Popular Today
Popular Today
Popular All Time
Newest

Beyond Technical Analysis

Having a tested technical analysis approach to the market, with clear rules for entry and exit, that gets the odds on your side over a larger number of trades, is important to be successful. But there is more to trading. Understanding how macroeconomics influence markets and the price of assets is beneficial to giving traders an edge. Having the right state of mind to execute trades consistently, without being hindered by emotions or unrealistic expectations is important. A solid trading psychology is needed to make the right decision in every situation.

There is a set of tools needed in order to trade effectively. Not having the right tools could mean failure. Risk management implies identifying trading risks and knowing how to handle them, to prevent deep drawdowns or losing your trading capital. Rules on trade risk and risk / reward can help to maximize profits while minimizing losses. Having a trading plan with checklists, rules and fixed routines supports a trader, because the plan makes it clear what to do in each situation.
DanielPallatina DanielPallatina GBPAUD, 240, Short ,
GBPAUD: GA SHORT
26 1 6
GBPAUD, 240 Short
GA SHORT

Just a look :)

CFI CFI PRO EURUSD, 60, Long ,
EURUSD: trade with more 70% probability. buy@1,1809. stop-loss 1,1779.
18 0 3
EURUSD, 60 Long
trade with more 70% probability. buy@1,1809. stop-loss 1,1779.

buy@1,1809 stop-loss 1,1779

hilsdentrading hilsdentrading UKX, 30, Short ,
UKX: Looking like 7565 is the short term high. Drop down to 7450
4 0 1
UKX, 30 Short
Looking like 7565 is the short term high. Drop down to 7450

FTSE 100 might well have topped out at 7565 recently and is about to start a leg down to the 7450 support area. Dow is about to hit 23k, while the S&P is struggling to break 2560.

AshtonHunt AshtonHunt GBPUSD, 60, Short ,
GBPUSD: GBP/USD H1 Cypher Setup
74 0 3
GBPUSD, 60 Short
GBP/USD H1 Cypher Setup

Nice looking cypher setup for the down side now, I would of like price to test the 618 like my previous post with Euro/Usd but it has formed a bearish pattern inside our zone, Nice gains to be had in this short... Also in the long and then the short again! All should offer a minimum of 3-1 RR.

forexhub_ forexhub_ NZDUSD, D, Short ,
NZDUSD: NZDUSD Short
37 0 4
NZDUSD, D Short
NZDUSD Short

Overall Downtrend A few confluences but we could see a drop before continuing upwards. Many support/resistance levels.

CyrusTrafford CyrusTrafford USOIL, 120,
USOIL: Two possible paths for WTI this week
24 0 4
USOIL, 120
Two possible paths for WTI this week

As per my chart, we are either on W3 or have completed W3 and are on W4 and we will be re-testing they Key Point of Control Range of 50.90 - 51.09 again. Now the escalating Kirkuk situation should give us support at this Key Point of Control Range to form W5 and take us to test the previous high of 52.80. Now that said, with Rollover on the 20th we are going to ...

Tickmill Tickmill PRO DXY, 240, Short ,
DXY: Dollar has no grounds to rise. At all.
29 0 1
DXY, 240 Short
Dollar has no grounds to rise. At all.

September FED meeting US fixed income and stock markets are preparing to lose cushion as Fed may announce the onset of balance-sheet cut at the meeting on Wednesday. Termination of reinvestment policy and a smooth shedding of securities means a complete switching off of the "rescue mode” which has been regulator’s state for about a decade. The market practically ...

Sagefx Sagefx DXY, D, Short ,
DXY: Dollar index daily tf - bearish setup
16 0 1
DXY, D Short
Dollar index daily tf - bearish setup

Dollar index broke a key monthly support level last month and is currently trading below this monthly resistance on bigger timeframes. In this setup, I see a bearish pull back on the daily time frame and a good time to buy other currencies and gold as they are all on their pull backs as well technically.

forexhub_ forexhub_ USDJPY, D, Short ,
USDJPY: USDJPY Short
30 0 2
USDJPY, D Short
USDJPY Short

H&S Formation US data backed downtrend Rejected off downwards trendline Testing Major Support/Resistance level Once broken further downtrend towards target is very likely.

chris_naykene chris_naykene GBPAUD, D,
GBPAUD: GBP/AUD
21 0 2
GBPAUD, D
GBP/AUD

A break below the neckline could see this pair dropping to 1.62000.

AshtonHunt AshtonHunt EURUSD, 60, Short ,
EURUSD: Bearish leg of a cypher pattern
87 0 2
EURUSD, 60 Short
Bearish leg of a cypher pattern

Nice opportunity for the short side if the B to C leg completes just closed below the 618 fib line its also broke a lower close low candle, could see a nice risk reward on this I've got 1:5 risk reward on this trade I will also be looking for the long side after (if) the C leg reverses in the zone and then I would look to target the C-D completion.

sideshowbull sideshowbull BTCUSD, D, Long ,
BTCUSD: #BITCOIN
48 0 2
BTCUSD, D Long
#BITCOIN

New highs and break of formation. Not sure how charts work in the crypto world , however if they do £7k coming. In my own opinion. I hold Bitcoin, EThereum and now BITINDIA tokens so please take my views as corrupted. No advice intended.

AndrewSilver AndrewSilver BTCUSD, M,
BTCUSD: Time zone fib on bitcoin bubble?
41 0 2
BTCUSD, M
Time zone fib on bitcoin bubble?

I'd feel a lot happy about bitcoin after Dec 1st or at least Nov 1st according to fib timezone. I will be watching bitcoin gold for a pump, btc for a dump with altcoins seeing most of the action.

forexhub_ forexhub_ NZDJPY, D,
NZDJPY: NZDJPY Patience will tell us whether it is a up or down
10 0 2
NZDJPY, D
NZDJPY Patience will tell us whether it is a up or down

Forming triangle uptrend if broken upwards and retested them target at next support/resistance level should be achieved if trend line is broken downwards and is retested then we can expect new downtrend and reversal of movement of the market

EURUSD: Waiting For Double Top To Complete For Shorts
24 0 3
EURUSD, D
Waiting For Double Top To Complete For Shorts

https://s3.amazonaws.com/tradingview/snapshots/c/cuuQwzIi.png So I'm expecting EURUSD to fall to 1.18040 zone before heading back up to 1.18725 zone which aligns with the descending triangle and double top formation and the new downtrend line proceeding the head and shoulder pattern, this also aligns with the possible shoulder being completed... So long story ...

forexhub_ forexhub_ GBPUSD, 240, Long ,
GBPUSD: GBPUSD Long
21 0 2
GBPUSD, 240 Long
GBPUSD Long

Possible long to test support/resistance and then a possible uptrend is resistance line is broken.

forexhub_ forexhub_ GBPUSD, 240, Long ,
GBPUSD: GBPUSD Long
18 0 2
GBPUSD, 240 Long
GBPUSD Long

Possible long to the next support/resistance line.

chris_naykene chris_naykene EURUSD, D, Short ,
EURUSD: EUR/USD
70 0 3
EURUSD, D Short
EUR/USD

Price retraced to short term resistance which also confluences with 50% - 61.8% fib level, bearish engulfing formed and it was boosted by positive US PPI data. I entered short, targeting the weekly head and shoulders neckline. And a second trade targeting previous long term resistance.

Show More Ideas 123456...15
United Kingdom
United States
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out
Browse