TIPS
London Watclish: 3 Forex trades and 1 WTIGBPAUD with a target of 50% of the contraction. GBP has gained momentum since yesterday and the trade already has a breakout!!!
The details of my entry are in the #trade-alerts channel and im already riding some profit.
OTHER TRADES
We have GBPJPY buy, as per the alert.
EURAUD sell as per the alert
And Now WTI buy, so here are the details of WTI the other two you can find in the #trade-alerts section.
WTI BUY
I have an entry at 46.90, based on a possible bullish contraction, but spikes can be expected hence I used a wider SL for this one. The RR is still strong, 3 to 1.
My current TP is 49.53 which is a gain of 9.6% and my SL is 46.03 which is a loss of 3.1%, but there is a high chance of my increasing my TP to 51.600 which SIGNIFICATLY increases the RR/ROI and that would only happen on very positive comments by OPEC and/or big cuts!
Keeping in mind that OPEC can really move price!
TIP FOR THE SESSION
We know if our risk is right when we make a lot of money, but can still sleep at night.
Risk is the amount of risk per trade: the dollars risked between your entry and your stop loss based on your position size and what percent this is of the total capital in your trading account.
Always know how much your total risk is in regards to how many positions you have open at one time as a capital at risk for your entire account.
Our simple but effective RM system is:
1. Definite exit area
2. Strucutred position sizing
Follow this RELIGIOUSLY!
Enjoy the London session and Rememebr, today like every other day can only end in ONE OF FOUR WAYS!
1. Big win
2. Small win
3. Breakeven
4. Small loss
It is your DUTY, OBLIGATION and COMPLETE RESPONSIBLITY to end in these levels, and even if its 3 or 4 (point) thats ok... tomorrow is always a new day and your focus should be to end the week in profit, and not every single trading day!
EUR/USD Good opportunity to BUY :) UPDATE HELLO TRADERS :
--The EURUSD reached the bottom of a descending channel that I’ve discussed since September of last year.
--That 1.0780 area is what triggered last week’s bounce.
--We can make 3 trades based on a possible bullish pattern and place the TP over the yellow
--This is my trade idea, Good luck !
Follow me on Instagram : pgforextrading
CHINA VIRUS IS FAKE NEWS! - READ WHY...BUY THE DIPSFolks, and our followers...
The Chinese flue is "FAKE NEWS" only meant to cast a shadow over the BOOMING USA Economy and scare the public around the world...!
The SICK Liberals and Dirty Democrats want the USA stock market and stock markets around the world to crash and the USA economy to sink! These people are SICK..!!!
The real statistics you need to know about before selling into this FAKE NEWS China Flu Scam ...
Each year, over 600,000 people die from the FLU...
In 2018 alone, over 80,000 people died from the FLU...
Did we see the market crash in 2018..? NO NO NO..!!!
As of this post, there are ONLY 8 CASES in the USA...The FAKE NEWS continues their SICK agenda to try and crash the USA Economy before the 2020 election...!!!
CDC Link...
www.cdc.gov
Public Companies are reporting ROBUST Revenues and Profits, the China Flue is a SCAM...!
BUY THE DIPS BECAUSE UNTIL WE SEE THE DEATH TOLL IN THE USA COME CLOSE, OR PASS 60,000 TO 80,000 DEATHS FROM THE CHINA FLUE, IT'S FAKE NEWS!!!
DO NOT LET THE FAKE NEWS SCARE YOU INTO SELLING.
BUY BUY BUY
TataMoters on weekly time Frame work
Security/Script: TataMotors .Equity (NSE India)
Pattern Formation: Inverted Head and Shoulder
Time Frame: Analysis on Weekly time frame
Range of estimation: 240
Pattern confirmation: Neckline breakout
Entry Level: Neckline
Strategy: BUY on dips Near neckline level
Risk: Right shoulder of pattern 160 (-20 Points)
Rewards: 220 (+35 Points)
615 pips!!! GOLD BEEN PIP'IN - TARGET HIT - RIDE THE TREND Gold has been Pip'in all week... 1611 TARGET HIT - 616 PIPS ON ONE TRADE (see previous Idea attached)
Current Trade:
Market has formed another Ascending triangle ALMOST at the exact same level (look left) as last breakout.
