Idea about #PLAN using Elliott Wave TheoryIdea about #PLAN using Elliott Wave Theory. According with this wave count, maybe we will see some price decrease to the range $45.30 to $30.11.
Plan
FEIM - Trade PlanWill enter if the stock holds strongly above $11. I never go in blind. If the price can't hold, this plan is invalid.
STOP LOSS - $10.80
PROFIT TARGETS - $11.50, $12
I think 10.80 will be solid support. Volume was great this week and we broke through some important levels of resistance.
Trading Psychology - Where to start & how to improveThis video is part 1 of a coming series on trading psychology.
I tell you where I think a trader should start when it comes to working on their mental game.
PLAN - Bullish call flow Aug 27thAnaplan, Inc. is a cloud-native enterprise SaaS company that helps improves business performance. Options - Over 3800 Sept $70 calls bought Aug 27th, Put/Call ratio is .21. Related tech business software names that did well for earnings, TEAM, MNDY, CRM, BILL. Currently above the 200 SMA, $61.8.
LONG EUR/GBP --- LONG TERMPrices are close to an importante support level ( daily support), after that we will see a bullish trend, before openening any operation, we should have many candles that form a clear inversion pattern, the stochastic should get in and get out overbought zone.
Education - How to Take Losses & Move On EffectivelyThis is usually something that people don't want to talk about... We think its important that everyone does!
BTCUSDT BIG TRIANGLE - [FAKEOUT!]I think that fakeout increased risk about #btc price.It could break big triangle down and will go to strong support.
You must build a plan with nice play of your orders between support and resistance.
Gold Make Head Shoulder Pattern in 1 HourGold make Head Shoulder pattern in 1 hour so break nick line Then Confirm Tu Buy Let see
Quick update for XRP: What's next, $2.40 or $0.60 ?Check the 'XRP outlook APRIL/MAY', link below!
XRP is following the plan. Charts looking good. But i’m still watching the possibility to see another dip towards $0.60.
My first zone has been met. And it's holding so far.
Price could go further up from here, but another thip is still (and also) a likely scenario.
think learning : GBPJPY target 163GBPJPY seems to be up-going
and break important weekly resistance
but impossible raise very smoothly
perhaps will fall down as reback at several important weekly resistance
weekly target 163.00
EURJPY week's target 138.00EURJPY keeps day's up-going
just wait for down back to hour,4-hours ,day's support or rebound ,be careful
for week's target ,should be the high before : 138.00
for week's target , should be the high before : 138.00
Anaplan Inc 🧙Anaplan Inc is a United states-based business performance management company. It offers cloud-based business planning and performance management platform based on a single hub where business users can create and use models. Anaplan provides solutions for finance, sales, supply chain, HR & workforce, and marketing. The company also provides professional services, including consulting, implementation, and training. Its geographical segments are the Americas; Europe, the Middle East, and Africa; and Asia-Pacific.
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BTC POSSIBLE SCENARIOI'll be looking close BTC, there is a falling wedge forming, we need to broke the trendline to fly. If the falling wedge doesn't work i will wait to Tesla FUD levels to see the price reaction. The BTC D is not working yet for the bull run, we are on an interesting week for BTC and the others crypto.
📚 Creating A Trading Plan and Executing A Trade 📚As with all great trades, we require a trading plan. This is a perfect example of how to analyse, execute and manage your trade. See linked chart for the initial trade idea.
See below for a step by step guide on how we entered this trade and what we looked for.
Goodluck and trade safe!
LET'S LEARN TOGETHERTradingview is all about sharing your ideas and knowledge with like-minded people. Sometimes we all get caught up with the trading part and forget that it's a learning journey no matter what your experience level on the market is.
As a way for everybody to take a step back and look around, we decided to create this thread where each of you can share your trading routine and any tips. Something you might think is insignificant might change somebody's trading journey for good!
A lot of you have been supporting us with coins! We make enough through trading, thus, we'll try to give back to people with the most helpful tips through the coins we have.
For instance, here are some tips Investroy analysts use on a daily basis:
1) Before making an entry on a larger time frame, we always check M15 or lower to make sure we don't have any micro-reversal patterns being created
2) We don't enter trades on Fridays
3) NOT RISKING MORE THAN 1% ON A SINGLE TRADE (NO MATTER HOW JUICY THE OPPORTUNITY IS)
4) Always waiting for confirmations (specific candle to close) before executing a reversal trade on major support or resistance
TradingView has a lot really experienced and intelligent traders, we're hoping they also join this post to share their wisdom with the people who are just starting their long (hopefully profitable) journey. All the best, my friends! Let's make the most out of our great platform!
AUDJPYGREAT RISK REWARD TRADE , 4HR TIME FRAME CONFIRMED WITH TOP DOWN ANALYSIS , PRICE CONFIRMED BY CONFLUENCE FACTORS .
What Are Impulse Movesyou might have heard me or David talk about impulse moves during our analysis, but what are they? in summary an impulse move is the first injection of buy or sell pressure off an area of sensitivity, taking out the limit orders that are within that zone.
📜 Trading Rules for Beginners:Remember guys a trader doesn’t predict the future, a trader reacts to the market following a strategy.
A winning strategy is to outline all the possibilities and have a plan for each of them!!! Always have a strategy and a plan before entering any position in the market!
A profitable trade that doesn’t follow your plan can’t be considered a good trade, by contrast a lose trade that sticks to your plan, still a good trade!
Stick to your plan and you will be a winner in the long term!!! .
Looking for buys and sellshere I drew up my fib, I then looked for key rejections through my channels, supports, and resistance. soon as i found my key entry I sniped it and got in .... want to ask me more go-ahead I'm here in the comments ....
EURUSD trading planExpecting another bullish week for EURUSD. Before the real bullish move I'm expecting bears to run the market to the daily orderblock at the 1.2000 level before any further push upwards. Will start looking for further buy confirmations at the 1.2000 level specifically on Tuesday during the London /New York session. Risk reward would be greater than 2 at this point
Why Do We Need A Trading Plan?As an analogy, when we drive a car on the road, we must constantly abide by traffic rules in order to harmonize certain behaviors for every situation we are faced with. From stopping at a red traffic light, slowing down when at a pedestrian crossing, use snow chains in certain weather conditions, etc.
On top of that, since trading is such a mind game that involves money on the line, it can be very draining for one’s brain and cause irrational decisions without a plan of action. This is yet another reason why you want to be absolutely 100% certain of how you will proceed in each and every one of the thousands and thousands of situations you will encounter as a trader.
We must avoid by all means disorder from dominating our trading. After all, lack of discipline and inconsistency is the number one enemy of any trader. The saying “if you fail to plan , you’ve already planned to fail ” couldn’t be truer. Trading is a business, so it must treat it as such.
The mastery in becoming mechanical on your trading actions is directly linked to your chances of success. When we drive our car, our behavior cannot deviate from the very rigid traffic rules or we might get ourselves in trouble, right? You must think about trading in the exact same manner. But this time, the ball is on your courtyard, you have absolute control.
1. Why Do You Trade?
2. Define Your Daily Routine
3. Describe Your Entry & Exit Strategy
4. Trade Management
5. Review Trades & Keep A Journal
