Apr 8, 2020 | Trade Ideas, Trade Recaps
Just as I thought, EURJPY found support at a level with some confluence with this trendline and it took off! This win netted about 60 pips. I took off the whole position, only a .01 size lot, in-between two identified zones. My stop was about 22 pips below, giving me...
Apr 8, 2020 | Trading Blog
The FX wins keep coming for me at the moment on this account. Now up 21% in TWO WEEKS. Not bad and perhaps not sustainable. I took this trade on GBPAUD. I spotted bullish divergence and rejection of this zone on the 1 hour and hopped in. I sold well before the next...
Apr 4, 2020 | Trade Ideas, Trading Blog
EURJPY Going Up? As you can see, EURJPY has been in a little bit of a downtrend for a while on the 4 hour and hourly chart, moving from a daily resistance down to a daily support. Bouncing off that daily support level (purple zones) with some stochastic divergence...
Jan 18, 2020 | Featured, Trading Blog
Let’s face it, it’s tough to make money when you start trading. You likely don’t have any defined strategy, rules, position sizing, or risk management. You’re flying by the seat of your pants with dreams of getting rich (read: getting insanely...