First, select varieties Not all varieties are suitable for day trading, in order to obtain a profit in the day trading, the first thing to choose a good subject matter. Only those with a large variety of volatility and liquidity can make traders make profits quickly. I recommend: EUR/USD, AUD/USD, USD/CAD, GB/U, XAU/USD
EURUSD - 30-Day Fed Fund futures prices
EURUSD vs. 30-Day Fed Fund futures prices
It seems history is repeating it self. I consider the retest a good opportunity to short. Technical analysis: break out of trentline and retest Fundamental analysis: Yellen's hawkish tone for rate hike, Brexit uncertainty
Although I do not have access to a Market Profile indicator on TradingView , I've shaded in the areas (on a 30 minute bar chart) where I see two separate distributions from Friday's double distribution trend day selloff. If the market opens Monday in the lower distribution, I would look to enter a day trade short if price rallies to the high of this balance and...
$CTRP recently broke out of resistance, so i'm going to be watching for a possible red to green move right out of the gate tomorrow morning!
NZD USD overall up trending momentum seeing Bullish signal on support trend line pull back, close to major 1D support area. Looking at 50 point stop, placed below the low of the previous indecision candle. Entry - looking for further bullish momentum to break previous candle high @ 0.6803 1.2 risk reward
Just a short trade review which should emphasize the absolute necessity of your trading plan! Just FOLLOW YOUR PLAN! Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl
USD CAD WAIT LONG PATTERN AND GO LONG TARGET 1: 1.3414 TARGET 2: 1.3656 --> SO WTI OIL WILL GO SHORT
AUD USD GO SHORT AFTER PULLBACK TARGET 0.7383
macro money margin market models momentum net offer ofset open order options paid pair patient pips portfolio profit pullback put quoStill waitingte rally range rate realmoney retail risk sector sell settlement short slippage spot stoploss swap swiss takeprofit technical trade trading trader traderslife trend unemployment value volatility wedge work
My analysis - bullish gartley pattern + symmetrical triangle .
Should expect a pull back to the .5 followed by a rally to the 1.618 extension
Gold did not rebound much on the equity crisis, and did not play its safe haven role... That makes me think that is we see the equity rebounding in the next weeks, gold could see lower bottoms. Technically, we have a nice push back on the resistance (old support) where I put my stop loss. And if the channel is still valid, my target is below the July's bottom at 1040.
Throughout this entire year, USDCAD has been rallying which can confirmed on the larger timeframes such as monthly, weekly and daily. I'm basing this trade based off of that momentum and on a simple trend-contination setup. As you can see, price has been consolidating this past week and along with all the momentum n volume today coming because of greece, Im...
Same play as i posted before on the 4hr chart but this time on a smaller timeframe. (attached in the related links) Same rationale as well as there is clear selling pressure building from the triangle/wedge pattern from the last few days. Expected price target for this play is 130.90
The GBP had a 1.5%-1.8% rally today and it needs to retrace if it want's to keep up this upmove. Euro on the other hand has been going down (fx eurusd) and is looking like a potential long especially if the us unemployment is worse than expected. Currently I am expecting just a pullback to 0.236 fib level. Technically: The price is at a support level. And if you...
Hey there traders, this is Ahmed from Pro Trading University, Everything is explained in the chart except the stop loss & targets. The stop loss goes 10 pips above the previous cycle high. Initial target comes at previous structure (the bottom of the double top). And no, the head & shoulder doesn't have to do anything with my entry, I just felt like drawing a man :)