ENTER SHORT NOW - LIVE TRADE - ZN1! - 30MN - OPPORTUNITYThank you for your likes! Please also MAX. Share! Very appreciated!
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We observed that the market has tested the resistance line several times .
Now that the volumes have broken our signal rectangle , and, at the same time, the market illustrates the formation of a long wick perfectly on the resistance line, the probability of seeing the market pulling back strongly are increasing.
The market always decides, so keep in mind that the next candlestick will be crucial and possible entry for a Short trade.
Alternatives:
If the market breaks the resistance line with a large candlestick larger than the one before, then, the entry will have to be confirmed with the following candlestick for a Long entry.
Livetrading
When you catch a trend, ride it till the end [LIVE TRADING TIPS]Hey whatsup guys!\
Denis here the lead trader at Primedtraders!
In todays lesson I want to go over our idea of trend trading in day & swing trading environment!
DAILY TRADING LESSON
When you catch a trend, ride it till the end
When momentum is on your side and your system agrees with the move (up or down), then by all means ride it till the end (next key level).
Most new traders will jump out of trades before they are finished trending because they are scared the market has gone too far and will take back their paper profits. (i.e. whats happening with GBPJPY right now)
But I have reasons to be in this trade and until those reasons change, im a short-seller of GBP vs JPY.
Here are just some reasons:
On the technical side we have a breakout of a key level and a solid bearish continuation pattern, momentum is down and there are strong reasons it will continue to stay down...
On the JPY side Coronavirus is increasing uncertanity and that makes the JPY a buy as its a safe-heaven asset especially in Asia (where the virus is hitting the hardest)
On the GBP side we have uncertainty with Brexit and how things will work out for the GBP..
Don't get scared by random noise... wait for real confirmations based on the close of each candle.... worst case just let a trailing stop take you out of this trade and don't get back in when you get out!
"The rend is your friend except at the end where it bends. - Ed Seykota"
Simple Long - Bitcoin! (BTC)Hello Traders. This is just a simple Fibonacci resistance breakout play, but is really only good if we break upwards out of this Fib channel. Overall, the Daily looks bullish enough to me, and although I'm not fully convinced BTC has made it's low above $6k (there are many things about the chart I don't like), I think there is room for a long here.
You can stay updated with my Bitcoin ideas, as well as other crypto and Forex, on my 24/7 livestream for free.
www.youtube.com
Good luck traders.
GBPJPY: waiting - is the key!Wait for it! Wait for the moment then price reach buy zone! Local highest high is already overwritten so wait for pullback and search buy opportunity with shortest stoploss !
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EUR/USD Short Live Trade - Erklärung in 5 MinutenHallo liebe Trader!
Aktuell halte ich eine sehr schöne Position im EUR/USD mit aktuell schon etwa 90 Pips an Gewinn.
Dabei möchte ich euch vor allem das managen der Position erklären.
Wenn ihr mehr solcher Videos wollt dann lasst es mich doch mit einem Like/Kommentar wissen.
lg Philipp
von Kagels Trading
Don't forget we are still going down!Hey guys thanks voor viewing this topic, if you followed our stream and on our instagram you also could have seen this coming.
If you like more of these post's/video's be shure to like and subscribe!
BITMEX live trading before this drop: youtu.be
youtube channel: www.youtube.com
Trade idea for DGAnother trade idea active on DG
Entry at $107.20
Target at $112.35 and 2nd target at $127.12
Stop at 102.77
DG bullish run on for months. Tis pullback set it up for a good buy opportunity, get it at a discounted rate.
Earnings in December so little time for the run.
it has the potential to achieve 6.52R at a target 3 of $136.15 be aware of the resistance at $111 and lock in profit as you go.