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Zonetrading

GBPNZD 31/11/2019 Hello Traders! Witaj! We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot. If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH? So SmartMoney must BUY LOWER and SELL HIGHER :) We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SmartMoney. CHARTS AGENDA: BITCOIN - MONEY POCKET ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS BLUE LINES - ENTRIES MARKED LINES - PREVIOUS ENTRY POINT BLUE BOX - GAP's COLOR BOXES - FOCUS POINT TO REACT Don't forget to like if it was helpful to you. We appreciate likes and comments. Jesli podobal Ci sie material zostaw like:) Masz pytania - pisz smialo :) Thank you, Dzieki za uwage :) GOD BLESS U ALL!
by Snipers-Academy
DXY Support zone and possible TP area for bullish pull backIn this chart we can see the dollar index finding support at the same area as two previous lows. You may also notice Monday closure perfectly landing on our -0.27 Fibonacci extension, furthering on we spot a daily bullish spinning top Tuesday rejecting the low zone previously mentioned and closing above the fib level! Running from the end of September 2018 we have a trend line, holding price up on multiple occasions. That is until recently, the break of this trend line came in mid June. If price manages to break back through the base of our Fib I would likely be looking for short entries between the 96.75 and 96.85 region. This not only coincides with our trend line but looking left also a decent sized mid range zone.
TVC:DXYShort
by Trading-Ring
EURAUD Massive daily resistance and rejectionNow EURAUD is a pair I have come to build some what of a love hate relationship with over the past 6 months. Previously taking shorts at a similar level in January before being annihilated by the flash crash. Luckily I did re enter and caught a lovely 500+ pips. Anyway that's besides the point, currently we are back at this huge resistance zone, where we saw daily pinbars back to back. This along with a few other confluences prompted me to enter short position, but hey what do you know we get a lovely news release pushing us up and through the zone leaving a slight fake out. On the 18th June we then saw buyers continuing up before plummeting back down engulfing 3-4 days of previous price action! At the time of writing we have just seen another pinbar printed and left on the daily with a Doji body. This again, along with other confluences has prompted further short entries for myself!
Short
by Trading-Ring
AUDNZD Fresh supply & demand ZonesWe are seeing that currently, we placed our fresh major supply and demand zones in our trading pair AUDNZD , It has yet tp be breached with price and hence we have an untouched zone, deemed worthy of being a confirmation for a reversal since our extension area. We are currently in a nuetral position with this trading pair and we are looking to go either long or short based off what price action is going to be telling us.. we have the coordinates on each of my zones, in (AQUA) colour so you can see exactly where my zones are... This will be done with all my supply and demand zone analysis for today only until we exeucte our positions. Watch and wait for either our supply and or demand zone has been Penetrated with price
by Trellz_
XAUUSD Short Trade Idea Intraday SELL LIMITClassic Sell for Gold Now what we see here is COMPRESSION INTO DEMAND. So we see buyers keep buying until price reaches too high for buyers to buy and sellers come into the market. On the 28th of Feb, we saw Gold begin its decline and that is where price is heading to now before it meets its demise and fall once again. Risk to Reward ~6 In my humble opinion, put a sell limit in that zone and forget about it. The SetAndForget Life. Lol. And you can place stoploss at the top of the zone. Apply proper risk manangement if you are taking this trade. This will turn out to be a long term trade eventually but for intraday traders, this trade should suit you well. Just be patient and you will be rewarded. Til we meet again
FOREXCOM:XAUUSDShort
by ricky1270