Struggling at trading? This might remind you of the truth!
Trading momentum up to resistance at 137.659 4 hr trend is bullish. Momentum north is strong. DXY is bullish so Dollar is weak. JPY pairs bullish across the board (correlation.
My basis for taking this trade is this: 1. The momentum, which is very important to me, is very strong to the bearish direction. 2. There is a significant demand zone at 1.08318 3. There is a racetrack to the left where there are no unfilled orders to impede the sellers.
AVAXUSD Let see if momentum enough for the 25-26 band till tomorrow despite negative market pressure. Be smart; be your advisor!
Break out setup conditions met with ATR being used as our SL for a 1:2 trade
PLAYBOOK SETUP: REVERSAL (all conditions met) ENTRY CRITERIA: MOMENTUM AIM: Minimum 1:2 RR
Price has stalled at a valuable structure and qualified for our REVERSAL playbook setup on MOMENTUM Lets see if we can capitalize on a quick correction for our second London trade. Probability of success: 50%
Using half of our profit from last trade, we will go for another 2R on this last setup of London. Price has yet made another playbook setup and we must heed by our trading plan and take it. We have taken far more entries during ASIA/LONDON than we anticipated and although they were all profitable, taking these many entries is NOT what we recommend. Psychology...
Good for long trade for a momentum upmove Buy above 926 Sl 898 Tgt 980 1000 1025 Ask your financial advisor or broker before taking any action based on my view Only for educational purposes
HELLO FRIENDS! Analyzed this stock 2 months back in my videos in my channel. Worked perfectly as per the analysis. Target is 300% which I assume may hit in 2 months. Logic behind this trade is Stock was facing resistance of the trendline for a long time. In the third attempt in June it broke the trendline. Another logic is the stock had given breakout above the...
Taking Intraday USOIL shorts after a minor retracement to the upside. Everything else is included in description! TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
Lightspeed POS Inc. provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Germany, Australia, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc. The company’s cloud...
Strong momentum coming into the M15 key level with strong wick rejections to the upside. Entered on the break of the break of the previous M15 close (low). Anticipating the H4 momentum kick in and push price down to create the next continuation phase.
As breadth deteriorates across major indices, managers look to hold outlying leadership. This week it has been performance in tech and consumer discretionary holding up the S&p 500. If you drill into the top holdings of $XLK, the info tech sector, you see selling pressure in Adobe $ADBE, Salesforce $CRM, Microsoft $MSFT and others. There are only a few leaders...
Down for next 2 weeks. Ran out of time in video but was going to end with ETH popping yesterday right before BTC drop was final curtain call. Then shib rocketing today was further distraction while dropping other tokens. Kindof like when CNN promoted Doge at peak in May.
It has been awhile but wanted to make a post on this trading setup coming together. It was funny because I had been long this pair from the recent structure level in hopes of a 100 pip or so movement to the upside before this drop but this drop came sooner than expected. But anticipated. SO LETS DIVE INTO THIS! 1W CHART: As you can see on the weekly timeframe...
GBPJPY 19 - 24 Sept Outlook and Trade Plan Structure: Weekly closed Solid Bearish Daily Solid Bearish LH/LL 4H Bearish (First break of bullish structure) Nothing major changed from last week outlook except that we managed to close below 151 after we formed HH last week but failed to hold the bullish structure and on Friday we had formed LH on 4H after retesting...
GBPJPY 13 - 17 Sept Outlook and Trade Plan Structure: Weekly closed indecision in range Daily Bullish 4H Bullish We had formed HH on Friday, and currently we are retesting last 2 weeks range. My Trade Opportunities: If we managed to respect previous week range, I'll be comfort for longs above 152.20 targeting recent highs and possible continuation. If...