To trade better in market is better to know and understand the 3 Phases of the market
1) The push phase or Impulse....
This phase is when price continues moving in the direction of a current trend
2) The exhaustion phase or Correction
This phase is when price start pulling back in the opposite direction of current trend...
3) sideways moving
This is when price...
This is a short take. I'm showing a 30 min ATR trend line.
Loads of traders know that ' the trend is their friend ', but do they truly exploit it? I don't think so.
There were three main opportunities to exploit this trend. The problem is - now you see it but when it's developing you can't. But at each of two points where price hit the 30 min ATR line, it was...
Gold is likely to see a retest of 1884 area before a roll over targeting 1850. A break above 1884 will make this trade invalid.
DXY (USD Currency Index) has broken above 90.200 with a strong bull run which shows us strength in the USD in the short term at least, potentially moving into the longer term.
This position is an Intra Day - Swing depending on market...
Recent move executed on GBPNZD. An impulsive move upwards breaking structure to form a flag pole followed by a corrective pattern to form a flag.
Always look for multiple confluences to enter your trades. In this case we had the pattern itself at play as well as a potential order block and the 50% fibonacci level. A perfect scaling oppurtunity also presented...
Here we have very simple structure for GJ.
Key levels drawn. A channel has been identified. We are in a clear uptrend in this market.
However, we are expecting a JPY reversal in the near future, so we can look for technical indications about when this reversal may occur, then see if the fundamentals are also pointing in the same direction.
Today I am just highlighting a few trades I placed last week, also i am giving away a lot of hints and tips on how to be a consistently profitable trader.
I hope you enjoy my content, if so please like and follow my channel.
Today i am highlighting the currency pairs that i am looking to trade this week.
I hope you enjoy my content and more importantly take something educational away from it.
If you have any questions please comment below.
Entered on the 5 minute structure, if I could show you I would. it was at 152.060. the main goal is 152.350 however knowing GBPJPY a strong push before London Open usually gets a retrace after London Open. Always take partials when trading, especially the GBPJPY pair, it is very volatile. take 10-20 pips profit then leave the rest to run. So take 90% of the move...
Here i am highlighting an area where we can trade off, i talk about the psychology of the market and how i asses the bias.
I show how i use my order blocks, and what patterns to look for.
Pleas comment below if you have any questions, also can you please like and follow my channel, thanks in advance.
Today i'm highlighting a possible entry on the XAUUSD. On my previous video i showed how we was going to break above the neckline of the double bottom, now we wait for the return move.
I hope you guys and gals enjoy the content and if you have any questions please comment below.