About meHi - My name is Joel, I'm the owner of Trading Group 101. We offer both Premium signals and Education to traders.
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Twitter - @TradingGroup101
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🎬New Video Posted - Get Prepared For The Crypto Crash 🎬. ------- ⭐️ Link to FREE TELEGRAM ⭐️ Please click the link to join our trading community and get my analysis as notifications on your phone - 📲https://t.me/tradingclub101
In today's video we share our analysis for the high probability of a wider market crash in cryptocurrencies.
For our own portfolio this means that we are looking to secure some profits and position ourselves to take advantage of any discounted levels that present themselves.
Let us know your thoughts in the comments.
US Dollar Smile Theory in Forex indicates that US Dollar can strengthen both in good & bad market conditions.
There are times when you get to the market expecting to see the US dollar falling but to your surprise its making higher highs, showing no signs of slowing down.
Then you wonder, Why?
This was explained using a Dollar Smile Theory.
Use the BTC.D chart to see where capital is flowing in the Crypto market... Into Bitcoin? or out of Bitcoin and into Altcoins.
We are at a key decision point for the market right now so you can be a step ahead of the market if you are watching this chart in particular.
In this video I use simple easy to learn processes to mark out support and resistance levels. And importantly analyse if buyer or sellers are currently in control of the market.
If you have found this useful then please like the post, follow my page and share with any friends you think will find it useful.
This is the first in a series of trade reviews that I will be doing for TradingView viewers where each week I will review one or two of my trades. We will outline why we entered them and also how they went.
This is meant only for educational purposes for you to learn some of the skills that I implement when trading.
In this trade I used a very...
I have put together the basics of how to read a chart without indicators.
This is a key skill for anyone who wants to become a profitable trader. Clearly theres much more that goes into reading charts than just what is here but this is the key foundations of reading how price works and how to make trade entries with a good chance of profitability.
If you have...
One of my members requested this analysis and thought id share it for everyone in case anyone else is looking for a trade in oil.
To be clear im not personally looking to take this trade because theres not enough confluence in other markets for me. However theres some price action support for a potential bullish trade here if you like the look of it.
See the chart for areas where there are some significant Euro liquidity waiting.
Understanding where pending orders (liquidity) is waiting in the market is essential for predicting future price moves.
Watch the levels highlighted closely and look for reversals.
Everything you need to know to make a profit is hidden in the price action you are looking at.
We have entered a Sell on GBPAUD.
This is a clear play on the relative Covid-19 situation in each country. The UK is suffering a clear second wave of the virus with much of the country in local lockdowns with many industries expecting both redundancies & bankrupcies to come over the next few months.
Meanwhile Australia is now coming out of their lockdown, one...