SOLANA SOLUSD is in short term pullback. Buy entry.
SOLUSD is currently in a FIB pullback on a short timeframe and is at the 50%fib level.
Look for a further pullback in price to just below the 38.2% which would be a price about 217.
Riskmanagementstrategy
Cardano is popping, up 10% again today, will take 0.50 soon
When I first bought this a couple of weeks ago, it was in a massive contraction & squeezing stage, despite recent buyer activity, there was even more selling prior to this demand for many months earlier this year.
So I waited for it to come into my area of confluence because I was desperate to turn some red on my screen into green. I knew there was fairly recent (month or 2) buying demand so I knew this would return once price became too good to not take action to buy.
I loaded up on it around 0.33 cents and I told readers of my initial post on ADAUSD to buy in at these low levels as it would move up fast and a break above 0.455 cents would be big as well.
This Cardana is my best performing Crypto and it is a more recent Buy compared to say DOGEUSD & TRON (that gives nothing aways at this stage.)
Given where things are at now and Bitcoins firm position, 0.50 for ADAUSD is good buying I think.
Just got alerted of a newswire on this theme.
www.tradingview.com
Learn How to Avoid Margin Call in Trading
Hey traders,
In this educational article, I will share with you 5 simple tips that will help you not to blow your trading and avoid margin call.
1️⃣ Always Use Stop Loss.
Let's start with the obvious - with the stop loss order.
Never ever trade without that. Before you open your trade, plan in advance its placement, stick to it once the position becomes active and never remove it.
2️⃣ Manage Your Position Sizes
I know that most of you are trading with a fixed lot. That is a bad habit. You should measure the lot size for each trading position you take. You should define in advance the risk percentage you are willing to lose per trade and calculate the lot sizes for your trades accordingly, then.
3️⃣ Avoid Taking Too Many Positions
Remember that in trading, quantity does not imply quality. The more trades you take, the harder it is to manage each position individually. I would suggest opening maximum 5 trades per day and holding no more than 8 trades simultaneously.
4️⃣ Avoid Trading Too Many Markets
The wider is your watch list, the harder it is to focus on each individual element inside. Do not try to control as many markets as possible, instead, narrow your watch list and concentrate your attention on your favorite trading instruments.
5️⃣ Remember About Volatility
The more volatile is the market that you trade, the harder it is to trade it and the bigger stop losses you need to keep your positions safe. Remember, that the volatility is the double-edged sword. It can bring substantial profits, but it can also blow your entire account in a blink of an eye.
Following these 5 simple rules, you will make your trading much safer. Study them and add them in your trading plan.
❤️Please, support my work with like, thank you!❤️
EUR GBP SETS UP FOR A BUY-LONG:The best trades are the ones that allow you to buy low in price, sometimes even at their last leg of a short. This is what sort of happened with EUR GBP earlier today when I saw its price get so low and tempting to buy an order, but there was also a reversal setup taking place which also had momentum in the price action, something you don't often see when bargain hunting on trading.
I knew that this trade would ascend and run nicely for EUR GBP because the currency combo had 2 macd's working its return to momentum, these would give an early indication of how long the currency pair might need macd to support its future growth, but it was also a chance to catch up with miserable clients and koolj.
So take profit for educational purposes ate 84.30
Stop Loss: 83.
Buy up until 83.50
I should go to target quickly with very little data economic today.
Thanks for taking the time to read.
15M Gold pullback & "Squeeze" and Buy Breakout RSI > 60-65For education purposes guys.
One way to trade Gold is on the 15M, 1HR or 4HR and await for a pullback and squeeze-consolidation.
But most of the magic is done with 1 indicator only, the RSI stock-standard with 14.
You want to see Gold breakout initially for longs past 70 and get really overbought. The reverse for shorts under 30 on the RSI.
So we have not bought anything yet. We set an alert or monitor for the RSI on gold to come back to the 50 level or a bit less is okay. But we basically want the RSI to return to about 50 because this is when the squeeze is happening as Gold has a break from momentum until it fires up again.
It will fire up again if you have the price action supporting another run and breakout of Gold.
