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Weekly Trading Recaps: XLMUSD, NZDUSD, BTCUSD, SUGAR Jan 09 2021Hello everyone: Back here with another weekly trade recap video. This week I did enter 2 more positions, and still holding 2 trades from last week. Let's take a look: XLMUSD (Stellar) - Once price impulsively breaks above the HTF flag structure, I looked for LTF continuation correction to get in. I was fine with a bigger SL due to the nature of crypto, and fine holding through it for a long term approach. NZDUSD - Entered with a stop entry order, and then price eventually tagged me out for a full loss before resuming the downtrend as I forecasted. Looking back at the trade, I was fine with the entry, and saw a completion of a LTF correction. Even though price reversed a bit and tagged me out, it still completes the LTF correction and eventually still moves to the downside. Sugar - Still in this one, as I see price hits the previous swing high tops, and then formed this LTF Head and Shoulder, I knew there is a probability that the price may not continue upwards. I am fine with a SL still at BE, as my bias on the HTF still could work out, and did not want to choke the price. BTCUSD - Running deep into profit. Will let the trade run and adjust SL accordingly. Looking to continue to hold as long as I don't see any trend changes or clear LTF bearish price action and reversals. Any questions, comments or feedback please let me know :) Thank you Jojo
BINANCE:XLMUSD
by jojofang0901
12
In depth look at continuation bull/bear flag structures/patterns Hello everyone: Welcome back to another quick educational video on price action structures/patterns. Today let's go deeper into the continuation correctional structure. Specifically, the continuation bull/bear flag structure. First it's important to understand that a bullish/bearish flag is a continuation correction. They are representing a correctional phrase of the price action, before resuming the previous impulse phrase. As price action traders, we must be able to identify what correction we are seeing. This will allow you to get ahead and make your forecasting so you are prepare to any potential entries Second, bullish/bearish flag correction will appear in any time frames, any markets, and in different sizes. Typically a flag correction will have at least 2 swing highs and 2 swing lows and relatively even and proportion in angle or length. They can be slightly slanted or very parallel to each other. Remember the market is not perfect, it wont always present us picture perfect, textbook structures. Thirds, So its important to understand multi-time frame analysis, top down approach. A LTF bullish/bearish flag may or may not have the potential to start taking off massively due to the higher time frame showing us a conflicting bias. So its important to add as much confluence to your trade as possible. As always, any questions, feedback or comments please let me know :) See you all in my next weekly outlook stream. Thank you
BINANCE:XLMUSDEducation
by jojofang0901
18
Weekly Trade Recaps: BTCUSD, SUGAR, AUDNZD, CADJPY Jan 01 2020Hello everyone: Welcome to 2021 :) Hope everyone had a wonderful time with their family, friends and others. Looking forward to what 2021 will bring for us in trading :) Let's take a look at the 2 positions that I entered from last week, as well as the 2 trades that were closed down as well. BTCUSD - Currently running about 1.5:1 Profit. As the price broke the previous tops of the correction, I moved my SL to BE. SUGAR - Currently running about 1:1 Profit. I moved my SL to BE now. AUDNZD - SL hit for 3:1 profit. Was happy with the management approach that I made. Even if the price seems to continue going up, I am fine with the result. CADJPY - Closed down both trades. Result in BE for total. I knew the risk when I entered the second trade, and it's always in my risk management plan to move my first trade’s SL to 1:1 profit to protect my account. Any questions, comments or feedback please let me know :) Thank you
BITSTAMP:BTCUSD
by jojofang0901
7
Weekly Trade Recaps: CADJPY, AUDNZD, LTCUSD December 27 2020 Hello everyone: Merry Christmas and Happy New Year. Last week was somewhat quiet as we had Christmas holiday going into the weekend. Quick going over my current positions from last week, did enter a scale in position, and that was it. There was 1 miss trade that I did not take. CADJPY - First trade running about 2%. SL at 1:1 RR. Second trade scaled in. AUDNZD - Running about 4% in profit. Set my SL at 3:1 RR. Happy to see the trade goes either way, either hit my SL or continue higher and break previous highs. Then I would look for continuation correction to scale in. LTCUSD - Missed trade. Did like the overall price action, but did not have the chance to enter. Any questions, comments or feedback please let me know. Thank you Jojo
by jojofang0901
11
Weekly Trade Recaps: CADJPY, XRPUSD, AUDNZD, USDMXN December 19 Hello everyone: Back here with another weekly trade recap video. This week a few more trades were entered, let's take a look. CADJPY - Running about +1.5%, SL at BE. Like the double tops, reversal correctional price action on the lower time frame. XRPUSD - Running about BE. Happy with the entry and the bullish price action at the time. AUDNZD - Scaled in the second entry, got out for BE. Still in the first trade, running about +4.5%. USDMZN - 1% loss. Overall I would take the entry over and over again, fine with my entry and the loss. NZDCAD - 1% loss. This trade I set an entry order, and did not remove it before the roll over period. Got tagged in with high spread and quickly took a full loss. Good reference and thing to watch out for in future. Any questions, feedback and comments please let me know, thank you.
BITSTAMP:XRPUSD
by jojofang0901
6
BITCOIN BULLS (17550 TO 17200 BUY PRESSURE FOR 27K AT LEAST 22K)BUY EVERY PULLBACK FROM 17550 , I love Bitcoin so much but most importantly I love making and keeping my profits. as humans, 85% to 95% of the time we are controlled by emotions, meaning we are suckers for reactions and it is no coincidence that trading happens to be the game of emotion (trapping and trampling, luring and betraying) the next trader loss is your win(even if he/she is your best friend) meaning learning to operate and trade without emotions is your 1st key (your three worst enemy remains fear, greed and euphoria) if not put to check at every turn, you are likely to be reacting to every bar so knowing when to trade and when to stand aside is key most essential tool in trading because even if you beat the market today, you cant always beat the market everyday (you can never beat the system all the time) with the weekly chart just expressing its first pause since the break of 12k, this shows strong bullish accumulation on the ATH zone that on the weekly chart this bull trend is just getting started. In this video I have done a multiple timeframe analysis: Daily chart candle stick pattern discovered: Bullish Pennant: 4hrs candlestick Chart Pattern discovered: Bullish Cup and Handle: Please kindly watch the full video for full explanation of the patterns and how you can trade them, I also give stops and Target are also stated at the end of the video. thank you for watching
Long
by MachiavelliTrader
2
Expanding On My Last Idea: I LOVE EVERYTHING ABOUT SPCEJust expanding on what I just said. I love the idea of this company and like Tesla, it could be the first of it's kind. 10 years ago people laughed at Tesla, now they're singing a different tune as Tesla is the most valuable car manufacturer in the world. Mark my words... 20 years ago it was the internet boom, right now and the last 10 years it's the tech boom, 4G/5G, streaming.... the next 10-20 years will be a space industry boom. I want to be in at only $20 a share. -Aaron
NYSE:SPCELong
by DontmessupAAron
XAU / USD — GOLD 🏴 Bull Flag ExplainedHello! Hope you are good and positive with this days! Guys, in this short-video I've explained trading Plan for gold next move. To me current price action looks like flag with target at 1640. In last idea i was bearish on the gold, but had plan B for bullish move. Now the plan B established and I am trading gold in long direction. SL and invalidation below 1600. Better entry on the trade after breakout from flag. Thank you! Stay safe! Pushing like is the best thank you from you!
OANDA:XAUUSDLong
by ArtemFuturesTrading
3