Hey traders, In this post, we will discuss 3 most popular types of charts. We will discuss the advantages and disadvantages of each one, and you will decide what type is the most appropriate for you. 📈Line Chart. Line chart is the most common chart applied by analysts. Reading financial articles in different news outlets, I noticed that most of the time the...
In the today's post, I will compare support and resistance levels with supply and demand zones. I will explain to you the difference between them and share important tips and examples. What are support and resistance levels? We also call them key levels. These are particular levels on a price chart from where in the past we saw significant bullish or...
Three Drives Pattern is a price pattern that consists of three consecutive changes in the market. The first and third are strong moves in one direction, while the second is weaker and in the opposite direction. The pattern can be used in trading to determine direction and predict optimal entry-exit points. Below we take a closer look at what this tool is, how it...
WHAT IS AN ODD LOT OFFER? An odd-lot offer is a financial transaction. It is where a company offers to buy back small quantities of its shares from shareholders who hold fewer shares than the typical trading unit. Usually it’s under 100 shares. In the context of stock markets, an “odd lot” refers to a number of shares that is less than the standard trading...
☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL videos here are for...
Unveiling the Power of Supply and Demand Zones in Forex Trading 📈💹 ✅ Introduction ================= In the realm of forex trading, the concept of supply and demand zones holds immense significance as it plays a crucial role in identifying potential market turning points and areas of strong price momentum. Understanding how to pinpoint and interpret these...
What Is the Parabolic SAR in Trading? Using reliable technical analysis indicators is key to making informed trading decisions and maximising profits. One such indicator is the Parabolic Stop And Reverse (SAR) system, which helps to determine where a price trend might end and subsequently reverse. What is the Parabolic SAR in trading? In this FXOpen article, we...
Greetings, If you have heard or seen the idea of using top down analysis within your trading but never truly new what it was or how to optimally utilize it in your own trading. This idea will show you.
Unveiling the Art of Trend Analysis in Bitcoin Trading Welcome to a comprehensive guide that will empower you with the skills to master trend analysis in Bitcoin trading. In this extensive tutorial, we'll explore every nuance of identifying trendlines, understanding structural points, and navigating the complexities of different market scenarios. Illustrated with...
Interest rate decisions play a crucial role in the functioning of the banking sector and the broader economy. Here are five economic benefits associated with interest rate decisions in banking: 1. Monetary Policy Tool: - Central banks, such as the Federal Reserve in the United States or the European Central Bank, use interest rates as a primary tool for...
Introduction The realm of futures trading offers a spectrum of opportunities, and at the forefront of this dynamic market are the E-mini Nasdaq Futures. Designed to track the Nasdaq 100 index, these futures contracts have become a favorite among traders who focus on technology and growth-oriented companies. The Nasdaq 100, dominated by technology giants, serves...
Choosing the Right Timeframe for Day Trading In the fast-moving realm of financial markets, comprehending and evaluating price fluctuations is imperative for achieving success in trading. Technical analysis centres on delving into historical market data, primarily focusing on price and volume, to anticipate future shifts. In the domain of technical analysis, the...
When it comes to trading XAUUSD (Gold/US Dollar), there’s no one-size-fits-all strategy. The “best” approach is highly individual, depending on your trading style, risk tolerance, and personal preferences. In this article, we will explore four popular trading strategies for XAUUSD: Trend Trading Breakout and Retest Trading Swing Trading Scalp Day Trading We...
In the ever-evolving landscape of cryptocurrency trading, Bitcoin often serves as a beacon, reflecting broader market sentiment through its dynamic price movements and trading metrics. Today, let's explore the intricacies of Bitcoin's market dynamics by dissecting Open Interest (OI), funding rates, liquidations, and long/short ratios—using current data as our live...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (1W chart) Usually, the way to draw a trend line is to connect the high point and the high point where the trend changes, or to connect the low point and the low point to display the trend line. Then,...
Hello traders! I want to share with you some educational content. ✅ MARKET STRUCTURE . Today we will talk about market structure in the financial markets, market structure is basically the understading where the institutional traders/investors are positioned are they short or long on certain financial asset, it is very important to be positioned your trading...
Candlestick patterns are like building blocks in understanding how the stock market behaves and how prices might change. Knowing about these patterns can really help you make smarter decisions when trading. I. Introduction to 35 Candlestick Patterns Candlestick patterns are visual representations of price movements within a specific time frame. Each...
💲Succeeding in Trading with Just a 16% Win Rate💲 Ever thought you need a high win rate to be a successful trader? Think again. Many claim an 80-90% win rate, but beware - these are often false promises. Here's why a high win rate isn't essential and how you can profit even with a low win rate. Introducing the Minimum Win Rate Formula This formula...