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Welcome to SST Sniper Trading Strategies, where precision meets profit Our approach focuses on honing in on high-probability trading opportunities by combining technical analysis with disciplined risk management. Designed for traders of all levels, our strategies emphasize clarity and effectiveness, helping you identify key market entries and exits. By mastering the art of sniper trading, you’ll learn how to take calculated risks and make informed decisions that elevate your trading game. Join us as we empower you to unlock your full potential and elevate your trading to the next level! Let's get started

Content/Playlist (4)

• Moving Average Strategy – Golden Cross & Death Cross (00:12:24)

  
  

  Description:

  The Moving Average Strategy using the Golden Cross and Death Cross is a widely used method in technical analysis to identify potential buy or sell signals in the market. These two terms refer to specific crossovers between short-term and long-term moving averages, typically the 50-day Simple Moving Average (SMA) and the 200-day Simple Moving Average (SMA). What is the Golden Cross and Death Cross? Golden Cross: This occurs when a short-term moving average (typically the 50-day SMA) crosses above a long-term moving average (usually the 200-day SMA). It is generally seen as a bullish signal, suggesting that the asset is entering an uptrend. The Golden Cross indicates that the momentum is shifting in favor of the buyers, and it’s often viewed as a sign of potential long-term price appreciation. Death Cross: This is the opposite of the Golden Cross and occurs when a short-term moving average (again, usually the 50-day SMA) crosses below the long-term moving average (typically the 200-day SMA). The Death Cross is generally seen as a bearish signal, suggesting that the asset is entering a downtrend. This crossover indicates that selling momentum may be increasing, and traders might look for opportunities to sell or short the asset. How the Moving Average Strategy Works Both the Golden Cross and Death Cross are based on the concept of moving averages, which smooth out price data over a specified period to help identify trends. Moving averages are lagging indicators, meaning they reflect past price movements. The 50-day moving average represents the short-term trend and reacts quickly to recent price changes. The 200-day moving average represents the long-term trend and reacts more slowly, capturing the broader market sentiment over a longer period. Golden Cross: A Bullish Signal The Golden Cross occurs when the short-term moving average (e.g., the 50-day SMA) crosses above the long-term moving average (e.g., the 200-day SMA), indicating that the market is transitioning from a downtrend to an uptrend. Entry Signal: A Golden Cross is seen as a potential buy signal, suggesting that the trend is shifting in favor of the bulls (buyers). Traders often interpret the cross as an opportunity to enter long positions, anticipating the start of an uptrend. Confirmation of Trend: The Golden Cross can also confirm an existing uptrend. If the price is already rising, the cross can further signal the strength and continuation of the trend. Example of Golden Cross with Gold (XAU/USD) Let’s assume gold (XAU/USD) has been in a downtrend, with the price moving from $1,500 to $1,200 over several months. Now, the price starts to rise and reaches $1,250. Step 1: The 50-day SMA has been below the 200-day SMA during the downtrend, indicating that the trend is bearish. Step 2: As the price rises toward $1,250, the 50-day SMA crosses above the 200-day SMA, forming the Golden Cross. Step 3: This Golden Cross signals that the bullish momentum is increasing, and traders may see this as a sign to enter long positions, anticipating that the price of gold will continue to rise toward new highs. Death Cross: A Bearish Signal The Death Cross occurs when the short-term moving average (e.g., the 50-day SMA) crosses below the long-term moving average (e.g., the 200-day SMA), signaling a potential shift from an uptrend to a downtrend. Entry Signal: A Death Cross is seen as a sell signal, indicating that the market is turning bearish. Traders may look for opportunities to sell or short the asset, expecting the price to continue downward. Trend Reversal: The Death Cross suggests that the uptrend may be losing momentum and that the price could reverse direction, signaling the start of a downtrend. Example of Death Cross with Gold (XAU/USD) Let’s consider the price of gold (XAU/USD), which has been in an uptrend, moving from $1,200 to $1,350 over several weeks. However, the price begins to slow down and starts to pull back. Step 1: The 50-day SMA has been above the 200-day SMA during the uptrend, indicating that the trend is bullish. Step 2: As gold pulls back to $1,300, the 50-day SMA crosses below the 200-day SMA, forming the Death Cross. Step 3: This Death Cross suggests that the bullish trend is weakening and that the market may enter a downtrend. Traders might consider selling or shorting gold, anticipating further declines. Key Takeaways for the Moving Average Strategy Golden Cross (Bullish Signal): The Golden Cross occurs when the 50-day SMA crosses above the 200-day SMA. It indicates a shift from a bearish trend to a bullish trend. It is typically seen as a buy signal and can be used to enter long positions. Traders often interpret the Golden Cross as confirmation of the strength of the uptrend. Death Cross (Bearish Signal): The Death Cross occurs when the 50-day SMA crosses below the 200-day SMA. It signals that the price trend may be reversing to the downside. It is typically seen as a sell signal and can be used to exit long positions or enter short positions. Traders view the Death Cross as a sign that the market is transitioning from an uptrend to a downtrend. Lagging Indicators: Moving averages, including the Golden Cross and Death Cross, are lagging indicators. This means they reflect past price movements and are not always the most timely indicators. Traders often use them in conjunction with other indicators to confirm signals. Confirmation of Trend: The Golden Cross and Death Cross help confirm whether an existing trend is continuing or reversing. A Golden Cross confirms that a bullish trend is likely to continue, while a Death Cross confirms that a bearish trend may be beginning. Market Sentiment: These crossovers reflect changes in market sentiment. The Golden Cross reflects a shift to bullish sentiment, while the Death Cross reflects a shift to bearish sentiment. When to Use the Moving Average Strategy (Golden Cross and Death Cross) The Golden Cross is most useful in identifying potential bullish trends and is a strong signal for entering long positions, especially when other indicators also suggest a trend reversal or continuation. The Death Cross is most useful in identifying potential bearish trends and is a strong signal for entering short positions or exiting long positions, particularly when other indicators confirm a downtrend. These crossovers are typically used for long-term trading or swing trading, given that they rely on longer-term moving averages (50-day and 200-day), which smooth out short-term market fluctuations and capture the broader trend. Combining the Golden Cross and Death Cross with Other Indicators Many traders combine the Golden Cross and Death Cross with other technical indicators, such as: RSI (Relative Strength Index): To check if the asset is overbought or oversold. MACD (Moving Average Convergence Divergence): To confirm momentum and trends. Volume: To confirm the strength of the crossover signals. By using multiple indicators in conjunction with the Golden Cross and Death Cross, traders can increase the reliability of their signals and make more informed trading decisions.

