In this video I go over some of my trade setup and how i selected these trades using Fibonacci Retracements.In this video I go over my trade recaps. I show how i used trend line to select my
Hi all,Hope you all had a good weekend. Following pairs are on my watch list for this week.AUDUSD Bias - Long
Monthly price action is finding support at .78 fib level.
Price tested the level twice and then broke above the highs to form an Ascending Triangle.
Weekly and Daily supports Monthly price action.ExecutionTest of the bottom
Most new traders fail when it comes to consistent gains. This is because they aim for that one hit wonder trade and forget about the long term plan.Trading is not about that one trade that will make 10:1 results. Successful trading is made out of tons of 1:1 and 2:1 results with a few
Most traders start their trading career as a side hustle while having a full time job. There are pro’s and Con’s to this but by no means is this an obstacle that would hinder your growth.First of all you need to treat trading as a business. Due to the full time income that is
Back test your trading strategyYou might have gotten your trading strategy as part of a paid training course or you might be using a few rules that has worked for you before. In both of these cases or regardless how you came across your strategy it is very important that you have back tested your
I should first mention that as traders we are not trying to win every single trade that we enter.In order to become a master trader you need to understand that trading is a game of probability and should be comfortable with having losing trades. No trading strategy can win all the time. So how can we
Trade alerts for Friday Aug 12 are as follows . Two pairs in my radar :AUDCAD SHORTPrice is has been printing candles with long upper shadows signifying a weakness in the Bullish strength.
Todays candle (Aug 11th) shows strong Bearish strength.
I'm short on a break below today's candle .Entry : 0.99758Stop: 1.01320 USDJPY LONGPrice has retraced
AUDCHFTwo BEARISH Dojis around key Resistance zone.Entry: 0.75001
NZDCAD :Even though price did not reach all the way up to previous resistance , after Wednesday's price action you are safe to consider this as a Double Top reversal pattern.I have entered a Sell Limit order below to be triggered if price breaks Thursdays low with a stop above Wednesday's high.Entry : 0.93266Stop
EURGBP Short .Price has printed a BEARISH engulfing candle at a very key level. As you can see the market has printed a uptrend line over the last 8 - 10 days. However the lack of large solid BULLISH candles shows weakering BULLISH power.Following the minor Green bars over the last 8 - 10