Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/USD Buy. Enjoy the day all. Cheers. Jim
In this idea we will demonstrate how to use the NEW Table drawing tool.
WTI oil (USOIL) is falling towards a potential breakout level and it could drop lower from here. Sell entry is at 66.44 which is a potential breakout level. Stop loss is at 67.40 which is a level that sits above a pullback resistance. Take profit is at 65.20 which is a multi-swing-low support. 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 (www.fxcm.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 (www.fxcm.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 Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘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 FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Been waiting for the correction to happen to give better opportunities for a long. Now that they have pulled back and fixed the gap they left I think it will continue with its bullish pressure. monitor for entries and ride the wave.
BIGTIME/USDT Analysis – 30-Minute Chart (OKX) Key Support Levels: Immediate support: 0.06043 USDT Stronger support: 0.05960 – 0.05515 USDT (Potential entry zone) Stop-loss (SL): Below 0.04916 USDT (-12.19% risk) Key Resistance Levels: First resistance: 0.06485 USDT (Take Profit 1) Next resistance: 0.06902 – 0.07002 USDT (Major supply zone) Higher targets: 0.07511 – 0.08055 USDT Indicators & Market Structure: Stochastic RSI is in an overbought zone, suggesting a possible short-term pullback. EMA 20, 50, 100, 200 show bullish momentum, with the price above EMA 20 and EMA 50. Bearish pressure is decreasing, as buy signals and TP targets are being triggered. Trade Plan: Bullish case: If BIGTIME/USDT holds 0.06043 USDT, it may continue towards 0.06485 – 0.07002 USDT. Bearish case: If price falls below 0.05960 USDT, a deeper correction to 0.05515 USDT is likely. ? Summary: BIGTIME is in a short-term uptrend, but Stochastic RSI suggests a possible pullback before continuation. Holding 0.06043 USDT is key for further upside toward 0.07002 USDT. If price loses support, a retest of 0.05515 USDT is possible. ?
A bear flag trading pattern is a technical analysis formation that features a downward-sloping flagpole, followed by a consolidation phase forming a parallel channel. This pattern suggests a potential sharp decline or continuation of the downward trend I also notice a head and shoulders pattern, as well as an inverse cup and handle. Everything points to $120. Sell/Short NASDAQ:TSLA right now with fact check: +brand reputation risk, high competition, loss of EV market leadership, cyber truck/ product recalls, declining sales with lower margin, stock volatility concern, insider selling, investors buy it based on expected future earnings rather than its current profitability. + potential stagflation, tariff war, slow economic growth, inflation, rising public debt, geopolitical tensions, ai bubble, and more
We will hit 0.93 I told you guys over and over! I am making absolute BANK!!! LOL it’s so nice to be right :) See you all at the bottom!! 0.93 is coming soon!
The Kiwi (NZD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.5775 which is an overlap support that aligns with the 38.2% Fibonacci retracement. Stop loss is at 0.5750 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement. Take profit is at 0.5819 which is a multi-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 (www.fxcm.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 (www.fxcm.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 Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘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 FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Large Head and Shoulders on XRP With so much volatility in the markets right now...I would watch for a buying opportunity around .89 cents. These large Head and Shoulders can also be invalidated should be break back above the downward resistance line. Stay calm... not saying this is a shoe in deal...just stay alert for this price action. This would also indicate BTC would make one more deep dive down to 72500 before trending back to the upside and resuming the bull run till EOY. Good luck and keep your eyes open. *********** HAPPY XRP HUNTING *************
Most traders follow price — candles, trendlines, support/resistance. But there’s another layer that often tells the story before the price moves: momentum. ⸻ ? In this post, you’ll learn: • What momentum really measures • Why it’s not the same as price direction • How momentum can signal a shift before the chart confirms it • Why combining momentum with structure improves timing ⸻ ? Momentum ≠ Direction Price can be rising while momentum is fading. That’s often a clue of an upcoming slowdown or reversal — long before the price turns. Similarly, price can be flat, while momentum builds in one direction. That’s tension… and tension leads to moves. ⸻ ? Why Momentum Matters: • It reveals intensity, not just direction • It can act as a leading indicator — not lagging • Momentum divergences often hint at hidden accumulation or distribution • Tracking it helps you avoid late entries or false breakouts ⸻ ? Takeaway for traders: If you’re only watching price, you’re only seeing half the picture. Momentum shows what’s driving the move, and when that drive starts weakening. ⸻ ? What’s your favorite momentum indicator? RSI, %R, CCI, or something else?