Get started

Worldmarkets

🎯 BITCOIN is it Good time to invest ❓Hii Traders 😊 I hope that all of you doing well ◽ I covered levels for both positional traders or investors and Short term Traders 🛑 Which area is good to accumulate ❓ 🛑 What is the Target level ❓ 🛑What is the stop loss ❓ ◽ Now BITCOIN is at good area to accumulate as much as possible ◽ The support zone (also called demand zone) ie. 44500-45000 This very good buying area ❓ ➡️ Well , Let me explain ◽ If you people's see the past 2 months Data in Day time frame chart we can see clearly Bitcon successfully breakout the resistance zone ie. 44000-45000 on 8th Aug And tested level level of Resistance 49000 and pulled back from there and pervious resistance zone ie. 44000-45000 now acting as support zone ◽ And it is taken support from that level 5 times on 13th Aug , 18th Aug , 7th Sep , 12th Sep , 21 Sep ◽ Those days data clearly showing it taken support from that level and buyers were not ready to give or buyers were in control when ever sellers try to short the market ◽ So the point is can we take trade now or is it good area to accumulate ❓ ➡️ Off course yes without doubt But with stoploss (stop loss is very important why ❓ because it will protect us from major disaster simply it is like wearing condom 😅) ◽ Now point is Where I have to place stop loss ❓ Well, you are right way ➡️ Place your stoploss at 39500-39000 exactly from this zone bitcoin bounce back with strong buy or Bulls were in control where sellers or bears were try to short the market from that level ➡️ If again sellers were aggressive and if they successfully breakdown that support level then it may can retest the major support zone ie. 30000-29500 So placing your stop is must important (Why it will going to retest that support level ❓ what's the reason ❓ let me know comment section and if you give me 50 reputation and 50 likes I will breakdown the reason behind that in next post 😊 ) 🎯 Now the point is placing stoploss is okay ◽what is our 1st Target ❓ ➡️ Well , for short term traders Target 1 will be 48600-49000 (Risk to reward ratio will be around 1:1 not exactly) ◽ 2nd Target ❓ ➡️ Target 2 will be 52500-53000 (Risk to reward ratio will be around 1:1.5 not exactly which ever it is good) ◽ for positional traders or investors Stop loss will be same and Target will be 52000-53000 here you can exist your half quantity and Another half quantity u can hold for long term ( Exist half if you feared That. is it go beyond that resistance level ) ◽ If you want to know next Target give me 50 reputation and 50 likes I will post regarding on this 😊 🛑Day traders do want to know exact intrady levels then let me know comment section I will definitely Help you guy's 🛑 I hope that it will help a lot If I'm wrong let me know in comment section I will accept mine fault and try to correct mistake it will helps me lot 🛑 Thanks for reading If you like it do follow and give reputation and have a nice day 😊
BITSTAMP:BTCUSDLong
by agasthya_d
S&P 500 To Repeat Cycle?Interesting to see the S&P 500 price action respecting this charted Gann Fan so many times since mid 2019. One would presume that since validated multiple times previously over the months that we are close to crossing the Angle 1/2, which would push the market into "Above Averagely Bullish" territory again. I pulled a Bar Pattern from OCT 2019- MAR 2020 and scaled it to today's price action. It is scary to see the resemblance of this Fractal and its movement once above the Gann Fan Angle 1/2. What is also weird is to see the reaction of the Bar Pattern off the drawn Resistance Trendline, which starts back in SEP 2019. Will this cycle repeat? Only time will tell. "DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
TVC:SPXLong
by Trader_Johnni
Massive Breakdown in markets?1) BEARISH: Our INDICATOR (green/red) is getting the first bearish signal. 2) BEARISH: On the Weekly, Montly and even Yearly we see a massive bearish divergence in RSI. 3) BEARISH: The WEEKLY MACD has as almost a bear cross. 4) BEARISH: Corona is getting worse, the stocks are only up en everybody is getting more money in stocks? 5) BEARISH: Only the FED is pumping money but for how long 6) BEARISH: DXY (Dollar) looks for a trend reversal for a couple of weeks now (DXY is bullish) Companies are closed and we didn't get the first bankruptcies. But I think we will see a Massive Breakdown in this market. I like to trade, but I don't like to gamble on a world wide pandemic while stocks are a ATH (all time high) Let's see if we getting in the green again. But I don't think we go up for a while now.. Please share your vision below!
