Hello TradingView Family, this is Richard, and I want to wish you all a Happy New Year! Here are the main pieces of advice I would give to myself when I first started. Let me know your thoughts... 📉 1- Stop searching for signals, fund management services. You chose trading to be your own boss, don't insist on being a follower. If 90% of traders lose money,...
The plan was to do a series of posts on popular chart patterns as well as advanced chart patterns we use in Camelot. We did this earlier in the year so we're sharing it again, also as a reminder for us to continue with this in the new year as a series of educational posts to help traders in their day to day trading. There are many ways to trade patterns,...
I need to make this educational post, because so many traders are focusing on wonder trading strategies, and they are forgetting about the money management, which is in my opinion, the real secret tool in maintaining a positive equity on long term. The way trading is advertise, with 6 monitors and 10 indicators needed to take a decision, is just to impress...
this are some of the common price action patterns in the market
Hey Everyone, This is a repost for our newbies. As promised alongside our analysis and reports we will also be posting basic educational posts to help newbies. Today we show you how to draw support and resistance levels the GoldViewFX way. There are so many ways to draw and establish support and resistance levels. Typically this is an area where price...
amaging bulish banknifty day. It has broken all the dilemma in the market and gave a positive outcome. Hope people have made a great profit today. First half was decaying your premium but after 2 pm, it just burst out on the upper side and also broken the downtrend that was coming from 44000 rejection is finally broken.
Always have Moving average in place while doing trading. it really helps you watching and taking action/
This is a video journal and example of one of the most profitable and easy to execute ICT entry models. Not only are the entry criteria objective but so are the targets. You can look for previous highs or lows as your target or fib retracements, DR levels, whatever works for you.
In this tutorial we aim to teach what is an Imbalance. Happy trading Team Lamda
Hey Everyone, Here at GVFX, we are currently buying dips. What that means is that we buy on the dips and therefore only concentrate on long positions/buys with the odd sells for fun. As mentioned before, having both sell and buy positions open in your account will affect your psychology and in turn, your trading decisions. Now a question that typically arises...
I decided to be doing this classes due to high number of cases against fake tutors who prentend to be be traders but they are just con artists
Just made this short video to explain the concepts of Wolfe Strategy which I recently published. Wolfe wave is popular concept among option traders. However, I have made some tweaks in this strategy to standard wolfe pattern trade rules. Entry price based on breakout No moving target - using flat target. Entry is done based on risk reward Not time...
Engulfing candlestick pattern is the most popular candlestick pattern. Engulfing candlestick is formed when it completely engulfs the previous candle. There are two types of engulfing candlestick patterns. Bullish Engulfing Pattern Bearish Engulfing Pattern For a perfect engulfing candlestick, no part of the first candle can exceed the shadow (or wick) of...
Market structure, by definition, is the simplest form of price movement in the market and is meant to be read. It is basic swing highs and swing lows. Market structure is a trend following tool that traders read and follow based on how an asset moves. From bullish moves to bearish and in-between ranges, market Structure is often referred to as price action. We...
Hello guys, I have took this trade for today. I spotted an inverted hammer and then I got confirmation of pattern breakout. I had planned for R:R of 1:1 which was acheived whithin 20 min.
Gold Outlook 2023: The global economy at a crossroads The global economy is at an inflection point after being hit by various shocks over the past year. The biggest was induced by central banks as they stepped up their aggressive fight against inflation. Going forward, this interplay between inflation and central bank intervention will be key in determining...
Merry Christmas with GOLD Why has gold not performed better in 2022 despite high inflation? Rising rates and a strong dollar have had a significant negative effect on gold’s performance despite support from geopolitics and inflation We believe gold’s headwinds may start to subside while supportive factors will likely remain, thus encouraging demand for...
Hello traders In this example, we will explain how to trade with the trend and use liquidity as an additional confluence. 1) Price makes a new higher high, momentum is present. 2) After momentum, the price begins to create liquidity, as we talked about in one of the previous posts. Liquidity is a trap for retail and other traders. 3) We see that this is...