Happy Sunday Traders!
In todays video we go over 3 mindset tips for elite day trading!
Watch the short video below to understand this better, but here they are anyway:
BE OPEN MINDED
Let the market be your guide (price action)
Wait until you feel the market (day trading)
Be just as ready to buy, as you are to sell
CONTROLED AGGRESSION
Know what an A+ setup is,...
Hello Traders and Investors,
Today I want to talk about some of the important metrics pertaining to a live trading statement that you should assess before considering which traders to copy. For those of you that are not familiar with copy trading, it's the most revolutionized way for investors and traders to safely invest with professional traders in 2022.
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Hello Traders. Welcome to this Post about How to properly Trade Chart Patterns. In this post first post we will talk about how to find it. Make sure to follow for more content
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How to Draw it ?
You just need to start with current price on the chart . Then look left and down until you find the origin of a very strong drop in price or rally in the price....
One of the biggest things you should understand as a trader is prices don’t just go up and down (well, maybe on a really small timeframe they’re more chaotic). They’re usually backed by some actions, data and things happening in other markets. This all creates general economic tendencies. But how do we know what affects dollar/currency pair and how? Well, here is...
Traders randomly wake up and call it quits. Well, I was this close to becoming these traders until…
“Mail’s here!”… A man in orange pants and blue collars—brings a letter for me. “What could it be?”, I thought. Took a cutter out the kitchen’s cabinet and tore it open—It read, “Hey sweetie, if you’re reading this, I’m probably dead”… Tears rushed down my cheek...
Hello everyone!
Liquidity is the main force that moves all markets, understand it well, and everything becomes clearer...
Liquidity, simply, is "where orders are resting". Sometimes it is clear, other times not. So you have to look really well into where we have relative equal highs (sell-side) or lows (buy-side).Does that mean to jump into buying below relative...
The Cup and Handle pattern was developed and popularized by William J. 0’Neil in the 1980s
through his CANSLIM methodology, Investors Business Daily newspaper and his book 'How to Make Money
in Stocks.'
Cup and Handle pattern resembles a Cup with a Handle. Cup and Handle patterns are continuation
patterns, and they usually form in bullish trends. Most Cup...
This kind of price action happens all the time, you just have to spot it while it's happening so that you can plan your trade and execute. I have put this together to give you an idea of the type of things I look for in the hope that it can help you too.
Once price action has made a clear impulse to the upsides and taking out previous structure that's our first...
I have found extreme success with this strategy in day trading. I use it every day I trade and is most certainly the best strategy I use. Below are the details, feel free to comment if you have any questions.
Name: Opening Range Breakout
Target Stocks: This strategy is a momentum strategy so stocks with above average volume work very well. Look for stocks with...
The gold market is open 23 hours a day for trading and this gives traders across the globe flexibility to trade at anytime they want.
The significant 3 sessions are TOKYO , LONDON and NEW YORK
Its important to understand when these cities operate for business, as they are the big movers for the market. Naturally the action will take place when these...
These days everyone talks about inflation, Hyperinflation, Stagflation,..etc.
You may want to know how you could protect yourself in the high inflation era?
What would be the best assets?
What are the measures governments would take to control inflation?
What is the definition of Inflation, Hyperinflation, Stagflation?
What history tells us about high...
Hello everyone:
I received positive feedback on the last video on how to analyze the market from scratch,
and many have told me to make more of these similar contents. So here we go :)
I will go through multiple examples of how I would analyze the market by following these simple steps:
Multi-time frame analysis (Top Down Approach) Start from HTF to...
Pitchfork tutorial
On oil
But could be on anything
Major pivots ABC
high low high
or
low high low
Using tradingview's excellent pitchfork tools
GRI 2022
I begin each year reviewing the long term technical positions of the "Big Four." 10 Year rates, SPX, Commodities, and the US Dollar. This is the third of the series. Granted, macro doesn’t typically impact shorter term (swing, daily and weekly) trading, but developing a broad framework to build understanding of market context and to help recognize change in the...
This article is continuation to the series of educational articles on basic fundamentals in regards to particular asset classes.
If you have not read our previous article on stocks, feel welcome to do so:
In order to read the article click on the chart above.
Commodities are basic goods used in commerce that are interchangeable with other goods of the same...
I see many people speaking about "The Death Cross" that's just appearing on the Bitcoin chart. The Cross brings some fear with it, and I can't just understand why, since it's not really a concerning one. But let me explain.
A Death Cross is only strong and meaningful as long as Both SMA (50 & 200) are pointing to the downside - both SMA need to be declining. Many...
ONLY EDUCATIONAL
The "Death Cross" pattern is one of the most effective technical instruments in identifying a major trend reversal in any stock/index. Simply put, it explains how the negative convergence of moving averages impacts the upward trend and pushes prices into a bearish phase.
Key : The Death Cross having more moving averages converging together...
in every channel's there are wedges forming while the trend is reaching a support or resistance line(blue line) P.S I draw that line 1 year ago.
with getting close to that level we can see that the market is going to loose energy that's the time we must open a position or close it(red number 3 in the chart was a good time to close long that's what I did)
don't...
