Wednesday, April 29, 2015

Trading is all about remain conscious

Trade Consciousness

Trading is all about remaining conscious and really to dig in when that opportunity arrive and that is what Supply and Demand is all about, as it always gives you opportunity to think ahead of the market.

Thinking too far ahead really put a lot of burden on you mind and hence shifting timeframes could be issue for you, But remain focus and calm and checking what Price is doing on different time frames really helps us to pick some food to remain alive and when opportunity offers you to bag bigger then we always have the privilege.

Trade Update Eur/cad



As It is cleared in the chart that price activity after rejection of demand and supply, and reaction after broke the area and initial activity was slow and follow up moves were strong and finally today when European session begins price rise with wicks and absorbing all supply and after that there was strong bull candle which test supply and it was the area to take 50 pips profits and sum up the day.

I have certainly spotted up buying to start off the day in Eur/Cad, specially the day when lot is expected from Fed to deliver but as it happened in the past there is not much coming through. But still I would be looking to see if the new demand area is again tested on day and if imbalance is still present in the market I would certainly step in and bag few more.

Friday, April 17, 2015

Canadian Dollar Trade l Consumed demand levels

How to trade supply and demand and compression
 







Hi traders,

How's it going ! Its quite a while since I have update the blog, the reason being the busy schedule, but I always try my best to give you what you want and a simple but logical way to trade.

We have seen so many things in the past few weeks, but as being a supply and demand follower I was eyeing Usd/cad Particularly.

The reason behind this setup was price behavior and its constant behavior to levels after several tests and we witness strong demand off the levels, and strong Engulfs are big reason to admit that price is not willing to fall. But If you see after several tests price was capped in a zone and when we see the last rally, to the capped area it was bit shaky and buyers hesitated to bring the price up.

But as we all know price need strong reason to move and Price is Fractal and when nothing happens and at some stage when supply and demand became equal someone has to drive the price and that strong bearish Candle was the reason behind such intention.


Monday, April 06, 2015

Trade Update Comex Gold that gained 2%


How to trade Comex Gold


 
As a Forex Trader, One should not always look for trading opportunities , because as stock market there are not too many choppy sessions in Currencies. There are days of extreme volitility and there are days of average movement, but we have to be conscious enough to take the opportunity when it arrives.

So, what does that mean when opportunity arrives, with that I mean when market moves volatile, one does not get the opportunity, then one should lined up the charts that breaks from earlier accumulation zone.

For me, its always been neutral days that comes up with the opportunity and recent movement in Gold , is one prime example of such opportunity.

As market was waiting to break and there were not too many strong sellers involved even price was bearish prior to breakout but when market does break that level, there was conscious effort of holding the price above that breakout and that is with a neutral buying day.

Market also built a minor development area and keep rising from that level, So where does the opportunities lies in this market, and why we should keep waiting for market to test that area again in next couple of days.

Market has to test the area to check whether that area hold any supply and if market has no supply to hold the price here, then probably it will keep rising as it happened in this case.
Read more at http://fxconfidence.blogspot.com/2015/04/things-that-works-for-forex-trader.html#KvE1206FzwIAiKdr.99

Thursday, April 02, 2015

The PSID momentum train continues!



How to trade stocks

PSID got off to a very strong start this morning as it surged to a high of .0275 per share for an 18 percent gain from yesterday’s closing price!

This is now PSID’s 3rd consecutive session of increasing activity, trading over 5M shares so far this morning alone, breaking well past its 3 Month Average Volume of just over 2.9M shares, and with more than half the day’s session still left to go!

As you recall in the alert I sent out yesterday I believed that PSID could see another big move in the sessions ahead if this momentum continues to carry, and today’s trading session got off to a massive start, as PSID raced out of the gates for a huge early morning gain.

Since then PSID has found support just about .0245 per share, and looks to be building a new base, potentially setting up for what could be another leg-up the charts in the sessions ahead!

If this momentum continues to build as it has over the last 3 trading sessions, PSID could be challenging old highs in no time!

PSID Issues Breaking News:

Just this morning, PSID announced that it has successfully completed additional testing of its phase II Firefly Dx prototype handheld, real-time PCR pathogen detection system, and detected multiple organisms with a multiplex assay designed to simultaneously test for up to four pathogens on the Firefly Dx PCR chip.

Chairman and CEO of PSID, William J. Caragol states, “The ability to quickly test for multiple organisms from a single sample and identify the cause of symptoms in a patient without having to run several tests, we believe, will not only save time and money in clinical situations, but more importantly will improve treatment and outcomes. We are very proud of our continued progress and validation of our technology and design."

The company continues to make strides in the development of its Firefly Dx product and as it reaches more and more milestones in its progress, PSID could continue to see a significant boost upward.

I am urging members to keep a close eye on PSID over the next week, and I’ll be sure to keep you up to date with any more breaking news as it becomes available!

Happy Trading,

 
 

Wednesday, April 01, 2015

Things that works for a forex trader

Gold trading
Market that works for a Forex Trader Its been quite week so far, understandably because market needs a break from strong volatile days and also there is big release coming this Friday.

But Idea of this article is not that what is coming and lying ahead, idea is to always remain within yourself and Picking up the markets that work for you.

As a Forex Trader, One should not always look for trading opportunities , because as stock market there are not too many choppy sessions in Currencies. There are days of extreme volitality and there are days of average movement, but we have to be conscious enough to take the opportunity when it arrives.

So, what does that mean when opportunity arrives, with that I mean when market moves volatile, one does not get the opportunity, then one should lined up the charts that breaks from earlier accumulation zone.

For me, its always been neutral days that comes up with the opportunity and recent movement in Gold , is one prime example of such opportunity.

As market was waiting to break and there were not too many strong sellers involved even price was bearish prior to breakout but when market does break that level, there was conscious effort of holding the price above that breakout and that is with a neutral buying day.

Market also built a minor development area and keep rising from that level, So where does the opportunities lies in this market, and why we should keep waiting for market to test that area again in next couple of days.

Market has to test the area to check whether that area hold any supply and if market has no supply to hold the price here, then probably it will keep rising as it happened in this case.

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