Trade Execution on EURNZD|PRZ Area of Interest Simplified I hope you got value from the video, more to come, and wishing you all a more profitable trading opportunity.
Harmonic Patterns
XAUUSD GOLD WEEKLY ANALYSIS 11- 15 NOVEMBER Here on this video is show you xauusd analysis for the coming week so there chance of gold to continue falling so trader can trader with caution while shorting xauusd because of volatility so to avoid account below . So use money management
HOW TO CACULATE PIPS FOR XAUUSD (GOLD)Hello trader , In this video i show you how you can calculate pips for Xauusd (Gold) using long position and short position tool. Calculating Gold pips is different from calculating currency pairs pips . Remember to like and and share your thought on comment !
Take a look at this strategy"Video Idea: A complete beginner-to-pro guide on using TradingView's advanced charting tools, technical indicators, and customizable features for market analysis. The video will cover setting up your workspace, reading charts, creating trading strategies, and navigating the social community. Perfect for traders looking to maximize their TradingView experience!"
"Video Idea: A complete beginner-to-pro guide on using TradingView's advanced charting tools, technical indicators, and customizable features for market analysis. The video will cover setting up your workspace, reading charts, creating trading strategies, and navigating the social community. Perfect for traders looking to maximize their TradingView experience!"
Fibonacci Retracements: Finding Key Levels the Easy WayIn this video, I’ll walk you through how I use Fibonacci retracements to spot those key pullback levels where price might bounce and keep trending. It all comes from an old-school math genius named Leonardo of Pisa (aka Fibonacci), but don’t worry – no crazy math here, just practical trading tools.
The main levels I focus on? 38.2%, 50%, and 61.8%. IF price holds at one of these levels, THEN it’s a good sign the trend could keep going. IF NOT, THEN I stay ready for a deeper pullback. Using this tool helps me stay ahead and manage trades with more confidence.
Your Turn:
Here’s a fun exercise – draw Fibonacci retracements on different timeframes, from the weekly all the way down to the 5-minute chart. Check how the levels overlap or line up. Those overlaps, or confluences, are where some of the best trades happen!
If this clicks with you, hit like, drop a comment, or follow – I’ll keep sharing more tips to help you crush the markets!
Mindbloome Trading
Trade What You See
HOW TO CONNECT A BROKER WITH TRADINGVIEWHere on this video i show you how you can connect a broker with tradingview and trade inside tradingview so you can monitor your trade in one place . I show you how to login and set up trade to create limit order or execute market immediately.
HOW TO USE RECTANGLE CHAT PATTERNHere on this video i show you how you can use rectangle chat pattern and trade so you can maximize your profit so it is very simple to use and you can apply it when price break above or below rectangle. Use money management
This Video is for Harmonic Pattern Traders.Educational PurposeHarmonic Pattern trading is a measurement based approach which has been proven to be very effective in the financial market.
So if you are having some self doubt whether it works or not. This video should help
HOW TO CALCULATE PIPS ON TRADINGVIEWHere i show you how you can calculate pips using tradingview tool like ruler and forecast position to determine pips level . So with this you can be able to know what pips in trading weather is take profit or stoploss.
HOW TO FIND A BETTER ENRTY FOR TRADING FOREXHere i show you how you can find a better entry trading forex and also trading xauusd. So right here you can able to know how to enter , set stoploss and take profits
Keys to the Kingdom: How to Become a Badass TraderReady to unlock the secrets of badass trading? In this video, I'm sharing the ultimate guide to becoming a successful and confident trader. Whether you're a beginner or a seasoned pro, these tips and strategies will elevate your trading game to new heights.
We'll cover:
Mastering technical analysis and reading market trends
Developing a solid trading plan and sticking to it
Managing risk like a pro to protect your capital
Recognizing key opportunities for maximum gains
Building the right mindset for trading success
Join me as I reveal the keys to the kingdom and transform you into a badass trader. Don't forget to like, comment, and subscribe for more powerful trading insights and strategies. Let's dominate the markets together! 🚀💹
Paper Trading Challenge: Which Strategy Did the Best, Winner is The winner has now been decided! In this thrilling paper trading battle, we put four powerful trading strategies to the test: Harmonics Trading Strategy, Sentiment Trading Strategy, RSAI Blueprint Strategy, and Market Structure Strategy.
Throughout this episode, we:
Explained the fundamentals of each strategy.
Demonstrated real-time application of each trading approach.
Tracked and analyzed trades executed by each strategy.
Compared performance metrics including win/loss ratio, average return, and overall profitability.
Whether you're a seasoned trader or just starting out, this video offers valuable insights into the practical application of these popular trading techniques. Watch till the end to see which strategy emerges victorious and to learn tips and tricks you can incorporate into your own trading practice.
