Lecture For Option Trader or Intraday TraderIntraday trading, also known as day trading, means buying and selling stocks on the same day to profit from price changes. Traders need to close their trades before the market closes. If not, the broker might automatically close them or turn them into regular trades.
Yes, profits from intraday trading are considered business income and taxed according to your income tax slab. How is intraday trading taxed? Intraday trading profits are treated as short-term capital gains, added to taxable income, and taxed based on applicable slab rates.
Forex
Advanced Option Trading with Professionals Let's review each part of the professional trader's mind to understand where you want to be, ideally as you develop as an online trader.
Discipline and Consistency. ...
Emotional Control. ...
Continuous Learning. ...
Fundamental Analysis. ...
Technical Analysis. ...
Sentiment Analysis. ...
Goal Setting. ...
Risk Management.
When options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
Advanced TradingOptions are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame.
Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
Gold under Pullback /correction As dicussed in weekly analyis video and previous posts , price currently under a pullback and we have to wait for lower pullback zones for re-buying ::
- First Pullbcak zone: 2755-2760 (marked in green, first zone , price currently testing this zone)
- Second Pullbcak zone: 2735-2740 (green zone in Middle)
- Third Pullbcak zone: 2720-2725 (Last green zone, we also have first Fib support level for the cycle of 2585-2785)
Swing to Intra day Approach:
Rather than buying immediately, waiting for a deeper pullback can provide us a good risk management, looking for buy setups at these pullback zones makes sense given overall bullish trend structure remains intact,These levels align with previous structure(Swing High, Low) with Better risk-reward ratio from these lower entries.
Option chainOptions chain can be defined as the listing of all option contracts. It comes with two different sections: call and put. A call option means a contract that gives you the right but does not give you the obligation to buy an underlying asset at a particular price and within the option's expiration date.
Nifty option chain is considered to be the best advance warning system of sharp moves or break outs in the index.
Database and Option TradingOptions data captures information on options contracts, including pricing and trading volumes, useful for investment strategies. Discover our guide and top options data providers.
Simply put, when Open Interest increases, it means more money is moving into the futures contract, and when open interest drops, it means money is moving out of the contract. One can draw inference from this example.
XAU#7: The bullish wave engulfs the trader's account
💎 💎 💎 Plan #6 above helps you make a profit. Leave a comment and tag your friends to share. 💎 💎 💎
So the bullish wave has reached the old peak as analyzed by #6. Let's see the next comments and trading strategies.
1️⃣ **Fundamental analysis:**
📊 Putin: Ready to discuss the Russia-Ukraine conflict and energy issues with Trump. If there is really a negotiation. Gold prices may be under pressure
🚀Trump hinted at easing tariff policies and called on the Federal Reserve to cut interest rates. This is the driving force that has pushed gold to hover near the record high reached in October last year
2️⃣ **Technical analysis:**
🔹 **W frame:** Last week ended with a strong bullish candle in the resistance area. This confirms that the market sentiment is extremely optimistic about establishing a new price peak.
🔹 **H4 frame:** The uptrend is still very strong with no signs of correction
🔹 **H1 frame:** The price structure is increasing in a stepwise manner. It will be difficult to see a correction.
3️⃣ **Trading plan:**
⛔ In previous articles, my top priority for you is to never go against the market trend at this time. Especially, you are not allowed to hold losses or place SELL orders against the trend. Many accounts have burned because of blocking the gold head when the trend is so strong
✅The uptrend will continue next week. The top priority is still to find a BUY entry point when the price reaches the support zone.
💪🚀 **Wish you successful trading!**
📌 For any questions, please contact directly. I am ready to answer for you for free
#trading #trade #xauusd #newtrader #newbie #xau #forex #tradingview #plants #trader #tradingforex
TITAN Long
#TITAN, Something BIG COOKING!
ENTER AFTER STRONG BREAKOUT OF TREND LINE
Titan beat growth expectations across most segments and this led to likely earnings upgrades for FY25 to the tune of 4-5 per cent. The company's jewellery segment reported 26 per cent year-on-year (Y-o-Y) growth in Q2 against 9 per cent growth in Q1.
EURUSD - 1H LONGFOREXCOM:EURUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!
BTC | GOLD | WEEKLY | PRICE ACTION ANALYSIS | HINDIThank you so much for watching my video on BTC and gold price action analysis. I really appreciate your time and support. I hope the analysis provided some useful insights into the market trends. Feel free to drop any questions or thoughts you may have
BTC#5: Summary of trading plans for BTC💎 💎 💎 In post #4, we made the choice to stay on the sidelines. What do you think about this decision? Leave a comment 💎 💎 💎
Based on yesterday's price reaction. Today, I continue to bring you the BTC trading plan and price prediction in the coming time:
1️⃣ **Fundamental analysis:**
📊 In his speech, Trump did not mention cryptocurrencies or Bitcoin, which caused:
⚫Bitcoin decreased by 3.2%.
