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Moneymanagement

Possible CAD/JPY short position!! SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 4-12 Hrs Actions on - A – Activating Event Market will meet resistance in zone @82.68 - .... and fall to the 82.200. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 82.200 FX:CADJPY Trade Management Entered @ ..... Stop Loss @ ..... Target 1 @ 82.200 Target 2 @ .... Risk/Reward @ 2.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
infinity trades EURUSD Beautiful example of a descending channel formation, using the Daily confirmation coming off the re test of the channel low we can see a clear indication of buyers in this market how ever going against the current direction of the bearish market we will need clear confidence in bullish momentum to insure this currency reverses its current structure, if we do gain a long entry we will be assessing TP1 for a potential continuation trade as to where we could enter a short entry and trade the bearish continuation which has more probability. Depending on the market conditions at the time this will determine how we approach this set up.
Long
by b12345678910
infinity trades nzd/jpy long biasAfter missing our entry for the long last week as posted on our page, we have now been given a chance to re enter, after last weeks failed attempt to break and close above our TP1 zone the market experienced a short term snap back, again we are looking to gain buying momentum around the ascending trend level on the retest. Our stop loss is below the previous last swing low also below a technical price this protects it from any potential stop hunts or fake outs that may occur.
Long
by b12345678910
INFINITY TRADES GBP/USD LONG IDEA Simple understanding of the current market structure, we can see bullish indications after positive Brexit talks that recently occured. We would expect a small pull back to re test our entry zone as marked on the chart, before finding buying pressure and making a move to the upside we shall alleviate risk at our TP1 as its a very technical area as to where we would need to see a break and for the market to close above to give us a clear indication that this price is going to be contiued to traded above therefore continuing the bullish structure.
Long
by b12345678910
infinity trades EUR/CADHere we have a great example of a structure change with in the market, as you can see this pair has been creating a series of LL and LH along with forming a descending channel, we can now see a psychological break of this bearish structure by breaking and closing above the descending trend price which confirms a new HH, after retesting a previous resistance we now have a h4 snap back to re test trend resistance as trend support where we could confirm our new HL this will give us confidence in a new bullish structure being formed.
Long
by b12345678910
Bitcoin has died 278 times so far! Bitcoin is dying - again ?You're here because you've completed some research and are starting to understand the opportunity and potential that cryptocurrency has! 99.9% of people do not invest in cryptocurrency because they've never heard of it, or don't understand it! When the general public starts to invest, the price of Bitcoin and other cryptocurrencies will sky rocket, meaning potentially really high returns to early investors. Below $7800 , I am not so optimistic! Strong Resistance blocks: $9,800 - $10,000 If we close above $12000 for a week, We will be opening new long trades! Then, Our targets will be $15000, $17000 and $20000 resistance levels. Strong Support block: $7,000 - $6,500 I’m opening a big-sized long position (saving some of my USDT balance in case we do get a chance at ~$4800 - $5200). Last but not least you should always keep the ratio below 30 - 40 % BTC 40 - 50 % ALT 10 - 30 % USD You are an investor / trader, not someone who can predict the future. Base your decisions on real facts and analysis rather than risky, speculative forecasts. People sent me some messages that What if BTC drop. Here is the answer for everyone. Major Support Zones: The last strong base of consolidation on the weekly chart is the base we saw form during the August to October period below $5K. Prior to that, the next major support zone is the base formed during June/July below $3K. It would make sense that one of those two areas of consolidation would be the new support zone of a big correction. However, we could see several weeks of rallying or sideways consolidation before we start to see a breakdown again that ultimately takes us to one of those levels. I'm not saying that is what will happen since we have a bull case but we have to keep all scenarios in mind here. I am also targeting $50,000 BTC value sooner or later! Never do something because other says so, trust yourself, but be open and flexible to learn from experts. Become stronger, become a wolf, not a sheep. This is not trading advice, and should be used for educational purposes. Do not invest what you cannot afford to lose. You are solely responsible for your trading and investing decisions. You use any information in this account only at own risk.
BITFINEX:BTCUSD
by CryptoEngineering
GBP/CAD Possible buying pressure after retest Looks like Gbp/Cad has made its retest at key levels and buyers are ready to take control for a moment at least to 38.2 fib. Which is giving us a good risk to reward. Fibonacci is drawn from the swing low to swing high and the price has retested important level at 61.8 fib and also made it above 50% fib, where it currently fights for its way to up. A Trend is obviously still bullish. Stop loss is below 4hr bullish engulfing and that gives a trade room to breath. Remember always to use correct money management. AlexTea
Long
by Keylevelfx