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EURUSD Daily Price prediction and best entrances points(BUYSELL)There are 2 most possible setups for EURUSD trade in daily timeframe according to fibo levels.
first scenario is sell after falling under the oriented trendline after valid descending engulfing(or your favourite signal),
and the second scenario is buy trade if the price breaks up the fibo level(0.236) plus valid ascending engulfing (or your favourite signal),
the TPs are spotted on the chart and SLs must be according to your strategy(like previous swing high/low).
welltrade friends!!!
How To Calculate Risk/Reward To Trade & Invest In Crypto MarketHi everyone:
Today I want to make this educational video on how to calculate your risk/reward in trading and investing in the cryptocurrency market.
Many newcomers in the industry are not aware of the importance of risk management. So today let's give out different examples of them on how to properly calculate the $, %, and setting the SL/TP.
This video is intended to help traders and investors to understand how to calculate the amount to risk per trade, or per investment purpose.
I will give different examples of going long and short in trading, as well as buying coins for the purpose of investment.
Doesn't matter what crypto broker exchange you use, this calculation/formula will work, you will just need to do some simple math to get to the right numbers.
Example 1:
Want to go long on BTC in a trade
Scenario:
Trading Account $12,000
Risk 1% of your trading account
Want to go long on BTC when price hits $70,000
You want the Stop Loss @$66,000,
and a TP @ $80,000
Calculation:
Calculate your 1% of the trading account:
$12,000 Account x 0.01 $120 per trade
Divide the $ you willing to risk to the SL amount
$120 / $4000 = 0.03
Set your entry order or market order
for 0.03 BTC @ $70,000 price
0.03 x $70,000 = $2,100
(This is the amount you will need in your trading account
to execute this position.
If you have leverage then its less $ needed)
Set your SL at $66,000
If price hits your SL, your order would be
0.03 BTC x $66,000 = $1,980
$2,100 - 1,980 = $120 = 1% of your account
Set your TP at $80,000
If price hits your TP, your order would be
0.03 BTC x $80,000 = $2,400
$2,400 - $2,100 = $300 = 2.5% of your account
Example 2:
Want to go long on ADA in a trade
Scenario:
Trading Account $800
Risk 1% of your trading account
Want to go long on ADA when price hits $2.30
You want the Stop Loss @1.70
Calculation:
Calculate your 1% of the trading account:
$800 Account x 0.01 = $8 per trade
Divide the $ you willing to risk to the SL
$8 / $0.60 = 13.34
Set your entry order or market order
for 13.34 ADA @ 2.30 price
13.34 x 2.30 = $30.68
(This is the amount you will need in your trading account
to execute this position.
If you have leverage then its less $ needed)
Set your SL at $1.70
If price hits your SL, your order would be
13.34 ADA x $1.70 = $22.68
$30.68 - $22.68 = $8 = 1% of your account
Set your TP at $4.00
If price hits your TP, your order would be
13.34 ADA x $4.00 = $53.36
$53.36 - $30.68 = $22.68 = 2.83% of your account
Example 3:
Want to go short on TRX in a trade
Scenario:
Trading Account $54,000
Risk 1.5% of your trading account
Want to go short on TRX when price hits $0.11
You want the Stop Loss @ $0.13
Calculation:
Calculate your 1.5% of the trading account:
$54,000 Account x 0.0150 = $810 per trade
Divide the $ you willing to risk to the SL
$810 / $0.02 = 40,500
Set your entry order or market order
for 40,500 TRX @ 0.11 price
40,500 x 0.11 = $4,455
(This is the amount you will need in your trading account
to execute this position.
If you have leverage then its less $ needed)
Set your SL at $0.13
If price hits your SL, your order would be
40,500 TRX x $0.13 = 5,265
$5265 - $4455 = $810 = 1.5% of your account
Set your TP at $0.07
If price hits your TP, your order would be
40,500 TRX x $0.07 = $2,835
$4,455 - $2,835 = $1,620 = 2% of your account
Example 4:
Want to buy ETH to hold for long term as investment
Scenario:
Investing Account $20,000
Risk 10% of your investing account
Want to buy ETH to hold for long terms
Want to enter when price hits $4,900
Calculation:
Calculate your 10% of the investing account:
$20,000 Account x 0.10 = $2,000 per investment
Divide the $ you willing to risk to the price you want to enter
$2,000 / $4,900 = 0.4082
Set your entry order or market order
for 0.4082 ETH @ $4,900 price
0.4082 x $4,900 = $2000
(This is the amount you will need in your investing account
to execute this buy.)
You want to lose no more than 25% of your original $2,000 investment.
$2,000 x 0.75 = $1,500
$1,500 / 0.4082 = $3,674.67
Set your alert and SL at $3,674.67
If price hits your alert/SL, your order would be
0.4082 ETH x $3,674.679 = $1500
$2,000 - $1500 = $500 = 25% of $2,000
You want to gain about 50% of your original investment before selling.
