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The Dangers of Holding Onto Losing Positions...One of the most common — and costly — mistakes in trading is holding onto a losing position for too long. Whether it's driven by hope, ego, or fear, this behavior can damage your portfolio, drain your capital, and block future opportunities. Successful trading requires discipline, objectivity, and the willingness to accept when a trade isn’t working. Understanding the risks behind this behavior is essential to protecting your capital and evolving as a trader. -- Why Traders Hold Onto Losing Trades -- It’s not always poor strategy or lack of experience that keeps traders locked in losing positions — it’s often psychology. Several cognitive biases are at play: 1. Loss Aversion Loss aversion refers to our instinctive desire to avoid losses, often stronger than the desire to realize gains. Traders may hold onto a losing position simply to avoid the emotional pain of admitting the loss, hoping the market will eventually turn in their favor. 2. Overconfidence When traders are overly confident in their analysis or trading thesis, they can become blind to changing market conditions. This conviction may cause them to ignore red flags and hold on out of sheer stubbornness or pride. 3. The Sunk Cost Fallacy This is the belief that since you’ve already invested money, time, or effort into a trade, you need to keep going to “get your investment back.” The reality? Past investments are gone — and continuing the position often compounds the loss. These mental traps can distort decision-making and trap traders in unproductive or damaging positions. Being aware of them is the first step toward better judgment. -- The True Cost of Holding Losing Positions -- Holding onto a bad trade costs more than just the money it loses. It impacts your entire trading strategy and limits your growth. Here’s how: 1. Opportunity Cost Capital tied up in a losing trade is capital that can’t be used elsewhere. If you keep $8,000 in a stock that’s fallen from $10,000 — hoping it rebounds — you're missing out on placing that money in higher-performing opportunities. Inactive capital is wasted capital. 2. Deeper Compounding Losses A 20% loss doesn’t sound catastrophic until it becomes 30%… then 40%. The deeper the loss, the harder it becomes to break even. Holding out for a recovery often makes things worse — especially in markets with high volatility or downtrends. 3. Reduced Liquidity Successful traders rely on flexibility. When your funds are tied up in a losing position, you limit your ability to respond to new opportunities. In fast-moving markets, this can be the difference between success and stagnation. Recognizing these costs reframes the decision from “holding on until it turns around” to “preserving capital and maximizing potential.” Consider this simple XAUUSD (Gold) weekly chart example. If you base a trading strategy solely on the Stochastic oscillator (or any single indicator) without backtesting and ignoring the overall trend, focusing solely on overbought signals for reversals, you'll quickly see the oscillator's frequent inaccuracies. This approach will likely lead to substantial and prolonged losses while waiting for a reversal that may never occur. -- Signs It’s Time to Exit a Losing Trade -- The hardest part of trading isn’t opening a position — it’s closing a bad one. But if you know what to look for, you’ll know when it’s time to let go: 1. Emotional Attachment If you find yourself feeling “married” to a trade, it’s a warning sign. Traders often assign meaning or identity to a position. But trading should be based on data and strategy, not sentiment. 2. Ignoring or Adjusting Your Stop Loss Stop Loss orders exist for a reason: to protect your capital. If you habitually move your stop further to avoid triggering it, you’re letting hope override risk management. 3. Rationalizing Losses Statements like “It’ll bounce back” or “This company always recovers” can signal denial. Hope is not a strategy. When you catch yourself justifying a bad position without objective reasoning, it’s time to reevaluate. Consider also reading this article: -- How to Cut Losses and Move Forward -- Cutting a loss isn’t a failure — it’s a skill. Here are proven techniques that help you exit with discipline and confidence: 1. Use Stop Losses — and Respect Them Set a Stop Loss at the moment you enter a trade — and stick to it. It takes the emotion out of the exit and protects your downside. Moving the stop is the fastest path to deeper losses. 2. Trade With a Plan Every trade should be part of a bigger strategy that includes risk tolerance, entry/exit points, and profit targets. If a position hits your predetermined loss threshold, exit. Trust your system. 3. Apply Position Sizing and Diversification Never risk more than a small percentage of your capital on a single trade. Keep your portfolio diversified across different instruments or sectors to avoid one position derailing your progress. 4. Review and Reflect Post-trade analysis is vital. Review both wins and losses to learn what worked — and what didn’t. This practice sharpens your strategy and builds emotional resilience over time. -- Why Cutting Losses Strengthens Your Portfolio -- There’s long-term power in letting go. Here’s what cutting losses early can do for you: 1. Preserve Capital The faster you cut a losing trade, the more capital you retain — and the more opportunities you can pursue. Capital preservation is the foundation of longevity in trading. 2. Reduce Emotional Stress Sitting in a losing trade weighs heavily on your mindset. The stress can cloud your judgment, increase risk-taking, or cause hesitation. Exiting early reduces this emotional drag and keeps you clear-headed. 3. Reallocate to Better Setups Exiting losing trades frees up both capital and mental energy for higher-probability opportunities. This proactive approach builds momentum and reinforces the idea that it’s okay to be wrong — as long as you act decisively. Consider also reading this article: -- Final Thoughts: Discipline Over Denial -- Holding onto losing trades may feel like you're showing patience or commitment — but in reality, it's often denial wrapped in hope. Trading is about probabilities, not guarantees. The most successful traders aren’t the ones who win every trade — they’re the ones who manage losses with discipline. Letting go of a bad trade is a show of strength, not weakness. It’s a deliberate choice to protect your capital, stay agile, and refocus on trades that serve your goals. The market doesn’t owe you a comeback — but with a clear head and disciplined approach, you can always find your next opportunity. ✅ Please share your thoughts about this article in the comments section below and HIT LIKE if you appreciate my post. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
EIGHTCAP:XAUUSDEducation
by FOREXN1
1
Fibonacci Retracement: The Hidden Key to Better EntriesIf you’ve ever wondered how professional traders predict where price might pull back before continuing... the secret lies in Fibonacci Retracement. In this post, you’ll learn: What Fibonacci retracement is Why it works How to use it on your charts (step-by-step) Pro tips to increase accuracy in the market 🧠 What Is Fibonacci Retracement?: Fibonacci Retracement is a technical analysis tool that helps traders identify potential support or resistance zones where price is likely to pause or reverse during a pullback. It’s based on a mathematical sequence called the Fibonacci Sequence, found everywhere in nature — from galaxies to sunflowers — and yes, even in the markets. The Fibonacci sequence is a series of numbers where each number is the sum of the two preceding ones, starting with 0 and 1. The sequence typically begins with 0, 1, 1, 2, 3, 5, 8, 13, and so on. This pattern can be expressed as a formula: F(n) = F(n-1) + F(n-2), where F(n) is the nth Fibonacci number. The key Fibonacci levels traders use are: 23.6% 38.2% 50% 61.8% 78.6% These levels represent percentages of a previous price move, and they give us reference points for where price might pull back before resuming its trend and where we can anticipate price to move before showing support or resistance to the trend you are following. 💡Breakdown of Each Fib Level: 💎 0.236 (23.6%) – Shallow Pullback What it indicates: Weak retracement, often signals strong trend momentum. Buyers/sellers are aggressively holding the trend. Best action: Aggressive entry zone for continuation traders. Look for momentum signals (break of minor structure, bullish/bearish candles). Stay out of the market until you see more confirmation. 💎 0.382 (38.2%) – First Strong Area of Interest What it indicates: Healthy pullback in a trending market. Seen as a key area for trend followers to step in. Best action: Look for entry confirmation: bullish/bearish engulfing, pin bars, Elliott Waves, or break/retest setups. Ideal for setting up trend continuation trades. Stop Loss 0.618 Level 💎 0.500 (50.0%) – Neutral Ground What it indicates: Often marks the midpoint of a significant price move. Market is undecided, can go either way. Best action: Wait for additional confirmation before entering. Combine with support/resistance or a confluence zone. Useful for re-entry on strong trends with good risk/reward. Stop Loss 1.1 Fib Levels 💎 0.618 (61.8%) – The “Golden Ratio” What it indicates: Deep pullback, often seen as the last line of defense before trend reversal. High-probability area for big players to enter or add to positions. Best action: Look for strong reversal patterns (double bottoms/tops, engulfing candles). Excellent area for entering swing trades with tight risk and high reward. Use confluence (structure zones, moving averages, psychological levels, Elliott Waves). Wait for close above or below depending on the momentum of the market. Stop Loss 1.1 Fib Level 💎 0.786 (78.6%) – Deep Correction Zone What it indicates: Very deep retracement. Often a final “trap” zone before price reverses. Risk of trend failure is higher. Best action: Only trade if there's strong reversal evidence. Use smaller position size or avoid unless other confluences are aligned. Can act as an entry for counter-trend trades in weaker markets. Stop Loss around 1.1 and 1.2 Fib Levels ⏱️Best Timeframe to Use Fibs for Day Traders and Swing Traders: Day trading: Day traders, focused on capturing short-term price movements and making quick decisions within a single day, typically utilize shorter timeframes for Fibonacci retracement analysis, such as 15-minute through hourly charts. They may also use tighter Fibonacci levels (like 23.6%, 38.2%, and 50%) to identify more frequent signals and exploit short-term fluctuations. Combining Fibonacci levels with other indicators such as moving averages, RSI, or MACD, and focusing on shorter timeframes (e.g., 5-minute or 15-minute charts) can enhance signal confirmation for day traders. However, relying on very short timeframes for Fibonacci can lead to less reliable retracement levels due to increased volatility and potential for false signals. Swing trading: Swing traders aim to capture intermediate trends, which necessitates giving trades more room to fluctuate over several days or weeks. They typically prefer utilizing broader Fibonacci levels (like 38.2%, 50%, and 61.8%) to identify significant retracement points for entering and exiting trades. Swing traders often focus on 4-hour and daily charts for their analysis, and may even consult weekly charts for a broader market perspective. 🎯 Why Does Fibonacci Work?: Fibonacci levels work because of: Mass psychology – many traders use them Natural rhythm – markets move in waves, not straight lines Institutional footprint – smart money often scales in around key retracement zones It's not magic — it's structure, and it's surprisingly reliable when used correctly. 🛠 How to Draw Fibonacci Retracement (Step-by-Step): Let’s say you want to trade XAU/USD (Gold), and price just had a strong bullish run. ✏️ Follow These Steps: Identify the swing low (start of move) Identify the swing high (end of move) Use your Fibonacci tool to draw from low to high (for a bullish move) The tool will automatically mark levels like 38.2%, 50%, 61.8%, etc. These levels act as pullback zones, and your job is to look for entry confirmation around them. 🔁 For bearish moves, draw from high to low. (I will show a bearish example later) Now let’s throw some examples and pictures into play to get a better understanding. 📈 XAU/USD BULLISH Example: 1.First we Identify the direction of the market: 2.Now we set our fibs by looking for confirmations to get possible entry point: Lets zoom in a bit: Now that we have a break of the trendline we wait for confirmation and look for confluence: Now we set our fibs from the last low to the last high: This will act as our entry point for the trade. 3. Now we can look for our stop loss and take profit levels: Stop Loss: For the stop loss I like to use the fib levels 1.1 and 1.2 when I make an entry based upon the 0.618 level. These levels to me typically indicate that the trade idea is invalid once crossed because it will usually violate the prior confirmations Take Profit: For the take profit I like to use the Fib levels 0.236, 0, -0.27, and -0.618. This is based upon your personal risk tolerance and overall analysis. You can use 0.236 and 0 level as areas to take partial profits. Re-Entry Point Using Elliott Waves as Confluence Example: This is an example of how I used Elliott Waves to enter the trade again from the prior entry point. If you don’t know what Elliott Waves are I will link my other educational post so you can read up on it and have a better understanding my explanation to follow. After seeing all of our prior confirmations I am now confident that our trend is still strongly bullish so I will mark my Waves and look for an entry point. As we can see price dipped into the 0.38-0.5 Fib level and rejected it nicely which is also in confluence with the Elliott Wave Theory for the creation of wave 5 which is the last impulse leg before correction. 🔻 In a downtrend: Same steps, but reverse the direction — draw from high to low and look to short the pullback. XAU/USD Example: As you can see the same basic principles applied for bearish movement as well. ⚠️ Pro Tips for Accuracy: ✅ Always use Fib in confluence with: Market structure (higher highs/lows or lower highs/lows) Key support/resistance zones Volume or momentum indicators Candle Patterns Elliott Waves, etc. ❌ Don’t trade Fib levels blindly — they are zones, not guarantees. 📊 Use higher timeframes for cleaner levels (4H, Daily) 💡 Final Thought Fibonacci retracement doesn’t predict the future — it reveals probability zones where price is likely to react. When combined with structure and confirmation, it becomes one of the most reliable tools for new and experienced traders alike. 🔥 Drop a comment if this helped — or if you want a Part 2 where I break down Fibonacci Extensions and how to use them for take-profit targets. 💬 Tag or share with a beginner who needs to see this!
