GBPJPY long opportunity 💪🙌Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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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.
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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.
Tradingsystem
I'm in GBPAUD longs is anyone else 🤔🙋♂️This trade I've been in all morning is starting to move.
Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
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.
NZDUSD long is live 👊📈Entry details are shown on the chart.
Working the M30 time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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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.
Anyone else in EURAUD shorts 🙌🙋♂️Entry details are shown on the chart.
We are working the 30M time frame on this strategy.
We're only looking for the green line which is take profit target.
Trade label has entry details and purple line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
Previous two trades can be seen on chart.
The last one hit SL but that is part trading.
Previous one to that banked good profit despite not quite making TP before next trade presented.
Lets see how this one plays out 🤟
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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.
BTC/USDBTC ANALYSIS
Dominance of Bitcoin made a strong spot for good entry
we are at bullish so a new moon in market is expected soon
1- This pattern likely monitories the next spot which could breakdown the resistance of 2.98%.
2- Breakout upward then we can see more correction in altcoins and dogeusdt
–Mostly Dogecoin consider entry this period
–this pattern usually bearish ( bearish angles )
So the dominance is more likely to breakdown according to this informations we can have good green days in altcoins
Use risk management and be ready for all scenarios
Dont forget likes and follow for more ideas and signals
Best of wishes ❤️
DXY approaching downtrend and ares of sell pressureHere we have the DXY on the daily timeframe and as you can see we have a daily downtrend and also we have made contact with a significant level of sell pressure. where will the DXY go with inflation now at an all time high? only time will tell. what we are going to do is monitor this closely and wait for either a break to the upside or to the downside, this will determine the overall direction of this and also the USD on every other currency pair. for now we do nothing but wait and see what happens over the next few days.
AUDUSD long in progress 👍📈After a successful short our script has now alerted a long trade overnight.
It's ran close to stop loss but has now started to gain some momentum
I automate my trading so have been in this one from the start.
Lets see how this trade plays out.
Entry details are shown on the chart we are working the 30M time frame.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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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 oppotunity on GBPAUD ✌️👍Our reversal strategy has alerted this trade on GBPAUD working the 15M time frame.
Entry details are shown on the chart.
We're only looking for the green line which is take profit target.
Trade history can be seen below this trade idea too for full transparency.
Previous trade shown on chart.
------------------------------------------
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.
Show of hand from those in NZDUSD shorts 🙌🙋♂️Entry details are shown on the chart.
This trade has been running since this morning.
Slight retrace but still progressing.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
Anyone else in shorts and holding overnight? I'll be letting this one run it's course.
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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.
EURJPY short valid 👍Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
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.
✅SELF EXPLANATORY PULLBACK TRADE SETUP✅✅ SELF EXPLANATORY PULLBACK TRADE SETUP ⤴️
- GOOD BUY ON CHANNEL'S SUPPORT OR DEMAND ZONE.
- DRY VOLUME ON SELLING.
- SL ON CLOSING BASIS : 1690.
- LEVELS
- DEMAND ZONE : 1800-1860
OR
- BUY WHEN PRICE COMES AT CHANNEL'S SUPPORT
- SL ON CLOSING BASIS : 1690.
🚫This is only for Educational Purpose 🚫
➡️Consult Your Financial Advisors Before Taking Any Trade💻
GBPAUD long find momentum 📈💪Working our H1 GPBAUD strategy here.
Last sell hit take profit target and now today's long is starting to gain traction.
Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
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.
GBPNZD short in progress 👍💪Morning traders.
Late last night our GBPNZD strategy presented a short trade.
I automate my trading so only know when looking upon waking up this morning.
Trade is progressing well a few hours in now.
Entry details are shown on the chart.
We're only looking for TP3. Which is 82 pips.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
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
ESSENTIAL FOREX TRADING CONCEPTS YOU SHOULD KNOWI want to start by talking about something that I frequently see when trading and “how-to” trade is being discussed. The concept of trading having to be simplistic and not too complex, that the simpler your trading is, the better. Having a simplistic approach to trading is not realistic; you must balance trading between simplicity and complexity. There’s a reason why 90-95% of “trying-to-be-traders” never become or will be consistently profitable. Think of it in terms of having data; if you have limited data, your system or edge won’t be effective. Most likely, it will be random. But having too much data and information can be overwhelming and too confusing to do anything with it.
So the question becomes, how do you balance your trading approach between simplicity and complexity? We do this by understanding that trading falls into three categories. And by knowing the components and elements of each category, we can define the way we trade so that our decision-making and observations are guided by objectivity. Basically, a well-formed trading setup consists of these three elements.
