EURGBP makes it 2 out of 2 🤟🏻🤩🎯Quick update on the trade idea covered earlier on today.
EURGBP sells closes as TP3 is hit.
That makes it 2 out of 2 for this strategy.
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.
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
Winningtrades
GBPUSD sell hits TP overnight 😍🎯Morning Traders.
Couple of choppy trades before seeing this one land overnight.
But sticking to a proven plan is key and this pair soon returned to form.
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.
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 and this one is a strong perfoming pair for us.
Thank you.
Darren
Litecoin on the rebound! Time to buy the dip as we've recovered.It's buyback time for Litecoin as the recovery is in full swing. The best part? Bitcoin is nearly double it's All Time High from the last bull run and we aren't even close to the All Time High of Litecoin. With plenty of room to run and a healthy market, the future is looking bright for this OG coin.
TradingView - Pullback Strategy with 89% Winning Rate Hey Guys,
I would like to show you my Pullback Strategy. As you can see below, the winning rate is 89% which is pretty good. I realized that the best market for this strategy is the index market, like DAX , NASDAQ, S&P500 etc.
I have not so much experience with backtesting results. Therefore I want to post it here. Maybe someone can tell me if the strategy is good enough to trade with real money.
Please, let me know what you think! :)
Gold +6 Profits - Next Setup!After a successful week of 6 profitable trades & one breakeven we view our next position on XAU.
Are you can see there are a few factors affecting the current price of Gold.
1) H&S
2) Descending Channel
3) Strong support & Resistance
4) Critical News
The best approach to trading these levels are wait for a confirmation run in either direction. The target is our green boxes.
1) Look for a 1820 Support break
2) Look for 1835-40 Resistance break
With all positions engaged wait for proper confirmation to enter with appropriate stop loss levels & Take profit areas.
HOW-TO: Backtest Your Forex Strategy & Increase Your Win-RateIn my earlier article, " Proving Your Trading System with Backtesting ", I demonstrated how, in the Futures market, you could backtest your trading system, see what works and what doesn't, change your variables, and rinse & repeat until you have a winning trading formula.
You GET this winning formula by torture-testing (ahem, *back*testing) your system under every market condition.
My last video backtested Futures as an example and I received dozens of requests to demonstrate and develop a similar system using Forex, so here it is! This video will show you HOW you can backtest your own Forex Trading system over time, determine its results, and refine it until it is bulletproof (or marketproof!).
All you need is a Trading System, a Spreadsheet, and a great trading platform (ahem, like TradingView) :-)
Trading can be the most rewarding of careers, but only after putting in the hours of hard work. And like everything else in life, if you don't put in the work, you won't get the results. And if you put in the work AHEAD of time, you won't have to put a DIME of your hard-earned capital into the market until you are CONFIDENT that your system will multiply that money in your account rather than feed the market monster.
I hope you enjoy the video... but more importantly I hope it will help you become a better trader. If this was beneficial to you please feel free to leave a like, a follow, or a comment... I'd love to hear from you and stay in touch as we all move forward in our trading journeys!
Trade hard, and trade well!
-Anthony
Backtesting Part 2: Testing Your Trading System in 3 Easy StepsIn my earlier article, " Proving Your Trading System with Backtesting ", I outlined the HOWs and WHYs of backtesting. Does your trading system work under all conditions? Under what conditions might it *not* work? Can you remove those instances from your plan? Under what conditions might you *improve* your win rate? In another article, " The Unexamined Trader ", Just as an unexamined life is not worth living, the unexamined trader should not be trading a system that has not been tested under every market condition (and I mean TORTURE tested under HUNDREDS of trades).
This video will show you HOW you can backtest your own system over time, determine its results, and refine it until it is bulletproof (or marketproof!).
All you need is a Trading System, a Spreadsheet, and a great trading platform (ahem, like TradingView) :-)
It will take some time and effort, but like everything else in life, if you don't put in the work, you won't get the results. And if you put in the work, you won't have to put a DIME of your precious capital into the market until you are CONFIDENT that your system will multiply that money in your account rather than feed the market monster.
