Hey Purpose Traders. I pray all is well. In this video, I wanted to give you a deep, but quick insight on how you can trade pullbacks using the Fibonacci Retracement Tool.
I'd love to know your thoughts and if you have any questions. Lets chat in the comment section below.
In this video, you will see me analyse my forex watchlists to look for trading opportunities
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✅ Seasonality refers to particular time frames when stocks/sectors/indices are subjected to and influenced by recurring tendencies that produce patterns that are apparent in the investment valuation.
✅ Seasonality is a characteristic of a time series in which the data experiences regular and predictable changes that recur every calendar year. Any predictable...
📝 Fibonacci is a sequence that came up with a Smart mathematician name Leonard Fibonacci came with a sequence that proved that everything in the universe repeats itself in a specific mathematical. From the petals on a flower, to the spiral patterns on snail's shell, all fulfilled with a specific numerical sequence. The same Fibonacci sequence applies in everything...
Hi guys! I would like to briefly explain my strategy, I use liquidity to understand where should market go .
🏦 Liquidity is basically a zone in the market where a lot of stops are located both retail/ institutional, I will look to enter near that area but only after the manipulation on the buy-side or sell-side liquidity to all my trades with "Smart Money". as...
📈 Technical Analysis
I use those bearish candlestick patterns as an extra confluence when price gets into my POI (point of interest) they can make your trade much better.
⬇️ Bearish POI look for :
Tweezer Tops
Three Red Crows
Bearish Engulfing
Evening Star
Hanging Man
Evening Star
Gravestone Doji
‼️ Don't use them ALONE as a single argument, the change of...
🎯 Those are the examples where you use all the confluences i am teaching in my community posts.
✅ Market Structure
✅ Key Level ( Support, Resistance areas)
✅ Candlestick Patterns ( bullish or bearish )
✅ Fibonacci Retracement ( discount or premium )
You can use them as a single confluence but to have a better trade probability i recommend to allign them...
✅ A spinning top is a candlestick pattern that has a short real body that's vertically centered between long upper and lower shadows. The candlestick pattern represents indecision about the future direction of the asset. It means that neither buyers nor sellers could gain the upper hand.
✅ White spinning tops are candlestick lines that are small, green-bodied,...
✅ Volume is an important indicator in technical analysis because it is used to measure the relative significance of a market move. The higher the volume during a price move, the more significant the move and the lower the volume during a price move, the less significant the move.
✅ Volume indicators are technical tools to evaluate a security's bull and bear...
📉 A tweezer is a technical analysis pattern, commonly involving two candlesticks, that can signify either a market top or bottom. Tweezer bottoms are considered to be short-term bullish reversal patterns, whereas tweezer tops are thought to be bearish reversals.
📉 Tweezer top indicates a bearish reversal whereas Tweezer bottom indicates a bullish reversal....
✅ Today we will talk about RISK ON vs RISK OFF Market Sentiment as i use this confluence to enter trades.
🎯 Risk ON vs Risk OFF market sentiment reflects all the market activity, its not a market sentiment for crypto or forex or stock market its for all the financial markets, when i use this confluence i try to understand what are institutional/retail investors...
Hello, this indicator is called Squeeze momentum indicator (Lazy bear) you can check on the indicator search engine. This indicator is simply to use and highly effective, when there is a change in color , and smaller bars that signifies change of trend while the small black crosses within he momentum squeeze bars signifies incoming trend reversal.
Share with me...
📈 To increase your chance of succeding in the financial markets as a trader you should understand what the market phases is and the logic behind this concept.
🔰 Accumulation - tipically accumulation is a range area where price forms equal highs and lows, from an institutional perspective we can see this zone as a clash between sellers and buyers usually after a...
✅ MARKET STRUCUTURE .
Today we will talk about market strucutre in the financial markets, market strucuture is basicall the understading where the institutional traders/investors are positioned are they short or long on certain financial asset, it is very important to be positioned your trading opportunities with the trend as the saying says trend is your friend...
🎯 In the financial market the orders are on two categories.
✅ Market Execution orders LONG - BUY SHORT - SELL meaning that you are ok with the price on the certain asset and you would like to short or long it on the other side there is
✅ Pending Orders - meaning you are not ok with the actual price and you would like to buy/sell it later in time I use pending...
💰 Balanced Market Occurs
1)Before any bigger economic events, news are expected (e.g RBI policy announcement, FED meeting ..etc)
2)Consolidation in the market after the uptrend or downtrend.
3)Low Participation from the Other timeframe players or Institutional players (Christmas & New Year holiday season)
4)Lack of liquidity(both buy side and sell side) in the...
🧠 How to keep Mind Healthy ?
🎯 Don't go against the Markets
Always and always learn from your mistakes & try to never make that again.
🎯 Be Humble
Patient and resist the ilussion that you somehow possess the alchimist's stone of trading, head down and work hard, cocky attitude will ruin your trading career
How do you stay with a healthy mind in the markets ?
✅ Volume is an important indicator in technical analysis because it is used to measure the relative significance of a market move. The higher the volume during a price move, the more significant the move and the lower the volume during a price move, the less significant the move.
✅ Volume indicators are technical tools to evaluate a security's bull and bear...
