How to trade channels after sharp moves, where there is a valid money flow in the market. During this short video I just described one of very common and useful techniques that is applied for channel trading, which is for this video scalping, but it applies to all time frames. Here you need to get confirmation and be patient for pull back, it is important to...
Trade execution video to show how I approach day trading WS open.
Price reversed strongly from our resistance level to the support level at 22.20. But how did it happen? Join Desmond in today's analysis review to have a quick recap on the elements that led to this strong reversal. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third...
Price bounced off the 1.2683 support we identified and rose nicely to our take profit target at the 1.2832 level. In this review, we touch on why we used the 1.2832 level and not the swing high at 1.2850 - a lot of this is down to trade management and take profit placement. Please be advised that the information presented on TradingView is provided to FXCM...
We live in a dollar matrix, a world we can feel but have trouble understanding. We have learned that things go up over time, but we don't know why. Why do things go up and sometimes also go down. Valuation is a lie detector. We should seek truth. Stocks dont always go straight up. Gold is just scare shiny rock. Dollars are debt instruments and promises for...
Dollar Index standard: DXY en.wikipedia.org Dollar index for emerging markets: QUANDL:FED/JRXWTFO_N_M Dollar index for advanced economies: QUANDL:FED/JRXWTFN_N_M
Here we look at 3 traders, all claiming to have a winning trade with 100 pips - however, with very different % gains on their accounts. The main part of trading is profitability, you can not pay your bills with pips. This explains what you need to focus on and be aware of! Hope it helps, Regards Darren
Potential scenarios for EURUSD: bearish scenario and how to catch it bullish scenario and how to catch it enjoy!
A quick overview of my current position on GBPUSD. Looking at GBP on the whole, I think there is the possibility for more upside and continued momentum. (Here is the code for the basket I use GBPAUD*GBPCAD*GBPCHF*GBPJPY*GBPNZD*GBPUSD*GBPEUR) GBPUSD still looks good to me but it looks like we are about to see a consolidation/correction in the very short...
This is the end of July and #GOLD can start the next month with a bull mommentum, the last week the price slow down but this week we have non-farm payroll so we can expect volatility. Enjoy the video and let me know your thoughts about #GOLD.
In this video we analise the Monthly. Weekly and Daily chart for the week ahead. Enjoy the video and good week for everubody.
My thoughts and trading plan for GBPUSD
The discussion is based on my recent trading plan for EURUSD. How to identify false breaks and avoid traps.
Noob Lectures Lectures for noobs by noobs! Old Chart with Bitcoin & Dollar Index comparison
The US-Dollar got hammered on most pairs in the last day or two. Day traders may have suffered or gained. The US-Dollar index shows what happened. On the Daily time frame US-Dollar is still pretty bullish, so stay tuned on lower time frames.