This video is for educational purposes, but feel free to enjoy the analysis using ICT Concepts. I had trouble uploading this a couple of days ago, but finally works. Update on the analysis, price came to a Daily SIBI, but the overall directional bias and target should still be intact. - R2F
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...
Holding trades is what I want to get better at and backtesting is going to help me do it. I've backtested NZDCHF today and found that it was a remarkable session. I was able to enter 4 trades in the span of 3 months gaining over what would have been 15% from the trades, but one trade hit my break even point so I gained around 12% from my trades. I used the...
Hi Purpose Traders. In this video, I will be showing you how to set a sell limit and how to move a trade to breakeven. Both of these are vital to being a profitable trader because there may be times you cannot set manual orders due to time or distractions. There will come a time when you in good profit and you don't want to risk giving it back. I pray you find...
Here's a tutorial on my strategy trading the NZDJPY. Currently in a bullish trend and I'm looking for pullbacks and an opportunity to capitalise on each pull back throughout the trend. This is a way we can build our position and continue to take money out of the markets. The strategy is based on trend continuation. Not financial advice.
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...
Do you know what it looks like when you don't have a trade? Let's face it, there are a lot of videos that tells you when to place a trade or how to trade, but not when not to trade and that is what I'm showing you in detail today. I hope you enjoy my mini Ted Talk, I mean mini lesson.
Sometimes we can get so caught up in the fear of missing out on the breakout that we forget it could be a trap. It is always crucial to listen to your intuition when you see these easy setups because more often than not they are more complex than they seem. In this example, a breakout occurred and buyers put stops below the last structure, a few days later this...
High-Beta – AUD, CAD and NZD benefited from rising commodity prices on Tuesday, as markets set aside concerns about the spread of the Delta coronavirus variant. The notable outperformer in the commodities complex was oil prices, with WTI approaching $68 per barrel, up almost $2.50/+3% on the day. Indeed, following today’s strong performance in WTI, TD Securities...
In this video I point out my definitions of what I call an efficient market and an inefficient market and how they take place
No matter your strategy, you are bound to make some losses. But in your losing, lose less than you win. If you lose a trade, gird up yourself; another better trader is around the corner. You only get better with each loss. Practice risk management, and enjoy your losses too. OANDA:NZDJPY
Good Morning traders! Interesting idea today regarding the NZD/JPY pair. This post is aimed to all the trend followers, since it implies a breakout of an interesting ceiling. This pair has been consolidating in the current retracement for more than two months, and we can already begin to see intentions of a breakout in the short term. Why do we say this?...
In this article, I show you my way of working in Forex, starting with the choice of the currency pair, passing through all aspects of the operation (position size, maximum loss, etc.), until the analysis of the currency pair and the strategy to be adopted (entry-level, stop-loss and target). Looking at the table of currency pairs I follow, the one that caught my...
NZDUSD has recently given us the perfect impulse, correct, impulse move, which is probably our favourite pattern to trade. The market moves in waves. There's an impulse wave, followed by a brief period of consolidation/correction where buyers and sellers accumulate their orders. This is often followed by another impulse wave in the same initial direction as the...
NZDUSD has recently given us the perfect impulse, correct, impulse move, which is probably our favourite pattern to trade. The market moves in waves. There's an impulse wave, followed by a brief period of consolidation/correction where buyers and sellers accumulate their orders. This is often followed by another impulse wave in the same initial direction as the...
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...
Hello everyone, If you like the materials in this video, do not forget to support with a like and follow. In this video, we are going to learn how to draw support and resistance in a practical way on NZDCAD Daily timeframe. Hope you will make good use of it! Rich
📚 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...