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When i blew up my first trading account, the first thing i did was to google this; "how to recover after blowing up a trading account...
USDCHF tumbles lower on bearishness with more weakness expected in the new week. Resistance resides at the 0.9800 level. Above here, resistance lies at the 0.9850 level and then the 0.9900 level. Further out, resistance comes in at the 0.9950 level. On the downside, support is seen at the 0...
Not much surprised on the front of pound sterling. GBP benefitted from a short-lived gain as the Bank of England maintains its intention to raise interest rates while holding its bank rate unchanged at 0.75...
Here we go again. A standing philosophy in our understanding of asset prices for the last 12 years has been that central bank’s policy is the dominant factor. The Fed and ECB have signaled a willingness to backstop risk with additional stimulus...
Exp - Close Minus by Plus In the continuation of the topic of leveling positions , I want to offer you a more reliable and pleasant algorithm for overlapping loss-making positions. Of course, everyone has the right to choose their own way of getting rid of negative positions...
SWING The model of the well-known strategy Pendulum is the sequential opening of pending orders with an increased lot. The principle is two pending orders are placed and when one order is activated, the second order is re-pending before the whole basket is closed by take-profit...
VirtualTradePad VirtualTradePad or VTP - control panel for orders/positions/deals in MetaTrader 4 \ 5: buy, sell, buystop, buylimit, sellstop, selllimit, close, delete, modify, trailing stop, reverse, lock, Grid, Virtual Stops, Profit and loss closing. Trade in 1 click from the terminal graph...
Pivot (invalidation): 56.65 Our preference Long positions above 56.65 with targets at 58.00 & 58.80 in extension. Alternative scenario Below 56.65 look for further downside with 55.90 & 55.25 as targets...
Pivot (invalidation): 15.3700 Our preference Long positions above 15.3700 with targets at 15.5500 & 15.6700 in extension. Alternative scenario Below 15.3700 look for further downside with 15.2600 & 15.1900 as targets...
Pivot (invalidation): 1393.00 Our preference Long positions above 1393.00 with targets at 1415.00 & 1426.00 in extension. Alternative scenario Below 1393.00 look for further downside with 1386.00 & 1379.50 as targets...
Pivot (invalidation): 2930.00 Our preference Long positions above 2930.00 with targets at 2973.00 & 2990.00 in extension. Alternative scenario Below 2930.00 look for further downside with 2910.00 & 2897.00 as targets...
Pivot (invalidation): 12440.00 Our preference Short positions below 12440.00 with targets at 12300.00 & 12220.00 in extension. Alternative scenario Above 12440.00 look for further upside with 12540.00 & 12610.00 as targets...
Pivot (invalidation): 5.7850 Our preference Short positions below 5.7850 with targets at 5.7440 & 5.7180 in extension. Alternative scenario Above 5.7850 look for further upside with 5.8200 & 5.8520 as targets...
Pivot (invalidation): 0.6915 Our preference Long positions above 0.6915 with targets at 0.6940 & 0.6955 in extension. Alternative scenario Below 0.6915 look for further downside with 0.6900 & 0.6885 as targets...
Pivot (invalidation): 1.3200 Our preference Short positions below 1.3200 with targets at 1.3145 & 1.3110 in extension. Alternative scenario Above 1.3200 look for further upside with 1.3220 & 1.3245 as targets...
Pivot (invalidation): 0.9845 Our preference Short positions below 0.9845 with targets at 0.9790 & 0.9760 in extension. Alternative scenario Above 0.9845 look for further upside with 0.9870 & 0.9895 as targets...
Pivot (invalidation): 107.40 Our preference Short positions below 107.40 with targets at 107.00 & 106.70 in extension. Alternative scenario Above 107.40 look for further upside with 107.60 & 107.85 as targets...
Pivot (invalidation): 1.2695 Our preference Long positions above 1.2695 with targets at 1.2730 & 1.2760 in extension. Alternative scenario Below 1.2695 look for further downside with 1.2670 & 1.2635 as targets...
Pivot (invalidation): 1.1285 Our preference Long positions above 1.1285 with targets at 1.1320 & 1.1340 in extension. Alternative scenario Below 1.1285 look for further downside with 1.1270 & 1.1250 as targets...
