Intro I tried to talk through stop-loss placement in 3 minutes here. I do not think justice was done. So let's take a look at exactly what I mean when I say "Let Your Trade Cook". Proper stop-loss placement is critical to a successful trading plan. Don't Place Your Stop Like Everyone Else You are guilty of this, if you have been stopped out many times just...
This video goes into depth on the types of market structures and how they happen. Ranging -> Breakout (Spike) -> Channel (trend or a ranging trend) -> Climax. The market moves in these repeatable patterns over and over and over again. If you can diagnose where we are in these cycles then you can harness this skill to improve your trading.
How I trade the candles. There is more not mentioned in the video but for the most part these are the basic steps I take 1st before diving into look for more confluences to help me decide during a trade.
Hey Guys! As you guys know, for the past 2 weeks I've been taking multiple trades on the Nzd/usd, both short and long. First I was taking short trades with the daily short bias, then long trades along with the bias change into long on the daily chart. In this video, I explain how I knew the daily bias has changed into long thus aborted my initial short entry...
No April Fools joke here , the first card I pulled off the top of my Trader Tarot Deck (thanks @TradingView) was the KING OF FUTURES. Maybe there is something to this Tarot thing?
Finding Trends in the market is a tool needed to stay on the right side of the trade. Here I attempt to help you out by giving some tips that I have found through my 7 years of looking at the charts. I have noticed that while the focus is on the avg close of the markets that isn't where trends take place in fact aiming for the avg is a good way to continuously...
Hello traders, Today i am highlighting how i identify a strong trending market, and at the same time applying strong supply and demand areas. I hope you guys enjoy my content, if so please like, comment and follow my channel. Safe Trading.
There are many ways to identify when a trend is about to reverse. In this video will show two. Decreasing momentum and MACD divergence in price.
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum . You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my...