Here on US30 price has moved down and now trying to touch the support zone so is likely to rise after doing that so the trend is in uptrend so trader should go for long around level 41949.5 and expect profit target of 44366.1 . Use money management
Today will be gap down opening in banknifty. After opening if banknifty starts trading below 51950 level then expected strong downside rally of 400-500+ points. Any upside reversal only expected if banknifty sustain above the 52050 level. Upside 52450 level is the resistance level for the today's session.
In the trading business you need to let your profits run while also managing your risks that means to cut your losses short. Losses of unrealized profits are real profits that are lost. What if you could save them? Well, there is a way... It is not always available but it is one you want to know since if you can save 3 points of wiggle room and pay 1 point or less, over the long run it adds up to HUGE chunk of profit to your bottom line. The reason I applied this method is because TSLA was doing 3 days in a row a push and gap up, so it seems likely people will want to take profits... but this is TSLA... it can shoot up above 500 and reach who knows where... (she did it before...). So I want to TAKE MY HUGE profit, while giving it the option to continue to the moon, if it will want to do so... You can never take the very top anyway, so if you "give back" 1 point of profit it is considered reasonable, but if in case the price falls down sharply or gapped down I can give back maybe 3 points with this strength of volatility, which is undesireable. So what I did? I sold the PUT option at strike 470 at a price of $15 (my point was $17) so for me it is even less than a point so it is very attractive deal to me... Then... if the price had crushed down it meant for me that I sold my stocks at a price of 470 while paying the hedge cost of the PUT option of 15 so it is equivalent to me that I sold my stock at a price of 455, which is ALMOST the top. Making sure ~90% of the profit stays in my pocket. So I WIN. If the price would continue to shoot up, then I making SUPER HUGE MONEY, while sleeping like a baby, that I already realized my HUGE profit. So I WIN. So either way, I WIN ! Since the price did not crushed the next day and hold, and my stop loss advanced, so there was no longer need to my PUT option hedge since if price will fall I will get out with the stop loss with the same profit. So I sold the PUT hedge for a small loss, so the hedge cost me 0.25 a point overall. SUPER WORTH IT ! FYI, this comes from years of experience, but I give you some of my experience, you could do it too. The moral of the story... when you have HUGE profit, and you feel itchy to take profit, don't ! and try to hedge yourself with options ! this way, if you were wrong and you have GME, AMC on your hand, you don't let them go, and you WIN either way ! Sleeping like a baby.
Dear Traders, The EUR/USD pair is currently hovering around the 1.0378 mark, extending its bearish momentum for several consecutive days. This persistent decline has been largely driven by the Federal Reserve’s hawkish rate cuts, which have bolstered the US dollar and exerted downward pressure on this major currency pair. Analyzing the 4-hour chart, it’s evident that the pair remains below the 34-period EMA, signaling that the bearish trend is far from over. After failing to sustain the upward momentum near the 1.0450 level, the price resumed its descent, reinforcing the dominance of sellers in the market. Given these factors, my personal analysis suggests that the downtrend is likely to accelerate in the near term. Any potential corrective pullbacks, in this context, could present strategic opportunities for sellers to re-enter the market. What’s your perspective on this outlook? Share your thoughts in the comments below—I’d love to hear your take!
Testing out a new script that is designed just for AMPL. I'm curious how it will turn out with the rebases. To watch it in action check out my discord trading room. https://discord.gg/wtUjMyHf In testing mode. So none of this is financial advice advice.
Just on the last bull run we had a huge push up. Before having a pull back of 40%! That’s massive. Lot of people sold and took the loss or small gains. This happened over 7 days of lower lows and then BOOM! Over 14 days 177%!!!! There are a lot of people who do this. Give you hope. But this is just data. Good luck trading out there.
Ada Wyckoff spring, tapi hanya pembentukan corecction pattern sahaja
While everyone is riding tesla fomo, im in Amazon at 200. Why? Same reason I bought TSLA this April. Low P/B vs other mags and vs its own historical P/B. RSI on W shows big moves up and hidden divergence on both MACD and RSI. Free cash flow is crazy. Ecommerce is gonna be it boys. 2025 lets go. After Amazon hits the 2.618 fib at 350ish, time to rotate back to tesla. By then tesla should fall and consolidate.
The price meeting the support at 98000, where we can see the divergence spotted with the RSI decline lows and the BTC price lows increase. sign for buy long for the 4H chart, daily Chart, price is going down.
this is a perfect example on why we should not only focus on a strategy but also on fundementals