Howtotrade
WHAT TOPICS WOULD YOU LIKE ME TO COVER?Hi Guys - all my followers and non followers..
I am getting back to releasing weekly episode/episodes of the ' Art of trading Psychology' in the aim of helping traders get in the 'zone' when trading. Mastering trading psychology is by far one of the hardest aspects in trading yet it is also the one that will drive you to you success as a trader if mastered.
I would truly love to cater this podcast to you guys and in order to do so, i need to understand what it is you're struggling with and what you would like to cover i.e
- finding taking profit hard?
- being consistent
- scared to take a trade or uneasy when you're in a trade?
- Losing too much?
Anything you think of, drop it in the comments below or message me!!
ZOOM $ZM - Weak Chart + Fundamental catalyst - MUST SEETicker:
$ZM ZOOM
Notes:
Zoom - possibly going to come back below a descending resistance that it broke above on Thursday. Fundamentally, Facebooks announcement of their competitive offering to $ZM is going to help this SHORT!
xeenos trading - sending positive energy to all those watching
$LYFT - possible opportunity if you missed the breakout in UBERTicker:
$LYFT
Notes:
LYFT didn't clear it's resistance level yet (that's been in play for weeks) - UBER cleared it's on Friday. If UBER is strong tomorrow, you can possibly get a nice entry in LYFT! I'll be stalking both of them - in addition to a few other things - TOMORROW!!!
xeenos trading - sending positive energy to all those watching
👨🏽🎨👩🏽🎨👨🏻🏫HOW TO MAKE TA IN 10 MIN 👨🏫👨🏻🎨🧑🎨Hello guys! In next 10 min I will teach you how to make TA!
Really simple steps to create your TA.
4 useful tools to build your TA:
-Trend Line
-Head and Shoulders
-Levels
-Fibonacci
ATTENTION: Dear followers please consider to appreciate my ideas on tradingview with your likes, this will help bring more quality content in next trading ideas. And if new to my work, and you like it, you can Follow my page to receive ideas in your Ideas Stream. Thanks 🤝😊
Stay tuned to Artem Crypto
The Gold Method Ichimoku Weekly ReviewHere is the Weekly review for the week of January 20th through the 24th:
Another strange week as the GBP pairs remained in a consolidation.
We only took one trade, which was a failed breakout on GBPAUD on Monday for a loss of -27.6 pips.
Recognizing and adapting to the current market conditions we became more selective with our trades. By doing so we avoided taking three more losses this week and you can never discount the benefit of not putting a hole in your account.
Moreover, we did have 2 trades that came close but did not reach our entry and therefore were invalidated. A huge benefit of using specific entries is that it allows us to have a small stop loss and hence a larger position based (based on risk%). The downside is sometimes, like this week, we will miss trades.
So there it is, the first losing week for the Gold Method Ichimoku since we started.
Consolidation is followed by expansion, market fact!!
Stay Green my friends,
Allen
The Gold Method Ichimoku Weekly ReviewThis week tested our patience and discipline in the Trade room for The Gold Method Ichimoku.
Here is a day by day breakdown:
Monday, we passed on both a breakout trade and a MA trade, both of which made money. However, despite the potential result the decision to stay out based on the market conditions at the time was correct.
Tuesday, we had a very nice Type 1 Break out trade on GBPNZD which was good for 26 pips.
Wednesday, we took a news/MA trade in GBPJPY that we closed flat.
Thursday, we had a Type 1 Breakout trade in GBPCHF which quickly jumped up 10 pips, but then unfortunately failed.
Friday, While we got teased with a couple of potential trades before UK retail sales, we got a News/MA trade in GBPJPY after that went for 45 Pips. ( I closed my position flat as did some others). However several traders who needed the trade to get above their BFV stayed in and accomplished the goal. Well Done!!!
Sincerely,
Allen Gold
Since I have had several more traders inquire about the book and I hate to turn people away, if you are interested in the book, please send me an email at FXGOLD54@gmail.com
COME AND LEARN WITH US! TRENDLINES COVEREDWelcome back to my video series. In this video i have covered trendlines, it's important that you understand the basics first before you move onto any advanced.Don't be in rush, trading is a skill that requires patience and practice.
I have linked the video to support and resistance and trading timreframes.
If you have any questions or comments, leave them down below.
