Market Bias - 11/18/2022Bias: Choppy Bullish.
Top Watches: Long - FL, SPWR, ROST, GPS, JNJ. Short - GTHX.
Follow my page for daily review/bias of the market and top stock watches for day trading every morning!
Tune in to my livestream every morning from 9:15 - 10:30 ET to see real live trading and get a more thorough review of my top watches!
Tradeideas
AUDUSD trading the consolidation zone!Will be looking for rejections on either side of each support and resistance within this consolidation zone we have created on the 4hr.. Possible rejection for a reversal? we never know and id rather be positioning myself for entry's to try catch it if we see that scenario.. but also as always never forget overall downside direction the the different time zones!
GoldViewFX - 20 PIP SIGNAL SETUP IN ACTION!!!
This is a simple 20 pip setup that can be used in ranging conditions allowing intraday setups both ways.
We look for EMA5 to crossover MA21 UP or DOWN followed with a 1H closing candle, which we call the locking candle. Once this is done, we then enter on the next candle and target 20pips.
The example on this chart shows the setup in action hitting targets up and down.
Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
$APRN Commons Long Swing IdeaSome attention to this name recently up 164% last 3 months and one of Citadel's longs they constantly pump
I like the way it's bouncing off the 21 daily moving average and right here at the .618 FIB retracement.
Starter position at 500 shares, first PT $7 and will add more at $6.5
Loss of 21 DMA invalidates trade
SPY / SPXL - S&P 500 Analysis - Outlook$SPY 👀 -
💎 This chart, is a perfect example, how institutions are constantly building up liquidity (a massive of limit orders and stop losses of inexperienced/unsuspecting retail traders) to run them out (stop hunt).
💎 You see how easy it is to get caught on the wrong side of the market, if don't know how to read the charts (interpret them and forecast/anaylsis market cycles and future insititutional points of interest to be visited or revisisted.
✌️ If you're getting value out of my posts, then Follow, Share, Like, or Comment down below. 💰
#buildandgrow
📚 Updated Chart:
SPX500USD - Market Update: 09/02/2022$SPY (SPX500/USD) 👀 - 🚨Market Update: 09/02/2022 🚨
💎 After the release of the NonFarm Payrolls ( #NFP ) data this morning the US Currency Index ( #DXY ) tanked and stocks and cryptocurrencies rallied.
💎 This is due to the following key takeaways from release, as follows:
✅ (Positive) US Employers added 315,000 payrolls, exceeding the expected 300,000 payrolls.
🩸 (Negative) US Employment rate rose from 3.5% to 3.7%.
💎 Regarding the S&P 500 Index specifically, leading up to today’s NFP release the market had been previously seeking and destroying lower price targets and objectives. Therefore, I am not surprised to see the Dollar tank and Stocks/Cryptos rally, as both need to perform equilibrium pullbacks before reversing to complete one more impulse back in the opposite direction.
💎 I am expecting for us to run the liquidity (stop hunt) above $4,013 to $4,015 before we might start seeing signs of #distribution , before a reversal to mitigate out of the 1h Institutional Sell Candle before moving the market back higher.
💎Timing is key! I cannot say this enough. Price doesn’t know time and time doesn’t know price. Be patient, follow the rules, your trading/investing plan and profitable is in your near future. Trust me!
💎 As always, don't take my word. Do your own research first. Investing involves risks and you accept those risks on your own everytime you enter the #markets.
📊 To View or Save My Chart:
#longterm #possabilities #alittleatatime #buildandgrow #time4change #invest #buythedip #staystrong #evs #accumulation #technicalanalysiswanted #technicalanalysis #daytrader
Bitcoin - 4hr Analysis - Future Outlook$BTC 👀 – 08/18/2022 | Bitcoin Price Action Update 🎯 - 📸 🚨
📌 #Price appears to have potentially completed its #DoubleThree (WXY) Complex Correction for Wave 4, in black, of the Primary degree, ending it with a contracting triangle (ABCDE in blue).
📌 To confirm the completion of Wave 4, in black, I’m looking for a 1hr to 4hr candlestick break and close below the “resistance turned support” zone, price levels $23,304.69 to $22,564.12. Obviously, a Daily candlestick close below these levels would increase my confidence in the continued bearish momentum.
📌 In the interim for trading intra-day swings, I am no longer considering long or bullish positions to be higher probability until price action confirms otherwise.
📌 Downward targets are still the same as before: $12,000.00 or below.
