Is US30 low at 34024 going to hold and confirm weekly bottom?(2)We have entered this trade on 4h confirmation bar and it went onto confirm the bottom on the daily timframe. However, the weekly bottom is yet to confirm. Let's see if it continues further upwards and go onto confirm the bottom on the weekly timeframe according to our smart money framework indicator.
US30(Long)
E - 34607
SL - 34023
T - To be confirmed(TBC)
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature section to access it
2.7 steps to achieve consistent trading performance
www.tradingview.com
3.7 steps for strategy construction
www.tradingview.com
Previous reference image
Learntrading
Is BTCUSD low at 25350 going to hold this time?(2)We had previously entered this trade on 4h confirmation bar and it went onto confirm the bottom on the daily timframe. However, the daily bottom did not hold to go onto confirm as a weekly bottom. We will wait for another potential bottom with volume backing the move before taking a trade. Key price structural level to look out for is 24756 as in the image.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature section to access it
2.7 steps to achieve consistent trading performance
www.tradingview.com
3.7 steps for strategy construction
www.tradingview.com
Previous reference image
Live Trading Session 236: Open Trades on GBP,DJ30 & moreIn this live trading session video,we look at our open positions and the potential trades setting up for the week on GBPUSD,S&P 500,Brent Oil,Bitcoin and many more.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1.Trader Starter Pack 5 day video course
Look at the our signature section to access it
2.7 steps to achieve consistent trading performance
www.tradingview.com
3.7 steps for strategy construction
www.tradingview.com
Is GBPUSD going to hit its daily target - Stretch principleThis trade we are looking at on GBPUSD is based on the stretch principle. We have entered on a pending order where the high was for today as in the chart image. We are taking the trade according to our smart money framework indicator and our trend alignment with the the higher timeframes.
E - 1.2690
SL - 1.2654
T - 1.2715
So far,it is going in our favour as it has taken out the upper stretch line which gives the bigger range from open(BRO) a higher probability to form in that direction. We will be tracking this move and managing it as we go along. Keep a look out for it traders.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1. 7 steps to achieve consistent trading performance
www.tradingview.com
2.7 steps for strategy construction
www.tradingview.com
3.Stretch principle videos
Refer to related ideas links as below
Is US30 low at 34023 going to hold and become a weekly P1?We have entered on 4h confirmation bar and as of this week, the 4h bottom has gone onto confirm the bottom on the daily timframe. Let's see if it continues further upwards and go onto confirm the bottom on the weekly timeframe according to our smart money framework indicator.
US30(Long)
E - 34607
SL - 34023
T - To be confirmed(TBC)
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1. 7 steps to achieve consistent trading performance
www.tradingview.com
2.7 steps for strategy construction
www.tradingview.com
Previous reference image
Volume spike on 4h chart
Is BTCUSD low at 25350 going to hold this time?We have entered on 4h confirmation bar and as of tuesday this week, the 4h bottom has gone onto confirm on the daily timframe. Let's see if it continues further upwards and go onto confirm the bottom on the weekly timeframe according to our smart money framework indicator.
BTCUSD(Long)
E - 26626
SL - 25827
T - To be confirmed(TBC)
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1. 7 steps to achieve consistent trading performance
www.tradingview.com
2.7 steps for strategy construction
www.tradingview.com
Previous reference image
Is Brent going to hit its daily target - Stretch principleThis trade we are looking at on Brent oil is based on the stretch principle. We have entered on the close of the confirmation bar(the one with the dot) according to our smart money framework indicator and our trend alignment with the the higher timeframes.
E - 1.2643
SL - 1.2547
T - To be confirmed(TBC)
So far,it is going in our favour as it has taken out the upper stretch line which gives the bigger range from open(BRO) a higher probability to form in that direction. We will be tracking this move and managing it as we go along. Keep a look out for it traders.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1. 7 steps to achieve consistent trading performance
www.tradingview.com
2.7 steps for strategy construction
www.tradingview.com
3.Stretch principle videos
Refer to related ideas links as below
Is GBPUSD low at 1.2547 going to hold and become a W bottom(1)We have entered on a 4h bottom confirmation according to our smart money framework indicator and for it to go onto confirm the bottom on daily and then weekly.
E - 1.2643
SL - 1.2547
T - To be confirmed(TBC)
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
To understand our ideas and videos better,we highly recommend watching our following stream videos:
1. 7 steps to achieve consistent trading performance
www.tradingview.com
2.7 steps for strategy construction
www.tradingview.com
Is E-mini futures 15min bottom going to hold for Daily RangeWe are looking at a potential entry on 5min bottom confirmation by the Smart Money and the VSA lite indicator. It is supported by the volume spikes as you can see on the chart image for the 15min bottom to hold. We are looking for price to go upward and hit the target in regards to capturing the daily ATR range. Reference videos to watch are the stretch principle videos originated by institutional quant traders which are included below.
