Great risk managment heading to high volatile news (CPI)
And nice 1:5 RR win on USD/JPY
We are back on track!
Join 👉 @dovyfx_live_bot
And nice 1:5 RR win on USD/JPY
We are back on track!
Join 👉 @dovyfx_live_bot
Who is ready for a great week of trading? 📈
Join the private grouo and get all my analysis, trades and live trading sessions 👉 @dovyfx_live_bot 👈
Join the private grouo and get all my analysis, trades and live trading sessions 👉 @dovyfx_live_bot 👈
Forwarded from DovyFX | PREMIUM
XAU/USD (gold)
The price broke and closed above massive daily/weekly resistance. Overall price action is very bullish (likely a bit too over-extended)
We do have that massive below that I expect the price to eventually retest so for that reason I will be looking for scalp short trades on this asset.
Once retest happens, I will continue to look for long positions.
The price broke and closed above massive daily/weekly resistance. Overall price action is very bullish (likely a bit too over-extended)
We do have that massive below that I expect the price to eventually retest so for that reason I will be looking for scalp short trades on this asset.
Once retest happens, I will continue to look for long positions.
Forwarded from DovyFX | PREMIUM
US100 (nasdaq)
Also a nice rally up with a decent bullish market structure.
Currently retesting daily support, but we do have a nice consolidation demand that is also a peak volume area. I would like to see the price to retrace a bit deeper before taking potential long positions.
Also a nice rally up with a decent bullish market structure.
Currently retesting daily support, but we do have a nice consolidation demand that is also a peak volume area. I would like to see the price to retrace a bit deeper before taking potential long positions.
Forwarded from DovyFX | PREMIUM
GBP/USD
On the other hand some USD pairs are still below significant resistance zones. I will stay flexible and be open to all potential scenarios. I do have a supply are that the price is retesting at the moment and if I do get confirmations I need I will potentially look for short-term sells.
On the other hand some USD pairs are still below significant resistance zones. I will stay flexible and be open to all potential scenarios. I do have a supply are that the price is retesting at the moment and if I do get confirmations I need I will potentially look for short-term sells.
Forwarded from DovyFX | PREMIUM
FAQ (frequently asked questions)
I get tons of DM's every single day and sometime it is really hard to catch up with replying to everyone. So I created FAQ that might answer some of your questions.
▫️How to join the Premium group?
You can check out all the plans here
@dovyfx_live_bot
▫️ How many positions do you open per week?
It all depends on market conditions. Sometimes they change fast and sometimes they take a while to normalize. Example being ending of 2022 and beginning of 2023 where the market has been ranging for a while and for that reason I am more conservative with my setups and risk.
All in all!
1-3 trades in a day (good conditions)
1-3 trades in a week (bad conditions)
▫️How do you manage your trades having multiple TP's?
Most of the time I call out my trade management, where I take partials and where I close. There might be times where I was not able to update, so I just see how the price reacts to each TP, because all of them are at different key levels.
▫️What broker do you use?
I use HEROFX
MY BROKER
I recommend you to use same one so there are less error between our prices.
▫️What do you trade?
Mostly I focus on indexes and gold and also I do have some favorite forex pairs.
▫️What time do you trade?
I trade London and NY sessions.
▫️Do you do live trading?
Yes. Tuesdays and Thursdays (NY open).
▫️ How long have you been trading?
In May it will be 7 years.
▫️Do you accept crypto?
Yes. Message me privately and I will send you the wallet.
▫️Can I pass funded challenge with your analysis (signals)?
Yes. I had multiple people on my group passing their challenge.
▫️Are you funded?
Yes I have multiple funded accounts which adds up to $1.3M in total funding, but I also trade my personal capital.
▫️Can you teach me to trade like you?
Yes. This is why I created my course where I share every detail of my trading system
Check out the course www.dovyfx.com
I get tons of DM's every single day and sometime it is really hard to catch up with replying to everyone. So I created FAQ that might answer some of your questions.
▫️How to join the Premium group?
You can check out all the plans here
@dovyfx_live_bot
▫️ How many positions do you open per week?
It all depends on market conditions. Sometimes they change fast and sometimes they take a while to normalize. Example being ending of 2022 and beginning of 2023 where the market has been ranging for a while and for that reason I am more conservative with my setups and risk.
All in all!
1-3 trades in a day (good conditions)
1-3 trades in a week (bad conditions)
▫️How do you manage your trades having multiple TP's?
Most of the time I call out my trade management, where I take partials and where I close. There might be times where I was not able to update, so I just see how the price reacts to each TP, because all of them are at different key levels.
▫️What broker do you use?
I use HEROFX
MY BROKER
I recommend you to use same one so there are less error between our prices.
▫️What do you trade?
Mostly I focus on indexes and gold and also I do have some favorite forex pairs.
▫️What time do you trade?
I trade London and NY sessions.
▫️Do you do live trading?
Yes. Tuesdays and Thursdays (NY open).
▫️ How long have you been trading?
In May it will be 7 years.
▫️Do you accept crypto?
Yes. Message me privately and I will send you the wallet.
▫️Can I pass funded challenge with your analysis (signals)?
Yes. I had multiple people on my group passing their challenge.
▫️Are you funded?
Yes I have multiple funded accounts which adds up to $1.3M in total funding, but I also trade my personal capital.
▫️Can you teach me to trade like you?
Yes. This is why I created my course where I share every detail of my trading system
Check out the course www.dovyfx.com