Hello, dear subscribers! The topic of this article is the Engulfing candlestick pattern. To be honest the candlestick patterns are almost useless if you use only this. But this is a great trend confirmation, so we will consider engulfing pattern with the Alligator Indicator which was described in one of the previous articles. What is Engulfing Pattern? The...
CME Group Futures Dates: Dec 2020 BTCZ20 16 Dec 2019 > 24 Dec 2020 Settlement: 28 Dec 2020 - Jan 2021 BTCF21 03 Aug 2020 > 29 Jan 2021 Settlement: 01 Feb 2021 - Feb 2021 BTCG21 31 Aug 2020 > 26 Feb 2021 Settlement: 01 Mar 2021 - Mar 2021 BTCH21 28 Sep 2020 > 26 Mar 2021 Settlement: 29 Mar 2021 - Apr 2021 BTCJ21 02 Nov 2020 > 30 Apr 2021 Settlement: 03...
Today we continue to study Ichimoku Indicator trading strategies. Last time we analysed in details the conversion, base and lagging span lines. In this article we apply Kumo cloud which is formed by Leading Spans A and B. The formulas for the calculation you can see on the chart. The Strategy Before considering the strategy we should understand that the Kumo...
Hello, dear subscribers! Today we starting the training series of the Ichimoku Indicator trading. This article is about the Ichimoku definition and the easiest trading strategy using it. What is the Ichimoku Indicator? This indicator consists of 4 components: 1) Conversion Line - the 9 period high - low average price, demonstrates the short term period trend....
Hello Traders. I hope you enjoyed chapter 1 and studied hard. If you are having a hard time understanding chapter 2, please go back to chapter 1 and study that chapter first. Chapter 2 - Motive Waves: 2.1 Impulse, Leading Diagonal 2.2 Ending Diagonal, Truncation 2.4 Extension, Fifth Wave Extensions ------ 2.1 Impulse, Leading Diagonal: Impulse Wave As...
Hello, dear subscribers! The next topic of our education is the Bollinger Band channel. What is Bollinger Bands? BB channel consists of three lines: the moving average of close price, the MA plus/minus 2 standard deviations. This channel defines the most likely price swings range. How to trade with BB? There are two different situations for the BB trading....
Hello, dear subscribers! Today we will examine another one lagging indicator - MACD. It is very useful indicator but you need to use it carefully because usually it is just adds other indicators and can to generate a lot of fake signals. What is MACD? MACD consists of: 1)MACD (blue) = EMA(12) - EMA(26) 2)Signal (red) = EMA(9) 3)Histogram = MACD - Signal The...
Hello Traders. I would like to introduce a new series of articles pertaining to the Elliot Wave theory. We are seeing higher interest in Elliot Wave theories these days but many traders and investors have a hard time grasping the foundation of Elliot Waves. I would like to finally start implementing my overall view of the basics on Elliot Waves so that investors...
Hello, dear subscribers! Today's topic is Williams Alligator (WA) Indicator, which is very important and efficient trading tool at any timeframe. Definition WA consists of three lines: Jaw = Moving average with length 13 and offset 8 Teeth = Moving average with length 8 and offset 5 Lips = Moving average with length 5 and offset 3 But you can choose...
Hello Traders. Here, I would like to show the most commonly used and highly profitable patterns for new traders (and advanced!). There are two categories of patterns in terms of price action: Continuation patterns Continuation patterns are usually indications for traders to look for a signal that the price trend is likely to remain in play from a market...
Hi in this tutorial video I am covering five types of charts; 1. Line 2. Bar 3. Traditional Candlestick 4. Colored candlestick 5. Renko
Hello, dear subscribers! Today we are going to talk about one of the most useful indicators in cryptotrading - pivot levels(points). We have already considered the lagging and leading indicators and decided that the second one is the most valuable. Definition Pivot levels is the leading indicator which define the potential pivot levels for the next trading...
Hello Traders. This is a continuation of how to use the long/short positioning tool from our previous post. In my previous post, I talked more specifically about how we can calculate the Risk Reward Ratio ( RRR ), but here, in a visualized format, I have broken it down as best as I can so that you as the trader can understand each and every part of the tool. This...
Hello traders. Here I present to you an important lesson of how we should all be allocating our funds. In the pyramid above, you can see the distribution of risky assets to low risk assets. Low risks are associated with low expected returns while high risks are associated with high expected returns. Investors who are not willing to take high risks have to be...
Investing for Beginners 101 --------------------------- How do you build your investment fund? ---------------------------------------- There is no silver bullet to it, and it is easy when you build it across an extended period of time. Introducing the power of Dollar-Cost Averaging (DCA)! One of the easiest ways to get started. DCA is an investment strategy...
Hello, dear subscribers! Today we examine another one support line type - moving average support. Definition Moving average support line is one of the advanced types support lines. It based on price moving average for any period which can be chosen for every particular case. MA helps to define the trend direction at current moment. If the price closed above the...
Hello, dear subscribers! Yesterday we considered the simple support line. Today we continue to examine support types. Definition Trend support line occurs where the price is in the uptrend and is formed by the lows on the candlestick chart. Next to this line the price is likely to bounce off it because the demand/supply imbalance. How to trade with trend...
Hello traders. So you are thinking of day trading as a career? Let's start off with the bad news: it's difficult. Good news? It's doable - if approached with the right mindset. This is a part of my risk management series that I believe many traders can benefit - new or advanced. Day trading involves buying an asset and reselling it for a profit the same day - or...