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Top-Down Analysis (The CORRECT Approach!)In this video I go through how to effectively do a top-down analysis, and avoid common mistakes. This can apply to any type of trading methodology, but here the focus will be on ICT’s liquidity and inefficiency concepts. This topic is important to traders who are keen on improving their win-rate and catching those higher RR trades. Whilst those things don’t define a successful trader, only consistent profitability and sound risk management do, I believe an effective top-down approach to framing trades is a worthwhile endeavor. Better trade setups give you less stress, more profits, and more freedom of time. What is a "top-down analysis"? It is basically doing your analysis on a higher timeframe to get in line with where you or your strategy is showing price is likely moving to, then on a lower timeframe to wait for your trade setup to form, and then either entering on that timeframe or going to an even lower timeframe for an entry signal. For example, if the weekly chart is bearish, and you see a bullish candle on the hourly chart, you may be fooled into trading in the wrong direction. For the highest probability, you need to be in sync with the higher timeframe. My approach is split into 3 parts: 1. I have my BIAS which is built on the monthly, weekly, and daily timeframe. This helps me determine the direction I want to trade in. If my analysis is bullish, I want to look for longs, and vice versa for shorts. 2. Then I have my NARRATIVE, aka my ‘story’ of how my setup may form on a lower timeframe, usually the 1-4h timeframe. For example, I may be looking for a specific pool of liquidity to be swept at a certain time of the day. 3. Thirdly, I have my CONFIRMATION, which is usually based on the 5-15m timeframe. I hope you found this video insightful and that it helps enhance your trading. If you need clarification about the content, or you are still struggling with finding your groove as a trader and need personal guidance or mentorship, feel free to reach out to me via TradingView’s private message or on X (formerly known as Twitter). Til next time, happy trading. - R2F
Education
by Road_2_Funded
Observations on Technical Verses Fundamental Analysis:Trend Following and Growth Investing In Technical Analysis (TA), trend following is the equivalent of growth investing in Fundamental Analysis (FA). Further, in TA, mean reversion analysis ("overbought" and "oversold") is the equivalent of valuation ("overvalued" & "undervalued") in FA. In both trend following and growth investing, the focus is on finding the best trends (price in TA, revenues in FA), without regard to "value". Therefore, a trend follower will hold onto a trending stock, regardless of how "overbought" it gets, much like a growth investor will hold onto a growth stock, regardless of how "overvalued" it gets. Conversely, a mean reversion investor will buy stocks that are very "oversold" relative to some anchor, such as the 200-day average or 52-week high, regardless of the direction of the trend, while a value manager will buy stocks that are "undervalued" relative to some anchor, such as earnings or book value, regardless of current fundamental performance. In other words, both mean reversion and value investors are making the case that the trends (price or earnings) have simply gone too far and are unjustified. Understandably, we can see why trend following and mean reversion don't "work" at the same time, just as growth and value don't "work" at the same time. In the end, the line in the sand between TA and FA is ego. A pure TA investor accepts the verdict of the market in terms of what it deems fundamentally "attractive" visa vie the existence of either a positive price trend in a timeframe that is driven by fundamental trends (as opposed to short term trends and noise) or a magnitude of "oversold" momentum that overlaps with historical valuation measures. A FA investor, on the other hand, invests perhaps hundreds of hours developing a personal opinion of what is "attractive", and often finds him/herself at odds with the market's verdict. Since we can never make money until the market agrees with us, we can see then how a more holistic investor who has the wisdom to unite the strengths of trend following with growth investing (or mean reversion with value investing) is better off than those who use only one of those inputs. By leaning on trend, a growth investor will know when the market agrees with his/her painstakingly curated fundamental view, particularly when things are changing, most importantly from good to bad. Behavioral bias may prevent a growth investor from seeing the change in fundamentals that is being depicted by the change in price trend. Indeed, it is in this very moment (former highflying, expensive growth stock that breaks price trend in a meaningful timeframe) when "overbought and overvalued" conditions finally start to matter. David Lundgren, CMT CFA Chief Market Strategist Co-Host "Fill the Gap" podcast Shared content and posted charts are intended to be used for informational and educational purposes only. The CMT Association does not offer, and this information shall not be understood or construed as, financial advice or investment recommendations. The information provided is not a substitute for advice from an investment professional. The CMT Association does not accept liability for any financial loss or damage our audience may incur.
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AMEX:IWYEducation
by CMT_Association
13
The Truth Behind Why Do People Trade?Do you ever wonder why some people are so fearless when it comes to trading? It is not every day that you see someone trade with the same level of confidence and unbridled optimism as do traders. Whether you like it or not, the markets always have a presence in our lives. Although most of us try to avoid them, there are times when we end up entering them just for a few trades. After all, who would say no to free money? The real question here is why some people are so bold in their trading activities? Well, there are many factors that go into this unique behavior and answer lies within. Even though trading can be risky if you don’t know what you’re doing or how markets move, some people are willing to take those risks while others prefer playing it safe by not even touching anything financial related until they're absolutely sure about their long-term goals in life. These two different extremes are what drive every person’s need to trade as much as possible until they find the perfect balance. In this article, we will explore these different reasons that explain why individuals. KEY TAKEAWAYS Trading is your passion You can’t resist that free money You need to earn more money before retiring You want to protect yourself from market shocks You want to spend your savings Trading Is Your Passion Let’s face it, most of us are born with a passion for something. Whether it is music, sports, or even trading, you were born with a unique interest that you can’t help but put your heart and soul into. People with this passion may not even know what they want to do with their lives. As they get older, they begin to realize more and more about how the world works. Trading is one of those things that people never know about until they get involved with it. No matter where you are in the world, you can find a community of traders who share your passion. Trading allows you to make money while helping others achieve their financial goals. There are many trading pairs that people can take advantage of. If you are passionate about trading, this is a great way to make a living. You Can’t Resist That Free Money We all know the feeling. You are browsing your favorite crypto website when you see a banner ad that promises the best Bitcoin advice ever. You go to the page and find a guy who is talking