In this short review I describe one of my trading techniques.
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Hello, to the great tradingview community. Here is an article, which you might like... Breadth analysis is one of the most valuable aspects in technical analysis. It introduces a new dimension to analysis, where it reveals the true strength or weakness of the targeted market. Such dimension is not attainable from the standard price and volume chart. Breadth...
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Key Trading Strategies There are four key trading strategies, which are Day, Scalper, Swing and Position Trading. a. Day The day trading is the method in which the buying and selling of securities are done on the same day. The professional traders who are commonly known as market makers generally do it. b....
SELF DEVELOPMENT/METHODOLGY/PSCHYOLGOY The phenomenal Successful Trading Plan 103/04 3. Trade Preparation By concentrating on getting ready, the exchanging plans for the higher time allotments, the cash administration will dependably keep the proportion altogether. Trade proportion is the quantity of pips one may make versus the quantity for which one has a...
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Elements of a Successful Trading Plan 102 2. Risk Level Managing a risk in trading is essential if a person wishes to make profitable investments. As a trader, one cannot control the market but he/ she do have the capacity to change what can be done as circumstances require. They need to adapt the changes as the...
Today I wanna show you my USDJPY perfect entry long position. The first setup Take Profit is hit but on the larger time frame we are aiming for much more. Have a good trading week everyone.
TradingView Bar Replay is a feature that you should take advantage of, In this post, I'll show you how it works and what it is good for. Turn Bar Replay On To turn on Bar Replay, click on the icon in the toolbar at the top of the screen. Adjust the Settings After you turn it on, you will see a new toolbar appear on your active chart. You will also see a...
"There are really four kinds of trades or bets: good bets, bad bets, winning bets and losing bets. Most people think that a losing trade was a bad bet. That's absolutely wrong. You can lose money even on a good bet. If the odds on a bet 50/50 and the pay off is 2$ vresus a 1$ risk, that's a good bet even if you lose. The important point that if you do enough of...
What is the Dollar Index? The U.S. Dollar Index is a geometrically-averaged calculation of six currencies weighted against the U.S. dollar Which currencies are included in the U.S. Dollar Index? The U.S. Dollar Index contains six component currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc. What is the Formula...
The Traders Decisions at S & R Areas: This is a function of how we are wired as humans. The decisions to buy or to sell are made by analyzing the current price against previous areas which cause an emotional response to traders. They fear of missing out of on opportunity so they either buy or sell at these areas of support or resistance. So the support area...