In the today's post, we will discuss 3 types of analysis of a financial market. 🛠1 - Technical Analysis Technical analysis focuses on price action, key levels, technical indicators and technical tools for the assessment of a market sentiment. Pure technician thoroughly believes that the price chart reflects all the news, all the actions of big and small...
Types of Channel Pattern In this educational post, we won't take a trading position, but rather equip you with valuable insights. Today, we delve into the world of channel chart patterns. Channels come in two primary forms: bullish and bearish. Understanding these patterns is essential. A bullish channel appears as a descending pattern, resembling a falling...
In the world of technical analysis, patterns often provide valuable insights into potential market movements. One such pattern, the bearish flag, is a vital tool for traders seeking to identify and capitalize on bearish trends. In this comprehensive guide, we'll explore the bearish flag pattern, uncovering its characteristics, formation, and implications. With...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Today we are going to go over a practical example on #GOLD , but you can apply the same logic / strategy on any instrument. Feel free to ask questions or request any instrument for the next episode. 📚 Always remember to follow your trading plan when it comes to entry, risk...
Candlestick patterns are a trader's secret language, revealing potential market movements and trends. Among the multitude of candlestick formations, six key patterns stand out for their significance in technical analysis. In this comprehensive guide, we'll explore these patterns, providing real-world examples to help you decipher their bullish and bearish...
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...
Hello, money enthusiasts! Whether you're a Wall Street wolf or a Main Street newbie, today we're diving into the exhilarating world of finance to dissect two popular money-growing strategies - investing and trading. So, sit back, relax, and prepare to soak up some knowledge! The Basics Let's kick things off with some simple definitions. Think of investing as...
In the vast cosmos of forex trading, Fibonacci tools serve as celestial guides for traders seeking precision and insight. These mathematical wonders unlock hidden patterns, potential reversals, and projection zones in price charts. In this comprehensive exploration, we'll embark on a cosmic journey to discover the four essential types of Fibonacci tools that...
In the world of forex and gold trading, chart patterns often hold the key to unlocking profit potential. Among these patterns, the pin bar stands out for its reliability and versatility. In this comprehensive guide, we'll delve into how to effectively apply the pin bar candlestick pattern to enhance your trading strategies. Through real-world examples, you'll...
In this Knowledge Nugget, I have explained about our "Necklace" Pattern identification. Such stocks in making Necklace may give you 2X to 4X returns in shot span.
Introduction: In the world of technical analysis, traders are constantly searching for new and innovative methods to gain an edge in the market. One such technique that has gained popularity in recent years is the use of "hard closes." In this idea, we will delve into what hard closes are, why they are considered superior to conventional crossover methods, and the...
Hello TradingView Community! I know it's been a little bit since we have posted any content, but we are back after a brief hiatus to bring you more in-depth trading education! Today we want to cover a topic that we consistently see when helping traders who are trying to improve their results. That topic involves patience and leveraging time frames to improve your...
Introduction Candlestick charts are a cornerstone of forex trading, offering valuable insights into market dynamics. One key element of a candlestick is the size of its body, which provides crucial information about the strength of buyers and sellers. In this comprehensive article, we'll explore how the size of a candle's body reflects market sentiment,...
In the today's article, we will discuss the absolute basics of trading - 3 key principles of technical analysis. 1️⃣History Repeats History tends to repeat itself in the Forex market. Certain trends are cyclical and may reemerge in a predictable manner, certain key levels are respected again and again over time. Take a look at the example: Silver...
In the dynamic world of forex trading, price gaps, often referred to simply as "gaps," are a phenomenon that can significantly impact market analysis and trading decisions. Understanding what gaps are, how they occur, and their implications is crucial for any forex trader. In this comprehensive article, we'll explore the concept of gaps in forex, provide...
Hey traders, As you asked me, in this educational post we will discuss some price action basics. No matter whether you are a fundamental trader or a technical trader you should be able to execute trend analysis. You should always know where the market is going, if it is bullish or bearish. One of the simplest ways to execute trend analysis is to...
How to trade channels after sharp moves, where there is a valid money flow in the market. During this short video I just described one of very common and useful techniques that is applied for channel trading, which is for this video scalping, but it applies to all time frames. Here you need to get confirmation and be patient for pull back, it is important to...
In the realm of financial markets, candlestick patterns serve as invaluable tools for traders seeking insights into price movements. Yet, not all candlesticks are created equal. Understanding how to measure the strength of a candlestick is paramount to distinguishing between reliable signals and false alarms. This article unveils techniques for accurately...