Hi there, US30 has seen a bullish pump from the last hour on friday and early hours of market open on sunday and monday london session. US30 formed a double top on 2mins frame and waited for confirmation for short.
3 trades for Aug 20th 1 loss 1 reduced risk loss 1 ongoing
Upside seems to be limited to 0.6480 - 0.65 which makes me want to just wait for that level to be tested to give it a new assessment. I believe with that strong confluence of resistance, we should be able to at least scalp 15-25 pips off that level of resistance if price action arrives there by tomorrow.
In this update we review the recent price action in the emini DowJones futures contract and identify action areas for the week ahead and price objectives to target •Past performance not indicative of future results
In this live trading session video,we look at potential trades setting up for the week on GBPUSD,S&P 500,Brent Oil,Bitcoin and many more.
Bitcoin and SPY in a 3 waves down move. We will see if it can get a reversal here but expecting more to come to get us 5 waves into 21500-25k area for bitcoin. Not sure on my micro count. could be a sub wave 3 of 3 at this point. Refer to previous video for macro outlooks and haven't changed opinion. Not financial advice.
Scalp trade setups likely for today and tomorrow with 1900 scale to the downside and 1885 scale to the upside.
Just based on my experience, whenever price action remains low without much of a pullback, it will likely drop even lower. Furthermore, we are also holding below the 200SMA on the daily and weekly timeframes. For me personally, I don't see any low risk setup for buying BTC at this point.
Looking to go short at these levels 1.0905 for a simple scalp down towards 1.0880 = 25 pip reward. Why am I short selling? Well taking a look at the timeframe, I believe we're up against the midrange pivot and the trend is still holding onto a bearish channel.
Last week at the end of the week we saw smart money trying to fake people to the up and downside. On the smaller time frames, you see the dollar falling really nicely. Breaking small Breaks of structure. I am waiting for the dollar to hit the 4-hour Support area. I am looking for signs of weakness to the downside and push back up again or price might just break...
It is vital that every trader knows the basics of Forex Trading. The trading basics in my opinion would be: Market type, Market structure, Market trend, and Support and Resistances levels. Candles should be your last confluence.
NIFTY ANALYSIS FOR TUESDAY 22ND AUGUST 2023-FOR EDUCATION PURPOSE This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI...
BANKNIFTY ANALYSIS FOR TUESDAY 22ND AUGUST 2023-FOR EDUCATION PURPOSE This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI...
Here in this video we have discussed current trend of Nifty, bank Nifty and Finnifty and tried to identify some important support and resistance levels.
☝️Disclaimer: ALL ideas here are for EDUCATIONAL and MARKETING purposes only, not a financial advice, NOT A SIGNAL. I share my view on the market and search for like-minded traders. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as trading in a simulated environment. 👉I believe that "right or wrong" mentality is a fundamental flaw...
finally price manage to break the res so we can enter buy trade directely or wait for a little retest
☝️Disclaimer: ALL ideas here are for EDUCATIONAL and MARKETING purposes only, not a financial advice, NOT A SIGNAL. I share my view on the market and search for like-minded traders. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as trading in a simulated environment. 👉I believe that "right or wrong" mentality is a fundamental flaw...
Price is approaching our sell entry at 4401.43, which is a pullback resistance level, and at the 23.6% fibo retracement. Our stop loss is at 4449.30, which is placed slightly above the 38.2% fibo retracement and it is also a pullback resistance level. Take profit is at 4341.27, which is a multi-swing low support level. Please be advised that the information...