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FCPO1! trade ideas

17AUG2023 FCPOX23 1000AM Rising price is weakIntraday Trading - 5-Minute Chart 1.The range between yesterday's high and low was about 69 points. The rising price seems weak compared to the previous day. The environment is still choppy, which means buyers or sellers do not have major control of the market yet. A scalping strategy is suitable for this kind of environment. 2.The key levels to watch are around 3800. I would like to see the market open aggressively at this level and apply a short setup here.
MYX:FCPOX2023
by W228
16AUG23 FCPOX23 1010AM Be conservative on long positionIntraday trading: My trading timeframe is 5 minutes. 1.Yesterday, the market rose 96 points from the market open, which is quite strong. However, it appears that buyers are losing their momentum, and may still trap into a bigger choppy environment, so only apply scalping strategy. 2.The key level to watch is 3692 & 3783. If the price falls aggressively to this level, you may consider applying a long setup here, but only anticipate a quick profit. If price start to consolidate at these two level, abort setup.
MYX:FCPOX2023
by W228
14AUG23 FCPOV23 935AM Condition is choppyIntraday trading, 5min is my trading timeframe. 1.Currently, my bias is neutral. There are no clear signs indicating whether the buyers or sellers are in control. It might be a suitable situation to consider applying scalping techniques. 2.There are two key levels to watch: 3800 and 3640. If the price opens strongly and reaches 3800, consider applying a long scalping strategy. Conversely, if the price opens strongly and reaches 3640, consider applying a short scalping strategy. 3.If the price opens gently at the market open, the bias is reset, and we should look for new conditions.
MYX:FCPOV2023
by W228
10AUG2023 FCPOV23 1025AM Bearish condition, be conservative. 1. 1 HOUR: The major trend is bearish, and there has been a significant retracement in that major downtrend, indicating short-term buyer exhaustion relative to the major downtrend. 2. 5 MIN: Its condition is choppy, suggesting a balance between buyers and sellers. Summary: The condition is slightly bearish. If the price reaches 3781 or 3742, the bearish condition will be reset. 3761 is a key level to watch. If the price love to stay around this level, plan for a short setup. I expect a quick outcome; otherwise, abort the mission.
MYX:FCPOV2023Short
by W228
9AUG23 FCPOV23 1030AM Current condition is bullishThe 4-hour chart is currently experiencing a major uptrend, albeit weakened due to a substantial retracement. The heavy retracement is showing signs of short-term exhaustion, which may favor short-term buyers. On the 15-minute chart, sellers appear to be losing momentum. Summary: The overall condition suggests a leaning towards a bullish trend, but a cautious approach is advisable. If price hit 3760 or 3674, the bullish conditions is reset and look for new conditions. Key Level to Monitor: Keep an eye on the level at 3707. Anticipate potential interruptions in the 15-minute price movement initially. If the price rejects from 3707, consider planning for a long setup.
MYX:FCPOV2023Long
by W228