Daytrade
EURUSD Possible Bullish WeekGoodmorning traders,
Im looking for a bullish week on EURUSD.
Needs to hold the last weeks range bottem for price in my eyes to continue bullish,
and a Market Maker Buy Model can be in play (Smart Money).
Im looking for a fake push down first to enter my Longs on smaller timeframe levels.
No Financial advice.
Have a great trading week.
Dave
Bitcoin Fib Levels and Prediction📰 Bitcoin played out like we expected, heading up to point (A). It did pump more than we thought it would though. Now it has retraced back down to a
settling level we like.
📉 From here we feel a drop back down to the golden pocket is more likely, than a pop back up to near 25k.
📥 We have entered a SHORT at $24,630 BTC
AMZN TRADE IDEAS 2/13-2/17AMZN consolidating on the primary trend line and the wedge of the secondary trend line.
A break above the daily 100ma, at 99.75, I'll look to take it to 101.18, 103.63.
Between the 200ma, 100ma, and 50ma, AMZN has rejected the primary trend line and broke below a key level at 103.63 and closed below both the 200 and 100ma. The next Moving Average support level down is the 50ma, sitting at 93.
A break below 95.75 and I profit target 94, 92.75. A break below the daily 50ma and I will have the demand zone of 85 in sights!
Bitcoin Scalp Signal for Day Trading🖥️ We have determined there is a 65% chance Bitcoin will Rise from our current entry point.
📉 LONG - BTC : $21,800 📉
💵 Length of trade: we are expecting BTC to hit a $400 scalp, with a high end of $700, and a minimum expectation of $250.
🕰️ Duration of trade: we are expecting the minimum target to occur within 10 hours. Then we see the rest of this trade playing out around market open for NYSE.
📊🖥️ INDICATOR SHOWN ON CHART : Scot Signal Indicator
EURUSD NY Session LongGoodday traders,
Price grabbed the first BSL targets mentioned in post before. Price grabbed it in Londen key timing session.
Im now looking for a continuation setup for the NY session and grab the equal Highs liquidity as target.
Entry based on 5 MIN Bullish OB and an optimal trade entry from the swing that made the Break of the old highs.
Also in discount off the bullish swing (Lower than 50% off the total swing).
Price holded the possible level to create a Swing Low on the daily timeframe.
For me enough, price could retrace bullish into more BSL.
Showing me Bullish price action here.
Best case scenario would be for key the timings: 14:30 UCT+1 or 15:30 UCT+1 to,
create false bearish move out of the consolidation to fill my Long entry.
No financial advice.
Dave
Week of 2/6: SPY due for Thursday sell off? Inside daily candle is not something you want to see if you're thinking upside. I'm expecting a potential bounce at demand around $406, but I think we could go as low as $400 before the end of this week or sometime next week.
Not entirely sure how to play these but I think consider entering puts under $409.70
Londen Setup EURUSDGood Morning traders,
There is a possibility that the market can switch Short term bullish to grab better sells and get some BSL and sell stops out.
Overall market switched Bearish for me.
I will be looking at the green orderblock for a possible Long entry by Londen making the Low off the day, between 8-11AM UCT+1
If price shows me bullish short term switch my targets would be the red box and will take partials on an Daily Breakerblock structure.
Looking at a Bearish weekly perspective the first two days can be seen some bullish price action to mitigate more Shorts and the rest off the week can be continuing bearish.
Just a weekly forecast and possible scenario.
Have a great trading week,
Dave
EURUSD -Big Short opportunity-Good day traders,
Im Looking at the weekly profile to get into a short for the weeks ending, and possible high chance of Bearish reversal and making off the weekly high.
Market has been building alot of SSL without a big retracement yet.
Price took BSL bigger timeframe, that was a high probability for the market to grab for a long time now. Was acting as (fake) resistance line.
Above my range there is a FVG on the 4H way back in priceaction where potential big instutions can be Shorting.
Im expecting market to range before the NFP release and with the release start the reversal.
I will enter on re-entry short for extra confirmation, and avoid the big volatility NFP brings.
Watching for price/NFP to create a last (Fake run) bullish to trap most traders in the market with long positions.
Alert: Wait first for the setup to create after the news release. Could be volatile wicks.
