Been UP all day lets follow the leader...
After a nice win yesterday, the market fell right back into its range... decisions decisions decisions
Technically we are NEUTRAL with the market in the middle of the range. I want to push it theme somewhat, so we look at a 1-1 risk/reward trade.
Looking to SELL for the day ...
I love to trade just not on Friday.. So I will wait to after lunch and see what the market has revealed
That tricky market.. Decides t make moves when we can't join in.. No problem the music never stops. We will be dancing later in profits. So we do our usual and wait with the patience of a spider... I am looking LONG since there has only been BUYING going on. We will wait for a steep decline, monitor the behavior and then make an assessment of whether a high...
News all morning.. We will stay on the sidelines. Market moved as we thought. Weak Buyers and we still SELLING off of the HIGH's While the news is happening I'll take a binary option trade if there is a high probability opportunity to do so.
Today has been all about the Sell-Off. Big declines on the pound overnight. Let's continue with the current theme. I suspect a Bull rally to climb up to at least 1.2984 maybe 1.2987 .. The market will definitely find some large inventory at 1.3000. This gives us some points of interest to work with. As always market behavior will dictate our trading responses.
GBP/ Looking at the Weak Bullshish behavior...as Buyers struggle to gain control after the Earlier 100 pip rally. Our bias is SHORT however looking to possibly BUY on the strength 1.3030 depending on the price action at the level. As ALWAYS we are flexible in our perspectives of WHAT the market can do. It only takes 1 tick to change a trader's opinion. ...
Early Sunday and we are just peeking at the market. I have 2 areas of Interest. They are price levels 1.3050 region and the 1.3000 price level. At these points we should be able to get a glimpse of WHO actually wants to sell & buy. Before we as retail traders can make any decisions we need to KNOW what the institutional money wants to do. The 1.30 & 1.305 price...
Account and money management in trading This is one of the most important subjects in trading and here is a basic entry level video on money management in trading
The UK economy is good but the politics around Brexit could just have taken over the game. Things aren't looking good for a trade deal so we've had a sherp pullback on the Pound. Will this continue and where will it end up? Watch the 10 minute video to get my take on it. This is not investment advice Steve Nixon Trainer & Mentor
no more words on this one, ben that was an absolute perfcet trade using downthory also like you were studing the downtrend had ended and started to make high higghs and high lows on 1 degree smaller than the head and soulders, those shots you have to take, dont beat yourself up we sarting to win at this but can make money on the sidelines gotta suit up and step on...
observamos como en la estructura de mercado la sigue manteniendo alcista si trazamos las ondas de elliot observamos q esta formando la 5ta onda y trazando un fibonachi encontramos confluencia en el nivel 38
Analysis and live trade of the GBPUSD
gbpusd gbpsud gbpjpy gbpaud gbpcad
FX:GBPUSD Description: GBP/USD shows strong support within DeMarker indicator (DeMarker was used to replace RSI and Slow Stoch) MACD and MACz Vwap shows continuation of the bullish uptrend for hourly and daily chart high time-frames Within opening bell wait for Fractals v9 TUX EMA Scalper and CM_PSAR EM Envelope confirmation for the entry...
Divergence on MACD and RSI tide-up with pattern looking good.