FOREXCOM:XAUUSDEducation
by WrightWayInvestments
Mastering supply and demand zones - how to use it in trading?Supply and demand zones are key concepts in technical analysis used by traders to identify potential price reversal areas on a chart. They are based on the idea that prices move due to an imbalance between buyers (demand) and sellers (supply). ------------------------- What will be discussed? - What are supply and demand zones? - How to detect supply and demand zones? - Examples from supply and demand zones? - How to trade using supply and demand zones? ------------------------- What are supply and demand zones? Supply and demand zones are areas on a price chart where the forces of buying and selling are strongly concentrated, causing significant movements in price. In simple terms, a supply zone is an area where selling pressure exceeds buying pressure, often leading to a drop in price. It usually forms when price moves upward into a region where sellers begin to outnumber buyers, pushing the price back down. On the other hand, a demand zone is a region where buying pressure exceeds selling pressure, typically resulting in a rise in price. This occurs when price moves downward into a region where buyers see value and begin to outnumber sellers, causing the price to increase again. These zones reflect areas of imbalance in the market. In a supply zone, sellers are more eager to sell than buyers are to buy, often due to overbought conditions, news, or fundamental changes. In a demand zone, buyers are more eager to buy than sellers are to sell, often because the price has become attractive or undervalued. Traders look for these zones because they provide clues about where price may reverse or stall, offering potential entries or exits for trades. ------------------------- How to detect supply and demand zones? Identifying supply and demand zones involves analyzing price action on a chart, typically using candlestick patterns. A common way to detect a supply zone is to look for a sharp upward move followed by a sudden reversal or strong drop in price. The area where the price stalled before falling sharply is likely to be a supply zone. This zone includes the highest candle body or wick before the drop, and a few candles before it that mark where the selling pressure began. To identify a demand zone, you would look for a sharp drop in price followed by a strong rally upward. The area where the price paused before rising significantly can be considered a demand zone. Like with supply zones, the demand zone includes the lowest candle before the price reversed and a few candles leading up to it. These zones are not exact price levels but rather ranges. Price does not have to touch an exact line to react; it often moves within the general area. For more accuracy, traders often refine their zones by identifying them on higher time frames such as the 4-hour or daily chart, then adjusting them slightly on lower time frames like the 1-hour or 15-minute chart. ------------------------- Examples from supply and demand zones: ------------------------- How to trade using supply and demand zones? Trading supply and demand zones involves anticipating how price is likely to behave when it returns to one of these key areas. A common method is to wait for price to enter a zone and then watch for confirmation that it is going to reverse. For example, if price rises into a supply zone, you might look for signs like a bearish candlestick pattern, a drop in volume, or a rejection wick to signal that sellers are stepping in again. This would be an opportunity to enter a short trade with the expectation that price will fall. Conversely, if price falls into a demand zone, you would wait for bullish signals—such as a strong bullish candle, a double bottom pattern, or clear rejection of lower prices—to confirm that buyers are returning. This would be a potential setup for a long trade, expecting the price to move up from the zone. Traders often place stop losses just beyond the zone to limit risk in case the level fails. For a supply zone, the stop loss would go just above the zone, while for a demand zone, it would go just below. Targets can be set at recent support or resistance levels, or by using risk-reward ratios like 1:2 or 1:3 depending on the trader’s strategy. Patience and discipline are important when trading these zones. Not every zone will lead to a reversal, and false breakouts can occur. Therefore, combining supply and demand analysis with other tools such as trendlines, moving averages, or indicators can improve the chances of a successful trade. In summary, supply and demand zones help traders understand where large buying or selling forces are likely to influence price. By learning to identify these zones and waiting for confirmation signals, traders can enter high-probability trades with clear risk and reward levels. ------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Thanks for your support. If you enjoyed this analysis, make sure to follow me so you don't miss the next one. And if you found it helpful, feel free to drop a like and leave a comment, I’d love to hear your thoughts!
TRADENATION:BTCUSDEducation
by Youriverse
81
Mastering the Bollinger Bands- How to use it in trading?What is the Bollinger Bands
Bollinger Bands is a popular technical analysis tool developed by John Bollinger in the 1980s. It is designed to measure market volatility and provide signals for potential price reversals or trend continuations. The Bollinger Bands consist of three lines: a simple moving average in the middle, usually calculated over 20 periods, and two outer bands that are placed a set number of standard deviations above and below the moving average. These outer bands automatically adjust to market conditions, expanding and contracting based on price volatility. The indicator is widely used by traders to understand the relative highs and lows of a financial instrument in relation to recent price action. What will be discussed? - How does it work with the lower band and upper band? - What does the narrowing mean? - What does the widening mean? - How to trade with the Bollingers Bands? ------------------------- How does it work with the lower band and upper band? 
The upper band and the lower band serve as dynamic levels of resistance and support. When the price of an asset touches or exceeds the upper band, it may be considered overbought, suggesting that a reversal or pullback could be near. Conversely, when the price approaches or breaks below the lower band, the asset may be viewed as oversold, indicating a potential rebound. These bands do not generate definitive buy or sell signals on their own but instead help traders assess market conditions. The interaction of price with the upper and lower bands often provides visual cues about the momentum and direction of the market, allowing for more informed decision-making. ------------------------- What does the narrowing mean? 
 The narrowing of the Bollinger Bands occurs when the price becomes less volatile over time. This contraction indicates a period of consolidation or low market activity, where the price is trading in a tighter range. Narrowing bands are often interpreted as a signal that a significant price movement may be coming soon, as low volatility tends to precede high volatility. This phase is sometimes referred to as the "squeeze," and traders closely monitor it to anticipate breakout opportunities. The direction of the breakout, whether upward or downward, is not predicted by the narrowing itself but usually follows shortly after the bands have contracted. ------------------------- What does the widening mean? 
The widening of the Bollinger Bands reflects increasing market volatility. When the price starts to move rapidly either up or down, the bands spread further apart to accommodate this movement. This expansion typically confirms that a new trend is underway or that a breakout has occurred. The wider the bands become, the greater the degree of price fluctuation. During these times, traders may observe stronger momentum in the market, and the continuation of the move may be supported by the growing distance between the bands. However, extremely wide bands may also suggest that a reversal could be nearing, as the market can become overstretched in either direction. ------------------------- How to trade with the Bollinger Bands?
 Trading with Bollinger Bands involves using the bands to identify entry and exit points based on the behavior of price in relation to the upper and lower bands. One common approach is to buy when the price touches or breaks below the lower band and shows signs of bouncing back, and to sell when the price reaches or moves above the upper band and begins to retreat. Another strategy involves waiting for the bands to narrow significantly and then entering a trade in the direction of the breakout that follows. Traders often use Bollinger Bands in combination with other indicators such as RSI, MACD, or volume to confirm signals and reduce the risk of false breakouts. It is important to remember that Bollinger Bands are not predictive on their own but are most effective when used as part of a broader technical analysis framework. ------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
TRADENATION:BTCUSDEducation
by Youriverse
30
Understanding Elliott Wave Theory with BTC/USDIntroduction to Elliott Wave Theory: Elliott Wave Theory is a popular method of technical analysis that seeks to predict the future price movement of financial markets. Developed by Ralph Nelson Elliott in the 1930s, the theory is based on the idea that market movements follow a repetitive pattern, driven by investor psychology. At the core of Elliott’s theory is the idea that markets move in a 5-wave pattern in the direction of the trend, followed by a 3-wave corrective pattern. These waves can be seen on all timeframes and help traders identify potential entry and exit points in the market. Key Concepts of Elliott Wave Theory: 1. Impulse Waves (The Trend) 2. These are the waves that move in the direction of the overall trend. They are labeled 1, 2, 3, 4, 5 and represent the price movement in the main direction of the market. * Wave 1: The initial move up (or down in a bearish market). I like to mark up the first wave how I do my Fibs, from the point where price showed a major impulse. * Wave 2: A correction of Wave 1 (it doesn’t go lower than the starting point of Wave 1). * Wave 3: The longest and most powerful wave in the trend. * Wave 4: A smaller correction in the direction of the trend. * Wave 5: The final push in the direction of the trend, which can be shorter and weaker than Wave 3. 3. Corrective Waves (The Pullbacks) 4. After the five-wave impulse, the market enters a corrective phase, moving against the trend. This corrective phase is generally a 3-wave pattern, labeled A, B, C: * Wave A: The initial correction, typically smaller than Wave 3. * Wave B: A temporary move against the correction (it often confuses traders who think the trend has resumed). * Wave C: The final move against the trend, usually the strongest and most aggressive. How to Implement Elliott Wave on BTC/USD: Let’s break down how you can apply the Elliott Wave Theory to BTC/USD using a simple example. 1. Identify the Trend 2. Start by identifying the current market trend for BTC/USD. Are we in an uptrend or downtrend? This will determine whether you’re looking for a 5-wave impulse up (bullish) or down (bearish). 3. Locate the Waves 4. Look for the five-wave structure in the trend direction. Once you identify a potential impulse move, label the waves accordingly: * Wave 1: A new uptrend starts. * Wave 2: A small pullback (usually less than the size of Wave 1). * Wave 3: A significant surge in price, often the most volatile. * Wave 4: A smaller pullback or consolidation. * Wave 5: The final push higher, which might show signs of exhaustion. 5. Corrective Phase 6. After completing the 5-wave impulse, expect a corrective 3-wave pattern (A, B, C). These corrections typically last longer than expected and can often confuse traders. * Wave A: Price starts to reverse. * Wave B: A retracement that may confuse traders into thinking the trend is resuming. * Wave C: A strong pullback that brings the price even lower. 7. Use Fibonacci Levels as confluence 8. One of the most powerful tools in Elliott Wave analysis is Fibonacci retracement levels. You can use these to predict potential levels where Wave 2 and Wave 4 could end, or where Wave C might complete the correction. Common retracement levels are 38.2%-50% for Wave 4, and 50-61.8% For Waves 2 and B but keep in mind, these wave can retrace up to 100% before the wave analysis becomes invalid. But ideally these points are where you look to make an entry. Wave 2 Example: This one hit the golden spot (0.5-0.618) perfectly and continued to push upward. Wave B and C Example: This example hit closer to the 0.786 level which is also a key level for retracement. Wave 4 Example: This one hit the golden spot (0.382-0.5) for Wave 4 perfectly before continue the bullish momentum. I try to use the RED levels below (1.1 and 1.2) as my invalidation (Stop Loss) levels and the GREEN levels (-0.27 and -0.618) as my Take Profit levels. Depending on your goals you can also use Fib Levels 0.236 and 0 as partial Take Profit levels. 9. Confirm with Indicators 10. To validate your Elliott Wave counts, use other indicators like the RSI (Relative Strength Index), MACD, or Moving Averages. For example, a Wave 3 might occur when the RSI is above 50, indicating strength in the trend. In this example you can see the RSI cross the 50 threshold and the 3rd Wave form. Continuation after the Wave is complete: Tips for Trading with Elliott Wave Theory: * Stay Flexible: Elliott Wave Theory is not set in stone. If the market doesn’t follow the expected pattern, adjust your wave counts accordingly. * Don’t Rely on One Timeframe: A 5-wave structure on one timeframe may be part of a larger wave pattern on a higher timeframe. Always analyze multiple timeframes. * Wave Personality: Waves don’t always look the same as stated earlier. Wave 2 can retrace up to 100% of Wave 1 and Wave 4 should generally not overlap Wave 1 or this may invalidate the Wave structure. * Risk Management: Always use proper risk management techniques. No theory is perfect, so make sure you have a stop-loss in place to manage your risk. Conclusion: Using Elliott Wave Theory on BTC/USD: The Elliott Wave Theory can be a powerful tool for analyzing and forecasting price movements. By identifying the 5-wave impulse and 3-wave corrective patterns, you can gain insights into potential market direction. Just remember to use it alongside other tools and indicators for confirmation, and don’t forget to manage your risk. As you apply it to BTC/USD or any other asset, remember that the market doesn’t always follow the "ideal" patterns, and flexibility is key. Practice on different timeframes, refine your skills, and use the theory as a part of your overall trading strategy. Final Thoughts: If you're just starting, don't get discouraged if you miss a wave or two. Trading is a journey, and with patience and practice, you'll begin to spot these patterns more naturally. Whether you’re analyzing Bitcoin's price action or any other asset, Elliott Wave Theory can give you a deeper understanding of market psychology. Good Luck and Happy Trading!
