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...
Based on our trading system we see further indications that the Cryptocurrency bull market could continue. What we see on the 4H chart of BTCUSD is a possible bullish flag pattern, the RSI indicator is at its lows which could indicate that there is more room for upside and a potential breakout in the new trading week of the blue resistance trendline. Price has...
As the video explains, we believe that there is a decent chance for further bears on the GBP and possibly on the FTSE too. The video also goes over a recap on GBPNZD sell from Friday night that ticked all of our boxes to short. We trade using the RSI indicator, Fibonacci retracement and the Donchain channels. and wrap it all up with price action...
We dont release many of our setups here because we are busy with our community Price at support which lines up with the 30% fib reversal RSI is low and the take profit is at the next resistance. Price lines up with a trendline resistance which can easily break.
In this video I go over 4 powerful trading tips ever trader needs to know! The tips are simple and if followed can generaate success and profits and most importantly longevity in trading! Quickly I also go over my active trade, GBPNZD sell. Anyway, hope you like the video!
We are short on GBPAUD There are many good reasons for that, from price action, lower high, Fibonacci retracement and general candles. The reward over risk is 4.4
Risk management in forex, or any other trading, shouldn't be complex, rather it should be simple enough even for a kid to follow. Our Risk Management approach comes down to 3 basic points, 1. Structured position sizing ( manage your exposure! ) 2. A definite exit area ( always have a stop loss! ) 3. Follow point 1 & 2 like a religion! Hope this helps and good luck!
We made a video about this sell trade, watch it! RSI, Fibonacci retracement, resistance, reversal
We're looking to get into short positions on WTI and US30 (down jones), our system indicates that we could see price action move lower once the levels listed (fibonacci retracement) are reached. Trades can fail, and many times they do, so trade at your own risk, but if we could give you a tip it would be this: Start using structured position sizing, the way we...
XRP, the cryptocurrency, has an excellent change (according to our system) to make a bullish continuation from the current levels! 38.2% rejected already once, we are now back at it again but this time RSI is in the lows!
Im long on XLM after todays drop! I think the ATH can be breached. Its a little late, but since Im looking at these more as swing trades I am trading of the 4H chart, related to this is my earlier long on XRP too. I think we can see a rapid push to the upside, but again, I trade in terms of probabilities and can close a trade at any given time, even tough I...
Tomorrow marks the end of a beautiful trading week! Our watchlist is complied of 6 assets with a few already exacted trades. They are USDCHF BUY EURUSD SELL GBPNZD BUY USDSGD BUY XLMUSD BUY XRPUSD BUY This does not mean in any way that we will be buying all the way or anything else like this.
Ok, so I made 2x videos already about this long setup and the upload gets stuck! Not sure if its my internet or a tradingview problem, so I have to resort to a post. We are long gold /xauusd, we believe money will be leaving BTC and come back to the precious metal, both gold and silvr have strong indications of bulls and we are long since this morning. We might...
This tutorial explains how we take trade entries, its as simple as this! We use a complete trading system that governs every aspect of our trading, from entry to exit. We put high emphasis on position sizing and we only use the Fibonacci retracement to enter trades
Support. 30% fib Trending down during London session Rsi under 30 Contraction Daily Pivot
The bears seem to be in-control of price action... we found this setup just now and we're leaving in over night. There are 3 profit targets, on the 4H price broke a trendline support so im targeting the bottom levels. We're a day trading community generally, rarely do we leave trades over night but this one looks good for it.
The chart speaks for itself, we're long to the daily pivot, which is the 61.8% of this wedge pattern.
We took a short on this forex pair (EURNZD) with the idea that price action could continue the bearish momentum as it has over the last few trading sessions. RSI is up, Price rejected the 38.2% plenty of time. The middle of the DC is around the resistance too which would indicate that the trend "should" remain bearish. Good luck!