NQ Short IdeaI'm expecting downside this as of now,. so I'm looking for short entries. I think NQ could be good if it retests this trendline it just broke below. Target would be previous supply and trendline support below.Shortby AdvancedPlays1
ES.Short Idea Paths Given the negative news and VX strength this morning, I'm automating bearish for the day unless something changes. I'm looking for some short setups as a result, but don't expect anything too crazy before FOMC. I see two options for ES today, a move down towards the 5300 area, but mostly a chopy day. The other scenario is VX really gets moving and ES actually breaks below 5300 in an extended sell off. I don't really see a world where we're bullish today, but I may change my mind if I get new information. It should be either down or chop today.Shortby AdvancedPlays0
RTY Short IdeaRTY has been weak lately and it looks like that'll continue today. It just broke below critical support around 2032-2023. It may not retest l, but if it does I'll look to enter IWM puts at the white arrow if it happens. Target is 2k and even further if it keeps goomg after that. Shortby AdvancedPlays0
US OilDetailed Analysis of WTI Crude Oil (1h Chart) Indicators Used: • Moving Averages (MAs) • Bollinger Bands • Commodity Channel Index (CCI) • Moving Average Convergence Divergence (MACD) • Stochastic Oscillator • Support and Resistance Levels Technical Analysis: 1. Moving Averages: • Short-term (Red) and Long-term (Green) MAs: The short-term moving average is below the long-term moving average, indicating a bearish trend. The price is also trading below the 200-period MA, which typically suggests a longer-term bearish sentiment. • Price Action: The price is currently below the 200-period MA and just around the 50-period MA, showing some signs of consolidation or potential short-term reversal. 2. Bollinger Bands: • Band Width: The bands are relatively wide, indicating increased volatility. • Price Position: The price is moving near the middle band, suggesting a potential equilibrium. The recent touches to the lower band indicate the price might have been oversold in the short term. 3. CCI (Commodity Channel Index): • Current Reading: The CCI is around the -100 level, which often indicates that the market is oversold, but it’s moving towards the middle line, indicating some recovery. 4. MACD: • Histogram and Signal Line: The MACD histogram is below the zero line, with the MACD line close to crossing above the signal line. This could indicate a potential bullish crossover, signaling a possible upward momentum. • Momentum: The bearish momentum seems to be weakening as indicated by the histogram moving towards zero. 5. Stochastic Oscillator: • %K and %D Lines: The Stochastic lines are in the middle range, suggesting a period of consolidation. The lines have crossed upwards, which might indicate a potential short-term bullish move. • Crossovers: Watch for further bullish crossovers as confirmation of a potential upward move. 6. Support and Resistance Levels: • Immediate Resistance: Around 76.50, which is a recent resistance level formed by previous highs. • Immediate Support: Around 75.00, which has been a support level in the recent past. • Strong Support: Around 73.50, a more significant support level if the current one fails. Best Trade Opportunity: Trade Setup: • Entry Point: Consider entering a long position if the price breaks and holds above the immediate resistance of 76.50 with confirmation from the MACD and Stochastic Oscillator. • Confirmation: Look for a bullish crossover in the Stochastic Oscillator and the MACD histogram moving into positive territory. • Stop Loss: Set a stop loss below the immediate support level at 75.00 to minimize potential losses. • Target: Aim for a target around the next significant resistance level at 78.00 to 79.00. Alternative Short Trade Setup: • Entry Point: Consider entering a short position if the price breaks below the immediate support of 75.00 with strong bearish confirmation from the MACD and CCI. • Confirmation: Look for further downside momentum in the MACD and CCI staying in the oversold region. • Stop Loss: Set a stop loss above the immediate resistance level at 76.50. • Target: Aim for a target around the strong support level at 73.50. Confidence in the Trade: Confidence Factors: • Technical Confirmation: Multiple indicators are suggesting oversold conditions, which could point to a potential bullish reversal. • Support and Resistance: Clearly defined support and resistance levels provide a structured framework for trade planning. • Volatility: Increased volatility indicated by the Bollinger Bands could suggest significant price movement, enhancing the risk/reward profile. Factors to Monitor: • Market News: Keep an eye on any significant economic news or events that might affect crude oil prices, such as inventory reports or geopolitical developments. • Volume: Watch for increasing volume on the breakout for added confirmation of the trade direction. Summary: • Primary Trade: Long position above 76.50 with a target of 78.00 to 79.00. • Alternative Trade: Short position below 75.00 with a target of 73.50. • Confidence Level: Moderate to High, given the technical setup and clear levels of support and resistance. By monitoring these indicators and adhering to the outlined trade setups, you can navigate the WTI Crude Oil market with a structured approach and manage potential risks effectively.by KironKavanagh0
