Ahoy! There is money to be made and lost here! 🤦♂️😂 I'm short with with an affordable loss. Others may wish to go long with an affordable loss. It's not about how right you are but how much you limit your loss if you're wrong. This is a nice one for new traders to experiment with on a paper trading account. 👊 Trading is a strange activity i.e. you can't...
The Great Reset or The great Depression 2.0 is very much a real possibility. This is purely my pessimism and the reason I started trading and have stopped investing. There is so much risk in these markets even fundamental value stocks will be dragged down with this. can anyone even guess at this point where the s and p 500 will be in 10 years?
People's opinions seldom lead to profitability. Or sanity for that matter.
USDJPY H4 - Arguable HS here, support has marginally be broken, but we are seeing rejections just below that price, fairly slow/tame markets at the moment, but I'm sure this will spice up as we move into the NA session with the labour data at 13:30.
It happens! We will also encounter losses which is fine! we like to look at it as a ''cost of business''!
I've often seen head and shoulders patterns that take on strange shapes. It is not common to find a very neat head and shoulder pattern. Well this one caught my eye. It's a weird one. On the left is three humps combining into the tradtional shoulder. On the right is some kind of shoulder that doesn't appear well formed on 3D time frame, though more clearly...
Well, this is one to watch. This is a 30 min trend following setup. There are no targets. NOTE: only about 20% of all traders are true trend-followers. Trend following is very difficult and far more risky than other forms of trading. There are serious losses involved if anyone follows this developing trend. You have been warned.
Everybody likes it simple. Well, this is a tough one. As I promote radical transparency in trading, I'm also showing the reality - how difficult it is in making trading decision, and controlling loss. It is a waiting game, and about avoiding FOMO. Those who do not know what FOMO is, should stop trading instantly. There are losses involved in this position -...
I'm learning to accept these harder weeks as the better opportunities for me to become a great trader. Of course I love it when every position I take jumps out at me and earns me a profit, but I remember a point when I would avoid the charts entirely after a string of either losses or missed opportunities. It's so important to continue to trade with an unbiased...
Last night around 7Pm CST i finally had some movement in NZD/USD. Some big news must have been released because the pair shot up and filled my order then blew through me stop loss. ATTN New traders this is why professional traders use stop losses so your losses do not get out of hand Anyways do not dwell on your losses they are going to happen Moving on to...
The video shows a contracting wedge into a zone of congestion. This is sometimes a reversal pattern. I make no predictions. I explain carefully about losses and risk management of this situation. Disclaimer: This is not financial advice or an encouragement to trade in securities. No liabilities accepted. Your losses are your own. This means you sue yourself...
Another loser out of the way Just stay calm and patient Stick to your strategy and follow your rules and you will be fine Moving on to the next trade
Hello Traders, Today's Technical Analysis will be on LINKBTC with its decent retracement from its blue sky breakout. Points to consider - Held support at the .618 Fibonacci level (Fib levels are only considering body candles not wicks in this TA) - Three touches confirming trend line - Structure has been putting in lower highs and higher highs - Potential...
You ve heard about feds lower interest rate . News and realities are two face of markets! Logically when the interest rate fells down, we expect to increase of gold, silver and other cross symboles of USD but we see the inverse reactions! why? Because of price attraction to powerful money!
As BTCUSDT compresses down and beacause price has touched the lowest poin of the channel i think the targets in minimum activity of price will be on chart labels .
Repeat The History!!!!! Simple & Clear! In Trading often old supports and resistances are used for trading.. And so is the case with my this setup.... Prices fallen exactly from old highs and going exactly to same lows it made last time.. (plz. check left of chart and red horizontal lines) Buy limit: 57.5 Stop Out: 53 Take Profit: As per your appetite :)
Very short term In line with the other world indices, this upward trend driven by the resumption of American prices will tend to continue. The level to which it will aim in the very short term is the dynamic resistance identified by the weekly EMA200 at an altitude of 20450 points: from here it will be understood whether it will have the strength to continue...