Get started

Beyond Technical Analysis

AUDNZD Trade ReviewHey guys, As I sat down this morning to do my trade review from yesterday, I figured why not do it on video for you guys to watch and see. This is a good opportunity to have a look at my initial analysis, how I managed the trade through-out the day and how we finished up. If you don't already do trade reviews I highly recommend you do, as it can be a great way to familiarise yourself with the emotions you feel through-out your trades. If you enjoyed the content leave a like, if the feedback is good I will continue to make these!
Education
by the5erstrading
5
3 Mindset Tips for Elite TradingHappy Sunday Traders! In todays video we go over 3 mindset tips for elite day trading! Watch the short video below to understand this better, but here they are anyway: BE OPEN MINDED Let the market be your guide (price action) Wait until you feel the market (day trading) Be just as ready to buy, as you are to sell CONTROLED AGGRESSION Know what an A+ setup is, then develop the confidence to act big and fast Have a plan, both for the best entries and the failed trades EVERY TRADE IS ABOUT DEVELOPMENT How good/great of a trader could you become by next month if you learn from every trade you take this January?
BITSTAMP:BTCUSDEducation
by PrimedGroup
2
How to analyze any market from scratch (Impulse & Correction) #2Hello 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 LTF Identify the Impulse Phase and Correction Phase Identify whether the Corrections is Continuation or Reversal HTF Bias > LTF Confirmation > LTF Entry Any questions, comments or feedback welcome to let me know :) Thank you How to analyze any market from scratch #1 DISCLAIMER: -My forecast and analysis are NOT financial Advice, you should not trade and invest solely on this information. -There are many scammers & fakers impersonating me, my channels/platforms to scam people. Be very careful as I will NEVER private/direct message you first no matter what.
Education
by jojofang0901
45
Swing Trading MethodHello Traders! Here I show a simple concept for those who can not sit in front of the charts for Intraday. Not everyone trades full time and can not be around to trade the kill zones (London and New York) Main Idea to these Swing Trades: Is price making higher swing highs and swing lows? (Bullish) Is price making lower swing highs and swing lows? (Bearish) Bullish Conditions: Swing high broken wait for a higher swing low to form. Bearish Conditions: Swing low broken wait for a lower swing high to form.
Education
by ForensicForex
5
Why Do You Want To Become A Trader? HI Traders, welcome back to another workshop. In this workshop, I'll be sharing my thoughts on various considerations before becoming a full-time trader. Most people begin their trading journey with a mindset of "How can i get rich quick?". It is often just a matter of time where reality hits them awake, then they'll notice that trading isn't an ATM. Instead, it is a money churning machine that most people just keeps throwing their hard earned savings into. To become a successful trader, it is going to take a lot more than an affirmation "I want to be rich/ I want to become a successful trader." Personally, the definition of trading success is the ability to organize your emotion and performance to achieve high performance, ultimately, scale your trading business. We don't need to make hundreds of thousands a month to become a successful trader. If you're able to just provide your family a better and more comfortable living through trading as compared to your 9-5 job, you've already achieved success. Think about it. Let me know your thoughts in the comments below. Do not forget to like if you enjoy the content, and share with someone who need to listen to this.
KRAKEN:BTCUSDEducation
by TraderNeoh
3
Consistency isn't something you get, it is something you doConsistency isn't something you get, it is something you do! Consistency in trading is a vital component, yet most traders think its something you get, it is not something you get it is something you do daily! Having a trading plan is something you do and them follow (do again) Following position sizing and risk management is something you DO Executing your system is something you DO! You get the drift! Do more good!
