Bullish Market Structure: Bullish Vibes! It's all about making Higher Highs and Higher Lows. When you spot this pattern, you're riding the wave of optimism in the market, and it's your chance to seize the moment and soar with the bulls. Consolidation Market Structure: Consolidation Market Structure is all about lateral movement, where the market forms Equal...
this is a full on vid explaining how to spot and mark (HH)(HL)(LL)(LH) which they come to be a key part in setting directions on the chart and to know where will the trend go be sure to follow me for more of this content
WHAT IS BOS ? BOS - break of strucuture. I will use market structure bullish or bearish to understand if the institutions are buying or selling a financial asset. To spot a bullish / bearish market structure we should see a higher highs and higher lows and viceversa, to spot the continuation of the bullish market structure we should see bullish price action...
From the experience I have in trading I have identified 3 pillars on which my success is based. I can't say that one is less important than another, so I try to combine all of them: 1) Psychology - is one of the most difficult aspects to master, which requires a lot of theoretical and practical knowledge, so I recommend first of all to study yourself, after you...
This is the US Inflation Rate (YoY) from 1914 until 2022. Symbol is called USIRYY and it measures the Inflation Volatility in the United States. With the War going on in Ukraine, and Russia trying to force its way through, I took the liberty of looking into the following: - How Global Wars Affect Inflation - How US Inflation Reacts to External Wars - How Wars...
Hey traders, One month ago I wrote an article about the importance of a trading plan. Now it is time to discuss what should be inside your trading plan. Before we start let me note that a trading plan is a very personal thing and depending on your personality you may have some other elements. In this article, we discuss key elements that must be in every...
This is actually an exercise in spotting the different kinds of days from Chapter 1 of Secrets of a Pivot Boss. Feel free to IM me if you disagree with any of my reads on the days. I think the idea might match a chart better where it doesn't show the globex session, so I will add another chart for SPY which only trades during cash market.
Voodoo levels tip: When low volatility is expected (like over the weekend), price on an intraday basis will most likely range between DH1 and DL1 levels. Exceptions can always happen. But expecting low volatility and mean reversion at the CME open on Sunday is something I continue to bet on. Enjoy your weekend!
I've added a new function to my strategy that allows simulating the strategy's performance while gradually increasing the capital used each month, thus simulating both savings and investment simultaneously Backtest of my strategy docs.google.com
Types of Channel Pattern In this educational post, we won't take a trading position, but rather equip you with valuable insights. Today, we delve into the world of channel chart patterns. Channels come in two primary forms: bullish and bearish. Understanding these patterns is essential. A bullish channel appears as a descending pattern, resembling a falling...
Want to know what it really done?
This percent crash maybe linked to the Fed Rate FRED:FEDFUNDS When the Dow Jones TVC:DJI crashes the price of Gold COMEX:GC1! goes up. The parabolic system is the key. Watch this video to learn more about this system. Take note around 22nd November, 2023 of the Fed Rate Interest Rate Decision. Index funds are a good alternative to Gold. Notice the...
Developing a Forex Trading Plan A well-structured trading plan is the cornerstone of successful Forex trading. It provides a roadmap for your trading journey, ensuring you have a clear strategy, risk management rules, and the discipline to follow them. In this article, we'll outline the key steps to develop an effective Forex trading plan. 1. Define Your...
Hey, traders! The market is bullish now and let's talk about how we can improve our results in all cycles of the market. There are several factors that can enhance your trading results: your system, psychology, risk management, hobbies, the right environment, and healthy habits. Working on these variables will undoubtedly bring you closer to your trading...
Start with naked chart. ID the trend. Identify the highs and lows. Go back as far as it takes to see where the trend started. ID 1 Wick Candle. (INDUSTRY/INSTITUTION CANDLE) Consolidation means market wants to turn around. Too choppy. On a strong trending market, Always trade with the trend.
Volatility can seem like a scary concept at first glance: wild price swings, stop-outs, and general unpredictability. However, there are volatility technical indicators that can help. This article covers five essential volatility indicators, discussing how they work and how they’re used to gauge market conditions. What Is Volatility? Volatility represents the...
Trading 101 candlestick style: I use a simple trading style that profits. " No indicators at all method ." The work of candlesticks does the rest. Count 10 candlesticks and see if it is a buy or sell. Then count the buy and sell candlesticks. Count from very first candle to 10. If there are more buy, then place a buy. Now count the sell candles ...
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