In this example, you will see an evening star signal who’s third candlestick engulfs the first and second candlestick in the pattern. This is a high probability signal , although it usually does not make for a very good risk to reward scenario.Trading the Morning Star Candlestick Pattern, I mentioned that I prefer to wait for a pullback on signals that have an...
Discipline management is one of the hardest things to master . At the same time, it is the most important element
of successful trading.
It is up to every trader to establish a pre-market routine and build strong trading habits.
You should strive to attain discipline if you ever hope to achieve any level of trading success.
Trading discipline is practised 100...
In today's video I go in depth on the pros and cons of trading each market. A lot of retail traders complain about aspects of certain markets and use the wrong tools for the job in the market they choose to trade.
There are plenty of options for every trader out there!
If you are interested in learning more about probability distributions and my proprietary...
Hello traders! Today we will talk about positive correlation between stocks and xxx/jpy cross pairs, while we are in RISK ON sentiment.
Well, as you know, stocks are in uptrend and there can be room for more upside once a bigger correction fully unfolds. At the same time, xxx/jpy pairs are usually in positive correlation with stocks that can be clearly seen in...
I've been warning my dear followers and cryptocurrency lovers about the S&P 500 Index crash for a long time.
For conventional minds, it is really hard to grasp the fact that the SPX will crash massively and become ugly due to all the lies and hype spread through the conventional media news systems, but charts do not lie.
Reading charts is like looking at a...
The British Pound has been challenging strong resistance with increasing volume. Looking at the chart long term, weekly time frame, I am getting signals telling me that it might move up against the U.S. Dollar, here is why:
Now trading above EMA10 and EMA50.
Hitting higher lows since October 2018.
Increasing bullish volume.
Bullish RSI.
MACD trending...
The Dow Jones had a pretty volatile trading session today following a sharp fall in the shares of Boeing, however somewhat offset by a surge in Apple and Bank of America Stocks.
#stocks @bankofamerica @boeing @apple #dowjones #nyse $APPL $BOA $BA $DJIA $DJI
Now just below the 200 MA - a break above could see a bull run up to the 26K mark.
NSTG had a speculative momentum run out of a short term bottom. This small-cap stock has finally broken out of its long term trading range to a new high. Now it needs to shift sideways to avert a falling stock price. There is some mild accumulation in the consolidation patterns that are representative of one or two Dark Pool giants and some pro traders who both...
Avoid thinking too much and simply buy above the Blue Line.
It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand.
MasterChartsTrading Price Action Indicators show good price levels to enter or exit at trade.
The Blue indicator line...
Hello,
let me present you: the baggy dead stock bounce strategy.
What is this strategy? Short version: Often, when a company has clearly died, has had months and months and years of downtrend, bad earnings, bad sales, bad everything one ofter the other, it does not reached the ground (where it belongs), but gets to the bagholder super strong hand area. And in...
Overlaying fundamental factors on technical information (known as hybrid analysis) allows for analysts to understand what moves the market.
Hybrid analysis is useful in particular when it comes to stocks and options (as opposed to currencies and futures) as direct links can be more easily drawn between stock price and fundamental factors. When used in...
Hello traders!
Today we will talk about treasuries (10year US Notes) and stocks (S&P500).
Well, as you may already know, treasuries and stocks are more or less in negative correlation and what we have noticed that 10y US Notes can be forming a big bullish triangle, while S&P500 can be finally finishing a five-wave rally from lows.
In EW theory, triangles are...
Coca Cola has been in a major buyback mode for its stock in an attempt to move the price up. The buybacks have faced heavier than normal Dark Pool rotation (large lot selling) against the automated buyback orders. Recently the buybacks have increased, creating some interesting anomalies in the large lot indicators as well as in price patterns. Retail traders, who...
NetApp is a Data Storage company for Cloud Technology. The Financial Services Industry is reporting a huge increase in Cloud Services usage that is starting in 2019 after a very conservative interest in Cloud Based Storage and services. This could potentially help NTAP complete this short term bottom and begin a new business cycle for the next couple of years....
VECO is reporting earnings today. The stock has been slowly trending up out of a wide short term V bottom formation that is incomplete at this time. Swing traders should find short term bottoms early in the development to plan a low-risk swing-style entry ahead of earnings news. The current candlestick pattern is taught in the TechniTrader Swing Trading...
Secret #1: Stick to ONE strategy. Find a strategy that makes sense to you and stick to it and it alone like a faithful wife and master it. This is probably the single greatest secret in all of trading. Master ONE strategy. There are no “systems” only strategies that work if you master them. If you jump around from one to another you will never master anything and...
Some of my favorites Pattern trades right here.
Learn the market pattern and you will make money on the same plays over and over again.
Pattern recognition is really important and when I started, i overlooked it and struggled with it, but once
you start seeing these pattern in real time on real charts, game is gonna change. Trust me
A moving averages is a very simple concept that traders often take for granted and do not consider the inner mechanics of. In a very generalized sense a moving average for the last n periods is something that combines the past n values with unique weightings for each value. The real power of a moving average is in how those weightings are chosen. In a larger...
