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Trend Analysis

Trading reversals with iFVG, swing tradeTrying to work out a strategy based on what is known as everything from an imbalance, to a single print, to a Fair Value Gap. When traders see these zones and the momentum doesn't carry on with the prevailing trend, these chart structures and patterns become great jump-off points for a reversal. The challenge is set to a risk-reward of 1:2, there is a minimum of 25 pips SL. This video is all about trying to ensure you get the best entry and you don't waste time pushing through heavy traffic.
Education
by Macrobriefing
The Mechanics Of Trading - Part VIII - Learning PatiencePart VIII I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups. Essentially, it comes down to three key components... A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length). B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low. C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend. Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated. I go over multiple techniques in this video. Fibonacci techniques and Fibonacci Price Theory Anchor Bars (breakaway bars) Using Fibonacci Retracements to identify key support/resistance levels for trending Stochastics RSI Wave formations (ZigZag) and Others This video is designed as an instructional video to help you incorporate usable techniques into your own trading style. Hope you enjoy.
CME_MINI:ES1!Education
by BradMatheny
The Mechanics Of Trading - Part VII - 2 Min ES TrendingPart VII - Applying Success/Failure & Fibonacci Price Theory I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups. Essentially, it comes down to three key components... A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length). B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low. C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend. Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated. I go over multiple techniques in this video. Fibonacci techniques and Fibonacci Price Theory Anchor Bars (breakaway bars) Using Fibonacci Retracements to identify key support/resistance levels for trending Stochastics RSI Wave formations (ZigZag) and Others This video is designed as an instructional video to help you incorporate usable techniques into your own trading style. Hope you enjoy.
CME_MINI:ES1!Education
by BradMatheny
The Mechanics Of Trading - Part VI - 2 Min ES ChartPart VI I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups. Essentially, it comes down to three key components... A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length). B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low. C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend. Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated. I go over multiple techniques in this video. Fibonacci techniques and Fibonacci Price Theory Anchor Bars (breakaway bars) Using Fibonacci Retracements to identify key support/resistance levels for trending Stochastics RSI Wave formations (ZigZag) and Others This video is designed as an instructional video to help you incorporate usable techniques into your own trading style. Hope you enjoy.
CME_MINI:ES1!Education
by BradMatheny
A Practical Guide For Candlestick Patterns!Intraday trading is a method of investing in cryptocurrencies where the trader buys and sells cryptocurrencies on the same day without any open positions left by the end of the day. Intraday traders aim to either purchase a cryptocurrency at a low price and sell it at a higher price or short-sell a cryptocurrency at a high price and buy it at a lower price within the same day. This requires a good understanding of the market and relevant information to help them make the right decisions. In the cryptocurrency market, the price of a cryptocurrency is determined by its demand and supply, among other factors. Tools such as candlestick chart patterns are very helpful to traders. We will discuss these candlestick charts and offer steps to help you read them.
