Position sizing is the process of determining the size of a trade or the number of units of security that are bought or sold. There are several different types of position sizing that traders can use, depending on their risk tolerance and trading objectives. Here are a few examples: 1. Fixed fractional position sizing: This is a simple method of position sizing...
Introduction: Trading capital refers to the amount of money that a trader has available to fund their trading activities. It can include both the initial capital that a trader uses to open a trading account, as well as any additional funds that are added to the account over time. Having sufficient trading capital is crucial for traders, as it allows them to...
Introduction: Have you ever heard of the Dunning-Kruger effect? It's a cognitive bias that occurs when individuals with limited knowledge in a particular field overestimate their own knowledge or competence in that field compared to objective criteria or the performance of their peers. This can have significant consequences in trading, as it can lead to poor...
Head & Shoulders pattern is popularized amount traders, the H&S is one of the first patterns traders come in contact with. H&S are formed in all time frames and in all markets. Here is an example of AUDJPY trading H&S in a Daily Chart. H&S are reversals patterns, they can be trade in all times frames but i like to use the H&S in smallest time frames as Price...
We looking at Fibonacci retracements to identify possibles supports and resistances levels. Here we using only the Retracement tool and fibonacci clusters running from diferentes low/high to identify strong supports zones
Harmonic Pattern as system is known for finding possible reversal zones and hence assist in swing trading. But, most effective way of using harmonic patterns is in trend following. This can yield really amazing results when played with proper risk management. Conditions In trending market Established trend followed by pattern Trade Settings ...
FUN FACT: If you execute 100 trades you will on average likely lose on 60 or 70 of those. The key to trading is managing those losses. The other 30 winners will take care of themselves. That's THE hardest thing for most people to accept - losing more then they win. If you can win that mental battle, and trade mechanically without emotion, you will be in the...
Just made this short video to explain the concepts of Wolfe Strategy which I recently published. Wolfe wave is popular concept among option traders. However, I have made some tweaks in this strategy to standard wolfe pattern trade rules. Entry price based on breakout No moving target - using flat target. Entry is done based on risk reward Not time...
In this video I discuss how to use simple wave-analysis and how to use candlesticks harmony in 5 or 15 minutes time-frames to trade with success. This sterategy even works on 1 minute time-frames for some forms of countable harmonies... --- Gerald Mann was born Mr. Peiman Ghasemi on February 16, 1988. He got deported from Turkey to Iran where he is exit banned...
Gold Outlook 2023: The global economy at a crossroads The global economy is at an inflection point after being hit by various shocks over the past year. The biggest was induced by central banks as they stepped up their aggressive fight against inflation. Going forward, this interplay between inflation and central bank intervention will be key in determining...
Elon Musk: The Federal Reserve's recent rate hike may go down in history as the most destructive in history News category: negative ⛔️ Summary : ▪️ Tesla CEO and Twitter boss Elon Musk says the Federal Reserve's recent rate hike "may go down as the most damaging date in history." The billionaire has called on the Federal Reserve to cut interest rates...
Daily Investigating kinetic and corrective movements in the chart As you can see in the picture, after each sharp price drop, the price correction based on the drop movement was between 50-61.8%. And in terms of time, the side range has had similar movements. It is expected that we will have another downward lag at least up to the range of 15550-15800.
Market Structure part 1 Smart Money Concept Course
Market Structure part two Smart Money Concept guys this is actually my secound vid on my market structure
This is an example of regression channel with harmonic pattern. By using Simple OHLC Custom Range Interactive, we able make confluence point (blue) to get Point X of Bullish Butterfly. There are many confluence points (orange flag and teal table), which shows Point D of Butterfly starting to complete. For Point D, best to monitor price changes using RSI or other...
This is an example of Channel Up and M Pattern (Bullish Bat). Found that M Pattern (Bullish Bat) within Channel Up. Pattern already touches PRZ (orange) and completed TP1 and TP2 (lime). Indicator used : 1. Regression Channel Alternative MTF 2. HH-LL ZZ 3. XABCD Harmonic Pattern Custom Range Interactive
Hello traders - In this part, we will talk about the smart money trap. - There are a lot of traps for traders left by big boys in the markets to take your money. That's why it's important to be careful, and don't swim with fish but swim with sharks if you don't want to be eaten. - The move is designed to first take out early sellers, then take SMC...
1825-1906: US begins market operations to maintain the gold standard. 1924-1931: US engages in number of market operations, including buying foreign currencies, to maintain the gold standard. 1934-1961: US Treasury creates the Exchange Stabilization Fund (ESF), conducts frequent operations directly in foreign exchange markets. 1971: Nixon Administration...