In this post, I will share with you a very accurate SMC strategy that combines top-down analysis, liquidity, imbalance, order block and inducement. Step 1 - Identify liquidity zones on a daily Liquidity zones are the areas on a price chart, where big players are placing their orders. From such areas, significant bullish and bearish movements...
In my videos, I frequently use the term "trading account drawdown ". Many of you asked me to explain the meaning of that term and share some examples. What is Trading Account Drawdown? The account drawdown is the highest observed loss from the highest value of the deposit to the lowest value of the deposit at a certain period of...
Welcome, traders and investors, to our educational post on ascending and descending triangles! In the fast-paced world of financial markets, understanding chart patterns like these is crucial for making informed trading decisions. Ascending and descending triangles are powerful tools that provide valuable insights into market dynamics and potential price...
👩🏻💻 Hello ! This time we're going to look at combinations. It may seem too complicated, but don't worry. In fact, any combination simply consists of two corrective patterns that you and I already know, only between these two patterns there is a connecting wave. Let's go straight to the rules and everything will become clear to you at once! ✅ Rules ✅ 📍A “double...
In the dynamic world of trading, success hinges on a robust skillset. Imagine this skillset as a pyramid, with each level representing a crucial component that traders must master to achieve consistent profitability. At the base, we have Technical Analysis, followed by Risk Management in the middle, and Discipline and Patience at the top. Additionally,...
Whether we're tinkering with our demo accounts or playing with a few dollars in our live accounts, it's never been far from our minds that our accounts will go big in the future. Unfortunately, many traders struggle with taking the next step and trading larger positions. Some find it difficult to risk losing the small profits they've worked hard for over the...
CFD trading has a close cousin you may not know about … spread betting. Just like CFD trading, spread betting allows you to speculate on the future direction of a market's price without owning the underlying asset. Key advantages include: Tax efficiency : Profits from spread betting are free from UK Capital Gains Tax*. Similar to CFD trading, there is also...
Functions of Market Makers Market makers perform several essential functions in the cryptocurrency market, including: Providing Liquidity: They ensure there is enough liquidity between buyers and sellers to maintain active market participation. Providing Quotes: They offer bid and ask prices at any given time, facilitating trades between market...
Welcome to the fifth and final instalment of our Brilliant Basics series. Here, we provide you with a powerful Pre-Trade Checklist that can be applied to any trading strategy on any timeframe. Pre-Trade Checklist: A Platform For Success Our Pre-Trade Checklist involves asking yourself five simple yet crucial questions before committing your hard-earned...
Welcome to the fourth instalment of our Brilliant Basics series, where we help you achieve consistency and discipline in foundational concepts that create a platform for long-term success. Today, we’re diving into the world of Multi-Timeframe Analysis (MTFA) . We will explore how to use different timeframes effectively and consistently to gain a deeper...
Intraday Trading Strategy With Breakout Filter Overview: This strategy is the combination of two scripts: 1. Intraday Trading Script : It exclusively for M1 and M15 timeframes. 2. Breakout Filter Script: It works at all timeframes. Note: Please read the explanation details about the script respectively. EMA lines help to understand market sentiment and...
US CPI Data Expected to Show Moderating Price Pressures Ahead of Fed Decision Key Highlights: Expected CPI Rise: The US Consumer Price Index (CPI) is forecast to rise by 3.4% year-over-year (YoY) in May, maintaining the same pace as in April. Core CPI Inflation: Annual core CPI inflation is anticipated to slightly decrease from 3.6% in April to 3.5%...
Trading in the cryptocurrency market often resembles a marathon where everyone aims to be the first. Unlike running, where there's only one winner, multiple traders can succeed in the crypto marathon. However, success in trading involves serious psychological work, which we'll discuss today. Everyone aspires to achieve their goals and be successful. Beginners in...
Everyone has noticed that after a profitable position, emotions of joy pass quickly than in a situation with a loss. Mostly we all know the instruments, we all use same tools, we can watch,read million sources about trading. So why less than 3% profitable on a distance? ⌛️Psychology A few points that I often repeat to myself to sober myself up - Your...
Hello, dear friend! As a fan of the Elliott Wave Principle, I have dedicated the past three years to studying, gaining experience, and improving my skills as an analyst and trader. Although the journey has been and continues to be challenging, it has been remarkably rewarding. My goal is to share personal insights and experiences and provide valuable...
First of all, this idea/strategy, came to me while I was/am trading futures on Binance and practicing it made me realize that I have realized more profit than usual. It also helped me manage the risk/reward ratio. In order to explain the strategy, remember that the whole idea of this strategy is to minimize the risk and maximize reward while trading futures and...
Traders who have just started their work try to use more indicators in technical analysis and this makes them discouraged in their work and the analysis is boring for them. to find, we did the same thing in image B by several indicators, the result was almost the same, but in image A, we are more certain and it is easier to make a decision to trade, know that all...
I know why you’re NOT trading. You think trading is nothing more than gambling. I get emails every day from members saying things like. “Timon trading seems like going to the casino”. “Timon I don’t want to put money into something that’s gambling” “Timon thanks but I don’t gamble” So you’re not trading because you think it’s like gambling. Well, before you...