Support and resistance is the basis on which every other technical tools is validated.
Supports levels are levels normally drawn below market structure showing regions where demand is highest and buyers are strongest. So when a markets get to an obvious support level, the buyers are expected to react and we should be looking for longing opportunities. 🍴
On the...
A candlestick depicts the graphical representation of price movements for a given period of time.
They are built on the basis of four elements of data;
1⃣ Opening price at a given time ✅
2⃣ The Highest point price attained during the period of time the candle was formed ✅
3⃣ The Lowest point price attained during the period of time the candle was formed...
FORMS OF MARKET STRUCTURE 🧑🎓
There are two major forms of market structure:
1. Trending market (market either heading up or down)
2. Ranging markets (market moving side to side)
It's important to know these market structures because they provide the best opportunities for money making
Very very important to note, we have one more type of market structure we...
Learn how to trade ZigZag with pending orders. Open Pending Orders on both the ends of current consolidation zone and yake profit at the end of ZigZag.
Price charts can be represented in lots of ways based on preference of the trader. Some of the popular ones include:
1) Line chart
2) Area charts
3) Kagi charts
4) Bar charts
5) Candlestick charts
Every trader is entitled to whatever type of chart he wishes to analyze the market with.
Hello guys, an educational post about Quasimodo or QM pattern.
Good luck.
If its useful please like it as a support and follow me for next analysis :)
.
salam be doostan ye post amoozeshi dar morede olgo QM, edame video be farsi ham toozih dadam.
moafagh bashid
like va follow faramoosh nashe :)
Trading the open range breakout. This strategy best works on days that the market or ticker gaps up or down.
This method isn't fool proof so do your research and back testing to see how it can work for you!
This is an introduction on "how to trade opening range breakout".
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Hey gang! Thanks for watching.
Reminder -The most important bits of a strategy are:
- directional bias
- where to trade
- where to risk
- how to manage
There's one final piece that we didn't mention in the video - capital management. AKA - how much to spend, of all of your capital, on the risk in a given trade.
A great rule of thumb is that no trade should...
Hey Traders today I wanted to take a step back and show new traders the proper way of entering the market when it's consolidating in a triangle. Triangles are very common in trading and know how to identify them on your charts is a great tool to add to your trading arnsenal. Triangles can lead to explosive moves in financial markets so lets dive in and break it...
In summary, understanding and analyzing price structures is essential for successful trading. It allows traders to identify trends, manage risk, time their trades effectively, and develop winning strategies that align with market conditions.
Thanks for watching, make sure to leave your comment below, my next video will showcase how I plan to buy back Bitcoin.
The video shows how being patient and waiting for your alerts. Could pay off. Test things out by using the replay method. Wait for your alerts to give you the setup you're looking for.
This analysis is a combination of some Albrooks price action analysis techniques combined with ICT techniques. Moreof ICT techniques can be seen in my analysis and I have mapped out my models from his teachings.
