Profits
GREAT RISK REWARD LONG USDCADHey traders, so I see a huge rejection off the daily trendline after fridays big selloff with the CAD numbers and news .. I now see it possibly reaching towards 1.34 resistance .. This chart displayed is the hourly timeframe and as you can see the candle closed bullish with barely any wick above a support zone .. Great risk to reward setup.. Enjoy and take at own risk!!
Regardless of the current bitcoin condition, this coin is in gooHi Dears,
The condition of this coin is good
At the bottom of the price and somehow it's time to buy
But there are two negative things
Bitcoin conditions are not good
In the event of a rise in price, the coin would not be profitable in the short term
The decision is with you, but be careful if you buy this coin
But remember that nothing in this world is 100%
Good Luck
The condition of this coin is good, BUT...Hi Dears,
The condition of this coin is good
At the bottom of the price and somehow it's time to buy
But there are two negative things
Bitcoin conditions are not good
In the event of a rise in price, the coin would not be profitable in the short term
The decision is with you, but be careful if you buy this coin
But remember that nothing in this world is 100%
Good Luck
Synx BTC - Great potential for profits here. target 1 1880This coin is finally showing some strength after losing almost all of its gains over the last months,
Yesterday we had a big upward movement, The value has dropped down as expected and finding support at fib retracement.
RSI is turning up, TD sequential is starting to show upward momentum coming.
Measuring off of the last upward move and the retracement - 1st target is near 1880 + minimum movement,
Although this Idea is on the 1 hour chart, Positive signals are showing up on all time frames.
This coin swings fast and the potential gains are huge.
These gains do not come without risk.
Only trade what you can afford to lose
I am hoping to see this northern momentum continue
Mac D is looking positive as well.
Buy-in range above fib retracement - 1000
This is not financial advice but instead a trading opinion
All trades are done at your own will.
Enjoy the profits!
Happy Holiday season
Gold long idea (short term & risky)Simple PA Analasis.
The trade is risky because we still need a correction to the last upmove.
TP is not too far away as I Always want to secure the Profit as soon as possible.
Goal is to get the sl Pretty fast to BE or close part of the Position in good Profit.
Lets see what the market brings ;)
Another push up on NZDUSD awaits...This mark up is a follow up of my previous analysis on NZDUSD where price achieved our TP level. I am expecting some temporary bearish pullback momentum to retest that area of support that price broke through before we go long again to meet another significant zone of resistance.
Great Risk to Reward ratio,
SL at the red line and risk no more than 1%, do not be greedy! Always think about your risk exposure whenever you enter trade!
HAPPY TRADING :)
Journey of 1000 psychological trading hacks.Join me - to boldly go where 'no man' has gone before. This is the Final Frontier.
I take on the big issue - head on.
This is the one that is more likely to make the biggest difference to achieving consistent profitability.
I assert that it technical and fundamental analysis are not most important issues in trading - at all! If 'everybody' could simply do proper technical and fundamental analysis and make load of money, then everybody would be rich. It's never happened. It ain't gonna happen!
I say that our enemies lie within. I say that dealing with the enemies within - by self-analysis, is the path to unlimited gains.
AND - it's not just me saying so.
Could this be your 'Mission Improbable' or your 'Mission Possible'? The choice is yours.
This post is in keeping with Tradingview's text-based analysis guidance
Creating your own Trading StrategySELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Creating your own Trading Strategy
"In finance, a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets".Whats your Trading Plan/Strategy?
Some of the questions you need to ask yourself when creating your own strategy are as follows;
How much time during the day/night do you have to devote to trading?
How much money do you need to live on each year and how much of that must come out of trading profits?
How many distractions can you expect during the day/night?
Specify the markets and times of the day you will trade
Do i want to trade multiple systems?
Will you short sell? or go long?
Where will you place your entry/stop loss and target line?
How will i monitor my trading results/outcomes? Will i use software or just a simple excel document?
Will i need a mentor or will I be self taught?
How do I handle losing money?
Can i handle being in a trade for more then an Minute/Hour, Day, Week etc?
Will i use a phone, tablet or desktop computer to place, check or cancel my trade?
How will i improve my trading performance?
How did you go about creating your strategy? What steps did you take or follow?