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Technical Analysis

Technical Analysis 101!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Technical Analysis 101!! Interpreting the candlestick This type of chart is an extension of the bar chart as discussed and is actively utilised by the investors in China for more than 500 years of time period. It helps in providing the information regarding open, close, low and high in the dimensional format. It can be seen that the vertical axis of the chart helps in providing information on the prices of the FOREX whereas the horizontal axis represents the time period. The white candles are the representation of the advances of the currency and the black candles, on the other hand, represents the decline in the value of the FOREX. Moreover, the body denotes the thick portion of the candle, and the vertical line represents the wick. This chart helps the investor to forecast the future price movement of the FOREX. b) Charting systems In the mind of a few people, charts are the exemplary image of the trader’s speciality. The experienced eye can make ups and down. Charting is a questionable piece of the fund. Future research is probably going to reveal things about outlining that would amaze people today. All things considered, even individuals who eagerly restrict the training are ought to be acquainted with the essential techniques of charting. Follow your Trading plan, Remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
FX_IDC:USDWTIEducation
by SMPTrader
Back Testing - Evaluating your Trading Strategy 101SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Back Testing - Evaluating your Trading Strategy 101 Backtesting of technical methods in light of past prices is the most popular testing strategy among technical traders.Below is a short list that will get you started; 1. How many trades does it generate? .............................................. 2. Whats the reliability of the system? ............................................... 3. How big is the average profit compared to the average loss? ............................................................................. 4. Many more.............. #Remember that you need enough data to create at least 30 trades in each test # Please let me know if you would like to know more :) Happy Trading "success occurs when opportunity meets preparation" Zig Ziglar
TVC:GOLDEducation
by SMPTrader
Basic Technical Analysis 101SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Basic Technical Analysis Interpreting the candlestick This type of chart is an extension of the bar chart and is actively utilised by the investors in China for more than 500 years of time period. It helps in providing the information regarding open, close, low and high in the dimensional format. It can be seen that the vertical axis of the chart helps in providing information on the prices of the FOREX whereas the horizontal axis represents the time period. The green candles are the representation of the advances of the currency and the red candles, on the other hand, represents the decline in the value of the FOREX. Moreover, the body denotes the thick portion of the candle, and the vertical line represents the wick. This chart helps the investor to forecast the future price movement of the FOREX. Charting systems In the mind of a few people, charts are the exemplary image of the trader’s speciality. The experienced eye can make ups and down. Charting is a questionable piece of the fund. Future research is probably going to reveal things about outlining that would amaze people today. All things considered, even individuals who eagerly restrict the training are ought to be acquainted with the essential techniques of charting.
FOREXCOM:XAUUSDEducation
by SMPTrader
Money Management & Psychology 101SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Money Management/Psychology Cycle of Market Emotions The Upturn • Optimism: The normal financial specialist enters the market feeling hopeful. They may likewise have elevated requirements for the profits in which they are involved. • Excitement: When the market goes up, the desires begin to end up noticeably a reality and the financial specialist encounters commitment. • Thrill: The market proceeds up and the financial specialist is excited. • Euphoria: As the market achieves its peak, the financial specialist is euphoric and very certain that the market will proceed up. The Downturn • Anxiety: The market starts to plunge, producing sentiments of nervousness (Point 5). • Denial—The market keeps on falling, and the financial specialist experiences dissent with so many considerations as "It's alright, I'm in it for the long run," and "This is only a transitory misfortune," (Point 6). • Desperation and Panic—As the market cycles bring down still, sentiments of urgency and anger follow (Points 7 and 8, separately). • Surrender—Panic, in the long run, offers an approach to surrender when the financial specialist supposes "How might I have been so off-base? I cannot deal with being in the market anymore. I can't take any more misfortunes," (Point 9). The Bottom and the Recovery • Depression: While the financial specialist flounders in wretchedness (point 10), the market winds up in a sorry situation and offers a route to another bull. • Hope: As the market keeps on reinforcing, the financial specialist is confident that the market will proceed up (Point 11). • Relief: Once the market affirms it is in an uptrend, the speculator feels alleviation, however, they are as yet not sufficiently sure to contribute (Point 12). • Optimism: The financial specialist holds up until the point that they feel idealistic once more (Point 1 or frequently significantly later) before re-entering the market. As we portrayed over, this typically does not occur until the point that they have officially missed a huge bit of the up move, and their opportunity to recover misfortunes with it. Position Structure There are several trading software’s, which empowers the individuals to either structure or drive their framework by an individual or by position. Before the data is set-up in the control tables, an individual should choose which technique to utilise. The framework forms the data contrastingly relying upon the person’s decision. When the software is driven by an individual, work codes are utilised to arrange work information into gatherings. These codes are utilised to connect individual information to work information. When the software is driven by position, despite everything, work codes are utilised to make general gatherings or occupation arrangements in the association, for example, EEO (measure up to business opportunity) and pay review information.
