I love writing those articles on my Blog, mainly because I learn from reviewing my trades & secondary for the value it gives back to the trading community.
I been preaching Trading is simple but not easy. It is based on following a winning trade plan. & how do you find such a plan? Try & fail, Try & succeed there is no other way. There is the possibility of a...
In this Knowledge Nugget, I have explained logic behind my own trade in "IZMO" which rallied 50% + from its swing low in just days. I am found of entering such stocks for one round of buying at support level with my own set up logic.
This is for educational purpose & please do not copy this trade without understanding risk & position sizing.
This is a follow up analysis for the GBPUSD. what we saw last week from the technical perspective was price going up to fill up liquidity before heading down. fundamentally, the news impact from the US and earlier raised interest rates from UK Caused lots of mixed sentiments and reaction
in the market.
If price breaks the demand zone below, we can expect the...
Hi traders!
Ethereum has made new all-time high. It’s good news, but we are sure it is able to cost much more. Some reasons make us understand that ETH is one of the most important coins of future. The algorithms of ETH are strong and safe. Moreover, they are being updated very often.
The last update has changed the ETH in the root. The consensus PoW...
Hi traders!
All of us were a bit shocked by the BTC price action. Frankly speaking, we didn’t expect such rapid price fall. Nevertheless, we find it kinda normal. Come on, it’s crypto! Any trader should be ready for the worst, you know. But, if we tell you that this price action is kinda normal thing and we have already seen such fells in past?
As you know,...
Hi, traders!
Today we gonna speak about the potential scenario of Bitcoin.
Have a look at the plot. As you see, the price has built triangle pattern. Price consolidates near 0.618 (60125$) Fibonacci level. Moreover, it has found support on this level. It’s very powerful signal of bears’ weakness. That’s why we have two scenarios. Let’s talk about them.
BINANCE:SXPUSDT
Hello everyone 😃
SXP has been formed a bullish flag here, Also SXP had a breakout from resistance zone and bearish trendline.
Now we expect a bullish breakout from flag and upward movement to higher resistances.
By the way EMAs had a bullish crossover !
🔴 Below resistance zone will invalidate the movement.
Attention: this isn't financial...
BINANCE:ETHUSDT
Hello everyone 😃
ETH had a retest on Supply zone ( ETH did this Retest for 2nd time ! ).
ETH is moving into Bearish Wedge, But it's to early to consider it as Bearish phase.
Now ETH have more space on Funding Rate and makes it more Bullish than Before !!
🔴 As ETH is Above 900$, target is 1350$ or more...
Attention : this is not a financial...
BINANCE:BTCUSDT
Hello everyone 😃
BTC had a retest on last Daily close Because of High Funding Rate, Now BTC is pulling back to ATH resistance.
🔴 We are facing High volume of Volatility more than Before...
📍 Last Master Candle had signs of Bullish movement, So for now We are safe in Bull Run.
Attention : this is not a financial advise we just try to help...
BINANCE:ADAUSDT
Hello everyone 😃
ADA has broken 0.25$ resistance zone and now it's moving to ATH resistances.
For now we expect a retest on lower support line which is near to Ichimoku cloud and EMA 50 support line.
Main Target is 0.32$ above it we will take another long to ATH.
🔴 Below 0.23$ will change Direction. Whole market is in Over Bought zone......
Looking at the 4 Hour timeframe It is clear that we are in the middle of this downtrend channel and BTC is obviously following it, this channel has a top and it has a bottom, you can see that we are at the bottom right now and we are looking to close the third candle under the 200MA which is not good. Nothing here says that we are going up, volume is also going...
Hey Guys, you have seen my posts here for awhile. I just did an interview with Apiary Fund this past Wednesday, which was well received, so I figured I would post the link here:
www.youtube.com
Apiary fund is an Awesome opportunity for traders to learn and then trade the fund's money after you qualify, If you would like more information, either shoot me a...
Trade Identification
How many times have you "Missed" a trade. Once traders have a trading plan, they spend their time looking for set-ups. I would urge to take the next step which is Trade identification. I am not talking about clicking on a chart and seeing if your set-up is there. You want to be able to look and a chart and project what it can do and...
BACK TESTING CONT.:
Picking up from my last Educational post, Segment A...
Pip Potential (PP) is a key component for me as it allows me to statistically determine how far a trade will run. In all my trades, I want, at the very least, a 3-1 risk to reward ratio (RRR). Basically I want to make $3 for every $1 I risk. Please understand and, this is very important...
BACK TESTING:
Some traders find it helpful other do not.
Back-testing is, imho, the most critical part of trading
Back-testing the proper way, although arduous, provides incredibly valuable data. It is the Ditch digging of trading but well worth it.
I have come to embrace back testing and reviewing my trades religiously and in this day and age of automation,...
I was thinking to hold out until 115.850, however right now the charts are speaking to me.
So, I have opene a large position SHORT and will aim to hold for a full 4.5% profit within 22 Days.
GL to all of you.
Still got tickets to the moon? Awesome because we are going there.
We saw a EUR based holiday today enabling this price to simmer down some, but with a strong pattern hold and great reports to come my opinion is of a LONG position making big profit here.
Personally LONG from 113 and with a TP at 114.7
Good luck ;)
