Video shows my thought process as well as Confluences leading to the execution of a trade based on harmonics as well as the Beat the Market Maker Method #BTMM. It is a classical near-perfect Shark Pattern.
Is it possible to provide an indication that pre-empts the classic "death cross"?
Traders use different systems to judge the market outlook on patterns, as well as an important indication for them.
It is perfectly normal that someone can be wrong, and someone will be lucky to read the market correctly.
This post is about anticipatory indication and prejudice....
☑️WHAT IS A BULLISH ENGULFING CANDLE?
The bullish engulfing candle appears at the bottom of a downtrend and indicates a surge in buying pressure. The bullish engulfing pattern often triggers a reversal in trend as more buyers enter the market to drive prices up further. The pattern involves two candles with the second candle completely engulfing the body of the...
Facts:
- You not tryna predict the market
- You can't trade just based off of indicators
- You gotta learn price action
- Gotta use higher timeframes
- Gotta be patient and understand that this shit finna take time
- You can't learn from youtube alone, get some courses / figure sum shit out
- Most of the people who trade unregulated brokers and are tryna sell...
Here is an example dual-chart setup for SPY daytraders.
I set this up to help my followers understand how to perceive price action as we attempt to transition through the $405 SPY Support level.
If my analysis is correct, we'll see a fairly strong reversion (upside) price trend as long as the $404~405 level holds.
This chart includes a number of TradingView...
There is a famous saying in the world of trading: trend is your friend until it tends to bend. Following the mighty trend and riding its impulsive moves is one of the most satisfying feelings out there. There are several ways of identifying a trend and hoping on it. One group of people favours using indicators such as SMAs or EMAs for this case. Another group of...
Captain Hindsight is bound to get in your head.
Whether you’re just starting out or you’ve been trading for the last 10 years or so.
He is going to question you with two simple words.
And these two words, can really cause a negative impact on your trading portfolio.
In this short article, I’m going to warn you about how he’s going to uppercut your mind and...
🏆What Is A Moving Average:
A moving average is one of the lagging technical indicators which the traders and investors use for determining the trend’s direction. It totals the data points of the chart and then divides the total by the number of data points over a specific time period for arriving at an average. It is referred to as the “moving” average as it is...
Been asked a couple of times recently whether this functionality was available again and how to enable it and so the good news is that it is indeed back and it is a very simple way to see visually on your charts who is bullish and who is bearish and get a rough idea of the overall sentiment of investors.
Have a play with it and find some people to follow.
Had someone ask how to do this and if you know, it's simple, but if you don't it might not be all that obvious.
Video covers adding indicator windows, moving them, hiding them, merging them, moving objects to the foreground and to the background, adding indicators on indicators, changing their settings etc.
The USDTRY pair tends to be extremely volatile, and hence it brings many scalping opportunities.
On the sell side, and on the hourly chart, you need to keep an eye on EMA-200, EMA-25, trading volume, its MA, and a few important points of time during the day. Zoom into the chart.
By 7:00 AM UTC (sometimes 8:00 AM), a significant trading volume spike above its MA...
Hey Everyone,
Here at GVFX, we are currently buying dips. What that means is that we buy on the dips and therefore only concentrate on long positions/buys with the odd sells for fun. As mentioned before, having both sell and buy positions open in your account will affect your psychology and in turn, your trading decisions.
Now a question that typically arises...
Candlestick charts are commonly used in trading to analyze market trends and make trading decisions. Candlesticks can be categorized as bullish or bearish, depending on whether the price has increased or decreased over a given period.
It is important to note that while candlestick patterns can be useful in predicting market movements, they should not be used in...
Hello dear community.
Each trader is a part of discussion about leverages. Some of them say that it's risky, another just playing in casino with 50x.
But why leverages is not matter, and how do not lose all deposit? Read below.
Firstly, you need to know about 2 things.
Support line
Risk management
Support line
I am confident that you know about...
✳️What is the RSI Indicator
What is the RSI Indicator? The relative strength index is a market indicator that signals when the asset is over-bought or over-sold. This is a momentum-following indicator that measures how fast the price is moving and changing. The RSI uses different types of averages, but its primary purpose is to show whether a trend is strong or...
OANDA:XAUUSD
HI TRADER'S : I ALWAYS SAY THAT (90% TRADER'S LOSS 90% CAPITAL IN 90 DAY'S)
The reason is that Lack Of Knowledge , Lack of Patience , Lack of proper Risk management
You can Be among Those 10% Trader's , Those Are earning regularly From Market
But For That You Need To be Disciplined Trader
THERE ARE 5 MOST POPULAR TRADING STRATEGIES :
1....
Good evening and good afternoon for American traders, I shared an idea where I said to buy NATURALGAS and I want to give a quick recap in order to encourage new traders to hold their trades for long time.
I have drawn on the chart all the points I added contracts after the pullback on the vwap which plays a strong support and resistance role in my trading...
