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Trump Fuels Crypto Rally with Strategic Reserve. What’s Inside?The lines are finally rocketing upward! Bored crypto traders suddenly turned into hyperventilating market mavens after Donald Trump on Sunday unveiled the creation of a “strategic crypto reserve.” Names were named and those names pumped by 10% or more as enthusiastic buyers couldn’t get enough of them. Here’s who made the short list: Bitcoin BITSTAMP:BTCUSD Ethereum BITSTAMP:ETHUSD XRP BITSTAMP:XRPUSD Solana COINBASE:SOLUSD Cardano COINBASE:ADAUSD These five made the cut as the only blue-chip tokens worthy to be recognized by the White House’s crypto working group, which finally got something out after staying tight-lipped for weeks. “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA,” Trump said on Truth Social . “I will make sure the U.S. is the Crypto Capital of the World.” “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve,” he said in a follow-up post . “I also love Bitcoin and Ethereum!” Cardano’s token was the biggest gainer moments after the announcement, pumping more than 60% to cross the dollar mark. XRP soared more than 30% to eclipse $2.80 and Solana followed up with a 20% advance to $170 a pop. Bitcoin and Ethereum, the two heavyweights of the crypto world , climbed 10% and 12%, respectively. Let’s break down what all this means. A key thing to note is that Trump changed the wording from a crypto “stockpile” to a crypto “reserve.” A reserve would imply that the US government will be collecting, i.e. buying, digital assets for the purpose of holding them right next to its other reserves like gold XAUUSD . The US holds about $770 billion worth of gold. No proportions, weighting or targets have been announced for the crypto reserve. But this Friday Trump will be hosting the first-ever crypto venue in the White House. The White House Crypto Summit will be chaired by the administration’s AI and Crypto Czar David Sacks and will feature a speech by the President. Traders and investors will most likely be glued to the screens for any signs of government adoption and warm legislation. Obviously, the White House getting involved with crypto is a big deal and perhaps even a watershed moment. But crypto is notoriously volatile and the good (or bad?) old market adage “buy the rumor, sell the news” might hold true more times than traders want to admit. Do you expect this news to be the start of a new upside swing for crypto? Or is it another frothy move that would soon fizzle? Share your thoughts in the comments!
BITSTAMP:BTCUSD
by TradingView
14
Market Update - 3/2/2025Strong relative strength in car related names, especially from China, but finance names especially in insurance and credit, as well as real estate seem to be the leaders. All of these I'm reading as positive signs given these are cyclicals. On Friday we had an accumulation day on the AMEX:IWM which is my first sign to start looking for good RS stocks for potential entry in case we start a new uptrend. I think short term the market is oversold and next week we'll see a rally, but I'm not sure long term if that rally can hold. Either way, I still don't have any positions and did not buy anything the whole week, so I'm still cautious and in protective mode.
NASDAQ:LTRY
by BenedekBokor
2
US DOLLAR: Sell Opportunity after support breakTVC:DXY has broken below a key support zone, indicating a potential shift in momentum. The price is now retesting this zone, which previously acted as support and could serve as resistance, aligning with a potential bearish continuation. If sellers confirm resistance at this level, the price is likely to decline further toward the 105.800 target , which aligns with a major support level. Conversely, a breakout above the zone could signal further upside. Before considering short positions, look for bearish confirmation signals such as bearish engulfing candles, strong wicks rejecting the resistance zone, or increased selling volume. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
TVC:DXYShort
by TrendDiva
24
TESLA I Its not only EV Cars. Elon Musk predicting 1000% growthThis is not a short-term trade as you know from me on FX, Crypto and Indices. This is buy and hold investment. I got already good bag of share and Im still adding without trying to time if perfectly, but now I think its time to buy bigger positions. Tesla is my 3rd biggest position after the Bitcoin and Strategy (MicroStrategy). Many people see it only as an EV cars company, but it's not all what they do, just read bellow to see why I see a huge potential in this company. 📍 Why Tesla is Considered a Top Investment Tesla stands out as a leading player in the EV market, with a strong brand and a history of delivering innovative products. In 2024, it produced about 459,000 vehicles and delivered over 495,000 in the fourth quarter alone, showcasing its ability to meet growing demand Tesla Fourth Quarter 2024 Production, Deliveries & Deployments. 