TradingView is a comprehensive online platform designed for traders and investors to analyze financial markets and make informed trading decisions. It offers a wide range of tools and features tailored to meet the needs of both beginners and experienced traders. Here's an overview of the key aspects of the TradingView platform:
1. **Charting Tools**: TradingView...
The world of investing can be a daunting place, especially for beginners . With so many factors to consider and the potential for significant losses, it can be difficult to know where to start. However, there are a few basic rules that all successful investors follow. By following these rules, you can increase your chances of success and avoid costly mistakes.
1....
Introduction
In the ever-evolving world of financial markets, savvy investors and traders continuously seek strategies to optimize returns while managing risk. Among the plethora of strategies available, the covered call stands out for its simplicity and efficacy, especially when applied to a dynamic asset like Euro Futures. This article delves deep into the...
support and resistance levels are crucial concepts that every trader needs to grasp. These levels represent key points on a chart where the price tends to reverse its direction. By analyzing historical price action, traders can identify these areas and strategize their trades based on how the price reacts upon reaching these levels.
The Simplicity and Complexity...
The Fixed Range Volume Profile (FRVP) has long been favoured by traders for its ability to accurately predict the market direction and key turning points. However, its complex appearance can put some traders off. In this FXOpen article, we’ll take a deep dive into the FRVP, how to use it in a trading strategy, and some common mistakes to avoid.
The Fixed Range...
In the video I discuss how I analyse momentum using MACDs and the 5min and 1min charts when daytrading.
Knowing these key concepts helps me filter out the best setups to get on the right side of the market and in the right trading zones.
The basic concepts discussed are :
- Momentum
- Price Action
- Candle Analysis
- Multi-timeframe Analysis
** If you like the...
You can learn a lot from the classic board game we all know and love: Monopoly.
And as a trader, if you decide to play it again with your spouse or children – you’ll find the game to be very different.
That’s because you have a better sense of risk, reward, probabilities and money management.
You have the patience to grow a sizeable portfolio and eventually...
RANGE BOX:
When the price is in a ranging market look for date of when the price was last in its range. Example above shows we had the range, a breakout above and then a break back inside the range. Draw a box around the range and then identify the buy area and the sell area. This stops you from trading in the middle of the range and getting chopped up by the...
Simple Trading Strategy - Generate your own take profit targets.
Today we're going to share with you a simple yet effective trading strategy that can be used on any instrument. Like any other trading strategy its not 100%, but, you can see from that illustration how effective it can be in keeping you in the right direction on a pair. You can add Moving averages...
Idea for a basic primary trade setup.
Example timeframes:
4hr
1hr
15min
Can be adjusted for hold period.
Implementing:
Support and Resistance
Trendlines
Channels
Counter Trend Lines
Candlestick patterns
Price Patterns
Ideas for entry points with different RRR and hit rates.
Price example to follow
The whispers of "altseason" echo through the cryptosphere, igniting the imaginations of investors with visions of explosive altcoin growth. But what exactly is this mythical period, and how can you navigate its thrilling (and potentially treacherous) waters?
Deciphering the Altcoin Landscape:
Imagine Bitcoin as the majestic oak, anchoring the crypto forest with...
How to Perform Order Flow Analysis in Forex
In trading, understanding the mechanics behind market movements is crucial. This article delves into the concept of order flow analysis, focusing on its unique challenges in the decentralised forex market, and offers alternative strategies rooted in supply and demand dynamics.
Order Flow Analysis and Its Limitations...
👋Hello traders! In this post, I would like to introduce you to the VWAP indicator, which is used by major market participants in their trading.
Moving averages are one of the most popular basic tools of technical analysis. More than 10 variations are known: EMA, LWMA, etc. All of them, in one way or another, use the same principle of data averaging; the...
Railway Tracks Pattern is a secondary formation (unlike pinbars and inside bars) of Price Action, but no less frequent on the chart of price movement of a certain underlying asset. It occurs mainly during the correction of the main trend movement. That is, it is necessary to catch the pattern on a pullback from the main trend.
✴️ THERE ARE TWO TYPES OF PATTERN...
Traders,
The market is designed to confuse retail traders, the reason for that is they know 95% of you enter these markets with no plan. You’re not aware of the levels, you’re not charting the pairs you trade, and you lack the basic skills to manage your money and your risk. You need to have a plan before you enter a trade, you need to have a strict set of rules,...
Hey traders,
In this post, we will discuss trading sessions in Forex .
Let's start with the definition:
Trading session is daytime trading hours in a certain location.
The opening and closing hours match with business hours.
For that reason, trading hours are varying in different countries because of contrasting timezones.
❗️Please, note that different...
Hello
Please take time and read it.
The notice I want to explain is crystal clear for most Elliott and technical chartists but it is so important that needs to be mentioned again.
Most of you know that a hard time in trading is when you do not know this trend that has started to move wants to stop here or there (or where).
VERY VERY IMPORTANT:
when a wave 3 wants...
In the world of financial markets, predicting future price movements is akin to unlocking a treasure chest. Two of the most prominent methodologies used by traders and analysts to decipher market movements are Trend Following and Mean Reversion. Each approach offers a unique perspective on how markets behave and provides strategies for capitalizing on this...
