AUDUSD Trading very near to 78.60% retracement zone Divergence is clearly seen on 4 Hour chart – Selling pressure is dying – We will wait for more buyer confirmation – Looking for long entry at shorter time frame chart Look at 15 min chart looks impressive , Risk to reward could be potentially higher in […]
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30 Min projection of EJ The pair has stopped me out couple of times in last two days , Hence keeping the SL tight and more profit margin
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Simple trading plan for CADJPY Key things 1. Price is respecting downtrend line and we see some rejection at 4 hr price chart 2. Price is trading just above the 38.2% retracement zone and just below 50% retracement Now look at the smaller time frame to enter the market, At smaller time frame if […]
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Uber Technologies, Inc provides a platform that allows users to access transportation and food ordering services. The Company operates through two segments: Core Platform and Other Bets. The Core Platform segment consists of Ridesharing and Uber Eats. The Other bets segment consists of Uber Freight and New Mobility platforms. Uber is about to break Downtrend […]
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Aussie after touching yearly lows have started moving up A possible consolidation phase is forming up Setting sell limits on the peaks of the channel Setting buy limits on the bottom of the channel Keep an eye on high value economic events
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25-Nov-2019 Carefully looking at the range and see if the limits will execute A probable consolidation phase Price action to decide the new direction Nothing major for kiwi economically
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Is that really possible to build your own trading system the answer is YES. And it is only way to make you a profitable trader, changing techniques and adopting different methods will always make u fail and feel miserable . Whatever system you are building you have to back test it 1000 times or more […]
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It has been 2 months now since i quit my job and started as a full time trader . Until now i am searching for the best way to analyse charts so that i can enter the market at the right time and exit with maximum profits , However after my continuous search and some […]
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Essential candlestick patterns Most of the time we try to find chart patterns like triangle formation for trend continuation, Head and shoulders for potential reversal and many others. However we should also concentrate on price movements and how buyers and sellers are reacting , Most of this information can be extracted by studying candlestick patterns […]
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Google says “the capacity to accept or tolerate delay, problems, or suffering without becoming annoyed or anxious.” , for me as a trader it is everything . Lot of times i try not to panic when my trades are not doing well . In a person’s life there are times where you have to […]
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