In this article, we will simplify complex market structures by breaking them down into easy-to-understand patterns. Recognizing market structure can enhance your trading strategy, increase your pattern recognition skills in various market conditions. Let’s dive into some essential chart patterns that every trader should know.
Double Bottom / Double Top
A ...
Hey here is Technical Patterns cheat sheet for traders.
🖨 Every trader must print this cheatsheet and keep it on the desk 👍
🖼 Printable picture below (Right click > Save Image As…)
In finance, technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.
Behavioral...
Hey traders,
Talking to many struggling traders from different parts of the world, I realized that the majority constantly makes the same mistake : they do not set a stop loss .
Asking for the reason why they do that, the common answer is that
these traders consider the manual position closing to be safer, implying that if the market goes in the...
Key Structures and Formations:
Ascending Channel:
The price has been moving within this channel for a while. An ascending channel indicates an uptrend but also signals that the price is forming higher highs and higher lows, which can later break either direction.
Bull Flag:
A classic continuation pattern where after a strong bullish move (flagpole), the...
Greetings Traders!
In today's video, we'll continue our deep dive into Quarter Theory Intraday Trading Mastery—a model rooted in the algorithmic nature of price delivery within the markets. We’ll explore the concept of draw on liquidity through premium and discount price delivery, equipping you to identify optimal trading sessions and execute high-probability...
Greetings Traders!
In today’s video, we’ll be introducing Quarter Theory Intraday Trading Mastery, a model grounded in the algorithmic nature of price delivery within the markets. We’ll explore candle anatomy and learn how to predict candle behavior on lower timeframes to capitalize on intraday trading opportunities. This model will also help us identify the...
Hey traders,
In this educational article, we will discuss
Please, note that the concepts that will be covered in this article can be applied on any time frame, however, higher is the time frame, more trustworthy are the candles.
Also, remember, that each individual candle is assessed in relation to other candles on the chart.
There are three types of...
In this educational article, we will discuss why is it recommendable not to trade during the public holidays. I will explain to you how banking holidays affect the financial markets and how it may impact your trading.
WHY???
🏦 The main source of problems comes from the fact that the big market players like:
banks,
hedge funds
investing firms
are...
In the fast-paced and ever-evolving world of trading, the pressure to make quick decisions and stick to them can be intense. There's a pervasive belief that once a decision is made, a good trader should stand by it, no matter what.
However, this mindset can be misleading and, in some cases, even harmful.
In truth, the ability to change your mind in trading is...
I first read "Trading in the Zone" 15 years ago in English. Recently, a publishing house in Romania translated it, and I purchased it on Friday, finishing it entirely by Sunday evening and it was just as impactful as the first time I read it. Mark Douglas' insights into trading psychology are timeless, and this book remains a cornerstone for anyone serious...
What is a Volume Profile?
A Volume Profile is an advanced charting tool that plots the amount of trading activity (volume) across different price levels over a specific period. Unlike traditional volume indicators that only show volume over time, Volume Profiles provide insights into where the majority of trading took place, highlighting key areas of support...
Hey traders,
In this article, we will discuss demo account trading .
We will discuss its importance for newbie traders and its flaws.
➕ Pros:
Demo account is the best tool to get familiar with the financial markets . It gives you instant access to hundreds of different financial instruments.
With a demo account, you can learn how the trading...
Descending triangle formation is a classic reversal pattern . It signifies the weakness of buyers in a bullish trend and bearish accumulation .
In this article, I will teach you how to trade descending triangle pattern. I will explain how to identify the pattern properly and share my trading strategy.
⭐️ The pattern has a very peculiar price action...
In this article, we will discuss a very important term in trading psychology - paralysis by analysis in trading.
Paralysis by analysis occurs when the trader is overwhelmed by a complexity of the data that he is working with. Most of the time, it happens when one is relying on wide spectra of non correlated metrics. That can be various trading indicators,...
Hey traders,
In this educational article, we will discuss 3 stages of the evolution of a trader .
Stage 1 - Unprofitable trader 😞
The unprofitable trader has very typical characteristics:
-total absence of trading skills
Most of the time, people open a live account simply after completing some beginners course like on babypips website.
Being sure that...
The quarters theory challenges the notion that financial markets are chaotic and that market prices are random by demonstrating constant orderly movement of price from one Quarter point to the next. In this publication, I will delve into the fundamentals of Yotov's Quarter Point Theory, its significance, and how it can be applied effectively in forex trading.
...
Want to spot a turning point in trend before it happens? Use Elliott wave parallel channel
This chart shows the GBP/JPY currency pair using monthly candlesticks. The advance from Sep 2011 to June 2015 can be labeled as an impulse wave (A). From that high, the pair declined in three waves labeled as wave (B) of a Zigzag A-B-C correction with an expanding diagonal...
Does technical analysis really work in Gold trading?
In this article, we will discuss whether the traditional, classic methods of technical analysis: support and resistance, breakouts, patterns can be reliable in this specific market.
We will explore the dynamics of Gold prices so far this year and discuss the most efficient way to trade Gold.
So if you...
![BTCUSD: TOP 20 TRADING PATTERNS [cheat sheet]](https://s3.tradingview.com/s/SGUilTg3_mid.png "TOP 20 TRADING PATTERNS [cheat sheet]")
