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Weekly Trading Recap: LTCUSD, XLMUSD, BNBUSD, GBPCHF Apr 17 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the positions that closed down this week. I will explain my approach on the entry, SL, TP and management. Litecoin (LTCUSD) - Running about 2% profit Full analysis/forecast: Stellar (XLMUSD) - Running about 2.5% profit Full analysis/forecast: Binance Coin (BNBUSD) - closed down for +9.5% profit Full analysis/forecast GBPCHF - Closed down for +0.5% profit Full analysis/forecast: Any questions, comments or feedback please let me know. :) Thank you Jojo
BITSTAMP:LTCUSD
by jojofang0901
49
How to identify a correction for the next impulse move ? How to identify if a correction is finished/completed and ready for the next impulse move ? Hello everyone: In this educational video I will go over how to properly identify a correction in price action analysis. I recently made a price action workshop live stream video that went over everything on impulse - correction, structures/patterns, continuation and reversal corrections, but I still get a lot of questions on identifying corrections itself. How to draw, use the trendlines to identify a correction, and how to understand they are going to complete/finish. In my opinion this is the most important part in technical analysis. We need to understand that the market moves in phrases, it can only be in the impulsive phrase or corrective phrase. The key to trading is to understand when a correction finishes, we are going to get the impulsive phrase which will give us traders a better edge in the market to enter, where the momentum is strong. I have made many educational posts on price action analysis, specifically on continuation or reversal correction, which I will put the links below. Any questions, comments, or feedback welcome to let me know. Thank you Jojo Price Action Workshop www.tradingview.com Impulse VS Correction Continuation and Reversal Correction Multi-time frame analysis Continuation Bull/Bear Flag Reversal Ascending/Descending Channel Reversal Double Top/Bottom Reversal Head & Shoulder Pattern Reversal “M” and “W” style pattern Reversal Impulse Price Action Expanding Structure/Pattern
BINANCE:BNBUSDEducation
by jojofang0901
62
Weekly Trading Recap: BNBUSD, GBPJPY, GBPUSD, XLMUSD, Apr10 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the positions that closed down this week. I will explain my approach on the entry, SL, TP and management. Binance Coin (BNBUSD) - running about +8% profit, will exit at $500 Full analysis/forecast GBPJPY - Exit for +3% profit first trade, and -1% loss on second scale in. Full analysis/forecast GBPUSD - Exit for +2% profit Full analysis/forecast Stellar (XLMUSD) - running about +1% profit, SL still at BE Full analysis/forecast: EURNZD - Exit for +0.5% profit Full analysis/forecast NZDCAD - exit for about -0.25% loss. Full analysis/forecast Any questions, comments or feedback please let me know. :) Thank you Jojo
BINANCE:BNBUSD
by jojofang0901
41
Weekly Trading Recap: BNBUSD, LINKUSD, EURAUD April 03 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the positions that closed down this week. I will explain my approach on the entry, SL, TP and management. BNBUSD - Running about 1.5% Full analysis/forecast LINKUSD - Running about BE Full analysis/forecast EURAUD - 1 % profit Full analysis/forecast NZDCHF -1% loss Full analysis/forecast: GBPJPY - 1% loss Full analysis/forecast: Any questions, comments or feedback please let me know. :) Thank you Jojo
BINANCE:BNBUSD
by jojofang0901
53
Risk Management: Entry in the impulsive phrase of price action Hello everyone: Welcome back to another video on risk management. Today I want to discuss a few possible entries that we can do in the market when we spot the next impulsive phrase of the market condition. I will break down the 3 types of entries that I always look for when I am about to execute a trade. Sometimes we will see all 3 entries present themselves, and sometimes we might only see 1 or 2. So let's dig into these entries. All entries are based on the continuation or reversal structure on the LTF mostly. So I need to see a LTF correction forming and potentially completing before setting any of these entries. In addition, they have to be aligned with the HTF overall direction and bias. Multi-time frame analysis is key. All my entries are stop entry order, meaning the market needs to hit a certain price before getting triggered. Buy Stop or Sell Stop order. You may see variations of these entries in different strategies or styles, but here are my take on them and my way of using them in my trading. Let me give a few examples of each on different markets and pairs to show the potential move and possible entry criteria. Below are same other Risk Management you should know in trading. Risk Management 101 Risk Management: How to set a Take Profit (TP) for your trades Risk Management: How to Enter and set SL and TP for an impulse move in the market Risk Management: How to scale in the impulsive phrase of the market condition? Risk Management: Combine everything you learn to prevent blowing a trading account Impulse VS Correction Continuation and Reversal Correction Multi-time frame analysis
