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Forex Trading Time Zones: Market Hours and Overlaps Forex Trading Time Zones: Market Hours and Overlaps In the world of forex trading, understanding the dynamics of different time zones is paramount. This article delves into the intricate web of currency trading time zones, exploring the 24-hour cycle, major trading hours, and the nuanced opportunities each presents. The 24-Hour Cycle of Forex Market Time Zones The forex market's distinctive feature of being open 24 hours a day, five days a week, is a testament to its unparalleled accessibility, dynamics, and decentralised nature. Unlike traditional financial markets constrained by fixed trading hours, the forex market operates continuously, commencing in Asia on Monday and concluding in North America on Friday. Major financial centres in different time zones steer the dynamics of the forex market, acting as the primary drivers of market activity during their respective business hours. That complex interplay creates distinct trading periods, each characterised by unique market conditions and opportunities. Key Forex Session Time Zones Knowing the trading hours of the major forex trading hours is fundamental for any trader aiming to capitalise on the dynamic nature of the market. Winter time: - London Session: From 8:00 AM to 5:00 PM UTC - New York Session: From 1:00 PM to 10:00 PM UTC - Sydney Session: From 09:00 PM to 6:00 AM UTC - Tokyo Session: From 11:00 PM to 8:00 AM UTC Summer time: - London Session: From 7:00 AM to 4:00 PM UTC - New York Session: From 12:00 PM to 9:00 PM UTC - Sydney Session: From 10:00 PM to 7:00 AM UTC - Tokyo Session: From 11:00 PM to 8:00 AM UTC Different Time Zones in Forex Trading Create Opportunities The diverse forex trading time zones offer a rich tapestry of opportunities, each session presenting distinct characteristics that traders can strategically exploit. London Session The London session time provides opportunities for traders to engage in high-liquidity markets. Currency pairs involving the euro (EUR) or the British pound (GBP), such as EUR/USD and GBP/USD, tend to be particularly active during this period. The early morning volatility during the London session trading time can be harnessed for quick trades or trend-establishing moves. New York Session As the New York session time kicks in, currency pairs involving the US dollar (USD) or other currencies of countries in the same time zone take centre stage. Pairs like USD/MXN and USD/CAD experience heightened volatility and amplified market activity. Sydney Session While the Sydney session may exhibit lower volatility, it sets the stage for the day's trading. Currency pairs tied to the Australian dollar (AUD) and the New Zealand dollar (NZD), like AUD/USD and NZD/USD, can witness initial movements during this period, creating opportunities for strategic positioning. Tokyo Session The Tokyo session focuses on the Japanese yen (JPY) pairs, offering traders the chance to tap into the unique characteristics of this market. Currency pairs like USD/JPY and EUR/JPY may see increased activity, presenting opportunities for trend-following or counter-trend strategies. Session Trading Strategies The convergence of major financial hubs during specific currency trading time zones creates a unique environment that can be exploited strategically. Let’s examine three strategies for each major forex time zone. London Session Breakout Strategy The London Session Breakout strategy is based on the significant increase in trading volume and volatility when the London market opens, specifically between 7:00 AM and 10:00 AM UTC (summer time) or 8:00 AM and 11:00 AM UTC (winter time). However, most focus is often placed on the range between 8:00 AM and 9:00 AM summer time or 9:00 AM and 10:00 AM winter time. This surge during the London trading session often leads to notable price movements, particularly in forex pairs like GBP/USD and EUR/USD, making it an ideal time for breakout strategies. Entry - Traders monitor the early London trading hours. The idea is to look for a specific range with clear high and low boundaries during this time. - They set buy stop orders slightly above the high of this range and sell stop orders slightly below the low, aiming to capture the breakout direction. Stop Loss - Stop losses are strategically placed slightly below the most recent swing low for buy positions and vice versa, offering potential protection against false breakouts. Take Profit - Some traders may prefer to close the position as the New York session begins, as reversals are common during this session overlap. - Alternatively, trailing stops might be employed to take advantage of extended price movements if the trend continues strongly after the breakout. New York Reversal Strategy The New York Reversal strategy exploits the heightened volatility and liquidity that occur at the start of the New York session. While there isn’t a perfect correlation, it’s common to see the initial London trend extended early into the New York session before a reversal, usually between 12:30 PM and 2:00 PM UTC summer time and 1:30 PM and 2 PM UTC winter time. This strategy is particularly effective due to the influx of trading activity and market orders when the US markets open. Entry - Traders often monitor the market around the first couple of hours of the New York forex session time, looking for signs of reversal. This may be a divergence between a price and a momentum indicator, a reaction from a significant support or resistance level, a candlestick or chart pattern, and so on. - Once the trader has confirmation that the London trend may be reversing, they enter a position. Stop Loss - Stop losses are generally placed just beyond the nearest swing high or low. This helps potentially protect against losses if the anticipated reversal does not occur. Take Profit - Traders frequently set profit targets at significant support or resistance levels established during the London session. - Alternatively, traders might trail their stop loss to follow the market movement and maximise potential gains. Tokyo Volatility Breakout Strategy The Tokyo Volatility Breakout strategy leverages the increased trading activity and liquidity at the start of the Tokyo session time. This strategy is best suited to JPY pairs like USD/JPY, EUR/JPY, and GBP/JPY, which often see significant price movements due to the influx of market participants at Japan’s forex market open time. Between 9:00 PM and 10:00 PM UTC summer time (8:00 PM and 9:00 PM UTC winter time), volume and liquidity dry up significantly as the New York session closes. 10:00 PM and 11:00 PM UTC summer time (9:00 PM and 10:00 PM winter time) sees some activity as Sydney session time begins, but the start of the Tokyo session forex time, between 11:00 PM and 12:00 AM, can kickstart a new trend and break out from the typical ranging conditions from the previous few hours. Entry - Traders often monitor the market and look for breakouts as the Tokyo session begins. - Bollinger Bands can be used to identify these breakouts, typically characterised by the bands squeezing together before the price closes strongly outside the upper or lower band, potentially indicating the start of a trend. Stop Loss - Stop losses are generally placed beyond the nearest swing high or low or beyond the opposite side of the Bollinger Band. This helps potentially protect against losses if the breakout does not result in a sustained trend. Take Profit - Profit targets are often set at significant support or resistance levels established in previous sessions. - Alternatively, positions might be closed at the start of the London session (around 7:00 AM - 8:00 AM UTC) to avoid potential reversals that occur with the increased liquidity and trading volume as European markets open. Tailoring Your Trading Schedule to Forex Currency Time Zones Crafting an effective trading schedule involves a personalised approach, taking into account a trader's individual location and trading style objectives. Different Trading Styles: Maximising Opportunities Forex time zones often determine specific forex rate behaviours. For day traders, the volatility and liquidity during overlapping activity can provide ideal conditions for executing rapid trades. The heightened volatility and liquidity are even more advantageous for scalpers seeking to capitalise on rapid price movements by executing trades with precision. Overlapping sessions also often mark key points where trends may continue or reverse. Traders employing trend-following or breakout-based strategies can capitalise on that momentum. Swing traders, on the other hand, who aim to capture trends over a slightly longer timeframe, may take advantage of the distinct characteristics of individual sessions, such as the so-called stability of the Sydney session or the high volatility of the London session. Economic Events and News Releases Traders also consider the timing of major data releases and align that with their specific geographic location. During the London session, major European economic indicators and policy announcements can set the tone. Then, the market may respond to data from the United States that can significantly influence USD pairs, followed by economic reports from the Asia-Pacific region. The interconnectedness of the world economy can have cascading effects on currency values across the globe. Currency Market Correlations Currency pair correlations exhibit dynamic shifts depending on the timing and may lead to specific patterns. For example, the correlation between USD/JPY and EUR/USD can shift throughout the trading day, starting from positive during the Tokyo session and then shifting into negative during European and New York trading hours. Traders can leverage correlation analysis as a powerful tool for making informed trading decisions. Final Thoughts Navigating the dynamic world of forex trading requires a multifaceted understanding of the market's 24-hour cycle, the overlapping of major trading sessions, and the intricate interplay of economic events and currency correlations. FAQ What Are the 4 Forex Sessions? The forex market operates 24 hours a day, divided into four main sessions based on key financial centres: the Sydney session forex time (10:00 PM to 7:00 AM UTC in the summer and 9:00 PM to 6:00 AM UTC in the winter), the Tokyo session forex time (11:00 PM to 8:00 AM UTC in the summer and winter), the London session forex time (7:00 AM to 4:00 PM UTC in the summer and 8:00 AM to 5:00 PM UTC in the winter), and the New York session forex time (12:00 PM to 9:00 PM UTC in the summer and 1:00 PM to 10:00 PM UTC in the winter). When Does the London Session Start? The London session starts at 7:00 AM UTC during summer and at 8:00 AM UTC during winter due to daylight saving time adjustments. This session is crucial for its high liquidity and significant overlap with other major sessions. What Time Is the New York-London Session Overlap? The overlap between the New York trading session time and the London session occurs from 12:00 PM to 4:00 PM UTC in summer and from 1:00 PM to 5:00 PM UTC in winter. Do Tokyo and London Sessions Overlap? The Tokyo and London sessions do not overlap significantly. The Tokyo session ends at 8:00 AM UTC, while the London session starts at 7:00 AM UTC in the summer. The minimal overlap from 7:00 AM to 8:00 AM UTC sees limited trading activity. In winter, sessions don’t overlap. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Education

