GBPUSD Price stalled out on the 200EMA on the Weekly chart!This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
Positiontrade
LTC / BTC Positional Trading The long-term trading channel 190%It is also worth noting that the coin is relevant for trading now!
Now we are in an important zone from which long-term movement is decided!
I chose the LTC / BTC pair as an example for positional trading. This coin works perfectly technically. To Bitcoin, the coin is held in a horizontal channel from the very beginning of trading. I think you understand that this is not an accident.
In the crypto market of several thousand scam coins there are several such technical highly liquid reliable coins. Litecoin is one of them. It is the impressive profit for those who work in large sums. The ideal ratio of profit and risk. Clear trade. It is easy to predict further price movements.
Positional trading is suitable for those who have already traded an impressive depot and are already tired of staring at the monitor and burning their time, spoiling their eyesight. For those who no longer get high from the excitement of management and so on. Because a large depot can in most cases be dispersed only by such methods. A person must have iron patience and an understanding of the market cycles. Because profits need to wait a long time. As you can see from the graph, for example, only one trend can last up to a year.
Positional trading is the work on the trend on a long-term basis, on charts covering a large time scale. For its implementation, fundamental and technical analysis is often used. Position trading is suitable for all types of markets: cryptocurrencies, stocks, goods, Forex.
In other words, position trading refers to a relatively long-term holding of a position in the direction of a global trend.
Thus, position trading is an independent style, significantly different from others. Market participants can use this approach to hold short-term and long-term positions.
Maintaining a position in the trend, and not work on small weekly fluctuations. This is the main difference from swing, which involves working on the basis of market cycles of several days. In positional trading, you can hold a trade for months or even a year or more (Dow Jones index), it all depends on the trend.
Coins for positional trading are selected very carefully, they must be reliable, be closer to TOP or be this top as an example of Litecoin. There should be a real development of the project in the long term, with a strong team that really does something, and not only has a promise legend. It is very important that the coin you choose for positional trading be highly liquid.
You can work (or rather need) as in long and short. In any direction the price you earn.
If you are not working in short, then most of the position is HOLD on a WALLET! In such a trade where transactions are conducted 1-2 times a year, it makes no sense to risk a huge amount and keep coins on the exchange. Even if you are doing risk diversification through several liquid exchanges.
Only the large time frame is important, we do not pay attention to small price fluctuations.
The purchase / sale of an asset is made only upon confirmation of a change in trend.
No hai and loy! Minimum prices and maximums will be left for hamsters.
____________________________________
Position Trading Rules:
1) A signal to enter a position is the beginning of a trend on a large timeframe (with a timeframe of 1 day or 1 week).
2) Exit from the transaction is carried out only if there are sufficient grounds for the end of the trend (trend change).
_________________________________________
The advantages of positional trading.
1) Does not take into account small price changes, that is, does not require constant monitoring of the situation.
2) There is no need to be near the computer all the time. In positional strategy, the most important thing is a deep and thorough analysis, on the basis of which a further decision is made.
3) An open position simply needs to be monitored if there is a situation that can change the position or price.
Positional trading strategy is an analysis of daily, weekly and monthly timeframes; holding an open position for at least a few days to several months.
In simple terms, positional trading is a meaningful and balanced entry into a transaction based on holding a position in a trend.
____________________________________
The disadvantages of positional trading.
1) a long expectation of results that can actually be measured only after months or years;
2) high responsibility for each forecast and analysis, since it can take many days and weeks to hold the wrong position;
3) slow progress in trading (holding positions is good if the trader already has experience, but you won’t be able to gain it quickly by opening deals once a year);
4) the need for significant investment (you can get a tangible income from position trading only if you have a decent amount of money in the account).
As a result, holding a position in certain cases is a significant advantage for an experienced trader, but fatal for beginner speculators.
DAX FUTURES- Position idea to trade .SWINGHello , everyone,
Remember to choose a trade size that fits your budget and doesn’t over-leverage your account. Markets can be unpredictable so ensuring you protect against excessive losses is important to your long-term success.
If you would like to take advantage of this idea make sure to let us know about your progress in a comment.
ATTENTION : The content presented in this publication IT IS NOT a financial or Investissement advice promoted to (you) you are totally responsible for how you manage your capital.
