5 Indicators : LUXALGO a-Adaptive MACD b- MACD based price forcasting DGT: a-Price Action Support & resistance b- ˜Dual Supertrends REDKTRADER a-REDK EVEREX Narrative is in Arabic
👋 Hello, Forex traders! In a market situation, swap zones in trading are formed as a result of a change in market direction. When the trend changes, the price often returns to the previous support or resistance line. This is due to the fact that participants often use the lines as reference points for trading decisions. Swap zones can be used by traders to...
The USD/TRY has one of the highest Roll Over Interest out there should you choose to take on this highly volatile pair. It isn't so much that it is volatile, it has to do more with price just moves one direction, and that is up. The way we want to go is down (short) or at least sideways (ranging). Why is this interesting? It is because the Rollover Interest...
✴️ Harmonic patterns are prevalent in consolidation markets. These patterns can be used as additional confirmation to enter a trade. Today let's study the Butterfly Pattern. The Butterfly Pattern in trading is a 5-point trend reversal pattern, which consists of two corrections that form the shape of a butterfly. The pattern can be formed on any timeframe, but most...
Let's start today with an excerpt from an interview in which we cover the important topic "It is the trader who is profitable, not the system". You'll see with examples how results depend on what's going on in a trader's head, so you'll look at your own results from a distance and see that they may in your case depend on deeper things than you've so far thought,...
XAUUSD TRADE: I saw this trade on gold which I didn't later took due to personal reasons, I normally enter my trades using Smart Money Concept (SMC), where by i spot a break of structure from the previous market reaction and wait for some confluences like liquidity to occur then I select a nice indecision candle which aligns with my Fibonacci level of 70.50% or...
After testing four so-called "private trading signal" providers, I'd want to write out my ideas and attempt to be as straightforward and honest as possible, with basic questions and possible answers. Of course, everyone's experience may differ, but I feel there are more similarities than differences. As well, I do not see the signal providers as angels or demons,...
I'm not going to say very much, about this chart simply because this is not the place and anyone that makes even a little effort should be able to understand the story it tell. I know this technique doesn't exist elsewhere and there's not a more accurate, reliable, simpler or visually convincing alternative. We'll know soon enough if the rest of the story follows...
I decided to apply the Wall Street Cheat Sheet to a chart of the S&P 500 during the Dotcom crash. It is impressive that it still works and holds so many lessons. The question you should ask yourself is, where are we now? Let me know your thoughts in the comments below. ------------------------------------------------------------- Understanding the implications...
With the crypto market on a strong run since October of last year and with many dreamers hoping for 100x or even 1000x returns, we must be extremely cautious of scammers. In this article, I will explain one of the most common types of scams: Rug Pulls. The term "rug pull" in the cryptocurrency industry refers to the moment when the founding team abruptly...
This chart shows the market capitalization of all altcoins vs Ethereum, Bitcoin, and USDT. This will help you figure out where the money in crypto is going at any given time, so that you will have an informed decision on where to put your crypto in too.
Hey guys! Today, we explore 'The Leap', and our strategy for the competition. It's easy to register if you haven't done so already. In this video, we cover; 1.) DIRECTIONAL BIAS 2.) WHERE TO TRADE 3.) WHERE TO RISK 4.) POSITION MANAGEMENT for the strategy we'll be using. It's a simple breakout strategy we're going to bring to a lower timeframe, so we can...
In the previous publication I started talking about my decision-making system. I use it when investing in stocks. This system allows me to answer three questions: - which stocks to choose? - at what price to make a trade? - and in what quantity? In this post, I will continue to answer the question Which stocks to pick? and tell you about another facet of...
Introduction In the ever-evolving world of financial markets, savvy investors and traders continuously seek strategies to optimize returns while managing risk. Among the plethora of strategies available, the covered call stands out for its simplicity and efficacy, especially when applied to a dynamic asset like Euro Futures. This article delves deep into the...
Welcome back to "Mind Over Markets," a series designed to give you some practical tips to help you deal with the psychological stresses of trading. In Part 1, we explored the concept of "asymmetric payoffs," emphasising the potential benefits of small routine changes. Part 2 encouraged us to "Think Big," urging a shift towards considering trades within the...
What Is Bitcoin Halving? Here's All You Need to Know. Halving is the event of slashing Bitcoin's mining rewards every 210,000 blocks, or roughly every four years. Read all about it here. Table of Contents Overview What Is Bitcoin Halving? When Is the Next Bitcoin Halving? Deep Dive into Blockchain How Are Miners Rewarded? Why Halving Matters? The Big...
You can learn a lot from the classic board game we all know and love: Monopoly. And as a trader, if you decide to play it again with your spouse or children – you’ll find the game to be very different. That’s because you have a better sense of risk, reward, probabilities and money management. You have the patience to grow a sizeable portfolio and eventually...
As a day trader, I understand the allure of making your mark trading financial instruments. The idea of making quick profits and essentially being your boss can be incredibly enticing. However, the reality is that day trading is more challenging than it may seem. The statistics are alarming - the majority of day traders lose money. But why is that? Today, I will...