Mindset is 1 of the most important tools to have in trading... yet most people overlook this... this is why 90% of people fail.
My mindset when i 1st started out trading was terrible, after a couple of lucky wins in a row ( i was just gambling as i didn't know anything about Forex ) i would think i was on top of the world, better than the markets and a clever...
My wife has gone missing and she's taken my wallet... lucky I don't hold cash anymore only Crypto ;p
Marked on the chart we have a lovely zone of resistance that has been used before, so we are expecting bullish movement up to this area and then a bounce and some bearish movement, that's what the technical analysis is telling us.
On the other hand if we break...
Here we have 2 key zones marked out that have been used as strong support and resistance before and WILL be used again.
What we might see here is a slight pullback in price to our lower zone after days of bullish movement before a final push higher to our upper resistance zone.
I'm currently watching Tyson Fury fight, he is going to smash Schwarz... just like me...
Wow look at this chart it is so easy to spot setups... this is the only strategy you will ever need and you will make £1million in just over 2 weeks, so carry on reading!!
All the above is B#llshit if you hadn't guessed already! but this is the type of rubbish so called forex pros will tell a newbie to the markets just to sell his services and believe it or not...
We have been looking at the resistance zone ( red box ) for a couple of weeks now ( if you see our previous USD CAD trade idea ) and we have been waiting for price to retest this level... price has finally done this today so now we are looking for movement down to our support zone ( green box )
Again we are keeping it nice and simple and not trying to fry your...
GOLD is set for big movements. News at 1:30pm is going to be very influential and GOLD as always will be UP and DOWN. Anticipate it to drop first, then re-trace back to previous higher level.
Trade with care.
Simple to understand... no indicators.... no bull#hit.... price bounced recently off a strong support zone and we are expecting it to make a run up to our resistance zone, is that easy enough to understand?
So why do people complicate it with so many technical words? Yes I know the technical terms but I like to make things simple so people understand and can...
We might feel that as the 30min chart is bit weakening in the EURUSD counter part ,it might come down.
It is not the actual case!
The price may bit come down until 1.13200 below to this there is no down as of now possible.
EURUSD has stong up line hence after this point reversal price will quickly jump to reach 1.3500 and 1.3600 level.
First of all the EURJPY pair is in uptrend ,this we should not forget however that is in the Day time period.
The short term view of 30min shows the price will fall down to 122.200 level and then bounce above to touch 123.600
both the levels marked in the chart. have a look.
GBPJPY have come out of the Downtrend Zone .
Volume are gaining the momentum.
SAR become Positive
Price started holding HH after the reversal from LL.
As per the LongBuyLongSellIndicator in the many of the timeframe the price is in postive longside.
Also the trend in up side ,Soon we will get the 138.100 price range as per the chart.
Do your own analysis... if...
Our clients come 1st, this is why we teach them in the simplest form, as you can see from our charts SIMPLE IS BETTER.
We are on a mission to show people how easy trading is if you peel back all the b#llshit and don't let people brain wash you in to thinking any different! Half the crap put on the internet is put up on purpose to confuse people so they fail and...
We have weekly resistance, strong daily trend line and price has been ranging in a zone for the past 7 weeks.
We feel price will break out the zone to the downside and break through the trend line making explosive bearish movement.
This is not a signal and we are not in this trade at the moment, but we will notify our VIP clients once this trade does become valid.
Similar trade setup to my last post, We have a strong TL formed that keeps getting respected and price is at a key level.
So again this is another really good trade to keep your eye on to see if price breaks either our TL or respects it and breaks strong support, a break of either should produce explosive bullish or bearish movement.
This trade is like having a...