Get started

Educational

Compression Supply and Demand ¦ Key Patterns!Compression is the term every trader should understand. Reading the price is most important in the technical analysis of forex trading. Like if the price is changing at a fast rate then you must know the reason behind it. If you are a technical analyst you should use only technical tools. Like why the price is forming big bullish candlesticks at a certain zone or why the price is forming small candlesticks at a certain zone? You must know the reason behind it. What’s Compression in forex? There are only two reasons for the movement of price. One is demand and another one is supply. The price will go up when there is demand. The price will go down when there is supply. What will happen when there’s no demand left but only supply? What will happen when there’s no supply left but only demand? Bullish movement Compression pattern forex When the price is moving slowly up as well as consuming all the demand on the way then there will be no demand left until the origin of this pattern. As there is no demand so large amount of supply will cause the price to come straight to the origin of this pattern without any hindrance. This pattern is the main reason behind a large bearish candle or big price movement in a very short interval of time. This is called compression in the forex. How to trade compression in forex? This topic will be different for different traders. As every trader has its own strategy to trade forex. Only the top 1% are winners because they are unique from others. So don’t copy strategies but try to make your own strategy. You can use a compression pattern in your existing strategy to increase the risk-reward ratio or winning rate or increase your take program level or modify the stop loss level. It depends on you only. For your help, I have mapped you a simple trend line breakout strategy with a compression pattern above.
COINBASE:BTCUSDEducation
by Pips-Collector
1
Opening Range Breakout StrategyOpening range breakout is something that I use daily for almost all of my plays. Its very simple. If the high or the low of the first five minute bar is broken. Take an entry in the way the stoke broke. I have seen soooo much success with this strategy. There is much more that goes into it like stop losses and where to take profits. Those will all be explained in further tutorials. also this strategy is not at all a swing trade strategy, this is purely a day trade strategy that is only used in the morning as the market is opened. I challenge you guys to go through charts yourself and look for opening range breakouts. Also note this works best on the 5 minute chart. Hope you guys see as much success as I do with this very useful strategy!!!
NASDAQ:NVDAEducation
by MindOverMarket
DAY TRADING RULES THAT WORKDAY TRADING RULES & TIPS THAT WORK DAY TRADING RULES BEFORE YOU EVEN START 1. DAY TRADING IS NOT A FORM OF INVESTMENT. Day trading is not a form of investment. It is not part of the stock/bond portfolio that you have for retirement. Day trading is a risky business, and you stand to lose everything if you fail. You must accept this fact before you start day trading. 2. DAY TRADING IS NOT GAMBLING. On the other hand, day trading is not a form of gambling. If you are not going to take it seriously and put in hard work, do not even start. The first two rules seek to adjust your attitude towards day trading. Once you start with the right mentality, these “rules” are already with you. 3. HAVE A DAY TRADING PLAN FOR EVERYTHING And I mean everything. Imagine all the contingencies and plan for them. Plan even for what you are leaving unplanned, which means planning when to use your discretion. Some essential aspects include: Where to trade When to trade What instruments to trade What is your trading strategy and how to execute it How much to risk per trade Broker, internet, computer, and what happens when they fail to work The trading plan is a work-in-progress. Keep refining it and add to it. 4. SIT ON YOUR HANDS FOR THE FIRST 15 MINUTES OF THE TRADING SESSION The first 15 minutes are usually very volatile, without much price action available for analysis. So sit on your hands for the first quarter of the hour and observe the market tone. If you want to consider a trade right after the 15 minutes, take a look at the opening range scalp trading strategy. 5. REVIEW YOUR TRADES AFTER EACH SESSION. After each session, there is a learning opportunity. Each trade contributes to a feedback cycle that can improve our trading performance. THE ACTUAL DAY TRADING RULES 6. USE STOP-LOSS ORDERS Every trade must have a stop-loss order. We must always know how much we stand to lose. If you disagree, I want you to reconsider. 7. USE LIMIT ORDERS OR TRAILING STOP LOSS FOR TAKING PROFITS We close our trades before the session ends, so the profit potential is smaller. Hence, we should have our limit orders/ trailing stop losses in place to grab our profits and run. Waiting for the bull run of the century is not for day traders. 8. TAKE ONLY THE BEST TRADES Be very selective about the trades you take. 9. ALWAYS BE IN CONTROL OF YOURSELF. DO NOT CHASE THE MARKET. If the market has taken off without you, do not chase it. The market behaves in ways nobody can control. You cannot control the market. But you can control your response to the market. Always be in the zone. 10. WHEN IN DOUBT, LOWER YOUR TRADE SIZE Lower your trade size when you are in doubt of your trading edge. This tactic is for damage control. Ideally, cut your trade size to nothingness until you figure out your trading edge. 11. ACCEPT LOSING DAYS WHEN DAY TRADING Somehow, day traders expect to end each day with profits. But trading is a game of probabilities, so you’ll have losing days. Accept them and move on. If you refuse to accept losing days, you will do irrational decisions like overtrading and ruin your trading account pretty soon.
