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[Trade Review]How I traded $CRM, $SNAP, $U, + Possible Set ups fIn this video I will reviewing trades 6/14/2021 which were $NIO ,$U $SNAP that were posted in a pervious video about the set up on my New Series *Set Ups For the Week Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emas, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always! Make sure to leave a comment for feedback about cutting back on the trading review videos let me know guys! Will be making videos on trading phycology due to the euphoria in the market so look out!
NASDAQ:PYPL
by Raulf-m
2
The best models of the volume profile. Deals with confidenceWhat is the Volume Profile indicator? Volume Profile is an advanced charting study and indicator. It shows the traded volume amount of an asset over a specified period, at certain price levels. Volume Profile makes use of previous traded volume and all the strategies and plans are brought from historical data. Traders focus on the regions where a reversal could occur with volume profile. Some people believe that volume profile analysis provides traders with an “unfair” advantage as a result of market context and that institutions and banks use such strategies. What is Volume? Volume, also referred to as volume of trade, gives the total number of shares or stocks traded for a specific security. Volume indicates the amount of transactions that carried out. As a result, it can also measure the liquidity of security. A security is considered active or liquid when volumes are high. How does indicator work? The volume profile can come in any shape depending on the distribution of volumes. It draws by using horizontal lines to form a histogram. The more the volume trades at a given level, the bigger the profile becomes. The volume profile is usually located at the right side of the chart beside the price levels. It is represented with bars. The volume profile bars are created by getting total volume traded at a price, in a given time. The total buy is then divided, and volumes sold representing it on a histogram chart. Traders can understand and use the volume profile indicator as one of the important tools among all their technical analysis tools. Types of Volume Profile There are three different kinds of volume profile used in trading. There is not so much difference in the way they all operate. The differences that exist amongst them are the way they appear on the chart and the ease of access to volume profile on the precise time period you want to view. Volume Profile Visible Range (VPVR): Volume Profile Visible Range (VPVR) is the basic volume profile tool most trader use. It appears next to price levels on histogram. It displays the volume traded in the price level automatically from the candles displayed on the screen. When one go back and forth in the price action’s time period, the volume profile visible range will change. Volume Profile Fixed Rage (VPFR): This is almost the same volume profile with the VPVR, only with a little difference. When one wants to view the traded volume in a period of price action, like the uptrend or downtrend, you can determine the initial and final point and view the volume profile only for that time period. Volume Profile Session Volume (VPSV): This displays all the volume profile of the session that is appearing on the chart. Each session presenting on the chart has a volume profile grouped with it. Each session is considered daily and that goes for the change of time period of the chart. The various shapes of Volume Profile There are various shapes volume profile histogram can print out and many details and information can be generated from them. D – Shaped Profile: This corresponds with alphabet “D” and it is the most common shape. It informs us that there is a temporal balance in the market. P – Shaped Profile: This corresponds with alphabet “P” and it is an indication of uptrend. b – Shaped Profile: This corresponds with alphabet “b” and it is the inverse of P-shaped profile. B-shaped profile mostly appears in a downtrend or at the rear of an uptrend. Thin Profile: This corresponds with the alphabet “I”. Thin profile indicates a strong trend. There is little to no time for building-up trading positions in a fierce price movement. Just minute volume clusters are made in this type of profile. Terminologies associated with Volume Profile It is very important that one understands has some basic knowledge about the concepts related to volume profile. High Volume Node (HVN): This is a point in volume profile where is a really higher volume than average. The most crucial component of the volume profile is to be able to display the most traded prices for a particular time period. Low Volume Node (LVN): This is a point in volume profile where there is a really lower volume than average. LVN and HVN are inversely proportional to each other. Value Area (VA): This is where 70% of the volume can be found. The volume profile gets a bit complex in this area. This means that 70% of total volume used on the chart had occurred cumulatively at these price levels, hence, called Value Area. Point of Control (POC): This is the highest volume node that exists on the volume profile. Numerous volumes are transacted here. Traders make use of POC for as a vital retest point and for support. Clearance: This is an area in the volume profile that constitute of only LVNs, as there are no HVNs in this region. Developing Point of Control (Developing POC): This is a change in POC over time. As POC changes over time, you can notice the change by observing the Developing POC line to what it was in time past. Value Area High (VAH): This is the highest point in the value region section Value Area Low (VAL): This is the lowest point in the value region section Volume Profile rules Traders can identify the state at which the market is by using the volume profile. When you have been able to determine the state at which a market is, then these rules tells us what to search for in volume profile in those different market conditions. If the price is consolidating (ranging price): Here, the price would be jumping between HVNs and LVNs. Value area will be situated at the center of the volume profile. If the price is trending upward (uptrend): Price here will likely retrace to the value area high. Value area would be situated on beneath the volume profile. If the price is trending downward (downtrend): Price would most probably retrace to the value area low. Value area would exist above the volume profile. Conclusion Volume profile is a very vital valuable analysis tool which is used everywhere by traders. Volume profile has been continually relevant as a result of its versatility. It is a charting tool that has a wide usage capability. The volume Profile provides trader with accurate data. It is more of a reactive tool for discovering traditional and resistance areas and so traders are still developing indicators which would be more proactive and predictive in nature. With every other indicator, calculations are done with only two variable which are: Price and Time but with volume profile indicator, there are three variables available. These variables are: Price, Time, and Volume. Most standard trading indicators only show how the price is moving in the past. The main notable difference between those numerous indicators is how they visualize it. That made them less efficient and makes traders to keeping moving from one indicator to the other. But with volume profile, it directs you to regions which where and will be crucial for large trading institutions. To put it mildly, volume profile is capable of predicting what will happen in the future.
