Rough day that turned good! I posted an idea about going short the NZDUSD last night. AND it lost so before I woke up I was 2% down. In hindsight, maybe I should have brought stops to breakeven once the 5 minute double top was completed. I did allude to that, in my post last night, but with it being a bit tight, figured 1:2 was the way to go. I explain in the...
OctaSpace is a user-friendly cloud platform that offers various services such as distributed computing, data storage, serving, VPN, and more. It aims to tap into spare computing resources worldwide to build a scalable distributed computing system accessible through a unified interface.
Hello traders and investors! If you appreciate our charts, give us a quick 💜. Your support matters! The Relative Strength Index (RSI) is a powerful tool used in technical analysis to gauge the momentum and potential overbought or oversold conditions of an asset. Here's a breakdown of how it works: Time Period and Calculation: By default, the RSI measures...
In today’s rapidly evolving financial landscape. You really need to stay ahead or get left behind. It’s our passion to help you deepen your knowledge of the market trends and technologies that are shaping the future. And you know what, there are some very important trends and sectors you’ll need to adapt to your trading. Let’s explore some of the new paradigms...
04 Sep to 08 Sep 2023 TL;DR Total Profit of approximately $800 (around +800%) for the 1st week of September 2023. Total 8 trades, 6 wins & 2 loss. 1-hour Timeframe, Oanda, XAUUSD(Gold), $10,000 Capital, $200/ 2% per trade. Mechanical Consistency Trading Strategy; Purely rule-based strategy, zero guesswork, zero analysis. Disclaimer: I am...
Buying stocks can be a challenge but with this strategy, you will be able -- to see what is required of you to buy or sell -- It's a very simple but powerful ''Rocket Booster Strategy'' Watch this video to learn more -- -Disclaimer- I am not a financial advisor, and the information provided here is for informational purposes only. Stock trading and investing...
hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- When trading, I always think about when the price will rise. And, by buying just before it goes up, you want to be in the profit zone as soon as you buy. To make these trades, you must be...
Hello, friends! We all know that it is important to have a trading plan and a profitable strategy, and, of course, to follow them. Now, the issue of discipline and following your own trading rules is where most of the problems start. However, there is one simple tool, literally a piece of paper, that can help you significantly improve your discipline in trading...
Hey guys! In this post, we'll detail 5 key tips to keep in mind while selling options that can massively improve trading results over the long term. Let's jump in. Selling options has become a more popular strategy lately, due to the fact that traders can control, to some degree, their win rates and R:R setups. If you've followed us for any length of time, you...
AMEX:SPY This is for intraday traders. While doing intraday trades watch out for a trend reversal around 10:15-10:30 AM to see market is showing any signs of trend reversal. If you catch this reversal right and keep your losses small, you can earn lot of money in a short period of time. You can get entries on a shorter time frame and keep adding if market...
the inflation data (CPI) will be released. Current: 3.2%, average forecast: 3.6%, expected to increase. Consumer Price Index Expectations for Financial Institutions (Inflation): (Lowest: 3.5% Highest: 3.7%) Visa 3.5% Canadian Imperial Bank 3.5% Goldman Sachs 3.6 Bloomberg 3.6% JP Morgan 3.6% Mr. Wolf Capital 3.6% Morgan Stanley 3.6% Royal Bank 3.6% Scotia...
Welcome to our Power Patterns series in which we teach you how to trade some of the most powerful price patterns which occur on any timeframe in every market. When it comes to powerful price patterns, the bearish engulfing pattern is right at the top of the list. It provides traders with a clear and decisive signal that sellers have taken control of the...
In the world of trading automation, one size does not fit all. Different types of assets like cryptocurrencies and forex have unique properties that make them behave differently in the market. To maximize the potential of your trading automation, it’s essential to adapt your strategies to the specific ticker you’re trading. In this post, we’ll explore the...
I avoided trading on Non-Farm Payroll Day! 28 August to 01 Sep 2023 TL;DR Total Profit of approximately $300 (around +3%) for the 4th week of August 2023. Total 5 trades, 3 wins & 2 loss. 1-hour Timeframe, Oanda, XAUUSD(Gold), $10,000 Capital, $200/ 2% per trade. Mechanical Consistency Trading Strategy; Purely rule-based strategy, zero...
Hello traders Here is an educational video of how you could have entered the GBP/USD trade this morning. So, as I stated yesterday we continue bearish until market structure changes. It found strong resistance in the flip zone I had drawn out. Dropped to a lower time frame and market structure turn from bullish to bearish. You can then find your (OTZ) optimal...
If you saw my last idea then you'll know that this is the start of my trade journal which I want to do for at least a few months, just to get to grips with journaling my trades and to also give other traders an insight into the other average guy who is trying and learning this trade (Pun most certainly intended) If you didn't see my last idea, this is it: Im...
I'm looking for a DT entry here on AMD but instead of entering prematurely and hoping it goes up, I'm waiting for bullish confirmation that will happen if bulls reclaim the resistance and use it as support. Meaning, it should shoot above resistance, then dip down to that line as SUPPORT. That would be my ideal entry. Watch to see what happens here. Good...
More examples of trade setups and how I use my custom algos to help identify stronger trade opportunities from other symbols. In this example, near the end of this video, I review the QLD chart (Daily) which provides a very clear example of major trend vs. intermediate trend. It is very important trader learn to see these opportunities from all aspects. Please...