Free signal XAUUSDI recommend you to sell Gold at this levels as you can see we have a nice price action we have a good pullback on key level so it looking for continue pushing down
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Time Frame in Charts is the Key of Success in Tradingin this video we try to make you understand the importance of right Time frame in charts for your trading
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Why Do You Need a Trading Journal? 📝
Hey traders,
📖 Trading Journal is a crucial element in your trading education.
Even though the majority tends to neglect it, in fact, it is considered to be the essential part of a daily routine of a professional trader.
In this post, we will discuss why you should keep a trading journal & how it enhances your trading performance.
Let's start with the obvious:
✍️ Trading journal is applied for recording your trading positions:
winning and losing ones.
With that, you can monitor your current performance, identify the mistakes that were made and examine your decisions.
❌ Analyzing the errors you learn your weaknesses & the situations when it is preferable not to trade. You adjust your trading strategy accordingly in order to avoid similar mistakes in future.
💪 Examining the winning trades you learn about your strengths.
You identify the trading instruments, the trading setups where your strategy reaches the highest accuracy.
⚖️ Working with the numbers you can measure your investing exposure and calculate your account drawdowns. You can analyze your losing streaks & your long-term/mid-term/short-term account statistics.
📈 Analyzing the figures you can measure your progress over time by comparing your current results with the old ones.
😡 Keeping the record of your emotions, you can measure & quantify the psychological element of your trading. You may calculate the percentage of emotional decisions being made and their effect.
🌟 Consistent journaling makes you disciplined. It teaches you to strictly follow the rules of your trading plan & constantly learn from your mistakes in order to hasten the path towards a more disciplined and profitable trading career.
A trading journal should be simple and tailored to your specific trading style and the goals you would like to achieve.
I hope that my words will inspire you to keep a trading journal!
Do you have the one already?
❤️Please, support this idea with like and comment!❤️
GOLD vs USD/JPY: some correlationsHi Guys
as alaways please find below the "correlated" moves on USD/JPY but in the opposite direction:
For potential opportunities please also view the related ideas linked below.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Japanese Yen vs NikkeiThank you for following and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
DXY: just a snapshotHi Guys,
this is an update of what I posted last November (related links below).
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Japanese Yen: just a snapshotHi Guys,
this is an update of what I posted last November (related links below).
Thank you for following and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
USD/JPY vs GOLD: following some correlationsHi Guys,
here is the link to the moves made by Gold in the same period.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD vs USD/JPY: following some correlationsHi Guys,
here is the link to the move made USD/JPY in the same period.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD vs USD/JPY: some ideasHi Guys,
Looking for opportunities using inverted correlations between Gold and USD/JPY.
The idea is that when US dollar weakens, money flows into safe heavens like Gold and Japanese Yen and this is why their moves are inversely correlated.
In the above scenario Gold is temporarely topping at A because USD/JPY bottomed at 105 on Jan.3rd. For 2 weeks the precious metal ranged between 1298 and 1275 (support B). The fact that Gold is overtaking A means that Gold may be still looking to top higher than 1300. However Gold was supported at B therefore USD/JPY must be topping with a B too.
This post is a follow up of an idea posted on Jan 11 and already updated on Jan 16 (links to related ideas below).
Here is the link to the moves made by USD/JPY.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
USD/JPY vs GOLD: some ideasHi Guys,
Looking for opportunities using inverted correlations between Gold and USD/JPY.
The idea is that when US dollar weakens, money flows into safe heavens like Gold and Japanese Yen and this is why their moves are inversely correlated.
In the above scenario USD/JPY made a clear bottom at 105 on Jan the 3rd. The move has been so fast that economists labelled it a flash crash. Yes it was. But it was also the signal that USD/JPY was bottoming at 105.
On the opposite, 1300 could have been a nice top in Gold. But Gold never got to 1300. It arrived at 1298. For 2 weeks the precious metal ranged between 1298 and 1275 (support B). The fact that Gold is now overtaking A means that Gold (in its process of topping) may be still looking for a top higher than 1300. Be careful that this does not mean that USD/JPY will go lower than 105.
