Welcome back to my weekly trading recap video. This week I entered just 1 trade, closed down 1 trade and I still have 2 BTC positions open. Let's take a look into it.
GBPNZD - Been talking about it last couple days in the live stream market updates, was waiting for more development. Finally LTF gave me enough confluence to set a stop entry...
Welcome back to the weekly recap video. This week I entered just 1 trade, and I am still holding BTC. Let's take a look into it.
ADAUSD - Price approached the previous swing highs, and started to form continuation correctional price action.
We then see a strong breakout above the highs, and LTF continuation correction. Set stop entry order for...
Welcome back to another quick weekly trade recap video :)
This week I took 2 additional trades, and closed down 3 positions. Lets take a look
AUDCHF - Closed for 2% profit. Profit broke down from the correction, I first moved the SL to BE then in profit.
As LTF formed that descending channel reversal, I moved my SL to 2:1 profit and...
Welcome back to another weekly trade recap video. This week I got evolved in 3 additional positions, and I currently have 4 trades that are running as well. So let's take a look:
First Trade -Full 1 % loss.
Second Trade: Entered once price completes the channel, recent double tops, breakout entry.
Running about 1%. SL at BE.
On this particular pair I saw a impulse followed by a slow correction on the 1 hour. Now we're just waiting on a cross back to the upside and a retest of structure before taking the trade to the 227 of the fibonacci retracement. Follow me for more quick updates and analysis.
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...
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...
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...
Quick recaps on the trades taken this week.
AUNZD - Currently SL at 1:1 profit. Looking clean to at least hit the previous tops area.
NZDCAD - closed down for 3.5% profit. Understand what the market is likely to do and management plan is to secure profit before bigger corrections.
EURNZD - closed down for 2% profit. Quick note here is, I am...
Let's take a closer look at the Ascending/Descending channel structure in the market.
Typical ascending channel will happen at the top of the overall price action, and once the correction is finished, we have a high probability to see the price reverse.
Whereas a descending channel structure will form at the bottom of the overall price action,...
Hope everyone is having a good weekend and is preparing for the next week.
I will be starting to do these weekly trade recap videos on a weekly basis starting in 2021 January, and want to hear feedback from everyone in the community on this style of educated information.
Let me know what you think of these types of contents and formats...
on WEEKLY: price is approaching a strong support/resistance zone in green so we will be looking for objective sell setups on lower timeframes. unless price breaks it upward aggressively, then we will be looking for objective buy setups on its retest.
on H4: price is trading inside our red channel (not valid yet) so we are waiting for a third swing to form around...
#Bitcoin peaks at 10,400 before confirming a bearish outside candle formation. Is this the beginning of the next bear market? Maybe for 1 hour chart enthusiasts, but broader price structure CLEARLY hints toward further strength. In this video, I am sharing the ideas and elements that we evaluate in order to gain a sense of perspective that is RELATIVE to the...
USDMXN is currently correcting towards the golden Fibonacci retracement of the last impulse wave to the downside. This follows the completion of corrective minor wave 4.
It could be then followed by a final 5th impulse leg in the minor degree, eying the 100% Fibonacci extension of waves 1 and 2, near 18.34.