The MACD is one of the most often used indicators by traders of all levels due to its ability to communicate a wide variety of signals such as momentum, value, change of direction etc.
Here is how to use TradingViews new 2.0 Screener to easily spot and get alerts for stocks that meet these conditions.
If I was to make this video again, what I would do is instead...
The Simple Xtrade Trading Strategy for Gold, meticulously crafted with a focus on precision and fortified by proper risk management practices. This strategy is tailored to navigate the complexities of the gold market with ease, offering traders a clear pathway to success.
With an emphasis on simplicity, this strategy cuts through the noise of the trading...
Even though I was interrupted by a phone call (lol) hear the end of this video, it still clearly illustrates how to use Fibonacci Price Sprials in conjunction with Fibonacci Price Theory to identify breakouts and targets.
Remember, I don't believe Fibonacci Price Spirals are very useful for targeting/predicting trends. I do believe they act as a means of...
Intro
I tried to talk through stop-loss placement in 3 minutes here. I do not think justice was done. So let's take a look at exactly what I mean when I say "Let Your Trade Cook". Proper stop-loss placement is critical to a successful trading plan.
Don't Place Your Stop Like Everyone Else
You are guilty of this, if you have been stopped out many times just...
In this video, I discuss The Anti a trade first mentioned by Linda Raschke in her 1996 book Street Smarts. Her version used a Stoch indicator but, I prefer a modified MACD indicator. To take this setup, you first need an indication of market reversal. In our case that will be climatic activity.
So this trade has 4 parts:
Climatic activity or other indication...
When the day started there wasn't much to see in terms of price action. I needed to zoom out to get some perspective on the market and the hourly timeframe provided just that. We had some climatic activity to the downside where the market could reverse. Early in the morning, it did exactly that but then the news hit, and the day got crazy.
Welcome to our discussion on the three vital aspects of a trade: Entry, Risk Management, and Exit. Mastering these components is crucial for successful trading. Let's delve into each aspect, understanding their significance and how they contribute to your trading strategy.
Entry:
The entry point marks the initiation of a trade. While it may seem straightforward,...
I completely forgot to record my market recap. My trading journal entries got deleted to the computer restarted. I lost all of my trade entries because I did not save them. Then I proceeded to lose two more trades today. Which is very frustrating.
Anyway, in this video I cover the trades that I took and the one possible setup outside of all of the news.
Ico Investors are increasing this year
Traders in crypto are in for a rude wake-up because there is so
many opportunities in this market
Watch out for Buying at the wrong time.
Remember that too much Greed to keep profit for more than a day will
destroy your profits
if you buy at the wrong time you will lose all your money this is called bag holding
Look for a...
In this video I describe trends, what the are, what a proper trend should look like and ways of indentifying a trend.
I cover the following tools to identify trends:
Trendlines (with consistency)
Internal Trendlines
Indicators: Linear regression, EMA, Channels/Bands
Pivot swings
I think no matter how YOU define a trend, it should be the following...
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
In this video, I draw random lines on the chart to prove a point. I think we need to ask ourselves the following questions to become better traders:
How will I define support and resistance consistently ?
How will I use support and resistance in my trading?
Do I need support and resistance in my trading?
Is support and resistance a reliable measure for...
Setting stop-loss and take-profit levels on TradingView is a straightforward process. Here's how you can do it:
**1. Open a TradingView Chart:**
- Log in to your TradingView account and open the chart for the instrument you want to trade, such as GBP/USD.
**2. Draw a Long or Short Position:**
- Click on the "Trading Panel" icon located at the bottom of the...
Optimizing and refining trading strategies is a continuous process that involves analyzing historical performance, identifying areas for improvement, and making adjustments to enhance profitability and reduce risk. Here's a step-by-step guide on how to optimize and refine your trading strategies:
**1. Analyze Historical Performance:**
- Review the historical...
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What you will hear in this video:
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1-Learning how to trade commodities
2-Trend analysis
3-Support levels
4-Resistance levels
5-Market psychology
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And more...
Watch this video to learn more
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**Disclaimer:**
The information provided above or below is for educational and informational purposes only.
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It does not constitute financial advice, and...
