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I'm Back! Most Profitable System YETVacation is fun, we all need to take a break sometimes, but I'm back, baby! But that doesn't mean I ever really took a break from my biggest passion of 11 years -> Forex trading! I've been having a blast with my latest and greatest system. It's called... The 3 Kings I can't wait to finally share this insanely profitable strategy with all of you! It's kinda lonely when you're making money but nobody else can really appreciate what you're doing. Thank goodness for like-minded people here on TradingView. Starting Monday 1 February 2021 I'm sharing some of the highest probability trades that I take live from my 3 Kings trading strategy... stay tuned if you want to make some money.
by FollowMyForex
3
Should I Hold Longer Or Close With Profits....?Hello Traders 🙋‍♂️ I wanted to go over a valuable lesson in market psychology that I have learned repeatedly in my own experience. This is not an 'end all be all' strategy , advice, or lesson but perhaps an idea that you can take and make it what you want in your trading analysis. Its really easy to theorize about markets and what they should do, wether its a pattern your following, indicator, or institutional concepts. We can all look at charts and spot gigantic moves and think "WOW! Imagine those profits you could have had!" , in fact we can see this daily in our pursuit of our trading goals. But the reality is that in the exact moment of being in profits nothing is guaranteed! How many times have you said to yourself "Self - I'm holding this trade till the end of time" when your up 20 pips, only to have to smash back down and either stop you out at break even, or even worse, go negative and hit your stop loss? My guess is that if your reading this (or writing this) then the answer is all too often 🤣 So here is a solution... Psychology 1) Just agree with yourself that consistent and steady profits is better then "what if" 2) Find your signature exit for how you trade - "When do I know for certain I should close all positions" Practice & Reality Since its pretty easy to catch 20 pips in the FX world you should capitalize on this and take it over and over and over , compounding your profits, and minizing your losses (assuming your strategy is profitably) and to satisfy our greed and "what if" then leave a small partial open to see what happens, which leads me to the third and final part of this solution.... 3) Close 90% of your position at 15-20 pips - Move stop loss to break even & Leave 10% open for "What If" and to satisfy our greedy side. Making this agreement with yourself can and will increase your profits! I have written this statement 1) as a note to self after this week I "Could have had" 65+ pips , and 2) as an idea to myself others that its ok to make a living picking and chipping away at the huge mountain of gold in front of us piece by piece, rather then all at once I hope you find this useful, if you do please give a thumbs up and follow for more!
by renegadeforex
2
Bitcoin Trading Uncharted Territory, Forecast Greetings crypto friends! Bitcoin/USD is being interesting, as it is now trading at uncharted prices- again! If we observe, there are no price resistances, so we will plot Fibonacci retracements. I plotted the Fib from wave one to wave 2. If we look at the diagram above, the resistances we will watch for are at the 39.5 k area and the 37.7 k area. Support is on the 37 k area and a strong 34k area. Based on that, we can see a rally to 39.5 k area, and after that, a retracement to 34 k. Then, the price will go beyond 40 k. On top of that, as long as Supertrend(Indicator) holds, and the volume is consistent, we can see a good trend in the daily timeframe. So, based on this, what should we do in the short-term? Well, I recommend we should long Bitcoin. There are still no signs of price slowing down and reversing. Meanwhile, let's enjoy the crypto craze as we go :D Cheers, profits! Make sure to follow me, @Trader_ph, for more forecasts on all subjects of trading.
BITSTAMP:BTCUSDLong
by Trader_ph
Analysis EU Sunday Opening Hello traders, I am showing you all possible entries. Catching small entries are good and safe from the opening of the market. I gave at least 3 entries on the 1 hour timeframe. Look at entry 2, Always enter at the right shoulders only if you miss your early entry on the high(just in case). If EU stop at that high, it will indicating that EU had made a bottom top on a higher timeframe. Is it that not beautiful lol? It make sense. So what I'm saying is don't see what you want, see what you see in the market basically. If you don't see, don't trade it. No patterns, Don't trade. Thank you for reading! Enjoy!
by MonaySess
XAUUSD LONG 📈Hello Traders, don't forget to follow this PROFILE SO YOU GET NOTIFIED EVERY TIME WE POST📲 First trading week of 2021🥳 2020, despite all this COVID issues, was a very good year to ZIONTRADES.🙏🏾❤️ Created my own trading group, we are over 350 members in all groups, banked over 13,578 PIPs during 2020.🤯 We are really ,looking forward to 2021 !😎 So, here we have a possible LONG position on XAUUSD, as American Dollar keeps weakening. I'm expecting to hit our TP in 6 trading hours . We will enter this trade as soon as the markets re-open. Fell free to share your opinion with us guys👀
OANDA:XAUUSDLong
by TRADESBYZION
56
TradingView - Pullback Strategy with 89% Winning Rate Hey Guys, I would like to show you my Pullback Strategy. As you can see below, the winning rate is 89% which is pretty good. I realized that the best market for this strategy is the index market, like DAX , NASDAQ, S&P500 etc. I have not so much experience with backtesting results. Therefore I want to post it here. Maybe someone can tell me if the strategy is good enough to trade with real money. Please, let me know what you think! :)
XETR:DAXLong
by vanpappenofficial
Gold does it over or New Beginning Gold seen as make a high of 1906 can't able to pick upto 1920 is it possible to break 1924 and seems really a high volatility in gold and silver does it make down towards old lows near 1760 or go towards retrace of 1571 or will go towards the pending gap of last year 1360 what you think friends ? is it possible it will break 1925 and go towards a New high for 2100 2300 Much sound low noise but big impacts on charts Fundamentally does US will follow the war path of Mr. Trump or Its goes towards economical recoveries let me know your views too Your Friend
SAXO:XAUUSDShort
by Moneymereo