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Consistency

Top 3 Most Consistent CoinsDuring the past couple of month, the crypto market has been going through two major phases. The first phase, that took place during December 2017, was a strong uptrend amongst most coins, substantial growth, and almost a non-stop rise.  The second phase, that took place During January 2017, was a consolidation phase, where most coins have been correcting down strongly or consolidating. But there are coins with a better performance, that have shown great stability and consistency during both phases. While most coins were suffering they proved to be the most stable in comparison to the rest cryptocurrencies. And the winners are: 0X EOS NEO
by CryptoPAMM
1
Why do you trade? Trading Goals and motivations (trade plan)Why do you trade? Consider writing down your personal trading goals. The following are my personal Trading Goals & Motivations (taken from my trade plan). Goals - Consistency 1. Focus on the process and let the results happen 2. Think in probabilities and whether I followed my plan. (Not right or wrong) 3. Master the ability to sit on my hands 4. Demand constant improvement 5. Follow the rules of my trade plan, ALWAYS. 6. Master the mental game Goals - Financial 1. Fund and trade full account 2. Replicate my current income through trading (short term plan) 3. Once (1) is accomplished, maintain and build wealth (long term plan) 4. Have the freedom to quit my job if I so choose Motivations 1. BE SUCCESSFUL = Achieve repeatable, consistent trading, reach goals, 2. Live the life I want. Flexibility, lifestyle, comfort, schedule, travel 3. Enjoy the journey 4. Continue to learn and get education
FX:USDOLLAREducation
by brettschoenfelder
AUDCAD W Bullish BAT PATTERN @ 0.9270Hi guys, Here we have a bullish BAT PATTERN on the Aussie-Canadian Dollar coming in at around 0.9270. This is a long-term trade so I'll be making sure I take into account my position size in order to manage my risk effectively. The reason why I love BAT patterns is that they give such good risk-reward which is obviously key to trading successfully. Stops will as per usual go below the X leg and targets will be at the 31.8% and 61.8% retracements. THANK YOU FOR YOUR SUPPORT! Trade Numbers: Risk: 270 pips x 2 = 540 pips Reward #1: 350 pips. R:R = 1:1.3 Reward #2: 550 pips. R:R = 1:2.1 Plan your trade... Trade your plan.
Long
by Krunal.Patel
NZDUSD 30 Bullish BAT PATTERN @ 0.6788Hi guys, I thought I would share a pattern I am most fond of, the BAT pattern . I admire this setup because it mainly follows the overall trend and takes into account major support and resistance levels. As a strong believer in economics and harmonics, I believe this pattern gives 2 things which most traders strive for: 1) Good risk-to-reward and 2) Good win percentage %. Back to the trade idea, it is a bullish BAT pattern @ 0.6788 in which i would have a buy limit in place and stop loss will be placed BELOW the X leg which we use as good support in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 17 pips x 2 = 34 pips Reward #1: 22 pips. R:R = 1:1.25 Reward #2: 35 pips. R:R = 1:2 Plan your trade... Trade your plan.
Long
by Krunal.Patel
GBPJPY 15 Bearish CYPHER PATTERN @ 157.64Hi Guys, This is a bearish CYPHER pattern @ 157.64 and stop loss will be placed above the X leg which we use as good resistance in this case. TARGETS ON THIS TRADE WILL BE DIFFERENT TO USUAL AS I VIEW THIS AS A DOWN-TRENDING PAIR, THEREFORE TARGETS WILL BE AT SUPPORT/RESISTANCE LEVELS. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 57 x 2 = 114 pips Reward #1: 57 pips. R:R = 1:1 Reward #2: 115 pips. R:R = 1:2 Plan your trade... Trade your plan.
Short
by Krunal.Patel
EURTRY D Bearish GARTLEY PATTERN @ 3.4470Hi Guys, This is a bearish GARTLEY Pattern completing at 3.4500 but I will be front-running my orders to make sure I get filled on this trade. The EURTRY has been in an uptrend for a long time now but it hit a level of resistance in back-to-back months late last year. I am expecting that the same level of resistance will hold making for a good sell trade for harmonic confluence. The stop loss will be placed tightly above above the X leg as this pair has been in an uptrend forever which is used as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 1000 pips x 2 = 2000 pips Reward #1: 1700 pips. R:R = 1:1.70 Reward #2: 2750 pips. R:R = 1:2.75 Plan your trade... Trade your plan.
Short
by Krunal.Patel
CADJPY 60 Bearish CYPHER PATTERN @ 84.75Hi Guys, This is a bearish CYPHER pattern @ 74.10 and stop loss will be placed above the X leg which is used as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 65 pips x 2 = 130 pips Reward #1: 67 pips. R:R = 1:1 Reward #2: 108 pips. R:R = 1:1.65 Plan your trade... Trade your plan.
Short
by Krunal.Patel
EURUSD W Bearish GARTLEY PATTERN @ 1.1600Hi guys, I actually studied the Gartley pattern from a book named "Trade What You See" by Pesavento. It uses the Gartley pattern in conjunction with the famous AB=CD pattern giving us a nice trading range maybe to "dollar-cost-average" into a trade, reducing overall risk. Back to the trade idea, it is a bearish GARTLEY pattern @ 1.1600 in which i would have a sell limit in place and stop loss will be placed above the X leg which we use as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 335 pips x 2 = 670 pips Reward #1: 420 pips. R:R = 1:1.25 Reward #2: 680 pips. R:R = 1:2 Plan your trade... Trade your plan.
