The best play of yesterday in my opinion was to be long off of the lower green line.
Today I’d like to see a breakout of the upper line (16.99) and get long into new highs, if I see entry criteria.
Silver: 16th February 2018 – Chart of the Day
//Tag: forex
//AUDJPY: 15th February 2018 – Chart of the Day
//In AUDJPY, we have a decent fakeout of a level on the daily timeframe.
I will look to position long on a break of 84.90, if we get my entry criteria on the H1.
Target will be 85.61.
USDCAD: 14th February 2018 – Chart of the Day
//Watching for a breakdown in USDCAD through 1.2555. Once we break down, I will try to position short – if I see my entry criteria.
I believe this is the standout opportunity of the day, as other markets aren’t where I want them right now.
Confluence: How To Journal Trades
//Confluence is one ‘buzz word’ used so often in trading that it’s almost lost meaning. Using confluence properly can improve your bottom line and boost your expectancy. Read On…
EURAUD: 12th February 2018: Chart of the Day
//Want to see a breakdown through 1.5634 in EURAUD. Should I get my entry criteria, I’ll then position short for a run down to around 1.5527-1.5577.
Silver: 8th February 2018 – Chart of the Day
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GBPUSD: 7th February 2018 – Chart of the Day
//Short at the green line if we get there today: 1.4087
Start By ‘Cutting Your Losers’
//‘Cut Your Losers’ is a natural follow-up to my previous ‘trading lore’ article. Here we have another cliché, frequently used in the game of trading and investing.
How to Use Repellant Price Points in Trading
//Following on from the previous post about magnetic price points in trading, it’s time to consider the opposite situation: do you know of a price level where price is likely to not go? We will call this a Repellant Price Point.
UK Stocks Update 31/01/18
//This is the first stocks update for TradingProbability.com, demonstrating what I believe to be the best opportunities at present in the FTSE100 Index.
Read On…