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EURJPY SHORT TRADE, BEARISH REVERSAL? 600 PIPS POTENTIAL!! Happy Monday everyone!!
After screening my chart this afternoon, i saw that there is interesting sell signal on Euro / Yen especially at the bigger time frame. Is it possible of the bear take in charge now? hmmm.. Might Be!! but lets take a look what information market currently gives us.
Monthly Time Frame
- Downtrend line potential 3rd touch
- Support breakout 128.803 currently on pullback
- Bearish Engulfing candle: Resistance at 123.318, Support at 120.008
- Sell signal identified
Weekly Time Frame
- Downtrend line potential 3rd touch (similar to monthly time frame)
- Support breakout 121.674 current on pullback
-Bearish Engulfing candle: Resistance at 123.357, Support at 121.259
- Sell signal identified
Daily Time Frame
- Support breakout 122.506
- currently price had already touch this support and move, creating engulfing bearish candle, this where i found my sell confirmation.
*ENTRY POINT EXPLANATION*
H4 Time Frame
- Lower low structure formed, 122.821 as high and 122.075 as our new lower low, breaking 122.212 as last week support.
- Double top formation formed at 122.821 as resistance, WAIT FOR PULLBACK to neckline 122.633, than we can good to sell
If this really monthly reversal movement than we might catch 600 pips more at last support 116.470
Thank you for looking at my analysis, this is my point of view on EUR YEN, whats yours? please let me know on the comment and i hope we can be friends ^^
GA NEXT TARGETAs you can see in my previous post, I was able to accumulate 150pips. I took partial, and re analyses the chart, and as you can see in the weekly posted above there is a lot of liquidity gaps that needs to be filled, and that trade I took last night was the perfect entry for this weekly breaker block. Im leaving it on for a while lets see where it takes me. =D
We make losing trades profitable. Martingale + Position Trading.The graph shows, by the example of BTC / USD, the combined 2 money management strategies for taking high profits with minimal risk. And for all the trading time, only 4 transactions were made, including the loss-making one, almost 2 times more expensive than the minimum price!
I showed a specially bad option when a person could not or did not want to exit Stop Loss and suffered tremendous losses. The price of the first purchase is almost two times more expensive than the minimum values! This is in order to show the high efficiency of this symbiosis of work. And how to pull even the most hopeless unprofitable transaction into profit.
There is a similar work on altcoins, but there are some peculiarities. On the one hand, they are easier to work and many times faster, but there are nuances. There will be free time I will make an article.
Let's say the first purchase of BTC was at a price of $ 6400 per coin at the bottom, which turned out to be not a bottom at all. Let's say that you didn’t get out on Stop Loos, or you had a coin in a cold wallet. And of course, during the dump, the input / output on the top exchanges was closed and you could not transfer coins to sell. When the exchange opened coin input, you no longer wanted to sell at a loss of -30% or so. What to do in such a situation? If you are still a bad trader and can not cover the losses due to the skill of work within the day.
In such a sad situation, the Martingale money management method will help you.
Martingale with proper operation will take out losses and help to gain a position at averaged reasonable prices.
A straightforward positional trading , about which I have already made a teaching idea, will help you get profit at average high prices when the trend changes to an upward one.
The main thing in this matter is understanding of work and patience. Also, you don’t have to stare at the charts every day.
Due to the entry with a volume 2 times larger than the losing trade, we get profit. The most important purchase of even 2 BTC was at a potential price bottom, from which a trend reversal could take place. It is important to buy not on support, but when it is confirmed.
As a rule, 2-3 purchases are made before a trend reversal. In no case should there be more.
Note that in the purchases and sales that I showed on the chart there are no lows and highs. The position was exited by breaking the uptrend line and fixing the price below it at a bitcoin price of $ 10,000, and the maximum price in this trend was $ 13,888! Coin purchases were also far from the minimum values. And the first is almost 2 times more expensive than the minimum price of a downtrend! Minimum prices and maximum prices let us leave the hamsters. We need to get real profit in real money with minimal risk.