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• Fibonacci Retracement – Swing High-Low-Swing Low-High (00:16:30)

  
  

  Description:

  The Fibonacci Retracement – Swing High-Low-Swing Low-High Strategy is a powerful technique used in technical analysis to identify potential support and resistance levels within a trend. The Fibonacci retracement tool is applied based on key points within a price movement, using the Swing High and Swing Low to calculate key Fibonacci retracement levels. These levels help traders identify potential reversal points during price pullbacks or corrections. What is Fibonacci Retracement? Fibonacci retracements are horizontal lines that indicate potential levels of support and resistance at key Fibonacci levels based on a significant price move. These retracement levels are derived from the Fibonacci sequence and are used to identify areas where the price might reverse or find support/resistance during a correction. The key Fibonacci retracement levels are: 23.6% 38.2% 50% (not technically a Fibonacci level, but widely used) 61.8% 78.6% These levels are applied to a price movement, with the idea that the market will often retrace a portion of a larger price move before continuing in the direction of the trend. How Fibonacci Retracements Work in the Swing High-Low-Swing Low-High Strategy The Swing High-Low-Swing Low-High Strategy applies Fibonacci retracement levels between key points in the price movement, known as Swing Highs and Swing Lows. Swing High: This is the peak or highest point in the price movement before the price begins to correct or retrace. Swing Low: This is the lowest point in the price movement before the price starts to reverse or move upward. The Fibonacci retracement tool is applied by connecting the Swing High to the Swing Low (for a downtrend) or Swing Low to Swing High (for an uptrend). The retracement levels will then mark potential areas of support or resistance, and traders look for price reactions at these levels. Swing High-Low-Swing Low-High Strategy Uptrend: When the market is in an uptrend, identify the Swing Low (the lowest point) and Swing High (the highest point). Then, apply the Fibonacci retracement tool from the Swing Low to the Swing High. The retracement levels will provide key areas where the price may pull back before continuing the upward trend. Downtrend: When the market is in a downtrend, identify the Swing High (the highest point) and Swing Low (the lowest point). Apply the Fibonacci retracement tool from the Swing High to the Swing Low. The retracement levels will show potential resistance areas where the price may retrace before continuing lower. Steps in the Fibonacci Retracement – Swing High-Low-Swing Low-High Strategy Identify the Trend: Determine whether the market is in an uptrend or downtrend. This helps you understand whether to apply Fibonacci retracement levels from Swing Low to Swing High (uptrend) or Swing High to Swing Low (downtrend). Mark the Swing High and Swing Low: In an uptrend, the Swing Low is the starting point (the lowest point before the price began to rise), and the Swing High is the highest point reached before a pullback begins. In a downtrend, the Swing High is the highest point (before the price starts falling), and the Swing Low is the lowest point. Apply Fibonacci Retracement Tool: Once the Swing High and Swing Low points are identified, use the Fibonacci retracement tool to connect these points. The tool will generate the key retracement levels (23.6%, 38.2%, 50%, 61.8%, and 78.6%). Look for Price Action at Key Levels: After applying the Fibonacci retracement tool, observe how the price reacts at the key retracement levels: In an uptrend, you would look for support at the retracement levels (for example, 38.2% or 61.8%) before entering long positions. In a downtrend, you would look for resistance at the retracement levels before entering short positions. Confirmation with Other Indicators: To improve the reliability of the signals, many traders use other indicators (like RSI, MACD, or