Education
by GoldenEngine
32
Continuation Patterns GBPNZDRecent move executed on GBPNZD. An impulsive move upwards breaking structure to form a flag pole followed by a corrective pattern to form a flag. Always look for multiple confluences to enter your trades. In this case we had the pattern itself at play as well as a potential order block and the 50% fibonacci level. A perfect scaling oppurtunity also presented itself on break of the pattern. Our take profit target was set using the previous price range of the last impulsive move up. (flag pole) Once the area of interest was reached we notice multiple rejection candles and close the trade.
by KSR-TRADES
TELUSDT 📞 on the 4 Hourly UPDATE*NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only* ========================================================= An update from my last chart dated 26th May: Have updated chart with: 🔸fibonacci confluence zones, 🔸added 21 EMA, *note we had a few close under this EMA on the daily 🔸added Golden and Death cross indicators 🔸added the ADX / DI indicators. My strategy is still to buy and hold. I also have some laddered buy orders in place for a lower anticipated dip approx 3rd week June (around 14th - 20), which is indicated with X at $0.02 and $0.015. Nothing but excellent news all round from TEL this week, in reflection: TEL V2.3 was launched ✅ Users in Canada can now send digital remittances to 24 mobile currency platforms in 16 countries ✅ Am still extremely bullish on TEL!! Why? 🔹 Already in the top 10 best performing cryptos for 2021 after the crash 🔹 Anticipating further amazing results in the lead-up to the launch of V3 🔹 Increased exposure with recent listings on other exchanges 🔹 Increased publicity and leading the way now the Nebraska Legislature to create crypto & digital asset bank framework is now signed into law. 🔹 Solid roadmap for the rest of this year 2021 At the time of charting this, TEL ranks at #57 on coinmarketcap which is down 4 since my last update. As always, watch for volume. Do your own research. This is not Financial Advice. Always be watching BTC. Good chat.🤖 History - My previous chart 26 May: My previous chart 25 May: My previous chart 5 May: My previous chart 14 April:
by CryptoZani
[Trade Review] How I traded $SNAP, $NIO + RECAP SET UPSIn this video I will reviewing showing/ explaining $NIO & $SNAP that were posted in a pervious video about the set up on my New Series *Set Ups For the Week Traded riot & NIO using my knowledge of technical Analysis, sharing my levels: Support & Resistance, my trendlines, Fibs, Waves, Price Action, Channels , Emas, and prior experienced , while providing both bullish & bearish scenarios for you to be able t to understand my analysis and wait for confirmation as always! Want to see more content like this? Like and Subscribe! *DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions.*
NYSE:NIO
by Raulf-m
what is double confirmation and how can you use it?double confirmation is what we look for if we get a strong exhaustion after a break of a zone, this basically confirms to us that buyers or sellers have control and its not just a stop hunt or a reaction to some news. what you will see is exhaustion to the zone, impulse move that is caused by market reaction to an area of sensitivity, buy limit orders etc and then what you are waiting for is another injection of buy pressure with entry confirmation for a move to your next area of sell or buy pressure.
