Hello, traders! Have you ever wondered why it feels so hard to be consistently profitable in trading? If you have, It's okay. You're not the only one In fact 90% of traders lose money consistently. What have they done to deserve that? This is what 90% of traders do: - looking for holy grail strategy - when it fails, they jump to other strategy - they never...
Hello traders: Today let's talk about “consistency” in trading. Many traders understand they need to be consistent, but what exactly is consistent in trading ? To me, it's not just making consistent “profit”, rather it's being consistent with your trading strategy, risk management, trading psychology, mindset and emotion. Let's take a look at a few examples...
The National Regulator openly manipulates the exchange rate to the benefit of the economy, undervaluing it when there is a trade deficit, thereby helping exports, and overvaluing it when there is a surplus, so that citizens and businesses can buy more imported goods. The real exchange rate of a nation's currency is determined by its purchasing power abroad. In...
❗️The concepts of support and resistance are fundamental concepts of technical analysis of financial markets. They are applicable to almost any market, be it stocks, Forex, gold or cryptocurrency. ❗️And although these concepts are easy to understand, in practice they are quite difficult to master, since the definition of levels is completely subjective, and...
A,B,C,D,E - Classic funneling out master pattern price action, getting wider at each swing - grabbing buy/sell side liquidity and reversing onto the next liquidity spot. This is a textbook example of a multi-leg expansion. Refer to the linked idea "How Time Affects The Master Pattern"
Today i will be showing you how to use Curved Trend Line indicator. This indicator contains 21 period ema which is red line and 20 period sma which is yellow line. This 2 averages together work like a trendline. So if the prices are below both lines we are in a downtrend and vice a versa. If price is in the green are which between the 2 lines, that means price...
Divergence between DXY and EURUSD in the price action surrounding FOMC May 2022. Price sweeping highs / lows on one of the pairs , but not creating the mirror image or symmetrical price action on the other as expected, indicating a likely reversal in price action.
I recently attended a talk by Stephen Hoad on behalf of the STA for the CISI, where he discussed his use of Renko charts. Well, it piqued my interest and I decided to take a closer look myself. Renko charts were invented in Japan, they ignore time and just use price changes that meet a minimum requirement, which to my mind sounds exactly like Point & Figure...
This will be a tutorial using divergences and oscillator confirmation buy/sell signals. Hello. Here I present a simple system that is very profitable but along side this system I will present a risk management system that is easy on emotions and robust on capital. I predominantly use the 1hr and the 4hr to look for both REGULAR divergences and HIDDEN...
Today was a day full of high impact news releases so it would have been wise taking a day off of trading. The reason I am posting this is to show how price still develops this pattern of behavior even when we get high volatility with the economic calendar news releases. Look how this framework still allows us to make sense of the market even in a day of supposed...
Here I share with You On Different Ways as to How You approach Trend trading
Hello fam , this is an educational post : Classic downtrend structure : We usually have the creation of new lows Valid supply levels Liquidity grabs Sell opportunities at the first Retest Valid Suppyl levels & Orderblocks
This is a strategy that uses a strategy that normally sucks with range markets, which by inverting the conditions, makes a highly profitable strategy. Leave feedback for me! Keep in mind that the source code that I used is just an edit of someone else's. The strategy itself is not specifically associated with the code used, and was just meant to give a visual...
One way to hedge a high inflation rate is to invest in REITs. Dividends can help offset some of your higher costs. This is touted all over at this time, but don't throw darts at random REITs. And to be honest, chances are your small fund manager could probably use your guidance if you're well-educated on the markets. The same due diligence is required for any...
A study on regular divergence and how profitable it can be. Again I use the RSI and Stochastic RSI (Other oscillators are also good as long as you can identify HIDDEN or REGULAR divergences). Here on the 1hr it was a tell tale signal that the markets would pull back. This is a simple but powerful tool that you should practice to become proficient at it. Once...
Another tutorial video on how to calculate a bounce price using Z-Score. This is actually a true, quantitative trading strategy and one that has been the most helpful in preventing me from getting shaken out of swing positions. I was reluctant to share, because it is a very powerful and unique way of doing assessments, but I figured why not be helpful! This can...
Bites Of Trading Knowledge For New TOP Traders #11 ---------------------------------------------------------------- What is Fundamental Analysis? - Fundamental analysis is a method of determining a market’s “real value” or "fair market" value through the collection and examination of financial and economic information. Information gathered may include...
If you have been led to believe that the prices move depending on the number of buyers and the number of sellers; if the number of buyers is greater than the number of sellers, prices go up, & if the number of sellers is greater than the number of buyers, prices go down. Then you would be wrong... The number of sellers or buyers is not what moves the price. What...