Greetings, @TradingView community! This is @Vestinda, bringing you a helpful article on the topic of Ascending Channels!
An ascending channel, a potent chart pattern, stands out with two upward-slanting trend lines that define support and resistance levels. Also known as "rising channels" or "upward channels," these patterns offer insightful indications for...
In the dynamic realm of forex trading, where global currencies interchange on a constant basis, traders are consistently enticed by the potential for substantial profits. However, the harsh reality remains that a significant portion of forex traders find themselves ensnared in financial losses instead. For aspiring traders, comprehending the underlying reasons...
Greetings, fellow traders and investors of @TradingView !
Trading in the financial markets is often likened to a battleground of strategies, psychology, and data analysis. To navigate this dynamic landscape successfully, we need more than just luck; we need a well-structured daily routine that blends education, analysis, and real-time decision-making. In this...
Hello, TradingView community!
One of the foundational elements of technical analysis is the concept of 'Support and Resistance'. Whether you're trading BTCUSD, Gold, or any other instrument, these principles remain consistent. Let's dive in!
1. What are Support and Resistance?
Support is a price level where a downtrend can be expected to pause due to a...
Greetings, fellow traders and investors of @TradingView !
Financial markets offers limitless opportunities for earning and investing. Amidst all the available instruments, trading stands out as an exhilarating realm of dealing with securities, currencies, and other assets.
But how do you know if trading is the right path for you?
In this article, we will...
Hello traders of @TradingView community!
Today, let's delve into a question that often arises in the trading: Is trading really just another form of gambling? While both trading and gambling involve risk and speculation, they differ fundamentally in their approaches and outcomes.
Trading, unlike gambling, is not about chance or luck. It's about making...
Trading has always been an alluring career. The promise of financial freedom and the ability to escape the chains of a 9-5 job have led many individuals to explore the world of trading.
This is the same for me. I've first came across trading when I was serving in the army when I was 18. Trading is a whole new world to me. Candlesticks, expert advisors, and...
Hello dear @TradingView community! Today let’s focus on how Poker game enhances trading excellence.
In the sports, athletes often engage in cross-training to prevent injuries and boost performance.
For instance, football players explore swimming and weight trainings, while runners embrace activities like hiking and cycling. But have you ever considered a form...
Introduction
High-Frequency Trading (HFT) is a sophisticated trading strategy that utilizes powerful technology and algorithms to execute a substantial number of trades within fractions of seconds. While HFT has revolutionized the financial markets and brought numerous benefits, it has also stirred controversies due to its potential impact on market stability...
Greetings, fellow traders and investors of @TradingView 📈🚀
Keep your eye for cup and handle pattern, a chart formation that hints at potential market possibilities.
The Cup and Handle:
Visualize a cup, complete with a 'U' shape and accompanied by a handle. This chart pattern mimics that very shape, capturing price shifts that can hint at noteworthy market...
With the current aggressive interest rate hikes happening with some of the world's leading central banks due to inflation problems, we figured it would be an ideal time to discuss the carry trade.
This post will go into further detail about the carry trade and how it works in the forex market. We will also discuss one of the most popular carry trades to take...
📊🔍 Fundamental vs Technical Analysis: Unveiling the Differences and Advantages 🔍📊
In the exciting world of trading, two distinct yet equally important methodologies dominate the landscape: Fundamental Analysis and Technical Analysis.
Both approaches provide valuable insights, but they stem from different philosophies and offer unique advantages.
Let's dive...
Greetings, esteemed members of the @TradingView community and all Vesties out there!
The financial markets is a complex and dynamic arena where investors seek to capitalize on opportunities and generate profits.
One recurring phenomenon in the financial world is the "boom and bust cycle", characterized by periods of rapid asset price escalation followed by...
Discover why the concept of a trading "holy grail" is more myth than reality. Why successful trading involves understanding market uncertainties, human behavior, and adaptable strategies?
Experienced traders know: there's no magical "holy grail" guaranteeing 100% profits. In truth, consistent traders recognize losses as much a part of trading as gains. Despite...
The theory of Elliott Waves, an intricate subject we've delved into in previous posts, beckons me once more to distill its essence. Let's gather the pivotal elements anew, unraveling the complexities to forge a deeper understanding.
Elliott Waves exhibit fractal characteristics. Each wave possesses segments that closely resemble the entire wave, a quality known...
Welcome to the dynamic world of trading indicators! These meticulously crafted metrics, born from the intersection of mathematics and market psychology, offer traders a distinct advantage by transforming raw market data into actionable intelligence. Join us as we embark on a journey through the top 10 trading indicators, exploring their intricacies, strengths, and...
How many times have you been stopped out of a great trading idea you noticed just because you missed your original entry and decided to enter at a worse price?
This was most likely due to the fear of missing out (FOMO) and lack of discipline that got you into the trade.
You were right on the market direction, but due to FOMO and your lack of discipline, the...
Greetings, fellow traders!
Trading is both an art and a science, and the research method is your secret weapon to unraveling market intricacies. It's about adopting a systematic approach, making informed decisions, and refining your strategies based on solid data.
Applying a analytic mindset in trading can offer a valuable edge. Let's explore the basics of...
![XAUUSD: [Education] How To Be Consistent & Master Trading](https://s3.tradingview.com/i/iq9aqFTA_mid.png "[Education] How To Be Consistent & Master Trading")
