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In this video I show you how to properly calculate pip value!
First you need to figure out your Stop Loss in pips.
To do so using the ATR (Average True Range) Indicator Watch my video on "The Best Money Manage Indicator"
After you have...
AUDCAD has trebled its longing for a bottom and has finally made it into bearish territory. However, we await closure below small triangular zone shown for confrimation of further downward bias toward 0.912-ish area. See video analyses for details
AUDCAD for the better part entered into a downward stretch last week largely from disappointment from RBA rate cut signals. However this pair traded with heavy volume into support zone last week and it is our view that consolidation for buy orders should resume. However, this needs to be confirmed above current support zone shown and target will be as per blue...
In this video I update you all on the revisions done to the strategy for the signals, as well as what i'm thinking is going to be the new launch date.
My life is going to be all kinds of cluster this summer dealing with moving and that kind of life stuff so it's an overall good thing the signal service has been postponed anyways.
Stay tuned for...
On the daily time frame the pair formed the ‘Morning star’ pattern. We think that this could become a strong signal to open longs because the pattern appeared next to the support level 0,92000. AUD started correcting up and it is approaching the local trend line. If it breaks this line – we see the potential for the currency to goahead. Also, we recommend to pay...
Premature entry. This trade wasn't ready to pop to the downside. I misread. This is a poor read. An error in reading timeframes and deciding when to enter. My correlation was obviously off and I clearly need to do some more work on letting big 4/60 trades develop more. It looked like it was ready to go. But the STORY was already letting me know it wasn't. Way too...
Got in on this AUD/CAD via corelation. 4hr/60. Precision entry (hopefully). I saw that other pairs were beginning to move. I'm HOPING that this precision entry works, because I bought it at an area that appears to be some support, so it could spike back up for a test. But I'm hoping that it will just drop seeing that it is asian session, I believe Frankfurt is...
Smart Money tricked the retail traders once again. Market created even lows to induce buyers to take positions, then stopped them out. Beautiful. The stop hunt began with the extremely bearish candlestick that swept through the lows, then price rises....Hmm... Seems like Smart Money sold to buy cheaper. The green area where they placed the sell is what we are...
As Promised I told you all I was going to create a new video on how you could trade and manage my signals. So here we go! :)
My Signals & How You COULD Trade Them!
Each signal has the following information
2) Direction (Buy/Sell)
3) Entry Price
4) 3 different Take Profit Targets
5) Stop Loss
Pip Rang - Depending On The Pair
TP 1: 20 -...
I wanted to cover how you COULD manage the trades once your in them. I cover 4 different options or you can come up with your own.
Make It A Great Day, A Profitable Week, & Happy Trading!
~ SpiffyPips ~
Please watch the video to the end! Great things are about to happen!
Jump aboard now and don't miss the train because we are going 100 mph right now! :)
Make it A Great Day, A Profitable Week, & Happy Trading!
~ SpiffyPips ~
Waiting to JUMP THE CREEK off of the order block. Smart Money sold to buy and I am waiting for them to breakeven on the sell to push market up. Spread was WAY too big when the market opened yesterday, so I would like to see price come back to 0.94650 again give or take a few pips. Then we will jump in with the buy and ride it to the previous highs.