EUR/GBP Pull back and push up!Here we can see the Euro chart falling directly in line with the analysis we have provided over the last few weeks. With continued pound weakness surely on the horizon our prediction will be "move A" a pull back and test of the trend line, followed by an upside turn 'move B" pushing the pair higher. Good Luck.
Tradeanalysis
USDJPY ShortAs see on USDJPY chart, Price is at a descending price channel, price had a sharp move to channel top and successfully broke the green trendline and then pullbacked to it, then tended to break the channel but failed to make new high and strongly rejected by the channel top, now it has broke the green trendline support and has high chance to reach the channel bottom.
11/11/2020 #SPX Either way. We have a Doji daily close yesterday. In terms of price action, difficult to predict. Either way is possible
#NDX weakness will continue to weigh on #SPX though #RTY is strong (staying new highs).
Price now in my blue zone 3544-54. Above we have 3573.2-76 and 3600 as resistance. 3614, if we reach there should offer low risk sell level.
If 3544 breaks, look for 3520-22 then 3480-88 if yesterday's low are taken out. This is a strong support zone so might have a bounce. 3464 is next level while 3446 should cap the lows of day
POTENTIAL FAKE OUT ON BITCOIN HEADING TO $9500!!Here is why I think this is *potentially* a fake out
Drop a like if this helps you out, its free! :)
1: CT is being euphoric about a 10% pump
2: Hidden Bearish divergence on Daily
3: Declining volume signals we are yet to see a true break of the range
4: Global funding rate is already 0,5%
GBP/JPY - expect a move down ,15min -27.09.20-> In this analysis, I decided to look at the GBP / JPY currency pair, the analysis comes from a 15 min chart. As we can see in the graph, a rising wedge formation was formed for us. I assume a downward movement and then an upward movement. Entry into the position is at the current price and then the buy order on the reflection if it happens. I expect to move down to around the price point @ 134.340 and then expect a reflection upwards to around the price point @ 134.690.
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-> if the price breaks through the channel, the Buy position does not apply
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-> If you have any questions or concerns, feel free to comment in the comments section. If you like my idea you can support it with like.
-see also my other analyzes, 90% were correct
-This is not financial advice.
Trade safe!
EUR/USD - expect a move down ,15min -19.09.20On the chart we can see that EUR / USD created a triangle pattern, I expect a move down to the support point (1.1812). The analysis comes from a 15 minute graph.
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If you have any questions or concerns, feel free to comment in the comments section. If you like my idea you can support it with like.
---
-This is not financial advice.
Trade safe!
USD/JPY - expect a move down ,1H -20.09.20As we can see, a bearish trend has formed on the 1 hour USD / JPY chart, I expect the sell position to be after complete reversal of the trend. Only an upward movement and a break point 104.630 can end a bearish movement.
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Entry will be at = 104.265
TP1 = 104.050
TP2 = 103.690
SL = 104.630
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-This is not financial advice.
Trade safe!
GBP/USD - expect a move down ,4H -20.09.20-> In this analysis I looked at the currency pair GBP / USD, the analysis comes from a 4 hour chart. As we can see in the chart, a pattern falling wedge was created. The price bounced off the support (1.30030) and I expect a downward movement to price points 1.27735 (TP1) and 1.26710 (TP2). Entry into the position is the current price.
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-> If the price changes upwards and breaks the resistance (R - 1.30030) and exits out of the channel, this trade does not apply.
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(Sell)
Entry = Current price
TP 1 = 1.27735
TP 2 = 1.26710
SL = 1.31885
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-> If you have any questions or concerns, feel free to comment in the comments section. If you like my idea you can support it with like.
===
-This is not financial advice.
Trade safe!
USD/CAD - expect an upward rise , 15min -20.09.20-> In this analysis, I decided to analyze the USD / CAD currency pair, the analysis comes from a 15 min chart. As we can see from the graph, a rising wedge formation has formed, I expect to move up. We enter the position when the price breaks the value of R-1 and gives a clear indication of an upward movement. We enter the position on retest the broken price value or with a clear increase. Around 1.32077.
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-> If the price breaks the channel, we do not enter the position.
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(Buy)
Entry - When the price breaks R-1 (1.32077)
TP 1 = 1.32300
TP 2 = 1.32530
TP 3 = 1.32790
SL = 1.31852
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-> If you have any questions or concerns, feel free to comment in the comments section. If you like my idea you can support it with like.
-This is not financial advice.
Trade safe!
EUR/USD Trade IdeaThis is what I see long term for EUR/USD, market still needs to make a correction, on a Daily perspective if you see the D1 chart, you will see a head and shoulder pattern formation which indicate a reversal on the market.
I would like to see the price break that support and retest, once it does then we will wait for price action to give us good indication that the sellers are coming in.
Massive Bullrun Into Earnings | Moving In Divergence $SPOTIt's time to unload on longterm shares. No one is paying attention to Spotify SPOT . Media outlets and even us traders have both been rather silent on Spotify and it's movement.
~
This stock currently sits above what has proven to be a temp support @ $230 . We have a monthly support @ $227
Watching the orange downtrend as previous resistance, we just saw a confirmation of this breakout today.
Possible long on a break of downtrend with next resistance @ $242.
Upside targets: $242, $265, $284.
Possible Short Entry: $220
DotcomJack | Thanks for the support!
