Fibo
AUDUSD 23/10/2019 LESSON 1 - VIDEOHello Traders!
We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SmartMoney must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SmartMoney.
CHARTS AGENDA:
BITCOIN - MONEY POCKET
ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS
BLUE LINES - ENTRIES
MARKED LINES - PREVIOUS ENTRY POINT
BLUE BOX - GAP's
COLOR BOXES - FOCUS POINT TO REACT
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GOD BLESS U ALL!
USDCHF what is nextWhenever we have multi lows/tops breaking is stronger than usual, as we have right now. The price has break Fibo and MA200 level and strongly continue to rise. RSI at lower time frames is overbought, which can be some short opportunity to squeeze a bit. As I see Fibonacci 61.8 will remain resistance level ( daily fibo) and Fibo 62.8 ( weekly) will remain support level. After smaller profits with sell action, my play for this will be SELL at 1.00 area and compounding those trades with proper money management. For those who can afford:
10k at 1.00, 25 k at 1.01, 50k at 1.02
WEEKLY CHART - SHORT USDCHFA great opportunity has presented itself for a short on the USDCHF pair. Observe my study instruments. Trade BOLDLY!
Indicators Used -
FRAMA
Aroon
SuperTrend
Fibonacci (for trade management, setting TP and SL)
NB- This is for educational purposes only and capital is at risk in trading.
BTCUSD Nouveau rebond du Bitcoin sur les 9800$ ? Le Bitcoin semble rebondir une deuxième fois sur le niveau fibonacci 0.382 à 9800/10 000 $
On semble s'installer dans un range avec un triangle classique en construction, j'espère voir un rebond jusqu'au niveau 0.5 voir 0.618 de fibo avec au moins les 11 400$ comme objectif pour vendre le petit levier
Nous verrons si un vrai range se construit effectivement ou si on va directement casser vers le bas à court terme ...
Compte amateur