Retro Editors' picks 2020 As we move forward through time, we occasionally must look backward to evaluate our progress and address our shortcomings. For years, PineCoders has voluntarily analyzed numerous published scripts, selecting the most exceptional among them as Editors' picks . To enhance our process and spotlight more high-quality work from our community, we've conducted a comprehensive review of script publications from the past five years. Through this effort, we've identified several additional scripts that deserve greater recognition than they initially received. Below is a collection of additional scripts from 2020 that have earned a spot in our Editors' picks. These retrospective selections reflect our continued commitment to honoring outstanding contributions in our community, regardless of when they were published. To the authors of these highlighted scripts: our sincere thanks, on behalf of all TradingViewers. Congrats! Support Resistance Channels - LonesomeTheBlue BERLIN Candles - lejmer Delta Volume Columns Pro - LucF Range Filter - DonovanWall Over the next four months, in the last week of each month, we will share retro Editors' picks for subsequent years: June: retro EPs for 2021 July: retro EPs for 2022 August: retro EPs for 2023 September: retro EPs for 2024 They will be visible in the Editors' picks feed . █ What are Editors' picks ? The Editors' picks showcase the best open-source script publications selected by our PineCoders team. Many of these scripts are original and only available on TradingView. These picks are not recommendations to buy or sell anything or use a specific indicator. We aim to highlight the most interesting publications to encourage learning and sharing in our community. Any open-source script publication in the Community Scripts can be picked if it is original, provides good potential value to traders, includes a helpful description, and complies with the House Rules. — The PineCoders team

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Best Practice: Prepare, Assess, Plan Then Trade Traders are often eager to jump straight into the next trading session but this may not always be the best option to chose. It can be more beneficial to follow a regular pre-trading routine to note down important scheduled events, establish current trends, as well as meaningful support and resistance price levels, and importantly this doesn’t have to be time consuming. This is not meant to be that trading ‘holy grail’ but more of an addition to your existing trading process or plan. Having a regular routine to establish important levels, indicator set-ups and price trends to be aware of during your trading day may help you make trading decisions in a more effective way. This pre trading routine can also be helpful for traders that take longer term positions, as it’s still important to consider the longer-term weekly perspectives as well. This routine can be carried out at the weekend and then monitored and, where necessary, modified during the week as price action develops for the particular CFD(s) you are trading. 1. Keep Informed of Important Data Releases If there are several CFD’s you regularly trade and tend to stick with, make sure you have as much information about those assets as possible before you start trading. Consider utilising the Pepperstone trading calendar to help keep you informed of any economic releases/company earnings data that might impact the CFD you are trading before the week/session starts. Once you know the scheduled events ahead, you can ask yourself, Could these impact my trading? Could the market reaction to this new information increase the volatility of the CFD I am about to trade or already have a position in? How may this impact my risk? Knowing what it is expected by the market before a particular important economic data release, such as US Non-farm Payrolls, can help you assess positioning going into the release, gauge market reaction to the data, and then be prepared for any potential price sentiment change and/or increased volatility. 2. Be Aware of Potential Support and Resistance Levels Ahead of your trading day, consider running through the Pepperstone charts of the CFD’s you are considering trading and make a note of 3 support and resistance levels, that you identify as being meaningful. To help you we have set out an example Trading Template below. Daily: Level: Reason: Current Trend: Current Thoughts: Support 1st: 2nd: 3rd Resistance 1st 2nd 3rd Keep this next to your trading screen, so you are aware of particular levels that may act as support and resistance, if prices move in that direction. This can help you to improve trade entry or assist you with the placement of a stop loss or take profit order. If these levels are broken at any time, you can update the template with any new support/resistance levels during the trading period. 3. Be Aware of the Daily Trends – Focus on Bollinger Bands Using the direction of the daily Bollinger mid-average can be helpful to gauge the direction of the daily trend. If the, Mid-average is moving up = price uptrend Mid-average is moving down = price downtrend Mid-average is flat = possible price sideways range The daily and weekly perspectives are the most important to be aware of, so it can be beneficial to analyse the charts from the longest timeframe into the shortest as this allows you to build a better understanding of the dominant trends. You can also note these trends on the Trading Template, so it’s available to you when you are trading. 4. Follow the Same Process for All Other Timeframes - 4 Hour, 1 Hour, Even Shorter if it Suits Your Trading. You can carry out the routine outlined in point 3, for any timeframes you are trading. Things to note, Are there any new trends suggested within a shorter term perspective by the Bollinger mid-average? If the direction of a shorter term mid-average has changed, it may be an indication of either a change or resumption of a longer term price trend. If this trend change also looks to be resuming within the longer term perspectives, this could be a more important signal, as the resumption of an existing longer term trend may mean a more extended move in that direction. Be aware, confirmation of a price trend change within a longer term perspective might mean it could take longer and offer less trading opportunities, as initially price moves may be less aggressive in nature. 5. Where, Within the Various Timeframes is Price in Relation to the Bollinger Bands? As we have highlighted in a previous commentary (please take a look our past posts), Bollinger Bands can highlight increasing price volatility within a trend. Things to note regarding Bollinger Bands, Are the upper or lower bands being touched by prices within any of the timeframes? Within a sideways range (flat mid-average) this might suggest price has reached either a support or resistance level, with potential for a reversal. While being touched, are the upper and lower bands starting to widen which indicates increasing price volatility, or contract, which indicates decreasing price volatility? Remember - widening bands within a confirmed trend highlight increasing volatility, suggesting the current price move might continue for longer than you may anticipate, while contracting bands, point to decreasing volatility, which may lead to a reduction in a particular CFDs price movement. Do the timeframes align? If they do it may suggest a stronger trading opportunity is evident. CFDs within trending markets seeing increasing volatility tend to offer greater potential than those that aren’t. In this scenario it maybe worthwhile considering only trading with the trend, not trying to pick bottoms or tops of markets, or if you do, consider a more cautious approach to your trading by reducing the size of your position and risk. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.

