A quick look at gold and silver and a thank you to tradingview 12 16 24 I just did a video and now an hour ago it is more important than this video but I would like to thank tradingview for recognizing some of my wort. if you look up trading View you will see that it has 70 million followers... when I listen to my video I realized I said 40 million''' that's a lot of followers. the main reason for this video is that earlier today I said I would be looking for buyers in gold and silver and I thought that was important because they both took a big hit lower and from my perspective it's time for buyers to come in to their markets. but there are a few only a few caveats and I think it's important to recognize that it is okay to analyze the market.... make the conclusion that the market is going higher... but to come to the conclusion that it's not quite right for you or that here the trade location in addition to the bar patterns in real time don't make it an easy trade and that you should perhaps wait and not take a trade and therefore will not lose money which is an important consideration for every trade. I've taken the position after many years of dealing with bad trade location that it doesn't pay to take those trades but you should still assess those trades especially if some of them work and then you learn without losing money first that there are certain trades you might decide to take because you've had enough experience saying that this particular trade has been a problem for me but over the past 4 traits or 5 trades like this the market did work out in my favor if I take in it and I wanted to take this trade today and if I take the trade there is a stop that I can live with and I will not violate that stop.
Community ideas
Gold silver Bitcoina oilTh.is is December 16th Monday. I know some Traders were frustrated with the drawdown in gold and silver and oil. I thought that the dxy had a chance of going lower even though I pointed out that there were no buyers based on 2 bar reversals and the price action of the dxy.I should have listened to the dxy but at least I understood That the dxy was trading for the buyers not the sellers. and the gold and silver were trading for the sellers.... and all you have to do is know where support and resistance are and where the buyers and the sellers are don't fight the 2 bar reversals even if you don't believe them as they will keep you out of trouble. this is especially true if you are in a trade... let's say that you are long on that trade...Favoring the sellers and there's a two-bar reversal suggesting that the market is going to go lower... take the profit. if you tend not to short the market meaning that you're opening a short position and then watch how the market moves and then appreciate that you spared yourself a drawdown when you got out of your long trade before you gave money back by holding your long position when the market was telling you otherwise. the charts show that there may be buyers and sellers for gold and silver and that you might want to look for trades in those two markets.
Review and plan for 17th December 2024Nifty future and banknifty future analysis and intraday plan.
Swing idea.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar Hiremath, CMT
BTC Cycles & TA: 12/16/24 Two Important Dates coming upWe are approaching the end of this Bull and now the cycles, charts, and indicators are signaling the top is either here or we are in the final topping stages. Watch entire video to see what the charts are saying. This is one of my longest videos, but I think you will appreciate all the information it has.
Get Ready for a MASSIVE Week Ahead! Watch now! 🚨 Get Ready for a MASSIVE Week Ahead! 🚨
Don't miss out on preparing for the upcoming week and the year-end Santa Claus Rally! Make sure to watch this entire video to stay ahead of the game.
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-Major economic news and events
-Market trends for NASDAQ:QQQ , AMEX:SPY , and AMEX:IWM
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Bearish Pressures on EURUSD and SELL SIGNAL ON GBPJPYFrom the higher time we can spot strong bearish inside pin bar on #EURUSD Pair giving a bearish signal on the lower time frame we can see the price dive down to 1.03385 from the current price of 1.05027 having a stop at 1.05974.
For #GBPJPY Pair we can see a strong Bullish momentum as the price hit a major support at 192.87 that pull the price above 194.76 with the target of 199.65 on higher time frame of daily. on lower time frame with this inside pin bar candlestick pattern I see more Entries for bullish continuation.
US30 Currently in consolidation. Bullish or Bearish Next? US30 has been consolidating since last night with no indication if it wants to go up or down. Price is currently sitting around the trend line and may break the trend line indicating it wants to rise but be mindful of the market makers and their desire to liquidate your funds. Wait for a clear entry point for a bullish move above the support at 44,000 or a clears short entry at 43777. Wait for a retest. If you take a trade now you me be in a consolidation mode for some time. Be patient and wait for a retest of the two zones mentioned.
Comment and let me know your thoughts.
Uptrend & Downtrend Bullish Falling Wedge Pattern TutorialA bullish falling wedge is a charting pattern that signals a potential reversal from a downtrend to an uptrend. Here's a breakdown of its key characteristics:
Shape: The pattern forms a wedge that slopes downward, with the upper trendline connecting the highs and the lower trendline connecting the lows. The key is that the highs and lows get closer together as the pattern develops.
Trend: It typically forms during a downtrend, indicating that selling pressure is decreasing.
Breakout: The pattern is bullish when the price breaks above the upper trendline. This breakout suggests that the downward trend is losing momentum, and an upward trend may follow.
Volume: During the falling wedge formation, volume tends to decrease, which supports the idea that selling pressure is diminishing.
Retest: After the breakout, it's common for the price to retest the upper trendline, and if it holds, it provides further confirmation of the bullish reversal.