OANDA:XAUUSDEducation
by PrimedGroup
5
What did I learn from 2021 in Trading, & what can I improve on ?Hello traders: Welcome to 2022 in trading. I am very happy to start off the year with a positive attitude and get ready for the year. This year will be my 9th year in trading, so certainly a journey thus far. What I usually will do is to look at trades that I have taken in the whole last year, to find areas to improve. What can I do better, and what can I change/modify to my trading plan that will help me to become a better, consistent, sustainable trader. I highly suggest everyone to review their 2021 trading journals, find mistakes that you made, and work on them. Revisit your trading plan to see what areas can be changed and modified. They can be entry, SL/TP, management and much more. Below are a few things that I personally find that I can improve more on: Trade Management: -Specifically, whether to take profit always at 3:1 RR, or hold onto the trade for longer -Pros and cons and no right or wrong when it comes to this part. -Sometimes holding a trade longer term may see price reverse and lose profits -Sometimes taking profit too early will see trade continue to its desire direction # of Trades Taken: -Last year was aiming for about 15 trades per month last year -The more trades we take, the more potential “Mediocre” trades we enter, those can eat up our good trades’ profit -Can argue and reduce the # of trades to even less -Instead of 1-2 same currency pairs allowed, cut down to just 1. Unless I can move it to BE Understand and Accept the Market can Change/Evolve: -Market is ever changing and evolving with no pre-determine factors. It can be a variety of factors that is out of our control as a trader -Key is to always stay in “sync” with the market and its behavior. -Never “blame” the market if your trading hits a draw down or doesn't “work out” from before. -Understand as traders we need to adapt to any type of situations to remain consistent and sustainable in the long run -Find solutions to work around it. Thank you all Treat trading like a business or you might not succeed:
OANDA:XAUUSDEducation
by jojofang0901
40
5 Fundamental aspects of day trading successHere's a quick video on a few vital skills every trader needs to acquire before he/she can actually achieve success in day trading. This is 100% from our experience, we've worked hard to achieve success in day trading so these tips come from our direct experience. Hope they help you guys: HARD WORK: hard work in trading doesn't come from actual trading, hard work in trading comes down to the preparation aspect. PATIENCE: Patience enables an excellent entry point, which allows a trader to enter a bigger position and increase the profitability factor. DISCIPLINE: Discipline is following the process day in day out without altering it because of a few red trades. Discipline is executing the process every day and on every trade. REPLAYING TRADES: Reviewing your biggest loses and your biggest winners is literally the quickest way to become a primed trader.
CBOT_MINI:YM1!Education
by PrimedGroup
Your only as good as the assets you tradeThis is just a short blog post of a much longer idea! In a recent post we spoke about focusing only on assets that are in play for the day, even tough with day trading you can still make solid profits, especially on the tick charts, trading ranges, a trend will generate you much bigger and more importantly, easier profits. This is why it is vital to focus on assets which could generate momentum, because at the end of the day in day trading you are only as good as the assets you trade. Below you will find a chart of NASDAQ (left) and a chart of XAUUSD (right), one has moved significantly upwards while one was stuck in a whipsaw range which ended up breaking to the down side towards the end of the day on December 31st. Choosing to trade XAUUSD would be much easier to make a profit.
OANDA:XAUUSDEducation
by PrimedGroup
3
Know Your LevelsTodays daily primer is all about key levels, Don't make trading harder than it needs to be. Know your levels, keep track of them, have a system that says BUY or SELL as quickly as possible and then just execute your trades! All you needed to do was follow up, know the key levels and execute. It makes this job much easier when you are prepared and this type of preparation is easy. We are looking for an edge and keeping track of levels is KEY at making easy money (at least for our day trading system). Every Sunday I sit down and map out important levels, I also review my trades for the previous week, for development purposes, and during that review of past trades I specicially check these levels and how price behaved at them. I'd like to show you just how important levels are, but you should also checkout our VWAP video released just before this video.
OANDA:XAUUSDEducation
by PrimedGroup
2
What you trade is just as important as how you trade!Hey Traders! WOW! What a Monday! Excellent moves in the markets today at the US open, I don't want to sound like I am bragging, but we kinda prepared ourselves very well for today by working our asses off on creating our watchlist, we knew what could be moving and we made sure that they focused on the best setups, setups that had the highest rewards and the lowest risks! Aside from a big miss on WTI, we aced EURUSD, NASDAQ, DAX and EURJPY. Preparation of a watchlist is vital for us day traders and we make sure to invest time into creating our day trading watchlists! This video explains a little better what we did to make today a BIG SUCCESS for ourselves and our members!