_____________________________________________
To summarize the example of work in numbers:
1 losing trade purchase of 1 BTC ($ 6400)
Spent $ 6400
Work - MARTINGALE
2 purchase 2 BTC ($ 3900)
Spent $ 7800
3 purchase 3 BTC ($ 3,500)
Spent $ 10500
Total Average Position 6 BTC
No loss comes at a price of $ 4100 for 1 BTC
Spent $ 24,700
___________________________________________
Work - Position Trading.
We have 6 BTC with an average average purchase of $ 4100 for a total of $ 24,700
A long sideways movement begins.
We are waiting for its change to an uptrend.
We hold a position in an uptrend.
Stop Loss under the uptrend line if there is no way to control the position every day.
We exit the Stop Loss or market position when an uptrend line breaks through and the price fixes below it.
The important thing is not breaking through itself, as there may be a false breakthrough, namely, fixing the price below the trend line.
In this example, the position was exited when the uptrend line was broken and the price fixed below it at a price of $ 10,000 . Once again, I recall that the maximum price in this trend was $ 13888! The sale was very far from the highs, but for that with a confirmed trend change. And even with these values, the profit was:
6 BTC at a price of $ 10,000 = $ 60,000 - $ 24,700 = $ 35,300 net profit, with the initial loss-making transaction, it is almost 2 times more expensive from the lows of the trend!
And the most paradoxical, for all this time only 4 transactions were completed along with the first unprofitable !!!
________________________________________________________
I will describe in more detail these 2 methods of money management. Let's start with MARTINGALE.
Martingale - is a bet management system discovered by French mathematician Paul Pierre Levy in the 18th century.
According to the Martingale money management method, the new entry point should be exactly two times larger in volume than the previous losing trade. This is done so that the minimum price movement in your favor covers previously unprofitable transactions due to the accumulated large volume at lower prices. This is all achieved through math and volume increase when the price moves against you. But not everything is so smooth, we will consider all the shortcomings and dangers of this method in this article.
Not everything is so smooth, it is very important that there are a limited number of unprofitable transactions. After all, all losing trades in order to get profit must be covered with double volume or at least a large percentage of entry. It all depends on the consistent number of losing trades. The longer this sequence, the higher the likelihood that the deposit will not withstand the load and the remaining funds may not be enough to maintain another position in the market. The whole effectiveness of this method lies in the correct entry points and the right tool selection.
Using Martingale can increase your chances of making a profit. But if you do not own dimensionless capital, then you will certainly encounter a situation where a series of losing trades at an accelerated pace will take its lion's share. Therefore, in order to protect yourself, determine for yourself the share of your trading capital that you can use for each next series and the limit of losses that you may incur. If you reach this threshold, then trading should be stopped. In this case, you will have to admit defeat, but in the alternative you will only lose the previously set amount and protect the rest of the funds.
Initially, you need to choose the right tool, weak tools that forever in a downtrend without kickbacks are not suitable here. The tool chart can tell you whether this depot management method is suitable for this tool or not. The use of Martingale on trading instruments in an eternal downtrend is a direct way to zero the deposit. Coins are candidates for delisting, or abandoned without active developers in the social. networks and without the presence of a major player similarly - the way to drain the deposit. You can use this method to control an unmeasured amount of unnecessary program code. The delist of the coin is from the exchange, and you will have unnecessary program code for anyone that will always remind you of your stupidity.
It matters a lot where you enter the deal . Do not catch falling knives, do not try to buy at the lowest possible price, it is important to buy at those levels where the price stops, where there is a reversal potential. A doubled position or tripled when the price moves is much lower than the initial entry will make a big profit. At the same time, chaotic entrances to the transaction when the price goes against you, without understanding what is happening and why the bistro will empty your deposit.
It is also very important to have an initially large deposit that would withstand a drawdown and a double purchase volume.
_________________________________________________
Benefits of money management using the Martingale method.
1) It is possible with the right choice of instrument to significantly disperse the deposit.
2) Very often, you make a purchase at the lowest prices or close to the minimum values. This is achieved due to the fact that when the price goes against you, you should buy lower, and with a high degree of probability one of the purchases will be the minimum value of the trend. The main thing is that the deposit does not run dry until this moment.
3) With the help of Martingale, sometimes you can pull out at a loss, or even in a plus, it would seem a hopeless position with the help of an additional asset with an increased volume from the first entry. And when the price moves in our favor, we can exit with the entire volume of one transaction and thereby close the losing trade. By other methods, we had to wait a long time for a certain price, or to make a lot of positive transactions in order to cover losses.
____________________________________________________________
Disadvantages of money management using the Martingale method.
1) Martingale's capital management method, especially its classic version, assumes a sufficiently large deposit that will be able to withstand a large minus in open positions and will allow opening new positions with an increased volume.
2) The effectiveness of the Martingale method directly depends on your trading strategy in which it is applied. If the strategy has low efficiency or is completely unprofitable, then this method will only aggravate it.
3) A high proportion of the probability of a deposit being leaked if the trading instruments are chosen incorrectly. The Martingale method has an increased level of risk. If the classical rules of money management allow a risk of 3-5% of the deposit, then the riskiness of strategies with Martingale is about 60%.
___________________________________________________
I would like to add that martingale is often used (almost always) on viola when recruiting a large position, only in a modified form. This is still more of a “market maker” strategy, but one of the components of the work is martingale. With each new entrance, loading a glass with a dialed position.
____________________________________________________
Position trading.
Position Trading Rules:
1) A signal to enter a position is the beginning of a trend on a large timeframe (with a timeframe of 1 day or 1 week).
2) Exit from the transaction is carried out only if there are sufficient grounds for the end of the trend (trend change).
Positional trading is suitable for those who have already traded an impressive depot and are already tired of staring at the monitor and burning their time, spoiling their eyesight. For those who no longer get high from the excitement of management and so on. Because a large depot can in most cases be dispersed only by such methods. A person must have iron patience and an understanding of the market cycles. Because profits need to wait a long time. As you can see from the graph, for example, only one trend can last up to a year.
Positional trading is the work on the trend on a long-term basis, on charts covering a large time scale. For its implementation, fundamental and technical analysis is often used. Position trading is suitable for all types of markets: cryptocurrencies, stocks, goods, Forex.
In other words, position trading refers to a relatively long-term holding of a position in the direction of a global trend.
Thus, position trading is an independent style, significantly different from others. Market participants can use this approach to hold short-term and long-term positions.
Maintaining a position in the trend, and not work on small weekly fluctuations. This is the main difference from swing, which involves working on the basis of market cycles of several days. In positional trading, you can hold a trade for months or even a year or more (Dow Jones index), it all depends on the trend.
Coins for positional trading are selected very carefully, they must be reliable, be closer to TOP or be this top as an example of Litecoin. There should be a real development of the project in the long term, with a strong team that really does something, and not only has a promise legend. It is very important that the coin you choose for positional trading be highly liquid.
You can work (or rather need) as in long and short. In any direction the price you earn.
Only the large time frame is important, we do not pay attention to small price fluctuations.
The purchase / sale of an asset is made only upon confirmation of a change in trend.
No hai and loy! Minimum prices and maximums will be left for hamsters.
____________________________________
The advantages of positional trading.
1) Does not take into account small price changes, that is, does not require constant monitoring of the situation.
2) There is no need to be near the computer all the time. In positional strategy, the most important thing is a deep and thorough analysis, on the basis of which a further decision is made.
3) An open position simply needs to be monitored if there is a situation that can change the position or price.
Positional trading strategy is an analysis of daily, weekly and monthly timeframes; holding an open position for at least a few days to several months.
In simple terms, positional trading is a meaningful and balanced entry into a transaction based on holding a position in a trend.
____________________________________
The disadvantages of positional trading.
1) a long expectation of results that can actually be measured only after months or years;
2) high responsibility for each forecast and analysis, since it can take many days and weeks to hold the wrong position;
3) slow progress in trading (holding positions is good if the trader already has experience, but you won’t be able to gain it quickly by opening deals once a year);
4) the need for significant investment (you can get a tangible income from position trading only if you have a decent amount of money in the account).
As a result, holding a position in certain cases is a significant advantage for an experienced trader, but fatal for beginner speculators.
_____________________________________________________
Also in positional trading, I made a training idea on examples of the LTC / BTC pair. bidding and everything described there is relevant for working now on a coin.
EDUCATION LTC / BTC Positional trend trading in the channel with a step of 190%.