Bless up traders
EUR/USD - expect a move down ,1H -20.09.20In this analysis, I looked again at EUR / USD, the analysis comes from a 1-hour graph. I expect the price to bounce off support around price point 1.18360, after which we can expect the price to move towards resistance R (1/2)
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option No. 1 - the price breaks through R1 as this resistance is weak and I expect a reflection from the resistance R2, reflection above, as soon as we record a reflection downwards we enter position No. 1 (Entry 1 = around the price 1.18970), as soon as the price reaches point R1 and record movement down we open position no.2 (Entry 2 = around the price 1.18805).
option no.2 - the price will move towards R1 and if we record a downward movement we enter position no.2 (Entry 2 = around the price 1.18805) in which case enter position no.1 (Entry 1 = around the price 1.18970) does not apply.
option no.3 - the price will develop downwards or rise to the value SL (1.19250), then the positions do not apply and we do not enter these trades.
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(Sell Limit)
Entry 1 = 1.18970
Entry 2 = 1.18805
TP 1 = 1.18360
TP 2 = 1.18120
SL = 1.19250
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-This is not financial advice.
Trade safe!
Next Week's Trading Plan = Last week's result: +57% R.O.I.The week that was... *** Real Time Trading ***
We (and you?) have just completed 135 consecutive hours of Live Trading, while simultaneously posting the trades in Real Time on this TradingView page.
This Live Trading Session(s) took place from September 13., 2020, 18:00 EST - September 18., 2020, 16:00 EST; I.e. five (5), consecutive and continuous trading days, from Sun.-Fri..
How did it all turn out? - Just as the title suggests: "+57% R.O.I".
This post is a summary, as well as a repository for the *** Links to all the live posts *** made during those 135 hours.
1) If one traded along then one has probably long tallied up the results (and the money :-), so obviously, very little use to read on;
2) If one is interested to review / verify / analyze the trades (as one should!), posted during this live trading period. In which case the relevant posts are LINKED BELOW, where all the trades are posted as they were placed.
** However, it will be your task to scroll through(down) to find the relevant ** Real Time entries **, as these posts also contain other, relevant but static information - such as trade setups, etc.; i.e.: just additional, regular "stuff".
The Trading System / Techniques used during these Live Trading Sessions are described in detail, in this post:
"Nasdaq 100 E-mini; +2036 pts. profit the last 14 days. TUTORIAL"
First: These are the LINKS to all the relevant posts containing the Live Sessions posts / markets:
- These are Not in chronological order! The actual clues for the Live Trades are further down,
in the dated list, *** following this First list, in Chronological Order ***.
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Nasdaq100 E-mini
THe FAANGs
EURAUD
EURUSD
AUDJPY
AUDUSD
AUDNZD
AUDCAD
GBPJPY
*** We are Not counting this one but one might want to look at it, anyways.
This has missed Live Trading Week by 24 hours. Nevertheless,... it's a fair one :-)
*****
====================== ... and finally, here we go ... =================================
September 13., 2020; Sun.
---------------------------------
Look for this Nasdaq100 chart:
+30.25 points;
Look for this EURUSD chart:
1.1834
.. and this EURUSD chart ...:
-15 pips
September 14., 2020; Mon.
---------------------------------
Look for this EURAUD chart:
... and this EURAUD chart ...:
+84.5 pips;
September 15-16., 2020; Tue.-Wed.
--------------------------------------------
Look for this EURAUD chart:
-7 pips;
Look for this EURAUD chart:
+5.5 pips
Look for this EURAUD chart:
... and this EURAUD chart ...:
+38 pips
... and this EURAUD chart ...:
+0 pips (scratch)
Look for this AUDJPY chart:
+52 pips
Look for this EURUSD chart:
-18 pips
Look for this Nasdaq100 chart:
+89 points;
... and this Nasdaq100 chart ...:
+243.50 points;
Look for this GBPJPY chart:
+28 pips
... and this GBPJPY chart ...:
-12 pips
September 17., 2020; Thur.
----------------------------------
Look for this Nasdaq100 chart:
Look for this AUDJPY chart:
... and this AUDJPY chart ...:
+32.5 pips
Look for this AUDUSD chart:
... and this AUDUSD chart ...:
+30 pips
Look for this AUDUSD chart:
0 pips (scratch)
September 18., 2020; Fri.
-------------------------------
Look for this Nasdaq100 chart:
+198.75
Look for this USDJPY chart:
+19 pips
------------------------------------------------------
Futures Totals:
------------------
Nasdaq100 E-mini Total: +561.50 points;
Forex Totals:
----------------
EURAUD: +121 pips
AUDJPY: +84 pips
EURUSD: -32 pips
USDJPY: +19 pips
GBPJPY: +16 pips
------------------
Total: +208 pips
-----------------------------------------
For the purposes of this Live Trading exercise, we have used $50,000 USD of our own funds.
All of the trades, placed above, involved:
- 2 ea. Nasda100 E-mini contracts (2x $16k margin);
- 4-6 (Full sized) Forex lots ($4k-$6k margin);
---
Basing the results on the $50,000 actual capital used, the one week (135 hours) long Live Trading session(s) resulted in:
$21630 in Net Profit, or = 56.74% Net Return on Capital. (hence, the title of this post.)
==========================================================================================================
p.s. BTW, this does not mean that we will repeat this "exercise" - as in live posting -, right away, this coming week :-)
Good luck out there!
EURUSD Breakdown for Upcoming WeekGood Afternoon Traders,
The Euro is looking to continue its move upward on the USD, but not before pulling back to Support. Bearish Divergence has formed on the 8H and price may be pulling back to the Support around 1.10000
RSI is in over-bought territory and may form a lower-low following the anticipated pull-back. Long entry consideration would be made following rejection at the support (1.10000) and formation of Hidden Bullish Divergence on the RSI/MACD.
On the 1D, price is hitting a moderate resistance and RSI is nearing Overbought territory.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*