Moneymanagement
Shorting USDCAD from 1.33 via Daily SupportNews early Wednesday morning EST worked as a catalyst in moving USDCAD down from 1.33, a zone of daily support for the pair. Looking to secure 100-200 pips on this trade, with a 40 pip SL. Adding shorts every 75 pips via sell stops. Set SLs around 1.334, and trailing stops of 20 pips after 50 pips in profit.
All trading involves risk. Past successes don't guarantee future results. Trade with caution and proper MM.
AUDUSD - Short at supply zone - 15mi prefer the higher short but both of them could be take
________________________________________________________________________________________
Golden Trading Rules:
Become a Student of the Markets
________________________________________________________________________________________
I'll be happy to read your opinion and ideas
if you like the idea, please give it a like for support, thanks
Have a profitable day
Telegram Channel: t.me
Telegram Group (More than 500 Reputation Only): t.me
Bitcoin's Real SupportHello Everyone!
I am Donald David Dongalore!
This idea is less of a trade and more of a thesis about BTC!
As you can see here, there seems to be a heavy interest in continually increasing the M2 money supply, and by extension...all other money supplies!
The best part about BTC, is that it is finite! Meaning, that the more money that the Federal Reserve and U.S. Treasury make, the more valuable your BTC will be! Hooray for hard money!
This is not financial advice, but it probably could be. But its not.
Yahooooooooo!
GBPJPYhitting demand zone
fibonacci support area
________________________________________________________________________________________
Golden Trading Rules:
Big movements take time to develop
________________________________________________________________________________________
I'll be happy to read your opinion and ideas, and if you like the idea, please give it a like for support, thanks
Remember, we are speculators, not investors ;)
Have a profitable day
Telegram Contact: t.me
Supply And Demand Strategy
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
US30 30/09/2019Hello Traders!
We play with Smartmoney concepts, that means that we look mostly on PA 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 SM).
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 SM 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 SM.
CHARTS AGENDA:
SM - SMART MONEY
PA - PRICE ACTION
BITCOIN SIGN - MONEY POCKET
ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS
BLUE LINES - ENTRIES WITH SM
MARKED LINES - POTENCIAL ENTRY POINT
BOX - GAP's
GOD BLESS U ALL!