about how to double your money in months using his proven strategy. He then writes a blog on how to do exactly that. The rest of the website is then filled with articles about how to get rich quick by trading crypto. You read it all and then finally get the nerve to try your hand at this new form of investment. You put in a small sum of money, wait for a price increase, and then sell your coins at a huge profit. A few days later, you are sitting back in your chair scratching your head wondering why you did that. This scenario is pretty common in the cryptocurrency trading world. It doesn’t matter what type of coin you are trading; people don’t mind selling at a loss if it means they can make a profit on the next buy. People who are excited about the potential of the market and can’t resist the free money are more likely to be investing in arbitrage opportunities that exploit these price gaps. You Need to Earn More Money Before Retiring Cryptocurrency trading can be very successful, but it’s not for everyone. For example, if you’re planning on retiring in a few years, trading could end up being a huge drain on your finances since there’s no guarantee that you’ll be able to retire early. That’s why it’s important to start investing now so that you can earn a decent amount of money before you have to start taking regular retirement payments. This is especially important if you have a high-risk job like working construction or as a truck driver. That way, you can earn enough money to retire without having to work until you’re much older than you would otherwise have to. You Want to Protect Yourself from Market Shocks The reason why some people decide to trade is because they believe that this is the only way they can protect themselves from large market shocks. Traders who invest in a certain strategy (such as short-term trading) may not be able to protect themselves from a major market crash. For example, if the market price of Bitcoin crashes and you buy a lot of Bitcoin on the way down, you won’t be able to short sell the same amount of Bitcoin when it goes back up. That’s because you’re already long on the same amount of Bitcoin. If the market crashes and you sell your Bitcoin short, you may end up voiding your short position because of a lack of Bitcoin. If the market price goes back up, you won’t be able to cover the short position and take a loss. That’s why it’s important to protect yourself against large market shocks. You Want to Spend Your Savings Some people just love to gamble. They see stocks and futures as a way to win at the casino and forget that they are playing with real people’s money. When you have a lot of money that you can’t really spend on anything, it’s easy to become a gambler. Many people who have a large amount of savings in the bank just don’t know what to do with it. They can’t bring themselves to spend it on something that will only bring them short-term pleasure. That’s why they often end up throwing their money into risky investments that might not pay off for years. Investing your savings in the stock market can bring big returns, but it’s also a high-risk activity. If the market crashes and you lose all your money, you will have no way to spend it on something that you enjoy doing. That’s why it’s important to spend your savings on something that will bring them some long-term value. Final Words The stock market is a risky business, and even the experts can’t predict the future. If you want to earn a lot of money, you should be ready to take risks. However, if you carefully investigate different investment opportunities, and do your research, you can protect yourself from losing too much money. When you are trading, you are putting money on the line, so you need to make sure it goes into a profitable investment.
NASDAQ:QQQEducation
by A1TradingHub
1
DECISION MAKING: SUPPLY AND DEMAND ZONEMaking day-to-day investment decisions is challenging enough without the added stress of trading. Whether you are a beginner or an experienced trader, the world of finance can be challenging. It’s not always easy to know whether your trading ideas are worth pursuing or not. Even experienced traders struggle to make the right investment decisions on a regular basis. This is where decision-making and trading strategy comes in. Understanding how to make the technical analysis and right trading decisions is essential in any trading career. The share market uses the technical analysis to test or forecast the price down trend or uptrend. Knowing how to determine the supply and demand zone is the critical factor in the technical analysis. The insights of supply and demand trading Supply and demand zones are a popular analysis technique used in day trading and considered as key indicators in the supply and demand trading. These zones are both supply zone or distribution zone and the demand zone or accumulation zone. They present the liquidity at a specific price. Key takeaways Markets are driven by supply and demand zones. Investors can use supply and demand zones to make purchases or sales decisions. The price drop begins and starts at the distribution zone. A bearish stock displays greater supply than demand and exhibits distribution. Buying pressure accounts for distribution, whereas accumulation reflects selling-side pressure. When a stock's price stops falling and starts moving sideways for a period of time, this signals that there is accumulation and that the stock may rise. Three NOTES for supply and demand trading When looking for stocks to buy, the first thing to determine is whether you're in a supply or demand zone. In a supply zone, the stock's price is above the bid price, while in a demand zone, it is below. The bid price is the amount a trader is willing to pay for a stock. Once you find the most active market supply and demand zones, you can identify the next thing you must do. You can either buy or sell depending on whether the trend continues or reverses in that zone. Understanding rally and drop patterns is the third aspect. When you see a pattern indicating a rally, you should buy high and sell low. When you see a pattern indicating a price drop, you should sell short. Strategies with the Supply and demand trading To make a bright decision and set your smart strategy in trading, a trader should definitely know what current socio-economic and political conditions are. This is paramount to being a successful trader. They should look at any economic or political disruption that could affect the trading environment, or question whether there are a lot of volatility in the markets or not. If the answer is yes, a supply and demand trading strategy might be used to make a good trading strategy with the breakout or range trading involved. When the market is stable and not extraordinary, a trading range may be used to describe it. The breakout is a supply and demand trading strategy when market conditions are expected to change. When markets open or close, day traders may have to watch for breakout formation of rectangular ranges when liquidity or volatility are higher. A limit order can be used to buy or sell stock at a set price. You can use price action entry to enter a position at a certain price or zone. Candlesticks are used to enter positions with price action. Using candlesticks as a strategy is more effective. Bottom Line There are a lot of factors that can affect your trading success and trading strategy. You need to make sure that you’re looking at the right factors when examining your data. You also need to make sure that you’re staying away from automated trading strategies. These are the two factors that are going to make the biggest impact on your trading success. You need to know where the supply is at and the demand. You should understand the factors that are affecting the market and the future support and resistance levels. This is the only way to make the correct trading decisions.
