Welcome! Here's a super simple chart, and strategy, which can help you get started in your trading journey. Trading strongly correlated pairs and looking for divergences is hardly an industry secret. It's a standard technique, and one that is heavily employed by large institutional investors. Basically, correlation means that certain pairs move in a similar...
Using an updated chart of earlier posted opportunity around AUDUSD (AU) I like to highlight and illustrate the exceptional speculation that has been going on since mid April onwards. The first and many incidence of the same speculation has often seen coming in very sudden which indicates a single source instead of graduate forming of buying/selling pressure you...
Earlier this morning I was working with a student covering the 3 main types of market cycles in FOREX and I figured I would share it. Using USD/JPY 4hr as an example, you can see three differently colored zones. Green/Red reference bullish and bearish price action. The blue zones represent consolidation. Price action is defined as, "basic movements of the price,...
Just a short one. Most people look at trades on 4h, day or slightly more, not a lot of people zoom out far enough to see if there are other patterns, longer term patterns involved. Accordingly I have see no one using any correlation tools with bussiness indicators, major economic trends. wouldnt it be interesting to see a long term correlation of the volatility...
So I was interested in knowing how ETHUSD might move down from current price, such as potential support levels and possible reactions & reversals zones. I got to looking at the 2 major peaks last year in June and September that current price was major resistance to and it seems likely that IF ETHUSD continues to fall, it could react somewhat similarly. So I copied...
Alright... this was a tad of work. Apologies for it being so messy. Top of the trend lines, are Direct and leaving Retrograde zone Bottom of trend line, planet enters retrograde zone and/or retrograde. Rx = Retrograde I watched a video on Renko Candles and the presenter listed several systems he uses for TA with one of them being Astro Cycles. This piqued my...
You wouldn't think, but I believe there are some friends around here looking for something to do this Easter. For them I compiled 4 challenges to study and use for the month of April. See if you understand each challenge and how each may add pips to your wallet.
In Wyckoff Analysis, four main phases occur during the trading cycle: accumulation, markup, distribution and markdown. Accumulation phase is when smart money enters on a long position, when general public is not interested. Markup phase is when parabolic movements start, driving media and public attentions, when entusiasm and FOMO make their victims. Distribution...
Cryptocurrencies are here to stay for long. Many experts predict that the year 2018 is going to be a year that will bring excellent wealth to investors trading cryptocurrencies. Coinissimo, the cryptocurrency discussion board, and forum is here to help people identify the right cryptocurrency to invest. The forum analyses the top cryptocurrency on which people...
Some levels on watch, seasonality could suggest that a move lower is there to come. Monitoring support levels and if they hold.
Seasonal Trade With 84.8% Win Rate Over 28 Year Period. Provided By Jake & Elliott Bernstein @ 2Chimps.net Jake Bernstein will be a contributor on TradingView when Back Testing/Strategies are released. Jake is one of the Top Trading System Developers in the world with 45+ years experience and he is going to teach how to create Trading Systems and how to Optimize...
Seasonal Trade With 81.8% Win Rate Over 44 Year Period. Provided By Jake & Elliott Bernstein www.2Chimps.net On Wednesday Jake will share a Seasonal Trade with a 84.8% Win Rate. Jake Bernstein will be a contributor on TradingView when Bactesting/Strategies are released. Jake is one of the Top Trading System Developers in the world with 45+ years experience...