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Technical

Meet Percy - 'YOUR' new Trading E-Mentor - he's cool......Percy is a great guy... he can be a girl too and you can call him or her whatever you wish. I just chose the name Percy, I think its quirky. :-) BUT .... Percy can help you like he helps me - Let me introduce you to him. He tells me when to enter a trade, when to close a trade, what lot size to use - he helps me stay on track when I feel like closing early (Percy hasn't closed so I shouldn't) he helps me ignore them voices of increasing my risk. Percy works incredibly hard, he has back tested over 4200 trades to help me identify my edge in the market. Percy is simply a legend, I trust him, I have confidence in him and I follow his lead. Get a Percy. Regards Darren
Education
by pow_removetheguesswork
3
Scalping opportunity on the 1m/3m/5m timeframes .....Those that like to scalp or want to learn can using our strategy. Its very clear to see how to follow price as shown - also our members can test using our strategy tester and hone in on the settings and parameters even further. However, this video is just showing standard settings. Either follow price or use the labels for SL and TP targets. Part close at TP2 and leave TP3 until the reverse signal or SL to entry, could work too. Lots of different ways to manage the position once you are in - even taking 15 pips a time would have worked a treat. Regards Darren Blue FX
Education
by pow_removetheguesswork
4
Blue FX Strategy v3 - letting winners run is key!An explanation into V3 and the differences that are designed to help you the trader, in execution, convenience, efficiency, trading psychology and ultimately profitability. Improvements made; Lot size calculator Pips in brackets Back testing functionality Customisable settings Stop loss and Take Profit labels visible on all time frames and more! Its all there - explained in the video traders. Thank you. Regards Darren
Education
by pow_removetheguesswork
Blue FX Trend Strategy V1 - how does it work?Video explanation on V1 - how it works and how to use it. We will next explain V2 and V3. We have developed the initial strategy very quickly and these videos will explain the changes and help you the trader, find the right tool for you. There is no one size fits all approach, but fundamentally our strategy is based on you being the right side of the market and to encourage you to let your winning trades run. Cut losers, let winners run. Sometimes the best trade to take is the one you are already in! Learn to spot a ranging market and have patience in your execution on a break out and you will vastly improve the statistics here too. Full back testing functionality on just trend following - BUT scroll left and test easily too with a Fixed Stop Loss (SL) and Take Profit (TP). Custom settings can improve or decrease performance across all pairs. Regards Darren
Education
by pow_removetheguesswork
Weekly recap Part 1 - how to be more selective with our tradesWeekly recap, we got cut short at the end so watch out for Part 2! We are focusing on checking the below to remove moving forward some of the losing trades that weren't valid for last week; - Did the H4 break the ema cleanly for the new signal to be valid? As shown this was not the case on the GBP Buys for last week so they werent valid or probable. - Do the candles indicate trading volume, i.e. long bodied candles - or low volume small bodied candles (If so wait for the market to show it's hand) - Consider the market structure - is this is a pull back, could this be a false break of the ema on the H4 timeframe - if so wait for the next H4 candle to confirm, or wait for the pull back and retest on the H1 timeframe - When we have a consolidating price structure - consider the use of a buy stop or sell stop order to then catch the volatility in the direction of the signal - If the EMA is horiztonal and price stuck in range - wait for a new high or new low for the new trend to start - demonstrated in the video. I hope this helps our members take some more care into their entries - there are substantial opportunities weekly; we are afford to me a little more selective with checking the above. Regards Darren
Education
by pow_removetheguesswork
1
Why Price patterns work. Price patterns are patterns that were made by price based on the relationship between time and the movement of price on a price chart. They could be based on a single bar or candlestick, two or more, or even several bars or candlesticks. For now, I would be using just bars. They could be just for one session based on the timeframe or several sessions or days. The charts below illustrate some bars Single bars Multiple bars Some of the reasons why price patterns work are: 1. Prices are determined solely by people’s changing attitudes towards the emerging fundamentals. That means, prices are determined by psychology. Garfield Drew is quoted as saying that: “Stocks don’t sell for what they worth, but for what people think they are worth.” One recent example of people’s changing attitude is the recent selloff in gold that was experienced at the heart of the Covid-19 pandemic. People thought gold being a safe haven could rise rapidly in prices, but for two weeks between March 9 and March 19, the price of gold fell by 14%. 2. Market prices are not random events. People’s changing attitudes towards the value of an asset moves in trends and trends tend to perpetuate. An uptrend is expected to keep going up until the market psychology changes and the same for a downtrend. The shifts in these attitudes are usually captured by price patterns. GBPUSD chart below showing how a shift in trend due to market sentiment is captured by the 123 pattern and trendline very perfectly. A huge rally ensued. Notes on my observations: 1. Price patterns should not be used in isolation. When I trade price pattern I use confluence of the price pattern with support and resistance levels such as horizontal support and resistance, diagonal support and resistance from trendlines, and Fibonacci levels. 2. Also, you should take note of the underlying psychology that gave rise to the development of the price pattern. I generally trade pullbacks and reversal patterns because these give price actions that conform with the underlying psychology of the market in trends.
