Order Blocks and Breaker Blocks and How To Trade Them In the intricate world of trading, especially within the forex markets, understanding the mechanics behind order blocks and breaker blocks is paramount. These concepts, rooted in the actions of institutional participants, offer a window into the potential future price movements. In this article, we’ll explore...
Supply and Demand Trading Patterns and Strategies Understanding the nuances of supply and demand is essential for traders to discern potential market reversals, identify trend continuations, and execute well-informed trading strategies. This article delves into the core patterns and strategies of trading based on these zones, providing a structured approach to...
What Is Behavioural Finance? Behavioural finance is a field that combines the principles of psychology and economics to understand how human behaviour affects financial decisions and markets. It recognises that people are not always rational, and their emotions, biases, and cognitive errors can influence their financial choices. Behavioural finance is a growing...
When 10 EMA crosses down 21 EMA, that's early signs of trend reversal. I didn't Long on this setup taking cue from the EMA movement and it turned out to be the right decision.
I do not understand why specific country search is not available in the "All" category search. Someone based in Japan may be interested in trading only Japanese securities and may not want to search for any other symbols. But every time he searches, he will see other irrelevant securities. I request TradingView to add a country search to the "All" category as...
Mastering Multiple Timeframe Trading Strategies In the fast-paced world of trading, the ability to analyse and interpret multiple timeframes can be one of the advantages of a trader. In this FXOpen article, we will delve into the concept of multiple timeframes in trading and consider two multiple timeframe trading strategies based on it. Understanding Multiple...
Welcome to the second part of our educational series, Brilliant Basics. In this series, we'll explore how mastering the fundamentals lays the groundwork for achieving high-level performance in trading. Today, we focus on reversal zones, specifically the art of drawing support and resistance consistently across multiple timeframes. Understanding Reversal Zones ...
Analysis of Currency Correlations in Forex Trading Navigating the complex landscape of forex trading requires a nuanced understanding of currency correlations. This article discusses the various aspects of the concept, from its definition to practical applications in the world of forex trading. Understanding Forex Currency Correlation Acknowledging the...
Compound Trading Strategy: Definition and Use Compounding is a powerful strategy that includes reinvesting returns from trades to achieve exponential growth over time. According to theory, by consistently reinvesting returns, traders can potentially increase their capital base. This article explores the mechanics, benefits, risks, and practical steps to...
Well, its been two years now,not profitable but the bleeding has definately been stopped. hovering around the break even zone for what feels like eternity,started in futures with the minis right out of the gate and got handled,never tracked anything,never journaled,what I did do right was stick to my strategy.with the exception of two or three really bad "revenge...
Hey traders, In this article, we will discuss the perception of trading by individuals . We will compare the vision of a professional trader and a beginner - trading vs gambling. Most of the people perceive trading performance incorrectly. There is a common fallacy among them that win rate is the only true indicator of the efficiency of a trading...
Trend Reversals and the Sushi Roll Reversal Pattern Understanding trend reversals is essential for optimising trading and managing risks. This article delves into the concept of trend reversals, with a focus on the Sushi Roll reversal pattern—a sophisticated tool that helps traders anticipate significant market shifts—exploring its formation, context, and...
Here's how you can analyze the daily chart of BTC/USD to identify a potential wave 5 uptrend using Elliott Wave Theory: Confirmation of Uptrend: Analyze the higher timeframe charts (weekly or monthly) to confirm a dominant uptrend. Completion of Wave 4: Identify the end of the corrective wave 4. It should ideally be shallower than wave 2 and shouldn't breach the...
Hello, Trade identification is the process through which you are able to identify setups that can be actioned on in the markets. For this example, I shall be using the BTCUSD chart to chant my path as I look for tradeable setups. 1: Structure drawing Identifying the structure of trades is very key since it creates a sense of knowing where the market is at from...
And if you do not know what I mean then see the linked idea below ‘the study’. Now the market cap is way to small for my interest but it might appeal to someone or indeed someone who is interested in the long game. The reversal pattern is one we see play out time and time again in all markets. Most recently on a crypto called CFX (see example below). The...
Another trade breakdown ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency....
In this video i share you how to trade ict by applying indicator with simple step that is easy to understand . So you can go and try it
This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is...