Welcome Back Traders! In this education idea, I explain how to improve your trading bias, by knowing when to change it based on the movement of price action. Please support this education with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like our trade ideas and education content delivered straight to your email in the...
What brings the consistent profits in trading? Talking to hundreds of struggling traders from different parts of the globe, I realized that there are the common misconceptions concerning that subject. In this educational article, we will discuss what really will make you profitable in trading. 🔔The first thing that 99% of struggling traders are looking for is...
Day trading refers to a style of trading where the trader buys and sells a financial instrument within the same day, or even multiple times a day. With the right strategy and knowledge, you can take advantage of small price movements in the currency exchange market to earn a potential profit. However, it takes a lot of practice and dedication to become...
THE BASICS: Here is a close up of the Ichimoku Kinkō Hyō indicator: Many people do not know that the Ichimoku Kinkō Hyō cloud system has its own Number, Wave, Target Price and Timespan Theories. After years of study, the numbers that Goichi Hosoda choose for his system are 9, 17, 26 as the basic numbers with 33, 42, 65, 76, 129 and 200~257. These numbers are...
Speaker: Roman Osintsev. Active trader since 2016. He has extensive experience in trading on futures and shares of the US stock market. Professional scalper of the crypto futures market since 2019. Personal record: 1300% per month.
Forex trading can be a profitable and exciting way to invest money, but it also requires discipline and patience to succeed. The key to becoming a successful forex trader is to only take the best setups and to stay disciplined in your trading approach. The first step to staying disciplined in your forex trading is to have a solid trading plan. A trading plan...
Price must sweep a previous low/high. after the sweep wait for price to close above or below the recent high/low. enter on the 15 minute fvg near the midnight open price. place your stop loss at the fvg end or below/above the O.B.
📍Creating a trading plan and trading journal are two important steps in developing a successful trading strategy. Backtesting is also a crucial component of any trading plan. Here are the steps you can follow to create a trading plan, trading journal, and backtest your strategy. 🔷Define Your Goals and Risk Tolerance The first step in creating a trading plan is...
Are you looking for a new way to analyze the markets and identify trends? Heiken Ashi is a powerful charting technique that can help you do just that. It provides traders with an easy-to-read visual representation of price movements that can be used to make more informed trading decisions. In this blog post, we'll cover what Heiken Ashi is, why it's so beneficial,...
Are you looking to add harmonic patterns to your trading arsenal? You can try the Crab pattern. In this article, we’ll explore the basics of Crab patterns, the key rules and requirements you should be aware of, and learn how to use this versatile tool across all markets. About the Crab Pattern The Crab pattern is a harmonic pattern used in technical analysis...
You have been studying the charts, watching YouTube and courses videos, and reading the content from BabyPips for a few weeks or even months now. You're getting lost with so much information out there in the Internet. You come across many different terms like smart money concept, ICT, Wyckoff, Elliott Wave and supply and demand. You have no idea on what you...
Like anyone else on Earth, I’ve had successes (and failures) in years past, at both the personal and professional level. If you’re scoring at home, that’s called being a human being. I can probably make a case that failure is more important than success in many respects because you can’t really succeed unless you’ve truly inhaled your failures (own it!) and...
Are you familiar with the ABCD trading pattern? In this article, I will provide a comprehensive explanation of the ABCD trading pattern, including its characteristics, how to identify it, and how to use it in trading. So, sit back, relax, and enjoy the information provided in this article. The ABCD ( AB=CD ) pattern , It's a harmonic pattern that is easily...
#Viking #Whipsaw #bulltrap #beartrap Recent financial market seems to be distinctively perplexing and bizarre, often leaving us traders in a state of confusion. Ultimately, our job as traders is to structure market fluctuations, which occur with certain probabilities, into trends and Price Actions based on time and price. The so-called scam moves and abnormal...
Forex and indices are two popular investment options for traders. While both markets have their own unique features and advantages, it can be difficult to determine which one is better. In this blog post, we'll take a closer look at forex and indices to help you make an informed decision. Forex, or foreign exchange, is the market where currencies are traded. It's...
My experience. I started trading futures over two years ago. During this time, I went through all the circles of trading hell. I searched for myself, selected my trading style, put together a trading system bit by bit. Merged. I accumulated personal experience, bit by bit collected information in books in order to get even a millimeter closer to...
The True Strength Index (TSI) is a powerful momentum oscillator that enables traders to identify potential trade opportunities by measuring the strength of a trend. This unique indicator is based on double-smoothed price changes, providing a more accurate representation of momentum in its truest form . In this blog post, we will delve into the world of TSI,...