Ahmed
AUDUSD - Short - Trend FollowingHey there traders, this is Ahmed from Pro Trading University,
Everything is explained in the chart except the stop loss & targets.
The stop loss goes 10 pips above the previous cycle high.
Initial target comes at previous structure (the bottom of the double top).
And no, the head & shoulder doesn't have to do anything with my entry, I just felt like drawing a man :)
Butterfly - GBPJPY - Educational video included.Watch my educational video here: www.youtube.com
Follow me on twitter: twitter.com
I recorded this video this morning but then I had a suprising career changing opportunity (I got a chance to pitch my self to TDAmeritrae :) And that's why I am uploading this video late in the night. It's 2:00 am right now. I hope you enjoy the video and learn something new.
Two Cyphers - VIDEO IncludedPlease watch this explanatory video : www.youtube.com
In this little educational video you will know my rules for trading the Cypher pattern in a simple and clear way. Then, I will show you two live pending Cyphers on GBPJPY, hourly time frame.
Notice that I didn't go over the targets and stops in this video; I will cover them in a later video.
I will see how things goes with this second video but I already want to do these type of videos on a daily manner. I will cover a big variety of topics. Covering technical analysis tools, strategies, chart patterns, advanced patterns, harmonics, break outs patterns, money management, trade plan development, backtesting, customization and portfolio and of course, psychology and mindset.
If you are interested in knowing the rules of the Bat pattern and check how I made +170 pips live using the Bat pattern then check out this video:
www.youtube.com
If you want to see more videos, then please subscribe to my channel:
www.youtube.com
As for this video, here are some useful links that are related to this video's topic:
www.youtube.com
An article about the Cypher pattern and it's rules:
simplychartpatterns.com
An article about harmonic and price patterns in general:
www.investopedia.com
Bat USDJPYBearish Bat @ USDJPY
Last bat @ USDJPY was a looser. Here is where psychology comes into play, you must continue to follow the trade plan even if the last 10 trades were losers.
Does this mean that this trade will be a winner? I have no idea. All I know is that I will keep executing my trade plan no matter what is the outcome I get.
I will do some videos on psychology soon.
- Reminder, In about 3 weeks I will start making videos explaining each of my trades and the rational behind them.