In this video i briefly go over a technique i use to scalp the 1 minute chart in forex This has been a very profitable way to trade for me i generally do this on the London open to close What are your thoughts........?
In this video I explain my favourite candlestick patterns and how to use them in your own trading. Here we describe: Engulfing Candles Doji Candles Hammer Candles And I explain how to use them with confluence & context of where on the chart they occur.
It's simple to understand video on how you can profit from short squeeze by swing trading using daily or hourly or any intraday time frames. this video should help you understand how trade these kind of category stocks with potential. if anything to be clarified, please do write me back. Thank you.
I want you to remember how it felt being in a "Bear Market" environment and the opportunities you missed out on as you see these insane Altcoin Pumps going off around you. Getting rich in crypto is not the most difficult, but it is the most testing of your resolve and what risks you are willing to make for that financial freedom. Trade safe, HODL on and...
In this video, I show my most recent indicator that I have created which spots reversal zones based on stochastic RSI indicator combined with MACD indicator. Potential buy zones are indicated with green columns printed on the chart, and sell zones are in red. a signal is more powerful and accurate whenever its surrounded by black bars before or after.
In economics, the law of demand states that the quantity demanded and the price of a good or service is inversely related, other things remaining constant. Therefore, the demand curve will generally be downward sloping, indicating the negative relationship between the price of a good or service and the quantity demanded. We're mentioning about demand, so you know...
As you can see in the chart the targets for the triangle and wedge were very accurate after the breakout. Triangle target = triangle height Wedge target = wedge height
Sometimes a series of HIGHS or LOW have virtually the same PRICE, … So what can a TRADER do ??? First a little back ground, In real simplified terms; The prices printed on the Russel Index (or any Index or stock) represents the Russel’s “intrinsic value” multiplied by the “relative value” of the dollar. Therefor the background price action of the dollar...
Hey traders, I receive dozens of questions each and every day concerning the topics to study to become an expert in technical analysis. Here I have collected the main subjects that, in my view, are essential for successful trading. *the order of the topics is spontaneous and there is no logical sequence 1️⃣ - Candlestick patterns To me, candlesticks are...
A "Dragonfly" doji: Depicts a time period on which prices opened high, sold off, and then returned to the opening price. Dragonflies are fairly infrequent, but when seen on hourly, 4 hour or higher would consider trading them to the bullish side. When they do occur, however, they often resolve bullishly (provided the Forex pair is not already overbought as...
Breakouts Violation of Trend Line, Support or Resistance, or previous reversal point. It signifies that a change in buyer and seller behavior and signals the beginning or end of a trend. See chart for more visual clues on how to trade this: 1:4 risk reward would have worked on this trade or 20 pip stop vs 80 pip target+.
Hello Traders. Welcome to Chapter 4.5, where we will be learning about the "Fibonacci Ratio Lengths and Motive Wave Multiples" in Elliott Waves. This chapter dives into how we can determine the target for the next impulse wave. This one is an extremely important chapter if you want to primarily find the next possible targets for each consecutive wave. I have made...
Understanding the hidden meaning behind FX candlesticks is paramount if you intend to become consistently profitable. 1) The Pin Bar (reversal or continuation candlestick pattern)- The pin bar is my favorite of the three. These patterns consist of the following characteristics. *Tail, which should be at least two-thirds of the entire candle *The body, which is...
Harami and Harami Cross Candlestick Patterns. This reversal pattern is on my top 3 best, on 1 hour or higher time frames. Harami in Japanese language means pregnant. This pattern forms by two candlesticks, the first one is bigger and the other one is smaller. The smaller candlestick is completely engulfed by the body of the first candlestick. It looks like a...
150 is the 10 week sma and multi year support/resistance and 144 is 20 sma. both of these levels will be a buying level. so strategy should be buy the dips although a bearish gartley has formed. view to be changed below 150 for 144.
Hello Traders. Welcome to Chapter 4.2, where we will be learning about channeling in Elliott Waves (also known as, parallel channels) - something that many of you are probably already doing in your daily technical analysis, but probably have not known that it could be used within the Elliott Wave theory. This method is going to give us an extra edge when it comes...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* My team has decided to use a recent failed trade as an example of the...