Consistency Power 🔰 Don't focus on short term results when trading, it's a marathon not a sprint. You can't become elite traders overnight 🔰 Don't care about short term results and single trade outcome, only look at the weekly,monthly results as they are not random as daily results,a single trade means nothing dont be anxious and change something in your...
💰 Balanced Market Occurs 1)Before any bigger economic events, news are expected (e.g RBI policy announcement, FED meeting ..etc) 2)Consolidation in the market after the uptrend or downtrend. 3)Low Participation from the Other timeframe players or Institutional players (Christmas & New Year holiday season) 4)Lack of liquidity(both buy side and sell side) in the...
🧠 How to keep Mind Healthy ? 🎯 Don't go against the Markets Always and always learn from your mistakes & try to never make that again. 🎯 Be Humble Patient and resist the ilussion that you somehow possess the alchimist's stone of trading, head down and work hard, cocky attitude will ruin your trading career How do you stay with a healthy mind in the markets ?
✅ Volume is an important indicator in technical analysis because it is used to measure the relative significance of a market move. The higher the volume during a price move, the more significant the move and the lower the volume during a price move, the less significant the move. ✅ Volume indicators are technical tools to evaluate a security's bull and bear...
✅ A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. 🎯 Cup Handle Pattern William O'Neil's Cup with Handle is a bullish continuation...
📉 What is a Marubozu in forex? A Marubozu is a long or tall Japanese candlestick with no upper or lower shadow (or wick). The candlestick pattern comes in both a bearish (red or black) and a bullish (green or white) form and is easy to spot due to its long body. It basically looks like a vertical rectangle. 📉 How can you tell if Marubozu is bullish? The closing...
Three black crows is a phrase used to describe a bearish candlestick pattern that may predict the reversal of an uptrend. Candlestick charts show the day's opening, high, low, and closing prices for a particular security. For stocks moving higher, the candlestick is white or green. 🎯 The three black crows candlestick pattern is considered a relatively reliable...
📉 The Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. The indicator can range from 0 to 100. The closing price tends to close near the high in an uptrend and near the low in a downtrend, the stochastic indicator is a two-line indicator that can be applied to any chart....
✅ If you asked me to distill trading down to its simplest form, I would say that it is a pattern recognition numbers game We use market analysis to identify the patterns, define the risk, and determine when to take profits. The trade either works or it doesn't. ✅ In any case, we go on to die next trade. It's that simple, but it's certainly not easy. In fact,...
🎯 Analysing To trade like a profesional first of all you have to learn technical/fundamental techinques to trade the market without them you have zero chance to succed in the markets. Learn - candlestick patterns, simple patterns, fibonaci, market structure, trendline, imbalance, orderblock, volume profile etc 🎯 Risk Management To survive in this game you...
Today i will share with you types of intra-day strategies that can work in every market no matter if it's forex/stocks or crypto. 📊 Reversal Strategy Buy close to the support (demand area) and sell from the resistance (Supply area) for the reversal move 📊 Patterns Buy/Sell using different technical patterns such as Wedge,Triangle,DoubleTop Double Bottoms,...
🎯 Seasonality refers to particular time frames when stocks/sectors/indices are subjected to and influenced by recurring tendencies that produce patterns that are apparent in the investment valuation. 🎯 Seasonality is a characteristic of a time series in which the data experiences regular and predictable changes that recur every calendar year. Any predictable...
📉 Survival rules in trading for newbies, if you respect those rules i can make a bet you wound't lose your account as the majority of traders are. 📉 The key word there is IF YOU RESPECT ✅ 1. Always trade with a stop loss ✅ 2. Have a pre-determined risk on each trade no more then 1% ✅ 3. Don't move your stop loss if the price is not going in your favour ✅ 4....
✅ KEY TAKEAWAYS The foreign exchange (also known as FX or forex) market is a global marketplace for exchanging national currencies against one another. Market participants use forex to hedge against international currency and interest rate risk, to speculate on geopolitical events, and to diversify portfolios, among several other reasons. Major players in this...
💸 Why i Trade ? Trading is a serious endeavour where you meet with the financial elites of the world, i will give you couple reasons why i trade and why do i recommend it for you as well. ✅ Be your own BOSS You don't have a BOSS, you are your own boss. You have to be very disciplined because no one is looking at you to be productive ✅ Freedom of Time You...
📉 Trading Currency Pairs I will try to explain in this post what you should look at when you are starting trading the Forex Market (Currency Market ) ✅ Choose Liquid Pairs Choose liquid pairs so you will have all your orders filled easily, dont trade pairs with low Liquidity as those can impact your trading results. EURUSD / GBPUSD / AUDUSD / NZDUSD etc and...
✅ Plan Before Execute - It is very important when you stard trading financial markets to have a plan that you follow, no plan means you dont know what you are doing and where you are going. ✅ Have an entry strategy - it is very important to know your edge, your edgea means when you enter the trades based on what confluences. Couple confluences or entry...
✅ Two Biggest Mistakes in Trading . ✅ No STOP LOSS Run the risk of incurring a much bigger loss than expected may lead to wishfull thinking and end up holding and hoping may cause panic selling when trade goes against your direction, no stop loss trading in the long term will kill your account in the short term you can survive. ✅Overtrading - Higher change of...