Price bounced strongly above the 67.31 support level towards our take profit target - but how did we do it? Join Desmond in this analysis review where he covers the reason why this setup worked nicely. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider)....
Price reversed strongly from our resistance level to the support level at 22.20. But how did it happen? Join Desmond in today's analysis review to have a quick recap on the elements that led to this strong reversal. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third...
What does being a Trader have in common with Luke Skywalker, Harry Potter, Bilbo Baggins, Sarah Connor, or Ellen Ripley? We traders are on "The Hero's Journey." Join us for a unique Trading Psychology workshop as we learn to Trade Like a Hero!
How I trade the candles. There is more not mentioned in the video but for the most part these are the basic steps I take 1st before diving into look for more confluences to help me decide during a trade.
Price bounced perfectly from our confluence support level and reached our target. But how did it happen? Join Desmond as he reviews how we managed to forecast the reversal with such a high degree of accuracy. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party...
The past couple of days has seen EURUSD hit my POI and start to bounce off and head towards my target. While this is nice, the downside is that I have not yet been able to position myself into this trade. This video is just about my emotional state at this moment and some takeaways I need going forward. Initially this was meant to be a private video but in the...
In this video, we examine the DXY (King Dollar) and I explain why I think we're looking at a risk-on week for the remainder of the week.
In this edition, I tell you the products I'm looking for sellside coming into NY AM. I am not super confident on my read on price right now.
The key is to count the waves correctly. Once we have an extension, we can use the Fibonacci tool to validate and set our entry traps. Enjoy.
Hello everyone! Happy weekend! I will be releasing a fun little indicator I made for myself that converts tickers into a desired currency. As I am Canadian and I trade both the TSX and NYSE and hold money in both currencies, one thing I try to remain vigilant of is the current currency and exchange rate. When I started trading, I used to be kind of ignorant to...
Hello everyone, I will be releasing my autocorrelation oscillator indicator. This is a video that goes over its functionality, its theoretical underpinnings and its pragmatic use. A brief synopsis is it operates on the idea of market randomness and efficiency. In an efficient market, it should be random. However, frequently anomalies happen where price becomes...
In this edition, I'm tape reading going into the NY PM Session.
In this video, I follow up on ICT Tape Reading Practice 3 coming into the NY AM Session on Friday, June 23, 2023.
In this video I practice tape reading using ICT concepts coming into the London session.
1. Go to the 1D time frame 2. Open chart drop down menu and select Point and Figure* *Point & Figure below the 1D time frame is ONLY available to TradingView members that are subscribed to the Pro plan and above 3. Click on the SETTINGS wheel on the P2P INDi 4. Locate the DEFAULTS drop-down menu and select RESET SETTINGS 5. Click the INPUT tab 5....
Price bounced off the 1.2683 support we identified and rose nicely to our take profit target at the 1.2832 level. In this review, we touch on why we used the 1.2832 level and not the swing high at 1.2850 - a lot of this is down to trade management and take profit placement. Please be advised that the information presented on TradingView is provided to FXCM...
Price reversed beautifully from the sell entry level we forecasted at 0.8988 and has reached the take profit target of 0.8908. The important lesson here is to place your take profit before a key level (vs right at the key level). As you can see in this video, price touched the TP level and took off in the other direction - just missing this crucial bit of...
In this video, I do a quick tape reading practice of the M2KU2023, the time is 09:30 NY Local time.