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XAUUSD, pushed by the Central Banks Still in an upward underlying trend, the price of gold seems to have formed a chartist figure, the flag would imply a slowdown in the price since the rise in 2018. 

 The causes of this new rise in recent weeks is the fact that central banks have amassed a large amount of gold during the third quarter. At first, the price could continue its rise up to $1900, then on its ATH of $2070. 

Otherwise, if the price sinks below 1600 points, we could expect a return to the $1500 zone.

OANDA:XAUUSD
by ATM_INVEST
Why you should never HOLD a boring trade - Rule I followGet in and get out in the shortest time possible. This is the science of successful trading. But what happens when a trade turns out to be more like a non-performing investment? When you hold a long-term trade, there are a few issues that will follow including the: Opportunity cost You can find other higher probability trades, instead of having your money tied up aimlessly in a sluggish market. Unnecessary impatience You’ll eventually feel rather anxious and frustrated holding onto a long-term trade, when you are better off trading in a market that is moving. The fake-out With an ongoing trade, the breakout pattern may fizzle out into a low probability fake-out trade (a trade that turns against you). I created a rule to avoid this situation from ever occurring again. I call it a time stop loss... After 7 weeks of holding a trade, exit the trade and look for a better opportunity. Worst case you take a smaller loss than you thought. Best case you take a smaller profit than you expected. But you'll stop holding trades that aren't performing and stop paying daily costs with trading.... Sound good? Trade well, live free. Timon MATI Trader
JSE:J200Education
by Timonrosso
2
GBPUSDGBPUSD: According to monthly timeframe, market is oversold. Market has been at its lowest dated back to 85'. September candle closed with wick rejection bullish (doji candle). market has potential retest of monthly support becoming resistance. Due to the above I therefore believe the market may need a correction before a potential run bearish again. Daily timeframe shows strong bearish trend. Support at bottom blue level, and resistance at top blue level. We are still within a daily ABCD Fibonacci sequence bearish. A break below daily trendline support in September thereafter the market made a huge pullback to 61.8% retracement level. Potential Gartley sequence forming should the market find support at bottom blue level where we can expect the market to begin a rally towards the top blue level for resistance and then continuation bearish for future daily low and future daily fibonacci target. If dollar strength continues one can expect the continuation to play out, if dollar losses strength we can expect a new bullish trend for the longer term. If the market breaks above resistance trendline and does not form the "D" gartley at this level I'll step back and not expect the bearish continuation until further analysis. Of course this is a long term setup, so this could take weeks/ months/ years. But the important thing is getting direction right which will give a trader an edge on the market and to deploy their selling or buying strategy. #Successformula
by TradingfortheFuture_
📖 STEP 4 to MASTER TRADING: Focus on One Pattern 📖 "I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times." - Bruce Lee We, traders, have a natural passion for learning and that’s really great and helps us build that foundation for trading. However, a moment comes when enough is enough and it’s time to focus on something more specific. But very often, we can make the unconscious mistake of trying to learn as much as possible, without even questioning if we really need it at the moment. 🟩 TOO MUCH INFORMATION For anyone eager to learn, the information is there. In fact, too much information, and naturally, it can be hard to stop learning. Sometimes we just feel we need to learn about one more pattern, one more strategy, one more approach. And it may seem that more knowledge will bring quality. And that’s true when you just start trading, however, later in your career, it makes sense to think and ask yourself: “Do I really need one more strategy which I know on an average level, or should I maybe focus on one strategy, or one pattern of any given strategy - and really master it, and refine it to the very deep level of understanding?” 