Losing trades aren't always bad. It's when you don't manage the trade before you lose that can make losing trades bad. Let me walk you through 4 positions that I stacked week and show you how I avoided losing thousands of dollars and kept the loss to under 1%. Firstly, it's important to understand that I am a swing trader which means I observe a variety of...
🚨📈💡 GBPUSD ALERT: BULLISH DIVERGENCE DETECTED! 📈🚀 🔍 What we've discovered during our examination: 🔍 📈 Bullish Divergence: Despite the prevailing bearish trend, we've identified a bullish divergence forming on the GBPUSD 1-hour chart. This could be a sign of a potential trend reversal! 📉🔄📈 📈 Relative Strength Index (RSI): The moment indicator RSI is backing this...
🚨📉 Alert to Crypto Traders 📉🚨 📈 #UNIUSDT #BullishTrend #BearishDivergence 📉 Crypto community, pay attention to UNIUSDT! 🚀📉 📈 The overall trend for UNIUSDT in the 1-hour and 4-hour time frames remains BULLISH, forming Higher Highs (HH) and Higher Lows (HL). 📈📈📈 🚨 However, we've spotted a concerning sign: #BearishDivergence on the Momentum Indicator RSI. 📉 RSI...
In my journal, I'm noticing GBPUSD made a new lower low on the 4 hour timeframe. Although price is in an uptrend as clearly seen on the daily and weekly timeframe, any sells taken will be a countertrend trade. I prefer to trade down to my weekly estimation zone 1.27620 and entering on the 4 hour timeframe to keep the stop loss small. Trade at your own risk and...
Fake out on GBPAUD on the 4h HH. made a box on the fake out candle. Orderblocks in the box. wait for it to go up then sell to fibo 0.618. stoploss above breakout box. nice 1 to 3 or 1 to 7 RR
whats up good people and profitable traders! today im looking into buying eurusd ,, technically and fundamentally we can anticipate price to push higher with any pairs going against the Dollar as we heard yesterday, interest rates will stop increasing for now so this fundamental news is bearish for the dollar price is starting to move nicely creating...
In the world of forex trading, achieving consistent profitability requires not only sound strategy but also effective risk management. One crucial aspect of risk management is determining the appropriate lot size for each trade. In this blog post, we will explore the best methods for you to calculate lot size, emphasizing the use of tools available on...
MHUA is shown here on the daily chart. It is currently trading at about 90% off its high of the year. It is in the high volume area of the long term volume profile suggesting there is sufficent liquidity to support active trading. Recent volume spikes suggest buying volume increases with the spikes being about 10X relative volume. Price is over the POC...
If you are considering entering a short position on AUDNZD, it is important to carefully consider your risk tolerance and investment objectives. Shorting a currency pair involves betting that the exchange rate of the assets will go down. While this can potentially result in significant profits, it also carries a high level of risk. If the exchange rate of AUDNZD...
Hey Traders, Upon this Morns Crypto News/Sentiment surrounding Binance... You have the option to make a decision. Eyes will race to that of the 'New' asset hot in popularity which is Bitcoin. If you have to trade it, you always want to buy dips to attain value. There is no value really in buying high prices because naturally, you are getting a worse deal if...
Wow! As we forecast yesterday, the market is shaping up incredibly. Today we have brought in some £ pairs as we have some very high probability trades that could be forming. These would be textbook, low risk set ups. Also a small lesson on NZD/JPY for us all to learn from myself included which I feel could take so many losses off the table for people....
Am looking at a strong bearish move, I have labeled my setup to be more clear to you. Disclaimer: All trading strategies are used at your own risk - Any content from this page should not be relied upon as advice or construed as providing recommendations of any kind. It is your responsibility to confirm and decide which trades to make. Trade only with risk capital;...
CHFJPY successfully broke out the channel and retested the channel. It seems like we are really having a bonce upwards as expected, our trades are opened and running. Wish you all the best. Lets download Success.
I noticed I’m still in AUDNZD, which is in good profit. Price made a new high, and my first action was to move the trade to break even. At the same time, I noticed I lost a trade on NZDCHF which I set a pending order for this morning. What I did next was a reaction to the loss. I immediately sought a trade on a currency pair that was not on my list. Once I did...
OANDA:XAUUSD Gold has been trading in the range since last Friday (10th February 2023). It is clear that speculators and investors are waiting for something: maybe some economic indicators like CPI will decide the movement of Gold by today (14th February 2023) Within the 1H timeframe, It is clear that gold has a strong chance of continuing its downtrend if it...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk What you can afford to lose
I opened a short yesterday at the $23300 level. Let's see what will happen 🚀. Just remember: Stick to your plan and have a good risk management 👍 And that's the main reasons I decided to take a short on BTC : ► Confirmation of the breakdown of the rising wedge ► Retrace of the 0.5 fib level ► Tripple or four Top ► High risk reward ratio Trading setup: Entry:...
I opened a short in the morning around at the 0.618 fib level. Let's see what will happen 🚀. Just remember: Stick to your plan and have a good risk management 👍 And that's the main reasons I decided to take a long on ETH : ► Confirmation of pullback of the ressistance (grey box and orange line) ► Retrace of the 0.618-0.65 fib level ► Tripple Top ► High risk...