LTC Long with Tragets and Invalidation-LevelIt's quite self explaining.
I'm looking for a long or short at breakout/breakdown-area.
Bull Targets = grren arrow
Bear Targets = red arrow
Always remember to be patient and let the chart show you the direction.
And super important: Always use stop losses .
If you have questions don't hesitate to ask.
Cheers
Darking Duck
Short-setup
UK100 // DAX30 - LIVE TRADING - STAY TUNED FOR THE UPDATES Pay attention to the updates section as I will be posting when I will be entering my trade.
Please follow and do leave a like if you enjoy what you see want to see more live trading :)
The analysis is made based on order flow using Volume Profile + EW.
**THIS POST IS PURELY FOR EDUCATIONAL PURPOSES AND MY TRADING DECISIONS ARE NOT TO BE TAKEN AS PERSONAL TRADING / INVESTMENT ADVICE
Short Options Trading: AIMC Buy Put $33 Exp: 7/19 Understanding The trade:
As an options trader my goal is to identify trend change and utilize a breakout strategy to leverage profit off of major trend changes with minimal risk. Even though this contract does not expire till 7/19 I will be looking to take profit by early July as the rate of decay factor starts to come into play as the contract approaches expiry. This should correlate nicely with the Fib Retracement lvl 5. If you have any questions, please feel free to comment below and follow. Thank you and trade safe.
Reasons For Trade:
• Rejection off the May 19th high of 37~38 lvl
• Broken upward channel (1D chart May 23rd -June 21st)
• RSI Rejection of 2 previous highs
Trade Parameters:
• Broker: Robinhood
• Cost For Entry: Free
• Contracts: 4
• Entry Price: .2875
• Risk: $115
• Reward: $115
• ROI: 100%
• Risk/Reward Ratio: 1:1
Short Setup on EUR/AUD - Top and Bottom Analysis4H CHART EXPLANATION:
Price left a great bearish candlestick at the zone of potential revertion. Also, there is MACD Bearish Divergence between the previous Higher Highs. We expect a downside movement towards the Support Zone, and if it is broken then it has potential to reach the Ascending Trendline.
MULTI TIMEFRAME ANALYSIS:
-Daily:
-Weekly:
FOREX - INTRADAY LIVE TRADING - STAY TUNED FOR THE UPDATESPay attention to the updates section as I will be posting when I will be entering my trade.
Please follow and do leave a like if you enjoy what you see want to see more live trading :)
The analysis is made based on order flow using Volume Profile + EW
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Trade Idea on BTC/USD - Short Setup by ThinkingAntsOk1H CHART EXPLANATION:
Price is currently making a bearish corrective structure, so if it is broken, then it has potential to reach the support zone. In the 4H chart is explained the macro movement that we expect, but the short term trade is the explained at 1H chart.
4H CHART:
"Top and Bottom Analysis" USD/CHF by ThinkingAntsOk4H CHART EXPLANATION:
We observe that price started a strong downside movement after bouncing at the top of the Weekly Wedge Pattern, making two corrective structures on the way that allowed us to enter the market. Now, it has broke both the Bottom of the Wedge Pattern and the Support Zone, so we expect a corrective movement to continue the main direction.
Updates coming soon!
MULTITIMEFRAME VISION:
Daily;
Weekly:
Short Setup on EBAY by ThinkingAntsOk4H CHART EXPLANATION:
If price breaks down the Support Zone of the range, it has potential to start a downside move towards the Support Zone at 31. A few days ago it started to show weakness on MACD, as we can observe the Bearish Divergence while the price tried to make higher highs.
Daily vision:
Short Setup on USD/CHF by ThinkingAntsOkGood morning! Last week we took a trade on this pair at the breakout of the first corrective flag. At this moment that trade is still active, but the chart gave another setup with a second corrective flag, so we decided to post it again. The target remains the same as the first trade, being the Ascending Channel or the Fibonacci Extension level.
You can check the previous post on related ideas, and the Top and bottom Analysis also with a full explanation of the pair.
