In Forex trading, understanding price movements is essential for success. This article presenteds a conceptual ideology that metaphorically interprets price movements in Forex. We explored range trading as breakfast and conversation, where traders analyze overbought and oversold levels on a RSI 4 for potential breakouts. Trends were attributed to...
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DXY chart) The 102.034-105.873 section is a volatility section, and depending on which direction you deviate from this section, the movement of the investment market is expected to...
If you have made the decision to pursue a career as a trader and are on the path to mastering this profession, it doesn't matter which trading direction you prefer—whether it's intraday crypto trading, Forex trading, or stock trading on the stock market—you will inevitably face a choice: Option 1: Freedom To be a free trader means being someone who learns from...
Hoe to plot the Dow theory on charts Remember the words HH Higher High HL Higher Low EH Equal High LL Lower Low LH Lower High EL Equal Low
I've made this serious mistake when I started out trading. I skipped from strategy to strategy, methodology to methodology. I've tried almost everything. Signals, account management, mentorships, PAMM, expert advisors, bots and paid indicators. Everything seems to be profitable, until I put my hands onto it. Many times, I found some profitability. After...
Some rookie traders frequently trade without a stop loss because they think they can avoid being stopped out by market swings or rollover. However, if the market moves against them, this technique could result in severe losses. In this article, we'll cover why trading without a stop loss is a bad idea and how stop losses can be used efficiently or, as an...
The secrets of making four figures through trading. In this Trading view Post, we will explore the key strategies and considerations that can significantly enhance your swing trading results. As a forex coach specializing in this trading style, I'm excited to share valuable insights and empower you to achieve your financial goals. Small Accounts are Out, Prop...
this video provides an essential look into how traders think and how you should also be thinking. gives price action setups on this tutorial too
There are hundreds of different trading strategies based on fundamental and technical analysis. These strategies combine different tools and trading techniques. And even though, they are so different, they all have a very similar structure. In this educational article, we will discuss 4 important elements every trading strategy should have. 1️⃣ The first...
1) Does not Journal They do NOT journal and proceed to continuously do the SAME thing day in day out expecting different results each time 2) FOMO Proceeds to see someones open position on social media Form a bias from that and open a trade based upon the individuals setup without any research 3) NO reasoning Proceeds to stutter and talk nonsense if...
Welcome back, traders! In our previous video, we took our first steps into Pine Script™ and learned about creating indicators. Today, we're going to dive deeper into the Pine Script™ landscape and provide some valuable pointers to guide you on your journey of mastering Pine Script™. So let's get started! The first important distinction we need to make is between...
Welcome back, traders! In today's video, we'll explore the powerful features of the Pine Script™ Editor, where we'll be working on our scripts. This editor offers a range of advantages that make our coding experience more efficient and enjoyable. The Pine Script™ Editor is specially designed for writing Pine scripts, and it brings several benefits to the table....
Welcome back, fellow traders, to another exciting episode of our Pine Script™ journey! In our previous video, we explored how to use existing scripts and indicators on TradingView. Today, we'll take the next step and dive into the fascinating world of reading and writing Pine Script™. In this episode, we'll focus on the fundamental aspects of reading Pine...
Welcome, fellow traders, to the exciting world of Pine Script™, TradingView's powerful programming language! I'm Stock Justice, and I'm here to guide you through the ins and outs of this incredible tool. So, buckle up and get ready to dive into the world of creating your own trading tools and strategies. Before we delve into the magnificent content of the Pine...
NFP May 2023 - 339,000 jobs have been created. While this sounds like a good thing, it’s also a bad thing. The entire point of the Federal Reserve hiking interest rates was to ‘slow down inflation’ by making people lose their jobs, in turn leaving them with less disposable income to flood back into the economy. What this NFP data shows is that the current...
Introduction The dynamic landscape of cryptocurrency trading is filled with a multitude of variables that traders need to comprehend to navigate the financial waters successfully. One such vital aspect of understanding is the relationship between Bitcoin Dominance (BTC.D) and Other Cryptocurrencies Dominance (OTHERS.D). This article aims to provide an in-depth...
Price action technical analysis is a popular and effective approach to navigating the financial markets, including stocks, options, futures, Forex, Crypto, and Commodity trading. This article will provide expert tips and insights to help you successfully trade various financial instruments using price action technical analysis. By understanding and applying these...
The stock market animals roam the financial landscape, representing optimism or pessimism. These animal metaphors capture the sentiment and beliefs behind the market participants who often try to outsmart each other through their edge in the market. Here is a list of 7 most popular animal metaphors in the stock market. Maybe it can help some traders to look at...