🟩 IT’S UNCOMFORTABLE TO LET GO This part can be discussed for a long time, but based on what was said before, it’s literally uncomfortable for traders to let go of this habit of trying to trade multiple patterns, and learn more patterns in between. I’m not sure why this is so, there must be some psychological reasoning for this, but in simple words, every new trading pattern can be treated by us as a new opportunity to make profits in the market. And so when we stop learning more patterns - it can feel like we’re missing something. And it may seem that the more we trade, the more patterns we can use - the more profit we can bank because we can enter into the market based on different patterns. And while that may be true to some genius traders, for most of us it doesn’t work that well. More importantly - we don’t need to do it. It’s enough to master 1-2 patterns of a given system we believe in and tested, and so have confidence in it. I propose you consider “cutting off” 90% of your trading knowledge and focus only on executing 1-2 patterns max. Think about it. If you’re like me, you should feel really uncomfortable or even scared to do this. It may even seem stupid. Because it means you should let go of all the time you dedicated to learning, and maybe even trading with some systems before. But it’s an illusion because that time and effort - they are not lost, you can’t lose them, they are part of you now, part of your experience, something that led you to finally choose something you will work with really closely. But if you will attach to everything you learned before – this will confuse you and spray your focus all over the place, making it much harder to become a specialized, professional trader. 🟩 FOCUS ON YOUR BEST PATTERN ONLY When the time comes, and you’ve tried several strategies, it now makes sense to stop exploring additional systems and just focus on one system and learn everything about it. For example, if you’re trading head and shoulders, then stop trading double tops and bottoms, break and retest, and diamond patterns. Why? Because head and shoulders are not just 5 lines on the chart, it has numerous variations in how it plays out in the market, in different markets, sessions, and contexts. And you have to know it, see it, test it, and refine it. Become a master of head and shoulders, or any other specific pattern and trading approach, and be profitable with it. And if profitability is there - you can move on to another pattern, but at that stage, you will not need it probably. 🟩 HINDSIGHT TEST, BACKTEST, FORWARDTEST, REFINE It’s a great practice to have a “hindsight journal” and your backtesting journal, that will only be about that pattern you chose to trade. And there could be several reasons for choosing some particular pattern. But usually, it comes from your mentor or anyone else that you saw who reached sustainable profitability with it, and you believed in this pattern. But that would not be enough. You can’t tell your brain - believe in this. You need to actually show and prove it to your brain and to yourself. So you need to backtest this pattern, and only this pattern for at least 150 trades. This will help you to develop real confidence in the system. 🟩 YES, IT CAN BE HARD TO FIND “YOUR” SYSTEM I spent almost 3 years before I really found something I was willing to stick to long-term. Not sure if there’s actually good advice on how to find the system for yourself. It depends on your personality, your lifestyle, etc. Based on my experience, I would say just continue to learn and listen to yourself. Most likely you’ll find some trader or a mentor and you’ll like his trading style. Try to replicate it, and stick to his system. With time, and during journaling and live testing, it will all develop into your own system. Yes, it may look similar to your mentor’s but it will be your system. And once again, a trading system can have different kinds of entry confirmations, but it makes big sense to choose 1 or 2 confirmations and master them. 🎁 For those who are still reading :), thank you, and here’s BONUS trading hack for you. Next time during your trading day, when you'll feel something is wrong, maybe you're frustrated or just feel like your discipline starts to slip away, or maybe even you catch yourself thinking about entering without entry pattern or risk more than usual - realize that's your "monkey brain" stepping in. It's very hard to control, but easy to trick. Here's what you should do. Say to yourself: "Ok, I'll do whatever I like, place any kind of trade with the risk of half of the account if I want, BUT after 20 min. pass." Then you just start a timer (you can google "timer 20 min.") and do whatever you like after that 20 minutes. Usually what happens is you calm down and don't do stupid things. It very simple but effective technique. 🚀Thanks for your BOOSTS and support🚀 💬Send your comments and questions below, I'll be glad to talk to you💬 Dima
BITSTAMP:BTCUSDEducation
by Yelli_trades
19
