


MattArmstrong
Here is a little holiday trade sizing up, I will be dropping timeframes to see if this falling knife finds support? Patience young Grasshopper's -Happy Holiday's!
When price sets up like this, statistically you just have to trade it. RSI - Overbought Price at support MACD - Diverging ob the 1 hour timeline "Piercing Pattern" at the support line. .5% Risk 2:1RR -Happy Trading!
It's the holidays, a light 1:1 trade here. -Happy Trading!
This is the exact shit that is so scary around the holidays. What drives a volatility swing of 3-5 times the daily range...? My execution broker is not showing this same volatility... Gold moving strongly up, and now the S&P500 making historic highs... I'm a keen watcher at this point. -Safe Trading.
It's the holidays and really anything can happen, but GOLD is breaking upward and the index is showing weakness. Managing Risk here. -Happy Trading!
I wanted to take this time and remind folks of the serious price swings that happened the beginning of the year. I got caught up in this but luckily I was shifting accounts that was not fully funded. Lucky. I want it to really hit home, imagine not having stops in place?...for some of you cowboys this would have wiped you out. Reminder....trade lightly over the...
I am not in this position, I traded Ethereum and Bitcoin last week. My broker closes the exchange over the weekend and it's simply not comfortable or ideal to watch my Tradingview feed moving and not being about to interact with my other execution broker. Anyways...... I see more upside? as mentioned...not in this trade and probably wont enter when it goes live....
Friday sell off? It will be interesting to see what happens given the recent Trump news. Small scalp trade for me.
This one popped out at me, price is creating a flag/pennant after a strong move down that has broken through strong levels, notably the 200 EMA on the daily. I have taken the trade as its offered with my CFD broker. 1% Risk, 2:1 RR. Very much a swing trade. -Happy Trading!
Second attempt to catch this one, I will be looking to take profits and/or go to break even at the daily 200EMA. I have had questions; why I'm trading the Swedish Krona?, My broker provides it and the spread is reasonable. The Krona also makes up part of the USD Index... 1% Risk, 1.75:1RR -Happy Trading!
What I am looking at. 1% Risk, 2:1RR -Happy Trading!
This index astounds me and I enjoy trading it, shes is a tumultuous gal. Things just so overbought looking at a 1:1 here. We will see. -Happy Trading!
So today we completed the flag pattern that had formed, we are now in an area of resistance. 1. Doji formed on the 4 hour chart in an uptrend is significant. 2. MACD divergence 3. RSI Overbought 4. Rinse and Repeat... 5. US news early am tomorrow (Friday) I'll find an entry. I may even do a clean 1:1 and get out before news and wrap up my week. -Happy Trading!
I see USD weakness relaxing (in general I'm a bear on the USD), but this could be a nice hedge to the upside, there is alot in the way on the USD index, trading the index through EURUSD as the index is comprised of the EURUSD as a majority.