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First Sell/Short Signals since January - TrendsLonger video but hopefully it clarifies my position in the market. I do NOT have a short position yet, but I am looking for one at this point. I might wait until either the close of the day depending on where we are OR take a short position if the overall day goes negative. Trends into today; Last Macro Trend Signal Spots (ES Contract) 30m - 5724 Uptrend (4/3/2024) Lower High 1Hr - 5277 Uptrend (4/3/2024) Lower High 2Hr - 5278 Uptrend (4/3/2024) Lower High 3Hr - 5291 Downtrend (4/1/2024) Higher Low* 4Hr - 5260 Downtrend (4/2/2024) Higher Low 6Hr - 5250 Downtrend (4/2/2024) Higher Low 12Hr - 5087 Uptrend (2/22/2024) Higher High Daily - 4378 Uptrend (11/3/2023) Higher High Weekly - 4769 Uptrend (12/11/2023) Higher High Monthly - 5304 Uptrend (03/31/2024) Higher High In order to try and keep on point I actually wrote some notes for this video (yes, in spite of the length, I felt I really tried to keep on point). What I will do instead of rewriting any of the video is just copy and paste my notes into here. NYFANG / MAG 7 still pulling market up (down day even though they had gone up .6%) Economic Calendar JOLTs was uneventful NonFarm Employment is up - Job Growth seems good ISM Non Manufacturing Prices lower - Includes pay being lower Powell Speaks - Nothing really new - Wants to cut rates (already priced in) - Data will drive decision (says that every time) Today - Jobless Claims (No expectation other than strong job market) Tomorrow - Unemployment (Not expecting anything new) - Even if it does, how do you price in this news? Is good bad, or bad good? Good is good? Trends; 30m, 1hr, 2hr all in lower highs 3hr had a higher low but if uptrend hits, will now be lower high So 30m to 3hr trends call for lower 4hr, 6hr, 12hr - call for rebound up Daily is still sitting massively overbought Weekly is normal bull market signal even if we go lower Monthly just hit uptrend, but Monthly has NEVER done anything but higher highs and higher lows back to the 80s (no data past that) For that to change we would have to go below 3846 - EVEN IF THAT HAPPENED, no historical data to explain what that could mean (Must like we saw with the lower low of a weekly trend) Sell Signals The shorter term trends are calling for lower movements Daily uptrend is well, well, well overcooked MACD Momentum (Daily) has crossed below zero line. Last time we had that was January when I traded shorts several times and made money. Has historically been MOSTLY accurate. MACD Momentum had a sell signal 3/26 but it was after down days so uneventful Weekly Overbought RSI/MFI Buy signals (or at least cautionary flat moving signals) Trends of 4hr and above call for MACD itself is not below the zero line (so not a prime bearish / shorting environment) Hope you found the information helpful. Safe trading, and remember your risk management plan.
CME_MINI:ES1!Short
by SemperTrader
Trade Entry and Management Techniques Using Swing High PivotsIn today's video idea, we will delve into a comprehensive strategy for trade entry and management, centered around utilizing swing high pivots as crucial reference points. We will also explore the effective integration of technical tools such as Outer Bands, ribbons, and Target View Trades (TV-Trades) to enhance precision in trading decisions. By the end of this tutorial, you will gain valuable insights into determining trade viability and optimizing trade execution. Understanding Swing High Pivots: Swing high pivots serve as pivotal landmarks in market analysis, offering valuable insights into potential trade setups. When identifying swing high pivots, focus on significant price peaks that indicate potential trend reversals or continuation points. These points will serve as key references for evaluating trade opportunities and managing risk effectively. Trade Entry Strategies: Utilizing swing high pivots as reference points, assess the market conditions to determine the viability of trade entry. Look for confluence with other technical indicators such as Outer Bands and ribbons to validate trade setups. Prioritize trades that align with the prevailing market trend and exhibit strong momentum, increasing the probability of success. Managing Trades: Once you enter a trade, it is essential to implement effective management techniques to optimize profitability and mitigate risks. Continuously monitor price action relative to swing high pivots and technical indicators to gauge trade performance. Implement trailing stop-loss orders to protect profits and minimize potential losses as the trade progresses. Integration of Technical Tools: Explore the functionalities of technical tools such as Outer Bands, ribbons, and Target View Trades (TV-Trades) to refine trade entry and exit points further. Outer Bands provide larger trend information, aiding in direction, trade confirmation and risk management. Ribbons offer visual cues for trend direction and momentum, enhancing trade precision. Target View Trades (TV-Trades) provide a systematic approach to identify optimal entry and exit points, facilitating disciplined trading execution. Conclusion: Mastering trade entry and management techniques is essential for navigating the dynamic landscape of financial markets successfully. By incorporating swing high pivots and leveraging technical tools effectively, traders can make informed decisions, capitalize on lucrative opportunities, and achieve consistent profitability in their trading endeavors. Continuously refine your skills through practice and experimentation, adapting to evolving market conditions for sustained success.
