Harmonic Patterns
EURCAD SHARK HARMONIC EXPLANATION EURCAD Shark Harmonic Pattern explained.
- This is a explanation video on how to identify the Shark Pattern along with the target points and stop loss
- Targets range from 30-60 PIPS
As always if you found this idea helpful, please let me know by hitting that like button and/or leaving me a comment below.
Also feel free to share your opinion on this setup, or other setups that you have on your radar for the EURCAD. The more ideas we can generate the more informative these ideas become for newer traders.
~T$
THE BEAST ANALYSIS + Other Pairs Overview Dear traders,
Getting ready for the next week battle :
in this video i'm sharing my charting for DXY and other pairs
My impression is that The Dollar is very Bullish but located @ Supply zone ( that been pierced tested many times now deeper into the zone )
the zone is @ D Completion of Bearish Gartley Pattern !!!! Watch it closely because right on top of it we have a Bearish shark pattern waiting @ 98.28- 9854 @ MLSR
Other currency pairs overview to find out in the video
If you guys enjoyed this video , Kindly leave your comments your thoughts
you can follow me here for more content, if you want to learn more how to approach the forex market with the methodology i'm using, plz drop me a message for more educational posts
Thank you.
courage.
TEZOS WATCH (visual demo only)Market may be making some big moves, it is at a point where it usually bounces off the 200 EMA line on the 105 view.
If market bounces off at usually spot, I am not convinced any bounce here will be significant to the upside due to channel formation that should eventually break to the downside in my opinion.
Also a double top formation is another possible prep for a reversal.
Market is new to platforms and typically when an altcoin comes into market and generally heads up, it tends to eventually break down and often to make new lows in comparison to the beginning of it's market cycle.
Watch market closely, if you're in Tezos buy, consider your exit and/or sell entries.
Channel formation best view 12hours.
Best to observe 200 EMA on 105 view to observe market bounce off from this.
Other EMAs in use are 50 and 100.
All ideas are for informative purposes only, trade at your own risk.
3 RULES WHALES DON'T WANT YOU TO KNOW BEFORE DAY TRADING BITCOINWelcome back everybody,
Thanks for the 587 likes on my previous video. I hope i can help you out in this video as much as i possibly can as well.
In this video, we have talked about 3 RULES THAT YOU NEED TO KNOW BEFORE DAY TRADING BITCOIN.
The first rule is HAVING A TRADING PLAN . It is the most important one of all. If you don't have a plan, you will simply be eaten by Megalodons (Rational Investors/Traders). The plan must have trading setups (specific patterns on indicators or price/volume action, network data indicators such as Unique wallet addresses, or fundamental news like halving events, government policies). These setups will be your why to buy or sell. The trading plan should also have how much are you willing to risk and how you will manage this risk (stops/targets) This risk/reward ratio that you want to follow needs to be at least two. It can be smaller than two depending on what is your percent profitability with your trading setups.
The second rule is OBEYING YOUR PLAN . You always need to obey the plan to completely remove any and all emotions. This is another important rule because we are all emotional beings. We need to make sure how we will completely remove our emotions while trading or investing. Are you going to meditate before you start trading and have a check list before you put any trades? Are you going go heavy on the coffee 5 days a week to be completely focused on your plan and take a 2 day tolerance break? Are you going to go for a hike every morning before the market open?
Another important point with this rule is that "If you could find yourself another motivator other than money, you will be more successful." For me, i love to help people. I trade everyday to teach people, so that, they will NEVER experience the hard times that i have gone through when i first started trading. It might be something else for you, something that you can achieve with money. It should preferably be something you are really passionate about.
The third rule is RE-ADJUSTING YOUR PLAN . No one knows what is going to happen tomorrow. If the plan is not working, then, re-adjust your plan. You need to figure out where your trading plan had failed you. Was it your setups that did not work more than 50% of the time? Was it the risk/reward ratio? Did you fail to obey your trading plan? Did you drink coffee 7 days a week to trade 13 hours a day and became too emotional? You really need to figure the missing part here, then, re-adjust your trading plan.
I hope this was helpful and i really appreciate you all! [
Don't forget to drop a like if you enjoyed.
~Bo
Megalodon Trading
Enlightening the modern investors
Orderblocks and Liquidity VoidsIn this tutorial, I give a brief description on how to determine high probability orderblocks using the knowledge of liquidity voids.
By the end of this video, you should be able to pin point a bullish or a bearish orderblock which has a very high probability of holding support or resistance respectively.
You will also be able to mark out inefficiencies in the market place which are targeted by market makers to be filled later on, and how they utilize these inefficiencies to "Engineer" liquidity to fill orders for institutional investors.
Cheers!
Elliott Wave Education PostIt is said that Ralph Nelson Elliott developed the Elliott Wave Theory in the late 1920s. Elliott believed that stock markets, generally thought to behave in a somewhat chaotic manner, in fact traded in cycles.
Elliot Wave has strong links to Fibbonacci as this video will explain:
FIB-Extensions and why you might use them wrong!#Cypher-Pattern!Hey guys,
here is my last video about FIBONACCI and its extensions. :-)
No offens to those you use it in a wrong way -I did the same mistake!
I just wanna show you how you should do it and wanna help you to improve your trading. :-)
If you don`t really understand why, just check the first Video of my Fibinacco-series.
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? Need more education or signals? PM mw. :-)
When has a HARMONIC Pattern "Worked"????In this video I explain what I was taught in terms of a Harmonic pattern "working". In this example I initially look at a BAT pattern and I walk you through what it means for it to "work" and later on I show the same for a GARTLEY pattern.
In essence when price turns at D, you can consider the pattern having worked once price passes A. You can take profit or even exit the trade before that, but that has more to do with an individuals trade management, in this case I am specifically focusing on what I understand as a Harmonic pattern "working".
Hope this helps.