The market price moves in phases (Nature). Understanding the nature of how the price /market move would help elevate your skills. The price moves in 2 phases viz: 1. Correction: When the price moves against the main direction of the trend with very low momentum candles 2. Impulse: When price moves same direction as the main trend with very high momentum...
Disclaimer: Warning! The given tips are born from the minds of financial disasters and for entertainment purposes only. These are the results of the imagination of unsuccessful traders with a knack for making impressive losses. These master traders are known to make their financial mistakes by making huge losses. Unsuccessful traders are honored members of...
The business cycle describes how the economy expands and contracts over time. It is an upward and downward movement of the gross domestic product along with its long-term growth rate. The business cycle consists o f 6 phases/stages : 1. Expansion 2. Peak 3. Recession 4. Depression 5. Trough 6. Recovery 1) Expansion : Sectors Affected: Technology, Consumer...
Intro: In the dynamic world of financial markets, trading strategies have evolved significantly over the years. With advancements in technology and the rise of artificial intelligence (AI), algorithmic trading, also known as algo trading, has gained immense popularity. Algo trading utilizes complex algorithms and automated systems to execute trades swiftly and...
In the first part, we discussed the components of the price action theory. We covered value area, control line, and excess price with examples, setups & guidelines (with my own observations.) Now, in this idea, we are going to cover the following topics: No trading zone Initiative & responsive trading Shifting of the value area Bullish Value area Bearish...
The Concept Of Supply & Demand The price movement of the security is the result of demand(buyers) & supply(sellers): If the supply is more than the demand, there are more sellers than buyers than sellers, which results in a price fall. If the demand is more than the supply, there are more buyers than sellers, which results in a price surge. If the demand...
I am here with a unique topic. It is about a psychological trading trap called the cycle of doom. What got me interested in this psychological topic? Well, there are very few articles about it. You can count them on one hand, and more than 90% of traders are losing money. Most traders find their method of trading. What stops them from becoming profitable traders?...
Imagine an investment as a journey with twists and turns. Knowing its different stages is like having a map for investors. It helps them decide if they want a thrilling ride with big potential rewards or a smoother path with steady stability, based on their comfort with risk. For investors, understanding the life cycle is crucial because it directly impacts the...
To add the chart, just go to Indicator on the top. The indicator list will pop up on the screen, then you scroll down the Invited-Only Scripts, there you will all of our Pro Indicators are there.
All stocks go thru 4 stages, sometimes each stage can last months or even years, and it's not always easy to recognize like it is on this chart. Stage 1: Accumulation - buyers coming in stopping the down fall, and the stock starts trading sideways. (Wait) Stage 2: Markup - Bullish phase, where traders and institutions start buying the up trend. (Buy) Stage 3:...
A rising wedge is a pattern that forms on a fluctuating chart and is caused by a narrowing amplitude. If you draw lines along with the highs and lows, then the two lines will form an imaginary angle that will narrow over time. Moreover, this angle’s inclination must be positive; the resulting corner should be pointing upward, indicating an uptrend. A rising wedge...
Many of you have been asking me how I timed my NASDAQ:LINK trade so well. Purchasing at $7.63 on October 20th and now seeing it up to $16.20, I will say it was slightly lucky, but it was not random. In this video I go over a few of my basic strategies for getting major price points out of an asset in less than 15 minutes. Follow for more trading content....
This is what happened after the the MA Cross over happened.
This is a follow-up Idea to my most recent video explaining how MA crossovers work. This is what ended up happening over the course of the next few days.
In the forex market, pivot points have long been a staple in the toolkit of forex traders, serving as key indicators into market sentiment and potential price action. Rooted in simple mathematics, they offer actionable insights into support and resistance levels. This article delves into the utility of pivot points in various strategies, including intraday, swing,...
In the today's post, we will discuss how trading is structured , and I will share with you its 2 key milestones. Trading with its nuances and complexities can be explained as the interconnections of two processes: trading rules creation and trading rules following. 1️⃣ With the trading rules, you define what you will trade and how exactly, classifying...
After the SwichHigh(Weak) of the H4 timeframe is broken by a candle with a higher body, it generates a BOS signal and forms a new SwichLow(Strong) bottom and the H4 wave structure changes.
Hello traders, This is the complete breakdown of my favourite ICT Day Trading Model. This is so easy to replicate on any two time frames. One must be higher, while the second one which is for entry should be lower. The higher time frame is for market direction, orderflow, trend. Identify your discount and premium levels on higher time frame. above 50% of your...