the average true range indicator and a simple trading view tool make it very easy to visualize a price range for (day) trading
As we already know, a price trend does not usually reverse instantly. As a rule, upward and downward trends are separated by periods when the price is in a trading range - a sideways trend. To take a simple analogy, imagine a huge ship. It's not easy to slow it down, it takes a lot of time. Now imagine how long it takes to turn around? It's the same with prices....
The principle of supply and demand trading involves identifying a counter-trend candle that precedes a sequence of three consecutive candles exhibiting strong bullish or bearish momentum. This specific candle is designated as the supply or demand level. The underlying theory posits that when the price retraces to the region where demand previously triggered a...
Fibonacci retracements in technical analysis of various assets use a mathematical sequence discovered by Italian mathematician Leonardo Fibonacci. This sequence is a series of numbers where each number is the sum of the two preceding ones: 0, 1, 1, 2, 3, 5, 8, 13, 21, and so on. In stock trading, Fibonacci retracements are used to identify potential levels of...
This is the biggest misconception I see with (new) U.S. traders - day traders especially - and nobody is talking about this! You need to learn when the daily candle prints!! If your guru didn't teach you this.. it's probably time to find a new one..
What Did you learn from watching this video? In this video we look at the rocket booster strategy This strategy is representing 3 steps: #1 - 50 EMA #2- 200 EMA #3- EMA Crossover To learn more watch this video again Disclaimer:This is not financial advice do your own research before you buy or sell anything in trading.
Earnings reports are a critical element in the financial markets, often triggering significant shifts in stock prices. This FXOpen article aims to walk traders through the complexities of trading these pivotal announcements. From preparation to strategy, discover key insights for making informed decisions during earnings season. Importance of Earnings Reports...
The 50 EMA (Exponential Moving Average) is a technical analysis indicator commonly used in financial markets, especially in stock trading and Forex. It is a type of moving average that gives more weight to recent prices, making it more responsive to current market conditions. Here are three steps to understand the 50 EMA: 1. Calculation: - The 50 EMA is...
There are a huge number of trading strategies in trading, however, there are some that significantly prevail over all others. They are based on the concept of liquidity. Let's look at them in detail. ✴️ STRUCTURED LIQUIDITY Swing High and Swing Low are market highs and lows respectively, and Equal high and Equal low are equal market highs and lows...
CRYPTOCAP:BTC.D Bitcoin dominance refers to the percentage of the total cryptocurrency market capitalization that is represented by Bitcoin. In other words, it indicates the proportion of the entire cryptocurrency market that is attributed to Bitcoin's market value. For example, if Bitcoin has a market capitalization of $600 billion and the total...
as we can see the pattern is reversed H&S, which is mean we will be bullish on others dominance for almost next couple months. and the latest update of BTC on my profile i just mentioned we can see 40-42k just as touch. so after breaking the resistance 38500 for BTC the others dominance will blow up. Be Happy Like a Hippey
Today's Q&A I want to answer the most common questions I get about Margin Calls. Let's begin. Q. What is the Margin Call? A margin call is a situation where a trader does not have enough funds in their account to keep a trading position open. Your broker will either phone you or you'll receive an automated message with a margin call warning. Q. What can...
This is just a quick and simple way of how I look at the markets, this was analysed with the 15m then I zoomed into the 5m. I like to do it as simple as possible because I found out that the easier the better. Of course I have my own flaws but the main idea is to have that little edge. My main reason to post this is not to give you a strategy per se but to give...
Welcome to the conclusive part of our Strategy Smarts series, a set of practical trading templates expanding on concepts from our previous Day Traders Toolbox and Power Patterns series. In this final instalment, we introduce the concept of 3-Step Confluent Zones designed to add some precision, discipline, and consistency into your trade entries. I....
Decoding the SEPA ® Method: Mastering Minervini’s Approach to Swing Trading Introduction In the dynamic and often complex world of stock trading, few names resonate with as much authority and respect as Mark Minervini. A legendary figure in the realm of finance, Minervini has carved out a niche for himself as a veritable guru of swing trading, a technique...
Hey traders, In this post, we will discuss 3 very important market situations that every trader must be able to recognize: breakout, retest, and fakeout. ❗️ Please, note that the essential element of all these terms is structure: vertical and horizontal key levels. 📍 Breakout is a situation when the market breaks the identified horizontal support or...
A Trader looks at both sides and does not have an opinion on are we going bear or bull today, up or down. We could go up 100 points now to match the actual ATH, or we could continue rolling over in thi arm, spending more time in the S3 area, more selling than before, we will see what unfolds. Nobody knows the probazbly future in advance if they can't read elliot...
When I put these two tricks together, entering low time frame positions got way smoother. Give it a try and see if it clicks for you—I'm hope you find this valuable 🚀