Get started

Educationaltrade

TRENDLINE TRADING | Advanced trading lesson Hello traders 👋 Today im sharing my trading strategy with trendlines. It's my first education post, so maybe a lot of mistakes. Please don't take it the wrong way, thank you. Let's talk about lesson What are Trend lines? Trend lines are diagonal lines that are drawn on charts in the financial markets trading. Trend lines are used to highlight , visualize , and make price action easier to analyze on different instruments and assets in the financial market. How to trade And Use Trend Lines + basic supports. 1. Wait for touch ⌛ When drawing a trendline, the first thing price is check the three times or more. If the price is not checked three times or less, can't draw trendline. 2. Draw ✏️ To draw a trend line, you must choose a time frame. I'm use always bigger than 1 hour timeframe . This is because you want to find the price action for a longer period and not just some light movement. 3. The Basics of Support and Resistance + key levels ✔️ When trading with trend lines, the concept is applied in order to maximise the chances of winning trades. 4. Looking for entry + risk management 💰 Always wait for confirm example; trend line break + price making lower low + pullback + add indicators 🤲 If you like my strategy, Please like and comments. 🤲 Thank you!
Education
by YertuntsTrader
8
ALL Crypto is High Manipulated! Tracking BOTS PART 2!Padawans, The Market maker bot has come right on time, to set the direction of the market or liquidate people or both. Maybe he is on some Super Yacht right now off the coast of Dubai, who knows. Now I am not saying that we can trade while he is up to his dirty behavior, but what I do know is that along with some other technical analysis, we can generally tell the general direction of the market AFTER he or they are finished Perhaps should not have posted this. lol- Incase they change the market entry time from this cycle. What do I know about the direction you may ask- I know it is time to hand me my LightSaber
Short
by Skywalker-thelastjedi
Everyday with one Equity Intraday Profitable Idea:-Dr LalpathlaTrend Analysis is arguably the most important area of technical analysis and is key to determining the overall direction of a security. Trends are based on the principle of higher highs, higher lows (for an uptrend) and lower highs, lower lows (for a downtrend). Dr.Lal path lab is now in short term bullish mode in corrective wave pattern. and stands in Resistance area. Expecting bullish momentum, when it will cross 2850 with volume. Please initiate trade after breakout and retesting. Dr all path lab Buy above 2856. Target 2870,2880,2890,2915 Positional Target :(BTST):- 2950,3000,3050
NSE:LALPATHLABLong
by biplab86
BNBUSD WAVE And Pattern Analysis The correctional structure, especially the three waves, whether in descending or ascending and pulse correction, indicates the formation of a diametric pattern. This post is just a personal idea and analysis should not be the criterion for buying or selling The last specified pattern is currently in a flat pattern. The structure is in high time and the whole chart is in the form of a diametric pattern. You can see the ascent from this area, but lower levels can be achieved
BINANCE:BNBUSD
by Sina-TFX
The ins and outs of trading psychologyThe ins and outs of trading psychology For something that I believe makes up the bulk of trading itself, I believe it is also the most overlooked. Trading psychology is what I am talking about, and it is definitely the most important aspect of trading that every trader needs to develop and master in order to become successful. In the most basic ways to put it, trading psychology is the term that defines all the feelings and emotions experienced day to day by traders. It is not something that can easily be controlled, however with time and experience it is definitely something that is needed to master in order to move forward in your trading journey. The two emotions that drive the markets are fear and greed. Based on these two emotions, you can find all the negative effects of trading psychology. Based on the emotion of fear, the following can occur: • Fear of missing out (FOMO), leading to bad entries • Exiting a trade too early • Exiting a trade in a drawdown only to see it go in their original direction • Adding to a losing position in hope of recovering the drawdown • Constantly checking your trade • Finding yourself glued to the charts Based on the emotion of greed, the following can occur: • Moving your original TP in order to gain more profits • Adding large positions after seeing gains in a position • Over trading and overleveraging to chase big returns • Risking big on a single trade Another important thing that needs to be understood is the difference between mistakes and losses. A lot of people think that trading mistakes and trading losses are the same thing. However, a trading loss is simply a trade that hit your stop loss and did not go your way. Until the day you learn to accept that losses are just as much a part of trading as winners, you will not become successful. A trading mistake on the other hand is you simply not following your own rules. You have to understand