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Harmonic Patterns

EURUSD what to do now? Banksters still have 5 times more longs.Hi Traders, thank you for watching my multi-timeframe analysis of this pair. My trading strategy is based on the simplicity and core of the markets which is Buying and selling. I'm trying to spot the next steps of the big players by using the Market profile, Volume and COT (commitment of traders) The way I think about the markets is based on the fact that Market makers (banks, hedge funds)can do their operations only when other side (traders like you and me) provide them liquidity = We must sell so they can buy and opposite. So I'm looking for the Stop loss zones, fake outs and other confluences to enter the markets. My battlefield is defined by the channels on the higher timeframes, I mostly play on the upper bands and middle bands in the directions of the COT .' I'm swing trading not intraday trading, so my ideas always takes a time and patience to play out and most important is to do the good risk management, se we can stay emotionless in a trades. Don't hesitate to comment with any questions and if you learning something support this idea with like or share it in other trading forums. Wish you good hunt !! Dave FX Hunter Previous analysis: Explanation of profit taking, before it happen Dollar analysis: ------------------------------------------------------------------------------------------------------------------------------------------------------------ Upgrade your trading view with my free indicators: FX HUNTER WEALTH COT DATA - Click the script picture below and add it to your trading view FX HUNTER COT CANDLE REPORT - - Click the script picture below and add it to your trading view
Education
by Dave-Hunter
23
How the banks use us as liquidity providers for their operationsHi Traders, thank you for watching this tutorial. Its not any secret. That markets works like this. Basic principle of the market is that if someone buys other must sell. And this is the technique of the market makers artificial intelligence how to use us for their operations. Hope it helps you realize importance of the Stop loss zones / Liquidity zones. Try to not have SL where the others have it. My trading strategy is based on the simplicity and core of the markets which is Buying and selling. I'm trying to spot the next steps of the big players by using the Market profile, Volume and COT (commitment of traders) The way I think about the markets is based on the fact that Market makers (banks, hedge funds)can do their operations only when other side (traders like you and me) provide them liquidity = We must sell so they can buy and opposite. So I'm looking for the Stop loss zones, fake outs and other confluences to enter the markets. My battlefield is defined by the channels on the higher timeframes, I mostly play on the upper bands and middle bands in the directions of the COT .' I'm swing trading not intraday trading, so my ideas always takes a time and patience to play out and most important is to do the good risk management, se we can stay emotionless in a trades. Don't hesitate to comment with any questions and if you learning something support this idea with like or share it in other trading forums. Wish you good hunt !! Dave FX Hunter ------------------------------------------------------------------------------------------------------------------------------------------------------------ Upgrade your trading view with my free indicators: FX HUNTER WEALTH COT DATA - Click the script picture below and add it to your trading view FX HUNTER COT CANDLE REPORT - - Click the script picture below and add it to your trading view
Editors' picks
Education
by Dave-Hunter
23
How to navigate any turn 2 steps ahead! Real Time examples!Live - Real Time - Trading examples of navigating the turn(s) - swings - in any market. (In this case: EURUSD & EURGBP) ======================================================================================================= The following *** Live Trading snapshot *** can be found in this Real Time Trading Post: XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX EURUSD - 5 min.; 09-24-2020, 02:05 EST. Buy - LONG @Market; w.33 pip Trailing Stop. ====================================== EURUSD - LONG; Buy - LONG @Market; w.33 pip Trailing Stop. EURUSD - 5 min.; 09-24-2020, 02:05 EST. Most likely Price Action - for reference only. 35 mins. later 45 mins. later 60 mins. later 70 mins. later 95 mins. later 100 mins. later 120 mins. later ... and... 145 mins. later ... and here it is, the same market (EURUSD)... ... "many" minutes later. XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX This Live (Real Time) Trading example (EURGBP) can also be found in the same post as the one above: The commens for this live (real time) example are included in the charts. ============ EURGBP ================== Entering LONG here: Then... ... and ... Then... ... and... ... and ... Then... BOOM!! ... and ... ... and finally:
Education
by Nemo_Confidat
The Big Picture of CompositeThis is the big picture of IDX Composite Index using Harmonic Pattern (Bearish Gartley) as projection, Pivot Points Yearly as S/R and Gann Fan as Trendline. It will happen as long as index break 2 trend line of gann fan (3/1 & 4/1) and S4 pivot points (yearly). It will be canceled: 1) If Index break and stay in S2 area untill the end of year. Index become sideway around S2 and S3 Pivot Points. 2) If Index can't break S4 this year and stay under S3, Index become sideway around S4 and S3. 3) Break and stay above Pivot Points Area will try new trend (bullish) which is less possible to happen.
