I am waiting for my good luck So far so good, it look like if Matic price is waiting for my good luck to work out as first wished,
and I might be able {in a couple of weeks} to buy my ONE MILL Matic by the end of this month. ...
Hoping that by DEC. 2020 I will have enough profit there as to say Good bye for a while.
This is what I like about The Market:
It doesn't matter how much you hope or wish for,
the bloody thing will go its own way.
Waiting
All it means is: That the money coming in is less than the bulk going out, with MATIC... it is impossible to predict anything, it seems to dance at its own music at this low levels.
AUDUSD waiting signalAUDUSD pulling back to the support zone it did not break before shooting up
If it breaks that zone, the signal becomes invalid.
GBPJPY waiting for breakoutflag partten has been formed, a breakout will be a confirmation for a buy or sell
USDJPY waiting BUY signalTendency => upwards
USDJPY loosing its momentum after it has reached its resistance zone and therefore going back to re-test the support zone before shooting up
Stoch confirming that USDJPY has been overbought
Why are you failing? part 3 Money ain't a thangHave you ever had one of those days where everything was going right? You waited for the right setup, you had great position size, and everything went perfect.You made some great money and you feel so good about yourself. You start to think you’re a genius.You start doing the Mcgregor walk and screaming money ain’t a thang.This then leads you on into breaking all the rules like not waiting for the right setups! After that win you start telling yourself well what if I can do this at every hour I would be rich in no time.This can kill your trading account ,and over trading could be one of the reasons why you may be failing.
Quote: "If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring." -George Soros
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Waiting signal on EURNOKif the EURNOK manages to break its major resistance zone at 9.87311 then it will be a buy until its previos major resistance zone at 10.03895
or if it is rejectecting that level and giving any reversal sign then we can sell.
Waiting sell signal on EURNOKThe EURNOK shows that is it on a downtrend on daily timeframe
Therefore I am expecting it to touch the outer trendlin since the inner trendline has been broken meaning it is going to re-test on the resistance
zone at 1.74046 and should make a touch on the outer trendline.
Let it fall - on a day chart we are bearish
- currently we see a sideways market
-we could get a bounce off the support line
- Market turned at this level previously
- Circle market in blue is an area of interest.
- Things to look into would be CADJPY as these pairs act the same to an extent
Check out the analysis of CADJPY
SPX Vs. Gold. Comparison If SPX is moving higher, i will be looking at a Short position in gold.
The same apply to the the declining price of the SPX, i will be looking for call positions for gold.
Levels to look for here is the 1350-1360, 1280 - 1300.
Right now, i see a fall in risk appetite, and therefore a rise in gold. Waiting for the right timing to enter a long position on gold. The price could rise for the SPX to test the highs, before we could see downturn. While gold prices could also decline to 1280, before moving upward.
Will update when the time is coming :)
Also look for the US10Y. A falling Yield indicates more influx of money to the bond market and less for the stock market.
The Loonie in troubleIn this screencast I show how waiting for a key position in the market is good idea. As I always say, 'Stalk 90% trade 10%'.
The CAD - often referred to as 'the Loonie' (not by me) has been in some trouble across many currency pairs. I'm not interested 'why'. All I care is where the trend is going and key areas of opportunity and probability.
As strange as it sounds, not trading is actually a winning strategy. So for newtraders especially, don't feel that if you're not in a trade that you're missing something. You are actually wise.
EURJPY Anticipating further downfallWaiting for the test of support and fib. if it breaks, wait for hour candle to close first and assess best entry point.
Short EMA analysis. Waiting another DIP.Too away from EMA 20 so it's going to correct and dip, gonna wait one more week or two to buy on another dip and HODL
LTCUSD - When to stay out of the marketSo LTCUSD appears to be in the B-wave of an ABC-correction after it's first wave downwards of the last wave 5 of a higher degree. We completed a clean impulse wave up from $75 to a little over $80 as a wave A, and are now in a corrective B-wave inside a corrective wave 2. At least, that's what it looks like at the moment. Trading corrections is tricky enough as it is, but trading a correction in a correction is definitely a moment to stay out of the market as far as I'm concerned.
For the time being, I'm happy to let this B-wave unfold and see what it ends up like. After that, we'll have one more move upwards I think to the area of $82,50 - $85 before we go into the third wave of wave 5 on a higher degree which should get interesting and full of trading opportunities. Remember, the trend is your friend, and you trade corrections at your own risk. The present B-wave could unfold into a variety of shapes, after all.
Time to sit on my hands and wait!
FB waits for earnings reportThe fact whether the scandals have affected the earnings of FB has been on many minds.
Basically there are two options. Have or haven't. I doubt that there is a neutral way.
So the stock is set to drop or surge on 25.04, when the earnings call occurs.
If you look at the chart, you can spot an almost horizontal channel - that represents the waiting.
I have set this as a short, as I have a small size option on this one. I think that earnings might be smaller because of the fact that FB cut ties with all firms, which were buying data like Cambridge Analytica. However, they might belying as they have about almost all else and or the sheep will still buy the stock just like during he hearings, where nothing was said and actually revealed, but the stock surged.
The sure thing is that this will be interesting.
USDJPY waiting for the long sniper shotAs you can see the price broke the resistance trendline and i think its on its way to retest the broken trendline. i will be waiting for the retest and the go for a long.
my needed confirmations are an engulfing bullish candlestick on the 4hr chart.
eurusdlong term trend is bearish but in short term(4H) is near the weak support
you can sell stop with breakout the support
