In this video update, we take a look at AUDNZD as price could be shifting trend. The reason being
the NZDUSD price is sitting at resistance and the AUDUSD price is catching a bid with room to the upside.
This could mean that price could change trend here especially with the AUDNZD price sitting at a key demand zone.
The 4hr chart is showing us a change in trend...
In this educational screencast I answer some of the issues I've been asked about by new traders. I emphasise in that profitability it is not mainly about methodology or indicators. It is about something pretty nebulous and unseen.
This post is compliant with Tradingview's house rules on text based posts.
I'm short on AUDNZD from a higher time frame. The 2H picture is an amazing one that will test many, as there is an amazing level of horizontal resistance.
My personal bias is for the south from a higher time frame. It would be interesting to see what the trading community thinks about this one. Do drop a few lines. :)
Hello Traders,
Again I know this is a boring topic, but its one of the most important topics no one else is talking about.
I'm not ashamed to say as a 8 year successful trader I'm on a demo account right now. That's because I'm learning a new system, a new way of trading.
Demo trading is going to feel like your leaving money on the table, I get that.
But...
Hello Traders,
YES!!!!
YOU NEED A TRADING PLAN!!!
A Trading Plan is what adds structure to our trading day.
It should outline what you are going to do daily, weekly, monthly, quarterly, and annually to meet your goals as a trader.
If you want a place to get a basic trading plan please send me a PM and I'll send over the information to you.
Make It A Great...
We take a look and three znd pair here and of course we have possible head and shoulder formation our bet set up.
happy trading for the coming week
max
OM-forexhelp
If you like what you see, please like and follow me BELOW!
www.tradingview.com
Feel free to leave your opinions on why you AGREE or DISAGREE with my trade analysis! Would love to know your perspectives!
Trading is the hardest way to make easy money.
You can track the progress of the trade by clicking the chart below!
This screencast follows from the previous video where I was stalking the weekly time frame.
I've got the switch on the 4H and I'm trailing with a big stop loss.
This video is not about an instant opportunity for jumping in the markets. I'm sharing how I stalk the markets.
New or novice traders - all too eager to make a fast buck - tend to miss the big issues i.e. that it is about patience, vigilance and planning ahead. The methodology shown is relevant to trend following.
How do we find trends? Well, we need to be...
