havent seen anyone speak about this yet so validity can be called into question
it is possible that we have finished our cycle, which is actually a continuation from 2013 & 2017
a triple-three here shows how that could be possible with what we would of referred to as wave 4, taking for granted you have the tolerance to look at something this messy
The price zone around 0.9771 in AUDCAD is acting as a strong support which is evident by the triple bottom seen on the price chart.
Hopefully it will resume its bullish trend after this correction at 4 hour chart.
Buy : 0.9793
SL : 0.9771
TP : 0.9991
R : R = 1: 10
XEM/BTC is seeing some strong upward movement today. I'm seeing the price reach the 1450-1500 sat area again.
If the price manages to blast through this area, we might see even more growth in the coming weeks. In any case, trade carefully.
If you Agree, hit the like button and follow me to see my opportunity to buy or sell in the market.
Keeping the trade simple, even it's super simple, as long as you understand what you are doing then take the risk to gain.
1. Lot size:
Acc 100 USD : 0.01 lot
Acc 1000 USD : 0.1 lot
Acc 10,000 USD : 1.0 lot
Acc 100,000 USD : 10.0 lot
In the book The New Trading for a Living, Alexander Elder describes an useful and mechanic way to analyze and filter opportunities for investing.
The 3 layers have a main purpose these are:
Top screen = censorship purpose (this one is the TOP SCREEN)
Intermediate screen = determine if there is an opportunity
Bottom screen =...
Optimism crept back into the market earlier this week, with market participants speculating that cases of 2019-nCoV may peak by the end of February.
However, a revision of the counting methods used to identify infections led to a 15,000 case jump in the Hubei province; with the WHO stating many of these cases date back up to three weeks.
This has seen doubt...
This is pretty nice. :-) I see a chance to LONG to 0.67769 which is (only) around 90 pips, followed by a SHORT to 0.65984 which could be 175 pips and then the huuuuge LONG to 0.6934 which would be around 340 pips. Good Luck.
This is my revision of the 20,50,200 Ema&Aroon strategy.
I've added a second Aroon a indicator set to 50. This allows you even greater insight and accuracy to the beginning of a trend as well as greater accuracy in determining when the pair is consolidating.
In most cases, if the Aroon 25 doesn't catch the beginning of a good trade signal, the...