COINBASE:BTCUSDEducation
by WrightWayInvestments
43
#AN017: Dirty Levels in Forex: How Banks Think In the world of Forex, many retail traders are accustomed to seeking surgical precision in technical levels. Clear lines, pinpoint support, geometric resistance. But the truth is that the market doesn't move in such an orderly fashion. I'm Forex Trader Andrea Russo, and I thank my Official Broker Partner in advance for supporting us in writing this article. Institutions—banks, macro funds, hedge funds—don't operate to confirm textbook patterns. Instead, they work to manipulate, accumulate, and distribute positions as efficiently as possible. And often, they do so precisely at the so-called "dirty levels." But what are these dirty levels? They are price zones, not individual lines. They are areas where many traders place stop losses, pending orders, or breakout entries, making them an ideal target for institutional players. The concept of a dirty level arises from the fact that the price fails to respect the "perfect" level, but breaks it slightly and then retraces its steps: a false breakout, a trap, a hunt for stops. Banks are very familiar with the behavior of retail traders. They have access to much more extensive information: aggregated positioning data, open interest in options, key levels monitored by algorithms. When they see concentrations of orders around a zone, they design actual liquidity triggers. They push the price just beyond the key level to "clean" the market, generate panic or euphoria, and then initiate their actual trade. How are these levels identified? A trader who wants to operate like an institution must stop drawing sharp lines and start thinking in trading bands. A dirty level is, on average, a zone 10 to 15 pips wide, around a psychological level, a previous high/low, or a breakout area. But technical structure alone is not enough. It's important to observe: Volume density (volume profile or book visibility) Aggregate retail sentiment (to understand where stops are placed) Key option levels (especially gamma and maximum pain) Rising open interest (as confirmation of institutional interest) When a price approaches a dirty level, you shouldn't enter. You should wait for manipulation. The price often briefly breaks above that range, with a spike, and only then does it retrace its steps in the opposite direction. That's when banks enter: when retail has unloaded its positions or been forced into trading too late. The truly expert trader enters after the level has been "cleaned," not before. This type of reading leads you to trade in the opposite way to the crowd. It forces you to think ahead: where they want you to enter... and where they actually enter. And only when you begin to recognize these invisible patterns, when you understand that the market is not linear but designed to deceive you, do you truly begin to become a professional trader. Conclusion? Trading isn't about predicting the price, but predicting the intentions of those who actually move the market. Dirty levels are key. Those who know how to read manipulation can enter profitably, before the real acceleration. And from that moment, they'll never look back.
Education
by Andrea_Russo_SwipeUP
Mastering the RSI - How to use it in trading?What will be discussed? - What is the RSI? - RSI overbought - RSI oversold - RSI divergences - How to use the RSI - How to trade with the RSI What is the RSI?
 The Relative Strength Index (RSI) is a popular momentum oscillator used in technical analysis to measure the speed and change of price movements. Developed by J. Welles Wilder Jr., it ranges from 0 to 100 and helps traders evaluate whether a security is overbought or oversold. The RSI typically uses a 14-period timeframe and is calculated based on the average gains and losses over that period. A rising RSI suggests increasing buying momentum, while a falling RSI indicates growing selling pressure. RSI overbought 
When the RSI rises above 70, the asset is generally considered overbought. This condition indicates that the price may have risen too quickly and could be due for a correction or pullback. However, being overbought doesn't automatically mean a reversal will occur, it signals that bullish momentum is strong, and traders should be cautious of potential trend exhaustion. RSI oversold
 Conversely, an RSI reading below 30 is typically seen as a sign that the asset is oversold. This condition suggests the price may have fallen too sharply and could be primed for a rebound. Just like with the overbought condition, an oversold RSI doesn’t guarantee an immediate reversal but serves as a warning that bearish momentum may be overextended. RSI divergences
 Divergences occur when the RSI and the price of the asset move in opposite directions. A bullish divergence happens when the price makes a lower low, but the RSI forms a higher low, potentially signaling a reversal to the upside. A bearish divergence occurs when the price makes a higher high, but the RSI creates a lower high, possibly indicating a downward reversal. Divergences are often used to spot early signs of trend changes. How to use the RSI?
 To use the RSI effectively, traders typically look for overbought and oversold conditions to time entries and exits, combine it with other technical indicators for confirmation, and watch for divergences as a sign of potential reversals. RSI can also be adapted for different timeframes or strategies, depending on whether the trader is looking for short-term swings or long-term trend analysis. While it’s a powerful tool, RSI should not be used in isolation, it works best as part of a broader trading plan that considers market context and risk management. How to trade with the RSI? The RSI can be a powerful tool for identifying potential trade setups. When the price approaches a key support zone while the RSI remains in overbought territory, this may signal an early warning of a possible market reversal. However, rather than acting immediately, it's wise to wait for confirmation. A clear candlestick reversal pattern, such as a bullish engulfing candle or a pin bar, a provide stronger evidence that momentum is shifting. By combining RSI readings with price action and support levels, traders can improve the accuracy and timing of their entries. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
TRADENATION:BTCUSDEducation
by Youriverse
73
Mastering Inverse Fair Value Gaps (IFVG) - How to use them?In this guide, I’ll explain the concept of the Inverse Fair Value Gap (IFVG), how it forms, and how you can use it to identify high-probability trading opportunities. You'll learn how to spot the IFVG on a chart, understand their significance in price action, and apply a simple strategy to trade them effectively. What will be discussed? - What is a FVG - What is an IFVG - What is a bullish IFVG - What is a bearish IFVG - How to trade the IFVG ------------------------------- What is a FVG? A FVG is a technical concept used by traders to identify inefficiencies in price movement on a chart. The idea behind a fair value gap is that during periods of strong momentum, price can move so quickly that it leaves behind a "gap" where not all buy and sell orders were able to be executed efficiently. This gap creates an imbalance in the market, which price may later revisit in an attempt to rebalance supply and demand. A fair value gap is typically observed within a sequence of three candles (or bars). The first candle marks the beginning of a strong move. The second candle shows a significant directional push, either bullish or bearish, often with a long body indicating strong momentum. The third candle continues in the direction of the move, opening and closing beyond the range of the first candle. The fair value gap itself is defined by the price range between the high of the first candle and the low of the third candle (in the case of a bullish move), or between the low of the first candle and the high of the third (in a bearish move). This range represents the area of imbalance or inefficiency. ------------------------------- What is an IFVG? An Inverse Fair Value Gap (IFVG) occurs when a traditional Fair Value Gap (FVG) is not respected by price, and instead of acting as a support or resistance zone, price breaks through it with strength. Normally, a Fair Value Gap represents a price imbalance left by a strong move, and when price returns to this area, it often reacts by respecting the gap, bouncing off it or reversing, because it's seen as a high-probability level where orders may rest. However, in the case of an IFVG, price does not respect this imbalance. Instead, it slices through the FVG in the opposite direction, showing that the initial momentum behind the imbalance has weakened or reversed. This breach is a strong indication that market sentiment is shifting. What was once a zone of strength now becomes invalid, and this failed reaction signals that the opposite side of the market (buyers or sellers) has taken control. The IFVG highlights a key transition in momentum. It tells traders that the prior bias, bullish or bearish, is breaking down, and the new dominant force is pushing price beyond levels that would typically hold. This makes the IFVG useful not only as a sign of failed structure but also as a potential confirmation of a trend reversal or strong continuation in the opposite direction. Essentially, where an FVG usually acts as a wall, an IFVG is what’s left after that wall gets knocked down. ------------------------------- What is a bullish IFVG? A bullish Inverse Fair Value Gap (IFVG) occurs when price breaks through a bearish Fair Value Gap (FVG) instead of respecting it. In a typical bearish FVG, the expectation is that when price retraces into the gap, it will react to the imbalance, usually by reversing lower, as the area represents previous selling pressure or inefficiency caused by aggressive sellers. However, when price does not react bearishly and instead breaks cleanly through the bearish FVG, it signals a shift in market sentiment and momentum. This breakout through the imbalance suggests that buyers are now in control and that the bearish pressure in that zone has been absorbed or invalidated. What was once considered a resistance area is now being overpowered, often leading to continued bullish movement. ------------------------------- What is a bearish IFVG? A bearish Inverse Fair Value Gap (IFVG) occurs when price breaks through a bullish Fair Value Gap (FVG) instead of respecting it. In a normal bullish FVG, the expectation is that when price returns to the gap, it will act as support and prompt a move higher, as this area represents a previous imbalance created by strong buying pressure. However, when price fails to respect the bullish FVG and instead breaks down through it, this signals a shift in momentum to the downside. The anticipated support fails to hold, suggesting that buyers are no longer in control or that their efforts have been overwhelmed by aggressive selling. This kind of move transforms the bullish FVG into a bearish signal, as it confirms weakness in what was previously considered a demand zone. ------------------------------- How to trade the IFVG? Trading the Inverse Fair Value Gap (IFVG) requires patience, precision, and clear confirmation of a shift in momentum. The process involves waiting for key conditions to form before entering a trade. Here's how to approach it step-by-step: First, you need to wait for a liquidity sweep. This means price must take out a recent high or low, typically a short-term liquidity pool, trapping traders on the wrong side of the market. This sweep sets the stage for a potential reversal and indicates that the market is ready to shift direction. After the liquidity sweep, watch for a 1-minute Fair Value Gap (FVG) to form and then get broken in the opposite direction. This break is crucial, it’s what creates the Inverse Fair Value Gap. The invalidation of this initial FVG confirms that momentum has switched and that the market is no longer respecting the previous imbalance. Once the IFVG has formed, your entry comes on the close of the candle that breaks and closes beyond the IFVG, above it in a bullish scenario, or below it in a bearish one. This close confirms that the gap has not held and that price is likely to continue in the new direction. Place your stop loss below the low (for a bullish setup) or above the high (for a bearish setup) of the structure that formed the IFVG. This gives you protection just beyond the level that would invalidate the setup. ------------------------------- Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
Education
by Youriverse
49
Mastering the ICT Power of 3 concept - How to use it in trading!The financial markets often appear chaotic and unpredictable, but behind the scenes, institutional players operate with clear strategies that shape price action. One such strategy is the ICT (Inner Circle Trader) "Power of 3" model, a framework used to understand and anticipate market cycles through three key phases: accumulation, manipulation, and distribution. This guide will break down each of these phases in detail, explaining how smart money operates and how retail traders can align themselves with the true direction of the market.