NYSE:SNAPEducation
by A1TradingHub
2
What is a breakout? #breakout #Candlestick #TA #Tocademy Hello. This is Tommy. The lecture material I prepared today is a concept that must be well informed by TA(Technical Analysis) traders, especially in recent market where untraditional patterns, price actions and trends, as we call ‘scam moves’ occur all the time. I bet you are familiar seeing retail traders or chart analysts shouting “breakout!”. In order to derive market trends and price action/momentum, we find millions of technical variables such as trendline, channel, Fibonacci retracements, pivot levels, and other indicators, etc. Then we seek for behavior of price action by observing whether these variables are kept valid (not broken) or become invalid as soon as they are broken. Understanding and utilizing this behavior, we make trading decisions by deducting optimal zones to enter position(support/resistance), set stoploss/target price(bottom/top), and statistically giving weights on particular scenarios. In TA world, breakout means that the price has pierced through certain variables. It is commonly known that when the technical factors are broken, additional price momentum is expected towards the direction of the breakout. As the example above, let’s say that we found a falling trendline that are being formed, meaning that at certain point or area, trendline keeps pushing the price down forming LH(Lower High)s. As soon as the price pierce through the trendline, meaning that the trendline failed rejection, we say “trendline is broken above” and can expect more bullish rally. The direction of the trend would be vice versa when trendline under the price is broken below. So, we buy when PA is broken above and sell when PA is broken below. That sounds so simple huh? If it was that easy, everyone would be rich right now. I'm sure most of you reading this post are already aware that it's never easy. Why? It’s simple. In this world, there is no such thing as 100% “breakout”. To put it simply, everything we do based on the technical chart is somewhat relative, abstract, and subjective concept. It’s not like breakout has 100% succeeded, or failed but rather is more like breakout has succeeded in 60~70% chance. In other words, there are more than two possible future cases when we search and utilize breakout behavior. So, we traders need a reliable standard to statistically quantify the ‘degree of breakout’. The most basic way according to the ‘textbook’ is to consider closing price of candlestick firstly crossing the variable. As the price of the candlestick closes above the trendline as case 3, we give a decent weight on breakout scenario. However, case 2 is the one that confuses us every time. This is when the price did pierce through the trendline but closes below, usually leaving a long tail as a trace which sometimes is interpreted as a whipsaw. As soon as this happens, we have to admit that the chances and reliability is definitely lower than the case 3. It might be regarded as a false breakout or a noise if the trend continues afterwards and it might not actually. It’s a 50:50 call I would say. When you encounter case 2, to give you a little tip, try waiting a little more to observe next following candles. If the next following candlesticks keep closing prices below, I would raise the probability that the breakout is a false one. In fact, it is best to just not give any meaning on breakout in case 2. It itself is a risk to confirm whether the breakout is successful, not successfully, or false and thus try not take aggressive trades in this very case. Thank you for reading my posts. Trade Well! Your likes, comments, and subscriptions are the greatest motivations for me to upload more posts.
Editors' picks
BITMEX:BTCUSD.PEducation
by Tommy_Trader
192
Chart Analysis is not a gambling! Reason why TA is greatHello traders. This is Tommy. Today, I prepared the most basic and at the same time essential materials that every trader should know. Trading is literally the act of exchanging or trading something with a certain value. If we look at the history, we humans have always traded something within the social community from the Neolithic Age to develop into a better civilization or for individual survival when we have enough food or assets. When the surplus accumulation and self-sufficiency economy due to food production was formed, even before the concept of currency or money, buying and selling (trading) was always with us. But when we trade, it is not a reasonable thing to do if we lose money when you buy or sell something, right? We humans have always traded at a value or price that is commensurate with supply and demand, within this immutable fence. And we, who are full of greed, have been trading in such a way as to somehow benefit ourselves a little bit more. In a way, I think this is the basic idea of capitalism. Anyway, our ancestors naturally oriented trades for profit, sometimes seeing losses and sometimes profits through these transactions. And suddenly realized. “Ah, the quantity demanded, and the quantity supplied change over time. Because of this, all objects in this world, even abstract ones, change in value over time. Oh, I can make money if I use this well?” A culture of profit taking has naturally been formed thanks to those who possess the temperament of smart entrepreneurs. In this way, the economy and financial markets were eventually born, and several market participants came in for the sole purpose of generating profits, that is, for investment purposes. People who have properly understood the market principle of supply and demand have been trading with certain standards to make money with it. Some people can trade by the weather (buy when it's sunny, sell when it's raining), some by rolling the dice (buy when it's high, sell when it's low), and someone just by feeling. Of course, economists studied after realizing that trading on unreliable and absurd standards would eventually destroy them. And realized it. “Ah, let’s find the right standard to set the standard. From what I've seen so far, does it make money by trading based on the information about the product and the value of the product that changes every moment? Let’s dig into it properly!” And they created a great science. Analysis through information, Fundamental Analysis (FA), analysis through charts, that is, past transaction data, and Technical Analysis (TA: Technical Analysis). FA is an analysis method that determines whether a product's current intrinsic value is overvalued or undervalued. For example, when we want to invest in a company, that is, if we want to buy shares or stocks in that company, we must first estimate the company's growth potential and potential, right? To do this, you must make a final investment decision by referring to the company's financial indicators, good news/bad news, past asset/revenue growth rates, etc. On the other hand, TA is a method of making investment decisions by referring to various theories and indicators with meaning in charts that intuitively show past price movements and momentum. Of course, it would be the best to do both FA and TA, but in these days, retail traders and individual investors, like us, have time/technical limitations to receive information, analyze it, and immediately reflect it in investment. It is not enough that there are various kinds of false information to deceive the traders, and even if it is reliable information, it is highly likely to start at a loss even if it is received a little later than others. It is useful to spot large market trends in the long run, but when this information reaches the public, it is likely that it has already been priced in by institutions (Big Parties). Without huge information power or a computer that can perform FA quickly and accurately, it is difficult to survive in this market with only FA. There is a risk that is too great to carry out an investment with only one FA standard. Therefore, to make a successful investment decision, you need to find a more precise trading position through TA, and in the end, if you are a skilled investor, you must learn TA. The dictionary meaning of TA is known as a technique for predicting future market trends by examining a tool called a chart that digitizes the overall price volatility and momentum of a product. I'm someone who doesn't fully agree with this meaning. The term “prediction” itself is a very dangerous word. Even the most talented investors in the world cannot predict future prices unless they are gods. Technical analysis is closer to the realm of response than prediction. For this reason, our traders look at the charts and always have various possible scenarios in mind and come up with appropriate countermeasures accordingly. With less than 10 years of trading experience, if I dared to define the meaning of the term technical analysis, I would like to say: Personally, all TAs are based on historical data, and through various theories (or methodologies) and technical indicators, first, probabilistically identify the market trend, that is, whether the price is an upward trend or a downward trend, and then determine the price action, that is, support resistance. I think it is an analysis technique that derives the sections with high probability. Some of you may have questions like this. “No, how do you find a trend and price action interval by looking at only historical data?” This is the reason I fell in love with market analysis. This study called technical analysis is a technique that statistically patterned and quantified the psychology of investors (greed, doubt, fear, etc.) with a lot of data from the past. Surprisingly, external variables that can affect the market, such as good news/bad news, are also reflected in this probabilistically. There have been many times when I have felt the greatness of technical analysis, and there were many times when good news/bad news came out amazingly at just the right timing in situations where there was no choice but to rise or fall referring to the chart. Of course, there are situations where Big Parties leak news to the media to take advantage of popular psychology, but even the pattern, timing, or frequency of such good news and bad news is reflected in the study of technical analysis. Anyway, once you have probabilistically derived the market trend and price action section through TA, you need to design a trading strategy according to the situation. There are words that I keep emphasizing like nagging. Just looking at the charts doesn't mean you're good at trading. This trading strategy includes how to structure the portfolio, how to design the profit/loss ratio/range, how much seed to enter, high/low multiplier, and how to set up profit/loss response strategies. In addition, a well-designed principled strategy is essential to prevent non-thinking trading. This principled strategy is easy to design, but incredibly difficult to follow and implement. No matter how well technical analysis and trading strategies are formulated, these principles are of no use if they are not well designed or adhered to. There are individual differences, but honestly, I don't think there is an answer to the principle strategy other than learning or mastering it through long-term practice or entrusting your own technical analysis/trading strategy to a machine/computer/algorithm. The fewer human emotions are involved, the higher the success rate, but how can you trade without emotions when your money is at stake? It's hard. One tip is to start trading with a small amount that you don't mind losing if you want to learn principle trading well. It doesn't matter if you lose it, so you'll be less empathetic that much, and you'll be able to increase a seed little by little. We must become traders who always think of risks (losses) before rewards (returns). Please keep this word in mind. For example, in a trading setup that costs 10 million dollars if you make a profit and 10 million dollars if you lose, rather than a mindset like “Oh, I want to win 10 million dollars quickly~”, “I may lose 10 million dollars. You must trade with the mindset of “Let’s be prepared.” This will naturally match the seed to your bowl. Then I'll wrap up for today. Until now, this was Tommy of the Tommy Trading Team. Your subscriptions, likes, and comments are a big help to me. Thank you.