Education
by SMPTrader
Indicator Review : MACDTechnical indicator: The MACD What does it represent? The MACD (Moving Average Convergence Divergence) indicator is one of the trend indicators. The MACD corresponds to the difference between two exponential moving averages of different periods (the most common are 12 and 26 days) It is a complementary tool to moving averages that allows you to anticipate sales and purchase signals via the study of the crossover between the MACD curve and the signal line or discrepancies How to use it? Two ways to use it: Study of crossings: When the MACD line crosses the signal line upward, it is a buy signal. Conversely, when the MACD line crosses the signal line downward, it is a sales signal. Study of divergences: Deviations is another type of signal that can be detected using MACD curves. These signals, historically very powerful, make it possible to detect a possible significant reversal of the trend. A divergence is a technical term that describes the price of an asset that follows a trend opposite to that of an indicator. In conclusion, the MACD it one of the most widely used trends indicators but it isn't self sufficient, you have to pair it with other such as CCI.
Education
by Arnaudcrypto
How to find extremely strong and accurate levels (Must Read!!).I know how to properly identify support and resistance levels that are backed by recent supply or demand. By this I mean, supply is what traders consider to be selling power that makes a currency value go down. Demand is the total opposite as it shows its self as support and encourages a currency's value to go up. With that said, support and resistance or supply and demand are perhaps the single most important concepts in any form of trading. You can easily find these levels if you accurately use past price data (candlesticks) as a reference point to current levels that may or may not break to find the best place to place entries and stop loss. Trading support and resistance levels are so abundant that you can go all the way back to 2010 and pick ANYWHERE to plot lines only to find out that they formed a perfect support or resistance level in the current times of 2018! This is the number reason why it's important to use the most current S&R levels as a reference point to where price is most likely to break through or bounce off. This is from my tradingview. (www.tradingview.com)
Education
by ElieTheForexTraitor
ANAB - "ANAB-tomy" Of A Winning Long Trade?Sorry for the stuffy nose! Nonetheless, here I talk about qualities of a trade that help determine it as a winner. This is just a short version of what to look for, just to give some of the things to consider in the process. As a general statement, there are 2 things that make up a stock: technical factors (price behavior) & fundamental factors (financial statement info). Fundamentals are important for longterm investments where company growth & strength are important, since over time, more people will get interested and buy the stock in the future for further price appreciation (5-10+ years for a solid investment). Simple fundamentals just looks at company profits and how much cash the company has access to, but for a detailed fundamental analysis, the company will need to be known and understood on a very high level as if the investor is one of he founders of the company. Before the investment is made, you must know almost everything about how goods/services reach the consumer/customer. For a trader, correct technical analysis is most important (everyone can do technical analysis, but it takes time to do it in a more realistic fashion without dreaming too much or trying too hard to predict a specific future price action). The more factors that favor your objective to buy the stock, whether as a trade or investment, the more likely you will win from the trade. Here is the list from the video: 1. Technical favor -Price accumulation: price usually builds up slowly before exploding upward in an uptrend, with only few/small price corrections in the trend (it is hard to see this early but it is typically only obvious late AFTER the trend has started) -Volatility contraction-expansion: I talk about this all the time I'll skip it; it is very important to always look for though -Price eagerness to increase: when price keeps trying to push upward to newer levels, this tells that at least there are also other people who see the stock going higher and are willing to put their money on the line for it -Supportive base: the price action should show you that the price has no interest in testing lower levels, which means there are no aggressive sellers, investors or other traders are not selling off and there is a positive sentiment toward the stock -Industry/Sector performance: this was not included in the video, but it usually gives you a great technical context especially when you are diversifying or trying to pick a home run stock (it's still very difficult to pick one though) 2. Fundamental favor (if considering longterm investing) -EPS growth past 3-5yrs (should mirror revenue/net income): this tells you the company's plan to grow/expand and make profit in the process is working, and hence the company is still appealing to old and newer investors -Free cash flow: I didn't explain this well in the video, but I meant to say that a good cash flow means the company has cash on hand aside from other assets to be able to pay off any debt or sudden expenses today if the need arises (this is a very simplified version just to give you an idea) Let's see what ANAB can do! Looking forward to comments or PM discussions.
