Stocks that are falling rapidly often have the illusion that they will never stop falling. The panic that settles into the mindset of an investor who is watching his or her profits and capital erode overnight can overwhelm a stock’s price action. So for a brief time, the stock can behave outside of what the chart patterns would suggest was reasonable. But the...
Hello, good morning, I want to introduce a simple strategy to those who trade in low frame time. For example, I'm on the Dow Jones chart for 5 minutes at a time frame Take a closer look at this backtest You must first find support and resistance levels In the next neighbourhood, be patient until the price hits that level Now wait for the first candle to form...
Hey traders, In this post, we will discuss 3 simple and profitable types of a triangle pattern. 1️⃣The first type of triangle is called a descending triangle. It is a reversal price action pattern that quite accurately indicates the exhaustion of a bullish trend. Setting a new higher high the market retraces and sets a higher low, then bulls start pushing...
In this video, you will see me analyse my forex watchlists to look for trading opportunities day trading for forex beginners day trading forex strategies forex day trading strategies for beginners day trading forex strategies price action for beginners
I am recapping these previous trade set up. I hope my 600+ followers understand how I do my live market execution trade set ups. What I am looking for in a live trade set up is first wait for the break out. I am looking for a break out candle which closes above a trend line. Next, I am looking for a retest of the trend line. In the examples below, retest...
❗️Japanese candlesticks as a technical analysis tool were invented earlier than others, but they were not widely used immediately. By the name, it is easy to guess that Japan became the "homeland": local rice traders used this method already in the 18th century. However, due to the geographical remoteness and closeness of the country from external "visitors",...
In this video i walk you through my day trading strategy from higher time frame to lower time frame. In the video, you will discover; How to day trade How to analyze the market from a higher time frame to a lower time frame How to pick the best trades that win. How to mark your support and resistance. How to follow the trend and many more.
Hey traders, In this article, we will discuss a very common pattern that is called gap. In technical analysis, the gap is the difference between the closing price of the previous candlestick and the opening price of the next candlestick. 📈Gap up represents a situation when the price bounces up sharply at the moment of a transition from one candlestick to...
There are a large number of technical analysis figures, there are many different patterns, but as you know, they do not work 100% of the time. No matter what you trade, you should always pay attention to the market context and the pin bar is no exception. Pin bar is a very profitable pattern, provided that you trade it correctly. Beginners often make mistakes...
AMD reports after the close today and is expected to have strong revenues over last quarter. The chart patterns suggest some Pro Traders setting up ahead of the report. The question is how far can it rise on the retail reaction to the report? Where are the sellers? See the red lines. 124 is the strongest resistance for the short-term trend, but there are...
These candlestick patterns are used for predicting the future direction of the price movements. In this tutorial, we will discuss powerful candlestick patterns . Stay green
Some traders try to watch Level 2 data to discern when the large-lot orders come through to get an idea of when the big institutions are accumulating in the Dark Pools, but you really don’t need that. Plus, whether that’s accurate is questionable since Dark Pool transactions are reported way after they were transacted. “Dark Pool buy zones” is a term I coined...
In this video, I explained in detail the two most important candlestick patterns that you will ever need to make money from the financial market consistently.
Technical Analysis demystified: In this video, I defined what technical analysis is. Summarized the history behind candlesticks and many more. This is Technical Analysis defined by me with simplicity. Very simple and easy to understand.
iif strategy is using just a flag pattern 1) normal close line with green color that show mojo-jojo🦹 moving of market 2) hma 9 of close: for tracking fast movments 3) hma 9 of open: for tracking slow movements! I think the best timeframe is 15 minutes but you can try other tfs ;)
Hey traders, If you follow me for quite a while you probably noticed that I apply a candlestick chart for the market analysis. In this post, we will discuss how to read an individual candlestick and we will outline its important elements. 🔰The candlestick reflects the price movement for a selected period of time. An hourly candle will show you a price...
█ DISCLAIMER Are you looking for an answer for Best Quantification of Candlestick Patterns? you are not going to get here. It's just my thoughts about an indicator built on this concept that will be published next month (because I can only post two public indicators per month). Felt to discuss this with the community before head because I am excited to know...
HOW-TO educational video on using TheStrat Alerts indicator in combination with TradingView awesome Alert functionality. Time is precious and like many of you I cannot sit and watch charts all day, so I coded this indicator to do that for me and to alert me just prior to the closure of an actionable TheStrat setup. There are 5 steps when using this...