Trade Review How i Traded $SQ & $ZM In this video i will be reviewing trades I took 6/17/2021 which were ,$ZM $SQ, Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emas, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always! Hope you guys enoy!
Teaching
[Trade Review]How I traded $CRM, $SNAP, $U, + Possible Set ups fIn this video I will reviewing trades 6/14/2021 which were $NIO ,$U $SNAP that were posted in a pervious video about the set up on my New Series *Set Ups For the Week Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emas, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always! Make sure to leave a comment for feedback about cutting back on the trading review videos let me know guys! Will be making videos on trading phycology due to the euphoria in the market so look out!
Mid-longterm ETH forcastTrading is hard, but dragging charts is easy.
If you're not sure where to start, grab any tool on the left that has a draggy hand. Drag it around until some candles fit into it nicely. If you can make the candles fit into your chart, you're doing it right.
Try lots of charts, lots of timeframes and then do trades.
USDCHF FEB 21 2021AFTER IDENTIFYING PHASES OF WYCKOFF THROUGH ACCUMULATION EVENTS PAITENCE WILL BE TAKEN INTO ACCOUNT FOR UNDERSTANDING PRICE ACTIONS DFESIRES, LIKELY ANTICIPATION SOF A SOW IN PHASE B OPENS UP OUR EYES TOWARDS BUYING OPPORTUNITES ON AN UPTHRUST AND CREATING NEW LOWER HIGHS WITHIN INSTITUTIONAL CANDLE RANGE
LTCUSDT bullish actionThere are several hints that we can take profit from LTCUSDT in Crypto.
First and most we have an interesting +RD on RSI and Price action.
NOTE : (+RD is a divergence which may a bullish action in LTCUSDT ).
Second our price is over Moving Average Weighted 20 which is powerful indicator.
Thirdly, our price stay in a profitable area of Piachfork.
What do you think?
Shorting USD/CAD Shorting Usd/Cad 4H/1H, As overall market is in a bearish run, Found an short setup at level at 1.31187.
1:Overall bearish move market making LL & L.H.
2:Market retesting the previous broken L.L.
3:200 Ema down.
4:Fibs level 61%.
5:1H TF also retesting it's bearish structure.
6:Candles showing strong rejection.
EurJpy headed towards the SKY?Follow for more analysis.
1:4H/1H: Market in a bullish run making HH/HL.
2:Market broke previous HH and now retesting it at level 123.000.
3:Looking left 123.000 level has been holding the price strongly(in past).
4:Big bullish candle showing strong buyers in the market.
5:Market at 61% level of fibs(golden ratio).
6:Now let the market break structure on 1H TF as well for more conformation
7:Or let 123.400 minor level break on 4H TF or limit can be set at the level.
8:Wait for Bullish engulfing or pin bar or any strong candlestick pattern.
9:Setup may perform next week.
Note:this is not a signal, the purpose is solely for education and understanding.
:Trade at your own risk.
WHY YOUR WIN RATE IS IRRELEVANT!Afternoon guys! quick video on WIN RATE and why having a higher or lower win rate is IRRELEVANT! Alot of traders out there like to advertise themselves having a 'High win' rate when really it IS irrelevant to how profitable you are as a trader!
in this example we are reviewing ETHUSD.
in the one example we have a win rate of almost 50% but only a net profit of 40%... And then we chnage our TP mode where we then have a WIN RATE of 31% but a net profit of 59%!
Long-Term CELR TradeIntroduction
Date: 01/07/20
Time: 11:00 AEST
Topic: Yearly-Term Trade - Bullish - CELR
Forecast: A drop down to about 35ish sats where some Daily & Weekly Support has been found, before reversing and gearing up for another run
Summary
I see a yearly trade on CELR appearing with numerous software which I utilise bringing it to my attention. With some basic TA, I do see having a real go in the future.
Firstly, abit of background on the coin. ‘Celer Network (CELR) is a leading layer-2 scaling platform that enables fast, easy and secure off-chain transactions for not only payment transactions, but also generalized off-chain smart contract. It enables everyone to quickly build, operate, and use highly scalable decentralized applications through innovations in off-chain scaling techniques and incentive-aligned cryptoeconomics’.
Ever since its release in March 2019, CELR had been (like most alts) on a massive downtrend, going from about 615sats all the way down to a bottom of 21sats. On the way down it did stop numerous times, creating weekly zones of support. Having found a bottom at 21sats it ranged between 21 and 26sats for a period of 2months before breaking out and going on a run back up to 50sats. Since early April, volume has been steadily increasing supporting the breakout and is now slowly tapering off.
I can see a possible inverse head-and-shoulders playing out, with the neckline being around 44sats. Combine this with Fibonacci (I took the bodies of the candles) of the small breakout we had (21 – 44), we have the 61.8 retracement being at 35sats. This coincides with the peak of the left shoulder. With volume on the decline and it is retracing, I believe it could complete the inverse head-and-shoulders furthermore pointing to a 35ish sat entry.
