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Thursday, December 9, 2021
YouTube's Crypto Influencers Try Shouting Over the Scammers - Bloomberg
source https://www.bloomberg.com/news/articles/2021-12-07/youtube-s-crypto-influencers-try-shouting-over-the-scammers
source https://www.smartmoneymanagement.space/2021/12/youtubes-crypto-influencers-try.html
Will GBPJPY test lower zone, again?
Will GBPJPY test lower zone, again?
There's a Equal Low
Price may retrace more to take out Liquidity below.
SL to BE after take partial profits yesterday.
See previous posts below
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Attention:
React to price action based on specific trading plans, rather than predictions.
This is my personal idea and analysis, please just see it as an example for reference.
You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex.
This is a free blog sharing trading ideas.
Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis .
If you find the article useful and interesting, please leave a comment !
from TradingView Ideas https://ift.tt/3yaZ41i
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source https://www.smartmoneymanagement.info/2021/12/will-gbpjpy-test-lower-zone-again.html
Wednesday, December 8, 2021
Range trading: Forex as of 08/12/2021
Range trading: Forex as of 08/12/2021
Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
EURUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 1.1229
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1.1197
Long position 3
(the price today will not fall below this mark with a probability of 99%) 1.1166
Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.1329
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.1360
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.1392
GBPUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 1.3180
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1.3150
Long position 3
(the price today will not fall below this mark with a probability of 99%) 1.3121
Short position 1
(the price today will not rise above this mark with a probability of 68%) 1.3313
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1.3343
Short position 3
(the price today will not rise above this mark with a probability of 99%) 1.3372
USDJPY
Long position 1
(the price today will not fall below this mark with a probability of 68%) 112.85
Long position 2
(the price today will not fall below this mark with a probability of 95%) 112. 40
Long position 3
(the price today will not fall below this mark with a probability of 99%) 111.95
Short position 1
(the price today will not rise above this mark with a probability of 68%) 114.11
Short position 2
(the price today will not rise above this mark with a probability of 95%) 114.56
Short position 3
(the price today will not rise above this mark with a probability of 99%) 115. 01
Calculations are based on historical data, and there is no history recurrence on a specific day. We remind you that the indicated probabilities values aren't a 100% guarantee of risk-free trading.
from TradingView Ideas https://ift.tt/3rJUGFB
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source https://www.smartmoneymanagement.info/2021/12/range-trading-forex-as-of-08122021.html
CADJPY: BREAKOUT OF BROADENING WEDGE, SIGN OF BULLISH BIAS?
CADJPY: BREAKOUT OF BROADENING WEDGE, SIGN OF BULLISH BIAS?
Hello Enthusiast Forex Traders! Here's short-term outlook for CADJPY , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
CADJPY is breakng out of the descending broadening wedge pattern. Breaking out of the pattern may indicates a potential bullish bias ahead. The momentum indicator starts crossing up toward the zero level area, it could indicate a stronger momentum going upward in the near future.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the forex pairs.
from TradingView Ideas https://ift.tt/3pF5YIq
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source https://www.smartmoneymanagement.info/2021/12/cadjpy-breakout-of-broadening-wedge.html
EUR/USD Forex Signal: Rebound Likely Despite Recent Sell-Off - DailyForex.com
source https://www.dailyforex.com/forex-technical-analysis/2021/12/eurusd-forex-signal-rebound-likely-despite-recent-selloff-december-8-2021/171775
source https://www.smartmoneymanagement.info/2021/12/eurusd-forex-signal-rebound-likely.html