moving averages) to confirm that the price is likely to reverse at the Fibonacci levels. Examples Using the Fibonacci Retracement – Swing High-Low-Swing Low-High Strategy with Gold (XAU/USD) Example 1: Fibonacci Retracement in an Uptrend (Gold Example) Let’s assume gold (XAU/USD) has been in an uptrend, moving from $1,200 to $1,400 over several weeks. The price then begins to pull back, and traders apply the Fibonacci retracement strategy. Swing Low and Swing High: Swing Low: The price begins at $1,200, which is the low point. Swing High: The price reaches $1,400, which is the high point before the pullback begins. Apply Fibonacci Levels: The trader applies the Fibonacci retracement tool from the Swing Low at $1,200 to the Swing High at $1,400. The key Fibonacci retracement levels will be: 23.6%: Around $1,376 38.2%: Around $1,355 50%: Around $1,300 61.8%: Around $1,282 Price Action: The price pulls back from $1,400 and moves toward the 38.2% retracement level at $1,355. If the price shows signs of support at this level (e.g., a candlestick reversal pattern or a bounce), traders might consider entering long positions, expecting the uptrend to continue. Confirmation: To confirm the buy signal, traders might check if other indicators (e.g., RSI showing oversold conditions) also support the idea that the price is likely to rebound. Example 2: Fibonacci Retracement in a Downtrend (Gold Example) Now, let’s consider gold (XAU/USD) in a downtrend, moving from $1,500 to $1,350. Traders use the Fibonacci retracement tool to identify potential resistance levels where the price might reverse or stall before continuing lower. Swing High and Swing Low: Swing High: The price starts at $1,500, which is the high point. Swing Low: The price falls to $1,350, which is the low point before the price starts retracing. Apply Fibonacci Levels: The trader applies the Fibonacci retracement tool from the Swing High at $1,500 to the Swing Low at $1,350. The key Fibonacci retracement levels will be: 23.6%: Around $1,375 38.2%: Around $1,390 50%: Around $1,425 61.8%: Around $1,437 Price Action: As the price moves up, it reaches the 38.2% retracement level at $1,390. If the price fails to break above this level and shows signs of resistance (such as bearish candlestick patterns or increased selling volume), traders might look for shorting opportunities, expecting the downtrend to resume. Confirmation: To confirm the sell signal, traders might check if other indicators (such as MACD showing bearish momentum) align with the bearish reversal at the Fibonacci level. Key Takeaways for Fibonacci Retracement – Swing High-Low-Swing Low-High Strategy Trend Identification: The Fibonacci retracement strategy works best in trending markets. First, identify whether the market is in an uptrend or downtrend, and then apply the retracement tool from the appropriate swing points. Support and Resistance: The Fibonacci levels act as potential areas of support or resistance. In an uptrend, look for support at retracement levels; in a downtrend, look for resistance at these levels. Price Reactions: Watch for price reactions at the key Fibonacci levels (e.g., 38.2%, 50%, 61.8%). A bounce or rejection at these levels can provide entry points for trades. Confirmation with Other Indicators: It is highly recommended to use additional indicators (such as RSI, MACD, or moving averages) to confirm signals from the Fibonacci retracement levels, increasing the reliability of the trade setups. Market Psychology: Many traders use Fibonacci retracement levels, so these levels often reflect areas where the price might reverse or consolidate. Therefore, they can be seen as key psychological levels in the market. When to Use Fibonacci Retracement – Swing High-Low-Swing Low-High Strategy This strategy is best used when the market is trending and there is a clear swing high and swing low. It is a highly effective tool for swing traders, day traders, and position traders who want to enter trades during pullbacks or corrections within the primary trend.

