As a full time forex trader, I’ve seen my fair share of both triumphs and missteps. One of the most common pitfalls that can plague even the most seasoned investors is the rookie mistake of managing trades across different timeframes. It may seem innocuous at first, but failing to align your analysis can lead to confusion, frustration, and ultimately, poor trading...
Breaking Down Winning Trades on USOIL and UKOIL: A Renko and Double Bottom Analysis Today, we delve into a powerful trading strategy that combines the Renko charting technique with the classic double bottom pattern, specifically focusing on trades executed on USOIL and UKOIL. By understanding these concepts, you can refine your trading approach and potentially...
In this tutorial, we will explore the art of conducting a top-down analysis using Renko charts, a technique that can significantly enhance your understanding of market structure. If you've ever felt overwhelmed by the myriad of information in traditional charts, Renko offers a refreshing perspective by focusing purely on price action, enabling you to dissect...
In this tutorial, we'll dive into a unique but powerful method for analyzing gold (XAUUSD): using Renko charts to find critical levels. If you’re unfamiliar with Renko, it's a chart type designed to filter out market noise, making it easier to spot trends and reversals. Unlike traditional candlestick charts, Renko focuses on price movement rather than time,...
We have a technical edge appearing on the daily chart. I am documenting this trade for our Members and Students of Ultimate Blueprint for Holding Trades Overnight. Pending Market close we will be executing a position on this pair.
Join me as I document trading ideas for tomorrow 9/16/2024 and look through our watchlist for trading ideas. This is for educational & documentation purposes. As a part of our accountability challenge we are responsible for tracking our trading ideas daily and reviewing markets to train our eyes to look for our edge. STOCKS, FOREX, & COMMODITIES Watchlist. I...
The Art of the Ride: From Skateboards to Surfboards in Bali (My Trading Experience) In the symphony of life, there are few experiences as raw and exhilarating as the glide of a board beneath your feet. It starts with a skateboard as a teenager—a piece of wood and four wheels that challenge the laws of gravity and the patience of your parents. But this isn’t just...
Nicholas Darvas, a name that echoes through the annals of trading history, was not your typical Wall Street insider. A professional dancer by trade, Darvas' entrance into the stock market was as unconventional as his approach. His book, How I Made $2,000,000 in the Stock Market, offers insights that are as relevant today as they were in the mid-20th century. But...
In the fast-paced world of financial markets, trading profitably is a skill that every professional aspires to master. While indicators are commonly used tools for making trading decisions, there's a growing trend towards trading without relying on them. If you're a professional trader looking to enhance your trading strategies and achieve profitability without...
Money isn't the root of all evil; the lack of money is! If you're a trader, you know this better than anyone. You’re out there every day, battling the markets, trying to turn your hard-earned dollars into more hard-earned dollars. But let me tell you, your success isn't just about charts and indicators; it's about what’s going on between your ears—your money...
The recent viral TikTok trend exploiting an "infinite money glitch" in Chase Bank's ATM system had significant repercussions, including a sharp 7% drop in Chase's stock value. The trend, which involved customers fraudulently cashing fake checks and withdrawing funds, spiraled into a widespread scam that not only hurt individuals financially but also sent...
This was my idea on what could happen with Bitcoin (April 2024) Since the end of 2023, the Bitcoin price has increased and started gaining significant momentum in March 2024. Indeed, Bitcoin reached a new all-time high in March 2024, breaking past USD 70,000.
This is one of the pairs that I enjoy charting. When UsdMxn has the right amount of momentum, you can really see this pair perform well. We are watching this pair for a potential upside move. Does it have the ability to push up from here? *This is not considered financial advice. This is for educational purposes only. Thank you for your positive rating and feel...
More detailed trading idea for AU. Waiting on market confirmation. Not trading advice.
XAGUSD Trading Idea Long has two potential targets Target #2 Entry : 25.219 Stop Loss: 24.890 Target: 26.300 1:3.3R
Quick Oil Trade 1:3 Risk:Reward Pips Over Money on Youtube. Psychological Levels trade at your own risk.
Trade Reco: WTIOIL/ USOIL Sell Idea on Daily Chart with 1:3+ RR
GBPNZD GBPNZD Trading Idea W on Daily Chart Exhaustion Candles at Support