Teaching My Son How To Trade USDJPYIt's such an amazing joy that my son wants to learn how to trade. He sat by me this morning said, " mom I see higher highs and higher lows." We conversed a bit and this is our conversation from this morning.
I am a forex mom who loves trading. I love my children more. This is a skill that I'm grateful to pass down to them. I pray you do the same.
Currencytrading
EURUSD, buyers starting to set up a new continuation? Welcome to Thursday's update. So far today, we have been watching the EURUSD as buyers have started to fight back after some demand crept in yesterday.
We are watching the current price to see if a new continuation can confirm on the 4H chart as price continues to sit on its new fast uptrend. We can see the latest trend forming after buyer's first leg higher broke the last downtrend, but we still need to see price confirm with a new push higher from this point.
We would like to see a test of 1.0250 resistance, and a break of that level could confirm that we have a new trend underway. The ECB meets later today, and rates are expected to increase by 25 basis points. This is a special occasion as rates have not moved in the EU for some time now. Attention will always be on the statement and if there are hints of more to come. Will this give the EUR a short-term boost?
We want to see price continue to trade firm until the decision. If we see a break of the current trend or a move below 1.0155 this could be a bad sign for buyers on the short term.
Ensure you tune in for today's ECB meeting at 8:15 am EST. Enjoy the rest of you your day and good trading.
4 Hour Short Sell Completed on AUDUSDHi Purpose traders! I'd like to give shoutouts to my clients when they take amazing trades. Today, I am highlighting Jacobi who took a beautiful sell on AUDUSD the beginning of this week and it reached profit yesterday.
She used my TMP strategy that led her to saying yes to the trade.
All she needed to know was what was the trend, where she wanted to enter the trade, exit the trade, and that's it!
Congrats to you Jacobi, and anyone else who entered the trade.
Have questions? Comment them below and let's chat.
Stop Chasing Reversals | Wait For This SignalIf you have a hard time spotting reversals it's because you've yet to be taught how to see them. It has nothing to do with structure, but the exchange rate itself. In this video, I will share with you how I help my clients spot reversals and the next step we use to find where price can go next.
New Highs For The Dollar New Lows EUROThe dollar has made new highs while EURUSD has made new lows. This means it's time to adjust and analyze the next trade setup. In this video, I am sharing who I'm quickly updating my eyes to trade EURUSD.
Remember, I'll be live here on Tradingview today at 12:00 pm EST to uncover the 3 Steps to Making Price Action Trading Easier. See you soon.
Setting Pending Orders and Breakeven TradesHi 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 value in this video and if you do like the video.
4 Steps To Become A Confident TraderIf you lack confidence in ability as a trader I am here to encourage you. Being a forex trader can be hard, but when you learn the steps it takes to become confident in your abilities it can become more simple. In this video, I am going to give you the 4 steps I give to my clients who work with me for 6 weeks in our 1 on 1 sessions.
I'd love to know if you've been struggling in this area and what questions you may have to help you overcome your struggles. Write them below and let's chat.
The Next Big Move For Euro and DollarHey Purpose traders. Did you know the Euro and Dollar are negatively correlated currency pairs in the market. What this means is the EURUSD moves opposite of the dollar index (ticker symbol DXY).
In this video, I will show you the supply and demand technicals behind the currency pair and index. Please understand this is not a signal, but an educational video. If a trade can be taken, please use your own knowledge and trade at your own risk.
Pending Orders Changed The Way I TradeIf you feel like you're missing trades due to a busy work schedule or because you're afraid to hit the button when a great trading opportunity comes along, pending orders may be the thing you need.
In this video, I will teach you the difference between market orders vs. pending orders.
Thank you for watching the video and comment below your thoughts. I'd love to read them ( please be kind and happy trading).
Bitcoin: Liquidity and Order blocks!This is an educational post! I have tried to combine the concept of liquidity with that of supply and demand to show you one of the most efficient trade setups in financial markets!
You basically have a descending trendline in 30m chart of bitcoin! Price reaches a confluence area in higher time frame analysis (let's not be concerned about that now) then it jumps a bit to create a range! We know range bounds are liquidity nests!
So price first grabs the upper range liquidity, breaking the market structure at the same time and hence confirming the long bias! Then it comes down to the demand zone, grabbing the lower range liquidity at the same time and then boom! It goes to the target!
How To Analyze Charts On The Monthly, Weekly, and Daily TFOOH multiple timeframes analysis can be hard for beginner traders. It took me a few years to understand how to pair the right timeframes together and what to plot on my each timeframe to help me find my entry.
In this video, I am sharing a trade idea on CADCHF. It's just an idea until I receive my entry, but it can be a good setup if it works well. You'll get to view how I am analyzing the monthly, weekly, and daily timeframe to find my entry price.
I pray you have a safe trading week and if you have questions or comments please share them in the comment section below.
How To Trade USDJPY & EURJPY| Detailed AnalysisThe Japanese Yen pairs are one of my quote pairs to swing trade. USDJPY and EURJPY tend to move the same from time to time because they share the Japanese Yen Currency.
In this video, I'm sharing my view of the analysis step by step. So, take your pen and pencil, well mouse and keyboard out and let's analyze the pairs.
A Quick Trade Setup On AUDUSD CompletedAUDUSD was a great setup. I won't be taking as many of these in the future after this week so I'm enjoying these 4 hour setups while I can. I'm going back to my roots as a long term swing trader who holds trades between a week to a few months.
It's more relaxing to me and improves my mental health. Remember, to do what you love and not what everyone expects you to do!!!
How To Catch 100's Of Pips Swing TradingIf you struggle catching 100 pip moves all hope is not lost. It just takes a bit of tweaking the right strategy to find great longterm moves. In this video I will be sharing with you 3 tips on how you can become a swing trader who can catch massive moves with the stress of day trading.
Let me know what you think by leaving your thoughts below.
I Got Stopped Out Of This Trade. Here's What I'm Doing Next.Hey Purpose trades. I was stopped out of one of my recent trades. I followed my rules to the T as I always do, but price wanted to go the opposite way. In this video I am showing you what I'm doing next.
Have questions or comments? Leave them in the comment section below.
Updating Recent JPY and AUD Swing TradesThe Japanese Yen and Australian dollar currency pairs have moved greatly recently. While I may not be in all of the trades I can be transparent about my recent mistakes and lessons learned trading them and how I plan to trade the AUD pairs.
Watch this video to see my full before analysis on these pairs.
Trading the eur v usd todayAfter watching, please feel free to click the like and follow button. This will allow you to see more detailed daily analysis and Trading videos.
In this video we are going to look at the eur/usd currency pair after the Fed meeting yesterday.
After taking this pair long on the huge falls we exited at early long targets. As we approach new short zones based on tech analysis we can look for short side entries lightly.
We also can look and plan out further longs after moves to the downside and why we are taking them.
NZDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.