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Technical Analysis

Top Crypto Influencers To Follow In 2021(🔴PART 2)Hi guys As I promised in the previous post about influencers, I also posted the second part for you, there are 6 other people on my list, and if the number of likes reaches 270, I will post it for you as well. ✨1.Loomdart(@loomdart) Loomdart is a cryptocurrency analyst and veteran trader who has been actively dishing out well-researched, pertinent trading and investment tips and strategies on Twitter since mid-2014. ✨2.Starbust(@cryptostardust) Also known as Inversebrah in the crypto community, Starbust can only best perfectly described a crypto memes connoisseur. Much to the amusement of his thousands of followers, Starbust's online persona brings a satirical and comical twist to the often over-serious and overcomplicated debate on cryptocurrencies and his popularity is only rising, so you might want to follow him to a laugh or two ✨3.Lil Bubble(@TheCryptoBubble) Popularly known for producing parody versions of famous songs by the likes of Blink 182 and Avil Lavigne, Lil Bubble is undoubtedly the biggest satirist in the cryptocurrency space with hits like All Time Lows and Liquidated pushing him into an bigger online stardom. His productions can be found on Instagram and Twitter. ✨4.Altcoin Sara(www.youtube.com) Sara is a rare female face in the crypto space and one of the community’s biggest advocates through initiatives like the Altcoin Buzz Ladies YouTube channel, where she discusses cryptocurrency news, provides market analysis and offers a platform for alternative perspectives in the world of blockchain. ✨5.Credible Crypto Your main stop for understanding crypto trades, trends, and the marketplace at large is none other than Credible Crypto. Through his relentless quips on Twitter, Credible Crypto shares market analysis and investing advice with a healthy dose of humor thrown into the mix. He also does a superb job at breaking down key concepts and delivering a simple and approachable strategy to crypto investments and business ✨6.Changpeng Zhao(@cz_binance) More commonly known as "CZ", this business executive is none other than the founder and CEO of the world's largest cryptocurrency exchange - Binance. With an impressive track record in software development and trading for Bloomberg, CZ also found success while working at Blockchain.info before moving on to found his own startup. He frequently shares his wealth of knowledge on Twitter, earning him a solid spot on this list of crypto influencers. ✨7.Nicholas Merten(@Nicholas_Merten) Nicholas Merten is the founder of DataDash, the largest and arguably one of the most influential YouTube channels solely dedicated to covering crypto-related news. He's equally active on Twitter. ✨8.Roger Ver(@rogerkver) Another early investor, Ver has supported a number of cryptocurrency startups and projects over the years, cementing his status as 'Bitcoin Jesus' (as he likes to proclaim himself). He's also a leading digital philanthropist after major donations toward economic education. He currently serves as CEO of Bitcoin.com and you can find him Twitter. ✨9.Vitalik Buterin(@VitalikButerin) The co-founder of Ethereum (and the world’s youngest known crypto billionaire), boasts a massive online following, in large part due to his outspoken and opinionative views. The Canadian-Russian programmer isn’t exactly shy when it comes to stoking debate over some of the crypto industry’s most controversial aspects and has been praised for tackling sensitive issues head-on. He uses his platform to put pragmatism and principles before crypto politics. Buterin has also become a leading crypto philanthropist, making hefty donations to major causes. Follow him on Twitter, where he tends to drop some pretty big announcements. ✨10.Gavin Andresen(@gavinandresen) Primarily known for his crucial contribution toward developing Bitcoin during its initial phase, Gavin Andresen was considered Satoshi Nakamoto’s right-hand man, taking over from the Bitcoin founder after his abrupt departure from the project in 2010. Andersen then went on to become the face for Bitcoin as it exploded into mainstream consciousness. He’s since gone into semi-retirement but still plays a big and influential role as Chief Scientist at the Bitcoin Foundation. You can find him on Twitter.