 What will be discussed? - The 3 phases - Examples of the PO3 - How to trade the PO3 - Tips for trading the PO3 The 3 phases Accumulation 
 The Accumulation Phase in the ICT "Power of 3" model refers to the initial stage of a market cycle where institutional or "smart money" participants quietly build their positions. During this time, price typically moves sideways within a tight range, often showing little to no clear direction. This is intentional. The market appears quiet or indecisive, which is designed to confuse retail traders and keep them out of alignment with the real intentions of the market's larger players. In this phase, smart money is not looking to move the market dramatically. Instead, they are focused on accumulating long or short positions without drawing attention. They do this by keeping price contained within a consolidation zone. The idea is to gather enough liquidity, often from unsuspecting retail traders entering early breakout trades or trying to trade the range, before making a more aggressive move. Manipulation The Manipulation Phase in the ICT "Power of 3" model is the second stage that follows accumulation. This phase is where smart money deliberately moves the market in the opposite direction of their intended move to trigger retail stop losses, induce emotional decisions, and create liquidity. After price has consolidated during accumulation, many retail traders are either already positioned or have orders waiting just outside the range, either stop losses from those trading the range or breakout orders from those anticipating a directional move. The manipulation phase exploits this positioning. Price will often break out of the accumulation range in one direction, appearing to confirm a new trend. This move is designed to look convincing, it might even come with a spike in volume or momentum to draw traders in. However, this breakout is a false move. It doesn’t represent the true intention of smart money. Instead, it's meant to sweep liquidity, triggering stop losses above or below the range, and then reverse sharply. This stop run provides the liquidity needed for large players to finalize their positions at optimal prices. Once enough liquidity is collected, and retail traders are caught offside, the real move begins. Distribution The Distribution Phase in the ICT "Power of 3" model is the final stage of the cycle, following accumulation and manipulation. This is where the true intention of smart money is revealed, and the market makes a sustained, directional move, either bullish or bearish. Unlike the earlier phases, distribution is marked by clear price expansion, increased volatility, and decisive momentum. After smart money has accumulated positions and shaken out retail traders through manipulation, they have the liquidity and positioning needed to drive the market in their desired direction. The distribution phase is where these positions are "distributed" into the broader market, meaning, institutions begin to offload their positions into the retail flow that is now chasing the move. Retail traders, seeing the strong trend, often jump in late, providing the liquidity for smart money to exit profitably. This phase is typically what retail traders perceive as the real trend, and in a sense, it is. However, by the time the trend is obvious, smart money has already entered during accumulation and profited from the manipulation. What appears to be a breakout or trend continuation to most retail participants is actually the final leg of the smart money’s strategy. They are now unloading their positions while price continues to expand. Examples of the Power of 3 How to trade the PO3? Start by identifying a clear accumulation range. This typically happens during the Asian session or the early part of the London session. Price moves sideways, forming a consolidation zone. Your job here isn’t to trade, but to observe. Draw horizontal lines marking the high and low of the range. These become your key liquidity zones. Next, anticipate the manipulation phase, which usually occurs during the London session or at the NY open. Price will often break out of the range, triggering stop losses above the high or below the low of the accumulation zone. This move is deceptive, it is not the real trend. Do not chase it. Instead, wait for signs of rejection, such as a sharp reversal after the liquidity grab, imbalance filling, or a shift in market structure on a lower timeframe (like a 1- or 5-minute chart). Once manipulation has swept liquidity and price starts showing signs of reversing back inside the range or beyond, you now look for a confirmation of the true move, this begins the distribution phase. You enter in the direction opposite of the manipulation move, ideally once price breaks a structure level confirming that smart money has taken control. For example, if price consolidates overnight, fakes a move to the downside (running sell stops), and then quickly reverses and breaks above a key swing high, that's your signal that the true move is likely up. Enter after the break and retest of structure, using a tight stop loss below the recent low. Your target should be based on liquidity pools, fair value gaps, or higher-timeframe imbalances. The key to trading the Power of 3 is patience and precision. You're not trying to catch every move, but to wait for the market to complete its cycle of deception and then ride the clean expansion. Ideally, your entry comes just after manipulation, and you hold through the distribution/expansion phase, taking partials at key liquidity levels along the way. Tips for trading the PO3
 1. Learn price movements Before you can effectively apply the ICT Power of 3 strategy, it’s crucial to have a deep understanding of how price behaves. This means being comfortable identifying market structure, recognizing trend direction, and interpreting candlestick dynamics. Since the Power of 3 is deeply rooted in how price moves in real time, a strong grasp of these basics will give you the confidence to read the market correctly as each phase develops. 2. Analyse multiple timeframes Although the Power of 3 pattern shows up on lower timeframes, relying on just one can lead to misreads. You’ll gain a clearer picture when you align the short-term view with higher timeframe structure. For example, what appears to be accumulation on the 15-minute chart may simply be a retracement in a larger trend on the 1-hour or daily. By examining multiple timeframes together, you can better identify the true setup and avoid being tricked by noise. 3. Exercise patience A key part of trading the Power of 3 is knowing when to act, and more importantly, when not to. It’s easy to get impatient during the accumulation or manipulation phases, but entering too early often leads to frustration or losses. True discipline comes from waiting for the expansion or distribution phase, when the market reveals its real direction. This is where the most favorable risk-to-reward setups occur. Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
Education
by Youriverse
64
Mastering the Death cross and Golden cross - How to use it!In this guide I will discuss the Death crosses and Golden crosses. The next subjects will be described: - What SMA to use? - What is a Death cross? - What is a Golden cross - Is a Death cross always bearish and a Golden cross always bullish? - How did the Death crosses and Golden crosses play out this cycle? What SMA to use for Deathcross and Golden cross on the daily timeframe In technical analysis, when identifying Golden Crosses and Death Crosses on the daily timeframe, the most commonly used moving averages are the 50-day and the 200-day simple moving averages (SMA). The 50-day moving average represents the average closing price of an asset over the past 50 trading days and reflects medium-term market trends. The 200-day moving average, on the other hand, represents the average over a longer period and is used to gauge the broader, long-term trend. What is a Deatch cross? A death cross is a bearish technical analysis signal that occurs when a short-term moving average crosses below a long-term moving average. Most commonly, it refers to the 50-day simple moving average crossing below the 200-day simple moving average on a daily price chart. This crossover suggests that recent price momentum is weakening relative to the longer-term trend, which can be an early indication of a potential downtrend or extended period of market weakness. The death cross is often interpreted as a sign of increasing selling pressure and a shift in investor sentiment toward caution or pessimism. While it does not predict immediate declines, it is closely watched because it has historically preceded some significant market downturns. However, like all technical indicators, it is not infallible. Since it is based on past price data, the death cross is a lagging indicator, meaning it often appears after a downward trend has already begun. What is a Golden cross? A golden cross is a bullish technical analysis pattern that signals the potential beginning of a long-term uptrend. It occurs when a short-term moving average, typically the 50-day simple moving average (SMA), crosses above a long-term moving average, most commonly the 200-day SMA, on a daily price chart. This crossover suggests that recent price momentum is strengthening in relation to the longer-term trend, indicating growing investor confidence and increasing buying interest. The golden cross is widely viewed as a positive signal by traders and investors, often marking a shift from a downtrend or consolidation phase to a more sustained upward movement. It reflects a change in market sentiment where shorter-term gains begin to outweigh longer-term losses. Is a Death cross always bearish and a Golden cross always bullish? The death cross is not always a purely bearish signal. While it reflects that price momentum has shifted to the downside, it's important to remember that moving averages are lagging indicators. By the time the crossover occurs, much of the downward move may already be priced in. As a result, it's common to see a relief rally shortly after the signal appears. This bounce can catch traders off guard, especially those who enter short positions expecting immediate continued weakness. On the other hand, the golden cross often sparks a wave of bullish sentiment. Many traders see it as confirmation of a strong uptrend, leading to increased buying pressure. However, just like with the death cross, the lagging nature of the signal means that much of the initial move may have already happened. It's not unusual for the price to stall or even retrace shortly after the crossover, especially if the market has become overextended. In both cases, the market often reacts in a counterintuitive way in the short term, which is why these signals are best used alongside other tools and indicators. How did the Death crosses and Golden crosses play out this cycle? In this cycle, we’ve seen three death crosses and three golden crosses on the daily timeframe, with a fourth golden cross currently in the making. Interestingly, all three of the previous death crosses have not led to sustained downside as many might expect. Instead, each one has marked a local bottom, followed by strong upward movement in the weeks and months that followed. These signals, rather than being a reason for bearishness, turned out to be contrarian indicators. The most recent death cross occurred when Bitcoin was trading around 80k. From there, it managed to rebound impressively, climbing back above 111k, a clear reminder that death crosses, especially in this cycle, have not been reliable signals for further downside. The golden crosses, on the other hand, have behaved a bit differently than usual in this cycle. The first golden cross actually marked a local top, with Bitcoin facing rejection shortly after. During the second golden cross, price action was more neutral, BTC moved sideways for a period before eventually continuing its upward trend. The third golden cross was followed by only a shallow pullback, after which Bitcoin pushed to new all-time highs. Now, we are approaching the formation of the fourth Golden cross. Based on the pattern of past crosses and current market sentiment, a minor pullback could be on the horizon. It’s not guaranteed, but given the level of euphoria in the market right now, some cooling off would not be surprising. Even if a pullback does occur, the larger trend remains intact, and this golden cross may end up reinforcing that momentum. Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
Education
by Youriverse
36
My First Look at the New 2025 TradingView Stock ScreenerI’ve made plenty of videos in the past covering the old TradingView Stock Screener - the one that used to sit below the chart. In May 2025, TradingView moved the screener to the sidebar and replaced it with the standalone version previously accessed via the top menu. This video is my first walkthrough of the updated layout, and I’m talking through it as I figure out how it works and what’s changed compared to the older version. For this example, I’m scanning for stocks that may have been oversold and are showing signs of recovery. I start with the MACD, looking for bullish crossovers where the MACD line moves above the signal line. I then add RSI and sort it from lowest to highest to highlight stocks that might have been more heavily sold off ie potential value plays. I also apply filters for price (between $10 and $100) and average daily volume (over 100,000) to avoid thinly traded penny stocks. Hope you find it useful. This is my first look at the updated screener, so if I’ve missed anything, feel free to point it out. zAngus
NASDAQ:PLSEEducation
by zAngus
2
Mastering Fair Value Gaps (FVG) - How to use them in trading?In this guide, I’ll explain the concept of the Fair Value Gap (FVG), how it forms, and how you can use it to identify high-probability trading opportunities. You'll learn how to spot FVGs on a chart, understand their significance in price action, and apply a simple strategy to trade them effectively. What will be explained: - What is a FVG? - How can a FVG occur? - What is a bullish FVG? - What is a bearish FVG? - How to trade a FVG? ------------------------------- What is a FVG? A FVG is a technical concept used by traders to identify inefficiencies in price movement on a chart. The idea behind a fair value gap is that during periods of strong momentum, price can move so quickly that it leaves behind a "gap" where not all buy and sell orders were able to be executed efficiently. This gap creates an imbalance in the market, which price may later revisit in an attempt to rebalance supply and demand. A fair value gap is typically observed within a sequence of three candles (or bars). The first candle marks the beginning of a strong move. The second candle shows a significant directional push, either bullish or bearish, often with a long body indicating strong momentum. The third candle continues in the direction of the move, opening and closing beyond the range of the first candle. The fair value gap itself is defined by the price range between the high of the first candle and the low of the third candle (in the case of a bullish move), or between the low of the first candle and the high of the third (in a bearish move). This range represents the area of imbalance or inefficiency. ------------------------------- How can a FVG occur? There are several factors that can trigger a fair value gap - Economic news and announcements - Earnings reports - Market sentiment - Supply and demand imbalances ------------------------------- What is a bullish FVG? A bullish FVG is a specific type of price imbalance that occurs during a strong upward move in the market. It represents a zone where the price moved so aggressively to the upside that it didn’t spend time trading through a particular range, essentially skipping over it. This gap usually forms over the course of three candles. First, a bullish candle marks the beginning of upward momentum. The second candle is also bullish and typically has a large body, indicating strong buying pressure. The third candle opens higher and continues moving upward, confirming the strength of the move. The bullish fair value gap is the price range between the high of the first candle and the low of the third candle. This area is considered an imbalance zone because the market moved too quickly for all buyers and sellers to interact at those prices. ------------------------------- What is a bearish FVG? A bearish FVG is a price imbalance that forms during a strong downward move in the market. It occurs when price drops so rapidly that it leaves behind a section on the chart where little to no trading activity happened. This gap is identified using a three-candle formation. The first candle typically closes bearish or neutral, marking the start of the move. The second candle is strongly bearish, with a long body indicating aggressive selling pressure. The third candle opens lower and continues the move down. The bearish fair value gap is the price range between the low of the first candle and the high of the third candle. That range is considered the imbalance zone, where price skipped over potential trade interactions. ------------------------------- How to trade a FVG? To trade a FVG effectively, wait for price to retrace back into the gap after it has formed. The ideal entry point is around the 50% fill of the FVG, as this often represents a balanced level where price is likely to react. During the retracement, it’s helpful to see if the FVG zone aligns with other key technical areas such as support or resistance levels, Fibonacci retracement levels, or dynamic indicators like moving averages. These additional confluences can strengthen the validity of the zone and increase the probability of a successful trade. Enter the trade at the 50% level of the FVG, and place your stop loss just below the most recent swing low (for a bullish setup) or swing high (for a bearish one). From there, manage the trade according to your risk-to-reward preferences—whether that’s 1:1, 1:2, or a higher ratio depending on your strategy and market conditions. ------------------------------- Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
Education
by Youriverse
87
Mastering Order Blocks: How to Trade Like Smart MoneyIntroduction Order Blocks (OBs) are one of the most critical concepts in Smart Money trading. They represent areas where institutional traders have entered the market with significant volume, typically leading to strong price movements. Identifying and trading Order Blocks gives traders an edge by aligning with the footprints of Smart Money. What is an Order Block? An Order Block is the last bearish candle before a bullish move for bullish OBs, or the last bullish candle before a bearish move for bearish OBs. These candles represent areas where institutions accumulated or distributed large positions, leading to a market shift. Types of Order Blocks A Bullish Order Block appears at the end of a downtrend or during a retracement just before the price moves sharply upward. It is typically represented by the last bearish candle prior to an impulsive bullish move. Price will often return to this level to mitigate institutional orders before continuing upward. A Bearish Order Block, in contrast, forms at the end of an uptrend or retracement where price begins a downward reversal. It is characterized by the last bullish candle before a strong bearish move. Price tends to revisit this level to mitigate before continuing lower. How to Identify a Valid Order Block The key to identifying a valid Order Block is first observing a strong impulsive move, also known as displacement, that follows the OB candle. The move must also result in a break of market structure or a significant shift in direction. Order Blocks that produce Fair Value Gaps (FVGs) or Market Structure Shifts (MSS) tend to be more reliable. Another important sign is when price returns to the OB for mitigation, offering a potential entry. Entry Model Using Order Blocks After locating a valid OB, the next step is to wait for price to return to this area. The ideal entry happens within the OB body or near its 50% level. For extra confirmation, look for a Market Structure Shift or Break of Structure on a lower timeframe. Entries are more powerful when combined with additional elements like Fair Value Gaps, liquidity grabs, or SMT Divergences. The stop-loss should be placed just beyond the OB’s high or low, depending on the direction of the trade. Refinement Techniques To increase precision, higher timeframe OBs can be refined by zooming into lower timeframes like the 1M or 5M chart. Within a broad OB zone, identify internal market structure, displacement candles, or embedded FVGs to determine a more precise entry point. One effective refinement is the Optimal Trade Entry (OTE), which is often found at the 50% level of the Order Block. Order Blocks vs. Supply and Demand Zones While they may seem similar, Order Blocks are more narrowly defined and specifically related to institutional order flow. Supply and Demand zones are broader and typically drawn around areas of price reaction, but OBs are derived from the final institutional candle before a large move and are often confirmed by structure shifts or displacement. This makes OBs more precise and actionable in the context of Smart Money concepts. Target Setting from Order Blocks Targets after entering from an OB should align with liquidity objectives. Common targets include internal liquidity like equal highs or lows, or consolidation zones just beyond the OB. External liquidity targets such as previous major swing highs or lows are also ideal, especially when they align with imbalances or Fair Value Gaps. It's important to adjust targets based on the current market structure and trading session. Common Mistakes to Avoid A frequent mistake is treating any candle before a move as an OB without verifying key signals like displacement or a Break of Structure. Entering without other confirmations, such as an MSS or liquidity sweep, can lead to poor trades. Another common error is placing the stop-loss too tightly within the OB, instead of just beyond it, increasing the chance of premature stop-outs. Traders should also avoid executing OB trades during low-liquidity sessions where price action can be unpredictable and wicky. Final Thoughts Order Blocks are foundational to Smart Money trading. They allow you to enter where institutions have placed large positions and offer clear invalidation and entry logic. With practice, you can identify high-quality OBs and combine them with other concepts like FVGs, MSS, and SMT for powerful, precise trades. Practice on different timeframes and assets, and always look for clean displacement and structure confirmation. Mastering OBs is a big step toward becoming a consistently profitable trader. Trust the Blocks. Trade with Intention.
