Learn the 3 TYPES of MARKET ANALYSIS in Gold Forex Trading
In the today's post, we will discuss 3 types of analysis of a financial market.
🛠1 - Technical Analysis
Technical analysis focuses on p rice action, key levels, technical indicators and technical tools for the assessment of a market sentiment.
Pure technician thoroughly believes that the price chart reflects all the news, all the actions of big and small players. With a proper application of technical strategies, technical analysts make predictions and identify trading opportunities.
In the example above, the trader applies price action patterns, candlestick analysis, key levels and 2 technical indicators to make a prediction that the market will drop to a key horizontal support from a solid horizontal resistance.
📰2 - Fundamental Analysis
Fundamental analysts assess the key factors and related data that drive the value of an asset.
These factors are diverse: it can be geopolitical events, macro and micro economic news, financial statements, etc.
Fundamental traders usually make trading decision and forecasts, relying on fundamental data alone and completely neglecting a chart analysis.
Price action on Gold on a daily time frame could be easily predicted, applying a fundamental analysis.
A bearish trend was driven by FED Interest Rates tightening program,
while a strong bullish rally initiated after escalation of Israeli-Palestinian conflict.
📊🔬 3 - Combination of Technical and Fundamental Analysis
Such traders combine the principles of both Technical and Fundamental approaches.
When they are looking for trading opportunities, they analyze the price chart and make predictions accordingly.
Then, they analyze the current related fundamentals and compare the technical and fundamental biases.
If the outlooks match , one opens a trading position.
In the example above, Gold reached a solid horizontal daily support.
Testing the underlined structure, the price formed a falling wedge pattern and a double bottom, breaking both a horizontal neckline and a resistance of the wedge.
These were 2 significant bullish technical confirmation.
At the same time, the escalation of Israeli-Palestinian conflict left a very bullish fundamental confirmation.
It is an endless debate which method is better.
Each has its own pros and cons.
I strongly believe that one can make money mastering any of those.
Just choose the method that you prefer, study it, practice and one day you will make it.
❤️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.
Tradingtips
9 Essential TIPS For Newbie Traders (Learn from my Mistakes!)
In the today's article, I will reveal trading secrets I wish I knew when I started trading.
1️⃣ Forget about becoming a pro quickly
Most of the traders believe, that you can learn how to trade easily and that it takes a very short period of time in order to master a profitable trading strategy.
The truth is, however, that trading is a long journey.
I spent more than 3 years, trying different strategies and looking for a profitable technique to trade. Once I found that, it took more than a year to polish a trading strategy and to learn how to apply that properly.
Be prepared to spend YEARS before you find a way to trade profitably.
2️⃣ Focus on One Strategy
While you are learning how to trade you will try different techniques, tools and strategies. And the thing is that newbies are trying multiple things simultaneously. The more strategies you try at once, the more setups you have on your chart. The more setups you have on your chart, the more complex and difficult is your trading.
Remember that in this game, your attention is the key.
You should meticulously study each and every trading setup.
For that reason, I highly recommend you to focus on one strategy, one approach, one technique. Test it, try it and look for a new one only when you realize that it doesn't work.
Here is the example how the same price chart can provide absolutely different trading opportunities depending on a trading strategy.
Price action pattern trader would recognize a lot of a patterns, while indicator based trader could spot absolutely different bullish and bearish signals.
Now, try to imagine how hard it would be to follow both strategies simultaneously.
3️⃣ Start with small capital that you can afford to lose
You will lose your first trading deposit and, probably, the second one and potentially the third one as well.
Losses are the only way to learn real trading. While you are on a demo account, you feel like a king, but once you start risking your savings, the perspective completely changes .
For that reason, make sure that you trade with an account that you can afford to lose. The fact of blowing such an account should be unpleasant, but that should not affect your daily life.
4️⃣ Use stop loss
I am doing trading coaching for more than 4 years.
What pisses me off is that the main reason of the substantial losses of my mentees is the absence of stop loss. Why can it be if naturally everyone: from your broker to Instagram trading gurus repeat that day after day.
Set stop loss, know in advance how much you risk per trade, and know the exact level on a price chart where you become wrong.
Imagine what could be your loss, if you shorted USDJPY and hold the trade while the market kept going against you.
5️⃣ Forget about getting rich quick
That is the iconic fallacy. I believe that around 90% of people who come in this game want to get rich quick , want easy money.
And no surprise, when I share a trading setup in my free telegram channel, and it loses I receive dozens of messages that I am a scammer.
People truly believe that professional trading implies 100% win rate and quick and easy money.
The truth is, traders, that trading is a very tough game. And with a good trading strategy, you have just a little statistical edge that will give you the profits that would slightly overcome your losses.
6️⃣ Train your eyes
Professional trading implies pattern recognition: it can be some technical indicators pattern, the price action or candlestick formation, etc.
Your main goal as a trader is to learn to identify these patterns.
Pattern recognition is a hard skill to acquire.
You should spend dozens of hours in front of the screen in order to train your eyes to identify certain patterns.
Here is how many patterns you would spot on GBPUSD chart, paying close attention.
7️⃣ Track and analyze your trades
Study all the trades that you take, especially the losing ones.
Look for mistakes, look for the reasons why a certain setup played out and why a certain one didn't. Journal your trades and make notes.
8️⃣ Don't use technical indicators
Newbies believe that technical indicators should do the work for them.
They are constantly looking for one or a bunch that will accurately show where the market will go.
However, I always say to my mentees that technical indicators make the chart messy and distract.
If you just started trading, focus on a naked chart, learn to analyze the market trend, key levels, classic price action patterns.
Learn to make accurate predictions relying on a price chart alone.
Only then add some technical indicators on your chart.
They won't do the work for you, but will help you to slightly increase the accuracy of a certain setup.
