Hey there, so today I would like to introduce the first episode in what I would like start calling Mindset Mondays. So in this session we going to:
- Learn how to overcome the fear of losing so you can trade with confidence and fearlessness
- Discover how to leverage your losses and maximise your returns resulting in consistent and sustainable equity growth
-...
Hey trader, I hope you're having a profitable week. ;)
If not, maybe you'll have one with this trade. But before taking it, let me explain how it will unfold.
The price will prepare to drop for the take profit point after it has formed a bearish reversal pattern that guides the price to break and retests its neckline and 8 MA. That's it. Simple, right? Wrong....
USDT.D has formed a large ascending triangle which is bullish. if we break upside, we will see huge dump in the market probably the last dump before the rally.
we have to wait for the breakout in order to take the action. whether to short or long the market.
most likely it's gonna break upside. it's bullish pattern also we are in the bear market. so, people...
Hey trader, I hope you having a profitable week. If not, try this:
But first, let me explain how these trades will be triggered. If the price bearish bounces of the 1st 4H Key Lvl and 8 MA with a bullish reversal candle pattern (1st trade) then proceeds to bullish break and retest the 4H H&S Neckline and 2nd 4H Key Lvl (2nd & 3rd trade); according to the 4 hour:...
SPX Loss 9-30-22 Too early
Today attempted buying and loss after jumping in too early with a tight SL. Only used about an 1/8th of my normal lot size so the loss is nothing major at all. Was looking for a move off of the 15m+FVG and it moved instead off of the 15m+OB. Wasn't being patient this morning with this setup and jumped in before the orders came...
The Reality of Trading..
Welcome to the last trading day of the week. Still testing the new methodology of trading An hour everyday. Its a intriguing experience so far & I'm enjoying it. We tool two loss today while trading our method and its part of the game.
Result so far!
1st week- -5r
2nd week- -2r
-4r
Not a great day to trade. Perfect example of what not to do on boring slow OPEX days especially after a huge gap down. Should have avoided it or only take A+ set up trades. Got burned and ended up revenge trading in the power hour to gain some losses back, but still ended up red on the day. Anyway, HAPPY MEXICAN INDEPENDENCE DAY!!!
EURO POUND NEWS AND ANALYSIS
Recent developments in the UK are pushing the price up. The ECB Press conference might say otherwise at 14:45.
Price is forming a bullish head and shoulder pattern on the monthly that's accompanied by a double bottom on the weekly time frame.
Fundamental Outlook
The pound has been rallying up lately. Market seems to be...
