When I was a full time currency strategist my job was to identify trends, trades and make forecasts about the direction of currencies, particularly the Aussie dollar against the US dollar and Aussie dollar on the crosses against the Yen, Euro and Pound...
Just completed a test to determine my "investor profile"... take these tests with a 'grain of salt'. The answers can vary depending upon your mood at the time of the test, and this can influence the investor profile determined for you. Enjoy...
D1 price is on bearish ranging between 1.2500 support and 1.2791 resistance levels...
It’s risky to short EURJPY now, should wait for prices to get more near the trendline at least and for further weakness. Analytical Trader...
Money managment or just a logical thinking ? How many of you can say : " i can earn constantly 10 dollar /euro per day !" The first question is of course if it is possible . My answer is deffinitely YES...
So lets have a look again on the picture and lets go step by step . What tell us : 1.candles 2.candle formations 3.Fibonacci retracement 4.Volume...
If there is a huge amount of supply, upside movements will be very limited and the most probable tihng to happen is for prices to go down. Analytical Trader...
The perfect weapon The perfect weapon or should I say The proper weapon for the job .There is something I learnt in the past 12 months of my trading . About picking the perfect weapon for the job. I know you all are thinking what am I saying...
The main take away from this bitcoin charts is the irrationally euphoric parabolic rise and subsequent "fall from grace". This momo bitcoin pattern can be seen in so many 2000 tech stocks and more recently AAPL or TSLA...
How To Detect Institutional Algorithms And Trade With Them. In today’s market education we will show, with the help of a couple of charts and a video, how you can detect when the Institutions Trading Algorithms start kicking in the market...
1. Weak background 2. Short in a weak signal above the down trendline 3. Exit on a strong signal. This was a clear trading setup that works more often than not. +79 pips Analytical Trader...
Top News of the Week: Federal Reserve Minutes: Implications for Markets, Economies...
In this chapter I would like a little broke down for a very fruitful topic of trader Elliot waves which can be applied to longposition trade...
1. Weak background on the above timeframe 2. Above a down trendline (what in VSA trading we call an overbought market), there are weak bars signaling supply. Go short when Hull turns red and there is an up bar with low volume. 3. Exit on strong signals. +158 pips Analytical Trader...
Pin Bar :a pin bar is candle with long upper or lower ( tail ) ( wick ) or ( Shadow ) and a small real body . The pin bar shows that a certain price or level in the market was rejected...
Error #1: The background was weak due to the supply present in the market, and the trend didn’t help either. Error #2: The market is too choppy (volatile). Wait for a break-out of a resistance (at ~86) or for prices to get near an important support...
1. Weak background 2. In a downtrend, short in an up bar with low volume 3. Exit on a strong bar. Analytical Trader...
1. Weak background 2. In a downtrend, short in an up bar with low volume 3. Exit when strong bars appear Analytical Trader...
This is a quick USDJPY trade. Usually this pair has been quite bullish, but right now it appears there is a short term intra-day bear. It appears this pair is currently in a ranging zone. The bottom range is around 108.38 and lower...
