All Roads Leads to RomeIf you wish to analyze the index using traditional Japanese candles and Heikin-Ashi candles, and compare that using Bollinger Bands, Elliott Waves, Fibonacci series, and Ichimoku Kinko Hyo indicators. And you want to conduct the analysis on various time frames including daily, hourly, and every five minutes to discover the confluence between these indicators, you will find what pleases you in this tutorial video.
#traders4traders
***This channel is intended for educational purposes only and should not be construed as an investment proposal.
Disclaimer:
The content provided is for Educational purposes only. It should not be interpreted as legal, tax, investment, financial, or any other form of advice. Investing in stocks carries inherent risks and may lead to potential losses, including the loss of principal. It's important for investors to recognize that past performance does not guarantee future returns, and market fluctuations can impact investment value. Stocks discussed here are not synonymous with, nor should they be seen as a replacement for time deposits or similar saving instruments. Investing in securities of smaller companies may involve higher risks compared to larger, more established firms, possibly resulting in substantial capital losses. Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall I be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView
Tutorial
High Volume Times to Trade / Part 1 🔣Hello traders welcome back to another Concept video. In this video, we detail some of the best times to trade the Eur/Usd Currency pair. This happens to be at Session opens. We go through the 3 Session opens and walkthrough examples of increasing volume ( Large candles). Session opens can provide a great catalyst for 1) a continuation of momentum of the preceding trend or 2) a dramatic reversal. The Euro and the U.S. Dollar are not open during the Asian session and so the candles are much smaller and the average volatility is much less. However, the same concept applies regarding the former.
What I mean when I say "Activate an algorithm" - Quick TutorialThis should be helpful for anyone looking to understand further what I define as an activation of an algorithm.
This candle on the hourly is a beautiful example after my video this market where I said we want to see yellow "activated". It is basically proof that price is now respecting and following that algorithm/channel and this is so important to understand for my analysis and trading style.
Always here to answer further questions for those who are interested in learning more!
Happy Trading :)
The Hidden Key --> Multi-Timeframe Analysis 🪀I begin by explaining the Video Idea--> Using Multi-Timeframe analysis to put together a trade idea. MTF analysis is absolutely crucial for running a profitable trading business... It's something that takes some experience but once you understand the way in which all timeframes move together it's like an Aha moment. We look at 3 timeframes.. the 1Hr, 4hr and the Daily timeframes. We observe an example from just a few days ago that outlines how it was very possible to catch a 20 pips after the Monday(3/25/24) daily candle closed bullish.. Give and rocket and leave a comment for similar content in the future!
March 24' Rejection of 1.09485 --EurUsd-- Fundamental Outlook🎬Since the March 8th touch into 1.09485 Weekly level, we have depreciated 146 Pips on Eur/Usd. In Today's analysis we break down the most important News events of March 24'. These include NFP, CPI, and Interest rates. All of these news events have played a significant role in the downside movement we can observe on EurUsd across the past 2-3 weeks. Leave a rocket and share for more similar analysis in the future. Safe Trading
High Volume Times to Trade / Part 2 🔢Hello Traders welcome back to another concept video. This is the second video in our series -- High Volume Times to Trade --
We talk about
1) 4Hr Candle Opens/Closes
2) New York Stock Exchnage Open
3) London Close
Scalping/Intra-day trading during these times, in my experience, can provide unique opportunities to profit on Eur/Usd.
Similar to Part 1 of our series, these additional times to trade can provide that extra volume for
1) a nice continuation of the preceding trend
2) a short-term reversal of the preceding trend
and 3) act as a catalyst for the beginning of a higher timeframe trend
XAU - Understanding how to analyze Multiple Time FramesYes - This way of seeing price action works on any time frame and in any market -
Why? - Because it's using basic understanding of how the market works and utilizing these channels as a way to see the strength of buyers and sellers at any given price. In a way, it's a third eye (Price, Volume, Strength). Utilizing this alongside any indicators you'd like to add can lead you to real vision in the crazy and "unpredictable" world of trading.
I personally don't use any additional indicators aside from straight up Volume - and that's what works best for me. But if you can find confluence with any of the thousands of indicators out there, that's amazing and i'm sure you'll be able to find real success.
Hope this was helpful! And as always,
Happy Trading!
Determining the Daily Bias / EurUsd Example 📋How do we create a Daily bias to organize our trades ideas?
After all, we want to implement our trades with confidence so that we can manage them as best we can. A Reasonable daily bias can guide us through the volatility and mayhem of intra-day market behavior.
In this video I go through a few hindsight examples and also touch on the current market environment.
SIMPLE RULE BASED Structure FOR BEGINNERS☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment.
Dissecting SPY Price trends With Fibonacci Price TheoryHave you ever wanted to learn the one technique you can use on any chart, any interval, or any technical or price set up to help you become a better trader?
