Introduction
Swing trading is a strategy that traders use to capitalize on the "swing" or change in the prices of stocks. It involves holding a stock for a period ranging from a few days to several weeks to profit from price changes or 'swings'. A critical aspect of swing trading is identifying the perfect buy point (PBP), which is the most opportune moment to...
In this article, we delve into the intricacies of the Springboard Effect of Fibonacci Retracements , drawing parallels between the trading world and the physics of a springboard.
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The Springboard Analogy:
Imagine a scenario with four different springboards, each with varying degrees of...
As traders, we all know the market can be unpredictable, but by understanding and utilising pullback trading strategies, we can take advantage of temporary price reversals to enter positions at more favourable prices. In this article, we’ll dive into the world of pullback trading, explain the concept of mean reversion, and look at how to use tools like the moving...
Top Pullback Trading Strategies
In this article, we will be discussing some of the most effective pullback trading strategies that can assist forex traders in identifying ideal entry points that align with the current trend. These strategies enable traders to take advantage of short-term price retracements, allowing them to navigate the volatile currency market...
In this lesson, I shared with you the types of pullbacks
Be careful, pullbacks are breaks in the middle of the trend
Poolbacks do not have the strength of main steps
In my opinion, the best type of trading with pullbacks is to recognize the completion of these corrections patterns so that we can move in the direction of the trend at the right point.
Of course, it...
Hello, dear subscribers!
The market volatility measurement is a very important for the trading strategies constructing. One of the most appropriate and effective way to do it is to use the Average True Range (ATR) indicator.
How to calculate ATR?
First of all we should receive True Range value and calculate it's moving average on 14 periods. The True Range is...
(Note for professional Traders: If you have some experience on this strategy or
if you feel like something is missing, please comment, so everyone can benefit from it :) Thanks in advance!)
Hi Traders!
Have you ever been in this situation:
The market is clearly in an Uptrend.
Big, Green Candles moving up.
Making higher highs and lows.
Breaking all the major...
Trading Pullbacks with Keltner Channel
Trading pullbacks successfully can only be done in the presence of a strong trend. Using the Keltner channel indicator we can study how the price behaves around the upper and lower envelopes to gauge the strength of the trend.
As you already learned when the price hugs one of the two bands and crawls along with the band, we...
TRADING PULLBACK RULES
1 - Find Daily uptrend with HH's & HL's.
2 - Switch to the 1h Time Frame
and Wait for a Pullback
against the Uptrend.
3 - Place Fib between last swing
high and low levels,
prior to the pullback.
4 - Buy Anywhere Between 50% and 61.8% Fib.
5 - Place Stop Loss below Swing Low.
6- Take Profit at break above the
...
1D ASCENDING TRIANGLE BULLISH BREAKOUT.
Wait for a Daily Candle Close above triangle.
1H PULLBACK TRENDLINE BEARISH CONTINUATION BREAKOUT.
Wait for a 1H Candle Close below Pullback Trend line.
Or wait for a Bearish Continuation Break-Hook-Go candle pattern.
Today we had a nice push down in the GBP pairs which set-up an MA trade on this pair. Although this was not the last to reach the MA, price pulled back to the MA as opposed to the MA coming to price. Those who trade the Gold Method Ichimoku and have been in the training, know exactly what I am talking about. GA is also my favorite pair.
Everybody in the training...
Trading Pullbacks with Keltner Channel
Trading pullbacks successfully can only be done in the presence of a strong trend. Using the Keltner channel indicator we can study how the price behaves around the upper and lower envelopes to gauge the strength of the trend.
As you already learned when the price hugs one of the two bands and crawls along the band, we have a...
One of the most common asked questions.
When price is creating higher high or when the resistance level is broken, what can I do? when and where should I enter?
The answer is very simple
Breakout (structure broken) > WAIT for pull back (to structure level) > BUY
As we can see from the chart on the left, when there's a breakout (structure broken / new high is...
As long as price stays above the 50 ema there is a bullish trend. Pull backs to the 50 ema are entry points. Tight SL under 50 ema. How would you make re-entry trades on this bullish trend for the BTCJPY. Leave a comment below about your trade idea.
