US500 LONGS 📉📉📉📈 Expecting bullish price action on US500 as price takes out weekly lows, and has a lot of liquidity that has been build on the trendline. Looks to perfect to be true, a bullish closure above weekly low will be perfect for me to confirm the entry.
What do you think ?
Us500long
Three White Soldiers Candlestick ✅✅✅Three white soldiers is a bullish candlestick pattern that is used to predict the reversal of the current downtrend in a pricing chart. The pattern consists of three consecutive long-bodied candlesticks that open within the previous candle's real body and a close that exceeds the previous candle's high.
🎯 To identify the three white soldiers pattern, look for three consecutive green or white candlesticks. Each must open and close progressively higher than the first. The candlesticks should have big bodies and very small (or no) wicks. As mentioned, you are likely to see the pattern at the bottom of a downtrend.
✅ What Do Three White Soldiers Tell You?
The three white soldiers candlestick pattern suggests a strong change in market sentiment in terms of the stock, commodity or pair making up the price action on the chart. When a candle is closing with small or no shadows, it suggests that the bulls have managed to keep the price at the top of the range for the session. Basically, the bulls take over the rally all session and close near the high of the day for three consecutive sessions. In addition, the pattern may be preceded by other candlestick patterns suggestive of a reversal, such as a doji.
✅ Limitations of Using Three White Soldiers
Three white soldiers can also appear during periods of consolidation, which is an easy way to get trapped in a continuation of the existing trend rather than a reversal. One of the key things to watch is the volume supporting the formation of three white soldiers. Any pattern on low volume is suspect because it is the market action of the few rather than the many.
To combat the limitation of visual patterns, traders use the three white soldiers and other such candlestick patterns in conjunction with other technical indicators like trendlines, moving averages and bands. For example, traders may look for areas of upcoming resistance before initiating a long position or look at the level of volume on the breakout to confirm that there was a high amount of dollar volume transacting. If the pattern occurred on low volume with near-term resistance, traders may wait until there is further confirmation of a breakout to initiate a long position.
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US500 4293.4 LONG IDEA + 0.01 % * PRICE ACTION & STRUCTURE RVSL HEY EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE,
A LOOK AT THE US500 INDEX THIS WEEK SWING
* The index was trading in a DESCENDING channel but seems the channel is now RUNNING out of steam as we see consolidation at the base of the channel and the formation OF A DOUBLE bottom in the cards.
- Short term the index is currently in reversal formation in the form of a possible DOUBLE BOTTOM.
- key to the set up will definitely be patience as there is a spike level that could come into play again should we break below.
- Looking for LONG entries on the INDEX this week should all the rules of the formation be met.
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRAD
📍 Trading Styles 📍 Trading Styles
There are a lot of strategies and types of traders and investors in the financial markets, this doesn't mean you have to learn all of them. In my opinion you should try all trading types and then conclude which one suits more to your personality becuase there is no such thing as you HAVE TO trade intraday or swing or position, everything depends strictly on you.
✅ Scalping Traders
Holding positions for several minutes, in my opinion its not recommended for the newbies as you will see a lot of losses and wins during the day and this can hurt your emotions.
✅ Day Traders
Holding positions for couple hour or a day, they basically when to know ar the end of the day If they made money or not. Same recommendation as for scalping
✅ Swing Traders
Holding positions for a several days, intra-week trading. This is the recommendation for the newbies as you dont get the market feedback really fast and you can counter emotions + overtrading, usually they take 4-5 trades during the trading week.
✅ Position Traders
Holding positions for several weeks, usually this type of traders trade on a weekly-monthly basis with a focus on the fundamental analysis more than on the technical side. Recommended for experienced traders as you can get big returns with a iron patience
What type do you like or want to be ?
Why 90% of Traders Lose ? ❌ Going Full Margin
Risk management is the most important in this game because it keeps you alive, keeps your account fresh during bad market conditions.
Learn risk management first to understand how to protect your capital first of all and then learn a strategy
You have to know your risk numbers in terms of
• Risk per trade
• Daily Drawdown Limit
• Weekly Drawdown Limit
• Monthly Drawdown Limit
✅ Buying SIGNALS
Buying signals and expecting overnight succes could be bad for your trading journey, don't expect anything from anybody and start to be your signal generator
✅ Get Rich Quickly
Trading business its not getting rich overnight, its getting rich for sure on a long term basis. Don't expect succes overnight its not gonna happen i promise you.
• Trading is a marathon, not a sprint. Give it time and simply commit to the process
✅ Not Sticking to the Plan
Your trading plan is your trading bible and principles, you should respect it no matter what. Your trading plan its the only thing you can control in the markets as you can't control the price movement.
Make the plan and trade the plan.
What do you think ?
