SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Technical Analysis 101!!
Interpreting the candlestick
This type of chart is an extension of the bar chart as discussed and is actively utilised by
the investors in China for more than 500 years of time period. It helps in providing the
information regarding open, close, low and high in the dimensional format. It can...
JD.com has been in a downtrend since it topped early this year. This weekly chart shows why it is no longer an ideal sell short. The stock has declined steadily, losing more than 50% of its price value and JD is now at a support level that is strong, where buyers are likely to start moving in. At this time, a sideways pattern is likely, or a bounce up today if...
This is a 9 minute video that covers how to ensure you are trading on the right side of the trend.
Lots of good stuff on this topic, unfortunately it's impossible to cover everything in the 10 minute limit provided by TradingView for videos, so if you have any questions please feel free to get in touch.
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Back Testing - Evaluating your Trading Strategy 101
Backtesting of technical methods in light of past prices is the most popular testing strategy among technical traders.Below is a short list that will get you started;
1. How many trades does it generate?
..............................................
2. Whats the...
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Basic Technical Analysis
Interpreting the candlestick
This type of chart is an extension of the bar chart and is actively utilised by the investors in China for more than 500 years of time period. It helps in providing the information regarding open, close, low and high in the dimensional format. It can be seen...
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Money Management/Psychology
Cycle of Market Emotions
The Upturn
• Optimism: The normal financial specialist enters the market feeling hopeful. They may likewise have elevated requirements for the profits in which they are involved.
• Excitement: When the market goes up, the desires begin to end up noticeably a...
Technical indicator: The MACD
What does it represent?
The MACD (Moving Average Convergence Divergence) indicator is one of the trend indicators. The MACD corresponds to the difference between two exponential moving averages of different periods (the most common are 12 and 26 days)
It is a complementary tool to moving averages that allows you to anticipate...
I know how to properly identify support and resistance levels that are backed by recent supply or demand. By this I mean, supply is what traders consider to be selling power that makes a currency value go down. Demand is the total opposite as it shows its self as support and encourages a currency's value to go up. With that said, support and resistance or supply...
The chart talks about all ,how to be on the winning side using a simple "LongBuyLongSell" indicator.
Indicator is below in the Related Idea Links.
This indicator is available only in Tradingview.
Simply adapt in all scripts.
Video Contents:
How I use the same concepts over and over to setup my watchlist each week (forex, indices, commodities, metals, crypto)
* I focus on finding high-probability trade setups with good risk to reward
* These setups can be either trend reversals or trend continuations. The actual direction of the setup doesn't matter
* What does matter is WHERE on the...
Sorry for the stuffy nose! Nonetheless, here I talk about qualities of a trade that help determine it as a winner. This is just a short version of what to look for, just to give some of the things to consider in the process. As a general statement, there are 2 things that make up a stock: technical factors (price behavior) & fundamental factors (financial...
** In the video I say EURO / Swiss Pound. I think I meant to say Swiss FRANC ** :)
This video is meant to cover a really important topic that I think holds back most people from being successful in the markets. In this video I cover:
1) There's a difference between being a good analyst and being a good trader
2) How to empower yourself by learning to trust your...
The "Spx500" index started long run from 2812point in upwards direction;all we have now the question will it continue up or the momentum has come and reversal likely?
Have taken 4hr chart for this analysis.Is it right time to enter for a short at this level and why ?
My feedback for this is , Yes this is about to reverse however waiting for the short...
This is the introduction to the video series here to grow the paper portfolio on TradingView in an attempt to beat the S&P500 in real time. The reasoning behind this is that it is usually difficult to start trading stocks especially because you don't know what you don't know. It generally takes a couple of years for a trader to make a whole bunch of mistakes,...
Having been on Tradingview for the last few years, I've observed that perhaps 'the most important' aspect of trading is hardly ever discussed. I'm not sure why that its.
Look, this is a loser's game. How? Read on.
Some key estimates:
1. 90% of traders will lose money consistently. .
2. 80% of trading success depends on managing individual psychology....
From the diagram above (Xrp/Btc chart) xrp’s all time high was at 22048 sat and all time low at 454 sat.
Before getting into any Xrp trade I prefer taking an analysis of Xrp/btc pair. Using a larger time frame you are able to have a clearer insight of what is likely to happen on Xrp price against all other markets since bitcoin is the dominant cryptocurrency and...
Check out the numerous '' micro patterns '' that develop and establish the '' macro pattern s''. Each element provides a particular insight on the direction of the stocks future trend.
- AB has to touch the 0.618 of XA, but cannot touch to the 0.786 of XA
- BC has to touch the 0.618 of AB, but cannot go above the A
There are a few ways to look for D. In this approach, it is:
- Put a Fib Retracement from X to B.
- Put a Trend-Based Fib Retracement from A to B to A
- If the 0.718 and 1.272 are close to each other choose, 0.718
- Else,...
