Here i bring you xauusd analysis for this coming week . So here there is likely up movement and there is chance of pull back so the area of BUY is mark. So is betterto to set a nice target stoploss before entering a trade.
## How to Catch Spikes on Boom 300 and Crash 300 Indices on Deriv Using Trendlines in TradingView Catching spikes on the Boom 300 and Crash 300 indices on Deriv using TradingView involves leveraging trendlines to spot potential breakout points. Here's a brief guide on how to do this effectively: ### 1. Setting Up Your Chart - Open TradingView and select the Boom...
Catching booms and crashes on Deriv using TradingView involves utilizing trendlines to identify potential reversal points and breakouts. Here’s a short guide on how to do this: ### 1. Understanding Boom and Crash Indices - **Boom Index**: Represents a market where prices tend to spike upwards occasionally. - **Crash Index**: Represents a market where prices tend...
The Volatility 75 Index, also known as VIX, represents the market's expectation of 30-day forward-looking volatility and is a popular instrument for traders looking to capitalize on market turbulence. Trading the Volatility 75 Index using trendlines on Deriv TradingView can be an effective strategy for identifying and acting on market trends. Here's a step-by-step...
Emotions play a significant role in trading and can have a profound impact on decision-making and overall trading performance. Here are some common emotions that traders experience and how they can influence trading behavior: 1. Fear: Fear is a powerful emotion that often arises when traders face unexpected market movements or potential losses. It can lead to...
The market structure, when viewed through the lens of the smart money concept, refers to the way financial markets operate and how price movements are influenced by institutional investors, or "smart money." These entities, such as banks, hedge funds, and large financial institutions, have significant capital and access to superior information, allowing them to...
The Inner Circle Trader (ICT) concept in trading, developed by Michael J. Huddleston, offers a comprehensive approach to understanding and navigating market structure. ICT emphasizes the importance of market structure, which refers to the organization and arrangement of various market components, such as support and resistance levels, trends, and price patterns....
In this video i show you how you can use binary bot platform on tradingview with easy steps guild .
A fair value gap (FVG) and an order block entry are concepts used in technical analysis within financial markets to identify potential trading opportunities. ### Fair Value Gap (FVG) A fair value gap refers to a price range on a chart where there is an imbalance between buyers and sellers, often resulting in a quick movement through this area without much trading...
The "Change of Character" (ChoCh) is a trading concept used to identify potential trend reversals in financial markets. It signifies a shift in market sentiment, such as from bullish to bearish or vice versa. ### Key Elements of ChoCh: 1. **Trend Breaks**: ChoCh occurs when a price trend fails to continue, such as not making a new lower low in a downtrend or a...
Order block confirmation is a concept used in technical analysis, particularly in the context of trading financial markets like forex, stocks, and cryptocurrencies. An order block is a significant price level where institutional traders have placed large orders, resulting in a concentration of buying or selling activity. Identifying and confirming these order...
In trading, the fundamental concept of supply and demand serves as the cornerstone for understanding price movements. Supply represents the quantity of a particular asset available for purchase, while demand signifies the desire of buyers to acquire that asset. When supply exceeds demand, prices typically decrease as sellers compete to attract buyers. Conversely,...
Too many traders think they are taking a Random Walk through these market streets. Well this post is to help them define a direction. Can you use this to target the exact price and day/hour/min? No (well sometimes you can nail it) But just like the Map App on your phone it will get you within a certain degree of accuracy AND you will definitely generally no...
CRYPTOCAP:BTC current downtrend has a strong support at 42k zone.with bullish momentum from 42k we might see a new high . But if the market doesnt create a strong reversal from that zone, BTC might nuke to 20k zones printing an exact fractal of the just concluded Anti-Gartley harmonic pattern that completes at 1.272 BC projection.
#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📉
The first documented use of charts goes back to ancient Babylonia, where their early forms were used primarily for record-keeping by astrologists and merchants. Then, sometime between the 5th and 6th century A.D., these graphical representations developed into a form reminiscent of today’s charts. Further refinement and development of charting techniques...
On the daily time frame SET:BCH has printed a bullish white-swan harmonic pattern that is almost in completion for upward continuation📈 A Bullish candle close on the daily tf with good volume above the $382 area will be a good entry
Today I'm explaining a very simple strategy that I use for trading US30 during the NY session. Basically just wait for the 8:am EST candle to close Once the candle closes, if it's red, you would enter a sell position with a 100 point profit target with a stop loss at 100 points as well. If it's green, enter a long position with a 100 point profit target and 100...