Hello Traders, in this post we aim to explain how we can trade the markets in both directions. Since this comes under the concept of liquidity, it is very logical to trade in both the directions of the market. Please pay attention to the annotations made on the chart.
Happy Trading
Team Lamda
Not all indicators are useful: most are not, and some are downright misleading. Previous posts and studies, such as LuxAlgo's(1), determined that effective indicators need to: 1) produce data to support the trader's decision-making process, not substitute it with automated strategies, 2) produce non-redundant infos. But how do you select indicators in practice?...
We decided to publish second part of the paper on moving averages. The first part detailed Simple Moving Average. In the second part we decided to present: linearly weighted moving average (LWMA), geometric moving average (GMA), triangular moving average (TMA) and exponentially smoothed moving average (EMA).
The first part can be read by clicking on chart below:...
Hi guys
As I promised in the previous post about influencers, I also posted the second part for you, there are 6 other people on my list, and if the number of likes reaches 270, I will post it for you as well.
✨1.Loomdart(@loomdart)
Loomdart is a cryptocurrency analyst and veteran trader who has been actively dishing out well-researched, pertinent trading and...
Education excerpt: Relative Strength Index
General information
The Relative Strength Index ( RSI ) is a momentum oscillator that was introduced by J. Welles Wilder in an article published in Commodities magazine in June 1978. The Relative Strength Index measures the velocity of directional price movement and is commonly used in conjunction with a daily bar chart....
In this video I will break down my process in identifying supply and demand zones through technical analysis.
Being able to identify these key areas allows for the trader to recognize potential levels of resistance and/or support.
I also go over a few other technical analysis approaches I use when looking to identify similar key levels on a chart. From my...
Create Alerts And Wait Patiently
There are two key steps to creating alerts:
1. Find Important Price Levels
Do your research. Find a price level that looks important and wait. Patience is everything. You have all of the tools available to you to research and follow markets. Whether it's a simple trend line , moving average or a custom Pine Script, use the tools...
When I was learning how to trade and when I was watching and reading different trading educators, these words naturally pissed me off. What the hell are you talking about? What confirmation?
It was a full-blown mystery...🤯
Then, once I started to mature in trading and trade full-time, I became an author on TradingView.
Posting my forecasts and trading setups, I...
Happy Friday, ladies and gentlemen. The topic of our first educational post for the day is the following: Price Action vs Technical Indicators.
To begin with, each and every traders has his or her own strategy. Some of them would prefer using only indicators to open trades, some would use indicators as confluences, some of them do not use indicators at all and...
Moving Average Convergence Divergence (MACD)
Created by Gerald Appel
It was designed in order to reveal changes in the direction, strength, momentum, and duration of a trend in a stock’s price
It is a trend-following momentum indicator which shows the relationship between two moving averages of a stock’s price
As the name suggests, MACD is all about the...
Relative Strenght Index Part 2
In the previous masterclass, we saw the two different ways of using the Relative Strength Index as an indicator. In Part 2, we'll look out for two other ways to use RSI along with other indicators.
The two previous ways were:
1. Oversold-Overbought Region
2. 50-Level RSI Midline
Moving forward the two more ways are:
3. 2-Period...
Ichimoku Cloud
Ichimoku Cloud is a set of technical Indicators that show support and resistance levels, momentum as well as trend direction which is done by taking into consideration multiple averages and plotting them over the chart.
It is composed of 5 lines, 2 of which compose a cloud where the difference between the two lines is shaded in where the price...
in this technical analysis as education, we see an EUR/USD in long term very bullish. Why? Because there:
If you keep watching up, we are in the strong support and a possible formation of Bat armonic pattern bearish or double top, as you want to see, maybe it's has for me a double top, and very strongest because in the past in the accumulation of 2014-2017 we...
Introduction
Most technical indicators possesses a user defined input window length, this input affect the indicator output and for a long time, have been the cause of many innovations in technical analysis.
In this post i want to discuss the effects and particularities of indicators inputs window length, the challenges they introduce in trading and their...
Introduction
When posting an indicator a good concept/code isn't the only thing required in order to have a quality indicator, its description is also extremely important. Each person has its own style,
mine is pretty academic, but as long as your description respect certain criterions you are free to do as you wish.
In this post i want to help you make the...