OANDA:XAGUSDEducation
by jojofang0901
24
Does news events affect price action analysis in trading ?Hello everyone: Today I want to discuss news events in trading. Often when a news event comes out in the market, we get some sort of volatility and we get a strong spike/impulse. However, does news events affect our ways of understanding price action analysis ? Let's take a look at a few examples of the recent FOMC volatility that happened in the forex, indices and commodity market. Most of the market had a sharp quick move to one direction, hinting a sign of weakness in USD/JPY..etc. However, all of them ended up with a reversal impulse, and recovered all the price from the volatility. So, what can we take away from this ? News certain creates volatility, but not the overall price action trending direction. We may get a temporary short term move, but eventually the market recovers it, and resumes its original direction. Often beginner/newcomer traders will try to “jump” onto the news momentum, but usually end too late, and they will take a BE or losses. We can not control the outcome of the news or whether the news will be positive or negative towards our trades, but what we can control is our entry, SL, TP, risk management, emotions and mindset. Any questions, comments or feedback welcome to let me know :) Thank you Jojo
Education
by jojofang0901
18
Weekly Trading Recap ADAUSD, EURUSD, USDCAD, AUDCAD, Mar 20 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the positions that closed down this week, and what are still running. I will explain my approach on the entry, SL, TP and management. ADAUSD (Cardano) - BE Full analysis/forecast: USDCAD -BE Full analysis/forecast: EURUSD - BE Full analysis/forecast: AUDCAD - 2 trades closed down for 4% Full analysis/forecast: EURNZD - BE Full analysis/forecast: Any questions, comments or feedback please let me know. :) I will always do a weekly trading outlook live stream at the beginning of each week to discuss any potential opportunities ahead in the forex, crypto, indices, and commodity markets. Feel free to tune in to my forecast. :) Thank you Jojo
OANDA:NAS100USD
by jojofang0901
21
Weekly Trading Recap: GOLD, AUDCAD, EURNZD March 13th 2021Hello everyone: Welcome back to this week’s trading recap video. I took 3 trades this week, and 2 are still running profits. Let's take a look at them and see my approach on entry, SL, TP and management. GOLD - Took BE Full analysis/forecast: AUDCAD - Currently running about 2:1 profit. Full analysis/forecast: EURNZD - Currently running about 1:1 profit. Full analysis/forecast: Any questions, comments or feedback please let me know. I will always do a weekly trading outlook live stream at the beginning of each week to discuss any potential opportunities ahead in the markets. :) Thank you Jojo
OANDA:XAUUSD
by jojofang0901
18
Weekly Trading Recap: UC, EN, CJ, AJ, UM, US30, Mar 6th 2021Hello everyone: Welcome back to my weekly trading recap video. This week I have several trades resulting in Break Even, let's take a look at these trades and what my approaches are as well. EURNZD - First Trade : Break Even Second Trade - Break Even Full analysis/forecast: USDCAD - Break Even Full analysis/forecast: CADJPY - Break Even Full analysis/forecast: AUDJPY - Break Even Full analysis/forecast: USDMXN - (-1%) Full analysis/forecast: US30 (DOW) - (-0.69%) Full analysis/forecast: Any questions, comments or feedback please let me know. Enjoy your week. :) Jojo
OANDA:US30USD
by jojofang0901
22
Reversal Impulse Price Action - Trend Change Confirmation Hello everyone: Welcome back to another price action structures/patterns video. Today let's take a look into the reversal Impulse price action from the market. I have back tested and seen these types of price action happen very often in any market, any time frame. Its signaling a very strong trend change and reversal momentum from the price. Let's take a look into what it looks like usually, and how to effectively take advantage of these types of price action in the market. Seeing them on the HTF, giving us strong bias for a reversal trend change coming. Seeing them on the LTF, signs of reversal from the LTF first, and leading towards the beginning of the HTF reversal move. Remember, Multi-time frame analysis is key. If we spot a potential HTF reversal impulse, then likely LTF price action is also showing reversal price action structures/patterns. We want to pair as many positive confluences as we can together to give us an edge entering the trades. As always, any questions, comments or feedback please let me know. Thank you Jojo
OANDA:US30USDEducation
by jojofang0901
39
Weekly Trading Recap: GOLD, SPX500, GBPUSD, BTCUSD Feb 27th 2021Hello everyone: Welcome back to my weekly trading recap video. This week I took more trades than usual, resulted in more losses. Overall still in the positive for the month not include my BTC long term trade, so lets take a look at the trades taken this last week. Full trading journal in my profile link. GBPNZD - Got tagged out for 0.5% profit. Full analysis/forecast: GBPUSD - Took a full 1 % loss. Full analysis/forecast: SPX500 - Manually exit for 0.33% profit. Full analysis/forecast: GOLD - Took 2 trades, 2 full 1 % loss. Full analysis/forecast: AUDCAD - 1% loss Full analysis/forecast: USDCHF - 0.5% loss Full analysis/forecast: BTCUSD - Closed both trades down. First trade in 12.39%, second one BE. Full analysis/forecast: Any questions, comments or feedback please let me know. Enjoy your weekend. :) Jojo
BITSTAMP:BTCUSD
by jojofang0901
29
Weekly Trading Recap: GBPNZD, ADAUSD, BTCUSD February 20th 2021 Hello everyone: 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 order. Currently running about 1.5% in profit. May look for further bearish scale in positions. Full analysis/forecast: ADAUSD - Hit TP of 8.94%. Was in my plan to take profit at $1 price, and monitor to see how the price breaks above, and potentially get back in for a further bullish move. Full analysis/forecast: BTCUSD - 2 positions still running, total about 20% in profit. Still holding and sticking to my long term investing approach and management. Full analysis/forecast: Any questions, comments or feedback please let me know. Enjoy your week. :) Jojo
BINANCE:ADAUSD
by jojofang0901
18
Weekly Trading Recap: ADAUSD, BTCUSD, NZDJPY, USDJPY Feb 13 2021Hello everyone: Welcome back to the weekly recap video. This week I entered just 3 trades, closed down 2 trades and I still have several positions open. Let's take a look into it. ADAUSD - Currently running about 7% in profit. Price continues to push up impulsively on the lower time frame. I have set a TP of $1. Full analysis/forecast: BTCUSD - Running about +12% in profit in both trades. I scaled in another buy entry once price broke ATH, and formed LTF continuation correction. Full analysis/forecast: NZDJPY - Take a 1% loss. Got in on this entry when price broke down from the ascending channel, and formed a LTF correction. I stick to my plan to let the trade run since it hasn't reach 1:1 profit yet to allow me to move the SL to BE. Full analysis/forecast: USDJPY - Trade close for 0.5% profit. Had my SL at BE first, then moved up as I saw the LTF turned in bearish price action. My plan was to secure some profit if price no longer shows further bullish continuation price action. Full analysis/forecast: Any questions, comments or feedback please let me know. Enjoy your week. :) Jojo
BITSTAMP:BTCUSD
by jojofang0901
18
Detail look into “M” & “W” Structures/Patterns in Price Action Hello everyone: Welcome back to another price action structures/patterns video. Today let's take a look into the “M” and “W” style structures/patterns. Many traders may use these types of structures/patterns in their trading plan/strategies. Let me show you guys my interpretation of them, and how I utilize them in my trading as well. It's important to understand many of my previous price action analysis, structures/patterns videos all tie into this one as well, I will put those links below. Essentially, a “M” or “W” style pattern is a double tops/bottoms pattern that appears mostly towards an end of a run of the current price. They are “reversal” price action structures/patterns. They are most effective when we tie in other price action structures/patterns with it. Let me give multiple examples of these structures/patterns in different markets and time frames. “M” Style Pattern -Double tops structure after price failed to continue the first initial push down. -Top of the Right M, needs to have a reversal structure on the LTF or smaller time frames (ascending channel, H and S pattern..etc) -Can either enter at the breakout of the reversal structure or the first correction after the impulse down “W” Style Pattern -Double Bottoms after price failed to continue the first initial push up. -bottom of the Right W, needs to have a reversal structure on the LTF or smaller time frames (descending channel, Inverse H and S pattern..etc) -Can either enter at the breakout of the reversal structure or the first correction after the impulse up Double Top/Bottoms: Ascending/Descending channel: Head and Shoulder Pattern: Continuation/Reversal Correction: Multi-Time Frame Analysis: As always, any questions, comments or feedback please let me know. Thank you Jojo
BITSTAMP:ETHUSDEducation
by jojofang0901
35
Weekly Trading Recap: ADAUSD, USDJPY, BTCUSD February 6th 2021Hello everyone: 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 the buy. Currently running about ~1.5:1 profit. Full analysis/forecast: USDJPY - Enter once price broke out of the descending channel structure, and there was a LTF continuation correction. Put in the stop entry order and got tagged in. First TP would be the highs of the descending channel, and second target would be the top of the HTF structure. Currently running about ~1.5% profit. Full analysis/forecast: BTCUSD - Still holding, currently running about 8.5% profit. Price may be completing this HTF continuation flag structure, and we can potentially see more upside. My management and approach remains the same, still looking at it as an investment trade, and plan to hold for the long term. Full analysis/forecast: Any questions, comments or feedback please let me know. Enjoy your week. :) Jojo
BINANCE:ADAUSD
by jojofang0901
23