Welcome to Part 2 of our 7-part Power Patterns series. In this series, we'll be equipping you with the skills to trade some of the most powerful price patterns which occur on any timeframe in every market. This week’s pattern, the ascending triangle can often precede fast and powerful breakouts. A strong understanding of this pattern is essential for any trader...
Fixed Range Volume Profile: Definition and Trading Strategies The Fixed Range Volume Profile (FRVP) has long been favoured by traders for its ability to accurately predict the market direction and key turning points. However, its complex appearance can put some traders off. In this FXOpen article, we’ll take a deep dive into the FRVP, how to use it in a trading...
Hey, traders! Last week, I received a few messages from traders who didn’t understand how to enter with the DCA bot, and I decided to write a summary about it. Determining the ideal moment to launch a DCA Bot concerning a crypto coin movement in a range calls for a well-thought-out strategy. Your decision essentially hinges on your expectations of the crypto...
Today I took 3 trades. 1 losing trade and 2 breakeven trades. The losing trade, I took with a bit of FOMO, because I saw price moving towards my expected direction and I took the trade even if it did not fit my trading plan. For the 2 breakeven trades, I moved the SL to BE a bit early because of fear of losing, maybe because of the first losing trade. If I did...
Hey Rich Friends, One of the greatest features that I have ever stumbled upon on Tradingview was the "Indicator Templates." If you are new to trading and need a simple strategy you can build upon, why not try one that is already built into your chart? In this quick video, I will explain: 1. How to access Indicator Templates 2. 3 simple trading strategies (Bill...
In the world of forex and gold trading, recognizing chart patterns can be your key to unlocking profitable opportunities. One such pattern, the Cup and Handle, offers traders a powerful tool for identifying potential bullish trends. In this comprehensive article, we'll explore how to identify and trade the Cup and Handle pattern in both forex and gold markets....
This is my version of walking a Bollinger Bands. I use an Ehler instantaneous 21 BB. The settings for the Bands are 0.75 deviations (detrend at +0.75), zero offset, no lower band, no basis. The result is the solid red moving average. Close your bull after a dow theory closing violation under the uptrends' detrending signal.
index that serves as a benchmark for the banking sector in India. It comprises the most prominent banking stocks listed on the National Stock Exchange (NSE). BankNifty reflects the collective performance and trends of these banking giants, providing investors and traders with a valuable indicator of the overall health and direction of the banking industry. As an...
CME: E-Mini Nasdaq 100 Weekly Options ($Q1D-$Q5D) When I first started trading two decades ago, I was overwhelmed by the amount of data that was available. I had a hard time correlating how data relates to price movement. While observing the stock market, I have one question in particular: why does the market often moves drastically immediately after the release...
How to trade coins after listing? Here is logic of IAP model BINANCE:APTUSDT When people get tokens after airdrop or launchpad, most likely on first candle we will see seller pressure. This model works in general only for fundamental projects, where even people who get tokens for free will hold it for long term. Because we got a lot of examples when this...
1. What Are Supply and Demand Zones? In the cryptocurrency trading, supply and demand zones are pivotal concepts that profoundly impact market behavior. These zones act as critical areas where traders engage in buying and selling actions, significantly influencing price movements. To gain a deeper understanding of how these zones work, let's delve into the...
In the intricate world of forex trading, understanding the nuances of candlestick patterns is akin to deciphering a secret code. Candlesticks are more than just price representations; they embody the ebb and flow of market sentiment. In this comprehensive article, we will delve into the characteristics of crucial bullish and bearish candles, unveiling the...
Here you can see few examples of a Retests 📊 ⚫️ First example is a regular support and resistance retest. It occurs after price breaks this zones. Price then goes back to test previous support or resistance and this is usually good place to enter a trade. ⚫️ Second example is a supply and demand retest. ⚫️ Third example uses help of volume profile indicator....
The Double Exponential Moving Average (DEMA): Is It a Powerful Tool for Technical Analysis? Traders use various types of moving averages, including simple, weighted, linear-weighted, volume-weighted, and exponential. The uses are almost the same; however, they differ in terms of how they are calculated. This determines the frequency and accuracy of trading...
TGIF is a framework coined by Inner Circle Trader (ICT). It is a Friday setup most common in the New York session after all red news is reported. Throughout the week, SPX500's price was steadily growing. This is essential for the setup, as we want to short from the High under the expectation that the market won't close at or near its maximum price. On Friday,...
Introduction Candlestick charts are a cornerstone of forex trading, offering valuable insights into market dynamics. One key element of a candlestick is the size of its body, which provides crucial information about the strength of buyers and sellers. In this comprehensive article, we'll explore how the size of a candle's body reflects market sentiment,...
Hello everyone, Coming in with a new indicator that I will be releasing shortly (I will link it below). This is the Z-Score support and resistance indicator. It uses an anchored z-score (anchored to the period open price) to plot support and resistance levels. It will help you identify where a ticker is likely to reverse and the range in which a ticker is likely...
Chart Session... 🙌 Tune in to see what i will be trading for this Week! CHART TIME! Let's see what opportunities are showing 🙌 8 years of experience 🏌🏽📉 ❤️Please support by liking/boosting the stream, thank you!❤️