I am going to reveal a powerful fibonacci trading strategy that I learned many years ago. It combines structure analysis, fibonacci retracement and extension levels and candlestick analysis.
Step 1
Find a trending market - the market that is trading in a bullish or in a bearish trend on a daily time frame.
AUDUSD is trading in a bullish trend on a...
If you want to learn Smart Money concepts, but you don't know what to start with, this article with help.
I will share with you 5-steps Smart Money Concepts learning plan . 5 important topics to study in SMC.
Topic 1:
Market Structure - the analysis of a behavior of a price on a chart.
In the contest of Smart Money Concepts you should learn:
-SMC...
When it comes to technical analysis,
the understanding of which support and resistance levels to not trade can be as important as knowing which ones to trade.
In this article, I will show you the structure levels that professional traders avoid to maximize their profits and minimize losses.
Invalidated support and resistance
Invalidated...
Hey traders,
In this post, we will discuss 3 classic trading strategies and stop placement rules .
I will teach you how to set a safe stop loss, relying on price action.
1️⃣The first trading strategy is a trend line strategy .
The technique implies buying/selling the touch of strong trend lines, expecting a strong bullish/bearish reaction from that.
If...
Harmonic ABCD pattern is a classic reversal pattern.
In this article, I will teach you how to recognize that pattern and trade it properly.
This pattern is composed of 3 main elements (based on wicks of the candles):
1️⃣ AB leg
2️⃣ BC leg
3️⃣ CD leg
The pattern is considered to be bullish if AB leg is bearish.
The pattern is considered to be bearish if...
Hey traders,
In this post, we will discuss a common fallacy among struggling traders: overestimation of a one single trade .
💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer to a stop loss or, alternatively, coiling close to a take profit but not...
Hey here is Technical Patterns cheat sheet for traders.
🖨 Every trader must print this cheatsheet and keep it on the desk 👍
🖼 Printable picture below (Right click > Save Image As…)
In finance, technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.
Behavioral...
Hey guys! Do you agree with me?!
It's easy to become charmed by the prospect of making rapid money in the financial markets, yet trading makes almost no one rich – in fact, many individuals lose money*
If you like my graphics, please use Like button 💙💛
* 90% of traders losing money, only 10% get profits. Why?
Here is 3 reasons:
1) Most traders Enter A...
Have you ever been in the following situation?
You pick a trading strategy, you make nice profits and then, for some unknown reasons, you start losing. You take one trade after another and the strategy stops working.
That is a very common thing that happens will every trader. I am trading for more than 9 years, and you know what, this year I got a trading...
Hey traders,
It turned out that many newbie traders completely neglect spreads in their trading.
In this post, we will discuss what is the market spread and how it can occasionally spoil a seemingly good trade.
💱No matter what financial instrument we trade, in order to buy the asset we need to have a counterpart that is willing to sell it to us and vice...
Even though I am a pure technician and I rely only on technical analysis when I trade, we can not deny the fact that fundamentals are the main driver of the financial markets.
In this post, we will discuss the most important fundamentals that affect forex market.
You can check coming fundamental news on TradingView in the economic calendar.
The...
What are the best key levels to trade?
Last year I analysed more than 1500 key structures on Forex, Gold, Crypto and Indexes.
In the today's article, I prepared for you a list of 5 elements of a perfect support and resistance for trading.
As always, remember that the best key levels are always on a daily time frame. So all the structures that we will...
Hey traders,
In this post, we will discuss trading sessions in Forex .
Let's start with the definition:
Trading session is daytime trading hours in a certain location.
The opening and closing hours match with business hours.
For that reason, trading hours are varying in different countries because of contrasting timezones.
❗️Please, note that different...
Hey traders,
In this post, we will discuss types of orders that we use in Forex trading.
➖ Market order.
Trading position is opened at a current price level.
Buying the asset, you will open a trading position at a current ask price.
Selling the asset, you will open a trading position at a current bid price.
Even though market order is the most...
I thought I'd share with you guys the process I use to find my shark setups, this is a strategy I've back-tested and tested several times. I must say textbook harmonic talk poop, the values I use work but the set-up I see written for the shark uses different values. I noted this and thought about it for a minute - then I said so can I break the rules or amend it,...
I have analyzed 1300 forecasts and signals that I shared on TradingView last year and found 95% accurate trading confirmation.
In this article, we will discuss multiple types of confirmations and their winning rate on Forex, Gold, Indexes, Crypto & Commodities.
First, let me introduce you to the types of analysis that I provided.
1 - Structure based...
Cryptocurrency trading is an intricate dance, where understanding and interpreting market imbalances can provide traders with a competitive edge. This comprehensive guide aims to demystify the art of trading imbalances, catering to both beginners and seasoned traders. Through a detailed exploration of strategies and considerations, we'll delve into the world of...
Hey traders,
In this post, we will discuss 3 simple and profitable types of a triangle pattern.
1️⃣ The first type of triangle is called a descending triangle.
It is a reversal price action pattern that quite accurately indicates the exhaustion of a bullish trend.
Setting a new higher high the market retraces and sets a higher low, then bulls start pushing...
![BTCUSD: TOP 20 TRADING PATTERNS [cheat sheet]](https://s3.tradingview.com/s/SGUilTg3_mid.png "TOP 20 TRADING PATTERNS [cheat sheet]")