Example
Imagine a stock that has been falling for several months. The price forms lower highs and lower lows, creating a narrowing wedge. Suddenly, the price breaks above the upper trendline with increased volume, signaling a potential reversal and the start of an upward trend.
Nasdaq Futures Analysis: Key Levels and Strategies for New HistoStart your week with an in-depth analysis of Nasdaq futures for Monday, December 16, 2024. Here's what you'll gain:
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MNQZ24 Monday Market OutlookGovernment Required Risk Disclaimer and Disclosure Statement
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN
Trading performance displayed herein is hypothetical. Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance trading results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
Trade at your own risk. The information provided here is of the nature of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person’s investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade.
You should seek appropriate advice from your broker, or licensed investment advisor, before taking any action. Past performance does not guarantee future results. Simulated performance results contain inherent limitations. Unlike actual performance records the results may under or over compensate for such factors such as lack of liquidity. No representation is being made that any account will or is likely to achieve profits or losses to those shown.
The risk of loss in trading can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.
If you purchase or sell Equities, Futures, Currencies or Options you may sustain a total loss of the initial margin funds and any additional funds that you deposit with your broker to establish or maintain your position. If the market moves against your position, you may be called upon by your broker to deposit a substantial amount of additional margin funds, on short notice in order to maintain your position. If you do not provide the required funds within the prescribed time, your position may be liquidated at a loss, and you may be liable for any resulting deficit in your account.
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NVIDIA Update: Big Levels to WatchHere’s the deal with NVDA right now:
1)If it keeps dropping, we’re looking at a move down to $130–$127.
2)But if it can break above $139, we could see it climb to $145 or higher.
It all comes down to whether $139 holds strong or if the price slips lower. Just keep an eye on those levels and let the market do its thing!
Kris/Mindbloome Exchange
Trade What You See
Tesla’s Next Move: Breakout or Pullback?Tesla’s sitting at a make-or-break level around $441. If we break through, we could be heading straight for $458. But if $441 doesn’t budge, we’re likely dipping back to the $415–$420 range for a breather.
Keep it simple: Watch $441. If it holds, look for the breakout. If not, stay ready for a pullback. Trading’s all about playing the levels—no need to overthink it!
KRIS/Mindbloome Exchange
Trade What You See
SPY/QQQ Plan Your Trade For 12-16: Inside BreakawayThis video highlights what I believe will be a rotating topping pattern setting up in the SPY/QQQ over the next 3-4+ days.
Traders should move away from risk headed into Christmas and the end of 2024.
Gold and Silver will likely make a move higher over the next 5+ days - attempting to recover lost ground from last week's selling.
Bitcoin rallied to key resistance and will likely move into a consolidated range (again).
This is the time to pull capital away from risks and sit tight through the Inauguration. I believe we'll be seeing lots of day trading opportunities with volatility - but I also believe the markets are setup for a downward price swing headed into the Inauguration.
Buckle up.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Cardano (ADA): 10% + 15% + 25% Drop on Different TimeframesCardano Coin can possibly breakdown and we took a look at 3 different timeframes with 3 different target zones and entreis; a total of 50% movement might be caught if everything goes as planned!
More in-depth info is in the video—enjoy!
Swallow Team
GOLD LIVE TRADE - 3193$ Profit booked 🚨 Live Trade Update - OANDA:XAUUSD 🚨
Just closed another successful trade with $3193 profit! 📈 As always, this was executed live right here for you all to see.
The strategy I applied ?
Gann Astro Trading combined with advanced mathematical calculations using proprietary backend software. This isn’t something you’ll find in books or from typical traders because TIME is more important than PRICE, and price is nothing but an illusion .
Over the past 5 years, I’ve cracked the intraday trading code using Gann Astro principles, delivering precision and consistency you won’t see elsewhere. While others rely on signals and gamble blindly, I rely on superior techniques and deep market understanding.
⏳ Stop watching scams and signal sellers. If you’re serious about learning the real way to trade, DM me for 1-on-1 mentorship and elevate your trading game.
🎥 Stay tuned for my live trade execution uploads. 🚀
MOASS: WC: 27.99 Target: 1800-2400 MOASS: 47k-100KTLDR:
BOOM!!!
Volume Point of Control (VPOC) is critical to watch as well
VPOC tracks the major waves in the wave cycle and will sit between major waves
VPOC and where it sits in relation to price, like VWAP, helps us track the progression of waves
Next move will take us to the 35-40 region
Price will then retrace back to the 28 region which is where we will see an EXPLOSION IN PRICE
That move back to 28 will be your last time, maybe ever, to get GME at anything near these levels
The next move after the retracement to 28 takes us to 70
After 70 comes CHEERS EVERYBODY!!!
xauusd on bearish range#XAUUSD on double retracment, price based on H4 past candle have corrected on same direction which turns out bearish, firstly we expect 2644 then breakout below the D1 low will drop below. Sell stop at 2657, take profit 2644-2630, stop loss 2665. Gold bullish is not strong for today.