A hedge fund has entered in $850k position, which I presume is a long position, at 52 week low.
Will park some lunch money here see where it goes. Maybe I can be a remora on a great white and hang on for a ride!!!!
I belive gold will have a push upward soon! As you can see by market structure gold have broken it's 3 day flag as predicted and moved to test support but bounced off and broke the channel! I would now like to see a test of the channel and price to bounce more up as i belive hedge fund managers are scaling into gold positions now after posibly selling to...
This pair is about to drop down to strong support which has been tested 3 times (in my opinion) and therefore we have a strong support level. We can see on the 240-minute (4 hours) timeframe that we have rejection on the trendline and our RSI is over 50 which means that we are in an overbought position. Therefore I am willing to short this pair.
Is it true that the Forex Market is manipulated and controlled by a handful of banks and market makers? If so, how can we identify when they manipulate the forex markets and is it something that requires access to sophisticated tools and secret contacts? Well, let’s begin by getting a few facts straight. Firstly it is true that the forex markets are manipulated...
This is probably one of the last trades for the year
I saw this ranging for the past day or so and i knew something was about to happen
Sure enough it broke big time to the down side
By it doing that triggered a short sale signal
From its current price i am looking for a pullback into the 50 ema
It will either work or it will not either way i will move on...
This was a beautiful; trade today!
My entry was filled this morning and my exit was after the FOMC meeting
My past trades have been losers but i always took the next trade!!!
This is actually a great lesson for new traders
If you have backtested you strategy and you know its profitable then you know how many trades you can take losses on so there fore you...
Alright people when you exit a trade weather its profit or loss always be ready for the next trade .
Now the next trade has to be a part of your rules .
At 4 pm CST i got a signal to go long on EUR/USD
The green vertical line indicated my signal
I drew a fib from low point and high point before the green line
If it goes higher before pulling back i will re...
Well you win some and you lose some .
Been getting stopped out lately but its all a part of the plan .
Win rate is a 62 % but i do not know which ones will win and which ones will lose
On to the next one.....
Alright guys Its 4 am in the morning where im at!!
I just received a signal to go short on EUR/USD
AT 4 am CST is when i got the confirmation to look for a short position
On the 4 hour chart the 4 am candle is the conformation candle that the 10 ema crossed below the 20 ema
Now on the 1 hour chart i am looking for a re tracement back up to the 38.2 fib...
HUGE MOVE in USD/CAD to the down side!!!!!!
With that being said this move it was triggered my signal to go short
On the 4 hour chart the 10 ema crossed below the 20 ema
The red vertical line is my confirmed candle to be looking for a short position
On the 1 hour chart i am looking for a pullback into the 50 ema which is the yellow line
Other than that i...
All guys i am back at it with another trade!!!
This time its EUR/USD
I received a signal at 12pm CST
My signal was a 10 EMA cross above the 20 EMA on the 4 hour chart
On the 1 hour chart i drew a fib from low to high as you can see on the chart
I am looking for a pullback into the 38.2 fib level
If the pair makes a new high i will re adjust my fib level
Well guys and girls he is an example of a missed trade
Approx at 11/29/19 at 7am the pair made a new low, however i was not at mt computer to adjust my fib levels
When this occurred i was actually making money in my other business so i guess its not too bad
Look you will not be able to catch every single trade unless you just do not sleep ( which i do not...
This is my UCAD trade that got filled yesterday
I am currently still in this trade it went against me a little bit but looks like it coming back into my entry.
However i will not try a predict where this will go
they way i think when i trade is the trade will either work or not
Ladies and gentlemen its that...
Just received a Signal at 4pm today to go short
The white horizontal line is my entry point
At 4pm today i got the confirmed signal that the 10 ema crossed below the 20 ema on the 4 hr chart
My 1hr analysis is a fib retracement from the most recent high before the red vertical to the most recent low before the red vertical line
I am waiting for a pull back up...