Timeframes on Ribbons: 1H -> 45H
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
This Tutorial Idea Indicates some important trading signals of Bitcoin given by the indicator since 2018 January, in order to help users of the indicator learn how to identify opportunities.
Some Typical Trigger Signals:...
In this educational screencast I answer some of the issues I've been asked about by new traders. I emphasise in that profitability it is not mainly about methodology or indicators. It is about something pretty nebulous and unseen.
This post is compliant with Tradingview's house rules on text based posts.
This educational post shows how exploiting trends can deliver profits in the long term, by living for the big trends. This is a no-targets system that uses the ATR. Trend switches define entry positions and the markets decide exit positions. Scaling-in of position sizes is an advanced higher risk technique. Those lacking experience and with small account sizes...
Here is a simple day trade that I would have taken if I was not already shorting GBPUSD from the gap open on Sunday evening (linked). This day trade is very simple and utilises a few key rules for the analysis.
Criteria for a successful short trade:
1) Trend must be clearly bearish (lower highs marked in yellow).
2) Price must be below daily pivot and retest.
Join me - to boldly go where 'no man' has gone before. This is the Final Frontier.
I take on the big issue - head on.
This is the one that is more likely to make the biggest difference to achieving consistent profitability.
I assert that it technical and fundamental analysis are not most important issues in trading - at all! If 'everybody' could simply do...
Can we see this rise above the 115.000 as per the news,
Analysts at Nomura we expect a 0.2% (0.244%) m-o-m increase in US core CPI inflation for September following a 0.082% advance in August
we could see this raise even with the bullish wedge seen on our chart
Traders layering into TRY potentially got burnt last week as the Turkish Central Bank intervened to halt the local currency's worrying devaluation by raising interest rates by a whopping 3%
Whilst i tend to let the majority of fundamental data pass me by , it often pays to atleast maintain a health awareness of key macro factors that might have a direct impact...
In this viog I spotted a set up and did not plan to trail. So, the money is on the floor and I take it. Greed and FOMO are not the ways to go.
I share how I use some indicators and price movement to assess the situation before entry. I trade what I see, not what I hear. :))
The most important things in trading:
3. Calculate if risk is...
I'm exploring the psychological torture of managing equity gains - mostly in trend-following. I shall not go into methods. I wish to distinguish trend-following from trend-continuation trading. Those who do not know the difference can read up on the net, or start here.
At the outset traders will have watched their positions move into much positive equity in a...