What Is the 2% Rule?
The 2% rule is an investing strategy where an investor risks no more than 2% of their available capital on any single trade. To implement the 2% rule, the investor first must calculate what 2% of their available trading account is: Example: $5,000.00 account equals $100.00 risk per trade.
The 2% rule is an investing...
The basics of what it takes to be a successful trader are simple and obvious
Yet daily, I see traders who fail at one or multiple KEY points that sink their performance and they keep losing accounts even though these people do have the understanding of the market that would have been sufficient enough for...
In this video we will be covering what the Top Panel has to offer and some of its functions.
This will be the first part of a video series where we will be providing video walkthroughs of tools and items on the TradingView platform.
We hope that this helps both the brand new TradingView user as well as the seasoned user.
Feel free to let us know what features...
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Several chartists use the approach of price-action to predict the market movements. Some include volume too. However, most professional traders prefer using a multidimensional approach to market...
After a big battle in 30k zone, bulls took control and Bitcoin rose 30% in a very short time.
At this moment the main crypto is trading just under 40k and is facing a strong technical confluence resistance.
A correction is probable at this point but as long as the price stays above 35k there are good perspectives and bulls are in control.
Buy dips is my strategy...
After BTC not breaking the resistance of 41k we see a correction, I expect to enter the market at 38.2 -50% fibo.
After that, if we break the blue resistance line we could see 42800-46800
Addresses holding between 100 and 10,000 BTC have just reached a combined AllTimeHigh 9.19 million coins. They have added another 170,000 BTC since 22 May and a staggering...
BTCUSD is approaching a major daily resistance cluster.
40.800 - 41.500 is a potential reversal zone.
To catch a swing move from that,
wait for a bearish breakout of a bear flag that is formed on 4H.
We need at least a 4H candle close below its support to confirm a breakout.
Goals will be - 36.400 / 30.300
In case if...
The last time we made a global idea for the ADAUSDT pair was 3.5 months ago.
We wrote that there will still be an increase in ADA to $2, but for this we need to wait a bit. You can check the result below.
But now, looking at the global ADAUSD chart, we no...
Looking at NZDCHF's price action from higher time frame, we see a clear bullish up move,
and now price has form into this deep, flag/channel correctional structure.
Price continue to correct, and moving side way in the consolidation phrase.
But now, looking at the latest price action on the lower time frame,
we are still smaller descending...
Yesterday we saw price reaching the firs serious resistance at 1,1880.
This is a strong move and it looks like it might continue. Right now we could see a pullback to the 1,1840-55 zone.
If we get candlestick confirmation those would be a good buy levels where we could be looking at 1,1940-50 levels next.
An uptrend is more likely as long as price is above...
Once the price broke out from this daily triangle, we can see an immediate correction. The price continues to form bullish patterns. This is showing that the market is thinking about the next move and seems to be bullish in general. Perhaps many of the investors are thinking that $TSLA is overvalued and they want to see the price drop in order to add more to their...
GBTC has very clear structure and we probably finished 5-wavish move at 35,5 $ and we will see some 3-wavish pullback, ideal support zone is at 28,5 $, OR we will continue in downtrend, because this 5-wavish move up could easily be only wave C, in corrective uptrend ABC move. RSI divergence is confirming, that top should be SET. Though sentiment is still...
The total crypto cap just fell out its rising wedge which means the market is in for a correction! Like I said at the start of the week, there were too many green days stringed together in cryptoland; which only means one thing: a correction is coming!
Be aware of the market maker!
Now let's have a conversation! We just came out of an insane run to the upside...
As you can see, spx touched on the Ma50 lines 3 times around the 19/20th of May, June and July. Perhaps 4th time lucky and we will get sp touching the Ma50 line on Aug 19, or it could reach a high on Aug 19th and does corretion.
19th seems to call the turns of previous months. this is something we shall wait and see. it is healthy to see spx corrects itself...
After confirming 1790 as strong support and consolidating in 1800 zone for several days bulls took control and now Gold is trading close to 1835 newly formed resistance.
I believe we will have a break and swing traders can target 1920 resistance
I m looking to buy dips
In the previous idea below the price ended the correction as ABC model as expected. The price is now above the bullish flag and is testing a broken resistance are now turned in support. The probability is very high that we can see the price move higher up to 2280.
Thank you and Good Luck!
The price broke up beyond the local resistance formed within the price channel and almost reached the top on July 15. I think that before further growth, gold will make a correction to the support level. I look forward to growth to the resistance zone.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
And so, gold breaks through all strong bearish resistances on its way, the instrument was bought off very strongly and it practically renewed the high. I think that the bullish trend is recovering and it makes sense to expect growth. I think that after a pullback, the price may rise to the resistance of 1862
Remember, there is no place for luck in trading - only...
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...
***For a Detailed Video Overview Showing all of the Settings...
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New _CM_MacD_Ult_MTF _V2 Update 07-28-2021
Thanks to @SKTennis for help in Updating code to V2
Added Groups to Settings Pane.
Added Color Plots to Settings...
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...
Hi everyone! Hope everyone is doing good... I'm fine... Simply providing further explanation using multiple time frames as to why we still have a couple of days before seeing a DEFINITIVE answer to which direction we are going...
Happy Trading and Stay Awesome!
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.
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for BITCOIN, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
MATICUSDT is creating a pennant below the weekly structure. IF the price will have a breakout from the weekly structure, According to Plancton's strategy (check our Academy ), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily...