EURJPY was just a London reversal Nothing scientific about that Jpy was strong all day 1. Profit-Taking: Traders who were part of the initial move may take profits, causing a reversal. 2. Liquidity: Early Asian sessions often have lower liquidity compared to later sessions (such as the London and New York sessions). Where liquidity increases, larger players enter the market and reverse the move. Done deal
Asallam mwaleikum. Raja this is karim from Uganda I want to say hi to everyone on this stream and you are the best just passed my 15k challenge with funded next thanks
Its called a "Return to Previous Level" pattern because I said it is, It's after a News Release. Waiting for the 2nd Candle to Break its own low make sense as it shows Traders Buy Limits just below Support who are hoping to go long have failed and had their Stop Losses taken out just below their Buy Limits (Very Dangerous Zone until it is cleared). Yes there are very few orders to the left too restrict further downward continuation. MT4 have a good but flakey indicator Called KT-Volume-Profile. Good Job Raj : )
raja this wil be my first ever dislike on a video on your channel i find your emotions during binary trading very fake and kinda like a sellout you posting a affiliate link wonder how much this company is paying you im starting to loose RESPECT for you RAJA you showed us how to trade legit no indicators no bullsh*t you the ons that always sed binary options is a scam so you promoting the scam now go back to the area l raja this fake raja aint it brorher i thank you for giving me a secind income all tge live streams i leanerd alot but realy dont be a sellout brother it aint worth it binary options is a scam why did you change youelr opinion now
Detailed simulation of gold trading strategy, focusing on identifying support/resistance, managing risk, and capitalizing on volume-driven price action. Highlights the importance of patience, discipline, and adaptability in trading. Key moments: 08:12 The speaker prepares for a webinar, ensuring good audio and video quality, planning to trade gold using a simulator, focusing on simple price action, risk management, and trade opportunities for a week. -Preparing for the webinar by checking audio and video quality, thanking participants, and announcing plans for the session. -Engaging in simulated gold trading, emphasizing simple price action, risk management, and trade opportunities for a week. 15:45 Identifying key trading times based on market volume is crucial for profitable trades. Understanding when volume spikes occur during market sessions can help in making informed trading decisions. -Importance of market volume for profitable trades and trade dates selection. -Utilizing multiple time frames (15-minute, 30-minute, 1-hour, and 4-hour) for trading analysis and trend confirmation. -Analyzing market volume during different trading sessions like Asian open, London open, and New York open. 23:47 It's important to wait for confirmations on the 30-minute time frame before making trading decisions. Managing risk and setting stop losses at break even are crucial strategies for successful trading. -The significance of support and resistance levels on different time frames for making informed trading decisions. -The importance of setting stop losses at break even to protect profits and manage risk effectively. -Emphasizing the focus on the 30-minute time frame for strong confirmations and trading decisions, disregarding emotions in trading. 31:50 Price action trading requires recognizing patterns in the market and executing trades based on them, focusing on technical analysis rather than emotions. Waiting for recognizable price action patterns is key to successful trading. -Importance of focusing on technical analysis over emotions in trading for successful outcomes. -The significance of waiting for recognizable price action patterns before executing trades. -Analyzing candlestick patterns and market movements to make informed trading decisions. 39:53 Waiting for candle confirmations is crucial before entering a trade. It's important to wait for price to break key levels for a high probability trade setup. -Importance of waiting for candle confirmations before taking a trade to ensure a higher probability of success. -Emphasizing the significance of waiting for price to break key levels for a potentially profitable trade setup. 48:00 Price action webinar discusses trading decisions based on consolidation, breakout zones, risk management, and anticipating market movements during different trading sessions. -Discussion on waiting for New York session and analyzing price movement above support levels. -Importance of volume and news for price breakouts and risk management strategies during trading. -Analyzing candlestick patterns, anticipating market direction, and making trading decisions based on different time frames. 56:04 Analyzing price action on different time frames to identify key support and resistance levels, anticipating potential fakeout trades, and managing risk through proper stop loss placement and reward ratios. -Identifying key support and resistance levels on different time frames to gauge market sentiment and potential price movements. -Anticipating potential fakeout trades by observing price action within established ranges and considering breakout possibilities. -Managing risk by calculating proper stop loss placement based on price volatility and implementing reward ratios for profitable trades. 1:04:06 Trading analysis based on candlestick patterns and price action reveals a strategy of managing risk and making profit by observing candle sizes and market trends. The trader emphasizes impatience with risky setups and highlights the importance of being profitable without relying on indicators or trend lines. -Importance of managing risk and observing candlestick patterns for decision-making in trading. Strategy of closing partials and adjusting stop losses based on market movements. -The trader's approach of not using indicators or trend lines, relying on profitable scalping techniques, and utilizing a fast-executing broker for effective trading. Emphasis on risk management and profitable trading without external tools. -Analyzing market consolidation and potential breakouts through daily, four-hour, and one-hour time frames. Recognizing market trends and preparing for significant market moves based on consolidation patterns. 1:12:11 Taking calculated risks after making gains during the week is a key strategy in trading. Waiting for recognizable patterns before entering a trade is crucial for success and managing risk effectively. -Emphasizing the importance of waiting for price patterns and recognizing them before executing a trade to minimize risks and maximize gains. -Discussing the strategy of increasing risk levels only after making gains throughout the week to maintain a balanced approach to trading. 1:20:15 Utilizing a simulator for trading can enhance skills significantly. The video promotes a trading simulator priced at $120, offering discounts up to 50% for attendees, emphasizing the value of practice and risk management. -The importance of using a trading simulator to improve trading skills and strategies for success. -Promotion of a trading simulator priced at $120 with discounts up to 50% for attendees, highlighting the significance of practice and risk management. 1:28:20 To access a special offer, viewers must use a specific link with a coupon code provided in the video description. The offer includes two licenses at a discounted price, valid until Sunday for viewers present during the video. -Instructions on how to access the offer by adding items to cart, applying a coupon code, and proceeding to checkout are detailed in the video. -The special offer of two licenses at a discounted price is exclusively available until Sunday and is a token of appreciation for viewers who attended the live stream.
So cpi came out looking bearish on gold overall but price went up is it munipulation this happens often news is the gamble best to sit on the sidelines
