Apologies for the bad mic quality, the pro-mic wasn't connected this time holding open a profitable trade with the fear of losing your already made profits can have you close a trade early, losing out on the maximum profits available on that transition its best to employ a way for the market to tell you when its ready to close rather than you take on all of...
The trend represents the directional movement of prices and plays an essential role in most technical trading systems. Technical analysis differentiates between trending and non-trending markets, also called flat trending markets. Trending markets can be either moving upwards or downwards. The upward-moving market is called the bull market, while the...
In this video, I highlight how to use an investor's approach in the financial markets in two ways. The first way is through what I call the "Thomas Wood" Way of entering positions that side with the market trend after price breaks out of a correction that suggests continuation of the trend. The second way is the way I learnt to see the market movement between...
Hello, Trade identification is the process through which you are able to identify setups that can be actioned on in the markets. For this example, I shall be using the BTCUSD chart to chant my path as I look for tradeable setups. 1: Structure drawing Identifying the structure of trades is very key since it creates a sense of knowing where the market is at from...
Learning Happens when you're open and curious and making observations from what you see. From there, you must be mentally balanced to take action on your observations. In this post, I focus on the price action that happens in the pivot portion of a swing cycle. If you make observations of this area you will see a certain kind of repeating behavior that can help...
Greetings, TradingViewers worldwide! This interview was conducted live and is now available for playback and on-demand viewing on our TradingView account, accessible for free. This program delves into trader education, cryptocurrencies, and the flexibility of trading from anywhere with an Internet connection. Keep in mind that this show was streamed LIVE, so you...
there are various significant classes of stocks that help investors/traders to make more insightful and informed decisions when choosing the right stocks of choice here are my most important and favorite. 1.MARKET CAPITILIZATION this is the size/ total value of a company's outstanding shares of stock, which can be calculated with a simple formula of : ...
A proprietary trading firm, often abbreviated as "prop firm," is a financial institution that trades stocks, currencies, options, or other financial instruments with its own capital rather than on behalf of clients. Proprietary trading firms offer several advantages for traders who join their ranks: 1. Access to Capital: One of the most significant advantages of...
In order to assess whether it is a good time to increase exposure to riskier assets such as equities, institutional traders often use correlation tools and inter-market analysis. Depending on the macro environment (uncertainties, market drivers, monetary narratives), traders periodically assess their exposure between offensive and defensive values (Risk-on vs...
Welcome to the final instalment of our series on hunting for trend days. In Part 1, we covered the fundamental characteristics of trend days and essential tools for identifying them early. Part 2 delved into advanced strategies for maximising opportunities and effectively managing trades during trend days. Now, let's explore case studies of successful trend day...
In the fast-paced and often volatile world of cryptocurrency, finding best investment strategy can be a daunting task. While many traders seek quick gains through active trading, a more prudent and less stressful approach exists: Dollar-Cost Averaging (DCA). What is DCA? DCA is an investment strategy that involves investing a fixed amount of money into a...
Welcome, traders and investors, to our educational post on ascending and descending triangles! In the fast-paced world of financial markets, understanding chart patterns like these is crucial for making informed trading decisions. Ascending and descending triangles are powerful tools that provide valuable insights into market dynamics and potential price...
Firstly I meant to say May and not April lol (kids had me up early this morning) Charting is a science Trading is an art In this video I cover some topics such as: Hedging Trend The difference between Charting and Trading Position Sizing MTOPS Order Tool Meta Trader with FTMO Using various accounts within FTMO and more ;)
#USDT.D is printing a bearish trend continuation, white-swan harmonic pattern on the daily. To be noted however is that the price has an upward move towards 6.2-6.5% zone before trend continuation. This means that the market might keep bleeding for now📉
What Is a Gap and How Can You Trade It in Forex and Cryptocurrencies? When it comes to trading, understanding gaps is pivotal for traders aiming to navigate and capitalise on market volatility. These spaces on price charts where no trading occurs are often exploited by traders looking for a quick reversal or trend continuation. This article delves into the...
Hello, Volume candlesticks are a very unique dataset that give us more information than the candlesticks we are used to. First, a candlestick is a type of price chart used in technical analysis that displays the high, low, open, and closing prices of a security for a specific period. Now with the Volume candlesticks, they are a type of chart that allows for a...
Ever wondered if there's a magic formula that can help you navigate the choppy waters of the financial market? Well, look no further than the L1 Dynamic Multi-Layer Bollinger Bands! This powerful tool is like a trading wizard's secret weapon, designed to keep you one step ahead of the game. ## What Are Special Points of These Bollinger Bands? These Bollinger...
Hello traders welcome back to another Concept video. In this video, we detail some of the best times to trade the Eur/Usd Currency pair. This happens to be at Session opens. We go through the 3 Session opens and walkthrough examples of increasing volume ( Large candles). Session opens can provide a great catalyst for 1) a continuation of momentum of the preceding...