Long
by Trade_Rocket_Investments
GBP/JPY- TRADE UPDATE / TRADE PLACED On June 9th 2021✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ ✯✯✯✯✯✯✯✯GBP/JPY- TRADE UPDATE- 06-09-2021- Trade Placed✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ ✯✯✯✯✯✯✯✯GJ- GBP/JPY- Weekly Forex Trade Analysis- 06-06-2021 - 06-11-2021✯✯✯✯✯✯✯ ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯Trade Idea Information And Market Analysis✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ The ANALYSIS POSTED - The TRADE TAKEN... The Trade Was Now Taken On A PIN BAR PRICE ACTION BUY SIGNAL Formation That Was Formed On The Daily Time Frame Chart. Entry Was Taken On A Retrace Right Below / On The Daily Support Level At 154.840. The Order Was Then Triggered And Is Now In Profit. My Stop-Loss Placement Was At About The 50% / Half The Range Of The Pin Bar (Previous Day's Bar Which Was The June 8th Bar) To The Left... The Trade Was Taken In Accordance With The Dominant Trend / Market Bias. I Will Update The Trade As It Progresses... ✯✯✯FOR EDUCATIONAL PURPOSES ONLY And TO SHOW WHY I WAITED - WHAT I WAITED FOR - WHEN I TOOK THE TRADE - HOW I TOOK THE TRADE And WHERE I TOOK THE TRADE... AND MOST IMPORTANTLY HOW I AM MANANGING THE TRADE
by DMAFXTRAD
The Evolution Of A Profitable Trader (Educational Idea)Hello traders , make sure to read this post . This is probably something that everyone need to read if he or she want to jump into the next level. Please Like to make this post reach as much as possible traders in order to Help the community. With that being said let's jump into the explanation. The average human is not wired to properly trade the financial markets. We are wired in the worst way to be a good profitable trader. We are emotional human being by nature. As a trader you are 100% responsible of your results. You cannot blame your mentor the market or any other person because you are the one behind the ''click'''. No one can manage external parameters more than you ( you can manage when to open close how much to risk etc...) This should be a very transformative post , and you should take advantage of that and use it to begin your cycle of positive momentum. Just like we are able to exponentially grow an account we can also use this opportunity to trade properly and compound your own results 1 stage : Self destructive Trader In this stage , you do not have rules , you do not respect the money Management and you believe in the holy grail. You are here to make money because you think in that get rich quick solution. Most of traders in this stage believe that there is a magic solution that it's going to make them money. Most of these traders tend to blame the market the mentor etc... They have so many back-up bridges available for retreat. They have a backup plan if it doesn’t work out and their attention is scattered  across different areas that won't help to improve. They are already preparing mentally for failure. These are the part-timers GAMBLERS. They have a Plan B and C and on and on to the last letter of the alphabet. They doubt their decisions and jump from one thing to the next. How many traders have you seen changing form one strategy to another? from one class of assets to another? , from one course to another technical course? In order to become profitable you should know that the outcome does not come from the market . You are the Problem and good news you are also the solution. In the related section you will find post that is going to change your trading. just follow us for more content. 2 stage Booms and Bust Trader. In this stage you have probably lost your first account ( like me at the beginning) , you realized that all they have been told you about the markets it's real. you can make a lot of money and you can lose a lot of money. Most of traders stay in this Stage sometimes for years. You already have a trading system , but most of your problems come from your perspective and your actions. Between the perception and the action there is a space and it's up to you to chose the response . You must learn that this is not a get rich scheme. You need to understand that you need to build subconscient proper trading habits to PROTECT YOUR ACCOUNT. 3 Profitable trader In this stage you probable have overcome the worst moments in your trading carrer and you realized that you should play with probabilities . In this stage profitable traders have a probabilistic approach that a few minority of the traders use. This approach is not based on predicting anything; rather is a precise pre-defined system of pulling the trigger when your system or edge presents itself, and the outcome of the trade is irrelevant Win lose , Breakeven , who cares. You don't focus or you don't expect anything from one single trade rather you focus on the outcome of a series of trades. You effortlessly pull the trigger no matter what when your charts meet the criteria of your system or edge. We take a series of trades, and we are entirely focused on the outcome of the series, and NOT the outcome of each individual trade. The outcome of each trade and attempting to predict the outcome of each and every trade is an non sense battle because humans are designed to expect what they predict. It is difficult to implement your system or edge in the markets flawlessly if we become attached to any one single prediction. Like most of those retail gamblers that expect everything believing that their life depends on one single trade. we do not know what will happen next; we don't need to know what is going to happen as mark Douglas say : the only certainty is the markets uncertainty. Hope this post was helpful , make sure to follow and support this idea to impact more traders. What advise would you give to someone in order to become Profitable? Comment your thought Please do Follow and Like this post in order to support this work. AFX1
Education
by AIRFOREXONE_
21