hree black crows is a phrase used to describe a bearish candlestick pattern that may predict the reversal of an uptrend. Candlestick charts show the day's opening, high, low, and closing prices for a particular security. For stocks moving higher, the candlestick is white or green. 🎯 The three black crows candlestick pattern is considered a relatively reliable...
After an impulsive move, the market tends to enter into a consolidation. This is the zone where buys and sellers fight to win the next move. Of course, whenever sellers and buyers are fighting - liquidity is built. In this example, sellers attempted to sell from the structure only to be stop hunted before the true move to the downside. Likewise, buyers would...
I just want to inform to all traders out there that the price of XAUUSD Gold will be touch $2000 and the price of silver will be up to $20 by the end of 2020. If looking into the history of the gold, long before the price reach $1000, many traders will not expect the price will be going to hit $1583 today. Year 2000 = Price $277 (10 years later) Year 2011=...
Inital consensus as posted earlier was XAUUSD will retest and price will fall short, however price did not follow my entry requirements so I did not enter the short position. Now price has broken the previous resistance zone and is consolidating sideways above it. How I will be entering: - I will be waiting for a candlestick that wicks down to the current zone...
How much should I risk on this trade? The question I get a lot in trading group. When I hear it I ask a question back to that person. How much you can afford to lose? When I enter a trade I always think about how much I will be losing, and can I afford to lose that amount. We are small planctons here and nobody cares about us, so losing one can arrive very...
Hello guys. Personally I am excited as we get closer to FOMC, and I will be trading FOMC event. I will have positions on: DXY USD/JPY GOLD SILVER EUR/USD I will manage to trade this event with High Frequency news trading machine, as HFT is back in da building, and we had a great success trading news with this machine. Last NFP was sweet as well. Since I have a...