NASDAQ:ANABEducation
by themdtrader
HOW TO BUILD YOUR CONFIDENCE AS A TRADER (WIN BIG & LOSE SMALL)** In the video I say EURO / Swiss Pound. I think I meant to say Swiss FRANC ** :) This video is meant to cover a really important topic that I think holds back most people from being successful in the markets. In this video I cover: 1) There's a difference between being a good analyst and being a good trader 2) How to empower yourself by learning to trust your analysis 3) 3 optimal trading environments and how top-down timeframe analysis lets us identify which environment we are in If you find this video helpful, please leave a like and a comment! Good luck out there and remember ALWAYS win BIG and lose SMALL :)
Education
by ImreSG
14
Spx500 when to go for Short and why? after the big long runThe "Spx500" index started long run from 2812point in upwards direction;all we have now the question will it continue up or the momentum has come and reversal likely? Have taken 4hr chart for this analysis.Is it right time to enter for a short at this level and why ? My feedback for this is , Yes this is about to reverse however waiting for the short confirmation to come to enter is most prefereable.When trading with the plan is always more rewarding . In the 4H time frame chart as per "longbuylongsell" indicator the current candles are in blue color that means the long bull run continues. First we need to get Blue to Black candle that will be the first sign for short entry. This alone not sufficient ,Technical analysis always be performed with supporting indicators like RSI ,MACD,ADX ,Moving Average ,Parabolic SAR,Volume ,Momentum to make our decision closer to accuracy. In this case i would prefer all the strength to show to go for short. When and why we need to go for short. When? the candle become blue to black (indicator for short) Strengthmeters shows (RSI,MACD,ADX,SAR) all/maximum signs short indication then once can go for short. why ? The most powerful indicators as RSI ,MACD, ADX, SAR become weak( RSI coming down from oversold ) MACD(signal cuts fast line down) ADX falling down (DI- gains strength over DI+ ) PSAR above the candle are the indication of the weak trades.So the weak trade support price to drag further down.In this is case as well i feel the something happening .SPX500 likely to fall down. When to why to Enter how to enter? Key is to first predict the black candle and then to see the numbers 1 2 3 P- D- DnLikely to appear above the candle in a same candle or one candle before .This is the confirmation to go for short. We can use price action as well to go for early entry . Sharing this as a info here . When all the above mentioned conditions are met ,the chart snapshot will be shared in the comment section which will give more clear view about trading with technicals. In my next educational video i try to share some more key information for good trading.Thank you!
SP:SPXEducation
by MarxBabu
5
Paper Portfolio vs S&P500 - IntroThis is the introduction to the video series here to grow the paper portfolio on TradingView in an attempt to beat the S&P500 in real time. The reasoning behind this is that it is usually difficult to start trading stocks especially because you don't know what you don't know. It generally takes a couple of years for a trader to make a whole bunch of mistakes, before reaching a level of understanding to see right vs wrong, and even then the trader still learns something new every day. It took me a couple of years to make even the tiniest sense of what was going on in the market and all along I thought was going to beat the slim odds and master the stock market in 3-5 months! I decided to make this as a way to further challenge myself and to show other traders who are struggling with the process. This will not be a one time "get rich quick" process with excessive risk-taking or gambling, but a more disciplined approach to trading without all the bs that floods the internet these days. Hopefully, the portfolio beats the S&P500, but if not we will live to fight another day (many large funds cannot beat the S&P500 so it's totally fine). Trades based on my personal trading strategy (detail about when and why certain trades are placed) including concepts about sticking to a trading plan, risk management and trading psychology. Monthly updates on the current state of the portfolio will be made starting from 09/06/18 and every month from that point onward . The goal is mainly to help other traders learn good things and do away with bad habits, and secondarily attempt to beat the S&P500 in real time Starting capital - $10,000 Risk per trade - 1% Max. positions at a time - 20 Investment style - Equities long only (no short-selling, only stocks >$7, technical analysis > fundamental analysis) Again, the stocks that will be shown will not be shown as investment advice but rather shown as a form of education only. Comment on what you would like to see or hear more about! Thanks and stay tuned (will try to keep videos 5-7 mins long)!
