You can copy this chart as your own to get the indicators.
Required Reserves of Depository Institutions, in $ Billions
Explanation: This action...
Wonderful Sunday morning Traders!
Hand on heart, you are sitting here watching all those nice charts and forecasts and assumptions and predictions? And the ONLY thing that comes out of it is a chart like this?
Congratulations, you belong to the big majority of those who are interested in technical analytics but completely overwhelmed by the amount of...
We are looking at CHFJPY for a buy.
Reason: On the daily we are seeing that price is rejecting to fall lower with long doji candles and long wicks to the downside. This tells me that price is having issues making lows.
The most recent candle is a bullish candle that engulfs a few of the previous candles. This tells us that there seems to be volume in...
Hey Guys, you have seen my posts here for awhile. I just did an interview with Apiary Fund this past Wednesday, which was well received, so I figured I would post the link here:
Apiary fund is an Awesome opportunity for traders to learn and then trade the fund's money after you qualify, If you would like more...
Two promising Sell signals on CHFJPY, 12hr timeframe! I am confident with my entries, largely thanks to my new indicator :) (linked in related ideas).
Will update as market plays out!
How many times have you "Missed" a trade. Once traders have a trading plan, they spend their time looking for set-ups. I would urge to take the next step which is Trade identification. I am not talking about clicking on a chart and seeing if your set-up is there. You want to be able to look and a chart and project what it can do and...
BACK TESTING CONT.:
Picking up from my last Educational post, Segment A...
Pip Potential (PP) is a key component for me as it allows me to statistically determine how far a trade will run. In all my trades, I want, at the very least, a 3-1 risk to reward ratio (RRR). Basically I want to make $3 for every $1 I risk. Please understand and, this is very important...
Some traders find it helpful other do not.
Back-testing is, imho, the most critical part of trading
Back-testing the proper way, although arduous, provides incredibly valuable data. It is the Ditch digging of trading but well worth it.
I have come to embrace back testing and reviewing my trades religiously and in this day and age of automation,...
A decent opportunity for USDCAD has opened up on the 1hr . I will be looking for price to retrace 50% of that Bullish impulse. Should price move to that zone, i will be entering with 1% capital risked.
Both Stop loss and Take profit have been marked with a risk to reward ratio of 1:2.
Remember to always manage your risk on every trade because no trade is...
USDJPY is showing some great bullish potential and is currently consolidating ( trading sideways) and creating bullish divergence.
I will be looking for a bearish retracement of 50% of the bullish impulse move ( point 1 to point 2). Should price moved towards this zone, I will be going long with 1% capital risked.
Considering price is consolidating as such,...
Market is on its way to the moon, it may break low but we have to play it since it has a pretty secure atmosphere, 3 take profit momentums.
If the market crosses one TP, we replicate the buy.
Pretty standard corrective ABCDE pattern , we are waiting for the 5th wave, but it is possible that it is the 3rd, so the market will tell.
This kind of canals need of...