CME_MINI:NQM2024Education
by CFRN
3
SoundHound AI: A Rising Star in the AI IndustryNGM:SOUND is making a bounce on a major support level at $5. This is showing strength for the buyers and further upside to be made. Entering a swing position and targeting $15. Some more details on SOUNDHOUND AI: SoundHound AI's technologies have attracted the attention and investment of major players in the tech industry. For example, Nvidia disclosed that it held roughly $3.7 million in SoundHound AI stock at the end of last year's fourth quarter. This kind of investment and partnership with a leading AI company like Nvidia is a strong vote of confidence in SoundHound AI's future. Market Opportunity: The AI market is rapidly growing, with significant potential for companies like SoundHound AI that provide advanced voice recognition and conversational AI solutions. As the demand for AI-powered solutions continues to rise across various industries, SoundHound AI is well-positioned to capitalize on this trend and grow its market share. #LionsDenTrades
NASDAQ:SOUNLong
by EgideSimba
5
ADANI POWER - Swing TRADE IdeaThe stock is in uptrend in all Higher time frames. The stock has been in good consolidation for 12 weeks. Downside wicks in the last 3 weeks indicate good buying coming in. The last week candle seems to be an indecision candle post diminishing selling pressure and buying stepping in. The lower time frame price actions such as Daily and 75 mins confirm the upside price momentum. My SL and targets as mentioned in chart. I would plan a wide SL of 12% and target of 22% trailing. Target 1 - 591 ALL Time high.
NSE:ADANIPOWERLong
by Rugminik
SID Potential Breakout State Bank of India $GETTEX:SIDSID Potential Breakout Analysis GETTEX:SID is showing signs of a potential breakout based on technical analysis, indicating a favorable moment to explore investing in the State Bank of India (SBI). Why State Bank of India (SBI)? State Bank of India (SBI), as one of the largest and most reputable banks in India, offers a compelling investment opportunity for various reasons: Market Presence: SBI's extensive network and dominant market position in the Indian banking sector provide stability and potential growth opportunities for investors. Financial Performance: The bank's solid financial performance, robust asset quality, and prudent risk management practices make it a reliable choice for long-term investments. Economic Growth: With India's economy poised for continued expansion, SBI stands to benefit from increased banking services demand, infrastructure development, and financial inclusion initiatives. Key Reasons to Consider State Bank of India: Diversified Portfolio: SBI offers a wide range of banking products and services catering to diverse customer segments, enhancing revenue streams and mitigating risks. Digital Transformation: SBI's focus on digital innovation and technology integration positions it well to adapt to changing market dynamics and meet customer expectations effectively. Government Backing: As a government-owned bank, SBI enjoys implicit support, adding a layer of stability and credibility to its operations. Exploring investment opportunities in the State Bank of India could offer a blend of stability, growth potential, and exposure to India's thriving economy. Keep an eye on GETTEX:SID for further indications of a breakout to make well-informed investment decisions.
GETTEX:SIDLong
by holacarlosmartinez
SPY Price Projection: Mid-2025 TargetRevealing Market Trends: Logarithmic Regression Analysis Indicates Bullish Path for SPY In the ever-evolving realm of financial analysis, the search for reliable predictions remains ongoing. Logarithmic scale regression analysis, coupled with potent indicators, has emerged as a promising tool for discerning trends, particularly regarding assets like the SPY. This analysis delves into the utilization of logarithmic scale regression alongside two robust indicators, offering insights into the potential trajectory of the SPY's price movement. It's essential to note that the interpretations and predictions presented are based on my analysis alone and should not be construed as financial advice. As with any market analysis, uncertainties persist, and actual outcomes may diverge from projections. Logarithmic scale regression accounts for the exponential nature of price movements, providing a nuanced perspective on long-term trends. When combined with indicators such as moving averages or momentum oscillators, the analysis gains depth, revealing not only the direction but also the strength of the trend. After meticulous examination of historical data and the application of analytical tools, our analysis suggests a bullish trajectory for the SPY, with a projected price nearing 620 EUR by mid-2025. This projection implies a significant uptrend from the current date, with a potential increase of approximately 20% over the specified timeframe. However, it's crucial to approach such forecasts with caution, recognizing the inherent risks associated with financial markets. While our analysis indicates a positive outlook, market conditions can change rapidly, leading to deviations from expected trends. In summary, logarithmic scale regression analysis, supported by robust indicators, offers valuable insights into market trends and potential price movements. While our analysis suggests a bullish sentiment for the SPY, investors should conduct thorough research and seek professional advice before making investment decisions. Disclaimer: The analysis provided is based on personal interpretation and should not be considered financial advice. Investing in financial markets carries risks, and actual outcomes may differ. Readers are encouraged to conduct their own research and consult with financial professionals before making investment decisions.