AMEX:SPYEducation
by themdtrader
To boldly go beyond technical analysis towards self-analysisHaving been on Tradingview for the last few years, I've observed that perhaps 'the most important' aspect of trading is hardly ever discussed. I'm not sure why that its. Look, this is a loser's game. How? Read on. Some key estimates: 1. 90% of traders will lose money consistently. . 2. 80% of trading success depends on managing individual psychology. 3. It is possible to be consistently profitable even with a 30% win rate. I say that there is an invisible wall that affects many new and seasoned traders. How would I know? I've been there - and head-butted the wall! The difficult aspects of trading: 1. Managing risk 2. Self-deception 3. Finding reasonable entry and exit points. 4. Being disciplined - staying disciplined. 5. Changing patterns of cognition 6. Changing patterns of behaviour. 7. Managing external influences. 8. Managing emotions. Core trading skills to develop: 1. Finding trends early enough. 2. Calculating acceptable losses. 3. Exploiting trends. 4. Understanding when not to enter a trade. How do new traders get conned? 1. They have ideas or beliefs that there is some magic formula or system of trading that will work to beat the markets. 2. They are influenced to join training programs, most of which deliver little or no strategies for coping with the difficulties. 3. They move from program to program spending on 'hope'; losing as they go. 4. They spend on signalling services. The difficulty is that many traders have a difficult time seeing their own psychology. Note - I'm not talking about psychology in general or the stuff you find in textbooks. So a trader could focus on all manner of trading methodology and still have a very big problem. Dig deep fellow traders. The markets are their to punish you but also the markets are sound teachers.
BITSTAMP:BTCUSDEducation
by Captain_Walker
Xrp on its way down, prepare yourselves to buy.From the diagram above (Xrp/Btc chart) xrp’s all time high was at 22048 sat and all time low at 454 sat. Before getting into any Xrp trade I prefer taking an analysis of Xrp/btc pair. Using a larger time frame you are able to have a clearer insight of what is likely to happen on Xrp price against all other markets since bitcoin is the dominant cryptocurrency and against bitcoin the dominant market. Xrp's entry point should be at its all-time low 454 - 2465 satoshi Entry Xrp’s exit point should be at its all-time high at 16022-22048 satoshi This zones are points which has been touched twice so far. As a trader with a lot of patience you should make it your habit to enter and exit the markets at points which you have identified as your entry points. It is also necessary to pay attention to other major support and resistance zones. For example from the chart above at 3718 -7129 satoshi. Against the dollar (usd) or tether (usdt) xrp might reach new aths but against btc it will be very difficult to break its aths.
XEducation
by cryptoiner
Harmonic Patterns - Gartley - Approach 01- AB has to touch the 0.618 of XA, but cannot touch to the 0.786 of XA - BC has to touch the 0.618 of AB, but cannot go above the A There are a few ways to look for D. In this approach, it is: - Put a Fib Retracement from X to B. - Put a Trend-Based Fib Retracement from A to B to A - If the 0.718 and 1.272 are close to each other choose, 0.718 - Else, choose the 1.272 Targets - the 0.382 or the 0.618 of Fib Retracement from A to D. Stop - X or 10 pips below
Education
by vogucoin
The Game of Charts- Strong Resistance at $6800BITFINEX:BTCUSD "The chart speaks louder than words" Daily bitcoin technical analysis with fewer words and more information so that you can have maximum information just with a glance without wasting any time. Any thoughts on technical analysis of BTC are always welcome in Comment Section. If you find this article useful then do consider a like . Thank you . Legal Disclaimer: This is purely a technical analysis and it is to be used for educational, entertainment purposes only. This is not a financial advise to buy or sell Bitcoin and I am not a financial advisor. Do your own research before investing.
BITFINEX:BTCUSDEducation
by AbyZee
Three things Mark Douglas taught me (Pt3)Trading Strategy The trading strategy of any trader is one that should fit him or her. There really isn’t much to this section as a plethora of trading systems can be on the internet. What matters the most is that your system has a risk reward ratio of at least 1/4. If you desire a profitable trading strategy I highly suggest Michael Covel's and Rayner Teo's style of trading. They are great traders. Please check out my other article as well!
Education
by ElieTheForexTraitor
2
The Game of Charts- RetracementBITFINEX:BTCUSD "The chart speaks louder than words" Daily bitcoin technical analysis with fewer words and more information so that you can have maximum information just with a glance without wasting any time. Timeframe: 4 hr Sentiment: Bearish (four hourly)/ Bullish long Target: $8000 Any thoughts on technical analysis of BTC are always welcome in Comment Section. If you find this article useful then do consider a like . Thank you . Legal Disclaimer: This is not an investment advice. It is to be used for educational purposes only. This is purely a technical analysis and one should not take it for granted as an investment advice.