TVC:SPXShort
by easyprotrader
Weekly Market recap 8: Are markets preparing for the advance?Mixed west with strength in Asia The week started with mixed markets. The US and European markets are still digesting gains staying in the range near their respective key resistance areas. Asian markets show some signs of strength following NIKKEI's recent powerful breakout from the long-term range. Smaller markets like India, Indonesia, Singapore also show positive dynamics compared to the US and Europe. It seems like the risk-seeking sentiment is there, although it didn't get to manifest itself in the west yet. What's next? Looking at DXY declining for three consecutive days, it makes sense that inflows into the risk assets continue. Let's see how DXY will behave near the local low at 92.15 and eventually at the last line of defence of DXY at 91.75. This period requires additional patience and selectivity in setups and instruments in FX and major western indices. Although, for those willing to try Asian markets, there is an established trend environment to try out.
TVC:DXY
by Cherry94
Be careful, do not FOMOHello Wonderful and beautiful person! Just came back from summer holiday, and for a while there it seemed like BTC was at holiday as well, but we got some massive response these last couple of days (7 days). - Market cap increased by billions - BTC market dominance fell by a couple of percent - Enormous influx of interest and investment in alt coins. - Large companies finally release their financial reports which confirmed my suspicion. - Unemployment rate are very high in U.S and Europe. - Precious Metals had major uprising. Those of you who have read my previous posts (thank you very much), know that I was not convinced we were in a recovery but rather we saw a "dead cat bounce" (not a V-shaped recovery). September was the month I kinda prophetised, in a Nostradamus kinda way, that we would see more or less the real effect on most of the markets. That month is still on the table for my part and has not changed, but we seeing more and more the real story now. ---- On the side note, Europe has opened up their borders in desperate act to make business flourish, and they are already reporting a large increase in Covid cases. Second wave is also still on the table ---- How will all this impact BTC? well, I believe we will see a dip like we did on the "fire-sale" of Mars-April (investors will liquidate), and then we will see the anticipating massive increase in demand for precious metal and btc. For my part, this increase we see now came unsuspected and it does not seem to hold its momentum. - The RSI is not being convincing that this uprising has support. - CCI has actually downward move, and in divergence with price action. - Stochastic also are showing little momentum like RSI, but also in divergence like CCI. - Price action is very contested as pointed out with the blue arrows. - Volume does not support anyway near the new highs we have now So, to sum up: be careful and do not FOMO, as this could be short lived price increase. USA are again turning on their printing machine and Europe have approved financial aid to all EU countries, which WILL impact the market; but not sure how. Precious metal, especially gold and silver are artificially held lower than the demand with Future market. Physical gold and silver are not easy to get, and new mines are not being started yet.
by egilagre
S&P 500 iNDEX First time !!Hello friends, its mine first view on s&p500 index, This is a clear Uptrend. The down arrows point to the lower highs of the trend while the up arrows point to the lower lows. The Uptrend turns into a Downtrend when price makes and confirms a higher low at the upper right side of the chart. That higher low is only confirmed by the following move Downward. They can be complementary. If you come to the same conclusion by doing two different types of analysis you will have much more confidence when taking a trade. Thanks
SP:SPXShort
by Trading_buddy
1
The week results: the epidemic & the Friday bloodbathThe past week has so far been considered the most eventful of the last few months. And the point is not even in the number of new events that took place, but in the price dynamics in the financial markets. One of the strongest drops in the US stock market in history (during the week Nasdaq lost up to 15% of its capitalization), the Fear Index grew almost three times, the oil decreased by almost 20%. The culmination was a natural "blood bath", which was arranged by traders in the financial markets on Friday, when, for example, gold was reduced by $80 during the day. How did markets get to such a life? We wrote about this quite actively for more than six months and now we are faced with the results of those temporary bombs that were planted. Epidemic coronavirus is still able to be a "black swan", which freed all the energy that accumulated markets. More precisely, not all, because it is still only in the process of development. The main event of the past week - the coronavirus epidemic ceased to be a local problem in China and became a global disaster (the number of newly diagnosed cases outside China steadily exceeded the number of cases in China). It was after this that investors became completely scared. And if the week began with the fact that the problems were in South Korea, Japan, Italy, and Iran, then it ended with a radical expansion of the list. Now it has the USA, France, Germany, Spain, Great Britain, Singapore, Malaysia, Kuwait, Bahrain, and many others. The total number of cases in the world over the week has grown significantly and has already exceeded 7,000. Naturally, now no one has any doubts that the world economy will suffer and will suffer very much. Out of habit, everyone turned their eyes to the Central Banks, which have recently been playing the role of traditional savers of the economy. Fed