In this video I explain how to indentify trends on the chart and how to use this knowledge to make trading decisions. At the end of the video we'll create a simple yet profitable trading strategy Waves Light indicator: Disclaimer I don't give trading or investing advices, just sharing my thoughts
ADA is showing one of the tenets of the DOW Theory. According to Dow, the market has three phases: 1) An accumulation phase 2) A public participation phase 3) A distribution phase The accumulation phase represents informed buying of the investors. The public participation phase is where the prices advance rapidly along with great news. In the distribution phase,...
📍Types of Swing Points A swing point on your chart is simply a turning point for price in the past, either to create a considerable pullback into an established trend, or to reverse it altogether. When a turning point creates a mere pullback it can be classified as a minor swing point. When it creates the base to reverse a trend, it is classified as a major swing...
We are going to discuss the concept of FAIR price and how it is related to momentum. This is also a missing piece of the puzzle related to the guppy moving averages. Which never explains the logic of fair price behind the moving averages. Just saying "traders are selling" or "investors are buying" without giving you the psychology behind the buying and selling. ...
❗️Unleashing the Secrets of the Forex Market: Identifying Trends Made Easy❗️ 💲As traders, one of the most essential skills is the ability to identify trends. In this article, we will embark on a journey to unravel the mysteries of the forex market trends like never before. So, fasten your seatbelts, get ready for an adventure, and let's dive in! ↗️The...
Trend trading strategies play a vital role in every trader’s life because it helps them identify early trades to exit from the market when there is a reverse trend. Typically, there are three different types of trends given below: 1. Uptrend 2. Downtrend 3. Sideways trend Uptrend An uptrend is formed when a price is rising in value. Usually, a bullish trend...
The four market phases in trading are characterized by different levels of buying and selling activity, trading volumes, news and sentiment, and price trends. By understanding these phases, traders and investors can better anticipate market movements and position themselves to take advantage of opportunities as they arise. 🔹 Accumulation In this phase, the...
What Is a Downtrend? A downtrend is a gradual reduction in the price or value of a stock or commodity, or the activity of a financial market. A downtrend can be contrasted with an uptrend. Downtrends are characterized by lower peaks and troughs and mimic changes in the perception of investors. A downtrend is fueled by a change in the supply of stocks investors...
What Is a Downtrend? A downtrend is a gradual reduction in the price or value of a stock or commodity, or the activity of a financial market. A downtrend can be contrasted with an uptrend. Downtrends are characterized by lower peaks and troughs and mimic changes in the perception of investors. A downtrend is fueled by a change in the supply of stocks investors...
Hi guys, This is @CRYPTOMOJO_TA One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. In this chart, we will present some basic information about the bedrock of technical analysis – the...
This is how I use Market Structure and Multi-Timeframe Correlation to look for entry areas
The RSI is a versatile indicator, and can be used to provide entry signals during a trend. To get the signals a moving average is applied to the RSI. 1. Trades are only taken in the direction of the trend. For an uptrend only take longs. For a downtrend only take shorts (puts). 2. During a downtrend the RSI must move above 60 to indicate a pullback. When the...
Hello fam , this is an educational post : Classic downtrend structure : We usually have the creation of new lows Valid supply levels Liquidity grabs Sell opportunities at the first Retest Valid Suppyl levels & Orderblocks
This is meant as a note to learn about using simple trend trades using heiken ashi candle and 10/30 EMAs. Notes: 1. Preferably watch a basic rules of Heiken Ashi Candle shapes. 2. Why Heiken Ashi is used? Less Noise, no reversal pattern, purely identification of trend and EMAs. 3. This demonstration using Zil/USDT is used as an "EXAMPLE" in a downtrend...
A moving average can act as support or resistance. In an uptrend, a 50-day, 100-day or 200-day moving average may act as a support level, as shown in the figure. In an uptrend , a moving average may act as support; like a floor, the price hits the level and then starts to rise again. (1) In a downtrend , a moving average may act as resistance; like a...
hello here i tried to test my strategy of trendlines. as you will see it is reliable and useful to save and update your drawn line on your chart, because it guides you to know in advance the breath of your market. it is like if you draw a path that it will be run by the market. like if you have a cristal ball showin you where and how our market decide. be patient...
Please support this idea with a LIKE👍 if you find it useful🥳 Here is an educational post on how to identify long and short opportunities on the chart without going through much stress. What do you think? Share your opinion in the comment section✍️ Happy Trading💰🥳🤗
Channel - uptrend A channel in the market is two parallel lines of support and resistance, which are formed by the price. This is comparable to a rectangle, only its support and resistance levels are horizontal; The channel almost always slopes up or down. As with a rectangle, there must be at least two peaks forming a resistance line and there must be at least...