In this case, the “buyers” are in full control of the trend
and there are only small bearish moments. It is very difficult
to enter the pullbacks because there will be only a small part
of them as the market will tend to push upwards. The best way
to trade in this situation is to pick up the signal at the beginning
or otherwise wait for a break out of the...
Pin Bar, which is short for 'Pinocchio Bar,' is a single
candlestick setup that clues price action traders into
potential reversals in the market. A pin bar is an elongated
wick that 'sticks out' from price action. When you see a
Pin Bar, be aware of a possible change of direction.
Volume is the only indicator that, sometimes, I use.
It tells you if the trend, once in a S&D or S&R zone
will bounce or continue the trend. If once reached
the zone the volume is super high, the trend has a
high possibility to reverse.
Managing positions is one of the most important things
in trading. You need to know when to place a position risk
free and when to place your S.l. in profit. I always put
my positions risk-free when the trend breaks a key level.
From there, I change my S.l. every time the price keep
pushing
Fibonacci Retracement is the only instrument that,
sometimes, I use in my graphs. To draw it correctly,
you must draw it from the lower point to the higher
one of the movement that you are analyzing. Once
the price reaches the 0.5 zone, you can place your
entry. Many like also the 0.61 level, you can add it
from the settings.
Every Supply or Demand zone has a stronger level on it.
That is called base line and it can be drawn between the end
of the indecision candle body end the beginning of the
legout body. Give a look at the graph and watch how this level
influences the market!
We call swap zones that zones that from supply became
demand or the other way around and the supports that
become resistance or the other way around. In the graph,
you can see how a demand zone becomes a supply zone.
Swap just happened!
This is why this algo tracking approach works.
If you were rich would you spend your time trading or having fun? I mean, you've probably looked at charts long enough to see certain patterns that you like more or less. You have criteria for getting in and out of trades. And, you have fund to take some losses. A lot of people, basically, set up a robot to buy ...
CRYPTO TRADER GETS $0.0001 LINK ORDER PARTIALLY FILLED ON BINANCE
A trader who placed an order for LINK on Binance in January 2019, got extremely lucky when the asset flash crashed today on Binance. The trader’s order partially filled allowing them to purchase 900K tokens at $0.0001 each.
A "Set and Forget" stink bid that is over a year old partially filled on...
Yep - 25th July 2016 - I was asleep. So I missed my chance! LOL. If I had bet on the USD against the Argentine Peso going long, I would probably now be sunning out somewhere in the Maldives instead of hanging out on Tradingview! Chuckle chuckle!
I'm throwing this educational post up, only because I wanted to show that there are so many opportunities out there,...
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Trading Psychology- Master your Mind and Money
Are you continually loosing money and not knowing why? For the past decade of trading the financial markets, I believe psychology is so vital to trading success. Below is a small snippet of questions that you need to ask yourself prior to entering the market so that you are...
