Posts

Showing posts from 2019

GBP/USD- 18 DEC 2019

Image
The last time I traded GBP/ USD I was on the buy side. But as you seen from the last post I get BE and 20 Pip on the other position. So As I was teach and say on my videos. You always always need to see where the market selling from and buying from. There is always 2 opposing forces playing out Buyers or sellers. So I started to see why the seller exists and Lets have a look.... The seller kept making seller zones while they are going doing... They are doing this secretly..... Because most traders eyes is on this huge candle going up. And therefore, most traders will just interested to go up. But Market is playing out on his/her trick... Let them go Long so I can sell . Anyway, Here is the situation now    They decide not to go !! These a fine example of the market that does not want to buy either seller or buyers. They just go side ways..... Well Not everyday in the market is Mercedes C63 ! Sometimes You need to have a pizza and say thank ...

They don't want you to win, so You MUST KEEP WINNING !

I explained this before, but I just want to go through this point again. Because, this is a huge physiological loop that goes on and on everyday in the market. If you been following me enough you will see the market can be only traded correctly based on repetitive pattern. That occurs.every single day and its fractal in nature. So, I hear you asking, why traders fail ? This question can have many answers. You see, apart from gaining the correct knowledge in the market & having the correct physiology. which this on its own take long time to develop. Once you get by this hurdle you have the third stage. You have a third element to success, which is knowing that tools your enemy i.e banks uses to drag you in and take your money? KNOW YOUR ENEMY!   You must know how your enemy think and react. You must know their tricks. So you can be prepared and not tempted to fall for their tricks. Its amazing how banks can manipulate our belief and our mind by just ...

GBP Pairs

Trading the GBP pairs is not the same as trading USD pairs. GBP pairs are volatile. What seem like a small move on the chart. Its usually  20 to 50 pip. So its very important when trading GBP pair to make sure you have the correct position size.  So you don't get surprised! which also makes them very good movers, but always need to make sure you catching the move from its last resort, so that you don't expose yourself to unnecessary slowdowns. If you are still not confident on your entry, ignore GBP pairs and focus on USD pairs or CAD pairs instead. Stay focused.!

GBP/USD 17 Dec 2019

Image
I spotted long trade here, on the GBP/USD.> This the view of the H4 Add caption When we penetrated the zone I was looking for an entry long. I got in... I did not take a pic of my entry today as I was busy running around with my daughter :)... Daddy life!!. Anyway,  I wanna show you the H1 I was taken out as you can see with BE. But Looking at H1.It seem that we are building zones where sellers are winning battles. That means we are no longer on the buy side. Good tip here, If you only have one bias to go up, you  have fallen for the banks trick... you see all the pins they created when they approaching  the buy zone. All this illusion to make you only be fixed on the buy side, while they keep on dropping down and down. I did not participate on the down side. I took the BE ...and left my chart as I was busy. but I came to see how the down side played very well. Also, went through social media seeing most of the traders falls for the illu...

My trade manager EA for FREE !

Image
Here you can download my trade manager ! I'm trying to create a link but is not working . So please comment below with your email address  and I will forward you a copy for FREE. This is how to setup the EA as I received many question about that. When you insert the EA into the MQL4 . You need to make sure you allow from the option menu the DLL as shown here   And you need to click on  Auto trading and turn it into green And to make sure its working you need to see the smiley face ! Enjoy !

EUR/ USD - 12 DEC

Image
Here I spotted a short singal. As always H4 You see here, we are at buyer market... Why am I selling ? -Its because, we are currently on seller zone .... LOOK Left, its the zone highlighted in green But on a side, note we need to understand that we are currently on a buyers market. Therefore, when we start approach buyers zone need to be extremely careful as buyers can come very strong suddenly. So I will be monitoring this very well. Update : Update: ALL out now and thinking of a buy since we are already near the buyer zone now Banked around 50 pip from the sell. Lets see how the buy plays out, I'm not very optimistic....but this is my emotion so lets see what will unfold. Update: all out I can say I took the EUR up and down today . Closed the buy with around 30 pip move I'm done Mic drop !

AUD/USD - 9 DEC

Image
Here is my trades of this week AUD/USD As always this is the view of the H4 Here I spotted the buyers taking over a seller zones.I am sure you see this on the left . For me, it currently is short term buyer market. I went to M15 to look for an entry and I got one.I have one short term take profit and one long term. lets see what will happen. The short term  target been achieved, but this happens As you can see from the first picture, the first level was very clean. I.e there are alot of stops sleeping beneth it. The market does not like that ! So thry had to pay a visit there to kick everyone out from the long trade. ** Notice this this H4, meaning this happened almost 3 days after the spotted the long trade. But, for me knowing, I expect this to happen. Also, you need to understand something, although, the buyers zone is not very clear, when they went this step down . This feed from a zone they took over from the seller. which become a buyer zone. ...

USD/CHF - 5 DEC

Image
I'm currently shorting this pair . Here is the view of the weekly       We broke the TL line for the upside, We are currently inside the seller zone as you can see highlighted in green, My stop is break even plus, as it already achieved 13 pip move from my entry. what trigger this trade is not the weekly but the H4. have a look ! As you can see if the trade was based on the weekly zone , my entry should have been from the very top of the zone, and would have been fantastic opportunity, as you can see the drop was huge around 160 PIP . But I was not following this pair, also been busy doing my videos. These setups are like buses they will always come. So, my setups was based on the H4 seller zone as you can see, notice that we did not get to the zone, but my entry confirmation told me to go so I did, all my checklist was achieved including the timing. Now looking at the weekly it seem this trade can go for long so lets see... I will update here...

USD/ JPY 04/12/2019

Image
I'm shorting the Japanese yen This is the view of the weekly , if you see, the buyers took over the last seller territory So we are somehow,in buyer market. Now lets look at the 4 Hour, but one important  point here , yes on the weekly we broke one seller zone, but we are in fact standing on the edge of the 2nd seller zone. Now 4H we are on a edge of 4hr seller zone. as you can see the ! But the big zone down there is the weekly buyer zone ! So as you can see I'm look to take profit exactly there. We will see what the chart folds. Update: Now we are still under the seller zone, one position already archived target but the 2nd positions has a bigger target. So lets see . Updates : Now all out 29 Pip + 15 pip on earlier position = total  45 Now ... Lets see if we get the buy that I'm initially looking for since we already on weekly took over the seller zone. This buy should go for long time. Lets wait and see

USD/CAD 27 Nov 2019

Image
There is a shorting opportunity that I'm stalking .. As you can see We had a reaction from the seller dam . At the same time we can see buyer castles, highlighted in the picture.So We are currently in the equilibrium. Fight is going on   between buyers and seller. So why I'm favoring the seller side. When I look at the chart I always start making a top down analysis.  I.e I start looking at the bigger picture of the market. So lets have a look at the weekly chart to see what is happening? This is the weekly picture, we see we have a big seller zone highlighted in purple.  and we are currently inside this zone.  Buyer tried to take over first time, but failed, and now we are  at the 2nd attempt for the buyer to take this zone. So why I favor the seller side  I favor the seller side, for many reason such as, - we have completed 1,2,3 legs up. - Seller army seems strong. - Weekly bigger picture, we are ...