📉 A tweezer is a technical analysis pattern, commonly involving two candlesticks, that can signify either a market top or bottom. Tweezer bottoms are considered to be short-term bullish reversal patterns, whereas tweezer tops are thought to be bearish reversals. 📉 Tweezer top indicates a bearish reversal whereas Tweezer bottom indicates a bullish reversal....
✅ Today we will talk about RISK ON vs RISK OFF Market Sentiment as i use this confluence to enter trades. 🎯 Risk ON vs Risk OFF market sentiment reflects all the market activity, its not a market sentiment for crypto or forex or stock market its for all the financial markets, when i use this confluence i try to understand what are institutional/retail investors...
📉 What is a Marubozu in forex? A Marubozu is a long or tall Japanese candlestick with no upper or lower shadow (or wick). The candlestick pattern comes in both a bearish (red or black) and a bullish (green or white) form and is easy to spot due to its long body. It basically looks like a vertical rectangle. 📉 How can you tell if Marubozu is bullish? The closing...
📉 The Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. The indicator can range from 0 to 100. The closing price tends to close near the high in an uptrend and near the low in a downtrend, the stochastic indicator is a two-line indicator that can be applied to any chart....
✅ If you asked me to distill trading down to its simplest form, I would say that it is a pattern recognition numbers game We use market analysis to identify the patterns, define the risk, and determine when to take profits. The trade either works or it doesn't. ✅ In any case, we go on to die next trade. It's that simple, but it's certainly not easy. In fact,...
🔰 Trading Defensively • Proper Lot Size Stop changing the lot size on each trade you take based on the ,, confluences,, your risk should be pre-determined and fixed. Example you risk only 0.50% from your account on each trade • Take Profits before News Release Number one goal is to protect your equity, news can bring high volatility into the markets and...
💸 Why i Trade ? Trading is a serious endeavour where you meet with the financial elites of the world, i will give you couple reasons why i trade and why do i recommend it for you as well. ✅ Be your own BOSS You don't have a BOSS, you are your own boss. You have to be very disciplined because no one is looking at you to be productive ✅ Freedom of Time You...
✅ Two Biggest Mistakes in Trading . ✅ No STOP LOSS Run the risk of incurring a much bigger loss than expected may lead to wishfull thinking and end up holding and hoping may cause panic selling when trade goes against your direction, no stop loss trading in the long term will kill your account in the short term you can survive. ✅Overtrading - Higher change of...
In this educational post, I'll be demonstrating how you can approach the market with simple technical analysis techniques, and logic based on simple probabilities. This is not financial advice. This is for educational purposes only. Identifying Support and Resistance - The first thing you want to do, when you begin with a clean chart with nothing on it, is...
🔥 Types of Analysis 📉 In trading and investing there are 2 types of analysis a trader can make to have an edge and generate trading ideas. 📉 There is no such thing as technical analysis is better than fundamental or viceversa, personally i use fundamental analysis to understand what to buy or what to sell on a mid-long term perspective and technical analysis...
Going Full Margin Risk management is the most important in this game because it keeps you alive, keeps your account fresh during bad market conditions. Learn risk management first to understand how to protect your capital first of all and then learn a strategy You have to know your risk numbers in terms of • Risk per trade • Daily Drawdown Limit •...
🟢USDT's dominance bounced from the uptrend line support to form a twin floor pattern and is now above the neckline of this pattern, which also acts as a support. If the retest is successful, it is expected to move upwards, which will be a sign of decline for the market because the USDT and BTC dominance are inversely related to each other. Use the appropriate loss...
What are bitcoin cycles and why is it so important❓ 🚀This graph shows the entire history of bitcoin, approximately 13 years. If you open the logarithmic display of the chart, you can see some patterns in price behavior. Namely, that bitcoin moves in cycles. Which in turn are divided into an uptrend and a downtrend. 🎢Three complete cycles can be clearly seen on...
✅ I will look at the momentum to understand if price has power to move towards my take profit area or no, a perfect scenario is when i enter a long or a short order the momentum should increase from candlestick to candlestick not decreasing, increasing momentum meaning that price has fuel and it is not exhausted. 🎯 Increasing momentum - bulls/bears has power,...
There are a cluster of lows around this area so price will most probably want to take out the lowest low before going higher. This is due to traders stops being positioned under these lows so eventually the market will gravitate to these and take them out and possibly go lower to shake off retail traders, they can only "buy the dip" so many times before their...
Are you learning price action to trade bitcoin, gold? In this post, we will learn about Blind Spot CBO setup Blind Spot CBO includes: - Clean Breakout (CBO) with candle like Mazubozu - Strong Momentum - Decision Point like Doji kink, Bearish/Bullish Engulf, ... It's better when price comback after it made a clean breakout. The downside of Blind Spot CBO is hard...
Hello friends: It's the result of my efforts to offer a simple (using Graphical idea) presentation. Concepts, I know you know ;) Bullish: When demand is greater than supply, the price goes up sideways: When demand is equal to supply, the price goes sideways Bearish: When supply is greater than demand, the price goes up down Chaikin Money Flow (CMF) The...
Hello friend, What do you think of when you hear the phrase "Bitcoin Whales"? Who Are Bitcoin Whales? 1- Institutions: money centre banks, hedge funds, Grayscale, Tesla ... 2- Exchanges: (6.7% of Bitcoin in circulation was held on exchange wallets), 3- Individuals: Elon Musk (also a Dogecoin Whale),.. 4- Satoshi Nakamoto: first 1.8 million or so BTC first...