💾Financially, Tesla reported $97,690 million in total revenue for 2024, with the automotive segment contributing $87,604 million and energy solutions adding $10,086 million Tesla, Inc. Annual Report on Form 10-K for 2024. This diversification into energy, alongside investments in autonomous driving, positions Tesla for long-term growth, making it attractive for investors seeking exposure to future trends in sustainability and technology. 📍 What Tesla Does Beyond EV Cars Beyond EVs, Tesla is deeply involved in energy solutions: 📍 Solar Products: Offers solar panels and solar roofs for clean energy generation. 📍 Energy Storage: Provides Powerwall for homes and Megapack for large-scale projects, helping stabilize grids and manage energy costs. 📍 Charging Infrastructure : Operates a network of Supercharger stations, increasingly open to other EVs. Services: Includes vehicle maintenance through service centers and body shops. 📍 Robotaxi: Plans to launch a fully autonomous ride-hailing service in June 2025 in Austin, Texas, potentially opening new revenue streams Tesla's robotaxis by June? Musk turns to Texas for hands-off regulation. 📍 Tesla Optimus: Developing a general-purpose robotic humanoid for tasks like household chores or industrial work, which could lead to new markets. This expansion into energy and services, along with unexpected ventures like Robotaxi and Tesla Optimus, enhances Tesla's role in the transition to sustainable energy and technology, offering benefits like grid stability and potential robotics applications. The growth in the energy segment, with a 67% increase from 2023 to 2024, highlights Tesla's expanding role in sustainability, potentially attracting investors focused on long-term trends. Additionally, Tesla's commitment to innovation, particularly in autonomous driving technology, is noteworthy. The company is developing features like Full Self-Driving (FSD), which could open new revenue streams, such as robotaxi services, enhancing its investment appeal. 🤔I think Optimus and Robotaxi will exceed rapidly exceed their EV cars revenue. Elon musk is predicing over 1000% growth in 5 years. Which would be way above $2900 without stocks splits. I m a bit conservative and I think we can go somewhere between 3 - 4 standard deviations. Wishing you continued success on your trading journey. May this educational post inspire you to become an even better trader! “Adapt what is useful, reject what is useless, and add what is specifically your own.” David Perk ⚔
NASDAQ:TSLALong
by David_Perk
36
Nvidia Flexes Bold Guidance but Can the Chipmaker Deliver on It?Chief Jensen Huang showed hubris on the earnings call right after Nvidia NVDA reported another blockbuster quarter with record sales and soaring profits. He said that demand for the new Blackwell chip is “amazing.” “Well, I'm more enthusiastic today than I was at CES We have some 350 plants manufacturing the 1.5 million components that go into each one of the Blackwell racks, Grace Blackwell racks. Yes, it's extremely complicated,” Huang said. “Nothing is easy about what we’re doing, but we’re doing great.” Everyone and their dog was glued to the screen after-hours Wednesday, waiting to hear what the most important person for the stock market was going to say. And many were hoping it’ll be good and Nvidia will save us from the recent selloff that spilled from tech stocks to all stocks . And indeed, it was another stellar performance by Nvidia. For the fourth quarter ended January 26, the chipmaking giant pulled in record revenue of $39.3 billion, up 80% from a year ago, topping analyst estimates for $38 billion. Earnings per share reached $0.89 against Wall Street guidance for $0.84 a pop. Net income landed at $22.1 billion, up 80% from a year earlier. Without a doubt, Nvidia continued its string of record-shattering results. And, what’s more, that’s also what Nvidia thinks will happen with the current quarter. The company projected revenue of $43 billion for the first three months of 2025, up 65% from the year-ago quarter when sales hit $26 billion . To get to that figure, and keep the growth going, Nvidia will need to retain all its deep-pocketed clients like Amazon AMZN , Meta META , Microsoft MSFT and Alphabet GOOGL . These four alone make up about half of Nvidia’s revenue. Other customers with buckets of cash include ChatGPT parent OpenAI and Elon Musk’s Tesla TSLA . As to the share price, investors didn’t really cheer the upbeat guidance or the double beat on both earnings and revenue. The stock showed virtually no reaction in extended trading — could it be that markets expected an even bigger blowout performance? Or maybe they don’t believe in Nvidia’s business model after DeepSeek achieved for mere millions what OpenAI achieved for hundreds of millions? Year to date, Nvidia, the second-largest company in the world , is down 5% to $3.2 trillion. It’s drifted about 10% away from the all-time high hit in early January. And with this, make sure to closely watch the earnings calendar for other hot reports as AI history is being made before our eyes. What’s your take on Nvidia’s future? Do you think its Big Tech clients will soon whip up their own AI chips? Or is Nvidia’s AI dominance set in stone? Share your thoughts in the comment section!