gold buying timeits hard to ever trader to trade against such bearish trend, so i see it as opportunity to buy it. good luck Arya the trader Shortby Aryanouri0
Gold is waiting for news from the CPI indexThe international gold marketplace final week constantly acquired critical records, inflicting costs to constantly reverse. Notably, at the final buying and selling day of the week, the marketplace suffered shocks that prompted costs to constantly "plunge". In simply 1 day, gold misplaced greater than 3.5%, marking the most important intraday sell-off considering 2020. In the cutting-edge context, maximum analysts agree with that gold costs might also additionally check aid stage of 2,two hundred USD/ounce. Although latest jobs records will probable push gold costs decrease withinside the quick term, a few are positive that the valuable metallic may want to discover momentum subsequent week as worldwide issues increase. Investment will flip to inflation records along side trends on the Federal Open Market Committee (FOMC) economic coverage meeting.by NicoTradingMaster1
XAUUSD :The gold market has lost a lot of weight Currently, as long as it is below 2307/2304, it is likely to test 2288 and 2285, both of which are important. Important supports: 2288/2285, 2280 to 2277 Resistances: 2333 to 2336, 2344/2346, 2351 to 53by Armitaryan1
XAUUSDAfter Completing its Flag pattern gold will bounce back and previous support will turn into resistance. Overall Long prospect of gold is BEARISH.Shortby Shahzaib0052
Silver Short Squeeze AnalysisI've been posting silver analysis and have been trading it quite a bit lately. It has a lot of potential opportunity, but it's a dangerous asset to trade and I'm probably going to stop looking for trades on it as much for a while. But hopefully this idea may help those who are planning to trade it.11:58by AdvancedPlays0
GOLD BUY WITH LIMIT!!!!!!!!!!!!We started selling gold from the RTO return to origin after purge and have made over 1000pips now am waiting to see gold dropped to our target at 2277 then i will take a long from that area buying to the buy side liquidity at 2432 JOIN AND ENJOY Dont forget to tell us your take on Gold............Longby CAPTAINFX21
NQ Power Range Report with FIB Ext - 6/10/2024 SessionCME_MINI:NQM2024 - PR High: 19059.75 - PR Low: 19009.00 - NZ Spread: 113.25 No key economic calendar events Maintaining ATH range set prev week - Edging near Friday's close Evening Stats (As of 12:35 AM) - Weekend Gap: N/A - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 236.27 - Volume: 17K - Open Int: 242K - Trend Grade: Bull - From BA ATH: -0.5% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 19246 - Mid: 18106 - Short: 17533 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone by mv3trader50
Trade Like A Sniper - Episode 31 - XAUUSD - (10th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing XAUUSD, starting from the 6-Month chart. If you want to learn more, check out my other videos on TradingView or on YT. If you are interested in private coaching, feel free to get in touch via one of my socials.Education06:57by Road_2_Funded1
Gold possible sellWelcome to this blessed week I believe we can make money this week Last week news troubled us alittle except you risked more of your capital, there was too impulsive breakout for sell, today we'll follow the trend,we in the phase of liquidity creating and we're waiting for liquidity to be cleared, while we wait for our entry confirmation by MadsTheGoldminer0
USOIL, D1This week seem like usoil price will make a retracement. Overall still looking for a downtrend as price has broken previous low.Shortby chinghola0
XAU-USD - GOLD | 4H | SHORT | TECHNICAL CHARTHello traders; FXOPEN:XAUUSD I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Thank you for considering my analysis and perspective. Good luck Shortby TraderTilkiUpdated 1
Xauusd quick scalp tradesMonday opened with lowest point 2290 and reached its highest till now 2301. These are quick small scalps which you can follow. Circle indicates entry point and kindly if you want to follow these scalps then enter after retesting. Sl according to your risk and tps are horizontal lines.by Ats90
060624 - Psychology Class w/JoshuaGold case study, why short? Big picture: - Monthly waiting pullback since Feb - Weekly MA10 potentially become resistance ; 2351 - EMA21 - 2243 (deep thinking), time vs pricing > 225x-226x vs CMP (1000p) - Overall outlook = Healthy pullback Trade setup reason: Entry 2370-2380 (can layer 1-2 trades) SL above 50% fibs 2388-2390 area RR 1:5 Fibs 38.2% Targets 2303 and 227x area H4 trending down > sideway > manipulation > continuation down current market sweep liqduity above, pending down. Expect movement on Friday. Shortby douglasswgUpdated 4