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• RSI Bearish Bullish Divergence Strategy (00:12:43)

  
  

  Description:

  The RSI Bearish and Bullish Divergence Strategy is a widely used technical analysis method that helps traders identify potential reversals in price based on divergences between the Relative Strength Index (RSI) and price action. Divergence occurs when the price of an asset and the RSI indicator move in opposite directions, suggesting that the current trend may be losing momentum and that a reversal could be imminent. What is the Relative Strength Index (RSI)? The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It oscillates between 0 and 100 and is primarily used to identify overbought or oversold conditions in an asset. Overbought Conditions: When the RSI is above 70, it indicates that the asset may be overbought, suggesting a potential price reversal or correction to the downside. Oversold Conditions: When the RSI is below 30, it indicates that the asset may be oversold, suggesting a potential price reversal or bounce to the upside. What is Divergence? Divergence occurs when the price action of an asset and its corresponding indicator (like the RSI) move in opposite directions. This can signal that the current trend is weakening and may be about to reverse. Bullish Divergence: This occurs when the price makes a new low, but the RSI forms higher lows. This suggests that despite lower prices, the momentum behind the downward movement is weakening, which could indicate a reversal to the upside. Bearish Divergence: This occurs when the price makes a new high, but the RSI forms lower highs. This suggests that despite higher prices, the momentum behind the upward movement is weakening, which could indicate a reversal to the downside. RSI Bearish and Bullish Divergence Strategy Bullish Divergence What It Means: A bullish divergence occurs when the price forms a new low, but the RSI forms a higher low. This indicates that although the price is falling, the selling momentum is weakening, and there could be a potential reversal to the upside. How to Use: When a bullish divergence is spotted, traders often look for a buy signal, especially if the price is near a support level or if other indicators also confirm the reversal. Bearish Divergence What It Means: A bearish divergence occurs when the price forms a new high, but the RSI forms a lower high. This suggests that despite the higher prices, the buying momentum is weakening, and there could be a potential reversal to the downside. How to Use: When a bearish divergence is spotted, traders typically look for a sell signal, especially if the price is near a resistance level or if other indicators confirm the reversal. Steps for Using the RSI Divergence Strategy Identify the Trend: First, identify whether the market is in an uptrend or downtrend. RSI divergence is used primarily to identify potential reversal points in trending markets. Look for Divergence: For bullish divergence, look for the price to make new lows while the RSI makes higher lows. For bearish divergence, look for the price to make new highs while the RSI makes lower highs. Confirm the Divergence: Divergence alone is not always enough to make a trading decision. Look for other confirmation signals, such as price action patterns (e.g., candlestick patterns), support/resistance levels, or additional technical indicators like moving averages or MACD. Enter the Trade: For bullish divergence, look for a buy signal when the price starts to reverse upward after the divergence is confirmed. For bearish divergence, look for a sell signal when the price starts to reverse downward after the divergence is confirmed. Set Stop Loss and Take Profit: Use stop-loss orders to manage risk, typically placing the stop below the most recent low in an uptrend or above the most recent high in a downtrend. Take profit targets can be set based on Fibonacci retracement levels, previous support/resistance, or other tools. Examples Using RSI Divergence