BITSTAMP:BTCUSDEducation
by seyed_mehdi
💡🎓 Dow Theory & Bitcoin 🎓💡To share awareness for the beauty and history of our art of Technical Analysis of financial markets, in this educational post, I look at the six fundamental principles of Dow Theory, applied to Bitcoin and its current macro/local trends. Dow Theory Principles; 1. Markets Discount Everything 2. The Market has 3 Trends 3. Major Trends have 3 Phases 4. Markets must Confirm Each Other 5. Volume must confirm the Trend 6. A trend is assumed to be in effect until is shows clear signals it has reversed [Below is a summary of who Charles H. Dow was and his impact, by John J. Murphy; “ Charles Dow and his partner Edward Jones founded Dow Jones & Company in 1882. Most technicians and students of the markets concur that much of what we call technical analysis today has its origins in theories first proposed by Dow around the turn of the century. Dow published his ideas in a series of editorials he wrote for the Wall Street Journal. Most technicians today recognize and assimilate Dow's basic ideas, whether or not they recognize the source. Dow Theory still forms the cornerstone of the study of technical analysis, even in the face of today's sophisticated computer technology, and the proliferation of newer and supposedly better technical indicators. On July 3, 1884, Dow published the first stock market average composed of the closing prices of eleven stocks: nine railroad companies and two manufacturing firms. Dow felt that these eleven stocks provided a good indication of the economic health of the country. In 1897, Dow determined that two separate indices would better represent that health, and created a 12 stock industrial index and a 20 stock rail index. By 1928 the industrial index had grown to include 30 stocks, the number at which stands today. The editors of The Wall Street Journal have updated the list numerous times in the ensuing years, adding a utility index in 1929. In 1984, the year that marked the one hundredth anniversary of Dow's first publication, the Market Technicians Association presented a Gorham-silver bowl to Dow Jones & Co. According to the MTA, the award recognized "the lasting contrbution that Charles Dow made to the field of investment analysis. His index, the forerunner of what today is regarded as the leading barometer of stock market activity, remains a vital tool for market technicians 80 years after his death. Unfortunately for us, Dow never wrote a book on his theory. Instead, he set down his ideas of stock market behavior in a series of editorials that The Wall Street Journal published around the turn of the century. In 1903, the year after Dow's death, S.A Nelson compiled these essays into a book entitled The ABC of Stock Speculation. In that work, Nelson first coined the term "Dow's Theory." Richard Russell, who wrote the introduction to a 1978 reprint, compared Dow's contribution to stock market theory with Freud's contribution to psychiatry. In 1922, William Peter Hamilton (Dow's associate and successor at the Journal) categorized and published Dow's tenets in a book entitled The Stock Market Barometer. Robert Rhea developed the theory even furtherIn the Dow Theory (New York: Barron's), published in 1932. Dow applied his theoretical work to the stock market averages that he created; namely the Industrials and the Rails. However, most of his analytical ideas apply equally well to all market averages. “ John J. Murphy, Technical Analysis for the Financial Markets, 1999, Page 23-24 What are your thoughts? yemala
COINBASE:BTCUSDEducation
by Yemala
7
5 Important Candle Patterns that You Need to Know 5 most important candlesticks to know! Simplicity is the key to a positive result, and many traders ignore the simplicity of using these 5 MAIN candle patterns and the importance of each of them, as well as what they are. Many traders complicate everything and make trading more complicated than necessary. Using only these 5 candle patterns together with other basics of technical analysis is all you need to successfully make money in the market! Learn to read the market like a book, read candles-it's like reading words on a page. Candlesticks are the language of the market, and to understand the market, we must be fluent in the language of the markets. Knowing exactly where to find and trade these 5 candle patterns can change your trading forever. Candlesticks combined with other methods of applying technical analysis can be incredibly powerful in understanding where financial markets can go. It is important to remember that candlestick patterns are a physical representation of human psychology and decisions made in the market. Think deeper. The candles that you see on your charts, actually give you clear signs of what the dominant side (buyers or sellers) wants to do next. ❤️ Please, support our work with like & comment! ❤️
OANDA:XAUUSDEducation
by SignalProvider
41
