2 trades, 2 loses ...I am on the right direction but got stopped out bcox too early entry...short fcpo last night at 4374 and got gapped up SL at 4395 in the early morning, lose 21pts and then re-entry too soon at 4376, SL 4386 was hit immediately, lost another 10pts... more frustrating is, fkli which I short at 1633 x2, were both gud winners but I took them out too early, making breakeven trades and not 25pts++ if I were to hold them both...hit my 1st and 2nd tp...1623 and 1618... taking profit early is killing our trades unlike most guru out there who would say "taking profits is better than loss"...a big "NO NO'...imagine if I hold my trades and make the profits supposedly...they will buy back my losers frm fcpo and my account will still make a little bit profits and move a bit forward... my solution to both my fcpo and fkli tdy is...RE-ENTER! but I am not sure how many time? leave me a comment if you think re-enter could solve this problem...thx #tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling."
#BTC (1D timeframe) As suggested in yesterday's analysis, #Bitcoin continued its downward direction, removing the expected price level of $95,919. It is now highly likely that the price will continue the downward direction further, reaching the long awaited fundamental level of $90,500, removing liquidity for sellers (SSL). That is, it means almost 5% cheapening of the price. After reaching this level, two scenarios will emerge: 1) Price will start a local uptrend to reach the 50% gap on the 4-hour chart - $99,433 and then rush down again, but already to the price level of $88,722. 2) Price after liquidity removal of 90,500, will continue downtrend and take also liquid level at $88,722. !!! The most negative but justified scenario would be for price to seek to reach the middle of the weekly gap at $85,000. I remain in my opinion that for bitcoin to update its all-time high, the first cryptocurrency needs to take out the above liquidity levels at the bottom and I think that as the inauguration of the new US President Donald #Trump (20 January, 2025) approaches, by then the bearish scenario I described with a bottom at $85,000 will have worked out.
The next Bitcoin (BTC) target depends on market sentiment, technical analysis, and overall trading volume. Based on the current price of $99,285 and recent market trends: 1. $98,000: This could act as a strong support level if Bitcoin corrects slightly but maintains bullish momentum. 2. $97,000: This would be the next lower support zone if selling pressure increases. 3. $94,000: A deeper correction could test this level, possibly signaling a bearish trend if sustained. Analyzing current technical indicators like vwap, moving averages, and trading volume would help confirm the likely scenario. Do you want help with a detailed technical analysis?
HOOK/USDT Technical Analysis The chart shows an important support zone (box) between $0.388 - $0.358. This level is critical for maintaining the bullish structure. If the price holds above this zone, there is potential for a rebound toward the $0.45 resistance, aligning with key moving averages (SMA 55 and SMA 89). The recent breakdown below the trendline indicates short-term bearish pressure, but the oversold RSI at 36.21 suggests a possible recovery. Key Scenarios: Bullish: If the price holds the support zone and RSI moves upward, a test of $0.45 is likely. A breakout above $0.45 could extend the rally toward $0.48 - $0.50. Bearish: A breakdown below $0.358 may lead to further downside, targeting $0.32 or lower. Recommendation: Watch the volume closely to confirm a move, and consider placing a stop-loss below the support box to manage risk effectively.
The USD/JPY pair is currently in a significant uptrend on the daily chart, characterised by a series of rising highs and lows. Following a marked upward movement, the price has entered a consolidation phase, indicating a temporary pause before potentially resuming its directional trajectory. This sideways movement is often interpreted as preparation for a breakout, presenting an intriguing opportunity for attentive investors. Possible Buy Scenario Should the price manage to breach the resistance within the current consolidation range, approximately at the 158.00 level, it could signal a resumption of the uptrend in the coming days. A daily close above this resistance would strongly indicate a continuation of the upward momentum, with a target set around the 161.75 region (approximately 350 pips). This target marks the next significant resistance zone on the chart and represents the highest price observed in recent years, largely attributed to the Bank of Japan's decision to maintain very low interest rates, leading to a considerable depreciation of the Yen. In this scenario, an effective risk management strategy could involve placing a stop loss just below the low of the consolidation range, around 155.80 (approximately 250 pips), to protect against potential false breakouts. Alternative Sell Scenario Conversely, if the price fails to break through the resistance and instead falls below the consolidation level at 155.80, this could signal a possible reversal or a deeper correction. Under these circumstances, the USD/JPY might seek lower support, such as the 151.50 region, which aligns with a previous support zone on the chart. This scenario would indicate a shift in market behaviour, potentially influenced by macroeconomic events or fundamental data that could impact risk appetite. In summary Investors should closely monitor macroeconomic developments, including US employment data, speeches from Federal Reserve officials, and geopolitical events, as these can introduce volatility into the pair. Paying attention to price behaviour within the consolidation range will be crucial in determining which of the outlined scenarios is most likely to materialise. Disclaimer 74.2% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and if you can afford the high risk of losing your money. Past performance is not indicative of future results. Investment values may fluctuate, and you may not recover your initial investment. This content is not intended for residents of the UK.
https://www.tradingview.com/x/RPKnEDcq/ GOLD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long GOLD Entry - 2662.6 Sl - 2680.1 Tp - 2636.7 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
I posted Gold Up move yesterday... but it was later in the day that I discovered that the post was blocked by the platform stating that I violated the rules by adding an external handle. I am sorry to those who waited for the post... you can see the play out of the post.
Welcome back! Let me know your thoughts in the comments! ** US30 Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
... for a 34.33 debit. Comments: Starter position on weakness/high IV in lieu of the less liquid URTY. Selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call. Metrics: Buying Power Effect/Break Even: 34.33/share Max Profit: 1.67 ROC at Max: 4.86% 50% Max: .84 ROC at 50% Max: 2.43% Will generally look to take profit at 50% max, add at intervals should I be able to get in at break evens better than what I currently have on.
GER40 has broken the intermediate 2H trend line after facing rejection near its ATH. The market remains bullish but a short term short is on the horizon now. The 50EMA on the Daily provides strong support to this market. We wait for a Bearish sign on the LTF to enter our shorts our wait for a retest of our intermediate Trend line on the 2H and rejection to enter shorts. With out Target being 19600-19800.