Let me show you the basics of Fibonacci Price Theory and how to use it.
Price is always seeking new highs or new lows - ALWAYS.
You'll hear others talking about price filling voids or moving through accumulation/distribution phases - which is all true. Price moves through these support/resistance levels or quickly through price voids to reach new highs or lows. This is all part of Fibonacci Price Theory.
When you learn to understand various intervals using this technique (Weekly, Daily, 30 Min, or others), you'll quickly be able to identify short-term, long-term, and intra-day trends like a pro.
It is not about catching every trend reversal/setup. This technique is about teaching you to stay on the right side of trend and to target the Sweet Spot in the middle of breakaway/breakdown trends.
Follow my research. Learn how I can help you become a better trader.
10-6 Using Price/Fib Theory To Catch NFP MovesThis short video shows you how I used Fibonacci Price Theory techniques to identify trends, catch the biggest moves in price today on the SPY/SPX500.
This is an instructional video - attempting to show you how to use PRICE (the ultimate indicator) to help you learn to become a better trader.
How did I know price would REJECT at $425.40 this morning and sell downward?
How did I know the bottom would confirm near $421.20?
How did I know the price rejection near $421 (after the bottom) would result in a bullish rally phase?
Fibonacci Price Theory teaches us:
Price must always seek higher highs or lower lows - ALWAYS.
Failure to establish higher highs means price will attempt to make lower lows.
Failure to make lower lows means price will attempt to make higher highs.
Watch the video. Ask questions if you have them.
Price is the ultimate indicator - use it.
A Simple Method Of Evaluating Trade Setups For Everyone - PART IThis is a simple example of how anyone can attempt to understand price action, trade setups, and determine if the current trade setup is valid for any trading action.
Unless you have a trading system that helps you identify highly successful trade setups, most people struggle to find opportunities before they turn into breakout trends (up or down). Ideally, most traders want to get into trades before the big breakout, or breakdown, happens.
This video, part I of an extended series, will help you learn to use simple tools to identify qualified trade setups from invalid setups.
You can trade whatever you want. But remember, the trend is your friend, and learning to understand price theory, trends, channels, and support/resistance is all you need to make better decisions.
Watch this video to see if it helps you. Over the next few weeks, I'll create more videos highlighting simple techniques to help you become a better trader. I'll review dozens of charts and highlight what works and what doesn't.
Trading is a matter of managing risks while attempting to generate profits. This will be a great way for me to share my thoughts with all of you while trying to help you learn techniques to help you build solid skills.
Hope you enjoy this first video.
Learn To Trade Breakout/Flags More Efficiently - Part IIn my first tutorial, I tried to show how price channels can be used to identify and validate strong trade setups. Additionally, I attempted to show you how to identify better trade setups from what I consider invalid trade setups.
Understanding and maintaining at least a 2:1 Reward-to-risk factor for any trade you consider taking is essential. Secondly, it is essential to understand and use proper allocation levels for trades.
The simple way to understand allocation levels is to focus on the RISK amount. If your trade risks $5 per share and you can't afford to risk $500 on this trade, then you should NOT attempt to trade 100 shares of this stock.
Set your risk level based on how much you intend to risk for the trade - nothing more.
If you can only risk $250, then you would only trade 50 shares.
If you can only risk $125, then you would only trade 25 shares.
Learning to find and identify proper trade setups on Daily and Weekly charts is critical for success in the long run. I firmly believe price tells us everything we need to know about a chart, and indicators reflect price.
As you continue to learn some of the techniques I use in various price chart setups, I hope you can refine your techniques to become better traders.
I will likely create a PART II and PART III version of these types of advanced trade setups.
Hope you enjoy.
A Simple Method Of Evaluating Trade Setups For Everyone - IIIMore examples of trade setups and how I use my custom algos to help identify stronger trade opportunities from other symbols.
In this example, near the end of this video, I review the QLD chart (Daily) which provides a very clear example of major trend vs. intermediate trend. It is very important trader learn to see these opportunities from all aspects.
Please pay very close attention to the details I'm sharing related to trading concepts and theory. I'm trying to teach all of you to see charts in a different way. See PRICE as the driver of trends, and counter-trends, as Fibonacci Price Theory describes.
Basic Rules of Fibonacci Price Theory:
1. Price is ALWAYS seeking new highs or new lows - ALWAYS.
2. Failure to establish a new high means price will attempt to retest/break recent/new lows.
3. Ultimate HIGH/LOW levels are critical to understanding major trends vs. intermediate trends.
4. If you have trouble identifying a clear trend on a Daily chart, try Weekly or 240 min as an alternative.
5. If you still can't identify trend clearly, wait it out. Price will ALWAYS attempt to make new highs/lows. Sometimes, you have to be patient and wait for consolidation trends to work themselves out.
