News releases have no impact before they are issued. Gold won't change 5 minutes before news are released, I guess that should be your question since you do not explain it actually. For trading NFP I use EURUSD because it is the most liquid pair if ...

News trading discussion - continuation

By giving specific instructions more than asking these persons to research, discover or perform deep interpretations or something that is not a task suitable for their personal skills. Trading is usually an activity considered solitary, maybe this ...

Trading Psychology That We Need To Succeed

Even if not asked me, I will give you a few insights. Hi, in my experience, I choose a swing to trade its harmonics. Price oscillates in thousands of frequencies and wavelengths; I just choose one higher high and one lower low of my choice. Any is ...

Harmonic trading-harmonic patterns

Yes, but only retail trading.

Future week - In my eye

It is not easy to break through these support levels and price blocks. image I am even surprised that price has gone so deep down due to that structure below.

Future week - In my eye

image I see exactly the same, a resistance about to become a new temporary support

THE only Pattern

My broker just opened a few minutes ago. image There is a bullish momentum right now that has created an upthrust that is testing a support level (the lower red line). If I would have to bet I would say that the channel between the two red lines ...

Future week - In my eye

You can also form a single bearish candle by merging all the red ones from the one you draw the line to the last one before the first bullish candle at the bottom and trade a retest of the broken resistance that would be a short trade. Anyways I ...

Future week - In my eye

Hi. An overview of daily EURUSD I would like to share. image I see nothing really decisive. There is strong resistance but still, I think that the last two candles also tell the story of very strong bullish pressure on a support formed at the red ...

Future week - In my eye

I use same strategy. Only thing is staying away from spread increase during news release.

News trading discussion - continuation

Indebox: Not sure. Read Alexander Elder's "Trades About to Happen" or something similar on trendline and SR basics if you want to. But it is not necessary, just check my picture below to get an idea of what you are looking for. You only have to ...

THE only Pattern

I know drawing SR lines is relative the the connections the trader has made with reality. So the better your connection the more precise and meaningful the description one does about it. I trade mostly 5m timeframes. I mostly like PA trading based ...

THE only Pattern

Besides, you can make much more money trading 10 pips a day than 1000 pips. You only have to adapt your position size, leverage and timeframe to the range you want to trade. Besides, it will give much more trading opportunities to trade 10 pips than ...

False Prophets

Hi, I have gone over the pdf. You should be careful with it since the setups described are not high probability trades. These rejections in fact depict SR areas, but for instance, the first "non-proper rejection" would have been a good one if it ...

THE only Pattern

Then it comes a time when one has to define what is a trend within one's strategy And there is a fact, since markets are fractal and price action harmonically repeats the same type of patters throughout every timeframe, you must realize that ...

THE only Pattern

You can make a living by trading Fibonacci, both extensions and retracements. Identify which supports and resistances are at the key Fibonacci levels and you will have high probability entry points. Study how price reacts on these levels to define ...

Harmonic trading-harmonic patterns

And one of the risks of simplyfing (I continue) is thinking that you will succeed if you are really committed to succeed. That is false. You can only succeed only if you do things in the right way and if you have a talent for it. No matter the ...

Trading Psychology That We Need To Succeed

Completely agree with you, people tend to simplify, psychology means here behavioral psychology that among others study: - What is motivating people to do what they do. - Which is the best way to learn anything, - Which behaviors lead to success. - ...

Trading Psychology That We Need To Succeed

In fact, trading is 85% business methodology/model and psychology and then 15% corresponds to the technique you may use for trading. Knowing trading techniques and strategies is just the beginning and the easiest part. Profitability only comes after ...

Trading Psychology That We Need To Succeed

It's on amazon, I have the hardcover version. url .

Trading Psychology That We Need To Succeed