Divergence trading is a cornerstone concept in the realm of technical analysis, offering traders a unique perspective on potential market reversals. By comparing asset prices with momentum indicators, traders can discern subtle shifts in market dynamics. This article delves into the intricacies of divergence trading, featuring strategies using the RSI, MACD, and...
Hey all! As the main mistakes I've noticed so far have been FOMO-related, I focused on taking only high-quality set-ups. This has resulted in little trading activity so I changed the frequency of the self-reviews to every time I feel like there are significant notes to take. Soo... Find on the chart the latest notes from my trading journal!:D
Come discuss the current trends of the market while I talk about chart patterns, trader psychology and much more!
In the dynamic world of forex trading, one key decision traders face is choosing the right time frame for their analysis. While there are various options available, the daily time frame holds a special place for traders seeking consistency and reliability. In this comprehensive guide, we will explore the compelling reasons why traders should prioritize daily...
Buy when the resistance level of the range is broken upwards. The stop is placed below the support level of the range or below the local support level within the range if the support level is near the accumulation level. The minimum target is the size of the range, postponed upward from the point of breaking through the resistance level. This corresponds to...
I call this pattern the Batman Pattern, because if you look at the overall shape is it very much like a Batman jet, or car or Batman shirokin (throwing weapon)... Lower head, like baman wearing flying wings. Definitely a rolling over pattern like a head and shoulders. my apologies for the text below price that says sell and buy, just ignore it. ichimoku cloud, ...
Welcome to the world of trading patterns. If you appreciate our charts, give us a quick 💜💜 Today, we'll explore two important ones: the Rising Wedge and the Falling Wedge . These patterns can signal shifts in market trends. Let's dive in and see how they work. Rising Wedge: In an uptrend, the Rising Wedge hints at a bearish turn. It takes shape as prices...
Hello, money enthusiasts! Whether you're a Wall Street wolf or a Main Street newbie, today we're diving into the exhilarating world of finance to dissect two popular money-growing strategies - investing and trading. So, sit back, relax, and prepare to soak up some knowledge! The Basics Let's kick things off with some simple definitions. Think of investing as...
Funding , also known as the funding rate, plays a crucial role in the dynamics of perpetual futures contracts. Its primary purpose is to maintain price parity between perpetual contracts and the underlying assets in the spot market. For instance, it ensures that the price of a BTCUSDT futures contract closely tracks the BTC spot price. Traders participate in...
Hello, traders! Today, I'd like to explain how pumps work in the crypto world I distinguish between two main types: Fake Pumps: These orchestrated pumps involve artificially inflating the price through the actions of a group of individuals or entities. They typically rely on coordinated buying to drive up the price. Natural Trends: These are price trends that...
If you want to become a consistently profitable trader you have two choices: 1️⃣strictly follow your trading plan or 2️⃣fail. Trading plan is essential for achieving your financial goals. It is a set of actions to follow for making trading decisions guiding you on how to react to certain events. It reflects your personality and characteristics. Moreover,...
Hello everyone This post will be devoted to the trading methods of the famous trader Joe Ross. There is very little information about Ross on the internet, mostly copied from his books, so let's try to study this situation more deeply. The information is not for beginners. Support and resistance, trend lines, the concept of flat market, all this should be...
Trading is a captivating and intricate field that demands a profound understanding of financial markets, investment strategies, and technical analysis. Among the many techniques employed by traders, candlestick encapsulation is one that can prove to be particularly powerful. In this article, we will explore the concept of candlestick encapsulation and how one can...
Ordering success in the dynamic world of trading requires precision and strategy. Understanding the various types of orders at your disposal is akin to wielding different tools for different situations. In this comprehensive guide, we'll delve into the diverse universe of order types in trading, unraveling their purposes and when to employ them. Through...
Why Does the Forex Market Function? Introduction: The largest and most liquid financial market in the world is the foreign exchange (FX) market. It is open twenty-four hours a day, seven days a week, and makes it possible to exchange money between other nations. The FX market, which conducts daily transactions worth trillions of dollars, is an essential part of...
Trading can be a challenge especially if you are trying to learn to control your emotions and at the same time technical analysis -- In this video, we address technical and fundamental analysis watch it now to find out the best of both worlds -- Disclaimer: -- I am not a financial advisor, and the information provided here is for informational purposes...
This is part one of a series on relative strength ratios. Part One: Relative Strength Ratio (RS) analysis is used to compare one markets performance with that of another. The RS line provides a direct comparison of strength or weakness relative to the another. RS analysis is particularly useful for active institutional managers who are judged relative to a...
An ordinary person uses religion as a guide to his spiritual life. A trader uses mathematical expectation as a guide to his trading life. Trading is a game with a negative mathematical expectation. This means that when you open a trade, you have already received a loss in the amount of two trading fees for entering and exiting this trade. That is, in order to...