One of the biggest mistakes a trader can make is to neglect the aspect of risk management. In this video, I divulge the most pivotal lesson I’ve gleaned from my experience in trading. During the initial years of my trading journey, I disregarded the importance of risk management, which proved to be detrimental in a significant way. The watershed moment of my...
I begin by explaining the Video Idea--> Using Multi-Timeframe analysis to put together a trade idea. MTF analysis is absolutely crucial for running a profitable trading business... It's something that takes some experience but once you understand the way in which all timeframes move together it's like an Aha moment. We look at 3 timeframes.. the 1Hr, 4hr and the...
Here i show you how you can use deriv on tradingview with easy step by step guild so you just need to try it .
The Wyckoff Trading Method The Wyckoff method is a popular technique for analysing market trends, finding reversals, and making informed trading decisions. In this article, we’ll provide an overview of this decades-old system and explain how you may apply it to your strategy. What Is the Wyckoff Method? The Wyckoff method is a type of technical analysis...
‼️ Forex traders use Fibonacci retracements to pinpoint where to place orders for market entry, taking profits and stop-loss orders. Fibonacci levels are commonly used in forex trading to identify and trade off support and resistance levels. After a significant price movement up or down, the new support and resistance levels are often at or near these trend lines...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
After reaching its yearly high, Gold is now on a downward trajectory. A meticulous examination reveals that the current trend suggests further descent. As market dynamics evolve, it's crucial to stay informed. Keep a close eye on Gold's movement for potential trading opportunities.
The recent price action in the Bitcoin (BTC) market has seen corrections alongside a hidden bullish divergence pattern, which some believe could be a precursor to a price surge. Let's delve into shakeout patterns, hidden bullish divergence, and why this combination might signal a potential upswing: Shakeout Patterns: Purpose: Shakeout patterns are price...
Hello traders! 👋 How often has it happened to you that you watch a certain level and wait for its breakout, and when the price breaks this significant level, the price does not tend in the direction of the breakout? After a while, it goes back down, putting your balance at risk of heavy losses. Now let's talk about what a fake breakout is in the crypto market in...
Hey traders, In this post, we will discuss a common fallacy among struggling traders: overestimation of a one single trade . 💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer to a stop loss or, alternatively, coiling close to a take profit but not...
How to Trade a High Wave Pattern In the dynamic world of trading, the high wave candlestick pattern emerges as a potent instrument, offering valuable insights to traders as they navigate the intricate terrain of financial markets. As we venture into the setup, this exploration will illuminate its fundamental principles, strategies, and tools that empower traders...
Knowing when the RSI and price are in a ranging phase even in the short term can be a difficult process. You are either #Ranging #bullish or #bearish. At least in the Algo v6 you can get a clear vision of exactly whats happening. In this video im going to give you a VERY simple strategy on: 1. How to know if the RSI and price are ranging 2. When do i break away...
As you know, one of the overall signals for market growth or collapse is Bitcoin dominance.currently, prices in the upper limits of this line are causing the price of altcoins to fall... The price in the lower ranges of this line promotes the growth of altcoinhami. So before you enter any transaction, monitor this signal to measure your risk in that transaction.
This has been a highly requested video and AMD may not have been the best place to start - but it is helpful to see nonetheless. I will start to do this type of analysis video more in the future if people find it helpful toward building their own algorithms and their own "story". See you all next time! Happy Trading :) - TraderDaddyOG
▶️▶️▶️ What is Wyckoff method? ◀️◀️◀️ This trading method was developed by Richard Wyckoff in the early 1930s. It consists with series of principles and strategies originally designed for traders and investors. Wyckoff devoted much of his life experience for studying market behavior, and his work still influences much of modern technical analysis (TA)....
✴️ WHAT DOES SMART MONEY DOING: ACCUMULATING OR DISTRIBUTING? SMT (Smart Money Technique) Divergence is the divergence of prices of correlated assets or the relationship to inversely correlated assets. Analyzing the SMT Divergence allows you to determine the institutional structure of the market to determine what the smart money is doing accumulating or...
Hey, what's up, traders? In this video, I want to explain your complete thought process and basics of the AMD concept of the analysis for this gold trade which turned into a successful call !!
Since traders are literally made of particles, it's vital to know the principles of their behavior in micro scale. Some people even use planetary cycles to implement into charting. But I believe the answer is deep in quantum world of probabilities - the fabric of reality itself. Reference to Quantum Mechanics The universe itself prohibits 100% prediction...