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Understanding How Dark Pool Buy Side Institutions Accumulate The SPY is the most widely traded ETF in the world. Its price or value movement reflects the S&P 500 index value. It doesn't reflect the buying or selling of the SPY. You must use volume indicators and accumulation/distribution indicators that indicate whether the Buy Side Institutions are in accumulation mode, rotation to lower inventory to buy a different ETF or other instrument, OR distribution due to mutual fund and pension fund redemption demands. ETFs are one of the fastest growing industries in the US and around the world. There are more than 4000 Exchange Traded Derivatives. There are ETDs for just about anything you might wish to invest in long term or trade short term. If you trade the SPY, it is important to study the S&P 500 index, its top 10 components, how their values are changing, and resistance and support levels. SPY will mirror the S&P 500 closely but not precisely. ETFs are built with a variety of types of investments and always have a TRUST FUND, in which the components of that ETF inventory are held. The ETF Inventory is updated and adjusted monthly or sooner as needed to maintain the integrity of the ETF price value to the value of the S&P 500 index. Rules and regulations require that the ETF SPY be closely aligned to the S&P 500. So inventory adjustments are going on regularly. When trading the SPY, you must remember that it is not buyers and sellers of the ETF that change its price. Rather, it is the S&P 500 top components' price fluctuations that change the SPY price value. This is a tough concept to accept and understand. When you do understand it and apply that knowledge to your trading of the SPY, you will be far more profitable. This takes time. You also need to develop Spatial Pattern Recognition Skills so that when a pattern appears, you can recognize it instantly and act accordingly in your trading. Today we cover the resistance levels above the current price value. That resistance is likely to slow down the rapid gains in price value over the past few weeks. The ideal would be a sideways trend to allow corporations time to adjust to the new normal of whatever tarrifs are impacting their imports and exports. Then, the S&P500 move out of that sideways trend would result in a stronger Moderately Uptrending Market Condition. Trade Wisely, Martha Stokes CMT

Education

08:31

by MarthaStokesCMT-TechniTrader

Technical Analysis with Elliott Waves: A Combined Approach Hello friends, Welcome to RK Charts! This Educational Post is based on technical analysis, specifically how to initiate analysis on a chart, and what points to consider. This is purely for Educational purposes. This is not a trading or investing tip or advisory. Rather, it's a comprehensive guide on how to easily analyze a chart, intended for educational purposes. I hope that by reading and understanding this post, you'll gain valuable knowledge and insights. Your focused effort to understand this will surely provide you with something valuable and easy to grasp. Let's dive in, During technical analysis, what we had observed certain points in this chart, I'm highlighting them here: 1. Resistance line breakout, where the price has closed above it. 2. The volume within that breakout. 3. The price closing above Weekly Exponential Moving Averages. 4. Elliott Wave Counts. 5. Projected Target along with Invalidation level as per Elliott Wave theory. 6. Projected Duration for Projected Targets. Breakout of Resistance zone with Good Volume intensity: So, friends, here we can clearly see on the chart that this is a weekly time frame chart of Shipping Corporation of India Limited. Over the last eleven months, from July 2024, the price has been falling, remaining largely bearish, but has now broken out of Curved Resistance Trendline for the first time with a bullish candle on Weekly (Closing basis), accompanied by good volume intensity. Alongside this, the price has sustained and closed above Major EMAs: - 50-Weekly Exponential moving average (red line plotted on the chart) - 100-Weekly Exponential moving average (blue line plotted on the chart) - 200-Weekly Exponential moving average (black line plotted on the chart) on the weekly time frame. Elliott Wave Theory: Considering the Elliott Wave structure, if we look at it theoretically, the top it made on July 2024, was the completion of Wave III. After that, it completed Wave IV in 7 swings (WXY) and is now possibly moving higher, making higher lows. It has closed above the moving averages, broken out of the Curved Trendline, and has strong volume. So, possibly, we are unfolding an impulse Wave V. In Elliott Wave Theory, the invalidation level means that the price should not go below that level, which in this case is the low of Wave IV at ₹130. If the price goes below that level for any reason, even by a single point, our wave counts will be invalidated, and we'll have to re-analyze the chart. That's why we call it the invalidation level. Analysts and traders also refer to it as a stop-loss level. So, in Elliott Wave Theory, our wave counts remain valid as long as the price stays above the invalidation level and doesn't trigger it. Now, regarding the target, if we take the measurement of Wave IV and calculate its 1.236 level, the target for Wave V should be above the high of Wave III. According to Elliott Wave Theory, the projected target for Wave V is near ₹440, which is the 1.236 Fibonacci level. Projected Duration for Projected Targets: In the chart analysis we conducted, where we prospectively projected a target, if everything goes right and the invalidation level is not triggered, what could be the duration of this target? It will definitely take more than a medium-term duration, maybe even a long-term duration. This is because each candle represents a week, and we're currently looking at the weekly time frame. Since the fourth wave has just ended and the fifth wave is upcoming, it will take a long-term duration I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.

Education

Top 10 Rookie Trading Mistakes (And How to Laugh at Your Own)So you’ve just discovered trading. Maybe it started with a Reddit thread. Maybe someone said “trading Nvidia NASDAQ:NVDA is like printing money.” Or maybe you just liked the name “Shiba Inu” and figured memecoins was a good investment thesis. Either way, welcome. This is where dreams are made, lost, rebought on leverage, and then tweeted about. The markets are ruthless, but also educational — if you’re humble enough to learn and bold enough to laugh when you inevitably light your first $100 on fire by accidentally shorting Apple NASDAQ:AAPL during a breakout. This article is for you. The new trader. The (overconfident?) beginner. Let’s talk about the top 10 rookie trading mistakes — and how to laugh at your own before the market does it for you. 1️⃣ Mistaking Luck for Skill (aka “Call Me Baby Buffett”) Your first trade is a win. Your second is too. Maybe it’s a meme stock . Maybe it’s a hot IPO. Either way, you’re convinced you’ve cracked the matrix. You tell your friends: “I just have a feel for this stuff.” What actually happened: You got lucky in a trending market. And now you're about to go full Titanic on a position you didn’t research, because hey — you're "on a roll." What you can do insead, and probably have a laugh about it years later, is screenshot your account right now in your very early steps. Frame it. Label it: Exhibit A in Emotional Risk Management. 2️⃣ The Revenge Trade: “I’ll Win It Back” You took a loss. A big one. Your first real slap from the market. So what do you do? Walk away? Reflect? Journal it? Nah. You go in twice as hard on the next setup. Same ticker. Same direction. More size. Spoiler alert: It doesn’t end well. That type of spiraling behavior usually happens when you think the market owes you something. It doesn’t. Not even an apology. Imagine explaining your decision to a judge. “Your Honor, I lost money shorting Tesla, so naturally I doubled down five minutes later.” Case dismissed — and that’s why revenge trading is so dangerous . 3️⃣ FOMO FOMO FOMO A green candle pops up on your watchlist. It’s moving. Fast. You missed the breakout but you still click “buy” because you’re not missing this train. You get in. It tops. You hold. It drops. You panic. It rebounds… just after you sell. Classic rookie cycle. Why does this happen? The fear of missing out turns off your brain faster than a margin call. Call it what it is — chasing. Say it out loud like it’s therapy: “Hi, this is Patrick and I like to buy things 10% too late.” Maybe it helps. 4️⃣ “I’m Married to This Trade” It started with a spark. The chart looked good. The RSI whispered sweet nothings. You thought, “This could be the one.” So you bought. Then bought again. And when it dipped harder than your last relationship, you said, “It’s okay, we’re just going through a rough patch.” Before you knew it, you weren’t trading — you were in a toxic relationship with a ticker. You’ve abandoned your edge for emotion. Confirmation bias kicks in, and instead of managing risk, you’re managing denial. You stop analyzing the chart and start defending it like it’s your firstborn. If you’re talking about a stock (or anything else on a chart) the way your friend talks about their ex — “It just needs time, I know it’ll come back” — you’re not trading. You’re coping. 5️⃣ All In, All the Time Risk management? Never heard of that. You found a setup that “can’t fail,” so you went 100% in. On margin. On a Friday. What could go wrong? Answer: Everything. Especially when your trade gaps against you on Monday morning after Trump has said tariffs are changing once again. That’s when you know you’re mistaking conviction for strategy. They’re not the same. 6️⃣ Ignoring the Bigger Picture You nailed the 15-minute chart. Gorgeous breakout. But somehow, you forgot to check the daily — where your “breakout” is just a lower high in a brutal downtrend. Oops. Think about whether you've got tunnel vision. You went along with your short-term bias instead of checking the bigger picture when things are different. What you can do instead, is make a rule: before every trade, zoom out. Literally. Leave no timeframe unexamined (at least up to the daily frame). 7️⃣ Trading Every Day Like It’s the Super Bowl New traders think they have to trade every day. Every single session. Every little move. And when there’s no good setup? They make one up, trying to whip up trendlines to justify their trading. What happens next: Boredom trades. Overtrading. Why it happens: You're addicted to the action, not the outcome. What can you do instead? Write down the number of trades you made last week. Multiply it by the average commission you paid. Now imagine what you could’ve bought instead. And, what could be even better, consider taking a lesson in patience . 8️⃣ Blind Faith in Indicators The RSI is at 18. The MACD just crossed. Stochastic says “maybe.” So you buy. No price action. No trend. Just… vibes and indicators. Result: You become a victim of the “indicator trap” — relying so heavily on these lines you forget to read the actual chart — momentum, market sentiment, broader technicals, and fundamentals. What’s a better approach is to treat your indicators like seasoning, not the main dish. The best trades come from confluence, not wishful thinking dressed up as technical analysis. 9️⃣ The Trading Journal You Never Wrote If you can’t remember why you entered a trade, you’re not at your best. Here’s a pro tip: Keep a trading journal . One that records your thesis, entry, stop, target, and outcome. You know — the boring stuff that makes you better. Why is that important? Journaling builds discipline. Patterns. Self-awareness. It’s never too late to start your journal! 🔟 Expecting to Get Rich Quick This is the big one. The rookie mindset that kills most portfolios: I’m gonna turn $500 into $5,000 in a month. You won’t. Sorry. And even if you do, you won’t keep it. Trading rewards patience, process, and preservation. Not YOLO bets and delusions of grandeur. Try looking at your P&L like a diet. If you expect six-pack abs in a week, you’ll burn out and crash your progress. If you focus on habits? You’ll outlive the hype. 📚 Conclusion: Every Trader Starts Stupid Let’s be clear — all of us have made these mistakes, even the big shots out there that run billion-dollar funds. The only difference between a rookie and a pro is how fast you learn from them. Or better yet — how fast you can laugh at them, document them, and evolve. Because the truth is, the market is the most expensive comedy club on Earth. And every trade is a new punchline. So if you're new, mess up. Take notes. Stay humble. And above all — enjoy the chaos. One day you’ll look back at your Doge CRYPTOCAP:DOGE top-buy with fondness. After all, it’s only a mistake if you didn’t learn. Otherwise, it’s just tuition paid for by your trading account. What’s a mistake we didn’t mention? Share your tips, tricks, mistakes, and lessons in the comment section!

