This is Friday's documented trade in GBPNZD. Great Type 1 Breakout with all 4 horseman aligned. Nice easy set-up, execution and Great result.
This tutorial is for demonstration and education purposes. For full study as we go along please join my $19 subscription channel where we day trade based on price action at www.celestefrederick.com Price action trading is like reading a book. As price plays out we take note of what is occurring and can draw conclusions along the way based on price action at key...
This is a Textbook Type 1 trade. All 4 horseman aligned. A good solid breakout. minimal draw down and runs to Profit target. Allen
this was a fantastic trade looking at the psychology behind why this trade was taken in the first place we look left and see just before this trade we had 3 high top area, 2nd taking out the last high then dropping or if we trade supply or demand you will understand what this was doing IE filling more orders up so in this case comes back taking the retailers out...
so this breakdown shows 2 outcomes and what is possible in both situation and your trading psychology behind both sets up ? can you accept this 1% loss knowing that this trade shows and lines up with the higher time frames ? and seeing how we got there with some strong momentum would this put you of this trade ? biggest issue behind trading falls from your...
I discovered an interesting indicator today called "Bitcoin Logarithmic Growth Curves" (from quantadelic) that bears mentioning. It does a good job of finding support and resistance using Fibonacci levels without having to draw them. Unfortunately it works only on BTC charts but it does display them well for any time frame. It also works on logarithmic charts but...
Hi Traders, In this video we will look at How To Plan Plan A Trade With Fibonacci Ratio Confluence. Fibonacci ratios are most powerful tools with they are used in right manner. We can use them in all sorts of market conditions and asset classes. Fibonacci confluence creates harmonic patterns and gives us very good reward risk ratio. The best thing is the...
Hi all, I know i am abit late with the video feature but better late than neverrrr! In this video i have covered the key trading time frames and the things you should be looking out for. What would you like me to cover? leave your comments below and i will get back to everyone! :)
The UK interest rate decision was released today at 12 pm GMT and turned out to be a non-factor. That allows to revert to our technical trades, which provided a Type 1 Breakout on GBPJPY. With all 4 Horseman aligned, this pair ran beautifully down to our profit target. Allen
This tool will eliminate 50% of your bad trades INSTANTLY! Can you guess which one it is? RSI? Volume? Trend lines? Sexy rectangles? No. None. Anchored text! Notice I have "SHORT ONLY" at the bottom right of the screen. Anchored text will appear on any time frame, so if you flick from Monthly to 15 minute it will always appear on screen in the same location....
today we started with a slightly mixed market (only 2 bullish pairs) but a preference to sell because of the gap down at the Sunday open. After the GBP pairs pushed down (and we got a great breakout trade), we set-up an MA trade on this pair. This was the last to reach the MA. and clearly worked the best. Those who trade the Gold Method Ichimoku and have been in...
Today we started with a GBP bullish view but after the GBP pairs pushed down, we set-up an MA trade on this pair. Although this was not the last to reach the MA, price pulled back to the confluence of the MA and the 60 KS. Those who trade the Gold Method Ichimoku and have been in the training, know exactly what I am talking about. Since this trade triggered later...
This was our Seventh week, and the last of the month, in the Training room for The Gold Method Ichimoku. I need to thank those who took part and for all their hard work and effort this week. With the various news events we were meeting at different times and looking at different market conditions Working with you guys was an absolute pleasure and I look forward...
Today we had a nice push down in the GBP pairs which set-up an MA trade on this pair. Although this was not the last to reach the MA, price pulled back to the MA as opposed to the MA coming to price. Those who trade the Gold Method Ichimoku and have been in the training, know exactly what I am talking about. GA is also my favorite pair. Everybody in the training...
This is a Type 2 trade we took into today's training room. which we all closed for approximately 25 pips. Good solid trade, nothing fancy, just putting money in the account,
This was a Type 1 BO trade we took into today's training room. which we all closed for approximately 34 pips. Good solid trade, nothing fancy, just rocking the Gold Method Ichimoku!