Trading Psychology: How to manage & deal with losses/consecutive losses in trading ?
Today I want to go over a very key trading psychology lesson on how to deal with losses, especially consecutive losses.
This is bound to happen to any traders, whether you are new or experienced. ITs something all professional traders will have to deal with on a...
My largest single position right now is La-Z-Boy, and the consolidating price action the last few days is telling me the time may be right.
La-Z-Boy offers a 2.1% forward dividend yield and currently trades at about 10 forward P/E, .74 forward P/S, and a fantastic 5.6 P/FCF. The low price multiples on this wonderful cash cow are well below the...
After a crash of 40%+ from the recent high in Feb, is it time to buy Tencent again?
Tencent has not closed below the 40 MA on the monthly chart yet.
The last few times it has fallen close to this moving average, it has provided a great buy opportunity for the short, mid, and long term.
Currently, the MA level to watch is 431.
If we close below this moving...
Tightening regulation of crypto-exchanges:
- financial audit of the crypto-exchanges;
- the regulator may tighten the KYC procedure;
- only the verified users will be able to trade.
The unverified accounts will be blocked. People will have to provide evidence to prove the origin of funds. This may apply to already verified users too.
Unverified accounts are the...
BTC Daily Inside Bar Break up
Our Last Trade was very successful
and so far Earned about 8000 USD
Now btc fromed another Inisde Bar
Once the neckline was broken,
BTC will rally to 50K
Guys, Watch for the break-out and pull back
BTCUSDT is testing the Weekly resistance. IF the price will have a breakout from the weekly and retest the previous resistance as new support, we can look for long scenario, otherwise we can see a retracement until the 0.5 Fibonacci level on the previous support.
We don't open a Long Position below weekly resistance
It took only two weeks for the price of the AliceUSDT pair to fully work out the previous idea
First, the Alice price fell into the buy zone of $3.80-4.60 , making a -50% maneuver.
And then a miracle happened)
Growth from $4 to $15 per week,...
We had some strong bull candles and pump in the next few days ago, and that was expected as we mentioned in the last analysis:
now and here price is near strong resistance zones so we are going to open some short positions.
EURJPY is trading inside a range from 129.55 to 130.35
The probability is very high that the price may move higher again. The first target will be the resistance zone near 130.25
Because of the low volume, I would suggest closing 1/2 of the profits there and the rest of the position for the next target at 131.
Thank you and Good Luck!
Friends I am overwhelmed by your generosity, thanks for the likes and comments, thank you for being so giving and kind, not many people have the virtue of generosity.
Analysis on #NZDCAD
simple trend continuation opportunity that may come soon if the market test the trendline support also a key support zone near 0.8700 level, I will look for a reason to get in...
EURUSD after our last profit bounced exactly over the weekly support at our take-profit.
The price has now broken the descending channel and currently is testing a minor resistance.
According to Plancton's strategy if the market will break above we will set a nice long order.
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
The price broke above triangle structure, price is currently in a pullback/correction phase after reaching support if price holds above the support manages to break above the structure I expect the price to move higher towards the next resistance..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without...
-Shares of Chinese electric-vehicle (EV) maker Nio (NYSE:NIO) are about 30% below January 2021 highs. But investors still might think it's too late to buy shares, as the stock is still up 260% from one year ago, and just under 1,000% higher since the start of 2020.
-Though the company is making progress toward profitability, Nio is still recording net losses....
I'm waiting that price can finish this move soon. If TSLA can pull back from nearest support (625.00) and made new uptrend. We can open long position as soon as price will start growing. As a target we can take next level (750.00).
Diversifying your strategy
There are lots of ways to "win" at investing. For diversification, it can be useful to bet on a lot of different strategies, because often when one strategy starts to go wrong, another will start to go right.
But unless you're an expert coder with a lot of free time, you probably can't actively manage multiple different strategies...
In Daily and 4H time frames, price has been rejected by the channel’s lower band and is pushed to the upside.
MACD shows a positive divergence:
Although price has made a higher low, MACD has made a lower low.
