Which of these demand levels do you think we could see price get to and get a reversal from. The winner will get $3000 evaluation account.
https://www.instagram.com/p/C_Yv5NLIBem/?igsh=a2VvbmowMzg1MmY3
We shared EURUSD but prof saw GBPUSD instead 🔥🔥
https://www.instagram.com/p/C_WMclwISLR/?igsh=enoxa3kzZTM4MWlp
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Reckless Trading (Compounding Losses)
This usually happens after a trader(beginner trader) have winning streaks and feel inevitable in the market. He keeps adding to Lossing position believing that his analysis is right, until the margin call is approached with all positions Liquidated.
He keeps adjusting his SL because he isn’t willing to take the loss because he OverLeveraged, so he decided to add more positions with the hope that if the new position goes in his direction he will clear all the losses.
This is not a right mindset of profitable traders, you can do it some days and wins but it’s not sustainable guys.
I hope this portrays my point, might create a video explaining better.
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To see more of these markups and weekly zoom sessions with in-depth market
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To see more of these markups and weekly zoom sessions with in-depth market
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GOOD MORNING, TRADERS! 🌞 Hope you all had an amazing weekend! 🙌 Now, let's dive into the markets! 🎉
Take a look at the EURUSD chart and let us know if you're feeling the heat with our bearish and bullish bias towards the EU! 🔥👀 Drop a reaction if you're with us! 💬
Let's make this week a profitable one! 💸
I'm anticipating a buy opportunity on EURNZD, waiting for the price to reach my designated Point of Interest (POI). I'm monitoring confluences to confirm my entry. EURNZD is currently exhibiting strong bullish momentum, consistently breaking external structures. Notably, it hasn't yet retraced 50% into the premium price level, indicating potential for further upside, but still needs to complete its liquidity hunt. From the last bearish structure point, I've identified potential structural liquidity resting, which I anticipate will be absorbed into my POI before the trend resumes its continuation. Price may push slightly deeper below my POI before the major buy. I'll wait for candlestick confirmation before making my entry decision. Update will be dropping soon as price approach the POI…
Читать полностью…Took major Profit off on EJ...
Price get to the TP is addition 💸
Confluences on chart
Bullish Orderflow
Ext BOS
Trendline liqx
structural liqx
S1 weekly pivot Rejection.
USDCAD OUTLOOK- Last week USDCAD broke out of a consolidation and in the process gave us 2 big H4 aggresive candles that also broke structure. In the process it created H4 OB. Upon market opening we might see further sell but before then we should be anticipating a retracement into the H4 Zone.
If you agree with this idea, drop an emoji 😄
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Update on EN from the session, looking for a long entry from here guys. compare with your analysis. For conservative buyers, wait for H4 closure
Читать полностью…