Andrew M. Kempi 7 January 2023 MACD 1D Methodology: X, XD (X•), XDD (X••), and P=M(XD) Determine Volume psychology and volume mass. P=Mass(Velocity), p=volume(XD), including pascal averaging. The Volume, and price value, is dependent on Velocity (XD). Velocity is dependent on Acceleration. Confirm undeviated direction and trend. Establish location: above or...
What is your strategy? If asked, could you explain it to one of your friends or family members? More importantly, does it make sense? Is it clear? Teaching or Sharing your thoughts & methods leads to a deeper understanding of the content. If nothing else, speak aloud and hear your reasoning out of your own mouth before taking a trade. My current strategy is to...
The psychology of a market cycle refers to the emotional and psychological states that investors and traders go through as they react to market conditions. Here is a short summary of each stage of the market cycle: 🔵 Disbelief: At this stage, market participants are skeptical about the potential for a market rally or recovery. They may be hesitant to invest or...
First you need to clearly define your goal, for this we use this simple tips Technique that helps you better define and achieve goals. Goals formulated using this technique are usually more realistic and achievable. S - Specific (specific) The goal should be well defined and specific. M - Measurable It should be possible to determine if the goal has been...
The Trader's Cycle The trader's cycle is the time span between the first replenishment of the deposit and its total loss. The cycle is divided into four parts, each of which corresponds to a different condition of the trader. Every trader is in one of the stages of the trader's cycle; it is impossible to avoid the cycle by trading continuously. However, by...
Engulfing candlestick pattern is the most popular candlestick pattern. Engulfing candlestick is formed when it completely engulfs the previous candle. There are two types of engulfing candlestick patterns. Bullish Engulfing Pattern Bearish Engulfing Pattern For a perfect engulfing candlestick, no part of the first candle can exceed the shadow (or wick) of...
What is FOMO? FOMO - Fear of missing out or Lost Profit Syndrome - an obsessive fear of missing out on an investment opportunity. This syndrome can overtake in any everyday situation and make you remember missed chances to get rich all day: ignore the growing popularity of cryptocurrencies, not invest in bitcoin and many other short-sighted actions. To determine...
In this educational article, we will discuss why is it recommendable not to trade during the holidays season. 🏦 The main source of problems comes from the fact that the big market players like banks, hedge funds and investing firms are absent. Similarly to ordinary people, bankers and investors prefer to spend the holidays with their relatives and friends...
Introduction One of the most overlooked parts of trading is the simple act of having a plan. Having a well-defined trading plan is crucial for traders looking to improve their chances of success. A trading plan helps traders make informed and disciplined decisions and can serve as a roadmap for navigating the market. A trading plan can also help traders stay...
What problems can a trader face and what are the reasons behind this? Trading is an exciting activity, but for a beginner, there are many difficulties along the way. Today we will talk about a few of them, revealing the reasons for their occurrence! Fear of closing a position by stop loss or fear of loss. Often the reason for this lies in the trader's fear of...
What is your recipe for success in trading? Developing traders often don’t understand, when you are asking to be a successful (or professional) trader, you are asking not just to build a pyramid, but to sit on top of it. What most forget is the base is the biggest part of the pyramid and the foundation for building higher levels. As the pyramid continues to...
This publication is dedicated to thanking the 'Santa' of the ‘Traders’ i.e. the 'Stock Market'. The lessons given to us as a gift of the market, not only help us to succeed in the stock market but also helps us throughout life. This 25th December i.e. Christmas let’s thank our 'Santa' and have a detailed look at 5 Great Gifts of the Stock Market and thank her for...
- Trapped with 2 Change of Character (CHoCH) in order to signal a reversal in trend. - Took out liquidity along the way to original Order Block - Damn! they got our Long & Short stop loss. What to do: - Keep watching Price Action until we see Break of Structure (BOS) in smaller time frame. - Plot an entry based on newly constructed Order Block. - Price came right...
Anchor Effect This cognitive bias causes a tendency to over-trust other people's judgments. And in a situation of uncertainty, the desire to find a foothold increases, which issomeone's authoritative opinion. The anchor effect makes traders look for hints of trend changes from analysts, and in advanced cases, from astrologers (however, they are not much...
10 Lessons To Learn In Forex: 1) Learn All Basic Terminology - Pip, Lot, Margin, Spread, Leverage, Base currency, Rollover etc... 2) Demo Trade For At least 1 Year - Then Trade Low Lot Size To Start Real Trading With, When you are ready. 3) Risk Management Is #1- Always Control Risk/Reward (keep all trades to 1% to 2% of your total account). 4) Always Have...
There are many reasons why traders may fail. Some common reasons include: Lack of a trading plan: Having a clear and defined trading plan is essential for success. Without a plan, traders are more likely to make impulsive and emotional decisions, which can lead to poor results. Poor risk management: Risk management is a crucial aspect of trading. Traders who...
Hello traders, A personal story When I was building scripts for traders back in my Quant days, I often overheard them talking about the "lockout loss" (also called "max daily loss") concept. Once reached, the trading buttons were literally disabled and they couldn't do anything. When I became a trader, I quickly realised when I lost 2 days in a row, something...
Logarithm. Time interval—1 month. The main trend since the beginning of trading. Coin in coinmarketcap: Stellar. Top trading pairs to bitcoin have significant liquidity. In position trading, you need to work in portions from support/resistance level zones with a predetermined size distribution. Unlike pairs to the dollar, pumps/dumps are smaller in % ratio...