Most of the traders apply multiple time frame analysis completely wrong. In the today's article, we will discuss how to properly use it and how to build the correct thinking process with that trading approach. The problem is that many traders start their analysis with lower time frames first. They build the opinion and the directional bias analyzing...
Some people don’t actually believe that they can become successful. This is deep imbedded inside their character and belief system. You can find short term success by switching trading systems. But how long does it take you to backtest a trading system? You need to a dataset of at least 100 trades and you have to tweak it to fit your personality. If no one in...
👑Price inefficiencies are also known as imbalances, gaps or voids. Healthy price action moves in a zigzag fashion, making highs and lows in line with the directional bias at any given moment. When price isn’t trending we find it consolidates, in which case highs lows are still being made. However, we may also see price move in straight lines with huge volume and...
What is an impulsive price movement? This is a situation when the market moves with great force in one or another direction, passing large distances in a short period of time. What is a corrective price movement? It is a price stop. After an impulsive movement, the price needs a rest. Unlike an impulsive movement, a corrective movement lasts long enough and is...
A discussion about today's market and how swing trades played out and how risk mamangement plays a huge part in this and needs to be respected.
As humans. It’s tough. In this day and age, it feels impossible to just focus on one task at a time. You’re already shifting your attention. As you read this! You’re thinking about: What to eat, what you’re missing on Facebook, how boring this article is going to be, what’s on TV tonight, bills you have to pay, how else can you make bread for your financial...
Discover why the concept of a trading "holy grail" is more myth than reality. Why successful trading involves understanding market uncertainties, human behavior, and adaptable strategies? Experienced traders know: there's no magical "holy grail" guaranteeing 100% profits. In truth, consistent traders recognize losses as much a part of trading as gains. Despite...
The theory of Elliott Waves, an intricate subject we've delved into in previous posts, beckons me once more to distill its essence. Let's gather the pivotal elements anew, unraveling the complexities to forge a deeper understanding. Elliott Waves exhibit fractal characteristics. Each wave possesses segments that closely resemble the entire wave, a quality known...
1. You don't know when to enter or exit your trade. You don't have a system to tell you that. You are always going from one trading strategy to another. You followed another person's analysis and signals. You don't have anything that belongs to you. You don't want to put in the work. You don't want to take responsibility from your decision. Once you have...
In the world of technical analysis, the Relative Strength Index (RSI) serves as a valuable tool for traders seeking to identify potential trend shifts and entry points. RSI divergence, a divergence between the RSI indicator and the price movement, is a powerful signal that can offer insights into upcoming price reversals. This article provides an in-depth...
How to use the search box tool for beginner traders and those new to the platform. In this session you will learn: how to access the search box, how to input symbols, how to search for symbols using relevant keywords, how to narrow your search using the asset categories and how to apply math functions.
How we have been trading Bitcoin (Daily chart) with our indicators + hand-drawn trend lines. After 10 years of R&D (we have been testing different indicators every day for a decade), we have developed our own Suite of 26 indicators. Here are just a few of them. Indicators names (from top to bottom): - Strength Shows the strength of the market, the...
ADA is showing one of the tenets of the DOW Theory. According to Dow, the market has three phases: 1) An accumulation phase 2) A public participation phase 3) A distribution phase The accumulation phase represents informed buying of the investors. The public participation phase is where the prices advance rapidly along with great news. In the distribution phase,...
Welcome to the dynamic world of trading indicators! These meticulously crafted metrics, born from the intersection of mathematics and market psychology, offer traders a distinct advantage by transforming raw market data into actionable intelligence. Join us as we embark on a journey through the top 10 trading indicators, exploring their intricacies, strengths, and...
United States - Consumer Price Index CPI-Consumer Price Index quantifies the rate of inflation (ie the rate of change in prices) from the perspective of consumers when they purchase goods and services. The upward trend has a positive effect on the country's currency, USD. The consumer price index is one of the most watched indicators by currency traders and is a...
Beginners diving into the dynamic world of cryptocurrency trading often find themselves influenced heavily by news. Eager to anticipate trends and, obviously, earn big, they hang on to every piece of information. Here’s the twist: trading based on news, more often than not, ends in heartbreak and empty pockets. 📉 But what’s the reason? 🔑 KEY QUESTIONS: How can...
Set and relax strategy is based on RSI and EMAs Big Opportunities for buying and selling The strategy is based on swing and positional trading
Hello traders❗️ This is Viktor and Strifor team❗️ We welcome you to our learning content, where we briefly talk about the main things and learn how to apply our knowledge in practical trading. The topic of today's lesson is Break Level . So, let's see what it is☝️ ❗️To get know more about levels support this video with a like and a comment, follow us and...