Education

How to Draw Trendline in Changing Market Hey Traders so here I wanted to illustrate how you catch the change from Uptrend to Downtrend on the charts. You never know for sure if the trend has completely changed but basically look for 3 bars that you draw a straight line and connect them together. You don't need indicators you just need to be able to draw a straight line. Buy or Sell when market touches trendline. Technical Analysis is a little bit like Art but alot of time it can work really well if you draw correctly! So in uptrend you would be buyer at the trendline. In downtrend you would be seller at the trendline. Always use Risk Management! (just in case your wrong in your analysis) Hope This Helps Your Trading Clifford

Education

by TradetheFuturesCharts

The Invisible Hand in Crypto: Are We Just Puppets?You think you’re trading based on your analysis? Maybe you’re just thinking that. The crypto market might be far more controlled than you realize — here’s how, when, and why . Hello✌ Spend 3 minutes ⏰ reading this educational material. 🎯 Analytical Insight on Ethereum: Following its impressive recent rally, ETH continues to show strength, supported by high volume and a clear bullish market structure. A key daily support—confluent with the Fibonacci zone and an ascending trendline—remains intact. My main target stands at the psychological $3,000 level, implying ~16% upside potential if momentum sustains. 🔍 Now , let's dive into the educational section, 📊 TradingView Tools: Decoding the Minds of the Whales In a market where price moves often feel pre-scripted, precision tools aren’t a luxury — they’re survival gear. TradingView offers indicators like Accumulation/Distribution, On-Balance Volume, Smart Money Concepts, and Liquidity Heatmaps that help you spot where big money is entering or exiting . These tools, especially on higher timeframes, can reveal underlying accumulation or distribution before major moves happen. For instance, if OBV rises while price remains flat, whales might be silently building positions. Also, indicators like Whale Alerts, based on on-chain analysis, can show large transactions often tied to upcoming volatility. Combine this with tools like Volume Profile or classic trendlines, and you’re no longer chasing price — you’re anticipating it. 🎯 Collective Behavior or Whale-Orchestrated Moves? Markets — especially crypto — haven’t moved on simple supply and demand for a long time. Many of the price spikes or dumps you see aren’t organic; they’re orchestrated. Big players with massive volumes steer liquidity to where they want it. 🧠 Retail Psychology: A Weapon in Bigger Hands Why do you always enter after a pump? Why does the market bounce right after you panic sell? These are not coincidences. Fear and greed are weapons. Smart money knows exactly how to trigger emotional trades from retailers, turning those reactions into their profits. 🔄 The Recycled Trap Scenarios Here’s a classic: sudden green candle to trigger FOMO, followed by a slight dip, more retail buys in, then a sharp dump — liquidity collected. If this sounds familiar, it’s because it keeps happening. Those who spot it early survive. 📉 It’s About Liquidity, Not Your Support Line Whales don’t care about your trendlines. They care about liquidity. If you know where most long or short positions are placed, you can often predict the next market move. TradingView indicators help identify liquidation zones — follow them. 🕹 You’re Just a Pawn — Unless You Learn the Map If you’re just reacting candle by candle, you’re losing. But when you start thinking like whales, understanding their setups, you flip from pawn to player. Sentiment tools, volume flow, and behavioral indicators are your way out of the trap. 📌 Final Words If you thought your analysis was behind your trades — think again. Smart money plays by a plan, and TradingView’s tools help you see the blueprint. Don’t be manipulated — learn to move like the movers. always conduct your own research before making investment decisions. That being said, please take note of the disclaimer section at the bottom of each post for further details 📜✅. Give me some energy !! ✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box. Cheers, Mad Whale. 🐋

Education

Predict 3 Pairs!!!Using the Dollar Index, you can predict at least 3 different asset's direction of their price. EURUSD, AUDUSD, GBPUSD are pairs that oppose the direction of the DXY!

Education

19:59

by darrenblignaut78

How to Manage Slippage on TradingView This tutorial explains what slippage is and how it relates to market and limit orders as well as times when you might expect higher than normal slippage. Disclaimer: There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Please trade only with risk capital. We are not responsible for any third-party links, comments, or content shared on TradingView. Any opinions, links, or messages posted by users on TradingView do not represent our views or recommendations. Please exercise your own judgment and due diligence when engaging with any external content or user commentary. Stop-loss orders are submitted as market orders and may be executed at prices significantly different from the intended stop level, particularly during periods of high volatility or limited liquidity. Stop-limit orders carry the risk of not being executed at all if the market does not reach the limit price. It is important to understand that neither type of order guarantees execution at a specific price. Market conditions can change rapidly due to scheduled or unexpected news events, and even quiet markets may experience sudden disruptions. These factors can affect trade execution in ways that may not be predictable or controllable.

