Beyond Technical Analysis
Bitcoin April 4th some of the oscillators that you see on bitcoin in trading View suggests that the market is very bearish. this is why oscillators are so unreliable. there's another consideration here and that is the importance of finding a time frame that will give you much more clarity than other time frames.... and in this case the monthly chart is the time frame that yields the most useful clarity for me. once I find that time frame I can adjust to other time frames and work my way to a trading decision if I think one is available. even if you don't trade Bitcoin, you really should study the thought process that I used to decide that this is a good trade location to take a long trade with a small stop. I believe this is a high probability trade to go higher. but you need a small stop because it barely shows buyers and I know this will be a difficult long trade for many or most Traders who think the market should be going lower. the fact is I can't make the market go higher somebody else has to do that.... nevertheless this is a reversal at the bottom of arrange box that showed you there were buyers but it ended up being a bear flag and the market made one more low.... and those buyers could have made money if they had gotten out at the 382 or short the market when it only went to the 382 and started going lower.... they could have had two trades the first is a buyer and the second is a seller.... and if they missed those trades they'll probably have a chance to take a long trade when the markets open on the next trading day....... I talked about optical illusions and I probably didn't integrate the thought very well on this video... so I'll try it another way the market found buyers at a support area but it made a new low which makes that pattern A Bear Flag. bear Flags end up being a bearish move to a bullish reversal.. to me trading a bare flag at a support area is not a stupid trade because it will go higher but if it gets to a resistance then the markets telling you the Market's going to reverse. try to think about this and I'll clarify it on another video... but not tonight.
Trade plan for Tomorrow. BNAKNIFTY important/Intraday levels.Trade plan for Tomorrow. BNAKNIFTY important/Intraday levels.
No Price Action
No Support and Resistance
No Indicators
No Moving Averages
Not Gann levels These levels are purely based on mathematics.
If it is useful please leave your comment
Trade plan for Tomorrow. BNAKNIFTY important/Intraday levels.Trade plan for Tomorrow. BNAKNIFTY important/Intraday levels.
No Price Action
No Support and Resistance
No Indicators
No Moving Averages
Not Gann levels These levels are purely based on mathematics.
If it is useful please leave your comment
FULL ANALYSIS GUIDE - (Using ICT's Concepts)Hey guys,
In this video I will show you my process for performing analysis. Yes, it takes some work, but generally once you get into the swing of it, it doesn't take long, and the higher timeframes only require analysis once in awhile. It allows me to have a higher win-rate and be more on side with how the market is predisposed to move. Whilst it is not required in order to be profitable, my personality and system requires me to make more frequent wins.
I hope you find this video insightful.
- R2F
Gold silver Bitcoin Tesla July 2nd 2004 this video started with Tesla because I thought Tesla was going to go lower and now it went higher, and I'm wondering if this is the climactic move that's going to reverse lower even though there are reasons to think that this is a reversal pattern that will go lower..... and yet the price action is bullish. nobody that I know really likes to get out of the market early and then that Trader has remorse for exiting prematurely. personally I think markets are designed to attract you to make a trade decision that looks like a good decision until you get killed by the trade..... remember don't eat gingerbread cookies from a strange woman if it isn't your mother... unless you're pretty sure she hates you. THE market is filled with behaviors that are intended to attract you to the wrong trade decision when you don't know what you're doing.
Trade plan for Expiryday. BNAKNIFTY important/Intraday levels.Trade plan for Tomorrow. BNAKNIFTY important/Intraday levels.
No Price Action
No Support and Resistance
No Indicators
No Moving Averages
Not Gann levels These levels are purely based on mathematics.
If it is useful please leave your comment
Psychology: Trade Smart - Focus on Facts, Not wishes!See the Truth: Trading Without Bias
Discover the critical importance of objective analysis in trading.
Learn how to avoid emotional biases, stay neutral, and focus on what the market truly shows you. This guide will help you improve your trading strategies and achieve more consistent results.
Trade Like A Sniper - Episode 52 - AUDUSD - (2nd July 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing AUDUSD, starting from the 3-Month chart.
If you want to learn more, check out my profile.
The TradingView Show: Breakout Charts with TradeStationWatch our latest episode of The TradingView Show and dive deep into the markets with TradeStation and their Head of Strategy. We examine breakout charts, significant money movements, and invaluable educational insights for traders of all levels.
For daily charts and research, visit the TradeStation profile on TradingView, where they share scripts and engaging charts. They're also a connected broker allowing for instant connectivity between TradeStation and TradingView. See the official TradeStation broker profile here: www.tradingview.com
The TradingView Show occurs monthly, focusing exclusively on market education and welcoming traders of all backgrounds. Each episode dives into a variety of topics, including equities, AI, crypto, gold, forex, and more, offering a comprehensive roundup of market trends and developments that are capturing traders' attention.
Please note, the TradingView Show is dedicated solely to education, offering valuable insights and lessons for traders at every stage of their journey. It is important to emphasize that the show does not provide financial advice or recommendations; its primary goal is to enhance trader knowledge and understanding through educational content, including TradingView tips, scripts, charting techniques, and social networking.
For more, please check out the compliance and disclaimers links below:
1. Important information: www.tradestation.com
2. Disclosure options: www.theocc.com
3. ETF prospectus page: www.tradestation.com
Thanks for watching! We'll see you at our next show.
Trade plan for Tomorrow. BNAKNIFTY important/Intraday levels.Trade plan for Tomorrow. BNAKNIFTY important/Intraday levels.
No Price Action
No Support and Resistance
No Indicators
No Moving Averages
Not Gann levels These levels are purely based on mathematics.
If it is useful please leave your comment