Build a Trading System in 6 Steps✅ Step 1: Time Frame The first thing you need to decide when creating your system is what kind of trader you are. Are you a day trader or a swing trader? Do you like looking at charts every day, every week, every month, or even every year? How long do you want to hold on to your positions? This will help determine which time frame you will use to trade. Even though you will still look at multiple time frames, this will be the main time frame you will use when looking for a trade signal. ✅ Step 2: Find indicators that help identify a new trend. Since one of our goals is to identify trends as early as possible, we should use indicators that can accomplish this. Moving averages are one of the most popular indicators that traders use to help them identify a trend. Specifically, they will use two moving averages (one slow and one fast) and wait until the fast one crosses over or under the slow one. This is the basis for what’s known as a “moving average crossover” system. In its simplest form, moving average crossovers are the fastest ways to identify new trends. It is also the easiest way to spot a new trend. Of course, there are many other ways traders spot trends, but moving averages are one of the easiest to use. ✅ Step 3: Find indicators that help CONFIRM the trend. Our second goal for our system is to have the ability to avoid whipsaws, meaning that we don’t want to be caught in a “false” trend. The way we do this is by making sure that when we see a signal for a new trend, we can confirm it by using other indicators. There are many good technical indicators for confirming trends like MACD, Stochastic, and RSI. As you become more familiar with various indicators, you will find ones that you prefer over others and can incorporate those into your system. ✅ Step 4: Define Your Risk When developing your trading system, it is very important that you define how much you are willing to lose on each trade. Not many people like to talk about losing, but in actuality, a good trader thinks about what she or he could potentially lose BEFORE thinking about how much she or he can win. The amount you are willing to lose will be different than everyone else. You have to decide how much room is enough to give your trade some breathing space, but at the same time, not risk too much on one trade. Money management plays a big role in how much you should risk in a single trade. ✅ Step 5: Define Entries & Exits Once you define how much you are willing to lose on a trade, your next step is to find out where you will enter and exit a trade in order to get the most profit. ☀️ Entries Some people like to enter as soon as all of their indicators match up and give a good signal, even if the candle hasn’t closed. Others like to wait until the close of the candle. For example, in the chart below, entry was when the candle closed above the resistance line. ☀️ Exits For exits, you have a few different options. One way is to trail your stop, meaning that if the price moves in your favor by ‘X’ amount, you move your stop by ‘X’ amount. Another way to exit is to have a set target, and exit when the price hits that target. How you calculate your target is up to you. For example, some traders choose support and resistance levels as their targets. In the chart above, the exit is set at a specific price that is below the resistance zone. However you decide to calculate your target, just make sure you stick with it. Never exit early no matter what happens. Stick to your trading system! After all, YOU developed it! One more way you can exit is to have a set of criteria that, when met, would signal you to exit. For example, you could make it a rule that if your indicators happen to reverse to a certain level, you would then exit out of the trade. ✅ Step 6: Write down your system rules and FOLLOW IT! This is the most important step in creating your trading system. You MUST write your trading system rules down and ALWAYS follow them. Discipline is one of the most important characteristics a trader must have, so you must always remember to stick to your system! No system will ever work for you if you don’t stick to the rules, so remember to be disciplined. Oh yeah, did I mention you should ALWAYS stick to your rules? ✅ How to Test Your Trading System The fastest way to test your system is to find a charting software package where you can go back in time and move the chart forward one candle at a time. When you move your chart forward one candle at a time, you can follow your trading system rules and take your trades accordingly. Record your trading record, and BE HONEST with yourself! Record your wins, losses, average win, and average loss. If you are happy with your results then you can go on to the next stage of testing: trading live on a demo account. Trade your new system live on a demo account for at least two months. This will give you a feel for how you can trade your system when the market is moving. Trust us, it is very different trading live than when you’re backtesting. After two months of trading live on a demo account, you will see if your system can truly stand its ground in the market. If you are still getting good results, then you can choose to trade your system live on a REAL account. At this point, you should feel very confident with your trading system and feel comfortable taking trades with no hesitation. If you like this content help me grow ❤️🌱 GOOD LUCK ❤️🌹
Education
by parissap
11
