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Weekly Trading Recap: NU, EU, EP, XAG, DOW, UKOIL Oct. 31 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. I have mostly losing trades this week and the end of the month. Definitely not hiding it and acknowledge the losing month of this year. Certainly have room for improvement and reflections. Some of the trades actually were in good profits but ended up reversing and left some profits on the table (EURUSD). Some trades such as AUDNZD and GBPNZD from previous weeks went in the desired direction, but just didn't manage to be my full advantage as I followed my plan to exit accordingly. The last week was emotional for me and I took a few more trades that did not end well. I also closed down all the live trades such as Silver and Corn. Wanted to take a small break in between and get ready for November and the end of the year. My trading psychology for the last 2 weeks was not good, dealing with external issues on social media and negativity on the internet. But, no excuses here for me. Have to keep going and accept the mistakes that I made, and continue to work on the emotion and mindset here. SILVER: 2 positions closed for +2.50% profit Full analysis/forecast: CORN: +1% profit Full analysis/forecast: EURGBP: Out for BE Full analysis/forecast: BCOUSD/UKOIL: Out for BE Full analysis/forecast: US30(DOW): -1.00% loss Full analysis/forecast: NZDUSD: -1.00% loss Full analysis/forecast: EURUSD - 4 entries all closed down with total of 0.20% loss Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo
by jojofang0901
39
Perpetual Protocol - $PERP - Building Bullish Market StructureWe are starting to see perpetual protocol put in bullish market structure on the daily chart. This also lines up with the channel that is currently sitting on the support. While I do think we could go down a little bit against bitcoin and Ethereum, we are getting very close to a major breakout they could see perpetual protocol go up over 100% in a very short period of time. They are getting ready to launch version 2 in the next two months and when that happens I believe this project will see a lot of upside. Don't sleep on this project.
PLong
by brendanwenzel
Weekly Trading Recap: EURUSD ~(+4%), XAGUSD ~(+5%) Oct. 23 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. EURUSD: 2 positions running for +4% profit Full analysis/forecast: SILVER: 2 positions running for + 5% profit Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo
by jojofang0901
41
USD Weakness ? Detail Price Action Analysis Breakdown Hello everyone: Many have asked me to do another in depth breakdown on the USD pairs. Personally my bias and view is more weakness to come on them. So I will break down all the potential USD pairs that are developing nicely for some opportunities. Currently in EURUSD Long and watching out for other pairs as well. DXY Original Analysis and Forecast: EURUSD Original Analysis and Forecast: AUDUSD Original Analysis and Forecast: USDCHF Original Analysis and Forecast: USDCAD Original Analysis and Forecast: USDSGD Original Analysis and Forecast: GBPUSD NZDUSD USDMXN Any questions, comments, or feedback welcome to let me know :) thank you JoJo
by jojofang0901
28
Weekly Trading Recap: EURUSD, SILVER, GBPNZD, SOLANA Oct.17 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. EURUSD: First Entry: Closed down for -1% loss Second Entry: Running about +0.7% profit Third Entry: Running about -0.3% loss Full analysis/forecast: SILVER: Running about +1.3% profit Full analysis/forecast: GBPNZD: 3 Entries closed down for -1.5% loss Full analysis/forecast: SOLANA: Closed down for -1% loss Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo
OANDA:XAGUSD
by jojofang0901
28
Weekly Trading Recap: SILVER, SOLANA, GBPNZD, AUDNZD Oct 9 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. GBPNZD - Running about BE Full analysis/forecast: SOLANA - Running about -0.25% Full analysis/forecast: SILVER - Running about BE Full analysis/forecast: AUDNZD - Initial Entry: Closed for +0.90% profit Scale in Entry: Closed for -1.03% loss Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo
by jojofang0901
30
Weekly Trading Recap: AUDNZD October 2nd 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. AUDNZD - First Entry: Running about +2% Second Entry: BE Third Entry: Running about BE Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo
by jojofang0901
19
When/How to move SL to BE and to profit in a running trade ?Hello everyone: Today I want to discuss a topic in Risk Management, specifically on when and how to move your STOP LOSS to BREAKEVEN or in PROFIT when you have a running profit trade/position. In an impulsive phase of the market, we want to make sure to protect our entry as well as secure profits. In this example of EURUSD, I managed to get 2 entries in, and manage it to my best ability and secure profits Trade close down for +7.9% profit Original Trade Forecast and Analysis: This is a topic that will have various answers across traders, as this is certainly up to each individual trader’s strategy, style, and management approach. So understand there is no right or wrong, “holy grail” kind of decision. It's up to you individually as a trader. I will share my management, and why I choose to go with these types of approaches, and you can certainly use them to your advantage to tweak/modify them to fit your strategy. Few things to keep in minds are: 1. Moving the SL to BE or/and in profit is a way to protect your entry, as well as secure profit. 