CADJPY Potential SellCADJPY M30 Bearish Bat alerted as expected. Would like to see price close below support at 91.143 and retest the recent support before opening a bearish position.
Moneymanagement
BASIC MONEY MANAGEMENT - LOT SIZE VS REVERSAL AND ACCOUNT SIZEWe see too many new traders trade with random lot sizes with no understanding on the impact it has on account sizes, which result in not only losses but BLOWN accounts. This post is by no means a risk or money management strategy but more so just basics on the movement of reversals and how the lot sizes impact the value of your account during this reversal.
Trading with the right lot sizes allows a trader to manage their account/money when the trade goes against them. The right size allows a trader to move a range without blowing their account and without seeing their account reverse to the point of no equity. This type of trading gives traders anxiety and in return this anxiety impacts trading psychology. This then has a ripple effect and impacts your trading decisions and analysis.
The example we show on the chart is an entry of SELL that reverses by 380 PIPs. This movement happened in literally 2 candles (1hour candles) , so in two hours the price from entry reversed by 380 pips. This example then shows what this equates to in monetary value dependent on lot sizes.
The example shows that anyone with a £500 account trading this movement with a lot size of 0.20 would have blown their account.
Lot size usage should be based on the size of your account for example;
£500 size account - we will only use 0.01 size lot sizes with maximum deployed total no more than 0.05. This will allow an account to survive volatile movements. Also using stop losses ontop of this setup further strengthens the risk management.
£1000 size account - we will use 0.02 lot sizes with maximum deployed total no more then 0.10 any given time.
£2000 size account - we will use 0.03 lot sizes with maximum deployed total no more then 0.30 any given time.
£5000 size account - we will use 0.06 sizes with maximum deployed total no more then 0.50 any given time.
Basically 0.10 for every £!000, as the total deployed usage allows us enough flexibility of movement on the chart and then using stop losses ontop of this, gives us further control of our money management.
We hope this quick basic insight helps some of the newbies better manage their lot size usage.
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GoldView
MANA! Swing set up MANA,
With fb news we might see this bad boy going up to 35$. Long term even higher.
This long term Investment. Don’t miss out.
Falls In our research on swing set ups with a good ratio of Risk and Reward.
As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio.
Subscribe and don’t miss out next research.
Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains.
Thank you for the Love, I really appreciate those likes, makes a difference.
GBPAUDGBP/AUD is trading in a rising channel
And even though I've got mixed bias on the pair
The price is retesting the rising support
And I think that we might see a local rebound
With the target of retesting the previous high
Buy!
AUDUSD ShortHey Traders, in tomorrow's trading session i'm monitoring AUDUSD for a selling opportunity at 0.748 - 0.750. We are waiting for a possible reversal. Once we will notice any bearish confirmation the trade will be executed.
XAUUSD ShortHey traders, i'm watching XAUUSD for selling opportunity around 1780.
remember that in this type of trades you should use a good risk management, because gold moves are big and dangerous and it's easy for gold to marginate your account. Trade Safe.
Joe
AUDNZD Hey Traders, we are monitoring AUDNZD for a selling opportunity around 1.057 area, once we will receive any bearish confirmation the trade will be executed.
Trade Safe, use proper risk management, risk small, aim big.
Joe
EURAUD LongHey Traders, in this week we are monitoring EURAUD for a swing buy around 1.56 zone, respecting a strong monthly uptrend in combination with a weekly supply and demand zone, once we will notice any bullish confirmation the trade will be executed.
remember that in swing trades the market movements are a so violent comparing to scalping, so it is necessary to go for the right money management plan.
Trade Safe, risk small, aim big.
Joe.
EURUSDHey Traders, in this session we're monitoring EURUSD for a selling opportunity around 1.1598 area, i'm bullish on USD this week for most pairs, once i will notice any bearish confirmation the trade will be executed.
it's very necessary to take money management in consideration in this type of trades since market movements are more violent on bigger frames comparing to small time frames.
also remember to risk 1% of your account size at each trade. 1% means 100 losing trades in a row will knock you out from the market which more unlikely.
but if you trade without money management and you risk 20% 25% we're not talking about forex we talk about gambling and we talk about 4-5 losing trades in a row will knock you out from the market.
Trade safe, Aim big, risk small.
Joe.
USDJPY SWINGHey Traders, in the coming week, we're monitoring USDJPY for a long term buying opportunity around 112.4 - 112,8 Area.
we expect a bounce at 114.3 zone the weekly resistance before the rally to 116 - 118 zones.
use proper risk management, especially in the swing trades since the Market movements are a bit violent.
Trade safe, Joe.
