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Risk Disclaimer for Trading. Trading can carry a high level of risk without proper guidance, and may not be suitable for all investors. Past performance is not indicative of future results. Nothing on this site should be construed as a trading recommendation. All examples are for illustrative purposes.

Author: Admin

USD/JPY – 4 Hour Chart result

Posted on 04/28/2021 by Admin in Uncategorized

The remaining position was exited via the stop loss order for about +40 pips

Here is an important point. I was monitoring the market while the price was around that 23.6 Fibonacci level. I consciously made the decision to remain in the trade. If I exited earlier it would have meant an extra 30 pips or so. That’s trading!

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USD/JPY – 4 Hour Chart

Posted on 04/27/2021 by Admin in Uncategorized

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Bitcoin – Observation

Posted on 04/26/2021 by Admin in Uncategorized

Keeping it more simple than all the recent hype

On this weekly chart we see that price almost touched a 20 period simple weekly moving average.

$45,000 looks like a pretty interesting level to monitor. Maybe price will form a 10,000 to 15,000 dollar sideways range for a while?

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