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Howtowintrades

How To Trade EMA here i have set very good example on how you can trade EMA it's common for every asset that it follow the price of EMA ( the moving average ) let's take example i set 7 ema on weekly chart so it's total 49 days moving average so if price make bounce above this ema on weekly something has been cooking in the asset . it's 49 days downtrend same breakdown of EMA ( exponential moving average ) also shows upcoming correction in price on higher timeframe so don't ignore moving average use this EMA with the triangle and other pattern and make your trading better any asset always respect it moving average price if fall below major ema than it will take resistance if goes up than it will bounce when it touch EMA
Education
by TheLightCrypto
Trading - Only Strong Trend Markets Day Trading - Only Strong Trend Days (Can also be used on HTF for investing) There are generally only 2-5 strong trend days a month. The majority of trading days are some form of trading range days, either within a range or a weak channel which reverses and forms a trading range. On strong trend days the market offers what most traders want - a high probability of a large reward, with a tolerable risk. Usually the risk feels greater (and often is) on a strong trend day because there is a sense of urgency, and the bars are often bigger than normal. On trading range days the bars tend to be smaller, offering what appears to be a lower reward, but there are many more failures and reversals. This makes it very difficult to identify a good setup, and even when there is one the market does not make it very far before there is an opposite reversal. This lures unsuspecting traders in, who continue fighting the market taking every trade or only the losers. This type of market is like a boa constrictor. The more you fight, the more you struggle, the tighter its grip and the harder it is to overcome the draw downs and emotional fatigue. Because these types of days are hard to trade and do not offer what I want (a good chance at a large reward), I choose to sit these days out. Instead, I wait for a strong trend day, and then continue to wait some more for a pullback and my edge. Does this mean I miss out on some good moves? Sure. But I do not care. I trade to win, not to trade for fun. It does not matter what I miss, it only matters what I take and the actions I make in the market. So how does a trader know if the day is a trading range day or likely to become a strong trend day and should be traded? In order to help guide you, here are some common characteristics of a trend day. "......" After the above has been identified - it is still better to wait for a pullback and an edge like a "......." This increases the likelihood of a good trade with a strong traders equation. It also helps decrease stress of prices going against the position as it often does when you just enter at the market or without an edge. Of course, waiting is not easy. Just like Tom Petty said "Waiting is the hardest part!" Does this mean you are less likely to lose? Usually, but not always. Even with trend trades fail, although less often. It is absolutely possible to lose money selling in a bear trend or vice versa. The key is to continue onward, and enter the next with trend trade if there is one. If not, or it also fails, prices are more than likely in a trading range and you just haven't yet realized it. If this is the case, it is often better to stop trading and wait for a strong trend day, rather than continuing to fight the market when it is not offering what you expected. **These ideas and strategies can also be applied to higher time frames and long term investing. "..." = withheld material from original post (members only material). If you found this helpful please like! Feel free to comment or ask questions
A
by tradersmentality
WHY TRADERS LOSE IN FINANCIAL MARKETSWhy Traders Lose In The Financial Market. Three Important Things To Know Before Trading You may be one of the traders out there, Who has lost plenty of dollars in the financial markets. So in today’s lesson we are going to check the most common trading mistakes a trader does when he starts trading. Knowledge: So the first important accept in losing in the financial markets is because of the lack of “knowledge”. What happens in the trading world is people start trading without even knowing what the market actually does. How does it move or where does it move. Most of them who lost in the financial markets are those have heard a friend or a colleague who would have said that making money is easy in the financial markets. That’s because they would have come across some kind of advertisements where it propagates that you can make hundreds and thousands of dollars in the financial markets just by clicking a simple button of Buy/Sell. Risk Management: Second important thing in losing the market is because of lack of Risk managements. Now most of the traders doesn’t follow a risk to reward ration while they are trading. I’ll tell you why people don’t keep stop loss. The important reason behind it is when they started trading the markets, they would have taken a trade and it would have hit a target, while they are very happy about the profits they made. Now comes the dark side of the markets. Next time when they start to trade the trades goes against them and now they don’t know what to do because they never had an idea about it. So once they start losing they keep on holding it, At some point when the market pulls back and they have a break even trade and comes out. But this pressure they went through will be there deep down so now they think to themselves keeping a proper stop loss would help me reduce the risk of losing the whole account. Next trade they use a stop loss. Now what happens is the market comes down and hits their stop loss and boom it pulls back to the target zone. Now they start to curse the market and would say i shouldn’t have kept the stop loss or else it would been in profits. Finally the next trade they take without a stop loss the market moves against them and finally waiting it will reverse at some point the market goes further negative and wipes their account. This is what happens to most of the traders out there who doesn’t follow a proper stop loss. They start losing their whole investment in few days or weeks. Lack of Strategy: Now there is a very common phrase which I ask to all my students at the beginning of a class ” Have you even thought why did you take this trade”. The most common answer which I hear back is to make money. Just took a trade because the market was very high or very low. So one of the misconception among the traders is when they see the market rally high in the charts, they start to get an idea that now it’s going to go for a sell. Alternate scenario when the market goes very low they start to think the market will now start to rally up. Even you who is reading this article can be one of them. I’l explain you why after you thought the market is very low still it’s going down, that’s because you never had a proper strategy or knowledge to know whether this price which you assume is high is even the highest point or not. So in order to know what first of all build up a strong strategy where you could be so sure that this is the markets highest point or the lowest points. Do some testing of the market and back test your strategy before you take a trade. Conclusion: Try checking out all this mistakes which you have done so far and try to change your mind set. Yes! mind set is one of the most important thing that you need while trading the financial markets. Without a proper discipline and mindset you can’t be consistent in your profits. To learn more about the trading psychology and other trading materials.
Education
by Kishore
16
USDCAD - Rooftop SHORT smashing gamesSo taking a look at the USDCAD right now after some banter on the chat :) My lines represent where I suggest you short or PUT the asset. For binary its all about 15-60 minute expiration. For FX its all about adding more points on for each new line crossed. See the predicted potential drop off zone, potentially a huge amount of unsupported price there. Plus check out the predicted FIB lines that we are now in the middle of. Pretty simple stuff really. Due to the data set to hit the market shortly, July 4th next week along with the NFP....My thoughts are simple - SHORT THE BITCH! ;)
Short
by STBinary
5
Welcome to the drop - USDJPYSo many of us out there wish to truly capitalise on the huge jumps and troughs out there on all major pairs. My firm belief is that we are about to continue into unprecedented low field price and that the worst is still yet to come. Dont forget what happens everytime an ECB or FED talking head gets on the screen....Generally the market falls as all they ever promote is more stupid uncertainty or a sheer view as to how thick they truly are concerning quantative measures for economic stabilty growth and future prowess. Right now for Binary take that USDJPY down for the next 4/5 hours with 15 minute expiration positions. Check out the other analysis posted up for the safer route via GOLD. Feedback and ideas welcome! adam@stbinary.com if you want me personally ;)
Short
by STBinary