Are you still making these range trading mistakes? Majority of traders always have the sense of urgency to get involved into a position, which is a trait you need to avoid at all cost. Successful traders spend 90% of their time thinking, 10% of the time taking action. Trading in a range bound condition sounds easy, especially if you are referring to the textbook...
The bond market can be quite tricky.
In terms of yield curves consider the following:
Bear steepening
Bull Steepening
Bear Flattening
Bull Flattening
> Steepening (the premium for longer debt is growing)
> Flattening (the premium is shrinking)
For example, bull steepening, which is exactly what we have been doing this since the start of this...
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Many of you may have heard this old business maxim before, but if you haven't, it essentially means that the people who made the most money during the gold rushes in centuries' past were the people who sold picks, shovels, and mining equipment to the miners. Sure, every now and again a miner would strike it rich, finding a profitable ore vein or massive nugget of...
Hi Everyone! We are at RISK of falling to the White/Aqua LOWER B-Bands Price Range WITHIN the next 5-Days in the 2-Day Time Frame. I will post a chart of the 2-Day TF shortly.
As per our last analysis (attached below), we know that Bitcoin is still overall bullish and we will be looking for trend-following buy setups as it approaches the lower brown trendline.
Bitcoin formed a valid trendline in red but it is not ready to go yet. We always wait for extra confirmation and trigger. We want the buyers to prove that they are taking...
Do you remember this trend-line I posted back in June, 2020? Well it is time we have a new look at it as it is closed to being tested again.
** The underlying trend-line **
As you see this is the dominant trend-line since the March 2020 bottom that was caused by the massive asset-wide liquidation due to the COVID pandemic. The trend-line has been holding as...
The price broke SMA20 and the bottom line of a triangle chart pattern. It gives us a bearish signal.
If we look at MACD and RSI, we will get additional bearish signals supporting a downward movement toward 30 000$ support and SMA50. The price action at this support will be able to provide interesting buying opportunities.
If the price breaks 30 000$ support,...
The pair is currently sitting on a very important key zone. We will closely monitor the market and wait for a break/retrace and a re-test before buying/selling🙌🏻
AUDUSD H8: BEST Level to SHORT/HOLD +100/+150 pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as SHORT because I expect more losses
before reversal off range lows later.
🔸 Summary and potential trade setup
::: AUDUSD 8hour/candle chart review
::: XABCD speculative setup
::: SHORT at point...
In December last year, the price left the upward trend.
It rose and broke through the resistance line 1.201.
For two months, the price moved above this line.
But recently it first touched it around 1.214.
And then it struck during the fall.
A strong line that has existed since the beginning of last year.
Recently, the price...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: CHFJPY is sitting around strong resistance in green so we will be looking for sell setups on lower timeframes.
on H4: CHFJPY formed a head and shoulders pattern in orange.
Trigger: Waiting for a momentum candle close below the gray neckline to sell.
The head and...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: FACEBOOK is sitting around strong support in green so we will be looking for buy setups on lower timeframes.
on H1: FACEBOOK is forming a trendline in red (but it is not valid yet) so we will be waiting for a third swing to form around it to consider it our...
US Futures drifted higher in the overnight session, with the S&P hitting a fresh all-time high of 3,859.62. We saw continued weakness in the labour market this morning, with jobless claims coming in higher than expected (exp 845k) at 900k, and over 5MM continuing claims persist. Not that the labour market has anything to do with this super cool new MMT economy....
On the 4 hour chart we can see that the price broke out of an ascending triangle and now a possible pullback up to $3.00 is expected for a retest of the broken support. So $2.87 - $3.00 USD is a price zone that I would pay close attention to.
From the other side we can see that RSI indicator is creating an Ascending Channel. All the time the indicators line...
US30 is still trading within a range. From this area we will be waiting for a break/bounce and a smooth re-test of the key zone before opening a valid position🙌🏻
We can see that the price for the USD got rejected at the 91.00 level.
