The Wyckoff Method is a trading strategy developed by Richard D. Wyckoff. It is based on the principles of supply and demand and is used to analyze price movements in financial markets. The Wyckoff method involves identifying support and resistance levels, analyzing volume and volatility, and studying the relative strength of different markets and uses these...
The book Trading in the Zone, written by Mark Douglas, is a financial trading classic. It explores the psychological aspects of trading and how they can be used to improve your trading performance. Douglas emphasizes the importance of having a clear understanding of the psychology of trading and how it affects your trading decisions. He also stresses the...
Hello my friends!
The most famous figure of technical analysis in the world. It consists of three tops, where the middle one is the highest. Accordingly, two shoulders and one head. The neckline in this case connects the two minimum values of the extreme top.
✳️ Pattern Breakdown
The Head & Shoulders pattern is a common psychological pattern of market players...
Hello everybody! 👋 🤗. Today we are going to learn about the 123 chart pattern. The 123 pattern is a typical reversal pattern that traders use to identify if an existing trend might change. These patterns can be a signal to enter the market. At the peaks or bottoms of the market trend, you can see 123-patterns, which signal a change in the trend. Sometimes they...
Sometimes it's useful to go back to the basics in order to fully comprehend the progress achieved. Today technical analysis is taken for granted, and very few people think about what is really behind the well-known market terms. The Dow Theory, and Charles Dow himself in particular, we can say, were at those very basics. In this case, at the present moment the...
Investing and trading in the stock market can be a daunting task, especially for those new to the game. With so many different indicators and metrics to consider, it can be difficult to know which ones to focus on. One key metric that traders often use to measure market volatility is Average True Range (ATR). In this blog post, we’ll explore what ATR is, how it’s...
Hello traders! Today we are going to look at the pattern Order Blocks, what this pattern means and how to trade it.
✳️ What is Order Block?
The largest (from open to close) closest bearish candle to support before a strong impulsive bullish move (last sell candle before the buy candle). The last falling candle before the impulse growth. The high of this candle...
Are you looking for a new way to analyze the markets and identify trends? Heiken Ashi is a powerful charting technique that can help you do just that. It provides traders with an easy-to-read visual representation of price movements that can be used to make more informed trading decisions. In this blog post, we'll cover what Heiken Ashi is, why it's so beneficial,...
Today we're going to talk about how to trade on the weekly timeframe. Trading on the weekly chart makes it clear that this trading strategy is for those who are patient, do not rush anywhere, and are willing to wait for signals for weeks or even months.
The idea behind the trading system
So, it is designed for those who have no hurry, or vice versa, for those...
Have you ever wondered what confluence in trading is? How can you combine several elements into one to increase your chances of making significant profits? Regardless of what type of trader you are or what your trading goals are, a confluence is always a great choice for many reasons, which we will discuss below in this post.
A definition of confluence in trading...
Trading in the financial markets is a highly competitive and ever-changing landscape, where the difference between success and failure can be razor-thin. To succeed as a trader, you need to have a trading edge, which is essentially an advantage that gives you a higher probability of success in the markets. In this post, we will discuss three ways to increase your...
Artificial Intelligence (AI) is revolutionizing the financial markets, with its algorithms and automated systems allowing for faster and more accurate trading decisions. AI technology has already seen success in stock market trading, but it is now being used to analyze data from all areas of finance, including banking and investments. In this article, we will...
✳️ One of the key ingredients to successful trading is confidence, but many people lack it. Why? I'll be talking about this in this post. Having a plan is the fundamental cornerstone of confidence. Fear and hesitation are caused when you are unsure about what to do. I'm surprised by how many traders just work without a defined strategy. Your trading plan should be...
Importance of Comparing Automated Trading Strategies to Buy&Hold | 04/15/23
Recently, TradingView introduced a new backtesting feature that allows traders to compare their trading strategy to simple "buy and hold" strategies. This has proven to be very useful for our trading team and crypto community, especially when attempting to find the best settings for...
In today’s volatile global market, the price of oil can be affected by a variety of factors. From wars and international trade agreements to financial market dynamics and global economic outlook, understanding what influences the price of oil is essential for both governments and individuals alike. In this post, we will look at how geopolitical factors, financial...
Trading on key levels is one of the basic principles of Price Action trading in the financial markets. There are two main ways to trade on levels: on the breakout and on the reversal. How to distinguish a correct signal to enter the market from a false one, how to set stop-losses and take-profits and what other nuances should be considered when trading in this...
Hello trader! How much time do you usually need to spend studying charts and watching the currency markets? I'm sure many of you at the beginning of your trading career literally stuck to your computer screens for days on end, obsessing over charts, drinking large amounts of coffee and constantly placing orders throughout the day, but is this the only, realistic...
Trading on a pullback is one of the options for trading in Price Action patterns. Like trading on a breakout, this style implies the use of pending orders. Trading on a pullback is more popular than on a chart breakout. If Price Action signals are used correctly, it can bring more profit with less risks.
🔵 Characteristics of the strategy of trading on a...