NASDAQ:NVDA
by TradingView
12
Dead Bitcoin soon will break 92K support (Bye 100K and Hi 80K) As we mentioned a lot major support which is 92K$ is holding price from falling now for 8Th times and each time a support or resistance touch it gets weaker and soon this support will also break to the downside and below 90K$ we are looking for massive dump and fall and start of bear market for at least 2-3 months and this would be correction and rest for market and bitcoin and after that we are looking for rise and next phase pump for the market and maybe targets like 130K$ and more. So for now we are looking for correction and dump like the red arrows and for confirmation of bear market and dump major support zone should break soon. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
Short
by MMBTtrader
116
Multiple markets2.26.25 there are a number of markets signing up for reversal patterns to go higher. I think that Tesla probably start finding buyers. oils at a support area so I would be looking for buyers. I think we will find some buyers on bitcoin and gold.... but there may be some more downside to but I wouldn't start a short position in gold or Bitcoin. there might be some upside on coffee. and I know there were some other markets I talked about... Palladium was one of them. I did not preview this video if I made mistakes... sorry about that I was stressed for time.
ICEUS:KC1!
by ScottBogatin
1
META I Potential Long Opportunity Welcome back! Let me know your thoughts in the comments! ** META Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
NASDAQ:METALong
by BKTradingAcademy
8
The Power of a Trading Journal: Key to Consistent SuccessHave you ever pondered what distinguishes successful traders from those who struggle for consistent profits? One key tool, often underestimated, is the trading journal. Both research and practical experience demonstrate that traders who diligently track their performance and critically assess their decisions tend to enhance their trading skills and overall results over time. While financial markets can seem erratic, a well-maintained trading journal can provide clarity regarding your trading behavior and highlight areas ripe for improvement. Understanding the Trading Journal At its core, a trading journal serves as a comprehensive record of your trades, detailing every decision and its corresponding outcome. However, it goes beyond a mere tally of wins and losses; it acts as a robust instrument for self-reflection and growth. By keeping an organized log, traders can identify recurring patterns, refine their strategies, and cultivate greater discipline in their trading practices. In essence, a trading journal empowers you to track your performance while offering meaningful insights for informed decision-making. What Constitutes a Trading Journal? A trading journal is a personalized record of your trading journey designed to document every aspect of your experiences. Unlike a basic transaction log, it encompasses insights into your decisions, emotional states, and strategies, thereby providing an in-depth perspective on your trading habits and performance over time. This journal functions as a roadmap, enabling you to analyze your actions, learn from missteps, and recognize successful patterns to replicate in future trades. Essential Components of a Trading Journal 1. Trade Details: Log fundamental information for each trade, including the date, instrument, entry and exit points, position size, and the outcome. 2. Trade Analysis and Rationale: Capture the reasons behind each trade, such as market analysis, utilized indicators, or significant news events influencing your decision. 3. Emotional Insights: Document the emotions felt before, during, and after each trade, which will help you identify emotional triggers impacting your decision-making. 4. Results and Lessons Learned: Reflect on the trade’s outcome and the insights gained. Did it align with your expectations? What could be improved next time? By consistently maintaining these entries, your trading journal will allow for systematic performance tracking, enabling you to conduct insightful trade analysis and continuously enhance your trading methodology. The Key Benefits of a Trading Journal Maintaining a trading journal provides numerous benefits that can significantly elevate your trading performance over time. From honing decision-making skills to fostering emotional discipline, a trading journal is an invaluable asset for anyone committed to enhancing their trading approach. 1. Enhanced Decision-Making: Analyzing past trades enables you to discern patterns in your decision-making process, both successful and otherwise. You might uncover that certain strategies work better under specific market conditions or that impulsive trades frequently lead to losses. Understanding these patterns grants you valuable insights for making informed, calculated choices in future trades. 2. Improved Emotional Control: Trading often involves a rollercoaster of emotions, with factors like fear and greed skewing decision-making. Documenting your feelings during trades can help you identify emotional triggers and develop strategies to manage them, maintaining objectivity and preventing emotions from derailing your trading plan. Over time, this fosters emotional control, which is crucial for sustained trading success. 