Above is the classic chart of a newbie trader.
A lot of indicators and a complete mess
The same chart would look much better without technical indicators.
9️⃣ Find a Mentor
There are hundreds of trading mentors on Instagram, YouTube, TradingView. Find the one with a trading style that you like.
Follow him, learn from his trading experience, listen to his trading recommendations.
11 years ago I found a guy on YouTube, his name was Jason.
I really liked his free teachings, and they were meaningful to me.
I decided to purchase his premium coaching program.
It was 200$ monthly - a huge amount of money for me at that time.
However, with his knowledge I saved a lot, I learned a lot of profitable techniques and tricks that helped me to become a professional forex trader.
Of course, this list could be much bigger.
The more I think about different subjects in trading, the more important tips come to my mind. However, I believe that the tips above are essential and I truly wish I knew all that before I started.
I hope that info will help you in your trading journey!
Good luck to you.
❤️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.
Multi-Time Frame Analysis (MTF) — Explained SimplyWant to level up your trading decisions? Mastering Multi-Time Frame Analysis helps you see the market more clearly and align your trades with the bigger picture.
Here’s how to break it down:
🔹 What is MTF Analysis?
It’s the process of analyzing a chart using different time frames to understand market direction and behavior more clearly.
👉 Example: You spot a trade setup on the 15m chart, but you confirm trend and structure using the 1H and Daily charts.
🔹 Why Use It?
✅ Avoids tunnel vision
✅ Aligns your trades with the larger trend
✅ Confirms or filters out weak setups
✅ Helps you find strong support/resistance zones across time frames
🔹 The 3-Level MTF Framework
Use this to structure your chart analysis effectively:
Higher Time Frame (HTF) → Trend Direction & Key Levels
📅 (e.g., Daily or Weekly)
Mid Time Frame (MTF) → Structure & Confirmation
🕐 (e.g., 4H or 1H)
Lower Time Frame (LTF) → Entry Timing
⏱ (e.g., 15m or 5m)
🚀 If you’re not using MTF analysis, you might be missing critical market signals. Start implementing it into your strategy and notice the clarity it brings.
💬 Drop a comment if you want to see live trade examples using this method!
Are You Using Technical Indicators All Wrong?Most indicators aren’t broken. Most traders use them wrong.
Thousands of traders rely on RSI, MACD, and moving averages — and most of them still lose money. Why? Because they use tools the wrong way, in the wrong context, with the wrong mindset.
Let’s break it down:
1. Indicators don’t predict — they react.
RSI hitting 30 doesn’t mean “buy”. It means selling pressure dominated recently.
2. One tool ≠ one strategy.
MACD or CCI alone won’t build you a system. Context, confluence, and confirmation matter.
3. Emotional confirmation kills discipline.
Seeing RSI 70 after price moves doesn’t mean you’re late. It means your emotions want to join the move — not your logic.
🚨 Solution?
Use indicators as filters, not triggers.
Build rules. Track what works. Trade the system — not your excitement.
Want to see more posts like this? Let us know — We're preparing a series of deep-dives into indicator psychology and structure.
Candlestick Patterns + Trend and Momentum: A Perfect CombinationCandlestick patterns provide valuable insights into price action, showing potential reversals, continuations, or market indecision. However, to significantly improve their effectiveness, combining candlestick analysis with trend and momentum indicators is essential. Here’s how you can use these combinations to trade with more confidence and accuracy.
1. Why Candlestick Patterns Matter
Candlestick patterns visually represent traders’ psychology through price movements, including four key prices: Open, Close, High, and Low. Some of the most common and useful patterns include:
Doji: Indicates market indecision and potential reversals.
Hammer & Hanging Man: Signals possible trend reversals at support or resistance.
Engulfing Pattern: Often marks the beginning of a significant reversal.
Morning/Evening Star: Combination patterns that strongly suggest a trend reversal.
2. Adding Trend and Momentum Indicators
Candlestick patterns alone might lead to false signals or confusion. By pairing them with other technical tools, such as moving averages, RSI (Relative Strength Index), or MACD (Moving Average Convergence Divergence), you gain crucial context to confirm the reliability of the patterns.
Here’s how:
Trend Alignment:
Using moving averages, such as the 20 or 50-period EMA, helps confirm whether a bullish candlestick pattern appears in an uptrend (strengthening the signal) or countertrend (potentially weaker signal).
Momentum Confirmation:
Oscillators like the RSI or MACD can confirm the underlying momentum behind a candlestick pattern. For instance, a bullish engulfing pattern becomes more reliable if it coincides with RSI moving upward from oversold territory or MACD showing a bullish crossover.
Volume Analysis:
Higher volume on the candle that forms the pattern typically confirms increased market interest and strengthens the validity of the signal.
3. Practical Example: Bullish Engulfing + RSI
Imagine you spot a bullish engulfing pattern forming at a clear support level after a downtrend:
Step 1: Identify the Pattern: Confirm the bullish engulfing visually.
Step 2: Check RSI: Ensure RSI is below 30 or rising, signaling oversold conditions and potential bullish momentum.
4. Why This Approach Works
Enhanced Accuracy: Combining candlestick signals with trend and momentum indicators increases signal reliability.
Improved Risk Management: Clearer signals mean more confident entries and better-defined stop-loss levels.
Reduces False Signals: Multiple confirmations reduce the risk of false breakouts or reversals.
5. Final Tips
Always look for multiple confirmations (trend, momentum, volume) before making trade decisions based solely on candlestick patterns.
Be patient—waiting for full confirmation can help avoid premature trades.
Regularly backtest and practice recognizing these combined signals to strengthen your trading strategy.
Breakout or Fakeout? How to Spot the Difference and Trade.Trading breakouts can be exciting - and profitable - when they're real. But how do you avoid getting caught in those frustrating false breakouts (fakeouts) that trap many traders?
In this clear and practical guide, you'll learn exactly how to identify genuine breakouts, avoid traps, and improve your trading decisions instantly.
Here's what we'll cover:
✅ Real Breakouts vs Fakeouts: Why it matters.
✅ Market Psychology: Why false breakouts happen.
✅ Volume: Your best friend for spotting authenticity.
✅ Price Structure & Context: When breakouts mean business.
✅ Momentum Confirmation: The hidden indicator that changes everything.
Let’s dive in!
🚩 Real Breakout vs Fakeout: Know the Difference
A breakout occurs when price decisively moves beyond a clear support or resistance level. Imagine Bitcoin breaking above $50,000 or Gold dropping below $1,900.
A fakeout happens when price briefly breaks these key levels—but quickly reverses, leaving traders stuck on the wrong side of the market.
Why it matters: Fakeouts aren't just frustrating—they’re costly. They drain your capital and confidence. Recognizing them early keeps you profitable and disciplined.
🧠 Why Do Fakeouts Happen? (The Psychology)
Fakeouts thrive because traders chase excitement and fear missing out (FOMO). Here’s the secret many traders overlook:
Bull and Bear Traps: Institutional traders deliberately push prices slightly past key levels to trigger stop orders—only to reverse the price sharply.
FOMO-driven trades: Retail traders jump in excitedly at any small breakout, providing fuel for these short-lived moves.
Understanding these tactics can help you stay calm and avoid impulsive entries.
🔥 Volume: The Ultimate Breakout Indicator
Want to know if a breakout is real? Look at volume—it reveals the market’s true intention.
High Volume: Means broad market participation and conviction, supporting a genuine breakout.
Low Volume: A red flag! This signals low market conviction and a higher likelihood of reversal.
Example: If Ethereum breaks above $4,000 with unusually high volume, that's a strong signal. But if volume remains low, beware—it's likely a fakeout.
📐 Context and Price Structure Make a Difference
Not all breakouts are created equal. Pay attention to these key context clues:
Trend Alignment: Breakouts in the direction of a clear existing trend are more reliable.
Significance of Level: Breakouts of major support/resistance levels (weekly or monthly highs/lows) have higher odds of success.
Follow-through and Retests: Genuine breakouts often retest broken levels, turning old resistance into new support.
⚡ Momentum Confirmation: Your Secret Weapon
Momentum indicators (like RSI or MACD) tell you what's happening beneath the surface. They help confirm or reject breakout validity:
Strong Momentum: If indicators confirm the breakout direction, the breakout is more reliable.
Divergence (Warning Sign): If price makes a new high but momentum indicators show lower highs, beware—a fakeout could be near.
Use momentum as your final confirmation step. It’s the missing piece that many traders ignore.
🎯 Quick Breakout Checklist
Use this simple checklist next time you're assessing a breakout:
🚦 Trade Breakouts Wisely: Final Tips
Be Patient: Waiting for breakout confirmation saves you from costly mistakes.
Set Clear Stops: If a breakout fails, exit quickly. Small losses protect your capital.
Scale into Trades: Enter gradually to manage your risk effectively.
Mind Market Context: Always align breakouts with the broader market direction.
Trading breakouts doesn't have to be stressful. When you know what signs to watch for, you trade with confidence—not guesswork.
🚀 Conclusion: Trade Better, Not Harder
Avoiding fakeouts is all about patience, confirmation, and understanding market psychology. By using volume, context, and momentum effectively, you'll greatly improve your breakout trading.
Now, put these strategies into practice. Stop guessing—start confidently trading real breakouts today!
Happy Trading!
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#TradingTips #Breakouts #TechnicalAnalysis #TradingEducation #Crypto #Forex #StockTrading
How Momentum Divergence Reveals Hidden Market Strength and WeaknMost traders watch price action closely: candlesticks, moving averages, trendlines. But there’s a deeper, less obvious layer of information that often signals shifts in direction before price confirms it: momentum.
📌 Quick overview – what you'll learn:
What momentum divergence is (clearly explained)
How it helps predict potential trend shifts
Practical ways to spot and trade divergences
📈 Price vs Momentum: They're Not the Same!
Momentum doesn't simply track price direction. Instead, it measures the strength behind price movements.
Rising prices, falling momentum often signals upcoming bearish reversals.
Falling prices, rising momentum often hints at bullish reversals building beneath the surface.
These subtle divergences are powerful because they reveal hidden market shifts before everyone else notices them.
⚠️ How to Spot Momentum Divergence (Simple Steps):
Step-by-step:
- Find clear price swings:
Clearly defined highs/lows on your chart.
- Check momentum indicators (RSI, MACD, CCI, etc.):
Does the indicator agree or disagree with the price action?
- Spot divergence:
Bullish divergence: Price makes lower lows, indicator shows higher lows.
Bearish divergence: Price makes higher highs, indicator shows lower highs.
- Confirmation:
Always wait for price confirmation like a reversal candle or break of a trendline.
🔥 Why Momentum Divergence Works:
Divergence highlights hidden accumulation or distribution by smart money.
Helps you anticipate reversals before price confirms.
Filters out weak moves and helps you avoid fake breakouts.
📊 Real Example (XAUUSD – April 2025):
Recently in Gold:
Price was dropping steadily, reaching new lows.
Meanwhile, RSI showed clear higher lows – classic bullish divergence.
Result: Price exploded significantly shortly after momentum divergence appeared clearly.
🧠 Trading Tips to Remember:
Divergence signals are stronger near key support/resistance zones.
Use momentum divergence with your existing strategy for confirmation, not isolation.
Always define your risk clearly (set stops above/below recent highs/lows).
🚩 Common Pitfalls to Avoid:
Trading divergence without confirmation: always wait for the market to show its hand.
