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June Week 2: EURGBP Long-term trend signal!Hi friends, I hope y'all had a fantastic weekend ;) Today, we have possible long-term bullish rally on this baby. I kind of doubt the trade but looking at how the correlating pairs that have GBP as a base currency behaved (by bearish dropping in the previous weeks) instilled faith in planning to take this trade with you guys. Before we do that, lets take a look at how the bulls and bears might behave in triggering and dis-confirming this trade. Bulls: -If the price bullish breaks and retests the Weekly Neckline 2/ 4th Weekly Key Lvl and 200 m.a (that's visible on my MT4 chart), that will trigger our trade signal that I call a Double Bottom A-E.2 signal, and the price will rally for the patterns L1, L2, L3 together for the short- term m.a's trend that will probably end on the last take profit point. Bears: -If the price bullish bounces off the Weekly Neckline 2/4th Weekly Key Lvl and 200 m.a with a bearish reversal candle pattern close, before or after taking the trading, that will tell us that the price isn't ready to rally to the last take profit point, and instead it will signal a drop to our stop loss key level. That's it for today. I hope you found value in this. If you have a different perspective, feel free to share it in the comments section, I'd love to know your thoughts on this pair! Stay Blessed, Doji-2k1
Long
by Doji-2k1
Why Do Pullbacks / Retracements Happen?When price moves from A to B, it rarely moves in a straight line. To get from A to B, price moves in that direction, retraces a little, then moves in that direction again. Why does that happen ? 1. Natural supply / demand dynamics The further price stretches up the less buyers join into the move. After some time whoever wants to buy already has bought. The others which have not yet will look for a retracement to buy again or to even short the move.Sellers will inevitably start testing the move. To see its strength at a point where they feel buying is at its weakest. As the sellers join the fight, buyers will see the upward momentum drop. Some will begin to sell out pushing momentum further down. The market makers who are moving the market the most will also reduce their buying pressure so they can save their capital to support the market after the retracement In order to ensure that there will be a higher swing low. 2. Manipulation by market makers. "Saving their capital" sometimes generates whole trends, rather than just a small pullback. Long uptrends for long periods of times will eventually finally hit consistent supply above which MM will not be able to push further. At this point the big players will start dumping a large amount of their supply the market goes into a steep decline covering almost the entire distance of the uptrend before the big player starts to scoop up all the inventory at a low price and repeat the upside move again. 3. Shaking out weak hands In order for a market to push higher. It needs to shake out the weak hands by engineering pullbacks. Weak hands will provide the necessary liquidity for the market maker to push the price higher. 4. Stops hunting. Market makers know perfectly well there will be traders moving up their stops up with the market. They will hunt them down. Sophisticated algos and trading programs will be used for this which further adds to the supply that causes retracements to occur. If you enjoyed this information make sure to live a like! Let me know in the comments what you think about it!
BITSTAMP:BTCUSD
by Toni_G21
Learning This Pattern Will Change Your Trading Forever.I trade from a strictly fundamental standpoint. The reason that 95% of traders are failing is because they are simply looking at a chart. The catalysts behind the movements of the chart and the why behind what's going happening on the charts is the news. Technical Analysis can only be applied properly once you have an objective, data based bias on the market. I call this pattern the market maker news pattern. Depending on whether or not it is a bullish or bearish day, this pattern can be found all over the charts on any given week. It happens on every chart. When you understand the why behind this pattern and can recognize it while it is happening, you will be able to catch massive moves in the market that happen very quickly. I hope this helps you grab a billion points and pips! Blessings to you and your trading!
FX:NAS100
by jefferytheartist
3
ALGOUSDT - INTRADAY TRADEToday we are looking at Algo because we noticed that while the majority of the Cryptocurrency market is down for the day, Algo is currently showing a >10% gain. Time Frame In this example, we are using the 4-Hour chart because we noticed a High Volume candle being triggered. Strategy Tactical Analysis - The evolution of the Traders Reality Hybrid strategy which stemmed from Steve Mauro's Market Maker Method and Trader at Home's PVSRA (Price Volume Support Resistance Analysis) systems. Trade Idea This is a very basic trade setup. Price is at the high's and is approaching the 200 EMA on the 4-Hour chart which is the equivalent of the 800 EMA on the 1-Hour. Typically price will react to the 800 EMA and tends to revert back towards the mean of the 50EMA. The daily V-Wap is currently sitting right around the 50 EMA providing more confluence for this trade idea as the price also usually will return to the Daily VWap which is where the institutional traders will find the liquidity to fill their positions. Additionally using the Trader Dynamic Index indicator in the oscillator section at the bottom of the chart we can see the price line has crossed the Market Base Line heading up however, we are seeing bearish divergence, Vwap Mac-D, and momentum all declining. Indicators Used: The Tactical Analysis 3-Indicator Suite - Tactical Analysis Part 1 - TVAR (Tactical Volume Analysis Recovery) - Tactical Analysis Part 2 - Levels - Tactical Analysis Part 3 - Oscillators
Short
by DisDev
APEUSDT - INTRADAY TRADEThe best risk to reward trade set-ups are usually found when you trade with the trend. To identify these ideal set-ups you plan your trade by starting with a high time frame and working down to an executional one. Time Frame In this example, we are looking at 4-time frames for APEUSDT. The 15-Min, 1-Hour, 4-Hour, and Daily.

 Strategy
 For this trade set-up, we are simply going to look at recovery zones and key levels to determine what we think the price is going to do over the next few hours.

We are using PVSRA candles which will be colored differently based on increased volume over the running average. The recovery zones are shaded to the right and are dynamically adjusted to show which portion of the High Volume candles have not yet been recovered, or where the price has not yet been retraced to.

