Have you ever wanted to show your appreciation for an idea but felt that hitting the like button was just not enough? TradingView coins are a great way to show other users that you appreciate them! What are TradingView coins? TradingView coins are the site's internal currency. 1 coin is equal to $0.01 USD How can you get them? Refer a friend : When you...
Rally/Decline Rally & Decline are the start of learning in chart for PA trading...its nothing Price started to move up -Rally Price started to move Down-Decline How we see it in chart... Its one bar we cant say its Rally or decline.... Here two bars ...last bar is higher high & higher low than first bar .....we can say its Rally Here again two bars...
Rally/Decline Rally & Decline are the start of learning in chart for PA trading...its nothing Price started to move up -Rally Price started to move Down-Decline How we see it in chart... Its one bar we cant say its Rally or decline.... Here two bars ...last bar is higher high & higher low than first bar .....we can say its Rally Here again two bars...
If it is too technical for you, may move on. If you want to learn the correct application of Dow Theory medium term trend, study this chart religiously. I have marked/identified all relevant price points for you. I have become an active technical analyst of MFG as of last week. Why ? See my previous Point and Figure post on MFG as I have been stalking it for a...
FOREX TRADING COURSE 101 - Lesson 21 - How to Trade RESISTANCE in a DOWNTREND for better Trading Success!
It is necessary and mandatory to configure alarms in VIX in order to identify best trading opportunities. Analyzing the VIX we realize that we are in a very overweighted buying zone. - Red lines: time to sell. - Green lines: time to buy. For example today is time for selling most items of our portafolio or at least to configure trailing stop at 1%, then we wil...
Overview Simple overbought-oversold momentum play using NEXT RSI , which blends volume analysis with momentum. Volume weighing of the algo reduces the lag and improves accuracy over vanilla RSI as volume often precedes price action. This is a contra-trend (momentum exhaustion) scalping strategy - use order management (TP, SL, trailing stops) and do not trade...
The 161 fib level drawn off of the topping swing after a strong move up gives us a very useful downside level to watch. It's a place where bulls are are prone to come back in and make a low in a trend and where bears can be really strong after being able to break it. The optimal trade to look for when trading a bearish trend continuation strategy is a bounce from...
Hey. I recently wrote "Where to target and what to do once there?". I am now looking at targets again, but not the "target" target. The "targets" that are in the way. I call them resistances, regardless of them being above or below, since they resist me making money, they resist my position, the price going further. We want to make money, so we improve on every...
Educational Video on where to start your count. * important to know the rules and guidelines inside and out * important to have alternative counts in mind * don't get married to one count!
Monitoring the formation of the Wyckoff accumulation pattern on LINKBTC price action. Preliminary Support (PS) : where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. Selling Climax (SC) : the point at which widening spread...
Hello, everyone! Last time we considered the candlestick patterns by Bill Williams(BW). Today we are going to expand the novice trader tools for better understanding the market situation. To define if the market price is going without obstacles BW use the Market Facilitation Index. It demonstrates how the tick volume can be the market driver. The calculation...
FOREX TRADING COURSE 101 - Lesson 20 - How to trade Support in a Down Market Wave aka RETRACEMENT TRADING for better Trading Success!
Hi everyone: Let's talk about capital partitioning, which is a risk management approach for consistent traders to utilize to allow them to leverage their capital. You may ask what exactly is capital partitioning ? well to simply put it in words, it is basically divide up your trading $ in the current trading account into 2 or more sub accounts. So what's the...
When it comes to trading the financial markets (any market), back-testing your strategies is an absolute must. Although past performance does not guarantee future results, back-testing your strategy cannot be skipped or rushed if you wish to be a consistently profitable trader. Back-testing can be done many different ways today. There are many good software’s &...
Video Tutorial/Features of TradingView Free Edition: www.tradingview.com CryptoHellas Team
Moving averages are inherent in the world of technical analysis and are present in the core calculations of many technical indicators. In this post, we take a deep dive into 3 types of moving averages used every day by traders: the Simple Moving Average (SMA), Exponential Moving Average (EMA) and the Weighted Moving Average (WMA). The topics covered below can...
The market plays its tricks.... Followed by AMA Requests