Just thought I would show you an interesting way to see who is making the right calls before a stock or (crypto)currency makes a significant bullish or bearish move.
With so many people posting on TradingView it can sometimes be hard to know who to follow.
This is a way to see very simply who is making more accurate calls and best of all it IS NOT influenced...
Yes, this is risk management.
Without proper risk management, your trading strategy based on levels, indicators, patterns, etc.will not make any sense.
Any trading strategy should be supported by strict risk management, where the maximum allowable losses per transaction and the risk ratio are observed:the profit is always...
Running a strategy with a proven edge has me comfortable mentally on how a trade plays out, Be it a stop out or a take profit target met.
Also automating those proven strategies and just letting them be helped with my mental state as a trader.
Trade alerted 17:45 this afternoon and has been close once to TP.
I didn't know this I was in the garden enjoying...
This video was created by our team to introduce you to the new Sparks tool. Sparks are curated lists to help kickstart your research process. You can find lists of symbols related to specific topics like outer space, alt coins, and a lot more.
Markets are sometimes driven by themes, trends, and narratives. Within those themes and trends are lists of symbols...
Many traders - especially beginners - rely on others to tell them what stocks to trade and when to place their entries and their exits.
What I want to show you is not so much how to trade or what strategy to use, but once you have found a strategy that YOU like, how to set up this strategy in TradingView and get automated alerts when a stock meets your...
We know how important your Watchlist is.
Your Watchlist is where you organize all of your favorite symbols, follow them, and plan ahead. It's also where you track your investments and trade ideas.
Our new Advanced View tool makes it possible to share your Watchlists. We believe this is an important next step in Watchlist technology. You can now share your...
📏Pip is a measurement of the price change in a currency pair trading on the forex market. In most cases, pip is the equivalent to 1/100th of 1%.
That rule is applicable to all the currency pairs quoted to the 4th decimal place like EURUSD.
➡️Current EURUSD price is 1.1696
6 is the 4th decimal place representing a pip.
I mentioned it on another day already, but this topic is very important so I decided to share it again to reach as much as possible. Hope it will help some!
The last weeks it happend again, I saw some traders with less knowledge (young and old) who crashed their accounts very hard. They lost a lot of money and for some it was very dreadful!
It is hard to watch...
Hello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
Today's video will be about the Candlestick Chart : Reversal Patterns.
So lets start by talking about the different types of Patterns :
Bullish Reversal Patterns
Noted chart only has a few highly traded pairs and their either highly correlated negative or positive pairs on daily charts.
If you trade more then one pair at a time, you should know which pairs either mostly go same direction and or go opposite direction.
You might not want to do two trades that have a positive correlation or negative correlation for...
There are a few basic rules to bear in mind when drawing trend lines:
1. Tentative trend line - A diagonal line market bounces off of twice. This trend line is indicative of a potential trend, but is not confirmed & actionable yet.
This is a tentative trend line; two points touch the line. It suggests the possibility of a trend in the making, though conventional...
In todays daily primer we talk about limitations and cause and effect. This short 5 minute video will give you the necessary guidance as to what you need to focus on to achieve the success you seek in the markets.
Success in trading, just like in any other business, is a
cause and effect relationship:
Poor or average causes = poor or average results
Prepare your chart for price action trading.
Learn to make your chart clean and naked.
Make your candles bright & vivid.
Take away the distracting elements.
❤️Please, support this idea with a like and comment!❤️
Charts always have a story to tell. However, from time to time those charts may be speaking a language you do not understand and you may need some help from an interpreter. Technical indicators are interpreters of Forex market. *Some traders trade Naked Charts, too each their own!!!
Technical indicators are based on mathematical equations that produce a value...
It will be cumbersome to add each and every share symbol again and again into watchlist especially if 100s of symbols are to be added in watchlist. One simple way to do this is import the entire watchlist. I have taken example of importing Nifty100 stocks into watchlist to explain this process.
• Visit NSE site at www1.nseindia.com
• Home> Products>...
In my years in trading, I’ve been approached by the new and semi-experienced traders for help and advice, and that's how it's supposed to be. Those that «have become» help those aspiring ones.
Then I thought that tens of thousands of people are joining tradingview every day, and most of them are beginners and...