Parallel Channel
Weekly Trading Recap: EURAUD, GBPUSD, SOLUSD Nov 20th 2021Hello everyone:
Not many trades entered this week.
I was on vacation during the week so wasn't too active on the charts or in my community.
Will share these trade results from entry, SL/TP, management and overall analysis.
EURAUD:
Full analysis/forecast:
GBPUSD:
Full analysis/forecast:
SOLUSD:
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Jojo
Weekly Trading Recap: NU, NC. UJ, XAG, US30, US100 Nov 14th 2021Hello everyone:
I have been getting some hating and trolling comments/messages from some people on my recent trading result.
Sure I can admit last month and this month so far haven't had some good results, and I am not hiding away from that.
But I am well aware of how trading is in terms of consistency and sustainability.
I have been journaling and making trade recap on my trade results which I share publicly, honestly and transparently, so not worry about one losing month or 2.
Overall the year is certainly up and profitable, so it's during these periods of drawdowns and losing months we need to be extra cautious and don't fall into the trading psychological mistakes.
Do not revenge trade, over leverage, over risk and end up blowing accounts.
My sincere feedback to traders out there who are struggling.
Don't let social media fool you on how trading is.
You will never know if those scammers or fake gurus trade real, live $ accounts, or just show you demo account profits.
You will never know whether they take losses or not because they won't show you those to sell you a dream.
All consistent, professional traders will take losses, it's how we control our emotion, mindset and continue to let the probability play out in our favour for long terms.
NZDUSD: Out for +0.5% profit
Full analysis/forecast:
NZDCHF: Out for +0.5% profit
Full analysis/forecast:
SILVER: Out for BE
Full analysis/forecast:
USDJPY: Out for BE
Full analysis/forecast:
USDCAD: Out for -1% loss
Full analysis/forecast:
NASDAQ: Out for -1% loss
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Jojo
Weekly Trading Recap: SILVER, EURGBP, UKOIL, DOW Nov 7th 2021Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades entered/closed this week from me.
I will explain my approach on the entry, SL, TP and management.
SILVER: Running Position
Full analysis/forecast:
UKOIL: Out for +0.40% profit
Full analysis/forecast:
EURGBP: -1.00% loss
Full analysis/forecast:
US30(DOW): -1.00% loss
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Jojo
Cover your eyes now!This should bring out both bulls and bears! 😱
It's an amazing and long channel.
The bulls will say that it's a breakout of the channel. The bears will argue that it means the NASDAQ will crash.
I'm not into that debate. It's a dangerous one.
Overall I think there is a slightly greater probability for the south based on the channel - but how far south is big problem.
There is a probability for the north and a breakout because of the ATR line on the 1-day time frame showing a sharp switch.
The the above only apply at this snapshot.
Have a look. If you have reasons to be bullish or bearish, have your say! 🙏👍
Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Weekly Trading Recap: NU, EU, EP, XAG, DOW, UKOIL Oct. 31 2021Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades entered/closed this week from me.
I will explain my approach on the entry, SL, TP and management.
I have mostly losing trades this week and the end of the month.
Definitely not hiding it and acknowledge the losing month of this year. Certainly have room for improvement and reflections.
Some of the trades actually were in good profits but ended up reversing and left some profits on the table (EURUSD).
Some trades such as AUDNZD and GBPNZD from previous weeks went in the desired direction, but just didn't manage to be my full advantage as I followed my plan to exit accordingly.
The last week was emotional for me and I took a few more trades that did not end well.
I also closed down all the live trades such as Silver and Corn. Wanted to take a small break in between and get ready for November and the end of the year.
My trading psychology for the last 2 weeks was not good, dealing with external issues on social media and negativity on the internet.
But, no excuses here for me. Have to keep going and accept the mistakes that I made, and continue to work on the emotion and mindset here.
SILVER: 2 positions closed for +2.50% profit
Full analysis/forecast:
CORN: +1% profit
Full analysis/forecast:
EURGBP: Out for BE
Full analysis/forecast:
BCOUSD/UKOIL: Out for BE
Full analysis/forecast:
US30(DOW): -1.00% loss
Full analysis/forecast:
NZDUSD: -1.00% loss
Full analysis/forecast:
EURUSD - 4 entries all closed down with total of 0.20% loss
Full analysis/forecast:
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Jojo
Perpetual Protocol - $PERP - Building Bullish Market StructureWe are starting to see perpetual protocol put in bullish market structure on the daily chart.
This also lines up with the channel that is currently sitting on the support.
While I do think we could go down a little bit against bitcoin and Ethereum, we are getting very close to a major breakout they could see perpetual protocol go up over 100% in a very short period of time.
They are getting ready to launch version 2 in the next two months and when that happens I believe this project will see a lot of upside.
Don't sleep on this project.