EUR/USD Long Set upEarly this morning i reciebed a signal on my 4 hr chart that the 10 ema crossed above the 20 ema so for me that means i am looking for a long trade on the 1 hr chart
So on the 1 hr chart i am looking for a pullback into the 38.2 fib after the vertical green line
My entry will be 2 pips above the 38.3 fib level
i will risk 20 pips and target 40 pips
Email me if you would like to know more
fibtrader90@gmail.com
Have a happy Friday everyone!!!
Hedge
Forex basket Trade the NEWS : 10:34 06-Sep-19.LOG
Forex basket Trade the NEWS : 10:34 06-Sep-19
For most new traders, the biggest challenge is getting a profitable strategy that works
for the long term. Usually, trend-following systems are favored because they tend to have
a very good risk-to-reward ratio. Trading the currency market is essentially a numbers
game, basically traders look for strategies or systems that have a positive overall
yield. The profit factor of any strategy is also very essential, because a profitable
strategy should make more money or pips, than it loses. After some extensive research,
I have discovered one of such systems. This strategy is built on one of the oldest
trading adages around; “cut your losses early and let your profits run”
and “the trend is your friend”.
Basket trading involves opening a series of correlated or uncorrelated trades, and after
an adequate amount of time, closing the trades when the overall sum of the trades
is positive i.e. when the net value of all open trades is positive or close to our
targeted profit-value.
It is not 100% guarantee.
The Trading setup
The truth behind the Forex market is that currencies trend. This means that currencies have a tendency to keep gaining or diminishing over a long period of time. There are a lot of concepts about trading cycles and swings, but in reality if we were to zoom out of our charts we would notice a very obvious and unmistakable trend direction. Basket trading involves gauging the potential strength or weakness of a pair, and placing several trades that align with that analysis.
Key Reports/Factors that Move FX Markets
Any world events /news
Financial crises and elections create financial uncertainty and, in turn, impact value
of a country’s currency
Central Bank monetary policy announcements Will affect size/growth rate of a
nation’s money supply and, in turn, interest rates; can include key interest rate
changes, buying/selling government bonds, reserve requirements changes
FOMC (Federal Open Markets Committee)
Meets 8 times a year to set U.S. monetary policy and key interest rate changes;
impacts value of U.S. dollar, world’s reserve currency
U.S. Dollar Index
Measures the value of U.S. dollar relative to a basket of currencies for the
U.S.’s most significant trading partners
Gold vs oil . 17h45 Units numbers per product.It looks to me , that i should go for 1 Gold and 10 oil somehow.
Broadly speaking, you could say that gold and petroleum are inversely correlated.
One of the factors is that gold prices tend to lead moves in market sentiment, while oil price tends to follow economic growth. This is because, for example, investors will sell their gold in anticipation of the markets performing better. But, when the economy grows, demand for oil increases, meaning the price hike comes after the economy is already growing.
www.cmegroup.com
Forex basket Trade the NEWS : 10:01 05-Sep-19.LOG
Forex basket Trade the NEWS : 10:01 05-Sep-19
For most new traders, the biggest challenge is getting a profitable strategy that works
for the long term. Usually, trend-following systems are favored because they tend to have
a very good risk-to-reward ratio. Trading the currency market is essentially a numbers
game, basically traders look for strategies or systems that have a positive overall
yield. The profit factor of any strategy is also very essential, because a profitable
strategy should make more money or pips, than it loses. After some extensive research,
I have discovered one of such systems. This strategy is built on one of the oldest
trading adages around; “cut your losses early and let your profits run”
and “the trend is your friend”.
Basket trading involves opening a series of correlated or uncorrelated trades, and after
an adequate amount of time, closing the trades when the overall sum of the trades
is positive i.e. when the net value of all open trades is positive or close to our
targeted profit-value.
It is not 100% guarantee.
The Trading setup
The truth behind the Forex market is that currencies trend. This means that currencies have a tendency to keep gaining or diminishing over a long period of time. There are a lot of concepts about trading cycles and swings, but in reality if we were to zoom out of our charts we would notice a very obvious and unmistakable trend direction. Basket trading involves gauging the potential strength or weakness of a pair, and placing several trades that align with that analysis.