Now, we watch as the RSI momentum starts to build up again and we can buy the Gold price once the RSI hits 70 which is very good breakout momentum. I like to buy at 60 on the RSI but either is okay.
You sell when the momentum begins to cool again at an RSI level that still exceeds the 70 level for longs. These are usually in and out trades but if the market really opens up for you then stay long gold and good enjoy watching the strategy.
Below is the less noisy chart and it's honestly all you need, 1 indicator RSI with setting 14.
Mastering the "IF-THEN" Mindset: The Key to Stress-Free TradingIn this video, I’ll share how using IF-THEN statements helps me stay balanced in my trading. It’s simple: IF the price does this, THEN I’ll do that. Having a plan like this keeps me from getting caught up in emotions and helps me react to what’s actually happening in the market – not what I wish would happen.
This mindset keeps things smooth, makes trade management easier, and keeps me consistent. It’s all about staying ready for whatever the market throws your way.
If this vibe clicks with you, drop a comment, like, or follow – I’ve got plenty more insights to share!
Mindbloome Trading
Trade What You See
AUDCHF finding direction recently Long
AUDCHF pulling back recently to a perfect 50% Fib replacement and with the Aussie still on the brakes with interest rate cuts, it makes sense to Long this as the chart is telling me everything I need to convince myself.
USD JPY: Buy 200EMA Price & Bullish USD going forwards
The USD JPY pair is sitting at the 200EMA, a reclaim of sorts and the DXY is looking very strong after being sub-$1 in recent months.
On the daily chart for USD JPY, the very low EMAs have crossed bullishly with higher EMA's for example 9EMA cross-up on 200EMA very recently.
This looks good to take off to higher prices.
Why Smart Traders Trust the Risk-to-Reward Ratio!Risk Reward Ratio
In the world of trading, profit potential alone doesn't define success. More important than chasing profits is understanding and managing risk. This is where the Risk-to-Reward Ratio becomes a vital component of every trading strategy. Traders who ignore this concept often find themselves on the losing end, even when they win more trades than they lose. On the other hand, those who master the art of managing their risk relative to their potential reward tend to find consistent success over the long run.
In this idea, we'll explore why the Risk-to-Reward Ratio is crucial, how to calculate it, and why traders should prioritize it for sustainable profitability.
What is the Risk-to-Reward Ratio?
The Risk-to-Reward Ratio compares the amount of risk a trader takes on in a trade (the potential loss) to the potential reward (the possible gain). Simply put, it tells you how much you're risking for every dollar you're aiming to make.
For example, if you're willing to risk $100 on a trade but expect a potential reward of $300, your R ratio is 1:3. This means for every $1 you're risking, you aim to make $3.
How to Calculate the Risk-to-Reward Ratio:
Determine the Risk: This is the distance between your entry price and your stop-loss level.
Determine the Reward: This is the distance between your entry price and your take-profit level.
The formula is:
Risk to Reward Ratio = Potential Profit/Potential Loss
Why is the Risk-to-Reward Ratio So Important?
Maintains Profitability Despite Losses: No trader can win 100% of the time. A favorable R
allows profitability even with a low win rate. For instance, with an R of 1:3, winning just 25% of your trades can break you even.
Limits Emotional Trading: Emotional decisions often lead to poor trading choices. A clear R helps enforce discipline, making it easier to adhere to your trading plan and reducing impulsive actions based on fear or market fluctuations.
Improves Trade Selection: Not every trading opportunity is worth taking. A favorable R
encourages selectivity, focusing on trades that offer high potential returns relative to risk. This helps eliminate low-quality trades, leading to a more profitable strategy.
Balances Risk and Reward: Finding the right balance between risk and reward. A favorable R ensures you’re not risking too much for too little gain, allowing winning trades to cover losses over time.
Improves Long-Term Consistency: A solid R creates a sustainable trading system. Maintaining discipline and risking only a small percentage of your capital helps protect your account during losing streaks. Combined with a strong strategy, this fosters a reliable edge in the market.
Risk-to-Reward Table and Breakeven Win Rates
To understand how different R ratios affect your breakeven point, let's look at the table below. It shows the win rate required to break even, based on different Risk-to-Reward ratios.
https://www.tradingview.com/x/5GZcSrlz/
-if your R ratio is 1:1, you need to win 50% of your trades just to break even.
