So if you just read SPY - this is just a copy and paste because of course we had almost identical price action here. Today, Monday April 14th we opened with a gap UP to the 30min 200MA and we also gapped right to the top of the bear gap (always considered resistance and strengthened by the downward momentum of the 30min 200. We did see resistance with those combined bearish levels and we brought is back down to the middle, closed the gap from open and took it back to the 30min 200MA and got pushed back at close. This chart setup was bearish today - even though we closed green - how? The 30in 200MA pointing down. The bear gap under that. And the 35EMA trading Under the 30min 200MA. It was an easy trading day and just looking at the momentum you could feel that price was going to stay in the center of the implied move. At least I mentioned that in last night’s video. Excellent day. How did you guys do??
Im taking a long position on OM that is very risky once market collapse 92% but i see a potential reverse into the cents are a increase of 40% will be nice, afteer the break of a downtrend
Copper equities are lagging the metal and wit recession looming will they have time to be milked
If SPY sustains above 480 on monthly close, we can consider it as end of wave 4 and the beginning of wave 5. 640 will act as a resistance and once 640 is broken, SPY target would be 695-740 zone where SPY will complete its wave structure. The move from 640 to 700 is most likely retail fomo. Good zone for booking short term profits and for the stocks bought at end of wave 4
Google bounced from a support level and is currently above ema. If it can sustain above the ema for April close, it can be a positive sign for google. Not a trading advice, just sharing my analysis.
Today, Monday April 14th we opened with a gap UP to the 30min 200MA and we also gapped right to the top of the bear gap (always considered resistance and strengthened by the downward momentum of the 30min 200. We did see resistance with those combined bearish levels and we brought is back down to the middle, closed the gap from open and took it back to the 30min 200MA and got pushed back at close. This chart setup was bearish today - even though we closed green - how? The 30in 200MA pointing down. The bear gap under that. And the 35EMA trading Under the 30min 200MA. It was an easy trading day and just looking at the momentum you could feel that price was going to stay in the center of the implied move. At least I mentioned that in last night’s video. Excellent day. How did you guys do??
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 40693.92, which is an overlap resistance. Our take profit will be at 39359.24, an overlap support level. The stop loss will be placed at 42215.43, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (https://tradu.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (https://tradu.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (https://tradu.com/en): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Based on the H4 chart, the price is approaching our sell entry level at 32.71, a pullback resistance Our take profit is set at 31.25, a pullback support. The stop loss is set at 34.52, a swing high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (https://tradu.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (https://tradu.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (https://tradu.com/en): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
The gold 4-hour chart entered a partial correction after a wave of consecutive rises. At present, the support of the broken high point is near 3167. The volatility base is large. It is still in a partial correction in the bullish trend. It has not turned downward, but has slowed down slightly in the short term. The Asian session bottomed out and rebounded to break through the previous high point. The latest support level of gold price in the 4-hour cycle is the moving average support, and this position has been supported for the second time. So today I will continue to be bullish and long based on the moving average. On the whole, the short-term operation strategy for gold today is to go long on pullbacks and short on rebounds. The upper short-term focus is on the 3245-3250 resistance line, and the lower short-term focus is on the 3200-3210 support line. Short order strategy: short gold in batches near 3245-3248 rebound, stop loss 6 points, target near 3230-3220, break to see 3210 line; Long order strategy: go long in batches near 3208-3210 when gold pulls back, stop loss 6 points, target near 3230-3240, break to see 3250 line;
Based on the M30 chart analysis, we can see that the price has just reacted off our sell entry at 3223.18, which is an overlap resistance that aligns close to the 61.85 Fibo retracement. Our take profit will be at 3190.47, a swing low support. The stop loss will be placed at 3246.28, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (https://tradu.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (https://tradu.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (https://tradu.com/en): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.