Ignoring the bigger picture: check higher timeframes for stronger signals.
Overtrading: not every divergence leads to a reversal; quality beats quantity.
🚀 Your Action Plan for Next Week:
Pick one momentum indicator and identify at least 3 divergences on your favorite assets.
Monitor how they play out.
Note down what works best in your trading journal.
💬 Question for you:
What’s your go-to momentum indicator when spotting divergence? RSI, MACD, CCI, or something else? Drop a comment below!
Happy trading!
TrendGo Team
123 Quick Learn Trading Tips #4: Spot or Futures? Real or Fake?123 Quick Learn Trading Tips #4: Spot or Futures? Real or Fake? 🧐
News : $1.3 Billion has been liquidated 💥 from the FUTURES market within the past 24 hours, as Bitcoin plummeted to $86,000. 📉
Futures leveraged traders were forced to close their positions, realizing a collective loss of $1.3 Billion.
This shows how risky trading with leverage (borrowed money) can be. 💸 ⚠️
Traders who use leverage enter into a gambling game with exchanges, which always win the game. In other words, in the last 24 hours, several crypto exchanges made $1.3 billion in profits.
On the other hand, people who bought Bitcoin directly (spot market) only lost a small amount of profit. This shows that owning the actual asset is more stable. 💎
Traders using leverage lose their money. But for spot investors, this is a good chance to buy more Bitcoin at a low price and make their long-term position stronger. 💰
Like I always tell my students and friends:
Let's go up the spot market stairs, step by step. 🪜 Don't think about the futures elevator. 🏢 It has crashed many times, 📉 and it will crash again. ⚠️
Instead of gambling in the "fake" futures game,
invest your money in the "real" spot market. 💎
Build your investments by owning assets, not by risky leverage. 🚫
Have a nice trading journey!
Harsh Truth About Forex & Gold Trading: In Books VS In Reality
Most traders start their trading journey by studying theory first, reading books or taking video courses before putting these newfound skills into practice. But once they start trading on a real market, they quickly realize that things are not as straightforward as the books make them out to be.
In this educational article, we will take a critical look at the difference between theoretical knowledge and practical experience.
📍And first of all, do not get me wrong. I am not trying to imply that trading books or courses are bad.
Theoretical knowledge is essential for successful trading, and of course the books are the best source of that.
The problem is, however, that books can be misleading . The examples in books are always tailored. When the authors are looking for the examples of the patterns, of key levels, they are looking for the ideal cases.
📍The problem becomes even worse, when one start studying the trade examples in books. And of course, the authors choose the brilliant winning trades with huge take profits and tiny stop losses.
I guess you saw these pictures of "sniper" entry trades with 5/1 R/R.
The inexperienced trader may start thinking that the markets are perfect and act in total accordance with the books.
That all the trades that he will take will bring tremendous profits.
That the identified patterns will work exactly as it was described.
📍The harsh truth is that books and courses are simply the compositions of different examples, cases and market situations.
In reality, each and every trading setup is unique .
The reaction of the price to the same pattern will be always different .
Please, realize the fact that books are only good for acquiring the knowledge. But in order to survive on financial markets, you need the experience . And the experience will be gained only after studying thousands of real market examples in real time.
📍Here is the example of a double top pattern that we were trading with my students on AUDJPY.
In books, double tops are always perfect . Once the market breaks the neckline, the price retests that and then quickly drops.
So the one can set a tiny stop loss and a big take profit.
However, after a retest of a broken neckline, AUDJPY bounced and the market maker was stop hunting the newbies. Our stop loss was way above the head, and we managed to survive.
Even though the pattern triggered a bearish movement, the reaction of the market was far from perfect.
Be prepared, that the market will much different from what you see in the books.
Good luck to you!
❤️Please, support my work with like, thank you!❤️
Overtrading Chaos: Classroom Insights & Quick FixesWatching my students get caught up in the whirlwind of overtrading was like watching a rollercoaster ride gone wrong - all that excitement turned into stress, quick decisions based on gut feelings rather than strategy, and seeing their accounts shrink before my eyes. Here's what I've noticed firsthand:
-Emotion Over Logic: They were making choices fueled by the fear of missing out or trying to get back at the market after a loss, not because it was the smart move. Spot on. Emotional trading is the quickest path to financial ruin. It's all about managing those emotions.
-Exhaustion: The constant screen time was draining them, both physically and mentally. This is why I always preach about the importance of having a life outside of trading. Burnout is real and it clouds judgment.
-Costly Habits: Those small fees and spreads started adding up, eating away at their profits with each impulsive trade. Always remember, every trade has a cost. Overtrading is like death by a thousand cuts.
But here’s the good news - I've got some immediate steps I take to turn things around:
1)Trade Log Love: I get them to write down every trade, focusing on the reasons behind their decisions. It’s amazing how this simple act helps them learn from their actions. A trade log isn't just about accountability; it's about education. Every trade is a lesson.
2)Take a Breather: I enforce a little break after each trade. It's like hitting the reset button for your brain, ensuring the next trade isn't just a reaction to the last. This is critical. It’s about breaking the cycle of reactive trading. Think of it as forced discipline.
3)Quality Time: I shift the focus to waiting for those golden opportunities, teaching them that sometimes the best trade is the one you don't make. Patience in trading is not just a virtue; it's a strategy. The markets reward those who wait for the right moment.
Come join me as I navigate through the overtrading storm, helping my students, and maybe you too, become more thoughtful, strategic traders! This is what I call practical wisdom. Overtrading is a symptom of not having a solid plan. I'd recommend this course of action to any trader looking to turn their habits around.
Kris/Mindbloome Exchange
Trade Smarter Live Better
123 Quick Learn Trading Tips #3: Better turn up the heat123 Quick Learn Trading Tips #3: Better turn up the heat 🔥
Ever wonder why some traders seem to have all the luck? 🤔 They're not just lucky; they've built an iceberg of hard work, discipline, and even failures beneath the surface of their "success." Don't just chase the tip – build your own solid foundation.
