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...
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
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I have been posting sell idea's for Nzd/Cad and they all were .... "Still in the Resistance Zone" and the analysis still could be correct but I actually entered a sell too early and had to close in loss. I had been entering a sell at resistance and getting lucky because they had been falling for the most part , but this time I got burned. Lots of lessons to be...
NZDCAD – Buyers might go further Trend : Buy/ Neutral Support/Resistance: R2: 0.85569 R1: 0.84961 S1: 0.84298 S2: 0.83689 Price action: Buyers reacted very strong from the last news announcement, but still they have to break R1 level, to prove their dominance. Price might reach first R1, and then we'll see how sellers will react back on lower timeframe....
Dears, please, be the area for sell it is still strong and if you want to sell with the safety you can sell under the area. Good luck.
Dears, Please, follow our instructions as mention on the chart.
Market long term view is looking short, uptrend appears to be done and we should now be looking toward bear market overall in coming years.
I cannot emphasize enough to our traders in our group the Importance of looking on a higher time frame We Always Look @ the weekly chart, where is it i respect to your EMAs and RSIs Look @ the daily chart what is it doing today Plot on the 4 hourly chart for entry There is not enough Information in a 1 hour candle for you to decide whether to enter or not...
Weekly - as we can see NZD has been on a downtrend since November 2016 and has been respecting the descending trendline on separate occasions and on every-time it has reversed heavily. NZDCAD is approaching a key level and double top region, the last price has broken through this area was 11 months ago in march, since then it has been rejected 6 times and we are...
HELLo, WOULD NZDCAD CRASH 400 PIPS IN SHORT PERIOD OF TIME? YES. THIS IS VERY POSSIBLE.
Here is how to properly trade the cup & handle reversal pattern. Details are on the chart. +1 if this helped! Comment if there's something you want to learn Happy Trading!
One of the big issues for many traders is simply patience. In this video I'm showing how one set up could have taken 63 days to deliver around 500 points. What's the rush? Let the charts work for you. Patience and discipline takes time to develop, of course. Do the time. Take the time. Let time work for you. Sometimes a bit of judgement is required. But...
In this viog I spotted a set up and did not plan to trail. So, the money is on the floor and I take it. Greed and FOMO are not the ways to go. I share how I use some indicators and price movement to assess the situation before entry. I trade what I see, not what I hear. :)) The most important things in trading: 1. See 2. Assess 3. Calculate if risk is...
This is my trading plan. You can look through my published ideas to look at other examples. I need 3 reasons to enter a trade. 1. A clear direction. I use 3 emas 50, 100, and 200 as shown in the chart.(Required) 2. A horizontal support/resistance area. (Required) 3. Price retrace to one of the emas to act as resistance. (preferably than fib) 4. Fib continuation...