3. Increased Consistency and Discipline: A trading journal encourages consistency by promoting adherence to your trading plan and strategies. By recording every trade—regardless of its outcome—you cultivate a disciplined mindset that helps you avoid impulsive decisions and maintain a structured approach aligned with your objectives. How to Establish Your Trading Journal Creating a trading journal is quite simple; the key lies in selecting the right format and knowing what to document. Follow this guide to set up a journal that effectively tracks your trading performance and identifies growth opportunities. Selecting Your Format: 1. Digital Applications: Tools like Evernote, OneNote, or specialized trading journal software offer accessibility, data backup, and automation. Many apps include analytics features for streamlined performance tracking. 2. Spreadsheets: Utilizing Excel or Google Sheets affords flexibility and customization. You can craft a spreadsheet tailored to your needs, complete with specified fields, formulas, and visualizations. 3. Paper Journals: For those who prefer a tactile approach, a traditional notebook can suffice. While writing by hand fosters reflection, it lacks digital conveniences like searchable records. Crucial Information to Record: To enhance the effectiveness of your trading journal, make sure to include these key data points: - Entry and Exit Points: Log the precise times and prices at which trades are entered and exited. - Position Size and Trade Details: Note the trade size, instrument, and any pertinent details. - Motivation for the Trade: Document the analysis or strategy that influenced your trade decision, whether rooted in technical analysis, fundamental factors, or broader market trends. - Emotional State: Record your feelings throughout the trading process to better understand emotional influences. - Trade Outcome and Lessons: Reflect on the trade's success and any insights gained, noting what worked well or what didn’t. Starting a trading journal requires minimal time but can significantly affect your long-term ability to track performance and improve. Read Also: Reviewing Your Trading Journal for Growth A trading journal can only yield benefits if you regularly review and analyze its contents. Consistent reviews enable you to identify patterns, adjust strategies, and enhance your trading acumen. Setting Review Periods: Designate time—weekly, biweekly, or monthly—to review your journal. These sessions reinforce your commitment to your goals and reveal areas needing adjustment, ensuring ongoing learning from your trades. Spotting Patterns and Mistakes: Analyze your trades for recurring themes. Determine if you consistently act on particular signals or if emotional responses lead to poor decision-making. Acknowledging frequent mistakes marks the first step toward correcting detrimental behaviors. Implementing Adjustments: Leverage insights from your journal to modify your trading strategies. If a specific method isn’t yielding results, revise or replace it accordingly. If certain emotional triggers lead to losses, develop coping mechanisms to mitigate their influence. By committing to regular reviews, you can transform your trading experiences into invaluable lessons that foster better habits and skills. Read Also: Maximizing the Benefits of Your Trading Journal To fully reap the rewards of a trading journal, it's crucial to engage with it effectively. Here are tips to enhance your journaling experience: 1. Maintain Consistency: Regularly enter details after every trade or at least daily. This practice captures relevant details while they’re recent, building a robust record for analysis. 2. Practice Honesty: Accurately document both successes and failures. A truthful account allows for clearer insights into areas needing improvement, as self-awareness plays a vital role in progress. 3. Utilize Visuals: Incorporate charts, graphs, or screenshots to enrich your journal. Visual aids facilitate pattern recognition and provide a more comprehensive understanding of your trading performance. Read Also: Conclusion: The Transformative Role of a Trading Journal A trading journal is an essential tool for any trader pursuing consistent success. By meticulously recording trades, scrutinizing decisions, and learning from both victories and defeats, you can sharpen your skills, master your emotions, and cultivate a disciplined approach to the markets. Beyond merely documenting past trades, a trading journal offers critical insights that can profoundly influence your long-term performance. By consistently utilizing this resource, you can decipher your unique trading habits, refine strategies, and ultimately boost your confidence in decision-making. ✅ Please share your thoughts about this article in the comments section below and HIT LIKE if you appreciate my post. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Education
by FOREXN1
15
