This is a lot different to our normal video but I really wanted to show the @TradingView community how you can use AI to build indicators in @PineCoders I thought it would be easier to do as a video idea than a stream. So I hope you enjoy & don't forget to shout out to me when you try it for yourself, I am keen to see what you build! All the best Mayfair!
How to deal with trading and emotions. A morning conversation about few tips of how to maintain emotions and deal with losses as well as wins.
Couple of trades for this afternoon. Using the wavesofsuccess wave count methods. Enjoy!
If you sign up with a broker that states they don't charge fees, swaps, commissions i.e - everything is for free with us, you WILL pay them a lot more than if you were to sign up with a company that clearly says - no free lunch here, you will pay! Simple as that. Remember a saying - the stingy pay double the money!
A Bullish Fair Value Gap is a 3 candle structure with an up impulse candle (2nd) that indicates and creates an imbalance or an inefficiency in the market. WHAT DO THE IMBALANCES TELL US? These imbalances tell us that the buying and selling is not equal. Now the market needs to rebalance (move at least to 50% of the fair value gap to fill) to make up for the...
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 For the biggest part, I prefer to trade reactive rather than predictive. Chart patterns really come in handy with this...
Hello trader! How much time do you usually need to spend studying charts and watching the currency markets? I'm sure many of you at the beginning of your trading career literally stuck to your computer screens for days on end, obsessing over charts, drinking large amounts of coffee and constantly placing orders throughout the day, but is this the only, realistic...
This diagram helps visualize the effects of overtrading. Overtrading is placing more trades than should be placed, typically resulting in unnecessary losses. There is a fixed number of trade setups that will occur with any trading system during any time period and ideally each trade setup will be traded to produce maximal profits. In general, trades that are...
But not by any of the brokers..... They are rigged by OUR OWN MINDS Let me explain..... You start learning how to trade, all the lingo, and even some strategy. You start a demo account, doesn't matter where, and just start trading You do it just like you learned, from where ever you learned it. Indicators, check, do the analysis, check, major levels,...
💶The history of the foreign exchange market (forex) dates back centuries, with evidence of currency exchange dating back to ancient civilizations. Here is a brief overview of the ancient history of forex: • Ancient Mesopotamia: The Mesopotamians, who lived in present-day Iraq, are believed to have been the first civilization to use a form of currency. They...
Are you looking for an effective trading indicator that can work across multiple markets? Look no further than Najoomi ji's Vedic Ema cloud, Vedic deviation ballinger band, Vedic support resistance based on RSI, and Vedic psychological level indicators! These indicators are based on a powerful combination of deviation bands, market volatility, and...
First of all, let us clarify, that what we mean by a "bad trade" is simply a transaction that was unsuccessful . There are no "good" or "bad" trades as the whole system of trading is random and unpredictable. In other words, if we knew how to differentiate between bad and good trades, then technically, we would always choose to enter good trades, right? Or should...
In the previous post we learned what financial ratios are. These are ratios of various indicators from financial statements that help us draw conclusions about the fundamental strength of a company and its investment attractiveness. In the same post, I listed the financial ratios that I use in my strategy, with formulas for their calculations. Now let's take...
Sharing my experience and thoughts on swing trading :> First of all, many people have misunderstandings about swing trading. It is not an investment but rather a speculative activity that seeks to capture opportunities and time the market. Generally, swing trades last from a few days to a few months, and trend-following strategies are the most common. . . . Here...
NYMEX: WTI Crude Oil ( NYMEX:CL1! ) On March 30, 1983, New York Mercantile Exchange (NYMEX) launched futures contract on WTI crude oil. This marked the beginning of an era of energy futures. WTI is now the most liquid commodity futures contract in the world. It’s 1.7 million daily volume is equivalent to 1.7 billion barrels of crude oil and $125 billion in...
Review this first to see the fair value gap: (1)Trades inside the -FVG (2) Rejects -FVG(MT) (3) Holds -FVG(L) Note: This is a high probability sign for moves higher, price trades inside the 4H-FVG. Once price is inside, the price trades to the 4H-FVG(MT) and trades back down to the 4H-FVG(L) and price holds for a continuation inside. (4) Prices trades through...
📉📈 Trading is a highly competitive and dynamic field that requires discipline, knowledge, and skill. Whether you are a beginner or an experienced trader, it's important to stay focused and learn from the wisdom of those who have succeeded before you. Here are 10 of the most important quotes about trading that can help guide you towards success: 1️⃣. "The stock...
💲 Stop loss orders are a trader's essential tool for risk management. When trading any financial instrument, it is important to have a plan to minimize losses and protect profits. Stop loss orders provide traders with a level of control over their trades, allowing them to exit positions if the market moves against them. 💲A stop loss order is an instruction...