📍The accumulation stage in trading refers to a period when market participants are accumulating a particular asset, typically with the expectation of a future price increase. During this phase, the price of the asset tends to range between two significant levels known as support and resistance. Traders closely observe these price levels as they provide valuable...
In a perfect world, every trade would go our way, but alas this is usually not the case. A stop loss is a risk management tool used by traders and investors to minimize their losses when trading. It is a predetermined price level at which a trader's position will automatically exit the market, causing the loss to be realized. Stop losses are crucial to any trading...
Whats up gold gang! .. thought id drop in to show you how i enter my trades when they enter my zones. I set alerts here on trading view, then when price is approaching my zone, i get to the computer and lock in
Im looking for a clean break into the zone with a strong candle on the 15/30/1h
That candle must close
Next candle to open and do a small pull back to...
Greetings, @TradingView community!
When it comes to analyzing market trends, there's a technique that takes trend theory to the next level: price channels.
This is @Vestinda, bringing you a helpful article on the topic of the price channels, also known as trend channels, offer an exciting way to identify optimal buying and selling opportunities in the...
Hey there, Stock Justice here. Today, I walked you through using the Dual Dynamic Fibonacci Retracement Levels Indicator on TradingView. This powerful tool calculates pivot points and determines Fibonacci retracement levels based on your position in the market. I explored every input, from lookback periods to toggling extra levels, to shifting and extending lines....
In this comprehensive tutorial, Stock Justice offers an insightful walkthrough of the enhanced Supply and Demand Indicator. We delve into the tool's advanced features, demonstrating its capacity to identify pivot points across multiple timeframes, its customization options, and ways to interpret its outputs. The video provides valuable guidance on how to navigate...
THE BASICS:
Here is a close up of the Ichimoku Kinkō Hyō indicator:
Many people do not know that the Ichimoku Kinkō Hyō cloud system has its own Number, Wave, Target Price and Timespan Theories. After years of study, the numbers that Goichi Hosoda choose for his system are 9, 17, 26 as the basic numbers with 33, 42, 65, 76, 129 and 200~257. These numbers are...
📍Support and Resistance 101
Support and resistance are two foundational concepts in technical analysis. Understanding what these terms mean and their practical application is essential to correctly reading price charts. Prices move because of supply and demand. When demand is greater than supply, prices rise. When supply is greater than demand, prices fall....
Hey traders,
There are multiple different ways to measure the strength of the market reversal from a key level:
✔️some traders apply volumes and look for its sudden spike as a confirmation,
✔️some traders rely on some indicators and look for a particular trigger there as the signal,
✔️some traders, like me, follow the candlesticks and make their judgments...
This is one of the multi-chart evolving dashboards I use daily for crypto trading. This dashboard attempts to distill a broad scope of data and sentiment into glance value charts. The goal with such dashboards is to seek to stack probabilities to be on the right side of the percentages in every trade.
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The top panel chart shows the SOPR (Spent Output...
Good afternoon gold gang, hope you're having a good weekend.
I thought id hop on to share with you a piece of information of what i mean by clean range. Ok ..
Say you have 2 key levels in price .. we have had a big news event causing a big red candle to the left hand side. This has left what is called an imbalance. An imbalance is where the wicks of the...
First Republic Bank's (FRC) market value plunged below HKEX:1 billion for the first time ever on Wednesday after a report said the U.S. government was unwilling to intervene in the rescue process, hammering the lender's stock.
After a brutal selloff, the bank's market capitalization was about FWB:886 million at its lowest on Wednesday, a far cry from its peak...
Relative Strength Index (RSI) is a popular technical indicator used by traders to identify overbought and oversold market conditions. It oscillates between 0 and 100, with readings above 70 indicating an overbought market and readings below 30 indicating an oversold market. Trading using the tops and bottoms of RSI is a popular strategy that involves identifying...
Hello dear @TradingView community!
Have you ever heard of the concept of "support and resistance" in trading? It's actually one of the most widely used concepts in trading! However, it's interesting to note that everyone seems to have their own idea of how to measure support and resistance.
So, let's go back to basics. Imagine a zigzag pattern that's moving up...
Trading and Price Action can be broken down into tow simple terms...a 'range bound' market and a 'trend' market. Being able to identify the price action early is key to successful daytrading.
In the video I discuss how I like to daytrade Indexes and especially how I look to identify a RANGE or a TREND market. As there really is only TWO WAYs to trade....ie/...
If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Well they are not mine, just some techs
I use when dealing with impulses.
A bit of KCT.
A bit of Elliott wave and Elliot wave
All consistently used in my analysis.
If helpful, throw me some love and
I'll post some techs on channeling...
Recently, I was asked to write an article about the differences between two popular technical indicators, the Relative Strength Index (RSI) and the Stochastic Oscillator. As someone who has utilized both indicators in my trading journey, I was excited to share my insights and help others better understand these powerful tools. In this article, we will delve into...
Primary Chart: Tips to Help Demystify the RSI
Introduction to Momentum Indicators
Many indicators exist for technical analysis. And a number of them focus on momentum, which is distinguishable from other core technical concepts such as trend, support and resistance, volatility, and standard deviation. Momentum tools measure the velocity of a directional...