-With a R ratio of 1:3, you only need to win 25% of your trades to break even.
-A higher risk-to-reward ratio reduces the pressure to win more trades because when you do win, your reward is significantly larger than the risk you took.
This table highlights the power of having a higher R ratio. Even if your win rate is low, you can still remain profitable as long as your winners significantly outweigh your losers.
Examples of Risk-to-Reward in Real Trading
Let’s say you're considering a long trade on Bitcoin. Your analysis shows the entry price should be $64,000, with a stop-loss at $62,500 (a $1,500 risk). Your target price is $68,000, giving you a potential profit of $4,000.
Risk: $1,500
Reward: $4,000
Risk Reward Ration = 1500/4000 = 2.67
In this case, your R ratio is 1:2.67, meaning that for every $1 you risk, you aim to make $2.67. If you only won 30% of your trades, you could still be profitable over the long term because of the higher reward relative to your risk.
Mastering the Risk-to-Reward Ratio is essential for traders seeking long-term success. By understanding and implementing this concept, traders can effectively manage risk, improve trade selection, and maintain profitability, ensuring a more sustainable approach to trading.
Regards
Hexa
The 1% Rule: A Key to Long-Term Trading SuccessUnderstanding the 1% Risk Management Strategy in Trading
Effective risk management is the backbone of successful trading, helping traders preserve capital and avoid emotional decision-making. The 1% risk management strategy is one of the most widely used approaches, aimed at limiting the potential loss on any single trade to 1% of your total trading capital. Let’s break down how this strategy works and why it’s essential for both novice and experienced traders.
What Is the 1% Risk Rule?
The 1% risk rule ensures that a trader never risks more than 1% of their account balance on a single trade. For example, if you have $20,000 in your account, you would limit your risk to $200 on any given trade. The idea behind this rule is to safeguard your account from catastrophic losses that could occur from consecutive losing trades .
How to Apply the 1% Risk Rule
To apply the 1% rule effectively, you need to combine position sizing with stop-loss orders. Here’s how you can implement this strategy:
1. Determine Your Account Risk: Calculate 1% of your trading capital. For example, with a $10,000 account, 1% equals $100. This is the maximum amount you’re willing to lose on a single trade.
2. Set a Stop-Loss: A stop-loss helps cap your losses at the 1% threshold. If you’re buying shares of a stock at $50 and decide on a stop-loss 1 point below, your “cents at risk” is $1 per share. If you’re willing to lose $100, you can buy 100 shares ($100 / $1 per share risk).
3. Position Sizing: The size of your trade depends on the risk per share. By determining your stop-loss level, you calculate how many shares you can buy to keep your total loss within the 1% limit. This process prevents you from taking excessively large positions that could lead to significant losses .
Why the 1% Rule Is Effective
The 1% rule is effective because it keeps your potential losses small relative to your total capital. Even during periods of losing streaks, this strategy prevents large drawdowns that could lead to emotional trading or complete account wipeout.
For instance, if you experience a string of ten losing trades in a row, you would only lose 10% of your capital, giving you plenty of opportunities to recover without significant emotional stress .
Advantages of the 1% Risk Rule
1. Protects Your Capital: By risking only a small portion of your account on each trade, you prevent significant losses that could deplete your account.
2. Encourages Discipline: Sticking to the 1% rule helps instill discipline, keeping traders from making impulsive trades that deviate from their trading plan.
3. Provides Flexibility: The rule works for all market conditions and strategies, whether you are trading stocks, forex, or other assets. As long as you adhere to the 1% threshold, you can trade confidently without fear of losing too much on any single trade .
The Risk-Reward Ratio
An essential component of the 1% rule is pairing it with a favorable risk-reward ratio. Traders typically aim for a minimum reward of 2 to 3 times the risk. For example, if you’re risking $100 on a trade, you should aim for at least a $200 to $300 profit. This ensures that even with a 50% win rate, your profitable trades will outweigh your losses .
