🔸Hello guys, today let's review H8 price chart for eurusd. Previously recommended buying low near 1.0650, TP hit +400 pips, congrats if you followed. you can review original setup via link below. 🔸Range lows defined at 0650 , range highs set at 1050/1100. This is the active trading range for EURUSD since early 2023 it's well-defined and it's very unlikely that...
🔸The principles of "smart money" trading focus on understanding the behavior of institutional investors, often referred to as "smart money," to make informed trading decisions. By analyzing market structure, order blocks, supply and demand zones, and market cycles, traders aim to predict price movements and make profitable trades. Here’s a breakdown of these key...
🔸Time to update the AMD trade setup, this is a speculative bull flag with pole setup in progress, with 100% upside potential. 🔸AMD massively trailing behind NVDA entire year in 2024, expecting AMD to catch up next few months. Currently price action compressing withing bull flag, based on measured move projection expecting price target is 240 USD, so this 100%...
🔸Hello traders, today let's review 12hour price chart for TSLA. Recently we gapped up on higher volume, we got two liquidity gaps below market overall this indicates strength, having said that there is heavy fresh overhead supply zone so expecting pullback. 🔸Fresh supply zones at 400/375/305 usd will provide liquidit for a potential pullback in TSLA. fresh demand...
🔸Hello traders, let's review the 6hour chart for EURUSD today. As expected previously we are getting a normal bounce off the fresh demand zone at 0800 currently closing on heavy overhead mirror s/r resistance. 🔸This setup falls in-line with my strategic outlook for EURUSD which is targeting 0500, review via link: 🔸Key mirror S/R detected at 0925/0945, most...
🔸Hello traders, let's review the daily chart for USDCAD today. Trading near premium prices of the multiyear range, established in 2023. Currently risk/reward is shifting in bears favor, so it's recommended to look for sell side setups in this market. 🔸Range highs set at 3800, premium prices overhead at 3880 3960 range lows set at 3300 and premium prices below at...
🔸Creating a comprehensive trading plan is a foundational step for any trader, whether you are involved in forex, stocks, options, or crypto markets. A well-structured trading plan outlines your trading goals, strategy, risk management protocols, and the psychological mindset necessary for success. Let’s break down the core components: strategy, risk management,...
🔸The Smart Money Trading concept, often used in Forex and stock trading, revolves around the idea of tracking the moves made by major institutional players (like banks, hedge funds, and large financial institutions) rather than retail investors. Smart money strategies aim to identify and follow the price action patterns that large investors create, as these...
🔸Hello traders, today let's review 4 hour price chart for BTCUSD . This is no-nonsense update with no MACD, no RSI, no fibonacci, no elliott waves on the price chart. Just pure price action with logical price targets based on recent price history of the BTCUSD. 🔸On the right we got two major recent V-shape recovery price fractals in BTCUSD, the latest was in...
🔸Hello traders, let's review the 1hour chart for GBPCHF today. We are recently trading in well defined range so it's recommended to short sell from heavy overhead resistance, we got clearly defined S/R zones on the 1hour price chart. 🔸Resistances at 1265 1285 1310. Supports at 1215 1195 1165. Currently short-term weak bounce in progress will most likely get faded...
🔸Hello traders, today let's review 8hour chart for TSLA. Entering re-accumulation stage now, expecting range bound trading during next few weeks as we enter pullback/correction. We are closing in on heavy overhead resistace / limited upside currently. 🔸The speculative chart pattern is bullish C*H in progress, expect more range locked price action for a few weeks...
🔸Hello traders, today let's review 3 hour price chart for BTCUSD . Bitcoin trading sideways over last 7 months with extremely low volatility. Having said that, low vol always precedes high vol periods, therefore it makes sense to prepare for the new BTC move in advance. 🔸BTC stop loss clusters located at 71 000 usd / 73 000 usd / 76 000 usd. Expecting bulls to...
🔸Hello guys, today let's review daily price chart for WIF . Noteworthy V-shape recovery in progress, with a decent sequence of higher lows, so overall chart looks good for further gains. limited downside currently. 🔸Strong gains previously in September/Octber, right now re-accumulation in progress so expecting more gains in this market in November...
🔸Hello guys, today let's review D1 price chart for DXY. We are trading inside well-defined multi year range, currently closing in on range highs. 🔸Every EURUSD trader need to study this chart and bookmark it in order to time his entries/exits for EURUSD. Dollar still reigns supreme. 🔸Range lows defined at 100.00 , range highs set at 106.75. This is the active...
🔸Hello guys, today let's review 6HOUR price chart for gold. Trading above key s/r zone 2500 usd, most likely downside is very limited as the bulls are still pushing for the new highs. 🔸Key s/r zones defined at 2600 usd / 2700 usd / 2800 usd / 2900 usd. All dips so far get scooped up and therefore downside remains limited as the bulls are targeting 2800/2900 usd....
Avoiding emotional trading is a key skill in successful investing and trading, as it helps minimize impulsive decisions that can lead to losses. Here are some strategies and insights to help maintain a disciplined approach to trading and avoid being swayed by emotions like fear, greed, or overconfidence: 🔸 Create and Stick to a Trading Plan ▪️Set Clear Goals:...
AI ALGO TRADING INTRO/OVERVIEW 🔹AI algorithmic trading, often referred to as AI algo trading, is a sophisticated approach to financial trading that uses artificial intelligence (AI) algorithms to make trading decisions. It combines finance, statistics, and computer science to analyze vast amounts of data and execute trades in real-time, often at speeds...
🔸Let's review EWTX daily price chart. Strong V-shape recovery in progress. YTD gains at 218% off the lows, which is an EXCELLENT indicator of the overall health of the stock. Trading 5% below 52 week high. 🔸Based on technicals, I envision a C*H breakout in 2025 after we hit overhead resistance we can expect a pullback in order to fill the massive liquidity gap...