Here's what that iceberg looks like in trading:
Hard work: 📚 Studying markets, developing strategies, and always practicing. No shortcuts here! 🚫
Patience: ⏳ Giving up short-term gains for long-term strategies. Don't rush. Good traders wait for the best opportunities.
Risks: 🎲 Take smart trades, not reckless ones. Be brave, but not foolish.
Discipline: 🎯 Follow your trading plan. Don't let your feelings make you change it. Trust what you learned before. Trust your strategy.
Failures: 🤕 Everyone loses money sometimes. Learn from your losses. It's important to get back up and keep going.
Doubts: 😟 Managing emotions and fear is crucial. It's normal to have doubts.
Changes: 🔄 The market always changes. You need to change your strategies too. Be ready to adapt.
Helpful habits: 📈 Consistent analysis and risk management are your bread and butter. Stick to good routines.
Want to build a success iceberg? 🧊
Better turn up the heat 🔥
– it's going to be a long, cold journey beneath the surface.
👨💼 Navid Jafarian
So, stop scrolling through my TESLA pics 🚗 and get back to analyzing those charts! 📊 Your iceberg isn't going to build itself. 😉
123 Quick Learn Trading Tips #2: Stay Cool, Trade Smart🎯 123 Quick Learn Trading Tips #2: Stay Cool, Trade Smart
"Don't let anger empty your pockets. Trade with a cool head."
Navid Jafarian
❓ Ever get mad when you lose a game?
❓ Want to try again and win RIGHT AWAY?
Trading can feel like that, but with real money. It's easy to blame losses on things you can't control, like the news or bad luck.
✅ Truth is, everyone loses sometimes in trading. The best traders don't get angry. They learn from their mistakes and move on.💪
‼️ Don't try to "get even" with the market after a loss. That's how you lose even more!
🗝 Take charge, learn, and make the next trade better.
❗️Remember:
The best traders stay calm and focused. Just like a pro!
Scalp Like a Pro: 5-Minute Trades for Big Wins in Micro-TradingMorning Trading Fam
I'm sharing how I use just price action and candlesticks for my scalping strategy. We'll look at where to enter and exit trades super fast. Perfect for beginners or to refine your skills. Let's get into it with our TradingView setups. Like, Boost, Follow and Share is much appreciated.
Kris/Mindbloome Exchange
Trade What You See
Quick Learn Trading Tips - #1 of 123: Doubling your MoneyQuick Learn Trading Tips - #1 of 123: Doubling your Money
It's easy to get caught up in the hype of trading. Promises of fast fortunes and "guaranteed" wins are everywhere. But as I always say, it's crucial to keep it real.
That's why my first Quick Learn trading tip is this: "Try to be realistic about your expected returns. If you dream of doubling your capital every month, you will soon be disappointed."
Let's face it:
If doubling your money every month was easy, everyone would be doing it!
The truth is that consistent success in trading requires a grounded approach.
Unrealistic goals often lead to risky moves driven by emotion, not logic. And that's a recipe for disaster.
Instead, aim for steady, achievable gains. Develop a sound trading strategy, leverage tools, and stay disciplined.
Remember, building wealth in the markets is a marathon, not a sprint.
Want more Quick Learn tips to boost your trading? Follow me.
Top 5 Tips to Increase Your Profits in Trading
In this educational article, I will share with you very useful tips how to improve your profitability in trading the financial markets.
1. Decrease the number of financial instruments in your watch list. ⬇️
Remember that each individual instrument in your watch list requires attention. The more of them you monitor on a daily basics, the harder it is to keep focus on them.
In order to not miss early confirmation signals and triggers, it is highly recommendable to reduce the size of your watch list and pay closer attention to the remaining instruments.
2. Avoid taking too many positions. ❌
For some reason, newbie traders are convinced that they should constantly trade and keep many trading positions.
Firstly, I want to remind you that the management of an active position is a quite tedious process that requires time and attention.
Therefore, more positions are opened, more time and effort is required.
Secondly, if the newbies can not spot a good setup, they assume that they are obliged to open some positions and they start forcing the setups.
Remember, that in trading, the quality of the trading setup beats the quantity. I advise taking less trades, but the better ones.
3. Let winners run if the market is going in the desired direction. 📈
Once you caught a good trade and the market is moving where you predicted, do not let your emotions close the trade preliminary.
Try to get maximum from your trade, closing that only after the desired level is reached.
4. Open a trade after multiple confirmations.✅
Analyzing a certain setup remember, that more confirmations you spot, higher is the accuracy of the trade that you take. In order to increase your win rate, it is recommendable to wait for at least 2 confirmations.
5. Don't trade on your cellphone. 📱
A good trade always requires a sophisticated analysis that is impossible to execute on the small screen of the cellphone.
A lot of elements and nuances simply will not be noticed. For that reason, trade only from a computer with a wide screen.
Relying on these tips, you will substantially increase your profits.
Take them into the consideration and good luck to you in your trading journey.
❤️Please, support my work with like, thank you!❤️
The Prop Trader’s Secret: How to Trade for Real MoneyTrading for Profit vs. Trading to Make Money
There’s a critical difference between trading to be profitable and trading to make money. While they may seem like the same thing, they’re not—and as a trader, you must decide which approach you want to take. If your goal is to be a prop trader who actually makes money, here’s 3 ways you shift your mindset and strategy.
1. Make Frequent Withdrawals
Traders focused on making money consistently withdraw profits. I learned this the hard way during my early trading days, seven years ago. Back then, I was obsessed with being "profitable." My focus was on hitting arbitrary profit targets—green months, green quarters, and a green year. While that mindset works for hedge funds, it’s not ideal for prop traders.
