1) . As we know Triple Top is a Reversal pattern from Bullish to Bearish 2) We can see the stock is in uptrend for sometime and slowly losing momentum 3) Then it forms Three tops with all tops containing Shooting star price rejection candle as well 4) After third top touch if breaks below Neckline resistance , we have to wait till it retest and then enter 5)...
It's a trading opportunity I observed I could take on NFP news released at 06-01-2023. It's important to note that trading just prior to or spot on a news release is very risky and may sometimes lead to loss of a great deal of balance. Nevertheless, We can see a higher timeframe uptrend on the EURUSD chart. Considering the taken out liquidities we could've make...
Many traders utilize forex trend trading specifically to increase their profits from currency exchange. The possibility to take a big number of pip moves due to a strong, directional price movement, a high probability of profit, and exceptional signal accuracy are only a few of the benefits of trend trading. These are the factors that make trend trading possible...
I came across some data which enabled me to construct a chart showing Mark Minervini's monthly gains in his spectacularly successful 2021 trading competition win. I also measured the equivalent monthly gains of the S&P500. My aim was to study how he performed relative to the monthly Index movement so that I could, perhaps, understand his methodology. I have to...
Hey traders, Planning your every trade, you should know in advance the profit that you are aiming to make and the maximum amount of money you are willing to lose. In this educational article, we will discuss risk reward ratio - the tool that is used to compare your potentials losses and profits. Let's start with an example. Imagine you see a good buying...
BTC domination: how to use it? And when to buy Altcoins? Today we will talk about Bitcoin Dominance. What is bitcoin dominance? Why is needed? And why exactly Bitcoin? Bitcoin is the first and the largest cryptocurrency by market capitalization. Altcoin is any cryptocurrency other than Bitcoin. Dominance (BTC.D) displays the relationship between the direction...
🔘What is Scalping? Scalping is considered the most profitable but, at the same time, the most challenging trading strategy in any type of market. Alternatively, scalping is also known as high-frequency intraday trading because a large number of deals and the high speed of making them allow a scalper to earn on almost any market movement due to small but...
Here's the deal, guys. If you want to make this year a successful year in trading, you got to have an edge. It doesn't have to be rocket science, just a solid strategy. There are plenty of resources out there, so don't be shy to do your research. Once you got a strategy, test it out with a small account or paper money before committing fully. And when you commit,...
This is purely educational and I'm sure there will be a lot of upset people as they feel attacked by this - and if this is true for yourself that's good because it might make you re-think/change your mind and learn better methods, Overall I've spent years and years reading/testing many different TA methods and in the end the only ones that I ever found to work...
Watch what/how PA reacts when it reaches these levels from here on. This will be a forward test of the theory that price will always move to take out these buy/sell liquidity areas. Blue = buy liquidity Red = sell liquidity Grey = Nulled/Wiped liquidity
Hello👋 dear traders. I am Pejman👦, and today I want to explain the types of markets📈 with another story from TradingView🎢. Maybe you love the world of animation👶 like me, and I'm trying to make the trading world as beautiful and colorful as the animation👶 world🌍. So let's dive into another Tradingview🎢 land story. Once upon a time⏳, in Hundred Acre Wood,...
Hello, guys🤪; I'm Pejman, and today we will change the regular TradingView to TradingView Disneyland🎡 . I want to tell the story of Snow White and the trader dwarfs. Once upon a time🌞, in the kingdom👑 of Stocktopia, there was a young princess👰♂️ named Snow White Charts. She was the heir to the realm of Stocktopia. Still, unlike her father, the King of...
This is an event that has spread all over the real and virtual space these days I am better than you, more beautiful than you, smarter than you But the reality is something else But we know the truth! You and I are human, we have our merits and demerits, we all lied, we were all kind, we were both good and bad! we are equal .. With this introduction, I wanted to...
Harmonic Patterns use the identification of quantified chart price action structures that have specific and consecutive Fibonacci ratio alignments that form the visual structures. Harmonic patterns calculate the Fibonacci levels of the price patterns to identify high probability reversal points on the charts. This method believes that harmonic patterns or cycles...
Today we are going to look at the second of the three main reports that a company publishes during the earnings season, the income statement. Just like the balance sheet, it is published every quarter and year. This is how we can find out how much a company earns and how much it spends. The difference between revenues and expenses is called profit . I would like...
Hey traders, Above is my first video ever made on this Platform in which i explain a simple way to find strong support and resistance zones using bollinger bands indicator.
ok here me out. i'll go straight to point this message is for the newbies (oldies gonna hate) what is pure Minimalist Technical Analysis Trader ( MTAT : i just made this up) -it is when u leave out all so-called indicators and focus on the chart -some of these indis are: MACD, RSI, ATR, STOCHT.... -it's when u leave out the FUNDAMENTAL...
Hello. I sometimes wonder why the same indicators for BTC/USD and BTC/USDT charts may not match at critical points? I use EMA crossing even on weeks, and when checked by other factors it works (although usually SMAs are recommended for weeks). But I suggest you ponder together why trading to the real dollar has already resulted in a bad EMA50/200 cross on the...