Hello Traders:) Enjoy this small tutorial about VWAP 1. Definition: VWAP is a popular technical indicator used in trading to assess the average price at which a security has traded throughout the required time range, weighted by the volume of each trade. It provides a reference point for traders to evaluate whether they are buying or selling at a favorable...
This wave theory is based on the psychology of groups of individuals and statistical patterns. Every market decision is generated by meaningful information and simultaneously generates meaningful information. Each transaction being a result, becoming known to investors, joins the chain of causes of people's behavior (not news drives prices). The price...
Save this! Before placing an order it is advisable to wait for confirmation. In the chart above we have an example of a sell that can be made on 1HR / 30m / 15m. We are waiting for the price to form a resistance. See if there is enough range 15-20 pips . Place the order and as a target most recent support.
A descending broadening wedge is bullish chart pattern (said to be a reversal pattern). It is formed by two diverging bullish lines. A descending broadening wedge is confirmed/valid if it has good oscillation between the two upward lines . The upper line is the resistance line; the lower line is the support line. Each of these lines must have been touched at...
Hello traders, we would like to share some value knowledge, about structure based mostly on Wyckoff schematics. As an example u have marked up area identify by us as Wyckoff distribution schematic to help u get deeper understanding about markets and printed structure itself. Please, scroll left and right chart to see multiple examples of accumulation and...
Hello traders, we would like to share some value knowledge, about structure based on Wyckoff schematics. As an example u have marked up area identify by us on 5m TF, to help u deeper understanding about markets and printed structure itself. Hopefully this will help u get some breakthrough in your trading journey. God bless u all.
Hello traders, we would like to share some value knowledge, about structure based mostly on Wyckoff schematics. As an example u have marked up few areas identify by us on multiple TF to help u deeper understanding about markets and printed structure itself. Please, scroll left and right chart to see multiple examples of accumulation and distribution schematics....
Hello traders, we would like to share some value knowledge, about structure based mostly on Wyckoff schematics. As an example u have marked up few areas identify by us on multiple TF to help u deeper understanding about markets and printed structure itself. Please, scroll left and right chart to see multiple examples of accumulation and distribution schematics....
Hello traders, we would like to share some value knowledge, about structure based mostly on Wyckoff schematics. As an example u have marked up few areas identify by us on multiple TF to help u deeper understanding about markets and printed structure itself. Please, scroll up chart to see multiple examples of accumulation and distribution schematics. Hopefully...
Hello traders, we would like to share some value knowledge, about structure based mostly on Wyckoff schematics. As an example u have marked up few areas identify by us on multiple TF to help u deeper understanding about markets and printed structure itself. Hopefully this will help u get some breakthrough in trader journey. God bless u all.
Hey tradomaniacs, most of all beginners out there (I was at this point aswell), don`t know how to create a strategy and trading plan and are not able to make money WITH the market. At this point, I just wanna give you an example and tell you why it`s so important to have valid signals and a strategy you can trust in. Emotions - The Cash-shredder Emotions...
The ascending wedge is a pattern in price action that has an uptrend with higher lows and higher highs, however the lines that connect the lows and the highs are tightening. This usually suggests that bull strength is running out, as every rally running toward the resistance is shorter lasting and moves less in terms of price action. Ascending wedges can break to...
Here I am going to explain how to trade a bat pattern in non-USD currency pairs . let's use AUD/CHF last week for example As you can see in 4H chart, B point and D point are determined by the Fib retracemen of XA t. Expecially for D point, it need to be 88.6% of XA, the price can't go far away from it. This is condition 1. For the bat pattern, the final...