⚫Cryptocurrency Market Liquidations Hit $200M+
🚀 Google Cryptocurrency Searches Hit 5-Year High
📌 Acting SEC Chairman Mark Uyeda Announces New Crypto Task Force Led by Commissioner Hester Peirce to Develop a Clear Regulatory Framework for Crypto Assets
2️⃣ **Technical Analysis:**
🔹 **D Frame**: Although the price broke the previous high, the closing candle shows that the Resistance Zone is not completely broken
🔹 **H4 Frame**: We can see the appearance of the 2nd peak which is lower than the 1st peak. The price structure is still bullish.
🔹 **H1 Frame**: You can see the Sideway triangle I drew on the chart. The current price structure is still increasing
3️⃣ **Trading plan:**
⛔ Regarding the trend, everything is still in an increasing price structure. However, the price reaction at the old peak area and the market's upward momentum have "cooled down", so any possibility can happen and is mentioned in the H1 Plan
✅ In my personal opinion. The price line is likely to have an adjustment to gain momentum to overcome the old resistance zone. However, the structure has not been confirmed yet, so we still focus on finding opportunities to place BUY positions in accordance with the main trend of the market.
💪 **Wishing you successful trading!**
📌 For any questions, please contact us directly. I am ready to answer you for free
👉 Follow me to see the results
Gold prices have surged despite the strengthening of the USDThis rise is attributed to the weakening of the USD and uncertainty surrounding the policies of US President Donald Trump. Investor concerns about the potential for a trade war and market volatility have driven demand for gold as a safe-haven asset.
President Donald Trump is currently considering imposing a 10% tariff on imports from China, effective February 1st. This is also the same date he previously announced a 25% tariff on imports from Mexico and Canada.
Given these developments, I expect gold prices to continue rising, primarily due to increased buying for safety ahead of new actions by President Trump. Gold prices are now approaching record-high levels.
Key economic data to watch this week:
- Thursday: Weekly Initial Jobless Claims report in the US
- Friday: S&P Flash PMI and Existing Home Sales data in the US
Based on technical analysis, with support levels at 2,621 and 2,658, gold has maintained its upward momentum. With the latest support at 2,694, gold continues to trend higher and may break through resistance at 2,758. The trendline also indicates a short-term bullish trend.
If there are no significant changes, traders may set stop-loss (SP) at 2,680 and take-profit (TP) at 2,750 to protect profits and minimize risk.
Uptrend Intact: Can Gold Break Through 2800?🌟"Uptrend Intact: Can Gold Break Through $2800? 🌟"
Gold is maintaining its bullish momentum, steadily forming higher highs and higher lows while respecting the upward trendline. The key support zone around 2705 (R1), backed by a demand area and Fair Value Gaps , could act as a launchpad if price pulls back to retest. Resistance levels at 2788 (R2) and 2848 (R3) are in sight as potential upside targets. The red circled area is where I am expecting a possible retracement to fill gaps and grab liquidity as per SMT before resuming the upward move. With liquidity resting above swing highs, the overall view remains bullish, and price looks primed to head toward higher levels as long as support holds strong.
Still holding both Gold and Silver in buy as mentioned in previos updates.
EUR/USD rises as Trump’s mild tariff plan reduces USD appealEUR/USD continues to maintain a solid upward trend above the key support level of 1.0400 in the European session on Wednesday, following a strong recovery in the North American session on Tuesday. The pair remains stable as investors assess the new tariff policies of the U.S. to adjust their positions.
Over the past two days, U.S. President Donald Trump announced a 25% tariff on imports from Mexico and Canada, and 10% on China, effective from February 1. Trump also threatened to take measures to address the U.S. trade deficit with the European Union, though he has not provided specific details. Earlier this week, Trump stated that he would tackle the issue by "increasing tariffs or requiring the EU to buy more oil and gas from the U.S."
However, these tariff threats appear less aggressive than market expectations, reducing demand for safe-haven U.S. dollars (USD). The U.S. Dollar Index (DXY), which tracks the value of the greenback against six major currencies, is currently trading near its lowest level in two weeks, around 107.90.
EUR/USD is trading steadily near its two-week high of 1.0430 in the European session on Wednesday, after rebounding from a more than two-year low of 1.0175. The pair has recovered strongly, thanks to a positive momentum divergence and price action. However, a bearish divergence signal would be confirmed if EUR/USD breaks above the immediate resistance level at 1.0440.
