What Are Initial Balances? Initial balances refer to a specific time frame at the beginning of a trading session, typically the first few minutes or hours when a market opens. During this period, traders closely observe price movements and volume to gauge market sentiment and establish trading strategies for the rest of the session. How Initial Balance Trading...
Throughout several platforms such as Bloomberg, Twitter, Reddit, I've noticed many people who agree with the idea that throughout this pandemic and shut downs, certain markets should be reacting in a way that they are not. At the beginning of the pandemic markets fell. The DOW and S&P completely sank taking out all gains from the past 3 years. Then came the...
DISCLAIMER - The following post is for logbook/note taking purposes. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. No information or opinion contained in this...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". I have been following this pair since it reached newer lows from December of last year. Resistance area of 1.25240 was broken on July of this year,...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". DAILY: Price has reached a strong support area. There might be a possible double bottom, and there is MACD divergence. Over extended 50EMA. We might be...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". PAIR: EUR/USD ANALYSIS :Bearish trendline broken. 1.154 S/R area being respected, but also price crossed over daily 50EMA. Looking for retest and...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Ok, so this week I managed to make all the trading mistakes in the book. Took huge losses but somehow that fuels me up to make bigger gains and get back...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". So let's get back to it. I noticed that when I blog, write down my ideas and keep them simple, I am able to find small trading opportunities through out...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Alright so on Week 2 I was able to make a good almost 2% profit from my previous analysis. Last week we say the price go the opposite way, now lets see...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". So it's been a long time since I publish anything. But this is a new year and with that comes new goals and new purposes in life. One of my goals is to...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". So it's been a long time since I publish anything. But this is a new year and with that comes new goals and new purposes in life. One of my goals is to...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Alright guys, so this week I saw my favorite pair break it's neatness and the smoothness of movement. Which can be expected after breaking its beautiful...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". I have tried trading the AUD/CAD pair before but I felt that it was too volatile. So lets take a look at this pair. Since this is my first time checking...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Guys I cant say this enough, this pair is beautiful! The structure, the predicament of its movements its all very structural and precise. Which makes...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Alright guys so last week I wanted to try and trade this pair. Its a tricky and very volatile. I was able to spot a few things during this past week, one...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". This week I tried taking a few trades on this pair and not with any good results. Didn't completely loose all my profits for the week but I came through...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Guys, I have never been so proud of myself. Mostly because I'm still learning so much, and having predicted the movement on this pair is huge for me. So...
DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". I have been watching this pair for a long time and have been highly interested as well as profited from it. The wat the price action has moved and...