Also in the fixed ideas under the description of this, all my teaching ideas are published here on Tradingview.
REVENUE WA - bounce at old supportPrice dropped sharply for the 3rd day but with minimal volume. Let's see whether the selling is really over as the bears are rejected at EMA20.
This is probably due to profit taking based on good news this week. Plus, market will be closed next Monday. Reversal is possible next week. Monitor US DJI.
NZDCAD daily chart to understand the direction of the marketNZDCAD is on a very important support right now. Last action is extremely bearish and the price gives the impression that is able to break through this level and continue towards 0.80 area.
Although sellers are very strong right now, a reaction by buyers on such an important level, might be a sign that sellers are taking their profits and buyers are starting to enter their long positions.
Next week will be very important to see the price action on this level and understand the direction of the price for the last part of 2019.
GBP/USD HEADING TO ALL TIME LOWSPrice Action (Technical Analysis): Making sense of what we currently see in the market would be acknowledging monthly impulse retracing into the 38% & since then seller haven't been cutting the bulls much of a break. The ideal entrance into this pair would be to allow price to test our monthly support & receive various confirmations around our psychological level 1.20000 whether to expect flow to continue short or an entry of buyer waves rejecting price from pushing any further down.
Fundamental Analysis: The Pound needs a serious recovery after the Greenback has been highly appreciated lately, we have plenty of USD news upcoming this week, letting our analysis play out in one way or the other. GBP/USD is netted-long 79% by retail traders, a lot of times the majority gets dumped on so that's why we anticipate price moving to our desired area of entry & speculate price action at our rally point 1.20000
AUDJPY WEEKLY. APPROACHING 10-YEAR LOWS. AUDJPY approaching major area of value.
With the brief exception of the financial crisis price
hasn't breached these lows in over 15 years.
Will be favoring longs. Keep an eye on price action
at the level and be on the lookout for buy setups.
Tremendous upside potential comparative to the risk.
Good luck!
NZDJPY WEEKLY APPROACHING MAJOR SUPPORT. BIG OPPORTUNITY AWAITS.NZDJPY is approaching major historic support
offering some fantastic risk vs reward long-term trading opportunities.
I'll be favoring longs as price continues to head lower.
As I'm favoring longs at this level, I'll be keeping an eye at this
level to see how price action responds looking for buy setups.
CADJPY WEEKLY Rare Long-Term Buy Opportunity ApproachingCADJPY on a Weekly basis is approaching a very long term historical low.
This provides an excellent and rare position-trade opportunity that offers a lot of
potential upside relative to the risk.
Tremendous area of value for a long-term trading opportunity.
*NOTE* Although I'll be favoring longs as I'm suspecting big money to come
in building long positions at the upcoming discounted prices still be sure to keep an eye on the price action
at the significant area of support. Depending on global macro economic risk factors,
the price of oil, and the BOJ, we could see price head lower, which will offer
its own trading opportunities to the downside.
Possible GBP/CHF short position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-2 days
Actions on -
A – Activating Event
Market will meet resistance in zone @1.31 - .... and fall to the @1.286. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 1.286
FX:GBPCHF
Trade Management
Entered @ Sign up for mentoring
Stop Loss @ Sign up for mentoring
Target 1 @ 1.286
Target 2 @ ....
Risk/Reward @ 3.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
xau/usd bearish position trading!!!on the xau/usd I have seen price reach resistance zone. Previous drop in price from historical data + the resistance zone have been aligned so I believe that price will drop at that zone.
Remember guys that this is a position trade so this if you place a trade at this moment you will have to hold onto it for a couple months before it reaches take profit. This is require resilience and patience but if this works out than you'll be in roughly 20,000 pips.
AKAM: Dark Pools & Pro Traders Patterns Ahead of Earnings TodayAkamai Technologies Inc. reports earnings today with a solid start to a bottoming formation with Dark Pools' and then Pro traders’ footprints. The stock is currently at a completion level for the short term bottom. A Shift of Sentiment™ pattern formed between October and January. AKAM moved lower before finding the final low support from a previous Dark Pool Buy zone while Accumulation/Distribution indicators exposed the positive divergence. The pattern is a setup for a swing trade, not a position trade opportunity yet.