last night we executed a few trades prior to the New York market close and before we went to sleep, this morning many of those trades were in profit and one trade reached its Stop Loss while the other reached its Take profit. - FTSE SELL / STOP LOSS - XAGUSD SELL / TAKE PROFIT While the other trades, such as AUDUSD and GBPUSE were in a decent profit. Since...
Here's a quick recap of how we shorted XAUUSD this morning at the London open and banked over 10k profit. We traded a reversal in price coming to the 30% of the fib retracement, from the recent high to the recent low, RSI was up at the 70 level and it was all connected with a trendline. This is a classic example of the trade setups we take. Questions are...
A trade recap on me EURCAD position last week! took just under 4% out the market on that! also forecasting whats next to come on; EURCAD GBPUSD CADJPY (liking CADJPY)! check it out - once again let me know if theres anything I could improve on or change in my analysis! Student under Faclon trading guidance.
Hello traders, here is a video where I take you through all of my open positions on forex, you can check the logic behind entry, development of the trade and some results. Let me know what do you trade today and what do you expect in following days. :-) Good trading, John FINEIGHT Team
Hi traders, Market was going down strongly on Thursday, sadly I mistimed some of my trader or didn't take profit when I had the chance. But apart from that I'm telling you why I knew the airlines weren't going down from the open but rather up, despite gapping down significantly. Next time you see a situation like this it can save or even MAKE you...
Hello traders! Today I have got for you another Recently closed trades video. Take a look at some of our recent trades. What was the logic behind entry, what is the trade management and what are the results? Tickers: NASDAQ:TER NYSE:WHR NASDAQ:PODD John FINEIGHT Team
Hello traders! Today I have got for you another Recently closed trades video. Take a look at some of our recent trades. What was the logic behind entry, what is the trade management and what are the results? Tickers: NASDAQ:ALEC NASDAQ:PS NYSE:TEL John FINEIGHT Team
Hello traders! Today I have got for you another Recently closed trades video. Take a look at some of our recent trades. What was the logic behind entry, what is the trade management and what are the results? Tickers: NYSE:BABA NASDAQ:BILI NASDAQ:TTEK John FINEIGHT Team
Hello everyone, I have got here for you some of our recently closed trades on our long-term strategy. Check in the video how we analyzed the markets, what was the logic behind and how the trades developed eventually. Tickers: NASDAQ:MRTX NYSE:AQN NYSE:BGS John FINEIGHT Team
Hi traders, The other day I posted a reverse entry which happened to be a loser as well, but I told you it typically pays off. On Friday I got to prove it when WDC didn't react the way I planned and that got me thinking if the other direction wasn't a better idea... and it was! The Trades: 1) WDC - SHORT @38.73 - terrible fill at the break of 39, in hindsight I...
Hi traders, A slightly negative day on Wednesday which could've been a winner had I held one of my Long trades for long enough. In the video you'll find my reasoning why I left early though and statistically, this was the right decision. Focus on the long run, not on the flashy bragging rights! The Trades: 1) HAL - LONG @10.32, exited earlier as the stock didn't...
Hi traders, Thursday was really boring for me since I'm still on my "recovery" plan I discussed in yesterday's recap. So I only trade the best shots and try to stay green at the end of each day albeit very little. Thursday could be a prime example of this approach. Just one, slow-moving trade that I had to get early from due to massive SPY spike down. Half a...
Hi traders, It looks like I celebrated too early! Not being able to short ICD and one mistake put me back into negative for the week. But that's life! *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the description.* Three trades today: 1) DAL - LONG half position @25.23,...
Recap on a trade a put out yesterday on here didn't get this one, went my way but didn't pull back for my entry into the re test of structure. disappointing when this happens but that's trading
Hi traders, Tom with another recap here. *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the description.* I switched to video recaps so you can see the charts in greater detail. Let me know if you like it! Four trades today: 1) UPS - LONG @95.04, stopped out at 94.27 for a...
Hi traders, Tom with another recap here. *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the graphs.* I hate losing as much as the next guy, but let's be honest, trading comes with losses and as long as you keep them low it's fine! Two trades today: 1) APA - entry LONG @ 6.85...
I am learning how to use volume profile, in addition to learning how to run my analysis. For this particular pair USDJPY, I noticed where price did bounced off of. It acted as a support, and the low volume node bridge is an indicator that price was going to turn around and head back towards a point of control, as well as head towards a value area with higher value.