GBPAUD has retreated from a major breakout north down to a key ATR support level. This creates probability for the north. But caution - for every probability estimate in one direction there is a residual probability in the opposite direction.
EURUSD has presented different opportunities and conflicting signals. 'Everybody' wants to know which way it is going. This is the wrong question. In this screencast I show different opportunities relative to trends on different time frames. Where price is going, depends heavily on which time frame trend you're stalking - and whether you'r willing to take a...
Fibonacci booster trade. Maybe my best overall trade to date.
In the screencast I show how it is simple for me. Why? Because I'm not in the business of prediction. All I know is what my acceptable loss is, where the trend is and that's about it really.
I explain why I think there is a sound shorting opportunity on EURUSD (4-hourly) in my own methodology.
I'm out of it. I'm not getting into FOMO. Based on my own methodology, I'm not happy with stop-losses. So that's it. For me, I have to consider my stop-losses as 'gone'. That's money I'm willing to throw away on the chance that I'm wrong. So I'm not happy with the losses between 2H and 1D time frames. Gamblers who want to win a single trade may get involved....
Here is my thought process on Redd Coin. The coin is available to trade on Bittrex . My opinion on RDD/BTC is bullish as it has volume accumulation and RSI near 30 suggesting the coin has been over sold. The price movement for RDD for the past month has seen dramatic price (30% or more) increases at various time frames and I think it will make another jump...
The purpose of this video is not only to provide a TA on what happened March 13th, but also to describe how dangerous using a Stop Loss limit order can be! My stop loss did trigger but it did not have a chance to insert my order on the books and sell it off. Never insert your stop loss and limit price too tight! If the market has a flash crash or a volatile spike...
ALSO - HOW DOES THIS EFFECT THE CRYPTO MARKET. This is a technique big banks use to hide large sizes orders they are trying to fill without the public seeing their smaller transactions and have price move against them. EX. - Banks bias is bearish to sell $60 billion of sell orders They have chosen a previous resistance price level to manipulate around They will...
Hi all. This is the last video in this little series on the CTR/BTC price spike that we've been following for awhile, and today we're covering exit points/signals & stop-loss strategy. Bear in mind that this is my personal way of doing things, and you shouldn't just follow this blindly. This is what works for me, and takes into account my personality and...