Trade management is tough. You’re having to make split second decisions with hard-earned money on the line. There is a great deal of column inches dedicated to trade entry, but consistent and effective trade management is often what makes or breaks a trading account. In this second instalment of our Indicator Insights series, we’ll turn our attention to the ...
looking for High liquidity grab zone (HiLQ) and Low liquidity grab zone (LoLQ), Our entry is at 23% fib retracement level, thats called LQprz point
ASIAN Session Liquidity Sweep Model Mark High and Low created in Asian Session. 1. Upon starting of London Session it sweep Asian Session liquidity and closed price below Asian Session High. 2. Created Bearish OB. 3. Sell side imbalance in form of FVG. So we have three confluences i.e. Liquidity Sweep + OB + FVG Remember these three are confirmation for trend...
Once you have drawn Order Block on Daily time frame now move to lower time frame like 1H , 30 M or lower, you can see it started creating bullish candles. In this particular case a popular bullish candlestick pattern three white soldiers formed at 30 M time frame indicting potential reversal in trend.
Order blocks are price zones on a chart where large market participants, like institutional traders, have amassed significant buy or sell orders.
Identify bearish order block as mentioned in previous post. Go to lower time frame to check consolidation phase and mark its support level. Check point where price went below support level and comeback to retest. Enter short trade once it breaks below again. so now we have 4 confluences for short entry. 1. 4 Hour's Bearish OB 2. Price Consolidation at...
Here's an analysis of various candlestick patterns commonly used in technical analysis of financial markets: Dragonfly Doji: This candlestick has a small body with a long lower shadow and no upper shadow, indicating significant price exploration lower but closing near the opening price. It is often interpreted as a signal of a potential bullish reversal. Morning...
Forex trading, also known as foreign exchange trading, buys and sells currencies to make a profit. It is the largest and most liquid financial market globally, with trillions of dollars traded daily. The forex market operates 24 hours a day, five days a week, allowing traders worldwide to participate. The Importance of Patience 🕰️ Patience is a fundamental...
"This strategy incorporates an Elliott Wave base, but I've simplified it. Typically, it forms at the end of an upward or downward movement. When you connect the lows and highs and observe the expanding WEDGE pattern: wait for the candle to close above the upper SIDE. If it retraces below, specifically closing below the upper SIDE, it's a signal to sell. The...
YOUR QUESTION ANSWERED! What on earth are Fake outs, Shake outs and Whipsaws? After this you will know… Fake-out: (When the price makes a false breakout of a chart pattern) A fake-out occurs when the price of a market appears to break out of a certain chart pattern. This could be a trendline, support, or resistance level. But then quickly reverses and...
Me Going Over How I Will Approach The Market This Week.
Introduction Swing trading is a strategy that traders use to capitalize on the "swing" or change in the prices of stocks. It involves holding a stock for a period ranging from a few days to several weeks to profit from price changes or 'swings'. A critical aspect of swing trading is identifying the perfect buy point (PBP), which is the most opportune moment to...
In the today's article, I will reveal trading secrets I wish I knew when I started trading. 1️⃣ Forget about becoming a pro quickly Most of the traders believe, that you can learn how to trade easily and that it takes a very short period of time in order to master a profitable trading strategy. The truth is, however, that trading is a long journey. I spent...
ASCENDING TRIANGLE: Identify the levels where the price has often closed and opened (black line). The price is making higher and higher lows. Draw a bullish diagonal. Take Profit is calculated by plotting the lowest increase on the black line (see graph). Report this segment to the BREAK of the black line, but ESPECIALLY to the CLOSING of the candle in its time...
Harmonics Space Time Delivery inefficiency and Order. proof or work for documentation
My partner @Mayfair_Ventures and I like innovation, but we have been sceptical of bot-driven trading. This if for one simple reason. If it was available and consistently profitable, then someone would be doing it, then others would find out, then everyone would be doing it. No one would need a job. If you know about chaos theory, then you'll recognise trading as...
The VCP is an essential pattern for swing traders, as it signals the potential for a significant price move. The pattern occurs when a stock goes through a series of contractions in price and volume, indicating that selling pressure is waning and the stock is setting up for a potential breakout. Key Components of VCP: Trapped Buyers (TBs): These are investors...
In this 5-Part series, we'll unlock the potential of various indicators and their applications, starting with the dynamic and versatile VWAP (Volume Weighted Average Price) . We’ll give you a simple 3-step method that uses VWAP to time your entry into emerging trends and run through plenty of worked examples. But before we get into the juicy bit, let’s start...