AXP - FUNCHARTS - American Express MusingsNote: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome. So much for stock selection, American Express ( AXP ) was the first stock on my list, even above AAPL , and here I was thinking my list was in Alphabetical order, of which my offsider will be quick to point out that I should be using a Mac, not a PC... moving on, What is the best way to trade American Express based on the Technical numbers? There are two tests I run to determine the best way to trade. Firstly let's run the numbers on long term trends. I used the Supertrend Strategy for this. Adjust the inputs so we use a length of 50, thus smoothing out the ATR volatility and then use an ATR value of 6. In layman's terms this means we are running a 6 x ATR (chandelier) trailing stop. When price closes below the trailing the test generates results for entering short trades, and when price closes above the trailing stop the test generates results for long trades. Refer to the performance report below (and be aware there is a drop down menu on the strategy name to flick between the longer term trend following system and the shorter term mean reversion system). Also, make sure you view the Performance Summary, not Overview, we are specifically looking at the comparison between long and short trades. The first test - Taking Long Trades in line with the trend (when price is above the blue line) made money, 274% to be exact with profitable trades 38% of the time, meaning the win:loss ratio at 2.67 had to be favourable, which it was. But wait going short into a down trend (selling when price is below the red line) lost big! 322% to be exact, so historically you made (slightly) more money buying the big pull backs, as opposed to the breakouts but the drawdown was bigger as you get stuck in losing trades. However, what this is really saying is more money was made from Buy and Hold on AXP (historically), as opposed to breaking the market into an uptrend/downtrend regime. The second test - Let's now look at the short term. Again we will use the Supertrend Strategy, this time we will use 3 periods for the ATR length and 1.5 as the ATR factor, thus looking at very short term trends (sub 30 days). Further I have flipped the signals so it buys into a short term downtrend and sells into a short term uptrend. Use the Performance Summary below (not Overview) to take a look at Long Trades and Short trades, the strategy name is Supertrend STRATEGY (with STRATEGY in uppercase, not lowercase). Here buying the dips made money but not much winning 66% of trades with a profit factor of 1.18 (low) so buying short term dips was sub optimal. Looking at selling short term rallies however was very poor, you lost money. If you went short a rally (in the short term, when the close crossed above the supertrend trailing stop and exiting when it crossed below) the resulting loss was 147%. It therefore made more sense to enter long AXP in line with the short term trend, as opposed to entering early and buying the dip. Nonetheless, the result in the short term wasn't staggering either trading either long or short. Given the results were not great on a daily chart either way, I changed the chart to a weekly chart, after all, if you are following so far, you would have seen that AXP was (slightly) better as a countertrend strategy in the longer term. Running the same strategy as in the second test on a weekly graph the results improve significantly, going long on a dip made 172%, winning 82% of the time. That is a great setup, in fact pretty good as a stand along trade. But if you want to run stops and manage risk, rather than being stuck in losing trades for a long term, you could use the week chart as a setup, and then enter in line with the short term trend on a daily chart using the second tests strategy above... Overall the conclusion is you should use a mean reversion strategy (buy the dips) on American Express with a weekly chart, but use a shorter term trend following system to trade it on a daily chart . Where are we now? Well it just so happens that on a weekly time frame the stock is in buy territory according the the Supertrend STRATEGY and on a daily chart is pretty close to a short term uptrend... Did this make sense, let me know if you have any questions!
NYSE:AXPLong
by andrew.gibbs777
CandlesPrice action is a very good way to trade, it produces clean and clear charts, but the clue is in the name... 'Price action' if I made a bot to literally enter every single time a bullish or bearish engulfing appeared Id be broke very fast! this is because these candles by themselves are not as a effective as when used in conjunction with trendlines, moving averages, and supply and demand zones. So remember if using candle analysis be sure to use it with other confirmations to find the best trades... I personally recommend a Volume profile! this is a great tool designed to show orders... Dont you agree that using 'Price' action on areas where price is transacting makes sense? Volume profile measures the orders, and the candles tell you the action. Just a quick and simple post to make you think!