Key Reports/Factors that Move FX Markets
Any world events /news
Financial crises and elections create financial uncertainty and, in turn, impact value
of a country’s currency
Central Bank monetary policy announcements Will affect size/growth rate of a
nation’s money supply and, in turn, interest rates; can include key interest rate
changes, buying/selling government bonds, reserve requirements changes
FOMC (Federal Open Markets Committee)
Meets 8 times a year to set U.S. monetary policy and key interest rate changes;
impacts value of U.S. dollar, world’s reserve currency
U.S. Dollar Index
Measures the value of U.S. dollar relative to a basket of currencies for the
U.S.’s most significant trading partners
09:57 04-Sep-19
The inverse correlation GOLD vs OIL 08:10 05-Sep-19.LOG
The inverse correlation GOLD vs OIL 08:10 05-Sep-19
Gold can be used for speculation but is preferred as a safe haven. Crude,
on the other hand, can be used as a store of value but is preferred as a
speculative play.
This combination makes these two assets work great together as mutual hedges.
Gold helps offset the risk of higher uncertainty, while oil can take advantage of
market moves.
Broadly speaking, you could say that gold and petroleum are inversely correlated.
There are a couple of major caveats to add to that notion. The first is that more
nuance allows for more sophisticated trading. The second is that there is more to
oil prices than just the market.
born2invest.com
Understanding Intermarket Spreads: Platinum and Gold
www.cmegroup.com
Basics of Futures Spread Trading
March 5, 2011 by Craig Turner
www.danielstrading.com
The inverse correlation GOLD vs OIL 16:13 04-Sep-19.LOG
Gold can be used for speculation but is preferred as a safe haven. Crude,
on the other hand, can be used as a store of value but is preferred as a
speculative play.
This combination makes these two assets work great together as mutual hedges.
Gold helps offset the risk of higher uncertainty, while oil can take advantage of
market moves.
Broadly speaking, you could say that gold and petroleum are inversely correlated.
There are a couple of major caveats to add to that notion. The first is that more
nuance allows for more sophisticated trading. The second is that there is more to
oil prices than just the market.
born2invest.com
Understanding Intermarket Spreads: Platinum and Gold
www.cmegroup.com
Basics of Futures Spread Trading
March 5, 2011 by Craig Turner
www.danielstrading.com
The inverse correlation GOLD vs OIL 14:39 04-Sep-19.LOG
The inverse correlation GOLD vs OIL 14:39 04-Sep-19
Gold can be used for speculation but is preferred as a safe haven. Crude,
on the other hand, can be used as a store of value but is preferred as a
speculative play.
This combination makes these two assets work great together as mutual hedges.
Gold helps offset the risk of higher uncertainty, while oil can take advantage of
market moves.
Broadly speaking, you could say that gold and petroleum are inversely correlated.
There are a couple of major caveats to add to that notion. The first is that more
nuance allows for more sophisticated trading. The second is that there is more to
oil prices than just the market.
born2invest.com
Understanding Intermarket Spreads: Platinum and Gold
www.cmegroup.com
Basics of Futures Spread Trading
March 5, 2011 by Craig Turner
www.danielstrading.com
08:48 03-Sep-19
spread wheat vs corn 11:14 04-Sep-19.LOG
spread wheat vs corn 11:14 04-Sep-19
I spread trade WHEAT versus CORN.
I follow more or less -
Keith Schap – The Complete Guide to Spread Trading
The guy who spreads and makes a little every day is the one who walks away with
the big money.
–A veteran trader, quoted in Futures
Every time i enter a trade in WHEAT i enter a trade in CORN with the same amount of units.
Trade accordingly your account size.
The trades can last hours, days or weeks.
Patience and discipline and money management. I will not lose more than 5% of the equity.
I can trade every hour or other.
Intercommodity Spread
The Intercommodity Spread is a spread between two different commodities, but
in the same delivery month. Often this spread will set-up according to seasonality
or occasionally a harvest supply/demand picture.
The Corn-Wheat Spread
The Intercommodity Spread is our focus for today! Specifically, we will analyze
the merits of the Corn-Wheat Spread going into the 1st and 2nd quarter of 2011.
