If you are planning to start Forex and Gold trading, I prepared for you a list of 6 essential things that you will need for a successful start.
1 - Charting Software
Obviously, if you want to trade, you should analyze the charts.
Most of the beginners apply metatrader 4 or 5 for that.
Even though meta trader is good as a trading terminal, from charting...
Hello,
If you're here, you've likely encountered the timeless advice of "buying at the bottom and selling at the top " is an advice you must have heard by now. However, executing this is one of the most difficult things for most people to do. This is majorly because most people cannot tell where the stock is at during any particular point in time.
Fundamentals...
Good morning, today I would like to draw your attention to a model that I am integrating into my analyses for this year. In this model, we define simple structural changes either downwards or upwards, in this context downwards using two BOS. Subsequently, we define the main demand zone where the price retests. After the retest, the price breaks upwards the...
Hello, Traders! 📈💡
Today, we're going to challenge a common misconception in the trading world: the obsession with having a high percentage of winning trades (Win Rate) and highlight the importance of shifting your focus towards Risk-to-Reward (R:R) ratios.
🚫 The Pitfall of Chasing a High Win Rate 🚫
🔹 Emotional Stress: Constantly aiming for a high Win Rate can...
How to Trade Symmetrical Triangles, Bull Flags, and Bear Flags Like a Pro: Unveiling a Game-Changing Strategy! Watch until the end
Unlock the Secrets of Symmetrical Triangles, Bull Flags, and Bear Flags Trading! Discover a Revolutionary Approach that Flips the Game: Targeting Retail Trader Sentiment for Smart Money Entries. Learn How to Trade Like a Pro and...
The most important problems leading to losses in the market and how to deal with them
"I suffered a series of severe losses, and to this day I still can't recover from it." - this is how an investor friend described the more difficult period he was going through. Life events made him more stressed than usual and on top of that, a series of losses happened to...
Investing at the institutional level involves a sophisticated blend of strategies, risk management, and performance measurement to achieve optimal returns. One of the cornerstones of creating an institutional-grade portfolio is the use of optimization methods, with particular focus on ratios such as the Sharpe Ratio, Sortino Ratio, and Omega Ratio. In this guide,...
This educational post is great for beginners who are just starting to grasp the concept of SMC. We've already talked about what an order block is. This time we'll talk about other types of blocks in trading.
✴️ Mitigation Block
Mitigation Block is a sell or buy zone, which is formed when the market structure (BOS) continues. In other words, it is a broken order...
A psychological level is a price level that traders feel to be significant, generally due to its round number or because it has previously acted as a support or resistance level.
These levels are not based on any intrinsic fundamental worth, but rather on market participants' collective view and conduct.
These levels, sometimes known as "invisible lines,"...
The Wyckoff Method, developed in the early 20th century by Richard Demille Wyckoff (1873–1934), a pioneering figure in technical analysis, which is still widely used and resonates within markets today.
This comprehensive approach to trading is based on the relationship between supply and demand.
Wyckoff's interest in the stock market materialized at the...
How Global Market Shifts Shape the Crypto Frontier
In the ever-evolving landscape of global finance, a keen understanding of broader market dynamics is crucial, especially when analyzing cryptocurrencies like Bitcoin. The recent tumultuous events in China's stock exchanges provide a rich context for this analysis, especially when viewed through the lens of...
Mastering MKR Moves: A TLS System Approach
Looking into the complexities of MKR's market patterns, we're applying the Traffic Light System (TLS) to guide us through the ups and downs and decode potential trade setups.
🚦 TLS Analysis on MKR: MKR's daily chart shows tactical entry points and critical thresholds, similar to steering a complex intersection...
Forex - foreign exchange market, is a location where international currencies are bought and sold by economic participants at various exchange rates.
Forex market is the biggest market in the world, reaching on average 6 trillion dollars trading volumes daily.
Forex market is a vital element for a global economy because it provides capital exchanges ...
Im going to do a series of posts that are all about trade planning and learning about consistency and discipline through a practice. In this exercise, I will be consistently planning, executing what I planned, and documenting 30 trades.
A trade plan consists of a method, trade management, position sizing, documentation and review. A trade plan should state ahead...
Bollinger Bands Part II: Reversal Patterns
Analzying Two Key Patterns Called M-Tops and W-Bottoms
This post will go into greater depth than the basic introduction to Bollinger Bands published last week. In particular, it will discuss two key reversal patterns. Both the M-top reversal pattern and W-bottom reversal pattern are price patterns that form in...
In this approach, we will outline one of the best entry points on M15. The model involves quickly assessing a potential demand area by identifying a liquidity zone formed during the Fibonacci retracement at the .62-0.78 level. From this zone, the market initiates a physiological uptrend before retracing downward, creating a sharp movement with an internal break,...
Market Structure is simply making distinctions in price flow. its putting structure around what looks like chaos so that we have a way to measure and orient ourselves to any market in any timeframe. When I look at a market, I want to see objectively in swings.
Swings are the common thread that weaves through all markets and timeframes, providing a clear...
Mastering the Mindset: A Comprehensive Guide to Trading Psychology
Trading in the financial markets is not just about analyses and strategies; it’s equally about mastering one’s mind. The importance of trading psychology is often underestimated, yet it plays a pivotal role in shaping trading decisions and outcomes.
This comprehensive guide delves into how to...
