Have you ever wanted to show your appreciation for an idea but felt that hitting the like button was just not enough?
TradingView coins are a great way to show other users that you appreciate them!
What are TradingView coins?
TradingView coins are the site's internal currency. 1 coin is equal to $0.01 USD
How can you get them?
Refer a friend : When you...
Traders and investors use different sets of tools when approaching markets. Some are fundamentalists, pouring through balance sheets, supply and demand data, and other macro and microeconomic information to predict the future prices of assets. Others have a strictly technical approach to markets, following trends and the path of least resistance of prices. Still,...
Many traders - especially beginners - rely on others to tell them what stocks to trade and when to place their entries and their exits.
What I want to show you is not so much how to trade or what strategy to use, but once you have found a strategy that YOU like, how to set up this strategy in TradingView and get automated alerts when a stock meets your...
The main difference between an Analyst and a Trader is in their main goals.
For an analyst, the main goal is to determine the future price and write articles.
Most analysts give a double trend direction in their forecasts, as they worry about their incorrect forecast, and hedge in case of their mistake.
For a trader, the...
You frequently ask me what is the most important time frame to analyze and follow.
And even though I must admit that multiple time frames must be taken into consideration for successful trading like weekly/daily/4h/1h. Among them, there is the one that is universally considered to be principal. That is a...
Yes, this is risk management.
Without proper risk management, your trading strategy based on levels, indicators, patterns, etc.will not make any sense.
Any trading strategy should be supported by strict risk management, where the maximum allowable losses per transaction and the risk ratio are observed:the profit is always...
Only one way to grow a small account into a large account. That is by treating Forex trading as a marathon race not a sprint race.
Do you have 2 to 5 years?
You can use the compounding calculator to calculate profits. This allows you to understand better, how your trading account will grow over time.
One of the most interesting facts about compounding is, that...
How To Use The Fibonacci Extension Tool: Bearish example (like Chart)
A) Highest Top Point
B) Reversal Bottom Point
C) 2nd Highest Top Point (Note) Can NOT be higher then A Point.
D) Will be 3 points or targets, 1st target at 50% extension, 2nd target at 100% extension & 3rd target at 150% extension.
The rules for take profit orders are very individual,...
Engulfing Candles, due to their distinct characteristics, provide potential reversal signals for Forex traders
Here’s how to spot and trade them...
Bullish Engulfing Candle: (Chart example)
1) Down Trend
2) Bearish Candle
3) Open At Or Below The Previous Close
4) Bullish Candle
5) Close At Or Above The Previous Open
6) Close Preferably Near The High
When it comes to trading the financial markets (any market), back-testing your strategies is an absolute must. Although past performance does not guarantee future results, back-testing your strategy cannot be skipped or rushed if you wish to be a consistently profitable trader. Back-testing can be done many different ways today. There are many good software’s &...
Both Buy and Sell Stop Orders are trade order set before current price hits those orders and gets you into a new trade.
Buy Stop Order:
An order that is executed at a specific predetermined price that is above the current price.
Sell Stop Order:
An order that is executed at a specific predetermined price that is below the current price.
Hello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
Today's video will be about the Candlestick Chart : Reversal Patterns.
So lets start by talking about the different types of Patterns :
Bullish Reversal Patterns
Just thought I would show you an interesting way to see who is making the right calls before a stock or (crypto)currency makes a significant bullish or bearish move.
With so many people posting on TradingView it can sometimes be hard to know who to follow.
This is a way to see very simply who is making more accurate calls and best of all it IS NOT influenced...
Running a strategy with a proven edge has me comfortable mentally on how a trade plays out, Be it a stop out or a take profit target met.
Also automating those proven strategies and just letting them be helped with my mental state as a trader.
Trade alerted 17:45 this afternoon and has been close once to TP.
I didn't know this I was in the garden enjoying...
This video was created by our team to introduce you to the new Sparks tool. Sparks are curated lists to help kickstart your research process. You can find lists of symbols related to specific topics like outer space, alt coins, and a lot more.
Markets are sometimes driven by themes, trends, and narratives. Within those themes and trends are lists of symbols...
We know how important your Watchlist is.
Your Watchlist is where you organize all of your favorite symbols, follow them, and plan ahead. It's also where you track your investments and trade ideas.
Our new Advanced View tool makes it possible to share your Watchlists. We believe this is an important next step in Watchlist technology. You can now share your...
Noted chart only has a few highly traded pairs and their either highly correlated negative or positive pairs on daily charts.
If you trade more then one pair at a time, you should know which pairs either mostly go same direction and or go opposite direction.
You might not want to do two trades that have a positive correlation or negative correlation for...