MNQ 2.27.25 Trade ideas (Pt. 2)Continuation of first video.
Forex, Crypto and Futures Trading Risk Disclosure:
The National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC), the regulatory agencies for the forex and futures markets in the United States, require that customers be informed about potential risks in trading these markets. If you do not fully understand the risks, please seek advice from an independent financial advisor before engaging in trading.
Trading forex and futures on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite.
There is a possibility of losing some or all of your initial investment, and therefore, you should not invest money that you cannot afford to lose. Be aware of the risks associated with leveraged trading and seek professional advice if necessary.
BDRipTrades Market Opinions (also applies to BDelCiel and Aligned & Wealthy LLC):
Any opinions, news, research, analysis, prices, or other information contained in my content (including live streams, videos, and posts) are provided as general market commentary only and do not constitute investment advice. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC will not accept liability for any loss or damage, including but not limited to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
Accuracy of Information: The content I provide is subject to change at any time without notice and is intended solely for educational and informational purposes. While I strive for accuracy, I do not guarantee the completeness or reliability of any information. I am not responsible for any losses incurred due to reliance on any information shared through my platforms.
Government-Required Risk Disclaimer and Disclosure Statement:
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Performance results discussed in my content are hypothetical and subject to limitations. There are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading strategy. One of the limitations of hypothetical trading results is that they do not account for real-world financial risk.
Furthermore, past performance of any trading system or strategy does not guarantee future results.
General Trading Disclaimer:
Trading in futures, forex, and other leveraged products involves substantial risk and is not appropriate for all investors.
Do not trade with money you cannot afford to lose.
I do not provide buy/sell signals, financial advice, or investment recommendations.
Any decisions you make based on my content are solely your responsibility.
By engaging with my content, including live streams, videos, educational materials, and any communication through my platforms, you acknowledge and accept that all trading decisions you make are at your own risk. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC cannot and will not be held responsible for any trading losses you may incur.
Topstep
From almost Blowing Funded account to being back in ProfitsThis was a perfect illustration of how our emotions can affect us and our trading decisions.
However through my 5 years of trading, I've been working on mastering my emotions as best as I can and as you guys can see-- I still had several times where I showed plenty of emotions. This leads me to come to the conclusion I still have a long way to go with mastering my emotions but progress is being made, and that is enough for me. If you guys liked this idea and post please give it a like!
Forex and Futures Trading Risk Disclosure:
The National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC), the regulatory agencies for the forex and futures markets in the United States, require that customers be informed about potential risks in trading these markets. If you do not fully understand the risks, please seek advice from an independent financial advisor before engaging in trading.
Trading forex and futures on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite.
There is a possibility of losing some or all of your initial investment, and therefore, you should not invest money that you cannot afford to lose. Be aware of the risks associated with leveraged trading and seek professional advice if necessary.
BDRipTrades Market Opinions (also applies to BDelCiel and Aligned & Wealthy LLC):
Any opinions, news, research, analysis, prices, or other information contained in my content (including live streams, videos, and posts) are provided as general market commentary only and do not constitute investment advice. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC will not accept liability for any loss or damage, including but not limited to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
Accuracy of Information: The content I provide is subject to change at any time without notice and is intended solely for educational and informational purposes. While I strive for accuracy, I do not guarantee the completeness or reliability of any information. I am not responsible for any losses incurred due to reliance on any information shared through my platforms.
Government-Required Risk Disclaimer and Disclosure Statement:
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Performance results discussed in my content are hypothetical and subject to limitations. There are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading strategy. One of the limitations of hypothetical trading results is that they do not account for real-world financial risk.
Furthermore, past performance of any trading system or strategy does not guarantee future results.
General Trading Disclaimer:
Trading in futures, forex, and other leveraged products involves substantial risk and is not appropriate for all investors.
Do not trade with money you cannot afford to lose.
I do not provide buy/sell signals, financial advice, or investment recommendations.
Any decisions you make based on my content are solely your responsibility.
By engaging with my content, including live streams, videos, educational materials, and any communication through my platforms, you acknowledge and accept that all trading decisions you make are at your own risk. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC cannot and will not be held responsible for any trading losses you may incur.
Gold Faces Critical Resistance: Will the Bull Run Continue?Chart Overview
Timeframe: 1-hour chart
Exchange: OANDA
Current Price: 2444.100
Key Levels and Zones
4HR LQZ: 2474.524
1HR LQZ: 2370.122
Support Level: 2348.660
Key Low: 2287.754
Patterns and Channels
Descending Channel:
The price moved within a descending channel before breaking out.