IDX:COMPOSITEEducation
by jopraab
eurgbp harmonic patternhello everyone EurGbp is ricing like a rocket right now we expect to reach resistance line that mentioned in chart here is that AB=Cd is complete and we expect a gartley pattern as well notice that its opposite of trend so Enter with at most 3% of your equality notice that target is based on fibonacci and lowest profit that is available in this case my strategy is based on 1 : fibonacci 2 : harmonic pattern gartley and Ab=CD 3 : trend line and channel trading 4 ; Rsi h4 notice that in order to enter this trade you should see some confirmations like : candlesticks formation , indicator,s signs (ichimoku , moving average and ... ) then at last wait for break higher low to enter short Hope you Enjoy ♥ { comment in below and share you opinion with my team } ♥ this is MkyTradingGroup
Education
by TradeWithMky
2
Impact of Presidential Election on Financial Markets.________________________________________________________________________________________________________________________________________ Hello Traders Investors And Community. Welcome to this educational idea about the Impact of Presidential Election on Financial Markets. First of all, this is not a political view at all nevertheless we are facing the next important event that can have a substantial effect on the financial markets and therefore also important for traders and investors. Coming to this conclusion the history has shown that the presidential election and its pre also as post events can be suited into a whole presidential-election-cycle in which the several stages and timeframes within the cycle affecting the performance of markets. For this case, I looked at the past data and how presidential elections affected market performances and found out some very interesting and worthwhile things about it, these data resulting from the past election data can be measured into a 1.5-Year-Presidential-Pre-And-Post-Election-Performance-Cycle and the whole 4-Years-Presidential-Election-Performance-Cycle , both cycles are measured by historical market data and have a logical and coherent approach within them as the reelected or elected party together with the president playing an elementary role within it. ________________________________________________________________________________________________________________________________________ 1.5-Year-Presidential-Pre-And-Post-Election-Performance-Cycle: As you can watch in the graph on my chart, the past data has shown that it is a meaningful factor wether the elected party gets reelected or other party gets elected. This is matching with the theory that the new elected party needs to adjust firstly to increase economy properly, however what they both have in common is the decline in the first year after election where the market has shown decrease whether under the incumbent party or new elected party. Furthermore, the graph shows that certainly after the first year since election has passed the market tends to increase where with incumbent parties the market performed better and on the contrary, with a new elected party the perfomance of the market increased also however not that big as with the incumbent party where the increase was partially four times higher. Besides that what is also really interesting here is the difference between the incumbent party and new elected in the last six month to the new election, where the market showed some steady decrease in growth however still an increase with the incumbent party while under the new elected not that much and also showed declines to the downside. ________________________________________________________________________________________________________________________________________ 4-Years-Presidential-Election-Performance-Cycle: This graph shown in the left bottom of my chart is explicating the importance of the 4-years passing after a election, where the market clearly showed a weaker performance and possible declines in the first year after election which is matching also with the first graph and 1.5-years. This can result of a first adjustment in the market to this fundamental macroeconomic event before it can regain in pace together with the elected party and economic policies. The performance increased averagely steadily in the second year after election in historical price data till it reached its peak in the third year before election as the sitting party and president going into the objectives they have set in the campaign to increase the economy and with the goal to get reelected, this data was fairly consistent, regardless of the presidents and party political leanings. In the first year the peak performance going a little bit back which is also matching with the first graph where it also counts on the incumbent party or the new one, this year is the preparation on the new election and data has shown that performance has experienced steply declines till the election