Editors' picks
BITMEX:BTCUSD.PEducation
by Tommy_Trader
77
RSI Indicator & How To Use ItHello everyone, today, we´re gonna talk about an RSI and how to use it. What is an RSI? Basically, it´s an indicator that shows if the asset is overpriced or underpriced. Basic information RSI is 0-100 if the price is at 0-30, the asset is underpriced and theoretically it should go up. if the price is at 70-100, the asset is overpriced and theoretically it should go down. Professional information You can set an MA based or RSI moves. And this is getting really interesting right now :) Every time, the MA is touching bottoms or tops of RSI, it will go up or down (touch bottom = go up, touch top = go down.) It works like an ball and floor. You just drop the ball on the floor and everytime the ball touches the floor, ball will just bounce and go up. I drew it to the chart (green circles). Okay guys, seems like we are in the end. Hope this helped you to make greater decisions and take good view at RSI. Personally, I use RSI a lot and it´s really saving my a$$. Thank you so much for reading my post, I´ll be really glad if you will hit that like button and follow me, so you can see other tutorials. Have a nice rest of your day and stay safe. Tommy.
CAPITALCOM:OIL_CRUDEEducation
by TommyTK247
Top Crypto Influencers To Follow In 2021(🔴PART 2)Hi guys As I promised in the previous post about influencers, I also posted the second part for you, there are 6 other people on my list, and if the number of likes reaches 270, I will post it for you as well. ✨1.Loomdart(@loomdart) Loomdart is a cryptocurrency analyst and veteran trader who has been actively dishing out well-researched, pertinent trading and investment tips and strategies on Twitter since mid-2014. ✨2.Starbust(@cryptostardust) Also known as Inversebrah in the crypto community, Starbust can only best perfectly described a crypto memes connoisseur. Much to the amusement of his thousands of followers, Starbust's online persona brings a satirical and comical twist to the often over-serious and overcomplicated debate on cryptocurrencies and his popularity is only rising, so you might want to follow him to a laugh or two ✨3.Lil Bubble(@TheCryptoBubble) Popularly known for producing parody versions of famous songs by the likes of Blink 182 and Avil Lavigne, Lil Bubble is undoubtedly the biggest satirist in the cryptocurrency space with hits like All Time Lows and Liquidated pushing him into an bigger online stardom. His productions can be found on Instagram and Twitter. ✨4.Altcoin Sara(www.youtube.com) Sara is a rare female face in the crypto space and one of the community’s biggest advocates through initiatives like the Altcoin Buzz Ladies YouTube channel, where she discusses cryptocurrency news, provides market analysis and offers a platform for alternative perspectives in the world of blockchain. ✨5.Credible Crypto Your main stop for understanding crypto trades, trends, and the marketplace at large is none other than Credible Crypto. Through his relentless quips on Twitter, Credible Crypto shares market analysis and investing advice with a healthy dose of humor thrown into the mix. He also does a superb job at breaking down key concepts and delivering a simple and approachable strategy to crypto investments and business ✨6.Changpeng Zhao(@cz_binance) More commonly known as "CZ", this business executive is none other than the founder and CEO of the world's largest cryptocurrency exchange - Binance. With an impressive track record in software development and trading for Bloomberg, CZ also found success while working at Blockchain.info before moving on to found his own startup. He frequently shares his wealth of knowledge on Twitter, earning him a solid spot on this list of crypto influencers. ✨7.Nicholas Merten(@Nicholas_Merten) Nicholas Merten is the founder of DataDash, the largest and arguably one of the most influential YouTube channels solely dedicated to covering crypto-related news. He's equally active on Twitter. ✨8.Roger Ver(@rogerkver) Another early investor, Ver has supported a number of cryptocurrency startups and projects over the years, cementing his status as 'Bitcoin Jesus' (as he likes to proclaim himself). He's also a leading digital philanthropist after major donations toward economic education. He currently serves as CEO of Bitcoin.com and you can find him Twitter. ✨9.Vitalik Buterin(@VitalikButerin) The co-founder of Ethereum (and the world’s youngest known crypto billionaire), boasts a massive online following, in large part due to his outspoken and opinionative views. The Canadian-Russian programmer isn’t exactly shy when it comes to stoking debate over some of the crypto industry’s most controversial aspects and has been praised for tackling sensitive issues head-on. He uses his platform to put pragmatism and principles before crypto politics. Buterin has also become a leading crypto philanthropist, making hefty donations to major causes. Follow him on Twitter, where he tends to drop some pretty big announcements. ✨10.Gavin Andresen(@gavinandresen) Primarily known for his crucial contribution toward developing Bitcoin during its initial phase, Gavin Andresen was considered Satoshi Nakamoto’s right-hand man, taking over from the Bitcoin founder after his abrupt departure from the project in 2010. Andersen then went on to become the face for Bitcoin as it exploded into mainstream consciousness. He’s since gone into semi-retirement but still plays a big and influential role as Chief Scientist at the Bitcoin Foundation. You can find him on Twitter.