Education
by Louigi_24
103
Mastering chart patterns - How to use them in trading!Chart patterns are visual formations created by the price movements of a financial asset—like a stock, currency, or cryptocurrency, on a price chart. Traders use these patterns in technical analysis to predict future market direction based on historical behavior. The main chart patterns are the reversal and continuation patterns. ------------------------------- What will we discuss? - Bullish reversal patterns - Bearish reversal patterns - Bullish continuation patterns - Bearish continuation patterns ------------------------------- Bullish reversal patterns: Double bottom A double bottom in trading is a bullish reversal pattern that signals the potential end of a downtrend and the beginning of an uptrend. It forms when the price of an asset falls to a low, bounces back up, then drops again to roughly the same low before rising once more. This creates a "W" shape on the chart. How to trade it: Before entering a trade, wait for the price to break back above the neckline with strong volume, as this indicates a potential bullish reversal. Once the breakout is confirmed, look for an entry on the pullback to the neckline. Inverted head and shoulders An inverted head and shoulders is a bullish reversal pattern that typically forms after a downtrend and signals a possible shift to an uptrend. It consists of three parts: * The left shoulder, where the price makes a low and then bounces. * The head, which is a deeper low followed by another bounce. * The right shoulder, a higher low similar in level to the left shoulder. How to trade it: Before entering a trade, wait for the price to break above the neckline with strong volume, as this confirms the pattern and signals a potential upward move. After the breakout, it's important to wait for a retest of the neckline to look for an entry. Traders typically place a stop-loss just below the right shoulder to manage risk. Falling wedge A falling wedge is a bullish chart pattern that often signals a potential reversal or continuation of an uptrend, depending on where it forms in a price trend. It appears when the price is moving lower but within a narrowing range, creating two downward-sloping, converging trendlines. Both the highs and lows are falling, but the lower highs are coming down faster than the lower lows, which shows that selling pressure is losing strength over time. How to trade it: Wait for the falling wedge to break above the downward trendline and for the price to reclaim the most recent lower high. A breakout alone isn’t always reliable, sometimes the price moves briefly above the trendline without making a higher high, resulting in a fake-out. To confirm the move, wait for a clear higher high and then look to enter on the retracement that follows. ------------------------------- Bearish reversal patterns Double top A double top is a bearish reversal pattern that signals a potential shift from an uptrend to a downtrend. It forms when the price reaches a high, pulls back, then rallies again to the same or similar high but fails to break above it. This creates an "M" shape on the chart. The neckline is the support level at the low point between the two peaks. When the price breaks below this neckline with strong volume, it confirms the pattern and suggests that selling pressure is taking over. How to trade it:
Before entering a trade, wait for the price to break below the neckline with strong volume, as this indicates a potential bearish reversal. Once the breakout is confirmed, look for an entry on the pullback to the neckline. Head and shoulders A head and shoulders is a bearish reversal pattern that typically forms after an uptrend and signals a potential shift to a downtrend. It consists of three peaks: * The left shoulder, where the price rises and then falls. * The head, which is a higher peak followed by another decline. * The right shoulder, a lower high that is roughly equal in height to the left shoulder. How to trade it: Before entering a trade, wait for the price to break below the neckline with strong volume, as this confirms the pattern and signals a potential downside move, After the breakout, it’s important to wait for a retest of the neckline to look for an entry. Traders typically place a stop-loss just above the right shoulder to manage risk Rising wedge A rising wedge is a bearish chart pattern that often signals a potential reversal or continuation of an downtrend, depending on where it forms in a price trend. It appears when the price is moving higher but within a narrowing range, creating two upward-sloping, converging trendlines. Both the highs and lows are rising, but the highs are increasing at a faster rate than the lows. This suggests that buying pressure is weakening over time, and the market may be preparing for a downturn. How to trade it: Wait for the rising wedge to break below the upsloping trendline and for the price to reclaim the most recent high low. A breakout alone isn’t always reliable, sometimes the price moves briefly below the trendline without making a lower low, resulting in a fake-out. To confirm the move, wait for a clear lower low and then look to enter on the retracement that follows. ------------------------------- Bullish continuation patterns Bullflag A bull flag is a continuation pattern that signals the potential for a price to continue moving upward after a brief consolidation or pullback. It forms when the price experiences a strong upward move (the flagpole), followed by a period of consolidation or a slight downward movement (the flag). The flag typically slopes downward or moves sideways, and the consolidation phase usually occurs within two parallel trendlines, creating a rectangle or slight downward channel. How to trade it? Before entering a position, wait for the price to break above the downsloping trendline and establish a higher high. If the price doesn’t make a higher high, it could be a fake-out. Once a higher high is confirmed, look for an entry on the retracement. The target is typically the length of the flagpole projected upward from the breakout point. Bullish pennant A bullish pennant is a continuation pattern that indicates the potential for a price to continue its upward trend after a brief consolidation. It forms when a strong upward move (the flagpole) is followed by a period of consolidation, where the price moves within converging trendlines, creating a small symmetrical triangle or pennant shape. The consolidation typically shows lower highs and higher lows, and the pattern suggests that the market is taking a "breather" before continuing its upward momentum. How to trade it? Before entering a position, wait for the price to break above the downsloping trendline and establish a higher high. If the price doesn’t make a higher high, it could be a fake-out. Once a higher high is confirmed, look for an entry on the retracement. The target is typically the length of the flagpole projected upward form the breakout point. Ascending triangle An ascending triangle is a bullish continuation pattern that typically forms during an uptrend, signaling that the price is likely to continue moving higher. It is characterized by a horizontal resistance line at the top, formed by a series of peaks at roughly the same price level, and an ascending support line at the bottom, formed by higher lows. This creates a triangle shape, where the price is gradually compressing between the horizontal resistance and the rising support. How to trade it? Before entering a position, wait for the price to break above the horizontal resistance level with strong volume. Once the breakout occurs, look for an entry on the retracement back to this area. ------------------------------- Bearish continuation patterns Bearflag A bear flag is a bearish continuation pattern that suggests the price is likely to continue moving downward after a brief consolidation or upward pullback. It forms when there is a strong downward move (the flagpole), followed by a period of consolidation or slight upward movement (the flag). The flag typically slopes upward or moves sideways, and the consolidation occurs within two parallel trendlines, creating a rectangular or upward-sloping channel. This pattern shows that, despite the short-term pullback, the overall downtrend remains intact. How to trade it? Before entering a position, wait for the price to break below the upsloping trendline and establish a lower low. If the price doesn’t make a lower low, it could be a fake-out. Once a lower low is confirmed, look for an entry on the retracement. The target is typically the length of the flagpole projected downward for the breakout point. Bearish pennant A bearish pennant is a bearish continuation pattern that signals a potential continuation of a downtrend after a brief consolidation. It forms when there is a strong downward move (the flagpole), followed by a period of consolidation where the price moves within converging trendlines, creating a small symmetrical triangle or pennant shape. The consolidation typically shows lower highs and higher lows, indicating that the price is taking a pause before continuing its downward movement. How to trade it? Before entering a position, wait for the price to break below the upsloping trendline and establish a lower low. If the price doesn’t make a lower low, it could be a fake-out. Once a lower low is confirmed, look for an entry on the retracement. The target is typically the length of the flagpole projected downward for the breakout point. Descending triangle A descending triangle is a bearish continuation pattern that typically forms during a downtrend, indicating that the price is likely to continue moving lower after a period of consolidation. The pattern is characterized by a horizontal support line at the bottom, formed by a series of lows at approximately the same price level, and a descending resistance line at the top, formed by a series of lower highs. The price contracts between these two trendlines, creating a triangle shape with a downward-sloping upper boundary and a flat lower boundary. How to trade it? Before entering a position, wait for the price to break below the horizontal support level with strong volume. Once the breakout occurs, look for an entry on the retracement back to this area. ------------------------------- Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
Education
by Youriverse
74
Mastering volume bars – How to read and use volume bars!When it comes to trading, price action often takes the spotlight, but volume is the quiet force behind the scenes that tells the real story. Volume bars show how much trading activity occurs during a given time period and can offer valuable insight into the strength or weakness of a price move. In this guide, we’ll break down how to read volume bars, what the different colors represent, and how to use them to make more informed trading decisions. Whether you're a beginner or looking to sharpen your strategy, understanding volume is a key step toward becoming a more confident and capable trader. ------------------------------- What will we discuss: - What is the volume indicator? - What are the green and red volume bars + the MA line? - How does the volume indicator work? - How to use volume during Support/resistance flips? - How to use volume while trading pattern breakouts? - How to use volume while trading inside a pattern? ------------------------------- What is the volume indicator The volume Bar indicator is a simple but yet essential tool that helps traders understand the level of activity behind every price movement. When you add the Volume Bar indicator to your chart, you will see vertical bars appear beneath each candlestick under in your chart. This represents the total volume during that time period. These bars show how much buying and selling occurred, but not whether it was mostly buying or mostly selling. The taller the bar, the more active the market was during that candle. ------------------------------- What are the green and red volume bars + the MA line? A green volume bar means the price closed higher than it opened during that period, indicating bullish sentiment and suggesting that buying pressure was stronger. A red volume bar means the price closed lower than it opened, reflecting bearish sentiment and suggesting that selling pressure dominated. While the volume itself shows how much was traded, the color tells you whether that activity occurred mostly during upward or downward price movement. It's important to note that the color doesn't directly show the number of buyers or sellers, since every trade has both. The MA line in a volume bar indicator stands for “Moving Average.” It represents the average trading volume over a specific number of past periods, smoothing out short-term fluctuations to show the overall trend in volume activity. This helps traders see whether the current volume is unusually high or low compared to the average. For example, if the current volume bar is significantly higher than the MA line, it could signal strong interest or momentum behind a price move. Conversely, if volume is consistently below the MA line, it may indicate weak market participation or a lack of conviction behind recent price changes. ------------------------------- How does the volume indicator work? Using volume effectively in trading involves looking at how it behaves in relation to price. For example, if price is moving up and volume is increasing , that usually confirms strong buying interest, suggesting the move is valid. On the other hand, if price rises on low volume, it could be a sign of weakness or a potential reversal. The