For educational purposes only:
This year I am leading a solo campaign to bring the fun back into trading, to make trading as stressless as possible.
Well, hello positional trading!
I'm starting with AUDJPY for 2020. This is not the most volatile pair, but hey, steady wins the race!
1. AUDJPY is at a key level, near a weekly trend line.
2. H1 and H4...
After Friday's UK General Election that saw the pound gain strength, I wonder what the market has in store for us this week.
I must admit, my directional bias is looking for sells on GBP pairs. I mean, how much longer can price rise without correcting?
BRING ON THE CORRECTIONS!
With days to go before the Christmas break, I'm looking to get in and get out!...
Knowing when a trade is ready takes a lot of patience.
Sure, it's easier to back test your trades and in hindsight think about what you could have done (But honestly, would you have? No. Me neither.)
I have found that having a set of confirmations that I look for before I enter any trade has really helped me on my journey to consistent profits!
Let's face it,...
Trading 'key zone' to 'key zone' really does take the pressure off of intraday trading.
Come on NZDUSD , let's see what you've got!
Bearish momentum on the M15 makes me inclined to look out for the formation of a reversal pattern. Still, there's a potential for NU to push up to the trendline before selling.
Let see how this plays out.
Happy trading.
You've got this!
For educational purposes only:
Directional bias: SELL
Price is near to a key zone in the market. Just look at how price responded to this zone in the past.
I'm keeping an open mind and anticipating one more push up to the trendline and then a bearish run.
Trading doesn't have to be stressful. Key zone trading is the way to go!
Come on 2020, let me see ya...
