BTC/USD, XRP/USD, ETH/USD, BCH/USD, EOS/USD, LTC/USD
DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Approaching the main bear trendline. Potential huge short opportunity however we will be watching price action on the lower time frames for entry confirmation
No Fomo Allowed, Patience always wins
Plan your trade and trade your plan
Waiting for a pullback to trend line and structure, using the fib for stop loss levels
Swinging the pullback
Great Risk Reward trade. Counter trendline break, retest to 78 fib
Might not make a new lower low but the key level of 1650 should cause a bounce at least.
Pros. 78fib. resistance, key level
cons, counter trend line broke, price action is bullish
Inner trend line broken either as a fake out to continue down, or we start to move up to the outer trend line. We will look at price action on the lower time frames for entries.
2 scenarios. Plan your trade and trade your plan
Potential 300 pip move down. if stopped out. wait for pullback to trend line with M pattern flag and fib level before going long
1Hr time frame. counter trend line broke, waiting for pullback to retest before we continue lower
Its Proccess over Profits!
It doesn't matter if you right or wrong, what matters is how much you loose when you wrong and how much you make when you right!
Max 3 entries. Risk To reward is vital.
Max 3 entries 5% risk combined. move SL at each TP
Small time frame scalp entry for a longer swing trade
Max 5% Risk split into 3 entries
Use Risk Management