 Trade Idea
 Starting with the Daily chart we can see that the trend is down and there are no recovery zones. The 4-hour chart has a high recovery point of $15.79, the 1-hour is $17.44 and the 15min is $15.99.

Price is currently at the daily and weekly low with the average daily range low very close. 



Indicators Used: DisDev - 
Level by Level DisDev - 
Market Maker - High Volume Recovery
Long
by DisDev
4
How to study indicators?Hello everyone Today I want to talk about indicators. Every trader has used indicators at least once in his trading, but not everyone knows how they work and why they should be used at all. The best way to understand something is to look for answers to questions yourself. Below I will give you some questions that you will have to answer in order to understand the operation of the indicator. Problem Most beginners start their way of studying indicators with books or articles on the Internet, where it is told: buy here when this line crosses this one, when the indicator enters this zone, and so on. With such a study, the trader does not understand how the indicator actually works, which indicators are similar to each other and why the indicator gives these signals. By answering these and other questions, the trader will be able to understand for himself whether he needs this indicator. Our task is as follows: 1) find out how the indicator is calculated; 2) understand how this indicator reacts to changes in parameters; 3) to understand what all this means in the context of market data. Find answers to the questions If you really want to get into the essence of the work of this or that indicator, do the following: 1. To begin with, you can start by studying the history of this indicator. It is best to look for the original source to understand what the creator of the indicator put into this tool. Any information will be useful for understanding the tasks that were set before the indicator at the time. 2. How can the indicator help us or why is it more useful for us to use the indicator than just looking at the chart? 3. Which indicators are similar to this one? Of course, it will not be possible to study all the indicators, but it is not necessary. It is enough to observe and understand where the indicators give the same signals. Thus, we will remove unnecessary repetition of signals on the chart. 4. What exactly is taken into account when the indicator is working? For this work, you need to be able to calculate or program at least in general terms. You can use third-party special programs. The main goal is to understand the details of the indicator calculation. 5. Change the data tracked by the indicator to see how it reacts to controlled price changes. Examples are: a market in flat, where a trend begins to emerge, and then a second return to flat occurs; a game on trend strength; a flat with one subsequent large price jump; "ladder" markets; stable long-term trends and their reversals; fluctuations (for example, sinusoidal) with different periods. 6. Take the knowledge you have gained and look at the indicator on the price charts. Notice how it reacts to price spikes. Analyze this stage of information collection. Your goal is to see how this indicator works on a large amount of data, and not to dig deep. 7. Now find out how you can test what you see in paragraph 6. Is it possible to test this indicator manually, or will a software algorithm be required to test it. 8. Having received all the data and understood the work of the indicator, you should understand whether this indicator is needed in your strategy? It will be difficult to answer all the questions, but the benefits will be tangible. You may spend several days or weeks searching for answers, on the other hand, you will learn something that most traders do not know. You will be able to really understand the signals of the indicators and be able to use the right indicator at the right time – which most do not know at all. If you do not learn how to understand and use trading tools correctly, you simply will not be able to trade in a plus. Good luck! Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Education
by Lingrid
6
BTC - Wicks * do you remember that old fashion "coin table" game commonly found at carnivals, restaurant , festivals? Yup, that thing you drop quarters into as it slowly pushes teetering coins to obvious profit unseen profit. This is it fun gag at carnivals, where 5 min of wonder of how the coins don't obey the laws of known physics is it's nominal attraction I'm going out on a limb here - posting this before it happens- better said *if * it were to happen.. The structure in the chart is weak - and I only expect the big point C.) move upward (seen in this chart) because it's the weekend and contemporary markets are absent from showing contrast e.g. SPX moving downward is an obvious factor for nascent though cutting edge crypto price action , I could easily see price moving $500 -$1000 in less than three minutes in either direction to shake out any profits from any position at any time (this is represented by the yellow arrows (wicks=fake 30 second markup/markdown) * BTC isn't the easiest thing in the world to trade long or short, as in any unregulated market I need to get market maker could push the price up to liquidate shorts and shake out longs consistently with wicks. Sometimes I wonder why I am interested in trading BTC, I consider possibly it's the price action I know best because I've watched it intensely for thousands of hours, and then I think to myself maybe it's the promise it holds that I do believe in... I like its volatility, catch 22, and always expecting volatility it's possible one can see things in the chart they are not there (just referencing past action that only happens sometimes) * recently I lost thousands of dollars in a BTC trade where I was literally precisely correct about price action, however a fake 30 second un-revisted Wick per the "BTCbolome" narrowly robbed me of 10x P&L, and gifted a 3x drawdown from "fake" wick Price action aka- market maker/exchange shakeout I'm putting this forward obviously not to complain, (I know what I'm getting into with each trade) just to share a honest and common experience by many, and that's (1.) one reason why BTC has decreased in trading volume for over six months- players leave a game when they can't win when they're right and lose when they're wrong.
EIGHTCAP:BTCUSD
by kiddbitcleveland
GOLD - Pullback / Then PumpI find it interesting how charts (when accurate) can ostensibly predict the future, a two dimensional image forecasting a four dimensional world of human psychology.. If this chart is accurate (and the reader must know this chart may be entirely wrong as it is essentially speculative) there will be something in the news / some some catalyst that offers explanation for this price action.. Sometimes I wonder if it's the chicken or the egg, as in did the news itself cause Price action, is the news merely a proxy for causation, or maybe it would've happened without the news? I don't know, it's an obvious paradox Good luck and best regards
OANDA:XAUUSD
by Joseph_MG