Education
by CRYPTOMOJO_TA
10
Trade Like A Sniper - Episode 14 - US10Y - (3rd June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing US10Y, starting from the 3-Month chart. - R2F
TVC:US10YEducation
by Road_2_Funded
Order Blocks and Breaker Blocks and How To Trade ThemOrder Blocks and Breaker Blocks and How To Trade Them In the intricate world of trading, especially within the forex markets, understanding the mechanics behind order blocks and breaker blocks is paramount. These concepts, rooted in the actions of institutional participants, offer a window into the potential future price movements. In this article, we’ll explore what these critical areas are and how to use them effectively. What Is an Order Block in Trading? An order block, also known as a supply or demand zone, represents a significant area on the price chart where large market participants, such as banks or institutional traders, have placed substantial buy or sell orders. They’re crucial in understanding the flow and direction of an asset, as they often precede notable movements in price. Particularly in the realm of forex, where the magnitude of transactions can be immense, identifying these zones can provide traders with a strategic edge. A bullish order block, or demand zone, is identified during a downward price movement and is the area where the last bearish candle before a substantial upward price movement occurs. This indicates that institutional buyers are stepping in, absorbing sell orders, and preparing to push the price higher. Traders eyeing bullish order blocks anticipate these areas as potential points of interest where price may find support, thus offering a strategic entry point for long positions. Conversely, a bearish order block, or supply zone, is found during an upward price movement and is characterised by the area where the last bullish candle appears before a significant downward price shift. This suggests that institutional sellers are overwhelming buyers, likely leading to a decrease in price. Bearish order blocks signal potential resistance zones, presenting opportunities to enter short positions in anticipation of a downward price trajectory. In both instances, they typically create an impulse move that breaks a nearby high or low to continue or start a given trend. When the market returns to these areas, they often prompt a reversal of the short-term trend and a continuation of a higher timeframe trend. Order blocks in forex are particularly telling due to the high market liquidity and the sheer volume of trades. Recognising these areas allows traders to align their strategies with the likely actions of major institutional players, potentially leading to more informed and effective trade decisions. Why Order Blocks Work These blocks work because they tap into the underlying dynamics of supply and demand, reflecting the actions of large institutional players whose trades can significantly impact price direction. They’re essentially snapshots of where significant buying or selling pressure has accumulated, offering clues to future price movements. When a market approaches a supply or demand zone, the likelihood of a reaction—whether it's a continuation or reversal of the trend—increases because these levels are where institutional traders have previously shown interest, either by initiating large positions or placing take-profit orders. Finding and Using Order Blocks Now, let’s take a closer look at how to identify and use order blocks for trading. Identifying Order Blocks Traders often start by analysing historical price charts to locate order blocks. Typically, these are found where there was significant trading activity, often in the form of a consolidation, followed by a strong directional price move. A bullish order block is where the last bearish candle in a downtrend occurred before a sharp rise. Conversely, in a bearish order block, traders identify the last bullish candle before a significant fall. Note that order block candles visible on a higher timeframe tend to be more probable. Similarly, a small high-low range on a lower timeframe would appear as a single candlestick on a higher timeframe, meaning that the entire range can be plotted as a supply or demand zone. To have a go at spotting your own order blocks, head over to FXOpen’s free TickTrader platform and interact with our real-time charts. Incorporating Order Blocks into a Trading Strategy Incorporating order blocks into a strategy involves observing how the price behaves as it approaches these marked areas. Traders typically watch for price reactions near these zones, using them as indicators of potential entry or exit points. For instance, a price bounce off a demand zone may signal a good opportunity to go long, anticipating upward momentum as institutional interest possibly resurfaces. Traders might also combine these areas with indicators and other analysis tools, such as moving averages or Fibonacci retracements, to validate their signals. This multi-faceted approach helps in fine-tuning entry and exit strategies, potentially increasing the likelihood of effective trades. Risk Management As with any strategy, it's crucial to practise sound risk management when trading with order blocks. Traders often set stop-losses just outside the zone with the assumption that institutional players won’t let the market trade beyond this point. However, when these zones fail, they become known as breaker blocks. Understanding Breaker Blocks in Forex In the realm of forex, understanding the concept of breaker blocks can be crucial when it comes to identifying potential reversals and continuations in trends. Breaker blocks emerge from the failure of order blocks. When these supply or demand zones do not hold, and the market structure shifts, breaker blocks are formed, marking significant levels to watch. A bearish breaker block occurs after a bullish order block