To succeed in the prop trading space, you need to prioritize frequent withdrawals.
Hit a strong run and make 2.5%? Withdraw.
Have a profitable day and the withdrawal window opens tomorrow? Even if you’re only up 1%, withdraw.
Frequent withdrawals create a feedback loop: the more often you secure profits, the more motivated and disciplined you’ll be to continue nailing winning trades. Prop trading comes with inherent uncertainty, so obsessing over 10% profit targets or arbitrary milestones only sets you up for disappointment.
2. Follow the 1-1-1 Rule
Stick to the 1-1-1 rule:
Take 1 trade per day.
Risk 1% per trade.
Focus on 1 financial instrument.
Adhering to this rule will transform your trading. You’ll avoid overtrading, reduce your exposure to losing streaks, and eliminate the emotional tilt that often leads to blowing accounts.
This discipline has kept me consistently profitable over the years. Whether you’re trading GBPUSD, EURUSD, XAUUSD, or US30, pick one instrument and master it. The path to trading success is as much about mastering yourself as it is about mastering the market.
3. Focus on Small Risk-to-Reward Ratios (R:R)
Small R:R trades may not sound exciting, but they’re the backbone of consistent profitability. Catching a 1:10R move might feel like the ultimate trading achievement, but are you here to be "profitable" or to make money? Make up your mind.
Most traders chase high R:R setups, only to give back 80% of their gains after one emotional mistake. Instead, focus on smaller, attainable targets:
Learn to consistently spot 1:2, 1:3, and occasionally 1:4 R setups.
On a $200k account, a single 1:3R trade at 1% risk generates $6,000.
After locking in a winning trade, withdraw your profits and repeat the process. Over time, these smaller, consistent gains will make you far richer than grinding for massive R:R setups and risking it all in the process.
The Bottom Line
Prop trading is about discipline, consistency, and the ability to extract real money from the markets—not just hitting arbitrary profit goals. By making frequent withdrawals, following the 1-1-1 rule, and focusing on attainable R:R setups, you can trade with confidence, avoid burnout, and get make real money! Isn't that why we're all here?
Happy Trading
Leverage Your Way to Trading SuccessGood morning traders!
Today we're breaking down one of the most powerful yet misunderstood concepts in trading - leverage and margin. Think of this like the gym; leverage is your workout equipment, allowing you to lift more than you could with just your body weight. Margin, on the other hand, is like your gym membership fee; it's what you pay to access that equipment.
Understanding Leverage and Margin
-Leverage: In trading, leverage is about using a small amount of capital to control a much larger position. It's like using a barbell - it amplifies your strength, but if you're not careful, you can hurt yourself.
-Margin: This is the initial deposit required to borrow the "barbell." It's your skin in the game, ensuring you don't just run off with the equipment without working out.
The Power of Leverage
-Amplified Returns: Just like lifting weights can give you bigger muscles faster, leverage can significantly increase your returns if the market moves in your favor.
-Access to Bigger Plays: With leverage, you can dive into opportunities that would otherwise be out of your financial reach, like taking on a much heavier weight than you could lift solo.
The Risks You Must Navigate
-Magnified Losses: Here's where the gym analogy gets real - if you drop that heavy barbell, you're going to feel it. In trading, leverage can make small losses big ones if the market goes against you.
-Margin Calls: If your account balance dips below the required level, it's like the gym calling you to say, "Hey, you need more money for that membership!" You either add funds or have to stop using the equipment (close positions).
-The Temptation to Overdo It: Just like in the gym, where you might want to lift too much too soon, in trading, leverage can tempt you to overtrade, leading to exhaustion or injury (financial losses).
How to Lift with Leverage Smartly
-Set Stop-Loss Orders: This is like having a spotter in the gym. Decide beforehand how much weight (loss) you can handle before you need help (exit the trade).
-Only Use What You Can Afford to Lose: Never work out with weights that could crush you if they fall. Only use leverage on money you're prepared to part with.
-Know Your Limits: Understand how much margin you need to keep your positions open without getting a surprise bill from the gym.
-Position Sizing: Start small, like beginning with lighter weights before moving to the heavy stuff. Even with leverage, manage your trade sizes wisely.
-Keep Educating Yourself: Just as you'd learn new exercises or techniques in the gym, keep learning about markets and trading strategies.
A Gym Session Example
Imagine you've got $1,000 to invest, but with leverage, it's like you're trading with $10,000. If the market moves up by 5%, you're not just making a small profit; you're looking at a 50% return on your initial investment. But if it drops by 5%, you're facing a 50% loss, which could knock you out of the gym if you're not ready.
Wrapping Up
Leverage and margin are like your gym gear - they can make you stronger but only if used correctly.
If you're struggling to understand this concept, send me a DM - more than happy to help. If this article helped you, please boost, share, and comment; I truly appreciate it.
Kris/Mindbloome Exchange
Trade What You See
Risk Management in Trading: Keeping It Simple and Stress-FreeIf you're new to trading, you’ve probably heard the golden rule: “Don’t risk more than 1-2% of your account on a single trade.” Sounds easy, right? But let’s be real—trading is way more than just crunching numbers.
Let’s Break It Down
1. Don’t Bet the Grocery Money! 🍎
First things first: Never trade with money you can’t afford to lose. Imagine this—your rent is due next week, but instead of saving, you decide to trade all that cash because you’re feeling lucky. Spoiler alert: That’s not luck—it’s a one-way ticket to Stress City. When you trade money you can’t afford to lose, every market wobble feels like the end of the world. Keep your bills paid and your pantry stocked before you even think about trading.
Example: Think of trading like buying lottery tickets. You wouldn’t spend your entire paycheck hoping to hit the jackpot, right? (Well, I hope not!) Treat your trading account the same way.
