1)The price touches a point with a gap 2)Pulling back and making a lower low pivot while breaking last low pivot. 3)Price attempts again and succeeds in breaking the range. 4)Failure to fight a dynamic resistance. 5)Price dump to activate the SL of Longers that is under lows A&B 6)A fake move to get in hasty Longers 8)Scaring and hesitating these hasty...
On 19 April 2023, Richemont went through a Share Consolidation (Reverse Stock Split). That's why we saw the price move from R300 up to R3,027 (909%). But before you get excited with whether you could have profited big time we need to remember what a Reverse Stock Split is... What is a Reverse Split (Share consolidation)? • The opposite of a stock split...
⚜️Forex trading can be an intimidating venture for beginners, but don't let that scare you off! With the right mindset and a few basic rules, you can start trading confidently and profitably in no time. In this article, we'll go over five essential rules for forex market beginners that will help you navigate the trading world with ease. ⚜️Rule 1: Understand the...
How to Use the ADX Screener. Plus= Bulls in control Minus= Bears in control ADX strength of the trend ADX is represented by Area Behind the Plot for detailed information please see the picture at the link below
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.
Are you tired of inconsistent trading results? It's time to master the art of profitable trading by defining four key elements that will ensure your success. In this post, I'll guide you through each step of the process - from your entry strategy to take profit - so that you can create a consistent and effective trading plan. First, I'll dive into entry strategy...
A Bearish Fair Value Gap is a 3 candle structure with a DOWN impulse candle (2nd) that indicates and creates an imbalance or an inefficiency in the market. WHAT DO THE IMBALANCES TELL US? These imbalances tell us that the buying and selling is not equal. Now the market needs to rebalance (move at least to 50% of the fair value gap to fill) to make up for the...
REMINDER: Compagnie Financière Richemont (CFR) is a Swiss luxury goods company that has a subsidiary in South Africa. The subsidiary's depositary receipts and warrant receipts were previously listed and traded on the Johannesburg Stock Exchange (JSE). However, starting from April 19th, 2023, these financial instruments will be suspended from trading on the JSE...
On Day 1, a trader is just a passenger in a car that is controlled by others... This journey is so common that when people realize others are doing the same thing, they don’t feel so alone. I have talked with thousands of traders through the years and the vast majority of them experience this journey just as I have. Most start out so pissed off with life that...
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.
"Look for a confirmation!" "Wait for a confirmation!" When I was learning how to trade and when I was watching and reading different trading educators, these words naturally pissed me off. What the hell are you talking about? What confirmation? It was a full-blown mystery...🤯 Then, once I started to mature in trading and trade full-time, I became an author...
Hello Traders! This is by far my favorite and easiest model to follow. It mainly occurs with the Yen cross pairs.
I want you to stop thinking of trading losses as losses. It’s having an effect on you emotionally and is stopping your full potential of growth. Financial trading, like any other business or aspect of life, involves costs. That’s just life. In business, there are costs associated with equipment, rent, salaries, taxes, and legal fees. In our personal lives,...
Whats up gold gang! hope you have enjoyed your weekend .. its nearly market open .. so lets get ready. This weeks educational post is talking about the retest .. so what is a retest. When price breaks a banking level .. i normally enter on the break out .. but if i miss that .. you can wait for the retest. This is where price comes back to the level to collect...
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 :)
❤️As an aspiring trader, you might have found yourself daydreaming of a life filled with endless profits, exotic vacations, and luxury cars. You might have even started to imagine yourself as the next Wolf of Wall Street, impressing your friends and family with your wealth and success. 💜But the reality of trading education is somewhat different from the...
HBAR presents a good example of how simple market pattern trading using measured moves still work quite well. As these are moves in crypto, the measured targets exceed recommended lengths for a typical pattern trade, yet still line up quite well in continuing to use the same measurements beyond 1x -> 1.5 or 2x. First, a parallel channel containing a...