Education

06:08

by OptimusFutures

the markets are a very emotional cry baby If you've ever asked, “Why is the market going up on bad news?” or “Why did it dump after great earnings?”, you're not alone. Markets may seem logical—economic data in, price action out—but in reality, they’re driven by human emotion, crowd psychology, and reflexive feedback loops. The charts don’t lie, but the reasons behind the moves? Often irrational. Let’s break down why markets are emotional—and how traders can use that to their advantage. 🧠 1. Markets Are Made of People (and People Aren’t Rational) Even in the age of algorithms, human behaviour sets the tone. Fear, greed, FOMO, panic—all of it shows up on charts. Fear leads to irrational selling Greed fuels bubbles and euphoria Uncertainty causes volatility spikes—even with no new information 📉 Example: The 2020 COVID crash saw massive capitulation. Then came one of the fastest bull markets ever—driven by stimulus and FOMO. another example 📊 S&P 500 in 2020 with VIX, the S&P 500 crashed and the VIX went up, When the VIX (CBOE Volatility Index) goes up, it means that traders/investors expect a greater likelihood of price fluctuations in the S&P 500 over the next 30 days. This generally indicates increased fear as shown on the chart below 📈 2. Price Doesn’t Reflect Facts—It Reflects Belief The market is not a thermometer. It’s a barometer of expectations. When traders believe something will happen—whether true or not—price adjusts. If the Fed is expected to cut rates, assets may rally before it actually happens. 💡 Nerd Tip: Reality matters less than consensus expectations. Chart Idea to visit: 💬 USD Index vs. Fed rate expectations (2Y yield or futures pricing) 🪞 3. Reflexivity: Belief Becomes Reality Coined by George Soros, reflexivity explains how beliefs can influence the system itself. Traders bid up assets, creating bullish momentum That momentum attracts more buyers, reinforcing the trend Eventually, fundamentals “catch up” (or the bubble bursts) 📌 Insight: The market creates its own logic—until it doesn’t. 😬 4. Emotional Extremes Create Opportunity When markets overreact, they offer setups for rational traders. Capitulation = Bottom Fishing Euphoria = Caution Disbelief = Strongest rallies 🧠 Pro Tip: Watch sentiment indicators, not just price. Fear & Greed Index, put/call ratios, or COT data reveal what the crowd is feeling. Chart Example: 📊 Bitcoin 2022 bottom vs. Fear & Greed Index.. on the chart above the index score close to zero (RED) indicating extreme fear this was because in november 2022 crypto cybercrimes grew new level and investors lost confidence, these cyber crimes included the bankruptcy of FTX as the owners were allegedly misusing customer funds. 💡 5. How to Trade Rationally in an Irrational Market a. Have a plan. Pre-define entries, exits, and invalidation levels. b. Expect overreaction. Markets often go further than they “should.” c. Use sentiment tools. Divergences between price and emotion are gold. d. Don’t fight the crowd—until it peaks. Fade extremes, not momentum. e. Zoom out. 5-minute panic means nothing on a weekly trendline. 🎯Nerd Takeaway: Markets aren’t efficient—they’re emotional. But that emotion creates mispricing, and mispricing = opportunity. You don’t need to predict emotion—you just need to recognize it, and trade on the reversion to reason. 💬 Have you ever traded against the crowd and nailed it? Or got caught up in the hype? Drop your chart and your story—let’s learn from each other. put together by : @currencynerd as Pako Phutietsile

Education

by currencynerd

KISS Trading System Overview : Trading process should be as simple as possible. One of the simple method to trade is primarily identify direction, find a good location to entry, wait for confirmation in the location, and finally execute the trade when the risk reward ratio is good. 1. Direction To identify direction, follow the market structure. Higher high and higher low indicates price is in a bullish trend (uptrend), while lower high and lower low indicates the price is in a bearish trend (downtrend). If there is no clear structure higher high and higher low or lower and high lower low, price is in sideways mode. Best is to avoid trade under this condition until clear trend is formed. 2. Location Every time price create a new breakout structure, mark the the structure as our potential location for entry. There are some occasion where price does not pullback to the location and continuing the trend by creating a new breakout structure. Do not FOMO, just wait for the next location and confirmation within the location to entry and minimize your risk. 3. Confirmation Patience is the key. Wait for price to pullback at higher time frame location, and focus for confirmation in lower time frame to entry and reduce risk. Time is fractal, the structure pattern is same on all timeframes. Choosing the right timeframe pair is crucial. Refer to table in the notes below for timeframe pairing. 4. Risk Reward This is the main essence in trading, controlling risk and preserving capital. Entry without doubt when the risk reward are good. Execute, and trust your setup.

Education

AMP Futures - How to set a date range for charts.In this idea we will demonstrate how to set a date range for your Tradingview Charts.

Education

02:57

Why Gold Is Pulling Back Now – May 2025 Update ⚡️After surging above $3,500/oz in late April, gold has since declined over 8%, recently breaking below key levels and now trading near $3,210. The retracement reflects fading panic buying and growing attention to fundamental drivers: U.S. monetary policy, the strong dollar, easing geopolitical risks, and completed trade agreements. Here’s a breakdown of the leading catalysts and their current impact (ranked 0–10). 1. Fed “Higher for Longer” Bias Strength: 9/10 The Fed kept interest rates at 4.25–4.50% at its June policy meeting and reiterated its cautious stance. The absence of cuts combined with persistent inflation pressure is lifting real yields and undercutting gold’s appeal as a non-yielding asset. 2. U.S. Dollar Resurgence Strength: 8/10The U.S. Dollar Index (DXY) has climbed above 101 as investors digest the Fed’s hawkish tone. A stronger dollar reduces global gold demand, especially from non-USD buyers. 3. U.S.–China Trade Agreement Reached in Switzerland Strength: 7.5/10 A formal trade deal was announced in Geneva in May, easing longstanding tariff tensions. While specific tariff rollback details are pending, markets welcomed the de-escalation, pushing investors away from gold and into risk assets. 4. U.S.–U.K. Trade Deal Signed Strength: 7/10 The U.S. and U.K. finalized a bilateral trade agreement in early May, boosting global sentiment and further reducing the geopolitical premium priced into gold. 5. India–Pakistan Border De-escalation Strength: 6.5/10 After brief clashes in Kashmir in mid-May, both sides have since released statements of restraint. The calm has helped cap gold’s safe-haven bids. 6. Iran–U.S. Nuclear Talks Update Strength: 6/10 Talks resumed in Vienna in May with cautious optimism. While no concrete deal has been signed, progress and diplomatic language from both sides have eased fears of escalation. 7. Russia–Ukraine Ceasefire Developments Strength: 5.5/10 Localized ceasefires in eastern Ukraine, brokered by Turkey and the UN, have lowered near-term geopolitical risk. However, skepticism remains around long-term stability. 8. ETF Inflows & Institutional Demand Strength: 5/10 ETF inflows slowed in May (up just 48.2 tonnes), reflecting waning retail momentum. Still, central bank buying—especially from China—offers a medium-term cushion. Catalyst Strength Rankings (May 2025) 🔸Fed “higher for longer” bias 9 🔸U.S. dollar rebound 8 🔸U.S.–China trade agreement 5.5 🔸U.S.–U.K. trade deal signed 5 🔸India–Pakistan border easing 6.5 🔸Iran–U.S. nuclear diplomacy 6 🔸Russia–Ukraine ceasefire 5.5 🔸Global gold ETF & central-bank inflows 5 Where Next for Gold? ⚡️Current price: ~$3,210/oz 📉Recent support levels broken: $3,300 and $3,250 🎯Next technical floor: $3,150/oz ✨Upside triggers: Renewed dollar weakness, inflation surprise, or geopolitical flare-up Gold’s recent drop reflects the market's rotation out of fear-driven trades into yield-bearing and risk assets. While the Fed and the dollar remain dominant forces, any shock—whether geopolitical or inflationary—could quickly reignite interest in gold as a hedge.

Education

by ProjectSyndicate

Mastering Fair Value Gaps (FVG) - How to use them in trading?In this guide, I’ll explain the concept of the Fair Value Gap (FVG), how it forms, and how you can use it to identify high-probability trading opportunities. You'll learn how to spot FVGs on a chart, understand their significance in price action, and apply a simple strategy to trade them effectively. What will be explained: - What is a FVG? - How can a FVG occur? - What is a bullish FVG? - What is a bearish FVG? - How to trade a FVG? ------------------------------- What is a FVG? A FVG is a technical concept used by traders to identify inefficiencies in price movement on a chart. The idea behind a fair value gap is that during periods of strong momentum, price can move so quickly that it leaves behind a "gap" where not all buy and sell orders were able to be executed efficiently. This gap creates an imbalance in the market, which price may later revisit in an attempt to rebalance supply and demand. A fair value gap is typically observed within a sequence of three candles (or bars). The first candle marks the beginning of a strong move. The second candle shows a significant directional push, either bullish or bearish, often with a long body indicating strong momentum. The third candle continues in the direction of the move, opening and closing beyond the range of the first candle. The fair value gap itself is defined by the price range between the high of the first candle and the low of the third candle (in the case of a bullish move), or between the low of the first candle and the high of the third (in a bearish move). This range represents the area of imbalance or inefficiency. ------------------------------- How can a FVG occur? There are several factors that can trigger a fair value gap - Economic news and announcements - Earnings reports - Market sentiment - Supply and demand imbalances ------------------------------- What is a bullish FVG? A bullish FVG is a specific type of price imbalance that occurs during a strong upward move in the market. It represents a zone where the price moved so aggressively to the upside that it didn’t spend time trading through a particular range, essentially skipping over it. This gap usually forms over the course of three candles. First, a bullish candle marks the beginning of upward momentum. The second candle is also bullish and typically has a large body, indicating strong buying pressure. The third candle opens higher and continues moving upward, confirming the strength of the move. The bullish fair value gap is the price range between the high of the first candle and the low of the third candle. This area is considered an imbalance zone because the market moved too quickly for all buyers and sellers to interact at those prices. ------------------------------- What is a bearish FVG? A bearish FVG is a price imbalance that forms during a strong downward move in the market. It occurs when price drops so rapidly that it leaves behind a section on the chart where little to no trading activity happened. This gap is identified using a three-candle formation. The first candle typically closes bearish or neutral, marking the start of the move. The second candle is strongly bearish, with a long body indicating aggressive selling pressure. The third candle opens lower and continues the move down. The bearish fair value gap is the price range between the low of the first candle and the high of the third candle. That range is considered the imbalance zone, where price skipped over potential trade interactions. ------------------------------- How to trade a FVG? To trade a FVG effectively, wait for price to retrace back into the gap after it has formed. The ideal entry point is around the 50% fill of the FVG, as this often represents a balanced level where price is likely to react. During the retracement, it’s helpful to see if the FVG zone aligns with other key technical areas such as support or resistance levels, Fibonacci retracement levels, or dynamic indicators like moving averages. These additional confluences can strengthen the validity of the zone and increase the probability of a successful trade. Enter the trade at the 50% level of the FVG, and place your stop loss just below the most recent swing low (for a bullish setup) or swing high (for a bearish one). From there, manage the trade according to your risk-to-reward preferences—whether that’s 1:1, 1:2, or a higher ratio depending on your strategy and market conditions. ------------------------------- Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!

