In derivatives trading, achieving success can lead to substantial profits, but it's crucial to trade carefully to avoid costly mistakes. 💜 If you appreciate our guides, support us with boost button 💜 Here are six simple and practical tips to help develop a strategy for successful futures trading. 1. Craft a Clear Trade Plan Before jumping into the...
Today i explained to you guys the basics of the luftwaffe strategy and how to trade when you see a LUFTWING candle. Thanks so much for your time guys...
this video provides a clue on how to reach a bar chart and a price chart. talks about volume and traders psychology.
Market structure is one of the most important thing one can learn in trading. If you are day trading or investing staying on right side of the market is very important. Market structure help to identify the right side of the market. Lets say market is making HH (Higher high) and HL (higher low) that's bullish market structure. Meaning buyers are in control and...
Hello TradingView Family, Lately, I've been contemplating the fascinating parallels between trading and running a business. 🤔 It's intriguing how both these worlds share common ground, and I wanted to share my thoughts with you. 📜 Trading Plan as the Blueprint: In the business of trading, a well-crafted trading plan serves as the blueprint for success. Just as...
What is timing in simple words? Timing is the time when you SHOULD trade the market. It is very desirable to trade on the market when the market is active, i.e. there is increased volatility, which in turn is associated with any time factors affecting the activity of traders. Timing must be taken into account by almost any trading system, starting from scalping...
We can learn a very interesting lesson by looking at the SPY chart. Anyone who tries to guess the next top or bottom is a gambler, not a trader, and as someone who has gambled a lot in the past, this rally brings back some memories. It's very easy for someone to see such an explosive movement and think: "It's already gone up a lot, it's going to have to come down...
Doubt is danger. It’s a big enemy for trading. And it’s something that is innate, which is hard to escape from. It leads to you to miss opportunities, destroys confidence, clouds judgement and keeps you stuck in a rut. When you are infected with doubt, this can infiltrate even the most experienced traders. This article delves into the various dangers of...
Hey traders, In this post, we will discuss two efficient ways to apply the moving average(s) indicator in your trading. Please, note that the settings for a moving average depend on many factors and can not be universal. Time frame, your style of trading and many other factors should be taken into consideration when you define the settings. 1️⃣The first very...
Forex trading is a complex task; therefore, traders look for various techniques and tools to overcome the challenges. One such technique is understanding and harnessing the power of market sentiment. In this article, we will define what forex market sentiment is, highlight the pivotal role it plays in trading, and provide an overview of the various sentiment...
Unveiling the Dynamic Correlation Between BTC and USD: Insights from Past and Present Introduction: The intricate dance between digital assets, exemplified by Bitcoin (BTC), and traditional currencies like the United States Dollar (USD) continues to captivate the financial world. Recent market movements, coupled with historical data, shed light on a compelling...
It's not a simple question and REALLY matters ALL of the time, so, finding a simple answer is a neat tool to have in the snuff-toolbox.. Here's the quickest, easiest down-n-dirry method for getting closer to an answer. If you look at the ranging areas of the chart. The in-between, sideways, messy, wish-it-didn't-exist areas and draw a rough shape tracing the...
🔍 Understanding Fake Breakouts: 🔸Spotting the Fake Breakout: In the chart, as highlighted, a green candle indicates a reversal above a certain level, signifying a fake breakout. This is where the market seems to break a support or resistance level but quickly reverses direction, invalidating the breakout. 🔸Qualities of the Confirming Candle: The candle that...
Fibonacci retracements are a cornerstone in the toolkit of many traders, offering a mathematical approach to identifying potential areas where reversals may occur. This article delves into the intricacies of using Fibonacci retracements, covering everything from basic understanding to strategies involving other indicators. Read on to gain insights into how to...
There are no perfect market indicators. However, traders can increase the chances of success by using two indicators in conjunction. For the S&P 500 (SPX) combining the Relative Strength Index (RSI) with the Commodity Channel Index (CCI) could be helpful in discovering turns. Momentum divergences frequently hint of a potential trend reversal. The RSI is one...
this video provides a tutorial on reading volume and having a chart setup
I know that the topic of moving averages has been fairly explained in crypto and other trading markets, and every trader has a good knowledge, and usage cases for them, but here I will share my own view of the moving averages, and how I use them for trading without relying on technical or educational sources by any means. Starting with a recap on the main idea...
The best accurate strategy for high profitable trading and having a perfect strategy for any timeframe and any market, whether it is the crypto market, forex or the stock market, is the combination of two indicators, Bullish Way's premium indicator "ARMAGEDDON" and Ichimoku . You can get the Bulish Way's premium indicator "Armageddon" from the official...