Strategy with Gold (XAU/USD) Example 1: Bullish Divergence in Gold (XAU/USD) Let’s say gold (XAU/USD) is in a downtrend, moving from $1,500 to $1,400. As the price drops, we observe the following: Price Action: Gold forms a new low at $1,400, but the RSI forms a higher low. The price is falling, but the RSI shows that the downward momentum is weakening, indicating a potential reversal. Divergence Confirmation: The RSI makes a higher low while the price makes a new low. This bullish divergence suggests that despite lower prices, selling pressure is easing. Entry Signal: After the bullish divergence is confirmed, gold starts to reverse its direction and rise above the $1,410 level. This could be a buy signal. Traders might enter a long position, anticipating that the price of gold will move higher. Confirmation: To confirm the reversal, traders could also check for additional signals, such as a candlestick pattern (e.g., bullish engulfing) or a break above a resistance level. Example 2: Bearish Divergence in Gold (XAU/USD) Now, let’s assume gold (XAU/USD) has been in an uptrend, rising from $1,200 to $1,350. As the price rises, we observe the following: Price Action: Gold forms a new high at $1,350, but the RSI forms a lower high. The price is making higher highs, but the RSI shows that the upward momentum is weakening, indicating that a potential reversal to the downside may occur. Divergence Confirmation: The price reaches a new high at $1,350, but the RSI forms a lower high. This bearish divergence signals that despite the higher prices, the buying momentum is weakening. Entry Signal: After the bearish divergence is confirmed, gold starts to reverse and falls below $1,330. This could be a sell signal. Traders might consider shorting gold, expecting further declines. Confirmation: Traders can confirm the bearish signal by looking for additional confirmation, such as a candlestick reversal pattern (e.g., shooting star) or a break below a key support level. Example 3: Divergence and Price Action (Gold Example) Uptrend to Downtrend: Let’s assume gold (XAU/USD) has been in an uptrend, moving from $1,200 to $1,400, and now starts to pull back. Bullish Divergence: As gold pulls back to $1,350, it forms a bullish divergence on the RSI, where the price makes a lower low, but the RSI forms a higher low. This suggests that selling momentum is weakening. Bearish Divergence: Later, as gold rises to $1,420, it forms a bearish divergence where the price makes a new high, but the RSI forms a lower high, signaling that the buying momentum is weakening. Entry Signal: The trader could enter a buy position after confirming the bullish divergence and a sell position after confirming the bearish divergence, using other indicators or price action as confirmation. Key Takeaways for the RSI Divergence Strategy Bullish Divergence: Occurs when the price makes new lows, but the RSI forms higher lows. It signals a potential reversal to the upside and a buy signal. Bearish Divergence: Occurs when the price makes new highs, but the RSI forms lower highs. It signals a potential reversal to the downside and a sell signal. Confirmation: Always confirm divergences with other indicators or price action patterns (e.g., candlestick reversal patterns, support/resistance levels) to improve the reliability of the signals. Momentum Indicator: The RSI is a momentum indicator and works best in trending markets. Divergences suggest weakening momentum and potential trend reversals. Divergence as a Leading Indicator: Divergence provides early warnings of potential price reversals, but should always be used in conjunction with other confirmation tools to reduce the risk of false signals. When to Use the RSI Divergence Strategy The RSI Divergence strategy is most effective in trending markets, as it helps identify potential reversal points when the trend is losing momentum. It’s particularly useful for swing traders and day traders who are looking for entry points during corrections or pullbacks in an existing trend.