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RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Information provided when a trade is valid to enter...When a trade is valid, our strategy prints ALL the information you need on the chart, all information printed are as follows:
- Trade entry price
- Stop loss with pip amount
- Target profit with pip amount
- LOT SIZE
- Risk capital for that trade
- Visible stoploss and takeprofit line
theres nothing we haven thought of to make your life easier when it comes down to trading on a day to day basis. oh, and it can be automated ;)
Microsoft trade after the Microsoft earnings a few weeks ago we was looking for a long on this stock, we finally had an opportunity to pull the trigger once price broke previous high, then we placed a buy limit order and it was triggered a few days later. since we have seen a move to the upside hitting our tp1 where we was able to take a bit of profit and put our stop loss to entry. we are now removing our take profit 2 and letting this ride once it breaks the upper level of sell pressure as we will see an impulse move so we will trail our stop loss.
When Can I Become a Full Time Trader?One question that constantly comes up, and understandably so is, When Can I Become a Full Time Trader? Being a trader is like running a business. You are the manager / owner / operator of "You, Inc." How much capital does it take to run your business? What's your monthly P&L? How much money do you need to have in "float" in case of emergencies (like, oh, I don't know, a global pandemic that sends the price of everyday items skyrocketing?)
If your goal is to become a full time trader, where trading is your primary source of income and provides you with all of your material needs for now AND the foreseeable future, do you have a PLAN on how to get there? Do you know how much capital you need and / or what rate of return you need from your trading system and / or how many trades on average you need to generate your income target?
Let's figure out how much Monthly income you need. First, take your monthly expenses. Include things like rent or a mortgage, a car payment, utilities, gas expenses for your car, etc. and total them up. Second, take all expenses that might be annual or irregular and put an amortized amount each month into a separate checking account for when they come up.
For instance, HOA fees may be billed semi-annually. You may plan on a vacation every year. You may have to replace a major appliance every 3 years. Factor all those expenses and what it may cost as a monthly savings plan and put them into that account. These expenses would come out of that account without touching your monthly income. For example, it's easier to pay $69/month in expectation you will have to replace your fridge, stove, or set of tires every 3 years than to have to come up with an unexpected $2,500 when the fridge dies on you.
With these initial stats, you know how much you need to make a living trading... just to break even. So, what does the responsible business owner (trader) need to do? DOUBLE that number so you are putting an equal amount in savings (for a rainy day / a down month / or the "nest egg") and factor in taxes, say an additional $35% in the United States - the top tax bracket. This final number is what you should comfortably want to make to consider yourself financially free – not dependent on ANY source of income except for your efforts in trading.
Now, given how much money you want / need to live on, what type of trading performance against what amount of capital do you need to achieve this monthly desired income? How much capital do you have in your trading account? What is the Win Rate of your current trading system? How much money do you earn on each winning trade and how much do you give back to the market on every losing trade? Finally, how many trades on average does your trading system find for you each day given the hours you work your trading business?
Let's assume you have a $20K trading account, and you trade using the 1% Rule of Risk Management and the 3R rule of expectation – your Reward-to-Risk Ratio. Let's also say that your trading system is able to locate two trades per day during the timeframe that you are "working" the markets and your Win Rate is 50%. So, if you you win one trade and lose one trade each day, winning $600 and losing $200, you are netting $400 for the day. Multiply this by 20 (the average number of trading days in a month) and you will have an estimate of what monthly income you can generate from your trading account.
An important question is then, "How many trades might you take per day?" For example, during one backtesting period I found that my trading system, Sabre, generates an average of 11.7 trades per day in the Futures Market on the 1-hour timeframe. If you decided that you would be trading Sabre for four hours per day, say from 5-7 in the morning and 8-10 at night, it would pull up an average of 2 trades per day.
Once you are armed with all this information: Your trading account size, your trading system win rate, your trading hours and trade frequency, you can calculate how much income you may be able to generate from your trading system given that all things go according to plan. And as Hannibal Smith liked to say, "I love it when a plan comes together!"
Once you run the calculations, if you run short of what you would like to earn, you can now determine what action(s) you might want to take to get you closer to your goal in a quicker timeframe. For example, if your win rate is 30% with your current trading system what would it take to get it up to 60%? Do you need to check your psychology? Are you constantly leaving money on the table? Are you fearful of entering trades that you should have logically had no problem getting into? Should you join a trading group that is experiencing a level of success you want to achieve to help you overcome any technical or psychological hurdles?