BITSTAMP:BTCUSDEducation
by seyed_mehdi
Education excerpt: Relative Strength IndexEducation excerpt: Relative Strength Index General information The Relative Strength Index ( RSI ) is a momentum oscillator that was introduced by J. Welles Wilder in an article published in Commodities magazine in June 1978. The Relative Strength Index measures the velocity of directional price movement and is commonly used in conjunction with a daily bar chart. However, it can be utilized on a bar chart with any particular time frame. The concept of this oscillator is based upon an idea of an asset being oversold or overbought. Generally, tops and bottoms are indicated when the RSI goes above 70 or drops below 30. Although, failure swings above 70 or below 30 can imply possible market reversal. Similarly, divergence between the RSI and price action on the chart can signal a market turning point. Chart formations and support and resistance often show up graphically on the RSI despite the fact that they may not be apparent on the bar chart. The slope of the momentum oscillator is directly proportional to the velocity of the move. Thus, the distance traveled up or down by the RSI is proportional to the magnitude of the move. The horizontal axis represents time and the vertical axis represents distance traveled by the indicator. The RSI moves slowly when the market continues its directional movement . However, once price is at the market turning point, RSI tends to move faster. Calculation The Relative Strength Index is commonly calculated using the close price of a 14 day period. The equation for its calculation involves several components. These are: • Average up closes • Average down closes • Relative strength Relative Strength ( RS ) = (average of 14 day's closes up/average of 14 day's closes down) Relative Strength Index ( RSI ) = 100 – Calculation begins with obtaining the sum of the up closes for the previous 14 days. This sum is then divided by the number of days used in calculating the generating figure for average up closes. Similarly, the sum of the down closes for the previous 14 days is divided by the number of days used in calculating the generating figure for average down closes. After these two operations are conducted, the average up days are divided by the average down days resulting in the value of the Relative Strength ( RS ). The number 1 is then added to the value of RS . Next, 100 is divided by the new amount of RS . The resulting figure is subsequently subtracted by 100 generating the value of the Relative Strength Index ( RSI ). From this step on, the previous value of average up closes and average down closes can be used to generate the next value of the RSI . In order to calculate the next average up close, the previous value of average up closes is multiplied by 13 and the present day average up close is added to this figure. This value is then divided by 14 generating the value for the new average up closes. In similar fashion, the new average down close is calculated by multiplying the previous average down closes by 13. Today's down close is then added to the figure. The resulting figure is again divided by 14 to generate the new average down close. After that, the same steps indicated to calculate the initial RSI need to be followed. Divergence When trend is prevalent and two indexes (or index and price) are going simultaneously either up or down they exhibit positive correlation. However, when this correlation breaks and one index (or price) keeps going up while another index reverses down divergence is said to occur. Technical analyst should pay attention to this instance as it sometimes has abillity to foreshadow upcoming reversal in trend. Though, there are many instances when divergence occurs and reversal in price trend fails to materialize. For this reason some analysts like to implement concept of double divergence. Double divergence There are many instances when price continues its rise and analyst can observe oscillator or idex to fall only to see it later climb back up in tandem with price. (same applies to the opposite situation when price falls and index or oscillator starts to rise) The divergence occured but price trend remained intact. Because the divergence can be misleading, some analysts preffer to wait for the second divergence before placing their entries or exits. Disclaimer: This content serves only educational purpose.
BITSTAMP:BTCUSDEducation
by fxpremiere
Education excerpt: Relative Strength IndexGeneral information The Relative Strength Index (RSI) is a momentum oscillator that was introduced by J. Welles Wilder in an article published in Commodities magazine in June 1978. The Relative Strength Index measures the velocity of directional price movement and is commonly used in conjunction with a daily bar chart. However, it can be utilized on a bar chart with any particular time frame. The concept of this oscillator is based upon an idea of an asset being oversold or overbought. Generally, tops and bottoms are indicated when the RSI goes above 70 or drops below 30. Although, failure swings above 70 or below 30 can imply possible market reversal. Similarly, divergence between the RSI and price action on the chart can signal a market turning point. Chart formations and support and resistance often show up graphically on the RSI despite the fact that they may not be apparent on the bar chart. The slope of the momentum oscillator is directly proportional to the velocity of the move. Thus, the distance traveled up or down by the RSI is proportional to the magnitude of the move. The horizontal axis represents time and the vertical axis represents distance traveled by the indicator. The RSI moves slowly when the market continues its directional movement. However, once price is at the market turning point, RSI tends to move faster. Here is depiction of the weekly chart of USOIL: It is clearly observable that peak in RSI often coincides with peak in the price. Similarly, trough in RSI is often accompanied by trough in the price. Calculation The Relative Strength Index is commonly calculated using the close price of a 14 day period. The equation for its calculation involves several components. These are: • Average up closes • Average down closes • Relative strength Relative Strength (RS) = (average of 14 day's closes up/average of 14 day's closes down) Relative Strength Index (RSI) = 100 – Calculation begins with obtaining the sum of the up closes for the previous 14 days. This sum is then divided by the number of days used in calculating the generating figure for average up closes. Similarly, the sum of the down closes for the previous 14 days is divided by the number of days used in calculating the generating figure for average down closes. After these two operations are conducted, the average up days are divided by the average down days resulting in the value of the Relative Strength (RS). The number 1 is then added to the value of RS. Next, 100 is divided by the new amount of RS. The resulting figure is subsequently subtracted by 100 generating the value of the Relative Strength Index (RSI). From this step on, the previous value of average up closes and average down closes can be used to generate the next value of the RSI. In order to calculate the next average up close, the previous value of average up closes is multiplied by 13 and the present day average up close is added to this figure. This value is then divided by 14 generating the value for the new average up closes. In similar fashion, the new average down close is calculated by multiplying the previous average down closes by 13. Today's down close is then added to the figure. The resulting figure is again divided by 14 to generate the new average down close. After that, the same steps indicated to calculate the initial RSI need to be followed. Here is depiction of the monthly chart of copper futures market: Similarly like in the previous example positive correlation between peaks and troughs in RSI and price is observable. Divergence When trend is prevalent and two indexes (or index and price) are going simultaneously either up or down they exhibit positive correlation. However, when this correlation breaks and one index (or price) keeps going up while another index reverses down divergence is said to occur. Technical analyst should pay attention to this instance as it sometimes has abillity to foreshadow upcoming reversal in trend. Though, there are many instances when divergence occurs and reversal in price trend fails to materialize. For this reason some analysts like to implement concept of double divergence. Here is example of the divergence that we mentioned in our idea on 30th June 2021: Double divergence There are many instances when price continues its rise and analyst can observe oscillator or idex to fall only to see it later climb back up in tandem with price. (same applies to the opposite situation when price falls and index or oscillator starts to rise) The divergence occured but price trend remained intact. Because the divergence can be misleading, some analysts preffer to wait for the second divergence before placing their entries or exits. Disclaimer: This content serves only educational purpose.