Education

Impatience Tax in Trading: The Costs of Clicking Too Soon Have you ever thought that maybe some of your losses don’t come from bad trades? Rather, they come from good trades, timed badly? You see the setup, the signal’s almost there, the MACD is leaning in, the candle is flirting with support — and boom, you click. Early. Too early. Price dips a bit more and then shoots upward like a rocket. Your stop gets triggered — you just paid the impatience tax. Welcome to the place where you get taxed for being impatient — a very real, very expensive fee traders pay when their fingers move faster than their reasoning. 🤫 The Impatience Tax — A Silent Killer Dressed as Urgency The impatience tax doesn’t appear on your statement. You won’t see it listed in your commissions, or under slippage, or labeled in red ink like a realized loss. But rest assured, it’s there — nibbling away at your P&L every time you front-run your own strategy. And the worst part? It feels productive. You’re taking initiative, showing conviction, being bold. Except what you're really doing is lighting good setups on fire because you couldn’t wait for one more candle to close. 🧬 The Anatomy of an Early Click Here’s how it usually goes: You spot a setup. You get excited. You skip the checklist. You enter on the 3rd candle instead of the 5th. The market fakes out. You get stopped out. The market then does exactly what you expected — without you. Every trader has lived this story. And it hurts more than a loss from a bad trade. Because this wasn’t a bad idea. It was a good idea butchered by bad timing. 🤝 Impatience Loves Company (And Volatility) Impatience tends to thrive in fast markets. When the price is moving, you feel like you need to act. You notice some breaking news that moves markets, charts start to jiggle and tickers flash — suddenly your FOMO glands kick in. You’re not waiting for confirmation. You’re reacting — to price, to emotion, to fear of missing out. It’s not just beginners either. Even seasoned traders occasionally get sucked in. Why? Because the brain is wired to avoid missing opportunities more than it’s wired to avoid losses. We want in. Now. Before it's “too late.” But here’s a pro secret: the markets tend to always give second chances. You just have to be around to take them. ⏰ Why the Best Traders Wait Let’s talk about patience. Not the zen-monk, meditate-in-a-cave-for-years kind. The market kind. The kind that says: “Nope, not yet.” The kind that closes the platform until the London session starts. The kind that lets a trade go because it didn’t meet all the criteria — even if it was close. Top traders aren’t paid for activity. They’re paid for precision. The entry is 90% of the battle. If you win there, the rest is just management. 🧐 How to Identify an Impatience Habit Want to know if you’re paying the impatience tax regularly? Try this: Look at your last 10 triggered stop loss orders: How many were within a few ticks of reversal? Count your trades per day: Are you averaging more than your strategy demands? Review your entry notes: Did you say things like “close enough” or “looks good”? If the answer is yes, you’re a tax-paying member of the Impatience Society. 👷‍♂️ Build a Buffer: Taming the Trigger Finger So how do you stop paying the Impatience Tax? Start with structure: Use time-based confirmations. Wait for the candle to close. A candle halfway formed is a lie detector test mid-question. Have a rule-based checklist. If a trade doesn’t meet every item, you don’t take it. No exceptions. Use alerts , not entries. Let the price come to you. Your job is to hunt, not chase. Trade fewer setups, better. Less is more when each trade has meaning and clarity. And when in doubt? Wait. The worst that happens is you miss one trade. The best that happens is you finally stop losing money edge by edge. 💵 Impatience Is Expensive. Patience Is Profitable. The market is designed to reward discipline, not urgency. Speed might help you scalp news reactions, but even that requires planned execution. Unchecked impatience is just impulse with a brokerage account. It's important to always remember that you’re not trying to win this trade. You’re trying to win this game for the long run. And winning the game means surviving long enough to let your edge play out — with patience, not panic. 💎 Final Thoughts: Don’t Confuse Action with Progress The financial markets are a cruel place for dopamine seekers. They offer constant motion, flashing lights, and infinite temptation to click before thinking. But progress isn’t about how many trades you take — it’s about how many good ones you wait for. So next time your mouse finger twitches, ask yourself: Is this the plan? Or is this impatience disguised as opportunity seeking instant gratification? Because every early click is a donation to someone else’s P&L. 👉 Your turn : What’s your best (or worst) story of jumping the gun? How have you built patience into your process — or are you still wrestling with the trigger? Let us know in the comments!

