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Moneymanagement

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
Weekend special (Educational)Includes, 2, 6 rule Iron triangle of risk control (How many shares to trade?) The concept of risk control (Where to stop?) In the markets it hardly matters how good your trading system is.. What matters is if you can count or not. Confused? Even i was for many years before understanding the importance of Risk management in trading. There is one missing element in your trading and realizing it alone does not help, trusting and welcoming it does. Here is a small article inspired from one of the best books on Psychology and risk management. Continue reading: tradersworld.co.in
Education
by Vashisht_CFTe
AUDUSD- GOLDEN POCKET BOUNCEAUDUSD play here golden pocket bounce/double bottom RSI. You guys need to figure out own stop loss take profits etc... Once again my main swings will be formatted simple and organized. These plays like golden pockets, fibo levels are given to you and its up to you on what to do with them! Please keep in mind that I do not give Financial advice. Everything I post here is for educational purposes only and I am simply just sharing my ideas on where the market may be heading. They are not meant to be followed blindly. If you guys like what I post here please leave a comment and share my page. I am also open to help you guys with any setups you may have as well. Thanks and take care! my.myfxchoice.com Use this sign up link to get a 15% bonus on your deposit. This is the best broker I used in terms of quick withdrawals and support. They also let you deposit bitcoin so thats a bonus!
by Pip-Thief-Mike
Money Management 101SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Money Management 101 Are you receiving a win-rate of more then 60% and still loosing money?? Money Management may be an area that you need to focus on. It is an essential element in becoming a professional trader. Listed below are 4 Simple Steps To Evaluate Your Financial Health; 1. Position Sizing A portfolio of $... and I decide to only risk 2% on a trading strategy 2. Capital - How much? A portfolio of $.... 3. Loss - How much? I must be right more then 50% of the time, but win more money on winning trades versus losing trades. I will use stops and limits to enforce a risk/reward ratio of 1:2 or higher 4. Profits - What? A profit/loss ratio refers to the size of the average profit compares to the size of the average loss per trade. For example, if your expected profit is $1500 and your expected loss is $500, the P/L ratio is 3:1 Please let me know if you have any questions :) Happy Trading "The simpler it is, the better i like it" Peter Lynch
TVC:GOLDEducation
by SMPTrader
Money Management & Psychology 101SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Money Management/Psychology Cycle of Market Emotions The Upturn • Optimism: The normal financial specialist enters the market feeling hopeful. They may likewise have elevated requirements for the profits in which they are involved. • Excitement: When the market goes up, the desires begin to end up noticeably a reality and the financial specialist encounters commitment. • Thrill: The market proceeds up and the financial specialist is excited. • Euphoria: As the market achieves its peak, the financial specialist is euphoric and very certain that the market will proceed up. The Downturn • Anxiety: The market starts to plunge, producing sentiments of nervousness (Point 5). • Denial—The market keeps on falling, and the financial specialist experiences dissent with so many considerations as "It's alright, I'm in it for the long run," and "This is only a transitory misfortune," (Point 6). • Desperation and Panic—As the market cycles bring down still, sentiments of urgency and anger follow (Points 7 and 8, separately). • Surrender—Panic, in the long run, offers an approach to surrender when the financial specialist supposes "How might I have been so off-base? I cannot deal with being in the market anymore. I can't take any more misfortunes," (Point 9). The Bottom and the Recovery • Depression: While the financial specialist flounders in wretchedness (point 10), the market winds up in a sorry situation and offers a route to another bull. • Hope: As the market keeps on reinforcing, the financial specialist is confident that the market will proceed up (Point 11). • Relief: Once the market affirms it is in an uptrend, the speculator feels alleviation, however, they are as yet not sufficiently sure to contribute (Point 12). • Optimism: The financial specialist holds up until the point that they feel idealistic once more (Point 1 or frequently significantly later) before re-entering the market. As we portrayed over, this typically does not occur until the point that they have officially missed a huge bit of the up move, and their opportunity to recover misfortunes with it. Position Structure There are several trading software’s, which empowers the individuals to either structure or drive their framework by an individual or by position. Before the data is set-up in the control tables, an individual should choose which technique to utilise. The framework forms the data contrastingly relying upon the person’s decision. When the software is driven by an individual, work codes are utilised to arrange work information into gatherings. These codes are utilised to connect individual information to work information. When the software is driven by position, despite everything, work codes are utilised to make general gatherings or occupation arrangements in the association, for example, EEO (measure up to business opportunity) and pay review information.
Education
by SMPTrader