fails. This typically happens when there's an upward trend, and a certain level that was expected to support the market's rise instead gives way, leading to a sharp decline. This decline indicates that sellers have overcome the buyers, absorbing liquidity and shifting the sentiment from bullish to bearish. Conversely, a bullish breaker block is formed from the failure of a bearish order block. In a downtrend, when a level that was expected to act as resistance is breached, and the price shoots up, it signifies that buyers have taken control, overpowering the sellers. In both scenarios, price often retraces to the failed zone before continuing the newly formed trend. Finding and Using Breaker Blocks To harness the power of breakers, traders adeptly identify these pivotal points and integrate them into a coherent strategy. Identifying Breaker Blocks The first step involves scrutinising price charts for significant reversals that follow the failure of established supply or demand zones. A bearish breaker block, for instance, would be marked by a sudden decline after a bullish trend fails to sustain, trading through a bullish order block, and vice versa. The most notable breaker blocks are often the order blocks that stand out visually or would need to stay intact if a given trend is to continue. When they fail, they can then be plotted as a valid horizontal level to look for a retracement before a potential move away. Strategic Application Once identified, these zones can be strategically employed as markers for potential trade entries. For a bearish breaker, traders might consider short positions, anticipating further declines as price retests and rejects the previously failed support level. Conversely, a bullish breaker suggests a potential long position as the market may continue to rise, having breached a significant resistance. Combining Order Blocks and Breakers Combining these two ideas offers a nuanced approach to forex, especially when integrating the concept of liquidity voids or fair value gaps. These gaps occur when the price makes an impulsive move away from an order block without retracing, potentially marking areas for future reversals. This strategy shines in trending assets, where the directional momentum aligns with the formation of these critical zones, offering potential entry and exit signals. Trending and Ranging Markets In a trending market, order blocks that prompt sharp price movements away can be key areas to mark for a trend reversal. These marked zones can indicate where significant buying or selling pressure originated, offering potential entry points. However, it's essential to recognise that in a ranging or consolidating market, they might not hold as expected. The Role of Breaker Blocks When institutional interests shift, leading to the failure of an order block to act as support or resistance, this is where breaker blocks come into play, becoming a critical level to watch. Particularly after a sudden move, if a supply or demand zone ripe for reversal is now too far away to see an immediate retracement, the breaker serves as a strategic entry point ahead of a trend continuation. Setting Market Direction with Breaker Blocks Breaker blocks not only signal potential entry points but also help set market direction. The breach of an order block by price action indicates a strong likelihood that the asset will continue in that direction, underscoring a shift in institutional interest. When price trades through an order block, showing no signs of halting, it suggests a path for the trend, offering traders insight into the prevailing momentum. Limitations of Order and Breaker Blocks While order and breaker blocks provide insightful strategies in navigating forex markets, they come with limitations that traders should be aware of: Market Volatility: High volatility can disrupt the reliability of these zones, leading to false signals. Institutional Disguise: Large market players may mask their activities, making it challenging to identify genuine order or breaker blocks. Lagging Indicators: These areas are based on past price behaviour, which might not always be effective when analysing future movements. Overreliance: Solely depending on these strategies without incorporating other analyses can lead to missed opportunities or misinterpretations. The Bottom Line Navigating the forex market with an understanding of order and breaker blocks can help refine your trading strategy, offering insights into institutional movements and potential market reversals. For those ready to apply these insights in real-time trading, opening an FXOpen account offers a gateway to the dynamic world of forex, connecting you with global markets and potential opportunities. FAQs What Is an Order Block in Trading? An order block refers to a price area on the chart where significant buy or sell orders were previously placed by large institutional traders. These zones are key to identifying potential support or resistance levels, providing insights into future price movements. What Is a Breaker Block in Trading? A breaker block is a concept that emerges when an order block fails, leading to a change in market structure. It signifies a pivotal point where the market shifts direction, offering traders opportunities to enter trades based on anticipated trend continuation. How to Identify Order Blocks? Order blocks can be identified by analysing price charts for areas where there was significant trading activity, followed by a strong directional movement. Traders look for the last bullish candle before a downturn for a bearish block, or the last bearish candle before an uptrend for a bullish block, indicating potential zones of interest for traders. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Education
by FXOpen
2
Trade Like A Sniper - Episode 13 - AUDNZD - (3rd June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing AUDNZD, starting from the 12-Month chart. - R2F
