Most often, traders to what can be called *catching the falling knife* they tend to have false hope in what they think or believe for one reason or the other will happen in the market rather than what the market is actually asking them to do. It is true that there are many factors influencing the markets. But we all know the firts indicator of market movement is...
Unsuccessful Trader You are trading without a Specific Trading Strategy The main reason for opening positions for you is not clear strategy rules, but your own intuition. And even after several failures, you continue to repeat your mistakes due to the lack of discipline and the lack of a trader's trading journal. You often over-trade and get Margin Calls...
Hello friends, When overconfident, traders tend to take very bullish (or bearish) positions in the futures markets. A slight variation in the spot market could have triggered several liquidation orders. This, in turn, causes a sort of butterfly effect in which more people start selling to get out of their positions, which triggers even more...
Hey guys. Today I will present an operation strategia taken from larry connors' book High Probability ETF Trading. Operation of the strategy: 1 - Prices should be running above the 200-period arithmetic moving average; 2 - The minimum of the current candle has to be less than the minimum of the previous candle and the minimum of the previous candle has to...
Hey traders! A common question I get is, do I trade fundamentals?? -From my experience it is to hard to trade off the back of data releases as the moves are to quick to happen and usually get very messy... -Fundamentals I believe just help push a currency in the right direction as technicals give us the entry points to catch these moves -For me its a rule to...
On the above chart I investigated the relationship and continuation of 'waves' within the Fibonacci Circle. Due to its incredible success, I decided to look over it again. On this chart I show very comparable formations (formation 1) (formation 2) Formation 1 is contained within 0.786, while formation 2 extends through the 1 level Applying the same Logic with...
This is the strategy I've been using lately to trade FTM and ONE on the hourly chart. 1. Price is below 200 EMA. 2. ATR down trend. 3. Bollinger Band squeezed. 4. Price crossed below EMA ribbon. 5. WaveTrend Reversed down. Over the past 50 trades, this strategy has won 33 times and lost 17 times. I usually use 1:1.5 RRR but for this particular trade and others...
I'll start off this post with a simple question: why do market technicians place such importance on "confirming" particular areas in a chart? To answer this, we must first understand what confirmation is and what its purpose is. As simply as I can describe it, a confirmation is a technical process of elimination. That is, one can confirm a directional price...
Just an average tutorial FTD are IOU which are an inflationary tactic to the supply of a certain stock. As learnt, the more there is something, the less scarce it is, and the less perceived value it will have
Mention some details for ZIG ZAG correction with help of live example
Hello Folks, Another demonstration of Judas Swing and OTE and how it repeates and accurate it is Credits to ICT Michael J. Huddleston.
Often while trading markets we use various indicators like SMA, EMA, MACD that are based on the thoery that market trends to follow averages everything else remaining constant. Using the same concept and applying it to vix that it would trade in its normal range we have plotted two horizontal lines on vix. This lines gave us the idea when the market moved beyond...
so spiderlines are defo a thing.... coined by none other than @therealcryptoface these lines can be layed on any timeframe and there aim is to project future possible support/ resistance zones. as you can see they are bang on alot of the time. to create ur spiderlines i look for a clear dip before the most significant rally and then plot a ray from the lowest...
Greetings my fellow traders, today we'll be talking about a set-up which I find, is often underused. A simple yet effective set-up that gives you extra confluences on your trend reversal trades - Quasimodo. There are different kinds of Quasimodo entries that a trader can engage in, but today, we'll be talking about the trend reversal variation. Structure...
TVC:US10Y With the wild drops in the market over the last few weeks, I have considered turning a greater percentage of my portfolio to bonds. Listed in this article are the findings of my research. Todays Yield closed at 1.341%, investors receive a coupon of $1.375 semi-annually. Wow...That is pretty discouraging. With insanely low interest rates this year,...
Learn how to trade when the market is trending use Headphone
Today we prepared for you 3rd part of our paper on asset classes for beginners. Purpose of this paper is to concisely detail futures contracts, forwards, swaps and options. Asset Classes - Part 1 and 2 - For beginners Feel welcome to read part 1 and part 2 if you have not yet. Derivative Derivative is a type of financial asset which derives its value from...
What are Supply and Demand Zones? ▷ Demand Zone (Accumulation Area): Accumulation comes from a Latin word meaning to increase something over time. A strong uptrend can only exist if buyers outnumber sellers. During a trend, price moves up until enough sellers enter the market to absorb the buy orders. The origin of strong bullish trends is called an...