countdown. ________________________________________________________________________________________________________________________________________ Conclusion: Taking all these factors into consideration we can say that the market in the first year after election begins to grow slowly and firstly adjustes to the election results as the party comes in touch with it, then the performance begins to grow after the second year, here is it also a fundamental factor if the incumbent party got reelected or a new party got elected, as the incumbent reelection showed averagely better results. This tendency to the upside reaches its peak at the third year and then falls slowly till the election countdown. These data has been really coherent and repeatedly in the past that is why the election cycle is an important measurement that should not be kept by side. At the end it has to be noted that a massive swift in politics can also transform the cycle into other performances, however, this did not happen till now. ________________________________________________________________________________________________________________________________________ Outlook: It is no more than two months till the next election is taking place and it will be an significant occurrence as historical data has shown if the incumbent party currently consisting wins the election anew or new party is going to taking place which can change performances. Not only by the fact that history has shown declines in the first year after election we should not ignore that the corona crisis is still not yet over and that there exists a gap between real economy and stocks where real economy is still damaged by the corona increase and measurements while stock market making gains, this is an unhealthy environment which can unload itself, the real economy and stock market need to grow together for providing a solid market growth, this current economic disadvantaged situation matching with the first performance year after an election which is averagely not the best can take place into an inconsistent market outlook, therefore we should not keep the decline perspective out of sight especially the weeks and months it can show up in critical movements. _______________________________________________________________________________________________________________________________________ In this manner, thank you for watching , support for more tutorials and a good day! "There are many roads to prosperity but one must be taken." Information provided is only educational and should not be used to take action in the markets. ________________________________________________________________________________________________________________________________________
Editors' picks
COINBASE:BTCUSDEducation
by VincePrince
48
Next Week's Trading Plan = Last week's result: +57% R.O.I.The week that was... *** Real Time Trading *** We (and you?) have just completed 135 consecutive hours of Live Trading, while simultaneously posting the trades in Real Time on this TradingView page. This Live Trading Session(s) took place from September 13., 2020, 18:00 EST - September 18., 2020, 16:00 EST; I.e. five (5), consecutive and continuous trading days, from Sun.-Fri.. How did it all turn out? - Just as the title suggests: "+57% R.O.I". This post is a summary, as well as a repository for the *** Links to all the live posts *** made during those 135 hours. 1) If one traded along then one has probably long tallied up the results (and the money :-), so obviously, very little use to read on; 2) If one is interested to review / verify / analyze the trades (as one should!), posted during this live trading period. In which case the relevant posts are LINKED BELOW, where all the trades are posted as they were placed. ** However, it will be your task to scroll through(down) to find the relevant ** Real Time entries **, as these posts also contain other, relevant but static information - such as trade setups, etc.; i.e.: just additional, regular "stuff". The Trading System / Techniques used during these Live Trading Sessions are described in detail, in this post: "Nasdaq 100 E-mini; +2036 pts. profit the last 14 days. TUTORIAL" First: These are the LINKS to all the relevant posts containing the Live Sessions posts / markets: - These are Not in chronological order! The actual clues for the Live Trades are further down, in the dated list, *** following this First list, in Chronological Order ***. ------------------------------------------------------------------------------------------------------------------------------------------------------- Nasdaq100 E-mini THe FAANGs EURAUD EURUSD AUDJPY AUDUSD AUDNZD AUDCAD GBPJPY *** We are Not counting this one but one might want to look at it, anyways. This has missed Live Trading Week by 24 hours. Nevertheless,... it's a fair one :-) ***** ====================== ... and finally, here we go ... ================================= September 13., 2020; Sun. --------------------------------- Look for this Nasdaq100 chart: +30.25 points; Look for this EURUSD chart: 1.1834 .. and this EURUSD chart ...: -15 pips September 14., 2020; Mon. --------------------------------- Look for this EURAUD chart: ... and this EURAUD chart ...: +84.5 pips; September 15-16., 2020; Tue.