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Swingsetup

Will NASDAQ finally corect? Nice R-R!Hey tradomaniacs, technically a good sport to sell here though the market is very chaotic and volatile. With the previous breakout and now retest which seems to find supply we could consider to take a short-trade here with a high risk-reward-chance. Obviously risky as we get a lot of FED-Speeches and the market will be listening carefully to every single word they say! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
FX:NAS100Short
by Trading2ez
9
NZD/JPY BUY SIGNALHey tradomaniacs, welcome to another free trading-setup. Notice: Trading bigger timeframe now until tomorrow as there are no news today. Keep your risk low when volume is thin! NZD/JPY: Day-Swingtrade-Execution Market-Buy: 76.920 Stop-Loss: 76.630 Point of Risk-Reduction: 77.170 Take-Profit: 77.950 Stop-Loss: 29 pips Risk: 0,5% -1% Risk-Reward: 4,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Long
by Trading2ez
6
What Is Swing Trading and what are its advantages ?📊 What Is Swing Trading? 📊 ━━━━━━━━━━━━━ Swing trading is a style of trading that attempts to capture short- to medium-term gains in a stock (or any financial instrument) over a period of a few days to several weeks. Swing traders primarily use technical analysis to look for trading opportunities. These traders may utilize fundamental analysis in addition to analyzing price trends and patterns. ━━━━━━━━━━━━━ 📊 Advantages of Swing Trading 📊 ━━━━━━━━━━━━━ 🔴 It allows you to take advantage of the natural ebb and flow of markets. Financial markets never go in one direction forever, and by being able to take advantage of that, you can increase your returns as you in theory are going to be making money when the market rises over the next few days, and then make some when the market pulls back, as it will certainly do sooner or later. 🔴 By being in and out of the markets, you can identify more opportunities. If you look at any financial chart, you can see that there is almost always a definite long-term trend, but the market might not always be at a support or resistance area. By being in and out of the market in a matter of a few days, (typically) you can collect profits, and identify other markets that are setting up for other trades. This allows you to spread the risk around, and ties up a lot less capital instead of constantly having to come up with margin for new positions as you find new trades. By closing your first position, you will not have to deposit more money in your account to cover the second one. 🔴 Stop losses are typically smaller than longer term trades. The stop losses on a swing trade might be 100 pips based upon a 4 hour chart, while a stop loss on a weekly chart that is based upon the overall trend might have to be 400 pips. This allows for you to place larger sized positions instead of extremely low leveraged ones via the longer-term trends.
NSE:NIFTYEducation
by dsp21486
USDJPY Bear Market?USDJPY (Daily) - Last week the Yen finally broke out of the 12 week consolidation zone with a strong impulsive move that came on Thursday. We saw the move violate both the 110.500 and 110.000 levels which are important numbers followed by a retracement move which came on Friday to retest the zone. As long as price remains outside the channel, we can expect more weakness to follow as the market sentiment has now shifted from bullish to bearish at least for the forseable future. As the market opens, we can expect price to test this zone further into Monday and early this week before a potential continuation to the downside. 108.000 looks like an attractive liquidity zone for targets and take profit.
