Get started

CFD

NASDAQ BreakoutWhile we wait for the development of other assets we can see a quick opportunity in the Nasdaq. The price broke the trend line of H1 and we expect to see a test at levels 9185 and 9108. A break below them means a deeper correction to 8950. The movement is also supported by the daily chart, where the price met serious resistance! If you have questions or suggestions, share them in the comments, we will be happy to answer you and discuss new opportunities for trades!
OANDA:NAS100USD
by ForexTrendline
2
NAS100 / ANALYSISHello TradingView! We still have a long ways to go down before we re-enter any serious LONGS here on NAS, especially since we're currently locked in a couple already from the previous weeks. Technicals are saying this is an up-trend. I would be more than happy to agree, but we also have to factor in the fundamental news that impacts the market as well. Technicals: Just waiting for the price to move down to LEVEL OF RESISTANCE. If the price closes before we know to enter a LONG in. This would make that level a Support Zone. OR If price was to close below LEVEL OF RESISTANCE we know to hold our short from the new retested HIGH from 19/May/2020 all the way down to 8600-8800 Fundamentals: Lots of 'news' about this vaccine and other market data, such as companies reporting a very slow month (which was to be expected here) we know that this previously has been a slower month for the majors in the index. Personal thoughts: I'm going to be patient, just ride my short down and see what happens. I don't need to enter anything more as I've already closed multiple LONG positions previous to this, this month and last month totalling over my goals for each month in Pips collected. After mapping out any position I'll wait until the next one has been presented to be on a silver platter, once that happens then and only then I will enter. So.. waiting for the LEVEL OF RESISTANCE to be played with before any immediate action. I hope everyone has a great week ahead and you all are making profit somewhere!
FX:NAS100Long
by UnknownUnicorn5989561
[XAUUSD] May 13, 2020 - ALuoTradingJournal***XAUUSD *** Resistance Level Entry: 1717 (Depend on the Candlestick signal) SL (final point for changing in direction) : 1750 (Depend on the Candlestick signal) TP Resistance level (Ideal TP): in between 1626 ~ 1650 Comment: Since after the big drop of 30% with oil, gold spread has not been normal for most platforms. It will not be a considering instrument to currently trade. However, it is still good to keep an eye on the trend, to see how it will go in longrun. (Note: The forecast above is an estimation of the resistance and support level for the Entry, TP, and SL. For more precise positions, will depend on the shape formed with the candlestick at the time.) Roger V WeChat: lokiho512 Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at own risk.
FOREXCOM:XAUUSDShort
by aluotradingjournal
OIL PRICES: Recent EventsOIL PRICES: Recent Events The price of oil decreased substantially in 2020 due to the COVID-19 pandemic and the 2020 Russia–Saudi Arabia oil price war. On 20 April, WTI Crude futures contracts dropped below $0 for the first time in history. Oil Prices collapse into negative prices on Monday was a clear warning of just how scarce storage space for oil is getting. The following day Brent Crude fell below $20 per barrel. "It will take time and money to turn it back on. It's not like a light switch," David Trainer, CEO of New Constructs, an investment research firm based in Nashville. The outbreak of Coronavirus impacted the oil price as many people are staying home. The social-distancing and stay-at-home orders are thought to partly be one of the major factors that crippled the oil price market in the first place. Return of the oil boom is speculated to be coming in the next few months as the world reopen after COVID-19 lockdowns. The demand of oil is thought by experts to return and in turn increase oil prices in the coming months. "When demand comes back online, there won't be as many people there to make the oil," said Trainer. Profiting from a oil price CFD increase: Let’s say you buy an oil price contract at a current market price of US$11.55 per barrel, believing the market price will rise by a certain time. If the oil price has risen at the expiry of the contract, you’ll make a profit based on the difference between the buy and sell price. However, if oil price falls below the buy price at the point when the contract expires, you’ll lose the trade. Heikinashi Fibonacci Resistance Level: $28.77 Heikinashi Fiboacci Support Level: $0.06
TVC:USOILLong
by CeoCodes
3