Funniest thing always happens in a bear market;
You get influencer guru wannabe gigachads acting like they're OJ Simpsons lawyer trying to argue a case they know is wrong.
If the glove fits, right?
When the ships sinking peeps turn into three people;
(1) They admit they were wrong, reassess and act accordingly (2) They deny their lying eyes and continue to...
True story:
Yesterday I was having a cigar perched under an umbrella in the rain - not ideal, but peaceful nonetheless. And out pops a family of birds to feast on the worms that rise to the surface in need of some high quality H2O - little did I know, this would become one of my favourite trading metaphors of all time!
The Rain = Despair/Panic
The Birds =...
Support and resistance in price action trading refer to specific price levels where a financial instrument is more likely to turn around and change its trend. These levels are established by observing the price movement of the financial instrument over time and can be identified through price patterns, chart analysis, and technical indicators.
Support levels...
Hello traders 📊
On this picture here you can see 3 types of breakouts. On the left side you can see breakout examples in an downtrend and on the right side, you can see examples in an uptrend.
Breakouts occur when price breaks a certain zone (support or resistance) and in many cases breakouts represent very important moment. This is usually good time to look for...
Hey traders,
Breakout trading is one of the most popular trading strategies.
Being quite simple in theory, it remains quite complex and complicated in practice.
In this post, we will discuss 7 steps every breakout trader must follow.
💬And just in brief about a breakout trading itself:
this method aims to spot a key level (it might be horizontal...
Definition;
"A rude and unscrupulous person".
Many-o-moons ago I used to believe trading was a team sport (I know, how naive of me) but that's because I joined some supply and demand community where we all traded the same strategy.
These days I'm more of a Snollygoster.
I can't help it.
When I see other traders, I see them as competition - even those I...
Despair and Hope, two sides of the same coin and the two emotions that rule your decision making.
In my 10+ years of trading experience, I'm not sure it's even possible to not feel or be aware of them in some way - what I'm saying is, I don't know if you can get rid of them entirely from your trading.
It may just be a constant (and natural) part of being a...
Hello traders. Having a trading plan is very important and you should always have a plan before you enter a trade. Here I explained 4 types of possible entries when breakout occurs.
You can see here example of a consolidation between support and resistance zones. Strong breakout occurs, and what to do now? Should we sell immediately after breakout? Maybe, but its...
If you are studying a price action, you should definitely know Cup and Handle formation.
Being applied properly, it can generate big profits.
In this educational article, I will teach you how to identify this pattern. We will discuss its psychology and I will share with you 2 trading strategies.
📏And let's start with the structure of the pattern.
The pattern...
Hi there,
When it comes to trading groups, there are both potential benefits and considerations to keep in mind. Joining a trading group can be a valuable opportunity for traders seeking fresh perspectives and innovative ideas to enhance their understanding of the market.
Benefits of trading groups include exposure to diverse concepts and techniques that can...
Welcome, fellow traders, to this exciting tutorial where we dive deep into the world of supply and demand analysis using the powerful Supply and Demand Deluxe indicator that I launched this morning. Prepare yourself for an enjoyable learning experience as we unravel the mysteries of supply and demand levels across various timeframes. So, grab your favorite...
This right here is my favorite type of entry where you can basically see a nice bottom and re-test from the pullback before so in my eyes coming back down to this price too fill in the gaps is a MUST PAY ATTENTION type of trade... too me this is a continuation of price action. NOW! don't just get to your desired price and throw a market order in just because it's...
Hey traders,
🔝Top-Down analysis is one of the most efficient ways to analyze & trade different financial markets. In this post, we will discuss the time frames to watch and the main steps to go through to execute a Top-Down trading strategy properly.
Being a Top-Down trader your task is to assess the global market perspective and identify the zones, the areas...
Ahoy, fellow traders! So you’re itching to become the Captain Jack Sparrow of trading, eh? Before you swashbuckle through the stock market, you need a treasure map. Enter the Initial Balance trading strategy! This nifty tool can be the compass guiding you through stormy market seas. But hold your horses, we’re not talking about a literal balance here; it's more...
Price action technical analysis is a popular and effective approach to navigating the financial markets, including stocks, options, futures, Forex, Crypto, and Commodity trading. This article will provide expert tips and insights to help you successfully trade various financial instruments using price action technical analysis. By understanding and applying these...
The cup and handle pattern is a continuation chart pattern that looks like cup and handle with a defined resistance level at the top of the cup.
It forms from a strong drive up that pulled back and consolidated over a period of time creating the cup before making another push to the resistance where it pulls back again but not as far creating the handle and...
Bitcoin (BTC) price is up 2%, with the rest of the crypto market flashing green in what can easily be assumed to be a weekend rally. However, the capital inflow comes after US President Joe Biden and Republican Kevin McCarthy reached the "agreement in principle" to raise the federal government's multi-trillion dollar debt ceiling.
Bitcoin capital inflow as US...
My super simple 1m chart hyper scalping strategy that has been killing it for the last couple of weeks .. enjoy.
Whats up gold gang .. thought id hop on here with a tutorial on how i trade my key levels on the 1 min chart.
Firstly, this is a no bias strategy .. so we can take buys or sells depending how price reacts at the levels. High volume is a must here so...