same logic applies to down moves, if price drops on high volume, it is more likely a strong selling move. If it drops on low volume, it could just be a temporary pullback. ------------------------------- How to use volume during Support/resistance flips? Volume can also play a key role when trading support and resistance levels. When the price breaks through a key resistance level with strong volume, it often signals a shift in market sentiment and increases the likelihood that this level will now act as support. The high volume behind the breakout indicates strong conviction from buyers, meaning bulls were actively stepping in to push price higher. Because of this, if the price comes back down to retest that zone, it's likely that buyers will defend it, turning the former resistance into solid support. This concept is often referred to as a "break and retest" strategy, and volume is what helps confirm whether the breakout was strong enough to validate the level as a new base. Without significant volume, the breakout might lack follow-through, and the price could easily fall back below the level, failing to establish it as support. But when the breakout is backed by high participation, the probability of that level holding increases. I’ve included an example to show exactly how this plays out in action. ------------------------------- How to use volume while trading pattern breakouts? When trading chart patterns, volume can be a powerful tool to confirm whether a breakout is genuine or likely to be a fake-out. Patterns like triangles, flags, head and shoulders, or rectangles often lead to breakouts, but not all of them are trustworthy. That’s where volume comes in. If price breaks out of a pattern, it's important to look at the volume at that moment. A strong breakout is usually accompanied by a noticeable increase in volume. This surge in volume indicates that more market participants are getting involved, adding weight to the move. Essentially, higher volume reflects stronger conviction. It means traders aren’t just watching the breakout, they’re actively trading it. On the other hand, if the price breaks out but the volume remains low or even drops, that’s a red flag. Low volume suggests a lack of interest or commitment, and the breakout may not have enough strength to continue. In such cases, the price might quickly fall back into the pattern, turning what looked like a breakout into a fake-out. ------------------------------- How to use volume while trading inside a pattern? You can also use volume to gain insights while the price is still developing within a chart pattern, such as a rising wedge. In these situations, volume can help reveal the strength, or lack of strength, behind the price movement, even before a breakout occurs. For example, if the price drops sharply with high volume and then starts moving upward again in a rising wedge formation, but this upward move happens on low or declining volume, it can be a sign of potential weakness. The initial high-volume drop shows strong selling pressure, and the lack of buying volume on the recovery suggests that buyers are not fully supporting the move. This imbalance between strong selling and weak buying can indicate that the upward movement is not sustainable. It often means the rising wedge is forming as a corrective or weakening structure, increasing the chances of a breakdown once the pattern completes. In this way, volume becomes a clue, not just for breakouts, but for spotting when a move might be running out of steam even before it happens. ------------------------------- Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
BEducation
by Youriverse
64
Market Structure Shift (MSS) & Break of Structure (BOS) - GuideIntroduction Understanding market structure is fundamental to becoming a consistently profitable trader. Two key concepts that Smart Money traders rely on are the Break of Structure (BOS) and the Market Structure Shift (MSS) . While they may seem similar at first glance, they serve different purposes and signal different market intentions. In this guide, we will break down: - The difference between BOS and MSS - When and why they occur - How to identify them on your charts - How to trade based on these structures - Real chart examples for visual clarity --- Break of Structure (BOS) A Break of Structure is a continuation signal. It confirms that the current trend remains intact. BOS typically occurs when price breaks a recent swing high or low in the direction of the existing trend . Key Characteristics: - Happens with the trend - Confirms continuation - Can be used to trail stops or add to positions Example: In an uptrend: - Higher High (HH) and Higher Low (HL) form - Price breaks above the last HH → BOS to the upside --- Market Structure Shift (MSS) Market Structure Shift signals a potential reversal . It occurs when price breaks a significant swing level against the prevailing trend and is often followed by a shift in the internal structure (e.g., lower highs after higher highs). Key Characteristics: - Happens against the trend] - Signals possible trend reversal - Often occurs after a liquidity grab or stop hunt - Optional: is created by a displacement candle Example: In an uptrend: - Price takes out a significant high (liquidity grab) - Then aggressively breaks the most recent HL → MSS to the downside --- How to Identify BOS and MSS For BOS: 1. Determine the current trend. 2. Identify swing highs/lows. 3. Look for price breaking past these levels in the same direction as the trend . For MSS: 1. Look for signs of exhaustion or liquidity grabs near swing highs/lows. 2. Watch for price to break against the trend structure . 3. Confirm with a shift in internal structure (e.g., lower highs start forming in an uptrend). --- Using BOS and MSS in Your Trading Strategy With BOS: - Use it to confirm trend continuation - Add to your position after a retracement into an OB or FVG - Trail your stop-loss below the most recent HL or above LH With MSS: - Look for confluence (liquidity sweep + MSS = strong signal) - Use it to spot early reversal entries - Wait for a confirmation candle or structure shift on LTF (1m, 5m, 15m) - If the displacement candle is too big you can wait for the retest --- Common Mistakes to Avoid - Confusing BOS with MSS - Ignoring higher timeframe context - Trading MSS too early without confirmation - Chasing BOS without waiting for a proper retracement Pro Tip: Use BOS/MSS with confluences like SMT Divergence, IFVGs, or key session times for higher probability setups. --- Final Thoughts Mastering BOS and MSS will give you an edge in understanding price delivery and anticipating market moves. BOS confirms strength in the current trend, while MSS warns of a possible reversal and new trend forming. Combine these with smart money tools, and you’ll be equipped to enter the market like a pro. Happy Trading!
Education
by Louigi_24
46
Mastering Candlestick Patterns - How to use them in trading!Introduction Candlesticks are one of the most popular and widely used tools in technical analysis. They offer a visual representation of price movements within a specific time period, providing valuable insights into market trends, sentiment, and potential future price movements. Understanding candlestick patterns is crucial for traders, as these formations can indicate whether a market is bullish or bearish, and can even signal potential reversals or continuations in price. While candlesticks can be powerful on their own, trading purely based on candlestick patterns can be challenging and risky. ----------------------------------------------------------------------------------------------- What are we going to discuss: 1. What are candlesticks? 2. What are bullish candlestick patterns? 3. What are bearish candlestick patterns? 4. How to use candlestick patterns in trading? ----------------------------------------------------------------------------------------------- 1. What are candlesticks? A candlestick in trading is a visual representation of price movement in a specific time period on a chart. It is a fundamental element used in technical analysis to study market trends, determine price levels, and predict potential future price movements. A single candlestick consists of four main components: the open, close, high, and low prices for that time period. Here’s how a candlestick works: - The Body: The rectangular area between the open and close prices. If the close is higher than the open, the body is green, indicating a bullish (upward) movement. If the close is lower than the open, the body is red, signaling a bearish (downward) movement. - The Wick (high and low of the candle): The thin lines extending above and below the body. These represent the highest and lowest prices reached during the period. The upper wick shows the highest price, while the lower wick shows the lowest price. - The Open Price: The price at which the asset began trading in that time period (for example, the start of a day, hour, or minute depending on the chart timeframe). - The Close Price: The price at which the asset finished trading at the end of the period. ----------------------------------------------------------------------------------------------- 2. What are bullish candlestick patterns? What is a Hammer Candlestick Pattern?
 A hammer candlestick pattern has a small body near the top of the candle and a long lower wick, typically two to three times the length of the body. There is little to no upper wick. This formation shows that during the trading session, sellers managed to push the price significantly lower, continuing the downward momentum. However, buyers eventually stepped in with strong demand and drove the price back up near the opening level by the close. What is an Inverted Hammer? An inverted hammer has a small body near the bottom of the candle with a long upper wick, usually at least two to three times the size of the body, and little to no lower wick. This unique shape resembles an upside-down hammer, hence the name. What is a Dragonfly Doji?
 A dragonfly doji has a unique shape where the open, close, and high prices are all at or very close to the same level, forming a flat top with a long lower wick and little to no upper wick. This gives the candle the appearance of a "T," resembling a dragonfly. What is a Bullish Engulfing? A bullish engulfing candlestick consists of two candles. The first candle is bearish, indicating that sellers are still in control. The second candle is a large bullish candle that completely engulfs the body of the first one, meaning it opens below the previous close and closes above the previous open. This pattern reflects a clear shift in market sentiment. During the second candle, buyers step in with significant strength, overpowering the previous selling pressure and reversing the momentum. The fact that the bullish candle completely engulfs the previous bearish candle indicates that demand has taken over, signaling a potential trend reversal. What is a Morning Star?
 The morning star consists of three candles. The first is a long bearish candle, indicating that the downtrend is in full force, with strong selling pressure. The second candle is a small-bodied candle, which can be either bullish or bearish, representing indecision or a pause in the downtrend. Often, the second candle gaps down from the first, indicating that the selling pressure is subsiding but not yet fully reversed. The third candle is a long bullish candle that closes well above the midpoint of the first candle, confirming that buyers have taken control and signaling the potential start of an uptrend. ----------------------------------------------------------------------------------------------- 3. What are bearish candlestick patterns? What is a Shooting Star?
 A shooting star has a smal body near the low of the candle and a long upper wick, usually at least twice the size of the body, with little to no lower wick. This shape shows that buyers initially pushed the price higher during the session, continuing the upward momentum. However, by the close, sellers stepped in and drove the price back down near the opening level. What is a Hanging Man?
 A hanging man has a distinct shape, with a small body positioned near the top of the candle and a long lower wick, usually at least twice the length of the body. There is little to no upper wick. The appearance of this candle suggests that although there was strong selling pressure during the session, buyers managed to bring the price back up near the opening level by the close. Despite the recovery, the long lower wick shows that sellers were able to push the price down significantly at one point. This introduces uncertainty into the uptrend and can indicate that bullish momentum is weakening. What is a Gravestone Doji?
 A gravestone doji has a distinctive shape where the open, low, and close prices are all at or near the same level, forming a flat base. The upper wick is long and stretches upward. This shape resembles a gravestone, which is where the pattern gets its name. What is a Bearish Engulfing?
 A bearish engulfing candlestick pattern is a two-candle reversal pattern that typically appears at the end of an uptrend and signals a potential shift from bullish to bearish sentiment. The first candle is a smaller bullish candle, reflecting continued upward momentum. The second candle is a larger bearish candle that completely engulfs the body of the first one, meaning it opens higher than the previous close and closes lower than the previous open. This indicates that bears have taken control, overpowering the buyers, and suggests a potential downside movement. What is an Evening Star?
