looks like we have are confirmed correction started even tho we should still be at 40k i guess we have to wait a lil longer. :) Prevailingnine 3.23.23
This is a personal note to myself. Patience wins. After sometime in the markets, you are able to "see" winning set ups. You're now able to stay in trades and ride them. You're no longer moving your stop losses or not setting one. The last issue to tackle is the ability to wait. Far too often you took a win on a set up just to try and reverse it to lose more than...
Hello traders. Hope you spent a wonderful weekend! Gold is currently in very significant area. If you look higher at Weekly timeframe you will notice that this is close to the previous supply zone, a zone of strength. On the other hand, forecasts and fundamentals indicate that this specific metal will create new All-Time Highs during 2023. So,as a traders we...
As you all know {for those following this channel btw}, i have been trading off of the price movements of EURCAD since January and it has been swell so far so good. The amazing part of it all is that price has been building up to form a pattern we all know and love "THE HEAD AND SHOULDERS PATTERN" and it's super valid because it's actually very clear in the D1...
King W. Harbmayg's Journal Entry #4 Review: Price has entered into the low of the previous week and fifty pips below the 100 pip box. This position will be one of two I have planned. I wish to add size once North America session provides proper evidence for such a maneuver, and if not then I will leave the single position as is. Performance: (1 out of 5) ...
Hello all! US30 is moving between these 2 zones marked.. In the case of a Neutral move in a pair, you will be able to trade within the CONSOLIDATION BOX (Shown).. However, I would wait for the price cycle to play out! Will wait for an expansion (Potentially to the Upside!) before looking to enter! Like usual, i will update the chart if i see anything and...
King W. Harbmayg's Journal Entry #3 Review: We are operating at the high of day from Friday which was the first up day after three consecutive down days. I want to sell this for approximately 50 pips since an evening star printed at the high of day. I want NA session to provide evidence for the short by meeting my sell criteria.
I've decided to go for the long term trade. One I categorize as blockbuster . Potential chance to receive a massive reward in ratio to a loss. - Here's my reason With GBP falling treacherously an influx are buyers pusher it back on. Meaning two things. One: An exit of sellers ( Less people selling the pair) Two: An abrupt of buyers getting in a record low...
As you can see above in my last post the market respecting our analysis, AudUsd retraced to the exhaustion areas i was expecting. Buyers entered the market which made the Daily candle have a big sellers exhaustion, now we can dive deeper and look at lower timeframes and see where we can have the confirmation. In this post i marked the areas im looking to enter...
I recognized that price was set for lower demand levels and after waiting for the liquidation event, I got in with much smaller size than previous as I have already achieved today’s fulfillment.
Market Manipulation Happened on the last week after CPI now we going down because Inflation Work Lay offs and more data release next week STAY PROFITABLE !!!
Here I showed everything I know that can draw me to the conclusion to my trades.
Hello Team, Currently Bitcoin is between a support & resistance level. For us we will not be placing trades within this range. - If the price breaks above the resistance we will look for a buying opportunity. - If the price breaks below the support we will look for a selling opportunity. Patience is key, let price action tell us the answer.
When trading most of us entry our trades TOO EARLY. Ofcouse we don't want to miss the opportunity to make money. This is one of us basic fear and its called "fear of missing out" Everybody knows this fear but we still feel it. And it is not just trading. You feel it when your friends go out and they did not invite so you feel miserable and left out. So its natural...
GBPJPY Outlook for Nov 7th- Nov 11th LONG if Closes Bearish Top-Down Analysis: Starting with a Top-Down analysis POV. In the Daily I will wait and watch for how Monday will Close. Remembering that Monday is huge day for manipulation we need to wait patiently. We do not always need to be in the market. A successful trader is a patient trader. Trend Analysis:...
Patience for investors. QNT demand zone given by several inefficiencies on price action. I would say QNT will go to demand zone again by more than 70% of chances
Hello !! Welcome to the quick update of BTCUSDT. In the last few days, we saw BTC trading in the range of 20000 to 22000. After hitting the 22000 mark, it took a dump and the major dump was seen on the 19th night when BTC dumped all the way from 19700 to 18200. As of now, we can see BTC taking the 18200 support and is currently trading around 19000. We can long...
Thank you for your likes and comments! Very appreciated. It is not financial advise, just educational idea See here the S&P500 giving some regular slots but only 1 out of 10 pays. The lesson here is to be verrrry patient. New potential uptrend identified from the green circled candlestick. New potential support probably just under with the dotted line. The S&P500...