Tradingstrategies
CHF is becoming a new carry trade object?“CHF is now becoming an attractive funding currency,” said Kit Juckes, chief FX strategist at Societe Generale London. SNB officials are wise enough to know that not meeting a rate hike from the ECB won't help the franc, but I'm sure they feel comfortable as long as it doesn't go too far.”
The SNB decided to keep interest rates unchanged at 1.75% amid concerns that the 11% increase in CHF against USD since November is reducing growth prospects, however, this also helps Switzerland control inflation. .
GBPUSD - Double IB and is it going to reach 50% OE?GBPUSD is compressing and making a double insider bar. After a compression,we usually get a big outburst move. We have placed our entry on the confirmation bar according to our smart money framework and the target for the 50% OE distance as indicated on the chart.
Trader Order Details:
GBPUSD(Short)
E - 1.2146
SL - 1.2332
T - 1.2040
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature section to access it
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CRUDE OIL PRICE ACTION I have marked the zone above which I am becoming bullish and expect testing at least POC of the same range and daily 89.30.
After filling the gap we got a strong reaction.
We are currently above 50 daily MA, above VAL and closing today we get a bullish divergence on the weekly RSI.
We are monitoring the price and if they show weakness, I do not rule out the possibility that there will not be a test of $80
USA has also begun to use its reserves, which are currently at a minimum.
Is BTCUSD third attempt at 24919 going to hold?(4)We have now successfully hit target on Bitcoin. The chart image shows the sequence of events from 1-4 as per the trade order. As per our previous post, here are the trade order details.
Trade order details:
BTCUSD(Long)
E - 26086
SL - 24919
T - 29045
Target hit on 16th Oct 2023
2959point profits @£1000 risk
= £2535
Great job on those who followed us on this trade.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature section to access it
2.7 steps to achieve consistent trading performance
www.tradingview.com
3.7 steps for strategy construction
www.tradingview.com
Refn Image from previous post
DXY HOW I LOOK AT THIS CHART The last two analyzes that I will mark below showed that I was bearish below the weekly level. After that, a bullish divergence appeared and the shorts were manipulated.
Therefore, this zone was retested and if it is only 1 hour of the saint, we got a strong reaction. Zones that I watch, below the weekly level 106 - bearish, the last price for me.
Above closing if possible daily 106.7 for me the door is open for 108 and the deviation is not yet confirmed.
Below, see my predictions since the beginning of this manipulation
Live Trading Session 242: Closed & potential trades on BTC,etcIn this live trading session video,we look at our open and closed positions and the potential trades setting up for the week on GBPUSD,S&P 500,Brent Oil,Bitcoin and many more.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature section to access it
2.7 steps to achieve consistent trading performance
www.tradingview.com
3.7 steps for strategy construction
www.tradingview.com
BITCOIN IDEA FOR LONG After rejection of 100 and 200 DMA for the second time, at the same time they were at the same price weekly and daily level at 27980.
The zone I marked is supported by a daily level, two weekly levels, a monthly level and a Fibonacci level of 0.618.
Above that zone we have the fibonacci level of 0.382, which is at the same price as the daily level, below the 0.5 fibonacci level, below which the 50DMA occurs.
Wait for the setup, if the price appears before this zone, try long.
EURCAD ____ INCOMING BULLISH MOVEHello Guys,
Like AUDCAD (inserted below), price cleared sell-side liquidity (relatively equal lows). Look left on your daily chart to see it.
After clearing the sell-side liquidity, price formed a CHOCH on the daily chart.
I'd like to see a retracement into the daily order block and wait to see if my trade setup will appear before going long.
Follow for more updates.
AUDCAD ANALYSIS
Cheers,
Jabari
NZDCHF ____ INCOMING BEARISH MOVEHello Guys,
NZDCHF traded into a WEEKLY OB and formed a bearish CHOCH on the daily timeframe. The expectation would be that once price trades into the daily OB (this happened on Friday) price would continue to the downside.
Now that we are price has traded into the daily OB, I would like to see how price unfolds in the 1-hour timeframe. If I see a CHOCH on the 1-hour timeframe, I will go short.
Follow for more updates like this.
Cheers,
Jabari.
Brent Oil Short Trade Consideration(1)We are looking at Brent oil for a potential short trade only if the following occurs:
1.Wait for Daily bottom to confirm
2.Then for top to confirm before taking shorts till Weekly Confirmation Bar
low is taken out at 83.46
**We will only be considering this short trade for a very small period as Weekly is in Uptrend**
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature section to access it
2.7 steps to achieve consistent trading performance
www.tradingview.com
3.7 steps for strategy construction
www.tradingview.com
Refn weekly Image
DXY NEW MACRO ANALYSISClosing of the day or week below or above this level will determine the DXY movement.
Before this jump in the last analysis, I wrote that divergences were formed and that dxy should now jump.
News along with divergences pushed the price.
If the price keeps this level, the expectation is 108, as was the plan all this time, but we will see what the price shows
DXY NEW WEEKLY LEVEL In the last analysis, we expected 108 final peak, but also below the level of 106,200 is bearish. With what we see now, we got a new weekly level and currently higher probabilities show that we are going into a correction.
Things to watch eurusd and spx primarily.
Closing above this level cancels this setup.
