US30DO NOT TAKE THIS OR PLACE THIS UNLESS YOUR STRATEGY CONFIRMS THIS⚠️⚠️⚠️⚠️⚠️⚠️
This is a possibility a very high but the probability is 50% so we will wait and watch. It's showing signs of a melt but the fundamentals are steady right now pending more Twitter news, FTX updates and inflation changes.
Ngwanemoney
UJThis is currently where my thoughts are. I've had a mentally challenging weekend so it took a toll on my psychology, I took a major loss on US100. So I forgot to post this one, slowly I am working to get better and do absolutely better. I didn't blow the account, I just didn't follow my plan and rules, got punished for that. Now this is what I had seen earlier and got triggered, now I see another entry. So I'll wait and execute when it goes how I want it to.
BTCUSDThis is textbook structure and patterns I am seeing BUT WILL NOT BE TAKING. Just analysing ad forecasting as it is one of my focus instruments. It would be a good trade but because I'm focusing on GJ, it'll cause of risk ratios to change and go against my rules. So I'll watch and practise as a way of sharpening my edge.
GJMaybe I'm too wishful and not seeing deeper than I should. I opened this, zoomed out, went to the 1H chart and I see a pattern I figured out while backtesting. Named it the Bat, because it looked like a bat but was not an inverse H&S full structure. So I'll place my Buy Stop and wait it out. It's Friday, even if you don't find trades it's still fine.
US30Forecast is still the same but entry is changing. Those that did trigger have hit SL. DON'T REVENGE TRADE. If it came close and didn't you can either manually close or hold, dependant on your level of risk mitigation.
US100Forecast is still the same but entry is changing. Those that did trigger, hit SL and now we out and stay out. DON'T REVENGE TRADE
US100Not liking how the market is moving, so might actually close the trades and wait longer. Both US30 and US100 are moving slow and possibly preparing for a pullback.
AUThis was my analysis and resulting forecast a while back, and I appreciate that because I do not know this pair (Studied It). It has showed me that in order to understand it I cannot come with the same mentality as where my pairs I focus on everyday. So I take the lesson and add to my book of learning and sharpening
US100I'm seeing a textbook like pattern as well. Wait for the break and retest before entering . This is still a business so we don't get excited, we plan, we trade the plan and we mitigate until the deal is closed (Whether profitable or not). Keep your eye on it and watch if it goes inline with your trading plan, IF NOT DON'T TAKE THE TRADE.
US30Straight forward and very textbook like. It's rare to get exact textbook examples but when we do, like the Egyptians we use the knowledge we have to create wonderful feats. BEFORE ENTERING, !!!! WAIT FOR THE BREAK AND RESTEST !!!!. Please don't just enter because that is not using strategy, that's gambling and over a long period of time it ends in negative accounts.
GJThe amazing thing about being human and not a wall, is that you can move, you can change and that people don't see you and think toilet (I would hope😁). This shows us that our analysis was right but not inline with the market. So now we clear the screen and analyse with what the market is now showing us and forecast from there.
BTCUSDNot big on trading Crypto as a Derivative. I prefer to HODL Crypto, because long term it smoothes out better and has better returns. Due to the type of volatility I'm expecting, I'm protecting my capital by staying away from currency pairs and futures. Enjoy your Friday, I'll be back after NFP.
SL has been moved into TP
GJFor the sake of transparency, move your SL into profit. It still is NFP week so we put an even sharper eye on in order to calculate our moves. We move and we move and we move. Loss or Profit, same reaction. Your average trades in the end should still be in profit even if its R10.
WE MISS 100% OF ALL THE CHANCES WE DON'T TAKE. I did not even take the trade🙈🙈 but I forecasted.
US100Following textbook trading, this is a basic pattern which is indicating a downwards demand. Where the market has supplied and how it has supplied, there is not much against the bearish demand. Just watch carefully and trade like you already run a Billion Dollar hedge fund. If you look at it, it is basically going to melt and calling for you to find the melting entry.
US30Following textbook trading, this is a basic pattern which is indicating a downwards demand. Where the market has supplied and how it has supplied, there is not much against the bearish demand. Just watch carefully and trade like you already run a Billion Dollar hedge fund.