.LOG For most new traders, the biggest challenge is getting a profitable strategy that works for the long term. Usually, trend-following systems are favored because they tend to have a very good risk-to-reward ratio. Trading the currency market is essentially a numbers game, basically traders look for strategies or systems that have a positive overall...
.LOG Forex basket : 08:58 03-Sep-19 For most new traders, the biggest challenge is getting a profitable strategy that works for the long term. Usually, trend-following systems are favored because they tend to have a very good risk-to-reward ratio. Trading the currency market is essentially a numbers game, basically traders look for strategies or systems that...
More in depth analysis from previous GOLD Chart and other pairs!
Was able to catch a pretty nice move on the NQ100 today and called it a day 21 mins after the market open. Relatively happy with the overall performance. Let me know if you have any questions and if there's a specific topic you'd like to have covered on the next video :) Enjoy the video! You can view the broker statements in the link below: www.mql5.com ...
FX:EURNZD OANDA:EURNZD FOREXCOM:EURNZD FX_IDC:EURNZD Monthly – Bearish bias inside the triangle formation Weekly – Bearish bias with an Evening Doji Star close to 61.8% (Marabuzo resistance at 1.7085) Intraday – Reverse Head and Shoulders forming. We look to buy into dips We look to buy at 1.6860 Stop 1.6800 Target 1.7150 (4:83 reward to risk) The...
We are still looking for opportunities to buy AUDJPY on dips towards 74.85. This video goes through our multi-timeframe setup. Here is our day trade idea for today... Trade Idea Broken out of the channel formation to the upside. There is scope for mild selling at the open but losses should be limited. Bespoke support is located at 74.85. Further upside is...
FX:EURUSD OANDA:EURUSD FOREXCOM:EURUSD SAXO:EURUSD EURUSD - Intraday - We look to Buy at 1.1282 (stop at 1.1242) Inside Soldiers have been posted on the daily chart. Selling posted in Asia. The medium term bias remains bullish. Broken out of the wedge formation to the upside. The formation has a measured move target of 1.1448. The Marabuzo support is...
FX:USDJPY OANDA:USDJPY FOREXCOM:USDJPY SAXO:USDJPY In the immortal words of Salt-N-Pepa ‘Let’s talk about stocks, baby!’ Nothing seems to be able to keep stocks indices down. Trump has sent the war cry as he enters a new election campaign (I have had to scroll back for 5 minutes through only two days of tweets to find it!) ‘ The Trump Economy is setting...
The importance of moving your SL, and refrain from being stubborn and greedy.
FX:EURUSD OANDA:EURUSD FOREXCOM:EURUSD SAXO:EURUSD Why is EURUSD correcting lower after such an impulsive breakout? Firstly, we have nothing in the way of major economic releases or ‘news bombs’ to send the major currency pair in either direction. After an aggressive turnaround in stocks, we have seen the market relatively flat this week as we...
FX:USDCHF OANDA:USDCHF SAXO:USDCHF FX_IDC:USDCHF FOREXCOM:USDCHF The Swiss National Bank left rates unchanged again at -0.75%. Thomas Jordans (Chairman of the SNB) comments were: Risk of renewed upward pressure on the Swiss franc is high, the situation on forex market fragile. It costs more to hedge against Swiss franc appreciation than against its...
We are short already, you can hop on at the market and put stops around 75.70
$EURUSD quick trade idea, wait for the daily close in a couple of hours, then see if the selloff resumes in EU session, hop on it if it does.
If only every single trading day was like this one. 15 minutes in and I was able to call it a day. A very nice follow through right as I entered the trade, the market never looked in the opposite direction. The thing I have to improve on is when I'm scaling out to maybe leave the last portion run a little more instead of setting a "hard target". Hope you...
Would of done this video with voiceover but have ze man flu & sound crokey as hell. WEEKLY back under & failing at major resistance levels. 4 Hour broke briefly above resistance but closed below & confirming resistance with multiple failed tests.
In this video I talk about the potential of a setup in the key resistance area of 1.18 to 1.185 price zone if a bearish candlestick pattern forms in this area. This would off a very nice, with-the-trend, short selling setup.
GBPCHF has broken to the downside on a 3 wave structure on the daily time frame and has done so on the H4 time frame as well. This is an indication of a continuation to the downside. Trading Signal Service: www.greenboxmarkets.com Forex Trading Course: www.greenboxmarkets.com
An inside bar has formed off of a near term support level. Price is consolidating in the long term but in the short term there is some price bullishness. This pattern formed after a small pullback and could set us up for the next leg higher. As soon as price breaks out of the mother candle I will begin moving my mental stop up at logical points and ride this as...