Education
by ZenFlo
Deeper Network DPR Crypto Pattern List List of all Patterns from the start of the DPR Crypto Kucoin listing, the length of time to the fulfillment of the Pattern on a 4hr time frame breakout, and the percent of increase & Decrease of the breakout. Bearish M : 7 Days -16% Bullish Falling Wedge : 1 Day +32% Bearish Two Candle Engulfing: -42% 3 Previous Patterns Formed a Triangle (Pending currently at -84%) Bearish M : 8hrs -18% Bearish Two Candle Engulfing : -28% Bearish Rising Channel : 1 Day 1 Day -20% Bullish Ascending Triangle : 8hrs +12% 4 Previous Patterns Formed a Bullish Inverse Head & Shoulders: 15 Days +15% Bullish Symmetrical Triangle : 2 Days +24% Bullish Falling Channel : 2 Days +24% 4 Previous Patterns Formed a Bull Flag : 3 Days +47% Bearish Rising Wedge : 31 Days -17% The Previous Pattern Formed a Bearish Pennant : 57 Days -32% Bearish Pattern Formed 3 Triangles within themselves : 20 Days -35% Bearish Triangle: 4 Days -48% Waiting for a New Pattern to Form now
by C-J_
Do You Have an Edge in The Market?Hello, traders! Have you ever wondered why it feels so hard to be consistently profitable in trading? If you have, It's okay. You're not the only one In fact 90% of traders lose money consistently. What have they done to deserve that? This is what 90% of traders do: - looking for holy grail strategy - when it fails, they jump to other strategy - they never verify the strategy by doing their own research (back testing, forward testing, live account demonstration) - rinse and repeat With this mentality, they've become jack of all trades and masters of none. They took every possible opportunity without knowing the probability of the outcome. With so much strategy in their mind, the trading outcome become random and haphazard. If you include the emotional damage factor, this approach in trading will bring negative equity expectancy in the long run. Instead of jumping from one method to another, ask yourself this question: 1. What specific method do you use? 2. What timeframe? 3. What kind of market work with the method? 4. How many sample do you have in your back test? 5. How much is your average win rate, risk reward? The clearer your answer, the better. It will give you more confidence in your strategy execution. You'll also be calmer when losing streak comes. Less emotional damage = better outcome and more consistent result. Here's an example from one of my backtest (not a recommendation to use my method, please do your homework): 1. What specific method do I use? In this example, I use trend continuation chart pattern (mostly flag, rising/falling wedge, pennant, symmetrical triangle). I use ema200 as filter. If the price is below ema200 I have sell bias. If the price is above ema200 I have buy bias. So if I see bullish chart pattern while the price is far below ema200, I won't take the trade I add MACD as momentum indicator. If the setup accompanied with MACD crossover, it shows momentum shift and good potential entry point. 2. What timeframe? I use m30 timeframe in this back test 3. What kind of market work with the method? I tested with best results in JPY forex pairs (especially AUDJPY, GBPJPY, CADJPY) and AUDUSD 4. How many sample do you have in your back test? in GBPJPY I have collected 110 trade sample with the same method from January 2021 to December 2021. (I recorded the screenshot of the back test too) 5. How much is your average win rate, risk reward? In those 110 sample, I got 72 wins and 38 losses with 1:1.5 risk to reward ratio. This means I have about 65.45% win rate. So this system gives me positive return expectancy based on the back test. After you've answered these 5 questions, you can do forward testing with a small account (if you want to use demo account first, It's okay. But take into account you won't experience the emotional factor). Record your trading result until you've gathered enough data and you feel comfortable with the result. Congratulation, you've got yourself a proven strategy that you're comfortable to trade with. After that, all you need to do is be so good with that system until it becomes very intuitive to you. Stick to one method and become the master of that method. Just as Bruce Lee said: "I fear not the man who practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times" Don't be lazy and do your homework dear traders!
Education
by financialfreedomgoals101
2
The PIK Trading Strategy & Key Lessons for Day Traders!Hey Traders! Happy Sunday! In this video, which ends a little earlier as I didn't know videos have a limit, we go over a few key points, starting from the PIK trading strategy which you guys will hear about much more over the next few days, mindset, motivation and guidance is covered too! When it comes to the PIK trading strategy, we go over the indicators that are used, price action and key levels! The video isn't our best one, but it does have plenty of value and we hope you enjoy it! Thanks and all the best!
OANDA:DE30EUREducation
by PrimedGroup
How to look for Shorts in my Trading System (GOOG Double Top)Hello guys, welcome to my first Trade Idea published here on Trading View! Right of the bat I apologize for if my english was hard to comprehend at any time, feel free to leave questions down in the comments if there's something you haven't understood. As to the idea, it is based on my very simple trading system, in which I do as follows: Look for congruences between the EMAs, my RSI Zones indicator and my personal technical analysis of the chart, to find important supports and resistances . Look for Price Action patterns near the support or resistance, such as Double Tops or Bottoms, Pullbacks after the breakout of a pattern, or Inside and Outside Bars. Try to find congruent fibonacci measurements that point to the same price target. (In the video I give examples of how to draw targets from pivots and flags, in that order) Then I just look for a previous high for my stoploss, and enter the trade! It might take a while to get used to, but I find this system very reliable and simple. As it doesn't generate a huge amount of trades, it also helps me keep my risk managent and trading psychology under control. Hope you liked it, and if you did make sure to like, comment, and check out my RSI Supply / Demand Zones indicator!
