As the two largest and mostly commonly traded currencies in the world, the euro (EUR) and US dollar (USD) represent the highest proportion of trades made in international finance. Euro to USD (EUR/USD) trading occurs constantly and the pairing of the two is extremely popular; it's actually the most liquid currency pairing in the world. A large number of companies...
I'm watching the past how occur the House Debt Bubble on 2008 in the Real State Housing in America. This it's S&P 500 how this economic indicator behavior during the year 2008-2009 into this worse financial crisis in North America. So, I want to share our present situation what the S&P it's behavior now: Ok, we're in the possible bubble financial in this high...
The cup and handle pattern is considered to be a bullish continuation pattern and consists of a U-shape bottom and a handle that together resembles a teacup. While the inverse cup and handle pattern is considered to be a bearish continuation pattern and consists of an inverted U-shape bottom and a handle that together resembles an inverted teacup. How to trade...
Account size/Lot Size THIS IS A GUIDE ONLY Less than £500: LOT SIZE – 0.01 with a MAX LOT SIZE OF 0.03 AT ANY GIVEN TIME - You need to pick your trades and pick your entries carefully. Your risk needs to be low, however, a 0.01 lot size will give you flexibility when the market goes against you. £500 – 1000: LOT SIZE – 0.02-0.03 with a MAX LOT SIZE OF 0.06...
The hedged grid trading system uses the principle that one should be able to cash in at a gain no matter which way the market moves. No stops are therefore required at all. The only way this is logically possible is that one would have a buy and sell active at the same time. Most traders will say that that is trading suicide but let's take some to look...
The hedged grid trading system uses the principle that one should be able to cash in at a gain no matter which way the market moves. No stops are therefore required at all. The only way this is logically possible is that one would have a buy and sell active at the same time. Most traders will say that that is trading suicide but let's take some to look...
STYLE 1 PIXEL dotted line...level STYLE 2 PIXEL dotted line...buy limit order dashed line...sell limit order text (solid or dashed line) = position STYLE 3 PIXEL dotted line...buy stop limit order dashed line...sell stop limit order text (solid or dashed line) = position FLOW 01 level 02 buy limit order 03 position 04 sell limit order 05 level 06 sell...
Learn how to trade multiple time frame analysis. Includes important theory and real market examples. Entry/stop/targets explained. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Example of HOW ASCENDING TRIANGLE DO NOT WORK! We can see liquidity pushing trend up and been taken sharply 🔪 Follow me for more upcoming examples. Pure Smart Money Concept. akacloudy 🌩️
Hello traders, I meant to publish this in the morning but I got pulled away on something else. It seems my analysis would have been correct, so I'll share this now. This method is just one of many ways a trader can identify trend direction and entry/exit points at the beginning of each day. To start... I identify all patterns and indicator setups that...
Price pulled back and closed at the 38.2% Fibonacci Retracement Level ; 50% Fibonacci Retracement Level ; Horizontal Support Resistance Level ; EMA 10 Support Level ; EMA 20 Support Level. These conditions created a favorable environment for a long position in the currency market. Watch for more of these conditions for high probability trade set ups.
Today, I am going to explain the concept of trend lines, support and resistance. Above is the weekly chart of the EUR/USD, period between 2017 and 2022. The resistance or support level is where the price gets rejected at least twice. After that, traders can draw a line connecting those swing highs/lows, which later turn to be the resistance or support. This line...
We used the unfortunate global environment to pinpoint natural gas as a trading opportunity in early 2022. We then used the Olympus Cloud to define entries and exits. When we are trading on a longer term time frame, such as the daily, and we are confident our fundamental analysis is on point, we will risk up to 4 times more (5-8%) than we do in our high frequency...
In a year when the S&P 500 dropped as much as 25% and fear gripped the market, we have gained over 35% on our entire account by trading the NASDAQ. We used the QQQ ETF, which tracks the NASDAQ, and the Olympus Cloud indicator on multiple time frames. Signals were derived from QQQ, and trades were taken on SQQQ. We used the daily time frame to determine when the...
YOU SHOULD KNOW THIS Hello everyone! Today I would like to remind you of a couple of things, the understanding of which will definitely take you to a new level. Let's go! 1. 99% of newbies come to trading with a desire to make quick money and that's the problem. Trading is a long game. It's worth understanding right away and remembering. In trading, it is...
We can notice an accumulation phase in the market. Pay attention at the spring, if you zoom in the chart you can see that the low of the spring has broken the low of selling climax and that is a perfect liquidity grab used by istitutionals to open their big long positions. Then you can see the gartley pattern that worked perfectly, now I expect a retracment and a...
Quick educational video showing you how i personally like to mark out my 4H chart into clear zones in which price can move to and from, setting out the 4Hrly like so will give us clarity on the LTF and can help with entries targets and stops. If you enjoyed the video and would like us to post more educational tips hit the thumbs up.
NEWS BRING TERRIBLE TRADING CONDITIONS During release, spread is all over the place, in addition you can easily miss the fill. So actually worst time you can enter a position is on a release itself, hoping price will rise or fall. But usually, price will make massive moves up and down, liquidating hopeful "news traders" before going in either of direction. So...