Explaining what the MTF Wave Stoch is all about, does not get any easier with this #Cardano chart $ADA / USDT pair. Feel free to ask if you don't understand!
The signs that I taught you in this lesson can be very useful If they are recognized in the right place One of the best situations to use these signs is near support or resistance
In this tutorial, we go in-depth explaining the head and shoulder & the inverse head and shoulder patterns. Comment your thoughts, like and share 🙂
At some point in your trading career, you will hear the term "Divergence Trading". Divergence simply means when the price and indicator are telling the trader two different things. It can be an effective addition to your trading strategy, especially if already using indicators like RSI or MACD to find overbought and oversold levels but should not be replied on by...
Horn patterns are reversal patterns introduced by Bulkowski in his book "Encyclopedia of Chart Patterns". These reversal patterns are not the most commonly used by traders but have very interesting characteristics. In this post, we will cover details about these interesting patterns, such as identification rules and measure rules. 1. Origin Bulkowski...
Simply * Back Testing * in the image I tried to put into simplest terms how to differentiate a Reversal Patter vs retracement patterns and Tried to add some context to the topic. This is not financial advise. Another EX:
The time is going to be coming soon when the market is going to go back to a bull market. But what if you could identify how to find those reversals yourself? In this video I go over how I use TA to find VERY important reversal and breakout zones. Enjoy
Hello, everyone! While Bitcoin is playing out our long signal it’s time for educational content. Today I wanna show you the candlestick formations which predict the reversals in crypto. I know that in the books we can find more formations with different names, but in practice only these patterns does matter in reversals. All these formations play out with the...
WTI Crude Daily Chart: Thoughts on trading and a trade set up illustration: This post was written on January 18-19th but in order to avoid anyone viewing it as a trade recommendation I have withheld publication until today (1-21). It is only meant to illustrate how I think about trades and setups. The placing of entry and stop orders is complex. You need to...
What are Supply and Demand Zones? ▷ Demand Zone (Accumulation Area): Accumulation comes from a Latin word meaning to increase something over time. A strong uptrend can only exist if buyers outnumber sellers. During a trend, price moves up until enough sellers enter the market to absorb the buy orders. The origin of strong bullish trends is called an...
A couple of weeks ago I noticed the front page of the Economist publication, which had a front-page title – ‘The energy shock’ and it reminded me that market psychology plays a huge part as one of my reversal watch criteria. After all once a market starts moving a lot and grabbing more headlines, more and more people jump on that trend and once it gets to the...
We see too many new traders trade with random lot sizes with no understanding on the impact it has on account sizes, which result in not only losses but BLOWN accounts. This post is by no means a risk or money management strategy but more so just basics on the movement of reversals and how the lot sizes impact the value of your account during this...
Here we see an excellent example of how divergence on the volume weighted directional bias (VWDB) indicator warns of a shift in market direction. If you're not familiar with natural gas futures, this market has been making some BIG moves lately. Here we are looking at the 30 MIN chart on the Henry hub natural gas futures front-month contract. Notice on the chart...
It is easy to get confused with overflowing information about market structure in the trading world. To simplify things we have come up with a way of analysing market structure simply by marking each high or low. In this particular example, you can see that higher lows were being created all the way down the bearish trend, so we knew that it was a seller's...
In this video, I talked about the misconception that Traders have on Pullbacks and Reversals. How to spot and identify them and What they signify. If you loved this, be sure to follow up for more on Trading related content. Cheers! Luchi.
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ Today's video will be about the Candlestick Chart : Reversal Patterns. So lets start by talking about the different types of Patterns : Bullish Reversal Patterns ...
In this video, I show my most recent indicator that I have created which spots reversal zones based on stochastic RSI indicator combined with MACD indicator. Potential buy zones are indicated with green columns printed on the chart, and sell zones are in red. a signal is more powerful and accurate whenever its surrounded by black bars before or after.
The Importance of Timing 8AM - London Open This is where impulsive traders get caught in lures. Traders tend to get pulled in a direction. 9AM-11AM - Reversal Timing This is the only time of the day we are usually interested in. Once the initial lures of the London session are out of the way we begin to see reversals for the rest of the day.