Short
by Krunal.Patel
4
GOLD 60 DOUBLE TOP 2618 TRADEHi guys, Here, I am looking for a reversal. The market was in a nice bullish move but this double top has now occurred. There is already a break at the bottom of the double top so I am now looking for a pullback at the 61.8 retracement level to give myself that extra bit of confirmation. I will have a sell limit in place at that level. This trade is known as the 2618 trade. My stop loss will go above the double top and that level has also held good resistance in the past. My first target will be at the low of the break and my second target will be at the next support/resistance level. IF the first target is hit, I will take off half of the position and move the stop loss to break-even for the second half of the trade, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 16 points x 2 = 32 points Reward #1: 16 points. R:R = 1:1 Reward #2: 26 points. R;R = 1:1.6
FX:XAUUSDShort
by Krunal.Patel
USDCAD 4H Bearish CYPHER PATTERN @ 1.2870Hi Guys, This is a bearish CYPHER pattern @ 1.2870 and stop loss will be placed above the X leg which is used as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 150 pips x 2 = 300 pips Reward #1: 160 pips. R:R = 1:1.05 Reward #2: 255 pips. R:R = 1:1.70 Plan your trade... Trade your plan.
Short
by Krunal.Patel
EURCAD 4H Bearish CYPHER PATTERN @ 1.4835Hi Guys, This is a CYPHER Pattern according to my trade plan. I like this particular setup because the 'X' leg is coming from a strong point of resistance which means I can have a more aggressive approach by keeping my stop loss pretty tight above the resistance area. This is a bearish CYPHER pattern @ 1.4835 and stop loss will be placed above the X leg which is used as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 230 pips x 2 = 460 pips Reward #1: 250 pips. R:R = 1:1.1 Reward #2: 400 pips. R:R = 1:1.75 Plan your trade... Trade your plan.
Short
by Krunal.Patel
AUDJPY 4H Bullish CYPHER PATTERN @ MarketHi Guys, This is a weird looking CYPHER Pattern but still a valid one according to my trade plan. I didn't spot it till about an hour ago and saw that the market did not violate the X leg but actually bounced off of it so we know that the support level is pretty strong and therefore we can buy. The Risk to Reward ratio for these trades are much better but hardly occurs. This is a bullish CYPHER pattern @ MARKET and stop loss will be placed below the X leg which we use as good support in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 150 pips x 2 = 300 pips Reward #1: 210 pips. R:R = 1:1.4 Reward #2: 320 pips. R:R = 1:2.1 Plan your trade... Trade your plan.
Long
by Krunal.Patel
AUDCAD 30 Bearish GARTLEY PATTERN @ 0.9595Hi guys, I actually studied the Gartley pattern from a book named "Trade What You See" by Pesavento. It uses the Gartley pattern in conjunction with the famous AB=CD pattern giving us a nice trading range maybe to "dollar-cost-average" into a trade, reducing overall risk. Back to the trade idea, it is a bearish GARTLEY pattern @ 0.9595 in which i would have a sell limit in place and stop loss will be placed above the X leg which we use as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. This is a very trend-friendly trade, therefore I would keep a trailing stop on second targets, IF/WHEN first target is hit. Thank you for your support. Trade Numbers: Risk: 20 pips x 2 = 40 pips Reward #1: 27 pips. R:R = 1:1.4 Reward #2: 44+ pips. R:R = 1:2.2+ Plan your trade... Trade your plan.
Short
by Krunal.Patel
AUDUSD 60 Bearish BAT PATTERN @ 0.7740Hi guys, I thought I would share a pattern I am most fond of, the BAT pattern . I admire this setup because it mainly follows the overall trend and takes into account major support and resistance levels. As a strong believer in economics and harmonics, I believe this pattern gives 2 things which most traders strive for: 1) Good risk-to-reward and 2) Good win percentage %. Back to the trade idea, it is a bearish BAT pattern @ 0.7740 in which i would have a sell limit in place and stop loss will be placed above the X leg which we use as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 50 pips x 2 = 100 pips Reward #1: 73 pips. R:R = 1:1.5 Reward #2: 120 pips. R:R = 1:2.4 Plan your trade... Trade your plan.
Short
by Krunal.Patel
EURJPY 15 Bearish BAT PATTERN @ 122.80Hi guys, I thought I would share a pattern I am most fond of, the BAT pattern . I admire this setup because it mainly follows the overall trend and takes into account major support and resistance levels. As a strong believer in economics and harmonics, I believe this pattern gives 2 things which most traders strive for: 1) Good risk-to-reward and 2) Good win percentage %. Back to the trade idea, it is a bearish BAT pattern @ 122.80 in which i would have a sell limit in place and stop loss will be placed above the X leg which we use as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 35 pips x 2 = 70 pips Reward #1: 43 pips. R:R = 1:1.2 Reward #2: 70 pips. R:R = 1:2 Plan your trade... Trade your plan.
Short
by Krunal.Patel
GBPJPY 15 Bearish BAT PATTERN @ 157Hi guys, I thought I would share a pattern I am most fond of, the BAT pattern . I admire this setup because it mainly follows the overall trend and takes into account major support and resistance levels. As a strong believer in economics and harmonics, I believe this pattern gives 2 things which most traders strive for: 1) Good risk-to-reward and 2) Good win percentage %. Back to the trade idea, it is a bearish BAT pattern @ 157 in which i would have a sell limit in place and stop loss will be placed above the X leg which I use as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade. Thank you for your support. Trade Numbers: Risk: 60 pips x 2 = 120 pips Reward #1: 82 pips. R:R = 1:1.4 Reward #2: 133 pips. R:R = 1:2.2 Plan your trade... Trade your plan.
Short
by Krunal.Patel