4 TIPS ON USING TECHNICAL INDICATORS 🤖🖥 Hey traders, Technical indicators are an essential part of technical analysis. With multiple different indicators on a chart, the trader aims to spot oversold/overbought conditions of the market and make a profit on that. Though, I don't consider myself to be an expert in indicators trading, here are the great tips that will help you dramatically improve your trading with them. #1️⃣ Do not overload your chart with indicators. There is a fallacy among so many traders: more indicators on the chart lead to an increase in trading performance. Following this statement, traders add dozens of technical indicators to their charts. The chart becomes not readable and messy. The trader gets lost and makes wrong trading decisions. Instead, add 1-2 indicators to your chart. That will be enough for you to make correct judgments. Do not overload your chart and try to make it clean: your task is to analyze the price action first and only then look for additional clues reading the indicators. #2️⃣ Learn what exactly the indicator shows The data derived from technical indicator must make sense to you. You must understand the logic behind its algorithm. You must know exactly what it shows to you. Confidence in your actions plays a key role in trading. During the periods of losing streaks and drawdowns, many traders drop their trading strategies. It happens because they lose their confidence. You will be able to overcome negative trading periods only by being confident in your actions. Only knowing exactly what you do, what do you rely on and why you can proceed even in dark times. #3️⃣ Use the indicators that compliment each other Many indicators are based on the same algorithms. Most of the time the only difference between them is a minor change in its input variables. For that reason, such indicators leave very similar clues. In order to improve your trading, try to rely on indicators based on absolutely different algorithms. They must complement each other, not show you the same thing. #4️⃣ Price action first! Remember that your trading strategy must be based primarily on a price action. Trend analysis and structure analysis must go first. You must know the way to make predictions relying on a naked chart. The indicators must be applied as the confirmation signals only. They must support the trading strategy but not be its core. ❗️Remember that the indicators won't do all the work for you. Indicator is just a tool in your toolbox that must be applied properly and in strict combination with other tools. Would you add some other tips in this list? ❤️Please, support this idea with like and comment!❤️
OANDA:XAUUSDEducation
by VasilyTrader
38
💡🎓 The Philosophy of Technical Analysis 🎓💡 To continue awareness our art of Technical Analysis, this idea is an educational post and summary of The Philosophy of Technical Analysis, from Technical Analysis of the Financial Markets, by John J. Murphy, 1999, Page 2-5 The Philosophy of Technical Analysis 1. Market Discounts Everything The cornerstone of TA is that anything that can possibly affect the price, is reflected in the price. - All that is required is a study of price action - Price action reflects shifts in supply and demand - If demand exceeds supply, prices rise - If supply exceeds demand, prices fall The underlying forces of supply and demand are the economic fundamentals of a market. This action is the basis of all economic and fundamental forecasting. It follows then that if everything that affects market price is ultimately reflected in market price, then the study of that market price is all that is necessary. Charts themselves do not cause markets to move, they simply reflect the bullish or bearish psychology. By studying price charts and a host of supporting technical indicators, the chartist in effect lets the market tell him or her which way it is most likely to go. The chartist does not necessarily try to outsmart or outguess the market. All of the technical tools discussed later on are simply techniques used to aid the chartist in the process of studying market action. The chartist knows there are reasons why markets go up or down. He or she just doesn't believe that knowing what those reasons are is necessary in the forecasting process. 2. Price Moves in Trends The concept of trend is absolutely essential to the technical approach. The whole purpose of charting the price action of a market is to identify trends in early stages of their development for the purpose of trading in the direction of those trends. In fact, most of the techniques used in this approach are trend-following in nature, meaning that their intent is to identify and follow existing trends. - Prices move in trends, a trend in motion is more likely to continue than to reverse. - A trend in motion will continue in the same direction until it reverses. - Issac Newton's first law of motion is empirical evidence of this. This is another one of those technical claims that seems almost circular. The entire trend-following approach is predicated on riding an existing trend until it shows signs of reversing. 3. History Repeats Much of the body of technical analysis and the study of market action has to do with the study of human psychology. Chart patterns, for example, which have been identified and categorised over the past one hundred years, reflect certain pictures that appear on price charts. These pictures reveal the bullish or bearish psychology of the market. Since these patterns have worked well in the past, it is assumed that they will continue to work well in the future. They are based on the study of human psychology, which tends not to change. Another way of saying this last premise is; History repeats itself The key to understanding the future lies in a study of the past What are your thoughts? yemala
TVC:SPXEducation
by Yemala
40
