In the labor market, indicators such as the recent jobs report - which showed that fewer Americans are being hired - can be interpreted as bad news. It could mean that it will be more difficult for unemployed Americans to find work.
In terms of inflation, the good news for average Americans is lower prices. So if economists' predictions are correct - that CPI...
Jesse Livermore, arguably the best trader to ever live dropped knowledge in almost every sentance he uttered.
So as a gift from me to you...
Here are FIVE quotes that got my Ninja senses tingling today.
Follow, like and comment.
Let's go!
Jesse Livermore: "The stock market is filled with individuals who know the price of everything, but the value of...
o read a chart effectively, follow these steps:
Choose a Timeframe: Select the timeframe that suits your trading or analysis goals. Common timeframes include minutes (e.g., 5 minutes, 15 minutes), hours (e.g., 1 hour, 4 hours), days (e.g., 1 day, 1 week), or months (e.g., 1 month, 3 months).
Understand Candlesticks: Candlesticks represent price movements within...
Support and resistance levels are fundamental aspects of trading, holding significant importance in various financial markets, including the dynamic forex market. These critical levels signify specific price zones on a chart where buyers and sellers actively participate, exerting influence on market movements. Consequently, comprehending the impact of support and...
The term "Judas Swing" is a trading concept coined by ICT (Inner Circle Trader) that refers to a price movement that traps traders in a false breakout before reversing direction. The name is derived from the biblical figure Judas Iscariot, who betrayed Jesus with a kiss.
In the context of trading, a Judas Swing occurs when price briefly breaks out of a key...
Position trading is a time-tested approach to the financial markets, allowing traders to profit from long-term trends. In this article, we’ll explore the top four strategies for positional trading, discuss the features of successful position traders, and briefly examine three essential indicators that can help with your position trading journey.
What Is Position...
Hello, everyone!
One of the strategies which I use in my trading routine is FibDiv strategy. This strategy differs from other based on Fibonacci retracement, but in my opinion has higher win rate and clear rules to enter and exit trades. To apply this strategy follow the steps below.
1️⃣FIBONACCI RETRACEMENT SETTINGS
Firstly you should set the additional...
We had successful trades with the NASDAQ and the DAX. Let's look back at the past trading week and learn from it. What went well? What could be better?
This is an experiment. Educational content to become a good waver. If you like this video, please let me know by commenting. Any suggestions? Please let me know.
Something went wrong with the recording for the...
Introduction
When analyzing financial charts, traders and investors often encounter resistance and support levels. These levels represent price points at which a financial instrument has historically faced obstacles in moving higher (resistance) or lower (support). Understanding the formation of these levels can provide valuable insights into market dynamics and...
Hey traders,
Being breakout traders we have two options for trade entries:
when the breakout is confirmed, we can either open a trading position aggressively once the candle closes above/below the structure, or we can be conservative and wait for a retest of the broken structure first.
What is peculiar about the second option is the fact that the majority of pro...
Here is cross-sectioned candlestick shadow and quantified amplitude of the shadow. The indicator marked with a horizontal ray identifies the "strength," or "intent," of the continuation tweezer pattern. Unfortunately, a trader should wait to put a bearish resistance under the tweezer support swing.
Are you looking for a way to take advantage of short-term market movements without the stress of day trading? Look no further than swing trading. In this article, we’ll dive deep into the world of swing trading, exploring how it differs from day trading, discussing its advantages and disadvantages, and taking a look at some of the most popular swing trading tools...
1. Go to the 1D time frame
2. Open chart drop down menu and select Point and Figure*
*Point & Figure below the 1D time frame is ONLY available to TradingView members that are subscribed to the Pro plan and above
3. Click on the SETTINGS wheel on the P2P INDi
4. Locate the DEFAULTS drop-down menu and select RESET SETTINGS
5. Click the INPUT tab
5....
Price reversed beautifully from the sell entry level we forecasted at 0.8988 and has reached the take profit target of 0.8908. The important lesson here is to place your take profit before a key level (vs right at the key level). As you can see in this video, price touched the TP level and took off in the other direction - just missing this crucial bit of...
As a martial arts enthusiast I found myself reading (again) my favourite book of all time, "The Book of Five Rings" by Miyamoto Musashi.
TLDR;
A 16th Century Samurai who had 64 duels to the death, never lost and wrote down all his techniques, thoughts and insights shortly before he died atop Mount Iwato.
Yeah I know, crazy, but true.
Anyway, I found myself...
💰10000LADYSUSDT | LONG TRADE
#1 - H8 FLAT BACK BULLISH HEIKIN ASHI ( At the Sweet Spot )
MONTHLY / DAILY / H12 / H8 / H4 BULLISH - UPTREND - Long bias
#2 - Jumped onto the LTF M5 CHART and entered my LONG when price was below the value line in combination with the TDI shark fin entry.
If price is confirmed on a bullish uptrend on the Higher time frame, then we...
Hi
Traders approach the market in various ways, each with a unique perspective dependent on their own viewpoint. Among the many strategies, each has its strengths and drawbacks. Some strategies, like the three drives or dragon pattern trading, are not as widely mentioned or popular.
However, one strategy worth mentioning is the smart money concept strategy. This...
PRIMARY CHART: S&P 500 (SPX) with VIX/VIX3M ratio in subgraph on a weekly time frame
Tricks for Reading the VIX Part I
SquishTrade's original 2022 article on VIX entitled "Tricks for Reading the VIX" covered the basic concepts of the CBOE's Volatility Index (VIX) to aid in understanding and interpreting VIX and its behavior relative to the S&P 500 ( SP:SPX )....
![GBPZAR: ✨ P2P INDi [PRO] ✨ TUTORIAL ✨](https://s3.tradingview.com/c/CPaFdwYk_mid.png "✨ P2P INDi [PRO] ✨ TUTORIAL ✨")
