I think it is gonna drop another time, if not, then why is it not showing the proper signals for a upward breakout. There’s no power before it’s moves. So next time it drops I’m gonna buy. I buy and sell with in the channel but never my full position. Always less than 25% of my full position in the pair. Because I don’t want to be wrong and lose. But I can risk...
The arc drawn on the chart shows how bulls are losing momentum. I’ve seen this many times as many of you also have. In the beginning of the arc, BSV has moved up. Now at the top of the arc it seems to slow down, the angle of the trend keeps getting smaller(losing momentum), which could lead to a price drop. I like BSV, heavily invested long term. Let’s see if we...
Here is a more in depth analysis of yesterday's published idea. WTI has appeared to have confirmed a new bottom with the EMI after closing repeatedly above bottom support (scripting thanks to @bonic) signaling a heavy buy signal on the weekly and monthly charts. We have to manage risk here. I have place a strong watch on the bottom uptrend support around 1.8 up to...
$TA looks to have bottomed after rallying on the news of a new CEO being appointed. TravelCenters of America (NASDAQ:TA) appointed Jonathan Pertchik to be the company's CEO and managing director to succeed Andrew Rebholz. Pertchik has served as an executive for companies owned or controlled by private equity groups, including Starwood Capital Group, TPG, Carl...
Long term investments - 2019: This is a first post on long term investment for 2019. Others will follow. Every serious investor establishes a solid money management with a balanced risk factor. Investing 100% of your savings in forex or crypto currency is like make a blind all in at poker. So a key factor is to choose which asset allocation suites better for you...
Long term investments - 2019: This is a series of posts on long term investment for 2019. Every serious investor establishes a solid money management with a balanced risk factor. Investing 100% of your savings in forex or crypto currency is like make a blind all in at poker. So a key factor is to choose which asset allocation suites better for you and to found...
So you have the "perfect" setup; all the stars align and you feel utterly confident in taking the trade, but should you? I have a process that must be completed before I even think about pressing the trigger. Fundamental analysis points me in one of two directions, then from there I'm either short or long. I then look if there is a technical entry point that...
AUD/CHF is presenting a perfect position to go long. I would jump in on this one and remember to respect your risk management set ups. I am looking at a target of 0.91265. Let's see how it goes.
Whenever we have multi lows/tops breaking is stronger than usual, as we have right now. The price has break Fibo and MA200 level and strongly continue to rise. RSI at lower time frames is overbought, which can be some short opportunity to squeeze a bit. As I see Fibonacci 61.8 will remain resistance level ( daily fibo) and Fibo 62.8 ( weekly) will remain support...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
We forecast for the week ahead: 1) Outline anticipated move 2) Outline Contingency Plan 3) Create trading plan around Price Action (entries planned on H4, H1, H15 dependent on your anticipated exit)- Updates will be provided. 4) Create a Risk management plan for unexpected fluctuations 5) Sit back relax (See Related Idea Below)
EURAUD - 1a - 190207 - LONG - OANDA - AT - 1H - (RRR 3.65)
AUDUSD - 3a - 180107 - SHORT - OANDA - AT - 12H - (RRR 7.51)
USDCAD - 2a - 190103 - SHORT - OANDA - AR - 1D - (RRR 10.8)
GBPAUD - 4a - 180126 - SHORT - OANDA - AT - 1D - (RRR 16.95)
Please find information in the chart bubbles. good luck and have fun trading! always focus on money management. you can take a lot of 1% losses but your account can only handle a view big losses, right? when you lose 10% e.g. 1000$ of your 10k account then you have 9000 left. the next 10% risk trade is only 900$, so the potential winning gets smaller, too. after...