Inside a Japanese candle 🕯 Japanese candlesticks are the most popular way to read the price movement on charts. They are visual, easy to learn and the main thing is that they work. You can see what the Japanese candle is built from on the chart, On the left side is a one-hour bullish Japanese candle The right side shows what happened during the hour with the price from the moment of opening to the moment of closing the candle. The Japanese candle shows the price movement for a certain period. As you know, the time frames of candles vary from minute to month. For trading on the financial markets, it is important to see certain formations of these candlesticks. You need to know not only the patterns that are written about in books, such as pin-bar and bullish absorption but also to know why and how they are built. ❤️ Please, support our work with like & comment! ❤️
Education
by UnitedSignals
5
What is a moving average? How to use it? The Moving Average (MA) is a simple technical analysis tool that smooths price data, creating a constantly updated average price. The average value is taken for a certain period, for example, 10 days, 20 minutes, 30 weeks, or any time chosen by the trader. There are advantages to using a moving average in your trading, as well as options for which type of moving average to use. Moving average strategies are also popular and can be adapted to any time interval, which is suitable for both long-term investors and short-term traders. The Moving Average (MA) is a widely used technical indicator that smooths out price movements by filtering out "noise" from random short-term price fluctuations. Moving averages can be constructed in several ways and use a different number of days for the averaging interval. The most common applications of moving averages are determining the trend direction and determining support and resistance levels. When asset prices cross their moving averages, this can generate a trading signal for technical traders. Although moving averages are quite useful on their own, they also form the basis for other technical indicators, such as the moving average convergence divergence ( MACD ). Why use a moving average The moving average helps to reduce the amount of "noise" on the price chart. Look at the direction of the moving average to get a general idea of which way the price is moving. If it is tilted up, the price as a whole is moving up (or has been recent); tilted down, and the price as a whole is moving down; moves sideways, and the price is most likely in a range. The moving average can also act as support or resistance . In an uptrend, a 50-day, 100-day, or 200-day moving average can act as a support level , as shown in the figure. This is because the average acts as a support, so the price bounces off it. In a downtrend, the moving average can act as resistance; like a ceiling, the price reaches a level and then begins to fall again. ✅ Let me know how do YOU use the MA, and what is your favorite indicator?✅
BITSTAMP:BTCUSDEducation
by ProSignalsFx
11
Types of Trading IndicatorsTraders use different types of indicators to gauge the market conditions. Let's take a look at what are those types of indicators Trend Indicators measures the direction and strength of a trend. When price moves above the average it can be thought of as a bullish trend. When price moves below the average, it's a bearish trend. Momentum Indicators are helpful as they are used to identify price movements by comparing prices over time. Can also be used to analyze volume by comparing current closing prices with previous closing prices. Volatility Indicators are used to analyze the periods of high and low volatility. The big swings created by the volatility can provide good trading opportunities. Volume Indicators plays an important role in technical analysis in confirming trends and patterns which makes volume indicators popular amongst traders. There are hundreds of indicators that can be categorized within these four categories. Also, a volume indicator can be used as a trend indicator or a volatility gauging indicator. The same goes for momentum or trend indicators. Some traders use one indicator to gauge volume while another trader can use the same indicator for another purpose. What kind of Indicators do you use in trading the most and why? It all depends upon the type of trading we are doing off course. Would love to know your opinions in the comment box below. Follow us for more educational analysis, technical ideas, and script updates. Happy Trading!
Education
by Tuned_Official
36
Open Tutorial ⚪ How To Never Lose Money? "Losing is the part of the game." - said the loser and kept losing. Are you a loser? Or do you open your mind? Losers lose because they BELIEVE in their loss. They refuse to comprehend reality. In reality, you can't learn from failures. A loss is a loss. Nothing more. In truth, you can learn only from successes. But what if you only lost so far? Good news: It doesn't have to be your success. You can learn from the success of others. Let's specify an ideal strategy. The ideal strategy is never wrong. You don't have to know this strategy. It suffices if it exists. Somewhere. To someone. We experimented with pattern matching + AI a lot. Our theory: Wedges can approximate any strategy. You can draw wedges. You don't have to know an ideal strategy. Yet you can approximate it with wedges. Is it possible to learn this power? Not from a Jedi. What we know: It works on all major cryptocurrencies with USDT. +100% profit on BTC/USDT: It works on altcoins. +200% profit on XEM/USDT (x10): It works on cryptocurrency-cryptocurrency pairs. +300% profit on TVKBTC (x10): Thus, +100% success rate. More than +700% profit. All within a week. "One stoke, two halves." - said the winner and kept winning.
