Pay attention to the phases and letter designations on the graph that I showed on the ADA / BTC pair. (Cardano). A diagram of the accumulation phases is shown. Which are relevant for trading now. Several trading methods are combined on the chart: 1) Trading by the Wyckoff method. 2) Trade in horizontal channels. 3) Trade from important areas (price reversal...
Hello traders! This stock has given 37x in just 5 months in its previous move which was the 1st move. Again it has close above 50ma ,20ma and 6ma after bouncing from its previous support or demand zone at 113. We can take entry at cmp with proper position sizing as the risk here is approx. 35%. To catch multibagger stocks we have to take that risk with proper...
The more confluences you have, the more confident you are in the fact that your technical setup will play out according to the plan. Confluences come in different shapes and styles, whether it is combining some Moving Averages and Bollinger Bands with price action, or having your grandma flip a coin a decide the faith of Bitcoin. On the graphical illustration...
‼️ The price can simply be found in one of the 3 phases below: 1.In a CONSOLIDATION 2.In an UPTREND 3.In a DOWNTREND The bullish market is characterized by making Higher Highs and Higher Lows, but this characterization is not enough, it is necessary to say that bullish markets are always breaking swing Highs and respecting swing lows. The fact that the price...
‼️ Imbalances are also known as inefficiencies or FVG (Fair Value Gaps) these are periods in price action whereby means of lopsided order flow, which create porous wakes or gaps in fills. The market will slip to the only available trade levels as a result of thin liquidity and these voids in liquidity will be revisited at a later stage. The market will seek to...
‼️ Order Blocks are candles where Market Makers (Banks) have placed their positions, generally, the market returns to those candles and they are never violated. There're 2 types of Order Blocks: 1. The Bullish Order Block is the last bearish candle before the bullish movement, that Break The Market Structure Higher. Represents a high possibility of holding the...
‼️ Forex traders use Fibonacci retracements to pinpoint where to place orders for market entry, taking profits and stop-loss orders. Fibonacci levels are commonly used in forex trading to identify and trade off support and resistance levels. After a significant price movement up or down, the new support and resistance levels are often at or near these trend lines...
🌟 The picture of the wedge pattern is beautiful, but you have to understand how to trade in Real Life! In this idea I will try to teach you how to enter the trade and what to look for. The descending wedge is a bullish pattern. On the chart you can see how it works on Bitcoin. Over the past year, it has worked well in 3 out of 3 trades. 🎓What is the wedge?...
Wonder why the market respected the Price Action move in Sep 6th 2021.
I want to procced to share my knowledge with you, guys Now we can see the correction and waiting for pump It's very clear moment for real. Check my last idea to know all the course of major players behavior. Have a nice education with me here😉
Some traders try to watch Level 2 data to discern when the large-lot orders come through to get an idea of when the big institutions are accumulating in the Dark Pools, but you really don’t need that. Plus, whether that’s accurate is questionable since Dark Pool transactions are reported way after they were transacted. “Dark Pool buy zones” is a term I coined...
The last time that the DXY index crossed the 104 ,was after the stock market bubble burst in 2000! Usually when the dollar goes up, equity and crypto and other assets decline in value - there is an inverse relationship...realizing that the stock or crypto market is currently at levels where some are calling for a bear market must always consider unexpected...
✅Keeping Charts Clean: Since a trader's charting platform is his or her portal to the markets, it is important that charts improve rather than hinder a trader's market analysis. Easy-to-read charts and workspaces (the entire screen, including charts, news feeds, order entry windows, etc.) can improve a trader's situational awareness, allowing him to quickly...
Bull market in the Dollar stared on July 13, 2021. This clearly visible on the chart and requires very little explanation. How do we take advantage of this? Simply looking at the support-resistance lines is helpful. When the stock closes above the Blue line, we go long. In this case, dollar as popped almost 12% since the initial alert was issued. Avoid listening...
A Trader asked me, if I could show how I approach my analysis. And this is what this Video is about. At the end we even have a potential trade and definitely a chart to observe. What you will see is: - the big picture - swings - Andrews Pitchfork - the sine-wave pattern ...and even the classic Head & Shoulder, which reveille where the meat is. Let's start...
S&P 500 Index (SPX) Trying to dive into some Elliott wave theory and I have a more "interactive" chart to present based off of historical data. I chose this sequence and timeframe because it seems easiest to understand with confirmed examples from some of my own reading materials. This was notated by previously known EWT masters to be a "Double Zigzag"...
For 3-5 minutes while going through this forget what you know about trading. First thing is : Let's remember our goal, every successful action/plan started with a clear goal that led the way: In our case it's profit When starting to trade seeing the numbers go up and down plays with your head and emotion quickly tempting you with the unlimited potential at...
"Truth Social is currently beating Twitter & TikTok on the Apple Store" this tweet from Elon Musk could be enough to pump it higher..! This is the effect of Social media, and Elon Musk knows it better than anyone else..! I believe SEC should investigate Buyers of (out of money call) options on DWAC..! A company with a 1.5 Billion USD market cap and less than...