Hi All,
This was a post for the trading group but i thought i would add it here as a tutorial piece. We just talk about what the bulls could achieve before the monthly, quarterly, annual candle close and also touch on strategy which was mentioned in the previous video.
Apologies for the short message here.
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This is not trading advice.
Thanks for taking...
Asking about silver investment it would be the safest investment in the next few years were talking about next 5 years almost to know that silver will perform better then others metals since its been a long time that silver was being a sleeping giante and next years we will see silver at lvls we never saw before . invest your dollars in silver and thank me later
AUJPY broke up the descending channel . It has formed a short term uptrend. In order to buy I am waiting a break - retest of the resistance with a TP level close to the most recent solid resistance I spotted.
Otherwise, if it breaks the current support zoen and retest it pointing down I will go vice versa.
In general BoJ is more dovish while BoA is more...
AUDJPY is pinching and getting tighter which will force a move in either direction. Use the bottom red arrow line as support to hold the price action up. Don't trade bearish until the price breaks below the red support line.
If you don’t sit and wait for your set up to form for 1-2 hour the. You probably a wishy washy trader . Have a setup and wait for it, look at multiple pairs
Don’t worry about missing out, plenty of money are trapped at every session. 1 trade aday may take you 1-3 hour depend if you sit at the screen or not. Don’t stress your self out
How many people are aware that growth is made in stages?
How many people are aware of where they are in the process?
How many people have the patience to go through each stage, knowing that the end result will be worth it?
Self-awareness.
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Recognise your place in the grand scheme of things.
Only the questions you ask yourself, determine how good you are....
Why is this a buyer's market?
1. Moving averages in the past were bought (200MA, 300MA)
2. Everyone is looking at 200MA. This can break down also.
3. Great support at 13-16k if capitulation is not over at 24k levels.
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Next will analyze RSI to spot rare occasions to DCA...
Shared another idea ft. Nas100, but US30's price action has been smooth, lots of reentries, tight mitigations, low volume distributions and huge volumes at breakouts... loved this week and I'll seek to push those moves lowers through the start of this week.
Has a lot of drawings, but overall everything I detailed this week in my charts, even after ZOOM...
Trading day. A difficult one. GLOBALPRIME:GER30
The day started. I woke up a bit too early and lay in bed for the next hour and a bit. Rolled over and had a look at the night's notifications. Nothing important. I opened my laptop. This was the first mistake. A laptop with wifi and a trackpad. Suboptimal. I found my login, successfully logged in and adjusted my...
Risk : Reward
1:16
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A Healthier Approach To Trading In 5 Simple Steps
1. Follow your plan.
2. Focus on Process, not outcomes.
3. Work smart (limit screen time, contingent orders, etc).
4. Worry less, think positive.
5. Exercise and meditate daily.
Trade Safe.
We could see a possible push up to 0.7425
Moving Stoploss to breakeven at 0.7225
Manually exiting if price closes below 0.7168 on the 4H timeframe.
Risk : Reward
1:8
Trade Safe 🥂
