First pillar: learning to trade is hard work, but it can be taught. 1) The successful trader can be modeled and taught to other people. 2) Learning to operate requires as much education as any other profession. Second pillar: Know yourself. 3) You need to find a trading system that suits your needs 4) To achieve that, you need to know...
This is always one of the biggest challenges to becoming a full time profitable trader. Almost all traders will have a battle against becoming consistent. Its something that I definitely struggled with when starting out in my trading journey. I would go through weeks of profitable trades and building my account and then equally go through losing streaks and...
FOREX TRADING COURSE 101 - Lesson 15 - How to Bring all the knowledge together (so far) - for better trading success!
Hi guys, I haven't posted anything but analysis of the trades I may take in the upcoming week but I have not really covered pyschology maybe as much as I should be. I think this a huge part of trading that a lot of newer members may just skip or may not pay as much attention as they should to the subject. Being angry at something in your life or being upset will...
Hi friends , today i'll share with you the most famous candlestick pattern everyone should know. part 3 we will start with the morning star . this pattern appear in the downtrend and It indicates the possibility of a price reversal ( long ) second , the evening star appear in the uptrend and It indicates the possibility of a price reversal ( short ) third ...
Multiple different stock chart patterns, where every pattern is bullish.
The Moving Average (MA) is a simple technical analysis tool that smooths price data, creating a constantly updated average price. The average value is taken for a certain period, for example, 10 days, 20 minutes, 30 weeks, or any time chosen by the trader. There are advantages to using a moving average in your trading, as well as options for which type of...
Educational video on how to adapt EWT as a trading methodology.
Chart patterns describe distinct structures in financial time series. Their occurrence helps technical analysts predict future price variations. Triangle patterns form a part of the most studied patterns by technical analysts and have been well documented over the years, with some even applied to climate time-series data (1). In this post, we perform an analysis...
Here is a short video on basics of divergence and how to use Zigzag Trend/Divergence detector script. Most of the things mentioned are already available in the indicator description. As mentioned many times, just follow the cheat sheet:
Traders use different types of indicators to gauge the market conditions. Let's take a look at what are those types of indicators Trend Indicators measures the direction and strength of a trend. When price moves above the average it can be thought of as a bullish trend. When price moves below the average, it's a bearish trend. Momentum Indicators are helpful...
Learn how to trade Stocks, Forex, Crypto Currencies just same as Hedgefunds or Money managers. You can get the Indicator shown from either my profit under Scripts or from my web button under this post.
Hi friends , today i'll share with you the most famous candlestick pattern everyone should know. part2 bullich engulfing and bullish harami appear in the downtrend , It indicates the possibility of a price reversal ( long ) bearich engulfing and bearich harami appear in the uptrend , It indicates the possibility of a price reversal ( short)
I took a couple of months off to read a book i found on Amazon on Andrew Gann the inventor of GANN theory. After finishing his article i theorized that it could be transformed in these modern times. This will a Membership to perform, Alerts mean allot to people that want to automate the thought process behind this. Please note that i am not a paid person posting...
FOREX TRADING COURSE 101 - Lesson 14 - How to understand and APPLY the Concepts of Multiple time Frame Trading for better trading success!
Hey, what time is it? I get a good amount of questions about session times for the stock index futures markets that I trade and the volume indicators I use. I gotcha covered in this video. Essentially, just apply the indicators and change the time to your local, and you're set. Easy peasy.
Often times we find ourselves staring at the futures or the pre-market before the actual markets open. Is there a point? And why does it matter whether we have an opinion about the futures or the pre-market?
Welcome to another market update written by me: This can be a tutorial for people who use volume profile as an indicator for their trades and insights of the market movement. So basically When the visible range forms this shape, the possibility of having a fake bull flag is high and most of traders would get trapped. Following by the RSI bearish divergence,...