In recent developments, SASKEN is showing promising signs as it approaches a crucial resistance trendline. Notably, the stock has received support from a reliable support trendline, accompanied by healthy trading volumes. Additionally, there has been a positive crossover observed in the MACD indicator, further strengthening the bullish sentiment. An encouraging...
Hello everyone, welcome back to "Thinking in Pine" short video tutorials. In this video, we have discussed special cases of using var variables inside function definitions. If you are not familiar with var variables, please take a step back and watch our earlier video - "Thinking in Pine - var, varip and regular variables" 🎲 Summary Using var within a...
Introduction In the dynamic world of stock trading, swing trading stands out as a strategy focused on capitalizing on short-to-medium term gains in stock prices. Typically spanning a few days to several weeks, swing trading requires a keen understanding of market trends and precise timing. In this high-stakes arena, a trader's toolkit must include not only...
The Bill Williams Alligator indicator has become a mainstay in many traders’ toolkits. Utilising three moving averages to create the Alligator’s jaws, teeth, and lips, it provides deep insight into trends and potential reversals. This article breaks down the Alligator, offering three comprehensive strategies to leverage it effectively. Understanding the Bill...
Becoming the best price action trader in the world requires a combination of in-depth knowledge, experience, and a keen eye for market patterns. Price action trading focuses on the movement of security prices to make trading decisions, rather than relying on technical indicators. Here are several nuanced aspects to focus on in this video tutorial.
Price eventually comes back to an older price. Similar to a return to mean strategy. We will debug the strategy to understand the different sub-strategies data impact on the main strategy. Small PineScript doubts are welcome.
Richard Demille Wyckoff is a trader whose career coincided with the famous traders of the time: Jesse Livermore, Charles Dow and JP Morgan, W. Gann and others. All of these men are widely recognized for their terrific trading books. Wyckoff became famous for his insight, his trading method. Wyckoff has been involved with the financial markets since he was a...
Here's the next stream in our sequence of trading automation on shorter Timeframes.
Hello Everyone, Welcome back to "Thinking in Pine" short video series. In this session, we have discussed few special cases of time series variables and using historical operator within local scope. If you have not watched our previous video - "Thinking in Pine - Time Series" , request you to do that before continuing this video. 🎲 Summary of our today's...
I can discuss this chart with you for a longer period of time because there is so much learning in this chart, why this chart is important for a Trend follower, for a candlestick pattern (Bullish bearish Engulfing, Doji, Three Black Crow, etc.) and for a pattern lover( Channel, Wedge, Pennant, Triangle, Rectangle) because it has everything in the chart...
I. Introduction In the dynamic and often unpredictable world of trading, risk management is a cornerstone of success. Among the tools at a trader's disposal, the stop-loss order stands out as a critical mechanism for controlling losses and preserving capital. This guide delves into the nuances of stop-loss orders, aiming to equip traders with the knowledge and...
🔹 INTRODUCTION A prevalent saying in the trading world is that you need high volatility to make money in the markets. However, this statement needs to be more accurate. While high volatility is, in fact, necessary, it is very much based on perspective, and there are many cases where an extremely volatile market will be your downfall. 🔹 UNDERSTANDING THE...
Per request, someone asked to share my strategy and how / why I enter/exit trades. I decided to be specific and applicable to the current market sentiment and discuss how I trade “choppy markets”. My personal rules for trading choppy markets are: 1) No options, shares only 2) GTFI and GTFO ASAP 3) Only trade when there is a support or resistance respected...
Pleasure to have you here. This is an analysis done for the Tickr, and potential in the Technicals. In this Chart ,which has been slightly in uptrend. if you like the idea please like the post :) It will be a motivation to further such ideas. Disclaimer Note:- 1) This is just an analysis setup and no advice to trade/trade 2) If you are making position, please...
The Triad of Successful Trading: Strategies, Psychology, and Risk Management. Introduction: In the dynamic world of trading, achieving success is a multifaceted challenge that requires a comprehensive approach. While many enthusiasts focus primarily on trading strategies, it is crucial to recognize that a holistic approach, incorporating trading psychology and...
Welcome back to the second part of our Harmonics series. In this segment, we'll delve deeper into the world of harmonic trading by exploring the power of Multi-Timeframe Analysis. Understanding how different timeframes align and interact can significantly enhance the precision of harmonic trading strategies. Understanding Multi-Timeframe Analysis We...
In becoming a successful forex trader, understanding the impact of Black Swans in 2023 and beyond becomes crucial. Black Swan events, unpredictable and with significant repercussions, constantly reshape the financial landscape. This article delves into the essence of these phenomena, offering insights into their historical occurrences in forex and strategies to...
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