2. Sometimes moving the SL too early may “choke” the price, and you can get stopped out for BE or small profit. Then watch the price take off in your desired direction, which can create negative emotion. 3. Whereas sometimes if you don't move SL to BE or in profit, you can watch a trade that hits 3:1 RR or more, end up reversing down, passing your entry point and to your actual SL of -1%, which can also create negative emotion. 4. No perfect scenario or management when it comes to the aspect of trading, as every trade is unique, and different outcomes may happen, since the market itself is not perfect, and can do whatever it wants to do. Now, I will explain my own management when it comes to moving SL to BE or/and in profit. Certainly this is NOT the only way, nor it will be the best way, but over the years of backtesting & chartwork have given me reassurance on these types of management ways. I will then show some real live examples on the trades that I closed down, and how I manage them as well. CADJPY - Original Trade Forecast and Analysis: GBPJPY - Original Trade Forecast and Analysis: CHFJPY - Original Trade Forecast and Analysis: NASDAQ - AUDNZD - Original Trade Forecast and Analysis: First, a general rule of thumb for me. IF the price has hit about 1:1 RR or so, and has broken past the previous recent lows, I will move my SL to BE. There is no exception in this rule. Again, I explained earlier that sometimes this will help you to protect your entry when price reverses, and sometimes it will choke the price. In this case, I would rather take a BE first, and re-look for entry again in the same position, as long as the bias and the price action is still valid on both the higher time frame and lower time frame. Second, once the entry is in some profit, say 2:1 or higher, I generally will move the SL up to about +0.5% profit or so. Just want to secure a little profit while not choking the price entirely. Third, once the entry is in 3:1 profit, then I will move my SL to +1% profit. This is where I generally will decide whether I should take full profit here, or hold the trade for a mid-long term if the higher time frame has given me the bias. Fourth, since the trade has already been in 3:1 profit or higher, generally we can expect a continuation correction to form now after the impulse phase. If it's a smaller correction and price isn't reversing up sharply right away, I will move my SL to about +1.5% profit, set my alert above the continuation correction and observe the development of the correction. This is generally a point where I can decide to hold the trade longer, or if it reverses up from the continuation correction, then exit the trade for profit. Fifth, if we start to see a possible reversal development, then I will move down my SL to the recent swing highs/lows, or just above the reversal correctional structure, and will let the trade tag me out for profit if it reverses. Any questions, comments or feedback welcome to let me know :) If you enjoy these contents, and the educational lessons are helpful, please press like, subscribe and follow for more. Jojo
Education
by jojofang0901
89
Weekly Trading Recap GBPJPY, NASDAQ, EURAUD, GBPNZD Sept 25 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. GBPJPY: Exit for +3.12% profit Full analysis/forecast: NASDAQ: Exit for +2% profit Full analysis/forecast: EURAUD First Entry: BE Second Entry: -1% loss Full analysis/forecast: GBPNZD: Originally had the SL at BE, some slippage on the price during rollover. -0.5% loss Full analysis/forecast: AUDUSD: -1% loss Full analysis/forecast: CADJPY: Exit for +5% profit Full analysis/forecast: CHFJPY: Exit for +3% profit Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo
by jojofang0901
36
Multi-Time Frame, Price Action Analysis on Japanese YEN StrengthHi everyone: Many have asked me about the Japanese JPY pairs outlook and forecast, as we can see they are surely gaining strength across the market. I am personally live in some of the sell and looking to hold the trade as well as scale in on additional trades as well. Now let's take a look at the pairs that I am currently in, and as well other JPY pairs from a multi-time frame, price action analysis point of view. I will go over the best ones to look out for, and share my original analysis/forecast before the moves happened. In addition, my plan on how to manage the current live positions, and plan on how to scale in new entries as well as other pairs. Starting from the current positions that I am in: CADJPY: Currently running + 6%, 6:1 RR Original Analysis/Forecast: CHFJPY: Currently running + 3.5%, 3.5/1 RR Original Analysis/Forecast: GBPJPY: Currently running + 3.5%, 3.5:1 RR Original Analysis/Forecast: EURJPY: Got out for +2.8%, 2.8:1 RR Original Analysis/Forecast: AUDJPY: NZDJPY: USDJPY: 2 entries total for BE Original Analysis/Forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo
Short
by jojofang0901
19