As we head into the FOMC interest rate decision, here are some guiding thoughts when you are trading a major news event.
The 5 rules that guide every successful trader. Do you agree? Any other pointers to add? Leave it in the comments.
Asking about silver investment it would be the safest investment in the next few years were talking about next 5 years almost to know that silver will perform better then others metals since its been a long time that silver was being a sleeping giante and next years we will see silver at lvls we never saw before . invest your dollars in silver and thank me later
AUJPY broke up the descending channel . It has formed a short term uptrend. In order to buy I am waiting a break - retest of the resistance with a TP level close to the most recent solid resistance I spotted. Otherwise, if it breaks the current support zoen and retest it pointing down I will go vice versa. In general BoJ is more dovish while BoA is more...
AUDJPY is pinching and getting tighter which will force a move in either direction. Use the bottom red arrow line as support to hold the price action up. Don't trade bearish until the price breaks below the red support line.
Follow the set up, be a masculine trader, this trade I didn’t take because I can take only 1 a-day and it was in Asia
Don’t worry about missing out, plenty of money are trapped at every session. 1 trade aday may take you 1-3 hour depend if you sit at the screen or not. Don’t stress your self out
Why is this a buyer's market? 1. Moving averages in the past were bought (200MA, 300MA) 2. Everyone is looking at 200MA. This can break down also. 3. Great support at 13-16k if capitulation is not over at 24k levels. -------------------------------------------------------------------------------- Next will analyze RSI to spot rare occasions to DCA...
Shared another idea ft. Nas100, but US30's price action has been smooth, lots of reentries, tight mitigations, low volume distributions and huge volumes at breakouts... loved this week and I'll seek to push those moves lowers through the start of this week. Has a lot of drawings, but overall everything I detailed this week in my charts, even after ZOOM...
Trading day. A difficult one. GLOBALPRIME:GER30 The day started. I woke up a bit too early and lay in bed for the next hour and a bit. Rolled over and had a look at the night's notifications. Nothing important. I opened my laptop. This was the first mistake. A laptop with wifi and a trackpad. Suboptimal. I found my login, successfully logged in and adjusted my...
Risk : Reward 1:16 ____________________________________ A Healthier Approach To Trading In 5 Simple Steps 1. Follow your plan. 2. Focus on Process, not outcomes. 3. Work smart (limit screen time, contingent orders, etc). 4. Worry less, think positive. 5. Exercise and meditate daily. Trade Safe.
We could see a possible push up to 0.7425 Moving Stoploss to breakeven at 0.7225 Manually exiting if price closes below 0.7168 on the 4H timeframe. Risk : Reward 1:8 Trade Safe 🥂
Risk : Reward 1:43 Use Proper Risk management Past Experience DOES NOT Guarantee/Determine Future Outcomes. There are 5 possible outcomes for your trade: 1. Breakeven 2. Small win 3. Small loss 4. Big win 5. Big loss Eliminate #5 and you’ve just taken a big step forward. Trade Safe ✅
Risk : Reward 1:100 Use Proper Risk management. Move SL to breakeven if price goes to 145.44 Trading Success = Edge + Probability + Risk Management. Trade Safe ✅
Risk : Reward 1 : 38 ________________ You'll never regret developing patience in trading. ________________ Trading does not reward your system. It rewards your Mindset. ________________ Trade Safe ✅
Plan your trade. Trade your plan. Keep it simple. 1:24 Trade safe.
The human mind is made to create context if there is an information we need to get the full picture. An example of how your brain is creating information in order for you to understand the context could by reading this text: "I cdnuolt blveiee taht I cluod aulaclty unesdnatnrd waht I was rdgnieg! The phaonmneal pweor of the hmuan mnid aoccdrnig to a rscheearch...
Hi atom/usdt 4h time frame looks beary but we should see that the resistance is broken or its a fakeout it gets effected by bitcoin and anything could happen good day