✅ If you thought this was helpful or insightful: Follow, Like, or Share ✌🏾 #PublicCommunity
📈 View My Chart:
⚠️ This is not investment or financial advice; Anytime you enter the #markets, you fully accept the #implications at your own risk❗️
#longterm #learning #makingmoneymoves #invest #strength #buildandgrow #breakingnews #crypto #cryptowinter #ElliottWave #FedReserve #StrongDollar #FOMC
eBay Inc. bearish scenario:The technical figure Triangle can be found in the daily chart in the US company eBay Inc. (EBAY). eBay Inc. is an American multinational e-commerce company, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay is a multibillion-dollar business with operations in about 32 countries, as of 2019. The company manages the eBay website, an online auction and shopping website in which people and businesses buy and sell a wide variety of goods and services worldwide. The website is free to use for buyers, but sellers are charged fees for listing items after a limited number of free listings, and an additional or separate fee when those items are sold. The Triangle has broken through the support line on 18/08/2022, if the price holds below this level, you can have a possible bearish price movement with a forecast for the next 8 days towards 46.70 USD. Your stop-loss order, according to experts, should be placed at 50.15 USD if you decide to enter this position.
Unfortunately for shareholders, while the eBay Inc. share price is up 42% in the last five years, that's less than the market return. eBay's earnings per share are down 19% per year, despite strong share price performance over five years. This was, in part, due to extraordinary items impacting earning in the last twelve months.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
SAP SE bearish scenario:The technical figure Pennant can be found in the daily chart in the German company SAP SE (SAP.de). SAP SE is a German multinational software company. It develops enterprise software to manage business operations and customer relations. The company is the world's leading enterprise resource planning (ERP) software vendor. SAP is the largest non-American software company by revenue, the world's third-largest publicly traded software company by revenue, and the second largest German company by market capitalization. The Pennant has broken through the support line on 17/08/2022, if the price holds below this level, you can have a possible bearish price movement with a forecast for the next 6 days towards 89.85 EUR. Your stop-loss order, according to experts, should be placed at 94.47 EUR if you decide to enter this position.
SAP SE has announced the acquisition of Askdata for an undisclosed amount to tap the growing demand for data and analytics solutions.
Per a research from Fortune Business Insights, the global big data analytics market is projected to reach $655.5 billion by 2029, at a CAGR of 13.4% from 2022 to 2029.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
SPY / SPXL - S&P 500 Analysis - Outlook$SPY / $SPXL 👀 – 08/15/2022| S&P 500 | #Future #Outlook 🎯 - 📸 🚨
📌 What’s good #PublicCommunity? Que es la qué hay corrillo?
📌 We’re currently impulsing within Wave 3 of the Intermediate Degree (in blue). Anticipated target before the corrective Wave 4 of the Intermediate Degree (in blue), is approximately within the range of 1.618 to 2.618 (extension), of Wave 1 of the same degree (in blue).
📌 Trading $SPXL : I am looking to take partials at the completion (or around 2.618%) and then go long again at the completion of corrective Wave 4, of the Intermediate Degree (in blue) and hold until the completion of Wave 1, of the Primary Degree (in black).
📌 Investing #LongTerm $SPY : I am looking to add onto my holdings at the completion of Wave 4, of the Intermediate Degree (in blue) and again at the completion of Wave 2, of the Primary Degree (in black).
✅ If you thought this was helpful or insightful: Follow, Like, or Share ✌🏾 #PublicCommunity
📈 To View or Save My Chart:
⚠️ This is not investment or financial advice; Anytime you enter the #markets, you fully accept the #implications at your own risk❗️
#longterm #learning #makingmoneymoves #invest #strength #buildandgrow #breakingnews #crypto #cryptowinter #ElliottWave #FedReserve #investmentidea #investmentopportunity #SPY #SPX #Stocks #Leverage #LeveragedEFT #EFTs
Bitcoin - 15 Min Update - Analysis$BTC 👀 – 08/03/2022| Bitcoin Price Action Update 🎯 - 📸 🚨
📌 What’s good #PublicCommunity? Que es la qué hay corrillo?
📌 Recent, #priceaction has confirmed that we are definitely in the midst of #impulse #wave iii (in blue).
📌 What this means, is that in order to seek #entries, you have to scale down to the smaller #timeframes and get in on the completion of the waves 2 and 4.
📌 It also looks like wave (i) in red, of wave iii (in blue), will be an extended impulse wave, as there are multiple nested (sets of smaller 5 waves) within it. This is depicted by the waves in green, purple, and orange.
✅ If you thought this was helpful or insightful: Follow, Like, or Share ✌🏾 #PublicCommunity
📈 View My Chart:
⚠️ This is not investment or financial advice; Anytime you enter the #markets, you fully accept the #implications at your own risk❗️
#longterm #learning #makingmoneymoves #invest #strength #buildandgrow #breakingnews #crypto #cryptowinter #ElliottWave #FedReserve #investmentidea #investmentopportunity
Bitcoin - 15 Min Update - Analysis$BTC 👀 – 08/02/2022| Bitcoin Price Action Update 🎯 - 📸 🚨
📌 What’s good #PublicCommunity? Que es la qué hay corrillo?
