The double top pattern is one of the most common technical patterns used by Forex traders. It’s certainly one of my go-to methods of identifying a potential top.
Just as the name implies, this price action pattern involves the formation of two highs at a critical resistance level. The idea that the market was rejected from this level not once, but twice, is an...
Hey my friends,
here another educational Video for thise who can`t make money in the long-run!
This is especially good for beginners and advanced traders who can`t make profit.
I hope you enjoy it! ;-)
Peace and happy learning
Irasor
Trading2ez
Wanna see more`? Don`t forget to follow me!
Any questions? Need more education or signals? PM me. ;-)
The short answer: DONT.
I've decided to use EUR/GBP today as a prime example of when to sit on the sidelines and not risk a cent of your capital. As you can see, the past 7 weeks have been an absolute mess with price looking very indecisive and all over the place. This means that traders are not able to come to a consensus of whether they are bullish or bearish...
You have SPY Trending down today CCI and Candles are red pink and purple buy the 1st or 2nd pullback where CCI goes near ZERO line on CCI
I use 5min charts minium Indicator link:
Color of your candles matches your CCI with Histogram indicator and trend line . CCI EMA or SMA based option, traditional or modern formula calculation options ect. Can change Length,...
To find a divergence you have to take in account for the movement at each point in time. For example, make sure your divergences include a contiguous downtrend or uptrend or else they are invalid. Furthermore, don't build opinions over a single timeframe or indicator: always be sure to use multiple. Another good tactic is to discuss with people who might have...
By the time you are done with this tutorial, You will understand Structure, Trends, Reversals & much more! This tutorial will teach you how to dig deep into the charts & analyze where price is likely to go next!
Reading Structure can be difficult when you first start trading, however most professional traders (if not all) understand structure very well and it is...
How To Use Fibonacci Retracement to find High-Probability Trade Setup
Brief Definition:
Fibonacci retracement is a very popular tool among technical traders and is based on the key numbers identified by mathematician Leonardo Fibonacci in the thirteenth century.
In technical analysis, Fibonacci retracement is created by taking two extreme points (usually a...
ETHBTC is like the most traded currency pair, comparable with EURUSD.
Currently the trend is strongly in favor of Ethereum it moved from as little as 0.01 ETHBTC to now 0.1 ETHBTC, which is an increase of price of more then 10 times or 1000%
Best way to trade ETHBTC is holding all your money in Ethereum and whenever you see price drop to a retracement then you...
Why Traders Lose In The Financial Market.
Three Important Things To Know Before Trading
You may be one of the traders out there, Who has lost plenty of dollars in the financial markets. So in today’s lesson we are going to check the most common trading mistakes a trader does when he starts trading.
Knowledge:
So the first important accept in losing in...
Hi Traders,
Here is a bearish bat pattern setup on USDJPY with D pattern completion at 103.950.
Read below if you are unsure how to identify a bat pattern.
1) Look for an impulse leg, which will mark the beginning of the pattern. I like the analogy of seeing the impulse leg as a "Sore Thumb" high or low point, something that immediately sticks out on the chart....
![USDJPY: [Tips] High-Probability Trade with Fibonacci Retracement](https://s3.tradingview.com/b/bAqit1tT_mid.png "[Tips] High-Probability Trade with Fibonacci Retracement")
