In this post, I'm going to focus on one of the most unpopular but most important topics of all.
TRADING PSYCHOLGY !!
The central issue in retail are feelings, especially fears. Anyone who wants to survive in retail in the long term needs mental knowledge and has to work hard on oneself all the time.
The beginner neglects topics such as risk management,...
Hi everyone and Good morning. Welcoming you back (after 18-week break)
Thanks for your like and supports.
This is Part 3 of my Technical Analysis series of CHART PATTERNS
BULL AND BEAR FLAGS
Now, for those meeting the words BULLS and BEARS for the first time, these are terms used to describe the buying and selling action of traders
Today we are looking at another chart pattern
RISING AND FALLING WEDGES .
Let’s get on it.
Wedges can either be continuation or reversal patterns.
Just to refresh your memory, continuation patterns are formations that show side way price action, signalling a temporary pause in the trend; whereas reversal patterns indicate a change in the...
Hello my friends today i want to talk with you about most common mistakes in trading from my experience (any market but specially in crypto)
And after reading this i hope you will avoid them
1- Not Patient Enough :
I think this is one of top major reasons for failure in cryptomarket
Most newbies in this Field are thinking they will be rich in few days thats...
Reversal candles ( Basic)!
1. Double Bar Low Higher Close ( DBLHC)
The DBLHC pattern consists of two candles.
The Lows of both candles need to be very close (within few pips).
The Close of the 2nd bar need to be Higher than the previous bar's high.
2. Double High Lower Close...
10 chart patterns every trader needs to know!
- Best chart patterns
1. Head and shoulders
2. Double top
3. Double bottom
4. Rounding bottom
5. Cup and handle
7. Pennant or flags
8. Ascending triangle
9. Descending triangle
10. Symmetrical triangle
Sideways Trend - Definition A sideways trend comprises a series of price swings existing within the range of a significant upper resistance area and a significant lower support area . The range support and resistance boundaries (range lower and upper boundaries) may be formed from either higher timeframe S/R and/or significant trading timeframe swing highs or...
The One Chart Pattern That You Must Trade
What's a "first pullback"?
This is just the first pullback after a significant price event. For example:
- The first pullback after a trend line break.
- The first pullback after a breakout.
- The first pullback after break down (short).
- The first pullback after any wide range candle.
- The first pullback after a break...
What is a Retest?
Retests in the Forex market come in all shapes and sizes. They can come after a market breaks a key horizontal level of support or resistance or a breakout from a wedge pattern.
Market Dynamics of a Retest and Confirming Price Action
The 3-Step Method That Predicts a Change in Trend
The three steps are:
1. A trendline is broken.
2. There is a retest and failure.
3. Price falls below the prior low
These three steps define a stock that has moved from an dowtrend to a uptrend. Learn these three steps and you will never trade on the wrong side of the trend again.
Step 1. A trendline is...
Support and Resistance, A way to draw a horizontal line !
Support, S and Resistance, R
1.1. Support is a zone where price moves up.
1.2. Resistance is a zone where price moves down.
- Support and Resistance can interchange when that zone is overcome by price
2. Support and Resistance levels
2.1. Horizontal line
-Reasonable account size
-be prepared to be incomeless
-spouse that works full time
-Know the timeframe
-know what you want
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
What Is the Pattern of a Parabolic Curve ?
The Parabolic Curve pattern is a curved line pattern that is formed by following a candlestick formation when prices rise or decline rapidly. Visually, the curved line pattern follows the correction points. The lay language, when the price forms a pattern like a staircase, the curved line follows the base on the...
Business Process Architecture, ... is a description of the organization's business model and strategy, its goals and its performance metrics
A Trading Process Architecture is the overview of a set of trade processes that reveals their inter-relations, which may be extended with guidelines to determine the various relations between trade processes. Having a trade...
Momentum is another word for how the price on your charts moves. Momentum analysis, though, is one of the most important skills any trader can learn.
What is momentum?
First of all, we need to understand what momentum actually means but this is straightforward.
Momentum = Trend strength
There are two ways of looking at momentum. The first one just looks at the...
I have given thought to this and this is my opinion.
In order to grow a small account to sustainable levels, higher risk will be applied compared to a large account.
What i mean by this is, 1-2% monthly gain can be sustainable on a large account but on a small account that would be insignificant.
To bridge this gap one has to increase position...
Here we have some really strong support and resistance levels drawn on the chart ( green lines ) They are classed as strong because price touched them and then bounce a number of times ( I will let you figure these out for yourselves... I'm not spoon feeding you ) ;p
You can also see a lovely trend line TL that has been touched more than once, so this is also...
If you can find a good support and resistance level or zone it will keep your bank account fed well for years.
As you can see the 1st purple arrow marks where price 1st tested this zone as resistance in 1995 when Coolio was at number 1 with "Gangstas Paradise" ( sorry if I've just made you feel old ) :p Then the price passed through this zone for the next few...