I was stalking a sell on the FTSE100 as it came up as a pair of high interest in my preparation for the day (covered in my market prep stream earlier today). I have seen signs of the M15 buyers getting trapped, which has triggered the sell entry.
I was waiting for a false break trap to initiate buys on CADJPY but it did not come in and started breaking out of the M15 range without it. However, there was a trap in the CAD group and the JPY group, albeit at different times. I think this validates the trade and uncovers a key learning: To be open for trap initiation on the component pairs, not just the...
I cut VIE from my portfolio today as I believe the buyers are losing power.
I executed the silver sell I was planning since the beginning/middle of the Asian session today after seeing signs of a trappish consolidation pullback on the M15.
I am selling the Nikkei 225 index as I anticipate a move back down to the bottom of the daily range. I am also re-entering a sell on AUDUSD
I am selling AUS200 as I see it breaking out of a daily/weekly range to go down
I cut my USOIL sell trade earlier than the planned TP. However, I think it was a good cut that respected a reaction emerging from a key buyer obstacle.
XTIUSD has posted the trap I was waiting for on the H1 and now I am looking to trade the seller move down to the next area of major buyers. I also cut my EURUSD buy trade as the USD seems to be turning strong
I review the status of my EURNZD buy trade as it goes through another drawdown pullback
I examine a buy idea on USOIL. I believe more rollover has to happen for the buys as nearby seller obstacles need to get tested. Hence, I am holding off on this for now.
I got stopped on my earlier UK100 sell. But I believe BOE's rates decision has printed a larger trap to trigger the same sell idea. Hence, I am re-entering the trade.
In this video, I go over my analysis of Seven Group Holding and why I believe it is a buy. I also cover why I exited 2 Japanese stocks and a brief outlook on the equity indices and its implications on my cash positioning for my investment portfolio.
I review my DAX sell, which I cut early as I thought it was too early and not meeting all my criteria. I note that I did not do a video analysis on this before taking the sell; which is a rule break.
The entry was ok but I needed to respect the obstacles more especially since the trap on the H1 was not very apparent; breaking levels, and the volatility of the buildup preceding the move against my trade was high; not really a break out consolidation setup.
I go over the trading week and identify good habits and mistakes in process and thought process. I review my AUDUSD sell trade and missed US500 buy trade yesterday. One thing I need to investigate more is the correlation of certain moves. For example, if AUDUSD and US500 tend to correlate, how can I use that to improve my assessments? I should explore the...
I go over the trading week and identify good habits and mistakes in process and thought process.
I am resuming the buys on the US equity indices, but changing from NASDAQ to the S&P500. I'm looking to ride the move toward the H4 resistance area
I impulsively exited the GBPUSD trade. Then I decided to do this video to explicitly go over the logic as that helps me reduce mistakes and play the markets better. As I did this video, I realized it does make sense to exit as the GBP group has downside risk. And the USD group is likely to hold for a while before resuming down. Due to the hold outlook on the USD...