the number of barrels held . With an oversupply, price naturally dropped , abiding to the laws of supply and demand. In our previous forecast we were anticipating a retest of 77.8 and consequential increase. We indeed observed this after price dropped dramatically. We saw 77.8 1Hr Zone hold firm. The Monthly, Weekly and Daily timeframes are still screaming buys and I'm still thinking there is some momentum bullish in the market. These are the prices that I like for scalping in the upcoming sessions. 78.80 1hr zone, 77.8 1hr zone. 77.30 is target for sells for upcmoming session while 79.25 is the target for longs in the upcoming sessions.
Crude Oil : Monthly candle flips bullish Hello Traders. The Daily Range today on Crude Oil was 2.89$. This is in the top 10% of the 113 Daily candles that we've observed so far this year for Crude. Quite the move to the upside to begin the week! We mirrored the move bearish from the previous week, which happened to be on Monday as well. The monthly candle managed to flip back bullish as we kickoff the second week of June. After tapping into 72.58 Weekly support level last week, price jumped up. We hadn't seen this price since Jan/Feb of this year and so mpt surprised to see Bulls step in an push price up. Interesting to note that the Daily candle today failed to close with a top wick. This signals some profit taking and exhaustion based off my analysis. Additionally, ever since the new daily candle opened, price has been pulling back down. Tuesday is starting out bearish.. will buyers step back in? Where could they? These are the prices I like for the upcoming sessions.
Nifty Institutional levels | Intraday 4-JUNE-2024 | 9:15 IST#Optionbuyers
#Niftyoptionscalping
🚀Get ready to explore live options trading with me, where we Trade in real-time analysis and predictions for Nifty. 💼💰Don't miss out the chance to turbocharge your portfolio and achieve your financial goals!!!
1) Zones you always Like:-
Green zone- institutional support
Red zone - institutional resistance
Gap between institutional zones is always of 100 points
Zone making is helped by pivot points and Fibonacci
Advance version of price action
2) Trade Execution:-
Trade based on order flow data
Timeframe - 1 min
Risk Reward Ratio always 1:2
Strike price always ATM & slightly ITM
Position sizing
3) House Rules in trading:-
Sharp at 9;15 AM
Priority to risk management
Fast execution (morning breakfast)
Stop-loss 10 points (strictly)
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EurUsd Lower ahead of Next weeks Eur Rate Cuts?Usd strength! After those talks of Eur rate cuts next week by Euro central bankers. Lower rates means less monies flow into the Eurozone for the Carry trade. USD is taking advantage of this and strengthening. Look at that shooting star candle on the Daily timeframe. What a pre-cursor to a massive selloff on the Eur today. The price action was giving us hints as to what would eventually occur. If you go look at our previous posts from early in the week , we talked about the clean range to the downisde on EU and bam we just filled the range down to 1.08147 Daily level and have exceeded it by another 20 pips. We have our next key level at 1.0768 Daily support level. I'm anticpating more downside these next sessions but we may observe some shakeout volatility first. Safe trading
ICT Long setup scalping BTCUSDT👋Hello Traders,
Our 🖥️ AI system detected that there is an ICT Long setup in BTCUSDT for scalping.
Please refer to the details Stop loss, FVG(Buy Zone),open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
Dollar Strength today but 1.08455 Bounce? EurUsd // Hello traders! EurUsd went down today which we were not expecting. We were anticipating more of an increase in price for a few reasons. 1) Monthly candle is bullish 2) Buy the rumor of cutting rates for the Eur on next weeks announcement 3) The weekly candle last week closed above weekly support level 1.08361. However, as always, we plan for both scenarios for our Intra-Day trading approach and so we actually suggested potential sells off 1.08845 .. the Daily Resistance Level! So we are not surprised to see that the market created a Daily high this week at this price level. We called out longs from the weekly level, 1.0867 , which played out very well for a continuation trade 1 hour after London open. The Daily Candle just closed a shooting star candle, rejecting the Daily Resistance zone, 1.08845. Thus far, the new daily candle has pulled down in line with this sell pressure. If you observe the last 4hr candle of the previous daily candle, this was the clue that the market provided us for this nice move down during Asian session. The weekly candle right now has no body and has a much larger top wick, denoting rejection to the upside. In the short term here I can observe a bounce from our strong 4hr level 1.08455. How will this level sustain, not sure. I like scalp buys the most with a 1hr confrimation candle rejection from the weekly level 1.08361. I also like sells from 1.08606 1hr level and our weekly level 1.0867. The other levels can very well be relevant and so we must remain flexible in our bias of the markets direction in our short term approach. Not Financial advice. Safe Trading.
EurUsd Higher on ECB Rates Cut Rumors 🗿Hello traders! EurUsd has wasted no time and is seeing some buying pressure to kick off the week. We are 31 pips from the previous weeks high price as the Eur is being bought ahead of next week's Interest rate announcement by the ECB. Apparently the central bank will be cutting rates and so the market is moving on a "Buy the Rumor and Sell the news " sort of flow. How far can we pull up ahead of next week's announcement? Well we are already up 31 pips.. and our next weekly resistance zone is at 1.09427, or about 63 Pips away. I cant see why not, on this buy the rumor sell the news kind of flow, that we could reach that price level. The monthly candle is bullish after all and we are rejecting the monthly support level . So 1.09427 is our weekly bullish target. For the Short term, I liken pullback scalp buys off 1.08672 or scalp sells off 1.08845 daily level and 1.08945 4hr zone. The Daily candle today closed bullish, in line with the previous Daily candle from Friday.. which was a solid bullish candle in of itself. In our previous analysis, we were biased towards sells but after what the ECB policymakers are saying and the price action so far this week, we must remain flexible in our approach. We did suggest some places to look for longs in our previous analysis and did indeed callout potential longs, in advance, from the daily low of today at 1.08420 1hr support zone. The link for that analysis will be below so go check it out. Otherwise, safe trading everyone!