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• MACD Bearish Bullish Divergence Strategy (00:10:51)

  
  

  Description:

  Moving Average Convergence/Divergence (MACD), was created by Gerald Appel in the 1970s, and is a technical indicator used for trading securities. It is designed to identify changes in strength, direction, momentum, and duration of a trend in a securities price. MACD turns two moving averages into Oscillators, and is composed of two Exponential Moving Averages (EMA), and a Histogram. MACD is composed of three components, MACD Line (12-period EMA minus 26-period EMA), Signal Line (9-period EMA), and a Histogram (MACD minus Signal Line). MACD is shown on all charts as (12,26,9) because of these mathematical equations. The MACD Line is the leading oscillator, where the Signal Line is the lagging oscillator MACD Uses: MACD helps traders understand whether the bullish or bearish movement in price is strengthening or weakening. MACD triggers technical signals when it crosses above (to buy) or below (to sell) its signal line. The MACD chart has a zero line mid-point scale with positive and negative numbers above and below it. Furthermore, the MACD histogram bars increase relative to the direction of the MACD line. A rising MACD line will increase the histogram bars above the zero line, and a falling MACD line will increase the histogram bars below the zero line. As momentum slows down, the signal line catches up to the MACD line, and the two lines tighten, and the histogram will start to deflate which indicates the possibility of a trend reversal. The MACD Line crossover up through the Signal line can be used as a buy signal through the zero line. This position can be held until the MACD crosses back down to the Signal line, or when the histogram bars start to contract, which indicates that MACD is losing momentum. MACD Bullish Divergence A Bullish Divergence forms when a security makes a lower low and the MACD line makes a higher low. Since the MACD line measures momentum, bullish divergence is suggesting that the security may be moving higher despite the fact the price is dropping in the short-term. A) Price action is in a bearish downtrend, making lower lows B) Price action can be illustrated with a descending price trendline C) MACD histogram can be illustrated with an ascending trendline, making higher lows D) MACD line and Signal line can also be illustrated with an ascending trendline, making higher lows E) A buy entry can be taken by spotting MACD bullish divergence, with the addition of candlestick analysis for added confirmation, leading to the bullish reversal uptrend F) A bearish downtrend leads to a bullish reversal with the MACD bullish divergence strategy MACD Bearish Divergence A Bearish Divergence forms when a security makes a higher high and the MACD line makes a lower high. Since the MACD line measures momentum, bearish divergence is suggesting that the security may be moving lower despite the fact the price is rising in the short-term. A) Price action is in a bullish uptrend, making higher highs B) Price action can be illustrated with an ascending price trendline C) MACD histogram can be illustrated with a descending trendline, making lower highs D) MACD line and Signal line can also be illustrated with a descending trendline, making lower highs E) A bearish MACD crossover also takes place, where the MACD line crosses below the Signal line F) A sell entry can be taken by spotting MACD bearish divergence, with the addition of candlestick analysis for added confirmation, leading to the bearish reversal downtrend

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