This weekly chart is actually USDJPY (inverted)... USDJPY pair could be very much headed/set for the lows... *The Disparity Index Indicator (is coded by an expert member in Tradingview). Best regards.
Turn on the flames... EURUSD broke weak resistances on the short plunges down... But it is going to face strong resistance soon...; high probability strong bounce-off the trend-line up to strong support... (Or, it will break & retest strong support at 1.11590; but bounce back-downwards & try to break the trend-line in a corrective-structure for even further...
I can remember back the time I was trading USDJPY pair at it's all-time highs...; but there were just so many in ways of subtle tell-tail-signs/hints that the pair was trading on a very thin sheet of ice... (Also little did net Long traders knew about that & fell down a very dangerous pit which, until today, they could never recover from; no matter how much...
Warren Buffet, George Soros & the big players will buy it low & sell it high (be it higher-lows or lower-highs)...; so as ordinary retails traders, we know how crucial it is to analyze & predict the markets in order to take-advantage of the movements in order to be profitable... The market psychology also comes into play as a highly important role; as we also need...
Crude oil could tank-down sharply anytime from now (just an expectation)... Buying with great conviction (but with a smaller lot size 1st)... (Trade will be closed manually at any profit; if things should be anticipated to go wrong...) Being able to catch the profit is the most important; (I typically prefer to set much tighter TP position for all of my trades...
Placing a small trade on this (& then just let it run)... Nevertheless, I'll be ready to close this trade "manually" anytime to secure profits (if I see fit)... I like to trade safe... Seems like the US Dollar is getting stronger & stronger... Regards.
Quite big in the money here as well (should have brought a bigger lot size)... High probability for more upside... (As I am expecting crude oil to tank/dip right down pretty soon...) Just look at it; crude oil was still up & this pair has already started to shoot-up quite fiercely...; just imagine what would happen if crude oil should decide to tank downwards...
Currently in a huge profit... Very keen to close it manually soon... (There is a risk of the US Dollar Index to take some downside soon; just a feeling creeping in...) ZAR pairs had strongly doubled my trading account in the past (& those were just short-term positions). These exotic currency pairs tend to move & behave differently (in a special way that I like)...
A nice slide down indeed...; I would expect further downside... (Only shorted a small lot size though...) I'm not sure if I dare to place another small 0.4 lot - Short position to this one right now... Will see how it goes (& I will end the trade if anything bad is suspected to happen; getting the profit is the most important)... All the best. Regards.
Shorted only a small lot size on this one (now I obviously wished I had committed more to this trade)... It really went down so nicely indeed... Looks like I would just leave it alone until TP (but I would still anticipate to close it manually if anything suspicious should happen; I would be quick to catch my profits)... Trade safe | Stay safe Regards.
Very strong bullish candles in the making; some powerful-upside could be expected... US Dollar can be getting even stronger... In addition, look at crude oil; it could be time for that to break-down sometime too... Definitely will grab many pips out of this trade; (I can close the trade manually anytime when I see fit; because I like to obtain/secure my profits...
Just added another Long position at the current level; (this is my usual procedure for my Gold trades whenever the price falls below my previous long position - kind of a stacking method)... For Gold trades, my focus is on buying whenever price has fallen (keep on repeating until profit, or worse comes to worse; until a break-even scenario)... *Modified my...
Took a small short at this & see how... All the best.
Took a short at this & see how... Regards.
Bullish Hammer-like candlestick formation in daily time-frame (also observe crude oil & US Dollar Index strength)... Regards.
Bearish looking candlestick making in daily time-frame... Regards.
Bulish Hammer-like candlestick making in daily time-frame... Regards.
This is my very first time I thought of posting my actual trade-plan in here... I am more of a scalper actually in real life, & my trade-plan is very simple & straightforward... I will most probably start showing my trade-plans in tradingview whenever I have decided to place a trade in real... Best regards.