There is a sudden breakdown in the crypto market, all cypto has fallen after breaking the resistance
Hey traders, In this post, we will discuss a classic candlestick pattern formation each trader must know - the engulfing candle. Key properties of this pattern: 🔑 Engulfing candle is a reversal pattern. 🔑 Engulfing candle can be bullish or bearish. ❗️Also, remember that this candle demonstrates the highest accuracy when it is formed on a key level (support or...
Alongside other titans of the industry, like Dow, Wyckoff, and Elliott, Gann is considered one of the most influential figures in trading. After he developed the Gann indicators, traders picked up his teachings worldwide. In this FXOpen article, we’ll dive into two of the most popular Gann indicators, Gann angles and Gann fans, and look at how they work,...
What Is A Gann Fan? Gann fans are a popular technical analysis tool used by traders to predict price changes by analyzing the geometric and cyclical nature of the market. The Gann fan tool consists of a series of lines called Gann angles, which are drawn at specific angles based on price-to-time moves. The tool is different from trendlines because it moves at a...
Im going to show you how to create your portfolio for the investment competition tomorrow.
A Bullish Fair Value Gap is a 3 candle structure with an up impulse candle (2nd) that indicates and creates an imbalance or an inefficiency in the market. WHAT DO THE IMBALANCES TELL US? These imbalances tell us that the buying and selling is not equal. Now the market needs to rebalance (move at least to 50% of the fair value gap to fill) to make up for the...
OANDA:XAUUSD A good risk/reward ratio could be seen as greater than 1:3, where you would risk 1/4 of the overall potential profit. For trading to prove profitable in the long term, a trader should not typically risk their capital for a lower risk/reward ratio, as this will mean that half or more of their investment could be lost. The risk/reward ratio...
BINANCE:BTCUSDT Some Of the Main mistake's Beginner Trader often make ; * Trading without a trading plan. Every trader needs a trading plan. * Trading too much, too soon. * Emotional trading. * Guessing. * Not using a stop-loss order. * Taking too big positions. * Taking too many positions. * Over leveraging.
OANDA:XAUUSD 1. Get a Mentor The best asset to your trading is having a knowledgeable mentor in your corner. Even the most well-written book or well-structured online trading course can only cover so many contingencies! When you run into a unique scenario and money -your money – is on the line, why gamble when you could ask someone more experience for...
This is a sample of a properly squared asset using Gann Fans and Boxes. The technique is simple as Gann spoke. Price = Time. Once these are matched up an asset is what they call "scaled". Gann's theory spoke of how price/ trend changes were to be expected when price moved outside of the Gann Box. In this case we can see that they happen on a yearly cycle and...
OANDA:XAUUSD Gold has been an inconsistent inflation hedge, but there may still be benefits to holding a small amount of the yellow metal in your portfolio. Gold has historically had a low or even negative correlation to both stocks and bonds, suggesting it offers value as a tool of diversification. Gold prices held up pretty well during the Covid-19 pandemic...
OANDA:XAUUSD Stop-losses prevent large and uncontrollable losses in volatile trades. If you’re not using stop-losses, it’s only a matter of time when a large losing position will get out of control and wipe out most of your trading profits, eventually even your entire account! If you’re serious about staying in the game in the long run and growing your...
How to Set-up and Configured Gann Box for your POI
Divergence is one of the well-known and widely used methods for determining price reversal areas, whether positive or negative and thus helps to determine entry or exit areas 📉📈 Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that...
next lesson on using Gann angles it consists series of angles that ranged from 1 to 360 degrees. in the up-chart, we have a full cycle which is 360 degrees, i highlighted the main angles with small circles and the sub-angle between every 2 main angles. So, the price starts moving from angle 0 to the main anile according to his character and for characters,...
today is my first publication on trading view as I will write about Gann Analysis (price angles) William Delbert Gann, a stock and commodity trader active in the early 20th century, was known for using various methods and tools, including angles, in his trading approach. He believed that angles could be used to identify key levels of support and resistance,...
For many traders, the dream of full-time trading represents the ultimate freedom. Full-time traders have the ability to choose their own hours, trade from anywhere, and select which opportunities to pursue. However, not all traders are ready to make the leap to full-time trading. Just as too much freedom can harm some economies, not everyone is prepared for the...
Fibonacci Levels, Pitchfork, Fibonacci Arcs, Gann Square, Gann Fan, and Elliot Wave are technical analysis tools used in trading to identify potential levels of support and resistance, anticipate future price movements, and make informed investment decisions. These tools are based on mathematical calculations and relationships between price, volume, and time. They...