Us500. Long Targeting 4700Since Ukraine is once again the “hot topic” after the recent US comments about a possible full blown invasion from Russia here’s what we are seeing…
We lean on the optimistic scenario and we do NOT expect a meaningful escalation anytime soon, currently we are S&P500 dip buyers as we expect an easing of tensions (or simply no further escalation, which is enough to turn risk sentiment around) going forward
Obviously that can change, but right now it’s our base case, no invasion, no full conflict anytime soon, yet don’t expect it to be too straightforward, there will be plenty of volatility
US500 LongHey traders, in the coming week we are monitoring US500 for a long term buying opportunity around 4400 zone. Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
BOS - BREAK OF STRUCUTRE ✅✅✅🎯 WHAT IS BOS ?
BOS - break of strucuture. I will use market strucutre bullish or bearish to understand if the institutions are buying or selling a financial asset.
To spot a bullish/bearish market strucutre we should see a higher highs and higher lows and viceversa, to spot the continuation of the bullish market strucuture we should see bullish price action above the last old high in the strucutre this is the BOS.
🎯 BOS for me is a confirmation that price will go higher after the retracement and we are still in a bullish move
Kindly see attached photos
S&P 500 - Long as predictedAs already predicted before (see my analysis from 27.01) S&P500 is up. Now also RSI & SMA are signaling "buy" (see the intersection in the chart). The first target is the marked resistance area at 4500 and the second target is the lower line of the long-term trend channel.
If you like this analysis - thumbs up!
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🎯 About my posts: They are kept self-explanatory in order to avoid overcomplicating and confusion. Mostly price signals and trend analysis combined with chart patterns.
Disclaimer: This is not an investment advice
US500 LONGS 📉📉📉Expecting bullish price action on this pair as price is in a bullish trend on a HTF, taked out liquidity below 4300 closed above bullish, retraced to fill the bullish imbalance and right now we are going higher for the w1 imbalance and 4700. This is a swing entry so please remember it will take some time to capitalise
What do you think ? Comment below..
us500 long positionus500 still bullish
What happened?
H4 timeframe:
- bearish setup complete
- -27% , -61,8% and fib extension complete.
Daily timeframe:
- 120% Retest happened with bullish variation (always wait for h4 candle). price could go 4349.50 to test the weekly trendline as final touch
- Price "seen" to push below market structure
- Liquidity pushed price to get collect pending sell orders and stop out those who had long positions open
- Tp @ -27% and -61,8% respectively.
US500 : A simple perspective about a potential next moveUS500 : A simple perspective about a potential next move
SUPPLY AND DEMAND - US500 (2-8 Jan 2022)MN Trend: Upwards
W1 Trend: price is upwards
D1 Chart:
Wait for price to retrace back to buy zone
H1 entry :
2 Buy zones identified
US500 4666.4 LONG IDEA + 0.15 % * PRICE ACTION & STRUCTUREHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON US 500 INDEX.
The index is currently trading in an ascending channel that has seen consolidation in the marked supply & demand zones.
* Tested and rejected the base of this structure creating a double bottom at the base pushing the bullish bias overall.
* A BREAK ABOVE of the circled candle and close triggers long entry on the index.
- looking for continuation with the bulls targeting the supply zone.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
US30 LONGS UPDATE 📉📉📉We are in profit on this trade, i expect bullish price action way above liquidity pool and new ATH"s to be formed, vix is down and we are in a risk on market environment that should support our long idea.
What do you think ? Comment below..
NASDAQ LONGS UPDATE 📉📉📉Expect the price to reach weekly high and close all the bearish imbalances, vix is down we are in a risk on market environment and indexes should rise+santa claus rally that is coming next week.
What do you think ? Comment below..
US500 - swing trading plan and technical analysisThe major US index is ''suffering'' a healthy correction from around 4750 ATH set in November roughly 2 weeks ago!
The volatility is quite high, thus the risk has increased in addition to potential return. You know how it works...
...higher risk - higher return.
At the moment my total stock market exposure is around $50k and from current level I am planning to hold at least until 4900, which means around 7.2% profit potential at the time of writing.
Also I am ready to double my total speculative exposure based on the scenarios you can see on the chart.
Fundamentally we have the potential to grow.
Omicron might end the covid pandemic, due to its' not so severe effect. Tapering means that the US economy is healthy and can sustain itself without drug money.
The US yields should not grow extremely. Oil market is in balance right now and backwardation is almost gone.
Reopening economy stocks potentially can be well-bid. Major tech stocks are also having bright future earnings outlook.
Risk and money management is very important.
Patience as well.
VIX LONGS ✅✅✅I see bullish price action on VIX as we are approaching an important area of support if you will, price closed all the bullish gaps made on the last week's panic and right now its going in my opinion to close bearish gap near 28$.
This means RISK OFF in the markets this means SHORT INDEXES.
What do you think ? Comment below..
New ath on US500??Long till go wrong. This is rule n.1 after pandemic crash.
You can see on the chart, US500 is still going up with small correction. Corrections are usually around 5%.
Trading in this range is very simple.
Take long on supports and sell on resistance.
But it's also important to be carefull, bcs everybody are starting bullish and this is time to be bearish. In the market can not win everybody.
When this index is in the channel, there is still good oportunity to take longs.