Many of us are not willing to do what it takes.
Accepting losses is one of the hardest decisions a trader must make but it is necessary. Conquer this one trait and you'll do better than 90% of other traders.
The chart speaks for itself. USDCHF had made a nice strong move upwards starting on 11/18/2019. Since then it has held the move and is poised to go higher.
The pair has been chopping around in a channel for a few weeks. The current short opportunity is the best that we'll have for this pair - very high reward to risk ratio. We will not know for sure there it will go but having a high R/R will ensure profitability in the long run. ** Remember, we do not predict future price. We simply react to current price movements...
Winning and losing are two sides of the same coin. They must both be embraced.
Hi guys I'm torn between this trade and will let the market decide on the best course of action. ** Remember that we do not try to predict future price. We simply react to current price movement based on our interpretations of past data.
Please refer to text on chart. ** Remember, we do not try to predict future price. We simply react to current price movements based on our interpretations of past data.
Great coiling action here on EURCAD. Price has been coiling upwards for months. When it finally pops, there will be a massive train to the upside. If you ever wanted to go to the moon, now's your chance. ** Remember, we do not predict future price. We react to current price movements based on our interpretation of past data.
Nice short trade with a triple touch on the downward trend line. ** Remember, we do not predict future price. We simply react to current price movements based on our interpretations of past data.
Please refer to text on chart. I like this trade here as it is a low risk, high reward entry. Obviously the higher in the purple area you can enter, the greater your reward. You must take into account your position size, risk tolerance, and how patient you are. ** Remember, we do not predict future price. We simply react to current price movements based on our...
Please refer to text on chart. Tremendous risk/reward play here if the trade works out well. Price has been consolidating for about a month now, building up very strong momentum. There will be a strong, fast, and decisive move should price break above the resistance areas. ** Remember, we do not attempt to predict future price. We simply react to current price...
This pair has a nice bullish curve that has been building for many months. When the pair finally does break upwards, there will be very strong momentum.
Please refer to text on chart. Will be looking to ride the wave downwards when it happens. I also love the set up as it as great RR. ** Remember, we do not try to predict future price. We simply react to current price movements based on our interpretations of past data.
Many new traders are too focused on making money by picking the perfect entry that they forget all the other aspects of trading.
Please refer to text on chart. Price is forming a nice Elliot wave pattern here, I'll do an aggressive, low risk entry. However if the trade doesn't work and get in lower. The R/R for this trade is amazing so I don't mind having to take a few tries. ** Remember, we do not predict future price. We simply react to current price movements based on our...
Please refer to text on chart. Nice long entry with a defined risk point. Should price move in our favor then a 1:5 Risk:Reward ratio is possible. ** Remember, we do not attempt to predict future price movements. We react to current price based on our interpretations of past data.
Please refer to text on chart. ** Remember, we do not try to predict future price. We react to current price movements based on our interpretations of past data.
Please refer to text on chart. We tried to short once before but stopped out for a small loss. This is a 2nd short attempt with another nice R:R. ** Remember, we don't try to predict future price. We react to current market moves based on our interpretations of past data.