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Impulse

Crypto backtesting and chart work in price action analysis Hello everyone: Today let's do some backtesting and chart work on the crypto market. I have done similar videos on Forex and Indices’ market, and I want to do one as well for crypto to showcase price action that will happen in any market, any time frame. Make sure to check out the below videos on why I backtest and do chart work. This is to help us to get better at trading as a whole, and remove emotional decisions. I will dig back some crypto pairs and look at the bullish impulse on the HTF, and go down to the LTF for confirmation and entries. Any questions, comments, or feedback please let me know :) Thank you Jojo Backtesting & Chartwork on Forex Market Backtesting & Chartwork on Indices Market How & Why I backtest: Prevent Blowing an account by backtesting:
BINANCE:ADAUSDEducation
by jojofang0901
39
NZDUSD Reversal from the top. Hi everyone: Most USD pairs are getting strength in the last 2 days, and NZDUSD is certainly shaping up for further bearish price action to the downside. Price has correctively move up within this ascending channel, and hitting a HTF double area. Price then had a sharp bearish impulse down, looking to breakout of the reversal ascending channel. Wait for confirmation breakout follow by LTF continuation correction to get in the sell. Thank you
Short
by jojofang0901
17
USDJPY - SHORT ENTRY PRICE - 106.580The impulse to the North broke through the supply zone and formed a possible false breakout. The reverse impulse has not formed. The formation of a double top is quite possible. It’s time to start preparing to sale this pair as we reached the upper boundary of the uptrend channel. ENTRY PRICE - 106.580 SL - 107.100 TP1 - 105.500 TP2 - 104.900 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better. 3. Never over-leverage your account. 4. Accept your losses, move on to the next trade and trust the software. 5. Make realistic goals that can be achieved within reason. 6. Always trade with money you can afford to lose. Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments. Have a nice day!
Short
by Profit_Trader
3
EURUSD - LONG (BUY LIMIT) ENTRY PRICE - 1.19900 The impulse to the North has been completed @ 1.22400. A return impulse to the South has formed. Price is going down to the next Demand Zone to complete the Cypher Pattern. Be ready to buy on a pullback @ 1.19900! ENTRY PRICE - 1.19900 SL - 1.19450 TP1 - 1.20850 TP2 - 1.21400 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better. 3. Never over-leverage your account. 4. Accept your losses, move on to the next trade and trust the software. 5. Make realistic goals that can be achieved within reason. 6. Always trade with money you can afford to lose. Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments. Have a nice day!
Long
by Profit_Trader
2
Reversal Impulse Price Action - Trend Change Confirmation Hello everyone: Welcome back to another price action structures/patterns video. Today let's take a look into the reversal Impulse price action from the market. I have back tested and seen these types of price action happen very often in any market, any time frame. Its signaling a very strong trend change and reversal momentum from the price. Let's take a look into what it looks like usually, and how to effectively take advantage of these types of price action in the market. Seeing them on the HTF, giving us strong bias for a reversal trend change coming. Seeing them on the LTF, signs of reversal from the LTF first, and leading towards the beginning of the HTF reversal move. Remember, Multi-time frame analysis is key. If we spot a potential HTF reversal impulse, then likely LTF price action is also showing reversal price action structures/patterns. We want to pair as many positive confluences as we can together to give us an edge entering the trades. As always, any questions, comments or feedback please let me know. Thank you Jojo
OANDA:US30USDEducation
by jojofang0901
39
EURAUD - To short to 1.52400, then long to 1.55800As you can see on the chart, price is currently in a downtrend. Price has left the supply zone at 1.55800 where it turned support to resistance. Therefore, I expect price to short to the previous support at 1.52400 before retracing upward to 1.55800. Watch out🔥🔥 What do you think? Share your opinion in the comment section.😇 Please support this idea with LIKE👍 if you find it useful.🥳 Follow me to receive more contents like this.🤙 Happy Trading💰🥳🤗
Short
by PetrockFxTrading
3
EURNZD Time for bullish reversal hello traders: EURNZD has been dropping very hard since October last year. We see bearish price action to continue pushing the price down. However, in the latest price action, we see a descending channel has been form, correcting the price to a HTF double bottoms. This could be the first sign of the bearish momentum may be exhausted, and bullish price action is imminent. LTF has a sharp , reversal impulse up, waiting for continuation would be nice to get in one this bullish reversal. Thank you
Long
by jojofang0901
6
Weekly Trading Recap: GOLD, SPX500, GBPUSD, BTCUSD Feb 27th 2021Hello everyone: Welcome back to my weekly trading recap video. This week I took more trades than usual, resulted in more losses. Overall still in the positive for the month not include my BTC long term trade, so lets take a look at the trades taken this last week. Full trading journal in my profile link. GBPNZD - Got tagged out for 0.5% profit. Full analysis/forecast: GBPUSD - Took a full 1 % loss. Full analysis/forecast: SPX500 - Manually exit for 0.33% profit. Full analysis/forecast: GOLD - Took 2 trades, 2 full 1 % loss. Full analysis/forecast: AUDCAD - 1% loss Full analysis/forecast: USDCHF - 0.5% loss Full analysis/forecast: BTCUSD - Closed both trades down. First trade in 12.39%, second one BE. Full analysis/forecast: Any questions, comments or feedback please let me know. Enjoy your weekend. :) Jojo
BITSTAMP:BTCUSD
by jojofang0901
29