Its Lubosi Crypto here and thank you for your feedback and support -- It really helps me continue doing it -- Yesterday I was watching an interview by two traders discussing the importance of risk management and using a good trading system -- and i thought about you and how this strategy may impact your life -- This strategy ''flows with the market'' and right...
Hey guys! Hope you're having a blessed day, afternoon, evening wherever you are in the world! I just wanted to come on here and post this simple yet effective principle of having alignment with price across multiple timeframes when trading. This really helped me in my trading and I hope it does for you as well! I realize that I say "K" A LOT in this video so...
Hello, welcome to this BTC HALVING update. Bitcoin (BTC) halving is an event that occurs approximately every four years in the Bitcoin network. During a halving event, the reward that miners receive for validating and adding new blocks to the blockchain is reduced by half. This event is programmed into the Bitcoin protocol and serves several purposes: Supply...
I call it the 'Blip'. This occurs when both RSIs set at 14 and 3 periods dips below 30% and candles closed below the keltner's low channel. I would place a buy order when candles closed above the 30%. The blips are likely to indicate the demand zone. Also, when blips occurs, it would be worthy to wait for the formation of bullish divergence in the lower time...
✴️ What Is A Price Deceleration? A price deceleration is when the market slows down after a trend movement. It occurs when the price of an asset begins to slow down its ascending or descending impulse. It usually occurs at key levels, such as support and resistance. The price finds it difficult to make highs at resistance and lows at support. It all looks like...
I firmly believe that risk management is the most important factor in trading, even more important than strategy in my mind, and if you're going to maintain some discipline to something, then please let it be risk management... A good strategy with bad risk management WILL blow your account, but a bad strategy, with good risk management will still keep your...
Support and resistance levels are like the heartbeat of the forex and gold markets, constantly pulsating with potential trading opportunities. But what happens when these vital levels flip roles? In this comprehensive guide, we'll explore the intriguing phenomenon of how support can morph into resistance and vice versa. Through real-world examples, you'll...
If a price pattern moves in a sine wave pattern, we can say that it is cyclical. A sine wave is a repetitive pattern of peaks and troughs, which is the definition of a cycle. However, it is important to note that not all sine wave patterns are created equal. Some sine wave patterns may be more cyclical than others. For example, a sine wave pattern with a very...
Hey Rich Friends, Today, I will explain how I use market orders when trading in the Forex Market. By taking advantage of this option, I am able to enter my trades with less anxiety and never experience FOMO when I have pending orders set hours and days in advance. Here are 5 Types of orders you should know: 1. Market Execution: Buying or Selling at the...
Why you should only buy below $10 stocks --- #1 - These stocks are more volatile #2 - You will gain at least 2% profit or loss #3 - This is a better risk management #4 - And you won't get to use margin #5 - This reduces your risk levels --- Disclaimer: -- This is not financial advise do not buy or sell any stock or anything i recommend to you -- Do your own...
Apologies to the people who enjoy reading this series, I have been really busy with life, kids, work, bikes and cars etc. but hopefully its going to chill for the next few weeks. Will see how it goes and maybe I can do a few more of these trade journals. I'm not going to go over all the last however many trades since my last post as it would take too long, but...
USX is the average of NAS100 , SPX500 and US30 (all from BLACKBULL data provider). ( average of the 3 Open = O ), ( average of the 3 High = H), ( average of the 3 Low = L), ( average of the 3 Close = C), Plotted as candles using thoses OHLC, making a chart representing the average price action of indexes. It is preferable to use on 15m TF (read...
Hey all! As the main mistakes I've noticed so far have been FOMO-related, I focused on taking only high-quality set-ups. This has resulted in little trading activity so I changed the frequency of the self-reviews to every time I feel like there are significant notes to take. Soo... Find on the chart the latest notes from my trading journal!:D
In the dynamic world of forex trading, one key decision traders face is choosing the right time frame for their analysis. While there are various options available, the daily time frame holds a special place for traders seeking consistency and reliability. In this comprehensive guide, we will explore the compelling reasons why traders should prioritize daily...
Buy when the resistance level of the range is broken upwards. The stop is placed below the support level of the range or below the local support level within the range if the support level is near the accumulation level. The minimum target is the size of the range, postponed upward from the point of breaking through the resistance level. This corresponds to...
I call this pattern the Batman Pattern, because if you look at the overall shape is it very much like a Batman jet, or car or Batman shirokin (throwing weapon)... Lower head, like baman wearing flying wings. Definitely a rolling over pattern like a head and shoulders. my apologies for the text below price that says sell and buy, just ignore it. ichimoku cloud, ...
Welcome to the world of trading patterns. If you appreciate our charts, give us a quick 💜💜 Today, we'll explore two important ones: the Rising Wedge and the Falling Wedge . These patterns can signal shifts in market trends. Let's dive in and see how they work. Rising Wedge: In an uptrend, the Rising Wedge hints at a bearish turn. It takes shape as prices...
Hello, traders! Today, I'd like to explain how pumps work in the crypto world I distinguish between two main types: Fake Pumps: These orchestrated pumps involve artificially inflating the price through the actions of a group of individuals or entities. They typically rely on coordinated buying to drive up the price. Natural Trends: These are price trends that...