Selling
USDJPY D1 - Short SignalUSDJPY D1
We are still holding resistance here on the daily timeframe. GBPJPY also still trading much lower than that 182 handle in question yesterday, although the likes of EURJPY has now broken resistance.
USDJPY shorts is certainly something o the radar today, especially after some interesting signs of rejection over the eastern session. DXY sat on 102 support. Would need to see a break of this zone ideally to see deeper rejections on USDJPY.
Should you sell your TESLA shares? ▼We can see price breaking out of a bearish pennant, resulting in a solid move down, retesting first, going down again and now going for a potential second retest of the previous support which now becomes resistance.
Looking for continuation to the downside.
Fundamental backup as the average analyst price target is 180$ a share which is about 20% lower than current prices
This is another quick scalplooking to get in during our London session open momentum, rejection zones at 1960.44. Looking to get in on momentum break from rejection a fee pips down. Entry looks to be safer at 1959.74, aiming for a 2 Dollar move to the downside. If rejection hold we wait for our upper channel to break resistance at 1974.69. We look to aim down entering at 1959.74 exiting at 1956.74
Gold AnalysisXAUUSD
next area of interest for myself is on the D timeframe (daily).
will price reject from this supply, or will price continue higher... we need confirmation before any entry can be made, so this is an interesting one... I would like to know everyones thoughts so please leave a comment on what you think may happen.
Trade Safe.
SHORT ON EUR/USDPrice has created equal highs.
The dxy is starting to rise.
If more bears come in to break the uptrend structure we could see price fall further.
Here is the play that I will be taking on this pair:
Order Type - sell stop (pending order)
Entry - 1.07671
Stop loss - 1.08800 112 PIPS
Take profit - 1.03745 392 PIPS
This is a swing trade that may take a few days to play out so please be patient.
DXY Bearish ContinuationHEY TRADERS:
DXY trade criteria:
WHAT ARE WE EXPECTING:"
i'm expecting a continuation correction which is forming now after that it likely going to be the next bearish impulse down
HOW DO WE ENTER:
wait for continuation correction to complete and for entry on the break below correction
OUR STOP LOSS LEVEL:
above bearish continuation correction
POSSIBLE TARGET:
low zone
THANKS FOR READING
AS ALWAYS TRADE SAFE AND STAY SAFE!!!!
SHORT ON EUR/USDPrice has finally broken below the
support area of a Major rising wedge.
It has since given a perfect retest
of the 61.8 fib level and the bears
have now shown up on the lower TF.
Here is the play I will be taking:
Entry - 1.05828
Stop Loss - 1.06354 52 pips
Take Profit - 1.04155 167 pips
SHORT ON AUD/NZDPrice has formed a Major Rising Wedge (bearish reversal pattern) on the 4hr tf.
Price is also at a Major resistance zone with Bearish divergence on the RSI.
I expect price to do some sort of a stop hunt taking out the previous high before falling.
Here is the play I will be taking:
(SELL STOP ORDER)
Entry - 1.07546
Stop Loss - 1.08118 - 57.2 pips
Take Profit - 1.03486 - 406 pips
*** This is a SWING trade! ***
EURGBP - Trade SetupHello Dear fellows, how are doing . i am fine and looking at charts and i found EURGBP is the Pair i should trade on that , and i will be looking for Selling Opportunity . Stoploss pretty affordable so that also + point .
I will keep updating here whether the idea is performing or not or positions adding Etc .
Take Affordable Risk . this is not your Last Trade keep in mind !
Best of Luck !
Theta Machine I'm starting a new position into some tickers to use THETA as our main income generator:.
The goal is 30% return/year
Sell Puts Delta 5/10/15
55/45/ 40 DTE
Trades/Day = +6
Trades/Week = +30
Trade/Year = +1560
Credit/Trade = +$110.00
Book Size = 3.53%
Book Wipe Risk = 7.06%
Black Sawn Risk = 49.45%
PCR = 35%
Avg DIT = 15
Delta/Theta Ratio = 0.5 (hard to keep it)
Theta/ Vega Ratio = +0.2
Profit = 60%
Loss = -200%
SHORT ON EUR/USDThe Euro has great market structure on the Monthly timeframe showing price is rejecting a major resistance area.
On the lower timeframe price has created a double top with bearish momentum as the dxy is starting to rise again.
Here is the play I will be taking on this pair:
Entry = 1.03352
Stop Loss = 1.03978
Take Profit = 0.09500