2. Discipline > Math 🧠
Sure, knowing the 1% rule is cool, but what really matters is sticking to it. Here’s the thing: Losing streaks happen to everyone—even pros. The question is, how many losses in a row can you handle without losing your cool and going all-in on a “revenge trade”?
Example: Think of it like a diet. You promise to eat just one cookie, but after a bad day, you eat the whole pack. The same thing happens in trading if you’re not disciplined. One bad trade can lead to a whole bunch of bad decisions.
3. Trading Won’t Pay Your Bills (At Least Not Yet) 💸
Many people dream of quitting their job to trade full-time. Sounds great, but here’s the catch: You need a lot of money to make trading your main income source. The trader in the video suggests keeping a day job while learning the ropes. That way, you’re not relying on trading profits to survive.
Example: Imagine opening a lemonade stand, but you only have two lemons. You can’t expect to make enough lemonade to pay rent! Work on growing your “lemon supply” (your trading skills and capital) before you go all-in.
4. Watch Your Trade Count 🕒
Making too many trades in one day is like eating too much junk food—it might feel good at first, but it’ll cost you later. Even small risks add up quickly when you’re overtrading. The pros call this “death by a thousand cuts.”
Example: If you take 10 trades in a day, risking 1% each, you’re suddenly risking 10%. That’s like ordering 10 desserts because “they’re just tiny.” Spoiler: It adds up fast.
5. Learn from Poker Players 🎲
Ever watched poker pros on TV? They don’t bet everything on one hand—they manage their “bankroll” carefully, so they don’t lose it all. The same idea works in trading. Lower your position size when things aren’t going well so you can stay in the game.
Pro Tip: Want a fun exercise? Use poker chips or fake money to practice “betting” on trades. Seeing your stack shrink will remind you why managing losses is so important.
Simple but Powerful Lessons
Build a Safety Net: Before you think about trading full-time, save up enough money to cover your expenses for a few months. This way, you can trade without freaking out over every dollar.
Learn a Backup Skill: Trading takes time to master. While you’re learning, keep a steady job to support yourself financially.
Focus on the Process, Not the Profits: Winning traders don’t obsess over the money—they focus on following their strategy and improving their skills.
A Few Quotes to Keep in Mind
“Risk management isn’t about numbers; it’s about discipline.”
“If losing money makes you panic, you’re trading too much.”
“Turn off the profit and loss display—focus on making good trades.”
Final Thought: Keep It Chill
Trading is like a marathon, not a sprint. Take your time, stick to your plan, and never risk more than you’re comfortable losing. If you approach it with patience and discipline, you’ll not only survive but thrive in the markets.
Now, go grab a coffee (or lemonade) and plan your next trade with confidence! ☕🍋
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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Surviving the Crazy Market: Two Tricks That Saved My TradingI've had those moments where watching my trades feels like being on a wild roller coaster, my stomach all twisty with excitement and fear. Here's my story and two tricks that have helped me when the market goes nuts:
Trick 1: My Chill-Out Break
There was this one time when the market just fell like a rock right after I made a trade. My heart was racing, and my first thought was to sell everything before I lost more money. But instead, I did something different. I set a timer for 15 minutes, went outside, and just watched the sky. When I came back, I wasn't panicking anymore. The market had calmed down a bit too. With a clear head, I looked at my trade again, adjusted my stop-loss, and held on until it got better.
What I Did: I took a break from my computer.
How I Felt: I went from super scared to pretty relaxed.
What Happened: I made better choices and didn't lose as much money.
Trick 2: My Crazy Meter
I used to dive into trading without thinking about how wild the market was. After this one day when I lost a lot because I was trading like crazy, I made up something I call my "Crazy Meter." Before I trade, I check if the market's calm or wild, giving it a number from 1 to 10. If it's really wild, over a 7, I only use a tiny bit of my money and make sure I can stop the trade if things go too bad.
What I Did: I check how wild the market is before I trade.
How I Felt: I felt prepared, not scared of what the market might do.
What Happened: I didn't lose a lot, and sometimes I even made money when others were freaking out.
Have you ever had your trades go all over the place and felt just as scared as I did? These tricks might help you too! If you want to learn more about handling when the market goes nuts, come to my webinar this Sunday.
Kris/Mindbloome Exchange
Trade What You See
How to Trade Christmas and New Year Winter Holidays
As the winter holidays are already around the corner, you should know exactly when to stop trading and close your trades, and when to resume.
In this article, you will learn how Christmas and New Year holidays affect the financial markets and I will share with you my trading schedule.
First, let's discuss how winter holidays influence the markets.
Winter holidays lead to a dramatic reduction in trading volumes.
Many traders and investors take vacations in that period.
Major financial institutions, banks, hedge funds often operate with reduced staffing and early closes or are completely close for holidays.
All these factors inevitably lead to the diminished trading activity.
Look at the schedule of official banking holidays in many countries.
Since Tuesday 24th, the banks are officially closed in Europe, UK, USA and so on.
But why should you care?
If you have free time, why can't you continue trading?
Even if you trade technical analysis, you should admit the fact the fundamentals are the main driver for significant price movements.
One of the major sources of high impact fundamentals is the economic news releases in the economic calendar.
Look at the economic calendar.
You can see that the last day of high impact news releases will be Friday, December 20th.
After that, the calendar is completely empty.
The absence of impactful fundamentals will inevitably make the markets stagnate, making trading very boring.
Above is the EURUSD price chart with ATR technical indicator (the one that measure the market volatility).
We see a clear drop in volatility during a winter holiday season.
You can behold a similar pattern on Gold chart.
With the big politicians taking vacations during the holidays season,
we tend to see the local easing of geological tensions accompanied by a lack of significant foreign and domestic policy actions and announcements.
That's the US congressional calendar.
There are no sessions since December 23rd.