Education

RSI 101: The Secret of RSI’s WMA45 Line and How to Use It In my trading method, I use the WMA45 line together with RSI to help spot the trend more clearly. Today, I’ll share with you how it works and how to apply it — whether you're doing scalping or swing trading. Why WMA45? WMA (Weighted Moving Average) is a type of moving average where recent prices are given more importance. WMA45 simply means it takes the average of the last 45 candles (could be 45 minutes, 45 hours, or 45 days depending on your chart). Because it moves slower than RSI, it helps reduce the “noise” and gives you a better idea of the real trend. This idea is not new — many traders have tested RSI strategies also use this line. I just applied and adjusted it in my own way. 👉 How to set it up on TradingView (very simple): What WMA45 Tells You Trending This line shows you the overall direction of the market: 📉 If WMA45 is going down, the price is likely going down. 📈 If WMA45 is going up, the price is likely going up. Also, the steeper the line, the stronger the trend is: Looking at the example above, the WMA45 line starts from the same level in two different phases, but the slope is different. The steeper line shows a larger price range. This happens because the price was more volatile, which caused the RSI to move more sharply, and that, in turn, made the WMA45 slope steeper. In multi-timeframe analysis, when the trend on the higher timeframe is strong (shown by a steep WMA45 line), the RSI on the lower timeframe will usually move within a tighter range and react more accurately to key levels. If you’re not sure what these key RSI levels are, check out my previous post here: For example, in a strong downtrend on H1, RSI on M5 might not even reach 50: ✅ What does this mean for trading? Use WMA45 on higher timeframes to define trend bias. On lower timeframes, watch RSI responses at key zones for optimal entries. When holding positions, WMA45 helps determine whether to stay in the trade. Moving Sideways Here’s something important to note: when WMA45 is flat, RSI will keep crossing back and forth over it. Depending on where WMA45 is flat, RSI tends to move within that range and creates different sideways price patterns. Here are the main types: Around 50 → price moves in a box: According to RSI theory, the 50 level is the balance between buyers and sellers. RSI fluctuating around this causes price to move sideways in a rectangular box range. Above 50 → price goes up in a rising channel: Above 50 is where buyers dominate sellers. RSI operating in this zone will continually create bullish candles pushing the price upward. Below 50 → price goes down in a falling channel: Below 50 is where sellers dominate buyers. RSI in this zone will consistently form lower highs and lower lows, pushing the price downward. Trend Reversal of WMA45 WMA45 is calculated from the average of 45 candles, so it's almost impossible for it to reverse direction suddenly. When it's sloping (trending), it takes time for RSI to fluctuate enough to "flatten" it before it can reverse. As shown in the example, after WMA45 slopes up, before it turns downward, RSI must cross back and forth through it to reduce the steepness => flatten it => then reverse. Does this align with Dow Theory? It represents the phases: Trend > Sideway > Trend. Sideway is when the WMA45 line is flattened. ✅ What does this mean for trading? After a trend forms, if you want to enter a counter-trend trade, patiently wait for WMA45 to flatten to confirm the previous trend has ended. Dynamic Support and Resistance In addition to being a trend indicator for RSI, WMA45 also serves as a dynamic support/resistance level for RSI. You will often observe RSI reacting when it encounters the WMA45 line. In an uptrend, WMA45 acts as support for RSI. In a downtrend, WMA45 acts as resistance for RSI. Notably, if the reactions occur at higher RSI values, the resulting price support is stronger. Conversely, if reactions happen at lower RSI values, the price is pushed down further. In the above example, in the first reaction around RSI 60s, RSI dropped by 9.6 points and price dropped by 12 points. In the second reaction at RSI 40s, RSI dropped similarly, but the price dropped by 25 points. ✅ What does this mean for trading? You can use WMA45 as an entry zone for your trade: Wait for reactions with WMA45 on the higher timeframe, then switch to a lower timeframe to find a trade entry. Use WMA45 as a take-profit or stop-loss level: For a short trade near WMA45, you can stop out if RSI crosses above it. When monitoring these reactions, pay attention to the number of reactions—more reactions require more caution in trading. Some Trade Setups Using WMA45 and RSI 1. Intraday trading Trend: Follow the trend on the H1 chart. Entry zone: At WMA45 of H1. Entry confirmation: 2 methods: On M5: when WMA45 of RSI is already flattened, and RSI has crossed above WMA45. On M5: when a divergence appears in RSI. 2. Scalping With the RSI’s reaction to WMA45, even on smaller timeframes (M1, M5), you can scalp when RSI touches WMA45. When WMA45 has a slope and RSI returns to touch it, you can enter a trade with SL behind the candle close (10–20 pips to avoid stop hunts and spread), and TP to the nearest peak. As mentioned, the first touch gives the best reaction. My trading system is entirely based on RSI, feel free to follow me for technical analysis and discussions using RSI.

Education

by dangtunglam14

Simple Break of Structure BoS Trading Strategy Explained One of the best and reliable strategies to trade break of structure BoS is to apply multiple time frame analysis. In this article, I will teach you my break of structure gold forex trading strategy. You will get a complete step-by-step guide with examples. Let's start with a quick theory and let me explain to you what is break of structure BoS in Smart Money Concept SMC trading. In a bullish trend, break of structure BoS is an important event that signifies a continuation of an uptrend. It is based on a violation and a candle close above the level of the last higher high (HH). After a breakout, the broken level becomes the first strong support for trend-following buying. Check multiple examples of confirmed breaks of structure BoS on GBPNZD forex pair on a weekly time frame. In a downtrend, Break of Structure BoS means a bearish trend continuation . Break of Structure is considered to be confirmed when a candle closes below the level of the last lower low (LL). The broken key level becomes the closest strong support for buying. That's the example of a healthy downtrend on USDJPY forex pair on a daily. Each break of structure BoS pushed the prices lower, providing a strong signal to sell. What newbie traders do incorrectly, they trade break of structure without a confirmation strategy, and it leads to substantial losses. Though GBPCHF is trading in a bullish trend and though each BoS provided a trend-following signal. The price retraced significantly lower below the broken structure before the growth resumed. When the price retests a broken structure after BoS in a bullish trend, start lower time frame analysis. If you identified a break of structure on a daily, analyze 4h/1h time frames. If on a 4H, then 30/15 minutes. After the price sets a new higher high with BoS in uptrend, it usually starts trading in a minor bearish trend on lower time frames. With our strategy, your signal to buy will be a retest of a broken structure and a consequent bullish Change of Character CHoCH . That will provide an accurate bullish signal. In a bearish trend, analyze the lower time frames after a retest of a broken structure. Your signal to sell will be a bearish Change of Character CHoCH. Look at a price action on EURCHF on a daily. We see a strong bullish trend and a confirmed Break of Structure BoS. According to the rules of our trading strategy, we start analyzing 4h/1h time frames after a retest of a broken level of the last Higher High. Our signal to buy is an intraday bullish CHoCH. We open a long trade after that with the stop loss below the intraday lows and take profit being a current high. That's how simple this strategy is. Multiple time frame analysis provides the extra level of security. Strong lower time frame confirmation substantially increases the win ratio of a trading setup. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

Education

by VasilyTrader

How to Set Up and Use OCO Orders on TradingView This tutorial video explains what OCO (Order cancels orders) are, how they work, how to place them in Tradingview, and how they relate to bracket orders. You'll learn how to add them to new entry orders as well as existing positions. There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Please trade only with risk capital. We are not responsible for any third-party links, comments, or content shared on TradingView. Any opinions, links, or messages posted by users on TradingView do not represent our views or recommendations. Please exercise your own judgment and due diligence when engaging with any external content or user commentary.

Education

03:34

by OptimusFutures

Tim's Fundamental View Layout Here is the way that I view any stock for an initial analysis to get an idea of what the market is valuing and viewing the company. I first look at the free cash flow, so that is directly under the price chart. Free cash flow is the life-blood of the company and can be used to pay dividends and to reinvest in the company to grow the top line or to buy back stock. Next I look at the PSR or Price-To-Sales-Ratio. This ratio is paramount for me since the top line shows up first for companies and is the starting point for analysis. Companies with low or no sales growth get priced very differently from companies with high growth. Start with sales growth in your analysis. There are many great books on the topic written by Kenneth L. Fisher, the creator of the tool. Next "Avg Basic Shares Outstanding" to see if the company is constantly diluting investors and raising capital or hiding expenses by giving out stock options each year. Old companies in slow growth industries tend to buy back stock and growth companies grow shares outstanding and is a strong headwind for investors. Next is "Long Term Debt"... which is another extremely important variable to look at with any company. In the long run, debt is the cheapest capital since you can pay it off cheaply but it can also drag down a company when the future is uncertain and unpredictable. Companies with predictable sales and growth often load up on debt which enhances returns for equity owners, but increases the risk long term. Jet Blue NASDAQ:JBLU is case in point for this as in 2000 before the pandemic it had a $5 billion market cap with $1 billion in debt and now it has over $8 billion in debt and the market cap is down to $1.5 billion. It is very difficult to get out from under such a heavy debt load. Debt can be "death" for any company if overused. Next is "Revenue" graphed annually. Essential to see if inflation impacts sales growth or if it can't keep up with inflation. The last 5 years was between 20%-50% inflation depending on the industry so if a company doesn't have higher revenues by at least 20% since 2019, then this reveals a weakness in their pricing power which is a very competitive market with likely declining or low margins. Last is "Market Cap". It is always good to know the market capitalization of any stock that you own. It is the foundation for understanding if any investor would ever want to buy the whole company and what would it cost to buy it and what are the "returns" from owning the whole company. I hope you can copy this layout for your own so you too can have a one-page view of the history of a company to help you get your mind around its valuation and potential along with understanding the risks all in one, easy picture.

