With all my trading ideas they are all unbiased reason why - the market is unpredictable. Whatever the market throws us, we are ready to execute. If it goes above the range, we will go for buy, if it dips below range we will then continue to sell with the beautiful dollar weakness. Go to lower time frame, to perhaps trade the range or break out when it occurs....
Stuck within this range but there are still key opportunistic - Clear support and resistance lines. If it breaks to upside we could go above my key area of resistance next is 43 handle below 41.6 i'd go to 40 handle. Whichever side, perhaps put alert in or order in. Just a trade Idea - not a trade recommendation.
This pair has been stuck in this range over month and the best way I can say is to myself and I tell others - Let it break out in the direction it wants to then trade the pull back trade to follow the momentum trade it goes to with confluence adding Fibonacci retracement. PATIENCE. ***Maybe add alerts to the chart and see it reacts at certain levels or trend...
Well we could go back to the highs we had before Covid. However, i'd like it go above 32 areas before I can go for bullish momentum. If we get out within range bearish below 3000 Areas. Keep in mind the key areas of support and resistance areas. It's a very clean chart with clear technical to add confluence. Just a trade idea, not a recommendation.
Copper - where I check is there risk on or off sentiment. Now Copper is an interesting currency technical wise, Will we get pull back as we've reached 161.8 Area. Whilst checking Copper, waiting for pull back before run up - perhaps check other commodities as well such as silver and gold. Long term perspective copper price seems optimistic. Now remember: This is...
I don't trade stocks as much but the technical levels are clean on Tesla. It does seem like a bubble looking chart but let's keep in mind the key resistance areas and support areas. If we go pass that trend line - Perhaps of your choice - take the bear trade down. However, at this moment BULLS are still in control. We must be patience with our analyse - put alerts...
At the moment we have reached an area on the weekly - I find very interesting. The Support area is key but trend lines indicates there could be further momentum to down side. However, if we get further bullish momentum. I'd be keeping an eye on the areas of resistance. Either way - At a key area keep in mind and take the great trade opportunities on smaller time...
As I mentioned from the text I have written. First analyse - who's really in control? The bulls or bears - At this moment of time it seems to be the bull's if we get retracement with 38.2 or 23.6 Fib area could short near those areas or for further confirmation - passing the trend line Up. - Remember just trade idea not recommendation.
It's been difficult month, majors stuck within ranges. However, explore the idea of the minor pairs. I've been trading this pair since last week. A break out - Wait for the pull back and get in for a great R/R (Risk/Reward) Trade opportunity. Remember - To control your own risk management. This is just a trade idea - Not a recommendation. Have a great week ahead!!
Here's a clue: ****Longer time frame indicates shorter time frame movement!!***** Which way will it go, keep an eye on the break of this range or trade within this trade before it breaks out. Enjoy!
Make sure it isn't a fake break out. Check other indicators that will match your plan process. If you need more help regarding learning how to trade or any further enquiring my trading strategy. Comment and like down below! All the best. Key Tip: Longer time frame indicate shorter time frame movement. This is just trade idea, we will not be held responsible for...
In Euro we've been in a range for a while..but looks like it could break out either way! Let's see what happens. I'd wait for break out take the pull back trade to the direction it goes. What a month it has been - Consolidation...!
This is just a trade idea for DXY - Not a trade recommendation for the trade you will execute you will take on your own risk Trade Journal will not be held responsible. We've been in a range for month now..Could we get a break to get back the momentum trades! Whilst analysing the DXY, just a little tip - Think of the other minor pairs...!