From tradeclearly.com
My winning trades - 7 Jan 2025
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The winning trades I share with you today are full of learning opportunities on the profit-taking side. Continued learning is fundamental for my trading profitability to continue improving.The first winning trade was on Gold.A pennant pattern had been drawn, and immediately after a bullish...
#trading #daytrading #tradingstrategies
15h ago
From tradeclearly.com
1 1
Many lessons to be learned from my trades today. This was the first day of 2025 where I had the time to sit down and trade. I was over excited about this window of opportunity but it resulted in a number of mistakes. The main error overall was over-trading.Losing trade 1 Price was facing...
15h ago
From tradeclearly.com
My losing trades - 20 Nov 2024
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The bullish elephant bar off the 200 period moving average is one of my most profitable trading strategies. However, the below is an example of where it wasn't a profitable trade.This trade was actually opened on the 16 Nov but after 3 days it failed.Not the perfect set up but the entry itself...
on Nov 21
From tradeclearly.com
My losing trades - 18 Nov 2024
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I took a couple of crypto positions today but one of them stopped me out. This was a trade on Avalanche on the 1 hour chart.If you see to the left of the chart the price action shows that the price had risen up and then effectively started to consolidate before pulling back and halted by the...
on Nov 21
From tradeclearly.com
My losing trades - 16 Nov 2024
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My losing trades on this day consisted of a failed trade on both Ethereum and Worldcoin. I have managed good momentum of winning trades recently but the losers come as part of the process and I document these trades on the basis that these are just as important as winning trades, if not more!Let...
on Nov 20
From tradeclearly.com
Block Inc - Inverse head and shoulders breakout?
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Is Block Inc. accumulation phase now finally over after 2.5 years of bargain basement prices? I show below (not financial advice) the chart of Block and why I think there is an attractive probability that Block is now going to go through an up phase.I have shown the chart dating back to...
on Nov 20
From tradeclearly.com
Trading book review - Trading in the Zone
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Mark Douglas’ Trading in the Zone needs no introduction, one of the most famous trading books out there that concentrates on the psychology of trading. If there was one trading book review that I had to write a review of it was always going to be this one. The book goes beyond the surface of...
on Nov 19
From tradeclearly.com
My winning trades - 15 Nov 2024
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My winning trades always have a better taste to them when the entry and the exit of that trade is in line with my set rules. It all sounds so easy to follow rules in trading but those who have ventured into trading from beginners through to professionals understand that it is not the...
on Nov 19
From tradeclearly.com
My winning trades - 13 Nov 2024
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I know trading shouldn't be fun but trading Bitcoin is an enjoyable asset to trade, due to its volatility and explosive price action, particularly if you are on the right side of the trade!My winning trade on Bitcoin was first entered on 6 November with the full position being closed on 13...
on Nov 16
From tradeclearly.com
My winning trades - 11 Nov 2024
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Why does this trade I took, which yielded a nice profit make me disappointed? I shouldn't have taken this trade is the reason. I wasn't mentally prepared for trading and the result of that was entering a trade that I shouldn't have. My winning trade was a trade that shouldn't have even been...
on Nov 12
From tradeclearly.com
My losing trades - 24 Oct 2024
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Losing trades are just part of the process of trading. Acceptance of them is an important part of your trading journey. My losing trade on Bitcoin was a trade where I had done everything correct, but the trade didn't play out as I would have liked.This was a breakout trade and a bull off the 200...
on Oct 25
From tradeclearly.com
My losing trades - 23 Oct 2024
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Documenting my losing trades is not anywhere near as appealing as writing about my winning trades. However, it is a necessity to document these and actually put a lot of effort in understanding such trades to identify if there were any improvements that should be made.The following trade was...
on Oct 24
From tradeclearly.com
My winning trades - 15 Oct 2024
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Crypto trading is high risk but when you get it right the gains can be explosive. My winning trade in SUI is shown below. I will analyse this trade and identify what I did right.The chart above shows not only the making of a huge gain but what I want to focus on is the fact that it is a high...
on Oct 20
From tradeclearly.com
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I had 3 losing trades today, stopping the run of winners that I have posted about recently. My losing trades are all outlined below. Out of the three trades that I took, two were where I followed my rules and the last trade was a revenge trade.Trade 1 - FTSEFor this trade I entered a long...
on Oct 3
From tradeclearly.com
My winning trades - 26 Sep 2024
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A trade on copper was the source of my winning trades on 26 Sep. The winning strategy was a bullish elephant bar off the 200 period moving average. See the trade set up below.This trade was what I considered to be a high probability trade on my bull off 200MA trading strategy and these are the...
on Oct 3
From tradeclearly.com
My winning trades - 25 Sep 2025
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Performing well in trading requires an enormous amount of determination. Even when you win you can make mistakes. The winning trade I had on Meta poses quite a lot of questions around profit taking. Check out the trade.The issue about this trade is whether I did the right thing when it came to...
