Hello Traders and Investors, Today I want to talk about some of the important metrics pertaining to a live trading statement that you should assess before considering which traders to copy. For those of you that are not familiar with copy trading, it's the most revolutionized way for investors and traders to safely invest with professional traders in 2022. ==...
We always advise, as the basis of all technical analysis, is to zoom out and view the overall range and find price ranges similar to the current price range. This allows us with a greater chance to map out a potential blue print for the current range by following how price reacted historically in the same range. This allows you to see how the historical range is...
My technique that i used to determine whether to buy or sell a currency pair at any given time. that technique is based on three Fondamental Points : CCI (convergence /divergence) Tops / Bottoms Trendline Fibo retracement. For thiis pair , we expacet an strong bearish to dwon level for next weeks approx (3-4 months) So Lets see the result by testing this...
While we get ready for the holidays we thought we would post some chart patterns for our newbies over the next few days. The head and shoulders pattern is a formation of 3 peaks with the head being the highest peak (Lowest on inverse). The entry should be below the neckline (Above on inverse). The measure of take profit can be taken by measuring the peak of the...
BULL FLAG This pattern occurs in an uptrend to confirm further movement up. The continuation of the movement up can be measured by the size of the of pole. BEAR FLAG This pattern occurs in a downtrend to confirm further movement down. The continuation of the movement down can be measured by the size of the pole. Please don't forget to like, comment and follow...
I am not the best painter, but i tried to show you the difference between the structure that we have in every market. And it doesnt depend if its crypto/stocks or forex everything is the same in terms of structure. Trade in the direction of the HTF MARKET STRUCTURE. Do you want more examples like that ? Comment below ..
I tried to show you in this example what is the difference between risk on and risk off, what financial instrumnets rise during times of finacial stress aka risk off and what instruments rise during time of financial optimism aka risk on. RISK ON - is when investor are looking to multiply their money, they are looking for RISK. MORE RISK - MORE MONEY RISK OFF -...
Hello, Trades, I'm a new forex trader and I'm spending a good time becoming a good forex trader but I want to point the biggest scam or point which you should avoid at the beginning. Point 1 - Forex not going to rich us. It works like a business and it takes good time Point 2 - Don't be greedy too much cause nobody can guarantee you in this market Point 3 -...
It's important to know when to hold a trade and when to close it. Knowing can be difficult, however ask yourself - would I open a position at the current price? For example, if you have bought a trendline and the trendline breaks should you close the trade? We say yes. The exception to this is backtesting. If you backtest manual exits of a trade you can find...
Watch Part 1 before watching this video. Simple and efficient trading strategy for beginner/ or advance traders if you like. All information is provided in the video. Thanks
Simple and efficient trading strategy for beginner/ or advance traders if you like. All information is provided in the video. Stay tuned or watch upcoming part 2 of 2 next. Thanks
Monthly chart of AUDNZD looking like going through Wyckoff's Accumulation phase... If it break the Trendline then it possibly going to be long let's watch what Is going to be Happen... I also watched Bitcoin is also going through Wyckoff's Accumulation phase... . . .
Hey all, Another quick breakdown of a Hybrid setup taken this month.. The trade initiated from a Sr. Daily Zone which was created all the way back in January 2018, where price showed a beautiful trendline break and a huge crash in price. Overall the monthly time-frame was sitting at major value as well together with the weekly chart being in need of a reversal...
Hey all, Another quick breakdown of one of our key strategies. The trade initiated from a Daily Jr. Zone stacked with a key quarterly and monthly trendline and of course a clean weekly area of demand. Beautiful price-action in my opinion at the higher-timeframes. The overall higher time-frames were perfect when the trade was executed and the Dollar index was...
Hey All, The trade initiated from a Daily Counterzone stacked with a clean area of weekly demand as well perfect in my opinion with the main idea to break the daily trend and continue the higher-timeframe bias to the upside. Overall the setup was pretty complex due to the Counterzone analysis, yet clear enough to find and edge. The 4hour strategy was executed...
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...
ALGOs are here to stay. They obviously cannot be taken for granted. One thing I tell friends that purchase an Algo in the form of a Tradingview Script, is that it will help their trading decisions and confirm technical Analysis made by them. On my quest of finding a good Algorithm, not only for signals and accuracy, but supporting instruments, I came to Elite...
I love these simple setups in trading. They keep recurring and are easy to identify if you know what to look for. Basically, such a setup consists of three simple components. 1. the impulse. A strong move that is different from previous moves. 2. the correction of the movement. 3. the continuation. Breakout from the corrective movement in the direction of the...