Así es, y como tantas veces dije y seguiré diciendo, si no le dedicas horas estas fuera del juego. Tienes que tener una total confianza de lo que haces, no dudar, creer en ti y en tu sistemas, y todo eso te lo da estar horas y horas practicando, viendo trades, leyendo, etc., Así que empieza, dedícales 2-3 horas por día, sábado y domingo dedícales 8-9 hrs por día. A fin de año ya tendrás mucha mas ventaja de los que apenas están unas pocas horas por semana practicando. Y porque es mejor tener ventaja? Porque tu seras el que recoja el dinero que ellos dejan en el mercado. •
#fx#forex#forextrader#forexsignals#forextrading#forexsignal#trading#trader#trade#frases#frase#cryptocurrency#bitcoin #🔥 #😂 #💪🏻 #❤️ #😍
DXY Weekly.. we are bang in supply & really really need to see a move lower in the final weeks of 2018 for the zone to remain valid. Also there is a weekly double bottom slightly lower (forgot to mark on chart) which could come under 🎯. If not upside does immediately extend up 98.50 the top of the breaker & then the untested weekly supply. Don't be suprised if Dollar rips early next year considering all the calls for a top... I keep the overall context in mind and take both sides of the market if the ZONE is valid. The only difference is I hold some trades and exit others depending on the higher timeframe
Pain. Expect pain always and the uncertainty of trading isn’t that significant anymore. Or the easiest way is to understand every penny you make is destined and ever penny you lose was never meant to be.. 🤷🏽♂️🤷🏽♂️
Bouncing of the 52.20 support multiple times today while heading back up to the previous days area of significance. Once price fell through 52.20 and retested it on the 5 minute timeframe (I use for timing my entry) it was then a clear down slide to our next level of support which is a trend line between 50.90-50.80. As you can see there was a wick test of the support. See you all Monday morning! 🔱
As you can see from our morning analyses of the important levels to watch out for during the day that if you traded around those levels using your own personal set of entry and exit rules you could’ve seen a nice profitable Thursday. All the levels we called out in the morning played out as important pivot levels during the day. Same thing tomorrow. Join us right now on the telegram channel 🔱. Link in bio 🔱
When looking for bearish reversal patterns are you able to identify bearish candlesticks?📈 make sure you understand the importance of each bearish candle since some are more important than others✅ remember to always look for confirmation of trend reversal🌐
If you can find a woman like this, you have pulled off the greatest achievement. They are rare in the modern world..
The head and shoulders pattern has one of the highest success rates in forex. Working out to be as follows:
Bearish HnS: 83.04% win rate
Bullish HnS: 83.44% win rate
Now of course this is dependent on your ability to trade it correctly.
Bearish pattern: We define this pattern in forex as two swing highs with a higher high in between.
Bullish pattern: We define this pattern in forex as two swing lows with a lower low in between.
Now , I always teach that what you read in books or watch on YouTube is never the same in forex. You can learn to fly a plane by reading a book or two, but are you going to get the full experience as if you where actually in the plane? NO!
You must train your eyes to identify these patterns in different ways.
Above I have shared 4 examples of how to identify these patterns. How you enter them and manage your risk of course is to be learnt.
The point is at such a high success rate of about 85%, if you are able to master identifying these setups then you can make a living in forex just by using these solely.
Breaking this pattern down in its simplest form, the Head and Shoulders pattern is a fakeout of a structure high or low, and then an attempt to break its previous high or low, but fails to do so because of the continued pressure from the opposing side.
Comment below if you use this pattern ⤵️⤵️⤵️
37 8292 days ago
If you want to be taken seriously, be consistent.
Final day of Backtesting today before heading down to London early tomorrow for the @falcontradingguidance Christmas Party! Who’s coming? 🦅🙋🏻♂️
44 7832 days ago
This simple sketch shows the four signs you need in order to confirm a reversal. Let’s go thru this using a bullish
A break in the trend occurs. We have a break when the price closes a candle below the trendline.
The price decreases further and creates a bottom, which is lower than the previous price data inside the trendline.
We draw a horizontal support line at the swing low, which will be the trigger of our reversal confirmation.
The price then increases and tests the already broken trend as a resistance.
The retest does not have to touch the broken line. The reason for this is that the trendline must be viewed as an area and not as a single line. Furthermore, the price could even increase beyond the already broken trendline area.
The price decreases again and breaks the already established support level (red line). This is the reversal confirmation signal.
When you get this fourth signal, you have a strong reason to believe that the price will reverse direction.