On the weekend, BTC experienced another significant decline and has reached the vicinity of the key support level of 80K below. There has been a slight upward movement in the short term, but the downward trend still hasn't changed. Pay attention to the trading range of 80K-87K. If it rises again, you can continue to go short. If the test of the 80K support level is effective, you can try to buy in the short term. Today's trading strategy for BTC: btcusdt sell@87K-88K tp:85K-82K-80K buy@78K-80K tp:82K-85K Currently, my account balance has grown from an initial $40,000 to $500,000 in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article.
Hello, I am Professional Trader Andrea Russo. Today I want to share with you a reflection on the current geopolitical situation, in particular on the war in Ukraine and its global implications. The latest developments show us an increasingly complex panorama: America seems to have taken an ambiguous position, with signals that could be interpreted as a rapprochement with Putin. This has led to an intensification of the conflict between Russia and Europe, with consequences that could redefine the global balance. The current situation and its implications The war in Ukraine, which has been going on for years now, has had a devastating impact not only on the military front, but also on the economic and political front. Recently, the United States' decision to limit the flow of intelligence to Ukraine has favored the Russian advance in some strategic areas. This change in approach has raised doubts about the real American position and has fueled tensions between Western allies. Europe, for its part, is in a delicate position. On the one hand, it faces economic pressures from sanctions against Russia; on the other, it must maintain a united front to support Ukraine. However, the lack of a clear strategy could lead to internal divisions and a weakening of its global position. In this context, the European Union recently announced an ambitious €800 billion plan for rearmament, called "ReArm Europe". This plan aims to strengthen European defense through significant investments, including €650 billion from national resources and €150 billion from loans guaranteed by the community budget.2 The President of the European Commission, Ursula von der Leyen, stressed that we live in an era of rearmament and that Europe must be ready to defend itself autonomously. The impact on the Forex world This geopolitical situation has inevitably had repercussions on the Forex market. The war in Ukraine has already caused significant volatility in global currencies, with the euro coming under pressure due to economic uncertainties in Europe. At the same time, the US dollar has shown relative strength, but recent ambiguity in US foreign policy could weaken this position. Emerging market currencies, especially those close to the conflict, remain highly vulnerable. The Russian ruble, for example, has seen significant swings, reflecting economic sanctions and the country's internal dynamics. What to expect going forward Looking ahead, the forex market is likely to remain highly volatile. Investors will need to closely monitor geopolitical developments and adjust their strategies accordingly. The key will be to maintain a flexible approach and diversify portfolios to mitigate the risks associated with this global uncertainty. In conclusion, the current situation presents an unprecedented challenge for traders and investors. However, with a well-planned strategy and careful analysis of the context, it is possible to navigate through these turbulent waters and identify investment opportunities.
Pardon me for not analyzing and showing you possible trade ideas for the new week. The main reason is... I trade what I see. Yes, I've a bias, I've expectations from the market but when i see otherwise, I trade. This helps me not to marry a bias and start forcing trades. Most of my trades are market orders with SL and TP, so you've to be following to see them on time. Now to USDJPY, I think it will buy, the buy may be a retracement or more massive but let's take it one level at a time and see how it goes. Ya gazie
In early Asian trading on Monday (March 10), spot gold fluctuated in a narrow range and is currently trading around $2,912.60 per ounce. Gold prices have fluctuated at high levels for three consecutive trading days, but they still rose 1.65% on a weekly basis, helped by safe-haven inflows and the U.S. employment report showing that job growth in February was lower than expected, suggesting that the Federal Reserve is expected to cut interest rates this year. In addition, the volatile tariff policy of U.S. President Trump has also increased uncertainty. Gold continues to fluctuate in a range, and the overall trend is in an upward trend. After the adjustment, the price of gold will continue to rise. The idea is to continue to step back on low-multiple operations. Pay attention to the 2898 support during the day. Relying on this position, short-term long, stop loss 2889, stop profit at 2922/2932. Breaking the 2932 suppression is expected to further rush to a new high. In addition, if it falls below the support near 2889, coupled with the recent strength of the U.S. dollar, gold may fall further, so if it falls below the support, don't consider continuing to go long, pay attention to the risk. March 10th gold short-term trading: long near 2898, stop loss 2889, take profit 2922/2932 Backup ideas: (fall below 2889, rebound to 2896 and continue to short, stop loss 2904, take profit 2880-2876)
Pairs on Watch - FX:EURAUD FX:USDJPY A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
NYSE:F Ford is looking at a possible resumption of upside after the stock broke above the downward sloping line of the descending triangle. Furthermore, the stock has 1.) Clear closure above the bearish gap with strong bearish candle 2.) Inverted head and shoulder is in the picture. Ichimoku is showing early signs of a bullish reversal. Long-term MACD is showing positive histogram and a crossover at the bottom. Stochastic Oscillator has confirmed the Oversold crossover. 23-period ROC crosses above the zero line and has formed a bullish divergence.
