Think you are the master of discipline? Here's your potential way to make it big trading! Extremely straight forward is this RSI 14 , 30 minute chart strategy. When RSI goes to around 70+ it's time to short and aim for 10-15 pip When RSI goes to around 30 and below , it's time to long and aim for 10-15 pip. You can place your SL with 10 pip lower/higher and...
A quick rundown of my perspective on analysis and also the execution side of trading, specifically money management and how emotions can impact your profitability more than you realise.
Hey Guys! Here's a simple explanation of Price Action Trading! In its very essence, Price Action Trading is about letting price tell you where it's headed in the future. No indicators or fundamental analysis. Just price alone will do. But in order to know what price is telling you, you must first learn "how to read price". Think of this as a language. Just like...
I tried to show you in this example how price was manipulated on a intra-week basis, taking liquidity aka sell stop losses above weekly high and then reverse, to understand why there is manipulation just take a look at the volumes of the candles huge momentum after taking the buy side liquidity. Try to understand the liquidity, if you dont see it you are it.
Wedge Patterns are a type of chart pattern that is formed by converging two trend lines. Wedge patterns can indicate both continuation of the trend as well as reversal. Rising Wedge- On the left upper side of the chart, you can see a rising wedge. Rising wedges usually form during an uptrend and it is denoted by the formation higher highs(HHs) and Higher...
EURUSD detailing Complex "Double Three" with the elements of Irregular corrections. Regards, Team Traders "PowerfulTraders"
Head and shoulders establish! As downtrend in shorterm?
Currently price is consolidating my zone and in the one hour price has formed a double top. How I will be entering: -Upon the next successful bearish candle I will enter on the close
I use Alligator as a dynamic Support/Resistance. I use trendline to confirm the medium term of trend. and its work! :) when the price running below the Alligator, i will hunting the point to make a Sell transaction, i will open Sell when the price make a new Lower Low. and its done, price go down :) Happy Trading All :)
Eur/Usd has no clear direction as of right now but past experience and past knowledge tells us when price is moving up and then enters a area of value or consolidation , many times price will move up, however... this pattern is not leaning down or up! This is a rectange! Price could go either way! We trade the breakout of this area to the upside or downside with...
This is not meant to be a signal or a trade idea! This is a long term analysis of Eur/Usd using a Weekly Time Frame With A Line Chart. So as you can see, Price broke Support and Came back up recently to Retest WEEKLY SUPPORT NOW TURNED RESISTANCE..... This gives me the idea that the EXTREME LONG term bias toward Eur/Usd will definately be down into the next major...
EURUSD Where will it go ?
Hi Swing Analysis according to G.W.T. are the best in predicting next swing direction. Price by its self will show us where need to go. Going from Daily trough H4 down to one-hour chart you can very easy see how clear and simple is to predict direction of the next swing and trend direction. Also pay attention to Momentum – power behind price movements. No...
And there are much more... Targeting 1.17000 1.14000 Better to wait and see if it will be able to break above 1.23600.
EURUSD 4H Bearish Three Black (Red) Crows Please read the explanation Good Luck