🔔 Don't forget to like, comment, and subscribe for more trading strategy battles and tutorials!
Monitoring and AdjustingMonitoring and adjusting in gold trading involves continuously tracking your investments and the overall market to ensure your strategy remains effective. Regularly review your portfolio’s performance and compare it against your set objectives and benchmarks. Stay informed about market trends, economic news, and geopolitical events that can impact gold prices. Adjust your strategy as needed, which may include rebalancing your portfolio, modifying entry and exit points, or updating risk management measures like stop-loss orders. This ongoing process helps you stay responsive to market changes and maintain alignment with your trading goals and risk tolerance.
Choosing a Trading PlatformChoosing a trading platform for gold trading is a crucial step to ensure a smooth and secure trading experience. Look for a platform that offers robust security features to protect your investments and personal information. The platform should provide real-time data and market analysis tools to help you make informed trading decisions. Low transaction fees are important to maximize your profits. Additionally, the platform should have a user-friendly interface and reliable customer support to assist you when needed. By selecting the right platform, you can enhance your trading efficiency and overall experience.
Developing a strategy Developing a strategy for gold trading involves creating a comprehensive plan to guide your trading decisions and actions. This starts with conducting thorough market analysis, including both technical analysis (such as chart patterns and indicators) and fundamental analysis (considering economic data, geopolitical events, and market sentiment). Define your entry and exit points, set stop-loss orders to manage risk, and decide on the position size for each trade. Incorporate diversification to spread risk and set realistic profit targets. Regularly review and refine your strategy based on market performance and evolving financial goals to maintain an effective and adaptive approach to trading.
+4R Tricky NZDUSD BreakdownAnother trade breakdown
☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
Solution to a WEEKLY PUZZLE, check your version!Here's a solution, thank you very much for participating and for your answers. They key point of this puzzle is that unclear and choppy markets tend to remain unclear and choppy and it doesn't make sense to predict them, since you'll have a lot of losers and fake signals. More in the video!
XAUUSSD FORECAST : 17TH - 21ST 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.
## Catching Spikes on Boom 300 and Crash 300 with Trendlines## 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 300 or Crash 300 index.
### 2. Drawing Trendlines
- **Identify Highs and Lows**: Locate significant highs and lows on your chart.
- **Draw the Trendline**: Connect at least two significant highs for a downtrend line or two significant lows for an uptrend line.
### 3. Spotting Spikes
- **Boom 300 Index**:
- Look for points where the price breaks above the downtrend line.
- This breakout can signal an upcoming upward spike.
- **Crash 300 Index**:
- Look for points where the price breaks below the uptrend line.
- This breakout can indicate an impending downward spike.
### 4. Confirming the Breakout
- **Volume**: Ensure there is an increase in volume during the breakout.
- **Candlestick Patterns**: Look for bullish reversal patterns for Boom 300 and bearish reversal patterns for Crash 300 near the trendline.
### 5. Risk Management
- **Stop-Loss**: Place a stop-loss slightly below the breakout point for Boom 300 and slightly above for Crash 300.
- **Take-Profit**: Set your target based on previous highs/lows or use a risk-reward ratio.
By using trendlines to identify and confirm breakouts, you can effectively catch spikes on the Boom 300 and Crash 300 indices on Deriv with TradingView.
Catching Boom and Crashe on Deriv Tradingview using TrendlinesCatching 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 to spike downwards occasionally.
### 2. Setting Up TradingView
- Open TradingView and ensure you have the Boom or Crash index loaded on your chart.
### 3. Drawing Trendlines
- **Identify Highs and Lows**: Start by identifying significant highs and lows on the chart.
- **Draw the Trendline**: Connect at least two significant highs for a downtrend line and at least two significant lows for an uptrend line.
### 4. Analyzing Trendline Breaks
- **Downtrend Breakout (Boom Index)**: Look for points where the price breaks above a downtrend line. This can indicate a potential upward boom.
- **Uptrend Breakout (Crash Index)**: Look for points where the price breaks below an uptrend line. This can indicate a potential downward crash.
### 5. Confirming the Breakout
- **Volume**: Higher volume during the breakout can confirm the validity of the trendline break.
- **Candlestick Patterns**: Look for reversal candlestick patterns near the trendline to increase the accuracy of your prediction.
### 6. Risk Management
- **Stop-Loss**: Set a stop-loss slightly below the breakout point for booms and slightly above for crashes.
- **Take-Profit**: Determine your target based on previous highs/lows or use a risk-reward ratio.
### Example:
1. **Boom Index**:
- Identify recent highs and draw a downtrend line.
