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Featured in our Trading Club, 4th July
Our checklist provides a systematic process that fellow hedge fund managers and traders employ to analyse markets, from which the biggest trading decisions are made. We use similar versions to analyse major currencies, stock markets and...
Hello traders!
Hope everyone is having a profitable week.
I have published my idea few months ago about how the bulls were returning to euraud. After the simple 3 signs that this pair has gave me, I started trading with the trend and went long!
Total Profit: $4878.83
Trading Diary: goo.gl/WOi6yU
Please like and comment for more of my educational...
One of the strongest setups are the ones that are being formed by the dual time frame momentum. By using multiple time frames you will be able to create a high probability setup. Key rule is: Large/High time frame for trend and Small/Low time frame for your entry. Personally I mostly I like to hold short term positions, so I use the daily time frame for the trend...
The line graph is EUR/USD & Candles USD/CHF
This is a common pair that traders say is inversely correlated...
Is there correlation between economies? Is it because of USD's part?
Will correlation make you the good R/R trades or structure?
Is there a way to trade the correlation (if any) effectively?
Draw your own conclusions & have a good weekend!
Drawdowns on your account are part of trading but if you establish a trading plan then it will enable you to survive these losses and not wipe out your account.
Just a small research I made. Haven´t applied any advanced methodics though, just a simple comparison.
1. DXY and S&P move together on bullish times which means there is a strong demand on US Dollar to make profit from raising american market. The profit is double: growth of the stocks index and a convertion back from the USD to your own currency which, by that...
There are so many reasons why 90% of retail traders fail. One of the main reasons is because retail traders over trade. They fear missing an opportunity and because of this they think there is always an opportunity when in reality there isn't. As traders, it is our job to find high probable setups. Probable setups are limited though... so you need to have...
STAGE 1:
THE BULLISH IMPULSE LEG
A bullish impulse leg is a strong move in price action to the upside.
The impulse leg can be a mixture of bullish and bearish candles, but must have a bullish overall direction.
The start of the impulse leg should be marked as X and the top of the impulse leg should be marked as A.
STAGE 2:
B LEG RETRACEMENT
Now that...
Friends,
A with lessons and demonstrations offered over the past 24 hours (See $USDTRY, $NZDJPY, ... etc), here is another pair worth looking into, not so much from the perspective of a pending geometric completion, but as an example of developing a contingency plan.
Here, we are contemplating a short (green scare representing a conservative, prudent...
What is the Bund?
The Bund is the German 10-Year Treasury bill, also known as a government bond. A holder of a bond is a creditor, and the issuer of a bond is called a borrower or debtor. When the price of the Bund increases, the yield received on that bond decreases and vice versa.
What is the relationship between Bund and EURUSD? Why is this relationship...
Here on the GBPUSD im getting closer to my short orders being filled and the butterfly pattern completing. stops for me go just above the 1.414 ext and target is the .382 retrace of the A to D-leg.
Butterfly rules:
1= Atleast a .786 retrace of the X to A- leg but cannot break X.
2= Atleast a .382 retrace of the A to B-leg and can go past .382 just cannot break...
I hope it helps those like me who have trouble finding the balance in analyzing these ratios.
This ratios are mostly suggested from tradeempowered professionals. (at least supposed)
USD/JPY - H1 - 2618 Trade Explained
Having had a double top and now approaching a retracement back into the 61.8% Fib level, we can now look for reasons to short the USD.
Unlike patterns we can't just place BUY or SELL orders in advanced.
Once we have completed the rules of engagement below, we are looking for confluence within a certain area that all...
It's not a trading idea, more of a a history lesson :-)
Today while browsing the web I stumbled upon a well known story how Soros and his friends heavily shorted the Pound in 1992 and forced the government into surrender, pocketing more than a billion USD of gains. For the British Pound, this can largely be viewed as a black swan event - however, if we look at...
