There are thousands of different ways to trade the market.
During the last 100 years, various trading strategies and techniques were invented.
One of the ways to categorize them is to split them by types of traders.
Such a category type will lean on 2 main elements:
trading frequency and time frame selection.
What is momentum and how to make money on it?
Momentum is a sharp paranormal price movement in one direction or another, unusual for average daily fluctuations of an asset
How to build zones from which impulse movement is most likely to occur?
1) The price is pushed back from the previously built level
2) There is an impulse movement in the other direction
The market is driven by people.
The crowds are always behind strong market rallies.
What the majority fails to recognize is the fact, that being chaotics in its nature, the markets are always trading in predictable patterns.
Believe it or now, but the market participants are driven by the same emotional impulses. It does...
As my first post I thought I would post this as its an excellent example of the strategy I use. Using the Wycoff method I only trade price and volume, used together they can be incredibly powerful.
The strategy is almost as simple as it gets, its gets rid of the clutter and keeps it simple.
Please note Each of these notations on the charts are...
This is at strong support both technically and psychologically as it is at £1. I do not expect this to drop anymore from here, if it does then a quick bounce back should be expected as can be seen on the 21st December 2020. I have set TP at the previous high of 146.45 and then another target at 164 if it breaks the previous high.
I find it hard to believe that this (fairly newly) listed green energy backing company has suffered such a beating - even with the Global Pandemic.
There has been almost all positive news since inception and a series of growth figures and contract wins that quite frankly put a number of considerably larger companies in the sector to shame. With...
Nifty and Bank Nifty @ Important Levels. Expected not to break and trade above 15900 & 35000 at least for today. 15900 Strick has more then 95k open contracts & 35000 strick has more then 77k open contract.
Hy dear Members. hope you all are enjoying our ideas and analysis. Now we are here to discuss about US30. US30 is at the this time..and it has maximum Chances that it will Drop to the price level 34k.
Keep in touch we will update further soon.
Analyzing a price action on Gold I see two potential scenarios for next week.
The price formed a head and shoulders pattern on 12h chart.
1790 - 1795 is its neckline.
In case if the price breaks that and closes below, bearish continuation will be expected.
Next support will be 1756
In this post we will aim to clear some of common misconceptions of trading and how we can help you go further in your trading career by giving you all the tools you need to better understand the market and kill the game.
1. Trading is easy.
Trading is relatively easy IF you know the...
What is a Moving Average?
In technical analysis, there’s an indicator called moving average which calculates the average closing price over a set period of time. If the market is too choppy, often a moving average can help smooth things out and provide a clearer visual of what’s going on in the market and an indication as to where the momentum is whether it’s a...
Leveraged trading allows even small retail traders to make money trading different financial markets.
With a borrowed capital from your broker, you can empower your trading positions.
The broker gives you a multiplier x10, x50, x100 (or other) referring to the number of times your trading positions are enhanced.
We have all been guilty of this at some point as traders.
The only thing that matters to us is the returns or the potential returns 🤑
Our only focus is those returns which we have no control over 🤦♂️
When returns become the only focus we fail to focus on other elements we do control that will get those much wanted gains.
Once upon a time I focused on a...
Regression trends are typically used to determine when a price is unusually far from its baseline. The script calculates the linear regression of volume and price to determine the trend direction and strength. This can be used to determine the volume support for upward/downward trends.
As a special feature, this indicator allows you to choose from three (as of...
Probability Distribution Histogram
During data exploration it is often useful to plot the distribution of the data one is exploring. This indicator plots the distribution of data between different bins.
Essentially, what we do is we look at the min and max of the entire data set to determine its range. When we have the range of the data, we decide how many...
Market Trading Sessions is a tool designed to help traders to find the best times of the day for price action trading. It displays non-overlapping visuals for the major trading sessions : Oceania, Asia, Europe, and USA.
This tool has been designed to match all the following requirements that I needed for optimal usage :
Display opening and...
This script calculates and shows Volume Profile for the fixed range . Recently we have box.new() feature in Pine Language and it's used in this script as an example. Thanks to Pine Team and Tradingview!..
Sell/Buy volumes are calculated approximately!.
"Number of Bars" : Number of the bars that volume profile will be...
A dollar surprise can still hit. There is a last line of defence for the Dollar.
Price has come into a structure area, either a double-bottom or triple bottom, and the 3D ATR line is just below price.
Some say that the US Dollar is bound to crash. That's not necessarily true. Read up on 'Dollar Smile Theory'.
Disclaimer: This is not advice or...
A video analysis looking at the fundamentals of the dollar and where we expect it to move to next.
The inflation narrative in financial markets are very strong right now and its quite possible the market gets caught out...
I discuss the prospects for the dollar in the second half of 2021 and early 2022.
Let me know in the comments your own thoughts.
This is my view on #USDCAD for the next few days
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake...