In this video I explain how to indentify trends on the chart and how to use this knowledge to make trading decisions. At the end of the video we'll create a simple yet profitable trading strategy Waves Light indicator: Disclaimer I don't give trading or investing advices, just sharing my thoughts
📍Types of Swing Points A swing point on your chart is simply a turning point for price in the past, either to create a considerable pullback into an established trend, or to reverse it altogether. When a turning point creates a mere pullback it can be classified as a minor swing point. When it creates the base to reverse a trend, it is classified as a major swing...
❗️Unleashing the Secrets of the Forex Market: Identifying Trends Made Easy❗️ 💲As traders, one of the most essential skills is the ability to identify trends. In this article, we will embark on a journey to unravel the mysteries of the forex market trends like never before. So, fasten your seatbelts, get ready for an adventure, and let's dive in! ↗️The...
📍 Understanding an Uptrend An upward trend provides investors with an opportunity to profit from rising asset prices. Selling an asset once it has failed to create a higher peak and trough is one of the most effective ways to avoid large losses that can result from a change in trend. Some technical traders utilize trendlines to identify an uptrend and spot...
Trend trading strategies play a vital role in every trader’s life because it helps them identify early trades to exit from the market when there is a reverse trend. Typically, there are three different types of trends given below: 1. Uptrend 2. Downtrend 3. Sideways trend Uptrend An uptrend is formed when a price is rising in value. Usually, a bullish trend...
📍 What Is an Uptrend? An uptrend describes the price movement of a financial asset when the overall direction is upward. In an uptrend, each successive peak and trough is higher than the ones found earlier in the trend. The uptrend is therefore composed of higher swing lows and higher swing highs. As long as the price is making these higher swing lows and higher...
The four market phases in trading are characterized by different levels of buying and selling activity, trading volumes, news and sentiment, and price trends. By understanding these phases, traders and investors can better anticipate market movements and position themselves to take advantage of opportunities as they arise. 🔹 Accumulation In this phase, the...
Hi guys, This is @CRYPTOMOJO_TA One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. In this chart, we will present some basic information about the bedrock of technical analysis – the...
Content: • Why CPI must be below 5.3%? • Can we invest or trade or hedge into inflation? Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a...
Hey Traders here is a quick video that explains the best entry point when trading the trend. Sometimes the market will give you early signals that the trend will continue. Knowing when to find these signals or reversals can really benefit us in our trading. Enjoy! Trade Well Clifford
The RSI is a versatile indicator, and can be used to provide entry signals during a trend. To get the signals a moving average is applied to the RSI. 1. Trades are only taken in the direction of the trend. For an uptrend only take longs. For a downtrend only take shorts (puts). 2. During a downtrend the RSI must move above 60 to indicate a pullback. When the...
A moving average can act as support or resistance. In an uptrend, a 50-day, 100-day or 200-day moving average may act as a support level, as shown in the figure. In an uptrend , a moving average may act as support; like a floor, the price hits the level and then starts to rise again. (1) In a downtrend , a moving average may act as resistance; like a...
Hi Trading view Family, Theres lot of noise on social media regarding selling bitcoin, But we should see this scenario before selling bitcoin.On dailt TF we can see a trendline with fib retracement, And till now it is retraceing 0.382 level with 20 EMA support. Along that we also can have testing of 0.5,0.618 level on fibonacci retracement. And high chance is that...
Please support this idea with a LIKE👍 if you find it useful🥳 Here is an educational post on how to identify long and short opportunities on the chart without going through much stress. What do you think? Share your opinion in the comment section✍️ Happy Trading💰🥳🤗
Channel - uptrend A channel in the market is two parallel lines of support and resistance, which are formed by the price. This is comparable to a rectangle, only its support and resistance levels are horizontal; The channel almost always slopes up or down. As with a rectangle, there must be at least two peaks forming a resistance line and there must be at least...
This is just something I see in the market. I have acquired savant syndrome and I tend to see things differently than most people. This is just one of the things I see. I made a tutorial for my son and I am not sharing it with you. Obviously the larger the time frame the bigger the move. iCantw84it 05.14.2021
In this article, we will present some basic information about the bedrock of technical analysis – the trend. Technical research is founded on one main assumption: market prices move in trends as they are freely traded. Traders and investors hope to buy a security at a low price at the outset of an upward trend, ride the trend, and then sell the security at a...
Welcome Traders! In today's trading episode, you will learn how to correctly identify and draw ascending and descending trendlines. Knowing how to identify these lines can set you up for great trade opportunities as shown in this video. Take time to practice what you learned in today's video. Until next time, have fun, and trade confident :)