AMEX:SPYLong
by Julien_Eche
GOOGLE $GOOG - Feb. 26th, 2024GOOGLE NASDAQ:GOOG - Feb. 26th, 2024 BUY/LONG ZONE (GREEN): $144.50 - $154.80 DO NOT TRADE/DNT ZONE (WHITE): $139.60 - $144.50 SELL/SHORT ZONE (RED): $131.15 - $139.60 Weekly: Bullish Daily: DNT 4H: Bearish The zone around $140 has been supported to the bullish side three times since Jan. 17th, 2024. Currently price is back at the zone after creating bearish structure on the 4h timeframe with strong downside momentum. Price has respected the level at $146.10 to the bearish side and broke below the $144.50 on the daily timeframe which is the start of the DNT zone and the potential start of entry into the bearish zone. Bulls can look for rejections up from the $140 area or breaks above the $144 level/structure (daily timeframe). Bears can look for continuation below the $140 area or a pullback and rejection of the $144 level (daily timeframe). This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
NASDAQ:GOOG
by TonyAiello
2
S&P rally continuesAt the start of last week, things didn’t look great for the bulls. There were several signs of weakness that could have easily led to a daily trend reversal. However, that didn’t materialize. Firstly, on Monday, buyers were able to set a daily higher low. Then, on Wednesday, they positioned the price very close to the previous two weeks' high. Finally, with the help of the FOMC, they broke through the resistance, set a new historical high, and held it into the week's closure. All these factors together confirm the strength of the bulls and position them well for rally continuation. AMEX:SPY outlook for the next week is bullish. Pullbacks should be considered as buying opportunities. Short trades should be avoided unless you are a scalper. Stay alert of economic data releases on Thursday (GDP) and Friday (Personal Income/Spendings and FED) that could cause some volatility. Disclaimer I don't give trading or investing advice, just sharing my thoughts.
AMEX:SPYLong
by hermes_trisme
💡 XAUUSD: Forecast March 27Although the price increased yesterday, the D1 gold bar created a very large bearish pinbar, with a very long upper shadow and closed less than 1/2 of the range, closing inside the previous price bar, which was also a bearish pinbar. Such price behavior reflects the weakening of the upward price momentum, suggesting the possibility that prices may continue to level off or adjust downward. D1 gold chart structure is cumulative sideways. With a strong inverted V structure from above, H1 gold showed strong selling block in the area around the round number 2,200 yesterday. The false break signal occurs when H1 gold surpasses recent price peaks and then quickly pulls back down again. Weakness is visible in both time frames. The main trend of H1 gold today is to wait for selling from the resistance above. If the price breaks out and rises further, you can wait to buy again, because at that time the short-term price increase strength has formed.
OANDA:XAUUSDLong
by Stone_Haven
💡 EURUSD: Forecast March 27EURUSD yesterday rose to the resistance zone around 1.0855 and formed a selling pressure zone for us. You can enter a sell order with the bearish candle marked with a red arrow as shown in the chart. Currently, the market is turning bearish. If you look at the low time frame, you can see this downward trend much more clearly. Our current trading strategy is selling. and the nearest resistance area is the supply area and is struggling around the previous peak at the price level of 1.0840. If the price can return to this resistance area, you can find a signal to sell.
Short
by Stone_Haven
Gold: Thoughts and Analysis Today's focus: Gold Pattern – Price range Support – 2154 Resistance – 2187 Hi, traders; thanks for tuning in for today's update. Today, we are looking at Gold daily. What are we discussing and asking today after looking at Gold? Could a close above resistance be the move that starts a new continuation higher? If we see a break below support, this could be a false break and could set up a final HL. Could buyers be out of gas as price consolidates and can't break resistance? Good trading.
