Sometimes sitting for a minute and just looking at charts helps.. Think about what you can SEE and what it MEANS. Trade HVA's lightly.
It is always important to NOT Overtrade based on market sentiment. You will always land to early Long zones amidst mixed or poor sentiment providing exits INTRADAY. Trade LIGHT in times like this and look for faster exits. Remember to SCALE if we fall lower.
Eggs in one basket. Never good. Make sure you KNOW how to read indicators for times like this. PS.. Risk Management also helps too.
Do you know CORE principles of Trading? Without them you are just gonna be stabbing in the dark... Lets look at applying them here.
We previously looked short.. WHY? Because of Key Trading rules. We can now plan ahead for this week. Watch to learn more.
Which category do you fall into..? The Wise Trader who BUYS on falls. Or the not so wise trader who Sells AFTER falls.. Pick wisely!
We Looked previously at the question.. Where would YOU Re long.. The reason why is simple. We want good market value within the 'grand scheme' of things. This means if you are looking to trade an asset up you must get the right price in its journey on the way up. This means if you see an up move not buying AFTER it occurs. Watch to see more!
So why were we looking short..? When anything rallies for 2 months.. you have to ask WHEN are we sellers moving in? Watch to see more!
When trading the SPX you need to be IN TOUCH with market sentiment and judge market value accordingly.. Also, you need to be able to tell the difference between two candles! In this video we discuss assessing value at any time to make a profitable strategy. Watch on to see more!
As we saw, ETHUSD rose from 1000$ where we were looking long. Recently I did an analysis show you how to close out at the right time. This is because you must be AWARE of where to exit and light short.. on an 8% fall after 100% Rise it is reasonable to Assess where you should RE long (lower). Take profit at the right time and trade it lightly.
Within Rises and Falls of any Market you will hit Key areas of support and resistance. Often, the stronger the level the less likely you will crash through first time. After the positive market sentiment yesterday we saw a rise higher across the crypto and Equity Markets. This provides movement to KEY early MA's and a resistance level. This also gives you...
We previously looked long on the GBPUSD. After seeing the FIRST stage of a rise we can look for intraday longs. The key is Trading in STAGES. We do not have to sit for one trade. Trade lightly.
We can see BTC nestling under muted market sentiment. This morning the Fear/Greed index displayed a higher reading to the GREED side.. We can see MICRO PA levels and Key MA's collecting. you must know what to do NOW... Before price moves.. Trade HVA's LIGHT.
This video shows you the current situation we can see on EURUSD. USD Strength has driven this pair lower as it has for many others.. It's important to understand how Previous PA Repeats. Watch to learn more.
We spoke several times about the EURUSD calling the HUGE 300+ PIP move. If you saw it great, if you didn't make sure you do next time! We are now going to look ahead about how to manage the move from here.. Watch to see more.
Understanding Key trading Zones is essential to successful Trading. Navigating any market without such knowledge is risky business..! Watch on to see more!
If you saw my previous analysis on EURUSD you will have noticed we were looking to hit the target labelled at the current price level. IF you know how to scale in and out of any market then this area will significant to you. Look to take gains RE buy on falls where necessary.
Fibs are a great tool when used wisely. You can really judge Price points with accuracy coinciding with key PA areas. If you are NOT using them the right way.. it wont work too well. We are entering an EXIT zone early on ETHUSD. This means you are hitting resistance and it is not such a good time to FOMO in. We ONLY buy when we deem cheap..