NZDUSD ShortHey Traders, in the coming week we will be monitoring NZDUSD for a selling opportunity around 0.7085 area respecting the strong down trend on Daily frame ( Trend is your friend) in combination with the resistance zone, once i will notice any bearish confirmation the trade will be executed.
Remember to use proper risk management and don't risk more than 1% of your account.
never trade against the trend.
Trade Safe, Joe.
GBPCHFin this session, we are monitoring GBPCHF for a short opportunity around 1.271 area, respecting the ascending channel in 1h frame in combination with the supply zone. once we will notice any bearish confirmation, we will execute the trade.
remember to use a good money management, don't risk more than 1% of your account size.
ADA, wealth creation Swing Set up,We hearing slot news about ADA,
We been making great % gains previous set ups, check them out.
We might see a ATH, with such a great demand for this technology. The Risk and Reward is great the trend is great.
Don’t miss next research trade, follow us.
As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio.
Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains.
Thank you for the Love, I really appreciate those likes, makes a difference.
FET! Wealth Set Up, Swing Idea.Another swing research on risk and reward trades.
As you might see the set up is great as FTM LAST WEEK. We killed. See previous post.
As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio.
Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains.
Thank you for the Love, I really appreciate those likes, makes a difference.
Engage : Money Management in TradingTribute Video to my 12000 Followers on Trading view.com
“Successful trading depends on the 3M`s – Mind, Method and Money. Money refers to how you manage your trading capital.“ – Alexander Elder
This Video I talk about Money management and tips.
Concept taken from Steve Burns @SJosephBurns article on Money management.
@hsi long there is an HSI idea with going long a few weeks ago.. I was wrong :)
now it is a better chance to accumulate some long positions; as I marked on the chart, there are 3 ways to go; as you know, the lines/channels are there just for guidance
And will the drop continue?Continuation south for GBPUSD at the moment, no doubt many are already longing this pair trying to catch a reversal but trade what you see not what you think.
I had a clear sell sign from my analysis yesterday and took a sell but only to the low which was still a decent 3.5R.
I have a Daily Demand zone marked out in which it's currently sitting.
Today I have my areas marked out and will trade exactly the same way as I have on my plan.
The markets tell you a story just go with it. Don't try to make up a fairy tale for yourself.
GBPUSD Bears in controlWe see on the daily chart the british sterling pound is under clear bears pressure and broke the support already on the 4H chart
So its clear chance to enter a short swing trade with big targets and small stoploss just above the last high with 100pips length and our target profit will be at 1.29000 with 700 pips
BTC SHORT TRADE OUTLOOKOutlook on BTC, the present bull run might get rejected at the area of confluence of 50000.00.
Expectations is Btc will drop to 45000.00. That will be another opportunity to buy the coin.
Retail vs Institutional InvestorsRetail
✔️Retail Traders are individual traders who buy or sell stocks, securities, or assets from their personal accounts.
✔️Retail Investors mostly focus on technical analysis, price patterns, and Indicators.
✔️Because of low volume, orders submitted by a retail trader cannot affect the price of an asset.
✔️Retail traders can come out of trades or their positions easily at any time with minimum slippage.
✔️Retails investors have more quality of life as they don't have to trade on a regular basis and can take a break whenever they want.
Institutions
✔️Institutional traders are highly skilled individuals who have a degree in finance, economy, or math and are employed by large institutions to do the trading.
✔️Institutional traders carry out the most trades over any major exchanges and greatly influence the price of a security, commodity, stock, or cryptocurrency.
✔️Institutional Traders have access to a large amount of capital and exotic products. They also have early access to the latest news and buzz as they have the
ability to pay a good amount to various media outlets.
✔️Institutional Traders manage accounts for larger groups or institutions, banks, hedge funds to buy and sell stocks.
✔️Because of large volume orders, institutional traders can greatly impact the prices of a security
✔️Institutional traders focus on fundamentals, sentiments, and trading psychology.
What kind of trader are you? And let us know more differences between these two in the comments box below.
Follow us for more educational ideas, analyses, and scripts.
Happy Trading!
@usdzar: not that bad datathe data was bad, but not that bad;
maybe it was a emotional reaction;
we saw this scenario a week ago, when the dollar was weak on Friday but Monday got back on track;
@USDZAR long 4hthis is an opportunity for going long
we can go long now, we can wait for a retest of one of the zones
remember that I am not a short term trader :)
EURUSD CONSOLIDATING FOR A BREAKOUTThe EURUSD pair is consolidating within a triangle from the 1H time frame on the chart above, with intensive buy pressure that started yesterday and could not proceed much in the early hours of today. the price has stalled with the triangular candlestick pattern. a breakout is necessary to determine the directional effect of the continuation pattern after a breakout in the above asymmetric triangle.