on Sep 29
From tradeclearly.com
My winning trades - 19 Sep 2024
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I don't normally trade Microstrategy, due to it's volatility but I did trade a relatively good three bar play strategy which resulted in a winning trade. However, profits were not maximised!In the black box highlighted I have shown the first three candles on open. Note that the initial opening...
on Sep 25
From tradeclearly.com
My winning trades - 18 Sep 2024
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Using my narrow range strategy on a trade with Apple resulted in a winning trade. See below for a screenshot of my entry along with profitable exit.The green highlighted box was made pre market open. This was showing that price action towards the end of the prior day was chopping around in a...
on Sep 24
From tradeclearly.com
My winning trades - 8 Sep 2024
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It has been some time since I traded Crypto. Pleasing to share with you my winning trades from the weekend trading. Below is my trade on Bitcoin. It is a winning trade but there are lessons to be learned.The entry was actually on the 7 Sep and the trade was closed on the 8 Sep. There had been a...
on Sep 11
From tradeclearly.com
My winning trades - 6 Sep 2024
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After not being in the zone in the previous day my main objective for the day was to only take trades if they met my criteria and also to only commence trading if I was in the zone. I prepared myself properly by being relaxed, at my trading station 45 minutes prior to market open. I used this...
on Sep 8
From tradeclearly.com
My winning trades - 5 Sep 2024
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It's always satisfying when you get winning trades. My winning trades from today are detailed below. It is not all amazing news though!I let this trade ride overnight because this trade was actually opened on the 3 September and was closed today. I made mistakes on the profit taking on this...
on Sep 7
From tradeclearly.com
Trading book review - The New Market Wizards
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I have been consuming quite a few trading books recently so have taken the opportunity to write my own trading book reviews.The New Market Wizards by Jack D. Schwager is a compelling and insightful window into successful traders. For those wondering, it is called the New Market Wizards because...
on Sep 2
From tradeclearly.com
My losing trades - 30 Aug 2024
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Not following rules is a real burden on a trader when it comes to avoiding not losing capital needlessly. My losing trades today consisted of 2 trades on Gold and a trade on Natural Gas. Let us go through each in the order they were taken.A breakout entry what was on my mind when I took this...
on Aug 31
From tradeclearly.com
My winning trades - 26 Aug 2024
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From my previous blog post on 25 Aug 2024 I set out my winning trades for the day. As part of those winning trades I closed the day having only taken 33% of my profits off the table.See the previous entry and first partial profits taken point below:For details about the Fab 4 entry please refer...
on Aug 29
From tradeclearly.com
My losing trades - 27 Aug 2024
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I entered 2 trades on the 24 August. My losing trades were on Bitcoin and Dogecoin. If you don't want to read through the details of these trades the simple lesson learned was that I need to amend my rules not to trade 2 separate assets in the same direction on the same day!Let us look at my...
on Aug 29
From tradeclearly.com
My winning trades - 23 Aug 2024
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Getting 'in the zone' before you start trading really does help you prepare for the market open. My winning trades today consisted of trades on Bank of America and Exxon. Let's go through these.Trade 1 - Bank of AmericaThe entry on the chart reflects the opening 2 minute candle. I was looking...
on Aug 24
From tradeclearly.com
My losing trades - 23 July 2024
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My losing trades from today consist of a few losers. I did actually hit my maximum loss for the day. Blogging losing trades is painful but a necessary exercise in improving. Do you set a maximum loss where you will stop trading if you realise a certain monetary amount? My losing trades for the...
on Jul 24
From tradeclearly.com
My winning trades - 22 July 2024
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My winning trades from today consisted of a short trade on Walt Disney. This share has been in a solid down trend since April and therefore I was looking for a short trade should the opportunity arise.The opening first bar of the day was a large bear bar with a medium sized body with wicks...
on Jul 24
From tradeclearly.com
My losing trades - 22 July 2024
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My losing trades today consisted of a losing trade on American Airlines on the 2 minute chart. American Airlines is in a downtrend on the higher time frame so my bias is to go short. When trading on the lower time frames I try to increase my probability of trade success by choosing entries at...
on Jul 23
From tradeclearly.com
My losing trades - 12 July 2024
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My losing trades today consisted of 2 trades on the USD/JPY on the 1 minute time frame. The first trade was a long trade and the second losing trade was a short. I did have a third trade that more than covered these losses. Click here to see the details or read on for the losing analysis.The...
on Jul 12
From tradeclearly.com
My winning trades - 12 July 2024
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My winning trades on this day consisted of only one trade, the other 2 trades of the day had been losers. If you want to see them click here.As discussed in my losing trades the USD/JPY is actually in an overall uptrend but I was looking for a scalp trade and for this particular trade I did use...
on Jul 12
From tradeclearly.com
My winning trades - 11 July 2024
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My winning trades consist of a trade on Alibaba of 140 shares on the 2 minute chart. My risk was $29, the maximum risk when I am trading the 2 minute chart. See the initial entry below:There was a relatively tight consolidation period where there was clear resistance. The large bullish elephant...
on Jul 11
From tradeclearly.com
Is this a MACD trading strategy that actually works?
