In a bustling town nestled by the sea, there was a young trader named Kira. Her dream was to navigate the vast and unpredictable market waters, much like a seasoned fisherman seeking the best catch. Her mentor, an old trader named Captain Renzo, often spoke of the market as a treacherous sea full of challenges and opportunities. "Ahoy, Kira!" Captain Renzo would...
Spoiler : its gratitude I've gone through many emotions whilst keeping this position open, especially when seeing the PnL shrink I lost sleep, exhausted my brain and felt many repetitions of the feeling vertigo I had to get my mind right, so I took my problem to the forest and ask the divine intelligence Gods to guide me They taught me that the best way to...
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...
In the pursuit of trading mastery, the path is often littered with setbacks and failures. However, it's essential to recognize that these hurdles are not just obstacles but invaluable learning opportunities. Learning how to fail – and more importantly, learning from failure – is a critical step towards enhancing your trading success. This article explores the...
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...
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...
Trading system and strategy are often equated, but this is not quite right. Both a strategy and a trading system is a single algorithm of actions, including the process of searching for signals and opening trades. But strategy is often understood as following certain rules, while a trading system is a combination of technical, fundamental and psychological...
█ How exactly do markets adapt? Evidence from the moving average rule in three developed markets. The Efficient Market Hypothesis (EMH) has long been an important theory in finance. Brought forth by Fama in the 1960s, the EMH suggests that it is impossible to consistently achieve returns over the average market on a risk-adjusted basis, given that price...
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...
The historical pattern known as the seasonal divergence "Sell in May, and Go away" was popularized by the Stock Trader's Almanac, which stated that investing in stocks represented by the Dow Jones Industrial Average November through April and switching to fixed income for the remaining six months "would have delivered reliable returns with reduced risk since...
How many people lost money within the past 60 days? How much invalid effort has been made? Trading crypto assets is basically gambling. Based on my experience and the traders I've dealt with, I haven't seen any traders who consistently use leverage and make a fortune. It's common for traders to see 100% return on investment (ROI) in a month, then lose everything...
Hey traders, In this post, we will compare investing, trading and gambling . 📈 Investing Investing is the act of putting money in a financial market with the expectations of a long-term positive return. The investing decisions are usually made using fundamental analysis. The main goal of an investor is to predict the long-term market trends and benefit on...
What Are the Most Popular Trading Exit Strategies? In trading, having a solid exit strategy is essential for managing risk and securing potential returns. This FXOpen article explores four popular exit strategies, offering traders a comprehensive look at how to refine their exit plans and potentially improve their trading performance. The Importance of Trading...
How to Use Liquidity Zones and Liquidity Voids in Trading Navigating the forex market demands a keen understanding of liquidity dynamics. This article delves into the critical concepts of liquidity zones and voids, offering traders insights into identifying areas of high trading activity and potential price gaps. Understanding Liquidity in Trading In trading,...
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.
What Is a Gap and How Can You Trade It in Forex and Cryptocurrencies? When it comes to trading, understanding gaps is pivotal for traders aiming to navigate and capitalise on market volatility. These spaces on price charts where no trading occurs are often exploited by traders looking for a quick reversal or trend continuation. This article delves into the...
This is my 4th Idea or "Chapter" to collect evidence for my theories. This Chapter is to observe the results of price Returning to Impulse. I will be adding examples as ongoing "Updates" whenever I spot them. Impulse = strong continuous force for a limited amount of time. When there is a return to Impulse, it is a critical zone to watch. Rejection from,...
This is one important case study as to why investors lose money in the stock market. Now if you look at the chart, Here is what you see: 1. 32 Months of pure range-bound consolidation 2. Clearly defined support and resistance zones 3. Five months of consolidation at the resistance zone 4. A beautiful high-volume breakout followed by a...