As a trader, I have an ambition (I'm sure that every trader does)! My ambition, is to see the bigger picture and to trade within (operate within) it's guidelines and precepts. It makes me feel like myself, in fact, it makes me see myself as myself; operating in the bigger picture, the bigger environment, the bigger world around us - the bigger world that 'believe...
Those who win at the Forex game are those who are able to build on their case to take a trade, whether it be fibonacci, moving average, patterns etc. The more confluence, the better. This is why it is important to always wait for your confluences to line up before taking a trade. For this particular trade, those who were waiting for the third touch of the upper...
📚 LEARN MORE 💰 EARN MORE With ForecastCity Descending Triangle Definition: A Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high. It is defined by two lines: . A horizontal support line running through valleys. . A Downtrend line drawn through the peaks. The lower highs indicate...
📚 LEARN MORE 💰 EARN MORE With ForecastCity Descending Triangle Definition: An Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high . It is defined by two lines: .A horizontal support line running through valleys. .A Downtrend line drawn through the peaks. The lower highs...
Ascending Triangle Definition: An ascending triangle is a type of triangle chart pattern that occurs when there is a resistance level and a slope of higher lows . It is defined by two lines: . A horizontal resistance line running through peaks. . An uptrend line drawn through the bottoms. The higher lows indicate more buyers are...
This pair has been stuck in a 10 pip range all day. The Banks are probably holding it and waiting for buy orders to fill in! Literally every trader on tradingview is screaming buy!!! IT WILL BE A BUY!!!! BUT NOT BEFORE THEY DROP IT AT THE MARKET OPEN STEALING EVERYONE'S MONEY!!!! ITS NOT THIS EASY FOLKS!! THEY KNOW EVERYONE IS BUYING
Hi Guys, before you watch the video, look at the analysis i have attached below for reference about what i cover in the video. If you have any questions,do drop them in the comments below or message me.
ANY CLOSE UNDER THE SELECTED AREA THIS CHART WILL FAIL
Hi Guys - all my followers and non followers.. I am getting back to releasing weekly episode/episodes of the ' Art of trading Psychology' in the aim of helping traders get in the 'zone' when trading. Mastering trading psychology is by far one of the hardest aspects in trading yet it is also the one that will drive you to you success as a trader if mastered. I...
Sorry guys Gbp news at 2:00am here in the states and 7:00am in Britain is bad! A ton more people asked for government benefits and this news will push gbp down. Then after news u can buy the pullback!!!! I didnt see this earlier! DONT SELL THE NEWS!!!!!! TRADE AFTER THE NEWS IS OVER
There is apossibility (A strong one) that Gbp will move up, but then fall for another retest of support. Then it may hang out at support again stopping out pullback buyers until just after london session starts. And then start the pullback at london session. if i get my entry im keeping my sl tight and taking whatever profits i can. If i see price trying to...
This is a good example of using support to your advantage when trading. If you look at the two highlighted areas at support price created bullish engulfing candles. It was a matter of time before price was going to take off. Finally price slow down giving some consolidation this could be a potential entry for a buy. Been able to secured an overall of 160 pips...
This is Friday's documented trade in GBPNZD. Great Type 1 Breakout with all 4 horseman aligned. Nice easy set-up, execution and Great result.
Another week is coming to an end and we have had some immense volatility across GBP pairs. We have some heavy GBP data this evening AFTER market close which has a high probability at showing if there is going to be a deal in regards to Brexit. With that being said, it is HIGHLY advised to close ALL GBP positions, as the future is unknown and come market open, we...
Dears, please, take care of your position as you can see we can enter when the price become bearish. Good luck
Hello traders, we would like to share some value knowledge, about structure based mostly on Wyckoff schematics. As an example u have marked up few areas identify by us on multiple TF to help u deeper understanding about markets and printed structure itself. Please, scroll left and right chart to see multiple examples of accumulation and distribution schematics....