🎯 In the financial market the orders are on two categories. ✅ Market Execution orders LONG - BUY SHORT - SELL meaning that you are ok with the price on the certain asset and you would like to short or long it on the other side there is ✅ Pending Orders - meaning you are not ok with the actual price and you would like to buy/sell it later in time I use pending...
📉 I tried to explain in this example how i use PDH/PDL to spot intra-day reversals, this happens on all the financial instruments from forex to crypto. Take a look and study this concept. What do you think ? Have you traded it ?
I tried to show you in this example how i use weekly high / weekly low to spot intra-week reversals bearish or bullish. Just look for a drop below previous weekly low and a bullish confirmation - intra week bullish reversal Look for a rise above previous weekly high and a bearish confirmation - intra week bearish reversal Plain and simple, have a great trading week. ✅✅✅
From here (64 thousand) in the interval of 5 months to 90 thousand and 100 thousand and from there the correction of time to 45 to 55 thousand in the interval of 7 months to 1 year and then long-term ascent to 250 thousand to 300 Thousand
Although Bitcoin is very well known today, many still don't understand it fully. Here's a quick explainer of what Bitcoin is, why the big fuss about eco-friendliness is surfacing and affecting its prices, and what's happening with Bitcoin's price. Bitcoin is a decentralized digital currency that can be sent from user to user, without any intermediary. The Bitcoin...
Good day fellow traders. I hardly post these days. But for the purpose of sharing some views. You could say Logic> retrace vs what does the structure tell you. Let me be clear always be bearish aka sensible. Before you make a decision!!!!! I expected a correction of larger size in the last week. So what is happening We are currently in what seems to be a 5ft...
How to trade in diamond pattern: 1: Break; 2: Pivot; 3: Bounce; 4: Higher volume than last ones.
Hello Traders. Welcome to Chapter 4.3, where we will be learning about the 'Market Psychology' aspect of Elliott Waves . This is one of the most important and interesting proponents of the Elliott Wave theory as it constitutes all the psychological aspects within the whole market. If you have a clear understanding of market psychology within each level of wave...
Hello Traders. Welcome to Chapter 4.2, where we will be learning about channeling in Elliott Waves (also known as, parallel channels) - something that many of you are probably already doing in your daily technical analysis, but probably have not known that it could be used within the Elliott Wave theory. This method is going to give us an extra edge when it comes...
💡 Becoming a Better Trader – Maximizing Breakout and Pullback Strategies
TRADING STRATEGY: Risk always 1% . When we reached the first target, we move the stop loss to the entry price. Every time we reach a new target, we also move the stop loss and secure the profit RISK:REWARD RATIO: The risk-reward ratio measures how much your potential reward is, for every dollar you risk. For example: If you have a risk-reward ratio of 1:3,...
Hello Traders. Welcome to Chapter 4.1, our FINAL chapter! In this sub chapter, we will learn the theory of alternation. In chapter 4, you will learn all of the applications and guidelines on how to connect a lot of the patterns that we learned in the previous chapters. The rule of alternation lies within the pattern of two corrective macro swings in a completed...
BTCUSD Got rejected around .618 Fibonacci level.Is this rejection will hold the bull market.Before that we can see minor double top pattern. The fear and greed index for BTC is still below the 15 level.As Fibonacci principle Our primary bullish target would be 42400.00 which is 1.272 level
Hello Traders. Welcome to Chapter 3.6, THE FINAL SUB CHAPTER! You made it this far, congratulations, you have learned a lot of the basic and complex patterns. We are going to finish this sub-chapter with the final complex correction pattern called the "Triple Three" pattern, which is VERY similar to the double three! Chapter 3 Glossary: 3.1 Zig-Zag Waves 3.2...
Hello Traders. Welcome to Chapter 3.5, where we talk further about two more different types of triangles - the Barrier and Expanded triangle. In the previous chapter we talked about the running flat and contracting triangle, but for these two, they are essentially the same but different overall shape! Most importantly, these are very common patterns within the...
Do crypto taxes within minutes. Crypto trader.tax accepts all crypto exchanges.