Chart labeling was inspired from Nordea Bank. 1. USD Appreciation : when the US out performe the rest of the world. 2. USD Depreciation : when Synchronised Global Growth. 3. USD Appreciation : when the US is in recession or Synchronised Slowdown.
The more confluences you have, the more confident you are in the fact that your technical setup will play out according to the plan. Confluences come in different shapes and styles, whether it is combining some Moving Averages and Bollinger Bands with price action, or having your grandma flip a coin a decide the faith of Bitcoin. On the graphical illustration...
‼️ The price can simply be found in one of the 3 phases below: 1.In a CONSOLIDATION 2.In an UPTREND 3.In a DOWNTREND The bullish market is characterized by making Higher Highs and Higher Lows, but this characterization is not enough, it is necessary to say that bullish markets are always breaking swing Highs and respecting swing lows. The fact that the price...
‼️ Imbalances are also known as inefficiencies or FVG (Fair Value Gaps) these are periods in price action whereby means of lopsided order flow, which create porous wakes or gaps in fills. The market will slip to the only available trade levels as a result of thin liquidity and these voids in liquidity will be revisited at a later stage. The market will seek to...
‼️ Order Blocks are candles where Market Makers (Banks) have placed their positions, generally, the market returns to those candles and they are never violated. There're 2 types of Order Blocks: 1. The Bullish Order Block is the last bearish candle before the bullish movement, that Break The Market Structure Higher. Represents a high possibility of holding the...
‼️ Forex traders use Fibonacci retracements to pinpoint where to place orders for market entry, taking profits and stop-loss orders. Fibonacci levels are commonly used in forex trading to identify and trade off support and resistance levels. After a significant price movement up or down, the new support and resistance levels are often at or near these trend lines...
🌟 The picture of the wedge pattern is beautiful, but you have to understand how to trade in Real Life! In this idea I will try to teach you how to enter the trade and what to look for. The descending wedge is a bullish pattern. On the chart you can see how it works on Bitcoin. Over the past year, it has worked well in 3 out of 3 trades. 🎓What is the wedge?...
PURELY ENTERTAINMENT PURPOSES Super simple US30 Order Block 15m time frame strategy. This is a very, very simple example. Have a play and see what you think! Also workable on other instruments.
Wonder why the market respected the Price Action move in Sep 6th 2021.
I want to procced to share my knowledge with you, guys Now we can see the correction and waiting for pump It's very clear moment for real. Check my last idea to know all the course of major players behavior. Have a nice education with me here😉
Today i want to proceed my sharing of my knowlege about the behavior of large players in the market, how to notice them and how to use it. So on this example of BTC we can see the candle that activated those stops of the major players that we talked about in the previous two parts of this tutorial. This candle staying on the circled zone that we talked about last...
How to understand WHY we do What we do in Trading! ATTENTION: No Charts, No Analysis - we are going to talk about YOU! Yes, YOU!
Ludwig v. Mises tells us that sound money is an indispensable line of defense of people's liberties against the encroachment on the part of the state and that sound money is a kind of money that is not dictated by the state but is chosen by the people in the free marketplace. The world we find ourselves in is a rather different place. Our monies—be it the US...
FOMO is a phenomenon that can even effects the trading of professional and experienced traders! FOMO is the acronym for the “fear of missing out”, which refers to the feeling of anxiety or uneasiness you get when other people are sharing in a positive or unique experience while you are missing out. The phenomenon has been magnified with the advent of social...
This is just a for fun post! My mother always told me in high school, it was important to get educated because it will forever change your perspective of the world. And you know? She was right! As someone who has been a professional student since graduating high school and made multiple career changes, from nurse to lawyer, to statistician to day trader (and...
Some traders try to watch Level 2 data to discern when the large-lot orders come through to get an idea of when the big institutions are accumulating in the Dark Pools, but you really don’t need that. Plus, whether that’s accurate is questionable since Dark Pool transactions are reported way after they were transacted. “Dark Pool buy zones” is a term I coined...
The last time that the DXY index crossed the 104 ,was after the stock market bubble burst in 2000! Usually when the dollar goes up, equity and crypto and other assets decline in value - there is an inverse relationship...realizing that the stock or crypto market is currently at levels where some are calling for a bear market must always consider unexpected...
First I am going to show and explain you why volatility is the king when you are trying to do Technical Analysis and then I will teach you how to make use it of it and incorporate it into your trading plan.