You can check below my opinion about DXY
Is BTCUSD third attempt at 24919 going to hold?(3)Bitcoin is still holding its potential weekly bottom level of 24920. Price structural level of 24756 on the weekly timeframe is still holding and has not been broken yet to give a trend change. Next level for BTCUSD to break through for further strength to the upside is the last potential top at 28592 as in image above. As of now,Bitcoin is retracing quite abit. We will wait and see if the top gets confirmed. For now,we have trailed our stop to almost break even. As per our previous post, here are the trade order details.
Trade order details:
BTCUSD(Long)
E - 26086
SL - 24919
T - 29045
TSL at 25976
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature section to access it
2.7 steps to achieve consistent trading performance
www.tradingview.com
3.7 steps for strategy construction
www.tradingview.com
Refn Image from previous post
How far is US30 going to go lower?(2)As per our previous post, the US30 had a 10% probability of going lower and it has turned around this week to confirm its bottom according to our smart money indicator. The weekly is on a Uptrend P2. The 2nd daily bottom is it's 2nd attempt to make a weekly bottom towards a weekly P1.We have taken this trade on a long position upon entry on the 4H timeframe towards a weekly P1 move.
Trade Order Details
US30(Long)
E - 33111 (4H Entry)
SL - 32810
T- TBC
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature section to access it
2.7 steps to achieve consistent trading performance
www.tradingview.com
3.7 steps for strategy construction
www.tradingview.com
Weekly reference image:
Bla Bla Bla Excuses to NOT trade Bla Bla BlaWhat is your biggest trading excuse?
1. Not enough money - Then paper trade!
2. Not enough time - 15 Minutes is enough
3. Not enough education - Learn it's FREE
4. Not the right time - It IS the right time
5. Not the best market environment -
Let's get into them...
#1: I don’t have enough money to trade
Open an account and start demo-trading then! TradingView gives you everything you need.
Start back testing and kick off your trading on the right note.
#2: I don’t have any time to trade
Seriously?
Do you have time to watch Netflix?
Do you have time to walk your dog for 15 minutes?
Do you have time to read a book?
If so…
You have time to analyse for 5 minutes, 2 minutes to place a trade signals and then leave it up for the market.
15 minutes a day or at worse, 15 minutes a week – that’s all you need.
#3: I don’t know how to trade
What do you think TradingView tutorials are here for?
#4: I’m waiting for the right time
This is the biggest excuse for people to take action in life.
Not just with trading.
With a new hobby, with opening a business, with learning to cook…
You’re not waiting for the right time, because the only time is NOW.
You’re just afraid of failing and too scared to start.
Prove me wrong…
#5: The world and the markets are in a bad state
Hello!
With trading, we don’t care whether the markets move up or down.
If it goes up we profit.
If it goes down we profit…
That’s the whole point of trading.
Or else I would just do the passive income (which I don’t believe exists) approach and just buy and hold forever in hope.
#6: I don’t know what to trade
Why choose?
A chart is a chart.
Any market with a ton of volume, is going to move in one of three ways.
Up, down or sideways.
Stocks, indices, forex, commodities or crypto currencies.
They all move the same, they all act the same.
So, diversify your trading and trade all high volume traded markets.
#7: Trading is complicated
Everything seems complicated in the beginning.
But as you repeat the process on a daily basis, it gets easier…
This isn’t programming, you don’t need to know maths or science.
All you need to know is where to type in your prices.
Market
Buy Or Sell
Volume (CFDs)
Entry (Where to get in)
Stop loss (Where to place your risk level)
Take profit (Where to place your reward level)
Trade (Enter)
The rest, we show you via videos or in the Premium membership step by step processes EACH TIME.
Say less, do more…
If this motivation helped give the kick you need, let me know by replying back.
What is your excuse?
Live Trading Session 241: Open & closed trade on BTC,Gold & moreIn this live trading session video,we look at our open and closed positions and the potential trades setting up for the week on GBPUSD,S&P 500,Brent Oil,Bitcoin and many more.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature section to access it
2.7 steps to achieve consistent trading performance
www.tradingview.com
3.7 steps for strategy construction
www.tradingview.com
RNDR LONG SWING IDEA +60%Current price holding and rejection from POC.
Opens the door to the VAH level, but before that I expect another drop because the 100 and 200 Dma arrive at the daily level of 1.72.
If the setup appears down again at POC or a little below the last monthly level, you can entry to swing long and try to capture 60% of the profit.
I showed where I would hold a stop loss if this idea comes up.
A hidden bullish divergence appeared on the weekly.
Below stop loss to be passive, possibly a DCA who follows and believes in this project.
If you like this post, check my profile and find something useful!
Crude oil LONG First try I will make a new analysis because you have the whole downward movement described in detail step by step.
Now we looking for long. First try there, if we go done eyes are fixed on 80$. WHY?
100, 200, VAH last range. Below that I am not bullish anymore because we should not go back to the old range.
CRUDE OIL UPDATE SHORT TERMAfter showing a weakening, profit was taken at $92 and I'm ready to jump in if the setup shows something bullish.
The red rectangle shows where the orders are and that the price failed to close above and therefore we got a new weekly level.
These are the two probabilities I'm looking at, which give the same result for LONG.
The Techniques
Below I am looking at 0.3 Fibonacci, the wave of the last range (05.Oct-5.Nov.), the last Higher High, 100 Weekly MA and 50 Daily MA.
My final target is still $104-$106, but if the setup is shown, of course I will enter again.