What are the parts of a trading strategy?
I was doing a backtest on a new concept yesterday, and I realized the different parts of my testing strategy. At that moment, I became aware that the way I see any trading strategy is like an algorithm with several filters or steps. When those filters become "TRUE," we can check the following filter until we have a...
Hey everyone.
Today i want to proceed my sharing of my knowlege about the behavior of large players in the market,
how to notice them and how to use it.
In the last tutorial we had a discussion about points where the major players places them SL and that this points it is = the biggest sales or buys in the market according the directions.
So today i want to show...
Tezos is one of the best token for our robot.
Our robot mainly uses the DCA (dollar cost averaging) trading method.
If the price drops, instead of the Stop loss order, we have a Buy limit order.
This will also cause the Take profit value to drop and approach the current price.
If the price falls and falls, the robot buys and buys. This keeps the Take Profit...
Today we will learn how to create a full setup using 5 Price Action items. This process will be made on the 1H chart and is extremely useful for Swing setups. However, the logic can be applied in any timeframe. This can also be applied to any direction today; we will work with a short setup, but it is the same for a long setup.
1) Daily Resistance zone: If we...
Here, we will expand the information about the chart.
Corrective Structure: Tell us about an accumulation/distribution process. That means that Institutional funds are trying to buy the maximum amount of an asset. Remember, they have a lot of money. They cant set a buy order as Retail traders do. They need to average their buy on a range (that takes time). The...
Hanging man
The hanging man is the bearish equivalent of a hammer (bullish pattern). It typically forms at the end of an uptrend with a tiny body and a long lower wick. The lower wick designates that there was a large sell-off, but bulls headed to take back control and drive the price up. Holding that in mind, after a lengthened uptrend, the sell-off may act as...
Trend Continuation Candlesticks Patterns
There are countless candlestick patterns that traders can use to identify areas of interest on a chart. These can be used for day trading, swing trading, and even longer-term position trading.
Rising three methods
This pattern occurs in an uptrend, where three consecutive red candles with small bodies are attended by...
Distribution Schematic
In essence, the Distribution Schematics works in the opposite way of the Accumulation, but with slightly different terminology.
Wyckoff method distribution schematic
Phase A
The first phase occurs when an established uptrend starts to slow down due to decreasing demand. The Preliminary Supply (PSY) suggests that the selling force is...
The word "divergence" means "to separate and go in different directions."
In trading, it describes a pattern where a price trend and the indicator's trend are the opposite.
Best regards EXCAVO
Triangle is one of the most populat pattern. A lot of traders are trying to use, but mostly thay can not find it, or are drowing it in a wrong way. In this video I am searching patterns with you and also will give you most important principals for trading with it.
Horizontal lines ar crucial to find the best stop levels, but they can give you much more information and also trading opportunities. Try to draw them in a right way and I am sure thay will help you.
Good morning Traders!
This strategy is very simple and clear, it tells us "what to watch, entry, target and stop loss" .
Our idea of technical rebound must be confirmed with a first bullish leg (rally), so if this event does not happen, we will not go looking for a long position. If instead there will be a rally, we will wait for pullback (often around 50%/62%)...
![AA: [ALCOA] HOW TO TRADE A CORRECTIVE STRUCTURE](https://s3.tradingview.com/p/PtAFYSjM_mid.png "[ALCOA] HOW TO TRADE A CORRECTIVE STRUCTURE")
