Trend reversal or correction chart patterns announce a reversal of the current trend on the observed chart. The output of the figure is made, theoretically, in the opposite direction to the movement that precedes the formation of the pattern. In an uptrend, a reversal pattern indicates a bearish move. On the contrary, in a downtrend, it announces an upward...
Retail ✔️Retail Traders are individual traders who buy or sell stocks, securities, or assets from their personal accounts. ✔️Retail Investors mostly focus on technical analysis, price patterns, and Indicators. ✔️Because of low volume, orders submitted by a retail trader cannot affect the price of an asset. ✔️Retail traders can come out of trades or their...
In this example, we will look into the parallel channel formed on AUDUSD. How Retail View the Breakout: Price broke and re-tested the breakout trendline Price should now continue bearish after showing signs of rejection How Smart Money View the Breakout: Price broke out of the retail trendline, liquidity has now been formed in their stop loss...
Richard Ney spoke about think of the market like a warehouse, the owners of the warehouse CM (composite man) needs to fill the building with inventory, they need to sell some as they acquire more - issuing news releases of their grand launch. But their whole objective is to buy at the wholesale rate & sell at retail prices. Think of this in a simple chronology...
Price has approached the top of a very visible parallel channel as well as a resistance area. It's dangerous to trade short as big banks, hedge fund, institutions will have the opportunity of a big amount of liquidity that they will use to fill their orders. Basically they might drive the price higher with big capitals, and hit all retail trader's stops. Be carefull.
Extremely bad traders with astonishingly poor intelligence from burgerland fomo'd and dreamt of lambos then decided to baghold once again, and are suing the struggling dying company to maybe get 1 or 2% of their money back (they don't know it yet they dream they can get the full amount back). Gives us something to laugh about, while the number of USO baggies is...
Nice supply and demand zones for GBPUSD next week!
I always tell people, if you don't understand how market works, DO NOT EVER touch the financial market. Yes, it is easy to open brokerage account and trade stocks, but how many people know and understand how to do it. I have tried to educate people, but to my dismay, only 1% of my targeted audience are really serious in learning how to trade and invest properly,...
An Interactive Broker trader with a $77,000 account thought he would outsmart every institution and every big Oil trader, the result? A $9 million loss. Well done. IB normally doesn't take beginners, you need 2 years experience to trade FX with them (haven't checked futures so I don't know what the rule is for those), and the min account size is 10,000. This day...
We have a code red. I repeat, we have a code red. I can barely breathe! 🤣 I'm crying After USO had their reverse split, the price gapped up. You can check it on robintrack, first there was a strong decline which might be all the people so wiped out they could only afford <8 shares (LOL), but then even after this it keeps going down! robintrack.net It only...
The biggest mistakes and biggest reasons why traders lose keep being repeated. It is more clear when we can see it actually happen. Here we can see the number of holders as well as the increasing money pour in into an Oil ETF while the price is going down. When it will go up those that didn't hang themselves will break even so remind me to check...
This is a 'many-part' educational series to help turn smooth brains into folded brains. The series reveals the true power of the social and psychological factors shaping markets. This is abstracted from 7,000 hours of research in markets and finance and is a synthesized thesis between my research, John Boyd's work on strategy and adaptability, and David Bohm's...
This is by no means to be anti-breakout/anti-retracement. I find these entry methods as a valid entry method. As valid as it is, the triggers for such entry method are mostly obvious hence easily to be taken advantage of by the institutional traders. For breakout traders, how these banks would trap is the normal fake breakouts. We all know this as it is a...