Main price pattern of financial instruments So, when we talk about the price of financial stuff, like stocks or crypto, it often moves in specific ranges over different timeframes, right? Whether it's weekly, daily, hourly, or even minute charts, prices tend to hang out in these ranges for a while. Traders call this kind of price movement "consolidation,"...
Trend trading strategies play a vital role in every trader’s life because it helps them identify early trades to exit from the market when there is a reverse trend. Typically, there are three different types of trends given below: 1. Uptrend 2. Downtrend 3. Sideways trend Uptrend An uptrend is formed when a price is rising in value. Usually, a bullish trend...
I use multi time frame analysis very heavily. I always establish context for trading before I start the day. For context and levels, please check the following posts prior to July 8 *** Links Below I am always fascinated by day trading - not because of the lure of quick money. But I think it is extremely hard for me. At least it is hard for my personality. It is...
Trend is the direction of the market. In other words, it is the direction of peaks and troughs that constitutes market trend as the market generally move in successive waves (zigzags) with fairly obvious peaks and troughs. The market moves in three directions: 1. Upward trend or uptrend (bullish) – Series of successively higher peaks and troughs – “go long” 2....
HOW-TO GRID TRADE: How-to Find A Profitable Grid Using The "Grid Range Finder" Indicator. WHAT TO LOOK FOR... The best GRIDS are placed in sideways channels, consolidation areas, ranging markets and slowly upward trend areas. In seeking a place to start your next grid, you should seek out support areas, preferably during a sideways or upwardly trending...
HOW-TO GRID TRADE (Tutorial #2): How a Crypto Trading Bot Automates Your Trades +PLUS+ Quick Set-Up Tips OK - TUTORIAL #2 - LET'S UNDERSTAND WHAT WE'RE DOING Automation via a trading bot will help you execute your grid trading strategy. (The bot I recommend is linked below and connects to your choice of 25+ various exchanges. My instructions are...
HOW-TO GRID TRADE: HIGH PROFITS - LOW RISKS - TONS OF FUN. Trade While You Sleep Let’s be honest, trading is risky, especially trading crypto. We all know it’s just matter of figuring out if market prices are going up or going down, but isn’t it funny how the market seems determined to go in the exact opposite way you pick? Especially when you have...
As I am bored to near death, I just look at random stuff from time to time, and let me post about trading rule #1. You could call that a motivational post I suppose. PRESERVE CAPITAL. And do you know what trading rule number 2 is? Re-read rule number 1. Sure maybe the ranges can be traded but unless you are 100% sure and a strategy that worked over and over and...