Modified Schiff pitchfork has been a good accompany of the uptrend in effect. In the latest leg down, as the price got closer to the .5 lower median parallel, there seemed to be a significant loss of strength in the selling power. Although this is the case, the next big move might be to the downside as well. Either side would provide a good opportunity if the...
As you may have been noticed, the "#" in the header is to denote a follow-up idea. In "1.3", it was anticipated that AUDUSD would have a correction near the turquoise line. Now the price has passed that line, and there is RSI divergence in play. What we now need is the break of a previous structure level and an upward retracement for us to be able to catch the...
The downward trendline has been broken by the first spikes of the market activity, and this pair is seemingly good to go with intraday objectives.
Novice traders are generally told not to risk more than 3% of their capital, and that might be a good advice for someone who cannot make themselves listened to by their greed and fear. However, risking 3% in general turns out to be a weak strategy for a professional trader. Then, how much should one risk in what kind of trades? Simple calculus tricks will tell...
I am still discovering the charting possibilities here. You will find numbers in brackets in the titles of my ideas. I enumerate the trades to better put which phase of the Skurl Project we are in. The first phase, denoted by "1", is where I learn TV and where there the Skurl Fund is not yet in effect. Now XAUUSD is about to finish drawing a perfect AB=CD before...
Hello Dear TV Community, As this is my first published idea, let me pardon a few seconds of yours to introduce myself. I'm Toerezxer Skurl, and I have been managing the funds of a small private community for years. My portfolio management style is eclectic yet simple. Quite profitable years have culminated into this very moment at which I would like to expand my...