This post is a follow up of an idea posted on Jan 11 and already updated on Jan 16 (links to related ideas below).
Here is the link to the moves made by USD/JPY.
USD/JPY vs GOLD some ideasHi Guys,
Looking for opportunities using inverted correlations between Gold and USD/JPY.
The idea is that when US dollar weakens, money flows into safe heavens like Gold and Japanese Yen and this is why their moves are inversely correlated.
In the above scenario, when the pair made A on Jan 3rd (a clear bottom), Gold made A (a potential top). Gold ranged between 1298 and 1275 for 2 weeks and now seems overtaking A looking for an A higher than 1300. Be careful that this does not mean that USD/JPY will go lower than 105 (Y). It just means that from B USD/JPY may come back a little bit. It depends if Gold moves higherr than 1300.
This post is a follow up of an idea posted on Jan 11 and already updated on Jan 16 (links to related ideas below).
Here is the link to the moves made by Gold.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
USD/JPY vs GOLD: croc closing its jaw?Here is the link to the croc mirrored on Gold:
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD vs USD/JPY: the croc upside down?Here is the link to the croc made by USD/JPY
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
EUR/JPY vs USD/JPYHi Guys,
in 2017 EUR strenghtened vs JPY whilst JPY strenghtened vs USD.
in 2018 EUR weakened vs JPY whilst USD strenghtened vs JPY.
The bearish move made by both pairs on Jan 3rd, 2019 was due to JPY flash bullishness. What it means is what I am going to find out.
Here is the link to USD/JPY
Use your brain and be carefull. Good luck with your trading everybody.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
DXY vs EUR/USD some considerationsHi Guys,
the fundamental driving this scenario is Trump's Presidency and the assumption (maybe wrong) that he wants a weaker US dollar.
X) is the end of 2016 when Trump takes office at the White House. DXY starts to fall and bottom at the beginning of 2018 when A) is formed. From A) the index starts a retracement into US Mid Term Elections to make B).
Is B) the top of the retracement or DXY will extend above B)?
Looking into EUR/USD for clues I've noted that the pair marked a Pivot at B). DXY did not mark any Pivot at the level of B).
In addition to this, following today Draghi's press conference, the EUR weakened further towards B) which I was supposing to be a top in DXY and a bottom in EUR/USD.
Here is EUR/USD mirroring DXY.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
USD/JPY vs EUR/JPYHi Guys,
this is the same structure I used for EUR/USD and DXY. Same SMA, Pivots, timelines, RSI.
Whilst EUR/USD and DXY makes very similar moves but in the opposite direction, USD/JPY is different.
Just a note: it is important to know that JPY is inversely correlated with NIKKEI.
Here is the link to EUR/JPY
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
EUR/USD mirroring DXY
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
USD/JPY: I found the eyes. LolHi Guys,
finally I found the eyes of the inverse crocodile pattern made by Gold.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
USD/JPY vs GOLD: inversely correlated movesHi Guys,
all day that I've got this crocodile in my mind and trying to figure out how it could affect Gold's movements.
If US dollar weakens the crocodile may shut its upper jaw and drive Gold up a little bit.
Let's see how the charts unfold.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD vs USD/JPY: inversely correlated movesHi Guys,
this is the price action that lead to a similar formation but inverted on USD/JPY.
They move like this because they are considered safe heavens vs US dollar.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
DXY: A to B -> Bear Rally?Hi Guys,
X) is when Trump's presidency begins.
At the beginning of his mandate Trump wanted a weaker US dollar. In 2017 the greenback has fallen from 103.65 to 88.25 to form A).
So, if you think that Trump's presidency is genereting a bear market for the US dollar, than A) to B) may be a Bear Rally or period of distribution that topped at the end of 2018.
If you click on the following chart you will see that in 2018 DXY retraced 0,5/0,618 Fibinacci of the move down made in 2017.
And there are still 2 more years of Trump to go.
Here’s where things stand two years into Trump’s presidency according to CNBC: www.cnbc.com
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
DXY vs EUR/USD: some moves
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
