Here is a great trading opportunity on the NZDUSD Pair. I believe from current levels, or not too much below, prices will start to move up towards 0.6500. A break of the downtrend line will confirm the low of c …
ES August 29th From my perspective, the ES has attempted to rally for the entire month of August, but every time the rally is weaker than the previous one. That has resulted in a triangle formation that should be resolving …
EURUSD Aug 14th I believe Euro is offering a good opportunity to go long. So I bought at 1.1150 with atop at 1.1025 Long term this trade ay have great potential.
I have to admit I made an error today in the EURNZD. Not in the count! The count seems to be correct, but on the stop. Unfortunately, the correct stop is much higher – which makes the Risk/Reward not a …
August 5th – Trade Opportunity EURNZD Just to call your attention to one pair that is giving a sell opportunity. I sold EURNZD at 1.7065 with stop at 1.7155 If prices move as expected, we will be able to move …
Good Morning Traders! The NQ set up that we discussed last week was invalidated once that price broke the high of the Reversal Bar. So if you had a sell stop under the reversal bar, cancel it. Often the best buy …
July 23rd – EURGBP Update Good Morning Traders! Just a quick update to our EURGBP position. Our order in EURGBP was filled at 0.9004 Prices went to our resistance area and turned back down exactly at 0.9005 – One pip …
I’m sure you have noticed that whenever you’re under stress you tend to do and say things that you typically regret later. And if you are a trader, most likely you have experienced that negative emotion of regret… perhaps even …
That’s the goal that many traders make and never achieve… Let’s look at it in more depth… In my last post I mentioned that it was best to write goals in three levels to guarantee success. But trading goals have …
As a mentor I have many traders asking me that very question, but referring to themselves, not to me 🙂 I usually try to teach them how important it is to change the “internal dialogue” and start seeing things from …