Hi traders!
I have long wanted to share the simplest trading strategy, which is suitable for both experienced and beginners.
The easiest way to trade EURUSD is to trade channels + support and resistance lines.
1. How to find a channel.
As you can see from the chart, over the past 6 years (immediately after Brexit), the price has always been in a channel.
You...
"met a whale yesterday, he told me to HODL, never fall for FOMO and just keep my diamond hands."
Do you understand this sentence?
Learning about crypto requires a certain level of adaptation of one’s lingo. Many commonplace words like whale and moon, have different meanings in the crypto context. It’s important to know the meaning behind these terms, especially...
The Fibonacci ratios are widely used among traders to help identify potential areas of reversal in the movement of price action.
The Trend-based Fibonacci Extension tool utilizes three points on a previously identified trend in order to draw the Fib ratios on the chart.
In the chart above, price was rejected twice at the ~$35.50 level, forming a double top...
We have recently been discussing Crypto more and more & wanted to put together a quick summary of some mentioned in the image. In some instances, there is not much of an analysis to be done on them.
So here's a few interesting stories to close out this week.
One of the big moves this week was Doge overtaking XRP in terms of market cap. This is actually...
Retail traders have been primarily momentum and trend based, so with this in mind, lets keep it simple and look at the longer-term uptrend and assess price action around this support in the near-term. Perhaps Musk can pull it out of the bag and promote a resumption of the bull trend, but the headwinds are growing and if they lose the momo crowd, the shorts could...
The Raff Regression Channel (RRC)
The Raff Regression Channel , developed by Gilbert Raff, is based on a linear regression, which is the least-squares line-of-best-fit for a price series, with evenly spaced trend lines above and below . The width of the channel is set by determining the high or low that is the furthest from the linear regression.
Because...
Following price action is at the core of markets. One glance at a chart can show you a trend, trade idea, or serve as a quick way to check the holdings in your portfolio.
Candlestick charts are one of the most popular ways to look at price action. A single candlestick shows the high, low, open, and close for a specific time period. This means that a lot of price...
Netflix was obviously a big beneficiary of last year’s pandemic. It was one of the first to break out (mid-April) and one of the first to peak (early July). Now it may be at risk of breaking down and having a deeper pullback.
The first and most important thing on this chart is the bearish gap after the last earnings report. Profit and revenue beat as management...
Add your own trades/finds in the comment section of Epic Trades , whether your own or one of the - preferably lesser know - feats.
Charts Only(!!) , please. (Comments go into the charts)
Here are a few to start it off;
All of the following trades were executed with >$1 Million US and lasted <12 months
Hi,
...and here it is, finally. Sorry for the short delay, had a birthday of my child. He became one year old - whooopwhooop :)
Firstly, I would like to thank you all for answering in the comment section. My first idea post over 1000 likes and more than 700 comments , thank you for making this series so awesome, hopefully, it will continue for a long...
Hello Traders,
Here i am highlighting what support and resistance is, also i go on to show you how i look at support & resistance and how it fits into my trade plan as a pattern trader.
I aim to simplify how a beginner looks at the market, and show them how to identify important areas within the market.
I hope you enjoy my content, if so please like and follow...
Credit to Lyn Alden on Twitter for the idea for this chart. As she quipped when she posted a similar chart, inflation is low... as long as you don't buy food, or a house, or commodities.
CPI inflation has been unusually low for the last decade
From 2010 to 2019, CPI (the Consumer Price Index, a popular measure of inflation) averaged 1.73%. That's a...
Hello Traders
This video is for someone who is new to trading and would like a little knowledge, even if you have been trading for a while you might still find this beneficial
I hope you like the content, if so please like and follow my channel.
Safe Trading.
Hi,
The monthly tradition continues, comment of TWO of your favorite altcoin, not ten not five, TWO :), hit the LIKE button, click follow to get the analysis of them as fast as possible, and you will get your favorite coins into the list!
As always, Top mentioned altcoins get analyzed, pointing out breakout areas and if they get a correction then pointing out...
What is an Impulse?
An impulse is defined as a strong move whereby the market moves quite strongly or heavily in one direction, covering a great distance in a short period of time.
Typically, when there's a trend reversal occurring, we require an impulse in the opposite direction of the trend, indicating to us that there's a possible trend reversal. The...
What is an Impulse?
An impulse is defined as a strong move whereby the market moves quite strongly or heavily in one direction, covering a great distance in a short period of time.
Typically, when there's a trend reversal occurring, we require an impulse in the opposite direction of the trend, indicating to us that there's a possible trend reversal. The...
Bitcoin (BTCUSD) continues to do great and a new All-Time High (ATH) has been hit today, with more to come...
But, what will happen to the Altcoins?
How do we approach this market correction?
The altcoins and altcoins market has been growing massively since the year 2021 started.
Bitcoin took 2020 by storm but as we reached 2021 the Altcoins also joined the...
The end of April brings a selling opportunity, historically near the FOMC statement and the bulk of tech earnings. This week we had the bulk of tech earnings with FAANMG + TSLA reporting. Combined with the FOMC catalyst I believe this is a great opportunity to either go to cash, or short the markets.
The day after the FOMC SPY posted a Hanging Man top. This...