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The MACD is a very popular indicator used by traders and there is no shortage of videos and articles about it. We will investigate whether the Monthly MACD timeframe is a trading / investment strategy that actually works. I am writing this on the basis that the reader has a basic understanding...
on Jul 11
From tradeclearly.com
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Let's take a look at the Keltner channel indicator along with some real chart examples to provide context as to how it can be traded, along with details of the drawbacks of using this indicator, so that these drawbacks can be considered before taking trades.The Keltner Channel is a technical...
on Jun 28
From tradeclearly.com
My winning trades - 25 June 2024
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I hadn't had much time to trade recently but I did open a 100 shares short trade on Alibaba on the 24 June. My winning trades for this day are detailed below. In order to show context, the chart below shows the price action of Alibaba on the 5 minute chart zoomed out to include previous days....
on Jun 25
From tradeclearly.com
Methods to calculate risk per trade
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There are a number of available methods to calculate risk per trade. Detailed below are some common methods and their associated formulae. Risk management is one of the most understated elements of trading for all beginning to intermediate competence levels. Risk management keeps you from...
on Jun 25
From tradeclearly.com
Trading month review - May 2024
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If taking your trading seriously, it is important to have regular reviews of your trading. This trading month review of mine is for May. It took some time to post this review because I still had some open trades at the end of the month and this review represents the closure of all open trades...
on Jun 25
From tradeclearly.com
Stop trading against the trend
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One of the popular problems traders suffer from is trading against the trend, whatever the time frame. There are compelling reasons as to why you shouldn't trade against the trend. • Higher Losses When trading against the trend, you are essentially 'betting' against the prevailing market...
on Jun 4
From tradeclearly.com
My winning trades - 1 June 2024
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Both my winning trades came from the FTSE Indices. I managed to exercise strong patience in maximising my profits from these trades.My winning trades consisted of 2 entries, both shortly after the market opened on 30 May.Trade 1 was an entry at around the close of the first 2 minute candle....
on Jun 1
From tradeclearly.com
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Fear of Missing Out, or FOMO as it is better known, is an extremely powerful psychological force that can lead to impulsive decisions and significant financial losses. Once it has you, it's hard to avoid FOMO and not let this emotion take you over. As markets fluctuate and headlines tout massive...
on May 29
From tradeclearly.com
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I had written a previous article about whether you should use stop losses. There should never be a scenario where you don't use a stop loss if you don't want to blow up your trading account. What happens if you are in a trade and you wish to move your stop loss? This is a very difficult topic...
on May 25
From tradeclearly.com
My winning trades - 24 May 2024
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The winning trades of the day consisted of a trade on Tesla on the 5 minute chart.One of my strategies is the bull engulf candle. The requirements for an entry using this trade are as follows: • A rejection of a bearish candle at or close to the 20 period moving average • Bullish engulfing bar...
on May 25
From tradeclearly.com
My losing trades - 24 May 2024
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My losing trades of the day included a trade set up that was not part of my strategy. My winning trades for the day are posted separately.The first trade was Exxon, explained below.Learning from my previous trades I have consciously moved away from trading the 2 minute chart and decided that 5...
on May 25
From tradeclearly.com
My losing trades - 22 May 2024
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Over traded today and had a few losing trades. The first trade of the day was a short trade on the 2 minute chart on the FTSE, which was as follows:The horizontal line was the neckline of an 'M' pattern which is a bearish pattern. I entered the second bull elephant bar that closed below this...
on May 25
From tradeclearly.com
My winning trades - 20 May 2024
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I had already taken a silver trade on the 15 May on the 1 hour chart. See previous post for more details. The following chart below shows a breakout trade on the 4 hour chart, my winning trades for the day.I had an order in to fill at 2981.5 which was a price level directly above an area that...
on May 24
From tradeclearly.com
My losing trades - 20 May 2024
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My losing trades that I entered and closed today consisted of a trade on Oil on the 4 hour chart.My trade here was to be a reversal above the clear resistance of 7990 and I had an order in to open a trade if 7995 was hit with a stop loss.The trade did execute over the course of the morning and...
on May 23
From tradeclearly.com
My winning trades - 15 May 2024
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My winning trades for the day came from a strong bullish move on Silver, which has been on an overall strong move up on the daily chart. I had been looking at opportunities to enter a long position after a pull back. The chart below represents the one hour price action of Silver along with my...
on May 20
From tradeclearly.com
Bitcoin cup and handle pattern
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The Bitcoin price action on the weekly time frame is looking bullish.If this pattern plays out, we are in for a crazy ride up. A cup and handle pattern is a very bullish pattern when it plays out. The target for such a pattern, as drawn on the chart above, is basically the height of the cup. If...
on May 18
From tradeclearly.com
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The 3 bar play strategy is a strategy that is best used off the open for equities. It can be used for both long and short plays. Detailed below is the step by step guide on how to identify such set ups and also how to trade it. Pictured below is the daily chart of Coinbase. The daily charts are...
on May 17