Once you understand liquidity, you understand how the market moves and where it might go next. Let me break it down simply (for beginners): Your objective, as a retail trader, is to know where the market is going to go. Once you know where it’s going, you can make money by taking a buy or a sell. So, how do you know where it’s going to go? One fundamental way...
Power of 3 at work on Gold producing a 8.6RR move on 30/06/2023 FOREXCOM:XAUUSD Ict power of 3 is a strategy that reveal the market maker algorithm model for price delivery. Power of 3 simply means there are 3 things market makers algorithm do with price in ever trading days. Those 3 things are; Accumulation, Manipulation and Distribution. AMD: A:...
Prepping a market and having a defined directional bias coming into a trading session, is the key for a winning day. In the video I talk through a Live Trading session we had with our group and the reasons why we were bias short. I talk through the areas our traders hit sell entries and Where and Why I was happy to enter the market short once my ideal Price...
Liquidity serves as the driving force behind all markets. The fundamental driver of any price shift involves the creation and aggregation of liquidity, with the objective of accumulating or distributing positions among market participants. Accumulating positions necessitates counter liquidity to fulfill orders and initiate positions in the desired volume....
In this video, I gave the full breakdown of how I could see and accurately predict Gold's bullish move before it happened. If you enjoy my content, drop a comment, boost this video, and make sure you follow me so you won't miss my future updates.
In this video I take a look at the psychology of a phase of Price Action that we traded in out Live Trading Room. I review the key price action that I am looking for to get involved in the action for a new momentum push up/down. Our aim in trading is always to enter a trade in the 'unknown' as traders start to realise they are on the wrong side of the...
Prepping a market for daytrading is an important part of my process and understanding and identifying the KEY LEVELS is the major part of that process. We have to build a Price Action picture of what may happen and what levels may be targeted so we will be ready for a trade. Understanding who (buyers or sellers) is getting caught off side and levels the market is...
In Decentralized Finance (DeFi), deciphering the wealth of new projects can be akin to navigating uncharted waters. However, amidst the chaos, fundamental analysis stands as a beacon, guiding investors and traders towards discerning the true value of DeFi assets. 1. Total Value Locked (TVL): TVL, the sum of funds nestled within a DeFi protocol, provides a...
I want to start periodically sharing my retrospective analysis of market leaders, that made triple digits gains during bull markets in different time-periods. The purpose of this analysis is to find commonalities in price patterns and behaviour among the best-performing stocks, that repeat themselves in each and every up-cycle throughout market history. That...
As you can see last months correlations between Yuan-Ruble pair with gold spot prices present good levels to take long and short positions to hold them for a month. To do this look at the bottom of the chart where are prices of commodities and pairs which play role in current geopolitics related to the said arbitrage opportunities. Look for big upside swings to...
HOW TO MANUALLY DRAW THE MASTER PATTERN CONCEPTS # STEP 1 - Identify the Contraction Phase The contraction phase consists of a tightening of price where there is a simultaneous lower high and higher low, this is where the supply and demand equalize in the market. This is a leading indication that volatility is coming next. You want to look for places where...
Support & Resistance (S&R) is one of the basic topics that we need to know in trading, whether trading forex, shares or cryptocurrency. Support & Resistance can show the upper and lower limits of price movement in a certain time. *) Resistance is the upper limit to limit prices from rising further. *) Support is the lower limit to limit prices from falling...
Hey guys! Hope you're having a blessed day, afternoon, evening wherever you are in the world! I just wanted to come on here and post this simple yet effective principle of having alignment with price across multiple timeframes when trading. This really helped me in my trading and I hope it does for you as well! I realize that I say "K" A LOT in this video so...
Support and resistance levels are like the heartbeat of the forex and gold markets, constantly pulsating with potential trading opportunities. But what happens when these vital levels flip roles? In this comprehensive guide, we'll explore the intriguing phenomenon of how support can morph into resistance and vice versa. Through real-world examples, you'll...
Hey Rich Friends, Today, I will explain how I use market orders when trading in the Forex Market. By taking advantage of this option, I am able to enter my trades with less anxiety and never experience FOMO when I have pending orders set hours and days in advance. Here are 5 Types of orders you should know: 1. Market Execution: Buying or Selling at the...
Hey guys! Hope you're doing amazing! Posting my first educational video here to help you guys with being able to identify what state of the trend the market is in; whether it be early, mid-trend, or at the end or a mature trend. I feel this can really help you with your ability to hold trades and your confidence and conviction when placing trades and placing your...
In the video I discuss the importance of 'Candle Wicks' in price action and how I use them to refine an entry. I like to use the 1 minute chart for my entries and have certain criteria to trade with the trend (which I discuss in the video). When trying to trade with the predominant trend up/down, I look to trade retracements. One thing I look for is wicks into...
Using a composite volume profile and setting the bars to significant lows in the last couple of years, you can see that the VPOCs (Volume Point of Control) are almost perfect. By using a hollow Composite Volume Profile in conjunction with a Solid Volume Profile, you can spot-check where low and high volume nodes are on different time-scale profiles. What does...