Bollinger Bands: Basics and Breakout Strategy🔵 What are Bollinger Bands? Bollinger Bands are a popular technical analysis tool developed by John Bollinger in the early 1980s. They help traders analyze price volatility and potential price levels for buying or selling. The indicator consists of three lines plotted over a price chart: Middle Band: A simple moving average (SMA), typically set to a 20-period average. Upper Band: The middle band plus two standard deviations. Lower Band: The middle band minus two standard deviations. 🔵 How Are Bollinger Bands Calculated? Middle Band (MB): MB = 20-period SMA of the closing price. Upper Band (UB): UB = MB + (2 × standard deviation of the last 20 periods). Lower Band (LB): LB = MB - (2 × standard deviation of the last 20 periods). The bands expand when volatility increases and contract when volatility decreases. length = 20 basis = ta.sma(src, length) dev = mult * ta.stdev(src, length) upper = basis + dev lower = basis - dev 🔵 How to Use Bollinger Bands in Trading Bollinger Bands provide insights into market volatility and potential price reversals. Traders often use them to: Identify overbought (price near the upper band) and oversold (price near the lower band) conditions. Spot volatility contractions, which often precede significant price moves. Confirm trend strength and potential reversals. 🔵 Bollinger Bands Breakout Strategy One effective strategy involves preparing for breakouts when the upper and lower bands contract, indicating low price momentum. Strategy Steps: Identify Low Volatility Zones: Look for periods when the bands are close together, signaling a potential breakout. Prepare for a Breakout: Monitor price action as it approaches either the upper or lower band. Entry Signal: Enter a trade when the price closes above the upper band (for a long position) or below the lower band (for a short position). Stop Loss Placement: For long entries (break above upper band): Set stop loss at the lower band. For short entries (break below lower band): Set stop loss at the upper band. Profit Target: Use a risk-reward ratio of at least 1:2 or close the position when price shows signs of reversal. Example Charts: 🔵 Final Thoughts This Bollinger Bands breakout strategy is simple yet effective. By recognizing periods of low volatility and preparing for breakouts, traders can capitalize on significant price movements. Always complement this strategy with proper risk management and confirmation indicators for optimal results. This article is for informational purposes only and should not be considered financial advice. Trading involves risk, and traders are solely responsible for their own decisions and actions.
VANTAGE:SP500Education
by BigBeluga
16
How to Set Multiple TPs...for BeginnersHey Rich Friends, I wanted to share how I find multiple TPs for my Forex trades using free tools and only 1 technical indicator. This strategy is perfect for beginners because it is easy to follow and has clear confirmations for entering and exiting a trade in profit, even if it hits your Stop Loss. I keep my charts clean and let price action do the talking. Here's my setup: ✅ Session Breaks & Horizontal Lines – I mark the previous day’s highs, lows, and key levels to identify potential areas of interest. ✅ Stochastic for Entries & Exits – I use the Stochastic indicator to time my trades when the price reacts at my key levels (80 and 20 are very important here!) ✅ Horizontal Lines = Potential TPs – Instead of setting a take profit, I let the market tell me when to exit based on price action around these levels. Less noise, more precision. Drop a "7" if you made it to the end of the video and let me know if it was helpful! Peace and Profits, Cha
Education
by MoneyMantraCha
36
Bitcoin: Bybit Hack Surprise? Watch For 90K.Bitcoin has established a lower high at the 100K range resistance. In this context it appears a support break (lower low) is more likely to follow. This means a 90K retest can unfold as early as this week. Will 90K hold? There is NO way to know, it all depends on the price action that unfolds at that level. Having opinions of the future will NOT help you at all, ESPECIALLY in this environment. Case in point: over the previous week, we had Coinbase reveal that the SEC is planning to give up their legal case against them, Bitcoin goes to 99K. This level is the range resistance that I specifically highlighted in my previous week's article. This is followed by The Bybit hack which brought price right back to the 94K range low. Knowing your levels would have prepared you much MORE effectively to navigate the price action around these moves compared to simply reacting to the news. One observation I would like to assert here is the fact that 99K was rejected so quickly. These situations often attract a LOT of longs who then get stuck in the trade because the unexpected reversal. These longs will be pushed out of their positions if price extends too far which will bolster selling pressure. It is this process that can facilitate the move to 90K especially if it is accelerated by more unexpected bearish news. As a swing trader, it is best to WAIT for levels in this situation, evaluate the price action, measure risk and wait for some form of confirmation, I repeat this all the time. It is the best we can do, and AVOID trying to forecast the future. Unless you were an insider at Coinbase or a member of the hacking team, you had NO idea that these events were coming. And with the new administration in this country, new financial drama can come out of no where at any time. All I can say is focus on price levels and trend structure and you will be much better prepared than most. Thank you for considering my analysis and perspective.