Conclusion
The 1% risk management strategy is a powerful tool for minimizing risk and protecting your trading capital. By incorporating proper position sizing, stop-loss orders, and a disciplined approach, you can navigate the market confidently while safeguarding your account from large drawdowns. Whether you’re a day trader or a swing trader, applying this strategy will help you build consistent success over time.
By maintaining a focus on risk management, traders can shift their mindset from seeking high returns to preserving capital, which is the key to long-term success in the markets.
MHUA Chinese Med Tech Penny StockMHUA is shown here on the daily chart. It is currently trading at about 90% off its high of the
year. It is in the high volume area of the long term volume profile suggesting there is sufficent
liquidity to support active trading. Recent volume spikes suggest buying volume increases with
the spikes being about 10X relative volume. Price is over the POC line of the volume profile
demonstrating that buying pressure exceeds selling pressure. Price is at or near to one
standard deviation below the mean anchored VWAP and so in the undervalued area as
confirmed by the RSI Stochastic < 20 %. Chart patterns include an engulfing " big ass " candle
on 5/1 and a three-bar strike with another engulfing green candle on 5/12. Both of these
could be considered long entry signals especially when supported by the price above the POC
and the RSI. I will take a position risking 0.25% of the trading account to begin the trading
week. I am targeting a gain of $15.00 per share being a 50% retracement back to the high
YTD and a 300% return on investment. I will take a 100 share position and close 10 shares
each time the price rises by $2.00. This will adequately mitigate the risk of a volatile penny
stock while adequately rewarding the risk taken.
Trade Idea to Short Gold at current price. See below
Gold price looks to be at a topping area and will come down it's corridor to lower prices. I think much lower prices during NY today.
For now, I am Shorting XAUUSA at any price between 2566.50 to 2567.
STOP LOSS is quite tight giving good RR. 2574.10 SL
This is a Short Trade of Gold XAU USD.
* Trading is risky. This is an educational publication only.
Never Trade Without Stop Loss!
Hey traders,
Talking to many struggling traders from different parts of the world, I realized that the majority constantly makes the same mistake : they do not set a stop loss .
Asking for the reason why they do that, the common answer is that
these traders consider the manual position closing to be safer, implying that if the market goes in the opposite direction, they will be able to much better track the exact moment to cut loss.
In this article, we will discuss why it is crucially important to set a stop loss and why it is the number one element of your trading position.
What is Stop Loss?
Let's discuss what is a stop loss . By a stop loss , we mean a certain price level where we close our trading position in loss. In comparison to a manual closing, the stop loss (preferably) should be set at the exact moment when the order is executed.
On the chart above, I have an active selling position on Gold.
My entry level is 2372, my stop loss is 2381.
It means that if the price goes up and reaches 2381 level, the position will automatically close in a loss.
Why Do You Need a Stop Loss?
Stop loss allows us limiting the risks in case of unfavorable movements .
On the chart above, I have illustrated 2 similar negative scenarios : 1 with a stop loss being placed and one without on USDJPY.
In the example on the left, stop loss helped to prevent the excessive risk , cutting the loss at the beginning of a bearish wave.
With the manual closing, however, traders usually hold the negative positions much longer , praying for a reversal.
Holding a losing trade, emotions intervene. Greed and fear usually spoil the reasoning, causing irrational decisions .
Following such a strategy, the total loss of the second scenario is 6 times bigger than the total loss with a placed stop loss order.
Always Set Stop Loss!
Stop loss defines the point where you become wrong in your predictions. Planning your trade, you should know in advance such a point and cut your loss once it is reached.
Never trade without a stop loss.
Forex Trade Management Strategies. Techniques For Beginners
I am going to reveal 4 trade management strategies that will change the way you trade forex.
These simple techniques are aimed to minimize your losses and maximize your gains.
1. Trading Without Take Profit
Once you spotted the market that is trading in a strong bullish or bearish trend, there is one tip that will help you to benefit from the entire movement.
If the market is bullish, and you buy it expecting a bullish trend continuation, consider trading WITHOUT take profit.
Take a look at USDJPY on an hourly time frame.
The market is trading in the bullish trend, and we see a strong trend-following signal - a bullish breakout of a current resistance .
After the violation, the price went up by more than 1000 pips, and of course, trading with a fixed target, most likely you would close the trade too soon.
