In this video we take a look at a trend continuation trading strategy. I explain my approach to trading how I identify a trend and what I look for for high probability trade opportunities. As always the information is for educational purposes only and not to be construed as financial advice.
Master the Market Rhythm: Trend Continuation Strategy with Fibonacci Precision
Ready to ride the market waves with confidence? This video unlocks the secrets of a powerful trend continuation strategy, designed to capture momentum and maximize gains.
Here's what you'll discover:
* Identifying the Trend: Learn to spot bullish (higher highs, higher lows) and...
When navigating the intricate world of trading, skilled traders keep a keen eye out for specific signals that guide their entry and exit decisions. What's even better? When multiple signals converge at a particular price point, it's like a symphony of market harmony. In trading lingo, we call this phenomenon "Confluence." These confluence points serve as the...
In Forex trading, understanding price movements is essential for success.
This article presenteds a conceptual ideology that metaphorically interprets price movements in Forex.
We explored range trading as breakfast and conversation, where traders analyze overbought and oversold levels on a RSI 4 for potential breakouts.
Trends were attributed to...
Hello guys! Take a look at how smoothly the market respects the Golden Zone on Fibonacci retracement levels. The Golden Zone or Golden Ratio is the area between 50% and 61.8% on retracement levels, which acts as a strong support zone. After an impulse, on the correction the price usually gets rejected by this zone and it continues its previous trend. However, if...
Hey Purpose Traders. I pray all is well. In this video, I wanted to give you a deep, but quick insight on how you can trade pullbacks using the Fibonacci Retracement Tool.
I'd love to know your thoughts and if you have any questions. Lets chat in the comment section below.
Many traders use the MACD for divergence or crossover signals. It is my opinion that market participants trade almost every oscillator this way. This I find rather simplistic and not respecting what the data shows you. In this tutorial I will show a new approach to reading the MACD, obviously I'm probably not the only person who looks at MACD this way...
This is a non-specific pattern that can be found in any market. I am training my eyes to look out for it. Soon I will be able to trade it. I can do hit the entry in sim just fine when I have nuts the size of the moon, but on live it's a different story, and you and I know it, so practice practice practice.
Being able to stack the probabilities in your favor for...
Hello, dear subscribers!
Today we have a very useful information about the potential trend reverse anticipation and trend's strength measurement. On-balance volume (OBV) is one of the most powerful indicator for these purposes. The rising OBV means that the bulls control the market, falling OBV means the bearish pressure, OBV on the sideways means the equal...
Simple Strategy utilizing 3 Simple MA Channels
Simple Moving Average Channel Settings
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First Channel: |
70, High | Colors:
70, Close | Green w/Red Borders for Up and Red w/ Green Borders for Down
70, Low ...
Simple strategy using 2 Simple Moving Averages channels, Momentum and ADX with Directional Movement
First Channel:
70, High
70, Low
70, Close
Second Channel:
144, High
144, Low
144, Close
Momentum: 34
ADX: 14, 20
To use this strategy please refer to link related to previous post.
The SMA 144 channel is used to determine the strength of a trend. Kind of like...
Simple Triple 70 MA with Momentum and ADX
Bears and Bulls are struggling for the lead as we're seeing consolidation in EUR/USD.
Be sure to check your work on this one as we could see a possible reversal in the near future. However, for now, make sure if you've taken a Long position earlier today to stay in and don't fall for consolidation until you have...
Simple strategy using:
Simple Moving Average: 70, High
Simple Moving Average: 70, Low
Simple Moving Average: 70, Close
Momentum: 34, Close
ADX w/ +DM & -DM: 14, Threshold 20
We use the Simple Moving Averages channel to determine if we have a Long or Short Signal.
The Momentum indicator is used as a confirmation indicator to confirm if we have a...
FORMATION ANALYSIS: PRICE PATTERNS AND CHART FORMATIONS
A trend setting of technical analysis is formation analysis. In doing so, certain combinations of movement and correction are considered.
If such a combination is detected, the trader can try to trade the resolution of the formation.
Basically, a different is made between the trend continuation formations...
This is a Type 2 trade we took into today's training room. which we all closed for approximately 25 pips. Good solid trade, nothing fancy, just putting money in the account,
The highly anticipated release of the How to read structure tutorial is finally here! Thank you for your patience traders, lets get right into it. In Section one and two of the how to read structure tutorial, we spent a lot of time going over the process that I use to identify potential reversals as well as what I consider to be confirmation of a trend reversal....
In this short tutorial, we will look at the three most common Double Top formations along with how to properly trade them and when/where they typically appear on a chart. Double Tops work very well as trend continuation patterns for the obvious reason that you are trading with the underlying trend (strength) in the market however, Double Tops can also be a great...