But there is one more reason why you should not trade during winter holidays.
The absence of big players on the market will decrease the overall trading volumes - the liquidity.
Lower liquidity will unavoidably increase the bid/ask spreads.
The widened spreads will make trading more costly, especially if you are scalping or day trading.
And when should you resume trading?
It always depends on how actively the markets wake up after holidays.
The minimal starting day will be January 6th.
I usually do not trade this week and just watch how the markets starts moving.
I prefer to begin my trading year from Monday next week, the January 13th.
Holidays seasons will be the best period for you to do the back testing and learning.
Pick a trading strategy that you want to trade with in a new year and sacrifice your time to back test it on different instruments.
Learn important theory and various techniques, relax and prepare your self for a new trading season.
Have a great time, traders!
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Why Trading Sessions Matter in Forex: Key OverlapsThe Forex market is open 24 hours a day during the weekdays, allowing traders flexibility to trade at any time. However, understanding the best times to trade is essential for effective trading. The market is divided into four main sessions: Sydney, Tokyo, London, and New York, each corresponding to peak activity in key financial centers. Using a Forex Market Time Zone Converter can help traders determine which sessions are active in their local time, making it easier to plan around high-liquidity periods.
Although the market is technically always open, not all trading times are equally profitable. Higher trading volume, which generally occurs during session overlaps, creates ideal conditions for traders. For example, the overlap of the London and New York sessions sees the highest volume, with more than 50% of daily trades occurring in these two centers. Trading at this time, especially with currency pairs like GBP/USD, can lead to tighter spreads and quicker order execution, reducing slippage and increasing the likelihood of profitable trades. Similarly, trading AUD/JPY during the Asian session, when the Tokyo market is active, is advantageous due to higher trading activity for these currencies.
Conversely, trading during times when only one session is active, such as during the Sydney session alone, can result in wider spreads and less market movement, making it harder to achieve profitable trades. Planning trades around high-activity sessions and overlaps is key to effective forex trading.
How to Use Exponential Moving Averages?The Exponential Moving Average (EMA) is one of the most popular technical indicators for traders, known for its sensitivity to recent price changes and ability to reveal trends in real-time. This is certainly not a 100% grail or a super indicator! But I would recommend not to ignore EMA during backtests
What is the Exponential Moving Average (EMA)?
The EMA is a moving average that gives more weight to recent prices, allowing it to react faster to price changes compared to the SMA. This quality makes EMA especially valuable in volatile markets like cryptocurrencies, forex, and stocks. Typically, traders use the EMA to smooth price data, making it easier to spot trends and reversals.
Key EMA Timeframes:
Short-Term: 10-20 EMA (for quick trades and scalping)
Medium-Term: 50 EMA (commonly used to gauge trend direction)
Long-Term: 100-200 EMA (used to assess overall market sentiment)
Why Use EMA in Trading?
The EMA helps traders identify the trend direction, evaluate market momentum, and recognize possible reversal points. Because the EMA adjusts quickly to price changes, it is effective for day trading, intraday trading, and even longer-term investing. Its responsiveness is particularly useful for:
Trend Confirmation: The EMA helps traders confirm if a trend is upward or downward. Multiple EMAs used in combination can highlight potential crossovers that signal trend shifts.
Entry and Exit Signals: EMA crossovers and support/resistance levels can serve as effective entry and exit points.
Momentum Assessment: Short-term EMAs provide insight into current momentum, while longer-term EMAs reveal broader market sentiment.
Pros and Cons of Using EMA in Trading
Pros:
Reactiveness: EMA adjusts quickly to new price movements, helping identify trends sooner than SMA.
Versatility: Suitable for various timeframes, from scalping to swing trading.
Clear Signals: Effective in trending markets for capturing entry and exit points.
Cons:
Sensitivity to Noise: EMA is more susceptible to market “noise” or erratic price swings, leading to potential false signals in choppy markets.
Not Ideal for Ranging Markets: EMA is less effective in sideways or consolidating markets.
Tips for Trading with EMA
Use EMA in Trending Markets: EMA performs best when there is a clear trend. In ranging markets, signals are less reliable.
Combine EMA with Other Indicators: Use indicators like RSI or MACD to confirm EMA signals and reduce the chances of false breakouts.
Stick to Risk Management Rules: EMAs, while effective, are not foolproof. Always set stop-loss levels and use proper position sizing to manage risk effectively.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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Learn How to Avoid Margin Call in Trading
Hey traders,
In this educational article, I will share with you 5 simple tips that will help you not to blow your trading and avoid margin call.
1️⃣ Always Use Stop Loss.
Let's start with the obvious - with the stop loss order.
Never ever trade without that. Before you open your trade, plan in advance its placement, stick to it once the position becomes active and never remove it.
2️⃣ Manage Your Position Sizes
I know that most of you are trading with a fixed lot. That is a bad habit. You should measure the lot size for each trading position you take. You should define in advance the risk percentage you are willing to lose per trade and calculate the lot sizes for your trades accordingly, then.
3️⃣ Avoid Taking Too Many Positions
Remember that in trading, quantity does not imply quality. The more trades you take, the harder it is to manage each position individually. I would suggest opening maximum 5 trades per day and holding no more than 8 trades simultaneously.
4️⃣ Avoid Trading Too Many Markets
The wider is your watch list, the harder it is to focus on each individual element inside. Do not try to control as many markets as possible, instead, narrow your watch list and concentrate your attention on your favorite trading instruments.
5️⃣ Remember About Volatility
The more volatile is the market that you trade, the harder it is to trade it and the bigger stop losses you need to keep your positions safe. Remember, that the volatility is the double-edged sword. It can bring substantial profits, but it can also blow your entire account in a blink of an eye.
Following these 5 simple rules, you will make your trading much safer. Study them and add them in your trading plan.
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