📌 Today, Bitcoin finally kissed the accumulation zone between 50-61.8% #goldenzone ( #fibonnaci #retracement ).
📌 Unless, price breaks and closes below $22,646.44, I am considering wave ii (in blue) complete. Therefore, we are potentially within the midst of wave (i) in red of wave (iii) in blue.
📌 At this point, I have already taken profits from my #sells and made the remaining partials running risk-free by moving my stop loss into break-even.
✅ If you thought this was helpful or insightful: Follow, Like, or Share ✌🏾 #PublicCommunity
📈 View My Chart:
⚠️ This is not investment or financial advice; Anytime you enter the #markets, you fully accept the #implications at your own risk❗️
#longterm #learning #makingmoneymoves #invest #strength #buildandgrow #breakingnews #crypto #cryptowinter #ElliottWave #FedReserve #investmentidea #investmentopportunity
Bitcoin - 15 Min Update - Analysis$BTC 👀 – 08/01/2022| Bitcoin Price Action Update 🎯 - 📸 🚨
📌 What’s good #PublicCommunity? Que es la qué hay?
📌 We’re still making our way down towards the range of ($22,678.67 to $22,206.73), accumulation zone.
📌 The current wave © in red, is resulting in an extended bearish impulse wave. I know this because as you can see there is a nested (additional set of 5 waves in blue) within the i, ii, iii, iv, & v (in black).
📌 Wave 2 (in blue) of the nested 5 waves, appears to be an #expanding or #Reverse #Symmetrical #Triangle (correction pattern ABCDE in purple). Upon completion of this triangle, we should be finishing out wave (3) in blue.
📌 Invalidation Levels: If price climbs, breaks, and closes above $23, 983.05 (invalidation level), then I would like reconsider the possibility of price correcting lower.
✅ If you thought this was helpful or insightful: Follow, Like, or Share ✌🏾 #PublicCommunity
📈 View My Chart:
⚠️ This is not investment or financial advice; Anytime you enter the #markets, you fully accept the #implications at your own risk❗️
#longterm #learning #makingmoneymoves #invest #strength #buildandgrow #breakingnews #crypto #cryptowinter #ElliottWave #FedReserve #investmentidea #investmentopportunity
Ethereum Scalping Signal for Day Trading🖥️ We have determined there is a 70% chance Ethereum will rise from our current entry point.
📈 LONG ETH - Entry Price : $1,532 📉
💵 Length of trade: we are expecting ETH to hit a $25 scalp, with a high end of $40, and a minimum expectation of $15.
🕰️ Duration of trade: we are expecting this to occur within 4 hours of this signal, with a maximum duration of 7.5 hours .
Steve's Gun2Head - Selling EURUSDTrade Idea: Selling EURUSD
Reasoning: Hanging man candles on daily chart below 21-day moving average
Entry Level: 1.0528
Take Profit Level: 1.0408
Stop Loss: 1.0568
Risk/Reward: 3:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Steve's Gun2Head - Selling GOLDTrade Idea: Sell Gold (XAUUSD)
Reasoning: Posted a lower high below 21-day moving average, Bearish engulfing candle forming on 1-hour chart with further downside expected
Entry Level: 1836
Take Profit Level: 1812
Stop Loss: 1845
Risk/Reward: 2.67:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Steve's Gun2Head - Selling Australia 200 (AUS200AUD)Trade Idea: Sell Australia 200
Reasoning: Bearish engulfing forming on daily chart, Stalled at resistance and turned lower under Ichimoku cloud on 4-hour chart.
Entry Level: 6494.5
Take Profit Level: 6254.5
Stop Loss: 6554.5
Risk/Reward: 4:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Steve's Gun2Head - Selling GOLD once again!!Trade Idea: Selling Gold (XAUUSD)
Reasoning: Bearish outside candle on weekly, bearish channel on daily and short term charts
Entry Level: 1835.27
Take Profit Level: 1810.27
Stop Loss: 1845.27
Risk/Reward: 2.5:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Steve's Gun2Head - Buying WTI Crude OIlTrade Idea: Buying WTI Crude Oil
Reasoning: Bullish hammer formed on daily with price pushing back above 21-day sma. 4-hour bullish outside candle also helping with the short-term technical picture. Potential bullish flag on 1-hour chart.
Entry Level: 115.09
Take Profit Level: 120.61
Stop Loss: 113.49
Risk/Reward: 3.45:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.