Many people think that trading is just a technical analysis. If not! Carefully check the pyramid above and read the description. If you also have experience with trading success, share it in the comments. Thanks !
This is just a quick tip on creating a measured move tool. If you're like me (having to work things out alone the slow way by trial and error) then you probably messed around with trend lines making a mess of the chart and it always being a faff to work out measured moves, which I use pretty religiously in setting profit targets and goals. However, no more...
🟢USDT's dominance bounced from the uptrend line support to form a twin floor pattern and is now above the neckline of this pattern, which also acts as a support. If the retest is successful, it is expected to move upwards, which will be a sign of decline for the market because the USDT and BTC dominance are inversely related to each other. Use the appropriate loss...
In all markets buyers and sellers are fighting to find fair price. If price becomes oversold or overbought, the other side of the market will enter and tries to find fair price. Markets are either in Trend or Trading Range . Trend is one sided trading phase and trading range is 2 sided trading phase where both sellers and buyers are active. Trading Range phase...
We have two flags in trading: First: Horizontal flags (Trading Range). These flags are the strongest type of flag. Horizontal flags indicate that the opposite side of the trend is incapable of creating a highs/lows opposite trend. Second: Flag with minor highs/lows. This type of flag is weaker than the first one. The opposite side of the trend was able to create...
Hey! Hope you are well! In this selection, there is a showing of the use of angles to measure the passage of time and price. In the first chart, the 30 minute chart, there is 40 units of time, and 40 units of price. The angle that is correspondent with this ratio spans to the end of the enclosed trend. In the next chart, the four minute chart, there is 40 units...
Hey! Good day to you! In this chart, the resolution is not matched; the native is this chart. There is a 90 degree angle going down from the first impulse, and the intersection of the angle and the zero angle time the top. There is a 90 degree angle going down from the next impulse, and the intersection of the angle and zero time the next...
In the starting days of my trading I was also searching for the holy grails and trust me , I blow my 80% of account to using all these holy grails and when I started to keep trading simple with only 3 points that are - 1) TREND 2) MARKET STRUCTURE 3) PRICE ACTION then it become so easier to be a successful trader and will only suggest you to work on it either...
Hello All, This video was made to show how to use Trend Lines Pro indicator and options in it are explained. If you have questions please drop a comment under the video. Thank you for watching it! Enjoy!
It's all in the text boxes. I''m still a novice with APs, so take it with a grain of salt. But, that's pretty much the gist of pitchforks. The artistry is in identifying two things. First, the proper datapoints for the anchor and tine points. Second, which frickin' version fits price action - original, schiff, modified schiff, or inside. If you are a...
Price closed above horizontal support resistance level. Set Buy Limit Order. Set entry at horizontal level. Note: Trend is up; Horizontal Level has 4 touches. EMA 10 EMA 20 has a positive slope.
Price closed above 90.334. Now, wait for a price action signal at 90.334. First price action signal is engulfing candlestick. Enter at 90.505. Second price action signal is engulfing candlestick. Enter at 90.538. Set Take Profit at 91.185. Set Stop Loss at 90.312. The Reward:Risk Ratio is 2.86. Note: The EMA 10, EMA 20, and Trend Line have a...
After the broken trend channel, we are looking for an opportunity to trade at 0.50 and 0.618 fibonacci levels. You can search for withdrawals for safer transactions. Stop loss above 0.382 Fibonacci level, take profit levels 1.618 Fibonacci level. Kırılan trend kanalının ardından 0,50 ve 0,618 fibonacci seviyelerinde işlem yapma fırsatı arıyoruz. Daha güvenli...
According to the chart, we see how the classic lines of resistance and support and trend lines work well. Anyone who wants to open a trade can benefit with the simplest lines.
Hello Traders, This video provides a brief explanation on the latest indicator Auto TrendLines and Support Resistance-Ultimate Most of the things about settings is already available in the description. Hope you enjoy the video and learn few things from it. Merry Christmas and Wish you happy new year :)
Hi everyone, Today I would like to share a piece of knowledge on parabolic growth and poor market structures. Let us take a look at NYSE:NET Cloudflare stock. This was an attractive buy back in 2020. As always, nobody saw that until everyone started screaming about this stock on Twitter. I saw an opportunity in investing into Cloudflare later in 2021 for a...
Enter at 161.89 Exit at 170.29 Stop Loss at 159.00 EMA 10 Close Price: 162.57 EMA 20 Close Price: 161.01 Close Price: 161.89 Trend Line Price: 159.00