XAUUSD - The world moved slightly in the beginning of the weekGold fee forecast Darin Newsom, senior marketplace analyst at Barchart, stated gold charges are in all likelihood to fall withinside the coming days. Marc Chandler, CEO of Bannockburn Global Forex, stated that americaA jobs record became higher than anticipated and China stopped shopping for gold reserves, inflicting the valuable metallic to its lowest stage in a month. After leaving the 2,three hundred USD mark, spot gold fee dropped to almost 2,277 USD. If beneath the 2,270 USD mark, the gold fee ought to even attain 2,220 USD/ounce. Last week, gold turned into bought off strongly withinside the weekend session. Marc Chandler, CEO at Bannockburn Global Forex, stated that breaking the $2,300/ounce stage withinside the spot marketplace might ship the valuable metallic rate toward its May low of nearly $2,277. If this stage is broken, the rate of the valuable metallic can be driven down to $2,220. Darin Newsom, senior marketplace analyst at Barchart, stated gold fees are probably to fall withinside the coming days. This week the marketplace is inquisitive about a few high-quality records which includes the patron rate index (CPI) in May, bulletins on financial coverage of the United States Federal Reserve (Fed), and statistics on unemployment benefits. American enterprise and the financial coverage of the Bank of Japan. Mr. Colin Cieszynski, Chief Market Strategist at SIA Wealth Management, is thinking about the effect of the United States jobs file at the route of gold fees. According to this expert, the quantity of jobs withinside the US manner it's miles much less probably that the Fed will reduce hobby rates. That supported the greenback and positioned strain on gold. "Gold`s disadvantage movement can be pretty dramatic. The valuable metallic broke above $2,one hundred sixty after which quick rallied to $2,400. Therefore, aid now lies around $2,280, $2,285 and if If that stage is removed, the valuable metallic will go back to $2,one hundred twenty five or $2,150," stated Mr. Colin Cieszynski.Shortby TheLeader_WOLF1
Gold fell deeply at the end of the week, the downtrend continuedWorld gold prices tend to recover with spot gold increasing by 2.3 USD compared to last week's closing level to 2,294.9 USD/ounce. The gold market this week is forecast to have many fluctuations and the direction of this precious metal depends heavily on the consumer price index (CPI) report and the interest rate decision of the US Federal Reserve (Fed). ) and a speech from the head of the world's most powerful central bank. Last week, the market witnessed a strong sell-off when receiving two unfavorable information. Gold lost up to 80 USD during the day, recording the strongest intraday decline in 4 years. Specifically, the price reversed when the latest report showed that the People's Bank of China did not add gold last month, cutting off this central bank's 18-month gold buying streak. The report raises concerns that gold demand will slow down in the near future. While the market is gradually stabilizing, expectations that the Fed will raise interest rates in September are gradually fading after the US Department of Labor's employment report dealt another strong blow to the market. The Fed started the fight against inflation from March 2022 with interest rate increases. In this way, the US Central Bank wants to slow down economic growth and reduce inflationary pressure, with the goal of bringing inflation down to 2%. Recent inflation reports show that inflation is currently at 2.7%.Shortby FalCol_TradingMaster1
Looking for a buying opportunity for the ES minis.🔉Sound on!🔉 Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life! Long01:31by OptionsMastery0
6/9 | $CLSince losing the 77 support level, we have flushed lower and rebounded. Holding where it needs to for now, but would still like to give this some time to develop. Messy price action and dont want to be caught in the middle of it. Will be interested if we can either reclaim 77, or price comes back down under 74. Otherwise, will be hands off this week on crude oil.by StonksSociety0
6/9 | $GCNot much for me to do since the last update on Gold. From the initial breakout, we anticipated a new high would be created before a pullback to retest demand. Now that we are back lower, I would like to see gold start to form a base for a move back to highs potentially. Watching $2300.by StonksSociety0
6/9 | $ESWith potential risk from TVC:DXY analysis, I would look for short setups and have a slight bias. We have liquidity at 5329 from last Friday news. Looking at supports around 5306.5 and 5298. If those break, it opens up 50+ points potential. More interested in buying the dips as we are still hovering around ATHs.by StonksSociety0