No financial advice.
Have a great day,
Dave
Is XOM a sell for the rest of this week? $110 or below?I have been patiently waiting for a break above $114.16 on XOM. (Typically very even level resistance and support levels are great traps to reverse us the opposite direction of the initial breakout) When we got it we immediately fell below on the retest, leading me to believe this is a false breakout to trap buyers from more volume based on earnings. Additionally, once we started selling above $117, we reclaimed the zone and retested earlier this morning and immediately rejecting all the way back down o $113. If the potential lower high is at $115.84 and can stay under $116, I think there's room to $110 or below.
Fed day is over, have we already had our fun for this week?
Gala To $0.058 Cents Again In The RageGala has been having tons of volatility and as of right now we're at the bottom of this channel on the 30 minute time fame. Mostly everything has taken a slight dip this morning. The short term trend is still bullish and I believe given the volatility we should see a revisit to the point of control on this range which is at around $0.058 cents. The 30 minute MACD is looking like it's setting up for a bullish divergence as well. The $0.06 cents area has been given Gala a lot of resistance so be mindful of that. Remember this is very short term much peace, love, health, and wealth!
Target: $0.058 Cents
Stop Loss: $0.055 Cents
Week of 1/30: SPY Supply and Demand LevelsI'm expecting a retest of supply around $407-$408.20. Otherwise, I'll be expecting a retest of the broken $403-$404 supply. If we start to reject and stay under this 2nd level, I'll be waiting for $400.
If we can hold and break above $408.60 next week, I think the next stop is to retest $410, where we are likely to face some strong resistance.
Left Chart Indicators:
- 9 SMA: Yellow
- 200 SMA: Red
- VWAP: Blue
Right Chart Indicators:
- 9 SMA: Yellow
- 50 SMA: Green
- VWAP: Blue
EURUSD 2 possible tradesGoodmorning traders,
Im looking for these 2 scenario's on EURUSD to take a long trade on.
Both the goals on the trade are to take out the Old High.
Market took enough SSL already so a high chance its seeking BSL and take out the old high.
Also we are still bullish bigger tiemframe, So these 2 trades are with the big trend and bias.
Scenario 1: Aggresive buy.
Scenario 2: Best buy option in discount prices of the swing and has an Optimal trade entry.
NO financial advice
Have a great day.
#ES_F Overview for Monday 1.23.23 Review: Last week Thursday we got back to our possible support area under 3930 and we could see the short covering stabilize the price before RTH at 3915-10 area which was important going forward, during RTH we failed to continue lower and only did a look below Globex low and came back in without reaching next level and taking out the low from 1.10 signaling that sellers are running out. Friday Globex we consolidated more getting all the supply secured, RTH open gave us a flush under VWAP to get the last sellers out and once we got over 30 again shorts were trapped and we began mark up back to our Supply area which is over 3990.
Overview: That flush Wednesday took out a lot sellers from this area so now we might be able to get through it easier and head for our next Resistance area. As we know the goal is to sell product higher to willing buyers and we need to create some demand, ideally we can hold over this 76-71 area or at least over 60 as we now have support below those areas and see a move higher to take out last weeks high which will bring in more demand to the store. I will be looking to see if we get any pull back tonight towards 76-71 area and if it holds or not, the way we high closed Friday we might not get much of a pull back and instead take out 94-89 area first and head for 4000 pocket, if that happens then any pull back to and under 94-89 could be a good opportunity to buy and eventually if we hold over this area and get through that 4000 pocket we can see a push higher into next resistance area to 4046-61 maybe little over it depending how much buying we get.
Levels to Watch: 3976-71 // 3995-89 // 4012-08 // 4030-25 // 4046-42 // 4061-56
For better confirmation we can wait until 4012-08 gets taken/hold either in Globex or RTH tomorrow, if in Globex then we might see a re-test in RTH but either way if we get over this area we could see our move to 4030-25 // 4046-42 and if that is that 61-56. Trading it level to level is a safer bet since we would be in supply area and never know what can happen but ideally everything holds up nicely and we get the full move.
IF we don't hold 76-71 first red flag, breaking under 60 big red flag and will need to wait because if that happens then trip lower could happen but being up here I would think that they will try to run the highs to bring in more buyers to sell product into.