Harmonic ABCD pattern is a classic reversal pattern. In this article, I will teach you how to recognize that pattern and trade it properly. This pattern is composed of 3 main elements (based on wicks of the candles): 1️⃣ AB leg 2️⃣ BC leg 3️⃣ CD leg The pattern is considered to be bullish if AB leg is bearish. The pattern is considered to be bearish if...
1. Flip creates + sweeps high 2. Flip creates + sweeps equal highs 3. Flip sweeps high in prior leg 4. Initial Flip reaction gets swept
Take entry at levels By keeping 21 ponit SL.... ( NIFTY 50 ) This is just educational Purpose only..... I am also Learner..... Thank You. Best of Luck
A pattern in the COT reporting curve to determine long-term trend or bias (BIAS). With a scope from several weeks to months. Of course, reports arrive with a delay, but on a long-term scale this is not a big problem. Many people use divergences, or SMT in the teachings of Smartmoney Michael Huddleston (ICT), when analyzing charts. Why not use COT and divergence...
In the grand Cosmic Ballet of Finance, where Celestial bodies of opportunity align in the vast expanse of the market universe, we navigate the Ethereum Vortex with a seasoned Trader’s Poise. Our chart, a Navigator's star map, is a chronicle of strategy, a testament to the art of Dollar-Cost Averaging (DCA), and an epic etched in the annals of digital...
Good morning happy Sunday please enjoy this education on volume profile theory trading with the small time frames. What do you need to trade with this strategy? 1. Fib retracement. 2. VRPR 3. Fixed volume range 4. Market cipher b or your favorite indicator. 5. Patients
I published 3 indicators for trading using Bill Williams' Profitunity strategy. For each indicator, I have added a visual and detailed description in English and Russian. In this post I will briefly describe these indicators and how I use them together. AFDSA indicator (Alligator + Fractals + Divergent & Squat Bars + Signal Alerts) Includes Williams...
Losing on a trade when you think it will go up, especially after following EMA's does not feel okay. If you look at these 2 charts one is Amazon NASDAQ:AMZN and the other is NASDAQ:MSFT Microsoft. Now Microsoft crashed on the earnings report to about -4% This type of move really shocked me. Because I was expecting the price to follow the trend lines and in...
The relationship between inflation and Bitcoin - they moves in tandem together, in the same direction. We saw Bitcoin has broken above its 2021 high, and it is likely to continue this trend. Many attribute the reason behind this rally to the approval of Bitcoin ETF by SEC in January of this year. While this approval serves an incentive, the core reason for...
You know that trading is a mental game. And if you play it wrong, it can be very draining on the mind and the soul. Your aim is to make trading effortless and not overstressing. And to do this, you need to avoid making these draining trading habits. That’s what we’ll cover in this piece. Personalise Losses: The Emotional Pitfall Ever felt like the market...
Geopolitical tensions are on the rise, and it's natural to worry about the impact on your hard-earned investments. While war can be a scary prospect, history offers surprising insights into how traditional assets perform during such conflicts. But what about newer asset classes like cryptocurrency? Let's dive in. The Stock Market Rollercoaster: Dips, Recoveries,...
As discussed in our previous post, a well-defined trading plan is your invaluable compass, navigating you through the ever-shifting tides of the financial markets. It's not a rigid set of rules, but a dynamic roadmap that evolves with changing market conditions. Defining Your Trading Goals Your trading plan begins by clearly defining your trading goals. What do...
Absolutely, trading without implementing a stop-loss strategy can indeed lead to significant challenges and ultimately undermine a trader's success. The Crucial Role of Stop-Loss in Forex and Crypto Trading In the dynamic world of forex and crypto trading, where market fluctuations are the norm rather than the exception, the importance of implementing a...
In this video we will demonstrate how to trade the NEW CME Micro "Ultra 10-Year U.S Treasury Note" symbol with TradingView with AMP Futures.
Now when you are looking at this stock I want you to understand that this type of strategy is good for investment purposes only This means you are not allowed to use margin To trade these types of stocks. Otherwise, you will lose your money to trading commissions and market volatility So instead you can use the rocket booster strategy to take advantage of this...
A very known and famous pattern (The chart is an old one whose target is almost reached Dont mind that) It has to shoulders or more (Small dips) and one head target is the distance between head low and neckline.
📈 Introduction to Candlestick Charts Candlestick charts, also known as K-line charts, are financial charts used to track the price movements of securities. Originating from the rice markets of ancient Japan centuries ago, they have now become a staple of modern stock price charts. Compared to standard bar charts, candlestick charts offer stronger visual...