On the left side, You see a Cup and Handle pattern which is one of the most profit-making patterns in the market, while on the right side you see a Double Top which indicates the probability of lower prices in the coming days! Which one would you pick? in which you will put your money? Let's look at the volume and see if it could help us: A: In a cup and handle...
it's important for traders to understand the direction of the price, the very basic of doing it is to first draw trend lines, there is no wrong or correct, there is only hight and low.
Greetings to all readers. As has been repeatedly noted, most people are not used to paying attention to the little things. However, it is this action that distinguishes them from those who strive for a much greater understanding of the market. I am publishing this idea so that you can all realize that sometimes original, non-classical methods of analysis can bring...
Hello Dear Friends How can we use Bollinger Bands and RSI (Relative Strength Index) together? Bollinger Bands I shared an article about Bollinger Bands, you can check it out. The logic of Bollinger Bands is simple, there are two bands at the top and bottom where the standard deviation of the price is added and subtracted. In the middle is a moving average. *A...
This is an updated version of my previous "Evergrande + others" chart of Chinese real estate. Instead of including some smaller companies with longer price history, this focuses on large market cap companies. I weighted the prices against each other equally by their 42 day average, and then weighted that by the market cap: 1. Sun Hung Kai Properties (0016) HKD...
Hey Everyone, As you all know we generate two types of levels the Goldturn levels (weekly), which we share to all our members and also our VIP intraday levels (daily) for premier. We then use our EMA5 cross and lock to identify targets. Please see example of our 1H chart setup and how EMA5 cross and lock confirmed the lower targets. We can see EMA5 cross 1769...
6- Make sure you love trading It's hard to stay motivated when you don't like what you're doing. So while it may sound like a no-brainer, make sure you actually enjoy trading. Or find a way to do it. It can be from a fundamental, technical, financial point of view... Whatever you aim for, to stay motivated, find your angle and enjoy what you do. 7- Accept...
Welcome to the coffee shop everybody I am highly highly highly excited about the new developments taking place with the CoffeeShop Crypto HARSI 2022 Don't let the name of the indicator fool you it can be used on more than just crypto you can use it on all markets or any markets that you choose to use it on. As you know the indicator was released sometime ago...
- Determine directional bias from HTF - Find high/low trading range from previous day - Drawn in fib level to see premium/discount zone for entry - Spot CHoCH in different direction of HTF (Potential to grab liquidity) - Wait and see Price action with HTF bias (In this case is bearish) - Price entered premium zone for open short position - Wait for lower time...
Most traders spend a good bit of time looking at charts. Well here is a chart we traders should all take a look at. The chart shown is the Yerkes-Dodson Law. The Yerkes-Dodson law is a proposition that people perform best at intermediate levels of arousal, and that performance is lower at high or low levels of arousal. The theory behind this is visually...
The Great Recession is not the first time that the economy has experienced downturn or recession. The last one occurred during the early 1980s, and it caused unemployment to spike and home prices to drop. However, that doesn’t mean that a similar situation cannot happen again. The effects of a recession have lasting implications for consumers and businesses. When...
Daily analysis of DXY, EUR,JPY, CAD and GBP. A trading plan, daily bias high prob. liquidity levels where I would be interested to trade. Streaming Mo - Fri 30 minutes before Frankfurt open. (7:30 CET)
Here's a quick video on how to use the monthly open as a simple analysis for your trading. This technique helps us FOLLOW and not PREDICT the market.
When the bull market start with a good news? It`s always bad news at the beginning of the uptrend: in 2015, 2019, 2020. Always the same situation. And now we a here in 2022 and bad news at the bottom of the market. Push 🚀 if it looks similar to other cycles. In this idea i explain you what is liquidity gap and global situation on BTC. You can identify it...
The Inside Bar is a lovely pattern that shows consolidation in a valuable way. As you can see the candle parent candle creates the high and low that will low key to know the consolidation is over. Price staying inside this area tells you so many things ! 1. The Market volume is low in terms of trades being executed on the instrument. 2. Where price is at fair...
Back last year I posted an educational post on the Wyckoff Distribution schematic I was seeing on Bitcoin. This was the logic behind the "Rocket Call" back last March. It was knowing where to search for an accumulation (which it was not) or a distribution. There are a couple of tell tail signs outside of Wyckoff literature that can assist in knowing which is...
Hello Traders, As we know trading is one of the most challenging professions in the world and not only do you have to do your research and own due diligence on a technical aspect, you must ensure your mind/emotions are on point as it is the most common reason traders lose money in this industry. I wanted to share a bit of information from a mental and...
Hi friends. hope you are good. today i want to tell you some details about August 14 Monero Hardfork. after that we take a look at XMR chart and analyze that in price action. Lets Do Them: This fork happened at block 2,688,888, this Sunday (14 August). It brought several fixes to the internal multi-signature mechanism to facilitate the exchange of information....