CRYPTOCAP:USDT.DEducation
by Elysian_Mind
3
Your Strength Meter For Candlestick | Best Momentum Indicator 🕯 Hey traders, There are multiple different ways to measure the strength of the market reversal from a key level: ✔️some traders apply volumes and look for its sudden spike as a confirmation, ✔️some traders rely on some indicators and look for a particular trigger there as the signal, ✔️some traders, like me, follow the candlesticks and make their judgments based on the candle's strength. In this article, I prepared for you a candlestick strength meter that will help you to accurately spot the reversal clues. ❗️Remember about the important precondition: that candlestick meter is reliable being applied ONLY on key levels. Trading that outside key levels is not recommendable. 📈The initial touch of a key level is very telling: after a sharp bullish/bearish rally to key resistance/support the reaction of the price on that can indicate you the strength of the identified level. There are three main classifications of the reversal candle momentum: *by reversal candle we mean the first bullish candle on key support or the first bearish candle on key resistance. 1️⃣The momentum will be considered to be low in case if the reversal candle will close within the range of the previous candle. It indicates the weakness of bulls buying from support / bears selling from resistance. You should patiently WAIT for some other signal before you open the trade. 2️⃣The momentum will be considered to be medium in case if the reversal candle will engulf the range of the previous candle. It shows quite a strong initial reaction being sufficient to open the trade ONLY in a strict combination with some other signal. 3️⃣The momentum will be considered to be high in case if the reversal candle engulfs the range of the last two candles (two bearish or two bullish). By itself, it is considered to be a strong reversal signal. The trading position can be opened just based on such a candle. Among the dozens of different candlestick pattern formations, I believe that momentum candles are one of the most reliable in spotting the market reversal. Learn to spot these candles and you will be surprised how accurate they are. What candlestick pattern formations do you want to learn in the next post?🤓 ❤️Please, support my work with like and comment!❤️
Education
by VasilyTrader
117
Education excerpt: Relative Strength IndexGeneral information The Relative Strength Index (RSI) is a momentum oscillator that was introduced by J. Welles Wilder in an article published in Commodities magazine in June 1978. The Relative Strength Index measures the velocity of directional price movement and is commonly used in conjunction with a daily bar chart. However, it can be utilized on a bar chart with any particular time frame. The concept of this oscillator is based upon an idea of an asset being oversold or overbought. Generally, tops and bottoms are indicated when the RSI goes above 70 or drops below 30. Although, failure swings above 70 or below 30 can imply possible market reversal. Similarly, divergence between the RSI and price action on the chart can signal a market turning point. Chart formations and support and resistance often show up graphically on the RSI despite the fact that they may not be apparent on the bar chart. The slope of the momentum oscillator is directly proportional to the velocity of the move. Thus, the distance traveled up or down by the RSI is proportional to the magnitude of the move. The horizontal axis represents time and the vertical axis represents distance traveled by the indicator. The RSI moves slowly when the market continues its directional movement. However, once price is at the market turning point, RSI tends to move faster. Here is depiction of the weekly chart of USOIL: It is clearly observable that peak in RSI often coincides with peak in the price. Similarly, trough in RSI is often accompanied by trough in the price. Calculation The Relative Strength Index is commonly calculated using the close price of a 14 day period. The equation for its calculation involves several components. These are: • Average up closes • Average down closes • Relative strength Relative Strength (RS) = (average of 14 day's closes up/average of 14 day's closes down) Relative Strength Index (RSI) = 100 – Calculation begins with obtaining the sum of the up closes for the previous 14 days. This sum is then divided by the number of days used in calculating the generating figure for average up closes. Similarly, the sum of the down closes for the previous 14 days is divided by the number of days used in calculating the generating figure for average down closes. After these two operations are conducted, the average up days are divided by the average down days resulting in the value of the Relative Strength (RS). The number 1 is then added to the value of RS. Next, 100 is divided by the new amount of RS. The resulting figure is subsequently subtracted by 100 generating the value of the Relative Strength Index (RSI). From this step on, the previous value of average up closes and average down closes can be used to generate the next value of the RSI. In order to calculate the next average up close, the previous value of average up closes is multiplied by 13 and the present day average up close is added to this figure. This value is then divided by 14 generating the value for the new average up closes. In similar fashion, the new average down close is calculated by multiplying the previous average down closes by 13. Today's down close is then added to the figure. The resulting figure is again divided by 14 to generate the new average down close. After that, the same steps indicated to calculate the initial RSI need to be followed. Here is depiction of the monthly chart of copper futures market: Similarly like in the previous example positive correlation between peaks and troughs in RSI and price is observable. Divergence When trend is prevalent and two indexes (or index and price) are going simultaneously either up or down they exhibit positive correlation. However, when this correlation breaks and one index (or price) keeps going up while another index reverses down divergence is said to occur. Technical analyst should pay attention to this instance as it sometimes has abillity to foreshadow upcoming reversal in trend. Though, there are many instances when divergence occurs and reversal in price trend fails to materialize. For this reason some analysts like to implement concept of double divergence. Here is example of the divergence that we mentioned in our idea on 30th June 2021: Double divergence There are many instances when price continues its rise and analyst can observe oscillator or idex to fall only to see it later climb back up in tandem with price. (same applies to the opposite situation when price falls and index or oscillator starts to rise) The divergence occured but price trend remained intact. Because the divergence can be misleading, some analysts preffer to wait for the second divergence before placing their entries or exits. Disclaimer: This content serves only educational purpose.
OANDA:XAUUSDEducation
by Tradersweekly
43
Supply and Demand Zones - An Approach to Identifying Key LevelsIn this video I will break down my process in identifying supply and demand zones through technical analysis. Being able to identify these key areas allows for the trader to recognize potential levels of resistance and/or support. I also go over a few other technical analysis approaches I use when looking to identify similar key levels on a chart. From my experience, it works best for me to stick with the first technical approach that I am able to identify when looking at a particular symbol's chart. The more you look at a chart the more you will find an opportunity to squeeze in another form of technical analysis, often leading to clutter and uncertainty.