COINBASE:BTCUSD
by MarcPMarkets
18
The Two Minds of a Trader: Analysis vs. ExecutionTrading is a game of probabilities, discipline, and emotional control. Yet, most traders unknowingly sabotage themselves by letting their analytical mind interfere with their execution. Understanding the distinction between the Analytical Mind (The Analyst) and the Execution Mind (The Trader) can significantly improve your trading performance. I’m Skeptic , and today, I’ll break down how to master these two mental states. The Analytical Mind vs. The Execution Mind The Analyst: The Market Forecaster 🔍📊 This is the part of your mind that loves to analyze, predict, and overthink. It constantly searches for confirmation and the perfect setup. It’s responsible for drawing support/resistance levels, using indicators, and finding confluence zones. Often, it falls into the trap of “analysis paralysis,” hesitating to take trades due to over-analysis. 🛑 Biggest Mistake: Letting the Analytical Mind interfere with execution. The Trader: The Decision Maker 🎯💰 This is the part of your mind that follows a structured, predefined trading plan. It focuses on executing rather than predicting. It respects stop-losses, sticks to the plan, and doesn’t chase the market. It manages risk effectively and understands that losses are part of the game. ✅ Key to Success: Training the Execution Mind to act without emotional interference from the Analytical Mind. How to Stop Overthinking and Trade with Confidence 1. Create a Clear Trading Plan 📝 A structured plan removes uncertainty. Before you enter a trade, you should already know: Your entry triggers (specific price action setups, indicators, or fundamental conditions). Your risk-to-reward ratio (R/R) and stop-loss placement. Your profit-taking strategy (scaling out, trailing stops, etc.). 💡 Example: I personally use setups based on support/resistance, RSI divergences, and volume confirmation. I’ve backtested these setups with 30+ trades per condition, ensuring their viability. This confidence in my system allows me to execute trades without second-guessing. 2. Separate Learning from Execution 🚧 One of the biggest mistakes traders make is learning while trading. Before the trade: This is the time for analysis and preparation. During the trade: This is execution mode—stick to your plan, no second-guessing. After the trade: Review and learn. This is when you refine your strategy, not during a live trade. 3. Reduce Information Overload 📉 Too much knowledge can be detrimental in trading. Many traders believe that knowing more = better trading. This is a myth. The best traders master one or two strategies and refine them instead of constantly searching for new indicators. Focus on backtesting and forward-testing instead of endlessly consuming content. 🚨 Reality Check: Traders 100 years ago made consistent profits without advanced indicators, algorithms, or AI models. Why? Because they focused on mastering risk management and execution instead of drowning in endless analysis. Final Thoughts: Train Your Execution Mind Trust your plan: If you’ve done your homework, your only job is to execute without hesitation. Less is more: Reduce unnecessary analysis and stick to core principles. Be patient: The best traders don’t chase trades—they wait for their setup. 📌 Key Takeaways: ✅ Stop over-analyzing and start executing.✅ Confidence comes from backtesting and having a structured plan.✅ The market rewards discipline, not predictions. Which mindset dominates your trading—Analyst or Trader? Drop a comment below and let’s discuss! 🔹 I’m Skeptic, and my goal is to help traders gain clarity and consistency in their journey. Let’s grow together!
