Getting a Good Deal..When Trading any Market it is your job to attain value.
Just like any other business that exists in the world you must be Buying for less and selling for more or selling for more and buying for less. It's 6 and 2 3s.
Trading online with a computer is no different. Your job is to structure your capital so that you can consistently attain this value and Trade WITHIN the capabilites of your equity. This means Trading small and gaining market value over time.
In this video we will look more about Where we can buy and sell and basic principles that some fail to grasp so easily..
Fxtrading
USDCHF: Trading Plan Explained 🇺🇸🇨🇭
Hey traders,
I spotted a completed inverted head and shoulders pattern on USDCHF on 1H time frame.
0.9442 - 0.9448 is its horizontal neckline.
To trade this pattern, wait for a bullish breakout of its horizontal neckline (we need an hourly candle close above that to confirm the breakout).
Then, buy aggressively or on a retest.
Goals will be 0.9488 / 0.9523
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
XAUUSD H4 - Short SignalXAUUSD H4 - May look a little bit messy on the face of things, but from swing low data 03/11 up towards swing high dated 16/11, we have started to correct, TP seen from recent analysis yesterday before then climbing higher, but this falls short of our 382, we have since seen a pullback to our H4 break and retest zone (that we have yet to have). From current price, if we see a bounce off DXY support (105 ish) we could see XAU fall further downside towards our 618 target price of $1680. Concerns over this on a fundamental front based on recent headline "The Fed concluded it will "soon be appropriate" to reduce the pace of rate increases, minutes of the November meeting showed. At the same time, some officials noted that the peak rate will be "somewhat higher" than previously expected.". But on a technical front it looks attractive, lets see how the dollar support holds, this may be an opportunity if resistance holds here and DXY D1 support holds.
USDJPY: Key Levels to Watch 🇺🇸🇯🇵
Here is my latest structure analysis for USDJPY:
Resistance 1: 140.37 - 142.47 area
Resistance 2: 145.1 - 145.6 area
Resistance 3: 148.3 - 148.9 area
Resistance 4: 151.34 - 151.92 area
Support 1: 137.48 - 138.0 area
Support 2: 135.16 - 136.45 area
Support 3: 130.38 - 131.75 area
The price is currently stuck between Resistance 1 and Support 1.
The future direction of the market will be determined by a breakout of one of these structures.
Alternatively, consider pullback trading from them
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
USDJPY: Bearish Outlook 🇺🇸🇯🇵
USDJPY broke and closed below a strong intraday structure resistance recently.
Retesting that structure, the price formed 2 cute double tops: tiny one and bigger one.
I believe that the pair will drop lower.
Goals: 138.78 / 138.07
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Please, support my work with like, thank you!❤️
BTCUSD long postion.. waitting for inbalance to down side or rejection,, i recomeded everyone to track everything you trade, not one asset, track what ever out there becuse we need to continues learrning, dont limited by your belief. your live your live so your heart is beeting , so try until you get there.. never give up.
EURAUD: Technical Outlook 🇪🇺🇦🇺
Hey traders,
Last week, EURAUD broke and closed above 1.53 - 1.54 weekly resistance cluster.
The next goal for buyers is a major falling trend line.
Look for buying opportunities from a broken structure.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
CHFJPY: Trend-Following Trading 🇨🇭🇯🇵
One more Yen pair looks very bullish:
CHFJPY broke and closed above a solid horizontal supply area.
Now, the broken structure and a rising trend line compose a contracting demand zone
from where a bullish wave will be expected.
Next resistance - 151.3
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
EURCAD Weekly Forecast is Long 1DGold Weekly Forecast is Long and Bullish
Weekly Forex Forecast for October 10 to 14 , multiple timeframe analysis. Knowing WHEN to trade is one of the most important components to forex trading, I will be breaking that down in this forex forecast on Homa Forex Channel.
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September 30, 2022 - Marathon Digital Holdings, Inc. - MARA - This is a quick update on my investment in Marathon Digital Holdings, Inc. -
This video shares my experience trading MARA as a retail investor.
The markets have shown to be quite volatile in the past weeks and many people are speculating that due to inflation, negative GDP growth and the FED's policies along with the repercussions of COVID lock down and the UKRAINE war with RUSSIA has led to an unstable stock market and higher energy and food costs to the average individual around the world.
To combat this, I think it is a great skill to learn how to make $ trading stocks, crypto, ETF's and options.
Of course, there are risks involved and this is not financial advice.
I am simply providing my experience trading MARA - note I have already made profits in the past on this stock, and I started investing in MARA at $6.50.
Please smash the boost button if you like this content and I will continue providing updates on my position.
NZDJPY: Your Detailed Trading Plan 🇳🇿🇯🇵
NZDJPY is stuck on a key horizontal structure resistance.
To catch a bearish move from that, watch 81.7 - 81.9 area.
It is a horizontal neckline of a double top pattern.
To sell with a confirmation, we need an hourly candle close below the neckline to confirm a breakout.
Then shorting on a retest, our target will be 80.7
Remember, that the price may respect a neckline. If the pair sets a new high, the setup will be invalid.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Trading Startegy: GBPUSD PRICE ACTION AND CHART ANALYSIS w/ NEWSWelcome back to another video, today's video is about analysing GBPUSD with fundamental and technical analysis using the monthly, weekly and daily timeframe to understand and see price movements for the next direction of prices (either downwards or upwards trend).
P.S NOT A FINANCIAL ADVISOR... JUST EDUCATIONAL AND LEARNING PURPOSE ONLY...
NZDJPY: Your Trading Plan 🇳🇿🇯🇵
NZDJPY dropped to a key daily structure support.
Approaching the underlined structure, the price formed an inverted h&s pattern on 1H time frame.
To buy with a confirmation, we need a bullish breakout of its neckline (82.57 -82.7 area).
Goals will be 83.24 / 83.77
If the price sets a new low, the setup will be invalid.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
EURAUD: Very Bearish Setup 🇪🇺 🇦🇺
After reaching a strong supply area, EURAUD leaves very bearish clues:
the market formed multiple doji candles and then broke and closed below the support of a rising parallel channel.
A bearish continuation is expected now.
Goals: 146.8 / 146.05
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
EURCAD: Your Detailed Trading Plan 🇪🇺🇨🇦
Update for my today's post on EURCAD:
the price is retesting a broken key level now.
The price formed a double bottom formation on 1H time frame.
To buy with a confirmation, watch 1.327 - 1.328 horizontal neckline.
We need an hourly candle close above that to confirm the breakout.
Then, buy aggressively or on a retest.
Goals will be 1.3309 / 1.333
If the price sets a new low though, the setup will be invalid.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️