In the dynamic world of forex trading, strategies that cater to the ever-changing market conditions are invaluable. While fundamental analysis is widely embraced in stock trading, its effectiveness in the forex market is often questioned. Unlike the stock market, where financial statements can significantly impact individual stocks, the forex market is influenced...
What does it consist of?
It consists primarily of 3 candles, and the fourth one is where we will enter the operation. In a bearish scenario the High of 2nd candle must be higher than the high of the 1st candle. The high of the 3er candle must be below the high of the 2nd candle. The 4th candle must re test the point of origin of the 3er candle.
How can you use...
Today I’ll be talking about what is Dollar Cost Averaging (DCA) and how is it used in trading.
i will also shine a light on what importance it holds
What is dollar-cost averaging (DCA):
It is an investment strategy in which you invest a fixed small amount of money at regular intervals.
This allows you to take benefit of a market bearish without...
Hey Traders!
Above is a brief video in which i explain a simple way to find strong support and resistance zones using the moving average indicator starting from bigger timeframes to smaller ones.
i hope this video is useful for you!
let us know your questions in the comment section!
Joe.
..I advocate that you focus on eliminating your biggest errors, rather than trying to acquire new knowledge..
..It may feel like you are taking a step back, but this is a very useful heuristic for learning, because you are always acutely aware of what your biggest leaks are, and it is a much more efficient way to progress. When you constantly chop off your...
In this post, I am not referring to physics and math equations and probabilities, I'm just saying that the Display method of the probability of a numerical event is between 0 and 1,
and just for easy recall in tutorials, I consider a number between 0 and 100.
0 indicates impossibility and we know that 100 indicates certainty.
Therefore, will explain this price...
They make it look easy, posting lifestyle posts all over your Instagram feed.⠀
⠀
Truth is, that's not real. 😒 Sorry.⠀
With that being said lets break this down into reason you should and shouldn't trade forex.
The reason I'm covering this as a forex idea is I am predominantly a forex trader and made my way to where I am trading forex.
This however does apply...
I would very much like to share with you my knowledge about the behavior of large players in the market,
how to notice them and how to use it.
It's very interesting and in fact you can talk about it for a very long time,
people have been studying these strategies for years.
I will try to explain the simplest first, this will be the first part.
If you look at...
Analysis-Paralysis In Trading This is an article I’ve been avoiding. Maybe it’s cos’ I’m guilty of it.
You know, A bunch of knowledge makes—jack cross the rubicon.
It’s December 1, 1990. ugh… what a glorious day! I mean—I’m grateful I survived. Are you? (rhetorically—cos’ I talk to myself a lot). Anyway, I finally get to attend “School of Candles” in...
One of the important parameters in the analysis
This domain was mentioned in the training explanations
There is a possibility of suffering
Therefore, we will have a series of fluctuations
One of the reasons for the positive domain is the existence of hidden divergence
Hi traders!
As we said in the last article it’s kinda complicated problem to measure volatility. However, it’s one of the most important features of market. Any strategy directly depends on the volatility level of coin. Moreover, it provides signals of entry and exit. BB Width is one of the most accurate tool to measure volatility.
The Bollinger Band Width is...
1-caught by news
2-don’t have what it takes
3-cant read price action
4-wrong expectations
5-get killed by commissions
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
Introduction of Head and Shoulders Pattern
Technical analysis is a necessary thing to select the positions of perfect entry and exit. For that, There are many patterns available for trading, the head and shoulders pattern is one of them. This article is all about the head and shoulders pattern. In simple words, this pattern includes three triangles. The first...
MTL / BTC Work in the accumulation channel + from local trend lines. Important reversal areas.
For 9 months in the horizontal channel there were 5 pumps + 100% + 150% + 50% + 100% + 220%
In real work in the channel by averaging, you can take profits from 60% to 80% of each movement.
The coin is not a "promising technological derma" for believing crypto...
Support and resistance are essential levels for all traders in swing trading. Before one can start placing orders on the buy/sell side, these key levels will form the battlefield for buying or selling.
In the video above, I will show you how to identify the support and resistance levels for swing trading so that you can buy near the support and sell near the...
