G'day, Traders! Despite wars and rumors of wars there are always opportunities to be had in the financial markets, particularly the Energies markets. The purpose of today's trade example is to demonstrate that once a level of Supply and Demand are created in the financial markets, the rule of thumb is that a level is "good" until they are not... that is, until ...
here i tried to explain how to retrace your trendilnes from long frametimes to small ones, in order to have some guides during your trading. so, keep your eyes on my posts. i will playback some market, in this case, i can convience you about the utility of that. good luck NB: these lines should be saved on your chart every time you open it.
Current Year view BITMEX:XBTUSD Marked more important levels. Yearly open YO Yearly low YL Monthly open MO Monthly high MH Monthly low ML Weekly open WO Weekly low WL weekly high WH Green if above YO MO WO Red if below opens. I'll update this post all months! You can see these levels in you chart with this script:
See how after breaking the important support it broke down to almost 8% downside on Intraday basis itself. Multiple times the support was tested and the circled candle on chart gave final breakdown. The support line was drawn for analysis purpose before 8-9 trading sessions. Finally it broke down. #learning
Welcome! Today I'll be demonstrating the efficacy of a method I've determined to identify and trade support and resistance (S/R) zones in real-time. Normally, traditional technical analysis requires a S/R zone to experience multiple validation events (touches, reverses, bounces), before it becomes tradeable. The downside to this method is that numerous...
This educational idea refers to the last trading idea I published (linked below) and to many more I traded in the past. The chart above shows the BTCUSD going from about 6'500 at the beginning of April up to around 10'000 in early May and all the way back down to about 6'500 in mid-June. This idea shows how it was possible to ride the trend all the way up (4 buy...
This idea shows how the Sentiment Index indicator clearly anticipates big shifts in the Market. The first situation shows the EURUSD consolidating between late 2016 and spring 2017 – the consolidation was characterized by a consistent decline in the Bearish Sentiment which ultimately led to a strong uptrend until early 2018 (1500+ pips movement). The second...
This idea shows how easy it was to identify a massive opportunity on BTCUSD with the Levels and Zones indicator. Basically, after days of sideways movement, the pressure started to build up and ultimately a massive explosion took place! First, the Resistance Level moved significantly down (hence pushing price lower), then the Support Level made its move up...
This idea shows a simple analysis on AAPL showing multiple short opportunities during the last year.
What do you prefer? Day trading or swing trading?
This graphical example shows how it is possible to make pips in the market every single day when you have a few powerful indicators which you tested over time. On the BTCUSD there were 1500+ pips to be made in the last 3 weeks.