Wayne_G

03:10

Wayne_G

Hi Fellow Traders The greatest tool in your arsenal is your Risk/ Reward rules when evaluating the potential expencency and outcome of each scenario. By using this to protect your account it may help you to survive long enough to be profitable. Risk/ reward is quite simple. If I risk $1 on a trade, I need to make on average $1.50 to be profitable. In other words,...

05:58

Wayne_G Updated 

Hi There Bitcoin was rejected from the previous high level of above 38000. It has broken the uptrend and looks set to retrace to the short side. Hope you like the idea. Regards Wayne G

02:56

Wayne_G Updated 

DJI look like it may move sharply downwards today continuing the downward trend towards testing the low of 29 Feb at 29856. Trade Idea: Short between 30500 and 60600 Tp from 30350 - 30285 SL around 30750

06:43

Wayne_G Updated 

Bitcoin opened around 35500 this morning and rallied in early morning trade leading up to the European Open achieving a new daily high of 36871 it retested that high about two hours later and since then we retraced all the way back to close to this morning's open, I'm seeing a juicy long trade opportunity as it goes back to retest the intraday highs in the next...

04:35

Wayne_G Updated 

News this morning out on CNN that Reddit mania is now focussed on Silver. This is an ambitious move as playing with silver is a dangerous game. The reason being that it's a global market, with powerful players, with deep pockets. Having said that, it will be interesting to see a global mobilization of Reddit and other activist trading groups and if they are able...