The price has shown signs of strength after a significant decline, forming a potential bullish structure. A break above the recent consolidation zone, along with support from the Exponential Moving Average (EMA), suggests a possible upward continuation. If the price holds above this level, further upside movement is expected.
The trade setup me provided contains a contradiction: selling gold at *2913* with a target at *2980* (higher than the entry) conflicts with the bearish (sell) direction. Let’s break this down: --- ### Key Issues to Address: 1. *Third Target (2980)*: This is *67 points above the entry price (2913), which is illogical for a sell trade. This is likely a **typo* (e.g., intended *2880* instead of 2980). - If *2880*, the trade aligns with a bearish outlook. - If *2980, this would require a **buy trade*, not a sell. 2. *Stop Loss (2918)*: Very tight (5 points above entry), which is risky in volatile markets like gold. A small spike could trigger the stop loss. --- ### Assumed Corrected Trade (Target 2880): | Entry | Stop Loss | Target 1 | Target 2 | Target 3 | |---------|-----------|----------|----------|----------| | *2913* | *2918* | *2900* | *2890* | *2880* | #### Risk-Reward Analysis: - *Risk*: 5 points (2918 – 2913). - *Reward*: 33 points (2913 – 2880). - *Risk-Reward Ratio: **1:6.6* (very aggressive but favorable if the market moves as anticipated). --- ### Recommendations: 1. *Confirm Targets: Ensure the third target is **2880* (not 2980) for a sell trade. 2. *Adjust Stop Loss*: A 5-point stop loss is extremely tight. Consider widening it to avoid being stopped out by normal volatility. 3. *Scale Out Profits*: Close partial positions at each target (e.g., 30% at 2900, 30% at 2890, 40% at 2880). 4. *Market Context*: Gold is sensitive to macroeconomic data (e.g., Fed policy, inflation). Align this trade with broader trends or news catalysts. --- ### Example Trade Plan (Corrected): - *Direction*: Sell - *Entry*: 2913 - *Stop Loss*: 2918 (50 points risk) - *Targets*: - 2900 (-130 points) - 2890 (-230 points) - 2880 (-330 points)
Trader Tom, a technical analyst with over 16 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button. We are proud to be an OFFICIAL Trading View partner so please support the channel by using the link below and unleash the power of trading view today! https://www.tradingview.com/?aff_id=109100
"Last week, the EUR strengthened by more than 5% against the USD, a notable move driven by market uncertainty surrounding President Trump's proposed tariffs. This appreciation unfolded without significant corrections, reflecting sustained buying pressure in the currency pair. The 1.09 level currently stands as a critical daily resistance, which may cap further upside in the near term. My analysis suggests an impending reversal around these levels, a view reinforced by the emergence of a bearish butterfly pattern on the charts, signaling potential exhaustion of the bullish momentum. This anticipated downturn aligns with broader market dynamics, including escalating global geopolitical tensions. Ongoing trade disputes, heightened by tariff uncertainties, continue to rattle investor confidence. TP 1.06 TP 1.03