Check out the trade plan for USDLKR today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you! We have seen an 83% of boost in the USD/LKR Pair since March 2022. Here I have attached the chart and update for reference👇🏻 Sri Lanka pegged in both directions...
What Is An Imbalance, Fair Value Gap (ICT on YouTube) and/or inefficiency in price (all the same thing) An imbalance can be defined as an imbalance between buyers and sellers. A bullish imbalance has more buyers behind it and a bearish imbalance has more sellers behind it. When you see an impulsive move to the upside or downside in the market with no wicks...
Hello friends. Along with the merge, there was a brand new shitcoin released to the market. ETH Proof Of Work. This coin crashed instantly since the majority of traders sold all of their airdropped tokens, and has only now started to make a comeback. The people who bought this coin are already very deep underwater, and it is in a very strong downtrend on the...
In trading the trend line, wait for a candlestick to close above the trend line. Set stop loss at EMA 20 Price Value. Set Entry at breakout candlestick closing price. Set Target at horizontal support and resistance level.
There are 2 main types of markets categories from which derives the rest: 1. Centralized - A centralized market is structured in a way that allows all orders (purchase and sale) to be transferred to a central exchange, and to be transparent for traders. 2. Decentralized - Exactly the opposite of a centralized market. There is no main authority to deal with...
KUCOIN:INJUSDT Above diagram is a simple graphic of a Long trend cycle. CONTRACTION - EXPANSION - TREND. Prices tighten into a sideways corrective environment to the point of almost stoppage (This is where the phenomena of frozen candles pre break occurs) once a fair and true value has been confirmed by the market it breaks out into an expansion phase which...
this video tutorial is about reading a price chart, identifying bullish and bearish zones and rotating zones.
the topic important thing Gold falls to its lowest level in two and a half years, with the rise of the dollar and the returns of the treasury. Bank of America: Global government bonds are heading for the worst losses since 1949 The dollar index exceeds 113.2 points for the first time since 2002 Goldman Sachs: Inflation has proven to be more stable than...
Pound dropped 23% against JMD in 7 months. A stronger dollar for little third world country is not good overall. This will attract less exports as it is more expensive for foreign countries to buy products or exports from the country. In addition, tourism, which the country's biggest contributor to its GDP. Apparently tourism earns over 50% if the country's total...
Ralph Nelson Elliott acknowledged 9 degrees of waves from the Grand Super Cycle degree which is found in weekly and monthly time frame to the Sub-minute degree which is found in the hourly time frame. He labelled them as below mentioned. 1 Grand Super Cycle 2 Super Cycle 3 Cycle 4 Primary 5 Intermediate 6 Minor 7 Minute 8 Minuette 9 Sub-Minuette It is a good...
If I had to choose one (and only one) indicator to use for the rest of my life, it would most certainly be the Relative Strength Index (RSI). Anyone who's spent more than 30 seconds on TradingView understands, in the most basic sense, that RSI indicates when an asset is over- or undervalued (overbought or oversold). But this delicious little oscillator can do a...
Leverage allows you to potentially trade more money than you have in your current account. Your broker gives you a loan of 1:10 up to 1:50 leverage for your trading, in the U.S.A. (see chart attached). You can change all amounts and % per trade on the chart. Remember less leverage you put down on a trade, the higher margin (deposit or cash out of your account...
This video explains 3 concepts, technical, fundamental and sentiment analysis. All three were used as a solid confluence which gave a remarkable 500+ pips move.
This video contains before and after, of my analysis ffor the week and reasons why i got in when i did. every step is well explained and detailed
KUCOIN:BTCUSDT Here you are looking at how a market switches from short to long and in doing so increasing it’s true value. You will be now able to find some peace finally knowing where the pain ends with BTC and this internally impulsive bear market corrective cycle. BTC ended a previous cycle after heavy selling to satisfy the true and fair contraction...
These type of mentality is very often between traders, and this happens when the time period, that the traders is focusing is short, and it is relative to small sample of trades. A single trade, can not define you as a wining or loosing trader, but long term performances and consistency is what matter the most. Best way to cope with negative mindset in trading is...
Hi Traders Try Trident Algo Swing indicator i use it on 30 min chart one chart VIX, SPX on other. nothing realy to config on indicator settings, u can disable some funtion if its to messy. Here u can see todays action on VIX. Good Luck
Before giving you false hope, this strategy, like any other, will not have a 100% wining ratio. But, with a RR of about 1:2, and a wining rate of 40%, it will make money long term. A tested wining percentage is around 60% depending on market conditions. Time frame : 4h Indicators used: - Renko chart - Cumulative Delta - RSI - OBV - Moving average...