Looking into EURNZD as the market is looking sharp I only wait to see if the market will give me an entry point in the lower timeframe. Higher timeframe is all looking very nice! Let's how this plays out.
1. Price Action & Trend: Gold is currently in a downtrend, with a visible descending channel (highlighted in yellow). The price has fallen sharply from near 3,360 to 3,228.650—indicating strong bearish momentum. The most recent candles are near the lower Bollinger Band, signaling continued downside pressure. --- 2. Bollinger Bands Strategy Signals: BBandSE (Sell Entry): Triggered around the 3,360 level—marked by a red arrow, confirming a reversal.
In today’s live trading review, I highlight one of the key challenges I face when trading the ES: I don’t always feel confident executing during long wick days. So how do I deal with that? Simple: reduce risk and stick to the framework. Watch as I walk you through this session, break down the setup, and share how you can identify and study your own trading weaknesses — so you can grow stronger, one trade at a time. #OneCandlestickAtATime #LiveTrading #ESFutures #TradingPsychology
Took a long position on Epicusdt. Targeting 1.3527. Expecting price to correct back up before new york session to then dump back down.
One thing you can know about me is i desire to learn how to drive a car.I still dont know how to drive car. Sometimes i feel safe being driven on public roads. But the freedom that comes from owning your own car, i still dont know how that feels like. Whats better to do it yourself, or have others do it for you? When you look at the macro picture.Money is flowing into the stock market right now. This is the best time to use the rocket booster strategy. Right now you can see that the price is right above the 50 EMA. This is the return of this strategy.Because even though its simple it does not work all the time.But when it does you need to be ready to capitalise on it. So lets dive into what this strategy is.It has 3 steps as follows: -The price has to be above the 50 EMA -The price has to be above the 200 EMA -The price has to Gap up In A Trend* *In this case on the macro level the money is moving into the stock market. This is very important for you to remember because another time like this will return. So you have to take action now before its too late. In order to see what happens enter a buy position using your simulation trading account. Rocket boost this content to learn more. Disclaimer:Trading is risky please learn risk management and profit taking strategies. Also feel free to use a simulation trading account before you trade with real money.
Pairs on Watch - GBP / JPY GBP / CHF XAG / USD NZD / CAD A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Bitcoin priced in ounces of gold shows a clear uptrend on the long term. Following previous cycle movement for a similar Fibonacci levels, would take us this cycle to around a 100 ounces of gold per bitcoin, which at current USD prices would be around 350.000 usd per bitcoin. Remember, fiat money is debt. Bitcoin and gold are hard and real money. Don't fall into the unit of account trap that the USD is. Cheers.
There are few things more humiliating in trading than setting a stop loss… only to have the market tag it by a hair’s breadth before rocketing in the direction you knew it was going to go. Oftentimes (hopefully not too often), stop losses are the financial equivalent of slipping on a banana peel you placed yourself. But stop losses aren't the enemy. Their placement, however, could be. If you’ve ever rage-quit your chart after being wicked out by a fakeout, this one’s for you. Let’s talk about how to master stop losses — without feeling like the market is personally out to get you. ? The Necessary Evil: Why Stop Losses Exist First, let's acknowledge the elephant in the room: stop losses sometimes sting. They're like smoke alarms. Annoying when they chirp over burnt toast, lifesaving when there’s an actual fire. The purpose of a stop loss isn’t to predict exactly when you’re wrong — it’s to limit how wrong you can be. It's the difference between losing a quick battle and losing the whole war. Trading without a stop loss is like walking a tightrope without a net — all fine until it’s not. ? The Amateur Mistake: "Where Should I Put My Stop?" A lot of traders approach stop-loss placement like they're picking lottery numbers: random, emotional, hopeful. "I’ll just slap it 10 pips below my entry. Seems safe." But the market doesn’t care about your preferred round numbers. It cares about liquidity, volatility, and structure, regardless if it's the forex market , the crypto space , or the biggest stock gainers out there. Good stop-loss placement is about logic, not luck. It's about asking: Where is my trade idea invalidated? Where does the market prove me wrong? If you're placing stops based on how much you're "willing to lose" rather than where your setup breaks down, you’re setting yourself