EURCAD Long BiasWelcome to everyone!
Eurcad is just droping and creating the new supply imbalances in biger time frames. But still there are some chances for retracements. Let it go to down there monthly area of demand which is quite stronger. So we could set our buy limit orders for the future.
Happy Trading.
Inspiration
Gbpnzd Short BiasHello Everyone!
This is GBPNZD weekly short bias analysis.
On left side we have really weak area of previous demand which is circuled. Now price just droping brutually and creating supply imbalances. On lower timeframes we always take trades because price has already gone from the good entry point. Now one should enter with lowertime frames levels. Always trade zone to zone. Let it go to monthly demand area which is rectangled with blue down there.
so short bias on gbpnzd.
Happy Trading.
EURSGD Long BiasWelcome to everyone!
Today is the time of EURSGD.
As we know eursgd just reacted the previous higher timeframe descending trendline and creater new monthly demand imbalance. by using supply and demand method we earn good profit when we follow higher timeframes.
On another side we have monthly supply area up there where market could reach and retrace back for retesting the levels. So right now we are here with long positions.
Enjoy the weekend.
Happy Trading.
USDSEK Short BiasWelcome to everyone!
Today is the day of USDSEK.
usdsek just reacting the previous strong created supply area and going for short now.
as we know the strength of dollar is getting weaker now.
We always follow our rules and stick with our plan. But no method/plan help us without controling our emotions.
Without proper knowledge forex is just a gambling for the people who try to gain profit from it following by their luck.
So Short Bias right now. This is it. Enjoy
Happy Trading : )
DXY Short Bias Welcome to everyone.
DXY just reacted lower timeframe H1 supply level. If market breaks H1 level then it will go up there to the Daily supply and we will see the strong drop. So we have to wait for that. If market doesn't break H1 level then it will go slightly down as it is happening now. So the Future drops are just there on Dollar yield.
Happy trading
EXAMPLE for creating a Strategy! How to make money with TA! #1Hey tradomaniacs,
most of all beginners out there (I was at this point aswell), don`t know how to create a strategy and trading plan and are not able to make money WITH the market.
At this point, I just wanna give you an example and tell you why it`s so important to have valid signals and a strategy you can trust in.
Emotions - The Cash-shredder
Emotions are the reason why 90% of all retrail-traders fail!
We, as a human being, are visceral still living in the Stone Age controlled by FEAR & GREED.
That`s why we need pre-conditions whose undertake these responsibillitys and determine our trading.
CONDITIONS are part of your Strategy and you should treat them like your BOSS telling you when to trade!
This picture does not includ important things like Stop-Loss, Take-Profit, Risk-and Moneymanagement and so on..
THIS IS one EASY example for a TREND-FOLLOW-StRATEGY, which is easy to use for beginners.
Don`t start with crazy shit like Gartley, S/H/S and other Patterns whose have extra conditions and things to know that you can`t know as beginners.
I will tell you more about this in another post it`s late here in germany! ;-P
I just want this to be an inspiration for lost beginners.
Peace and happy learning
Irasor
trading2ez
PS: Have at least 4 of 6 conditions!
FREEFALL OR TYRANT RISE ?AS stated in my previous analysis with stunning accuracy
we've hit a resistance on this pair with the first green line
we STILL DESPITE MARKETS here being way overextended have some more POTENTIAL UPTREND
which in reality is a BIGGER time frame move
potentially one we have not seen IN THE LAST YEAR or so
or we can have a NICE FREE FALL DOWN to god knows where a major support of some sorts
TRADE SAFE
i missed about $50,000 dollars in moves in the last few weeks
SOLID SELL ON EITHER GREEN LINES ?im forseeing and feeling a MAJOR DAY chart move happening MASKED by a series of DIPS to completely throw us off
even though ALL my indicators are OVEREXTENDED to SOME DEGREE
the HIGHER time frames show me that theres some GIGANTIC uptrend POTENTIAL AT STAKE HERE
ive marked my green lines for UPTREND targets before ANY MAJOR FALL AND RECOVERY to the downside towards any support
TRADE SAFE lets see how it GOES with this crazy dragon
GJ BOUNCE UPWARD?as we seen a RISE YESTERDAY and then a NICE clean fall this morning im anticipating a recovery RISE for the asian session on this pair
as i believe we are still in an OVERDUE MAJOR long term position
lets see how this goes
TIP on trading
WHEN i trade i enter PENDINGS as hedge orders BIGGER then my original order just in case markets go opposite direction or the position is to early
this ensures that im building EQUITY even in a losing condition
HAPPY TRADING
kill the markets this week
OverDUE LONG i think we are finally starting to see that there will be A BREAKOUT as we have been bouncing BACK AND FORTH on these supply and demand zones in this little channel here
lets see how it goes
im setting a pending order below the where i think the position will be a long just in case we see a lower fall before an actual rise
HOPING FOR A break TO CHANNEL RESISTANCE BEFORE A DIPi have my sights set on this CHANNEL RESISTANCE as we are currently seeing some bearish movement
this small candles look like we can have a profit release to the upside before any drastic FALLS
im calling LONG around these key levels as we see the dotted green line indicates areas NEAR a DEMAND ZONE
lets see how it goes
UNDECIDED but im thinking LONG at this DEMAND ZONE?as i was away from my charts for the last week i come to see that we are frozen and closed the markets last week at a DEMAND ZONE
we could potentially see some rises tonight BEFORE actual trend move kick in for TUESDAY which im antipicating from my memory to be a DOWNSIDE move from a day chart downtrend signal im remembering seeing
lets see how it goes