MAJOR TOOL YOU MUST HAVE IN YOUR TRADING TOOL BOX!COINBASE:BTCUSD
SUPPORT AND RESISTANCE COVERED! It is so important that you understand support and resistance. It may seem so basic but this alone can make you consistent profits. Understanding where the market may pivot is an edge you simply can not afford to not have in your technical plan.
If you have any questions or comments, leave them down below and i will get back to you! want a topic covered? let me know in the comments.
TRADING TIME FRAMES COVERED!Hi all,
I know i am abit late with the video feature but better late than neverrrr!
In this video i have covered the key trading time frames and the things you should be looking out for.
What would you like me to cover? leave your comments below and i will get back to everyone! :)
The Gold Method Ichimoku Weekly reviewThis was our Seventh week, and the last of the month, in the Training room for The Gold Method Ichimoku.
I need to thank those who took part and for all their hard work and effort this week. With the various news events we were meeting at different times and looking at different market conditions Working with you guys was an absolute pleasure and I look forward to continuing our relationship, so you achieve your goal of becoming Professional traders.
Here are the quick Stats for our days together:
6 winning trades
1 losing trade
Pips won: + 2768
Pips Lost: - 20.3
Here is a day by day breakdown:
Monday: We had a Type 1 trade set-up in GBPJPY which triggered, rocked up to our Profit target, closing for 75.1 Pips profit. The trade never saw red
Tuesday: We took a news trade on GBPAUD, which did not work out -20.3 Pips but then Had a great textbook Type 2 trade in GBPNZD god for 82.2 pips.
Wednesday: We took a Type 1 PB trade in GBPNZD trade which worked out unfortunately we got out prematurely with a +10.7 pip gain.
Thursday: We took a GBPJPY Type 1 breakout banking 33.9 Pips and another Type 2 Trade in GBPNZD good for 24.8 PIps
Friday: Starting with a mixed market, we patiently waited for the right opportunity. Which came in a MA trade on GBPAUD which we closed for +50 Pips, although it did reach our profit target of 60. Awesome trade that got positive quickly and stayed that way.
For the week, since I risk 2% per trade, I ended the week with a 21.08% gain. Another Great week!!!
Sincerely,
Allen Gold
* Remember Monday is the deadline to join the Gold Method Ichimoku.
** And for those who missed it…
After I am done with new trader training and starting on December 9th, I will be converting the training room into a trade room for The Gold Method Ichimoku.
This will give all members real time insight as to what I am “seeing” in the live market and allow me to further explain concepts.
All for the tremendous, outrageous price of Zero, nadda, nothing.
NY SESSION: 7:30 short - XAUUSDShorted at 4H LH, after 1m bos, retest, entered close to 5m LH. Couldve gotten a better entry above 5m LH, but we'll try next time. I'm a poet n i didnt even know it.
partials when achieved a 1:3 RR. Stops rolled to b/e.
up +30 pips on the day. I'll show my EU and GA trades shortly...
The importance here is ATM (active trade management). Secure the bag n your done work.
Evolving.
2020 started yesterday. lets get this bag.
The Gold Method IchimokuThe Gold Method – Ichimoku
My New E-book, The Gold method – Ichimoku, is now available!!! This is the most complete publication that I have done. The first several chapters, explain in great detail, my methodology. The next 20 Chapters is a step by step, day by day application of the methodology for varying real-life market conditions.
I will explain and you will see, as there are tons of screenshots, how each step of the methodology is progressed through. The end result will be knowing the best pair to trade, direction and specific entry and exits.
You will be presented with high probability set-ups with good to great risk reward ratio and equally important when there are no high probability trade set-ups.
Included with the purchase of the E-book is the following:
1) The Book itself…duh
2) Unlimited email support.*
3) The excel spreadsheets, for all pairs, that I use to help document my trades.
4) And most important, 4 Sessions in my training room, where we will work in live market conditions from 1:45 am est., to 4am est., on Monday, Wednesday, Thursday and Friday.**
The Purchase price is $54.95, which unfortunately is non-refundable as the material and training are proprietary. As I am sure you can understand, once you have it, there is no way to get the genie back in the bottle. Because of that, I would urge you, before, you purchase my Ebook, to look at my trading posts and make sure for yourself that this is for you.
Moreover, this is not a novice book, it does require basic trading knowledge.