I hope you enjoy the video... but more importantly I hope it will help you become a better trader. If this was beneficial to you please feel free to leave a like, a follow, or a comment... I'd love to hear from you and stay in touch as we all move forward in our trading journeys!
Trade hard, and trade well!
-Anthony
Every Winning Trade deserve POST ANALYSISHi guys, this is my buy trade yesterday and now its on its way to take profit. Around 1:3 Reward will take it..
Points to remember
1.) Stick to your own analysis
2.) Reason why you trade this
3.) Exits are very important
4.) What is my analysis yesterday?
Hoping you can record your winning trades and repeat it over and over again
EUR/USD LONG ;)There is a clear uptrend that is present when looking at the bigger picture, however price is correcting within this larger structure, the entry to look at will be when price breaks towards the upside from 1.18259, there is a lot going on in the news at the moment surrounding the EU and US so this should help volatility and therefore increasing the levels of success surrounding this trade.
EURNZD NOW CLOSED!!! +410 PIPS! SELL NOW OPEN!EURNZD NOW CLOSED! SELLS NOW VALID!
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
EURNZD STILL FLYING!!! Over 650 pips in PROFIT!WHAT A TRADE!!
This BUY on EURNZD STILL OPEN! Now running over 650 pips in profit!
Afternoon traders!
A lot of messages recently reagding the buy and sell strategy we use and how it works so i thought ill make a quick video for you all explaining how it works, what it does and how you can use it! hopefully this answers alot of your questions but dont hesistate to drop me a message if not. :)
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
BOOOM! GOLDBUY banking 600 pips! SELL now open running +500!Great trade again from gold... BUY banking just over 600 pips! SELL open running +500!
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
Bitcoin Prediction(Swing Trade) Win Rate 12 out of 13(Oct-Dec)Congratulation again for our previous trade which we have managed to gain 152% or 1520% profit according to your leverage and I have advised many times to apply 10x or Cross Margin Leverage. After 12th winning trades out of 13 trades I have provided, I will share some extra information here since its near the end of 2019.
Let me explain this deeply,
$6174 or $6200 has the highest chance of having a bounce. It means that we should only start buying/longing at the $6200 level. $6200 has the biggest wicks from November 2017 and it has always been a level of a bounce and not REVERSAL. However, I have calculated and analysed for the best way to profit from our latest trade.
My future view for Bitcoin is to hit $5650 and $4990 because it is not only the psychologically attractive price because of the demand but also the effects of mining profit and loss calculations.
Should we have a position trade or swing trade here?
My answer is simple, Swing trading is still worth to constantly work on for every available good price range between 5%-10%. Each position should consist of at least 15% to 60% according to your tolerance of risk. Leverage should be from 5x-10x or cross margin leverage. Patience is always the key no matter if you are trading forex, stocks or cryptocurrency.
Position Set Up
Long Position
Entry Prices: $6600-$6200
Take Profit: $7250-$7450
Stop Loss: $6000
Risk:Reward: 1:2-1:3
Of course, I did provide an exclusive set up just for my channel subscribers so you may consider to join since it is free and I do not charge.
All the best and I know we are a prominent trading group that is always ahead of most people.
Bitcoin Prediction(Win Rate:11 out of 12 in Oct-Dec)Swing TradesCongratz on our previous short position has provided with net profit of 10% x Used Leverage. With my advises to my group members, we have gained from 100%-1000% with 10x leverage and cross leverage. We did gain twice in a row with 2 time failures of testing $7700. I always trade for the big money and avoid any small traps especially with bitcoin's high volatility.
For this chart analysis, we do have the possibility to see the area(Blue) between $8000-$8200 because even if we hit the area, we are still in the downtrend line. However, I personally think that it will be hard to achieve at the moment. The Red shaded areas are the average price for both shorts and longs and thats why we can see that there are many wicks below and above the Red areas. I am still opening short positions, our short position entries were hit twice accurately at $7750 and thats how we are able to gain 10% net profit x Used Leverage repeatedly for the past few days.