-Wed. -------------------------------------------- Look for this EURAUD chart: -7 pips; Look for this EURAUD chart: +5.5 pips Look for this EURAUD chart: ... and this EURAUD chart ...: +38 pips ... and this EURAUD chart ...: +0 pips (scratch) Look for this AUDJPY chart: +52 pips Look for this EURUSD chart: -18 pips Look for this Nasdaq100 chart: +89 points; ... and this Nasdaq100 chart ...: +243.50 points; Look for this GBPJPY chart: +28 pips ... and this GBPJPY chart ...: -12 pips September 17., 2020; Thur. ---------------------------------- Look for this Nasdaq100 chart: Look for this AUDJPY chart: ... and this AUDJPY chart ...: +32.5 pips Look for this AUDUSD chart: ... and this AUDUSD chart ...: +30 pips Look for this AUDUSD chart: 0 pips (scratch) September 18., 2020; Fri. ------------------------------- Look for this Nasdaq100 chart: +198.75 Look for this USDJPY chart: +19 pips ------------------------------------------------------ Futures Totals: ------------------ Nasdaq100 E-mini Total: +561.50 points; Forex Totals: ---------------- EURAUD: +121 pips AUDJPY: +84 pips EURUSD: -32 pips USDJPY: +19 pips GBPJPY: +16 pips ------------------ Total: +208 pips ----------------------------------------- For the purposes of this Live Trading exercise, we have used $50,000 USD of our own funds. All of the trades, placed above, involved: - 2 ea. Nasda100 E-mini contracts (2x $16k margin); - 4-6 (Full sized) Forex lots ($4k-$6k margin); --- Basing the results on the $50,000 actual capital used, the one week (135 hours) long Live Trading session(s) resulted in: $21630 in Net Profit, or = 56.74% Net Return on Capital. (hence, the title of this post.) ========================================================================================================== p.s. BTW, this does not mean that we will repeat this "exercise" - as in live posting -, right away, this coming week :-) Good luck out there!
ICEUS:DX1!Education
by Nemo_Confidat
4
Risk-To-Reward-Calculation with Key-Components.________________________________________________________________________________________________________________________________________ Hello Traders Investors And Community. Welcome to this educational idea about the risk-reward-calculation in position trading with the 5-Key-Components determined. Today's markets constantly changing and adapting and in such environments, we need to stick to a systematic trading approach to have the long term goals realized and do not fall apart of market-making and smart money operators, when considering position-trading there are some important steps in acquiring the long-term-success we should take apart when calculating the right risk in comparison to our capital and other key-steps to measure what trading is the best for ones individual trading-system to achieve the aims we desire. Therefore I contributed the 5-Key-Components inevitable to measure one's risk-to-reward in the market and best applied in a functional trading-system. 1.) The 5 Key Position-Trading Rules 2.) Acknowledging Risk Aversion 3.) Risk-To-Reward-Calculation 4.) Risk-Reward-Ratio vs. Winrate 5.) Possibilities of Success and Ruin ________________________________________________________________________________________________________________________________________ 1.) The 5 Key Position-Trading Rules 1. First Rule: Do not hold the position longer than necessary: It is important to choose a trading-system which has good entry timing and the right opportunities to exit therefore it is the best to be in the market when volatility increases and takes profit at the important levels to not hold the position unnecessarily longer. 2. Second Rule: Aim to make as much as possible by risking as little as possible: When trading we should advance by making the most of what we have at hand, today's markets offer options with leveraged trading which can work also with smaller percentages of the deposit at hand, in this case, the leverage should be calculated right. 3. Third Rule: Only risk a small amount of capital on any trade executed: It is commonly under beginner traders to risk a high percentage of the total deposit, this is a fatal mistake as the risk grows exponentially, to achieve security of the deposit in the long-run, the maximum risk per trade should not be more than 10% from the deposit, best is 0.5-2%. 4. Fourth Rule: Don't come to the situation to meet margin calls: This means you should avoid being marginally called on any occasions, when this happens there is evidence that the trade was too risky and the stop-loss better be placed before the margin call, when it happens, it should be a time to review your trading-system. 