In my first post I talked about an ichimoku component called the Kumo. Typically the Kumo along with the other components of the system are used to define & trade trends. Price inside the Kumo is considered to be consolidation, above is bullish & below is bearish. In the picture below price is displayed as […]
Hey traders, in this article I am going to explain you and give you some examples about the “Change of Polarity” strategy which is a very useful, strong and also simple Price Action Strategy. I think is a very good start for the newbies. I was studying it in my first steps in trading and […]
Hi mates, I had a good 4/4 ITM today. I took 4 60 second binary option trades in AUDUSD currency pair. My trading time was again 5-10 minutes and my screen time was again about 15-20 minutes. Five minutes to trade and about 10-15 minutes watching the behavior of AUDUSD. Let’s take a look in […]
Hello all, I’m going to be blogging about intraday futures trades & traditional option positions. To start I’ll describe the chart set-up I use for futures & then quickly go over a trade from just after the Chicago open today (7/22). Below is a standard (9,26) Kumo & three nested boxes – A, B&C. The […]
I started watching the USD/CHF at around 2:30AM EST. As part of my pre-trading routine, I single out price levels that I think could represent suitable trading areas. The most conspicuous was the resistance 1 level (green line) at 0.94501. In terms of a market level for potential call options, I had 0.94366 marked off […]
Hi everyone, In this article I am going to show you and expain you a trend indicator, the DMI indicator and I will say you how a I use it. This indicator has a seperate window and look like this. In the indicator settings I have a 20 Period and I have choose to show […]
Price is the ultimate indicator, as it’s the only thing upon which your profits are determined. Yet many traders like to use indicators. While indicators are only manipulations of price data, they can provide you with insight that you may not be seeing in the price movement itself. For those who like indicators, the Ichimoku […]
Hi everyone, I made some 60 seconds trades and I want to share them with you.Let’s take a look in my results. I took 4 trades and I had 3 ITM. In this article I am going to analyze and explain my setups. In these setups I traded only EURUSD for today and I took […]
I started watching the USD/CHF right after 1:30AM EST and price was hovering just below the pivot level of 0.94204 (purple line). Of course, with price under that level that would suggest that the pivot could provide an area for put options, with the expectation that price would come up, bounce off, and continue lower. […]
Good Day Traders, In this article I want to share with you two trades I took some days ago. They were ITM and I took them by the ways which I talked about in my previous articles. Let’s take a look in my trades. Both of them were spread bets with a total 233$ Profit. […]