Chairman Powell said at the end of last week that the US Central Bank is ready to act. Accordingly, the markets instantly rebuilt their expectations and now assess the probability of a rate cut in March at 100%. Typically, 95% of traders expect a decline of 0.5%. So the problems of the dollar on Thursday and Friday are generally understandable. One side. On the other hand, other central banks, in particular the ECB, may also lower rates. Thus, we continue to consider the growth of the EURUSD pair abnormal and this week will be very active in selling the euro against the US dollar. Not forgetting, of course, about the feet. In general, in the current conditions, when the most terrible volatility has increased many times, a trader can do it - work without stops and try to impose his will on the market. So we’ll definitely put the stops - it’s better to re-enter the position when the dust settles, rather than stand against the market and lose the deposit in one day, essentially out of the blue. What else do we plan to do this week? Definitely buy gold and at the same time buy a pair of USDJPY. It’s a kind of under-hedge on safe-haven assets that did absolutely nothing on Friday, but we believe that the markets will return to some semblance of rationality and this hedge will work. This week, we are inclined to start buying oil, because a) the achievement of the $ 44 mark for the WTI brand corresponds to our goals, which we announced when it was still in the region of $ 60; b) OPEC is seriously concerned about what is happening, and this week there will be a meeting within the framework of which amendments may be made to the OPEC+ agreement - they announce an additional reduction in oil production by 1 million BPD. It is very serious. But again, these purchases are a rather risky attempt to catch a U-turn, which is not yet available. So we advise fans to take risks, do not forget about the stops, and we recommend that conservative traders put the oil trade on hold or at least wait until the end of the week and OPEC's decision.
Short
by Trade24Fx
NASDAQ 100 - Long and short opportunities presentCurrently long - however expecting the price to range between the fresh supply and fresh demand before making a fundamental push affecting world stocks. This area is quite volatile as of now. What to expect - fresh supply is yet to be tapped. once tapped, expect a fake out in a risk on scenario Risk off - price will push high into the zone (this may breakout) - Trade long or keep long. Risk on - supply will push down to demand - this may become a swap zone - fear of fundamental push at this moment will cause the zone to break. We are supply & demand traders - however, be cautious here. Trade with no bias.
OANDA:NAS100USD
by LupaCapital
BTC -- The Obvious Valuation ::: 12k +Bitcoin is scarce = TRUE Bitcoin is becoming more known = TRUE There are more people than Bitcoin = TRUE This is a quick chart looking at the future valuation of Bitcoin based on past buyers and sellers. This is not fact but rather a less than generous prediction. I see little downside risk. I see value increasing at the very least. There is a ton of riff raff in the current world. A new monetary policy is imminent. BTC will benefit from what ever happens in this word. Big money, is big tech and big tech money knows about digital assets. Banks are realizing this as well and are starting to make strides towards a tokenized economy while the U.S.A. plays catch up to other leaders in the world such as China where digital assets are gaining strong traction. I am expecting multiple comments and plan to answer. Hit me.
COINBASE:BTCUSD
by MarketPointAlgo
Markets scare and there is something to be afraid ofOn Monday, the markets were finally really scared. The coronavirus epidemic is becoming global, and the economic consequences are increasingly threatening. Every day, China's downtime literally increases the problem exponentially. Actually, some analysts are already talking about the critical level of problems and damage. For example, a survey of managers of more than 1,500 Chinese small and medium enterprises (small and medium enterprises accounted for 99.8% of all companies registered in China and 79.4% of all employees work in them) showed that 85% of them will use up all their cash reserves in 3 months. But this is a potential threat. As for the real ones (that is, the damage that has already been done), 50% of respondents said that an outbreak of coronavirus will reduce their annual profit by at least 50%. And according to the latest Dun & Bradstreet research from the list of Fortune 1000 companies, the main supplier is China for 163 companies, and for 938 China is a second-tier supplier, that is, their main supplier depends on supplies from China. Thus, the level of dependence of the world economy on China is critical - about 94% (!). Accordingly, the problems will increase like a snowball. And lowering Apple’s forecasts last week will seem like an innocent joke compared to what the global economy can really expect. In the best case, corporations will sag strongly in profits, and in the worst, they will greatly sag in income. Not surprisingly, the Fear Index (VIX) showed 50% growth during the day. It is rather surprising that he has not grown recently. And the gold maximums in the region of 1700 - this is not all that the asset wanted to say on this subject, and sales on the global stock markets by and large just started. The yield on thirty US Treasury bonds, meanwhile, reached a historic low. Which, in general, explains why the dollar has recently felt so confident in the foreign exchange market. Our basic positions today are unchanged: we are looking for points for buying gold (but given the strong oversoldness of the asset, we are doing this conservatively and with obligatory stops), we sell oil, we sell EURUSD, we buy GBPUSD, we sell USDJPY with small stops.
