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Short-long

DAX: Head and Shoulders pictureIt looks like a head and shoulders to me on the 4H time frame, but always debatable. Sentiment changed on this index many days ago, as seen in the 4H ATR line (on this time frame only). This short setup is for true trend followers (not trend continuation). That means it is much higher risk to much higher reward ratios. There are stop losses in trend following, but no predefined exit points. The markets decide the exit. As usual you take your own risk and your own losses. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
FX:GER30
by Captain_Walker
1
BTC Breakout imminent !!!Over the last weeks we had a beautiful triangle pattern forming. Depending on the direction of the Breakout (closure of 1H candle above or below drawn resistance lines) the near-term future of BTC will be decided. If BTC breaks out to the upside, prices could reach approx. 45500 USD before bouncing back. However, the supporting trend line (green) increases the likelihood that the resistance at 45500 USD will eventually break as well and let prices continue their path towards 48000 USD. In case that prices will breakout to the downside, BTC could fall to the strong support of 40500 after which the continuing downward sloped trend line (red) will increase the likelihood of prices crashing through 40500 to eventually reach the next big support area which I see at approx. 37000 USD.
FTX:BTCPERP
by RobbybubbleX
Quick look at BTC - the downtrend continues Here's a quick look at the BTC Daily chart. As we can see, the price has been continuing its downtrend within the bigger falling wedge for some time now. The price is currently at the bottom of the falling wedge, and a break below the falling wedge will lead to a bigger drop in price. The price needs to stay within the falling wedge to avoid a much bigger downside. If the 40k support zone can't be held, then the price may very likely revisit the 33k-37k zone. ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto
5
AUDJPY(1D) - KILLZONE AHEADIt's a killzone. It doesn't mean you're going to make tons of money. In fact you have a better chance of losing money. Unfortunately - I tend to talk more about losses, cuz it's the most important thing in trading to control. Sorry! Assess your ATR, on this time frame. Know your acceptable loss. Control the loss if shorting in the killzone. Prepare to lose! All traders need to do that! Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
by Captain_Walker
3
Indian market: Kill zoneThere is a killzone in this. What this means is that it's an optimal zone to take a controlled loss. Errrh.. that's called a 'stop loss'. That means there are losses involved. Shorting markets is well known to be more dangerous than going long in markets. This is not advice to short. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
I
by Captain_Walker
Ethereum closed $ 50 million in one hour. Watch out for this !Hello everyone! With a sharp drop, price stopped at strong support ($ 3600). Scenario 1 on bullish rises: Make a quick comeback with a bear flag top test or create a short term double bottom on strong support ($ 3600) The surest entry is with test the bearish flag from top. Close to the price ($ 3900) Scenario 2 for bearish rides: Testing a bear flag from below and it will drop (Book play) The best place to entry in this situation is the second low at $ 3,600 tested from the bottom. In this scenario, I aim to test the highs from 09/23 and 09/27, which have not been tested and are very close to 0.5 FIB I myself will deal with a new one with my strategy if it happens. Comment and like. Greetings!
COINBASE:ETHUSDShort
by SayMoney
Ethereum closed $ 50 million in one hour. Watch out for this !Hello everyone! With a sharp drop, price stopped at strong support ($ 3600). Scenario 1 on bullish rises: Make a quick comeback with a bear flag top test or create a short term double bottom on strong support ($ 3600) The surest entry is with test the bearish flag from top. Close to the price ($ 3900) Scenario 2 for bearish rides: Testing a bear flag from below and it will drop (Book play) The best place to entry in this situation is the second low at $ 3,600 tested from the bottom. In this scenario, I aim to test the highs from 09/23 and 09/27, which have not been tested and are very close to 0.5 FIB I myself will deal with a new one with my strategy if it happens. Comment and like. Greetings!
COINBASE:ETHUSDShort
by SayMoney
SHORT and LONG on EUR/USDOn the weekly timeframe price formed a M or (double top) pattern and has been falling ever since. Currently, price has broken a major support area and is now retesting it as resistance. It is possible that price can break back into this old support zone and start going up, or after retesting the zone as resistance it can fall from there. I am looking to capitalize either way. Here are the plays I will be taking on this pair. PAIR = EUR/USD ORDER TYPE = BUY STOP (PENDING ORDER) LOT SIZE = Micro lot (0.01) (0.02) ENTRY PRICE = 1.14175 STOP LOSS = 1.13843 - 33 PIPS / $3.30 LOSS TAKE PROFIT = 1.16794 - 261 PIPS / $26.10 GAIN PAIR = EUR/USD ORDER TYPE = SELL STOP (PENDING ORDER) LOT SIZE = Micro lot (0.01) (0.02) ENTRY PRICE = 1.21481 STOP LOSS = 1.14032 - 155 PIPS / $15.50 LOSS TAKE PROFIT = 1.08125 435 PIPS / $43.50 GAIN
by TB305
"The Final Solution" The Markets Will Feel THE Adjustments DIVERGENCE - FOR YOU KNOW THE TRUTH Don't allow yourselves to be subtracted and divided multiply and unite don't allow the divisions created divide us as human beings for the time we currently live in is meaning less to the final goal. look past colour, look past anything that divides us The MARK ets have an end goal for which you will see. every form of division is control Right, Left White, Black Right, Wrong For, against Yes, No Buy, Sell Unite all as ONE and feel true prosperity for it is the ONLY way. The World Is Changing More Rapidly Than Ever Before Technology can be used for good and bad. Remember for If the lights go out we are all equal once again... SP:SPX TVC:SPX OANDA:SPX500USD FXOPEN:SPXM EIGHTCAP:SPX500 AMEX:SPY BITSTAMP:BTCUSD COINBASE:BTCUSD INDEX:BTCUSD BITSTAMP:XRPUSD CRYPTOCAP:XRP BINANCE:XRPUSDT POLONIEX:XRPUSD
SP:SPX
by MaverickTrading
6
BTC failed to breach 48k once againHello everyone, as mentioned in other ideas, I’m just a day trader looking to learn. Im in no ways an expert so please don’t take my ideas as financial advise. Always do your own research. As I suggested in my first post, BTC attempted to breach 48k just before new year, formed a descending triangle and with options expiryng at 00:00 (With the max pain price at 48k) I expected a sharp down turn to the 46k support, which ended up playing out. Then in my second idea, I noticed the 46k support was holding and I expected it to rise facing some resistance at 47k. I noticed it formed another descending triangle, and thought the pair would re-test de 46k but it broke to the upside and re-tested the 48k resistance. Now after re-testing the 48k resistance, BTC is down to 47k and forming a new descending triangle, with the MACD in a bearish position and the RSI turning down. I expect the price to re-test the 46k resistance and, if the 46-45k resistance is broken I expect a sharp drop to at least 42k (A great place to enter a LONG position). Personally Im waiting for the pair to reach lower prices (42k or lower) to enter a LONG position. Again, this is just my view. I would love some feedback. Cheers!
Short
by cryp70g0d