Hello dear friends, I'm excited to share that I'm working on an automated sheet that can assist beginners in building their investment portfolio. This sheet will help those who have a specific amount of money and a list of their preferred companies but are unsure of how to determine the number of shares to purchase. I'll be sharing a video on my YouTube channel...
🔍COMP is currently in a consolidation phase on the 4-hour timeframe, forming a sideways trading range. Considering the upward trend behind it, if the long trigger is activated, it would be favorable to open long positions with increased confidence. 📉For short positions, our risk trigger is at 85.37. Given the bullish nature of the market, I do not recommend...
🔍In the 4-hour timeframe, GMX exhibits a clear ascending trendline providing consistent support, yet to be breached. It once faked out the trendline, followed by higher lows, demonstrating resilience and breaking the resistance at 59.2 with conviction. 📈Following the break, two significant red candles with substantial volume are observed, serving as potential...
Accumulation Range Breakout: BINANCE:DOGEUSDT has successfully broken out of its previous accumulation range over the past few weeks. 🐃This breakout confirms a bullish trend reversal and indicates potential for further price appreciation.🐃 🍣Key Resistance Level and Consolidation: The price has reached a significant resistance level, leading to price...
🍣📈Weekly Channel Breakout and Retest: MINA previously broke out of its weekly channel and reached its target successfully. The recent breakdown below the channel indicates a loss of bullish momentum and potential for a retracement. 🔍📉Corrective Phase and Resistance Levels: If MINA undergoes a correction, it is likely to retrace upwards until reaching its weekly...
#MANA The price is moving in a perfectly formed head and shoulders pattern We have a higher moving average of 100 The rise is expected to continue to complete the model based on 4 goals Entry price is 0.4611 The first target is 0.4779 The second target is 0.4935 The third goal is 0.5172 The fourth target is 0.5378
24-01-30 update AUDUSD Long Entry Entry Price: 0.65700 Stop Loss Price : 0.65300 / 40 Pips Take Profit: 0.66300 / 60 Pips Risk To Reward : 1 for 1.5 Trade Grade: b + -Tagged into trade at same price levels above * Trade Management* A. Risk entry (pending order) B. Take Profit at levels above B2: I might scale the risk off if the market trends in the...
Hello guys, on eurcad we have a strong continuous breaks to the up side and we currently have a deep pullback at the discount pricing which we are expecting the market to continue higher .
Hello guys , On Gold today we have a strong bearish market which I am expecting a continuous downtrend for the market to keep moving to the downside and am expecting a pullback to level 2029.72 and continue to the downside..
NSE:BAJFINANCE Bajaj Finance Ltd, one of India's largest and most diversified Non-Banking Financial Companies (NBFCs), has exhibited robust management quality and developed a significant economic moat in the financial services sector. Management Quality: Strategic Growth: Bajaj Finance Ltd has shown a consistent focus on strategic growth and resilience,...
S taying informed is a key to making well-considered decisions. Today, I revisit ALTO, shedding light on its current state, potential scenarios, and the nuanced interplay of technical analytics. A few weeks ago, I outlined why ALTO is considered a risky asset, and in a subsequent update, I signaled a near-term rally in the stock market, impacting ALTO's...
Hello guys, my idea on EURGBP is that we are overall in a uptrend and due to the pause for breath after the mammoth rate hike run the trend might reverse or continue little higher before we expect a reversal to the downside.. trade safe. James ❤
Trading in Reverse Psychology. 1. Base your trading strategy on waiting for patterns or roadmaps to develop before taking action (trades). 2. Maintain a risk-reward ratio of no less than 1:2 for favorable results, aiming for 1:3 or higher whenever possible. 3. Define your trading approach—scalper, day trader, swing trader, or investor—and select specific assets...
To practice effective risk management in trading stocks, consider the following key principles: Set Risk Tolerance: Determine your risk tolerance level based on your financial situation, investment goals, and personal comfort level with potential losses. Position Sizing: Limit the amount of capital you allocate to each trade based on your risk tolerance....
Hello traders, NEARUSDT is currently on a support and I expect a breakout.. everything is clear on the chart.. R:R = 1 : 6.87 enjoy trading <3
Looking to take the ride all the way down, set proper risk management. Happy trading
Trading psychology refers to the mental and emotional factors that affect an individual's behaviour and decision-making when trading financial markets. It is the study of how a trader's mindset, emotions, and behavior can impact their trading performance and ultimately, their success. Trading can be a highly emotional and stressful activity, as traders are...
I have created this GBP/JPY short market idea due to the favorable technical setup observed in the chart. The currency pair has been trading within a downward channel and the previous high presents an ideal point of entry for a short position. The liquidity at the previous high, indicated by the volume profile, adds to the confluence of factors supporting this...