The same trade management strategy can be applied in a bearish trend.
Above is a price action on GBPUSD. The pair is very bearish, and we see a strong bearish signal on an hourly time frame.
The market dropped by more than 1000 pips then, and of course, trading with the fixed take profit, you would miss that bearish rally, closing the trade earlier.
Even though the trends do not last forever, the markets may easily fall or grow sharply for weeks or even months and this technique will help you to cash out from the entire movement.
2. Stop Loss to Breakeven
Once you open a trading position and the market starts going in the desired direction, there is a simple strategy that will help you to protect your position from a sudden reversal.
Above is the real trade that we took with my students in my trading academy. We spotted a very bearish pattern on USDCAD and opened short position.
Initially we were right, and the market was going to our target.
BUT because of the surprising release of negative Canadian fundamental news, the market reversed suddenly, not being able to reach the target.
And that could be a losing trade BUT we managed to save our money.
What we did: we moved our stop loss to entry level, or to breakeven, before the release of the fundamentals.
Trade was closed on entry level and we lost 0 dollars.
Moving stop loss to entry saved me tens of thousands of dollars.
It is one of the simplest trade management techniques that you must apply.
3. Trailing Stop Loss
Once you managed to catch a strong movement, do not keep your stop loss intact.
As we already discussed, your first step will be to protect your position and move your stop loss to entry.
But what you can do next, you can apply trailing stop loss.
Above is a trend-following trade that we took with my students on GBPCHF.
Once the market started moving in the desired direction, we moved stop loss to breakeven.
As the market kept setting new highs, we trailed the stop loss and set it below the supports based on new higher lows.
We kept trailing the stop loss till the market reached the target.
Application of a trailing stop will help you to protect your profits, in case of a sudden change in the market sentiment and reversal.
4. Partial Closing
The last tip can be applied for trading and investing.
Remember that once you correctly predicted a rally, you can book partial profits, once the price is approaching some important historical levels or ahead of important fundamental releases.
Imagine that you bought 1 Bitcoin for 17000$.
Once a bullish market started, you can sell the portion of your BTC, once the price reaches significant key levels.
For example, 0.2 BTC on each level.
With such trade management technique, you will book profits while remaining in your position.
Even though, these techniques are very simple, only the few apply them. Try these trade management strategies and increase your gains and avoid losses!
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What Lot Size to Use in Forex for $10, $100, $1000 Account
I will share with you a simple guide, that will help you to calculate a lot size for your forex trading account easily.
In brief, let me explain to you why you should calculate a lot size for your trades.
If you trade Forex with Fixed lot, you should be extremely careful. Too big lot size may lead too substantial losses or even blown trading account, while with a too small lot you may miss good profits.
To calculate the best lot size, follow these 5 simple steps.
1. Make a list of all Forex pairs that you trade
Let's say that you trade only major forex pairs:
EURUSD,
GBPUSD,
USDJPY,
USDCAD,
NZDUSD,
AUDUSD
2. Back test every pair and identify at least 5 past trading setups on each pair
Above, you can see 5 last trades on each 6 major forex pairs.
3. Measure stop losses of each trade
4. Find the trade with the biggest stop loss in pips
In our example, the biggest stop loss in on GBPUSD pair.
It is 34 pips.
Remember this number and the name of a currency pair.
Why we need to do that? Your lot size will primarily depend on your risk in pips. For example, scalpers may have 10/15 pips stop losses, while swing traders may have even 100 pips stop losses.
5. Open a Forex position size calculator
You can use any free calculator that is available.
They are all the same.
6. Input your account size, 2% as the risk ratio and a currency pair with the biggest stop loss (GBPUSD in our example)
In "stop loss in pips" field, write down the pip value of your biggest stop loss - 34 pips in our example.
For the account size of 1000$,
the best lot size to use 0.05 standard lot.
The idea is that your maximum loss should not exceed 2% of your account balance, while the average loss will be around 1%.
Remember to carefully back test your strategy and now exactly your maximum risks in pips, to make proper calculations!
❤️Please, support my work with like, thank you!❤️
How to Apply a Position Size Calculator in Forex Trading
In this educational article, I will teach you how to apply a position size calculator in Forex and calculate a lot size for your trades depending on a desired risk .
Why do you need a position size calculator?
Even though, most of the newbie traders trade with the fixed lot , the truth is that fixed lot trading is considered to be very risky .
Depending on the trading instrument, time frame and a desired stop loss, the risks from one trade to another are constantly floating .
With the constant fluctuations of losses per trade, it is very complicated to control your risks and drawdowns.
A lot size calculation , however, allows you to risk the desired percentage of your capital per trade , limiting the maximum you can potentially lose.
A lot size is calculated with a position size calculator .
How to Measure Lot Size for Trades?
Let's measure a lot size for the following trade on EURUSD.
Step 1:
Measure a pip value of your stop loss.
It is the distance from your entry level to your stop loss level.
In the example on the picture, the stop loss is 35 pips.
Step 2:
Open a position size calculator
Step 3:
Fill the form.
Inputs: Account currency, account balance, desired risk %, stop loss in pips, currency pair.
Let's say that we are trading with USD account.
Its balance is $10000.
The risk for this trade is 1%.
Step 4:
Calculate a lot size.
The system will calculate a lot size for your trade.
0.28 standard lot in our example.
Taking a trade on EURUSD with $10000 deposit and 35 pips stop loss , you will need 0.28 lot size to risk 1% of your trading account.
Learn to apply a position size calculator. That is the must-use tool for a proper risk management.
A note to Risk Management and Exit StrategyI had a message and was inspired to speak my mind about correct risk management.
What is it? How can I use it? How does it serve me?
First of all, positions with no SL are a really bad idea, I don't care what bankers do. It is not cool or useful at all.
Depending on how refined your strategy is, you will be struggling with higher Exits in your beginnings.
Risk Management for Beginners:
Start with an 1:1 Risk Reward. Which means, exit all positions at the same amount where your Stop Loss would have been. It is the safest and fastest option until you know enough about the markets to aim for more. If not, most of your trades will land in BE and your losses will hurt even more. Trust me, I've been there.
Risk Management for advanced traders:
When your general win quota has reached about 70-90%, your account will not necessarily will be growing. Because we are humans and always will do some stupid experiments in between, whether we feel too safe with a bad idea, or want to try something new.
Its time to set 2-3 Exits. Use multiple positions, so you can leave them running.
2 Exit Strategy (50% at Exit 1 and 50% at Exit 2)
3 Exit Strategy (25% at Exit 1, 50% at Exit 2, 25% at Exit 3) This way you secure 200% with every successful trade.
Risk Management for Pros:
You can aim for higher exits minimize your Stop Loss. When you know where to find an Exit5 or Exit 10. Never reenter the same trade, the first idea is always valid.
Have a 4 Exit strategy without variation on the amount of risk per trade, and take an extra open trade for higher positions. Always know what your target is. (25% at Exit 1, 25% at Exit 2, 25% at Exit 3, 25% on the open position).
Do never vary the amount of your risk. Be aware that emotions do not matter and there is no difference in between trades. All aim to be profitable, otherwise we would not be trading. If you decide for 0.5% or 1 or 5%, it doesn't matter, just do not vary ever. Down or upscale slow, very slow.
Risk Management Guide for Beginner TradersHello traders.
In this video, I delve into the fundamental principles of risk management tailored specifically for beginner traders entering the world of financial markets. I start by emphasizing the importance of understanding risk and its implications on trading outcomes. By setting clear goals and objectives, traders can align their risk management strategies with their investment aspirations.
We explore practical risk management tools such as stop loss orders, which act as a safety net to limit potential losses on trades. Calculating position sizes based on risk tolerance and stop loss levels ensures traders are not overexposed to any single trade. Continuous monitoring and review of trading performance enable adjustments to risk parameters in response to changing market conditions.
I also shared some tools that can be used to help make the process of calculating risk efficient and accurate. By mastering these risk management techniques, beginner traders can safeguard their capital and embark on their trading journey with confidence and resilience.
