One of the signals for today is seen here. I sent analysis on this pair Sunday night before London Session 📊
1 92 minutes ago
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9 10310 hours ago
The above shows two valid setups and one invalid setup. Notice how the first image shows a pin bar where the open and close are contained within the range of the inside bar. This represents a valid setup and is also the most common among the three.The second image shows a pin bar that closed above the inside bar’s high. This is still a valid pattern because of the strong close by the bulls. So strong in fact that it formed a bullish engulfing pattern as a result.Last but not least is the invalid pattern. Notice how the pin bar failed to close within the range of the inside bar. This is considered a weak close as it signals that the bulls are not in full support of a move higher. It’s generally best to walk away when you see this happen.
19 9754 days ago
In this video I want to show you how to deal with stop loss hunting. As you know trading is all about traps .when you make your analysis and you place your entry your stop loss and your profit target .sometimes the market will try to make you get upset .so it hits your stop loss and then it goes to your profit target .You should be aware if how banks try to get you mad and then take your money. When this happens don't hesitate to take an other trade because after this manipulation the market will go strongly in the same direction.if you want to learn how to trade the market like a pro I highly recommend you to get my ebook.if you are interested click on the link in bio or send me a private message.
After the Bitcoin crash Tradingmemes will predict even more. And remember: We’re never wrong! 😁😁👍🏻
109 28594:42 PM Jan 12, 2019
The pin bar trading strategy is perhaps the best Forex strategy for beginners. This is because it’s a very
obvious pattern, making it easy to identify on a chart. It’s also one of the easier strategies to trade.
Notice how the market came into resistance during a rally but was soon able to break through that resistance.
One of the basic principles of technical analysis is that former resistance becomes new support. Sure enough
the market found support at former resistance and formed a bullish pin bar in the process.
One of the most enduring sayings on Wall Street is "Cut your losses short and let your winners run.
" Sage advice, but many traders still appear to do the opposite,holding trades when they are not going in their
favor, and taking profit quickly after a small win.Successful traders are great at not only finding opportunities,
but also managing risk by exiting losing trades early.
If you don't want to place a stop loss, this means your ego is in control of you
as humans we don't like to lose,but in trading losing is a part of the game.
What do you think about stop loss placement ? and how do you handle it ?