I am looking to buy into Gold (XAUUSD), when I see a buy signal, as support is building up. By showing you different trades in Forex and Futures (also applies to Options and ETFs) you can see that your TA skills, once acquired, can be applied to any chart. Spend the time and money to educate yourself rather than stumble from trade to trade. These skills will be...
As previously forecast IN ADVANCE,we are entering into the Zone (no not the Twilight Zone). We have traded this CORRECTLY and with PRECISION The Resistance and Support Levels have been provided for you on the short-term (daily) basis and it should be self-explanatory. For longs: I would suggest not entering a new long position at current prices as the...
I was asked for my current view on Ripple (XRPUSD). Our previous trade on Ripple was a successful one: So if you're looking for a more adventurous medium term trade with a higher payout here's one for a longer term play. Entry .20361 Stop Loss .19146 Target1 .23241 Target 2 .26373 Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS...
Looking for a Buy Signal on AUDUSD in an Uptrend. There is support here around .78300 to .78232 Wait for signal for confirmation Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis and looking to just be mischievous, it's very simple, FOLLOW SOMEONE...
A pullback on the US Dollar has given as an opportunity to short. Risk Reward 2.87:1 Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis and looking to just be mischievous, it's very simple, FOLLOW SOMEONE ELSE 2. I am not here to give you financial...
Here is a great example of HOW I MANAGE MY TRADES. Ok, so I have placed my trade (shown by my publicly posted pink and green boxes IN ADVANCE). Just to clarify, my entry is top of pink and my stop loss is the bottom of pink and my target is top of the green. However, placing a trade is the EASY PART. After we enter a trade, we have little control of the price...
It doesn't mean to say the upside is over but just be cautious as the Bitcoin chart is giving us mixed signals, which we must not ignore. Price is going up but momentum is moving down (divergence). Now if price continues up and breaks above this ascending wedge and momentum follows higher we continue upwards. That doesn't mean to say gloom and doom as I always...
If it can break out of this consolidation pattern we could see some significant upside. On a lower time frame its showing positive signs. It's a good coin to try trading cryptos as its inexpensive. Risk Reward over 3.5:1 Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with...
It no secret, I have a love affair with Litecoin so any opportunity to buy and I am in the front of the queue Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis then it's very simple, FOLLOW SOMEONE ELSE 2. I am not here to give you financial advice...
We are jostling for power between a tight range of $4,000 and $4,250 ($250 range), with Bitcoin unable to break higher but resisting going lower. Even on the smaller time frames (this is a 1hr chart), a trained eye can recognise patterns. Inverted H&S is often a bearish signal but in my experience of trading Bitcoin, it has proven to be the opposite (as I have...
NOTE this is a Monthly Chart Daily USD rally temporary. USD set to return to old tops before finding Support Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis then it's very simple, FOLLOW SOMEONE ELSE 2. I am not here to give you financial advice...
We got stopped out on our 1st Long trade on Dash, with a controlled loss. We will try again R:R approx 3:1 As always we keep our losses small and we play the probabilities by selecting Higher Risk to Reward trades to cover our losses so as to end up NET POSITIVE to grow our account. Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS...
So from what I understand speaking to traders is that many of you prefer trading on lower timeframe charts (1hr, 30mins, 15mins, 3min). As you know I'm a Big Picture guy who trades the Big moves (Daily Charts upwards) but when I want precision I go down lower. I'm showing you guys how I MICROMANAGE my trades to get PRECISION in my trades. Here we are looking at...
Some of you are asking for a "fine-tuned" perspective of Bitcoin as you are looking to SELL now. Here is my perspective from a closeup view of a Daily Chart. We are still moving in an Up Channel and an Up Trend. There are NO SELL SIGNALS that I can see. Remember what I always say TRADE WHAT YOU SEE NOT WHAT YOU THINK. To make things simple for you all here are...
Current sell on GBP Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis then it's very simple, FOLLOW SOMEONE ELSE 2. I am not here to give you financial advice and if you take a trade it is your full responsibility, not mine. 3. I am not your...
As we move closer to our DANGER ZONE, a number of you are asking me where I see Bitcoin price going after $4,500 price zone. It's early days, but this is a POSSIBLE scenario (see my Chart Analysis). Now we have some news events pending, like China's crackdown on Exchanges and Hard forking Announcement coming up, so only Price will tell us if this plays out....
Dash Long - Risk Reward approx 3.5:1 Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis then it's very simple, FOLLOW SOMEONE ELSE 2. I am not here to give you financial advice and if you take a trade it is your full responsibility, not mine. 3. I am...
Bitcoin is breaking through $4000 (Resistance Level 1 as I previously identified) as I write this post. I am republishing this post because I am showing you NEW INFORMATION which is the YELLOW AREA which I regard as DANGER ZONE where it can fail and retrace. So i'm looking to ride it up to this price as it breaks through Resistance 1 and 2 but, as it approaches...