Education
by Road_2_Funded
FLOATING SPREAD VS FIXED SPREAD🌐 The trading conditions of any account specify the type of spread: floating or fixed. As a rule, the value of a fixed spread is larger, but a floating spread has an insidious wording “from...” in the terms and conditions. This means that the floating spread may well be greater than the fixed one. Nevertheless, it is considered better. What are its advantages and disadvantages, what spread to choose? 📍 ADVANTAGES AND DISADVANTAGES OF FLOATING SPREAD ▶️ FIXED SPREAD The difference between the buy and sell price of an asset is constant. This indicates that the broker works according to Straight Through Processing (STP) model - directly with a specific liquidity provider, the size of the spread with which is pre-agreed. The broker charges its commission (markup) and the trader sees the final difference. The fixed spread is only theoretical. Often in the offer there is a clause that the broker can unilaterally change it. And broker does it at the moment of news release, when volatility increases sharply. ▶️ FLOATING SPREAD The difference between price/offer is formed by the market. The broker only adds its small commission, that's why there are no zero spreads. Floating spreads are set on ECN accounts, where orders are not placed to a specific liquidity provider, but to the general market. Such accounts have a high entry threshold and a fixed commission for each lot placed on the account. 📍 THE FLOATING SPREAD DEPENDS ON: 🔘 Market Liquidity. During the vacation season, on the eve of vacations, at the moment of flat trading activity decreases. The smaller the volumes and the fewer traders, the bigger the gap between Bid and Ask prices. 🔘 Currency Liquidity. Or investors' interest. The FX:EURUSD pair is liquid, the pair of the US dollar with the South African rand is called exotic and the spread on it is one of the largest. 🔘 Volatility. Or the speed of trend movement. If after the news release the imbalance of bids in the direction of buyers or sellers sharply increases, the spread will also grow. 🔘 Time of day. Or the period of activity of traders of this or that region. 📍 ADVANTAGES OF A FLOATING SPREAD: ➡️ Most of the time it is less than the fixed spread. ➡️ No requotes - the transaction is executed in any case. ➡️ Floating spread is more profitable than fixed spread for liquid currencies. Fixed spread is more profitable for “exotics”. ➡️ It is favorable for scalping, where every tenth of a point is important for profit. 📍 DISADVANTAGES OF FLOATING SPREAD: ➡️ There are slippages at the moment of sharp spread widening. ➡️ It is necessary to constantly monitor its change. ➡️ It can sharply increase when a fundamental factor appears. ➡️ There is still a risk of artificial spread widening by the broker (it is not easy to prove). ➡️ Increases emotional tension. With a fixed spread a trader always knows the amount of expenses. Expansion of a floating spread can turn a profitable trade into a losing one. If you open a new account with a broker, pay attention to the following points. In what cases the broker has the right to change the fixed spread. What quotes we are talking about. Outdated data on the website may turn out to be conditions for 4-digit quotes. Compare spreads at different brokers on a demo account; install a script showing the current spread. Run it on one asset, watch how and when the floating spread might widen. 📍 CONCLUSION The choice between a fixed spread and a floating spread depends on several factors, including market liquidity, currency pair, volatility, and time of day. While fixed spreads offer a set and predictable price difference, floating spreads can be more competitive and profitable, especially for scalping strategies. However, floating spreads also come with risks, such as slippage and the need to constantly monitor spread changes. When opening a new account with a broker, it's essential to pay attention to the terms and conditions, clarify quotes, compare spreads across different brokers, and test the floating spread on a demo account. Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment
Education
by Lingrid
5
Using Multi-Timeframe analysis for a major WinnerMulti-timeframe analysis is a key techniques for prepping a market prior to a trading session. The first thing to do before trading is to understand the major moves and longer term price action. This enables us to get on the right side of a sessions move and avoid a lot of the chop. We take a look at the DOW from the previous trading session and talk through the 30 min timeframe and why it was so important for the 500 pt rally into the close. I talk through the key price action, the trap of shorts before the big move up and why we needed to be on the long side of the action. ANY QUESTIONS, JUST LEAVE IN THE COMMENTS !! ** If you like the content then take a look at the profile to get more ideas and learning material ** ** Any Comments and likes are greatly appreciated **
CBOT_MINI:YM1!Education
by TradeTheStructure
The Mechanics Of Trading - Part VPart V - Deploying Success/Failure Techniques I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups. Essentially, it comes down to three key components... A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length). B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low. C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend. Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated. I go over multiple techniques in this video. Fibonacci techniques and Fibonacci Price Theory Anchor Bars (breakaway bars) Using Fibonacci Retracements to identify key support/resistance levels for trending Stochastics RSI Wave formations (ZigZag) and Others This video is designed as an instructional video to help you incorporate usable techniques into your own trading style. Hope you enjoy.
