I'm probably crazy, Yeah I know What's up folks Brandon here. Today I have some possible sells on NZDCHF, I think sells just make overall sense as none of the data I have taken in builds my confidence in a buy. Furthermore it feels like a buy seems to obvious. I am extremely cautious of when a set up feels obvious. I like to go against the grain, and No that...
Once there is momentum in a market - you can rest assured I'd be lurking lol When I saw gold return with its bullish momentum after all that consolidation, I was like helllssss naahh. I can't leave that alone Thank god I didn't the trade right now is floating at just about 1:3.25 Gold is currently consolidating again either for it's next big push up or to drop...
Simple but effective sells on Eu. Keep it stupid simple Eu was selling, I don't like guessing, so I sold in accordance with the momentum. My entry was based on price stop hunting a level on the lower timeframe. Momentum is the key to make my strategy work. If there is no momentum in the market. My strategy will fail almost every time. This trade went up to 1:4...
So let's try to think about thinks objectively Btc is an asset that has A lot of hype behind it I don't know about you but other than being a trader, I haven't heard (non traders) talking about btc that much in the last few weeks You know what I'm talking about right? Like when your friends on facebook who don't know ish about trading but because they see...
It seems sellers have still fallen for it. Good Morning folks, just woke up to see gold has again crashed through the recent high My buy position is still very much alive and well. ____________________________________________________________________ The Stats Here are the stats so far: -Ultimate Risk Reward - 1:5.53 -Floating Risk Reward - 1:5.24 -Secured...
Sheep vs Wolves Sheep Believe that selling at the highest possible point will be the best potential bet Wolves wait for sheep to slip so that they can eat the sheep The problem with the sheep mentality is, what are you basing the "highest point" on How do you know that this is the highest point? Who told you that it was? What made you believe it is the highest...
Making use of a much wider stop loss due to the accelerated volatility I posted a few minds this morning this exact idea (that gold would buy> 1. (www.tradingview.com) 2. (www.tradingview.com) 3. (www.tradingview.com) Before someone says that I took the trade without explanation > here is your before and after ;) It is better to have a wider stop and still be...
Time is relative, you aren't late, you aren't early. When it comes to trading, you will only know after the fact. So by taking the guess work out of whether or not you are on time and just letting the market do what it has to do, all of sudden you can't be late or early I hope this helps
Good Morning guys, I just not to long ago closed this buy on GBPJPY - I Took the trade yesterday evening and held it (during the Asian session overnight) I just woke up Let me explain why I took this trade These are my confirmations\questions > Question 1 - Was GBPJPY in momentum (bullish or bearish)? Yes, GBPJPY was in bullish Momentum at the time of me...
As per my last analysis on AUDNZD - (www.tradingview.com) I am still actively holding this trade NOW, given the fact that audnzd just struggled to breach this most recent low (purple zone) and decided to pull back upward - made me consider closing but patience If however, it struggles again to breach this low I'd close in profit Why? it is simple really,...
Good Morning guys, have this buy open on AUDNZD - it isn't the best trade and I don't really like trading this pair but there was a set up and I decided to give it a try Let me explain These are my confirmations\questions > Question 1 - Was AUDJNZD in momentum (bullish or bearish)? Yes, AUDNZD is in bearish Momentum currently Question 2 - Who is interested (at...
What's up folks, Just closed my buy on AUDJPY Let me explain These are my confirmations\questions > Question 1 - Was AUDJPY in momentum (bullish or bearish)? Yes, AUDJPY is in bullish Momentum currently Question 2 - Who is interested (at this time)? Buyers are interested at this time Question 3 - Where are their stop losses? Stop losses would have been right...
What's up folks, Currently in a buy on gold Let me explain These are my confirmations\questions > Question 1 - Is gold in momentum (bullish or bearish)? Yes, gold is in bullish Momentum currently Question 2 - Who is interested (at this time)? Buyers are interested at this time Question 3 - Where are their stop losses? Stop losses would have been right below...
What's up folks, Just closed my buy on EURCHF Let me explain These are my confirmations\questions > Question 1 - Was EURCHF in momentum (bullish or bearish)? Yes, EURCHF is in bullish Momentum currently Question 2 - Who is interested (at this time)? Buyers are interested at this time Question 3 - Where are their stop losses? Stop losses would have been right...
Have a trade floating open on EJ currently I'd like to explain why I took this trade I have 5 questions I needed to get answered, they are as follows Question 1 - Is EURJPY in momentum (bullish or bearish)? Question 2 - Who is interested (at this time)? Question 3 - Where are their stop losses? Question 4 - Have those stop losses been taken out? Question 5 -...
Let me explain why I think this -for FOMC on Wednesday I expected a big buy as if the sell wanted to occur it would have (it neither bought or really sold) -the move for FOMC wasn't as aggressive as you would think from a news event (especially the first major one for the year) -(in yellow) this would have been the last high before the current highest high -...
So it appears that my analysis thus far has been pretty correct link to that analysis is here - www.tradingview.com But I'd quickly summarize it for you if you don't want to read the entire thing..Sellers are interested in gold right now, sellers stops would likely be above the blue zone and I was anticipating that the market can spike above there before...
The problem is that gold is a bullish market overall so I understand why you may think it doesn't make sense to continue to sell but let's ask the simple question - if it is so bullish, why isn't it buying? The answer I have come up with which I will be explaining in much more detail further in this post is simple - this market in particular doesn't have enough...