This is a trade that I have monitored since the 80’s. I believe that it was first
notable in the mid 60’s. The beauty of taking a classic trade and reviewing the trends
and history of the trade saves time in research and previous observations may even save
money on potential variances to watch for. In this particular spread, we note that July
may be a strong month for corn as the weather conditions, plantings acreage, export
numbers may still be unknown. The crop is still vulnerable until toward harvest which
is in the fall. On the other hand, the harvest for the soft red winter wheat may be in
July, allowing the market to regard the saturation of a harvested crop. One may look at
the months; March, July and September contracts for this particular spread trade and
select another, but this is the anatomy of the spread, not to be confused with a trade
recommendation. As a matter of fact, this spread may be reversed at another time of
the year. June may be a time frame to review the Wheat-Corn Spread. These grains are
both feed product and may also be affected by livestock production trends, global
supply-demand figures, weather conditions and basis for the farmer. The wheat is
typically a heavier protein cereal, while corn does not vary to the extreme. In modern
times patents on the seeds of varied grains has become big business. The USDA regulates
the delivery, grades and contract size regular for delivery. The seeds and
fertilizers must also endure disease and pests. There are Government Subsidy programs
as well in some cases to control the crops being planted. In recent times, Africa has
been know to lease land for crops to fulfill some of their required grain inventories
in countries such as China.
Technically, it is good to pull up a spread chart to monitor the merit of the potential
move. One may select their Indicators to best confirm an entry.
There is no audio in my videos.
This is a demo ac. I have a real ac with oanda.
Forex basket : 10:15 04-Sep-19.LOG
Forex basket : 10:15 04-Sep-19
For most new traders, the biggest challenge is getting a profitable strategy that works
for the long term. Usually, trend-following systems are favored because they tend to have
a very good risk-to-reward ratio. Trading the currency market is essentially a numbers
game, basically traders look for strategies or systems that have a positive overall
yield. The profit factor of any strategy is also very essential, because a profitable
strategy should make more money or pips, than it loses. After some extensive research,
I have discovered one of such systems. This strategy is built on one of the oldest
trading adages around; “cut your losses early and let your profits run”
and “the trend is your friend”.
Basket trading involves opening a series of correlated or uncorrelated trades, and after
an adequate amount of time, closing the trades when the overall sum of the trades
is positive i.e. when the net value of all open trades is positive or close to our
targeted profit-value.
It is not 100% guarantee.
The Trading setup
The truth behind the Forex market is that currencies trend. This means that currencies have a tendency to keep gaining or diminishing over a long period of time. There are a lot of concepts about trading cycles and swings, but in reality if we were to zoom out of our charts we would notice a very obvious and unmistakable trend direction. Basket trading involves gauging the potential strength or weakness of a pair, and placing several trades that align with that analysis.
Key Reports/Factors that Move FX Markets
Any world events /news
Financial crises and elections create financial uncertainty and, in turn, impact value
of a country’s currency
Central Bank monetary policy announcements Will affect size/growth rate of a
nation’s money supply and, in turn, interest rates; can include key interest rate
changes, buying/selling government bonds, reserve requirements changes
FOMC (Federal Open Markets Committee)
Meets 8 times a year to set U.S. monetary policy and key interest rate changes;
impacts value of U.S. dollar, world’s reserve currency
U.S. Dollar Index
Measures the value of U.S. dollar relative to a basket of currencies for the
U.S.’s most significant trading partners
09:57 04-Sep-19
Forex basket : 09:57 04-Sep-19.LOG
Forex basket : 09:57 04-Sep-19
For most new traders, the biggest challenge is getting a profitable strategy that works
for the long term. Usually, trend-following systems are favored because they tend to have
a very good risk-to-reward ratio. Trading the currency market is essentially a numbers
game, basically traders look for strategies or systems that have a positive overall
yield. The profit factor of any strategy is also very essential, because a profitable
strategy should make more money or pips, than it loses. After some extensive research,
I have discovered one of such systems. This strategy is built on one of the oldest
trading adages around; “cut your losses early and let your profits run”
and “the trend is your friend”.
Basket trading involves opening a series of correlated or uncorrelated trades, and after
an adequate amount of time, closing the trades when the overall sum of the trades
is positive i.e. when the net value of all open trades is positive or close to our
targeted profit-value.
It is not 100% guarantee.
The Trading setup
The truth behind the Forex market is that currencies trend. This means that currencies have a tendency to keep gaining or diminishing over a long period of time. There are a lot of concepts about trading cycles and swings, but in reality if we were to zoom out of our charts we would notice a very obvious and unmistakable trend direction. Basket trading involves gauging the potential strength or weakness of a pair, and placing several trades that align with that analysis.
