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At Traday, we believe that great trading starts with great ideas. Our Ideas Page is a treasure trove of cutting-edge strategies, expert analyses, and innovative concepts designed to inspire and guide traders at all levels. Dive into a wealth of information that includes the latest market trends, AI-driven insights, and practical advice from seasoned professionals. Whether you're seeking fresh perspectives or proven techniques, our Ideas Page equips you with the knowledge and inspirat
IDeas
USDJPY Short
2024-08-12T01:05:54+00:00
Trading Idea:
The chart indicates a strong downtrend with minimal signs of reversal. The price has encountered our Quarterly Pivot (QP) for the third time and is forming a bearish flag pattern. Currently, the price is situated at a former resistance level, suggesting a likely shorting opportunity to the next Quarterly Pivot (QP).
XAUUSD 4HR Update
2024-08-12T00:06:16+00:00
XAUUSD 4HR Update
In line with our previous analysis, we successfully identified the market pivot at the key psychological quarter zone. This prompted a bullish surge, elevating the price into the 2400s, currently positioned at 2427.45. Moving forward, I anticipate the price to advance towards the key level of 2450, thereby approaching the next target phase of 2500.
Refer to my latest update to review our progress and feel free to share your thoughts and ideas below.