Lower Highs (LH) and Lower Lows (LL) formed within this channel.
Ascending Channel:
The price moved into an ascending channel after breaking out of the descending channel.
Higher Lows (HL) and Higher Highs (HH) are visible, indicating a potential upward trend.
Current Price Action
Recent Higher High (HH): Price reached a higher high at the top of the ascending channel.
Potential Lower High: There is a possibility of forming a new lower high, as indicated by the recent price action near the 4HR LQZ.
Rejection at 4HR LQZ: The price touched the 4HR LQZ and showed signs of rejection, pulling back slightly.
Inset Chart: DXY
The inset chart displays the DXY (US Dollar Index), which shows a descending pattern, potentially indicating USD weakness. This is relevant because gold often inversely correlates with the USD.
Market Sentiment
Bullish Signs:
The breakout from the descending channel.
Formation of the ascending channel with higher highs and higher lows.
Bearish Signs:
Rejection at the 4HR LQZ.
Potential formation of a new lower high, indicating possible weakness or a reversal in the uptrend.
Summary
The XAUUSD chart shows a recent breakout from a descending channel and the formation of an ascending channel, suggesting a short-term bullish trend. However, the price faced rejection at the 4HR LQZ and is showing signs of forming a potential new lower high, which could indicate a reversal or consolidation phase. Monitoring key levels and market sentiment (especially USD movements) will be crucial for future price action.
False Profits $$$I decided to see what all the fuss about prop trading firms were.
I never really got caught up in the crypto craze.
I bought a few meme coins and had some fun learning to trade with 5x margin.
But it wasn't good enough. I wanted to experience what the real money traders were gaming.
Futures!
Instead of losing tens of thousands in real money, I decided to see if I can learn futures trading by losing someone else's money first.
After all, these prop trading firms are all over twitter and youtube advertising a life changing experience by earning a "Funded Account"
Earn a real funded account by Trading Futures in a simulated account.
All you have to do is pass.. THE TRADING COMBINE!!!!
It sounds more intense than it is.
They promote strict trading plans and rules, a limited drawdown and a 2 step simulated trading combine that if you don't break any rules, you will earn a "Funded Level Account"
Sounded promising.
I quote "Funded Level Account" for a reason.
All the advertising from influencers and furus on youtube, facebook, and twitter all tell their followers to pass the trading combine and you will earn a "Funded Account"
So I set out on a mission to complete the combine and earn my funded account.
First, It's expensive. You need to pay for a monthly subscription while you attempt to complete the 2 step process.
Second, Should you break any rule for the related step, your account is disabled until your subscription is renewed, or you buy an account reset.
After a few months of trying, I finally completed Step 2 and got excited to get my hands on a real money futures trading account.
BUT YOU DON'T GET ONE!
A real money futures trading account that is.
I got some bad certificate that reminds me of the ones you get from online college course.
I got a lot of congratulations, but 1 thing I didn't get, was what all the furu's were telling me I would get.
Instead, they wrap a bunch of words around other words to make it seem like you earned a real money account.
"Funded Level Account" is the one that makes me laugh the most.
Now that I completed the 2 step combine, they are only offering one of two options for a "Funded Level Account".
Pro Account - Which is just another simulated environment in which you need to earn 5k in a simulated account before you can get a real money account.
Express Funded Account - Which is just another simulated environment in which you need to earn 5k in a simulated account before you can get a real money account AND you have a liaison who apparently will monitor you risk and trades to determine if you qualify for a real money account.
They don't even give me an option for the "Funded Account" which is what I was promoted for joining.
Sorry If I sound like I'm venting, its because I am pissed.
This is more a ponzi scheme than all of crypto put together.
So I have 3 choices now, which do you think I should pursue.
A) Pro Account. No resets, If I fail, you lose the funded level.
B) Express Funded Account. Try to impress them with my charm. No resets, if I fail, you lose the funded level.
C) Get Loud. Get Legal. Get a Refund.
Let me know what you think I should do in the comments below.
Tutorial | How To Get Real-time Futures Data Into TradingViewWhen you create an account on TradingView, you're pretty much set for realtime stock, forex, and crypto data. Want to know the price of Bitcoin or Apple? No problem. But futures data is a different animal. In this tutorial I demonstrate how to use a demo account from one of the integrated futures brokers to get futures quotes so that you can practice trading the futures markets using the trading features on TradingView.