See the chart for areas where there are some significant Euro liquidity waiting.
Understanding where pending orders (liquidity) is waiting in the market is essential for predicting future price moves.
Watch the levels highlighted closely and look for reversals.
Everything you need to know to make a profit is hidden in the price action you are looking at.
We have entered a Sell on GBPAUD.
This is a clear play on the relative Covid-19 situation in each country. The UK is suffering a clear second wave of the virus with much of the country in local lockdowns with many industries expecting both redundancies & bankrupcies to come over the next few months.
Meanwhile Australia is now coming out of their lockdown, one...
Got a fantastic Risk / Reward opportunity for range bound price action.
If the market starts to bounce within a range from this region then its possible to be very early on this trade and maximise profit, the benefit of this early entry is you can have a very tight stop loss.
Let me know in the comments your thoughts.
Theres a huge disconnect between the financial economy (stock markets) & the real economy (jobs, GDP etc), this disconnect is apparent throughout the world's major economies. These disconnects cannot exist forever, so eventfully either the stock markets in the world will fall to reflect the major unemployment and real economic problems left by the pandemic OR we...
Having correctly called the long position (See Related Idea) I have now changed to a short position.
Might take longer than the bullish move.
Be willing to sit with this trade for some time.
Be smart - Keep your position sizes low.
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Morning Traders - The next in our series of education posts is going to focus solely on Psychology. specifically regarding the psychology of OTHER people in the market. Once you nail this topic its going to give you a huge edge on the market.
Any trader is always looking whether the next few price swings are going to be bullish or are they going to be bearish?...
We are giving out another free trade idea where Oil will be falling over the coming months.
This is a 3 Day chart.
This is a swing position trade
Be willing to hold it for some time.
Dont be silly with your position size.
The chart doesn't line up with the fundamentals in the world economy.
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When I asked my members for topics they would like educational posts about, this one came up. I chose this one as its widely suspected that we COULD see another market crash soon, so its best to know what to look for before it happens.
One key chart you will start seeing react is the VIX. This is the Volatility Index, or sometimes called the Fear Index...
Money flows away from the Yen...
Bounce from the Key level.
Be sensible and don't hold it forever...
Stay safe - Wear a mask.
Arrow for directional purposes only
Like - Comment - FOLLOW. = We love all that stuff.
- Dont be silly with your position size. - Be ready to add positions if you need to -
Like, comment, follow, DONATE?! - All that good stuff will really make me happy.
I had been looking to do a market breakdown this weekend but to be honest, all the opportunities in the market have already been shared in my previous ideas posted.
So instead I am going to share a topic I have spoken to a lot of my followers about recently. The mindset of trading, or should I say investing... because that is really how you need to see it if you...
Good opportunity to buy BT shares at this level - Be aware that the long term chart for BT is bearish so this becomes a risky buy... but I can promise you these are the best prices to buy the stock.
If you have any shares already invested in BT then this is a great opportunity to add to your position and benefit from a better average cost.