A Trading Plan MUST Include A Sound Risk Management StrategyOne of the biggest mistakes a trader can make is to neglect the aspect of risk management. In this video, I divulge the most pivotal lesson I’ve gleaned from my experience in trading. During the initial years of my trading journey, I disregarded the importance of risk management, which proved to be detrimental in a significant way. The watershed moment of my trading career came after incurring substantial financial losses. This experience was a stark revelation of the imperative nature of a robust risk management strategy for trading success. It was an excruciatingly costly lesson. Should you have bypassed dedicating time to understand risk management, you might be on the brink of a potential calamity. By watching this video, I hope you can sidestep the blunder I once made in the nascent stage of my trading endeavors.
Weakening Patterns: NVDANASDAQ:NVDA is over-speculated on the short-term and intermediate-term trends. It has minimal support nearby for holding for a position trade.
Without retail groups or smaller funds, the price action is weakening at this time. Nvidia doesn't report until May 22 which is very late in the season but for now, it has some minor rotation going on.
If it continues to hold above the black line, then it can pattern out the excessive price gains. This is not a strong sell short opportunity, but it is important to keep an eye on this stock for the next couple of weeks.
BAT Weekly Analysis: Seizing Entry Opportunities🔍In the weekly timeframe, BAT has broken its trend line, with the trigger at 0.3159 confirming the breakout convincingly. The notable volume surge since early February 2024 suggests increasing interest from market whales and participants, likely indicating significant buy-side activity.
✅Additionally, the presence of a curvature line suggests a diminishing bearish trend, ultimately breaking the upward support, further bolstering the bullish sentiment.
🛒However, it's essential to acknowledge that the primary trend trigger rests at 0.4522. Although entering trades with the current candle presents an enticing opportunity, it also carries elevated risk, potentially exceeding acceptable loss thresholds. Nevertheless, capitalizing on the strength of this candle for buying purposes is a viable strategy.
🛑Setting a maximum of 1% capital allocation for trades without stop-loss and considering a range of 0.2 for stop-loss trades is advisable to manage risk effectively.
💥RSI resistance at 61.24 has been breached, confirming overbought conditions and supporting the bullish bias.
📰Fundamentally, BAT is the token associated with the Brave browser. Considering the browser's potential for growth, investing in its token could be lucrative.
🧠💼Just remember, jumping into trades too quickly before the main trigger can be risky. Always manage your money wisely and be aware of the risks involved.
TLT Long Treasury ETF- an options straddle idea TLT is here on a 15-minute chart. Price action is orderly and somewhat related to treasury yield
fluctuations and the value of the existing securities adjusting from those fluctuations. There is
adequate volatility. A straddle options strategy can be employed. Positions can be taken
in both directions. Depending on price action, one leg will rise and the other will fall. Overall
the trades make profit so long as there is volatility in one direction or the other. Additionally,
if the instrument is oversold and upward price action is more likely, the proportions between
the two legs can be skewed toward calls and vice-versa in overbought /overvalued scenarios.
Here in TLT, price is near to support and so relatively oversold. The hypothetical setup
is tipped in favor of the probabilities and expectations for a rise in TLT. Options can be OTM
or ITM depending on trader preference. In this example the calls selected are OTM at the level
of a Fibonacci retracement of the prior trend down and the puts selected are slight OTM at
the horizontal support level and the trade is skewed 70/30 ( by AMEX:USD ) toward the calls.
For a more astute explanation see the webpage from the link
GBPUSD Post Trade Analysis 2024-01-29 : Valid LossGBPUSD Post Trade Analysis
2024-01-29
*Loss*
1. Valid risk entry loss for a valid loss
A. Entry Valid
B. Point of Interest Valid - 4H A.3
C. Valid Exit
2.What can I improve ?
A.
- I can input trade concept into Edgewonk Advance Journal Section.
- I can add all info, pre trade screenshots, fundamental news
- I can improved my fundamental analysis
- First Mitigation Failed - will track and possible add no first mitigation to trade plan
What would be my entry model Price Levels ?
1. Entry Price : 1.26750
2. Stop Loss : 1.26450
3. Take Profit : 1.27200
Could I take this Trade ?
- Would set alert and have 1 hour to place trade
- Valid Entry and Win
Lessons
- First mitigation is lower probability and Entry Model is a more valid Trade
