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Any tips on Tradingview? I've been using Tradinview for several years now. It's been a good platform to use for the charting side. I wanted to make a post to see if there are tools or things that maybe I don't use that others in the community might like and use? Personally, I like things like Parallel channels. This is a great tool instead of drawing trendlines. I have recently enjoyed the Polyline tool, which has allowed us to add some "Homer" to the posts. On a more serious note - the custom indicator aspect is really useful as we have built a few over the last couple of years to put our core strategy on screen. In addition to these, our strategies include Elliott waves - Although we use software on top of TradingView for automated Elliott placement, it's handy having the tool in TV to draw cycles and schematics. As I mentioned above, I would be keen for others to share comments on what they find useful inside @TradingView what tools am I missing? Have a great weekend all! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
FOREXCOM:SPX500
by Mayfair_Ventures
10
Possible NZD/JPY Short Position!! SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 4-12 Hours Actions on - A – Activating Event Market will meet resistance in zone @current 72.192 - .... and fall to the 71.85 . In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 71.85 FX:NZDJPY Trade Management Entered @ ..... Stop Loss @ ..... Target 1 @ 71.85 Target 2 @ .... Risk/Reward @ 2.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
3
Entering Market by Fibonacci's Golden Section As I noted, the market almost always provides the most profitable entry points. Define them will help the golden section of Fibonacci, namely the ego magic numbers. By following current theory, i suggested, that the price will dropped to the level of 0.786% also, i put my buy order on this level, and turned out to be right. There is also a chance to pass by the entry, but in percentage terms this probability is exactly proportional to the input numbers, namely 0.236% Take a look at the numbers and the overall picture. Well, at this stage (0.786%) the shadow of a candle on which level you can place a buy order, will inevitably work. Of course, in percentage terms. Don't forget to read about Money Management. Please, like this idea if you agree, or comment if think differently Good luck in trading!
G
by paulto