About Me:
Starting off as a typical retail investor, I entered the trading space in 2017 and proceeded to buy bitcoin as it was going up thinking the moon was the limit. Safe to say I was wrong and learnt very quickly that 'What goes up, must also come down at some point'. Since then I did a proper trading course where I learnt the art of Technical Analysis and have never looked back. Increasing my knowledge from reading a tonne of books, listening to podcasts as well as reading and researching other traders has really benefited my trading skills and style. I am a now a full-time cryptotrader at one of the first firms specialising in cryptocurrencies. I am also a coach, teach and mentor to other like-minded individuals who want to succeed within the trading space. If you want to learn more about TA, trading and be financially independent, then let me know and I will help you get there!
Financial Disclaimer:
I am not a registered broker/analyst/investment adviser. The information contained within this post is general/educational information only, not financial advice and should not be treated as such. Trading and investing in Forex, Stocks, Commodities and Cryptocurrencies involves high risk, and is not recommended if you are not a trained investor, who has conducted proper research and training. Viewers are responsible for how they use this information and I am not responsible for any losses incurred as a result of the information provided. Please consider carefully whether trading is suitable for you, given your current circumstances, financial situation and knowledge.
BINANCE:CELRBTC
Retest down to the pink trendline before climbing again Btc is looking to retest the 8.5k Area I really have alot of confidence in this, there is alotof confluence around this area and different indications pointing towards this area as a short/mid term target region!
So do you want to learn to trade like me and making consistent profits?
So who am I?
My name is Ryan Millard, I am a full time trader/crypto expert, I have decided to start my own crypto group where I will teach others how to trade profitably and efficiently, this will teach you all of my techniques aswell as show you all the trades in which I will be taking!
This month alone I have over 60% in gains using only small leverage
Last month I had over 150% in gains
Feel free to message me on discord if you are interested and we can talk and get you started: Craze#7396
If you are interested in joining the premium service where you will learn near enough everything you need to know to trade fulltime then please do message me and we can get you started with the serviceASAP
I have so much freetime to teach people at the moment due to circumstances in the world
THE NEXT 5 PEOPLE TO JOIN THE SERVICE WILL BE GIVEN 25% OFF
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ONTUSD o.O1) It looks like ONT is holding support very well and a possible new trend line (Bottom yellow line) is forming off of this dip.
------ If stop losses are set around .65 (7%) the possible gains are up to around $1 (40%ish) which I would suggest of course to take gains on the way up. I like to take gains around whole numbers because its easier to remember the numbers.
------ All bets are off if it drops below the yellow resistance.
2) The top yellow resistance line is made from 7/23/18 to the second point on 6/24/19 down to the recent high on 2/10/20 on the weekly chart. (11mths,9mths,4mths?)
------- To me this is showing that the yellow support and resistance lines are forming a bull flag. These lines should intersect around 4/20/20 (lol 420) that is pretty soon given the last high was 8-9 months ago.
3) The top blue dotted line is made from the high on 2/15/20 and the high on 2/24/20, coincidentally on 3/2/20. (on the daily chart)
------- Now we are trading above the blue line :)
------- I think that this blue line is a very good indicator in our favor.
------- It also seems that the price is following the line possibly down to the yellow or blue resistances then spike up?
4) The bottom blue dotted line was made on the daily chart starting on 1/24 then the next point was on 2/27.
------- I don't have much to say about this line other than its useful to use on the shorter time frame lol.
5) This resistance also makes sense because we are close to the previous low around the end of Jan.
------- This is becoming a bull market ever since 2020 and I don't really see this losing steam any time soon. For the part of the market that is like me (Bulls) we really want to see the price have a low above the previous low. This even makes some bears become bulls because the trend will be very strong at that point.
6) Purple box is the a strong "support and resistance" on the monthly/weekly chart.
7) BTC has a VERY similiar situation with MUCH more volume. ONT has usually followed BTC and I think that trend is so set in stone at this point something major would have to happen for that trend to break.
------- Follow BTC if you want to trade this coin.
If I got you thought that click bait thing was funny like/follow/share/subscribe ;)
Okay now that that's all done if you have any questions, need clarification, have a comment, or want charting/analysis advice please let me know.
Feel free to DM me and we can trade ideas, I love hearing others thoughts and learning new ideas or teaching new ideas to people.
So uhhh please like/follow/share/subscribe ;)
Potential short EUR/GBPThis pair is testing a very interesting zone. We have retraced to a support zone in a down trend, meaning we can now once again look for short positions!
If /when this pair offers me a confirmation on 1H and or 4H as well as 1D, I will look to take this pair down to the pervious low, which also happens to be a round number.
If you are keen to learn my strategy, as well as how to get started trading fx, feel free to drop me a DM on here or over on my IG @saxonpooley!
Have a Great week!
GBPUSD LongHello guys, a simple but effective analysis on GBPUSD also know as Cable. This trade was taken by me personally due to numerous confluence coming hand in hand. Also a great risk to reward ratio was achievable .
The idea behind it was simple, huge bearish momentum pushed price to a very strong support zone; considering the tremendous amount of bearish pressure, price rejected this support zone tremendously which is best displayed on the 4 hour time frame. There was a huge wick present on the 4 hour rejecting this zone which enticed me to enter long with a favourable risk to reward.
Finally, with this trade there was no drawdown what so ever, straight into profits. Currently sitting at 50 pips in profits. I due however, intend to hold this trade until tomorrows New York session as I due believe the pair has more room to push to the top side. Note the GBP pairs have huge amounts of movement in pips throughout the day.