- Wait for a candlestick to close above the trendline.
- Confirm with volume and possibly a bullish candlestick pattern.
- Enter a buy trade with a stop-loss below the trendline and a take-profit at a previous resistance level.
2. **Crash Index**:
- Identify recent lows and draw an uptrend line.
- Wait for a candlestick to close below the trendline.
- Confirm with volume and possibly a bearish candlestick pattern.
- Enter a sell trade with a stop-loss above the trendline and a take-profit at a previous support level.
By carefully analyzing trendlines and confirming breakouts with additional indicators, you can effectively catch booms and crashes on Deriv's Boom and Crash indices using TradingView.
Trading Volatility 75 Index Using Trendlines Deriv TradingViewThe 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 guide to help you get started.
#### 1. Understanding Trendlines
Trendlines are straight lines drawn on a chart that connect two or more price points, usually to indicate a trend direction. An upward trendline connects the lows in an uptrend, while a downward trendline connects the highs in a downtrend. These lines act as support and resistance levels, providing traders with visual cues for potential trade opportunities.
#### 2. Setting Up Your Trading Environment
**Step 1: Access Deriv TradingView**
Log in to your Deriv account and navigate to the TradingView platform. Ensure that you have selected the Volatility 75 Index chart for analysis.
**Step 2: Choose the Right Timeframe**
Select an appropriate timeframe for your trading style. Short-term traders might prefer 1-minute or 5-minute charts, while swing traders may opt for 1-hour or daily charts.
#### 3. Drawing Trendlines
**Step 1: Identify Key Points**
Identify significant highs and lows on the chart. In an uptrend, look for a series of higher lows. In a downtrend, look for a series of lower highs.
**Step 2: Draw the Trendline**
- **Uptrend:** Click on the trendline tool and connect at least two significant higher lows.
- **Downtrend:** Click on the trendline tool and connect at least two significant lower highs.
Ensure that your trendline is not cutting through the candlesticks and that it aligns well with the price movement.
#### 4. Analyzing Trendline Breaks
Trendline breaks can signal potential trading opportunities. When the price breaks above a downward trendline, it might indicate a bullish reversal. Conversely, when the price breaks below an upward trendline, it might indicate a bearish reversal.
**Step 1: Confirm the Break**
Wait for a candlestick to close above or below the trendline to confirm the break. This reduces the risk of false signals.
**Step 2: Use Volume for Confirmation**
Increased trading volume can validate the trendline break, suggesting stronger market conviction behind the move.
#### 5. Placing Trades
**Step 1: Set Entry Points**
- **Long Trade:** Enter a buy position when the price breaks above a downward trendline and the breakout is confirmed.
- **Short Trade:** Enter a sell position when the price breaks below an upward trendline and the breakout is confirmed.
**Step 2: Set Stop-Loss Levels**
- Place a stop-loss below the most recent swing low for long trades.
- Place a stop-loss above the most recent swing high for short trades.
**Step 3: Set Take-Profit Levels**
Use previous support and resistance levels or employ a risk-reward ratio (e.g., 1:2 or 1:3) to determine your take-profit points.
#### 6. Managing the Trade
- **Monitor the Trade:** Keep an eye on the trade and adjust your stop-loss to lock in profits as the price moves in your favor.
- **Be Prepared for Reversals:** Market conditions can change rapidly, especially with an instrument as volatile as the Volatility 75 Index. Stay alert and be ready to exit the trade if the market reverses.
#### 7. Additional Tips
- **Combine with Other Indicators:** Enhance your trendline analysis by using other technical indicators like RSI, MACD, or moving averages for additional confirmation.
- **Stay Informed:** Keep an eye on market news and events that could impact volatility.
- **Practice Risk Management:** Never risk more than a small percentage of your trading capital on a single trade. This helps in managing potential losses and staying in the game longer.
#### Conclusion
Trading the Volatility 75 Index using trendlines on Deriv TradingView can be a powerful strategy when executed with precision and discipline. By identifying and drawing accurate trendlines, confirming trendline breaks, and managing trades effectively, traders can navigate the volatile nature of the VIX and capitalize on market movements. Always remember to practice good risk management and continuously improve your trading skills through education and experience.
MARKET STRUCTURE USING SMART MONEY CONCEPT (ICT)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 impact market prices and trends. The smart money concept suggests that these institutions leave discernible footprints on price charts, which can be identified through patterns like accumulation and distribution, liquidity hunts, and manipulation of key support and resistance levels. Traders who understand and recognize these patterns can potentially align their strategies with the smart money, improving their chances of making profitable trades by following the sophisticated moves of these influential market participants.
