Imagine a rollercoaster: first, a steep drop (downtrend), then a brief pause (consolidation) before another drop. 💜 If you appreciate our charts, give us a quick 💜 This pause creates a symmetrical triangle of highs and lows, indicating market uncertainty. When prices break out below this triangle, it signals a likely continuation of the downtrend. 1️⃣ The...
Market cycles are a cornerstone of financial trading, shaping the opportunities and risks faced by traders across various markets. This article delves into the key phases of market cycles, how they manifest in different trading arenas, and how traders can capitalise on these predictable patterns for trading success. The Four Phases of Market Cycles Market...
Once you understand liquidity, you understand how the market moves and where it might go next. Let me break it down simply (for beginners): Your objective, as a retail trader, is to know where the market is going to go. Once you know where it’s going, you can make money by taking a buy or a sell. So, how do you know where it’s going to go? One fundamental way...
"Playing Catch Up" - A clear, easy to follow 5 Step Trading Plan Template for Breakout Trading. Step 1. Recognize the change in trend. Whether you use ranges, patterns, or stage analysis, all essentially help to confirm that the trend has changed from down or sideways to up (or vice versa, but just make sure its in the same direction you plan on trading!). In...
The overbought & oversold levels on a lower timeframe can determine the upper and lower wick on a higher timeframe's candle. If you know with a high probability what the directional bias is (trend is determined by the HTF candle body closing above or below the 8ema convincingly) you can then use the LTF overbought/sold levels to catch the wick entries of the...
BYBIT:ARKMUSDT.P Hey guys while this morning i have got a lot of alerts of charts not because I can't find one... there's just too many to pick from in this case so I hereby announce this is my first and THE SIMPLEST educational post shall we say ever. SET YOUR ALERTS!! - One thing I want to touch on while I'm on here and this is for absolutely everybody by...
📊 Learn how Interest Rate Decisions shape monetary policy and impact markets. 📈 Understand the significance of Non-Farm Payrolls in the global economy. ⚖️ Discover strategies for trading around major economic events. 💡 Gain insights into interpreting c
Hi Traders, Investors and Speculators of Charts📈📉 Bitcoin dominance and the rotations between BTC and altcoins can be confusing. Enjoy this easy-to-understand guide to BTC.D , and why it is important to watch alongside with the bitcoin chart. 👇👇👇 BTC dominance is calculated by dividing the market cap of BTC by the total market cap of all cryptocurrencies. If...
Weekly token unlocks are a regular occurrence in the cryptocurrency market. These tokens are typically released to early investors, funds, and project teams. Upon receiving these tokens, some investors choose to sell them, either through market orders or limit orders. These sales can have a noticeable impact on the token's price. However, there are some key points...
In the today's post, we will discuss 3 types of analysis of a financial market. 🛠1 - Technical Analysis Technical analysis focuses on price action, key levels, technical indicators and technical tools for the assessment of a market sentiment. Pure technician thoroughly believes that the price chart reflects all the news, all the actions of big and small...
OK so according to our Pivots plan we well R5... When do you do when the FOMC announces, bascially nothing, we won't raise and Retail rallys the market and just keeps relentlessly climbing higher? One thing you could do is to buy protective options just in case this happens on FOMC day. If you write calls and take your profits up front you don't get killed by...
Navigating the world of cryptocurrencies can be like embarking on a treasure hunt, and today, we'll discuss the art of finding robust altcoins. AVAX and INJ serve as excellent examples of how to identify strong performers. Comparing AVAX with Bitcoin: When searching for strong altcoins, it's crucial to compare their performance against the market leader,...
People confuse being a trader with being a chartist. Traders can: - Mange emotions - Have Discipline - Execute on a trade idea Chartists can: - Make chart look pretty - Look sophisticated - miss trading opportunities because their too busy screenshotting for social media Only Few Understand…
THE DISCIPLINED TRADER How to enter the trade?? 1. Look for candle to cross our zones 2. If the candle crosses above our zone and closes above then take buys ( look no 4.) and vice versa 3. Look for 1hr candle confirmation / 15/30 mins TF for entry during Asian session and 30 mins TF confirmation/ 5/15/30 mins TF after london session. 4. Always wait for...
In the video I talk through the two trades namely trading continuation with Trend and then trading Countertrend Reversals. Both have their own price action points but are very different. I review a continuation trade and the setups I look for when trading from level to level...but the main focus on the video is trading Reversals which can be very rewarding but...
As the world of trading evolves and expands, new signal providers are popping up every day, promising to help traders identify potential market opportunities. However, there are many problems among legitimate providers from one of them: signal providers offer fraudulent Expert Advisors (EAs). These unscrupulous providers promise extraordinary returns and flawless...
We can see how the price was in a bullish structure making HH and HL. Touch a new Hh in 1h and came down to create a new lower low changing structure to bullish and create a order block in 3h. We just wait until New York for the retest. I open my position in psychological #183.400. I put my stop loss 25 pips up from my position #183.650 and my take psychological...
This is an example of how you can use Elliot Waves to enter a trade. The bigger wave is wave (1) which consists of 5 waves. Now, for wave (2), a WXY pattern happened in a parallel channel. It can also be called a double three pattern. Wave (2) reached 50% of wave (1). 50% - 60% is typically where corrections end. After that, we can see a sharp rise up. This is...