XAU#6: Gold breaks resistance. Where to take profit???💎 💎 💎 Plan ahead to help you make a profit. Please leave a comment and tag your friends to share. 💎 💎 💎
In XAU#5: Gold's uptrend has gone as analyzed. So the question beginners often ask is how far will gold go? Where is it reasonable to take profit? Today I will answer for you:
1️⃣ **Fundamental analysis:**
📊 The three main aspects of Trump's policies in recent times: trade policy, tax cuts and spending, and international relations management are causing concern in global financial markets about an uncertain future in the near future.
🚀Currently, global financial market sentiment is experiencing significant fluctuations. So risky assets like gold are well supported.
2️⃣ **Technical analysis:**
🔹 **Frame D:** The uptrend is continuing to be strengthened. Yesterday ended with breaking through the important resistance zone that had not been overcome twice before
🔹 **Frame H4:** The uptrend is still continuing, showing that market sentiment is the main driving force for gold's increase.
🔹 **Frame H1:** The uptrend structure is still continuing with no signs of reversal.
3️⃣ **Trading plan:**
⛔ At this time, it is absolutely not advisable to enter a SELL order. The price line is still going strong. The price will have slight corrections, but the opportunity and R:R ratio for this option are very low. Absolutely do not hold on to losses. The price line moves slowly and steadily to create a sense of hope for those who are still holding orders against the market.
✅The uptrend will continue for quite a long time to come. If you have a good position, you can rest assured to wait for a larger profit. If there are signs of adjustment, I will make a new plan for you.
🚀 To answer the questions at the beginning of the article: Based on the expansion of the price channel in the H1 time frame, we can see how far gold is likely to increase. I do not predict any specific numbers. I only believe in what the market and the price line show me.
TRADE WHAT YOU SEE NOT YOU THINK
💪 **Wish you successful trading! **
📌 For any questions, please contact directly. I'm ready to answer you for free
Gold Price Today, January 22: Hits 2-Month HighGold prices today rose sharply to the highest level in more than two months due to a drop in the USD, making gold cheaper for holders of other currencies. Investors are flocking to gold due to concerns about the tariffs that U.S. President Donald Trump may impose on goods from Canada and Mexico in February. Trump's policies could also lead to higher inflation, causing the FED to maintain high interest rates, which would impact gold prices.
As you can see, on the technical chart at 4 PM, gold is trading with an upward trend and with support at 2,692, gold could gain momentum and potentially reach the 2,800 target. The stop-loss (SL) can be placed below the support level at 2,680 to minimize risk. With this upward trend, if gold continues its momentum and surpasses 2,700, it is highly likely that the price of gold will keep rising and challenge the 2,800 range in the coming days.
For investors, this is a time to pay close attention and monitor market fluctuations. If gold continues to maintain its upward trend with strong external support, it could be a great opportunity to enter the market and capitalize on the next price increases. However, it is important to adjust strategies in response to changes in the political and economic landscape to protect profits and minimize risk.
"Gold Next Stop: 2800?"Current Price Action Analysis:
1. Price is currently testing the 2750 psychological level
2. Formation of consecutive higher lows and higher highs since December
3. A significant volume node is visible around the current price level
Key Levels :
1. The November low at 2,536 created a strong demand zone
2. Previous resistance at 2,720 (green box) has been breached and is now acting as support
3. Recent price movement shows strong institutional buying with minimal pullbacks
Intraday Trading Perspective:
1. Support: 2700-2,720 (previous resistance now support)
2. Resistance: R2 at 2,762 and R3 at 2,800
Swing Trading Perspective:
1. Primary trend is strongly bullish above rising trendline
2. Major support zone: 2700-2,720
Current Market Context:
- Strong momentum indicates potential for further upside
- The clean break above previous resistance suggests institutional buying
- Volume profile shows good liquidity at current levels
Best Trade Setups:
1. Intraday: Buy pullbacks to 2,700-20
2. Swing: Enter on daily closes above 2,750 targeting 2,800 o wait forLower Price zone as marked on chart ,market structure suggests maintaining a bullish bias and I am still holding my buy entries on gold and silver
USD/JPY Rebounds as JPY Weakens Amid Market OptimismThe Japanese Yen (JPY) weakened after reaching a one-month high against the US Dollar and remained steady during the first European trading session on Tuesday. A general positive sentiment in the stock markets turned out to be the main factor weakening the safe-haven JPY. This, along with a modest recovery of the US Dollar (USD) from its two-week lows, helped the USD/JPY pair rise back above the 155.00 level.