Key Reports/Factors that Move FX Markets
Any world events /news
Financial crises and elections create financial uncertainty and, in turn, impact value
of a country’s currency
Central Bank monetary policy announcements Will affect size/growth rate of a
nation’s money supply and, in turn, interest rates; can include key interest rate
changes, buying/selling government bonds, reserve requirements changes
FOMC (Federal Open Markets Committee)
Meets 8 times a year to set U.S. monetary policy and key interest rate changes;
impacts value of U.S. dollar, world’s reserve currency
U.S. Dollar Index
Measures the value of U.S. dollar relative to a basket of currencies for the
U.S.’s most significant trading partners
09:57 04-Sep-19
Forex basket : 09:36 04-Sep-19 CAD Interest Rate Decision 10.30.LOG
Forex basket : 09:36 04-Sep-19
For most new traders, the biggest challenge is getting a profitable strategy that works
for the long term. Usually, trend-following systems are favored because they tend to have
a very good risk-to-reward ratio. Trading the currency market is essentially a numbers
game, basically traders look for strategies or systems that have a positive overall
yield. The profit factor of any strategy is also very essential, because a profitable
strategy should make more money or pips, than it loses. After some extensive research,
I have discovered one of such systems. This strategy is built on one of the oldest
trading adages around; “cut your losses early and let your profits run”
and “the trend is your friend”.
Basket trading involves opening a series of correlated or uncorrelated trades, and after
an adequate amount of time, closing the trades when the overall sum of the trades
is positive i.e. when the net value of all open trades is positive or close to our
targeted profit-value.
It is not 100% guarantee.
The Trading setup
The truth behind the Forex market is that currencies trend. This means that currencies have a tendency to keep gaining or diminishing over a long period of time. There are a lot of concepts about trading cycles and swings, but in reality if we were to zoom out of our charts we would notice a very obvious and unmistakable trend direction. Basket trading involves gauging the potential strength or weakness of a pair, and placing several trades that align with that analysis.
Key Reports/Factors that Move FX Markets
Any world events /news
Financial crises and elections create financial uncertainty and, in turn, impact value
of a country’s currency
Central Bank monetary policy announcements Will affect size/growth rate of a
nation’s money supply and, in turn, interest rates; can include key interest rate
changes, buying/selling government bonds, reserve requirements changes
FOMC (Federal Open Markets Committee)
Meets 8 times a year to set U.S. monetary policy and key interest rate changes;
impacts value of U.S. dollar, world’s reserve currency
U.S. Dollar Index
Measures the value of U.S. dollar relative to a basket of currencies for the
U.S.’s most significant trading partners
Forex basket : 08:36 04-Sep-19.LOG
For most new traders, the biggest challenge is getting a profitable strategy that works
for the long term. Usually, trend-following systems are favored because they tend to have
a very good risk-to-reward ratio. Trading the currency market is essentially a numbers
game, basically traders look for strategies or systems that have a positive overall
yield. The profit factor of any strategy is also very essential, because a profitable
strategy should make more money or pips, than it loses. After some extensive research,
I have discovered one of such systems. This strategy is built on one of the oldest
trading adages around; “cut your losses early and let your profits run”
and “the trend is your friend”.
Basket trading involves opening a series of correlated or uncorrelated trades, and after
an adequate amount of time, closing the trades when the overall sum of the trades
is positive i.e. when the net value of all open trades is positive or close to our
targeted profit-value.
It is not 100% guarantee.
The Trading setup
The truth behind the Forex market is that currencies trend. This means that currencies have a tendency to keep gaining or diminishing over a long period of time. There are a lot of concepts about trading cycles and swings, but in reality if we were to zoom out of our charts we would notice a very obvious and unmistakable trend direction. Basket trading involves gauging the potential strength or weakness of a pair, and placing several trades that align with that analysis.
