My monthly indicator is the main signal for the trend for me. As you can see, we are apparently in the overheating phase and there are no signals yet to buy more
In my last post, i showed you how to use candle stick patterns to find a good entry Now when you ae screening for these stocks,or forex pairs you ned to be very careful with the tools you decide to use for this skill. Look at this chart. You will notice that the RSI level is in a trading range on this CAPITALCOM:NZDUSD the price action is just above the sell stop order now this move will take you about 30 days in order for it to be a profit for you also there is a large amount of risk so don't use more than x10 Margin on this one Also, keep about 30% liquid if you are trading future contacts. The good thing is you can also see the rocket booster strategy This is where the following 3 steps are happening 1-The price is below the 50 EMA 2-The price is below the 200 EMA 3-The price has to gap down within 30 days Forex trading is a bit slow but it will give some profit with the right risk management strategy - Rocket boost this content to learn more - Disclaimer: Trading is risky please learn risk management and profit-taking strategies Also, feel free to use a simulation trading account.
BTC looking like wanna make a big or side way correction. I don't see ATH soon yet.
Good morning, traders! Welcome to today's Nasdaq market analysis. Compare my price action insights with your own charts and enhance your trading skills.
GBPUSD Comments: ?GBP/USD edged higher toward 1.250, gaining 0.31%, as the US dollar faced selling pressure during the Asian session. Market sentiment improved due to the absence of new developments regarding former US President Donald Trump’s trade policies and Federal Reserve Chairman Jerome Powell’s cautious stance on the policy outlook. ?Traders are now focused on the UK’s preliminary GDP data set to be released today. Given the recent weak economic indicators from the UK, expectations for the GDP report remain negative for the British pound. Meanwhile, the US economy continues to show resilience with strong data. ?The 1.250 level acts as a key psychological resistance, making a short-term pullback in GBP/USD likely. Plan: ?Price Zone Setup: ?Sell GBPUSD 1.2495 - 1.2510 ❌SL: 1.2550 | ✅TP: 1.2455 - 1.2400 – 1.2350
14h period is better than daytime, I want to show my 3 main timeframes.
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/JPY Buy. Enjoy the day all. Cheers. Jim
TRUMPUSDTT HAVE SHORT POSITION #TRUMP/USDT Entry zone : 17.8911 - 17.43948 Targets : 17.282281 - 16.933144 - 16.584007 - 16.234870 - 15.885733 - 15.536596 - 15.187459 - 14.838322 Stop loss :18.5859
hello trader . current prices: 2916 gold breakout resistance 2905 and gold possible to retest down side and touching support area then i think gold pump upside and creating new higher high support zone: 2905-2880 resistance zone 2936 demand zone : 2953 please don't forget to like comment and follow
After making Double bottom pattern, Banknifty retested it successfully, it seems to be short term bullish after giving rejection and follow-up bullish candle today on daily chart. a good risk reward ratio 1:2 go long. Technal key Factor: RSI above 50 Near 100 Weekly Ema : : Entry above -49700 Target 1st -50611 Target 2nd -51666 Exit/SL - 48500