Today is the last day of September so it seems that the inside bar on the monthly time frame will close as such unless there is a massive move today:
The head and shoulder pattern is only to be traded at the end of a trend (its a reversal pattern so do not use mid trend!)
I'll be waiting for the neck line to break before...
this is just an education on my insight on trading.
i have gone through many trading strategies but nothing beats watching how price reacts at price levels (price action).
support and resistance lines (pivot levels , fibonacci zone mostly 61.8%,50% and 38%)
how to trade
place alerts on this levels on your trading view account to...
How much should I risk on this trade?
The question I get a lot in trading group.
When I hear it I ask a question back to that person.
How much you can afford to lose?
When I enter a trade I always think about how much I will be losing, and can I afford to lose that amount. We are small planctons here and nobody cares about us, so losing one can arrive very...
Personally I am excited as we get closer to FOMC, and I will be trading FOMC event.
I will have positions on:
I will manage to trade this event with High Frequency news trading machine, as HFT is back in da building, and we had a great success trading news with this machine. Last NFP was sweet as well.
Since I have a...