NickPadovani

NickPadovani

So obviously we've entered what appears to be the beginning of a recession. I anticipate we'll find weekly support around the 15-16k range, but who knows. I would imagine that once they find a vaccine for the corona virus, the market optimism will return swiftly. Once we see this dive finish up, we can expect an uptrending market again! Invest and trade wisely...

NickPadovani Updated 

Seeing the structure failures, I believe we're in for a short. To where, I don't know yet, but I have my risk/reward set appropriately. Symbol: EURUSD Starting Balance: $100 Current Balance: $79.40 Position Size: 2646 units Take Profit: 180 Pips ($47.63) Percentage Profit: 60.00% Stop Loss: 15 Pips ($3.97) Percentage Loss: 5% MyFxbook ---> www.myfxbook.com

NickPadovani

Seeing the structure failures, I believe we're in for a short. To where, I don't know yet, but I have my risk/reward set appropriately. Symbol: EURUSD Starting Balance: $100 Current Balance: $79.40 Position Size: 2646 units Take Profit: 180 Pips ($47.63) Percentage Profit: 60.00% Stop Loss: 15 Pips ($3.97) Percentage Loss: 5% Link to MyFxbook: www.myfxbook.com

NickPadovani Updated 

Hi guys, continuing along with the trend from yesterday's trade, I believe we shall see continued long momentum. It's very possible I will get stopped out due to being outside of a structure, but I wholly believe we will have two more bullish days, and we will come close to the target I have in mind. I'm looking to make 35% off of this trade. If I happen to get...

NickPadovani Updated 

Here we have trade 6 in the making. I'm anticipating an upswing here. My target is maybe a bit gratuitous ( I sooner expect us to see resistance at the 1.10656 region), but I will follow my momentum as it comes. Symbol: EURUSD Starting Balance: $100 Current Balance: $68.13 Position Size: 2792 units Take Profit: 146 Pips ($40.76) Percentage Profit: 60.00%...

NickPadovani

Since our last set up (Trade 4), I managed to create set ups that had pinpoint accuracy. Unfortunately, I was only able to catch the first set up, and I ended up missing the second one. Either way, I profited, and I profited with my risk reward in mind. This next set up I'm taking here is arguably a little riskier than the last, as we're approaching the tail end...

NickPadovani Updated 

So with full transparency, I divulge that the last trade did not go very well. I traded it very recklessly with the hopes of price reversing back down (which it has started to do), but I unfortunately did not account for a margin call, which forced me to exit the trade prematurely. I ended up risking far too much (15%), and continued to extend my stop loss against...

NickPadovani Updated 

I was awaiting a bounce of the 200 EMA line on the 15M chart, and here we are. I have entered a short with somewhere over a 4:1 RR with a risk of 15%, because I believe we still have some downside to go. I will ride this trade down until clear reversal signals present themselves. Symbol: EURUSD Starting Balance: $100 Current Balance: $110.07 Position Size:...

NickPadovani Updated 

This is a quick trade I'm taking in anticipation of the Fed rate cut. I'm keeping my RR to 1:1 because I'm not risking too much on this trade. I'm anticipating a larger movement tomorrow possibly, but if not, I think we're positioning ourselves for a larger swing in the next week or two. I have begun to take an interest in coaching people and giving private...

NickPadovani Updated 

Hi all, I haven't posted much as of recent times, so I've decided to start something I'll call the "100 Dollar Challenge", which is pretty basic and I'm sure commonly attempted by many people. The point of this is to show people what you can do with trivial amounts of equity on a live account. This will show that how much equity you have is truly irrelevant, and...

NickPadovani

We're hitting a critical resistance structure, and it looks like a bearish gartley is in the making. I expect a dump to be imminent.

NickPadovani

Set up enclosed in the chart.

NickPadovani Updated 

Trade set up found in the description.

NickPadovani

The DJI (and US Stock Market in general) doesn't look too hot these days. I believe we're en route for a nasty bear market, so be prepared. We've sustained a bullish momentum for far too long, and sentiment is becoming more and more pessimistic. There may be a good bounce at the 23600 level, but it's also very plausible that we may only be met with a temporary...

NickPadovani Updated 

Let's keep it easy here- If the daily closes above 5520, then we can reasonably enter. Otherwise, I would advise staying short.

NickPadovani

Hi all, It's been a while, but I'd like to take a look at LTCUSD. We're currently looking at a critical support, one that was previously established in September/October of last year. I have two expectations here: 1) We find a bounce near $45.50, followed by a potential run up (indicated by the yellow arrows). or 2) We find a bounce near $33.50, followed by...

NickPadovani Updated 

Hi guys, As you can see from a day or so ago, BTC took a pretty nasty dive. After a roughly two week period of uncertainty (as per the orange color coding of my candles), price has broken back into bearish sentiment. Not only that, but price is very snugly sitting within the MAJOR support structure that has existed since the massive momentum of late 2017. That...

NickPadovani Updated 

Looks like we are completing a D wave as we speak. I await entry at the bottom (trade set up enclosed within), and then I will merely ride out wave E. I will see how price reacts afterwards before making further moves.