 An evening star is a bearish candlestick pattern that typically signals a potential reversal at the top of an uptrend. It consists of three candles and reflects a shift in momentum from buyers to sellers. The pattern starts with a strong bullish candle, showing continued buying pressure and confidence in the upward move. This is followed by a smaller-bodied candle, which can be bullish or bearish, and represents indecision or a slowdown in the uptrend. The middle candle often gaps up from the first candle, showing that buyers are still trying to push higher, but the momentum is starting to weaken. The third candle is a strong bearish candle that closes well into the body of the first bullish candle. This candle confirms that sellers have taken control and that a trend reversal could be underway. The more this third candle erases the gains of the first, the stronger the reversal signal becomes. ----------------------------------------------------------------------------------------------- 4. How to use candlestick patterns in trading? Candlestick patterns are most useful when they appear at key levels, such as support, resistance, or significant trendlines. For instance, if a bullish reversal pattern like a hammer or bullish engulfing forms at a support level, it may indicate that the downtrend is losing momentum, and a reversal could be coming. Trading based on candlestick patterns alone can be risky. To improve your chances of success, always seek additional confirmation from other technical analysis tools. Here are some common ones: - Support and Resistance Levels: Look for candlestick patterns that form near key support or resistance levels. For instance, if the price reaches a support zone and a bullish reversal candlestick pattern forms, this may suggest a potential upward reversal. - Fibonacci Retracement: Use Fibonacci levels to identify potential reversal zones. If a candlestick pattern appears near a key Fibonacci level (such as the Golden Pocket), it adds confirmation to the idea that the price may reverse. - Liquidity Zones: These are areas where there is a high concentration of buy or sell orders. Candlestick patterns forming in high liquidity zones can indicate a stronger potential for a reversal or continuation. - Indicators and Oscillators: Incorporating indicators like the Relative Strength Index (RSI), Moving Averages, MACD, or Stochastic RSI can help confirm the momentum of the price. For example, if a candlestick pattern forms and the RSI shows an oversold condition (below 30), this could indicate a potential reversal to the upside. It’s crucial to wait for confirmation before entering a trade. After a candlestick pattern forms, it’s important to wait for the next candle or price action to confirm the signal. For example, if you spot a bullish reversal candlestick like a hammer at support, wait for the next candle to close above the hammer’s high to confirm that buyers are in control and a reversal is likely. ----------------------------------------------------------------------------------------------- Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
Education
by Youriverse
89
Smart Money Technique (SMT) Divergences - The Ultimate GuideIntroduction SMT Divergences are a powerful concept used by professional traders to spot inefficiencies in the market. By comparing correlated assets, traders can identify hidden opportunities where one market shows strength while the other shows weakness. This guide will break down the major SMT divergences: EURUSD/GBPUSD, US100/US500, and XAUUSD/XAGUSD . --- What is SMT Divergence? SMT Divergence occurs when two correlated assets do not move in sync, signaling potential liquidity grabs or market inefficiencies. These divergences can be used to confirm trend reversals, identify smart money movements, and improve trade precision. Key Concepts: - If one asset makes a higher high while the correlated asset fails to do so, this suggests potential weakness in the pair making the higher high. - If one asset makes a lower low while the correlated asset does not, this suggests potential strength in the pair that did not make a lower low. - Smart Money often exploits these inefficiencies to engineer liquidity hunts before moving price in the intended direction. --- EURUSD vs. GBPUSD SMT Divergence These two forex pairs are highly correlated because both share the USD as the quote currency. However, when divergence occurs, it often signals liquidity manipulations. How to Use: - If GBPUSD makes a higher high but EURUSD does not, GBPUSD may be trapping breakout traders before reversing. - If EURUSD makes a lower low but GBPUSD does not, EURUSD might be in a liquidity grab, signaling a potential reversal. --- US100 vs. US500 SMT Divergence The NASDAQ (US100) and S&P 500 (US500) are both major indices with a strong correlation, but tech-heavy NASDAQ can sometimes lead or lag the S&P. How to Use: - If US100 makes a higher high but US500 does not, it suggests US100 is extended and may reverse soon. - If US500 makes a lower low but US100 does not, US500 might be experiencing a liquidity grab before a reversal. --- XAUUSD vs. XAGUSD SMT Divergence Gold (XAUUSD) and Silver (XAGUSD) have a historic correlation. However, due to differences in volatility and liquidity, they can diverge, presenting trading opportunities. How to Use: - If Gold makes a higher high but Silver does not, Gold might be overextended and ready to reverse. - If Silver makes a lower low but Gold does not, Silver might be in a liquidity grab, signaling strength. --- Indicator Used for SMT Divergences To simplify the process of identifying SMT divergences, this guide utilizes the TradingView indicator TehThomas ICT SMT Divergences . This tool automatically detects divergences between correlated assets, highlighting potential trade opportunities. You can access the indicator here: Why Use This Indicator? - Automatically plots divergences, saving time on manual comparisons. - Works across multiple asset classes (Forex, Indices, Metals, etc.). - Helps traders spot Smart Money inefficiencies with ease. --- Final Tips for Trading SMT Divergences 1. Use Higher Timeframes for Confirmation: SMT Divergences on 1H or 4H hold more weight than those on lower timeframes. 2. Combine with Other Confluences: ICT concepts like Order Blocks, FVGs, or liquidity sweeps can strengthen the SMT setup. 3. Wait for Market Structure Confirmation: After spotting SMT divergence, look for a market structure shift before entering trades. 4. Be Mindful of Economic Events: Divergences can appear due to news releases, so always check the economic calendar. --- Conclusion SMT Divergences are a valuable tool for traders looking to gain an edge in the markets. By analyzing inefficiencies between correlated assets, traders can anticipate smart money movements and improve trade precision. Practice spotting these divergences on real charts, and soon, you'll develop a keen eye for hidden liquidity traps. Happy trading!
Education
by Louigi_24
98
Think Like a Pro: Trade with Discipline, Not Emotion **Taming Greed: The Secret to Long-Term Trading Success** Trading is a battlefield of emotions—**excitement, fear, hope, and greed**. Among them, **greed is the silent killer**, pushing traders to overtrade, overleverage, and chase the market, ultimately leading to disaster. As the saying goes: 📉 **“Bulls make money, bears make money, but pigs get slaughtered.”** **Why Greed is Your Worst Enemy** Fear may hold you back, but **greed pushes you into reckless decisions**. It makes you **ignore your trading plan, risk too much, and hold losing trades for too long**—all in pursuit of bigger gains. But here’s the truth: **The market rewards patience, not desperation.** **How to Keep Greed in Check & Trade Like a Pro** 🔥 **Follow a Strict Trading Plan** A well-defined **plan is your shield against impulsive decisions**. Know your entry, exit, and risk before placing a trade. **Discipline beats greed—every time.** 📊 **Master Risk Management** Avoid the temptation to **bet big for quick gains**. A strong **risk strategy protects your capital** and ensures survival in the long run. The goal isn’t just to win—it’s to stay in the game. ⏳ **Say No to Overtrading** More trades don’t mean more profits—**it usually means more losses**. Trade **with precision, not emotion**. If you’re trading just for the thrill, **you’re gambling, not investing**. **Success = Patience + Discipline** Greed is an illusion—it promises wealth but delivers ruin. The real path to trading mastery lies in **consistency, control, and calculated risks**. 💡 **Trade smart. Stay disciplined. Build wealth the right way.**
FOREXCOM:XAUUSDEducation
by Harry_Megat
DOGS Main Trend. Tactics of Working on Risky Crypto 03 2025Logarithm. Time frame 3 days. Tactics of working on super-risky cryptocurrencies of low liquidity, which are always sold (without loading the glass), by the creators of “nothing”. In order to increase sales, of course, when they rationally reverse the trend and make pumps at a large % and marketing positive news "have time to buy". On such assets with such liquidity, “killed faith” (at the moment), and control of the emission in “one hand” it is not difficult. Something like in BabyDOGE. On such assets you should always remember: 1️⃣ allocate a certain amount for work in general on such assets from the deposit as a whole. 2️⃣ distribute money (potential reversal and decline zones) from this allocated amount to each similar asset in advance. 3️⃣ diversify similar assets themselves (5-10 cryptocurrencies), understanding that sooner or later they will scam. The scam of one of them should not be reflected significantly on the balance of the pump/dump group of low liquidity. It is impossible to guess everything that does not depend on you, and it is not necessary. Your miscalculations (what does not depend on you) are smoothed out by your initial trading plan and risk control, that is, money management (money management). 4️⃣ Set adequate goals. Part of the position locally trade 40-80% (not necessary, but this sometimes reduces the risk). 5️⃣ Work with trigger orders and lower them if they did not work and the price falls. 6️⃣ Remember that in consolidation and cut zones in assets of such liquidity, stops are always knocked out, so the size of the stop does not really matter. It will be knocked out, especially before the reversal. 7️⃣ Before the reversal of the secondary trend, as a rule, they first do a “hamster pump” by a conditionally significant %, when everyone is "tired of waiting". They absorb all sales. Then the main pumping without passengers by a very large % takes place to form a distribution zone. As a rule, it will be lower than the pump highs, that is, in the zone when they are not afraid to buy, but believe that after a large pump, the highs will be overcome significantly. 8️⃣ Remember that assets of such liquidity decrease after listings or highs by: a) active hype, bull market -50-70% b) secondary trend without extraordinary events -90-93% c) cycle change -96-98% or scam, if it is a 1-2 cycle project (there is no point in supporting the legend, how it is easier to make a candy wrapper from scratch without believing holders with coins). 9️⃣In the capitulation zone, there can be several of them depending on the trend of the market as a whole and rationality, the asset is of no interest to anyone. Everyone gets the impression that everything is a scam. That is, on the contrary, you need to collect the asset, observing money management, that is, your initial distribution of money and the risk that you agreed with in advance. As a rule, in such zones people "give up" and abandon their earlier vision. 🔟 After the entire position is set (pre-planned, according to your money management), stop and do not get stuck in the market and news noise. Wait for your first goals. Remember, people always buy expensive, and refuse to buy cheap ("it's a scam", they try to "catch the bottom"), when "the Internet is not buzzing". This all happens because there is no vision, and as a consequence, no tactics of work and risk control . Many want to guess the “bottom”, or “maximums”, and refuse to sell when they are reached. The first and second are not conditionally available, on assets of such liquidity and emission control. But, there are probabilities that you can operate and earn on this, without getting stuck in the market noise. And also in the opinions of the majority (inclination to the dominant opinion and rejection of your plan and risk control), from which you must fence yourself off. Most people, immersed in market noise and the opinions of others , choose for themselves the price movement, which is beneficial to them at the moment , and to which they are inclined, but do not provide themselves with the tactics of work. This is a key mistake, and the main manipulation that the conditional manipulator achieves, who, by the way, is sometimes not on the asset, to form an opinion and, as a consequence, the actions of the majority. Because, in essence, most people do not have the tactics of work. Where the news FUD (inclination to the dominant opinion), “market noise” (cutting zones and collecting liquidity), the opinion of the majority, is directed, that is what they are inclined to. When the price goes in the other direction, it is disappointment. If these are futures — liquidation of the position. Zeroing out due to greed. If this is spot — "proud random holders" , without the ability to average the position (no money), to reduce the average price of the position set as a whole, and as a result increase the % of profit in the future. A trading plan and risk control are the basis, not guessing the price movement. If you do not have the first “two whales” of trading in your arsenal, then you have nothing. It doesn't matter how much you guess the potential movement, as the outcome of such practice is always the same, and it is not comforting.
