Nas100 AkbaarTrades I don’t expect nas To break its resistance thus this will lead to a fall resulting to M movement,reasons for selling so far are how the work is standing,Resistance,Demand vs Supply and M formation
Iv30Akbaar.
Usa30
My analysis on US30Looking to go short after break of that zone, price created a double top and from my top down analysis, US30 should be going short.
US30 1h Price Action + Trend | Long | FORWARD TESTINGEntering a long after the retracement.
The price action isn't particularly great for a long (see the pinbar, followed by more sell strength), but worth a try with good RR.
Let's see how it plays out!
Remember this is a forward test, not a trade based on a backtested strategy.
us30 long term buysjust an update on my previous post.
waiting for market to tap into my Daily OB, once it taps in I will look to go long and swing this trade until next year.
lets see how this plays out.
us30 long term buysTwo levels I will b looking to buy from The two levels listed above.
level1 lies below equal lows hence why I have selected it as a POI.
level2 is our daily OB level and lies below a big imbalance.
usa30 Dawjonesstill on bearish. price tested and broke level @33741, currently looking for down push to test the low @33043 then from there ill we shall see, but price can pull up without any of what ive mentioned
NAS100 - IMPULSE-CORRECTION-IMPULSE SCENARIOAs title states,
Nasdaq is essentially a head and shoulder formation that is possibly bouncing at at the neckline in conjunction with fundamentals of Apple's Event and new iOS device launch of sales this week.
Possible long re-entry upon limit or stop order
Open entries 15400 with SL at BE
Closed entries 15450 to 15500 (+$50 per min. lot size)
Pending entries 15500 until further notice (possible limit)
I advise to not execute at market as price may push lower, dependent on finding base to continue the rally. Failing, will result in reanalyzing for short opportunities.
BUY THE RETEST - NAS100HIGH RISK (OVERALL BEARISH WITH EXPECTANCY OF 14500)
We seek buy's off support to retest the upside before continuation of selling
BUY NASDAQ AT 14750.00 - 14760.00
SL 14717.77
TP 14888.88
SELL NASDAQ, IMPULSE-CORRECTION-IMPULSEExpecting a further push down, use tight stops on this trade as we may seek reentries should price retest higher
Sell Nasdaq at 15025
SL 15035
TP open
Move Sl beneath entry upon impulse to the downside
NAS100 - HEAD AND SHOULDERS M15Price is below our sell entry, and seems to be forming a minor head and shoulder pattern that could lead us to our desired break to the downside.
However there is positive news regarding Tesla's work force in China.
We will only get significant movement after NY open
USA30 - TARDE IDEA34180-34230 would be most ideal for longs but with this momentum I don’t think we’ll get that zone, Also looks like a beautiful "W' pattern, I see price going up from buy zone to targets
THE DOW IS GOING TO MOON THIS WEEKMassive area of confluence in my buy zone, looks good for a bull run matching the NASDAQ100
USA30 SHORTFOLLOW ANALYSIS FOR TODAYS TRADE, LOOKING A SPIKE UP AT NYSE, THERE WE WILL CATCH REVERSALS AS PER ANALYSIS.
Rising wedge Rising Wedge
A rising wedge is formed when price consolidates between upward sloping support and resistance lines.
This indicates that higher lows are being formed faster than higher highs. This leads to a wedge-like formation, which is exactly where the chart pattern gets its name from!
With prices consolidating, we know that a big splash is coming, so we can expect a breakout to either the top or bottom.
If the rising wedge forms after an uptrend, it’s usually a bearish reversal pattern. On the other hand, if it forms during a downtrend, it could signal a continuation of the down move.
Either way, the important thing is that, when you spot this forex trading chart pattern, you’re ready with your entry orders!
That means there are more forex traders desperate to be short than be long!
Ref: babypips . com
DIJA/USA30 TradeHello guys, I haven't published anything in a while but im back at it again.
I have been looking for a few charts to find a nice short term trade and I wish to help you guys understand my strategy
so that you may use it yourself in future trades.
My win-rate with my strategy is roughly between 75-90%, and opposed to the hacks making youtube videos or selling
trading signals, I am not lying, nor am I trying to gain money from you so there is no conflict of interest.
As you see I am using a divergence strategy, it's my favourite because it will save you from taking bad trades on
breakouts or doing stupid things like buying/selling where the market is reversing.
I would highly advise anyone going into trading to learn how to spot divergences, it can appear in multiple
indicators but my go-to is the RSI as I feel like it shows itself more clearly, but this is a matter of preference.
The DJIA is on a clear uptrend now as you can see in the daily chart, and is currently in a pullback
which was also warned by the bearish divergence on the resistance line going across the past few peeks.
It then created a bullish divergence close to the support line which is where I made my entry.
Due to having to log back into my trading account I did not manage to get in when I wanted but my price is
around 30.025, which is still alright.
I would advise everyone to only take trades in the direction of the trend, of course with divergence you can
trade both ways, but your win/loss ratio will likely decrease.
My TP stands currently around 30.250, giving me a gain of little under 1%, however my leverage trough
CFDs are 1:30 meaning my total potential profit will be around 30%. However I would not recommend using leverage over
1:5 or 1:10 if you are not experienced in the market, as that 30% win could easily be a 15% loss depending on your
risk management.
