This is just something I see in the market. I have acquired savant syndrome and I tend to see things differently than most people. This is just one of the things I see. I made a tutorial for my son and I am not sharing it with you. Obviously the larger the time frame the bigger the move. iCantw84it 05.14.2021
Stocks can go to infinity on the long side, but they can go down 50% infinite amount of times on the short side. Never underestimate the power of the downtrend. Cheap can get a lot cheaper. Low can get a lot lower. Go with the trend, the market is always right.
In this article, we will present some basic information about the bedrock of technical analysis – the trend. Technical research is founded on one main assumption: market prices move in trends as they are freely traded. Traders and investors hope to buy a security at a low price at the outset of an upward trend, ride the trend, and then sell the security at a...
Welcome Traders! In today's trading episode, you will learn how to correctly identify and draw ascending and descending trendlines. Knowing how to identify these lines can set you up for great trade opportunities as shown in this video. Take time to practice what you learned in today's video. Until next time, have fun, and trade confident :)
Welcome Traders! In today's trading episode, you will learn how to identify a confirmed uptrend or downtrend. There are only two elements to define these chart patterns and that's what you'll learn about today. Take time to practice what you learned in today's video. Until next time, have fun, and trade confident :)
Hello, dear subscribers! Today we are going to discuss a very important topic of the trend trading. The trend channel is the most reliable tool of the trading during the trends. Here is an example of the ascending trend channel. For novice traders it is recommended to execute trades only in the direction of a trend. First of all we should determine the trend...
Hello, dear subscribers! Today we are going to examine a very interesting chart pattern which can help you to find the hidden danger in the market. The dead cat bounce is the reverse bearish pattern, hence the market should be in the uptrend before it's formation. After the swing high point is reached the sharp price drop usually follows. When we are able to...
Here I'd just like to go over a great buy position on EUR/AUD. We know the pair is in a long term downtrend. This doesn't mean we can't take intraday buys on the pair providing we target sensible levels. Here we are highlighting how a trendline can be utilised as dynamic resistance. The fibonacci level drawn from our 1hr swing low to high shows that our 0.764...
So long as your feelings dictate your trading, you will feel as chaotic as the markets.
I think therefore it is.
You can make money from an uptrend or a downtrend in trading. Downtrends tend to move faster than uptrends, which is why you will find some traders who opt to only short sell assets in order to capitalize on the quick price action. Many kinds of research show that financial instruments can trend more than 30% of the time. The rest of the time, the active moves...
A similar situation is happening now. Then a breakthrough of the uptrend line, price fixing below the uptrend line and another -81.5% market fall. Previous highs were updated only after 25 years. The situation on the Dow Jones now. A very similar schedule as in 1930. It is important how the price will react near the uptrend line, which will act as a...
Just a small lesson on uptrends vs downtrends. We all know Bitcoin can go wild and when that happens all bets are off. But this is typically how trends work out. To reassure yourself check the historical examples. Simple lesson
how to find a trend or range
As you have probably heard do not trade against the trend. I'm going to assume you know what this means but if you don't read the bottom paragraph first. Trading with the trend is obviously much more beneficial to us, and its clear why we shouldn't go against it. But have you tried being a trend trader? Aka a person who tries to identify trends and rides these ...
It appears we might be having a big run up if BTC price follows through upwards over the 9500 (red line) area towards 9800 - 9920, thereby creating what appears to be a bull flag. Another range trading will then be within the flag before it shoots up but if goes down below the 9200 without hitting the 9800 area, I would assume that move invalidates creating a...
Consider the common situation in Forex when price makes a move for 50 or more pips in one direction. It could be a sudden move covering a large distance in just one or two bars, or it could move steadily over many days. Whether the move surprises you or steadily makes tracks in one direction, it happens that you notice this market might be trending. Will it...