6.5.20 Multiple markets. Examples of how taking price action into account saves money.
Technical analysis on WTI: Key levels & trading plan explained.
Just for Wacth/ study case..not buy call. View H4 only High Low, New HH New HL like as ABC. TP 1 = 0.310 - 0.325. TP 2 = 0.350 SL = 0.205
I've been trading for 20+ years and I believe I have almost seen it all. I've had big winning trades, and huge losses. Some of my biggest wins came when I was a beginner aka fomo trader, and my biggest losses came when I become more knowledgeable of the market. My most consistent trading came in my latter years when I gained experience and felt real pain, and I...
6.1.20 Dealing with Impulse/impatience; gold silver oil ES Dow NewYork Russel 2-618 reversal patterns ( but with bullish price action )
have yet to go over gold stocks so i will just post it as its own idea later
DXY OIL ( Part 1 ) I don't think it is a curse if you know more about the market, however, it adds more variables... with the potential of adding more stress. I would like to talk about that here. Unfortunately, since I don't always get directly to the point, there will need to be a Part 2.
We are doing Analysis of ZINC MCX on 1 Hour Timeframe. The projected target from the breakout is usually the vertical distance from the high to the bottom . Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thankyou Ankur Verma Twitter : Ankurverma3838
Update - My post April 2, 2020, "Bitcoin & Big Oil" . First point of interest - Using MACD of USOIL (WTI) point before precipitous decline. See what happened when bitcoin closed month end above $365 NOV 2015 and thereafter. Notice in each case c.55% drop before rise. Bitcoin has yet to close out month above $9084.7. Second point of interest - Monthly Dollar...
This structure looks better. The wave 4 finally I revealed the key for it as it unfolded with wave C as an ending diagonal.
The wave 4 that I was looking to unfold before could be over long ago as simple flat. The further seesaw structure that already distracted so many traders from the crude could be an ending diagonal wave 5 of (5) of ((C)). After it gets finished we could see a drop in 3 waves retracement.
An Interactive Broker trader with a $77,000 account thought he would outsmart every institution and every big Oil trader, the result? A $9 million loss. Well done. IB normally doesn't take beginners, you need 2 years experience to trade FX with them (haven't checked futures so I don't know what the rule is for those), and the min account size is 10,000. This day...
hey guys, crude keeps growing steadily! the price has easily gone through 18.5 - 20.5 resistance and now it turned to support. our next key daily resistance is 28.6 - 30.6 zone. look for a reversal formation within this area to short. in case of a further bullish continuation, the second resistance will be 34.0 - 36.0 area. if this zone will be reached, the...