COPY to show results built into FOREXView now and before. Halving works out but into different volumes. BITCOIN has a target, we will see the MAGIC NUMBERS at a later time.
Above $80K?
Smart Money has a plot, so do I.
Candlestick Analysis
Long-Term Bullish McDonalds + Possible Short-Term Bull ScenarioThe video provides a very in depth and meaningful description of my analysis.
please watch it in it's entirety.
SUI/USD HUGE UPDATE I made this play a few weeks back; you can see my old post on it here for anyone following.
Indian hotels on a high. Indian Hotels Co. Ltd. engages in the ownership, operation, and management of hotels, palaces, and resorts. It operates through India and Overseas geographical segments.
Indian Hotels Co. Ltd. CMP is 691.25. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, Strong cash generating ability from core business and Book Value per share Improving for last 2 years. The Negative aspects of the company are High Valuation (P.E. = 76.6), Declining profits and Increasing Trend in Non-Core Income.
Entry can be taken after closing above 693 Targets in the stock will be 706 and 722. The long-term target in the stock will be 738. Stop loss in the stock should be maintained at Closing below 649 or 596 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Vimta Labs trying to be victorious.Vimta Labs Ltd. engages in the provision of contract research and testing. It services include cGMP laboratory services; analytical food and water; preclinical research; clinical research; biopharma; environmental assessments; and clinical reference lab.
Vimta Labs Ltd. CMP is 558.20. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, Mutual Funds Increased Shareholding in Past Month and Good Aggregate Candlestick Strength. The Negative aspects of the company are High Valuation (P.E. = 30.2), Declining Net Cash Flow and Inefficient use of assets to generate profits.
Entry can be taken after closing above 569 Targets in the stock will be 599, 617 and 643. The long-term target in the stock will be 667 and 702. Stop loss in the stock should be maintained at Closing below 517 or 503 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Gold (XAUUSD) - Every Week, New HighsIt keeps on getting better and better for Gold doesn't it?!!
New highs was printed on Wednesday @ $2,758.45 whilst on that same day, retracing down to the daily buyside imbalance, sellside inefficiency.
Next point of interest is all time highs but i am aware of lower highs forming going into next week so i will be sitting on my heels
Bitcoin (BTCUSD) - $70k Seems Like A Tough Mountain To ClimbThe potential for a draw @ $70k is still a possible as long as we see Wednesdays low kept in tact. This will be seen as a higher low in the overall bullish structure.
EUR/USD - Sell Stops Delivery.... What's Next?There is still a potential for a draw back down to sell side liquidity, with dollar index printing risk off conditions but I believe the upside potential outweighs the downside potential.
Awaiting more confirmations to weigh up a strong bias.
GBP/USD - The Potential To The Upside Is Extreme!Last week, I made a confident projection that the daily buy stops was imminent of being triggered and what we have seen this week is the opposite playing out.
Although we have seen a continuation to the downside, I still believe that there is a high chance that 1.30497 and above is not a far fetched target going into next week but will sit on my hands and await more confirmation.
Point of no return is at 1.29074.
$ARTYFACT (ARTYUSDT): Bearish Trend is Over! Behold Accumulation
Market cycles psychology is universal:
it works on Forex, Stocks, Commodities markets
and of course it can be applied for making prediction on Crypto market.
Analyzing the long term price action on AMEX:ARTY on a daily time frame,
we see a strong bearish trend that started in spring of This year.
The coin lost more than 80% before it finally found the bottom.
Since July, we see a clear shift in the momentum.
The price stopped updating the lows and, in addition to that,
violated a resistance line of a huge falling parallel channel.
That was a clear sign of the strength of the buyers and the exhaustion of the sellers.
At the moment, we see a clear accumulation stage.
The price is stuck within a wide horizontal range.
With a high probability, the smart money - the institutional traders
are accumulating long positions now.
As the price managed to respect the lower boundary of the range multiple times already,
it provides a perfect zone to buy the market from.
Realistically, the price will bounce and reach at least the upper boundary of the range.
With a stop loss lying below its lows, you can get 260% Return on Investment.
A longer term confirmation, will be the completion of the accumulation stage.