Key Reports/Factors that Move FX Markets
Any world events /news
Financial crises and elections create financial uncertainty and, in turn, impact value
of a country’s currency
Central Bank monetary policy announcements Will affect size/growth rate of a
nation’s money supply and, in turn, interest rates; can include key interest rate
changes, buying/selling government bonds, reserve requirements changes
FOMC (Federal Open Markets Committee)
Meets 8 times a year to set U.S. monetary policy and key interest rate changes;
impacts value of U.S. dollar, world’s reserve currency
U.S. Dollar Index
Measures the value of U.S. dollar relative to a basket of currencies for the
U.S.’s most significant trading partners
Forex basket : 08:20 04-Sep-19.LOG
For most new traders, the biggest challenge is getting a profitable strategy that works
for the long term. Usually, trend-following systems are favored because they tend to have
a very good risk-to-reward ratio. Trading the currency market is essentially a numbers
game, basically traders look for strategies or systems that have a positive overall
yield. The profit factor of any strategy is also very essential, because a profitable
strategy should make more money or pips, than it loses. After some extensive research,
I have discovered one of such systems. This strategy is built on one of the oldest
trading adages around; “cut your losses early and let your profits run”
and “the trend is your friend”.
Basket trading involves opening a series of correlated or uncorrelated trades, and after
an adequate amount of time, closing the trades when the overall sum of the trades
is positive i.e. when the net value of all open trades is positive or close to our
targeted profit-value.
It is not 100% guarantee.
The Trading setup
The truth behind the Forex market is that currencies trend. This means that currencies have a tendency to keep gaining or diminishing over a long period of time. There are a lot of concepts about trading cycles and swings, but in reality if we were to zoom out of our charts we would notice a very obvious and unmistakable trend direction. Basket trading involves gauging the potential strength or weakness of a pair, and placing several trades that align with that analysis.
Key Reports/Factors that Move FX Markets
Any world events /news
Financial crises and elections create financial uncertainty and, in turn, impact value
of a country’s currency
Central Bank monetary policy announcements Will affect size/growth rate of a
nation’s money supply and, in turn, interest rates; can include key interest rate
changes, buying/selling government bonds, reserve requirements changes
FOMC (Federal Open Markets Committee)
Meets 8 times a year to set U.S. monetary policy and key interest rate changes;
impacts value of U.S. dollar, world’s reserve currency
U.S. Dollar Index
Measures the value of U.S. dollar relative to a basket of currencies for the
U.S.’s most significant trading partners
09:46 03-Sep-19
Silver. Will it Break or Reverse?!Silver has been on the move recently!! Its no secret that silvers price moves relative to gold, but the question I have is... Where would you go next? We are approaching resistance around the 21/22 range and I could see this going one of two ways. Price could either break higher or we could see a reversal which imo would lead to a possible triple bottom. Keep in mind that uncertainty in the market leads to a surge in speculative buying. That mixed with the relatively low price of silver, I wouldn't be surprised at a possible move to the 28 range
BTC : Swing short with a scalp long acting as a hedge.HTF structure looks bearish and price has been flirting around monthly open for some time now. The swing short is based on the idea that the level will no longer hold as support.
The hedge long is based on the idea that the level will actually provide a bounce once more and price will tag the current high of the day.
BITCOIN: DO OR DIE. Hello dear traders,
Let's keep it simple.
Weekly:
a/ Market structure: still intact bullish structure, but indecisive at the moment => No trend.
b/ RSI: indecisive => No trend.
c/ MACD: Under Bearish Crossover in positive territory. => Consolidation.
Daily:
a/ Market structure: still intact bullish structure, but indecisive at the moment. Breakout of resistance right before monday close. Needs to followthrough asap. => No trend.
b/ RSI: Indecisive. => No trend.
c/ MACD : Under bearish crossover. Possible bullish crossover soon. Support needs to hold on price to trigger a bullish crossover. => No trend.
4 hour:
a/ Market structure: Bullish, tagged resistance and got rejected. Currently retracing. Really needs to hold and keep closing above 10450 dollars max to keep going up and trigger a daily play. Monitor a S/R flip. Breakout under the zone triggers a bearish scenario.
b/ RSI: Indecisive. => No trend.
c/ MACD : Under bullish crossover. Possible bearish crossover soon. => No trend but monitoring a possible downside trigger.
Summary & trading plan:
- 10450 dollars XBTUSD must hold based on closing price to let us swing a bit with a possible target >11k usd.
- Currently doesnot look great and a retracement look more likely. Low 10k definitely possible.
Still hedged, monitoring carefully. Favoring some downside for this week to be honest.
For live updates on btc & alts, and for free trades , follow me on twitter.
Cheers.