Is GBPUSD low at 1.2616 going to hold and become a W bottom(4)This is in reference to our previous idea of us entering on the 4H timeframe bottom confirmation towards a daily bottom and then a weekly bottom to confirm. It was entered based on price and volume spread analysis rationale and the cycle framework methodology by the smart money indicator. Please refer to our reference videos below.
As of today, the daily bar seems to be going against us. At this moment,most traders will panic and look to bail out of the trade. However, when you know your strategy rules and its edge over the law of numbers, you will stick in the trade. In this trade, till the potential daily bottom (as in the image below) is taken out, trade is still valid. We can look for potential trailing levels looking at the 4h timeframe.
Let's wait and see. Patience is virtue.
P.S. Remember that the principles from these ideas can be cross transferred to any strategy.
US30 weekly top overdue for a UT P2 moveWe are waiting for the the top to confirm on the weekly timeframe on US30. Once top confirms, this will be a weekly P2 move on US30. Then we will be looking at the daily timeframe for bottom confirmations to ride the P1 move on weekly. We are following the smart money framework based on cycles and the volume spread analysis methodology to capture the turning points in the market and to ride the big runners.
Please refer to our previous live stream video series on the cycle framework methodology.
Is GBPUSD low at 1.2616 going to hold and become a W bottom(3)This is in reference to our previous idea of us entering on the 4H timeframe bottom confirmation towards a daily bottom and then a weekly bottom to confirm. It was entered based on price and volume spread analysis rationale.
As of today,the daily bar seems to be going in our favour for the 4th day in a row. Let us see if the bottom confirms on the daily today according to the Smart Money framework and indicator.
If it does, we would have got the 1st part right of the 4h bottom confirming to become the daily bottom and then the last part which we need to see if it goes to confirm the weekly bottom.
Refn Images as below.
Waiting for EURUSD weekly top to confirm before trading P1 moveWe are looking to capture a weekly P1 move on EURUSD after the top confirms on the weekly timeframe. We are following the smart money framework based on cycles and the volume spread analysis methodology to catpure the turning points in the market and to ride the big runners.
Is GBPUSD low at 1.2616 going to hold and become a W bottom(2)This is in reference to our previous idea of us entering on the 4H timeframe bottom confirmation towards a daily bottom and then a weekly bottom to confirm. It was entered based on price and volume spread analysis rationale. Let us check and see if the bottom confirms today according to the smart money framework. So far, the daily is going in our favour.:)
Refn Images as below.
Is BTCUSD low at 28477 going to hold and become a weekly bottom We are looking at a potential entry on daily seller bar high to be taken out for price to continue further upwards and go onto confirm the bottom on daily and then weekly according to our smart money framework indicator.
BTCUSD(Long)
E - 30035
SL - 28476
T - To be confirmed(TBC)
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
Is GBPUSD low at 1.2616 going to hold and become a weekly bottomWe are looking at a potential entry on 4h bottom confirmation according to our smart money framework indicator and for it to go onto confirm the bottom on daily and then weekly.
E - 1.2711
SL - 1.2615
T - To be confirmed(TBC)
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
Learn to Read the Strength of the Candlestick | Trading Educati
What it is?
Candlestick rejection strategy is a pure price action swing trading strategy. It makes use of the concept of price rejection or candlestick rejection patterns to invalidate counter-trend momentum for a trade continuation.
By applying such candlestick rejection strategy onto swing trading, it allows trades to capture spots at which market prices are at rest during retracements before rejoining back the existing dominant trend.
How to use?
Some trade recommendation for such candlestick rejection strategy is to use it as a candlestick rejection pattern on counter-trend moves. This means that we pick candlestick rejection pattern only for the sake of searching for breakout continuation with the dominant trend at counter trend waves.Entry can be made after the breakout occurs at the high or low of The Mother Bar and stop loss order can be placed at the opposing breakout side's high or low.
Further trade help can also be incorporated to help increase the trade's probability of success. For instance, it can be used together with other technical tools such as dynamic moving averages and Fibonacci retracement tool. Some may even want to consolidate other trading strategies to further increase trade’s probability of success.
✅LIKE AND COMMENT MY IDEAS✅
Please, like this post and subscribe to our tradingview page!👍
Leverage in Forex Trading | Your Main Tool
“Leverage” means using a small amount of your own money in order to control a much larger amount of money. Typically, you borrow the remaining amount through your broker.
