Everything Finance ππ
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A podcast series that will bring you the latest and most valuable information related to all things finance. Your Host: Kenneth Buchi To Follow Us on all socials and Listen to every single episode, Click Here: beacons.ai/everythingfinance
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EURUSD, H2
BIAS: Possible retest of structure and bullish continuation towards that Psychological Level
One thing we should all learn from this Educational Content is this
I had two entries.
The first one hit SL (-20 pips)
The second was in profits of about 40 pips before I broke even (due to the volatility of the market at that point in time)
But nevertheless, I was still bearish because like I said earlier, "We would know that the trend has changed from bearish to bullish if and only if the previous LH is broken"
I was still bearish and I found another opportunity as market still returned to obey that key structure. Well, the rest of the story is what you see here.
What we can also deduce from this is that risk management is key and it should always be your best pal while trading.
Made a small loss of 20 pips
Broke even
Then finally made 155 pipsπ
One thing we should all learn from this Educational Content is this
I had two entries.
The first one hit SL (-20 pips)
The second was in profits of about 40 pips before I broke even (due to the volatility of the market at that point in time)
But nevertheless, I was still bearish because like I said earlier, "We would know that the trend has changed from bearish to bullish if and only if the previous LH is broken"
I was still bearish and I found another opportunity as market still returned to obey that key structure. Well, the rest of the story is what you see here.
What we can also deduce from this is that risk management is key and it should always be your best pal while trading.
I made a small loss of 20 pips
Broke even
Then finally made 155 pipsπ
Final profits taken at 155 pipsπ
You just got to love JPY pairs π
The Monthly Webinar Series has come to an end
Anticipate the next one in September
A poll would be shared here for everyone to vote on the topic they'll love to see me talk about
I'll keep y'all postedπ
There won't be any Analysis Saturday today due to the Monthly Webinar Series.
But regardless of that, I'll still drop setups this weekend but it won't be as pumped as Analysis Saturday setups
I'll be looking forward to seeing most of y'all tonight and tomorrowπ
Took Profit at 400 pipsπ
The S&P500 INDEX is an all time bullish market therefore bullish opportunities should be sought out for more often
Update on this
The trend has finally changed from a downtrend to an uptrend on the daily timeframe as price just broke the previous LH.
If you placed a buy limit at that level that was given, you should be in 95 pips profits by now
Remember we're anticipating a 900 pip moveππ
Broke out towards the downside.
Retested a key level.
Let's watch it run. TP1, TP2 or TP3?
Ascending Triangle formed on USDCAD.
Let's see where price breaks out to
New subscribers, you're highly welcome
To be sure that you're in the right place, kindly read the all pinned messages.
The first one is an introduction to what we would be doing here for a long long time
The second is a poll which you should vote on if you're familiar with the financial markets so as to control the type of information that flows in here.
The third is an opportunity for aspiring stock traders to be able to learn a bit about the stocks market and be able to purchase their first stock. Join the whatsapp group if you're interested.
The fourth is a contest that was put in place to appreciate all my subscribers. You can give it a try if you're up for it
Thank you for subscribingπ€
The goal is 1k subscribersπ
Remember that this isn't financial advice.
All these trades I take are at my own risk but if you wish to learn how to invest in stocks and trade them too, you can join the whatsapp groupππΎ
https://chat.whatsapp.com/HqU76bXPI4e4P3YB6sCeBn
On the 15th of August, I'll be hosting a free webinar on an Introduction to Stocks and how you can invest in your first stock.
Dont miss it for anything if you are hungry for knowledge and wealth creation ideas.
QCOM, H4
QUALCOM INCORPORATED recently made a big move by rolling out an offer to acquire Veoneer for $4.6B in cash.
It turns out Qualcomm has an automotive electronics business that has now reached a $1B run rate annually. Its design win pipeline is over $10B. And the company has been on the prowl to add to its capabilities as it looks to put daylight between itself and the competition in the global ADAS market.
Anyway, I'm looking to invest in the stock later this week and the price of $144 per stock looks like a good price for me to purchase it as it broke out from the consolidation channel and its likely to retest the resistance level and keep up with the bullish move.
NFLX, H1.
Double bottom formed. Anticipating a retest of the neckline and more bullish moves up to 540.
