Watch this clip to see how I backtest in the markets. You can never back test too much. Back testing allows you to refine new found concepts in order to be able to use them in the live markets.
Watch this short clip for my top 5 pairs beginner should look to trade starting out and even as you advance in your career. Emjoy!!!
The rule of 30 is a concept that allows you to find the timeframe you should use for confirmations on your trades. Keep in mind that this gives you an idea of the timeframe range you should be looking in and not an end all be all timeframe for that trade.
Every trader want to catch the pumps because only in this situation you can get the highest RR. In this educational idea we will talk about pattern which help you to identify upcoming pumps. It`s a base pattern. "Base" is consolidation pattern which is forming at the market bottom and a part of famous cup and handle pattern. "Base" is acually a copy of cup and ...
This chart shows the common stop-loss touch and bounce pattern. And this happened because I was liquidity. The stop-loss was set at an "obvious" invalidation level, the previous supply level ($20,800). So, right below it, there was heavy bidding. The stop-loss hunters will place their bids just slightly below presumed ask levels.
hello guys what do you add to above items? DO YOU AGREE OR NOT? do you becaome professional trader?
This is usually on a range chart when I use them so I hope I converted them over alright. This gives you a Market Makers view of the market. Usually I would invert the scales like the top indicator is. Does it look familiar to anyone? Just wondering ho many use things like this. Personally I find Realtime volume footprint chats to be fascinating. Also this...
Here on NZDUSD, supply and demand indicator has made two demand zones. Price picked buy entry from those demand zones resulting in profitable trades.
First look for the higher timeframe trend is the price making higher highs and higher lows? (For bullish market) or lower highs and lower lows? (For bearish market) bullish or bearish, then go to the lower timeframe and see if the lower timeframe trend matches the higher timeframe trend. After that mark your supply and demand zones, and point of interest(POI). If...
When the price changes its direction from making LH and LL to HH and HL is called CHOCH(Change of character or change of structure). Please hit like👍 and follow. Thanks.
BINANCE:CRVUSDTPERP Hello guys these are some of the trading terms/concepts I apply when trading; 1. BOS : Break of Structure - when price continues to break previous structure and at the same time continues the current trend. A line drawn from recent structure to the current breakout denotes the BOS. 2. CHoCH : Change of Character - when price changes its...
Press the "like"👍 button if you find yourself at this charts. Hi friends! Today i`ll give you 5 simple advice how to improve your trading results if you are beginner. But first of all we have to identify who you are in trading. 📊Who is a gambler? A gambler is a person in the financial markets who: 1️⃣ does not control his/her risks and can use leverage without...
Hi friends! No, the best place is not BTC`s ATH but why a lot of hype around it exactly there? In this idea i will explain you where it`s better participate in ICO, IEO to get the profit during the bull run. Fewer of the most experienced make money in the market, and the majority always lose in the end. A common example is Doge millionaires who lose their money...
Hi Traders. As usual, just some of my trade recap today, net off a positive 1.8R, extremely grateful for that. I believe this is one of the best way to boost most of your trading performance, is by watching me explain step by step, what's my thought process on each of the decision I make on a daily basis. If you enjoy the content, make sure you follow my...
Some experts use such rules as hiking rate = bear market and falling rate = bull market but if we compare the fed rate with the BTC price we can see that the price is not always follow this rule. Trully say in most cases it don`t. Let's dive deeper into it! ______________ 📊THE BULL MARKETS: 1️⃣ 2015-2017 – the rate is growing. 2️⃣ 2018-2019 - the rate isn`t...
Waiting for a retest is necessary when we talk about patterns. As you can see in this scenario, the price tried to break the pattern, but it just created fake-outs. Waiting for a retest will save you many stop losses!
Hey Traders and Happy Monday! In todays post on our Tradingview channel talk about the importance of the 3 main levels we focus on, which are, VWAP Daily high Daily low Based on what happens at these levels we usually take big action! The video explains more. Enjoy and see you tomorrow! #support #resistance #keylevel
NYMEX:CL1! made a high but it failed to sustain at that level. Supply-demand imbalance was created and massive supply influx caused the price to fall down. That created a supply zone. Let's talk about how to trade this. Find Demand/Supply Imbalance Zone in Higher time frame. Mark the supply zone and Set a price alert just below supply zone to know when the...