JS-Masterclass #4: The Volatility Contraction Pattern
The Volatility Contraction Pattern (VCP) is a vital concept for successful traders and a key element in our JS-TechTrading strategy. In this tutorial, we will cover the following:
1. Why is it important?
2. The ‘Overhead Supply’ Concept
3. How to identify a VCP?
4. The Perfect Entry Point
1. Why is it...
A - Unknown unknowns - You don't know what you don't know.
This is the first level of the knowledge matrix. There are skills or things, that you are not even aware of, that are completely new to you, and that you need to learn.
Let's say that for a person, this is the first contact with trading as a beginner trader.
B - Known unknowns - You know what you...
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Have you ever seen a key resistance level breached and entered a long position right before the market turns the...
JS-Masterclass #4: What to look for during a Bear Market Correction?
Many undisciplined traders have suffered significant losses during the current bear market correction. Professional and disciplined traders are staying on the sidelines and preserve their hard-earned capital while waiting for better times.
The good news is that every bear market will eventually...
I can't say it enough that patience is key. I got a lot of messages over the past evening from fellow traders who are attempting to use strategies that they find or strategies that they are trying to develop and they're using the oscillator which I've created.
Here is a link to it (click the image)
One particular treasure found me on another community and...
Finding regular divergences is an easy thing especially when you're using the heiken Ashi algo oscillator but finding hidden divergences can be a little bit more complex. So in today's video I'm going to show you how to find hidden divergences and what you should do with them.
Obviously step number one is go to the community scripts on tradingview and search for...
Hi there,
i have been sharing the chart patterns which are seen on any type of price charts. (CANDLESTICK CHART) and after research and experience, i see that the price move via various ways or concepts.
as per my experience, i see that the price move via waves & correction, and react to supply and demand levels. please share it and one may need it. and this is...
Hi there,
i have been sharing the chart patterns which are seen on any type of price charts. (CANDLESTICK CHART) and after research and experience, i see that the price move via various ways or concepts.
as per my experience, i see that the price move via waves & correction, and react to supply and demand levels. please share it and one may need it. and this is...
In the last tutorial, we have highlighted the importance to look for stocks in a confirmed stage 2 uptrend and explained why.
But how can we use technical chart analysis can be used to identify stocks in a stage 2 uptrend?
US investment champion Mark Minervini developed the so-called Trend-Template which can be used to screen for stocks in a confirmed stage 2...
During the last months, inflation has reached sky-rocketing values, leading to a significant increase in the cost of living; contrary to the textbook economic rationale, a possible recession is not making the sale of cosmetics products decline. Rather, in June 2022, lipstick sales went up in the US.
The Lipstick effect, or Lipstick Index, entails a negative...
Get your copy of the Free Heiken Ashi Algo Oscillator
I'm not going to lie. There is WAYYY too much technical stuff to type up in this for you guys. its best if you watch the video. Always Always Always ask questions below. I am always more than happy to show you what's what.
This is some UPPER LEVEL STUFF in this video and i know a lot of you won't fully...
An overview of Candlesticks
A candle represents the changes in price over an interval of time, such as 1 day or 1 minute. The main body of the candle illustrates the opening price at the start of the time interval and the price when the market closed at the end of the interval. The head and tail represent the highest and lowest prices during the interval.
If...
●●● 𝙏𝙧𝙞𝙖𝙣𝙜𝙡𝙚 (T)
__________________________
❗️❗️ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙧𝙪𝙡𝙚𝙨
● A triangle always subdivides into five waves.
● At least four waves among waves A , B , C , D and E are subdivided into a single zigzag .
● A triangle never has more than one complex subwave, in which case it is always a multiple zigzag or a triangle.
❗️ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙜𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨
● Usually,...
I also believe a 5-day pocket pivot works well as well.
Rules on how I implement it is the same as the 10 day pocket pivot. Preferably near Resistance/Support area and inside a flat base.
When it confluences with other well known patterns, then the probability of the setup to work really well is very high.
It is worth it to identify pocket pivots when price is under but not to far off from a resistance because once you identify it, you be able to enter a trade relatively earlier and at better price before an actual breakout of the resistance to occur.
Heikin-Ashi charts reveal information about price action that no other chart type does. The shared chart is self-explanatory in this regard. The example taken is how to look for long opportunities. The opposite is good for short opportunities. Hope traders find this useful.
One of the many continuation plays we can implement in a rally is pocket pivots.
Pocket pivots is the current up day’s volume must be larger than any of the down volume days in the prior 10 days.
Ideally pocket pivots occur 'before' the traditional buy signal to occur such as breakouts.
In the chart examples, the first one is pocket pivot occur confluenced a...
There are 4 charts of EURUSD, on a 4H time frame, from the last 4 years. Do you see the bear and the bull market in one of them? Or you can see just trends and market noise, like in any regular period?
The answer to the question - What is the best trading advice in a bear market - is very simple:
-What bear market?
If you are a trader, the bull or bear markets...
