I sorted out the principles of this long BTC trading strategy. This is a trading system with a high winning rate that I often use. It is very simple and practical. I will share it with you now, hoping to help you. As we all know, the risk of futures trading is very high. If you are a novice, then you are prone to failure. Liquidation and asset zeroing are common...
Looking at the daily timeframe, it was clear that the GBPUSD pair had a bearish bias. In light of this, our focus was on potential selling opportunities, and we identified two key areas for consideration: 1. The breaker area , which typically coincides with the 50% Fibonacci level (indicating equilibrium). 2. T he order block area , often found at the...
The Trend Estimator is an assembly of indicators customized into a strategy with floating PnL (mostly useful for the phone app) where each indicator can be selected as a separate strategy. Best results so far are on the 1 hour time frame using the Special Super Trend or the QQE Mod
Technical analysis is a crucial aspect of trading, allowing traders make decisions based on patterns and indicators in price charts. Two common patterns that traders often encounter are the triple top and the triple bottom . These patterns can provide valuable insights into potential trend reversals in the market. In this article, we'll explore what these...
In the today's article, we will discuss 4 classic yet profitable forex and gold trading strategies. 1️⃣Pullback Trading Pullback trading is a trend-following strategy where you open the positions after pullbacks. If the market is trading in a bullish trend, your goal as a pullback trader is to wait for a completion of a bullish impulse and then let the...
Risk management is one of the key topics in forex trading that is not emphasised enough. Instead, there is too much emphasis on solely focusing on being on the right side of the market to consistently make money while ignoring proper risk management in the process. This post will completely debunk this, so after you have finished reading, you will hopefully have a...
Good Afternoon everyone, I will show in depth order entries in this post, read the updates to see. This idea was formed last night around 10PM NY Time. I originally was hoping to trade up into the most recent Order Block (green path arrow) during the London session and end at the Terminus -4 around 8:00AM NY time. I then would've liked to see accumulations...
It’s time we cut through the BS and noise and shed some light on the TRUE and REAL world of financial trading. I can’t believe the misconceptions and false ideas of trading are still making appearances. It’s time to educate yourself before you eradicate your account. So let’s debunk some common and dangerous trading myths. Myth 1: It’s a Get-Rich-Quick Scheme...
Welcome to Part 2 of our 7-part Power Patterns series. In this series, we'll be equipping you with the skills to trade some of the most powerful price patterns which occur on any timeframe in every market. This week’s pattern, the ascending triangle can often precede fast and powerful breakouts. A strong understanding of this pattern is essential for any trader...
Fixed Range Volume Profile: Definition and Trading Strategies The Fixed Range Volume Profile (FRVP) has long been favoured by traders for its ability to accurately predict the market direction and key turning points. However, its complex appearance can put some traders off. In this FXOpen article, we’ll take a deep dive into the FRVP, how to use it in a trading...
Hey, traders! Last week, I received a few messages from traders who didn’t understand how to enter with the DCA bot, and I decided to write a summary about it. Determining the ideal moment to launch a DCA Bot concerning a crypto coin movement in a range calls for a well-thought-out strategy. Your decision essentially hinges on your expectations of the crypto...
Today I took 3 trades. 1 losing trade and 2 breakeven trades. The losing trade, I took with a bit of FOMO, because I saw price moving towards my expected direction and I took the trade even if it did not fit my trading plan. For the 2 breakeven trades, I moved the SL to BE a bit early because of fear of losing, maybe because of the first losing trade. If I did...
Hey Rich Friends, One of the greatest features that I have ever stumbled upon on Tradingview was the "Indicator Templates." If you are new to trading and need a simple strategy you can build upon, why not try one that is already built into your chart? In this quick video, I will explain: 1. How to access Indicator Templates 2. 3 simple trading strategies (Bill...
In the world of forex and gold trading, recognizing chart patterns can be your key to unlocking profitable opportunities. One such pattern, the Cup and Handle, offers traders a powerful tool for identifying potential bullish trends. In this comprehensive article, we'll explore how to identify and trade the Cup and Handle pattern in both forex and gold markets....
This is my version of walking a Bollinger Bands. I use an Ehler instantaneous 21 BB. The settings for the Bands are 0.75 deviations (detrend at +0.75), zero offset, no lower band, no basis. The result is the solid red moving average. Close your bull after a dow theory closing violation under the uptrends' detrending signal.
index that serves as a benchmark for the banking sector in India. It comprises the most prominent banking stocks listed on the National Stock Exchange (NSE). BankNifty reflects the collective performance and trends of these banking giants, providing investors and traders with a valuable indicator of the overall health and direction of the banking industry. As an...
CME: E-Mini Nasdaq 100 Weekly Options ($Q1D-$Q5D) When I first started trading two decades ago, I was overwhelmed by the amount of data that was available. I had a hard time correlating how data relates to price movement. While observing the stock market, I have one question in particular: why does the market often moves drastically immediately after the release...
How to trade coins after listing? Here is logic of IAP model BINANCE:APTUSDT When people get tokens after airdrop or launchpad, most likely on first candle we will see seller pressure. This model works in general only for fundamental projects, where even people who get tokens for free will hold it for long term. Because we got a lot of examples when this...