NYSE:NIOEducation
by rickhubbard10
Poor Reversals GuidePoor Reversals Indicator This indicator finds Poor Reversals. Poor reversals are reversals in price with consecutive highs or lows that are close together. Look for the different types of highs and lows. Some say candle patterns don't matter, but they forget it's the orderflow that makes the pattern. Find poor, tweezer , and 1 tic rejections and study what happens next. We don't need to read the depth of market to see what the orderflow is saying. They are called poor because the auction didn't run its course. It didn't continue the direction until all activity in that direction was exhausted. Proper reversals create excess. Excess is a long tail/wick. A proper reversal leaves a long tailed excess unfilled. The different highs and lows give clues to what kind of orderflow happened there. The difference between them is which high or low happened first. Price does often come back to these areas and clears them up with a proper reversal. We can see them on all timeframes. Knowing what they mean in the orderflow helps with reading charts. The Poor Reversals are: Poor 1 Tick Rejection Tweezer When looking at 2 bars that have very close high or lows, there are a few different types. They are each poor and can be further defined as each are price action clues. If next low is higher, it's a poor low If next low is lower, it's 1 tic rejection If next low is equal, it's tweezer bottom If next high is lower, it's a poor low If next high is higher it's 1 tic rejection If next high is equal it's tweezer top Poor Highs and Lows: The high or low comes first. The next bar does not go past it. Poor highs and lows are often created from price exhaustions. This means at poor highs buyers are trapped. At poor lows sellers are trapped. Price ran out of steam to continue in that direction. There wasn't enough activity/participation to continue the auction in that direction. Poor lows are defined when 2 lows are very close, and the 1st bar is lower. The 2nd comes very close to a new low. It happens most when shorts, at the moment, "run out of steam". They were "too aggressive" and got themselves "short in the hole". When a poor low is made, price will bounce because shorts are buying to protect profits. Poor highs are defined when 2 highs are very close. The 1st bar is higher. The 2nd comes very close to a new high. It happens most when longs, at the moment, "run out of steam". They were "too aggressive" and got themselves "long in the tooth". When a poor high is made, price will pullback because longs are selling to protect profits. 1 Tick Rejections: The high or low comes last. The last bar goes just a little bit beyond the first bar. A "1 tic rejection" happens when a new low is made and quickly rejects. The name is misleading. It doesn't have to be "1 tic". Different markets have different measurements. For ES, it's less than 8 tics. For NQ, it's about 5-20 points. It varies depending on relative market volatility . 1 Tick highs are defined when 2 highs are very close, and the 1st high is lower. The second high is a small peek above. This happens when longs are aggressive and drive price up. Price makes a newer high and longs rapidly start taking profits. Their selling activity drives price lower. In the orderflow, longs likely closed at the same time new shorts sell. This competition to sell drives price lower. At the high, it says longs saw it wouldn't go higher and they took rapid exit. 1 Tick lows are defined when 2 lows are very close, and the 1st low is higher. The second low is a small peek below. This happens when shorts are aggressive and drive price down. Price makes a newer low and shorts rapidly start taking profits. Their buying activity drives price higher. In the orderflow, shorts likely closed at the same time new longs buy. This competition to buy drives price higher. At the low, it says shorts saw it wouldn't go lower and they took rapid exit. Tweezer Tops and Bottoms The highs or lows of the bars are equal. Tweezers most often mean that an aggressive trader is influencing price. They drove price in one direction and then quickly reversed sentiment. Tweezers most often happen in stop hunts. An aggressive trader found where the stops were located and then entered an aggressive order to turn the market. Tweezer Tops are defined when 2 highs are equal. The first bar sets the high. The second bar matches the high. This happens when there is an active seller entering. It could be simple profit taking from longs or new aggressive shorts. In price action, price will move up to find short stops. When the stops are found, the market reverses sharply lower. Tweezer Bottoms are defined when 2 lows are equal. The first bar sets the low. The second bar matches the low. This happens when there is an active buyer entering. It could be simple profit taking from shorts or new aggressive longs. In price action, price will move down to find long stops. When the stops are found, the market reverses sharply higher. Poor Reversals can be Poor, 1 Tick Rejections, or Tweezers. They are all considered poor and upon further investigation we can see they are created from different conditions in the orderflow. They are not called Poor Reversals because they are weak. They are called poor because of the action that happened there. One side got caught in a bad position. Other sharks in the market smelled blood and ripped them apart. This indicator is a work in process. While the concepts are great for real time trading, this indicator is not designed to be used in real time trading. It will repaint based on the bar close. The purpose of this indicator is to train our brains to see these nuances on candle charts. Some say candle patterns don't matter, but they forget it's the orderflow that makes the pattern. We must make split second decisions and knowing the context behind the orderflow reduces response time. These poor reversals don't have to retest, and the best ones won't come back. I use these concepts to find exits, where my trades might be wrong, confirmation I'm on the right side. It's amazing how these simple nuances can turn the markets. But sure enough, they do. Check them out in all time frames. It's a fun indicator to play with. Some markets do require tweaks to the “Ticks” setting. Too big and charts will be noisy. Too low and not much will show up. A general rule of thumb is more volatile markets need higher tick values while less volatile need lower Tick values. Higher timeframes are also more reliable than lower time frames. I've included some customizable settings and I plan on adding more in the future. Enjoy!