Education
by SkepticWise
25
Leap Ahead with a Dynamic Setup: Trading with Andrew’s PitchforkThe Leap Trading Competition: A Chance to Trade Micro Euro Futures TradingView’s "The Leap" Trading Competition provides an opportunity for traders to apply their futures trading strategies in a competitive environment. Participants can trade select CME Group futures contracts, including Micro Euro Futures (M6E). This article presents a structured trade setup using Andrew’s Pitchfork, a technical tool that helps define potential trend direction and breakout levels. The setup involves two intersecting pitchforks near a key UFO support level, signaling the possibility of either an uptrend continuation or a confirmation of a new downtrend. Understanding Andrew’s Pitchfork and Market Structure Andrew’s Pitchfork is a technical analysis tool used to identify trend channels by plotting three parallel lines from a major price swing. The tool helps traders anticipate support, resistance, and breakout levels based on median lines. In this setup, two pitchforks define opposing market structures. The green pitchfork represents an uptrend, suggesting that price could continue higher. The red pitchfork represents a developing downtrend, indicating a possible reversal. The intersection of these pitchforks at a key UFO support level marks an important decision point for the market. The Dynamic Trade Setup: Long and Short Scenarios In a long trade scenario, entry is confirmed if price breaks above the Upper Median Line (UML) of the red pitchfork. The target for the trade is the Median Line (ML) of the green pitchfork, representing trend continuation. A stop loss is placed below entry at a distance that ensures a minimum 3:1 reward-to-risk ratio. In a short trade scenario, entry is confirmed if price breaks below the Lower Median Line (LML) of the green pitchfork. The target for the trade is the Median Line (ML) of the red pitchfork, confirming further downside movement. A stop loss is placed above entry at a distance that maintains a minimum 3:1 reward-to-risk ratio. Because the UML, LML, and ML levels change dynamically with each bar, breakout levels and targets must be adjusted accordingly. If price remains inside the pitchfork structure, the setup remains neutral until confirmation occurs. Contract Specifications and Margin Requirements Euro FX Futures (6E) details: Full contract specs: 6E Contract Specifications – CME Group Contract size: €125,000 Tick size: 0.00005 per EUR/USD ($6.25 per tick) Margin requirements depend on broker conditions and market volatility, currently around $2,600 per contract. Micro EUR/USD Futures (M6E) details: Full contract specs: M6E Contract Specifications – CME Group Contract size: €12,500 (1/10th of 6E) Tick size: 0.0001 per EUR/USD ($1.25 per tick) Lower margin requirements provide access to traders with smaller accounts, currently around $260 per contract. M6E offers a lower-cost alternative to 6E, making it a useful instrument for adjusting position sizes and managing risk effectively. Traders should consider market conditions and leverage when determining position sizes. Execution and Trade Management Before executing a trade, price must confirm a breakout by fully breaking above UML for long trades or below LML for short trades. Additional confirmation through volume trends, momentum indicators, or candlestick patterns may help validate the move. If price does not confirm the breakout, the setup remains invalid. If price re-enters the pitchfork channel, traders should reassess market structure before taking a new position. Stop losses should be maintained at levels that align with a structured risk-reward plan. Conclusion Andrew’s Pitchfork provides a structured approach for trading trend continuation and reversals. This setup allows for both long and short breakout opportunities, depending on how price reacts at key pitchfork levels. For traders in The Leap Trading Competition, this setup highlights the importance of disciplined execution, waiting for confirmation, and managing risk effectively when trading futures. When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com - This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies. General Disclaimer: The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
CME_MINI:M6E1!Education
by traddictiv
