This #1 CandleStick Chart Pattern Is My Favourite

 Am always thinking about how to keep my spending costs
on consumer foods to low-cost

because if you have been reading about me
In these journals, you will know

that i like sweet milk but am running low on savings
and maybe am thinking about cutting on
this consumer good

found in retail shops both large and small

Look at the following economic data for this week
that is influencing this forex pair:

• Inflation rate year over year is projected to increase
• The core inflation rate is projected to remain flat
• retail sales month over month is projected to fall

Retail sales are looking like they will fall
meaning businesses in the retail space are struggling
to make profits.

This is because of the rise in inflation.
Look at this chart of USDCAD

It has my #1 favourite candlestick pattern
called the rising white soldiers

If you would like to learn more about candle
stick patterns
check out Steve Nisson’s book on candlestick charting

does this mean am a chartist?

Yes being a chartist will give you
an edge in the market but
you can also hang on to trend analysis

such as the rocket booster strategy
if you would like to learn more

about the rocket booster strategy
check out the references below.

Rocket boost this content to learn more

Trade safe.

Disclaimer: Trading is risky please learn risk
management and profit
taking strategies
because you will lose money whether you like it or not,

 

 

This #1 CandleStick Chart Pattern Is My Favourite by lubosi on TradingView.com

Follow These 3 Steps To Determine Price Action

 The gap between the rich and poor has become
more evident
yesterday I had a conversation with

One of my brothers about a friend
who was looking for a job but lucked the courage
and faith to find one..

Even in his turmoil, I encouraged him
with knowledge bout capitalism and entrepreneurship

Because he was so discouraged I had nothing else
to inspire him with

excerpt the knowledge on capitalism
and entrepreneurship

this was way before I mastered how to trade
today he found a good blue-collar
education and will be getting ready

to enter the labour market

No matter what level you are in life
whether you are at a white collar
job or blue-collar job

Capitalism will help you
This is why I developed the rocket booster
strategy

Its a trend analysis system
to help you understand the price action
of a stock price

In this case we are looking at MMM
this company is about to have a dividend
reporting this very week

This type of news is a catalyst to this
current price action.

So the question is what is the price action?

So you can determine the price action
in the following 3 steps...

(1)The price has to be above the 50 EMA
(2)The price has to be above the 200 EMA
(3)The price has to gap up

There is a market cycle going on
and its hard to see it especially
when you are beginning

You see once you understand
market cycles every day you
will be able to see these prices.

But that's professional trading.

To learn more Rocket Boost this content

Disclaimer: Trading is risky you will
lose money whether you like it or not.
Please learn risk management and profit-taking
strategies.

 

 

Follow These 3 Steps To Determine Price Action by lubosi on TradingView.com

The 3-Step Rocket Booster Strategy [3.min Video Review]

 I had a terrible nightmare, and am really not sure why
I placed a trade on Bitcoin
even at its all-time high

Maybe waiting for the price
action to be profitable
could be the reason why

my nightmares kicked in..

Anyway in this video:

->We review the rocket booster
->Candlestick patterns for GBPJPY
->Resistance levels

Watch it right now to learn more

Also, rocket boost this content to learn more

Disclaimer: Trading is risky
please learn risk management and profit-taking strategies
because you will lose money whether you like it or not. 

 

 

The 3-Step Rocket Booster Strategy [3.min Video Review] by lubosi on TradingView.com

Dont Trade This #1 Mistake in The Opposite Direction

 I am from talking to a brother of mine
who seems so sad because
he is not happy with his wife...

I was trying to tell him
that even though he is not in
a happy marriage.

One day things will reverse for the
better to favour him as a man
Reversals are part of life

Look at his chart GBPJPY
It's a reversal and here is why...

Trading this forex pair is going
to be challenging but its worth
the squeeze
-
One thing I have noticed is
that based on candlestick patterns

The price action looks like
it coming from a bullish harami..
last week

Then it hits an evening star at the resistance
This evening star is the bear trap

Which means it looks like
the price will drop
but this price won't drop

It will keep going higher and higher also its
following the rocket booster strategy.

Which has 3 steps in order
to learn this strategy check out the
references below.


Rocket boost this content to learn more.

Disclaimer : Trading is risky you
will lose money whether you like it
or not.

Please learn risk management
and profit-taking strategies.

Dont Trade This #1 Mistake in The Opposite Direction by lubosi on TradingView.com

The #1 Reason A Fake Breakout Is A Buy Signal

 Today as i was sleeping i kept thinking
about an old buddy of mine, who loves
talking about philosophy.

And now today philosophy is all i
think about.

I used to think everybody loved talking
about philosophy

But i was wrong.

