Often, traders are pursuing the system's maximum profitability, upon creating trading strategies. However, it is more important not to increase the value of the expected profit, but to reduce the possible risk, which is expressed in the maximum allowable drawdown.
A simple, but relatively reliable way to assess the trading strategy effectiveness is to determine...
Hello!
If you like this analysis, please make sure to like the post!
Today we are going to focus on horizontal levels (HL).
➖HLs and other instruments are based on MA, they are used only for determining support and resistance levelling.
They are plotted depending on where the price movement stopped, where the price made its important high/low/close.
Higher...
Hello!
MA — moving average.
📌 This indicator shows the price average value over a certain period and gives the trend direction.
🔷 For global analysis and understanding the price movement direction we have to use short, medium and long MAs mainly on long time frames.
🔷 MAs may act as an additional support and resistance level. It is worth trading taking into...
Hello!
Our vision of choosing altcoins for trading and investment.
📌 The above advice is suitable for any type of altcoin, consider them only in the alt / usd pair.
We are beginning a new theme “Trading strategy’s most important technical analysis tools”.
Today we are going to tell you about the most important things in trading, candlesticks!
📌Japanese candlestick charts were developed in the 17th-18th centuries by the Japanese rice traders. They were introduced to trading by Steve Nison in the 20th century. It's a simple,...
Hello, we continue to study candlesticks.
⚡️ Maximal/minimal
🔶 For this it is desirable for reversal candlestick to have its own high/low. In addition to the convenience of placing stop-loss on them, its own minimum/maximum also increases the chances for a long term trend after such reversal. The reason for this is in the market reflectivity, all the patterns...
Greetings, fellows!
We are introducing a new article series about marketing making (MM) in cryptocurrency exchange. In these articles we will be focusing on the main MM strategies, current market trends and how to trade in this sphere.
Firstly, it is very important not to get confused with the “market maker” meaning in the cryptocurrency sphere with...