CME_MINI:ES1!Education
by CoreySurles
1
TradingView Hotkeys That I Use The MostHi, Just wanted to point out some TradingView hotkeys that I use the most: * ALT + H = Horizontal line - a great way to quickly mark the round numbers on your chart or tight support/resistance areas. * ALT + V = Vertical line * ALT + T = Trendline * ALT + I = Invert the chart - probably the most interesting hotkey. Do you have some trouble taking "SELL" ideas? You are more kinda "BUY-guy" or vice-versa. In TradingView you can turn your chart upside down and see does it look good if you would want to buy it. Sometimes, it is quite a big help. * ALT + S = Take a screenshot of your chart * ALT + F = Fibonacci * ALT + W = Put the chart to the watchlist - seeing something interesting you can add it quickly to your watchlist. * ALT + A = Set the alert * SHIFT + CLICK = Measure tool Regards, Vaido
COINBASE:BTCUSDEducation
by VaidoVeek
99
Most Powerful Formation in Technical Analysis Sideways Channel!Hey traders so in the last lesson we spoke about how the Head & Shoulders pattern is great for spotting tops and bottoms in the market. Today I want to introduce you to the most powerful formation in all of technical analysis called The Narrow Sideways Channel. This is every traders dream to learn how to catch the big moves and profits that make history in the markets. They don't happen very often but when they do the market can explode and we can catch the big move before it happens. If you ever see one of these on your charts get ready to strap in your seatbelt because it will be a wild ride! Enjoy! Trade Well, Clifford
BITSTAMP:BTCUSDEducation
by TradeTheIndex
1
IMPROVE YOUR TRADING | 4 TYPES OF TRADE CONFIRMATION ✅👌 "Look for a confirmation!" "Wait for a confirmation!" When I was learning how to trade and when I was watching and reading different trading educators, these words naturally pissed me off. What the hell are you talking about? What confirmation? It was a full-blown mystery...🤯 Then, once I started to mature in trading and trade full-time, I became an author on TradingView. Posting my forecasts and trading setups, I frequently mentioned the confirmation. And now the newbies that are reading me and learning from me are pissed off...🤬 That is so funny I guess. But the truth is that the confirmation must become a fundamental part of your trading strategy. It is your key to successful trading. What exactly is the confirmation? It depends on many many different things, in this article I will discuss with you the 4 main types of confirmation and give you detailed examples. 1️⃣ - PRICE ACTION CONFIRMATION That is actually what I prefer. Analyzing different markets and searching for decent trading opportunities often times we find some peculiar instruments to watch. Identifying the market trend and key levels we find the potential spots to trade from. But do we just open the trade once the "ZONE" is spotted? I wish it could be that simple... Trading just the zone, without additional clues brings very negative figures. We definitely need something else. Price action & candlestick patterns can be those clues. Accurate reflection of the current local market sentiment makes the patterns a very reliable confirmation. Dodji's, pin bars, double tops/bottoms ... Proven by history, the skill of identification & reading the patterns will pay off quickly. Being in some sense the language of the market, the patterns are the fundamental part of my trading strategy. 2️⃣ - FIBONACCI LEVELS Fibonacci levels are a very popular technical tool. Being applied properly it helps the trader to confirm or, alternatively, disqualify the identified "ZONE". With multiple different methods like confluence trading, fibs are applied in hedge funds and various banking institutions. The main problem with the fibs, however, is complexity and a high degree of subjectivity. Meeting different traders and watching different posts on TradingView I noticed that all traders tend to have their own vision. There is no universal system to apply here, a proper fib.confirmation technique can be built only with long-lasting backtesting and practicing. 3️⃣ - FUNDAMENTAL NEWS The figures in the economic calendar, news, tweets. Actual fundamental news can become your best confirmation tool. However, the main obstacle right here is the promptness, validity and reliability of the data that you get. The information shouldn't be delayed and it must be objectively true. The search for such a source is by itself is a very time-consuming and labor-intensive business not even mentioning its potential costs. And that is not all. Knowing how to make sense of that data, its proper perception, and understanding requires a solid economical and financial background and experience. At the end of the day, becoming an expert in fundamental analysis, the trader can easily sort the trading zones and trade only the ones that are confirmed by a decent fundamental trigger. 4️⃣ - TECHNICAL INDICATORS I believe all the traders apply some indicators. From a simple moving average to some complex composite algorithms, indicators play a very important role in trading. Being 100% objective and providing up-to-date real numbers and figures, they are our allies in a battle against subjectivity. For many traders, the various signals from indicators are considered to be accurate and reliable confirmations. Many algotrading solutions are operating simply relying on such signals and being able to bring consistent profits proves the power of technical indicators. What confirmation type should you rely on?🧐 I guess the main rule right here is that the confirmation must MAKE SENSE to you. You should feel the logic behind that. It must make you confident in your action, even in case of the occasional losses, it must keep you calm and humble. Let me know in a comment section what confirmation do you prefer! 💝Please, support my work with like and comment! Thank you for reading.
Education
by VasilyTrader
27
Technical Analysis Vs Fundamental AnalysisTA Vs FA Both Technical and Fundamental analysis seeks to evaluate an asset. In my opinion, these 2 major analysis methods are similar more than you think! FUNDAMENTAL ANALYSIS The FA involves the financial analysis of an asset by focusing on the underlying factors that affect that asset. The assumption behind fundamental analysis is that the market does not always value assets (shares commodities, crypto, etc) correctly in the short term. Fundamental analysers try to identify the intrinsic value of assets to buy at a discount or sell at a high. They believe their investment will pay off over time once the market realises the fundamental value of an asset. TECHNICAL ANALYSIS: The technical analysis seeks to evaluate a company by: Using historical price, and Using Volume data to assess where the price of a security or market will move in the future. This means technical analysers are looking at past patterns and trends to see if they are repeatable in the future. one of the most important items in TA is the trend which shows a continuation of the current situation. WHY DO I THINK THESE 2 ARE VERY ALIKE? As mentioned, Fundamental analysis tries to identify the true value of an asset. For example for a company share price, FA will look at the company's balance sheet, cash flow statement, earnings reports, etc. The technical analysis considers that there is no need to do this hard work as a company’s fundamentals are already accounted for in the price, and the information is reflected in the company’s charts. So we need to look at charts and use indicators to find the best entry prices and the market will follow the trend. Many times if a financial report surprises traders we will see a spike in the price and depending on the nature of that news and other reports price may change direction or continue the previous trend.
NYSE:ASHEducation
by apadanaforex
2
🌐 How not to be stuck in your position?🌐 How not to be stuck in your position? SIGNAL + TIMING = SUCCESS You asked me how not to be stuck in one long-term, seemingly losing position and how not to miss opportunities. You have to consider at least two dimensions of timing: zone and scale. What is a zone? - The time-zone of my signals is UTC, and so, you have to translate. What is the scale? - The scale of my signals varies from 1-minute to 3-month, and thus, you have the following kinds of positions. Top traders have at least three kinds of positions: base, intra-day, and long-term. What is your base position? - It is the base currency within which you feel most comfortable holding most of your capital, and it is usually USDT or BTC. What are the guidelines for intra-day and long-term positions? - Professionals often put up to 5% of their base per intra-day position, and they rarely use more than 25% overall of their base at one moment. - When you make a profit on an intra-day position, you put a part of it (for example, 50% of the profit) into your long-term trade, and you return the rest to the base. - This way, you manage your risks, and both your intra-day positions and long-term position will grow. +1 So, why can't an automated system simply do it for you? You have got your accounts, your assets, and your responsibility. Exchanges do not allow a bot to read how much capital you have in total, nor how your investment breaks down to different assets and accounts. Only you have got this information, and only you hold the right to manage your account.
BITSTAMP:BTCUSDEducation
by Elysian_Mind
1
Trade Review: How I been making consistent 80% returns W/ PROOF!In this video I will reviewing trades I took on the first week of August. going full in depth explaining how I traded these tickers with a new strategy i been testing with Inside Candles Credit: TW for his indicator and his strategy! Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emma's, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always! Want to see more content like this? Make sure to Like and Subscribe!
NYSE:XYZEducation
by Raulf-m