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...
Since the BTCUSD market's been holding lower highs the trading strategy has been to short bitcoin major support breaks with good risk reward down to next major price levels. Now let's see ... the bitcoin buy signals outlook...
It is said that nine out of every ten traders loose money. It is also said that day trading is seventy five percent psychology and the other twenty five percent divided up between your trading system and proper money management. Now I do not know if those facts are true or false...
Error #1: Avoid going long when there are recent supply signals at the current price level (and vice-versa for shorts). This may very well swamp the market with supply and make it go lower, or prevent it from going upper...
EURJPY, W1: the break of the resistance located at 141 would give the green light to the next target to 167...
After I generated several sell signals on this pair, it is time to start closing out. The EURJPY would not be considered trending. On a daily time frame, it appears this pair is actually ranging between two rather extreme points. However, it appears this pair is rather oversold...
1. Strong background 2. Strong bars when Hull is red. This means there was recent demand. 3. Exit after a supply bar. The supply turned the market sideways, as the smart money wasn’t able to absorb the supply. Analytical Trader...
Trading is just a business !!! ,... As we are trading , we develop and this is another step or thing which you have to realize ! I will give you an example for better understanding what i have written . How do you feel when you buy a milk ? How do you feel when you buy a apple...