We went for a short on OANDA:NAS100USD SOLD THE NEWS AT 17351.79 STOP LEVEL: 17376.77 ANTICIPATING TAKE PROFIT AT 16994.38 CHART AS OF POSTING: Enjoy the pips.
Hello Traders and welcome back to another Video analysis. We break down the relationship amongst different asset classes when gauging market sentiment. In particular, how to analyze market direction on the Nasdaq 100 by looking at the Volatility and Dollar Indexes. We combine this sentiment analysis with candlesticks, and how they leave clues for us when...
New World Capital - Article 4 (continuation) US30 The liquidity grab happened and we bought the dip. We now have 2 positions opened before the session ends. We can expect more liquidity grab during the next London/New York session approximately from 5:00AM to 8:00AM (PST) Buy ( 2X ) US30 @$38000 - $37800 TP@ $38539 SL@ $37655 Risk: 1% - 10% Reward: 7%+ - 70%+ Day Trade
Rally was short and sweet. Got 0.50. Fibo. Meta cracked it. Was fading all day already after the morning pump; just three up days. C legs typically extend farther and give a 1.62 extension, capitulation and panic prevail. May will be Bearish, at least to start, imo. Need to watch this correction carefully to gauge whether it takes ABC form or a more sinister...
Nifty opens gap down but bulls stretch their arms for yet another session and made days high that is 22625. Nifty was up almost 200+ points, at closing time nifty was up by 167 points which is 0.75%. Index has formed a big green body candle with upper shadow on daily chart which indicates participants were buying from days lower level. Candle is 90% above...
Taken a nice short scalp on US 100. Entry 17279 TP 17225 SL 17327 IF we don't hold these current 1H lows I would expect further pa to the downside targeting the HTF sellside liquidity IF we hold these current lows expect us to retraced towards 17350 and the buyside liquidity resting above. Bear in mind the overall HTF from the daily and weekly perspective....
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
Possible move on the dxy based on structure expecting volume as USD have high impact news at 1:30 EST
it false breakout yesterday. today NASDAQ is really good BULLISH momentum. buy on support 17350 , 17325 beware the pattern might be little bit tricky. we already have strong support at 17250 -17150 (please dont risk more than 2% in trade) watch your risk management. Good Luck. i try to always we will keep you all updated . Please don't forget to like,...
S&P 500 Rebounds after Negative GDP News Data released yesterday showed US GDP growth slowed to 1.6% in the first quarter of the year. According to ForexFactory: forecast = 2.2%, past value = 2.4%. Reaction to the news sent the S&P 500 mini stock index (US SPX 500 mini on FXOpen) sharply lower as market participants may fear a period of stagflation — a period...
The DXY has made a bullish reaction off the pivot and could potentially bounce higher towards the 1st resistance. Pivot: 105.52 1st Support: 105.08 1st Resistance: 106.29 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable...
Chart is showing bearish divergence. Head & shoulder pattern is visible at recent HH which is also a bearish pattern. So we can take entry at the break of neckline as that point will confirm trend reversal.
POI areas for today. I'm waiting for price to take liquidity and react to these areas. I shall personally take entries dependent on how price reacts in these zones. If price takes liquidity on the 1m timeframe in any area and shoots towards a POI, then that POI is more then likely invalidated. If price slows down before reaching a POI, then it's more then likely...
🏃♂️The DXY index is moving in the Ascending Channel and seems to have broken the 🔴 Heavy Resistance zone($105.88-$104.65) 🔴, and is currently moving in a small Descending Channel and making a pullback to this zone. 🌊According to the theory of Elliott waves , it seems that the DXY index has succeeded in completing the Zigzag correction(ABC/5-3-5) inside...
Hey folks, Exciting developments in the world of trading! 📈📉 The dollar index just made a significant move, breaking and closing below a major daily support level. 🚀 What's more intriguing is the response afterward—a bullish retest that's met with a strong bearish reaction. 🐻💥 This could be a game-changer, indicating a potential downward trend in the dollar...
BUY ABOVE - 22620 SL - 22570 TARGETS - 22670,22720,22770 SELL BELOW - 22510 SL - 22570 TARGETS - 22510,22430,22390 NO TRADE ZONE - 22510 to 22620 Previous Day High - 22620 Previous Day Low - 22320 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
- Price built liquidity above 38600/39000 and we still see unmitigated order block at 39200 level. - As you see on the charts price already retested the last bullish move mitigating the bullish order block at 37800. * Closing above 37900 could be a first confirmation.