CME: E-Mini Nasdaq 100 Weekly Options ($Q1D-$Q5D)
When I first started trading two decades ago, I was overwhelmed by the amount of data that was available. I had a hard time correlating how data relates to price movement. While observing the stock market, I have one question in particular: why does the market often moves drastically immediately after the release...
1. What Are Supply and Demand Zones?
In the cryptocurrency trading, supply and demand zones are pivotal concepts that profoundly impact market behavior. These zones act as critical areas where traders engage in buying and selling actions, significantly influencing price movements. To gain a deeper understanding of how these zones work, let's delve into the...
In the intricate world of forex trading, understanding the nuances of candlestick patterns is akin to deciphering a secret code. Candlesticks are more than just price representations; they embody the ebb and flow of market sentiment. In this comprehensive article, we will delve into the characteristics of crucial bullish and bearish candles, unveiling the...
TGIF is a framework coined by Inner Circle Trader (ICT). It is a Friday setup most common in the New York session after all red news is reported.
Throughout the week, SPX500's price was steadily growing. This is essential for the setup, as we want to short from the High under the expectation that the market won't close at or near its maximum price.
On Friday,...
Introduction
Candlestick charts are a cornerstone of forex trading, offering valuable insights into market dynamics. One key element of a candlestick is the size of its body, which provides crucial information about the strength of buyers and sellers. In this comprehensive article, we'll explore how the size of a candle's body reflects market sentiment,...
Hello, traders! In the ever-evolving world of cryptocurrency, we often encounter intriguing phenomena like the "volatility crush." 📊
🔍 What is a Volatility Crush? A volatility crush occurs when the price of an asset, in this case, Ethereum (ETH), experiences a significant reduction in its price volatility. It's like the storm clouds clearing after a turbulent...
In the world of forex trading, Myfxbook has become a popular platform for traders to share and analyze their trading results. However, as with any online platform, there is a risk of encountering fake or fraudulent accounts that mislead users. It is crucial to be able to spot these fake Myfxbook accounts to ensure credibility and make informed decisions when...
Hey Rich Friends,
Here is my trading strategy in black and white. Nothing more, nothing less. Stop overthinking. Stop overtrading. Stop overleveraging. Focus on finding great setups that meet all confirmations and let the market do the rest.
Indicators:
50 EMA (blue)
200 EMA (purple)
Momentum (turn on price line)
Stochastic (turn on price line)
Bullish...
In the today's article, we will discuss the absolute basics of trading - 3 key principles of technical analysis.
1️⃣History Repeats
History tends to repeat itself in the Forex market.
Certain trends are cyclical and may reemerge in a predictable manner, certain key levels are respected again and again over time.
Take a look at the example:
Silver...
TL;DR
Total Profit of approximately $900 (around +9%) for the 2nd week of August 2023.
Total 9 trades, 8 wins & 1 loss.
1-hour Timeframe, Oanda, XAUUSD(Gold), $10,000 Capital, $200/ 2% per trade.
Mechanical Consistency Trading Strategy; Purely rule-based strategy, zero guesswork, zero analysis.
Disclaimer: I am not a financial advisor. The content for this...
Hello dear traders and investors community!
The Divergence Cheat Sheet
Divergence occurs when the price of an asset and an indicator, such as the Relative Strength Index (RSI), move in opposite directions. This pattern provides valuable insights into potential price reversals or changes in trends.
Detecting Divergence
Detecting divergence is crucial...
Hello, fellow forex traders! Today we are going to learn about a strategy called HIGHER HIGH AND LOWER LOW. It is quite possible that the strategy is known to you under a different name, as it belongs to the classic ones. The strategy is based on Price Action, i.e. on the price movement and no indicators are required. Nevertheless, indicators can be used for...
The Moving Average (MA) is a widely used tool in various markets. In simple words, Moving Averages (MA) are extra lines on the price chart of an asset. They look similar to the price chart but appear slightly delayed and smoother, without the ups and downs.
Moving Averages in Crypto.
Crypto and Moving Averages
In the world of cryptocurrency, we pay close...
Why jobs added or lost won’t have a big effect on the tech stock markets in the future
Every month, I get asked about NFP (Non-Farm Payrolls).
This is a barometer that comes out on the 1stFriday of every month.
It tells us one thing.
Whether the number of jobs were added or lost in the US economy for the previous month (excluding farming jobs).
Well let’s...
Hey traders,
As you asked me, in this educational post we will discuss some price action basics.
No matter whether you are a fundamental trader or a technical trader you should be able to execute trend analysis.
You should always know where the market is going, if it is bullish or bearish.
One of the simplest ways to execute trend analysis is to...
If you have already taken the leap and started trading – You may skip this article and enjoy your day 😊
Beginner traders, I’m writing this for you!
Financial trading has never been more accessible, cheaper and innovative than ever before.
What you have available today, I once had to pay up to $10,000 a year. And some charting platforms cost up to $25,000 a...
The Wyckoff Method, pioneered by Richard Wyckoff, a prominent figure in the early 1900s stock market, remains a powerful technical analysis-based trading approach. This article delves into the intricacies of the Wyckoff Accumulation and Distribution phases, fundamental to this method.
Who was Richard Wyckoff?
Richard Wyckoff, a highly successful American...
How to trade channels after sharp moves, where there is a valid money flow in the market.
During this short video I just described one of very common and useful techniques that is applied for channel trading, which is for this video scalping, but it applies to all time frames.
Here you need to get confirmation and be patient for pull back, it is important to...
