Ultimate Guide on how to trade trendlines in the crypto market
hi there traders all around the world👋 one of the great setups that we can count on it is breaking the trend line and it simple. when a trend line breaks spatially if that trend was a pullback in previous(we had a good bear trend line here) we must wait for price to reach and touch the trend line then we can enter. tip: if price touches 2or 3 times its much...
🔹 Liquidity is like fuel to move the market in a specific price zone. 🔹 We can find liquidity in zones where a lot of people set their stop losses and buy/sell stops. 🔹 The market makers will manipulate the price to break these obvious zones and take the liquidity. 🔹 These are the most common liquidity patterns.
95% of beginners don't understand why patterns don't work as it shown in the books. That's why losses, stress, and worries appear. The point is that only practice and personal experience will help you understand how to use it correctly. I will give you a few secrets how to trade in the channel successfully: 1. after testing the borders of the channel, wait...
After recently doing a review of my last 6 months of trading, I recognized that my portfolio value over this period looked very similar to the Dunning–Kruger effect curve. (a psychological phenomenon that suggests people are not always the best evaluators of their own performance). The theory is often applied to trading because most retail traders experience a...
Lately, we have been seeing some dramatic sell offs from earnings. NFLX earnings tanked the stock and they weren't all that bad. TSLA's most recent earnings caused just over a 100 point sell off and they were positive. TSLA and SNAP's earnings are coming up today/tomorrow and we see some sustained selling. So this made me wonder, how do earnings really affect a...
With this new version, the Fibonacci borders are calculated and placed automatically on your charts. No need to place the top border manually any more. You still have the possibility to move it manually if you consider that the indicator has not identified the right ATH (Pivot point) Enjoy !
The element of time is a technical analysis tool that I've previously elaborated on -> Check links to related ideas. The illustration is pretty self-explanatory. First attempt failed, however price presented a better opportunity a couple hours later which ultimately yielded all our profits for the week. I will provide my thought process, execution and exits for...
This indicator is the number of unique addresses that appeared for the first time in the bitcoin transactions. We can use it to identify distribution areas. According to Wyckoff in distribution areas, long-term holders sell their stocks (coins) to newcomer investors. Accordingly, in the distribution area, we should see a peak increase in the number of new...
Part 3. Turnover or retail volumes, orders and inventories This type of data measures retail trade turnover. As a rule, the retail business is, in simple words, a place where you and I go to shop to buy basic necessities and luxury goods. It is important because it is an excellent indicator of consumer demand within a particular economy. In certain countries,...
(1) Plan Your Trade (2) Take out the Position Size Calculator and calculate the trade size . In this trade in USDJPY, the stop loss is 125.01; the target: 135 Risk% = 1% Reward-to-Risk Ratio = 2.47:1 (3) Do your agree with THE MANTRA: "I measured my risk, limited my risk and accept this risk" If SO...... (4) Trade Your...
Hi traders in this post would like to share a trade setup i use for a while. first - supertrand indicator second - 20-50-200 sma indicator for supertrand - click on indicators and search for supertrend - choose the 3rd 1 from the list u see. change settings to - atr period - 5 source - hlcc4 - and atr multiplier - 1 now u have a system which will print out buy...
I am making this post to educate on the basics of Cyclical Analysis by Martin Armstrong. I have made my own indicator for MT4, it is available in the MQL5 Market place under "Martin Armstrong Cycles". Benefits of Cycles 1) Reveals the true market order in advance. 2) Provides a road-map in to the future as to what type of move you can expect. 3) Tells you...
In this post, I'll explain the ongoing situation with Twitter; how they're preventing Elon from buying the company out, and my thoughts on why Elon wants Twitter so badly. Twitter's Strategy - Twitter is using a strategy known as the 'poison pill'. - This is one of many defensive strategies that boardrooms can take when they're trying to prevent hostile...
iif strategy is using just a flag pattern 1) normal close line with green color that show mojo-jojo🦹 moving of market 2) hma 9 of close: for tracking fast movments 3) hma 9 of open: for tracking slow movements! I think the best timeframe is 15 minutes but you can try other tfs ;)
FOREX COURSE 101 - Lesson 12 - How to understand the ***TRADING Time Frame and the *** CONFIRMATION Time Frame*** for better Trading Success!
Hey traders today I wanted to go over the best Seasonal Patterns in the Euro and US Dollar Futures Market. The Euro and US Dollar futures follow an annual seasonal pattern which can show signs of strength and weakness certain times during the year . Knowing when to find these seasonal market patterns on your charts can really benefit us in our trading of the...
Had fun making this as I believe almost every novice trader will be able to relate if you can relate, then you got a lot to work on, which is good Here's an example of what kind of mistakes a novice trader does. avoid those mistakes and if you have done those already, then stop doing that you got the wrong mindset zoom out, journal your trades the same way and...