Buy or Sell? Forex trading for beginners
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- Опубліковано 29 лют 2024
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Wait for a break of resistance and a pullback for entry long. Short wait for a break of the neckline of the inverse cup and handle pattern . Patience is key.
Doesnt matter if i buy or sell it will go the opposite way
Me too.
Then hedge.
😂😂😂😂😂😂😂😂😂😂😂
then do the opposite what your brain tells
What was your decision? 🤔🚀
1. Buy 🟢
2. Sell 🔴
3. Pass🚫
I passed today 😊
I passed, this was a little bit out of comfort with my limited knowledge maybe in shorter time frames I would have bought.
Buy
Buy
Buy
Thsnks a lot
For my strategie i would wait for a retest on support ore resitance line , depending where the price beaks out
Fair enough
i am new in Trading i love your content ❤
I dont even do online trading but i can easily guess this properly.
What would be the ideal (if any) time for these candles. 1hr, 4hr, 1d, 1w? Other?
Price was on a downward movement because consolidating which in turn forms a trendline liquidity. I would expect price to take out those liquidity and react to a POI above and continue its move downwards to break the lowest low.. So i go with a buy
There’s also a double bottom forming, so I would wait for a break of resistance, retest then go long
Btw it broke the resistance level and tested it again and this indicates that the price will continue rising.
❤
Buy
Love these ❤ challenges ❤
buy
There is also bullish Engulfing pattern and on support level ❤
I say Buy, because it kinda looks like reversed cup and handle also reversed double bottoms.
There was a order block laying back at first support
you must teach me the way of the crypto jedi
I will buy, because he didn't break out
What is the program used in the video? If you can tell that would be life changing for me
im getting better and better each day letsss gooooooooooooooooo
Pass it’s a consolidation. Wait for a break retest then enter
I choose buy📈
Too tight for me. Wouldve gone with a buy at resistance break.
Same, a much more safe trade
There was a bullish flag that recently ended its resistance, which mean the buyers will now have more power
I wanted to trade like this but i dont know where to
I would pass so i can wait for uptrend confirmation since it is located exactly at the resistance
Bruh I keep getting all them wrong lol
Is a buy because there's a double bottom preceded by BOS. Every time price breaks structure, there is always a high probability that it will retrace. So this was a high probable buy. Look also at the far left at the top. Price broke out, and then retraced. But you have to wait for confirmation
Pass. Kneeing for sell but after confirmation which I didn't get.
Did you give some free advice in your channel telegram?
1
What time frame are you using,
Buy because of rsi oversold
4/6, missed this one.
What lot size did you use?
What app or website it this?
Pass
This one was clear. I saw an engulfing candleat the end two wicks at the support level. With was a clear reversal.😅 Though i'll say am desapointed i missed the. Bullish butherfly😢
what platform for trading
I just know by experience that you can see what the other timeframes did even if only shows the 4h here.
So we know that the last red candle with the wick in other timeframes (5/15 or even 1h) was a grab for liquidity wich indicates possible change on the bearish movement to bullish, while you see that the next and last red candle didnt go even near the wick wich means it was a liquidity grab and finally the green candle you can see that in 5 or 15 min it broke structure, by surpassing the last red candle and also formed a double bottom (even triple that idk for sure) at least in lower timeframes and then when the break comes you just wait for it to pull back in a key point (some order block or fair value gap or rejection etc...) to go long and that you can see because the green candle as that wick on top that was your pullback to go in, if any of this requirements dont met each other you dont enter :) i hope this helps somebody.
On which timeframe????
What dose key levels mean
165$ But On What Lot Size?
Which currency is this
Question, is this 4 hours chart? Or in general whado you use in your challenges like this one?
Same
Another question, is there a realistic game/simulation with stocks that don’t use real money?
Yes it’s called a demo account
Feel like it’s never this cut and dry when ur actually doing it
Time frame to bta do bhai😅
lot size?
Simply pass... Bcz i couldn't understand this chart
Simply dump it after the breakout of a rasistance
Sell - My opinion
Buy - Correct answer
Butterfly butterfly where are you going
A bullish butterfly? Why do people just rename things? It’s an M, that simple
I get it by intuition all the time by accident
I got a question, would it be a good idea to just buy stocks of some company and wait for like a year?
Yes, that's the difference between trading and investing. But the preferable option would depend on various factors
If you want easy no looking at charts investment, put into a index fund like s&p500 and do consistent purchases over time and you’ll be golden. But do that in a 401k retirement fund to reap the most benefit from taxes.
How much did you buy in stocks in this video to get 165 profit? I did some math idk if it’s right but did you put $32,000 in stocks there?
86 bips refers to 0.86%. Convert to decimal is 0.0086. 165$/0.0086 = 19186. So that trade was nearly 20k. Unless he’s trading with leverage than that’s a different story.
$156 or $165?
pass cuz im too dumb
What does PIPS mean?
Percentage in profit. The profit you can make on a trade calculated in percents
Time frame??
4 hours
Are u using default rsi?
Yes
nerf miner
Sell
this guy is just making stuff up. calling a double top a "bullish butterfly"
double top followed by a triple top. market seems sideways. deffo sell. (testing myself before i finish the video).
eta: i'd just have lost 165 bucks 😂
buy and sell at the same time bammm wins. Dudes this sht is gambling with extra steps nothing more come on be smart
What time frame is it?
4 hours
And what time frame shall be used for analysing indices in F&O for intraday
pass, not a great setup
I had it wrong🥲
Pff.. broke 😂
Buy
❤
Time frame??
4 hours
Are u blind, it's clearly mentioned
Buy
Buy
Buy
Buy
Buy
Buy
Buy
Buy
Buy