Education
by Emekadavid
💹Graphical technical analysis💹👋🏻Hi friends.☺ Glad to see you on my page! 🤗 👊🏻Today I decided to share with you another educational post.👊🏻 ⚡Continues the topic of TA methods. We consider each of them in more details. And start with the graphic method. 🧐 💹Graphical technical analysis is the analysis of various market graphical models formed by certain patterns of price movements on charts, with the goal of assuming the likelihood of a continuation or change of an existing trend. 📗 👉🏻Classical figures of technical analysis are divided into: 🤜🏻confirming a trend reversal; 🤜🏻confirming the continuation of the trend; 🤜🏻confirming the possibility of both a reversal and a continuation of the trend. Each model has its own specific mechanism of education and a certain graphic form. The dynamics of the volume of transactions is a confirming factor in the existence of a certain model. All models find an explanation from the point of view of the psychology of market participants. Despite the apparent simplicity of this method, it shows good results. The main disadvantage of this method is that it is very subjective. 🤜🏻 – TREND REVERSAL PATTERN 📌Head & Shoulders Pattern 📌Triple and double top ♦Triple Top it often happens that the third attempt is successful for breaking through support / resistance. ♦Double Top : after exiting the figure, market fluctuations are visible. At this time, the opening of long positions. 🤜🏻– CONTINUATION OF THE TREND 📌"Flag" 🤜🏻 – BILATERAL PATTERNS - POSSIBOLITY OF BOTH A REVERSAL AND CONTINUATIONA OF THE TREND Such figures have the appearance of a triangle and are divided into converging and diverging triangles. The triangle itself is the most common trend pattern. 📌Triangles These are not all possible figures of technical analysis. In the next post I'll tell you more.❤❤❤ I try very hard for you!🤗😍 If you noticed, that I put my soul into every post, put like me, I really appreciate you !!!☺☺☺ I'm very interested, how many people like my educational posts.🧐🧐🧐 I'll try even better for you !!!💋💋💋💋 With love😍😍😍 Your Rocket Bomb🚀💣 ⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡ 🔥🔥🔥🔥🔥🔥Homework:🔥🔥🔥🔥🔥🔥 find on the chart of any coin the patterns that I talked about in my post !!!
BITSTAMP:BTCUSDEducation
by RocketBomb
10
👨🏽‍🎨👩🏽‍🎨👨🏻‍🏫HOW TO MAKE TA IN 10 MIN 👨‍🏫👨🏻‍🎨🧑‍🎨Hello guys! In next 10 min I will teach you how to make TA! Really simple steps to create your TA. 4 useful tools to build your TA: -Trend Line -Head and Shoulders -Levels -Fibonacci ATTENTION: Dear followers please consider to appreciate my ideas on tradingview with your likes, this will help bring more quality content in next trading ideas. And if new to my work, and you like it, you can Follow my page to receive ideas in your Ideas Stream. Thanks 🤝😊 Stay tuned to Artem Crypto
WEducation
by ArtemFuturesTrading
17
Forget Bitcoin and watch this textbook TA!Away from the action on BTC and the S&P500, I'm making big profits on hidden gems, like this UK stock. A classic TA inverse head and shoulders setup! Straight out of the dusty textbooks. Strong volume on the left shoulder and weak volume on the right shoulder, just as it should be. I bought just above the breakout line. The breakout is clean, retests to a perfect level and then takes off like a rocket! Beautiful. (and highly profitable).
PEducation
by GlenGoodman
7
Reading NEWS Daily would make you a BETTER Trader Overall!Well, there are three types of traders we can come across and all of them believe their method of trading yields them profits, be it using only indicators and price action (Technical analyst) or reacting to news whilst trading (fundamental analyst) or trading according to market sentiment (sentimental Analyst)! In most circumstances we can only see that some traders lets take for instance technical analysis traders, they only perform their trades based on analysis of the charts by using patterns and indicators!. While there may be few traders who combine Both fundamental and technical analysis to execute their trades, most of them do NOT prefer to do this method particularly as they believe "its take a lot of effort to combine these two techniques which would eventually result in executing less trades when compared to using single method!" Whereas the above statement holds true, it can also be fairly said that the combination of the three techniques (technical, fundamental and sentimental analysis) gives a trader more confidence and trust in his/her analysis!. Take for example myself, i used to execute around 2 trades daily when i was basing my analysis solely on technical perspective. These days i only execute around 5 trades a MONTH due to i combine all these 3 techniques which gives me more confidence and trust in executing my trades! I also noticed that since my trades are high probability setups, my win rate is way better when i was using on technical analysis alone. These days i hardly do DAY trading as i spend most of the time reading news and chart analysis to find high probability trades on higher time frames (DAILY, WEEKLY & RARELY 4HR). What i have come to realize in all these years is that SWING trading gives me more accurate results and high win percentage. I do NOT expect to double my account in a month's time, but i trade using risk management and just execute enough trades to make what i can without being stress and blowing up my account! So my advice to all you guys would be to try to combine both fundamental and technical analysis to execute your trades. Here is a big TIP for those that only use technical analysis to execute their trades: TRY TO SPEND 1-2 HOURS A DAY READING NEWS ON APPS SUCH AS INVESTING.COM (BOTH ANALYSIS AND NEWS SECTION), MYFXBOOK NEWS SECTION AND TRADER SENTIMENT SECTION, HAVE A LOOK AT SOMEONES ELSE IDEAS ON TRADINGVIEW.COM If you keep this a habit of reading news and analysis together whilst performing your own too, you will develop a GUT feeling technique that is unique and which will likely tell you where the market is headed prior to you even performing your technical analysis! Its a very special technique but it takes time and habit to develop. Here we see the main of GOLD (XAUUSD) pair i has a gut feeling would reverse and dip slightly because markets were in RISK ON mood. Now this pair is on its way to form HEAD AND SHOULDERS PAttern which is on the verge of breaking the neckline. Now the pattern is not yet complete because the technically the neckline has not broken, but i have a GUT feeling that it would break soon enough and target the ascending trendline beneath at 1260.000 level. its a very special technique and i hope some of you could combine them and use it to your greater advantage! Cheers
OANDA:XAUUSDEducation
by FX618Analysis