AMEX:SPYEducation
by BradMatheny
The Mechanics Of Trading - Part IVPart IV - Decision Making (A vs B) I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups. Essentially, it comes down to three key components... A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length). B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low. C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend. Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated. I go over multiple techniques in this video. Fibonacci techniques and Fibonacci Price Theory Anchor Bars (breakaway bars) Using Fibonacci Retracements to identify key support/resistance levels for trending Stochastics RSI Wave formations (ZigZag) and Others This video is designed as an instructional video to help you incorporate usable techniques into your own trading style. Hope you enjoy.
TVC:DJIEducation
by BradMatheny
Trend lines are also lagging(?)Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- I think trend lines are drawn to find out the trend that appears when candles are formed. Therefore, since they are drawn after candles are formed, they can be called lagging. However, since there is a characteristic of moving along a trend that has been formed unless there is a special issue, chart analysis is done by referring to trend lines. To draw trend lines, you need to understand the arrangement of candles. If not, there is a high possibility that it will be a meaningless line, so you need to study candles in advance to draw trend lines. The point to use as a reference when drawing trend lines may vary depending on your investment style. When drawing a trend line, I draw it according to the following rules. 1. Connect the opening price of the falling candle among the price candles corresponding to the high point of the StochRSI indicator (indicated by the blue line) 2. Connect the low point of the price candles corresponding to the low point of the StochRSI indicator (indicated by the light green (#00FF00) line) The setting values ​​of the StochRSI indicator are 3, 3, 14, 7 (K, D, RSI, Stoch). However, the source value is the value of the Heikin-Ashi candle (Open + Close) / 2. The difference can be confirmed by the StochRSI indicator and the Stoch RSI indicator of the TS - BW indicator on the chart. 1. Use the high point formed when the StochRSI indicator rises above 80, 2. Use the low point formed when the StochRSI indicator falls below 20. Exclude any low or high points formed other than these. The trend line connecting the low points can be connected by connecting the low points of the price candles. However, the trend line connecting the high points must connect the opening price of the falling candle among the price candles, so when the price candle where the high point of the StochRSI indicator is formed is an upward candle, the opening price of the first falling candle among the right candles is specified and used. Therefore, since there is a difference between the StochRSI indicator of the TS -BW indicator and the general StochRSI indicator, it is recommended to use the StochRSI indicator formula of the TS - BW indicator if possible. When the StochRSI indicator entered the oversold zone and formed two low points, the trend line was not drawn by connecting the two low points. Therefore, the trend line is drawn as shown on the chart. Both the most recently drawn trend lines (1) and (2) are down, so it seems likely that a change in trend will occur. However, since it is virtually impossible to know with just the trend line, it is recommended to comprehensively evaluate by adding auxiliary indicators. Therefore, it is recommended to refer to the BW indicator, which displays MACD, StochRSI, CCI, PVT, and SuperTrend indicators. If the BW indicator is rising from the 0 point, it means that the trend is rising. On the contrary, if it is falling from the 0 point, it means that the trend is falling. Since the BW indicator is currently above the 0 point, we can see that the trend is rising. Therefore, when looking at the trend line and the BW indicator comprehensively, we can respond by selling when it falls from the recently drawn trend lines (1) and (2). However, since the BW indicator is in an upward trend, it is recommended to respond with a split sell rather than a 100% sell. It is still difficult to determine the timing of trading with the trend line alone. Therefore, it is recommended to select the timing of trading by indicating the support and resistance points. In that sense, it is a good idea to add HA-Low, HA-High indicators and use them to select the trading period. Even if you do not use HA-Low, HA-High indicators, you should draw support and resistance lines according to the arrangement of candles on the 1M, 1W, and 1D charts and mark them on the chart to select the trading period. The good thing about using indicators that indicate support and resistance points is that the support and resistance points do not change depending on your psychological state. When you start trading, your psychological state may become unstable due to price volatility, and if you are in an unstable psychological state, you may draw a line incorrectly, which may result in an unreliable line. Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. The next expected range to touch is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 13401.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points that are likely to receive resistance in the future. We need to check if these points can be broken upward. We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
Education
by readCrypto
MARKET STRUCTURE USING SMART MONEY CONCEPT (ICT)The market structure, when viewed through the lens of the smart money concept, refers to the way financial markets operate and how price movements are influenced by institutional investors, or "smart money." These entities, such as banks, hedge funds, and large financial institutions, have significant capital and access to superior information, allowing them to impact market prices and trends. The smart money concept suggests that these institutions leave discernible footprints on price charts, which can be identified through patterns like accumulation and distribution, liquidity hunts, and manipulation of key support and resistance levels. Traders who understand and recognize these patterns can potentially align their strategies with the smart money, improving their chances of making profitable trades by following the sophisticated moves of these influential market participants.