FOREXCOM:XAUUSDLong
by Trade24Fx
GOLD: a safe heaven at times of uncertaintyHi guys and gerlz! Since the world has stepped into another armed conflict, this time in Iran, assets which historically store value begin to get stronger as investors fly away from risky ones. Looking at the weekly XAU chart one can see that major resistance levels and zones are being broken particularly overnight. Major resistance 1558 has been successfully hit by the bulls just recently. This level is not only marked as significant seller's OB on my chart but also coincides with 61.8 Fibonacci retracement. Next target for the bulls be like 1626. Then I expect some selling pressure from within the 1626-1676 zone as marked by the last red rectangle on my chart. Many await a pullback to 1365 i.e. major breakout level but I think it will take quite some time before price get back there, so I rather be working under bullish trending market paradigm. Overall a new ATH seems like an idea. Once resistance hit I think a pullback to 1510-1540 is reasonable (marked by a small green rectangle). Take care
FX:XAUUSDLong
by rfelchuk
The world is on the brink of a recession & the US back-pedaledFinancial markets faced a sharp surge in concern. The Fear Index (VIX) soared (+30%). The Argentine Peso lost the same amount of its value yesterday. It is all about the populists in Argentina. Well, it is quite interesting how many times you need to fail again and again to understand one thing - that is a bad idea. Tsipras and Greece again on the brink of default. Chavez and Venezuela. Johnson and the UK leave the EU. Trump and the USA wage war against the whole world. Government of change in Italy and yellow vests in France, etc. - The list could be made even longer. But there is only one common denominator - the populists and the consequences that the country's economy pays for. Therefore, the financial markets reaction to the news from Argentina is understandable. We know how this is going to end., preferring to discount in advance. Not surprisingly, gold prices soared. Despite such a rapid asset value growth, we were waiting for a correction in gold this week, just needed a reason To. Trump delays China duties. The duties delayed until Dec. 15. This is without a doubt a serious conciliatory step on the part of the United States. So, sales of gold today, in our opinion, are more than appropriate. Returning to the world economy issue, triggered by a trade war. Singapore's GDP growth for 2019 to come in at 2% to 0.5%. The economy of Singapore, with its specifics, is almost ideally fit to be an early indicator of the world economy state. So the signal we have is alarming. Take for example yesterday’s data from the EU. The ZEW Institute's expectations index in August fell to minus 43.6 points. This is almost two times worse than the July value (minus 20.3) the lowest mark since 2011. We continue to expect a decline in the dollar value. Logically, dollar devaluation is the only thing that could save the US economy from recessionary processes and keep Trump. So we recommend looking for points to sell the dollar. First of all, we recommend selling it against the British pound, which yesterday unexpectedly received support from the UK labor market data: employment in June grew by + 115K (expected plus 60 K). About the macroeconomic data, the block of inflation statistics from the UK will be published today. As well as GDP in the Eurozone.
FX:XAUUSDShort
by Trade24Fx
1
SPX bounced on 200MA. A short relief rally before another dump?SPX bounced on the 200MA on 1 Week chart. Huge support. Should have caught this before. This looks like a good bounce, but we are no where close to going back to the bull run. We are currently on a trending resistance. I'm no genius, but going back to basics - world market is in crisis, US debt sky rocketing, we broke the parabolic rise of markets and all markets entered bearish territory. 2019 will be a very interesting year. Let's be cautious and keep our heads level headed. I'm still bearish mid-long term.
SP:SPXShort
by harshpandya2011
1
May I introduce you..? That SELL-Off was nothing! ;-)#OverviewHey tradomanaics, quick a nice overview if the current situation of S&P500! Bulls feel the pain? Yep.. it was painfull for those who are long. BUT - That was nothing! :-O Check this chart and see where the real PAIN is waiting for us.. or the PROFIT? AS we can see - there is still a lot of space downwards before we reach the real paniczone! ;-) So calm down and wait. The US-earnings-season is going to show us important companys in the upcoming days. Peace and good trades Irasor Trading2ez Wanna see more`Don`t forget to follow me. Any questions? OM me. :-)
SP:SPX
by Trading2ez
2