Hello everyone! We continue our training. Today we will try to figure out how the trend changes its direction. I want to say right away that this is a schematic designation, having understood which, you will be able to identify important zones and structures of trend change. When you understand the principles, then you can make money on it. Accumulation The...
You should make sure that your reward is bigger than your risk. It is up to you what your optimal risk to reward should be – ideally you should have a risk to reward of 1:2 or 1:3. ✔️Trendline Reversal & Break The trader should constantly monitor both the support and resistance trendlines and redraw them as the old ones break and new ones form. When an...
📊What is market structure? Market structure is the levels that are created by the price of any currency as it moves up and down. Price never moves in a single direction for too long. It always takes a few steps in one direction, then moves a few steps back, then a few more steps, then a few steps back. Over time, these steps form distinct structures in the...
Currently, the forex market offers numerous different tools to improve trading. Experts in financial markets develop both simple trading strategies, which will be convenient for novice traders, and complex systems, combining several strategies. Besides, experienced participants in the market develop their own strategies for their trading. They base their systems...
A cup and handle is a technical analysis pattern that appears on a chart as a U-shaped pattern, followed by a small downward drift, resembling a handle. It is important to note that like all technical analysis patterns, the cup and handle pattern is not a guarantee of future price movements and should be used in conjunction with other analysis techniques. 📈Cup...
Aside of the usual things ie waves & levels, being on a given resolution, mainly we are interested in the direction in which trading activity develops (so called, trend, gradient, slope etc). It is not exactly necessary if you follow a vehicle on every resolution, this way you always know the direction by simply understanding whether we are in low res buying wave...
Hello everyone! Today I want to discuss with you the bullish movement or bullish momentum. The topic is interesting, and most importantly profitable! Beginning of observations To begin with, we need an uptrend. If you open long positions when there is an uptrend in the market, you will make a profit more often. The best entry point will be a reversal,...
What is day trading? Day trading is the buying and selling of stocks, foreign exchange, commodities and other assets or financial derivatives during a single trading session. Traders speculate on the movement in asset prices by employing various strategies. Decades ago, day trading was undertaken only by investment firms, financial institutions, trading funds...
Hello everyone! Today I want to discuss with you the methods of trend identification. Finding a trend is an important task, because it is by trading according to the trend that you can earn a lot of money. PATTERNS Thanks to the patterns, you can understand where the price will go. There are many patterns confirming the trend: flag, pennant, wedge, and so...
This is an example of regression channel with harmonic pattern. By using Simple OHLC Custom Range Interactive, we able make confluence point (blue) to get Point X of Bullish Butterfly. There are many confluence points (orange flag and teal table), which shows Point D of Butterfly starting to complete. For Point D, best to monitor price changes using RSI or other...
This is an example of Channel Up and M Pattern (Bullish Bat). Found that M Pattern (Bullish Bat) within Channel Up. Pattern already touches PRZ (orange) and completed TP1 and TP2 (lime). Indicator used : 1. Regression Channel Alternative MTF 2. HH-LL ZZ 3. XABCD Harmonic Pattern Custom Range Interactive
Insync Trading: Analysis of the Markets Using the Insync Indicator Insync Trading is a system that uses the Insync Indicator to help traders analyze the markets. The Insync Indicator is designed to help traders keep track of price trends and volatility. The indicator can be used to help traders make informed trading decisions. image.png What is the Insync Trading...
In this video I cover how to recognize a trend change with and with out indicators. Enjoy!
HOWTO video about "Waves" script . Waves script is a implementation of trend detection done by comparing current and previous candles. It has 2 rulesets for Low and Middle trends with different trend change sensitivity. It's a great tool for trend visualization but in also hame so disadvatages like lag, a delay between high or low and trend change signal, which...
Hello guys! Take a look at how smoothly the market respects the Golden Zone on Fibonacci retracement levels. The Golden Zone or Golden Ratio is the area between 50% and 61.8% on retracement levels, which acts as a strong support zone. After an impulse, on the correction the price usually gets rejected by this zone and it continues its previous trend. However, if...
BINANCE:BTCUSDT In this post, I'll make an attempt to share everything I've learned over the Relative Strength Index (RSI) Over the past 24 months. Nothing described in this post is financial advice, it's just me, sharing thoughts and ideas with you. nb: this post is more suited for traders and investors that are already educated about the RSI...
How to take counter trade ? in this video we try to make it easy to took a counter trade (Against the trend) and to make quick money from market #nifty #priceaction #priceactiontrading #optionanalysis #banknifty #bankniftyprediction #nifty50 #niftytomorrow #niftyprediction #niftyanalysis #niftyfifty #niftytoday #niftybank #banknifty ...
The first thing to do when looking at any chart is to identify the trend. What we need mean by trend? We simply mean what direction is a market moving in? Luckily there’s only three ways a market can move - it can move up; it can move down or it can move sideways. How do we identify the trend? The definition of an up move is for higher reaction highs and higher...