Hello traders?
Gold buy or sell at current zone it is very cheapest Question for every trader if gold break the 1930 Area then market goes 100 point down if Gold take the 1930 Area as a support then gold up to 2005 area.
Hey there traders, this is Ahmed from Pro Trading University,
Everything is explained in the chart except the stop loss & targets.
The stop loss goes 10 pips above the previous cycle high.
Initial target comes at previous structure (the bottom of the double top).
And no, the head & shoulder doesn't have to do anything with my entry, I just felt like drawing a man :)
Watch my educational video here: www.youtube.com
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I recorded this video this morning but then I had a suprising career changing opportunity (I got a chance to pitch my self to TDAmeritrae :) And that's why I am uploading this video late in the night. It's 2:00 am right now. I hope you enjoy the video and learn something new.
Please watch this explanatory video : www.youtube.com
In this little educational video you will know my rules for trading the Cypher pattern in a simple and clear way. Then, I will show you two live pending Cyphers on GBPJPY, hourly time frame.
Notice that I didn't go over the targets and stops in this video; I will cover them in a later video.
I will see how...
Bearish Bat @ USDJPY
Last bat @ USDJPY was a looser. Here is where psychology comes into play, you must continue to follow the trade plan even if the last 10 trades were losers.
Does this mean that this trade will be a winner? I have no idea. All I know is that I will keep executing my trade plan no matter what is the outcome I get.
I will do some videos on...
