The price is currently oscillating between the high and low points of the 4-hour wave. To find trading signals using the Smart Money Concept (SMC), we should go to a lower time frame such as 15 minutes.
Good afternoon gold gang! I thought i would jump on here with an educational piece on how i trade using engulfing candles along with my algo levels Whenever you get a big push in the markets, this may be a news item or simply a market open, we normally see a candle being "engulfed" .. now this means that the candle closed bigger than the previous .. imagine it...
This tutorial is on how to determine your premium and your discount.....You want to make sure you are buying at the discount and selling the market at the premium, doing this win drastically increase your win rate in trading
What is a two-legged pullback ? A two-legged pullback in the market is a pattern of price action in which the market retreats in two separate steps or movements before resuming its primary trend. This is a counter-trend move. After a strong trending move, price needs to sort of take a break and there is a double attempt to reverse the trend. When the price hits a...
Welcome to the world of trading patterns. If you appreciate our charts, give us a quick 💜💜 Today let's explore Tweezer top and bottom patterns, often referred to as simply "tweezers," are powerful candlestick formations that hold the potential to unveil significant shifts in market sentiment. These patterns materialize as twin candles appearing at the...
From the experience I have in trading I have identified 3 pillars on which my success is based. I can't say that one is less important than another, so I try to combine all of them: 1) Psychology - is one of the most difficult aspects to master, which requires a lot of theoretical and practical knowledge, so I recommend first of all to study yourself, after you...
WHAT IS BOS ? BOS - break of strucuture. I will use market structure bullish or bearish to understand if the institutions are buying or selling a financial asset. To spot a bullish / bearish market structure we should see a higher highs and higher lows and viceversa, to spot the continuation of the bullish market structure we should see bullish price action...
✅ Confluence refers to any circumstance where you see multiple trade signals lining up on your charts and telling you to take a trade. Usually these are technical indicators, though sometimes they may be price patterns. It all depends on what you use to plan your trades. A lot of traders fill their charts with dozens of indicators for this reason. They want to...
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...
Chart showing trend reversal following a time series. The time series is progressively increasing the powers of 2(4,6,8,16,32)
Chart showing trend reversal following a time series. The time series is progressively increasing the powers of 2(4,6,8,16,32)
Hey traders, Inverted head and shoulders pattern is a classic reversal pattern. It signifies the weakness of buyers in a bearish trend and a bullish accumulation. ⭐️The pattern has a very peculiar price action structure: Trading in a bearish trend the price sets a lower low and retraces setting a lower high (left shoulder), then the market goes lower...
In this detailed education video i show how i mainly make a living as a protrader. This is from fading breakouts of chart patterns. I show three examples of this in the past week from the nasdaq and talk about confirmation bias. I also show what its like drawing lines and patterns daily, win/ loss ratios as well as some thoughts of where the nasdaq might go in the...
Hello, traders! Today we're going to discuss an important technical analysis technique that can help you spot potential trend reversals - the Shortening of Thrust (SOT). This method can be a game changer for new and experienced traders alike. Let's dive in! 🔎 What is Shortening of Thrust (SOT)? Shortening of Thrust (SOT) is a technique used to identify...
Top 9 Examples Of The ''Rocket Booster Strategy'' --- In these examples am trying to show when to execute this -- strategy now even though ut nay look easy honestly it took me about -- 30 mins to prepare for this video -- Not to mention 3 years of studying Technical analysis -- So that you can understand it in a simple way so watch this...
Full-time trader here. Sharing some knowledge for free . If this helps you, show some love: follow me for more and like this idea. 👍 Why do I need a chart anyway? First, we need to convince you of why you need a chart. No problem. Let's say you're a fundamental analysis investor. The stock has to make sense. The stock has to last forever. It needs to be a...
Never trade without expecting risk Risk is part of the game -- It's important for you to understand this -- As you start making money learn to calculate risk -- WBTC is an alternative of Bitcoin to other networks such as Ethereum network -- Whatever trading strategy you use there is always risk -- Watch the video to see the example of the parabolic...
A 3-bar pivot is a candlestick pattern that can be used to identify potential reversals in the market. It is formed by three candlesticks, with the middle candlestick having a higher high and lower low than both of the other two candlesticks. The 3-bar pivot pattern can be bullish or bearish, depending on the direction of the preceding trend. If the preceding...