A quick and brief explanation of the trade I posted.
Anticipating a break towards the downside. My stop loss is not at the greatest position but I'm hoping price can run into profit and create new structural levels in which I can manage the trade with. 121pip target, I will definitely be securing profits as price travels.
Briefly explaining this trade and how I will manage this trade once in profit. Very fruitful targets with risk in play always.
Personally, this trade is a 50/50 probability for me. Both ways entering around this level will be very fruitful whether it's a long or short. The only thing that really matters is the risk. So long as you're risking accordingly, I strongly feel this is a cool trading opportunity. We jus need some momentum to kick in.
Not quite an A+ setup, I would give it a B- to be honest. Were risking accordingly so no big issue. We need price to actually trigger the entry so we can see some downfall. lets see
Tradingview always wants me to write some long description ! but this vid is just a brief explanation on a good trade I placed today.. for experienced traders mainly to understand because my explanation was quite vague and brief
If you haven't watched my previous video, please watch as I explain the trade thoroughly and what I was looking for in order to execute this trade thanks
FOLLOW ME WITH THIS INCOMING SETUP & LETS SEE Tradingview wants me to write more in this description but I've explained everything in the video so have a watch They also said I cant type in caps because it seems like shouting so ppl will get sad... wow
So the previous trade, the entry was good, the direction was right, however my stop loss was too tight. I'm currently up for the week so the trades I am taking are surplus trades with minimal risk. I managed to take an L the last trade and lose less than 0.2% so is that really an L ? This trade is add on to my original trade. It is quite riskier because now I...
I don't usually use tight stop losses such as but currently I'm in the flow. I've risked about 0.2% on this trade so it's near nothing.
simple break retest, trend continuation. 0.5% risk. lets see ..
Low risk short opportunity... buy low, sell high, risk according. Lets see what happens..
Just a quick summary and continuation from the last video so if you have not seen that, please head to there !
Hello guys! This is my first video, I hope you enjoy and stick around throughout my journey. in this video I explain my thoughts and views on Bitcoin and how it may affect the futures market. Please comment what you think !!!
on one hand, this is a medium/high probability setup as price has retraced quite low during its uptrend so buying opportunities have come in place .. on the other hand, on the lower time frames 30min-1hr, price is in a clear downtrend so it will require some sort of strength and volatility for the trend to reverse but its all a probability and my cards are longs...
Simple purchase at a support level, hoping BTC leads the way with bullish momentum so the alt coins can follow... ps I think litecoin does its own manoeuvres without the reliance on etc
a scalp that is quite low probability due to the momentum of btc on the upside. in this case we risk low and do not target too low down. lets see how this goes..
Lovely buy opportunity through my eyes, I expect some bullish movement from my support level towards highs R:R - 1:3 lets goo !!