In this video, you will see me analyse my forex watchlists to look for trading opportunities day trading for forex beginners day trading forex strategies forex day trading strategies for beginners day trading forex strategies price action for beginners
What are the parts of a trading strategy? I was doing a backtest on a new concept yesterday, and I realized the different parts of my testing strategy. At that moment, I became aware that the way I see any trading strategy is like an algorithm with several filters or steps. When those filters become "TRUE," we can check the following filter until we have a...
Hey Traders! One of the reason new traders don't do as well as what they first perceived is sometimes they could be trading a multitude of different things in the wrong style. That doesn't suit the way they are attempting to attack the market, or even their personality. Today I wanted to have a look into trading the different time frames, what's required? What...
Your strategy will inevitably go through a Drawdown. And there's nothing you can do about it to stop that. However, you can learn how to survive it! Today I will give you actionable steps, that you can use for the next time the market hit your strategy and you feel that everything is going wrong. Let's start with an idea of what a drawdown is, and why drawdowns...
If you're position or swing trading, it is a MUST to study weekly charts to confirm: 1. IF a bottom is developing 2. WHERE the bottom will complete ...to plan trades with strong reward/risk ratios. For example, let's take a look at EGLX, which had a gap up at open on its earnings release: 1. Note that today's gap up is from a lower low in the...
Why 14.6% (.146) and 88.6% (.886) are important levels on Fibonacci retracement? The 14.6 Fibonacci ratio, wich has a high mean of assertivity, is mirroned by 88.6, which has become an important entry level and stop loss in the market. 88.6 = 1 - X, X = 14.6. These are hidden levels on the standard scale. But you can add them manually. As you can see on chart, my...
In this video i revealed my secret swing trading strategy used in taking profitable trades. You will learn; Swing trading strategy Top down analysis Multi-time frame analysis Price Action Best entry strategy.
I speak to a lot of traders, new and veteran. It's surprising to see how so many are not sure how risk is calculated and what the exposure really means in terms of P&L. This obviously is a major block in the road on the way to gaining confidence necessary to avoid losses. So let's break it down - *P&L is calculated by lot size * movement. Example: If you...
I discuss how a short term moving average such as a 5MA can be useful to help your brain focus on the swings rather than getting sucked into the randomness of single candles.
Good evening friends, Level to watch : 810 till its above that on closing basis then bullish for details watch video. Regards.
The breakout is on a surge of volume following "quiet accumulation" patterns in candlestick trendline and AccumDist indicators. Possible run to earnings for short-term.
Everything in this world comes down to several important aspects: how much time are you willing to spend, how much risk are you willing to take, how much realistic reward you expect, and what is your stress capacity. This is no foreign to the world of trading and investing. In order to be a successful trader, first, one should understand what type of trader he/she...
Smart Money Concept or rather 'SMC' is the new retail approach to the market with virtually everyone involved with this method yet people are still loosing money and blowing accounts, the question is why? Click on the video and find out.
How long to hold your trading position? Everything depends on your trading style. In this post we will discuss the preferable holding period for your trading positions. First, Let's define 4 main trading styles: Scalper, intraday trader, swing trader and investor. One of the core differences between these styles is the time horizon of their predictions of a...
Today we will go through a simple trading lesson, but an effective one. The example I will be using today in terms of timeframes is mainly focused on Swing Traders; however, these principles remain valid for any timeframe because of the fractal characteristic of the market. Also, this will be a bullish example, but the same principles apply to bearish examples. ...
This idea is based on the well-known indicator Supertrend. Using three days as a timeframe and operating on a broker that you can long or short with BTC (for example, Binance Futures with 1x leverage) gave a significant profit after almost four years of trading. I will go through all the details on the trades and how to use this strategy in other markets. First...
Today I will share a template that may be really helpful to understand some key concepts: First concept: Only look for setups IF the price has reached a major level. In this example, we can see a bearish movement that has reached a weekly level. Why is this relevant? Because if we are working with relevant levels that had worked in the past, we increase the...
This is tutorial on "How to use swing trading indicator " developed by me. Do use and benefit from it.