TradingView 2024 Community AwardsThe 2024 Community Awards are here and they’re better than ever! All of you have made this ceremony a celebration of achievements, revelations and lessons. Enough with the sentimentalities — let’s go straight to the numbers! In 2024, our community posted 771,813 public Ideas. Credit where credit is due. This number is a testament to your commitment to spreading trading knowledge and sharing your unique insights. We’re grateful to see so many of you use the TradingView platform to have your voice heard and work appreciated ( and judged maybe, looking at you, picky hard-to-please traders ). 👉 Some more numbers: ✔️ Public scripts published: 60,078 ✔️ Comments posted: 785,559 ✔️ Public chat messages posted: 10,176,868 ✔️ Minds Posted: 471,823 ✔️ Minds Comments: 448,370 ✔️ Ideas selected for Editors' Picks: 8,686 🤑 Editors' Picks Rewards paid (value): $46,200 🏆 And now — the winners! Drumroll please… 🥁 🚀 Most Boosted Idea The trading community couldn’t get enough of these. The most rocket-fueled, fire-starting ideas of 2024 that had traders hitting "Boost" without hesitation. XAUUSD:29/2 Today’s Analysis and Strategy by @ActuaryJ Liquidity as the Key to understanding the Market by @glazirovaniysirok BTC Market Cycle | Repetitive and Predictable Market Cycle by @TeeBusa 🎬 Most Boosted Video Idea When a single idea is so compelling, traders practically demand to see it in motion. These video ideas topped the charts and had everyone pressing play. XAUUSD | GOLDSPOT | New perspective | follow-up details by @darcsherry A Trading Plan Is Important For Success - Here Is Mine by @fxtraderanthony USDJPY - beginning stages of a drop! by @Taneesha 📊 Most Boosted Educators The true market whisperers. These educators turned complex charts into lightbulb moments, proving that great teaching is just as valuable as a great trade. Don't Get Duped by the RSI by @ParabolicP Powerful Fibonacci Trading Strategy For Beginners by @VasilyTrader The Ultimate Guide on Elliott Waves in Crypto Trading by @Skyrexio 💬 Most Commented Ideas Some ideas spark interest. Others start full-on debates. These top three had traders talking, arguing, and dissecting every detail throughout the year. 🅱️ Final Warning: A 50% Capitulation Drop Will Lead To 30K by @MasterAnanda Bitcoin: How a Great Idea Became a Speculative Mania. by @holeyprofit BITCOIN POTENTIAL EUROTLX:4K Target On Potential Major BEARISH FLAT by @noble1ones 🎥 Most Commented Video Ideas A video idea so thought-provoking, the comment section became a trading battleground. These were the three that had traders weighing in with strong opinions and fresh insights. SPY: What next? by @Steversteves Why will Ethereum drop toward 2500 level by @ShinForex1 NVDA Video Update Correction vs Reversal by @RealMacro 💬 Most Commented Education Ideas Knowledge is power, but discussion makes it unstoppable. These top three educational ideas sparked the most conversations, debates, and "aha!" moments in 2024. DECEMBER ALTCOIN ANALYSIS REQUEST by @weslad Predicting Bitcoin's Cycle Using the Elliott Wave Theory, Part 2 by @XForceGlobal Bitcoin REALISM by @Mayfair_Ventures 🧠 Most Upvoted Minds Posts Big-brain energy at its finest. These posts weren’t just read—they were respected, earning nods from the sharpest minds in the community. AMD Mind Analysis by @FiboTrader1 Gold Mind Analysis by @Bullionbuzz XAU/USD Mind Analysis by @Med_In_Trade ⚙️ Most Boosted Pine Scripts A script so powerful, traders couldn’t help but hit boost. These top three stood out as game-changing tools that made trading smoother, faster, and smarter. Machine Learning Adaptive SuperTrend by @AlgoAlpha Linear Regression Oscillator by @ChartPrime DTFX Algo Zones by @LuxAlgo 🌲 Most Commented Pine Scripts The scripts that made devs and traders alike drop everything to talk about them. These three had the community dissecting every line of code. Mxwll Price Action Suite by @MXWLL-Capital-Trading Ichimoku Oscillator by @LonesomeTheBlue Live Economic Calendar by toodegrees by @toodegrees 📚 Most Commented Pine Libraries The libraries that had coders, quants, and strategy builders obsessed. These weren’t just resources; they were the foundation for countless new trading tools. HTFCandlesLib by @Trendoscope Order Block Drawing by @TFlab ottlib by @ismailcarlik Trading isn't a solo sport — the best ideas, tools, and insights come from a thriving community. These winners didn’t just post content — they shaped the conversation in 2024, sparking discussions, refining strategies, and making TradingView an even better place for traders of all levels. To celebrate their contributions, each of the winners in every category will receive a one-year Premium plan for free. All selections are final and won’t be debated (gotta keep it fair and free from vote-stuffing shenanigans) Keep those great ideas coming! Prizes will be assigned before the end of February, so stay tuned. And who knows? Maybe next year, it’ll be your name on this list. 🚀
BITSTAMP:BTCUSD
by TradingView
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