Countertrend
NVIDIA: FOMO bulls beaten badlyIn my previous screencast of 17th November, below all this text, is the story of someone (not from Tradingview) messaging me to ask if NVDA was good to buy. They were disappointed when I simply said "No".
In the current screencast I follow up on how the FOMO bulls were punished for attempting to hunt a gap too early.
This screencast is not advice. I am not saying that NVDA will not rise again. The point of this video is solely about appreciating when not to go in . I'm not saying that now is a bad time or good time to enter long.
There are lessons in this:
1. If you're with the trend it can be your friend, else it's your enemy!
2. Avoid news and social media crowd sentiment.
3. Avoid gurus.
USDJPY - Something for Trend & Countertrend TradersThe USDJPY is a pair that we've been following for a while now, and what I wanted to share with you some updated analysis on the pair showing an opportunity for both trend continuation and countertrend traders.
Akil
For a second I thought Iran was going to pull off the upset today.
Breaking Down EURAUD With The Technical Scoring SystemWe have a massive Bat pattern that has just completed on EURAUD. The problem is that it's completed on the Daily Time Frame. So in this video, we cover how you can use multiple time frames to reduce your risk and still take advantage of the potential move.