Short
by Swiing
AUDNZD Trading Plan (Possible Waves) -- 09/Jul/2021Hello Traders, Hope you all are doing good!! I am sharing here the possibly coming waves for this pair. The first big move is expected as a LONG trade. Trade Accordingly. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
GBP JPY - Testing the weekly imbalance? or down to 141?Hello Traders and Analysts, Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged neutral, due to purchasing further increments upon imbalances and also a probability of a sell off. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Note - I am an imbalance trader and long term setups will beat the short term. While short term trades are taken, the overall picture is more important. Therefore less is more. Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Scarlet - Four day Orange = Daily Green = 8 Hour Grey = 4hour Pink = 1 hour Here is the weekly imbalance below - where price has comfortably retraced from the monthly imbalance zone. Previous analysis to this; What does the imbalance show? With the highs of 156.XX creating a needed retracement upon a pivot point - the monthly imbalance has been successfully filled. From here using confirmations - shorts were placed to hedge and override long positions. The weekly has created successfully - lower lows - meaning that price is looking to correct. Now where is a good take profit point or where is a strong area to add buys upon the imbalance? Scenario I Using the Bullish scenario - where price will test the weekly imbalance between 151-148 - noting a opportunity to add longs from here. Price has a fresh weekly zone - which is in this area. The pivot point will need to touch the imbalance and reject successfully. Daily imbalances Here is the daily imbalances - where prices has established three zones - where the monthly and weekly have created a as explained above, the lower lows. Price did create a low, and a retracement creating a further daily imbalance which was also the 50%-61.8% The price targets complete the pattern at estimated 148.3XX subject to price taking us to this imbalance point. Bearish scenario Where price is rejecting the 156 - price can fall to a potential low - towards 141. This is due to the heavy bullish imbalance which was established back in November 2020. Price had created a reversion point - and from here the imbalance had tested the rising channel - creating a huge opportunity. With imbalances - price can and will move back to retest the lower imbalance. Despite the overall *3month chart - producing a bullish consensus, the pattern can be a longer term buy. Where price has a probability of breaking the weekly imbalance - the chance of the price continuing is likely. Again this is using probabilities. Fibonacci - Daily Using the Fibonacci upon the daily timeframe, assists with looking for imbalances and confirms reaction points which aligns near levels which are of interest (by looking left). Cross correlations between GBP USD, XAU USD The price chart here signifies what GBP USD is doing, where the dollar is correcting against the pound from an imbalance level at 1. 40 - price is now in a correctional phase, awaiting a buy move, therefore GBP JPY with a strong inverse, is also experiencing the same inverse phase. The 16 hour chart above shows some key levels marked by the Yellow line markings show the correlation between the asset prices using GBP as a positive and XAU as a negative. The correlation will vary between time frames, but in terms of the way the range works, this ignores noisy data on the lower time frames and highlights different imbalances which match up using the four day and weekly crossing of imbalances. Current cross analysis Here is the current analysis using the four day view and the monthly chart to see the rise of the Pound Sterling against the cross pairs as well as the correctional move for Gold. Here is the multi-time frame analysis showing the eight hour imbalance currently being filled. The probability for this to continue moving toward the range top is clearly on the side of the move completion. XAU USD - weekly looks interesting in terms of a correlation aspect. Do you enjoy the setups? Professional analyst with 5+ years experience in the capital markets Focus on technical output not fundamentals Position and swing trades Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXI
by LupaCapital
2
AUDUSD at Key ResistanceAUDUSD (H4) - Last week we saw the Aussie make a corrective move back to 0.76000 following an aggressive sell off from 0.77000 the week before. The market closed just below 0.76000 on Friday with a pinbar on the daily timeframe after price tested the level from below and failed to close above. On the daily timeframe this level is also currently acting as a neckline for a Head and Shoulders which could be signalling a trend reversal for the Aussie. Should price fail to close above this level again early this week, we could see a weaker Aussie with prices sinking lower possibly to around the 0,73000 levels.
Short
by Swiing
GBPUSD Double Top?Weekly timeframe Double Top? Strong rejection to the downside after price, for the second time has failed to break above 1.41200 in recent weeks. A strong bearish engulfing weekly close last week indicates that sellers have now stepped into the market. 1.37000 is the next support level which is also acting as the neckline for a potential double top pattern formation. Could this be the beginning of a trend reversal for the pound? First short targets at around 1.32000 area.
Short
by Swiing
EBAY - 14.18% Potential ProfitGood risk / reward ratio on this trade. Ascending Triangle breakout. Betting on momentum to keep going past the news release of eBay releasing Bag Autenthicating service that could help the marketplace to tap into the second-hand luxury industry. - Target Entry: $65.51 - Target Stop Loss: $63.81 - Target Exit: $75.08 - Risk / Reward Ratio: 5.63 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss - When I see that the market is opening too high/low, I wait for 30 min from the opening bell before placing my order. This is to avoid that initial spikes / drops get me into a position and get me out right after.
NASDAQ:EBAYLong
by maschera
2