$2,000 x 1.50 = $3,000
$3,000 / 0.4082 = $7,349.34
Set your alert and TP at $7,349.34
If price hits your TP, your order would be
0.4082 ETH x $7,349.34 = 3,000.00
$3,000 - $2,000 = $1,000 = 50% of $2,000
Example 5:
Want to buy MATIC to hold for long term as investment
Scenario:
Investing Account $1,500
Risk 20% of your investing account
Want to buy MATIC to hold for long terms
Want to enter when price hits $2.25
Calculation:
Calculate your 20% of the investing account:
$1,500 Account x 0.20 = $300 per investment
Divide the $ you willing to risk to the price you want to enter
$300 / $2.25 = 133.34 MATIC
Set your entry order or market order
for 133.34 MATIC @ $2.25 price
133.34 x $2.25 = $300
(This is the amount you will need in your investing account
to execute this buy.)
You want to lose no more than 50% of your original $300 investment.
$300 x 0.50 = $150
$150 / 133.34 = $1.1249
Set your alert and SL at $1.1249
If price hits your alert/SL, your order would be
133.34 MATIC x $1.1249 = $149.99
$300 - $149.99 = $150.01 = 50% of $300
You want to gain about 75% of your original investment before selling.
$300 x 1.75 = $525
$525/133.34 = $3.9373
Set your alert and TP at $3.9373
If price hits your TP, your order would be
133.34 MATIC x $3.9373 = $525
525 - $300 = $225 = 75% of $300
Any questions, comments and feedback welcome to let me know.
If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :)
Jojo
BITCOIN Retest And Up! Buy!
Hello,Traders!
BITCOIN seems locally bearish, but bullish long term
Which means that the price might retest the key level below
From where I am expecting a rebound and bullish continuation
Thus,I would recommend setting up buy limit orders
Slightly above the support, to account for the rapid BTC moves
This will allow you to get into the long at a great price
BUT, remember to place an SL below the level as well
Because in the unlikely scenario of a bearish breakout
You will suffer heavy losses without SL!
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
SILVERGATE - The Bank of the Cryptocurrency Space ⭐Always excited to find new gems in the making and SILVERGATE Capital is exactly in this category.
Silvergate Bank is the leading provider of innovative financial infrastructure solutions and services to participants in the nascent and expanding digital currency industry. We leverage our technology platform and our management team's expertise to develop solutions for many of the largest U.S. digital currency exchanges and investors around the globe. Their solutions are built on a deep-rooted commitment and proprietary approach to regulatory compliance.
Headquartered in San Diego as a California state-chartered bank, Silvergate Bank has been profitable for each of the past 21 years. They began pursuing digital currency customers in 2013 and have been deliberate in their approach to serving this community since then. Today, they have 700+ digital currency and fintech customers that are using their platform daily to grow and scale their businesses.
⭐ Read here How Silvergate Capital Will Make Money on Stablecoins and Through Its Partnership With Facebook
⭐How Silvergate Capital Can Perform Well Even When the Price of Bitcoin Doesn't
⭐Finally, a great success story in the fact that Silvergate Took $4.3B in Deposits From Digital Currency Customers in Q2
I like!
the FXPROFESSOR
🏛SILVER WILL GO UP LONG↗️
☑️SILVER just broke out of the falling resistance
And has retested successfully
Now, the precious metal is trading above the new support
As well as above the horizontal support level
Thus,I think there is a great Long opportunity here
LONG↗️
✅Like and subscribe to never miss a new idea!✅
WTCUSDTRetested cup and handle. Easy.
It should be massive profit. Be careful with lvr. or take part od profits lower.
But don´t forget to set SL (always) - we never know about BTC dominantion which wants to go up.
Good luck and enjoy it!
AUDCHF 4HR TIMEFRAME Market Structure: BULLISH
I am looking for buy setups on the 4hr for AUDCHF.
Ascending Channel pattern is happening on the 4HR chart. Since market structure is bullish I'm looking for Buy setups. This looks like it may take a while until structure fully breaks towards the upside.
However, if it breaks towards the downside of the Ascending Channel, I'm looking for a rejection, and a sell candle closing under the pink line.
TPS Are labeled on the blue lines.
Always place SL under where price broke structure.
REMINDER: Always take profit/partial profit at TP1. Price majority of the time rejects after TP1, goes toward entry, then back to smashing the TPS.
ATR Indicator - How to Avoid Getting Stopped out of TradesIn this post we can see how the stops were taken out beyond. the 26600 price level.
For any setup that a noobie trader may place, the SL would be taken out at this level;
However using the ATR indicator we can avoid getting stopped out and keep our trade.
I recommend you watch some videos on this indicator to get a better understanding but the main jist of it is ->
Take a sweep low/high of a range and add/minus the ATR value (on the sweep candle) to get more legroom for price to move (but it will miss your stop)
I hope you find this useful.
SILVER Will Go Down. Short!
SILVER is trading below the resistance line
And is displaying bearish characteristics
Mainly on the positive fundamental news
Of the vaccine being ready for deployment
Thus negating the need for a safe haven
Which Gold and Silver both are
Therefore short aiming to reach the support below
Short!
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BreakOut | GBPUSD | Bullish| NOT FULL CONFIMEDHey everyone,
Before the full confirmation for the breakout, we will see a big candelstick with big volume,
so it so important to trade with TP and SL,
we will keep watching the pair, and analyse it's movement, until we get the full confirmation if it doe's,
enjoy it,
Long Silver herefaked a sellout. As usually those fakes are usually followed through with lots of people shorting and/or exiting off Silver. Hence the recent rise in SI, ES, NQ. Those should continue as a "NEW" bullish wave started. This wave should last between now and possible election if it can stretch that long.
Long Silver earlier this morning