Potential Short entry at the break of the current Low, and sl above the previous major high with 12 Pips, I would be going Breakeven and taking partials at 1-1 (12-Pips), Final target would be 24 Pips
So we have achieved one target for price and that was to reach the Daily V.i and so far London has rejected going higher... Would like to see price head down post 0930est My target is still 80.50 just waiting for price to align with my thoughts is what is most important before pressing the button. At minimum PDL would be a bearish target I don't see why we would...
BXC's Risk to Reward Ratio is x6 BXC's May 1st earnings should be watched before deciding a position based on Fib support points. Recent News BlueLinx Names Mike Wilson Chief Commercial Officer - April 2nd, 2024 5-Point Inspection by OnePunchman: Free Float shares: 8.3M - Positive Cash & equivalents: 521 M - Positive Debt: 617M - Positive ...
Idea: XAU/USD likely to rise for day trading. Reasoning: Gold is strong amid uncertainties and inflation concerns. Trade Plan: Buy XAU/USD with tight stop-loss, target short-term resistance levels. Risk: Monitor market sentiment and economic data, be prepared to exit if conditions change. Entry: 2351.69 SL: 2341.69 Target 1: 2361.11 target 2: ...
I believe that the price of gold will rise in the short term due to economic uncertainty, but will eventually fall as the economy stabilizes and risk appetite increases. Entry: 2353.13 SL: up first wait for entry after price comes back down to entry 2353.134 then SL will be 2356.44 Target: 2333.81 like share and comment TradeGod out #signal #daytrading...
Let me give you another great idea entry: 12.454 SL: 11.840 Target: 13.959 Target 2: 15.023 Thanks like, share, comment #crypto #ENSUSDT #daytrade #weekendtrade #signal TradeGod out
With the fall that just occurred, Groupings A and B of cryptos are going to want to rebound and rise. They’ve already made the reversal. But even long term. They purchased CDA to assist with the purpose they exist and if that isn’t enough to convince. They’ll be changing their name from matic/polygon to just Pol. 5am-7:45amEST WILL be the last chance fire for...
Looking forward to entering Long on BCOUSD after NFP today. Am not too eager to enter, if it happens, its good. If it doesn't happen, I am fine too, since today is Friday, and I have to hold my positions over the weekends. I am used to holding trades over the weekends, however I prefer the weekdays. Therefore, when Mondays roll around, I thank God its...
My Bias on Usdchf remains a buy, but I think it’s been over bought for a while and it’s currently having a pull back. So here is a quick reversal trade to make quick bucks. cheers !!
Hey there! Let's talk about the 3 possible scenarios that could happen with LVLU at its current rates. What's more, we'll also consider the 5 risk/reward factors that could affect these scenarios. 1st Entry: to be made when the 2 parallel line range is broken upwards. With Stop Loss Below the yellow upper parallel line and take profit $0.10 below red line as...
Based on previous Black Friday Sales, it is clear to me that Aha! Now I know #002 is the next pre-release initial investors buying in cheap period before the other market players catch on. There is never certainty that this time round's Black Friday Sales will be a success, and if it happens to fail, I would exit for a small loss as usual, probably at 40% of my...
demand for EU50EUR has been on a sustained up trend for several weeks now, and discounts has been offered miserly based on the 10EMA as seen on previous Black Friday Sales. I have placed an Buy Limit near the 10EMA discounted zone, expecting the order to get triggered. Since this trade is being read on the Daily Time Frame, the amount of time it would take for...
I am longing GBPJPY specifically because the currency Strength chart I found on TradingView says that GBP is currently the strongest currency on the Daily Time Frame. I am expecting JPY to continue its decline despite Intervention by the BOJ, as past data has shown that it has been not effective at containing the weakening of YEN. I might change my order to...
Third trade I am taking today. Two other trades earlier today was closed for small loss of a total of -0.46R(NZDUSD) and maybe -0.56R(CADJPY). I realised my folly. I should have checked the big boys level on the 4H and/or even also the Daily Time Frame as confirmation before entering my trades. I need price to be at a discounted price zone on the Big Boys Level....
CADJPY trade I took is different from the NZDUSD LONG I took earlier on. CADJPY is a continuation of a "proven" product over "years" as marked in the chart. Whereas NZDUSD is trying to "revolutionise" the "industry" by reversing the trend from short to long. CADJPY to me is a quickie as marked, I will take two orders both for 1R TP. The first order is strictly...
Just long-ed NZDUSD when price came to a level where "The Market Remembers"(support area). The final push towards the down side was strong, and then 10/20 Period Mean Price crossed over, signalling to me that the dynamics has changed. The 10 Period Mean Price is able to be higher than the 20 Period Mean Price, telling me that there's a shift in peoples...
A look at the daily chart will help support my last post. You have the MACD divergence, the trend breakdown, the volume spike... nothing about this looks bullish to me. If anyone has a different outlook I'd love to hear it. If I'm not seeing something, please let me know.
This is a possible scenario for GBPUSD, annotated on the 1h timeframe. Price just took out sellside liquidity and reversed back up rapidly during news on the 1st March 2024. There is much trendline liquidity residing above, but there is also a 3-week and monthly FVG below (off screen). The narrative I have in mind is for price to at least either make one more...