BITFINEX:BTCUSDEducation
by AbyZee
BTC/USD and The Remoras Theory part two.Hi traders! I have been developing a sort of TA theory called the Remoras Theory. I'm liking that post to this one, in order to follow thru this hypothesis. Getting straight to it, my idea is that the crypto markets are full of whales and remoras; therefore, prices and sentiments around the markets respond directly to mother nature's laws. In that way, chart patterns and price movements can be explain using some knowledge gathered from the times I used to dive a lot. I saw how remoras got eaten... I mean, I was subscribed to Dive Magazine. lol. I think we can apply that on TA and try not to get liquidated. As whales are moving around the btc market, we should pay some attention the way mother nature works and how whales behaves. For marine mammals such as whales food is not only extremely important for their survival it’s also important for maintaining balance in the oceans ecosystem. In order for whales to capture their food these marine mammals search and hunt for their prey using a variety of techniques in order to locate, isolate and immobilize their prey for easy consumption. Humans have apparently known about remoras for a long time. Remora, in Latin means delay, a reference to their supposed ability to slow down ships. The generic name Echeneis is derived from the Greek echein 'to hold' and naus 'ship' and Linnaeus was obviously aware of these old stories when he named the genus in 1758. The earliest known reports of using remora for fishing appear to be from the Spaniard Peter Martyr d’Anghera who was a prominent figure at the court of King Ferdinand. He published a series of books in 1511 and in one of these he recounts, in considerable, if somewhat fanciful detail, the use of remora in the West Indies. Additional reports detail how large fish and animals such as manatees are also caught using remora. Fisher folk in the Indian Ocean have also been using remoras to catch turtles for centuries. This was brought to Western attention as early as 1787. The Swede, Andrew Sparrman sailed to the Cape of Good Hope. So how did the fishermen obtain their remora? They either collected them as a lucky accident when they caught fish with them attached or they caught them as juveniles in nets along with other reef fish. They were then kept in cages in the sea and fed on a regular basis. Their sucking disc on the top of the head develops early when the youngsters are barely a centimetre in length and becomes fully functional at around 3cm. It enables the remora to attach to either rough or smooth surfaces. For many years, the origin of the sucker was debated. Recently the discussion has been put to rest. Dave Johnson, a scientist at the Smithsonian National Museum of Natural History and Ralf Britz at London’s Natural History Museum studied larval remoras. These are scarce in world collections, typically only being caught in plankton tows and often overlooked. Young remora may be free-living and inhabit reefs. There is one report of a remora acting as a cleaner fish but they attach to hosts at a relatively small size. There are currently eight recognised 'shark suckers' in three genera. Echeneis naucrates is probably the best known of these and is frequently seen on sharks and turtles. Remora remora is one of the largest in the family and seems to favour larger hosts such as giant mantas. But most of the remoras have a dark secret. The majority of their food items seem to consist of faecal matter produced by the host. It can’t be particularly nutritious but the free-ride lifestyle evinced by remoras probably doesn’t expend many calories a day. When I was at the end of the sewer pipeline, all those remoras weren’t looking for shark hosts as I first envisaged. They were in the equivalent of remora heaven just hanging around waiting for the next person to flush a toilet.
COINBASE:BTCUSDEducation
by Oboogie
Bitcoin How To Identify The Trend & When To Go LongHow to identify when you should be buying & going long & when you should be selling if you want to play the trends effectively, especially if your a passive investor this particularly applies to you. This is a somewhat simple but very powerful tool to know about how to identify the trend your in, do you know what trend your in currently? Rule of thumb for passive investors to identify when to buy and go long is by using the 200 & 50 day moving average, I go into detail here exactly why you should learn this. Using the 200 & 50 day moving average you can identify when you are in a bull market & a bear market also when a trend is about to change & time to take profits off the table or buy to go long. Rule of thumb when the 50 day moving average crosses above the 200 day moving average, and when the candles are above the 50 day moving average, this is a sign that the trend has changed & is going up this is known as a golden cross & a good time to buy, and when the 50 day moving average crosses below the 200 day moving average that is a sign that the bull market trend is over and is a sign to sell & take profits, also known as a death cross. There can be times when the 50 day MA can move above then shoot down again such as 2014 on the bitcoin chart, however if you sold again when it crossed back you would have been thankful weeks later. you can see the golden cross in 2012 that lead to a 2 year bull run, then in 2014 a death cross that lead to a long bear market then In October 2015 bitcoins 50 MA Crossed above the 200 MA golden crossed to signal the start of a long bull run. And recently in 2018 we had a death cross, that signaled the end of the bull market for now. These are simple but effective tools to use, if all you did was place your investments by buying when we golden crossed and selling when we death cross, you would be doing pretty well for yourself since the start of bitcoin. Follow for more updates
BITSTAMP:BTCUSDEducation
by CryptoFeed101
10