QM(Quasimodo pattern) patterns are one of the easiest patterns to identify during market structure analysis. These patterns always form during a market reversal and you can also sometimes find them on supply and demand areas. They usually form at the end of an uptrend or downtrend.
Hey traders, 🔝Top-Down analysis is one of the most efficient ways to analyze & trade different financial markets. In this post, we will discuss the time frames to watch and the main steps to go through to execute a Top-Down trading strategy properly. Being a Top-Down trader your task is to assess the global market perspective and identify the zones, the areas...
This week was a bit of a sad week for me but despite that i logged on to trading view to find a good stock to trade watch this video to see which stock i found Take care, lubosiforex
Introduction: Anchoring in Unfamiliar Waters Raise the Jolly Roger, folks! We’re setting sail into unexplored waters today. The stock market can be as unpredictable as the seven seas, and every now and then, you need a little treasure map to help navigate through the tempest. Virgin Points of Control, or VPOCs, are like the hidden coves full of buried treasure....
Hi Everyone, This tutorial is a live backtest demonstration of a basic Dynamic DCA strategy using my Bitcoin Risk Metric and how it performed in the 2018-2021 BTC market cycle. The risk metric quantifies the risk of buying BTC at any given time, highlighting periods of overvaluation and undervaluation. A Dynamic DCA strategy allows the user to: Accumulate...
Trade what you see, not what you feel. Human are emotional creatures. Believe it or not, I had attitude problems in the past. I get angry easily and this is a bad trait to be a trader. In the beginning when I was still a noob, I would fund a live account without learning how to trade properly. I buy and sell base off moving average, RSI, MACD, and signals. You...
Hello traders, today we will talk about WHY TRADERS LOSE MONEY BIAS WHAT IT MEANS… HOW IT INFLUENCES TRADERS Availability People estimate the likelihood of an event based on how easily it can be recalled. Traders put too much emphasis on their most recent trades and let recent results interfere with their trading decisions. After a loss, traders often get...
Today, I want to provide with you an essay that will clarify just how far you should push your trading perfectionism. There is no ideal trading technique, to put it succinctly and painfully. Losses will be a part of life. Yes, there are High Frequency Trading (HFT) outfits that have been producing successful days after successful days for the past five years, but...
Once upon a time, within the bustling boulevards of Amsterdam amid the 17th century, a progressive thought was born. Dealers assembled in coffeehouses and marketplaces, trading offers of the Dutch East India Company. This was the birth of stock exchanging as we know it nowadays. Word of this modern frame of venture spread like rapidly spreading fire, and before...
f you are relatively new to trading crypto currencies, then this tutorial is what you need. In this tutorial, I will try to explain how you can use crypto to grow your capital consistently everyday. Don’t just Hodl Hodling (a.k.a. holding currencies) is the strategy of buying some crypto asset (e.g. Litecoin) and holding it for many days, weeks, months or even...
This tutorial aims to demonstrate my approach to the market, focusing specifically on identifying explosive moves while exercising caution and preserving capital by staying out of the market when trade setups fail to materialize. This aspect constitutes approximately 80% of my overall strategy. While I won't delve into the specific details of why my chart is laid...
Hello dear @TradingView community! Are you familiar with the ABCD pattern? The ABCD pattern is a highly effective tool utilized in trading to identify potential opportunities across diverse markets, including forex, stocks, cryptocurrencies, and futures. This pattern takes the form of a visual and geometric arrangement, characterized by three consecutive price...
📍Price action trading refers to the analysis of raw price movements in order to understand and predict future market trends and price movements. By focusing on price movements, traders gain a deeper understanding of market fluctuations and can make more informed trading decisions. The strategy can be applied to trading gold and forex, two of the most popular...
First let me tell you. NO you should not feel thrill when you take a profit. NO you should not feel thrill when you are on a winning streak. NO you should not feel thrill after a day, week or month of upside. But I’m not going to be a wet blanket. As a trader, including me, there are times to feel thrill. Trading is a process, it’s a lifestyle, it’s a game,...
The Donchian Channel indicator is a powerful tool that’s been employed by traders around the globe for decades. What does it stand for, and how do traders use it? In this guide, we’ll break down the components of Donchian Channels, how to interpret them, and offer a sample strategy that you can get started with right away. What Is the Donchian Channel...
Ahoy, fellow traders! So you’re itching to become the Captain Jack Sparrow of trading, eh? Before you swashbuckle through the stock market, you need a treasure map. Enter the Initial Balance trading strategy! This nifty tool can be the compass guiding you through stormy market seas. But hold your horses, we’re not talking about a literal balance here; it's more...
Chart patterns are powerful tools that allow traders to anticipate market movements and make informed trading decisions. This trading idea focuses on mastering various price patterns to enhance trading proficiency. By gaining expertise in recognizing and interpreting chart patterns, traders can identify high-probability trade setups, optimize entry and exit...
Introduction In any field, including trading, feedback plays a vital role in personal and professional development. Post-trade analysis serves as a crucial feedback mechanism for traders, providing insights into their decision-making, strategies, and overall performance. It goes beyond trade results, emphasizing the importance of rational and systematic trading...