In the seemingly chaotic world of the financial markets, a beacon of structure and predictability shines through in the form of fractal patterns. Bill Williams, the godfather of fractal theory, elegantly stated, "The market's chaotic nature can be first tamed and then mastered by understanding its underlying structure, revealed by Fractals, which are the...
Bitcoin (BTC) price is up 2%, with the rest of the crypto market flashing green in what can easily be assumed to be a weekend rally. However, the capital inflow comes after US President Joe Biden and Republican Kevin McCarthy reached the "agreement in principle" to raise the federal government's multi-trillion dollar debt ceiling. Bitcoin capital inflow as US...
Hello my friends! The most famous figure of technical analysis in the world. It consists of three tops, where the middle one is the highest. Accordingly, two shoulders and one head. The neckline in this case connects the two minimum values of the extreme top. ✳️ Pattern Breakdown The Head & Shoulders pattern is a common psychological pattern of market players...
You need to really watch this video it will show you exactly how professional traders think you will not find this information anywhere so pay attention and watch this video more than once to really get it Because professional Traders Know This Cheers, Lubosi Forex
My super simple 1m chart hyper scalping strategy that has been killing it for the last couple of weeks .. enjoy. Whats up gold gang .. thought id hop on here with a tutorial on how i trade my key levels on the 1 min chart. Firstly, this is a no bias strategy .. so we can take buys or sells depending how price reacts at the levels. High volume is a must here so...
✅Why Be Interested? The strong dollar has been getting a lot of attention lately. Some U.S. companies are blaming the strong U.S. dollar for lackluster earnings, while economists say it's helping the Federal Reserve’s ongoing fight against high inflation. But how do you know when the dollar is strong or weak? That’s the job of the U.S. Dollar Index...
📍 Understanding an Uptrend An upward trend provides investors with an opportunity to profit from rising asset prices. Selling an asset once it has failed to create a higher peak and trough is one of the most effective ways to avoid large losses that can result from a change in trend. Some technical traders utilize trendlines to identify an uptrend and spot...
Hey Friends, let's dive into the captivating world of bull and bear traps. These traps can be quite the wild ride, so buckle up and get ready for some trading knowledge! A bull trap, my friends, is a sneaky maneuver by the market. It lures unsuspecting traders into believing there's a bullish breakout on the horizon. But guess what? It's a trap! The price quickly...
Candlestick patterns play a key role in quantitative trading strategies owing to the simple pattern formation and ease of reading the same. For using candlestick patterns, you only need to have a basic understanding of how the candlesticks are formed. Also having some idea about the various ways in which these candlesticks can be interpreted would be...
This demonstrates a very high win rate concept in forex. Failure to return and First time back. Always watch out for pivot points that make a new high or low as these act as zones for price to react to upon their return. When price returns for the first time tp these price points, high win rate trades can be taken with good risk management.
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (USDT chart) (USDC chart) Looking at the USDT chart, it can be seen that a lot of money is flowing into the coin market, rising above the previous high of 82.467B. However, if you look at...
This technique maximizes the estimation of a risk-on asset of interest, by monitoring capital movements from other markets. I've linked a post in which I explain this theory in more detail. Thank you! San
Hello everybody! 👋 🤗. Today we are going to learn about the 123 chart pattern. The 123 pattern is a typical reversal pattern that traders use to identify if an existing trend might change. These patterns can be a signal to enter the market. At the peaks or bottoms of the market trend, you can see 123-patterns, which signal a change in the trend. Sometimes they...
The reason for combining the baseline with SMA is that the baseline provides a good signal for price continuation, while the crossover gives a solid and reliable signal for entering a trade. This signal also helps to identify a suitable point for placing your stop loss. To use this signal, you must wait for the crossover and then enter the trade after the first...
This is a video explaining how you can apply multi-time frame (MTF) analysis to trading.
ChatGPT is an advanced language model that can help you write code more efficiently and accurately. By using ChatGPT, you can generate high-quality Pinescript code without the need for extensive coding knowledge or experience. In this article, we will focus on using the free version of ChatGPT to code Pinescript indicators and strategies. We'll provide...
A very warm welcome to this video which is all about the 3 Essentials to Start Trading . This is for all of you out there that may be new to trading, that haven’t got a feel for the market yet and haven’t got started and maybe you’re asking yourself ‘What is it I need to do now to get myself up and running?’ We found out of the 20,000 plus traders that we’ve...
Trading is the easiest hardest way to become financially free. You need to follow a simple approach and then have the discipline to do it again and again for the rest of your life. It can at first be a daunting task because you have to implement an element of risk. But before you know it, you’ll be free from your financial shackles and struggle. Here are five...