Hey ! I'm sharing with you the key to succes on the market. In this page, I will share many things to you, to be a profitable trader like me. This video is based on how to have a good risk management on Gold. P.S. = I m French Canadian, So I'm here to improved my english aswell
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...
I feel its important for even the most advanced traders to take the time once in a while to re-assess the fundamentals. For newer traders trying to learn this is how I create models of supply and demand. I look on the daily or H4 chart for areas of consolidation followed by an engulfing candle and draw a line, if price returns to that line and doesn't break...
In the world of crypto, altcoins like UNI offer amazing opportunities and lessons in market dynamics. For novice investors, understanding these dynamics can be a stepping stone to successful investing. Let’s look into the case of UNI and what its recent market movements can teach us. Understanding UNI and Its Market Significance UNI is the native token of...
When trading GBP/USD, traders often look for specific candlestick patterns and chart patterns to identify potential trend reversals, continuations, or other trading opportunities. Here are some candlestick patterns and chart patterns specific to GBP/USD trading: **1. Candlestick Patterns:** a. **Engulfing Pattern**: - Bullish engulfing: Occurs when a...
Price patterns are recurring formations on a chart that traders and analysts use to identify potential future price movements in financial markets. These patterns are formed as price pauses within a trending market and show increased pressure from the prevailing trend (continuation patterns) or a shift in power between buyers and sellers (reversal patterns).
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...
History doesn't repeat itself but it often rhymes. And in the stock market, more specifically with technical analysis, we are able to understand why price moved the way it did in the past and, if it's doing something similar again, what to expect. So here, we see repeated controlled selling channels (magenta) being used to build liquidity for buyers. We also...
People underestimate volume and what it could tell you about buyers and sellers in the market. This "strategy" or more accurately this way of understanding Volume can be utilized in any time frame and will open you up to understanding more movements and why things happen in "random" areas - when they are truly not random. Hope this helps and as always, Happy Trading!
The GBP/USD chart layout on TradingView provides traders with a comprehensive view of the price movements and key technical indicators specific to the British Pound (GBP) against the United States Dollar (USD) currency pair. Here's an introduction to the GBP/USD chart layout on TradingView: 1. **Price Chart**: - The main component of the GBP/USD chart layout...
Customizing chart settings for GBP/USD trading on TradingView allows traders to tailor the chart display according to their preferences and analysis requirements. Here's how to customize chart settings specifically for GBP/USD trading: 1. **Select GBP/USD as the Trading Instrument**: - Navigate to the TradingView homepage and click on the "Chart" tab to open a...
Creating an account on TradingView is a straightforward process that allows users to access the platform's wide range of features and tools. Here's a step-by-step guide to creating an account and navigating the interface: 1. **Sign-Up**: Visit the TradingView website (www.tradingview.com) and click on the "Sign-Up" button located at the top right corner of the...
TradingView is a comprehensive online platform designed for traders and investors to analyze financial markets and make informed trading decisions. It offers a wide range of tools and features tailored to meet the needs of both beginners and experienced traders. Here's an overview of the key aspects of the TradingView platform: 1. **Charting Tools**: TradingView...
RANGE BOX: When the price is in a ranging market look for date of when the price was last in its range. Example above shows we had the range, a breakout above and then a break back inside the range. Draw a box around the range and then identify the buy area and the sell area. This stops you from trading in the middle of the range and getting chopped up by the...
ZIGZAG Pattern is made up of 3 waves were Wave A has 5 impulse waves, Wave B has 3 corrective waves, and Wave C has 5 waves. Our main focus is riding Wave C once wave B finishes its retracements to fibonacci levels. Ideally, Wave A = Wave C. This means if Wave A made 20% move, Wave C should do the same.
Idea for a basic primary trade setup. Example timeframes: 4hr 1hr 15min Can be adjusted for hold period. Implementing: Support and Resistance Trendlines Channels Counter Trend Lines Candlestick patterns Price Patterns Ideas for entry points with different RRR and hit rates. Price example to follow
Hello Please take time and read it. The notice I want to explain is crystal clear for most Elliott and technical chartists but it is so important that needs to be mentioned again. Most of you know that a hard time in trading is when you do not know this trend that has started to move wants to stop here or there (or where). VERY VERY IMPORTANT: when a wave 3 wants...
In this context, we define an intelligent order flow, which is a convergence of flows, in this case, downwards, leading the price to create congestions, i.e., internal breaks, and then consolidation phases, i.e., external breaks, which bring the price into the demand zone, where we should consider opening a long position subsequently. The pattern is clear: demand...