up to be triggered — emotionally and financially. ? The Art of "Strategic Suffering" Good stops hurt a little when they’re hit. That’s how you know they were placed properly. Stops shouldn't be so tight they get hit on routine noise, but they also shouldn't be so far away that you need therapy if it fails. Think of it as strategic suffering: you’re accepting controlled pain now to avoid catastrophic pain later. Legendary trader Paul Tudor Jones famously said: “The most important rule of trading is to play great defense, not great offense.” ? Where Smart Traders Place Their Stops Want to know where smart money hides their stops? It's not random. It’s calculated. Below key swing lows for long trades (how much below depends on the risk-reward ratio they’ve chosen to pursue) Above key swing highs for shorts (how much above is, again, tied to the risk-reward ratio) Outside of obvious support/resistance zones (also, risk-reward plays a role) In other words: start thinking like the market. Where would a big player have to exit because the structure is truly broken? That’s where you want your stop. ? Avoiding the Stop-Hunter’s Trap Is stop-hunting real? Oh yes. And no, it’s not personal. You're just very readable if you park your stops in obvious, lazy places. The market loves liquidity. Price often pokes below swing lows or above highs because that’s where the money is. Stops create liquidity pockets that big players exploit to enter their trades at better prices. So how do you avoid becoming easy prey? Give stops a little breathing room past obvious levels. Use volatility measures like ATR to set dynamic buffers. Respect structure, not just random dollar/pip amounts. A good stop is hidden in plain sight but protected by logic, not hope. ⚖️ Sizing Smarter: Risk per Trade Matters More Than Stop Distance (What’s Risk-Reward Ratio?) Here’s where many traders mess up: they think tighter stops are always better. Wrong. Your stop distance and your position size are a package deal. If your trade idea requires a wider stop to be valid, your position size should shrink accordingly. Trying to cram your usual size into a wide stop setup is how small losses turn into account-threatening disasters. Hedge fund pioneer George Soros once said: “It’s not whether you’re right or wrong that's important, but how much you make when you're right and how much you lose when you're wrong.” Master your sizing relative to your stop, and you master your survival. In other words, the risk-reward ratio should be playing a key role in placing your stop losses. ? Mental Stops vs Hard Stops: Pick Your Poison Some traders swear by mental stops: “I'll get out when it hits this level.” Others use hard stops: set-and-forget protective orders baked into the system. Both have pros and cons: Mental stops allow flexibility but risk emotional sabotage. Hard stops guarantee protection but can trigger on sudden, hollow wicks. Pro tip? Use hard stops if you’re new or undisciplined. You don’t want to be the guy saying “I’ll close it soon...” while watching your unrealized loss grow a second head. ? Stop-Loss Psychology: It’s You, Not the Market If you find yourself constantly blaming “stop-hunting whales” or “market manipulation” every time you get tagged out... maybe it’s not them. Maybe it's your stop placement. Discipline in trading isn’t just about clicking buttons at the right time. It’s about planning for the tough times—and sticking to your plan even when it feels bad. ❤️ Final Thought: Love Your Stops (Or at Least Respect Them) Stop losses aren't your enemy. They're your overprotective friends. Sometimes they’ll throw you out of a trade you "knew" would come back. But more often, they’ll save you from very dangerous outcomes. Mastering stop losses isn't about never getting stopped out. It’s about getting stopped out properly — with dignity, with minimal damage, and with your account intact. In trading, pain is inevitable. Wipeouts are optional. Your move: How do you manage your stops — and have you ever been wicked out so badly you considered quitting trading? Drop your best (or worst) stop-loss stories below.
FX:EURGBP Previously, we mentioned about the price having potential to react off the daily swap zone after falling from the daily resistance zone. However, price gave us only about 100 pips, before failing and breaking down below the daily swap zone. Since price previously reacted off the high time frame daily resistance zone, the break below of the swap zone signals continuous push towards the downside. Currently, price has reached the demand zone and price has rebounded. This zone may be seen as insignificant because, from the bearish price action, we expect it to eventually break below the demand zone and continue the downtrend towards the daily demand zone.
? $DOGS/USDT Breakout Alert DOGS just broke out of its long-term descending wedge — a bullish signal! - Trendline cracked - Support held - Reversal brewing? One to watch. DYOR!