As most of you know, I combine Strength and Weakness, Correlation and Multiple time frame analysis with Ichimoku concepts. The result of which are High probability (85% or better) set-ups with good to great risk reward ratio (3-1 or better).
I am not interested in the amount of trades, just the quality. If you want to just hit buttons and place trades, this is not for you. If you want to generate consistent income read on…
To purchase the book please remit $54.95, via Paypal, to FXGold54@gmail.com
Please use the same email you want the Ebook and Bonus material sent to. Please note that the material and training room invitation will only be sent to that e-mail address (unless you advise otherwise in advance).
Sincerely,
Allen S. Gold
Lead Trader for FXGold, L.L.C.
How to be a Successful Forex trader Segement 12Ichimoku Daily Levels:
The ichimoku Daily levels are like stone walls. price hits them and stops. As you can see above price came down to the Daily Kejun Sen (black line) at 1.63258 and reversed.
You could have placed a buy order at that level with the following parameters:
Entry: 1.6325
Sop: 1.6295
Risk = -30 pips
profit target = 1.6403 (the daily Senkou B)
Reward = + 73 Pips
RRR = 2.43 - 1
that trade would have hit the Profit target for + 73 pips
with a draw down of 19 pips
You could then take a stop and reverse trade at the Daily Senkou B
which would have been good for + 42 pips with a drawdown of only 5 pips.
Although the daily Ichimoku levels are very powerful, the only issue is the amount of trades.
Moreover, I would point out that you only want to trade the level the first time and reaches it.
hope you guys like the post.
Also I would like to thank everybody who has pre-ordered my new book which will be published this Monday September 30th.
Those who have pre-ordered, will be receiving their copy tomorrow afternoon ( Friday September 27).
In fact, from all the support I have gotten while working on the book has made me even more precise and focused resulting in one of my best performance months ever.
Accordingly, I felt compelled to give a little love in the book to everybody who has pre-ordered the book, because it has in fact raised my game.
I can't wait to work with each and everyone of you and assist you in becoming professional traders.
warm regards,
Allen
EURNZD Short Opportunity Sell when We get confirmation Hello Trader's How are you All It's Champion Trader We have EURNZD so we can Short it And Make some good profits Hello Trader's it an on his Highly Time Frame a Very Nice Sell And we can Cash it so If you want to get 85% winning Signals or Account management with 6 Years expressive so Message me on Telegram @championstraders Can make some Good money Guy's FX:EURNZD
TRADING IS NOT AS IT’S PORTRAYED ON SOCIAL MEDIA .. READ BELOWThe reason so many people are attracted to trading is because of how it is portrayed on social media. I’m not here to Bullsh#t you, I am only here to deliver pure facts and that is how YOU WILL LEARN.
Firstly, the most us were attracted to trading because of how simple it seemed to actually make money, until we started trading and realised that it wasn’t that simple.. And this may be the stage you are currently at so let me clarify a few things that will hopefully help you in your trading journey.
Your trading account is YOUR business, treat it like one it is not quick money! A business goes through stages of a life cycle, and these are the stages you must go through too before you figure it out:
1. Development / Seed stage
2. Start up
3. Growth / Survival stage – Your most crucial stage
4. Expansion / Rapid growth stage
5. Maturity stage
6. Decline – The moment you stop learning and think you have it figured it out, is the moment you will decline.
Trading is process that may take you 1 year to master If you have the right mentor or even up to 5 years to master if you don’t. But it is a process, you will take losses through the process but that is necessary for success. You have to trust the process and FALL IN LOVE with it.
If you are trading for the sole purpose of making money then you approach is wrong. I trade because it is my passion, it gives me the opportunity to figure out the ‘uncertainty’ and to empower others. The profits are the end result of obeying your trading rules/plan and obeying the unspoken rules of the market.
KEY TAKEWAYS:
1. Trading is a PROCESS, stick with it, be consistent and it will pay off.
2. Find a mentor who has YOUR best interests before theirs.
3. Your trading account is your business, approach is as one. Businesses take years to reach the maturity level so make the same mental shift
4. Focus on the bigger picture, money is an end result. It happens after the fact, after you’ve taken and closed a trade.
I will be doing analysis on GBPUSD, some potential big moves to come.. Follow us to get notified.
Feel free to ask any questions below.