Mechanically, if your trading system is not giving you the number of trades necessary to reach your income goals, what can you do? Perhaps you can go down a timeframe. Theoretically, if you are finding 2 opportunities per day on the 60 minute timeframe, you may be able to find as many as 8 opportunities per day by going down to the 15 minute timeframe. Maybe it's about capital: If you have a $5,000 account you might find a way to put another $10,000 in there and instead of having a $50/$150 Risk:Reward ratio with a $5,000 account you could have a $150/$450 Risk:Reward ratio with a $15,000 account. One way to grow your account is to never 'withdraw' by keeping all profits until your account reaches the 'critical mass' necessary to generate the required income. That's the beauty of exponential growth!
Additionally, perhaps you can add a second trade strategy to your mix. If you are a Supply-and-Demand trader maybe you can find a breakout strategy to take advantage of additional opportunities. After developing Sabre, my trend-trading strategy, I developed what we call the Clubhaul: a counter-trend strategy. Now I had 2 different strategies, increasing my daily number of opportunities to find successful trades. Having access to multiple trading strategies is like the handyman with three different hammers or multiple sets of screwdrivers: They each do a specific job under specific conditions, and it's not always the case that "one size fits all." What goes for the handyman's toolbox, is also applicable for your trading toolbox.
To get to where you want to go you need to know where you are starting from. As G.I. Joe says, "Knowing is half the battle." So hopefully you can create yourself a spreadsheet and crunch the numbers and you can see (1) where you currently are in your trading journey (how viable is my trading plan, how much capital do I have, what hours will I be working the markets) (2) where you want to be ultimately (how much income do I want to generate on a monthly basis, how much capital do I need to consistently generate that income, and which strategy(ies) will get me there? and (3) what I need to DO to get from where I am to where I want to be.
Trade Well!
Are you a champion hopper? 😬🙈Morning traders.
I started yesterday morning by posting an idea with the phrase below.
'Lets start the morning with everyone's favourite! Gold'
Well I'm kinda doing the same again this morning but this time it so we can all have some more food for thought at the breakfast table instead!
Now here me out, I have drawn the two graphs in this mornings idea on the same gold H1 strategy chart I shared yesterdays idea from.
The comment section was a good mix of feedback, some miffed at the stop out possibly and others very realistic in the reality that stop losses occur in trading.
For this strategy yesterdays stop loss means we now have 5 losses in a row. But I wont be hopping off to another method or style either.
90% of traders get spooked at the first sign of a losing run and jump to the next strategy.
Why will I stick with this strategy for gold on H1? Because of probability being factored in from the back tested data available.
Hand on heart how many people out there actually back test a strategy?
You can't plan for probability in your risk management if you have no data for your strategy.
Transparency when sharing ideas has always been key for me and strategy test data is always included in my ideas just as the H1 gold data is at the bottom of this idea.
This leads me back on to the graph drawings in this idea.
The one on the left is the last two weeks of data for this strategy the one on the right is the last two years! Growing capital takes time.
Losing runs are part of trading the growing capital part comes from trading a strategy with a proven edge.
If you have a proven system why hop on to another one?
I'll end this idea with a great quote from Steve Burns.
'10% of successful trading is creating a system with an edge. The other 90% is following it'
Enjoy your day traders.
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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.
Thank you.
Darren
Do you fell stressed with trading? 😒🙎♂️😰I want to start the morning by not posting a usual trade idea setup.
But to talk more about the methods I now use for my trading and how they have alleviated negative feelings which can occur with trading.
A while ago I opted to switch to an systematic objective based approach for my trading.
This was down to numerous factors which you will find on the drawings in this idea.
Since adopting a objective based approach with set rules coupled with rigours back tested strategies.
All of the subjective traits you see on the left of the idea drawing have disappeared.
And all of the objective based traits seen on the right idea of the drawing have now become the norm in my trading life.
When laid out in the drawing of this idea it's hard to think why you wouldn't adopt these behaviours to your trading.
I hope this gives you all food for thought as we start we the trading day.
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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
Who's caught the DE30 drop this morning 🙌😀Have we all caught the DE30 drop this morning?
The strategy in use has.
Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
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.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
The stats for this pair are shown below too.
Thank you.
Darren
Anyone in EURNZD sells 🙋♂️🤞Entry details are shown on the chart.
Our strategy picked this trade up two days ago and it has now started to move.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
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.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
The stats for this pair are shown below too.
Thank you.
Darren