However, any significant depreciation of JPY seems to be limited due to growing bets that the Bank of Japan (BoJ) will raise interest rates later this week. Furthermore, comments from US President Donald Trump on tariffs have sparked concerns about a trade war, along with declining US Treasury yields, which may help limit the losses for JPY. Traders may also choose to wait for the important two-day BoJ meeting starting on Thursday.
EUR/USD stays below 1.0400 after Trump's tariff commentsThe EUR/USD pair is currently facing strong selling pressure, trading around the 1.0380 level during the Asian session on Tuesday, after partially recovering from recent losses. The Euro continues to be negatively impacted by expectations of a dovish stance from the European Central Bank (ECB). The market expects the ECB to continue cutting interest rates by 25 basis points in upcoming policy meetings, due to concerns over the Eurozone's economic outlook and low inflation.
These expectations are further reinforced by the belief that inflation in the Eurozone will remain stable near the ECB's 2% target, while uncertainty surrounding US trade policies is increasing.
Technically, key support levels for EUR/USD are at 1.0260 and 1.0180, with a strong resistance level at 1.0410. If EUR/USD fails to hold above these support levels and breaks through them, the downtrend may continue, with the next target potentially being 1.0100.
Traders may consider selling if the pair continues to decline and fails to break the resistance level at 1.0410. A sell entry could be placed at 1.0400, with profit targets at 1.0260 and 1.0180. Be sure to set a reasonable stop loss (SL) at 1.0450 to protect the account in case of an unexpected market reversal.
In conclusion, with the combination of bearish fundamentals and technical signals, EUR/USD may continue its downtrend if it breaks the key support levels of 1.0260 and 1.0180. Traders should pay close attention to these levels for potential selling opportunities.
Gold's Looking Hot Gold's Looking Hot ❤️🔥
The way the price is behaving right now, it looks like it's gathering strength for another potential move up, though we might see some correction or consolidation first.
Overall Market Context:
The market structure is bullish on the 4-hour or on daily timeframe
There's significant buy-side interest as visible on volume profile
I can see Several liquidity pools likely exist below the recent swing lows so expecting some consolidation or correction(But not looking for sell ), After the pullback, if buyer momentum stays strong (which looks likely), we could see a push toward 2,760-2,780 (As marked on chart).
The Current support is at the upward trendline
Overall sentiment is clearly bullish and I am still holding buy entries on both Gold and Silver.
Gold prices today, January 21: Unexpected sharp reversalGold prices have risen slightly due to a weaker USD as the market assesses the economic impact of President Trump’s policies following his inauguration. A Trump administration official stated that the president will issue a trade memorandum on his first day in office without imposing new tariffs.
The price spread between futures and spot gold has widened recently as traders speculate on the impact of U.S. import tariffs. While gold is a hedge against inflation, Trump’s tariff policies could lead the Federal Reserve to maintain higher interest rates for a longer period, which would reduce the appeal of gold.
However, dovish comments from Fed Governor Waller and reports about gradually applied tariffs have led traders to adjust their expectations, now predicting two rate cuts this year instead of just one. Gold is currently in an upward price channel and could continue to rise if it holds support at 2,693.
From a technical analysis perspective, gold is currently in an upward price channel with clear upward waves. The new support level at 2,693 reinforces the bullish trend, and if gold holds above this level, it could continue to target higher levels. The next significant resistance is around 2,720 – 2,730, and if broken, gold could continue to rise sharply to 2,750.
The Take Profit (TP) level could be set in the 2,750 – 2,760 range, while the Stop Loss (SL) should be placed around 2,680 – 2,690 to mitigate risk if the price reverses. If gold breaks the support level at 2,693, this could signal a reversal, and it is recommended to reconsider the strategy.
JPY eased slightly ahead of Trump's inaugurationThe Japanese Yen (JPY) fluctuated between small losses and slight gains against the US dollar, with the USD/JPY pair trying to stabilize around the 156.15-156.20 range during the early European trading session on Monday. Core machinery orders in Japan increased for the second consecutive month, signaling further recovery in capital spending. This, along with bets that the Bank of Japan (BoJ) will raise interest rates later this week, provided a modest boost for the JPY.
Additionally, a fresh round of US dollar (USD) selling contributed to the day’s decline in USD/JPY. However, a generally positive risk tone and the uncertainty surrounding the trade policy of incoming US President Donald Trump limited any significant upward movement for the safe-haven JPY. Traders also seem hesitant ahead of Trump’s inauguration speech on Monday and the highly anticipated BoJ two-day policy meeting starting on Thursday.
From a technical perspective, Friday’s recovery from the support level marked by the lower boundary of the long-standing uptrend channel is slowing down near the 156.55-156.60 region. This area now serves as the immediate resistance, and a new short-sell position could allow the USD/JPY pair to reclaim the round number of 157.00.