Hey Traders,
Setting trading goals is always a fun discussion and something I actually really enjoy talking about. It is possibly one of the most simple tasks with getting started in investing or day trading, yet it is a task that so many get wrong. It's like starting a Sprint race, only you're starting the race facing the other direction. So, today we're going...
Hey Everyone,
A repost to remind newbies of some basic money management fundamentals.
We see too many new traders trade with random lot sizes with no understanding on the impact it has on account sizes, which result in not only losses but BLOWN accounts. This post is by no means a risk or money management strategy but more so just basics on the movement of...
Hey Everyone,
As you all know we generate two types of levels the Goldturn levels (weekly), which we share to all our members and also our VIP intraday levels (daily) for premier. We then use our EMA5 cross and lock to identify targets.
Please see example of our 1H chart setup and how EMA5 cross and lock confirmed the lower targets. We can see EMA5 cross 1769...
They make it look easy, posting lifestyle posts all over your Instagram feed.⠀
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Truth is, that's not real. 😒 Sorry.⠀
With that being said lets break this down into reason you should and shouldn't trade forex.
The reason I'm covering this as a forex idea is I am predominantly a forex trader and made my way to where I am trading forex.
This however does apply...
We've all done it.
At some point in your trading journeys bad habits set in.
Here is my four trading habits you've got to kick in order to stay profitable.
1. Overtrading
We all been there with this one.
We think we have to be in the market all the time.
We don't and its okay to be flat at times.
No strategy should have excessive trade volume.
More time...
There's a great struggle going from profit to loss.
A burst of a bubble, which in it's essence is hope.
But this is false.
The odds are, that your profits were on paper, so how does a loss on paper differ from a profit on paper?
Truth is - It doesn't.
But what it does do is play with your emotion.
Our mind has a tendency of expecting the worst once things...
💥 There are varying concepts, strategies and ideas regarding trading. The primary objective is to stay profitable no matter the kind of strategy you use.
💥 Ironically some traders have this idea that there's one strategy that stands out amongst every other one out there. In my opinion, that's BS.
💥Anything and everything works in the market as long as it is...
Hey Traders so In my last video we discussed what is support and resistance and why it is the most important concept in trading. Today I want to go over of the best tools we can use to find better trades called Fibonacci Retracements.
Enjoy!
Trade Well,
Clifford
Morning traders.
Middle of the trading week all ready!
I thought I'd take this opportunity to discuss a topic we all fear and we all find ourselves in at some point in our trading journey.
That topic being draw down and your account in a loss of starting capital.
The table I have drawn on the chart shows the amount of gain required to get an account back to...
Keep it smart & simple
Let history be a good lesson, keep reviewing and questioning your investing methods.
I mainly use the 50MA and 200 EMA to time my entries and profittaking. Keep it simple and easy, investing like this helps you sleep at night.What to do with profits ? Stablecoins at 8-10% APR.
On my chart, the green marker are points i would take...
My trading philosophy
As each art, trading is also a craft that requires knowledge, skills and discipline. All of these three aspects of every craft form a philosophy that is individual for everyone. You actions, decisions, thinking and idea - birth process will revolve around that philosophy. As practise comes it forms principles and a routine. Being a...
POC or Point of Control is a critical level highlighted by the Volume Profile tool available on TradingView.
It highlights the level at which most volume has been traded: be that buying or selling.
What I look for when using the POC is it matching the midline - found at the exact halfway from the Entry and the Stop Loss of the setup.
On my charts, the midline...
EURCHF – this pair is at risky level, where we have to wait for sell if we get sign
Trend: Sell/neutral
Support/Resistance:
R1: 1.10259
S1: 1.09775
S2: 1.08999
S3: 1.08375
Price action:
Buyers were keep going to break resistance level at ,but sellers showed first push few days ago very strong. If they will push again, then we know the answer, but if the...
Hi everybody and welcome to our first educational post.
Pachamama is the consolidation of a group of experienced traders offering free and paid trading signals for cryptocurrencies. In our signals you will easily see the stop loss and take profit than we consider as main targets. We recommend you to follow this steps to maximise your trades and protect your...
