FX:USDJPY Many traders of various experience often write to us that technical analysis of financial markets is like flipping a coin and that the chances are always 50% in which trades go in favor and therefore it is impossible to have the statistics in one's favor. For us it is only a reference model to know where to enter Long or Short. Our money management...
FX:GBPNZD The breakout of resistance or support could lead this cross to a new trend. What would be done in that case? We put the order to market after the confirmation of the weekly closing of the candle, we define the stop loss on the basis of the parameters of our strategy, we follow the trend in a systematic way without being taken by the fear of closing the...
FX:EURAUD Very interesting phase on one of the most important forex cross, in which for six years now we are in a range that has tested the resistance and support several times. If a breakout happens in the next few days we'll be ready to enter long otherwise we'll wait for new developments, and possibly a reversal pattern inside the big rectangle. Good Trading to All!
FX:NZDCAD Why are we using technical analysis? We take all the fundamental information directly on the chart, and we always take as reference the levels that the price action offers us. In Forex, the trends that develop are slower than those of equities or commodities. Most traders try to make a profit by hitting and run in this market thinking that they will...
BINANCE:EOSBTC On EOSBTC we notice a clear rectangle in which the price has been in this range for 5 months now. We think the EOS blockchain is interesting, thanks to its DPoS protocol, even if between the two considered cryptocurrencies we remain more and more Long on BTC, because it has a history, better fundamental criteria and a greater interest from the...
BITFINEX:LTCUSD Breakout on the falling wedge formed in the Litecoin - US Dollar cross. The simple breakout does not give us a high statistic on this pattern, and moreover we are not bullish on this cryptocurrency, since we consider it a copy of Bitcoin. However we analyze the movement of the asset, as we always do. Are you Bullish or Bearish on LTC?
FX:GBPCAD Currently a head and shoulders is being formed, which can be either in a continuation or inversion pattern to be considered valid. We always wait for the breakout as a reference to enter a trade. We believe that technical analysis on Forex is only effective with weekly charts. The stop loss is always given by our strategy, perfectly backtested and used...
FX_IDC:AUDMXN Inside the great Falling Wedge is forming an additional Falling Wedge. Should a breakout occur shortly, the conditions to follow a new trend could be verified.
FX:AUDJPY The upward breakout of the parallel channel could cause a reversal of the macro trend, while the downward breakout of the channel and subsequently the large support could form a movement in favor of the Japanese Yen on the Canadian Dollar. We wait and set alerts. Good Trading to All!
NYSE:BR A rare case that we like very much is when it forms a pattern within another pattern because it can optimize the risk reward while maintaining a very similar % profitability. In this case the breakout of the Falling Wedge into the larger pattern, such as Cup & Handle, allows us to enter the trade first on one of the assets on our watchlist, Broadridge...
OANDA:EURUSD Why are we using weekly charts? Because the % of trades at profit compared to those at loss increases significantly and obtaining returns on the allocated 4/5 times higher than the maximum loss transforms our annual performance into extraordinary results made continuously, managing to accumulate capital on our account exponentially, thanks to the...
BITFINEX:XRPUSD Ripple is a crypto currency that has a large community, in which despite the enormous devaluation in the last two years, from $3.80 to $0.20 or so, there is always a lot of confidence in its price increase over the years. The main reasons are the potential use of this technology by banks for cross-border transfers, in which we are still used to...
COINBASE:ETHUSD The bearish channel is a pattern that can often be found in the charts, but it does not give us a positive statistic on the % profitability level, so even if a breakout occurs we will not operate. However, it is always very important to monitor the trends of the various assets, operating only on those of own watchlist on the basis of own...
COINBASE:BTCUSD Despite the enormous speculations made on one of the most fashionable assets in recent years, we always behave only as the chart instructs us. As you can see, right now a falling wedge is forming that usually takes a bullish direction. It's useless to buy on the basis of news provided by the media, because they generate nothing more than creating...
TSE:4519 The upward trend of one of our trades in the Japanese market continues. We follow as always the not realized profit by ensuring more and more a Risk Reward as optimal as possible. Good trading at all!
LSE:EXPN What are the objections people usually make? We share some of them... A - The technical analysis doesn't provide any kind of reference. B - Patterns give us the reference at which moment to enter. A - When you enter the breakouts, you have the same odds as when you flip the coin with heads and tails. B - It's true, but when we lose we lose by -1, while...
KRX:005930 Technical analysis does not depend on the market, it does not depend on the historical era, it does not depend on any kind of factor other than human emotions that are always repeated on the basis of fear and greed. That's why we often find very similar patterns, that if exploited in a systematic way, you can accumulate wealth over time. Then we for an...
HKEX:1177 After our long entry on the head and shoulders of reversing, we are managing the position by gradually moving the stop profits below the last lows. Currently an upward triangle is forming within our trailing stop, which if it broke the resistance level would probably further give a bullish input and benefit the position value. Trading is an activity...