About meWe are a day & swing trading community which focuses on educating traders our complete system, which is simple yet effective and then focus on getting your mindset primed so you can win the many battles the market present you with!
Im taking a short-sell position on BTCEUR as I explained in yesterdays educational post (I believe Crypto is due for more losses based on my technical analysis)
What we have here is a wedge (or contraction in my books) leading to the 38.2% of the recent high to low of the swing of price.
Im targetting 123.6% of that move but will be happy to get out even at...
Whats up all! Hope you are having a nice weekend stuck at home! We decided to make a quick little video showing how we use the Donchanin Channels to set support and resistance levels!
In the video we also go over BTCUSD, a possible sell trade and explain more about the mindset required for trading success!
With the indices showing solid signs that they might continue their bullish run and ANF being at solid support I think right now might be one of the best prices to buy into this.
Of-course lower lows could come and the pattern could fail... we cannot decide which setup with be the winner and which the loser.
I didn't add an SL here as I bought the stock on...
A video is coming soon which will help educate you on why we are taking this short on AUDUSD (the trade is found and executed on the 10m CHART)
Just shorted AUDUSD with a potential bearish continuation pattern.
Before we jump on the trade idea here is the actual process based on that PDF above of how we started this day:
I prepared my day...
Im expecting the US30 / DJ30 / Dow Jones to head higher today and maybe even this week.
I believe a strong reversal could be due based on what the charts are showing me right now.
Trump is due to speak today and that could create aggressive market movement but also the massive cash injections by the FED could help support the upside movement!