Editors' picks
OANDA:XAUUSDEducation
by Tradersweekly
43
TradingView Hotkeys That I Use The MostHi, Just wanted to point out some TradingView hotkeys that I use the most: * ALT + H = Horizontal line - a great way to quickly mark the round numbers on your chart or tight support/resistance areas. * ALT + V = Vertical line * ALT + T = Trendline * ALT + I = Invert the chart - probably the most interesting hotkey. Do you have some trouble taking "SELL" ideas? You are more kinda "BUY-guy" or vice-versa. In TradingView you can turn your chart upside down and see does it look good if you would want to buy it. Sometimes, it is quite a big help. * ALT + S = Take a screenshot of your chart * ALT + F = Fibonacci * ALT + W = Put the chart to the watchlist - seeing something interesting you can add it quickly to your watchlist. * ALT + A = Set the alert * SHIFT + CLICK = Measure tool Regards, Vaido
Editors' picks
COINBASE:BTCUSDEducation
by VaidoVeek
99
Price Oscillator StrategyThe Price Oscillator uses two moving averages. ✔ One shorter-period, and one longer-period. ✔ When 2 MAs cross each other the PO reads 0. The Price Oscillator technical indicator can show overbought and oversold areas. Strategy: Only go long in an uptrend. Only go short in a downtrend Uptrend strategy: Look for an oversold situation to open a buy position. Close when get to overbought then close some more when crossing back to the zero line. Downtrend strategy: Look for an overbought situation to open a sell position. Close when get to oversold then close some more when crossing back to the zero line.
Education
by apadanaforex
2
What is the Wyckoff Method? #2 Distribution SchematicDistribution Schematic In essence, the Distribution Schematics works in the opposite way of the Accumulation, but with slightly different terminology. Wyckoff method distribution schematic Phase A The first phase occurs when an established uptrend starts to slow down due to decreasing demand. The Preliminary Supply (PSY) suggests that the selling force is showing up, although still not strong enough to stop the upward movement. The Buying Climax (BC) is then formed by an intense buying activity. This is usually caused by inexperienced traders that buy out of emotions. Next, the strong move up causes an Automatic Reaction (AR), as the excessive demand is absorbed by the market makers. In other words, the Composite Man starts distributing his holdings to the late buyers. The Secondary Test (ST) occurs when the market revisits the BC region, often forming a lower high. Phase B Phase B of a Distribution acts as the consolidation zone (Cause) that precedes a downtrend (Effect). During this phase, the Composite Man gradually sells his assets, absorbing and weakening market demand. Usually, the upper and lower bands of the trading range are tested multiple times, which may include short-term bear and bull traps. Sometimes, the market will move above the resistance level created by the BC, resulting in an ST that can also be called an Upthrust (UT). Phase C In some cases, the market will present one last bull trap after the consolidation period. It’s called UTAD or Upthrust After Distribution. It is, basically, the opposite of an Accumulation Spring. Phase D The Phase D of a Distribution is pretty much a mirror image of the Accumulation one. It usually has a Last Point of Supply (LPSY) in the middle of the range, creating a lower high. From this point, new LPSYs is created - either around or below the support zone. An evident Sign of Weakness (SOW) appears when the market breaks below the support lines. Phase E The last stage of a Distribution marks the beginning of a downtrend, with an evident break below the trading range, caused by a strong dominance of supply over demand. Outcome: Naturally, the market doesn’t always follow these models accurately. In practice, the Accumulation and Distribution Schematics can occur in varying ways. There may be delays in some phases. Still, Wyckoff’s work offers a wide range of reliable techniques, which are based on his many theories and principles. It is certainly much more than a TA indicator. In essence, the Wyckoff Method allows investors to make more logical decisions rather than acting out of emotions. The extensive work of Wyckoff provides traders and investors a series of tools for reducing risks and increasing their chances of success. Still, there is no foolproof technique when it comes to investing. One should always be wary of the risks. Best regards EXCAVO
BEducation
by EXCAVO
18
🏋️ 10 STEPS HOW TO DRAW TREND LINE IN 5 MINUTES [WRX — WazirX]Hello, have you familiar with 10 steps technic how to draw trend line in 5 minutes?! — I am not 😅 But in this 7 min video I explained how to make Simple TA for any asset using TradingView basic tools to understand where it goes. In this video: 1. How to draw trend line 2. Descending Wedge (Falling Wedge) 3. WazirX WRXBTC coin analysis, entries and targets. Previous WRX analysis and HOW TO MAKE TA in 10 min: Have fun, enjoy your trading This is Artem Crypto
WEducation
by ArShevelev
10
🔰Channel is an element of technical analysis🔰 Let's recall my previous TA ideas and more 👇🏻👇🏻👇🏻 T oday we are talking about channels. Come on💪🏻 Technical analysis defines a “channel” as a corridor in which a price chart moves limited by the support line below and the resistance line above. There are three types of channels: 📌bullish channel 📌bearish channel 📌sideway or range (flat, trendless) The channel breaks, when the price breaks through either support or resistance. Breaking resistance on the bull channel is a good signal to buy. For a bear channel the opposite is true. With the side channel, the signal is less strong. If we break through support on the bullish channel and resistance on the bearish, we get a weak sell / buy signal (it is better to get confirmation from other indicators). In addition, you can play inside the channel, observing two rules: ⭐the longer the price moves in the channel, the more likely it is to exit it; ⭐play better towards the main trend. If you like my edu posts, put me like and subscribe on me💪🏻❤ Stay in touch💋 Your Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
16
