Chartwork
BTC SHORT INCOMINGHello Traders,
Trust everyone is well. The markets will continue being hevily volatile so lets make sure we are staying present and clear minded for opportunities like these.
Please provide feedback if you wish. My goal with my posts is for you to learn something to apply in your own trading! Knowledge shared is knowledge gained.
@adamj_trades
Strategy Being Used: The Key Trading
XAUUSD Daily ChartHello, Traders as you can see price respected the orderblock at 1850 and rallied down to 1800. I was expecting fomc to be more volatile and for gold to rally up from 1820. However, that wasn't the case. As gold is entering a discount market Im waiting for gold to drop down into the Bullish orderblock and ideally be buying at 1880 which is a algorithmic level. We know the algorithm seeks the 20-50-80-00 numbers. I wish you good luck and good trading.
Squeezzzzz. On LTC. LTC being pushed into a pinch point Which way will BTC drag it. Im thinking LTC will find support around the !00.00 level. Feel free to share or comment your thoughts. Feed back is welcomed
US Indices Backtesting and Charting Session On Price Action Hello everyone:
As promised I will periodically make these backtesting/chart work videos on different markets, pairs and timeframes.
This is for me to present the importance of backtesting in trading consistency.
Not only it will help traders to not have emotional decisions such as FOMO or fear of losing, it will give traders confidence at identifying trade opportunities and execute them when the time comes.
The more we do backtesting, the easier we spot an entry, setting a SL/TP, and remove any emotional decisions.
Today I want to go into the US Indices, specifically the SPY, NASDAQ, DOW. I will pick a few market crashed examples and dig deeper into them.
Few educational videos below on the topic of backtesting, and why it will help you in your trading journey.
How & Why I backtest:
Prevent Blowing an account by backtesting:
Backtesting & Chartwork on USDCAD:
Any questions, comments, or feedback please let me know :)
Thank you
Jojo
GBPAUD - PSYCHOLOGY: The Importance of being ADAPTIVEPART I.
You name it, adaptive, reactive, flexible are all synonyms for the same thing. The IMPORTANCE of trading psychology is pivotal to a traders' success.
For example, in this chart, you can see I am looking for longs and shorts. The KEY thing is I don't have a bias. Having a bias can cloud a traders' vision. When the price arrives at one of my level's I simply look for a setup on the lower TF. Even if neither of these options gives me my ideal set up ok... MOVE ON.
I will reset.
The next trade is always around the corner.
Chart work.
SilverWhat a strong month for silver.
gold staying around 1900 levels will keep silver near 23. ATH for gold just a step away. Retrace at 22.2, 21.5, 21.0 all possible. Long term bull, short term unbiased. Wiggle room here but holding longs regardless.
good luck
Ideas are not gospel
BTC - Is that even possible ??Hello Guys,
this analysis is very daring, however, we need to think about this pattern.
We can see a Head and Shoulders Continuation Pattern. What means that?
We are in a downtrend and a normal H&S confirmes the downtrend. A bearish continuation.
I drew the neckline between the low from the 12th of July and the 14th of August.
The left shoulder has it´s high at around 6868.
The head´s high is at around 8487.
To finish the H&S successfully the high could be at around 7000 (6800-7000) and the low should close at the neckline, a bit below 5800.
Then it could probably break out further down to test lower levels and to continue the bearish trend.
12th 2017 November low 5464
25th 2017 October low 5366
18th 2017 October low 5100
15th 2017 October low 5405
02th 2017 September high 5013
If u agree or u just like the analysis, please leave a like and check me out on Twitter @ CryptoAirwaves.
Thanks!
Pit Stop Before Next Leg UpCryptomarket is down overall, XMY continues to show signs of strength with the potential to move much higher with a fresh push higher in the cryptomarkets.
TradetoStart Week 8: USD/CAD longWe will wait for a little pullback to the 1.40 level and buy from there.
This pair is ALL BULLS.
AUD/USD: Tradetostart WEEK 7 I am back with more analysis.
Use them how u want them to use, this is my opinion and my way of profitable trading. I don't recommend following people blindly.
U can find the other "tradetostart's" on my instagram : FXB_Buddy
Check it out! The link to my website is also on there.