Editors' picks
BITSTAMP:BTCUSDEducation
by MoonBets
77
Automating strategies keeps me sane 😊Running a strategy with a proven edge has me comfortable mentally on how a trade plays out, Be it a stop out or a take profit target met. Also automating those proven strategies and just letting them be helped with my mental state as a trader. Trade alerted 17:45 this afternoon and has been close once to TP. I didn't know this I was in the garden enjoying the late summer sun that has bestowed the UK this week 🌞 Once upon a time watching the charts would of had me thinking of closing to soon and then filling with regret as the retrace occurs that I didn't close. Only reason to look at chart tonight was a quick mid week review of trades and this trade is one of my open ones. Trade details are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. The current open trade still might not hip TP but I'm not allowing emotions to play a part I let the objective based plan play out. Previous trades shown on chart from the last two days. Trade history can be seen at the foot of this trade idea too for full transparency. These are year to date stats. How do you as traders journal your trades I'm intrigued to know? Having back test capability and a trade log which is possible through TradingView pine script saves me hours in manually logging trades as well as manually back testing. Having that level of data allows me to know I'm running a proven strategy and that I have an edge. The next key bit to staying sane/stress free and one of the best pieces of advice I could give as a trader is use technology available to your advantage. Trading shouldn't consume every spare minute. Most of us do this to escape the 9-5 so don't spend hours at charts unnecessarily. Not spending hours at charts is why I haven't shared all these trades on this pair and when this current one alerted. If your reading this tonight let this sink in I've only looked at this chart once this week when I shared my last idea yesterday on the pair in question. There has been three trades since then and I'm only just looking now! Take it from me find a strategy that works and then automate that strategy. Your mental health and well being will be the winner in the long run along with healthy account gains. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
Editors' picks
Education
by pow_removetheguesswork
73
ASCENDING TRIANGLE PATTERN - KP3R/BUSD REVIEW 📚Good day everyone. Today I'll be discussing on symmetrical triangle patterns. How it looks, builds up, and plays out. 1.DEFINITION First of all, What is an Ascending Triangle? An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside. Ascending triangles are often called continuation patterns since the price will typically breakout in the same direction as the trend that was in place just prior to the triangle forming. 2. ENTRY (TRIGGER ENTRY SIGNAL) In a ascending triangle pattern , you're to trade the breakout or catch the move early at the support. In the ascending triangle pattern, there are three types of entry: - Buy limit entry (conservative): This is a conservative form of entry which implies buying the breakout above the ascending triangle's horizontal resistance. This is the safest form of entry. - Market entry: This is buying at the current market price. It's kind of aggressive in nature. It is buying the market during the formation of the ascending triangle. - Buy stop limit entry (Aggressive): This is an aggressive form of entry which implies buying at the test of the ascending triangle's inclined support. This is most profitable form of entry if the trade plays out as expected. 3. TARGET (TAKE PROFIT) Here, I'll be discussing on your profit target levels in the case of an ascending triangle pattern . Basically your take profit levels should be where there's a high concentration of sellers such as resistance levels. Further targets are the fibonacci extension levels (1 - 1.272 - 1.414). 4. STOP LOSS AND SETUP INVALIDATION Stop loss and setup invalidation are quite similar terms but different. Stop loss is simply a level where you cut your losses when you're currently in a trade. It's like a breathing space for your trade. Your stop losses shouldn't be too tight ( to avoid being hit by stop loss hunting or market noise). It shouldn't be too far also (to give you a good risk to reward ratio (R:R)). Setup invalidation on the other hand is a pre trade condition. It checks the validity of your setup before your trade. It's the last point that keeps a trade setup valid. When broken, the setup is invalidated ( no longer useful, you'll need to run another analysis). Setup invalidation and stop loss in an ascending triangle pattern is usually a breakdown below the ascending triangle's inclined support or the previous swing low. Note: Your stop loss can be less or equal to your setup invalidation, but not greater. 5. TRADE EXAMPLE I'll be using my analysis on KP3R/BUSD as example of an ascending triangle pattern . - Trade entry (long order ⬆️): Buy limit entry at the test of the ascending triangle's inclined support. It was an aggressive form of entry. - Target (take profits levels 🎯): Fibonacci extension levels. - Setup invalidation and stop loss: breakdown below the ascending triangle's inclined support. Price brokeout as expected from my previous analysis and hit my targets. That's that for ascending triangle pattern. I'll be discussing on the falling wedge pattern in my next educational review. Thank you.