Education

Why Volume Bar Colors Can Mislead You █ The Truth Behind Volume Bars — What Do Green and Red Actually Mean? Most traders learn early on that green volume bars mean bullish activity, and red bars mean bearish pressure. But is it really that simple? What does volume truly reflect, and are we making assumptions that can mislead us? █ What Volume Actually Is Volume represents the number of shares/contracts traded during a specific time interval. Every transaction includes both a buyer and a seller. So, volume itself doesn’t distinguish whether a trade was bullish or bearish. Instead, platforms color volume bars based on price movement: Green: If price closed higher than it opened. Red: If price closed lower than it opened. Some platforms, like TradingView, allow you to color volume based on whether the price closed higher or lower than the previous candle’s close. So YOU, as a trader, have the chance to decide whether to assign volume bars either bullish or bearish! It’s a setting parameter anyone can change. Traders around the globe might look at the same volume bar, but some interpret it as bearish, while others interpret it as bullish. What is the most correct way? █ The Assumption Behind the Color This coloring assumes that: A rising price means buyers were more aggressive (lifting the ask). A falling price means sellers were more aggressive (hitting the bid). This is a proxy — an approximation. It simplifies market pressure into a binary outcome: if price goes up, it's bullish volume; if it goes down, it's bearish. But the market isn't always so binary. However, the assumption is only an approximation of buying vs. selling. In reality, every single trade involves both a buyer and a seller, so volume itself isn’t inherently “buy” or “sell” – what matters is who initiated the trades. As one trading expert explains, talking about “buying volume” vs “selling volume” can be misleading: for every buyer there is a seller, so volume cannot be literally split into purchases and sales. Instead, what traders really mean by “bullish volume” is that buyers were more aggressive (lifting offers) and drove the price up, whereas “bearish volume” means sellers were more aggressive (hitting bids) and drove the price down. The colored volume bar is essentially a proxy for which side won the battle during that bar. █ Why This Can Mislead You Price might close higher, not because there were more buyers than sellers (there never are — every trade has both), but because buyers were more urgent. And sometimes price moves due to other forces, like: Short covering. Stop-loss runs. Liquidity vacuums. This means a green bar might not reflect strong demand, just urgency from the other side closing their positions. ⚪ Example: Take the well-known GameStop short squeeze as an example. If you looked only at the volume bars during that rally, you’d see a wall of strong green candles and high volume, which might suggest aggressive bullish buying. However, that interpretation would be misleading. Under the surface, the surge wasn't driven by fresh bullish conviction — it was massive short covering. Traders who were short were forced to buy back shares to cover their positions, which drove prices even higher. The volume was categorized as bullish, but the true intent behind the move had nothing to do with new buying pressure. This demonstrates why relying solely on volume color or candle direction can lead to false conclusions about market sentiment. Does this simple up/down volume labeling truly reflect buying vs. selling pressure? To a degree, yes – it captures the net price outcome, which often corresponds to who was more aggressive. For example, if many buyers are willing to pay higher prices (demand), a bar will likely close up and be colored green, reflecting that buying interest. Conversely, if eager sellers are dumping shares and undercutting each other, price will drop, yielding a red bar that flags selling pressure. Traders often use rising volume on up-moves as confirmation of a bullish trend’s strength, and high volume on down-moves as a warning of distribution, which indeed aligns with traditional analysis That said, the method has important limitations and nuances, documented both anecdotally and in research: ⚪ Volume is not one-dimensional: Since every trade has both a buyer and seller, one cannot literally count “buy volume” vs “sell volume” without more information. The green/red coloring is a blunt classification based on price direction, not an actual count of buys or sells. It assumes the price change direction is an adequate proxy for the imbalance of buying vs. selling. This is often true in a broad sense, but it’s not a precise measure of order flow. ⚪ Intrabar Dynamics Are Lost: A single bar’s color only tells the end result of that interval, not the story of what happened during the bar. For instance, a 4-hour candle might be red (down) overall, but it could have contained three hours of rally (buying) followed by a steep selloff in the final hour that erased the gains. The volume bar will be colored red due to the net price drop, even though significant buying occurred earlier in the bar. In other words, a large red bar can mask that there were pockets of bullish activity within – the selling just happened to win out by the close of that period. Without looking at smaller time frames or detailed data, one can’t tell from a single color how the buying/selling tug-of-war progressed within the bar. ⚪ Gap Effects and Criteria Choices: The choice of using open vs. close or previous close can alter the interpretation of volume. As discussed, a day with a big gap can be labeled differently under the two methods. Neither is “right” or “wrong” – they just highlight different perspectives (intraday momentum vs. day-over-day change). Traders should be aware that colored volume bars are an approximation. A green volume bar under one method might turn red under the other method for the same bar. This doesn’t mean volume changed – it means the classification scheme changed. For example, a stock that closes below its open but still higher than yesterday will show a red volume bar by the intraday method but would be considered an “up-volume day” in OBV terms (previous close method). ⚪ No Indication of Magnitude or Commitment: A single color also doesn’t convey how much buying or selling pressure there was, only which side won. Two green volume bars might both be green, but one could represent a modest uptick with tepid buying, whereas another could represent an aggressive buying spree – the color alone doesn’t distinguish this (other than one bar likely being taller if volume was higher). Traders often need to consider volume relative to average (e.g. using volume moving averages or looking for volume spikes) to judge the significance of a move, not just the color. █ Summary The coloring of volume bars is a visual shortcut, not an exact science. It’s a guess based on price direction — useful, but imperfect. Understanding this helps traders avoid reading too much into what a green or red volume bar actually means. ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.

Education

A 3-Step Process For Analytical Success In this video I go through the 3-step process of implementing a Bias, Narrative, and Model. This process was a game-changer for me when it came to analysis, as well as taking actual trades. It considered high-probability targets, patience in waiting for traders to coming for me, and the calm of being prepared when it was time to take an entry. It filters out pointless trades, because if I don't have Bias, then I can't have a Narrative, and if I don't have a Narrative, then I don't have a Model. I use ICT concepts, but this process works equally well for most other methodologies that aren't completely mechanical and algorithmic. I give a real example of a trade I took yesterday on EURUSD where I utilized this 3-step process to frame a trade. I hope you find this video insightful and gives you more clarity in your trading! - R2F Trading

Education

12:40

by Road_2_Funded

MACD: More Than Just a Crossover Tool Hello, traders! 🔥 The MACD (Moving Average Convergence Divergence) indicator is one of the most trusted tools in technical analysis — but often one of the most oversimplified. While many traders focus on signal line crossovers, the real power of MACD lies in its ability to visualize market momentum, subtle shifts in trend strength, and early signs of potential reversals. Let’s unpack how MACD behaves using the weekly BTC/USDT chart ✍🏻. 🔧 Understanding the Mechanics At its core, MACD is the difference between two exponential moving averages — typically the 12-period EMA and the 26-period EMA. The result is the MACD line (blue). The orange line represents a 9-period Exponential Moving Average (EMA) of the MACD line, commonly referred to as the signal line. The histogram reflects the distance between them, helping to visualize when momentum is building or fading. 📊 MACD in Action — Weekly BTC Chart Breakdown Looking at the BTC/USDT weekly chart, several notable MACD behaviors stand out: 1. The Bullish Acceleration in Early 2023 In early 2023, MACD crossed above the signal line, accompanied by a sharp rise in the histogram. This indicated strong positive momentum, as the price began recovering from the 2022 lows. The histogram’s expansion confirmed increasing divergence between the short- and long-term EMAs — a classic sign of trend acceleration. 2. Peak Momentum in Late 2023 Around late 2023, the MACD line peaked while the histogram also reached maximum height. This wasn’t just a confirmation of strength — it also hinted that momentum may have reached a climax. Despite price continuing to rise slightly, the MACD curve started to flatten — an early warning of potential exhaustion in trend strength. 3. Bearish Convergence into Q1 2025 In early 2025, the MACD line turned downward and eventually crossed below the signal line, while the histogram flipped to red. This reflected a cooldown in bullish momentum rather than an immediate reversal. What’s notable is how price didn’t collapse sharply, but moved into a pullback phase — illustrating how MACD can show momentum softening before price visibly reacts. 📌 What This Can Tells Us The MACD indicator on this weekly BTC chart shows how momentum often shifts before the trend itself breaks. Each crossover, divergence, or histogram change is not a guarantee, but a cue to pay closer attention. Key takeaways: Strong Histogram Expansion = Confidence in the Current Move. Peaks in MACD Without Price Making New Highs = Potential Divergence. Shrinking Histogram + Converging Lines = Momentum Stalling. 🧠 Final Thought MACD isn’t just about “buy when it crosses” or “sell on red bars.” It’s a narrative tool, showing how the story of the price develops beneath the surface. On higher timeframes, such as the weekly chart, it can potentially highlight macro momentum shifts long before they become apparent in price action alone.

Education

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Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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