EIGHTCAP:XAUUSDLong
by Eightcap
Decoding AUDCAD's Intriguing JourneyNavigating Waves: Decoding AUDCAD's Intriguing Journey 📈🌊 Unraveling the Downtrend: A Chronicle Since December 23rd Since December 23rd, the AUDCAD forex pair has been riding the waves of a persistent downtrend. 📉 This downward trajectory has been marked by consistent lower lows, signifying the dominance of sellers in the market. Traders and analysts have closely observed this trend, searching for potential reversal signals amid the bearish momentum. Signs of a Shifting Tide: Bullish Indications Emerge Higher Lows and Signals of Hope On February 8th, AUDCAD reached its lowest point, creating a pivotal moment for traders. However, a glimmer of optimism surfaced as the subsequent price action displayed higher lows, suggesting a potential change in market sentiment. 🔄 OpenTrend's Bullish Signal and Divergence Dynamics Enter OpenTrend, sounding the bullish alarm on February 14th. This software detected a shift in the market dynamics, indicating a possible trend reversal. Simultaneously, OpenDivergence signaled a bullish divergence, spotlighting the disparity between the price movement and the Commodity Channel Index (CCI). This kind of divergence often foreshadows a change in trend direction. 🚀 Zero Lag MACD Crosses Signal Line: A Confirmatory Move Around the same time as the bullish divergence, the Zero Lag MACD delivered a bullish confirmation as it crossed the signal line upwards. This alignment of technical indicators underscored the growing strength of the bulls in the AUDCAD market. 📈🔍 Navigating Towards Profit: The Monthly Pivot Point as the North Star As traders set their sights on potential profit, attention turns to the yet untouched monthly pivot point, residing around 0.88954. 🎯 The price currently moves beneath this key level, presenting it as a strategic profit target. This level serves as both a psychological barrier and a historical pivot, making it a focal point for traders looking to capitalize on the evolving market dynamics. In conclusion, the AUDCAD pair, having weathered a prolonged downtrend, now shows promising signs of a bullish reversal. Traders are eyeing the untouched monthly pivot point as a potential profit destination, while technical indicators like OpenTrend and Zero Lag MACD validate the shifting market sentiment. As always, traders are advised to remain vigilant, employing risk management strategies to navigate the waves of the market with precision. 🌐💹 🚀 Now, let's get back to the trading desks and turn these insights into profit! Until our next success, happy trading, my fellow wealth architect!" 🌟💹📈
Long
by TradingClue
💡 GBPUSD: Forecast March 25GBPUSD fell sharply in the last session after creating a bearish engulfing candlestick pattern. Currently, the resistance level of 1.26 is showing signs of being broken, selling pressure is still very strong, continuing to expect the price to go down in the short term, The target is still around 1.25xx. The position to enter a sell order at this time is not good. You should wait for a rebound to the 1.27xx area before considering entering the order.
Short
by Stone_Haven
💡 XAUUSD: Trend down Gold prices continued to slide in the last session of the week after the strong decline signals mentioned previously. Although the buying force is returning this morning, regaining most of the previous reductions, this move has not significantly changed the situation, you can still keep your existing selling strategy, especially We now have an additional bearish pin bar pattern on the weekly, the target is still around 2145 and 2080 respectively.
OANDA:XAUUSDShort
by Stone_Haven
High Probability Trading Environments Part 2: Liquidity RunsIn this educational video, we'll explore the distinction between High Resistance Liquidity Runs and Low Resistance Liquidity Runs, crucial for identifying High Probability Trading Environments. Our analysis will focus on NAS100USD, providing insights into potential trading opportunities for the week ahead. By understanding these concepts, you'll gain valuable insights into positioning yourself effectively in the market. Be sure to watch to gain a comprehensive understanding of the key confluences that contribute to successful trading strategies. Understanding Trend Analysis, SMT and ICT Concepts Mastering High Probability Trading Environments Part 1 Kind Regards, The_Architect
OANDA:NAS100USDEducation
by The_Archi-tect
💡 XAUUSD: Disadvantaged from USD recoveryThe recovery of the USD during the day put pressure on gold. After sliding to a one-week low, the US Dollar Index reversed course and posted a 0.7% gain, making gold more expensive for overseas buyers. According to TD Securities commodity strategist Daniel Ghali, the strong buying pressure after the policy meeting appears to have dried up and gold is correcting as the market perceives there are fewer risks associated with policy easing. currency book. According to the FedWatch Tool, traders are currently pricing in a 70% chance that the Fed will begin cutting interest rates in June, up from 65% before the rate decision.
OANDA:XAUUSDShort
by Stone_Haven
💡 DXY: Forecast Next week💲DXY: Last week, DXY had a surge after the FOMC meeting and reached its highest level of the week around 104.2. Regarding technical analysis, we can see that DXY has broken through the Downtrend line and the key level 103.5 - 103.7. With this development as well as the strong increase in the last 2 days of the week, I will appreciate the upward trend for DXY for the new trading week. The target area for DXY will be the next key level area 104.5 - 104.7. You can wait for DXY to back test the trendline and key level around 103.7 and create a reversal signal to continue buying positions.
TVC:DXYLong
by Stone_Haven