OANDA:WTICOUSDEducation
by PrimedGroup
2
S.O.P and M.O.P BreakdownHello Traders! Here I break down S.O.P and M.O.P Sunday Opening Price & Midnight Opening Price. Bullish Conditions Weekly Range - Buy below S.O.P - Anticipate the Low of the week to form on Mon, Tue, or Wed. - By Wednesday price should not return to S.O.P Bearish Conditions Weekly Range - Sell above S.O.P - Anticipate the high of the week to form on Mon, Tue, or Wed. - By Wednesday price should not return to S.O.P Bullish Conditions Intraday - Buy below M.O.P - Anticipate the Low of the day to form in London Open - By 12 PM NY EST price should not return to M.O.P Bearish Condition Intraday -Sell above M.O.P - Anticipate the High of the day to form in London Open - By 12 Pm NY EST price should not return to M.O.P Study. Safe Trading. Merry Christmas
Education
by ForensicForex
2
First become a good trader then focus on the chartsFor day traders, traders who focus on technical analysis it is very important to first master the mental aspect of trading before they move to actual charting. This blog post and video will help you understand the path you need to take if you are a new or struggling trader. The biggest challenge we see in new traders is that the new traders want to learn as quickly as possible to earn, they rush into trading live and that "rush" doesn't actually allow them to actually learn how to trade, successful trading comes in two parts, the first is mental skills and the second is a complete trading system, without having both of these traders fail. I'll quote Richard Dennis, a legendary trader, to explain the importance of mindset, I always say you could publish rules in a newspaper and no one would follow them. The key is consistency and discipline. Discipline and consistency are mental skills, nothing to do with the system everything to do with the mindset. Meaning that you could have at your disposal the best trading system in the world, but if you don't follow it (with consistency and discipline) you are doomed to failure. - Since you simply won't follow the system. Most of the great traders that I know or follow, who trade based on charts like us, were great traders first, now once they became great traders (mentally) then, after they because great traders they learned how to read charts and built or learnt trading systems. Trading is the hardest easy job in the world, easy because you choose everything, from exposure, to when and where you work and all the way to how much you make or lose. You are in control and always will be, but you're only in control when you manage your mindset throughout the day with discipline and consistency. The main reason we are sharing this is because we have gotten a lot of new members in our community and followers on tradingview, and we just want to help everyone new to us to master their emotions first and then focus on the profits! Now, while I mention profits above I want to explain the correlation profits have to deeds, I firmly believe in cause and effect, and I believe it works in this way: poor or average causes = poor or average results (losses, failure, stress) Good causes = good results Great or extraordinary causes = great or extraordinary results Like I mention above, you get to choose everything you do in trading, this is the main difference between actual trading and gambling. Who are you going to be today? A gambler or a trader? - The choice is always yours! WHAT WE RECOMMEND TO NEW OR STRUGGLING TRADERS: Our first recommendation is that you fully focus on yourself, find and accept your weaknesses or limitations. Weaknesses are overtrading, no patience or discipline. Find them and create plans to remove them, if you're not challenging yourself you cannot be a good or great trader. Limitations are not having much time, not having capital, not having knowledge, all of which you can work on if you're serious about trading success. Next is the system, you must find or create a complete trading system... that is the easy part, all you need is a system that governs every aspect of your trading and we have one, not to make this promotional, but you can get our day trade for a living course here and replicate our system. Now charts are important, very important so you must learn how to read charts, that will only come from practice, lots of practice! Think about it like this, if all the great businessmen/women, sports people and everyone in between practice (read, train etc) don't you think as a trader you need to do the same? In a nutshell, first develop your mental trading skills, then you can use charts to supplement your trading skills. Just know this, without trading skills your charting knowledge will not be valuable. - You need them both!
BITSTAMP:BTCUSDEducation
by PrimedGroup