Education
by SpartaBTC
10
USDT dominance. (USDC is similar). 03 2025Time frame 1 week. Crypto market dominance to % USDT. I showed this for the first time on 03 2022, nothing has changed since then, everything is the same and the logic is identical. USDT dominance. USDT pumping indicator to the market 03 2022 USDT dominance. Indicator of USDT pumping to and from the market 05 2022 ✔️Stablecoin dominance is falling — the market is growing. ✔️Stablecoin dominance is growing — the market is falling. It cannot be otherwise (capital movement), until the time when ETFs with the US dollar are not massively introduced and popular, they will draw some of the liquidity to themselves. Which will slightly change the logic of this trend itself. Comparable, in terms of impact on the market, as before the introduction of trading pairs to alts/USDT instead of BTC/alts (everyone was like that). Until then, USDT was needed. You need to understand that the main " transitional dollar for the people ", that is, USDT , - reflects the trend of all stablecoins. In particular, the main "competitor" - USDC, all the others (a temporary phenomenon) do not matter. Until USDT exists and can be used to track the direction of the money flow, that is, the direction of the cryptocurrency market. In 2022 09, I also showed this game of liquidity flow into ideas with the combined dominance of USDC + USDT + BTC chart. But this is already a complication, everything is already visible and clear on the dominance of USDT. Domination of USDT + USDC and lows/maxims of BTC. Correlation 2022 09 Remember, any stablecoin is an alt. The experience with UST (Moon Falling into an Urn) has taught many not to equate stablecoins to a real dollar. The price stability of any stablecoin depends only on people's faith in its stability. This faith is projected by marketing activity, and first of all by the real capital that stands behind the creators. Everything conceived and implemented has a beginning and an end. Bitcoin dominance to alts. I will duplicate my latest idea on Bitcoin dominance here once again. I used it before (it was rational), before 2020 (I used to make a lot of ideas about local zones as triggers for market reversals). Now it doesn't do much. But I see people are fixated on this, not understanding the essence, and why it was so effective before and childishly clear when the market would be reversed (there were no pairs to USDT, but only alts to BTC). Before 2018 (100% efficiency), before 2020 (partial), the dominance of Bitcoin to other alts was such an indicator of the pump/dump of the market. As it was the main direction of money flow. Almost all alts were traded only to Bitcoin. Доминация BTC к альткоинам. Доминация стейблкоинов и памп рынка. 07 2022 Have a plan and understand what you are doing, observing money and risk management. As a result, you will be calm and satisfied with your profit from the market, if you are an adequate person. Alt dominance. And this is the idea of ​​training/work (understanding the reversal zones of the crypto market of secondary trends) in 2023 on alts. That is, the dominance of alts without stablecoins, bitcoin and ether, which take away most of the market capitalization as a whole. The dominance is growing, naturally money is pouring into alta and vice versa. There are also similar ideas (look for publications in 2023) for certain groups of assets. That is, the point is to catch the hype, by groups of candy wrappers or, on the contrary, the threshold of stopping the flow of money into another hype. BTC dominance to altcoins. Dominance of stablecoins and market pump . 07 2022 Without pain, there is no way for someone to gain benefits in the speculative market. Who will experience pain and who will gain benefits depends only on the qualities of the person who decided to engage in trading. That is, the totality of his positive/negative qualities that project his actions in the market. Everything is extremely simple and honest. Dollar Index. There are a series of interrelated ideas (three, detailed explanation), about the dollar index, that is, the larger cyclicality of the markets in general, and the crypto market as a small projection. Also, all publications of 2022-2023. DXY Dollar Index USA. Recession and Pump/Dump Market Indicator 09 2022 DXY (Dollar Index) and Pump/Dump BTC. Market Cycles . 09 2022
CRYPTOCAP:USDT.DEducation
by SpartaBTC
6
How to develop a simple Buy&Sell strategy using Pine ScriptIn this article, will explain how to develop a simple backtesting for a Buy&Sell trading strategy using Pine Script language and simple moving average (SMA). Strategy description The strategy illustrated works on price movements around the 200-period simple moving average (SMA). Open long positions when the price crossing-down and moves below the average. Close position when the price crossing-up and moves above the average. A single trade is opened at a time, using 5% of the total capital. Behind the code Now let's try to break down the logic behind the strategy to provide a method for properly organizing the source code. In this specific example, we can identify three main actions: 1) Data extrapolation 2) Researching condition and data filtering 3) Trading execution 1. GENERAL PARAMETERS OF THE STRATEGY First define the general parameters of the script. Let's define the name. "Buy&Sell Strategy Template " Select whether to show the output on the chart or within a dashboard. In this example will show the output on the chart. overlay = true Specify that a percentage of the equity will be used for each trade. default_qty_type = strategy.percent_of_equity Specify percentage quantity to be used for each trade. Will be 5%. default_qty_value = 5 Choose the backtesting currency. currency = currency.EUR Choose the capital portfolio amount. initial_capital = 10000 Let's define percentage commissions. commission_type = strategy.commission.percent Let's set the commission at 0.07%. commission_value = 0.07 Let's define a slippage of 3. slippage = 3 Calculate data only when the price is closed, for more accurate output. process_orders_on_close = true 2. DATA EXTRAPOLATION In this second step we extrapolate data from the historical series. Call the calculation of the simple moving average using close price and 200 period bars. sma = ta.sma(close, 200) 3. DEFINITION OF TRADING CONDITIONS Now define the trading conditions. entry_condition = ta.crossunder(close, sma) The close condition involves a bullish crossing of the closing price with the average. exit_condition = ta.crossover(close, sma) 4. TRADING EXECUTION At this step, our script will execute trades using the conditions described above. if (entry_condition==true and strategy.opentrades==0) strategy.entry(id = "Buy", direction = strategy.long, limit = close) if (exit_condition==true) strategy.exit(id = "Sell", from_entry = "Buy", limit = close) 5. DESIGN In this last step will draw the SMA indicator, representing it with a red line. plot(sma, title = "SMA", color = color.red) Complete code below. //@version=6 strategy( "Buy&Sell Strategy Template ", overlay = true, default_qty_type = strategy.percent_of_equity, default_qty_value = 5, currency = currency.EUR, initial_capital = 10000, commission_type = strategy.commission.percent, commission_value = 0.07, slippage = 3, process_orders_on_close = true ) sma = ta.sma(close, 200) entry_condition = ta.crossunder(close, sma) exit_condition = ta.crossover(close, sma) if (entry_condition==true and strategy.opentrades==0) strategy.entry(id = "Buy", direction = strategy.long, limit = close) if (exit_condition==true) strategy.exit(id = "Sell", from_entry = "Buy", limit = close) plot(sma, title = "SMA", color = color.red) The completed script will display the moving average with open and close trading signals. IMPORTANT! Remember, this strategy was created for educational purposes only. Not use it in real trading.
Education
by thequantscience
Impulsive Trading:Understanding the Risks and Regaining ControlHave you found yourself hastily clicking the “Buy” or “Sell” button only to be engulfed by regret almost immediately afterward? If so, you're in good company 😃. Impulsive trading is a widespread issue that affects traders of all experience levels, often leading to significant financial losses. Studies reveal that a considerable portion of traders battle with impulsive decision-making, which can drastically influence their overall financial health. Impulsive trading typically arises from emotions rather than careful market analysis or strategic planning. Factors such as the fear of missing out (FOMO), frustration after a loss, or the temptation of quick profits often cloud judgment, resulting in decisions that deviate from disciplined trading practices. This behavior is especially pronounced during volatile market conditions, where emotions can run high. Acknowledging the signs of impulsive trading is essential for fostering discipline and achieving sustained trading success. Understanding the Risks of Impulsive Trading The implications of impulsive trading reach far beyond individual poor trades. Each impulsive action can generate a cascade of errors, diverting traders from their predefined strategies. Engaging in impulsive trading often leads to overtrading, where traders make numerous trades in quick succession while hoping for fast returns, ultimately resulting in mounting losses. This not only increases exposure to market volatility but also raises transaction costs, systematically eroding any potential gains. Another major risk associated with impulsive trading is flawed decision-making. Actions born out of emotional responses lack the rational foundation necessary for sound trading, pushing traders towards choices that diverge from their overall objectives. For instance, abandoning a Stop Loss order or ramping up position sizes following a loss can lead to dramatic financial damage. Moreover, the psychological impact of impulsive trading can result in burnout, heightened stress, and diminished confidence, all of which threaten a trader's long-term viability. Recognizing and understanding these risks highlights the need for self-regulation and a disciplined approach—critical elements for successful trading. Psychological Triggers Behind Impulsive Trading The tendency to trade impulsively often stems from various psychological factors that can be difficult to manage. One of the main culprits is the fear of missing out (FOMO); in fast-paced markets, traders may feel an urgent need to enter positions quickly to seize potential profits. This urgency can lead to ill-timed trades, making them more vulnerable to reversals. Greed is another significant factor that plays a role in impulsive trading. The relentless pursuit of maximizing profits can quickly overshadow a trader’s original plan. As a result, they may prolong a successful trade or increase leverage in hopes of capturing even greater returns, leading to heightened risks. Loss aversion, the instinct to avoid losing money, also contributes to impulsivity. When faced with setbacks, traders might engage in “revenge trading,” making rash decisions in an attempt to recover losses—often dismissing their foundational analytical methods. External factors like social media and market news also amplify these emotional triggers. The overload of information—from Twitter updates to various trading forums—can create a sense of urgency and spur impulsive behavior, even among experienced traders. By acknowledging these psychological influences, traders can cultivate a more deliberate and strategic approach to their decision-making processes. Read also: Identifying Impulsive Trading Behavior Recognizing the signs of impulsive trading is crucial for anyone looking to regain control and establish a more strategic trading method. Indicators of such behavior include: - Ignoring Your Trading Plan: Frequently deviating from established entry and exit criteria in favor of fleeting emotions can indicate a pattern of impulsivity. - Constantly Monitoring Trades: Habitually checking price movements or refreshing trading platforms often suggests an emotional attachment to positions, prompting unnecessary reactions to minor fluctuations. - Execution of Unplanned Trades: Making trades without forethought, especially after emotional highs from winning trades or lows from losses, disrupts a carefully crafted trading plan and exposes one to greater risks. - Neglecting Risk Management Practices: Exceeding leverage limits or disabling Stop Loss orders indicates a tendency to focus on immediate gains rather than sustainable trading strategies. By becoming aware of these behaviors and taking deliberate steps to reflect on each trade's alignment with the overarching strategy, traders can minimize impulsivity and foster a disciplined mindset grounded in rationality. Read Also: Strategies for Overcoming Impulsive Trading Successfully overcoming impulsive trading requires a blend of discipline, self-awareness, and effective strategies. Here are some actionable steps: 1. Set Clear Entry and Exit Criteria: Define explicit guidelines for entering and exiting trades, based on predetermined market conditions or technical indicators. Adhering to these rules minimizes the likelihood of impulsive actions. 2. Employ Stop Loss Orders: Utilize Stop Loss orders to automatically close trades when certain price levels are met. This helps protect against significant losses and allows traders to step back from their positions. 3. Maintain a Trading Journal: Keeping a detailed record of every trade—including motivations, emotions experienced, and outcomes—encourages self-reflection and helps to identify recurring patterns in behavior. 4. Practice Self-Discipline: Establish realistic trading goals and commit to your trading plan. Taking a pause before executing trades can help you refocus on your long-term objectives, minimizing the urge to act impulsively. 5. Restrict Trading Frequency: Set limits on the number of trades you make each day or week to ensure that you only engage in high-quality opportunities, rather than reacting to every market fluctuation. By adopting these strategies, traders can cultivate the discipline necessary to move away from impulsive decision-making, emphasizing logical and goal-oriented actions instead. Cultivating a Rational Trading Mindset Developing a rational mindset is essential for long-term trading success and evading the pitfalls of emotional decision-making. Consider implementing the following techniques: - Mindfulness and Relaxation Practices: Engage in mindfulness exercises to enhance awareness of your thoughts and feelings. Awareness allows you to recognize when emotions may be influencing trading decisions. Even short moments of focused breathing can provide clarity. - Take Breaks Regularly: Long trading sessions can lead to fatigue and impaired judgment. By stepping away from your work periodically, you can recharge and return to your trading activities with fresh insight. - Avoid Trading During Emotionally Charged Situations: If you find yourself facing personal stress or strong emotions, it may be wise to refrain from trading until you regain an even temperament. - Focus on Long-Term Objectives: Prioritize sustained success over immediate rewards. Remind yourself that while impulsive decisions might provide short-term satisfaction, they often result in long-term setbacks. Building a rational trading mindset requires patience and dedicated effort, but it is instrumental in improving trading performance. By incorporating these habits into your routine, you can enhance emotional control and make decisions that reflect logic rather than impulse. I suggest to read also..: The Critical Role of a Trading Plan An effective trading plan is a cornerstone for preventing impulsive decisions that can undermine a trader's performance. The emotional responses associated with impulsive trading—such as fear and greed—can derail even the best-laid strategies. A comprehensive trading plan serves as a guiding framework, providing clarity and structured guidelines to help traders manage emotional impulses. By defining specific goals, a trading plan equips traders with a clear sense of direction, reducing the temptation to chase fleeting opportunities or react to market noise. Furthermore, by integrating principles of risk management into your trading strategy, you ensure that engagement with risks aligns with your personal threshold, thereby minimizing unnecessary exposure. Establishing entry and exit guidelines allows traders to base their decisions on objective criteria, independent of emotion-driven impulses. Read also: Enhancing Trading Discipline with Tools and Techniques Employing specific tools and strategies can support a disciplined trading approach and reduce impulsive behavior. Trading software with alert functions can help by notifying traders when predefined conditions for trades are met, ensuring decisions are based on strategic analysis rather than reactive impulses. Regularly reviewing trading performance is equally vital. This practice allows traders to analyze trades, recognize behavior patterns, fine-tune their strategies, and verify their alignment with their trading plan. Drawing insights from these reviews fosters adherence to disciplined trading and helps traders remain focused and make informed decisions. Read also: In conclusion.. Achieving lasting success in trading depends on rational thought processes and emotional management. A well-developed trading plan, complemented by the right tools and techniques, empowers traders to avoid impulsivity and concentrate on their goals. Although the temptation for quick gains can be powerful, maintaining a disciplined approach is essential for sustainable success. Remember, trading is a journey rather than a sprint. By remaining consistent and methodical, traders can navigate risks effectively, ultimately crafting a strategy that yields long-term results. ✅ Please share your thoughts about this article in the comments section below and HIT LIKE if you appreciate my post. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
OANDA:XAUUSDEducation
by FOREXN1
2