The breakout of the resistance of the range will indicate a highly probable start of a new bullish trend and a rally to the current historic highs.
What are your thoughts, traders?
Dow Jones (YMZ2024) - S&P 500 & Nasdaq DivergenceWhen compared with ES and NQ, it is evident that there is a big divergence between the three and Dow Jones, with 5 consecutive bearish days has made it clear that it is frontrunning the trio with bearish sentiment.
Challenging find a high probability draw on liquidity but i like the looks of the volume imbalances created this week being filled next week.
Nasdaq (NQZ2024) - Will We See The Daylight Of $21,000? Wednesday printed the lows for the week, attacking the prior weeks sell stops, before closing inside of the upper portion of the bullish order block.
Shortly after, On Thursday, the Nasdaq rallied thanks to Tesla's strong earnings and optimistic sales outlook, boosting hopes for a solid earnings season. However, the Dow fell further, dragged down by IBM's 6% drop after a revenue miss.
Does that mean daily buy stops above the 14th Oct 24 will be ran on?
Currently, the highs is being tested but will we see a daily closure above leading to further bullish speculation to $21,000?
End of week review: DXY As we reach the week's closing, the dollar is expected to create another swing high here.
With the supply in place after reaching a take profit level, it may be expected to be a failure to reach a higher high.
We will see come next week what they decide on 🧐
StarThe week is coming to its end and the candles are building a star. This may be considered as a trend turning formation. I don't want to judge whether the trend will really turn around but I think that at correction of the rise over the past 2 weeks is quite possible,
I don't expect that the sentiment will change tomorrow and so I think that a short will perhaps has more liability to be profitable than a purchase.
S&P 500 (ESZ2024) - This Is What Price Efficiency Looks Like📈 S&P 500 futures edge up as earnings roll in; corporate America still looking good with 74% of companies beating profit expectations.
Stock futures ticked up, but S&P 500, Dow, and Nasdaq are on track for weekly losses.
Capri shares sank 40%+ premarket due to a court ruling.
However, throughout this weeks price action, we have not done much in the sense of one-way movements.
$5,927.25 - $5,801.00 is the range to work with. As long as price remains inside of this range, it will be tricky for swing traders to capture moves. Scalpers will be having a field day, aiming for low hanging fruits; buyside and Sellside.
But remember to stay tuned for U.S. durable-goods orders and consumer sentiment readings.
Dollar Index - Election Years Comes With Volatile SwingsThe U.S. Dollar Index tracks the strength of the dollar against a basket of major currencies. DXY was originally developed by the U.S. Federal Reserve in 1973 to provide an external bilateral trade-weighted average value of the U.S. dollar against global currencies. U.S. Dollar Index goes up when the U.S. dollar gains "strength" (value), compared to other currencies. The following six currencies are used to calculate the index:
Euro (EUR) 57.6% weight
Japanese yen (JPY) 13.6% weight
Pound sterling (GBP) 11.9% weight
Canadian dollar (CAD) 9.1% weight
Swedish krona (SEK) 4.2% weight
Swiss franc (CHF) 3.6% weight
US Dollar Slips, Business Spending Rises: The dollar edges lower despite a 4-week winning streak, as positive economic data dampens rate cut expectations.
US business spending plans exceed expectations, while German business sentiment improves.
50/50 going into next week even though business has been conducted @ 104.450. There is still the potential for next weeks price action to attack the daily order block @ 104.801 whilst punishing buyers by continuing to sell-off to 103.444, a target previously mentioned last week.
US T-Bonds - US Elections Is A Hot Topic Right Now!📉 U.S. Treasury yields dip ahead of key employment data and elections.
10-yr yields hit 3-mo high on less dovish Fed expectations.
76.6% odds of 25 bps cuts in Nov & Dec. Yields influenced by betting markets showing greater odds of Trump presidency & Republican majority.
Going into the future, I will be sitting on my hands, awaiting for more data to make logical decision on the next draw on liquidity.
#TreasuryYields #FedInterestRates #USPolitics
US 10Y Yields - Bullish Rip To PremiumYields opened the week inside a discount price range (below 4.169%) and closed above equilibrium, with the next draw on liquidity being buyside liquidity @ 4.292%.