the importance of being disciplined and how it is possibly the single most important aspect of lasting in the markets. Never break your own rules just to be right, because as said earlier, you need to learn that losses are completely normal and expected. Emotions are a normal part of everyday life, however it cannot be stressed enough how important it is to leave them completely out of your trading. Many others believe that negative emotions should be shut off, however positive emotions are great to have, however I think otherwise. Emotions should not be attached in any way to trades, whether positive or negative. If emotions are attached to every single trade then what can happen is that you could have a great week and make a certain amount of money that week. Now by attaching an emotion to that trade, you are programming your mind to believe that the following week even if half that amount was made, it is not good enough as you do not have the same intensity of positive emotions. In trading you have to be emotionless towards both wins and losses and strictly follow your rules. Constantly working on your psychology and mindset is key to developing and succeeding as a trader. Something as simple as developing a daily morning routine, keeping a journal, meditation, exercise, and visiting a mindset coach, are great tools to constantly develop and keep your psychology and mindset at its best. Meditation alone has helped me to develop as a successful trader by improving my focus and attention, reducing stress, reduced panic, improved my information processing, increased mental strength and emotional intelligence, and increase in my focus. If there is one thing that cannot be stressed enough, it is that the aim of forex is to gain pips and not money. Chasing money, especially fast money, is gambling and you will never have control as long as you remain with that attitude.
BITFINEX:XRPUSDEducation
by opes_trading_group
EUR/AUD Free Analysis with the BULLS! In this analysis I really dumbed it down for people to understand the basic concept of support and resistance/supply and demand. In this market currencies move in my experience what I would like to call a magnetized way. Banks on higher time frames buy and sell in on positions and these are the looks you want to be looking for! Targeting the areas where price has previously been to and following the trend! SIMPLE ANALYIS! Hope you guys enjoy this and lets see how she turns out? Any questions leave them down below! I love Currency Trading.
Long
by BennettTrades
A lesson in Revenge Trading"Cut your losses short, but let your winners ride!" We have heard that quote, one and a million times, it's one of the first things you hear when you start trading, a quote almost as known as "Buy low, sell high" And why is it so important and so widespread?. The reason is pretty simple: You need to make more on your winning trades, to compensate all your losses and still make a profit. Sounds pretty simple right? Your win ratio and Risk to Reward are your most important stats, Well it's easier said than done, and today I learned something about that coupled with revenge trading. But what is revenge trading? It's as simple as looking to make quick profits in a quick and aggressive way, after suffering losses, revenge trading also involves forgetting your own trading rules and risk management. Anyone experienced trader can tell you the same, revenge trading is one of the worst things you can do and one of the fastest ways to losing your ENTIRE ACCOUNT You can wipe out, months and even years, of savings and trading profits in a manner of hours or even minutes. So when you take a loss, you should step away for a while, review what you are doing and get back in the game with a clear head. In this case, I didn't take losses, I actually did make some profits BUT I was angry that I didn't make all the profits from the top to the actual bottom. So I revenge traded, even though I was up quite well in the day. Instead of even following my own earlier analysis (linked below) I decided that the best way to make quick profits, was by trying to time the absolute bottom and get a high leverage long in there. Not only I was increasing the leverage I was also increasing the risk, by trading against the trend and trying to time the exact moment the market reversed. I didn't manage as you can see in the chart. The lesson is pretty simple: Don't ever revenge trade and don't let good trades that weren't perfect enough make you become irrational. I could have pretty good profits today, but I let myself become my own worst enemy. ALWAYS PRACTICE RISK MANAGEMENT, RISK MANAGEMENT IS VITAL TO TRADING
Education
by CryptoEstratega
4
$EEENF Supernova!$EEENF 88 Energy- Project Peregrine; consisting of Merlin-1, Harrier-1 & UMIAT Wells - UMIAT is estimated to have 124 Million Barrels of Oil - 4 Billion Shares are owned by Nominee Brokers - Sitting on 30 Billion potential gallons of High Grade Oil - Near Conoco Phillips Willow Discovery - An independent geologist said the find could be significant because it would show that an oil bearing regional geologic formation, where discoveries have been made, is larger than thought
OTC:EEENF
by UnknownUnicorn19246015
1