What follows is a 10min video of me giving you a peek at our latest iteration of 'Remora', a volume (only) based financial indicator....
Algorithm: Remora (because it allows even the smallest fish, to swim with the biggest sharks, without getting eaten by them. Ever.)
Version: v6 'Black Magic' Series (because we now have a new moving average...
So many people blame the unpredictable price moves on the whales. (As if the whales aren't investors, too). In lack of better words these people are blaming the unknown for their failure to understand the market's environment.
Not to mention spending hours or days over-analyzing a fake rally that is 100% going to deflate
So, Dogecoin Shill, what do I do to...
Ask a hundred traders whether you should be using Log charts or Linear charts and you will get as many answers. The real answer seems to boil down to - Look at both and find what works.
On the lower time frames there is often not a big difference. Log is often considered best for longer-term charting, but that is not an absolute.
Badrosha on twitter writes:...
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum.
You can check my indicators via my TradingView's Profile : @PRO_Indicators
If you want to learn more about the basic rules to trade with my indicators...
To become a good trader
- Trend is the first think to know and understand;
o Trend always stronger than channels, ranges so ever,
o Trying to trade against trend is one of biggest mistake to do, which is sometimes experienced traders are doing
o If you wanna understand the trend you should look longer timeframes; in forex you can use weekly or monthly charts...
Conditions of a Perfect Shooting Star:
Body is short.
The height of the candlestick (the difference between high and low price) is tall enough and it's more than the Daily ATR(264). The taller the Candlestick is, the stronger the Shooting Star.
The upper shadow (also known as upper wick or tail is the distance between the high price and the close or open price,...
Okay, so im going to try, to break down the meaning of the market structure for you guys. I will try to keep it simple becouse it really is simple. You allready know about it but never though about it this way.
So, how is market made? What does it do?
We all know, it's mooving up and down all the time, and we know it doesn't moove in straight lines (if it would,...
Hello My Soon to be extremely wealthy friends!
I am going to be providing you a free educational course on technical analysis. Whilst your learning technical analysis to keep things exciting we are going to make money off our trades and I mean real money. I am going to teach you (free of charge) the ins and outs of everything you need to know to ensure you can...
Shooting Star Candlestick Pattern Definition:
When the price highly increases during a day, but decreases to what it was at the beginning of the day or even lower, a considerable bearish retracement is occurred.
The candlestick of this price action in the daily time frame is a Shooting Star.
The Shooting Star in the daily time frame is a very strong signal for...
For having successful and steady transactions, Simple detection of market patterns is not enough. But with a deeper look, we should calculate the success possibility of each pattern. One of the determining power Parameters of hammer stick is about Descending or ascending that the body can be. Thus, if the body of hammer is ascending, Possibility of...
I've been curious as to what players would be involved to have the Crypto world have a one trillion dollar market cap. Looking at the top 20 coins, it looks as though we sit around $600 Billion, so less than a doubling of the current market. I truly believe the "FOMO" hasn't even arrived in the market and once they catch on that we'll see the trillion dollar...
Skip to the second paragraph to get to the point, first paragraph discusses observations...
What you see in the bottom of the screen is a script I recently published just for fun; it's a momentum measurement for bitcoin against several fiat pairs and crypto pairs, and all summed together. The top of the screen is essentially the btc price, but somewhat more...
The 50 and 100 sma are my guides for price movement on my charts. Price trends, ranges or consolidates. When price moves in between the 50 and 100 sma I call that my in side range. Price can move quickly through both or mostly it will consolidate. If I enter an inside range trade I do not expect to have price momentum going through that space. Also many times...
This is a great example of the 1-2-3-Breakout pattern on Bitcoin using the Daily chart.
This pattern can be applied to any equity. Chart patterns represent human behavior and that is a constant among all asset classes.
Point 1 - The First Test - The New High
Price reaches a new high and pulls back when investors take profits.
Point 2 - Second...
This entire thread will be for STRUCTURE!
In the "idea updates" column I will be posting all types of
corrective and impulsive structures!
When it comes to trading the waves, the 12345ABC we all
love to draw when we first learned about the theory will be
useless (most of the time)
What we should focus on is if we're in correction, and if so
how the heck can...
This is my trading plan. You can look through my published ideas to look at other examples.
I need 3 reasons to enter a trade.
1. A clear direction. I use 3 emas 50, 100, and 200 as shown in the chart.(Required)
2. A horizontal support/resistance area. (Required)
3. Price retrace to one of the emas to act as resistance. (preferably than fib)
4. Fib continuation...
SNAP is showing a nice example, how the ForkTrading can catch the markets path.
Not only are the Forks a great way to identify the highly potential trend continuation, but also catching the "frequency" of the markets.
Watch this chart closely and observe your thoughts ;-)
Happy new week to all
Hey Traders, Here is Section 2 of the "How to read structure (Charts) Tutorial". In this Section, you will learn some of the methods that professional trend traders use to bring home a profit week after week, month after month, & year after year! In this Section, I will be explaining-
- The Characteristics of a healthy trend (Chart 6)
- A simple method that makes...