IamMpho172

IamMpho172

The trend is your friend, many of the great analyst and traders always believe that the trend is your friend. and for me I eat and preach this fact

IamMpho172

May the odds forever be in our favour, anyway thinking in probability means understanding that today the outcome is random but overtime the outcomes become predictable

IamMpho172

The pair has been dropping for the past 30 days or so and as a day trader this trend is sufficient for me to enter some good trades. the price has been going down and it only makes sense that we join the direction so finding the premium to sell became and issue since there is no nearby resistance that my eyes has learnt to perceive, grated it would be a poor...

IamMpho172

As a day trader i only care about the trend on the daily timeframe, the trend of the NZDCHF has been down for the weeks, shorts are ideal im not going to try to predict the turn of the trend

IamMpho172

Here is an idea for today day trading, EURUSD has been trending down for the past few weeks, so the best thing is not try to predict a trend change, just stick to the trend and find the next premium price to sell

IamMpho172

USDCAD has been on an uptrend for the past 30+ days, and I'm a huge believer in trends so on a daily basis I have been entering longs and will do so until price is showing clear obvious signs that it has changed, of course the trend direction is only half of the problem so finding a good entry is crucial and my thinking behind this is both logical and...

IamMpho172

In this trade idea I was bias on longs today on the pair due to the daily timeframe being bullish. I am a purely technical trader and therefore believe that anything that can affect price is already reflected in market action, my stops and entries are based on the psychology of traders meaning I look at levels and try to anticipate the actions of the traders. but...