In this edition, I'm tape reading going into the NY PM Session.
Welcome to the intriguing world of Forex, where currencies act at their own rhythm, sometimes defying expectations and confounding even the most experienced traders. In this article, we are going to unravel the “mysteries” surrounding the reactions of USDCHF and EURGBP to recent interest rate hikes. We will dive into the realms of market anticipation, monetary...
In one of my first publications on TradingView, I shared my stock investing concept of buying great companies during a sell-off . Of course, this idea is not unique. In one way or another, the masters of value investing - Benjamin Graham and Warren Buffett - have talked about it. However, the seemingly simple statement requires an understanding of how to find a...
In this video, I follow up on ICT Tape Reading Practice 3 coming into the NY AM Session on Friday, June 23, 2023.
The realm of finance is replete with a plethora of phrases and terminology, and among the most prevalent is the notion of "smart money." This term commonly alludes to seasoned traders who possess access to a wealth of information and knowledge beyond the reach of novice traders or individual investors. Within the domain of cryptocurrency, the concept of smart...
In the dynamic world of financial markets, successful traders know that understanding volume analysis is crucial for making informed trading decisions. Volume, the number of shares or contracts traded during a given period, provides valuable insights into market dynamics and helps identify potential trends, reversals, and the strength of price movements. In this...
There are only a few decisions you need to make as a trader. When you actually need to press buttons to action trades. To enter, to adjust and to exit. It’s crucial for you to know when is the right time to do so. You need to consider certain factors and criteria to enhance the chance of profitability. And at the same time to mitigate risks. So here are four...
Hello traders, today we will talk about Myths and Reality of Trading. As you may already be aware, there are a lot of misconceptions that new traders encounter before they begin their trading careers. The following interpretations of those statements are presented on the layout: 1) The majority of individuals believe that trading is simple and that they can...
Are you looking for a way to take advantage of short-term market movements without the stress of day trading? Look no further than swing trading. In this article, we’ll dive deep into the world of swing trading, exploring how it differs from day trading, discussing its advantages and disadvantages, and taking a look at some of the most popular swing trading tools...
In this video I practice tape reading using ICT concepts coming into the London session.
1. Go to the 1D time frame 2. Open chart drop down menu and select Point and Figure* *Point & Figure below the 1D time frame is ONLY available to TradingView members that are subscribed to the Pro plan and above 3. Click on the SETTINGS wheel on the P2P INDi 4. Locate the DEFAULTS drop-down menu and select RESET SETTINGS 5. Click the INPUT tab 5....
Trading isn't difficult, but maintaining discipline and sticking to your plan is the key to success. Money means nothing if you can't develop the right mindset. Join me in the PvP game of trading, where I strive to win with everyone. If you can't keep up, it's best not to try. Fear and FOMO are opportunities for growth and learning. Let's make a dent in the market...
In the traders' job the chart patterns indicating price changes are of great importance. This includes the "Cup and Handle" formation. A cup and handle is a popular chart pattern among technicians that was developed by William O’Neil and introduced in 1998. What does the pattern look like? "Cup with handle" is the term chosen because of the undeniable...
Trading Strategies to Overcome Market Challenges It's time to turn the tables on the bear market and make a powerful impact. With a clear plan, risk management, and calculated trades, we can take control of our investments. Let's dive in and make a dent in the market! Post: 🔥 The bear market may have left a dent in our bags, but now it's our turn to make a dent...
Sometimes when markets are at crucial turning points, what I call the "fool factor" is notched against you at an extremely high level. What I mean by this is that if you are trying to day-trade or position trade for the next significant move, the chances of you being "fooled" by the market is quite high. That is how major price breakouts occur. The majority of...
👉🏻The world of investing can be a wild ride, full of twists and turns that can lead to either high gains or crushing losses. That’s why it’s important to understand the different risk levels that come with investing in various assets. Let’s explore the three main categories of investment risk levels: low, moderate, and high. 💹Low Risk If you’re risk-averse and...
I can not say how long this Short will last, because I am currently viewing Order Flow and watching Live to look for clues. But at the very least, if you were scalping, here was a great trade. Buying volume exploded high above the last point of Supply, but price did not. Therefore, we can see there is likely Buying Absorption occuring, as we also have upper...
I was out enjoying myself holding short when this was happening, as I expected lower. I did not get the chance to have a closer look at the volume indicator on Coinbase, which is what I really should have done, as it would have allowed me to buy the bottom. But we all have stuff to do. Now my opinion on the market does not really matter as we have to keep...