In the fast-paced world of trading, where every tick of the clock can mean profit or loss, mastering the art requires more than just luck or intuition. Whether you're a seasoned veteran or just dipping your toes into the market waters, understanding some fundamental principles can make all the difference.
Adaptability is Paramount: In the ever-evolving...
Beginning with this post, I'm excited to share free educational content diving into the intricacies of Forex trading. We'll cover everything from fundamental basics to advanced concepts and terminology. My aim is to ignite your curiosity about Forex and encourage you to explore this dynamic market with me.
Without delay, let's kick off this week's installment...
I begin by explaining the Video Idea--> Using Multi-Timeframe analysis to put together a trade idea. MTF analysis is absolutely crucial for running a profitable trading business... It's something that takes some experience but once you understand the way in which all timeframes move together it's like an Aha moment. We look at 3 timeframes.. the 1Hr, 4hr and the...
Hello traders welcome back to another Concept video. In this video, we detail some of the best times to trade the Eur/Usd Currency pair. This happens to be at Session opens. We go through the 3 Session opens and walkthrough examples of increasing volume ( Large candles). Session opens can provide a great catalyst for 1) a continuation of momentum of the preceding...
Hey everyone, here are the lists that helps me separate between "go getters vs average joes"
It is really important to find potential candidates/one candidate to help you in this rough journey of living the life to either make it as a full time hustle or side hustle.
On my next posts, I will explain why each of these variables are important to have as day...
Good day, traders.
I would like to take this opportunity to advise both new and experienced traders that holding onto your position indefinitely is not recommended. Based on percentage calculations, the return required to recover to break even increases at a considerably faster pace as losses grow in size due to compound interest. After a loss of 10%, a gain of...
Basic Principles of Trading a Balanced Node
Rule 1: Unless the price breaks and holds Value High or Value Low we should expect buyers and sellers to maintain the current balance.
Rule 2: If we break and re-bid from Period Value High we should treat that level as supportive until it is reclaimed ( buy-side acceptance outside of balance)
Rule 3: If we...
In this Video we breakdown the basics of Market structure.
We first answer what it is, then how to identify it, and then why it is important for anticipating moves in the market.
Hello Traders welcome back to another concept video. This is the second video in our series -- High Volume Times to Trade --
We talk about
1) 4Hr Candle Opens/Closes
2) New York Stock Exchnage Open
3) London Close
Scalping/Intra-day trading during these times, in my experience, can provide unique opportunities to profit on Eur/Usd.
Similar to Part 1 of our...
How do we create a Daily bias to organize our trades ideas?
After all, we want to implement our trades with confidence so that we can manage them as best we can. A Reasonable daily bias can guide us through the volatility and mayhem of intra-day market behavior.
In this video I go through a few hindsight examples and also touch on the current market environment.
Hey! When we start trading we want to make a lot of money and became millionaires by the end of month. This awesome motivation could be cut off easily without following simple plan and strategy.
When I started trading I entered only with 100$ account and loose it all within a month. I didn’t payed attention to my personal financial plan and rules, which cost me a...
Published by Jack D. Schwager in 1989, "Market Wizards" marks the beginning of an indispensable series for traders and investors alike. Through engaging interviews, Schwager brings to light the experiences of titans such as Bruce Kovner, Richard Dennis, Paul Tudor Jones, Michael Steinhardt, Ed Seykota, Marty Schwartz, and Tom Baldwin, making learning from the best...
ZIGZAG Pattern is made up of 3 waves were Wave A has 5 impulse waves, Wave B has 3 corrective waves, and Wave C has 5 waves. Our main focus is riding Wave C once wave B finishes its retracements to fibonacci levels. Ideally, Wave A = Wave C. This means if Wave A made 20% move, Wave C should do the same.
In the world of financial markets, predicting future price movements is akin to unlocking a treasure chest. Two of the most prominent methodologies used by traders and analysts to decipher market movements are Trend Following and Mean Reversion. Each approach offers a unique perspective on how markets behave and provides strategies for capitalizing on this...
Mastering the 70/30 RSI Trading Strategy: A Comprehensive Guide
The 70/30 RSI technique stands out as a popular and effective method for making informed decisions in the financial markets. Leveraging the Relative Strength Index (RSI) indicator, this strategy empowers traders to navigate the complexities of buying and selling various financial instruments, from...
Smart Money Concepts (SMC) empower traders to understand the invisible hand of institutional players ("smart money") in markets. By analyzing liquidity, the lifeblood of price movements, SMC equips you to anticipate potential breakouts and identify high-probability entry points. Let's dive into key concepts:
Liquidity Types:
● ERL (External Range Liquidity) :...
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
We all don't like or don't want to have a losing trade. But this is inevitable in trading, we have to face it. And, Letting your winning run and cutting your losers short has always been the mantra for profitable trading.
This is where I wanted to share 3 ways that...
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Here are 4 numbers you should know so that you can become profitable in FX Trading:
*Check out the Formula in the Chart picture*
Position Size
Determine the appropriate position size based on your risk tolerance, account equity, and the distance to your...
![EURUSD: [EDU-Bite Sized Mini Series]What is Forex?](https://s3.tradingview.com/u/Uc6UnHVC_mid.png "[EDU-Bite Sized Mini Series]What is Forex?")
![USDJPY: [EDU] 3 quick tips when to cut your losses short in trading](https://s3.tradingview.com/p/pvEJD1sO_mid.png "[EDU] 3 quick tips when to cut your losses short in trading")
![USDJPY: [EDU] 4 Numbers You should Know so to be Profitable in FX](https://s3.tradingview.com/k/KNCd3yvf_mid.png "[EDU] 4 Numbers You should Know so to be Profitable in FX")