AUDUSD: intraday longHi Traders,
This is my view on this pair for the next few days
#AUDUSD
BUY 0.776
SL 0.774
TP 0.78
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
Signalservices
EURUSD Key LevelsEURUSD currently on a strong uptrend across the 1HR,4HR and Daily Timeframes. Price currently @1.20968 which is between the 4HR Resistance Zone . Potential counter-trend opportunity on lower timeframes.
If price breaks the 4HR Resistance Zone (1.20923-1.21150), strong indication on trend continuation and I'll be looking for entries on the H1 Timeframe and ride the trend towards the Daily Resistance Zone (1.21768-1.22423).
$BLFDF Blockchain Fdry Target PTs .68-.80Blockchain Foundry Inc. develops and commercializes blockchain-based business solutions in the Americas, the Caribbean, and Europe. Its solutions include Syscoin Spark Wallet that allows clients to have their custom wallet based on their syscoin platform token; Syscoin Price Peg Server, which allow non-coders to create and configure its own price peg server; and Blockmarket suite, a marketplace platform. The company also provides consulting services to corporate clients seeking to incorporate blockchain technology into their business. Blockchain Foundry Inc. was founded in 2016 and is headquartered in Toronto, Canada.
Education: Why you should NOT buy or trade signals!" Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime " - unknown origin *
🔴 What does this quote mean, and how does it related to trading (signals)?
The quote means that you can indeed resolve an issue by providing a hungry man a fish, serving his immediate need, but if you really want to help him you should teach him to become self-sufficient.
Similarly, while providing a signal, you can provide the signal to a winning trade to someone, but if you really want to help him, you teach him how to analyze the market and become self-sufficient in trading.
🔴 DISCLAIMER
This post will probably get some backlash from users who provide signals, be it paid or not, because it goes against their "business model" and might reduce their revenues in one way or the other. But that is fine by me, this is my personal opinion, and I advise every single reader of this publication to draw his own conclusions.
🔴 What are trading signals?
Trading signals at a minimum constitute of an entry price and a direction. Example : buy $Gold at 1825 USD.
Some (but not all) signal providers also give you a Profit Target and/or a Stop Loss . They give you actionable information on where to open a trade, which direction you should trade and sometimes when you should close the trade.
🔴 That's easy! Nothing wrong with that, it can make me money, right! Right???
Yes, it can, you are absolutely right that you can make money off a trading signal.
However, there are a couple of questions that you need to ask yourself :
How many trades, what percentage, can you expect to win?
If not provided, where should you take profit or cut your losses?
What is the reason for entering the trade?
What confidence do you have in the trade if you're just following someone elses instructions?
What if you lose 10 trades in a row, was this expected?
Who is responsible for your losses? You, or the signal provider?
What do you learn from trading signals?
What are the emotions you have to go through during the trade?
What if your signal provider stops?
🤔 Additionally the question arises why the signals are provided.
Is it altruism? Or is it conceivable that the provider does not make enough by trading and wants to top-up his gains(?) by selling signals. Income from trading is not guaranteed, when you sell signal you make your profit the moment the transaction takes place, independent of the outcome of the trade. That's guaranteed 💰.
And yes, people will be unhappy and no longer order the providers' services, but there are always new "potential buyers" coming to the financial markets.
💡 " Trading signals does not guarantee your income, it guarantees the signal providers' income. "
🔴 OK, fair enough, but what should I do if I don't know how to trade?
Allow me to be blunt here, if you don't know how to trade, you should either learn how to trade, either keep your money in your pockets.
Ask yourself why you want to trade? What is the end goal?
► If you say that you just want to make some extra money, then taking up a 2nd job is a much more reliable source of income than throwing your money at the markets based on something someone else said, don't you agree?
Other than that, as said earlier, if you depend on a signal provider, that income (if any) will disappear the moment the signals do.
► If you want to become a trader, become financially independent, get rid of your daytime job, get out of that hamster wheel, I strongly suggest you invest the time and effort to learn how to trade for yourself.
🔴 MY ADVICE
Don't be lazy
Don't trade signals and
Learn how to trade
Hustle
Grind
Fail
Learn from your mistakes
Fail again
Don't give up
Don't expect to become rich overnight
Keep learning
Do your own research and analysis
Rinse and repeat until you succeed ....
That, imho is the only way you will achieve the financial goals you have set for yourself and feel good about it...
So, let's take our initial proverb and give it a trader twist:
👉🏻👉🏻👉🏻 " Give a Man a Signal, and You Could Feed Him for a Day. Teach a Man To Trade, and You Feed Him for a Lifetime " - Nico Muselle
💥The decision is all yours, if you want it bad enough, you can do it!💥
🔴 Useful information
This TradingView article gives you some additional information on the things you shouldn't do ... Give it a read before you hand out your hard earned money.
www.tradingview.com
Do you agree? What is your view on signals?
Let's open the discussion in the comments below ...
✌🏻 PEACE OUT
Liked this post ? "Smash that like button!" 👍 - follow for more educational posts and alerts 🔔 when a new one is published.
Oh, and maybe you'll like the related ideas linked below as well?
Thank you for your visit! 🙏
GBPCAD- SHORTAnother SHORT on the GBP I have. Looking to enter tomorrow with the right confluences to make the trade more in my favour. I am looking retrace up to the pevious level of support and a touch on the descending trendline. I want to see a bearish candle close when touching these levels otherwise I wont be entering. With the reaction off of the previous support and trendline, it will have the fibonacci levels of 50.0 and 61.8 as more of a confirmation that there is more downside for this pair.
Any questions feel free to message me and FOLLOW ME for MORE set ups.
AUDUSD > Potential Head and Shoulder!Hey friends👋 Support this idea with like if it's helpful to you, leave me a comment below that will help me a lot 🙏.
Analysis of #AUDUSD
Similar to my analysis on USDCAD, prices reached a major structure level been tested two times before and potentially forming head and shoulders, with huge RSI divergence, I will wait with members to get involved in short position if provided us a reason to.
Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌
Check today analysis below
Stay safe everyone
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Before trading our ideas make your own analysis.
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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
GBP/CHF SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Type: Daytrade
Sell-Limit: 1,20810
Stop-Loss: 1,21300
Target 1: 1,20250
Target 2: 1,20000
Target 3: 1,19520
Stop-Loss: 49 pips
Risk: 1-2%
Risk-Reward: 2,7
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
GBP/JPY SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Type: Daytrade
Market-Sell: 113,350
Stop-Loss: 134,540
Target 1: 132,530
Target 2: 131,530
Target 3: 130,670
Stop-Loss: 120 pips
Risk: 1-2%
Risk-Reward: 2,3
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
NAS100 Shorts for upcoming weekWe are seeing a good downtrend, we are finding good resistance at the 8100 level . This is where we are expecting the reversal to carry on selling. We will follow along the 15 minute time frame for a trendline break and retest for a confirmation to short.
Expecting a move to 6550.
If we break above the 8100 level we will be looking for a long oppurtunity.
CADJPY SELL SETUPcadjpy rejected by supply zone around 84.500
MACD shows negative divergence
RSI shows negative divergence
price formed leading diagonal bearish waves pattern
price at the last wave from elliot bullish impulse waves , ready to forming bearish correction waves
so its expect bearish movement to support area around 82.460