Today we're going to talk about orderblocks. Very simply, an orderblock is the support and resistance of big players. It is stronger and more important than what you draw on a chart expecting a price reaction by classical technical analysis. This works absolutely everywhere in cryptocurrency, forex, and the stock market. I have deduced for myself 5 rules of...
Intro So called "value" or fair price is like limits in math, can be infinitely approached but never reached. We can model it, anticipate it, imagine it , but it doesn't make it real. In double/dual auctions fair price is an idea. We can surely say that some prices are too cheap and too expensive, these are real levels that can proved with evidence. The only...
Hello traders - In this example, we will explain how to choose a high probability OB for your entry. And what you need to pay attention to. - If you want to choose a good OB, you must read every detail on the chart and take into account everything you see so that you can determine whether your OB is the high probability or not. - One of the most important...
Support and resistance zones are areas on a stock chart where the price tends to find support or resistance, respectively. These areas can be identified by looking for price spikes, or "excesses," which occur when there is a sudden increase in the number of buyers or sellers in the market. Support zones are areas where the price has historically found support,...
The interest rate decision issued by the US Federal Reserve🇺🇸 Clarification The Federal Open Market Committee meets eight times each year to set the short-term interest rate. After the meeting, the Bank publishes a statement containing the decision on the interest rate, a brief commentary on the economic conditions that influenced their decision, and, most...
Horizontal Volume Indicator or Volume Profile is a simple indicator that helps to identify: value areas (support or resistance zones) and liquidity gaps. In this idea I will explain how to use the indicator and mark these areas to make trades and why it works. Let's start at the beginning. 💹What are value areas (support and resistance zones)? 🔶The value...
🔥 Hi friends! Point of control is a part of volume profile indicator and very useful tool to identify upcoming BTC or any other asset move. I will explain you how to use this tool in your trading and make a good profit in this idea. 💹 Horizontal Volume Indicator or Volume Profile is a simple indicator that helps to identify: value areas (support or resistance...
-kangaroo tail is a reversal signal. -The open & close of the candlestick should be in the bottom/top third of the candlestick. -As a naked trader, you want to look for trade opportunities on zones. A kangaroo tail is a valuable clue, a particularly valuable clue when it occurs on a zone. -It is important for the open and close of the kangaroo tail to be...
The first step of the last-kiss trade is to identify the consolidation zone. One way to visualize a consolidation zone is to draw a box on the chart. This box will contain the choppy movements of the directionless market. This box should encompass the market movement during the choppy, drifting-market phase. It should be obvious that the market is stuck between...
Hello guys! Take a look at how smoothly the market respects the Golden Zone on Fibonacci retracement levels. The Golden Zone or Golden Ratio is the area between 50% and 61.8% on retracement levels, which acts as a strong support zone. After an impulse, on the correction the price usually gets rejected by this zone and it continues its previous trend. However, if...
Disclaimer All TRADING involves high risk and YOU can LOSE a substantial amount of money, no matter what method you use. All trading involves high risk; past performance is not necessarily indicative of future results. For Educational Use Only – Not To Be Utilized As Trading Advice Strategy ----------- SPXU is inversely correlated to the SPX. Trade SPXU...
A few key concepts when using Market Profile in your trading: 1) Point of Control (POC) acts as price magnets, as they represent the price level where most time was spent during a trading day. Price tends to gravitate towards them. 2) Naked (Not visited) POC acts as stronger magnets than visited POCs. 3) When price enters / breaks into a Value Area, which...
How Beat Retailers. Mostly Retailers Trap with SMC Traders. Please Carefully all education is good for you and beneficial for you. if you want to Trap Retailers then you can learn SMC Trade Setup.
Good time of the day, friends! Rushing into trades is definitely among the top #3 common mistakes done by relatively newer market participants who we would call early sellers in this context. The chart/infographic above is pretty self explanatory, but let’s still cover some aspects of it by considering a following scenario: Market was moving sideways the whole...
CPI Consumer Price Index The consumer price index determines the rate of inflation ( the rate of change in prices ) from the point of view of consumers when they buy goods and services. An uptrend has a positive effect on the USD. The Consumer Price Index is one of the most watched indicators by currency traders and is considered a key indicator for...
survive as long as uh can YOU NEED MONEY TO MAKE MONEY Sorry to burst your bubble, but you need money to make money in this business. Here’s why. Let’s say you make an average of 20%/year. • On a $1,000 account, you’ll make $200/year. • On a $100,000 account, you’ll make $20,000/year. • On a $1M account, you’ll make $200,000/year. Now, you might think that 20%...
A successful trading strategy starts with sound stock selection criteria. Our JS-TechTrading strategy combines the timeless and success proven principles of Mark Minervini's SEPA (R) analysis and William O'Neils' CAN-SLIM (R) methodology. This tutorial describes the CAN-SLIM (R) methodology in detail: CAN-SLIM refers to the acronym developed by the American...
Today I posted a GBPUSD idea and it was my first Idea posted that hit my stop loss first before I was able to secure profit. All of my ideas dating back to may are hit the target almost every time. If it doesn't, it will usually hit a couple take profit levels that I will have prepared, Or it may not hit the entrance yet the idea is there and price goes to the...