For example, say you want to control a $50,000 position. Your broker might put aside $500 of your own money and borrow the remainder. You now have control over the $50,000 with just $500 from your own account, so your leverage ratio is 100:1.
Now, let’s say the $50,000 investment rises by $500, so the full position is now worth $50,500. If you were liable for the full $50,000 (representing a 1:1 ratio), this is only a 1% return on your investment. However, since you only put in $500 of your own capital, the $500 increase represents a 100% return on your investment – that’s way more exciting!
Now, it’s important to understand that this cuts both ways. If you lost $500 instead of gaining $500, you would see a -100% return on your investment. Yikes! If you had a 1:1 ratio and put in the full $50,000 you would only see a -1% return.
How Much Can You Leverage in Forex?
Before you open an account with a broker, you’ll want to check the maximum leverage ratio that you’ll be able to use. The higher the ratio, the bigger your potential gains or losses. Brokers will usually offer 50:1, 100:1, 200:1, or 400:1 ratios.
A typical ratio on a standard lot account is 100:1, and a mini lot account will often offer a 200:1 ratio. If you start trading at 400:1, be wary of using small deposits to control large capital, as these can disappear quickly with the volatility of large sums. Lower leverage keeps you safer from mistakes, while higher leverage could bring in higher rewards.
How Leverage Affects Your Trading ✅
As we’ve seen, leverage is a powerful tool that can help you win big in the forex market. You can use less capital to control greater positions, giving you flexibility and amplifying your profits. However, it can just as easily amplify your losses.
At very high levels, leverage starts to damage your odds of success. Transaction costs represent a higher percentage of your margin the greater your position is. This means that transaction costs already put you at a disadvantage with excessively high leverage.
Like, comment and subscribe to boost your trading!
Hey traders, let me know what subject do you want to dive in in the next post?
WHAT IS LEVERAGE IN FOREX?
“Leverage” means using a small amount of your own money in order to control a much larger amount of money. Typically, you borrow the remaining amount through your broker.
For example, say you want to control a $50,000 position. Your broker might put aside $500 of your own money and borrow the remainder. You now have control over the $50,000 with just $500 from your own account, so your leverage ratio is 100:1.
Now, let’s say the $50,000 investment rises by $500, so the full position is now worth $50,500. If you were liable for the full $50,000 (representing a 1:1 ratio), this is only a 1% return on your investment. However, since you only put in $500 of your own capital, the $500 increase represents a 100% return on your investment – that’s way more exciting!
Now, it’s important to understand that this cuts both ways. If you lost $500 instead of gaining $500, you would see a -100% return on your investment. Yikes! If you had a 1:1 ratio and put in the full $50,000 you would only see a -1% return.
How Much Can You Leverage in Forex?
Before you open an account with a broker, you’ll want to check the maximum leverage ratio that you’ll be able to use. The higher the ratio, the bigger your potential gains or losses. Brokers will usually offer 50:1, 100:1, 200:1, or 400:1 ratios.
A typical ratio on a standard lot account is 100:1, and a mini lot account will often offer a 200:1 ratio. If you start trading at 400:1, be wary of using small deposits to control large capital, as these can disappear quickly with the volatility of large sums. Lower leverage keeps you safer from mistakes, while higher leverage could bring in higher rewards.
How Leverage Affects Your Trading ✅
As we’ve seen, leverage is a powerful tool that can help you win big in the forex market. You can use less capital to control greater positions, giving you flexibility and amplifying your profits. However, it can just as easily amplify your losses.
At very high levels, leverage starts to damage your odds of success. Transaction costs represent a higher percentage of your margin the greater your position is. This means that transaction costs already put you at a disadvantage with excessively high leverage.
Candlestick Rejection Strategy!
What it is?
Candlestick rejection strategy is a pure price action swing trading strategy. It makes use of the concept of price rejection or candlestick rejection patterns to invalidate counter-trend momentum for a trade continuation.
By applying such candlestick rejection strategy onto swing trading, it allows trades to capture spots at which market prices are at rest during retracements before rejoining back the existing dominant trend.
How to use?
Some trade recommendation for such candlestick rejection strategy is to use it as a candlestick rejection pattern on counter-trend moves. This means that we pick candlestick rejection pattern only for the sake of searching for breakout continuation with the dominant trend at counter trend waves.Entry can be made after the breakout occurs at the high or low of The Mother Bar and stop loss order can be placed at the opposing breakout side's high or low.
Further trade help can also be incorporated to help increase the trade's probability of success. For instance, it can be used together with other technical tools such as dynamic moving averages and Fibonacci retracement tool. Some may even want to consolidate other trading strategies to further increase trade’s probability of success.
Thank you for reading, we hope you enjoyed our educational effort!