Market is at bearish movement creating lower lows and taking out sell side liquidity .. I'm selling once market is at higher price +OB @11415.00 For now let wait for pull back to take out buyside liquidity 2023🇿🇦
The white ghost bars are my thoughts and analysis as to how the market will move in the next couple of days. This is looking to be climbing at a faster rate than US30 so therefore it is going to possibly be more volatile. This is now opportunity but there is still probability of the inverse happening.
The Nasdaq index is in a downward trend line in the four-hour time frame. If this trend line breaks, it will follow the upper targets, and if the trend line is rejected, it will see lower targets.
Hi All, I used the ChatGPT Open Source Ai bot for the first time. What a pleasant experience it was too! I asked it to create a simple scalper for trading financial markets and it produced an SMA based crossover strategy. The code is simple enough to update with profit set to 6pips and stoploss set to 20, which sounds like a dreadful R:R. Oh yeah...its 100%...
US100 continued to fall, breaking the previous upward trend line support. At present, the bearish trend is dominant, you can pay attention to the resistance around 11400, if the rebound encounters resistance, you can consider shorting, and the lower support should focus on around 11100.
The Nasdaq has also had yet another key rejection. I was expecting there was enough of a base to see a breakout.
expact a retest to fib level and then it will continue to down side
I constructed a simple trendline to estimate the time during which we will be in recession. I used the level at which governments around the world pumped stimulus money into the world economy as a reference point. My theory is that the market will correct itself to that level (maybe a bit higher) before going into a steady bullish trend. It would be great to get...
Im looking to see a mitigation of the candle that led to the huge upmove after NFP. We could trade into that and go back up, or just continue to drop. Will update on this after we reach the zone and observe what happens there. Trade Safe Not Financial Advice.
Hey Guys, This is a v2 of the simple scalper that published recently. The script now has a trailing profit function and a fixed stoploss. I'm trialing this on the NAS100 with the following setting; Fast SMA: 6 Slow SMA: 7 Trailing take profit from: 2pips Stoploss : 30 pips Timeframe: 15m I'm hoping someone can tell me this isn't real, as the performance is...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
I waited for the FVG to be filled and took short in the the FVG at discount.
Short-term bias is bullish , so waited for a 5mins displacement upside with FVG and came back to refill the same.
This is my vision to US 100 (Dow Jones). Wait for claster zone , and follow the trend 📈
Short-term bias is bullish , so waited for a 5mins displacement upside with FVG and came back to refill the same.
This week's gotta be a down week for the entire market. At least that's what the data i have says. Meme stocks, fundamentally strong stocks, everything should be down and that includes CROX/DDS/KO etc which will provide a nice buying opportunity at their new lows. The Bank Holiday Monday provided a nice opportunity for ESand US100 to flip over and an opportunity...
Move to the sell side after looking at the 4hr chart yesterday. Overnight profits were made, but I pulled the trade slightly early just due to the fact that I'm working with a smaller account.
Td26: Yesterday BULL setup went well, However, the bulls couldn’t even hold it before the BEARS returned—AGAIN. This time, I really don’t know the plan. The NQ has been going back n’ forth for the longest time and we are left to manage her scrumb everytime. What’s the plan?