Trading is both intelligence and
philosophy combined

You need a strong personal philosophy
to really survive in this market

I made a mistake as i was telling you
about the RSI...
there is something called the

“FAKE” breakout.I first heard of this
concept from Tim Sykes

And then i read about it in a trading book.
Full disclosure..
am primarily a Bitcoin trading expert

I talk about trading stocks
because it's what i use as therapy
also, this is what the community

Mostly enjoys reading about.
And i so use my technical
analysis skills

To share with you what i think
are the best stocks to trade.

Now with the RSI..
the fake breakout actually does not
mean the breakout strategy

Doesn't work
The fake breakout actually confirms
The buy signal


In this case, we are looking at
Home Depot [HD] HD
Which is in a breakout session

But the mistake i made was to
indicate the breakout at 70
on RSI

Actually the best indicator
should be at 60

Meaning do not buy a breakout
after 60 on the RSI

Even though this will
mean you won't catch all the
swing trades

But it means you will catch the best
swing trades.

Also, note that HD
is actually related to the real estate market
Seeing this stock

As a buy signal means that
the real estate market is actually
a good buy right now.

This is why am re-recommending
this stock CAT again.

It also follows the rocket boost
strategy as well which has 3 steps:

(1) The price has to be above the 50 EMA
(2) The price has to be above the 200 EMA
(3) The price should gap up in a trend


This strategy is very good
for SWIING TRADING...

If you want to develop your own strategy
then that's fine.
But if you want a simple strategy that

Easy to follow then you need to learn more.

Rocket boost this content to learn more.

Disclaimer: Trading is risky you will lose
money whether you like it or not
Please learn risk management and
profit-taking strategies.

 

 

The #1 Reason A Fake Breakout Is A Buy Signal by lubosi on TradingView.com

The #1 Reason Why Buying Gold Is Hard Right Now

 Buying gold is a bit of a challenge for me
because I am so used to buying bitcoin
But what i have noticed is that

When bitcoin goes up gold goes down
and vice versa..
so my idea of buying gold

Is to buy it at the same time as bitcoin
but account for the drawdown of about 5%
its not pretty but it will work in the long
run

Again am not a fun of trading gold GC1!
With margin

but its a good one to consider right
now that the market is quiet from good entries

and we are standing on the sidelines
during this crazy market mania.
Even though am thinking

You can still buy Bitcoin
but look at the stochastic RSI below

the chart you can see the moving
averages crossing.

The only challenge with trading
Gold and silver is the volatility is
crazy so if you dont mind the ride

Then you can take it
just remember to use the
stochastic rsi as your

guide to know whether the price is
cheap or not.

Personally, i have re-entered the
Bitcoin BTC1! price action,

It may crash next week

But at least your Bitcoin Buy
should sustain you with
some profit.

So for this one Buy Gold, silver and
Bitcoin

according to this chart Buy Gold
using the daily stochastic rsi chart after

the Bitcoin buy signal

Also, this price action follows
the rocket booster strategy

To learn more about this strategy
check out
the references below

Remember to rocket boost this
content to learn more

Disclaimer: Trading is risky
please learn risk management and profit-taking
strategies. Because you will

Lose money whether you like it
or not.

The #1 Reason Why Buying Gold Is Hard Right Now by lubosi on TradingView.com

Why Bitcoin Is The #1 Asset During This Market Mania

 Am working on my sales presentation
for the rocket booster
strategy before I go public with it

If you follow me on Tradingview then you
you will get an idea of the kind
of presentation, I am preparing

Am hoping to create a sales presentation
to sell an online coaching program or newsletter
or something am really not sure

but am just doing it.

Anyway one advantage of the crypto
market is that it does not sleep
and so there are no rules

Of market close or open and all that
non-sense of pre-market hours
and after hours you find in stock trading

Crypto is my favourite asset class
that's why Bitcoin is the one you should be

Buying

during this presidential election cycle

Bitcoin BTCUSD
is the number#1 asset in my books

Now you may be into gold..and that's fine
In fact I think Ethereum
is the best indicator for buying

Gold and silver

I am yet to see if this is true as well

Bitcoin is following the rocket booster strategy

Which has 3 steps:

#1-The price has to be above the 50 EMA
#2-The price has to be above the 200EMA
#3-The price should gap up in an uptrend.

If you look at this chart BTCUSD
You will see the rocket booster strategy
in action.

In order to learn more
rocket boost this content

Disclaimer: Trading is risky please
learn risk management and profit-taking strategies.
Because you will lose money whether you
like it or not.

Why Bitcoin Is The #1 Asset During This Market Mania by lubosi on TradingView.com