Education
by FrankFx14
The ONLY Strategy You Need to Identify The Market Trend In this article, we will discuss a proven price action based way to identify the market trend . ❗️And let me note, before we start, that no matter what strategy do you use in your trading, you should always know where the market is going and what is the current trend . Your judgement should be based on strict and objective rules that proved its accuracy. There are a lot of ways to identify the market trend. One of the simplest and efficient ones is price action based method . This method relies on impulse legs . The market never goes just straight up or down, the price action always has a zigzag shape with a set of impulses and retracements. The impulse leg is a strong directional movement , while the retracement is the correctional movement within the boundaries of the impulse. UPTREND 📈The market is trading in a bullish trend if 3 conditions are met: 1️⃣the price forms an initial bullish impulse , 2️⃣ retraces , setting a higher low , 3️⃣then starts growing again and sets a new high with the second bullish impulse . Once these 3 conditions are met, we consider the market to be bullish, and we expect a bullish continuation in such a manner. Take a look at a price action on USDCAD. According to the trend-analysis rules, the pair is trading in a bullish trend. DOWNTREND 📉The market is trading in a bearish trend if 3 following conditions are met: 1️⃣the price forms an initial bearish impulse , 2️⃣ retraces , setting a lower high , 3️⃣then drops lower and sets a new low with the second bearish impulse . Once these 3 conditions are met, we consider the market to be bearish, and we expect a bearish trend continuation. According to the rules, NZDUSD is trading in a bearish trend on the chart above. CONSOLIDATION ➖The third state of the market is called consolidation . The market is trading in a consolidation if the conditions for bullish or bearish trend are not met . The price chaotically forms bullish and bearish impulses, usually trading within the range . Above is the example of a sideways, consolidating market, where the price sets equal or almost equal highs and lows and conditions for bullish/bearish trend are not met. Knowing the current trend, one always knows whether a current trading position is trend-following or counter trend, or it is a sideways consolidation trade. Learn these simple rules and try to identify the market trend with them.
OANDA:XAUUSDEducation
by VasilyTrader
1
Trade Like A Sniper - Episode 12 - GBPAUD - (1st June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing GBPAUD, starting from the 12-Month chart. - R2F
Education
by Road_2_Funded
The Mechanics Of Trading - Part IIIPart III I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups. Essentially, it comes down to three key components... A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length). B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low. C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend. Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated. I go over multiple techniques in this video. Fibonacci techniques and Fibonacci Price Theory Anchor Bars (breakaway bars) Using Fibonacci Retracements to identify key support/resistance levels for trending Stochastics RSI Wave formations (ZigZag) and Others This video is designed as an instructional video to help you incorporate usable techniques into your own trading style. Hope you enjoy.
AMEX:SPYEducation
by BradMatheny
The Mechanics Of Trading - Part IIPart I I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups. Essentially, it comes down to three key components... A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length). B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low. C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend. Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated. I go over multiple techniques in this video. Fibonacci techniques and Fibonacci Price Theory Anchor Bars (breakaway bars) Using Fibonacci Retracements to identify key support/resistance levels for trending Stochastics RSI Wave formations (ZigZag) and Others This video is designed as an instructional video to help you incorporate usable techniques into your own trading style. Hope you enjoy.
AMEX:SPYEducation
by BradMatheny
The Mechanics Of Trading - Part IPart I I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups. Essentially, it comes down to three key components... A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length). B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low. C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend. Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated. I go over multiple techniques in this video. Fibonacci techniques and Fibonacci Price Theory Anchor Bars (breakaway bars) Using Fibonacci Retracements to identify key support/resistance levels for trending Stochastics RSI Wave formations (ZigZag) and Others This video is designed as an instructional video to help you incorporate usable techniques into your own trading style. Hope you enjoy.
AMEX:SPYEducation
by BradMatheny
ORDER BLOCK AND FAIR VALUE GAP SMART MONEY CONCEPT**Order Block**: An order block is a specific price area on a financial chart where institutional traders have placed large buy or sell orders. These areas often lead to significant price movements and are used by traders to identify potential zones of support or resistance. Order blocks represent clusters of orders from big players like banks or hedge funds, signaling where major buying or selling interest lies. When price revisits these zones, it often reacts strongly, making them valuable for predicting price reversals or continuations. **Fair Value Gap**: A fair value gap (FVG) is a price range on a chart where there is an imbalance between buyers and sellers, often created during periods of high volatility or news events. This gap typically occurs when the market moves so quickly that trades do not fully fill, leaving a visible gap on the chart. Traders use fair value gaps to anticipate potential price retracements to these levels, as the market tends to revisit and fill these gaps over time, aligning price with its perceived fair value. Both concepts are crucial in technical analysis for identifying key price levels where significant market activity is likely to occur.
Education
by FrankFx14
2
Divergence - asset price directionDivergence is the discrepancy between the direction of an asset's price and the readings of an indicator. There are three types of divergences: classical, extended, and hidden. The first two can be used to gauge market sentiment and to trade in the opposite direction. Hidden divergence, however, is more significant and can serve as a powerful supplementary factor in determining the price direction and opening positions. The use of extended divergence is not necessary, as it rarely occurs and forms at equal highs or lows. In such cases, an indicator is not needed to gauge market sentiment; the chart itself will suffice. Classical Divergence Classical divergence indicates a potential trend reversal or the beginning of a correction. Bullish classical divergence is identified when a lower low (LL) forms on the chart while a higher low (HL) appears on the indicator. The masses buy when classical bullish divergence appears, anticipating significant growth. An upward price movement may begin, but after short-term liquidity for buying is exhausted and the price rebalances, a reversal will occur, and the decline will continue. Long positions opened during the correction will become unprofitable. In a bear market, classical bullish divergence typically appears before the start of a correction. Bearish classical divergence is identified when a higher high (HH) forms on the chart while a lower high (LH) appears on the indicator. The masses sell when classical bearish divergence appears, expecting a significant decline. A downward price movement may begin, but after short-term liquidity for selling is exhausted and the price rebalances, a reversal will occur, and the growth will continue. Short positions opened during the correction will become unprofitable. In a bull market, classical bearish divergence typically appears before the start of a correction. The formation of multiple divergences is common. The masses will seize every opportunity to open their positions, leading to unprofitable outcomes. The number of divergences before the start of a correction is not limited. It is recommended to wait for the price to react after reaching the resistance zone. In the example above, the correction began after partially filling the imbalance on the 1D timeframe within the imbalance on the 1W timeframe. Hidden Divergence Hidden divergence serves as a confirmation of trend continuation. Bullish hidden divergence is identified when a higher low (HL) forms on the chart and a lower low (LL) appears on the indicator. In an uptrend, hidden bullish divergence may form before the continuation of growth, acting as a strong supplementary factor in determining the future price direction and considering positions. Bearish hidden divergence is identified when a lower high (LH) forms on the chart and a higher high (HH) appears on the indicator. In a downtrend, hidden bearish divergence may form before the continuation of the decline, acting as a strong supplementary factor in determining the future price direction and considering positions. Notes - The RSI (Relative Strength Index) indicator is used to identify divergences. - RSI is plotted without considering candle shadows. - Divergence should be viewed as an additional factor to your analysis, not a standalone tool. - Divergence below the chart will always be bullish, while divergence above the chart will always be bearish.
Education
by truepersonal