🔸Hello traders, today let's review 4hour price chart for AMD. Price structure is bullish inverted H*S setup with reload zone bulls near 150 usd, currently expecting rejection near overhead resistance. 🔸AMD is trailing behind NVDA so far this year, YTD gains of 17%, NVDA YTD gains at 167%. AMD is trailing behind NVDA massively and expecting mean reversion / catch...
🔸Hello traders, let's review the 2hour chart for USDCHF today. Previous trade hit TP +135 pips, congrats if you followed, feel free to recap via link below. 🔸Prior trading range is defined by range highs at 8520 and range lows at 8420, recently price broke to the upside, however I see limited upside beyond 8600/8620 this is key s/r zone and bears will defend this...
🔸Hello guys , today let's review 2hour price chart for gold. Today we got a breakdown of key s/r level at 2630 usd this in turn exposes further downside in GOLD market. 🔸DUMP fractal in progress, speculative 5 wave impulse sequence wave 1 completed at 2630 USD, wave 2 at 2665 usd currently wave 3 in progress target for wave 3 is 2580 USD. Wave 4 bounce completes...
🔸Hello traders, today let's review 8hour price chart for ETHUSD . strong gains recently off the range lows ,however currently price still stuck in the well-defined distribution range established in August 2024. 🔸We are stuck in mixed range / distribution, since previously price dumped in the summer time therefore expecting more losses in this market before an...
🔸Hello traders, today let's review 1hour price chart for gold. Speculative XABCD pattern structure in progress, valid setup for the bears. 🔸XABCD defined by point X at 2670 point A at 2645 point B at 2664 point C at 2639 and finally point D/PRZ at 2675 USD. 🔸Recommended strategy bears: short sell from overhead resistances near 2675 usd fixed stop loss for this...
🔸🔸What it takes to become TOP 1% Trader? Everybody wants to succeed in the trading game, but what's the actual formula? 🔸🔸What can we learn from the most successful global hedge fund Renaissance Technologies? How did the Japanese legendary trader Takashi Kotegawa become a TOP 1% Trader? Rules of life of undefeated savage Japanese samurai Miyamoto...
🔸Consistentcy is the key - top professional traders aim to generate 20-30% returns / per month, obviously depends on account size, risk tolerance, max DD, std lots exposure and multiple other factors. 🔸Depends on your trading style and risk profile, obviously. Currently algo traders / full-auto systems generate the best returns. 🔸Forex trading bots are automated...
🔸Hello traders, today let's review 12H price chart for AAPL/Apple. This is advanced technical trade setup based on historic price fractal. 🔸AAPL currently entering distribution at the top stage with distribution defined by the ABCD fractal. Same price fractal was observed in the market in Dec21/Jan22 before a subsequent 25% market correction in AAPL. 🔸ABCD...
🔸Hello traders, today let's review 4hour price chart for TSLA. Currently a mixed package overall with limited upside potential, I don't recommend entering any buys at current price. 🔸Ongoing accumulation since May 2023, significant lows printed in April 2023 / 2024, so I'm tagging April 2025 as a potential reversal for TSLA / bottom buying near range lows totally...
🔸Hello traders, let's review the 1hour chart for USDCHF today. We are locked inside trading range recently, currently trading near range lows, so risk/reward shifted in bulls favor, therefore recommend to focus on buying low . 🔸Trading range is defined by range highs at 8500 and range lows at 8420, premium prices overhead at 8520 and 8535 and below at 8400 and...
Overview of types of traders SCALPER 🔸Scalpers buy and sell securities quickly, usually within seconds, with the aim of achieving profits from minuscule price changes from large trade volumes. 🔸Scalper also refers to someone who buys up in-demand merchandise or event tickets to resell at a higher price. 🔸Scalpers buy and sell securities many times in a day...
🔸Hello guys, today let's review 4HOUR price chart for gold. Ongoing -RE-accumulation in progress, strong chart overall, BULLS maintaint control. Accumulation not complete yet, so we are not ready to hit 2750/3000 yet. 🔸Key s/r zones defined at 2250 usd / 2500 usd / 2750 usd / 3000 usd. So this a list of the key s/r zones in play right now, we are trading...
🔸Trading is a waiting game. Stop forcing trades. Learn waiting for your setups. A trader who can't wait is not a successful trader. 🔸Waiting is the hardest part of trading. And also the least talked about. If you can improve your waiting you will improve your trading. 🔸Trading is a waiting game. You sit, you wait, and you make a lot of money all at once. Profits...
What are psychological levels? 🔸Psychological levels are price points in financial markets that hold significant meaning for traders and investors, mainly due to their simplicity and ease. 🔸Typically, these levels are round numbers, ending in 00 or halfway points like 50. 🔸With currency pairs, the exchange rate of 1.0” or parity is also a major psychological...
🔸Hello traders, today let's review the H4/candle NVDA price chart. Recently solid gains after we filled a massive gap near 100 USD, so a normal liquidity fueled bounce currently in progress. Having said that, that's where the good news end. Massively overvalued company due to AI hype / euphoria, this bubble will deflate soon, very limited upside. 🔸Setup is based...
🔸Hello traders, today let's review 8hour price chart for BTCUSD and potential reversal zones. So far price remains locked in tight trading range since March 2024, range highs set at 68 000 USD and range lows at 57 000 USD. 🔸Premium prices overhead at 71 500 / 74 000 USD and below at 55 000 / 53 000. Currently trading mid-range so no trades recommended in this...
🔸Hello traders, let's review 2days/candle gold price chart today. Strong gains recently after breakout of the key S/R zone near 2 000 USD. Currently trading at 2617 above S/R at 2500 USD. strong uptrend in progress. 🔸Bulls making solid gains entire year so far in 2024, expecting a new ATH to be set at 3 000 over the coming weeks. Tensions are rising in the middle...
🔸Hello traders, let's review the 4hour chart for GBPAUD today. Strong V-shape recovery in progress, however also expecting a decent/normal pullback once we hit the strong overhead resistances. 🔸Heavy overhead resistances will trigger a pullback. Resistances set at 9490 and 9550, risk/reward will be in bears favor. Mirror s/r level below at 9265 will be likely...