KEducation
by Chibuike_Odoh
2
The 2 Types of Trading Mindsets!Hello Traders! Here I have identified the 2 different mindsets you can having when trading forex, crypto, indices and stocks. These are the challenges I have had to face in my trading career to become as profitable as I am today! The main reasons for failing to make profit while trading is because of the 99% mindset most people have. Many reasons for failing to take good trades are due to the impatience and the lack of discipline within yourself. One key issue I have learned over my trading career is a trading plan in critical! Failure to prepare = Preparing to fail. With a solid trading plan you will never feel emotional or lack of confidence when taking a trade as you will have strict rules you always follow. Removing this emotional fear of loosing money or failing to reach you take profit will help you out win the long term as you never feel that pressure and is one of the biggest reasons a trader fails to trade and sustain consistent profit. The 1% mindset is the prime mindset you want to have and sustain while trading. Manging you mind and following strict rules is how people become millionaires from trading. Rather than being reactive to the market conditions be proactive and be prepared for any scenario! Thanks for taking the time to expand your knowledge! Check out my other ideas below!
OANDA:XAUUSDEducation
by Pips-Collector
2
Trade Review: How I Traded $PINS, $ZM, $CRWD, $UNH, $SPCE W/ EntIn this video I will reviewing trades I took on September 2-3, 2021 going full in depth explaining how I traded : $PINS, $ZM, $CRWD, $UNH, $SPCE showing you guys my entries how I put it together with other confluences such as support and resistance. Traded tickers with a new strategy I been testing with Inside Candles Credit: TW for his indicator and his strategy! Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Inside Bars, Channels , Emma's, Opening Range Breakout and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always! Want to see more content like this? Make sure to Like and Subscribe!
NYSE:PINSEducation
by Raulf-m
1
Smart Money CONCEPTS - Can you relate?Here is an overview of (to me) why support and resistance don't work (at a successful enough rate). If you feel like this is the case be honest with yourself. And maybe try something new. please remember the 90 90 90 rule!!! 90% of traders Lose 90% of their account In the first 90days Have a little think as to why? For the majority of newbie traders that enter the market.. the first thing they are taught to understand? Support and Resistance, Trendlines, Fibonacci (does work if used correctly) So just be mindful of what the banks are doing and understand from their perspective that if they know the MAJORITY trade Support and Resistance... Don't you think they know where the majority of the people stop losses are going to be? ... Any questions feel free to ask
Education
by BenFxLDN
18
BITCOIN IN PERSPECTIVE How many times have you heard that bitcoin is very expensive? How many times have you heard that Bitcoin is a Ponzi scheme? PERSPECTIVE. That is what is needed to combat some of the myths that surround this cryptocurrency, which will probably take part in the digital economy. Regarding the first question, is $1T too much capitalization for a finite, decentralized and immutable asset, which could gradually update our entire economy? I do not think so. Could a Ponzi scheme hold 1% of all global currency for more than a decade? I do not think so. So is Bitcoin too expensive from a macroeconomic perspective? I do not think so. Before you buy Bitcoin. What are your reasons? A decision without a plan is guided by emotions. Profitability and emotions don't get along very well. Perspective. See you later.
COINBASE:BTCUSDEducation
by CryptoAlkaline
Trade Review: How I Traded $NFLX, $BBIG, $ TSM, $WISH,+ LOTTO FRIn this video I will reviewing trades I took on August 27, 2021 going full in depth explaining how I traded $NFLX, $BBIG, $ TSM, $WISH Inside Day, as well explaining my swings I took on the banks and my reasoning behind it .As well the Breakdown trade I posted on twitter and how they worked out and the result of them Traded tickers with a new strategy I been testing with Inside Candles Credit: TW for his indicator and his strategy! Going in Full in depth with my entry, Exit thought process and how I analyze my Nasdaq chart Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emma's, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always! Want to see more content like this? Make sure to Like and Subscribe!