My objective is to show you how I look at charts and identify trade opportunities. Simply put, I just trying to help you see and understand simple TA theories and to help you learn to identify great trade opportunities.
Hope you enjoy.
A Simple Method Of Evaluating Trade Setups For Everyone - IIThis second video reinforces the concepts supporting my simple method of validating or invalidating trade setups using price channels, Fibonacci price theory, Stochastics, RSI, and simple price metrics.
Anyone can do this - it just takes a little patience and learning.
The trick to the ENTRY is to WAIT to see how price reacts near support/resistance.
REJECTION is very important in terms of seeing price REJECT near the price channels and near support/resistance.
Learn to use these techniques to help you learn to become a better trader.
Hope you enjoy.
How To Add Drawings To Your ChartIn this Tradingview basics video I'm going to show you how to add drawings to your chart using the options available on the left-side rail.
We'll look at not only what the options are, but the benefits of using "stay in drawing mode" as well as how labeling specific tools as "favorites" can save you time when marking up the charts.
If you have any question, comments, or subjects for future "Tradingview Basics" videos please leave them below.
Until next time, "Plan Your Trade, Trade Your Plan"
Akil
📈 Unleash the Power of the Node Squeeze IndicatorThe Node Squeeze Indicator is a robust tool designed to help traders identify significant market moves in advance. By leveraging a combination of Bollinger Bands, Keltner Channels, and the Squeeze Momentum Indicator (SMI), this indicator effectively highlights periods of low volatility followed by high volatility expansion. In this post, we'll explore the key features of the Node Squeeze Indicator and how it can enhance your trading decisions across various styles and timeframes. #TradingView #NodeSqueezeIndicator #MarketInsights
Identifying Low Volatility and Anticipating Breakouts:
During the consolidation phase, the Node Squeeze Indicator plots a narrow band, indicating reduced price volatility. This period often acts as a precursor to a breakout or a major move in the market. By recognizing these moments of low volatility, traders can position themselves ahead of the crowd and anticipate potential explosive price action. 💥📉📈 #Volatility #Breakouts
Versatility and Customization:
One of the strengths of the Node Squeeze Indicator lies in its versatility and customizable parameters. Traders can tailor the indicator's settings to suit their preferred analysis approach and trading style. Whether you're a swing trader, day trader, or long-term investor, the Node Squeeze Indicator can adapt to your needs and provide valuable insights into market turning points and potential trend reversals. 🔄✏️ #Customization #TradingStyles
Enhancing Trading Decisions:
With its clear visual cues and combination of powerful indicators, the Node Squeeze Indicator equips traders with a comprehensive tool for making informed trading decisions. By using this indicator alongside other technical analysis techniques, you can validate signals and improve the accuracy of your predictions. However, it's important to remember that the Node Squeeze Indicator is not a standalone strategy or financial advice. 📊🔍✅ #TechnicalAnalysis #TradingDecisions
Risk Management and Analysis:
While the Node Squeeze Indicator can offer valuable insights, it's crucial to combine it with other indicators, analysis techniques, and risk management strategies. It's recommended to perform your own analysis and consider other factors, such as fundamental analysis, market sentiment, and economic news, to make well-rounded trading decisions. 📝💼🔒 #RiskManagement #Analysis
The Node Squeeze Indicator is a powerful tool that empowers traders to identify major market moves before they happen. By combining Bollinger Bands, Keltner Channels, and the Squeeze Momentum Indicator (SMI), it effectively highlights periods of low volatility and subsequent high volatility expansion. Regardless of your preferred trading style or timeframe, the Node Squeeze Indicator can enhance your trading decisions and improve overall performance. However, it should always be used in conjunction with other indicators and analysis techniques, and traders must exercise proper risk management. Unlock the power of the Node Squeeze Indicator and stay ahead of the markets with this comprehensive and intuitive trading tool. 🚀💪📈 #TradingTool #NodeSqueeze #MarketPerformance #TradingView
Target reached! GBPUSD ReviewPrice bounced off the 1.2683 support we identified and rose nicely to our take profit target at the 1.2832 level. In this review, we touch on why we used the 1.2832 level and not the swing high at 1.2850 - a lot of this is down to trade management and take profit placement.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM EU LTD (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com): **
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
FXCM Markets LLC (www.fxcm.com):
Losses can exceed deposits.
GBP/JPY, EUR/JPY and USD/CAD on watch for me today.GBP/JPY:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
EUR/JPY
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
USD/CAD
• If price pushes down to and ideally just below our lower trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes down to and ideally just below our lower rayline, then regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price only pushes down to our upper rayline, then again regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll again be looking for a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
NZD/USD and GBP/USD on watch for me today.NZD/USD:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line , then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
GBP/USD:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line , then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.






















