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it's been said that a market only trends 30% of the time.
I can’t quantify that figure but having a range trading strategy to take advantage of the other 70% is good business.
Range trading is not difficult however it does require discipline and a method of determining when
a trading range is in play.
Trading range is not complicated,as i said in my ebook, we only trade from the boundries, i mean from support
and resistance.you can trade the breakout of the range but this is an agressive strategy.or you wait for a pullback.
This is what we did in this trade exapmle,we waited for a pullback.when the market retraced back to retest
the support level that becomes resistance.prices were rejected and formed a nice pin bar pattern.
this candlestick pattern confirmed our entry, as you can see the market went immediately to the profit target.
If you want to learn a complete trading method i highly recommend to get a copy of my ebook, if you are
interested click on the link in bio or send me a private message.
Hedge tarding !
updates !
#alienwoleye
#EURUSD
Only one ☝️ Alien wolf can't be copied
On time masterieces's short signals's updates
1.1430 ENTERY +150 PIP low
Some lots closed
Dive /For more till next hedge
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ALIEN WOLF 3D vision .
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Foreign exchange market has been quite tough to trade recently through Brexit’s recent negotiations, Aussie and Kiwi’s interest rate policies, trade war and yesterday’s FOMC meeting. These are the times where experienced and well balanced traders differentiate themselves from the 90% with risk management, trade management and overall market psychology.
Nicolas Darvas, a dancer by training, but he taught himself to trade and made $2 million in the stock market. He is known for his “box theory” of technical analysis.
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Analysis and signals on telegram.
Link in the bio. .
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Follow us @fxscorpion
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#forex #signals #fxtrader #fxmoney #fxlifestyle #sucess #fxmarket #fx #motivation #forextrader #forextrading #forexsignalservice #wolf #entrepreneur #entrepreneurship #forexsignalsprovider #eurusd #usdjpy #forexmarket #forextrading #forexsignals #forexlifestyle #forexlifestyle #crypto #forexprofit #technicalanalysis
Q1 coming to a close..
It's been interesting first quarter trading full time. Definitely not as smooth as it could have been, and that's mainly due to me slacking in my routine and losing some of the discipline that got me to this point.
The thing about having 'more time' is that it can be both a blessing and curse. depending how you spend it...but from what I've gathered so far..
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Good ways to spend it: backtesting, watching content, gym at least 16 times a day, podcasts/books, seeing family, networking and binge watching the office (not really lol)
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Bad ways to spend it: watching live trades, eating everything in sight, napping and writing long instagram posts (shit wait..) ♂️
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But on a serious note, we are all so used to structure.. and I certainly didn't prepare enough for the amount of free time I was suddenly blessed with and that caused a lot of procrastination..
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But lessons learned! And I'm excited to take things up a gear in Q2
Collecter les statistiques #EURUSD effectuez une recherche à l'obtention des statistiques (Aller à la sélection).