For now, I expect a rise to 92.840 which is the yesterday’s high, then if price could break the daily high, we can expect more rise to 93.20 which is the...
Stocks drifted sideways on Wednesday, with investors digesting a slew of earnings results and looking ahead to another set of reports. A monetary policy statement from the Federal Reserve is also slated for release.
Nasdaq struggled for direction, fluctuating between small gains and losses.
As you can see, we find ourselves in the middle of...
Pattern: Triangle on 1D.
Signal: Sell once the price closes below the 4H MA50 (green trend-line) which has been the sell confirmation on the previous bearish leg of the Triangle. Also the price got rejected on the Lower Highs trend-line of the Triangle. Notice how the 1D RSI has been on a Bearish Divergence.
Target: 90.000 (a little over the 0.9 Fibonacci...
This is what we said in our analysis on EURUSD from earlier today about the FED Interest rate decision:
"Today is the FED Interest rate decision. This is the most important event right now.
Based on that we will see certain moves in the market. That's why we will wait for it in order to see in what direction we want to trade.
The question is not if there...
As you see in the chart, there is a sharp downtrend which is in a very slow bullish correction phase in the form of a reversal head and shoulders pattern.
The neckline is between daily (1793) and weekly low (1789) and if it broken out to the downside, we can expect a fall at least as the same size as the pattern’s head (1750).
Generally, I’m on the bearish side...
The price is unable to break through a strong resistance zone. The price is in the selling zone and I think that bears will dominate in the near future and the price will fall. The goal is support
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
Hello everyone, if you like the idea, do not forget to support with a like and follow.
SILVER is approaching strong daily support in green so we will be looking for buy setups.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
on H4: SILVER is forming a channel in blue but our upper...
Every once in a while you have to commit to something that pushes the boundaries of your comfort zone — that gets your heart beating, the breath shaky and palms sweaty. For us, that’s this moment right now, where we share with you the efforts of a project that’s been a long time in the making. It’s with great pleasure that we present to you the new look and feel...
Hello Traders. Welcome to Chapter 4.6! This is FINAL CHAPTER of my Elliott Waves series that took me 6 months to create starting from chapter 1. Here we will finally conclude with learning about the "Fibonacci Ratio Lengths for Corrective Wave Multiples". In the previous sub-chapter, we learned how to apply Fibonacci lengths for waves 1-5, now we will learn how to...
Hey here is Technical Patterns cheat sheet for traders.
🖨 Every trader must print this cheatsheet and keep it on the desk 👍
🖼 Printable picture below (Right click > Save Image As…)
In finance, technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data,...
As you may have seen, TradingView’s got a new look and feel. As part of this rebrand, we’ve partnered with top athletes in the fields of climbing, skiing and adventuring, including legendary free soloing rock climber Alex Honnold. Alex knows a thing or two about risk – being the first person in the world to have ever free solo-climbed El Capitan in Yosemite Valley...
Regression trends are typically used to determine when a price is unusually far from its baseline. The script calculates the linear regression of volume and price to determine the trend direction and strength. This can be used to determine the volume support for upward/downward trends.
As a special feature, this indicator allows you to choose from three (as of...
Probability Distribution Histogram
During data exploration it is often useful to plot the distribution of the data one is exploring. This indicator plots the distribution of data between different bins.
Essentially, what we do is we look at the min and max of the entire data set to determine its range. When we have the range of the data, we decide how many...
Market Trading Sessions is a tool designed to help traders to find the best times of the day for price action trading. It displays non-overlapping visuals for the major trading sessions : Oceania, Asia, Europe, and USA.
This tool has been designed to match all the following requirements that I needed for optimal usage :
Display opening and...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Hi everyone, in advance of starting a podcast, I'm still producing some video TA on here. In this video, I do Bitcoin price analysis and explain the sentiment and factors behind the recent short squeeze. I may do another video about my altcoins, but for now all eyes are on Bitcoin to (hopefully) lead the market out of the slump.
As always, this is not financial...