Short Position Set Up
Entry Prices:
Red Shaded Area (Average Price)= $7550 - $7350
Blue Shaded Area (Resistances)= $8000 - $8200
Take Profit: $6930 - $6552
Stop Loss: $8500
Risk Reward: 1:2-1:4
Estimated Profit: 26%-12% x Used Leverage
Again, I do not update my trades on tradingview so you can join my channel/group for daily updates since it is free or comment below. All The Best and Happy Trading.
Bitcoin - You will shoot yourself in the foot if...I hate to be blunt about it but you should only be reading technical analysis from a couple of analysts. There are a lot of unproven hacks in this space and I will recommend that you stop following them if they are getting in your head with their doom and gloom about Crypto. They'll convince you NOT to buy when BTC is low because it "will go to $600" or "Crypto is dead." This is one of the main reason you missed out on buying at 3K and ridding the wave to 14K, last time you could have tripled your money in less than 6 months. The next opportunity is coming again and these amateurs are once again whimpering all the way down. This is a clear way to tell that your analyst took a beating and does not know how to make a profit trading. Do your self a favor and follow me, I have been teaching beginners how to do technical analysis for a few months and they have at the very least stopped losing money and a few have finally made money. You should learn how to chart your own path to doubling or tripling your money every year.
What's BTC doing?
It looks like it is either looking for more fuel to keep going up or going down to test bottom. We have stopped at the 61.8% retracement of the recent up move which is a healthy pullback, however if we go below 7k we might be looking to retest the bottom by landing on the green trend line, if we hit this line again and bounce up that's an indication that BTC has found a bottom, if the bounce is high, it maybe time to jump in with a little more money. What we know for sure is that if we melt below my green line we are going down a lot more.
The only scenario we need to worry about is if we melt below the 200MA on the WEEKLY time-frame, which is below my "Mother of all buy zones." Other than that Crypto is alive and well.
Follow me and you'll know exactly which coins to buy and when to buy to maximize your profits.
Hitting the "Like" button is like a tip, please don't forget to do so after reading this is your way of paying me for my time.
NOW, THE LEGEND;
Support trend-lines are green
Resistance trend-lines are Red
Horizontal support lines are white, the thicker the stronger the support
50 Moving Average is yellow
200 Moving Average is white
THE TREND: Going Down
THE OUTLOOK: Begining to see the end of the downtrend a rally may be coming soon.
BTC Swing Trade & Prediction (Win Rate 10 out of 11 Trades)Firstly, congratulations to anyone who have followed my previous long position swing trade. Again a tremendous profit of 11.59% x Leverage. Although I have stated the stop loss at $6700 in the idea but I have advised my group member with a great stop loss placed at $6500 which was able to hold after a tap on $6800.
This is a short position set up with estimated profit of at least 20% x Leverage.
Purple Box: The possible areas of BTC to hit once it able to tap on $8200 and hold above.
Black Line: The major resistance of BTC which is at $7700 with previous wicks, support and resistance. Thats the reason of the big barrier to break through.
Set Up ( Short Position )
Entry Prices: $8200-$7700 OR $8800-$8600 ( If the demand of this period will be exceedingly higher than I have expected )
Take Profit: $6200-$5800
Stop Loss: $9000 or Above ( It will be great to avoid any volatility with wicks )
Risk:Reward: 1:2-1:4
Enjoy the trade and All The Best. Let me know what do you think if you have any opinion.
BTC LONG POSITION (100% Win Rate in October/November)Swing TradeCongratulation to anyone who followed my previous prediction of short position which was opened at 9200 and closed at 8350. You should have gained 10.17% x leverage used. In my case, I have gained 101.8% with 15-50% Margin used and x10 Leverage.
Long Position Set Up
Entries: $8500-$8100 ( You dont have to be sharp in entries or take profit because you dont wanna miss the opportunity)
Take Profit: $9000-$9200
Stop Loss: $7900
Risk Reward: 1:2
There are few reasons for me to open this long position:
1)1) Strong buying momentum compared to last price decline period.
2) The market is more neutral compared to previous months.
3) It’s absolutely reasonable for the price to hit the previous average point at $8300 for institutional traders to restock their position for long position.
4) It’s nearly end of 2019 and its mathematically harder to meet all time high if BTC does not sustain the support at $8000 level.
* I dont always post prediction here so I hope you enjoy the trade and all the best.