Hello everyone: Many of you have asked me to continue making more of these analysing from scratch video, so I have prepared another one here for you today. Not only will we refresh the previous 2 educational videos on this topic, I will go into a bit more details on the confirmation on the lower time frames with multiple examples in the chart. Recall from the...
When a triangle has a saturation of candle touches on its upper narrow side it usually breaks towards that side. For example if one side has been touched by the candles twice as many times with higher density on the right narrow side, the price action tends to break out of the triangle on that side. Success rate 80%+
Hello everyone: Want to talk a bit more about safe haven currency in the market. Since the recent tension between Russia and Ukraine, the safe haven currency could strengthen as a result of such uncertainty in the world. We will take a look at some past history of these currency pairs, how they react to the market at the time, and what could we reasonably...
a form of backtesting that is used to identify patterns and structures in historical data. a good form of backtesting if you haven't got the knowledge or experience to utilise the bar replay as of yet. Any questions please feel free to drop me a message :)
Hello everyone: I received positive feedback on the last video on how to analyze the market from scratch, and many have told me to make more of these similar contents. So here we go :) I will go through multiple examples of how I would analyze the market by following these simple steps: Multi-time frame analysis (Top Down Approach) Start from HTF to...
Today we will talk about the figure of technical analysis "Diamond" Diamond is not so common, so the figure is not so popular with traders. But when the figure appears on the chart, you will get a great opportunity to earn big profits. Identification The diamond appears after a strong upward movement, which stops at some point and an expanding triangle begins...
Hello everyone. Today we will discuss a very important topic - trading after the breakdown of the level. As it turned out, not everyone knows how to trade correctly in such market situations, so let's start learning. Trend Trend is our friend! Everyone knows this expression, but do not forget that the trend will end sooner or later and the price will go in a...
During the existence of the market, a large number of technical analysis figures have been found. They all work with varying degrees of accuracy. Such a large number of patterns can confuse anyone, especially a beginner. Today we will look at just two models that are quite common and, with proper trading, can bring you big profits. Both models are united by one...
In this video: * How to spot and draw a broadening wedge pattern. * What constitutes an official broadening wedge pattern. * Is the pattern bullish or bearish? * What is the probability of breaking down vs. moving further up? * How to measure target down and how to measure target up? * Other notes to make on how to trade.
Hey, we are going to talk about a pattern today, called falling wedge, as it happened few days ago in SAND I'm just gonna talk about it as a good example. Basically a wedge is a shape looking like triangle, it causes to make lower highs and higher lows which are closer to each other as we go along. we have 4 types of wedges listed below : 1. Falling wedge (...
Hello everyone: Lately many of you have messaged me about getting FOMO and entering trades without confirmations. In addition you can't seem to “not” enter trades when the market hasn't shaped up to your strategy and entry criteria. I am hoping in today’s educational video it can help some of you guys to get back on track. I want to share 5 main pieces of...
Hello everyone, in this post, I tried to show you the concept of "M" and "W" Patterns shortly and simply. I hope this article is useful for you and wish you all the best.
Hello everyone: Many have asked me about demonstrating how to analyze the chart from complete scratch. When looking at my chart and educational video, it all seems very simple, but many are telling me they are struggling to identify the market. Today I will go over how I analyze the chart, from the Higher time frame down to lower time frame by using multi-time...
Hello everyone: Today I want to discuss a topic in Risk Management, specifically on when and how to move your STOP LOSS to BREAKEVEN or in PROFIT when you have a running profit trade/position. In an impulsive phase of the market, we want to make sure to protect our entry as well as secure profits. In this example of EURUSD, I managed to get 2 entries in, and...
today i'll share with you the most famous candlestick pattern everyone should know. part 4 we will start with the Rising Three Methods Pattern . It is a five candlestick pattern observed during a bullish rally and its indicates that bullishness would further continue in the market . second , Falling Three Methods Pattern It is a five candlestick pattern...
What is Dejavu? Dejavu is a term used to describe a feeling that one has lived through the present situation before. How does this tie in with the markets? Technical analysis is based on patterns repeating itself over and over again. Technical analysts believe past trading activity and price action can be valuable indicators to future price movement. How...
Elliott Wave Count in Bitcoin Daily Chart In most cases, if wave 5 is formed as a diagonal triangle, it will cause severe falls after the end of the process. So after recognizing these diagonal triangles in wave 5 - you can close your long trades at the right point and make good profits from short trading in corrections waves. Please like our tutorial and...
Hi everyone: Many have asked me about how to properly use trendlines to identify price action structures and patterns. So in today’s educational video, I will go over this topic in more detail. First, I use the trendline as a “frame” to identify structures and patterns, and NOT use it as a Support/Resistance. What I do is to put in the trendline for the highs...