How to Draw Support & Resistance Lines for StocksIn this video I use simple easy to learn processes to mark out support and resistance levels. And importantly analyse if buyer or sellers are currently in control of the market.
If you have found this useful then please like the post, follow my page and share with any friends you think will find it useful.
Beyond Technical Analysis
Does news events affect price action analysis in trading ?Hello everyone:
Today I want to discuss news events in trading. Often when a news event comes out in the market, we get some sort of volatility and we get a strong spike/impulse.
However, does news events affect our ways of understanding price action analysis ?
Let's take a look at a few examples of the recent FOMC volatility that happened in the forex, indices and commodity market.
Most of the market had a sharp quick move to one direction, hinting a sign of weakness in USD/JPY..etc.
However, all of them ended up with a reversal impulse, and recovered all the price from the volatility.
So, what can we take away from this ? News certain creates volatility, but not the overall price action trending direction.
We may get a temporary short term move, but eventually the market recovers it, and resumes its original direction.
Often beginner/newcomer traders will try to “jump” onto the news momentum, but usually end too late, and they will take a BE or losses.
We can not control the outcome of the news or whether the news will be positive or negative towards our trades, but what we can control is our entry, SL, TP, risk management, emotions and mindset.
Any questions, comments or feedback welcome to let me know :)
Thank you
Jojo
How To Use Our New Timeline FeatureWe created Timelines to help people learn more about the companies and symbols they follow. Timelines are comprehensive guides that reveal the history, key events, and defining moments of a specific symbol. As a trader or investor, Timelines can be used to study the historical events of markets and the story that makes a symbol what it is today.
In this video we show you how to use Timelines and where they can be found. If you need help finding a Timeline, check out the examples we linked below:
1. Tesla Timeline
2. Apple Timeline
3. Bitcoin Timeline
4. Shopify Timeline
We hope you enjoy Timelines and use them to learn more about markets. We also invite you to share your thoughts in the comments. Please let us know what Timeline you want to see next. Even better, please let us know if you think can help! You can also try making your own Timeline with the Annotation tools available to you like Price Note and Signpost.
Thanks for being a member! 🙌
Expanding Structures/Patterns in Price Action AnalysisHello everyone:
Welcome back to another price action structures/pattern educational video.
Today I want to discuss the expanding structure that I always see in the market.
These structures/patterns are a bit more advanced, as they are not so clear on whether it's a continuation or a reversal correction.
Lets dig into some typical forms that I always see in the market, and discuss the possible opportunities we can get from them.
Expanding structure can come in all sorts of sizes and shapes.
They are not the typical channel, flag, pennant/triangle, Head and Shoulder that we usually encounter.
The key here is to identify them and observe if we are going to get trend continuations, or trend reversal after the correction finished.
Any questions, comments or feedback welcome to let me know below.
I will include all other types of price action structures/corrections that I have discussed in the past below, for everyone’s references.
Thank you
Jojo
Impulse VS Correction
Continuation and Reversal Correction
Multi-time frame analysis
Continuation Bull/Bear Flag
Reversal Ascending/Descending Channel
Reversal Double Top/Bottom
Reversal Head & Shoulder Pattern
Reversal “M” and “W” style pattern
Reversal Impulse Price Action
How to Understand Price StructureI have put together the basics of how to read a chart without indicators.
This is a key skill for anyone who wants to become a profitable trader. Clearly theres much more that goes into reading charts than just what is here but this is the key foundations of reading how price works and how to make trade entries with a good chance of profitability.
If you have found it helpful then please Like the post / Share it with anyone you think it might help / Follow my profile so you get updated the next time I post
Rolls Royce Trade Review - 20% profit in just 3 weeks!Hi traders,
This is the first in a series of trade reviews that I will be doing for TradingView viewers where each week I will review one or two of my trades. We will outline why we entered them and also how they went.
This is meant only for educational purposes for you to learn some of the skills that I implement when trading.
In this trade I used a very simple break and retest of a key level as the investment strategy.
If you have any questions then please let me know in the comments.
Trading Strategies and Style - Price Action Analysis
Hello everyone:
Recently I have many newcomers/subscribers/followers on my various channels and platforms, so I want to make this video to summarize what exactly are my strategies and style in trading.
It's important to understand everyone trades differently, and different styles and strategies.
What's more important is to understand if the strategies and style work for you and you only as a trader.
Does a typical style/strategy satisfy your vision in trading ?
Does the risk/reward make sense to you as a trader ?
Does the trading plan and management sound feasible and realistic to you ?
Do you have the right mindset and emotion when it comes to trading these types of strategies and style ?
These are the questions to think about when you are serious about trading.
So, let's take a look into how I trade and what are the key important aspects that I look for in trading.
-Price Action Analysis
-Impulse VS Correction
-Continuation VS Reversal Correction/Structure
-Multi time frame analysis (top down approach)
-Risk Management (3:1 RR)
-Trading Psychology (Mindset and emotion) (FOMO, Revenge Trading, Over Leverage Trading)
As always, any questions, comments or feedback welcome to let me know.
Thank you
Jojo
Things armature traders do, that you must stop!Hey hey!
Happy weekend to all the traders out there!
In this video we go over a little bit of specific education on what failing traders do daily that you need to STOP if you want to get profitable!
We hope that you enjoy the video and do let us know if there is a specific subject you want us to cover in the next one! Just leave a comment below!
Hashgraph Live : Channels within Channels This very short training video captures an idea picked up from watching and analyzing hours upon hours of trade charts. You can apply this to literally any chart but it works particularly well on 4 Hour and below . It doesnt work all the time maybe 80% accuracy. Do you want to know this trick ?
Crypto backtesting and chart work in price action analysis
Hello everyone:
Today let's do some backtesting and chart work on the crypto market.
I have done similar videos on Forex and Indices’ market, and I want to do one as well for crypto to showcase price action that will happen in any market, any time frame.
Make sure to check out the below videos on why I backtest and do chart work. This is to help us to get better at trading as a whole, and remove emotional decisions.
I will dig back some crypto pairs and look at the bullish impulse on the HTF, and go down to the LTF for confirmation and entries.
Any questions, comments, or feedback please let me know :)
Thank you
Jojo
Backtesting & Chartwork on Forex Market
Backtesting & Chartwork on Indices Market
How & Why I backtest:
Prevent Blowing an account by backtesting:
How to set the RIGHT Stop loss!Hey hey traders!!
Setting the "right" stop loss is a vital skill, yet for many traders... its a random act. This video will help you find stcutrue in setting the right stop loss, a stop loss that has the best chance of not being hit and allowing your trade to workout!
For us that comes down to basics:
1. Use the ATR value
2. Enter only via the fibs (definite entry)
and by following this process we have achieved great things so far, even increased our win ration by a solid 12% in February (since we added it)
If you have questions, feel free to ask!
All the best and good luck trading!