We have been trading and investing in markets for decades since the early 1980s. Experienced and successful traders and market participants tend to remember their losses and mistakes instead of victories. Profits feed the ego; losses are teachers for those who realize that valuable lessons come from adversity instead of triumph. Everyone has an opinion- The...
The RSI is an oscillator type indicator that reflects the relative strength of bullish movements, compared to bearish movements. It is used by traders to measure the strength of a trend and detect end-of-trend signals. The RSI indicator provides valuable market information and trading signals. Measures the interaction between up and down movements, and normalizes...
Hi friends , today i'll share with you the most famous candlestick pattern everyone should know. the hammer and inverted hammer appear in the downtrend , It indicates the possibility of a price reversal from bottom to top . hanging man and shooting star appear in the uptrend , It indicates the possibility of a price drop Note: The color of the candle is not important
This is a good example of the relationship between supply and demand, accumulation and distribution (see the 1m chart insert from Friday 17th September). Price is constantly fluxing between the two forces deciding who has control of the market. At the point where the recent high fails to break, this is a strong signal that sellers could be in control and shorts...
Only one way to grow a small account into a large account. That is by treating Forex trading as a marathon race not a sprint race. Do you have 2 to 5 years? You can use the compounding calculator to calculate profits. This allows you to understand better, how your trading account will grow over time. One of the most interesting facts about compounding is, that...
💡 Martingale Layer 💡 Martingale layering is an entry technique, best used to manage your risk. For starters, you have to choose the right lot sizes and know how much you are willing to risk for each trade. (Advisable 1% of your account). So let's say you have $200 equity in your account. Pick 0.10 lot as it is between low and mid risk. Risk management...
Two traders can enter at the same price, one taking buys trade, the other one a sell trade. Only one can profit, right? Nope. The price can move both ways at different points of time from the initial entry, and both traders can profit. On the other hand, a desperate premature exit can cause both traders to lose. So, it is a matter of your own trading system....
Hey traders, Being a full-time trader & running a coaching program for the last three years, I met hundreds of struggling traders from different parts of the globe. Guess why the majority of them could not make it? What was the main reason for their bad luck? It wasn't their trading strategy, nor their technical analysis. The source of their failure was the...
One important thing when day trading or scalping is risk management . To find the good balance between risk and reward . So I compared the same strategy with and without Safety Orders. Here's an idea explaining how safety orders work if you didn't know: The strategy used for this example is a daily pivot & consolidation breakout. Before I explain the...
TGTX made an Elliot Wave but it failed to continue the trend after the Correction Wave and it collapsed. However, The Elliot Impulse Wave did create potential for TGTX because it built up a good Trend Channel. To continue to grow, it would need to enter Trend Channel first and then stabilize within it. The green dotted line is where it needs to go. Note: This...
The Trading Cycle Of Market Emotions You want to sell when most traders feel overconfident You wan to buy when most traders feel despair
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ NOTE: some pattern could be reversal and continuation patterns depending if its in an uptrend or downtrend. Today's video will be about the Candlestick Chart :...
What is Dejavu? Dejavu is a term used to describe a feeling that one has lived through the present situation before. How does this tie in with the markets? Technical analysis is based on patterns repeating itself over and over again. Technical analysts believe past trading activity and price action can be valuable indicators to future price movement. How...
We must be mindful of the importance of continuous analysis. We may see a potential SPRING which followed by a bullish movement accompanied by a large Weis wave that managed to break the creek of the structure. Later strong volume may come in and push the price back into the range targeting the large imbalance left, suggesting the possibility of Upthrust.
How does one communicate in text, the purely visual. Scale is Auto though non logical, because subject beyond logic. These are programmed outcome assets. Programmed outcome. CRYPTOCAP:XMR CRYPTOCAP:BTC Do you understand ? Do you see ? Help me help you lol dMR96
OANDA:GBPUSD We got here a clear signal from the VVV strategy The Rules played OUT as well We got a confirmation from the VPSV area Entering the red momentum Destroyer Cross to the inside Down the zero line we can follow up the chart Higher price same volume thats also a WEAK divergence on the chart Count the confirmations
Supply and Reversal on uptrend Market. Always trade the right supply.
Stopped at Part 3, level of mental clarity starting to drop, unsure about what to play. Status: Getting lost in LTF, HTF structure might have changed but not aware of it, was too focus on LTF.