Morning traders. I started yesterday morning by posting an idea with the phrase below. 'Lets start the morning with everyone's favourite! Gold' Well I'm kinda doing the same again this morning but this time it so we can all have some more food for thought at the breakfast table instead! Now here me out, I have drawn the two graphs in this mornings idea on...
POC or Point of Control is a critical level highlighted by the Volume Profile tool available on TradingView. It highlights the level at which most volume has been traded: be that buying or selling. What I look for when using the POC is it matching the midline - found at the exact halfway from the Entry and the Stop Loss of the setup. On my charts, the midline...
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Elements of a Successful Trading Plan 106 The last Element that i will explain is Trading edge. 6. Trading Edge The season, in which the currency will exchange, it is beneficial to hold the exchanging edge down to maybe a couple setups when beginning. The more systems one plans to ace, the more troublesome it will...
TradingView Bar Replay is a feature that you should take advantage of, In this post, I'll show you how it works and what it is good for. Turn Bar Replay On To turn on Bar Replay, click on the icon in the toolbar at the top of the screen. Adjust the Settings After you turn it on, you will see a new toolbar appear on your active chart. You will also see a...