Introduction: The trading strategy "Choch Entry & Liquidity Model" has emerged as an innovative model in the financial domain, focusing on market entry and liquidity. This approach is built upon key principles aimed at maximizing returns and effectively managing risk. Fundamental Principles: The strategy relies on an entry approach known as "Choch Entry," which...
I'd like to take the time to tell my story and how I started trading. In 2016, I was in the US Navy busting my ass doing manual labor. It was then that I realized that I was tired of working for "the man" and I needed to change how I was going to make money for the rest of my life. I started researching investments and I learned how difficult it was to manage my...
Introduction In the dynamic and intricate world of commodities, Gold Futures shine as a versatile and compelling instrument for traders. As 2024 unfolds, these futures don't just reflect market trends; they narrate the story of global economic shifts. This analysis will explore the nuanced interplay between Gold Futures and Bollinger Bands®, offering traders a...
Took successful buys on gold after price broke resistance, waited for a pullback and entered anticipating price to move up with Asian volume. Looked to target a 4hr wickfill and stops were placed below the previous 30m candle.
The Forex market (FX), or foreign exchange market, represents a vast and dynamic space in which currencies are traded daily. Serving as the largest financial market in the world—trading in the Forex market reached US$7.5 trillion per day in April 2022, according to the Bank for International Settlements (BLS)—the Forex market delivers clear and actionable trends...
In this article, you'll learn about six of the most critical and "hottest" elements that make up or are associated with AI today. In addition, you'll learn the basics of the tools that will shape the future of trading. First in the biggest and wealthiest funds and then in smaller ones as well. I invite you to take a journey into this near and far future of...
The main purpose of my resources is free, actionable education for anyone who wants to learn trading. Consider following the attached links for improvement of your mental and technical trading skills - learn from hundreds of videos featuring the real story and growth of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad...
live trading looking for time and space concept documentation with commentary
In forex trading, currency correlation and diversification strategies are vital tools for managing risk and optimising returns. This article explores the nuances of these techniques, providing traders with insights to navigate the forex market effectively using currency correlation. Understanding Forex Correlation and Diversification In forex trading,...
Introduction In the complex and multifaceted world of economic indicators, initial jobless claims hold a special place. As a measure of the number of individuals filing for unemployment benefits for the first time, this statistic offers a real-time glimpse into the health of the labor market, which in turn is a vital component of the overall economic landscape....
All participants in forex trading sooner or later leave an open position overnight. Most often, beginners do not have access to impressive sums of money as initial capital, so they actively use leverage. Although it carries a lot of risk, it gives an opportunity to earn good money trading currency pairs in a relatively short period of time. Around midnight,...
Price eventually comes back to an older price. Similar to a return to mean strategy. Today: Simplify the strategy to ease future knn integration. (2) Small PineScript doubts are welcome.
As someone actively engaged in the academic study of psychology and conducting ongoing research on trading psychology, I am eager to share my accumulated insights with you. Over the years, my dedicated exploration of this field has equipped me with valuable knowledge. I hope you find the findings presented here beneficial to your understanding of trading...
Due to the great popularity of the Smart Money Concept approach, traders around the world are learning how to identify Order Block in the best way possible. Although there are different variations of the approach, the logic remains the same - accurately identifying a large limit volume in order to get the best entry point and catch the movement of a major...
Lesson 5 - The Importance of Confluence This video explains what is confluence in trading, identifies confluence structural elements and provides guidance on how to put all the pieces of the puzzle together to increase trading success rate.
Backtesting results for EURAUD DT/ DB + VWAP Strategy (Found at ) Dec Trade 1 (Asian Session) Loss -0.5% Total - 0.5% Dec Trade 2 (London Session) Loss -0.5% Total -1% Dec Trade 3 (Late London Session) Gain 0.89% Total -0.11% Dec Trade 4 Loss -0.5% Total -0.61% Dec Trade 5 Loss -0.5% Total -1.11 Dec Trade 6 Gain 0.73 Total -0.38% Dec Trade 7 Loss...
Mastering the Art of Identifying Support and Resistance Levels in Forex Trading 📈💰 ✅In the world of forex trading, support and resistance levels play a crucial role in understanding market dynamics and making informed decisions. These key levels indicate areas where the price of a currency pair is likely to encounter obstacles, either in its upward or downward...
Ethereum Classic (ETC) and Ethereum (ETH), two prominent cryptocurrencies, often find themselves compared due to their shared history. An intriguing aspect of their comparison is the formation of a similar liquidity pool from below, providing valuable insights into their respective price actions. 📉 Common Liquidity Pool Formation: Both ETC and ETH experienced the...