ELLIOTT WAVE TRIANGLE Elliott Wave Theory is a popular method used by traders to analyze and predict financial market cycles, particularly in stock markets, forex markets, and cryptocurrencies. One of the key patterns within this theory is the Elliott Wave Triangle, which is a continuation pattern that occurs during the consolidation phase of a trend. Triangles...
Comprehensive Approach to BANKNIFTY Options Writing - Maximizing Premiums Introduction: In this trading idea, we'll explore a strategy for writing both out-of-the-money (OTM) and in-the-money (ITM) put and call options in the BANKNIFTY index. This strategy aims to take advantage of time decay and market conditions to generate consistent income. Objective:...
This tutorial is on how to determine your premium and your discount.....You want to make sure you are buying at the discount and selling the market at the premium, doing this win drastically increase your win rate in trading
Welcome to the world of trading patterns. If you appreciate our charts, give us a quick 💜💜 Today let's explore Tweezer top and bottom patterns, often referred to as simply "tweezers," are powerful candlestick formations that hold the potential to unveil significant shifts in market sentiment. These patterns materialize as twin candles appearing at the...
From the experience I have in trading I have identified 3 pillars on which my success is based. I can't say that one is less important than another, so I try to combine all of them: 1) Psychology - is one of the most difficult aspects to master, which requires a lot of theoretical and practical knowledge, so I recommend first of all to study yourself, after you...
WHAT IS BOS ? BOS - break of strucuture. I will use market structure bullish or bearish to understand if the institutions are buying or selling a financial asset. To spot a bullish / bearish market structure we should see a higher highs and higher lows and viceversa, to spot the continuation of the bullish market structure we should see bullish price action...
✅ Confluence refers to any circumstance where you see multiple trade signals lining up on your charts and telling you to take a trade. Usually these are technical indicators, though sometimes they may be price patterns. It all depends on what you use to plan your trades. A lot of traders fill their charts with dozens of indicators for this reason. They want to...
Hello traders! I want to share with you some educational content. ✅ MARKET STRUCTURE . Today we will talk about market structure in the financial markets, market structure is basically the understading where the institutional traders/investors are positioned are they short or long on certain financial asset, it is very important to be positioned your trading...
Hey traders, Inverted head and shoulders pattern is a classic reversal pattern. It signifies the weakness of buyers in a bearish trend and a bullish accumulation. ⭐️The pattern has a very peculiar price action structure: Trading in a bearish trend the price sets a lower low and retraces setting a lower high (left shoulder), then the market goes lower...
In this detailed education video i show how i mainly make a living as a protrader. This is from fading breakouts of chart patterns. I show three examples of this in the past week from the nasdaq and talk about confirmation bias. I also show what its like drawing lines and patterns daily, win/ loss ratios as well as some thoughts of where the nasdaq might go in the...
Full-time trader here. Sharing some knowledge for free . If this helps you, show some love: follow me for more and like this idea. 👍 Why do I need a chart anyway? First, we need to convince you of why you need a chart. No problem. Let's say you're a fundamental analysis investor. The stock has to make sense. The stock has to last forever. It needs to be a...
Never trade without expecting risk Risk is part of the game -- It's important for you to understand this -- As you start making money learn to calculate risk -- WBTC is an alternative of Bitcoin to other networks such as Ethereum network -- Whatever trading strategy you use there is always risk -- Watch the video to see the example of the parabolic...
A 3-bar pivot is a candlestick pattern that can be used to identify potential reversals in the market. It is formed by three candlesticks, with the middle candlestick having a higher high and lower low than both of the other two candlesticks. The 3-bar pivot pattern can be bullish or bearish, depending on the direction of the preceding trend. If the preceding...
Chart patterns play a vital role in predicting future market trends. Among numerous chart formations used by traders, the Adam and Eve chart pattern holds a unique position, particularly for short-term bullish reversals. This article will dissect the nuances of this setup and provide a blueprint on how to capitalise on its signals effectively. How to Identify...
Hello, welcome to this BTC HALVING update. Bitcoin (BTC) halving is an event that occurs approximately every four years in the Bitcoin network. During a halving event, the reward that miners receive for validating and adding new blocks to the blockchain is reduced by half. This event is programmed into the Bitcoin protocol and serves several purposes: Supply...
I firmly believe that risk management is the most important factor in trading, even more important than strategy in my mind, and if you're going to maintain some discipline to something, then please let it be risk management... A good strategy with bad risk management WILL blow your account, but a bad strategy, with good risk management will still keep your...
If a price pattern moves in a sine wave pattern, we can say that it is cyclical. A sine wave is a repetitive pattern of peaks and troughs, which is the definition of a cycle. However, it is important to note that not all sine wave patterns are created equal. Some sine wave patterns may be more cyclical than others. For example, a sine wave pattern with a very...
Apologies to the people who enjoy reading this series, I have been really busy with life, kids, work, bikes and cars etc. but hopefully its going to chill for the next few weeks. Will see how it goes and maybe I can do a few more of these trade journals. I'm not going to go over all the last however many trades since my last post as it would take too long, but...