Another great week to be trading Bitcoin; i hope you guys traded this week because it was a very volatile week to trade.
We continue with the short order flow on the euro, and the context remains short as well. There are no significant signs of a reversal observed yet. For a change in sentiment on the primary timeframe, it is important for the price to establish itself above 1.0735. I don't expect any particularly clear movements for the day since the intraday target at PDL has been reached.
CAD\JPY: in the dynamic interplay of market forces, the attempt to capitalize on a breakout at the crucial SR level was met with market resistance, leading to a downturn. Nevertheless, astute traders remained attuned to the overarching uptrend, which provided a guiding beacon amidst the fluctuations. The formation of a double bottom pattern served as a beckoning...
Japanese Yen sticks to modest gains against USD, not out of the woods yet The Japanese Yen attracts some buyers and recovers a part of the post-US CPI slump on Wednesday. Intervention fears, along with a weaker risk tone, underpin the JPY and exert pressure on USD/JPY. The divergent Fed-BoJ policy expectations should limit any meaningful corrective slide for the...
1h - On the hourly timeframe, we have FVG from both sides, the overlapping of which is the main task in working with liquidity. Based on the higher timeframe, I anticipate a strong reaction towards short positions during the news.
#GBPUSD short context PDL target for day, waitng for liquidity work with fractal high in FVG
#EURUSD day plan. Short context on all TF planinng to open possitions with a target of PDL. lots of news today, in NY open be careful
- JASMYUSD has soared to +8.72% since i issued my alert in the morning - Currently the idea represents a 4x move, this is the Maximum Favorable Exersuion (MFE) - Generally when. a trade receives a 2x I do 1 of 2 things: 1) Either reduce half 2) Bring stop loss to breakeven /Sometimes I use more avanced techniques but not the topic of conversation here/ Since...
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
- Opening a position. - Very risky so I have positioned sized accordingly - Very tight stop as well I want to see this GO right away and have no patience It is a lower quality name in an uncertain market. I see above average volume moving up. Consturctive pattern. If you are aware of the High Tight Flag (or PowerPlay) concept in stocks, I use this analogy when...
- TON is acting great - It is a good place to improve the worst case scenario and move stop loss - I would protect +15% guaranteed win on the position IF i have not sold before (READ PREVIOUS ALERTS I OFFERED A FEW SCENARIOS HOW TO PROTECT GAINS) - If you sold half already at +25% Profit, then you can keep previous stop at +10% and give it more room to play out (I...
USD/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. AUD/NZD Short Minimum entry requirements: • If 3 touch 1H continuation...
USD/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. CAD/CHF Short Minimum entry requirements: • Tap into area of value. •...
- Coin continues to move up, today it soared +24% profit - When a position makes such move, I start to aggressively protect and guarantee myself a profit. - I would advise 1 of 2 things: a) raising Stop loss to +10% OR b) sell half and keep original stop a) or b) depend on your goals, risk torrelence and profit targets
Resistance Levels: 1. Resistance at $89.01 and $91.11: These levels represent significant barriers where selling pressure may intensify. Traders should watch for price action near these levels, as a breakout above could indicate further bullish momentum. 2. Secondary Resistance at $93.73 and $95.00: These are additional resistance levels beyond the initial...
USD/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. AUD/NZD Short Minimum entry requirements: • 1H impulse down below...
- Alerted this morning - Stock moved +10% on the daily this is an indciation for me to improve the Risk:Reward scenario - If you traded it, it is appropriate to move stop loss to breakeven –––––THIS WAY YOU GET A RISK FREE TRADE––––
I believe the 61.8 will play an important role in the market as we approach the FVG