Trade Like A Sniper - Episode 51 - JPYTHB - (25th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing JPYTHB, starting from the 2-Month chart.
If you want to learn more, check out my profile.
Jpy
Trade Like A Sniper - Episode 50 - EURJPY - (21st June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing EURJPY, starting from the 2-Month chart.
If you want to learn more, check out my profile.
Trade Like A Sniper - Episode 10 - EURJPY - (31st May 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing EURJPY, starting from the 6-Month chart.
- R2F
Target Reached! AUDJPY ReviewPrice reversed nicely from the 96.84 level we forecasted and dropped all the way down to the support target.
How did we manage to forecast this setup? Join Desmond as he breaks down the move.
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Strategy development. Samples of my strategies I use. Here is a brief description of some my strategies I use. Im still in the development phases. So please dont blindly follow what I do. Test them to see if they work for you. I dont mind sharing publicly because it helps me too with my psychology and overtrading. I dont want to look like a fool so I try to pick only the clearest setup. Thanks guys.
GBPJPY H4 testing /1000%+ gain data for 1000+ trades since 2007 Hi All
Pleased share some back testing results on the H4 timeframe across some xxxjpy pairs, mainly GBPJPY.
By testing H4 we have access to more data in time, so this video shows testing from 2007 with over 1000+ trades , so a substantial back test in my opinion.
Entry is clear - we just follow the entry on screen
Exit is clear - 3 exit options
- Stop Loss (all of our SL's are dynamic and based from ATR - so we take into account volatility on every trade - you can still risk the same amount!)
- TP3 target based on 1:8 Risk to Reward
or lastly, close and enter on a reverse signal if this happens before the other 2 possible outcomes.
Regards
Darren
Multi Timeframe Analysis - different supply/demand levelsHello all,
this lesson will be about my monthly/weekly, daily, 4h etc. supply/demands critical areas, so you can get a better idea why i use them. After you know the most basic thing about my analysis, we can start with the next baby steps in understanding price direction.
This also goes for all of the structures such as closed triangles, trendlines etc. on the higher timeframes.
I prefer using the term "supply and demands" since it is the correct one in economics. In other words supply and demand can be seen in every single product that is offered in a market.
Sorry for my mistakes, it took me more than 15 recording in order to get this one. Thank you!
Have a great trading week!
The Power of a Momentum MoveNever underestimate the power of a momentum move... either up or down!
Because once the momentum train starts going its very hard to stop it and it will keep going much further than most have anticipated so don't be that trader that try to predict the reversal!
This video explains more!
When you catch a trend, ride it till the end [LIVE TRADING TIPS]Hey whatsup guys!\
Denis here the lead trader at Primedtraders!
In todays lesson I want to go over our idea of trend trading in day & swing trading environment!
DAILY TRADING LESSON
When you catch a trend, ride it till the end
When momentum is on your side and your system agrees with the move (up or down), then by all means ride it till the end (next key level).
Most new traders will jump out of trades before they are finished trending because they are scared the market has gone too far and will take back their paper profits. (i.e. whats happening with GBPJPY right now)
But I have reasons to be in this trade and until those reasons change, im a short-seller of GBP vs JPY.
Here are just some reasons:
On the technical side we have a breakout of a key level and a solid bearish continuation pattern, momentum is down and there are strong reasons it will continue to stay down...
On the JPY side Coronavirus is increasing uncertanity and that makes the JPY a buy as its a safe-heaven asset especially in Asia (where the virus is hitting the hardest)
On the GBP side we have uncertainty with Brexit and how things will work out for the GBP..
Don't get scared by random noise... wait for real confirmations based on the close of each candle.... worst case just let a trailing stop take you out of this trade and don't get back in when you get out!
"The rend is your friend except at the end where it bends. - Ed Seykota"
What on earth happened with the Yen?Loads of /JPY pairs were affected on Thursday and Friday. There's hardly anything I can find on this in mainstream media. It's either the Yen went south or 'everybody' else decided to power up their respective other currencies.
I don't know what exactly happened. If anybody else knows do share with the community.
A Lesson On Reading Risk Profiles (Must Watch)In the following video, Ivan Delgado, Head of Market Research at Global Prime, walks us through the different scenarios that can exist when trading risk.
Ivan simplifies the reading of the environment as a trader one can encounter by combining the price behavior of the SP500, US 30-yr bond yield, US Dollar index, and to a lesser extent, Gold, as it's become more a function of DXY performance.
A must watch for all forex traders, especially those trading risk-sensitive crosses such as JPY, CHF.