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Weekly Trading Recaps: AUDJPY, NZDCAD, XLMUSD, SUGAR, BTCUSD Hello everyone: Welcome back to another weekly trade recap video. This week I got evolved in 3 additional positions, and I currently have 4 trades that are running as well. So let's take a look: AUDJPY - First Trade -Full 1 % loss. Second Trade: Entered once price completes the channel, recent double tops, breakout entry. Running about 1%. SL at BE. NZDCAD - Full 1 % loss. Good price action to break out, and entered at the LTF correction. Price made a push up before dropping down impulsively. Sometimes this will happen and I understand the R:R, so no emotion for me and move on even tho the trade is going toward the TP. XLMUSD - First trade got tagged out for 0.5% profit. Entered the second trade as price completes that HTF continuation correction, and we see a confirmed breakout. SUGAR - Still holding the trade, currently around 4% profit. BTCUSD - Still holding the position, currently around 6% profit. Any questions, comments or feedback feel free to let me know. Thank you Jojo
BITSTAMP:BTCUSD
by jojofang0901
14
S&P 500 Trading the falling wedge pattern with the right contextIn the trade review section, I will explain in detail how to day trade the falling wedge or descending wedge pattern with the right context.  Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 5 Oct 2020 trading session. In this video, I am going to show you the market recap during the last session and trade reviews in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later. Check out my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review. Bias - neutral (Day trading); bullish (long term) Key levels - Resistance: 3380, 3420–3450; Support: 3300–3320, 3200–3230 Potential setup - Look for potential reversal at the key levels. Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
CME_MINI:ES1!
by mingjong
4
How to trade the descending or falling wedge with high win rateCheck out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 28 Sep 2020 trading session. In this video, I am going to show you the market recap during the last session and trade reviews in the three-minutes timeframe (including entry, exit and the rationale behind). In the market recap, I will explain why this falling wedge could possibly mark the temporary bottom of S&P 500 and how to trade the descending or falling wedge pattern with high winning rate. Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later. Check out my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review. Bias - neutral (Day trading); bullish (long term) Key levels - Resistance: 3320, 3360, 3420–3450; Support: 3200–3230, 3280–3300 Potential setup - Look for potential reversal at the key levels. Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
CME_MINI:ES1!Long
by mingjong
S&P 500 how to trade false breakout with high winning rateCheck out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 25 Sep 2020 trading session. In this video, I am going to show you the market recap during the last session and trade reviews in the three-minutes timeframe (including entry, exit and the rationale behind). In the later part of the video, I will elaborate more on how to trade the false breakout with high winning rate and also the current market condition where there are changes going on. Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later. Check out my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review. Bias - neutral (Day trading); bullish (long term) Key levels - Resistance: 3260, 3290–3300, 3320, 3360; Support: 3200–3230 Potential setup - Look for potential reversal at the key levels. Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
CME_MINI:ES1!
by mingjong
🏋️ 10 STEPS HOW TO DRAW TREND LINE IN 5 MINUTES [WRX — WazirX]Hello, have you familiar with 10 steps technic how to draw trend line in 5 minutes?! — I am not 😅 But in this 7 min video I explained how to make Simple TA for any asset using TradingView basic tools to understand where it goes. In this video: 1. How to draw trend line 2. Descending Wedge (Falling Wedge) 3. WazirX WRXBTC coin analysis, entries and targets. Previous WRX analysis and HOW TO MAKE TA in 10 min: Have fun, enjoy your trading This is Artem Crypto
WEducation
by ArtemFuturesTrading
10
Judge the price action momentum - rising wedge pattern and RSIThere are a number of ways to judge the price action momentum. In the previous post, I show you using trend channel as an alternative to up wave or upward thrust to gauge the buying or selling momentum. In this video, I also adopt the same example S&P 500 futures ( CME_MINI:ES1! ) to show you using the popular pattern - rising wedge and RSI indicator to achieve the same objective.  Yet, what I would like to emphasize is to understand the rationale behind the pattern and the indicator, which we can always go back to the first principle to find out, i.e. why a rising wedge is bearish in nature or what bearish divergence in RSI actually means? Once you understand the rationale or the first principle about the price action momentum, you can start trading without memorizing every single pattern or indicator if you prefer.
CME_MINI:ES1!Education
by mingjong
2