HIGH PROBABILITY TRADE ON AUD/CADClear formations of a continuation pattern on the 8H Chart, It's looking very bullish, waiting for confirmation before entering the trade.
Apply your own risk management and trade.
Trader
EUR/JPY Long• If price pushes down to and ideally just below our area of value, then I'll be looking to get short with a risk entry either after a phase line break on either the one hour or the fifteen minute chart, or after a one hour rejection from it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EUR/NZD Short• If price impulses down below our most recent two inflection points, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EUR/USD Short• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
USD/JPY Short• If price corrects and a tight flag forms, then I'll be looking to get short with a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
Full Time Trading VS Full Time Job | Everything You Need to Know
Hey traders,
In this educational article, we will compare full-time trading and full-time job.
And I guess, the essential thing to start with is the money aspect.
Full-time job guarantees you a stable month-to-month income with the pre-arranged bonuses.
In contrast, trading does not give any guarantees. You never know whether a current trading month will be profitable or not.
Of course, the average annual earnings of a full-time trader are substantially higher than of an employee. However, you should realize the fact that some trading periods will be negative, some will be around breakeven and only some will be highly profitable.
In addition to a stable salary, a full time job usually offers a paid sick-leave and vacation, while being a full-time trader, no one will compensate you your leaves making the position of an employee much more sustainable.
Being an employee, you usually work in an office with the fixed working hours. Taking into consideration that people often spend a quite substantial time to get to work and then to get home, a full-time job usually consumes at least 10 hours, not leaving a free-time.
In contrast, full-time traders are very flexible with their schedule.
Even though they usually stick to a fixed working plan, they spend around 3-4 hours a day on trading. All the rest is their free time, that they can spend on whatever they want.
Moreover, traders are not tied to their working place. They can work from everywhere, the only thing that they need is their computer and internet connection.
Traders normally work alone. The main advantage of that is the absence of a subordination. You are your own boss and you follow your own rules. However, such a high level of freedom breeds a high level of personal responsibility. We should admit the fact that not every person can organize himself.
In addition to that, working alone implies that you are not building social connections and you don't have colleagues.
Being an employee, you are the part of a hierarchy. You usually have some subordinates, but you have a supervisor as well.
You are constantly among people, you build relationships, and you are never alone.
There is a common bias among people, that full time trading beats full time job in all the aspects. In these article, I was trying to show you that it is not the fact. Both have important advantages and disadvantages. It is very important for you to completely realize them before you decide whether you want to trade full time or have a full time job.
❤️Please, support my work with like, thank you!❤️
HIGH PROBABILITY MOVE UP ON GBP/JPYClear formation of a clear continuation pattern on the 1H/4H charts. Apply your own risk management and trade.
SasanSeifi💁♂️ BTCUSDT / 6H update 🔥18% from $21600 rangeHI Everyone. As you can see, after a negative reaction from the $23,400 range,the price faced buying pressure from the $21,600/$21,400 range and was able to grow by about 18%.
❎ (DYOR)...⚠⚜
What Do you think about this analysis? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
HEAVY SHORT OPPORTUNITY ON NZD/USDOne of 2 ways we see that this NZD/USD trade can play out. High Risk Reward Ratio.
CHF/JPY Short• If price corrects and a tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EUR/USD Short• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EUR/NZD Short• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP/USD Short• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GOLD (XAUUSD): Your Detailed Trading Plan 🥇
Multiple time frame analysis on Gold.
Price action & key levels.
Trading plan explained.
Trading recommendations & scenarios.
❤️Please, support this video with like and comment!❤️
CHF/JPY Short• If price impulses down below our area of value, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EUR/AUD Short• If price corrects and a tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