💁🏻‍♀️The resistance and support lines🤷🏻‍♀️ Hi, guys! 👋🏻👋🏻👋🏻We continue introduce newcomers with technical analysis and repeat the TA with “oldones”. 😆😆😆 🙌🏻Today we’ll talk about support and resistance levels. Let's go💪🏻 The resistance and support lines are the foundation of the classic technical analysis. All trend lines, models and figures are just combinations of resistance and support lines. A resistance line connects important market highs. It occurs at a time when customers are either no longer able or unwilling to buy at higher prices. Simultaneously with each ascending movement of the price, resistance of sellers increases and sales increase, which also puts descending pressure on the price. The upward trend stops and, as it were, rests on an invisible ceiling, which it cannot penetrate at the moment. If the bulls gather their strength or the bears weaken their grip, then the price is likely to break through the previously established resistance level. Otherwise, the reverse price movement (the so-called "rollback") is inevitable. The support line connects important lows (bottoms, soles) of the market. The emergence and existence of support lines is exactly the opposite of resistance lines. Here the “bulls” change places with the “bears”. Sellers are active players in the market who push the price down, while buyers are the defending side. The more active sellers are and the more passive buyers, the higher the likelihood that the level of the support line will be broken and the price will go further down. The lines of resistance are always above, the lines of support are below. If both the resistance line and the support line are strong and hold long enough, then depending on their combination, various images and associations arise, which give the name to trending models and figures. It should be noted that it is better to draw support / resistance lines on the charts through the zones of price accumulation, and not through maximum emissions. A massive accumulation of prices shows the behavior of the determining mass of traders, and emissions are just the panic actions of the weakest market participants. It should also be noted that the values of the levels are stored in the memory of traders and if some time when some events occurred when approaching a certain level, then the next time when approaching the same level there is a high probability that the trader will perform actions in that direction, where the price was moving the previous time. The more times a trend encounters its resistance or support, being unable to overcome them, the stronger signal about the weakness of the trend we receive, and the greater the likelihood of a reversal in the future. Often resistance changes places with support, and support changes with resistance. It's all about psychological factor. I hope you were interested and learned something new 😸, are U?🤔 Subscribe and put me like💋💋💋 Stay in touch⭐ Your Rocket Bomb🚀💣 My previous idea👇🏻👇🏻👇🏻
BITSTAMP:BTCUSDEducation
by RocketBomb
9
⚡ANALYTICAL METHOD OF TECHNICAL ANALYSIS⚡ Hi, friends.💋💋 I'm glad to welcome you on my page.👋🏻 Have a great weekend😉. Saturday and Sunday is a great time for development, 💪🏻💪🏻💪🏻the market is mostly not very active, I suggest you continue to consider 📊 technical analysis methods.📊 💥We already know what are the main methods of technical analysis. 💥Advantages and disadvantages of technical analysis 💥We started studying graphical analysis methods. 😉 Today it's time to talk about analytical methods .😉 Analytical methods include methods that use filtering or mathematical approximation of time series. 👉🏻The main tool of analytical methods is an indicator , which is a set of functions from one or more basic time series, with a specific time "window". 📌Trend indicators These indicators include indicators used to measure the trend, its strength and duration. A classic example of trend-confirming indicators is the moving average. This class includes such well-known indicators as MACD, Directional Movement, Parabolic and others. 📌Volatility indicators Indicators of the second category are used to measure of price volatility of the underlying asset. Variability is a concept that describes the magnitude of daily price fluctuations independent of the main direction. These indicators include: Chaikin's Volatility, Standard Deviation, Bollinger Bands. 📌Moment indicators Representatives of this category are used to measure the rate of price change over a certain period of time. These are, first of all, Momentum Indicator, Relative Strength Index (RSI) and Price Rate-Of-Change (ROC). 📌Cycle indicators These indicators are used to identify cyclic components and their length. These are Fibonacci Time Zones, MESA Sine Wave Indicator, and others. Such indicators work well only on sideways trends. These indicators are very important for futures traders working in commodity markets for sugar or oil grains - in markets with a very high cyclical component. 📌Market strength indicators It uses either the volume of transactions or the number of open positions as one of the basic independent variables. Indicators of this category, based on a series of volume data, give signals about the strength of the current trend. Indicators in this category include On Balance Volume, Volume Accumulation, and others. 👉🏻⚡ Don't use indicators, especially those that are built solely on the basis of price. It is especially scary to look at screenshots of the working terminals of some traders, which are literally littered with various indicators. Price in itself is a great indicator. All price indicators are late and show virtually the same thing. If you do not see what the price shows, then the indicators will not help you. Indicators help only those who understand the essence of price movements, and that, only as a hint, and not the main tool for making trading decisions. 😸I hope you were interested and informative. Stay with me, I still have a lot of interesting things for you💁🏻‍♀️ Subscribe and put me like, I try hard for you 💋💋💋 Your Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
6
💹Graphical technical analysis💹👋🏻Hi friends.☺ Glad to see you on my page! 🤗 👊🏻Today I decided to share with you another educational post.👊🏻 ⚡Continues the topic of TA methods. We consider each of them in more details. And start with the graphic method. 🧐 💹Graphical technical analysis is the analysis of various market graphical models formed by certain patterns of price movements on charts, with the goal of assuming the likelihood of a continuation or change of an existing trend. 📗 👉🏻Classical figures of technical analysis are divided into: 🤜🏻confirming a trend reversal; 🤜🏻confirming the continuation of the trend; 🤜🏻confirming the possibility of both a reversal and a continuation of the trend. Each model has its own specific mechanism of education and a certain graphic form. The dynamics of the volume of transactions is a confirming factor in the existence of a certain model. All models find an explanation from the point of view of the psychology of market participants. Despite the apparent simplicity of this method, it shows good results. The main disadvantage of this method is that it is very subjective. 🤜🏻 – TREND REVERSAL PATTERN 📌Head & Shoulders Pattern 📌Triple and double top ♦Triple Top it often happens that the third attempt is successful for breaking through support / resistance. ♦Double Top : after exiting the figure, market fluctuations are visible. At this time, the opening of long positions. 🤜🏻– CONTINUATION OF THE TREND 📌"Flag" 🤜🏻 – BILATERAL PATTERNS - POSSIBOLITY OF BOTH A REVERSAL AND CONTINUATIONA OF THE TREND Such figures have the appearance of a triangle and are divided into converging and diverging triangles. The triangle itself is the most common trend pattern. 📌Triangles These are not all possible figures of technical analysis. In the next post I'll tell you more.❤❤❤ I try very hard for you!🤗😍 If you noticed, that I put my soul into every post, put like me, I really appreciate you !!!☺☺☺ I'm very interested, how many people like my educational posts.🧐🧐🧐 I'll try even better for you !!!💋💋💋💋 With love😍😍😍 Your Rocket Bomb🚀💣 ⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡⚡ 🔥🔥🔥🔥🔥🔥Homework:🔥🔥🔥🔥🔥🔥 find on the chart of any coin the patterns that I talked about in my post !!!
