This is probably one of the last trades for the year
I saw this ranging for the past day or so and i knew something was about to happen
Sure enough it broke big time to the down side
By it doing that triggered a short sale signal
From its current price i am looking for a pullback into the 50 ema
It will either work or it will not either way i will move on...
This was a beautiful; trade today!
My entry was filled this morning and my exit was after the FOMC meeting
My past trades have been losers but i always took the next trade!!!
This is actually a great lesson for new traders
If you have backtested you strategy and you know its profitable then you know how many trades you can take losses on so there fore you...
Alright people when you exit a trade weather its profit or loss always be ready for the next trade .
Now the next trade has to be a part of your rules .
At 4 pm CST i got a signal to go long on EUR/USD
The green vertical line indicated my signal
I drew a fib from low point and high point before the green line
If it goes higher before pulling back i will re...
Well you win some and you lose some .
Been getting stopped out lately but its all a part of the plan .
Win rate is a 62 % but i do not know which ones will win and which ones will lose
On to the next one.....
Alright guys Its 4 am in the morning where im at!!
I just received a signal to go short on EUR/USD
AT 4 am CST is when i got the confirmation to look for a short position
On the 4 hour chart the 4 am candle is the conformation candle that the 10 ema crossed below the 20 ema
Now on the 1 hour chart i am looking for a re tracement back up to the 38.2 fib...
HUGE MOVE in USD/CAD to the down side!!!!!!
With that being said this move it was triggered my signal to go short
On the 4 hour chart the 10 ema crossed below the 20 ema
The red vertical line is my confirmed candle to be looking for a short position
On the 1 hour chart i am looking for a pullback into the 50 ema which is the yellow line
Other than that i...
All guys i am back at it with another trade!!!
This time its EUR/USD
I received a signal at 12pm CST
My signal was a 10 EMA cross above the 20 EMA on the 4 hour chart
On the 1 hour chart i drew a fib from low to high as you can see on the chart
I am looking for a pullback into the 38.2 fib level
If the pair makes a new high i will re adjust my fib level
Well guys and girls he is an example of a missed trade
Approx at 11/29/19 at 7am the pair made a new low, however i was not at mt computer to adjust my fib levels
When this occurred i was actually making money in my other business so i guess its not too bad
Look you will not be able to catch every single trade unless you just do not sleep ( which i do not...
This is my UCAD trade that got filled yesterday
I am currently still in this trade it went against me a little bit but looks like it coming back into my entry.
However i will not try a predict where this will go
they way i think when i trade is the trade will either work or not
Ladies and gentlemen its that...
Just received a Signal at 4pm today to go short
The white horizontal line is my entry point
At 4pm today i got the confirmed signal that the 10 ema crossed below the 20 ema on the 4 hr chart
My 1hr analysis is a fib retracement from the most recent high before the red vertical to the most recent low before the red vertical line
I am waiting for a pull back up...
Around 8pm CST last night i received a signal to be looking for a short position
On the 4 hr chart my short signal is the red vertical line at the 8pm candle
On the 1 hr chart i have that same red vertical line at the 8pm candle
What i am looking/waiting for is a pullback up to the 50 ema after the red vertical line
Cheers to a good week
Trading is a...
Here we go guys another trade!!!!
This time its in EU
At 4 pm CST i received a signal to go long. My Analysis was done on the 4 hr chart
My signal is represented by the green vertical line
Now on the 1 hr chart i drew a fib retracement from most recent low before the green vertical line to the most recent high after the vertical line.
I will wait for a...
Last night around 7Pm CST i finally had some movement in NZD/USD.
Some big news must have been released because the pair shot up and filled my order then blew through me stop loss.
ATTN New traders this is why professional traders use stop losses so your losses do not get out of hand
Anyways do not dwell on your losses they are going to happen
Moving on to...
Here is another trade idea!
Around 8pm last night i received a trade signal to go short on NZD/USD
The vertical line is where i need to be looking for a short trade
I drew a fib from most recent high to most recent low before the vertical line
i am waiting for a retracement back up to the 38.2 fib level
Here is another trade setup in EUR/USD
My previous trade in this pair was a loser . It came within a few pips of my profit but never hit my take profit.
Yes i could have taken profit a few pips below my target but thats not in my rule book
Only follow whats in your rule book and do not change because it will make you think its ok to change your rules.
Well early this morning at 4 am CST i missed this beautiful trade.
As the saying goes you snooze you lose
Instead of getting up at 4 am and checking my charts i choose to sleep in
Oh well moving on to the next one