EURAUD - IMPORTANT AREA Hello traders,
Here i am breaking down a potential buy situation for the EURAUD. You have pretty much my full strategy within this video, i hope you enjoy.
Comment below if you would like me to run down any education or any asset within the market.
Please like and follow my content
Safe trading.
Strategy!
AUDJPY - POTENTIAL TRADE Hello traders,
Today i am highlighting important areas and a possible trade decision on the AUDJPY. I speak about using the JPYBASKET and how we can use it to confirm out analysis.
If you guys have any requests then comment below, if you enjoy my content please like and follow my channel.
Safe trading.
CADJPY - FREE BREAKDOWN Hello traders and welcome to this free analysis breakdown.
In this video you will see me map the market and show possible trade areas on the CADJPY .
Once this pair gives me a valid signal i will place the trade idea in to the Honest Financial Community. I hope you have found this video educational, if you like our content then please like and follow the channel.
Please comment below for feedback and what you would like to see regarding education or an asset analysis breakdown.
Trade Safe.
SUNDAY MARKET BREAKDOWN - MY WATCH LIST FOR THE WEEKHello traders and welcome to my weekly market breakdown
In this video i will briefly run through my watch-list using technical analysis.
Once these pairs give me a signal to trade i will place it into my community here at Honest Financial. I hope you have found this educational? If you like our content please like and follow the channel.
Please comment below for feedback and what you would like to see regarding education or an asset analysis breakdown.
A quick follow on to yesterdays trades - GBPJPY update. 🙌A quick video recap of yesterday's trades.
Yes the GBPJPY sell hit a stop loss. Shock horror - lol, it happens.
You can't go swimming and not get wet! As Tyson Fury so brilliantly said.
Anyway, yes we hit SL - but then we followed it up with a trade at 1am (that was automated on my account whilst I slept like a baby) that actually hit TP.
I show you in this video.
Have a great day all.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
The stats for this pair are shown below too.
Thank you.
Darren
Why trading with Pine script can give you an extra month a year!I've spent around 9/10 years trading with technical analysis.
I used to spend 2/3 hours on a weekend and easily 1/2 hours each day on the screen - that doesn't include the amount of times I'd be checking from my phones on and off throughout the day too!
So add that all up - its 620-700 hours per year.
Frightening.
We trade for freedom and time - not to spend that time looking at a chart.
Well, in my opinion anyway.
A month is 720 hours - so pretty much an extra month a year.
Crazy right?
Fed up, I created a systematic approach.
This video highlights how my systematic strategy works vs. how you would see the markets technically on the last GJ sell.
Pinescript makes all this easier too, I have data at the click of a button!
Any questions feel free to drop me a DM.
Thank you,
Darren.
❗ What to look for when I post an idea - Check the Trade Log! ❗A quick video running through how my ideas work and why they're different!
Trading for me is all in the detail and the planning now.
Know your numbers and your data and you can plan properly.
You know if your strategy or system works or not and you can ensure your risk management is in line with probability.
Rule number one is...
You cant run out of money, else you're out of business, right?
You can even run out of money with a profitable strategy, if you risk to much and hit a losing streak - even if the strategy is profitable!
Trading is a long game, not about retiring off that one lucky trade you might hit over the course of a week.
You'll also give the profits back with interest anyway.
Talking from experience!
Have a great weekend, any questions - feel free to reach out vis the DM.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
The stats for this pair are shown below too.
Thank you.
Darren
Weekly Review - 3/12/20 Dollar is King and Bitcoin is GoldA very interesting week and a very important day ahead.
Markets have been rising on sentiment (vaccine, Biden, we didn't die from Covid, Elon Musk is taking us to the moon) but dollar has been dropping.
Now it's time to let the real data take over the pace and our attention is to what will happen to the USD; which is right on a massive/critical support level.
Almost all your trades will depend on this.
1. Dollar is looking for direction (will it bounce off this level or will it drop/ and how much?)
2. NFP tomorrow is HUGE data coming out and will push Dollar over or off the current level (price is now on a crucial support level )
3. Next inflation data (Dec 10) and trade balances will be crucial data
4. Dollar price will affect most of your trades:
- metals (negative correlation- especially Gold , Silver , Copper )
- indices (positive coefficients, which means that as the value of the U.S. dollar increases, so do the stock indexes )
- stocks (which shares to choose / which to sell / how to diversify and hedge - 40% of shares follow the dollar)
- Bitcoin (the new safe haven to many may increase dramatically if the dollar crashes)
Blown your account deep in Gold shorts this week? I betcha.... Its easily done.
You see someone selling gold with some half decent analysis and jump right in too.
You see others writing about it - it makes you feel like this is going to be the one.
The one that makes you big money before Christmas.
Truth is, the money you make is never enough anyway.
Even if it was you would keep going, trade after trade. Until this method of trading aka guessing, results in account popping like all the champagne bottles on New Years Eve, except without the cheers.
This is no joke.
You need a plan. A strategy that takes the guesswork out of your trading.
One that can back it up.
In this video I show you how easy trading can be.
Life is different when you aren't sat analysing charts, seeing trend lines in your sleep - watching that red drawdown increasing and increasing.
If you are serious about trading - get yourself the right tools and put yourself around the people.
Chaou for now.
Darren
P.S. We have re branded. Why?
Bored of being like everyone else, we are now POW - it stands for Progress, Overcome, Win - these words some up what we are about.
Anyway, we have some giveaways on my social media this week - drop me a DM for my new IG profile to get involved.
BTC (& XRP)- How we trade Market Traps (Part1)Just a glimpse of how we trade.
Apart from technical analysis the market does play 'games' with us.
So, how do we play back and having chances of being a winner?
How do we deal with the beast that wants our money?
How do we keep our trading account alive until it can thrive?
Well, get an idea of a texhnique on this video and I hope it helps, or at least I hope that you like it.
Remember: Technical and fundamental analysis is a must but in many cases it won't be enough.. Trading is 80% a mental game (Trading psychology starts with risk management and ends with a strategy).
www.fxprofessor.com
(SIMILAR SITUATION WAS A FEW WEEKS AGO WITH GOLD- LOOK AT MY PREVIOUS GOLD IDEAS)