BITSTAMP:BTCUSDEducation
by RocketBomb
10
🌠 Methods of Technical Analysis 🌠 👋🏻👋🏻Hello friends, we continue study together ❤❤ And we look further at the technical analysis.👌🏻 Today we'll analyze the main methods of technical analysis. You can choose for yourself the most convenient. Further, we'll consider in more detail each of them) LET"S Go)🚀🚀🚀 Graphical technical analysis is the analysis of various market graphical models formed by certain patterns of price movements on charts, with the goal of assuming the likelihood of a continuation or change of an existing trend. 👉🏻👉🏻👉🏻Classical figures of technical analysis are divided into: ⚡confirming a trend reversal ⚡confirming the continuation of the trend ⚡confirming the possibility of both a reversal and a continuation of the trend 👉🏻👉🏻👉🏻The main tool of analytical methods is an indicator, which in turn is a set of functions from one or more basic time series, with a specific time "window". ⚡Trend indicators These indicators include indicators used to measure the trend, its strength and duration. A classic example of trend-confirming indicators is the moving average. This class includes such well-known indicators as MACD, Directional Movement, Parabolic and others. ⚡Volatility indicators Indicators of the second category are used to measure the measure of price volatility of the underlying a sset. Variability is a concept that describes the magnitude of daily price fluctuations independent of the main direction. These indicators include: Chaikin's Volatility, Standard Deviation, Bollinger Bands. ⚡Moment indicators Representatives of this category are used to measure the rate of price change over a certain period of time. These are, first of all, Momentum Indicator, Relative Strength Index (RSI) and Price Rate-Of-Change (ROC). ⚡Cycle indicators These indicators are used to identify cyclic components and their length. These are Fibonacci Time Zones, MESA Sine Wave Indicator, and others. Such indicators work well only on sideways trends. These indicators are very important for futures traders working in commodity markets for sugar or oil grains - in markets with a very high cyclical component. ⚡Market strength indicators It uses either the volume of transactions or the number of open positions as one of the basic independent variables. Indicators of this category, based on a series of volume data, give signals about the strength of the current trend. Indicators in this category include On Balance Volume, Volume Accumulation, and others. Wave analysis is based on the notion that markets follow certain patterns called waves, which are the result of the natural rhythm of mass psychology that exists in all markets. There are several advanced wave theories. The essence of the Elliott Waves is that prices alternate between the phases of the momentum, which establish the trend, and the phases of correction, which adjust the trend. The simplest and clearest description is that the pulse phase contains 5 smaller waves, and the correction phase contains 3 smaller waves. NeoWave is an extension of Elliott Wave concepts to reduce subjectivity. In fact, wave analysis has nothing to do with the market. At least in the modern world. This theory once worked, but not now. Although it attracts a lot of people with its simplicity and visibility. Now you will not find two wave operators that would give the same market assessment and forecasts. So many directions and methods of wave analysis have formed today. Wave analysis is an artificially invented method for predicting markets, that is, not natural even for human behavior. If you use it, then be extremely careful. To say that wave analysis does not work is too subjective. Each for himself decides what and how to use. Right or wrong - the market will judge by adding or taking money to the account. ❤I hope you understand everything and you liked it.❤ 🥰Then put me like and subscribe, and who is already with me - you're great, I love you)❤ I'm waiting for everyone in the next training post !!!😍 🔥Have a nice day, everyone! Don't forget to evolve everyday, I watch on U🧐!! Stay in touch🙃 Kiss U 💋 Your Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
9
⭐Technical Analysis (TA)⭐ 👋🏻Guys, we recently finished considering the basic trading methods. 👇🏻 I suggest starting a new section. 💪🏻One of the most important for the trader. ✌🏻Fundamentals of Technical Analysis (TA). ✌🏻I am sure that it would be very important for beginners, and for other traders too. Let's start from the beginning.✈ 💫 Let’s Go 💫 The essence of technical analysis is, that people, from a psychological point of view, behave the same way in the markets and in ordinary life. At the same time, models of people's behavior are drawn on the markets, which are repeated constantly. The task of technical analysis is to assess the future state of the market from an analysis of its past state. 🗝🗝🗝Key Points🗝🗝🗝 Technical analysis (TA) is a study of market dynamics, most often through charts, in order to predict the future direction of price movements. In this technical theory, as in any theory. There are basic postulates. 1️⃣ Axiom - Prices include everything Any factor affecting the price (for example, the market price of a product) - economic, political, psychological - is taken into account in advance and reflected in its chart. 2️⃣ Axiom - Price Movement Subjected to Trends This assumption became the basis for the creation of all methods of technical analysis. The main task of technical analysis is to determine the direction of price movement for use in trade. 3️⃣ Axiom - History Repeats Analysts suggest, that if certain types of analysis worked in the past, then they will work in the future, as this work is based on sustainable human psychology. Technical analysis also allows you to understand the general state of the market at the moment. Technical analysis as a whole can be defined as a method of forecasting prices based on mathematical, rather than economic calculations. Technical analyst reveals market sentiment, setting himself a set of the following goals: ⭐1. Assessment of the current direction of price dynamics, that is, the identification of a trend. The following options are possible here: ✔ up movement ✔ down movement ✔ flat (accumulation / distribution) ⭐2. Assessment of the term and period of validity of this area. May be: ✔ short-term trend ✔ long-term trend ⭐3. Estimation of the amplitude of price fluctuations in the current direction: ✔slight change in course ✔ strong change in course 🙃🙃🙃If this introductory post interested you, put me like and subscribe.❤ 🥰😍🥰A lot of interesting things awaits us further. Soon you’ll know about: 🔖Graphic methods 🔖Analytical methods 🔖Cycle theory 🔖Wave analysis 🔖Resistance / support levels 🔖Channel - element of technical analysis 🔖 Fibonacci levels ⚡Stay with me⚡ Your Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
8
👨🏽‍🎨👩🏽‍🎨👨🏻‍🏫HOW TO MAKE TA IN 10 MIN 👨‍🏫👨🏻‍🎨🧑‍🎨Hello guys! In next 10 min I will teach you how to make TA! Really simple steps to create your TA. 4 useful tools to build your TA: -Trend Line -Head and Shoulders -Levels -Fibonacci ATTENTION: Dear followers please consider to appreciate my ideas on tradingview with your likes, this will help bring more quality content in next trading ideas. And if new to my work, and you like it, you can Follow my page to receive ideas in your Ideas Stream. Thanks 🤝😊 Stay tuned to Artem Crypto
WEducation
by ArShevelev
17