However, I see the potential for a draw up to buyside 50/50% and will be sitting on my hands awaiting for more data to make a educated decision where the overall direction will be.
Understanding Bullish Engulfing Candlestick PatternThe Bullish Engulfing Candlestick Pattern is a popular price action signal used by traders to identify potential trend reversals in the market. If you're keen on mastering price action trading, understanding this pattern is essential. This guide will take you from the basics of the pattern to advanced insights, with easy-to-understand explanations to help you become more confident in your trading decisions.
What is a Bullish Engulfing Candlestick?
A bullish engulfing candlestick is a two-candle pattern that signals a potential reversal in a bearish trend. The pattern consists of a smaller bearish (red) candle followed by a larger bullish (green) candle that completely engulfs the previous one. This indicates that the buying pressure has overwhelmed the sellers, suggesting a shift from a downtrend to an uptrend.
Key Features of the Bullish Engulfing Pattern
Here’s a breakdown of the key characteristics:
Number of Candles: The pattern consists of two candles.
First Candle: A bearish candle, typically red, showing a decline in price.
Second Candle: A bullish candle, typically green, that completely engulfs the previous bearish candle, including its wicks.
Prior Trend: A bearish trend must precede the pattern to validate it as a potential reversal signal.
Prediction: A potential shift from bearish to bullish trend.
The Anatomy of a Bullish Engulfing Pattern
To fully grasp this pattern, let's break down the structure:
The first candle in the pattern is a small bearish candle, indicating the continuation of a downtrend.
The second candle is a large bullish candle that opens lower than the previous close and closes higher than the previous high, completely engulfing it. This suggests a strong buying momentum.
Why Do Bullish Engulfing Patterns Work?
A bullish engulfing pattern is significant because it reflects a shift in market sentiment. Here’s why:
Seller Exhaustion: The first candle shows a bearish trend, indicating seller dominance. When the second candle engulfs it, it suggests that sellers are losing control.
Buyer Strength: The second candle’s larger body signals strong buying interest, indicating a shift in market control from sellers to buyers.
Market Psychology: A bullish engulfing pattern indicates that traders are willing to buy at higher prices, leading to increased bullish momentum.
Why a Pin Bar Can Be an Engulfing Pattern
A common observation among experienced traders is that a pin bar on a higher timeframe can appear as a bullish engulfing pattern on a lower timeframe. This happens because:
A pin bar shows a strong rejection of lower prices, which on a lower timeframe looks like a large bullish candle engulfing smaller bearish candles.
This highlights the importance of multi-timeframe analysis. Understanding how patterns form on different timeframes gives a more holistic view of market dynamics.
EURUSD - Reversal In The Works? Clear rejection from higher timeframe volume imbalance and bullish order block.
This suggests that although the overall sentiment for Euro is bearish, a short term play to the upside is up for grabs, with the weekly bullish order block @ 1.08857 being a point of interest
GBPUSD - Run On Short Term Highs Gaps don't always get filled but when you combine it with other factors such as the monthly Sellside liquidity being swept plus a rejection from the weekly volume imbalance, a higher probable approach to running on buy stops seems reasonable.
T1 @ 1.30776
T2 @ 1.31030
T3 @ 1.31173 - 1.31266
Dollar presenting risk on conditions will aid this bias.
EURUSD Buy TradeTime Frame:
- H4: FVG Identification
- H1 Entry Signal
1. Trend Confirmation:
Identified a Break of Structure by the break of the previous resistance at 1.0807 area, indicating a reversal in market sentiment.
2. Fair Value Gap (FVG):
On the H4 chart noted a Fair Value Gap (FVG) between 1.0806 - 1.0810.
3. Position:
Entry : 1.0825
Stop Loss : 1.0811
Take Profit: 1.0849
RRR : 1:1,9x
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Scalp DymScalp entry: latest highs
SL , just above those
TP -> 2xSL
I'm trying to find a set and forget scalping strategy . I need 50% win rate. On 100 trades we'll have 50 times Risk%