NASDAQ:PTONEducation
by Raulf-m
20 reasons 90% don't make it20 Reasons Why 90% of New Traders Don’t Make It They risk too much to try to make so little. They trade with the probabilities against them. They think trading is easy money. Instead of focusing on learning how to trade they focus on getting rich. They blow up due to improper position sizing. With no understanding of the mathematical risk of ruin they are doomed after the first long string of losing trades. Blindly following a guru that leads them down the road of destruction. They don’t do their homework. They trade opinions not robust systems. They go looking for ‘trades’ instead of a methodology. They have no trading plan. They attempt to piggy back on the trades another trader but don’t understand the risks. Most new traders quit when they realized how much work is involved in trading successfully. Most traders quit when they learn how many losing trades they will have to have to get to the winners. New traders quit if they do not have a passion for trading itself. Many new traders will give up the moment they realize that trading does not have guaranteed income, you are an entrepreneur. They are not willing to pay the tuition to learn to trade in time, study, and losing trades. They are crushed by the learning curve that they do not work hard enough to get through. We lose a lot of new traders when they realize that trading is actually harder than their job. The traders that don’t make it quit when they were tired, frustrated, and stressed out, the winning traders quit after they had figured trading out.
Education
by Bekiumuzi_Dube
1
How to use Volume with Trends.Volume is a useful tool for studying trends, and as you can see, it can be used in a variety of ways. Basic principles can be used to determine market strength or weakness, as well as to determine whether the volume is confirming a price increase or decrease.  Volume-based indicators are occasionally used to aid in decision-making. In conclusion, while volume is not a precise tool, price action, volume, and volume indicators can be used to identify entry and exit signals.
Editors' picks
NASDAQ:AAPLEducation
by MoonBets
42
Trade Review: How I Traded $BIDU + SET UPS RECAP!! & How I am coIn this video I will reviewing trades I took on August 26, 2021 going full in depth explaining how I traded $BIDU for a nice 20% Day trade with the full breakdown Inside Day, as well explaining my swings I took on the banks and my reasoning behind it .As well the Breakdown trade I posted on twitter and how they worked out and the result of them Traded tickers with a new strategy I been testing with Inside Candles Credit: TW for his indicator and his strategy! Going in Full in depth with my entry, Exit thought process and how I analyze my Nasdaq chart Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emma's, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always! Want to see more content like this? Make sure to Like and Subscribe!
NYSE:BACEducation
by Raulf-m
📈📉How Market Cycles Work | Bull & Bear Market 🐿 All the financial markets are cyclical : after a sharp and strong bullish trend always comes a severe bearish rally. After panic & massive selloffs, the market tends to recover and awakens optimism closing a vicious circle. Watching carefully how the price acts during these cycles, an observer can identify the recurring stages . #1 Accumulation The accumulation stage starts once the market finds its bottom. Bearish pressure weakens and the market starts trading in sideways. While the crowd remains cautious, smart money like banks and hedge funds start buying the asset considering that to be undervalued. It leads to occasional moderate spikes of a price. Being the best time to buy the market, the accumulation stage is the hardest to spot correctly. Global pessimism and disbelief make the investor scared to buy the asset. #2 - 3 Public Participation & Excess Stage The accumulation stage and the actions of smart money make the crowd buy the asset steadily. Pushing the market to new highs and generating sufficient profits, the crowd brings more and more liquidity into the market. Bullish trend is universally confirmed. The optimism steadily transforms into euphoria and the asset quickly becomes overvalued. Greed starts to dominate the crowd. Record highs are reached and no one doubts further growth. #4 Distribution At some moment the market stops growing. Even though everyone is very confident in a bullish continuation, the market naturally refuses to grow. Moreover, the market starts to slow down and volatility drops steadily. The market starts ranging and trade in sideways. Smart money starts selling their positions steadily to a greedy crowd. #5 Bearish Trend With an absence of growth, more and more market participants start selling the asset. Optimism steadily vanishes and pessimism comes into play. Contemplating negative figures, the crowd starts to panic, making the market fall sharply. The outlook is dark and no one believes in recovery. Then the market suddenly starts slowing down and the cycle repeats. Watch how the price acts, learn the price action & master the market cycles to benefit from any of them. ❤️ Please, if you enjoyed this article, like it and share your feedback in a comment section. Thank you! ❤️
Editors' picks
Education
by UnitedSignals
4