I have read a lot of trading books since the time I started trading my own account and the one book that really helps me out and “I wish I’ve read this one first” – is Market Wizards Interview with Top Traders by Jack D. Schwager. Here’s the list that struck me most that I’d like to share: “Early trading failure is a sign that you are doing something wrong;...
Welcome to the market’s game of zig-zag. On the one side, we’ve got the bulls pulling prices up (doing the zigging), and on the other, the bears dragging them down (doing the zagging). Somewhere in there lies a delicate balance—where prices pause, reverse, or break through. These are support and resistance levels, and if you want to play in the big league and run...
This instructional video teaches you the basics of Fibonacci Price Theory in conjunction with Breakout Bars and how price is the ultimate indicator. Throughout this video, I try to provide instruction on key elements related to the Fibonacci Price Theory (Unique & Standout Highs/Lows). Additionally, I've also included Breakout Bars and Fibonacci Price Retracement...
Interested in selecting high-quality stocks and growing your wealth through long-term investing? Today, I'll guide you through effective stock selection methods, including the top-bottom and bottom-top approaches. Remember, as Warren Buffett famously said, "The stock market is designed to transfer money from the active to the patient." 💼📈 Let's start with the...
Anatomy of a Top – Seven Questions for Selling Discipline: Louise Yamada The equity market may be presenting a somewhat ambiguous and / or rotating profile over past months of sharp rallies and retreats, but preservation of capital comes directly from action we take with...
My SPY Cycle Patterns suggest the markets will establish a PEAK/TOP today - then trend downward. I created this video to help my followers stay aware of the short-term nature of price in a reactionary price trend - like today. If you are chasing this rally, stay very cautious of risks related to my SPY cycle patterns. Overall, I expect the markets to peak,...
A technical chart pattern recognized by analysts, known as a broadening formation or Megaphone Pattern, is characterized by expanding price fluctuation. It is represented by two lines, one ascending and one descending, that diverge from each other. This pattern typically appears after a significant increase or decrease in security prices and is denoted by a...
Hello trader! Welcome back to another episode with Analyst Aadil1000x. Today I am here to show you some stories that many traders don't know that can also happen to them and many traders can also relate these stories with them. You will only see success stories on the internet and that's only 1% truth. Have you not seen how much tough the market is? If you are...
This script is a custom volume indicator with additional features. But why is this useful? The minimum and maximum volumes, in different time periods, are displayed by labels below the bars. I call them "Peaks" and "Troughs"(Hover your mouse cursor over the labels to see more details) These parameters are widely used in technical analysis . If traders want to...
Want to buy the bottom and sell the top? Want to predict major turning points in a security's price? Want to avoid buying too early or selling too late? Then you need to understand support and resistance levels! I know a lot of people who mostly trade breakouts. That can be a very successful strategy, and I've used it myself to good effect. But if you buy a...
The Broadening Top pattern appears when price makes a straight upwards run (similar to the "Flagpole" of a Bull Flag Pattern, then swings between two expanding broadening trendlines with at least 5 touches. It is a neutral pattern which means it can break out in either direction, on the bottom right examples i have explained how the pattern is identified,...
CFDs are financial contracts between a broker and trader that pays for the difference in the settlement price between when you open and close a trade. If a trader expects the currency to move higher, they will enter a long position with a specific lot size. Conversely, if the trader expects the currency to move lower, they will enter a short position, expecting...
MATICBTC neatly moved in a Fibonacci Channel and fell down to 100% bottom of that channel. Two detectors predicted the top Golden Ratio Top Detector (UO_GRFM) Mayer Multiple Golden Ratio Top Detector also showed the potential bottom correctly. Future? As long as it coasts above SMA350/6h, I will consider it a bullish opportunity and keep collecting. Also...
Looks like BTCUSD still have a little bit further down to go, but is winding up for a next significant pump. DEMO of the use of my FUSIONGAPS (FG) and DIFFERENTIAL FUSIONGAPS (DFG) scripts, with my LIVIDITIUM indicators set. Not a financial/trading/investment advice. Exercise your own judgement and take responsibility for your own trades. ;) See also: If...