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ChainLink Strong Bullish MoveAs you can see on the charts, ChainLink is braking a bullish triangle upward.. I believe if you open a long/buy position inside triangle or a little bit below it, there gonna be a huge profit for you.. Don't forget we are in ALT-Party period.. :) The green targets that I've shown you are short-term target that I believe you can have a fast take-profit.. The orange targets that I've shown you are mid-term target that I believe you need more patience for more profit.. Me myself gonna go for the orange ones.. The green bar between 14-15 $ is a strong resistance line that ChainLink will need to break it if it want to go for higher targets, so keep that in mind for your trades.. This is my idea.. What do you think..
Long
by ArshiaZojaji
2
RISK 2 REWARD ratio is the key I know almost every trader has asked themselves these questions: How come I keep losing?! WHY?! Why do I keep getting stopped out?! Why is it taking so long? ! Is it even possible?! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Today I have some good news for you maybe you already know this maybe you don't, but this is for those folks who do not know the power of a good Risk to Reward ratio. Let me tell something real quick you do not have a 80% winning rate not 70% I am going to say not even a 50% winning rate to be profitable ( Hold ON A MINUTE man HOLD the bus man... serious) dead serious. With a risk to reward ratio of 1:2.5 you only need to win 30% of your trades to be profitable ( see below ) SAY YOU execute 10 trades and you only win 3 so essentially 30% LOST:7 WON:3 Total loss: Total profit: 7 * 1 = 7 3 *2.5 = 7.5 Total profit - Total loss = +0.5 Now even though 0.5 is not a lot at least it's not a loss. But there are a few things extra to keep in mind : 1) Your risk to reward has to stay the same for the period of the 10 trades 2) Your lot size needs to stay the same 3) AND as possible try to keep the amount of pips the same for your ratio because it does not help if you win 3 trades and you decided to set one of your positions SL as 100 pips and its TP as 250 pips and the rest of the positions SL as 20 pips and TP as 50 pips. If you lose the the big trade and hit the SL of a 100 pips its gonna through everything out of wack. So be sure to try and keep everything as consistent as possible and it will be a matter of time before you see profits. Trade with H
by Trade_with_H
Bearish in USDCAD?Hey traders, perfect setup for me on USDCAD. On all timeframes we can see beautiful pressure from Bears on this currency. On 4H timeframe we got double top pattern, and from that point we see beautiful impulse to the downside! Right now we got a flat flag (continuation pattern) and nice support level on 1H timeframe. Actually we already broke that level so waiting for a pullback, and gonna try to open the order! So my target on this one 1.3000! What do you think...?
Short
by Infinity_Limits_Trade
SPX 500 MIDWEEK UPDATE 09 09 2020Hi Traders, can you believe how nasdaq100 is behaving. Great right? Only great if you saw the NAS support being broken and took the sell trade and filled TP1 and TP2. so if you did you could have made a minimum of 233 and 400 pips, which is easy over $600 on a 1.0 lot size. Anyway Traders, follow the signals of support and resistance on the video and take your trades accordingly. Bottomline is We know our Numbers. We will do an update just as the market closes this week. Cheers to your Profits !
FX:SPX500Short
by ROWLANDSDUKI