In the video I discuss how I analyse momentum using MACDs and the 5min and 1min charts when daytrading. Knowing these key concepts helps me filter out the best setups to get on the right side of the market and in the right trading zones. The basic concepts discussed are : - Momentum - Price Action - Candle Analysis - Multi-timeframe Analysis ** If you like the...
Main price pattern of financial instruments So, when we talk about the price of financial stuff, like stocks or crypto, it often moves in specific ranges over different timeframes, right? Whether it's weekly, daily, hourly, or even minute charts, prices tend to hang out in these ranges for a while. Traders call this kind of price movement "consolidation,"...
This video is more of a tutorial on why I took a short trade on SPG today. We fell out of our strong buying continuation channels with a rejection of HTF tapered channels and selling channels. Confirmation was the support from our more tapered buying algo and rejected of the bottom of our stronger buying algo (in addition to it lining up with our strong magenta...
Yes - This way of seeing price action works on any time frame and in any market - Why? - Because it's using basic understanding of how the market works and utilizing these channels as a way to see the strength of buyers and sellers at any given price. In a way, it's a third eye (Price, Volume, Strength). Utilizing this alongside any indicators you'd like to add...
Introduction: In the world of technical analysis, traders are constantly searching for new and innovative methods to gain an edge in the market. One such technique that has gained popularity in recent years is the use of "hard closes." In this idea, we will delve into what hard closes are, why they are considered superior to conventional crossover methods, and the...
In my daily posts, I quite frequently use multiple time frame analysis. If you want to enhance your predictions and make more accurate decisions, this is the technique you need to master. In the today's post, we will discuss the crucial importance of multiple time frames analysis in trading the financial markets. 1️⃣ Trading on a single time frame, you may...
Select number of stocks based on your own fundamental criterias. After that you just need to identify the sentiment/trend of each stocks. The most basic and easy way to identify it is the 20ema/50ema situation in the Daily TF (you can zoom in or zoom out to different TF. Up to you). When 20ema is above 50ema, then move to a smaller TF to time your entry, to find...
Currency correlation is important to understand in forex trading because it could impact your trading results often without you even knowing it. In this post, I will share some information about correlations in forex trading and how you are able to use it to your advantage to avoid unnecessary losses. Throughout my journey as a beginner trader, I have bought or...
We have come to believe that juggling multiple tasks, will somehow reward us eventually. But with trading, I can’t think of anything worse. In fact, I think it’s counterproductive to multi-task when making financial decisions for your trading. And no! Lying on the couch, or on the beach with your phone while talking to friends is ALSO a no go. Here’s why I...
Hello traders - In this example, we will explain why focusing on the multi timeframe structure is important. - It is crucial to observe the chart on multiple timeframes. If we consider several time frames and they match, we will be able to have more confirmation for entry. - How can multi timeframe structure help us in our analysis? -Multi-time frame analysis...
When traders ask "what was your light-bulb moment in trading", I often say 2 things: 1) stop worrying about what other traders are doing and focus on yourself making sure you are consistent with the trading strategy as that's how you will get consistent results. 2) understanding multiple timeframe analysis. Once I started focusing on myself and was consistent...
STRUCTURING - The key to success! (Part 1) That structuring and order is the key to success, most will have already heard and partially applied in their own lives. - Chart analysis is no exception and after correct application the results are even monetarily noticeable. - How this can be implemented specifically in "TradingView", I present to you in this...
This is a knowledge oriented video and I hope someone gains a bit of something from it.
Multi timeframe analysis of the S&P500 Index using the Ichimoku Kinko Hyo with original 9,26,52,26 settings, i have also added Volume Profiles (VPVR) and (VPFR) onto the charts. 1 DAY CHART: The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the Mid-Point of the Short-term momentum is upwards at the moment. This will possibly change to...
Making a trade plane using MACD Multi Time Frame. Chart & Indicator : 1. Heikin Aishi Candle 2. Current Chart MACD 3. Higher TF MACD 4. ADX Steps : 1. Look at Higher TF MACD Direction 2. Check if lower TF MACD is aligned 3. Check if ADX / trend's strength 4. Set a limit position, wait for the price to break support. 5. Set SL in previous high. Set TP...
Hey, wizards, hope you are all having a great week so far! We would like to welcome all of you on another educational post, the topic of which is Multi-Timeframe analysis and multiple confluneces involved. As it can be inferred, the Monthly and Weekly timeframes are used to determine the direction of the market, the Daily timeframe is used to identify key areas...
I've annotated my charts for your convenience. Enjoy!
Risk Management: How to filter trading opportunities if multiple setups of the same currency pairs are presenting entries. Hello everyone: Today let’s take a look at how to filter trades if multiple opportunities shape up on the same currency pairs. It's in our best interest to understand risk management. If there are trade setups shaping up for the JPY pairs...