OANDA:GBPUSD
We got here a clear signal from the VVV strategy
The Rules played OUT as well
We got a confirmation from the VPSV area
Entering the red momentum
Destroyer Cross to the inside
Down the zero line we can follow up the chart
Higher price same volume thats also a WEAK divergence on the chart
Count the confirmations
Greetings, traders! Welcome to this short, 7-step strategy lesson.
Are you new to trading? Don't worry: we're dedicated toward providing the most high-quality, easy-to-understand, and straight-to-the-point investing education to the TradingView community. This strategy lesson is beginner-friendly (we have pictures!), as we've inserted helpful links into...
Hi Fellow Traders
The greatest tool in your arsenal is your Risk/ Reward rules when evaluating the potential expencency and outcome of each scenario. By using this to protect your account it may help you to survive long enough to be profitable.
Risk/ reward is quite simple. If I risk $1 on a trade, I need to make on average $1.50 to be profitable. In other words,...
Hello to all,
We all are trading with use this nice platform and each of us use a different strategy for trading.
I wonder that which one of the strategies is most used. Please write your preference as a comment.
Scalpers hold onto for a few seconds to a few minutes at the most. Their main objective is to grab very small amounts of pips as many times as they...
Holding periods are at record lows and people are whining about it. Time to talk a bit about who participates in the market.
1- Liquidity
**********************************
Something like half of the trading volume is done by specialists & HFT firms as well as a couple of scalpers which is a name for retail traders that hold for a few minutes to gracefully...
Broke the trend line, fine retest and sudden fall. In such cases of sudden fall which happens very rarely, booking profits at right support is very important and you can find the right targets too. Targets should be the closing of the previous days. You can book profit at the previous day's closing and enter again with smaller stop loss targeting previous days...
As you can see on this chart there were a couple of great breakouts, that went straight in the right direction.
We also know that trying to catch tops & bottoms is a noob trap, with all the really ungifted new traders that are 95% certain to fail & quit obssessed with catching bottoms (go check the Bitcoin bull community they have a new bottom every 3 months).
So...
David Schwartz has a quora profile, I am not 100% sure it is him but I think it is. This is where he made this quote.
He has been with ripple for 7 years I think? He has a long experience with markets and understands how euphoria exists.
Hard to believe he did not expect to profit from FOMO and sell his bags once ripple got big.
The entire founder team, they're...
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
We just took our first trading loss in two months on the GBPJPY short that we initiated a couple of days ago. I always welcome losses when they are controlled and within the confines or our trading system , which this GBPJPY short was.
Why is that?
Because I know that every loss is one trade closer to the next big win. And having a 81% success rate since the...
RULES: -----------------Auto-Trendline Strategy ------------------------
For LONGS:
1- 3 Green squares on the Trend meter (Oscillators)
2- Green Trend line price Break
3 - Price above 10 EMA
4- Watch for support/resistance Gap in between.
5- Open 1:1 Risk reward ratio Long based on the largest wick of last 8 candles.
For SHORTS:
1- 3 Red squares on...
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Van Tharp “When you understand what’s involved in winning, as do professional gamblers, you’ll tend to bet more during a winning streak and less during a losing streak. However, the average person does exactly the opposite: he or she bets more after a series of losses and less after a series of wins.”
Over the 18 years of...
I had this on my hard drive, I thought I would wipe the dust of it and write in in a clean manner in a post, helps me think more clearly.
I need, and everyone can benefit from (new intermediate advanced legend even), having all of this in their mind:
1) Advice that trading is 95% psychology ===> Throw it in trash container
Worse advice I have ever seen, or I...
This idea based on one of the simplest trading strategies in the world Trend-Reversal-Alerts-Strategy that I shared recently. Now I want to spread few words about how you should make it perform better with help of buy and sell resistance and I will show you the exact methods.
But first, if you still not sure how this strategy tester is actually work you should...
Hi Traders,
Please find below three basic trading strategy's that can be implemented to any market on a daily basis.
I have only given out basic information on the ratio's and Fibonacci's of the three strategy's, should you need anymore in depth information don't hesitate to contact me.
2618 Rules Of Engagement:
1. Double top
2. Break & close below...