Daily vision:
FTSE100 - SHORT TERM SHORT - MEASURED MOVEThe FTSE100 appears as though it is forming a simple bearish flag formation. I would be a little cautious on looking at this as a Head and Shoulders formation, however it does look like we could be forming that as well. (leave a comment below letting me know what you think)
The move to the downside would be a measured move from the first leg down which was approx. 38 points.
*RISK DISCLAIMER*
None of the information on this post constitutes any form of investment advice. All of the opinions expressed are solely personal and are not a recommendation to trade any form of asset whatsoever. Online trading is extremely speculative as well as risky and you should therefore seek advice from a certified professional. Past performance is not indicative of future results.
Please follow and leave a like if you enjoy what you see and would like to see more :)
Short Setup on USD/CHF by ThinkingAntsOk4H CHART EXPLANATION:
In 4H timeframe, we observe that price tried to break and consolidate above the Ascending Wedge, but it couldn't.
After that price formed a flag corrective pattern below the support zone, did a pullback and now the pattern has been broke downwards. We are taking short positions here towards the bottom of the Wedge Pattern. Our stop loss is placed above the Resistance Zone (previous support).
DAILY CHART:
When the indicators align: Confluent reasons to suggest pullbackHi all,
It looks like Bitcoins well overdue correction is about to take place, let me share with you my thoughts...
1. Higher highs on price action with lower highs and divergence on Rsi.
This morning we had a strong attempt to breach resistance around 5690 regions which was quickly dealt with forming a lovely bearish rejection candle on hourly.
This was followed by another attempt to breach resistance, again swiftly rejected and ending up with significantly lower high on the Rsi and more bearish divergence.
This price action translated over to Daily intervals to show lower highs and divergence on the RSI
2. Impulse wave confirmed by RSI
We have and lovely and clear 1-5 impulse wave count that is confirmed by Rsi peaks.
3. Price action too far away from 55 and 200 emas.
This isn't the strongest indicator of a correction but its something to note, price tends to want to stick relatively close to the 55 ema and price is currently stretched away from it.
Here are my price targets
Very likely: 1. $5000, there is really strong support here plus it is 38% region of fib retrace.
Likely: 2. $4080 200-day ema and 50% fib. Two strong confluent reasons to establish that target.
Good Chance 3. $4550-4600ish. Bitcoin loves to correct to the 61.8% fib however due to the fundamental interest surrounding cryptos atm I am not sure if it will and if it does I don't expect it to be there long. Also, lots of strong emas around this level.
Let me know your thoughts :)
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
US30 SHORTAs you can see we previously saw price break our zones which hit our TP. Higher prices are being rejected we now are looking for the pullback.
lets see how the week ahead is going to look as we prepare a sell with the look at the market dropping down towards the 26000 level..
its a new week so lets catch some pips because
Everyday is Money Day!
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GBP/USD - 3 TRADES -> 2W & 1L -> NET +2.87% GAINHey everyone,
I was able to take 3 trades on the GBP/USD on Friday but didn't have the time to post them on the same day so here they are :)
I will be posting both the screenshot from my broker's platform as well as the 5m chart below so that you can clearly see the levels laid out. (cannot post an idea below the 15m TF and my trade was taken on the 5m)
Details:
Trade (1) - BUY
Entry @ 1.30525
Exit @ 1.30534
Trade (2) - SELL
Entry @ 1.31043
Exit @ 1.31051
Trade (3) - SELL
Entry @ 1.31150
Exit @ 1.31135
**NOTE THAT THESE TRADES HAS ALREADY BEEN TAKEN, IT IS NOT A RECOMMENDATION TO TRADE
www.mql5.com
Possible AUD/CHF Short position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe 4 - 16hrs
Actions on -
A – Activating Event
Market will meet resistance in zone @0.711 - .... and fall to the 0.705. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.705
FX:AUDCHF
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.705
Target 2 @ ....
Risk/Reward @ 2.5.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible EUR/GBP short position!! SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 2 days
Actions on -
A – Activating Event
Market will meet resistance in zone @0.8636 - .... and fall to the 0.854. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.854
FX:EURGBP
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.854
Target 2 @ ....
Risk/Reward @ 2.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!