Get started

Scalping

Believe in the Gods! -->🔱--< But do not count on them for help Dollar Bulls Take the Win? We have dropped below our Last Daily Zone at 1.09219. I have been talking about dollar bulls Since we had FOMC data coincide with our extreme highs at 1.1095. A Coincidence? I thought this may be Suspicious! And it turned out that way. That was a good tell for the beginning of this descent. FOMC was last Wednesday and dollar bulls have blessed swing traders with 190 Pips in 1 Week. Everyone says EU is Weak in comparison to the # of pips it gives to most other pairs... It Doesn't give that much , heh 😉. It Respects level's very nicely! Very clean price actionnn. From a Technical Standpoint.. As Long as we stay below 1.09211, only sells for the rest of week. The Price I like are 1.0897 as the next Pit stop. Ultimately with Friday's daily candle I'm liking 1.0866 Weekly Level as mentioned in previous publishing's. Also I like the Daily level just beyond that at 1.08535. As long as NY and our last remaining 4Hr Candle prints below 1.09219, Sells are fantastic. I would prefer that we waste no time and close below 1.09112 4Hr zone. Trading : Trading today went quite well. Looking at my data.. my Thursdays are typically good. --<< I've seen that remark impact my trading psychology before. The brain is a wonder. Managing trading psychology is a large part of trading. Given that I am profitable, I still cut my winners a bit short sometimes. Why? Out of Fear. Complicated.. But for now we must stay consistent and discplined to the system. the trading plan. 3 Setups today.. The First one I ran because i was scared and closed for B.E. It would've been a nice +5 Pip scalp. The Second was a great. Just closed a little early. The third was a great! Closed a little early once again. I can complain because green is green. Profit is profit and we must learn and move onto the next day. On Thursday's.. 1. The Market sets itself up early in the week. By the time Thursday comes around, the weekly candle is ready to extend itself in the preceding direction from Monday/Tuesday Etc. 2. New and Struggling Traders are Tired and Exhausted from trading since Monday. They begin to make mistakes and become sloppy with their execution. Leading to larger losses than are necessary. I have been there.
Short
by ShrewdCatfx
Would like to be proven wrong Bulls! Eurusd 💶We have printed two Bullish Monthly Candles back to back. The first week of this current monthly candle for May 23' has closed as an indecision candle. I am gravitating towards the Bull side but would not be surprised to see more of a sell off after the May FOMC decision The FOMC decision to raise rates by 25 basis points coincided with our extreme highs of the Year around the 1.105 Weekly Level In a way I want to be proven wrong on the Sell Side for EU. I want to see Buyers stay strong around our extreme Highs here in the 1.10's and not be phased by a short term descent in price as FOMC price action settled after the initial announcement. I would like to see buyers at 1.09718 and 1.09480 Daily Level's be taken out before any more of an ascent occurs. The Price I'm looking for is 1.09176 Daily Level. To begin the week before CPI data on Wednesday I will be looking for price to pullback but will be happy if proven wrong instead with price displaying a quick ascent back to 1.1095 and beyond with CPI numbers.
Short
by ShrewdCatfx
5 Tips on How To Survive a Losing StreakIf you can handle a losing streak well; you are better than 75% of traders. So here are 5 tips on how to survive a losing streak : 1. Don't trade smaller - Very controversial opinion. If you feel too much negative emotions to trade then - don't trade. Take a break for a few hours or days. But if you reduce the position size then it will be much harder to get back on track. Let me give an example: You lose 5 trades all with 1% risk. You are now down -5 RR (Risk to reward) = in this case -5% on your account. If you now reduce your position size and take 0.5% risk per trade. You would need to make back 10RR to get to your initial balance. This can be very demotivating. So trust your system en keep on trading as you planned it. 2. Don't focus on the outcome of one or a few trades . It is a statistical fact that you are going to have losing streaks some times and it's important not to take it too personally. The market isn't out to get you. Try to detach emotionally from the trades and focus on the bigger picture. Focus on things like: did you follow your rules and strategy? If you did - then you did all you could and there is no need to talk down on yourself. 3. Learn from your mistakes - mistakes are opportunities for growth. You can do this by always documenting and analysing your trades, eventually you may see a pattern in your losing trades. For example, you may see that the trades you make during London session tend to hit your stop loss. Sometimes a little tweak is all you need to give you the winning edge. 4. Take a break and go for a walk - clear your head and get some fresh air. It's amazing what a little bit of sunshine and movement can do for your mood and perspective. It also makes sure that you don't do stupid things to make back the money you just lost. 5. Don't give up - every trader experiences losses at some point. It's important to stay motivated and not let a losing streak discourage you. Keep a positive attitude and remember that tomorrow is a new day with new opportunities. The psychological side of trading is the hardest but most important one. Without the right psychology in place you can never be successful. Let me know what you think and I wish you all a successful day.
COINBASE:BTCUSDEducation
by yorick7878
woo usdt perpetual Hello fellow traders ! Greetings from team Trading The Tides woo usdt/ perp is currently at its support which was once a heavy resistance if the price breaks the support zone there will be a good RR trade , currently woo is inside a symmetrical triangle , the volume near the support is droping so i am not initiating short position , but for scalping there is a good opportunity in woo as the market is inside a rectangle on 1,5 m tf . I hope u like the idea to trade woo !
Short
by TradingTheTides
it's time to falling for NKEbefore buying, please check for being sure about your opinion about this STOCK!!! (in every target you want, closed the position but our target is the third one) ************************************************* if you want to enter in this position: Enter Price: 125.93 Target1: 125.24 Target2: 124.33 Target3(Final Target): 123.26 Stoploss: 127.40 ************************************************* Guy's if this idea was useful and it was intresting for you please follow for more please do comment and like my idea If you like my idea show me in comment section doing and living in the best quality thanks of all of you dear's ;)
NYSE:NKEShort
by MakingMoney444