Solana vs. Wyckoff Logic SOLUSD example of mark up in the Wyckoff logic schematic. If unfamilar, there are market phases according to Wyckoff Logic: Accumulation: The phase where the market stops falling and begins to form a base, suggesting that demand is starting to overcome supply. It is characterized by a selling climax, where the price falls sharply, and...
I have decided to start a short series of tutorials covering common instruments used in technical analysis. In today's tutorial, we observe a successfully identified head and shoulders pattern on the 4-hour chart of Crude Oil, resulting in a substantial movement of around 17%. Here's how to find the instrument: navigate to the left sidebar and select 'Patterns,'...
Technical indicators play a significant role in analyzing GBP/USD (British Pound/US Dollar) price movements and identifying potential trading opportunities. Here are some commonly used technical indicators for GBP/USD trading: 1. **Moving Averages (MA):** - Simple Moving Average (SMA) and Exponential Moving Average (EMA) are popular indicators used to smooth...
Identifying support and resistance levels is crucial for effective technical analysis when trading GBP/USD or any other financial instrument. Here's how traders can identify support and resistance levels on GBP/USD charts: **1. Historical Price Levels:** - Look for historical price levels where the GBP/USD exchange rate has previously reversed direction or...
Trading Strategies for Different Liquidity Conditions Navigating the financial markets requires a keen understanding of liquidity conditions and their impact on trading strategies. From the bustling activity of high-liquidity markets to the more unpredictable nature of low-liquidity environments, each presents unique challenges and opportunities. This article...
While many of us celebrate the stock markets reaching new highs, central banks worldwide are actively purchasing gold, and institutions are hedging into treasuries and yields. Interest rates are determined by the central banks whereas Yields are determined by the investors. If you choose to lend or borrow money over a longer period, such as 10 or 30 years, you...
This is 6 months of every day's Pivot Points. One point I want to make is that buying an S5 or S6 and selling at R5 or R6 is very doable trade, and you really don't need to worry about going outside the S6 ot R6 range, it's a revelation when you accept that fact. Going long here at S6 is literally the safest long there. Selling and Shorting at R6, same thing. ...
Hey here is Technical Patterns cheat sheet for traders. 🖨 Every trader must print this cheatsheet and keep it on the desk 👍 🖼 Printable picture below (Right click > Save Image As…) In finance, technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume. Behavioral...
Greetings, traders! 📈 Excited to share with you my latest discovery - the Pulse Pin Pattern! 🕯️✨ This three-candlestick formation is a powerful tool for identifying potential trend reversals or continuation. Let's dive into the details for both bullish and bearish scenarios. Bullish Pulse Pin Pattern: In the bullish case, keep an eye out for the following...
The Simple Xtrade Trading Strategy for Gold, meticulously crafted with a focus on precision and fortified by proper risk management practices. This strategy is tailored to navigate the complexities of the gold market with ease, offering traders a clear pathway to success. With an emphasis on simplicity, this strategy cuts through the noise of the trading...
Drawing trendlines and channels is a fundamental aspect of technical analysis when trading GBP/USD or any other financial instrument. Here's how traders can effectively draw trendlines and channels on GBP/USD charts: **Drawing Trendlines:** 1. **Identify Trend Direction:** Before drawing trendlines, determine the direction of the trend on the GBP/USD chart....
TradingView offers a variety of screeners to help traders identify trading opportunities across different markets. Screeners allow users to filter and sort through various financial instruments based on specific criteria such as price, volume, technical indicators, fundamental data, and more. Here's an overview of some common screeners available on...
Aroon Indicator: Identifying Trends and Momentum The Aroon indicator is one of several technical analysis indicators that traders use to identify the direction of trends and establish when they are set to reverse. In this FXOpen article, we describe how to use the Aroon indicator to buy and sell stocks as well as other assets and explain why traders use it in...
There are 5 important things that you should analyze on Gold on a daily time frame to accurately predict long term, midterm and short term movements. In this article, I will share with you a step-by-step guide for daily time frame analysis that you can apply on Gold or any other financial instrument. 1 - Identify the market trend When you analyze a...
Introduction to Protective Puts: Safeguarding Your Investments with Options In the ever-fluctuating world of finance, protective puts emerge as a strategy for investors aiming to shield their portfolios from unexpected downturns. This options blueprint series delves into the intricacies of protective puts, presenting them as a pivotal component in the arsenal of...
Today, we’ll start with what Fibonacci is and how to use it to spot significant market turning points. Let’s start with... A short story about Fibonacci In 13th century Italy, lived a man named Leonardo Pisano – one of the greatest mathematicians of all time. Leonardo (also known as Fibonacci), learnt all about Arabic and Indian mathematics during his...
From the perspective of Wyckoff analysis, both accumulation and redistribution involve price action within a trading range (TR), but they represent vastly different underlying market dynamics: Accumulation: Underlying Trend: Accumulation typically occurs at the beginning of an uptrend. Supply and Demand: Smart money (institutions, experienced traders) are actively...
Hello Traders, Exciting news! We've just released a detailed video guide on how to harness the full potential of Chobotaru Brothers Option Indicators. In this short tutorial, we cover everything you need to know to use the indicator, specifically focusing on out-of-the-money call options. Here's what you'll discover in the video: 1. Adding the Indicator to...