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Bitcoin bears are back in charge, we now fully expect Crypto to trend towards the downside, especially if the US data coming out this and next week indicates further rate hikes. Rate hikes impact crypto currencies as they are counted as risky assets... similarly to the NASDAQ, yet crypto never really lived through a strong hiking cycle, hence why we believe the...

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We've been bearish all last week on WTI, taken shorts on any valid bearish signals and lower highs that were completed. We expect WTI to head down to the low 80$ mark for the time being. Technically there is a big bearish breakout pattern on the 1D chart, where a valid breakout occurred followed by a retest, see attached idea. We continue to remain bearish...

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Hey all! Since the 19th of July our system has told us to seek to buy higher lows on Bitcoin, our latest additions of buys came in today since we are not expecting a bullish breakout to occur within the next 3-5 days (including today) The upcoming challenges for the bulls are listed if we make a breakout and hold it. There are 3 types of breakouts, and we are...

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NASDAQ currently suggests that we could be seeing strong selling and a continuation of the down-trend should be imminent from this week forward. Looking over the statistics of 2022, whenever we had a correction, as we did for a few weeks now and finally ended in the red last Friday, the NASDAQ dropped for at least 2 weeks with strong momentum, if history is...

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EURUSD is showing strong potential of trading below the breakeven parity level and I highly believe that by the end of August we could break the parity level and trade below it for the rest of 2022. Looking at price action on this one I see 0 reasons for buying, in fact all we are forming is constant lower highs and lower lows... which suggests we are in tune...

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Hey guys! We havent been to active but here we go again! We are taking shorts (swing trades) on WTI based on the current breakout + retest of the support turned resistance. Our Stops are around the 94.2 level while our Take profits are between 80 and 85, we will seek to compound the shorts as the market moves. We rarely take swing positions but couldn't...

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After a major 7%+ drop yesterday WTI is starting to show signs of a possible reversal. To be a successful day trader, or any kind of trader/investor for that matter, you need to have an arsenal of patters which have worked for you in the past and have a high probability rate of success. To us this is one of those patterns, and below is the criteria: - Price at...

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Before you read this, check out the related idea where we released XAUUSD's 1 week chart where you will notice the major support we are referring to in the subject of this idea. XAUUSD is trying to form a reversed head and shoulders right at that support, we already have a possible higher low but we are seeing rejection of the daily VWAP which doesn't make me too...

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Here are 3 key points from the news that hit the markets regarding Elon Musk and Twitter ($TWTR) 1) Billionaire Elon Musk wants to end his $44 billion deal to buy Twitter. 2) Musk’s lawyer claimed Twitter failed to comply with its obligations in the merger agreement. 3) Twitter’s board chair Bret Taylor said the company is still committed to closing the deal at...

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The DAX is in a clear bearish trend and there seems little that can support the idea of upside, one bullish thought might be the fact that the EUR is weak and that could help with exports for the German industry, but with inflation being so high globally and supply chains being so disrupted I highly doubt this will help the German industry generate an income since...

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Gold is currently ranging between the 2000 and 1700 levels. We seem to be heading towards the 1700 support for now and what happens when we approach or hit it will be of importance towards what kind of move we can expect in the medium term on Gold. For the time being we are range bound but stuck at ATH's, a build up is happening and if you were to ask me what...

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Since the April 2020 low WTI has been steadily shooting towards the 2008 highs and remains in a very strong bullish trend. When we have technical and fundamental analysis supporting a direction I would count that the best type of trades we could be in. Of course I am a day trader and looking at this weekly chart does little good for me, but volatility on the...

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On Friday EUR/USD hit a 20-year low, that's a big big deal, but to every effect in the market the is a cause behind it and if we are to succeed as traders and/or investors we need to understand why markets move because knowing the cause can help us take advantage of the effects! ONE BIG REASON FOR THE CRASH: Eurozone's trade surpluses have been completely...

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Hey Traders! Most people think that trading success is found within a system... yet a successful trading system could be something as simple as 2 or 3 basic combinations, knowledge of price action and a sprinkle of instinct. To me successful trading is a completely different path, I believe that real trading success falls into one sentence which is "Constant...

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Hey Traders and Happy Monday! In todays post on our Tradingview channel talk about the importance of the 3 main levels we focus on, which are, VWAP Daily high Daily low Based on what happens at these levels we usually take big action! The video explains more. Enjoy and see you tomorrow! #support #resistance #keylevel

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Hey Traders! In this video we talk about Post Trade Analysis which we believe it probably the best way to develop your trading skills, trading system and general instinct of trading. Today we traded the DAX for 2 hours with complete focus, focus is a vital requirement for trading success as it allows you to be present and disciplined to follow your trading rules...

05:53

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Hey Traders! In todays morning video we go over how you can become more lucky in trading by following 3 basic tips! We hope you enjoy the video, later today we will release a longer video explaining how we use the VWAP and Anchored VWAP indicators here on trading view to spot excellent support/resistance levels and trade with momentum or ranges! Happy trading...

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Hey traders and happy Sunday! In this post we are going over Bitcoins bearish movement using multiple timeframe analysis (MTFA) On the left you see the 5min chart of BTCUSD, where we have formed a double top + a lower high following the doutble top, in the PrimedTraders community & courses this is a must know pattern as it has yielded us many profitable pips....