5. Determine the maximum drawdown for every trade in advance Before every trade you should measure how your position size with the stop-loss will possibly take a drawdown in the deposit. When the risk is too high then the smaller position should be preferred, when it is still too risky than a bigger account will be a good option. ________________________________________________________________________________________________________________________________________ 2.) Acknowledging Risk Aversion This is a very important step in determining ones individual trading-systems, as traders act differently to circumstances some traders are risk-averse and others are risk-seeking, this means how the trader is reacting to risk and how much the individual would risk receiving a return. In the graph, you can see that the lesser your capital is the higher your risk-seeking, you are more ready to risk something averagely when your capital is lower, this diminishes the higher your capital is, there are different risk preferences reaching from extreme risk averter to extreme risk seeker. ________________________________________________________________________________________________________________________________________ 3.) Risk-To-Reward-Calculation In the big table in my chart you can see the risk-to-reward calculation and the values in it, the first value is the risk meaning how much you want to risk in the particular trade coming to the second value, the return is what you get in return on your trade. For example, you want to buy bitcoin at 15000 and have set the target at 15010, by the technical analysis you have determine a stop-loss at 14500, this will be a highly risky trade as you are risking to lose 500 points comparison to 10 points. The best trades are in the green section on the table beginning with trades where you gain 2 and risk 1, these trades should be the aim and preferred, the breakeven ratio determines how much trades need to go in breakeven to be long-time profitable. ________________________________________________________________________________________________________________________________________ 4.) Risk-Reward-Ratio vs. Winrate This rate is showing you how your trading develops by time, when you have a good winrate this means you are closing many of your positions in a profit on the other side when this winrate is low you closing too many positions in a loss and often be unprofitable in the long-run. What determines an excellent trader now as it is marked in the chart is when the average risk-reward ratio is high and the winrate also, this means you close many of your positions in a profit and also with the proper risk-reward-ratio. On the middle of the chart is the threshold determining low and high, you can also be profitable when your risk-reward is high and your win rate low or in reverse, what should definitely be avoided is when both the winrate and ratio are lows this means you have to adapt your trading-system for sure. ________________________________________________________________________________________________________________________________________ 5. Determine the maximum drawdown for every trade in advance This is a simple but very effective and important graphic showing the likelihood traders have for a point of ruin and how much the risk of ruin in comparison to it is, meaning when your deposit is at a level on which there is no longer possibility to continue. This graphic shows that when your capital is more your risk of losing it diminishes, on the other side when it is low the possibility for losses is more as the capital is not big to stand the losses, this is a groundstone knowledge in determining the trading-system together with risk. The graphic shows that the higher your deposit is the better you can take the risks in comparison and the lower it is the higher is the risk of losing more, this is why it is important to combine the risk together with a solid portfolio. _______________________________________________________________________________________________________________________________________ Alright, these where the 5 key-components to determine risk in markets accordingly, traders should always look for the individual situation and where the journeys should lead, therefore it is important to determine the risks in comparison to rewards which I bundled into the 5 Key-components necessary determining the risk-management in ones trading-system, these components can be combined applied, or single integrated into ones trading-system. _______________________________________________________________________________________________________________________________________ In this manner, thank you for watching , support for more tutorials and a good day! "Good luck is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets. ________________________________________________________________________________________________________________________________________
Editors' picks
COINBASE:BTCUSDEducation
by VincePrince
29