NASDAQ:GOOGShort
by GioLucaas
1
The bulls took over the market in EUR/USDHello everyone :) I hope you are all doing well. I wondered which is the most interesting instrument suitable for analysis this week and concluded that it is definitely EUR/USD. Cristhine Legarde surprised the market last week when she did not rule out an increase in interest rates this year (although it could be in the last quarter of the year, but it is still very unexpected from the European Central Bank). Inflation in Europe is spiraling out of control and everyone understands that, so the ECB must do something about it. This was a very pleasant moment for the EUR, which showed great performance last week and really strong growth. When it comes to the technical picture, we can see a strong bull candle representing last week's activity This is a weekly chart and we can see that RSI shows bullish divergence while MACD is just truned bull, but the pair has to do some retracement and this may be our chance to go long. One more thing, if we include the Fibonacci retracement in this analysis (which you can see in the chart), we can see that the pair is on a retracement of 0.618 and is closed above that level, which may be another argument for the bulls. I wish you all a good trading week :)
Long
by merjemascerija
Components Of A Mechanical Trading SystemMechanical trading systems are systems that generate buy and sell signals according to a specific set of rules that have been programmed in the system. It replicates a trader's trading plan and can also send buy and sell signals directly to exchanges. The components of a mechanical trading system  include: - Entries - Entry Stops - In-Trade Stop - Filters - Hard Exits - Pyramiding - Risk Management - Circuit Breaker - Alerts Entry: These are specific rules or conditions that must occur before a buy order is placed in the market. A good entry must not repaint and must have an exit. An example of an entry condition could be  -> buy when 50MA crosses over 200MA;  sell when 50MA crosses over 200MA. Entry Stop: An entry stop is the same as a stop-loss. This rule contains logic that stops a system out when the market moves against the entry signal it generates, the best place to place an entry stop is outside the normal fluctuation of price movement and one of the best indicators to do this is the ATR indicator. Entry stop is a useful method for managing risk. In-Trade Stop: There are several types of In-Trade stop raging from break-even to trailing take profit... In-Trade stop such as trailing take profit are rules within a system that helps us squeeze a little extra profit from the market. Filters: Filters are used to prevent false signals and make sure that your entries align with a favorable market condition. A good filter should adapt to the changing market condition and increase profit. Hard Exits: Hard exits are rules that tell a mechanical trading system where or when to get out of a position and make money off the table. Exit can be considered as taking profit level. Pyramiding: Pyramiding is a kind of entry strategy for stacking up an order when a system triggers a buy or sell condition more than once. Pyramiding is good for capitalizing on strong trends. It can also increase a systems risk because it creates room for more positions to be opened in the market. Risk Management: This can also be considered as position sizing. Essentially, this is how your system spends your money and it is the most important part of any trading system, your system should not risk more than 1-2% of your equity on each trade. Circuit Breaker: Circuit breakers are temporary measures that halt trading to prevent your equity from dipping down to zero during market crises. Alerts: The most interesting thing about a mechanical trading system is that it can be automated by setting up alerts that send buy and sell signals to exchanges. Portfolio Composition: Building a profitable mechanical trading system requires simplicity and diversification which is achieved by building a portfolio of uncorrelated assets. Your portfolio should consist of both trending assets and mean-reverting assets.
BINANCE:ROSEUSDEducation
by KhingKhaleb
2
EURGBP I start the week in a sell ⤵️👍Morning traders here's to a new trading week. We start the week with a EURGBP short which has been live since 8:30 UK time POW reversal strategy in use here for this trade. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue arrow is entry point and purple line is stop loss. Previous trades can be seen on chart to and a few of this were covered in ideas last week. The last trade was covered on Friday and can be seen below. As with every idea trade history and log can be seen at the foot of this trade idea too for full transparency. The report box tabs when pressed it shows all you need to know about the strategy performance. You as the viewer of this idea can also do that so go ahead and have a play. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
Short
by pow_removetheguesswork
EURAUD long presents POW reversal strategy in use here for this trade. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous trades can be seen on chart also. As with every idea trade history and log can be seen at the foot of this trade idea too for full transparency. The report box tabs when pressed it shows all you need to know about the strategy performance. You as the viewer of this idea can also do that so go ahead and have a play. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
Long
by pow_removetheguesswork
1