Also, with Biden as the President now,
it is likely to have more stimulus in place,
more money into the economy, time to resume its downtrend.
The price came to the upper line of the growing channel.
This resistance line appeared in November last year.
Every time the price touched it, it fell.
Last week the price touched the support 3747.7.
I pushed off and started to grow.
And now it stopped at the resistance 3864.7.
I expect the price to fall back to support from resistance.
Therefore, you can start...
As we remember, at the beginning of January the price collapsed about the resistance level of 1959.22, after which it broke through the support zone - at that moment of resistance - moved in the zone without leaving it for several days, and then touched the support line at 1818.63.
From this line, the price started a new growth and eventually managed to break...
The bond market can be quite tricky.
In terms of yield curves consider the following:
Bear steepening
Bull Steepening
Bear Flattening
Bull Flattening
> Steepening (the premium for longer debt is growing)
> Flattening (the premium is shrinking)
For example, bull steepening, which is exactly what we have been doing this since the start of this...
After our last analysis on UK100 index we look for a new opportunity.
The price on the 4h chart retraced inside a channel until the 0.618 where the market found a support.
According to Plancton' s strategy if the conditions will be satisfied, we can set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴...
Daily/4h time frame analysis on gold.
Price action & key levels.
Trading recommendations & thoughts.
Please, support this video with like and comment. Thank you
The holidays are here and we want to send our biggest thank you to everyone. The daily support, feedback, and outreach is invaluable. Thank you! 🙏
During this time, we're reminded of how important it is to be thankful. 2020 has been a challenging year, but together, we can make 2021 much better. Our goal is to continue building a platform that gives anyone, no...
" Many are called, but few are chosen ". Ever heard this proverb?
This is certainly true for trading, in fact, there is even a rule in trading about this, the 90-90-90 rule. So what does this rule say?
" 90% of traders lose 90% of their money in 90 days "
😱😱😱
That's right, statistics show that 90% of people who start trading lose the majority of their money in...
Here is the 5 TIPS TO DO with your mistakes:
1. Acknowledge Your Errors
So often, we say things like, “It’s unfortunate, but market goes opposite me” or "SEC lawsuit crashed prices, so I lose" But blaming other people or minimizing your responsibility isn’t helpful to anyone.
Before you can learn from your mistakes, you have to accept full responsibility for...
So, the Ichimoku Cloud (Ichimoku Kinko Hyo) - WTF is it??? At first the Ichimoku Cloud can look a bit daunting, but after reading this, hopefully it will put you at ease & you will realise that it is a really neat and powerful indicator that shows you Momentum, Trend, Support and Resistance . Note that you can use the Ichimoku Cloud for all timeframes, but it may...
█ OVERVIEW
This indicator calculates relative volume, which is the ratio of present volume over an average of past volume.
It offers two calculation modes, both using a time reference as an anchor.
█ CONCEPTS
Calculation modes
The simplest way to calculate relative volume is by using the ratio of a bar's volume...
█ OVERALL
Plot raindrops (custom volume profiles) on user defined periods, for each period you get high and low, it slices each period in half to get independent vwap, volume profile and the volume traded per price at each half.
It works on intraday charts only, up to 720m (12H). It can plot balanced or unbalanced raindrops, and volume profiles up to 24H...
This is a stepped trailing exit example for educational purpose .
Short brief.
There are 1 stop loss and 3 profit levels.
When first tp is reached we move stop loss to break-even.
When second tp is reached we move stop loss to first tp.
When third tp is reached we exit by profit.
Hi Everyone! We are at RISK of falling to the White/Aqua LOWER B-Bands Price Range WITHIN the next 5-Days in the 2-Day Time Frame. I will post a chart of the 2-Day TF shortly.
Daily/4h time frame analysis on gold.
Price action & key levels.
Trading recommendations & thoughts.
Please, support this video with like and comment. Thank you
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.
![MESH2021: Raindrops [Makit0]](https://s3.tradingview.com/d/dJr8hv4v_mid.png "Raindrops [Makit0]")