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NFP didn't move XAU/USD much but, it did give the push up to CONFIRM the Ascending Triangle Pattern. I bought at the next candle AFTER the BREAKOUT
LETS SEE WHAT THE MARKET HAS FOR US NEXT WEEK - FINALLLYYYY NFP IS OVER!!
WHAT HELPS ME:
- Trading 1 pair to get familiar with its characteristics (for me, it is hard to focus on too many pairs... TOO MUCH NOISE)
- STALKING THE MARKET (watching set ups form)
- ALWAYS "RESET" CHART (the circle arrow thingy near the +/- button)
- Back testing, find out what chart patterns appear over and over and KEEP THEM ON THE CHART (helps me identify them FASTER and with BETTER accuracy)
- Mark up the chart on higher timeframes for the BIG PICTURE (helps prevent me from entering NEAR a road block)
- Choose to be a buyer or seller (this helps with which patterns to look for)
- Remove MOST (or all) of those damn indicators (howwww can you focus with all of those lines that contradict and confuse?!)
- Keep your chart clean (helps me spot what needs to be spotted)
- Mark my levels on 2HR/1D/W/M timeframe
- Enter on 15Min/30Min chart
- BE OKAY WITH BEING WRONG
- BEING OKAY WITH THE FACT THAT THE MARKET DOES WHAT IT WANTS
- Not being afraid to LOSE!
VIBE Action Starts Now | Full Trade Inside (Over 132% PProfits)You know what I always say right?
PATIENCE IS KEY!
The first lesson I learned while buying and selling cryptocurrency.
Early on getting started, making an unlimited amount of mistakes and losing money, after a few months (years) of doing it wrong, I realized that just waiting would have been a million times better than buying and selling with no idea of how to read charts, how the market works and how far up or down a crypto can alter...
And here is VIBEBTC (132%), below you can see our full trade from August...
Profits are starting to come in... That's the whole point of this article... Not to collect profits, but learning, knowing and benefiting from knowing and applying the fact that patience is key to win.
So if you manage to build your patience for trading or while trading, it will increase your chances and possibilities to win. You will be able to make better choices and you will also be able to better enjoy the profits that will come in.
Additional Tips for Trading & General
Build a plan (prepare for all outcomes).
Do your own research (if so you wish).
Get started! (when you feel ready).
Jump in & wait patiently (when you are 100% sure).
Hit like. (If you want to show your support or enjoy the content).
Enjoy your profits as they come by selling on target. (always secure profits by selling on target).
And be open to receiving and grateful for every single penny that you receive. (being grateful will bring more into your life of what you are being grateful for...)
It is not the trade, not the altcoin, not the trader, not the amount you put in that will decide how much money you make, how wealthy you can grow to be... It is all about your energy and your own life belief... So start believing that you are Rich if that is what you want to be or start being Rich, if that is what you want to be.
Get up and get started...
Namaste.
XAU/USD BULLS LOOKING WEAKGold Bulls are finding it hard to push pst 1505 (BLUE LITTLE LINE ON CHART SHOWS WHERE TESTED THIS THEORY AND IT HAS GONE DOWN FROM 1505 3 TIMES 2 ARE MARKED)
with the support level being at 1496 i believe we will go to this level again to retest with then breaking the support level and potentially dropping to 1480 zone
Bitcoin / USD | Short Before Breakout.Expect bitcoin to come back to trend line before continuing it's rise up.
Longer stop loss is required while bitcoin is in volatile mode this will ensure your stops are not hit before the re-swing.
Expected down target ( $10k - $10300 Range) If holding here good chance it will rise again.
Lower Estimate ( $9500 - $9800 Range)
Expected Bounce Zone $10377
Dropping Nuggets to Help You Win More in the MarketsIn this educational tutorial I cover key areas to help you succeed in your trading. You will see from my shares that I do capture hundreds and sometimes thousands of pips weekly. Please enjoy this and I hope this helps you as you trade the markets. At the end I give you information on how you can obtain free materials to help you learn this skill of forex trading, namely price action trading and naked forex.