In today's video idea, we will delve into a comprehensive strategy for trade entry and management, centered around utilizing swing high pivots as crucial reference points. We will also explore the effective integration of technical tools such as Outer Bands, ribbons, and Target View Trades (TV-Trades) to enhance precision in trading decisions. By the end of this...
An update from the last summary: Stating the obvious but the recurring pattern did not play out.
This was a painful past couple of days but some realizations that I will walk through here for anyone who may be on a similar journey or realizations.
“Buy high and sell low” or “buy support and sell resistance” are simple words to speak, to walk through in back...
This will serve as an update to the previous discussion specifically to some of the chart settings and the approach.
Going into the open on 25-March-2024, I was looking for price to move lower to test the monthly and yearly Camarilla R3. My reasoning was that neither seemed to have been tested yet and that these two together would provide a good level for...
This study will walk through several concepts in analyzing crude oil. The primary chart type will be a Renko chart with the block size (ticks) set to 25 (0.25 in TV) and with a timeframe set to 15 minutes. The significance of timeframe is that in TV, it will take this amount of time for the price to maintain a full block change (25 cents) in order for it to be...
In this video I explain how to indentify trends on the chart and how to use this knowledge to make trading decisions. At the end of the video we'll create a simple yet profitable trading strategy
Waves Light indicator:
Disclaimer
I don't give trading or investing advices, just sharing my thoughts
Greetings, fellow traders! Today, let's delve into the fascinating world of liquidity, pivot points, and how they can be essential elements in your trading strategy. Understanding the relationship between these factors can provide you with valuable insights into potential price reversals and market sentiment. 💡📈
🤔 What is Liquidity?
Liquidity refers to how easily...
This is to help a follow trader here on #Tradingview @TradingView
@blong8797 This is mainly for you.
The problem is that Fractals print late and can not be relied on for use in a any automated system. They will literally BLOW YOUR ACCOUNT.
Fractals look nice once they are plotted out but they are to be used as PREVIOUS price data and not CURRENT price...
The Perfect Buy Point
A Perfect Buy Point represents the completion of a stock’s consolidation and the potential start of its next advance. After a base pattern has been established, the Perfect Buy Point is where the stock establishes a price level that will act as the trigger to enter a trade.
When a stock’s price level moves through the Perfect Buy Point,...
So we continue on from the previous pivot post, I have now worked out all the levels and shown you the formula to do this for yourself. These levels like I said in previous post are great for when you are trading intraday, they can work as trade points or used to put stop losses the other side off. S3 and R3 are notoriously tough to break, you can watch price...
Incorporating a timeframe into the Renko Strategy
The Renko charts on Trading view with the plan that I'm enrolled in will allow for a Renko chart's timeframe from 1 minute to 1 day or longer. Although Renko charts are supposed to factor out time, a timeframe is still used to 'set' the block which is an important concept to the trading strategy
When publishing...
As annotated on the chart, weekly pivots combined with volume profile and VWAP bands can give high % entries.
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On responsive days, VWAP bands give accurate points of entry for a move back to the current VWAP or POC.
Be wise to the the of day that is developing, and use the appropriate strategy. For example on trend days do not play for responsive moves as...
As annotated on the chart, weekly pivots combined with volume profile and VWAP bands can give high % entries.
On responsive days, VWAP bands give accurate points of entry for a move back to the current VWAP or POC.
Be wise to the the of day that is developing, and use the appropriate strategy. For example on trend days do not play for responsive moves as you'll...
Here is another example of how to day trade FX currencies using a simple combination of Daily Pivot Points , 2x EMA's and the trendline tool on TradingView.
The first entry is based on the bullish trendline being broken and a retested. A lower low was made with the break of the TL and therefore this retest was a new lower high signalling a trend reversal. Price...
Hello everyone! This is my second video and first educational video. It is about Fibonacci pivot points and how can someone use them in his trading. Enjoy
