REPOST ON CHART PATTERNS.
Hey Everyone,
As promised, this year we will also share basic educational posts for our newbies to learn and level up.
BULL & BEAR FLAG PATTERNS
BULL FLAG
This pattern occurs in an uptrend to confirm further movement up. The continuation of the movement up can be measured by the size of the pole.
BEAR FLAG
This pattern occurs in a...
📉 The Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. The indicator can range from 0 to 100. The closing price tends to close near the high in an uptrend and near the low in a downtrend.
📉 The stochastic indicator is a two-line indicator that can be applied to any...
hi, hello fellow traders,
to be positional gold owner, there is only one need, to trust gold to be a reliable store of value for our capital/wealth to time frame of decades.
as most of the funds using gold as store of value and are not really busy trading it too often, but only at meaningful levels for their portfolio as whole (== balancing), we are left with...
Three white soldiers is a bullish candlestick pattern that is used to predict the reversal of the current downtrend in a pricing chart. The pattern consists of three consecutive long-bodied candlesticks that open within the previous candle's real body and a close that exceeds the previous candle's high.
🎯 To identify the three white soldiers pattern, look for...
📉 Survival rules in trading for newbies, if you respect those rules i can make a bet you wound't lose your account as the majority of traders are.
📉 The key word there is IF YOU RESPECT
✅ 1. Always trade with a stop loss
✅ 2. Have a pre-determined risk on each trade no more then 1%
✅ 3. Don't move your stop loss if the price is not going in your favour
✅ 4....
🔰 Trading Defensively
• Proper Lot Size
Stop changing the lot size on each trade you take based on the ,, confluences,, your risk should be pre-determined and fixed.
Example you risk only 0.50% from your account on each trade
• Take Profits before News Release
Number one goal is to protect your equity, news can bring high volatility into the markets and...
This basic representation of a candle is useful to newbies starting of in technical analysis. For all the advanced followers we will post our Goldview report this weekend.
Please note time to time we will be making posts like this to help newbies to start reading and understanding the charts and that has to start with a candle!
Please like, comment and follow...
Gold collapsed extremely hard due to trapped liquidity at the equal highs on the left.
Once banks had pushed the price up aggressively into this area, stopping out sellers, they then could proceed with their aggressive selling.
It is crucial to understand the concept of liquidity if you wish to make high risk to reward trades and understand the WHY behind...
After an impulsive move, the market tends to enter into a consolidation.
This is the zone where buys and sellers fight to win the next move.
Of course, whenever sellers and buyers are fighting - liquidity is built.
In this example, sellers attempted to sell from the structure only to be stop hunted before the true move to the downside.
Likewise, buyers would...
A channel is one of the most basic price action patterns
The channel is a powerful yet often overlooked chart pattern and combines several forms of technical analysis to provide traders with potential points for entering and exiting trades, as well as controlling risk. The first step is to learn how to identify channels. The next steps include determining where...
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What is market risk?
Market risk is the capacity for your trades to result in losses due to unfavourable price movements that affect the market as a whole. There are several factors that can cause market risk, but movement in any of the following can exert major...
Trendlines are the simplest chart pattern you can find, but they are some of the most widely used, and for good reason.
They highlight a price trend going up, down, or sideways. Which therefore will be used for further analysis and other chart patterns, but what many people don't know are the specifics of trendlines. Firstly, widely-touched trendlines (about a...
Concerned. Had always dismissed claims that silver would not be available when the time came but tonight, I've just noticed apmex.com (a top online retailer for precious metals) has now listed many of the top selling 1 OZ SILVER BARS as PRE-SALE ONLY. AKA SOLD-OUT. Then I checked the smaller sub ounce gold coins. Same story.
Wonder what happens next?
...
Gold is following the above channel so time your entry right. Also be prepare for a break in channel at some point, which will break to the downside. At the moment current movement is consolidation, so a big move to follow.
Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes only.
