Hello, Trade identification is the process through which you are able to identify setups that can be actioned on in the markets. For this example, I shall be using the BTCUSD chart to chant my path as I look for tradeable setups. 1: Structure drawing Identifying the structure of trades is very key since it creates a sense of knowing where the market is at from...
In this video, we delve into a high-probability scalping strategy, building upon the concepts introduced in our previous videos on developing a trading plan and risk management. This third installment in the series focuses on refining entry points for high-probability trades. We explore a basic trend continuation strategy on the 4-hour time frame, then zoom in on...
Continuing our discussion on trading chart patterns, this is our next tutorial after Trading Converging Chart Patterns This tutorial is based on our earlier articles on pattern identification and classification. Algorithmic Identification of Chart Patterns Flag and Pennant Chart Patterns In this tutorial, we concentrate on diverging patterns and how to...
Most newbies, and even intermediate traders don't really understand what high risk to reward trades require from themselves and from the market. They think it is something to strive for, and that high RR trades are reserved for the pros. This is far from the truth. In this video I try to give more perspective to this concept. - R2F
How to Use Fibonacci Retracements for Crypto Fibonacci retracements have long been used in traditional financial markets. However, with the advent of crypto trading, they’ve also found popularity amongst digital asset traders. In this article, we answer the question “What is Fibonacci in crypto?”, discuss how to trade retracements and offer some strategies you...
Introduction to Options on Corn Futures Corn Futures are one of the staple commodities traded on the Chicago Board of Trade (CBOT), representing a critical component of the agricultural sector's financial instruments. Each Corn Futures contract is standardized to 5,000 bushels, and the price is quoted in USD-cents per bushel. Contract Specifications: Point...
Good day, traders The Bitcoin Halving has happened again. ~1st Halving (Nov 2012): BTC price was $12.0. It reached its highest price ever at $1163. ~2nd Halving (July 2016): BTC price was $638.51. Then, it skyrocketed to a new all-time high of $19333. ~3rd Halving (May 2020): BTC price was $8475. It later surged to a new record of $68982. ~4th Halving (April...
The Power and Beauty of Price Gaps Price gaps represent a clear imbalance in supply and demand, making them one of the purest representations of momentum in financial markets. These gaps occur when there is a significant disparity between the closing price of one period and the opening price of the next, indicating a sudden surge in buying or selling pressure. ...
Here we take a look at trading pullbacks using the Keltner Channels. I cover the initial setup, the types of entries, and trades to avoid. This setup contains 3 parts: The channel touch The Pullback The Entry The Channel Touch Here is an example of the beginning signal in our setup, a band touch. The top and bottom bands represent the ATR (Average...
Keltner Channels vs Bollinger Bands: Which Indicator Should You Use? If you’re a trader, you likely know that indicators are a valuable tool for identifying trends and finding entry and exit points. Two popular indicators are Keltner Channels and Bollinger Bands. Both help you measure volatility, but which one is better? In this article, we’ll dive into the...
I will reveal 4 accurate price action signals that even a newbie trader will manage to easily recognize. Watch carefully because these signals alone will help you to make a lot of money trading Forex, Gold or any other financial market. Change of Character Change of character is a strong signal that indicates a trend violation and a highly probable...
In this video we take a look at a trend continuation trading strategy. I explain my approach to trading how I identify a trend and what I look for for high probability trade opportunities. As always the information is for educational purposes only and not to be construed as financial advice.
I am trading multiple time frame analysis for many years. After reviewing trading ideas from various traders on Tradingview, I noticed that many traders are applying that incorrectly In this article, I will share with you 5 essential tips , that will help you improve your multiple time frame analysis and top-down trading. The Order of Analysis Matters...
Does technical analysis really work in Gold trading? In this article, we will discuss whether the traditional, classic methods of technical analysis: support and resistance, breakouts, patterns can be reliable in this specific market. We will explore the dynamics of Gold prices so far this year and discuss the most efficient way to trade Gold. So if you...
Hello, Volume candlesticks are a very unique dataset that give us more information than the candlesticks we are used to. First, a candlestick is a type of price chart used in technical analysis that displays the high, low, open, and closing prices of a security for a specific period. Now with the Volume candlesticks, they are a type of chart that allows for a...
Hello traders, in this post, we will be going over one of the most commonly used tools in all asset classes - the "Fibonacci Retracement" (or Fib for short). For a better viewing experience, please view this on your desktop/PC, as the mobile and tablet versions of the charts are harder to read. Although I have briefly touched on how to use the Fibonacci...
What Is a Fib Spiral in Trading? In trading, the Fibonacci sequence, notable for its mathematical and artistic significance, is adapted into tools like the Fibonacci retracement and spiral. These tools provide traders with a unique perspective on market trends and potential reversal points, using ratios derived from the sequence to analyse price charts. This...
The first documented use of charts goes back to ancient Babylonia, where their early forms were used primarily for record-keeping by astrologists and merchants. Then, sometime between the 5th and 6th century A.D., these graphical representations developed into a form reminiscent of today’s charts. Further refinement and development of charting techniques...