All Roads Leads to RomeIf you wish to analyze the index using traditional Japanese candles and Heikin-Ashi candles, and compare that using Bollinger Bands, Elliott Waves, Fibonacci series, and Ichimoku Kinko Hyo indicators. And you want to conduct the analysis on various time frames including daily, hourly, and every five minutes to discover the confluence between these indicators, you will find what pleases you in this tutorial video.
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***This channel is intended for educational purposes only and should not be construed as an investment proposal.
Disclaimer:
The content provided is for Educational purposes only. It should not be interpreted as legal, tax, investment, financial, or any other form of advice. Investing in stocks carries inherent risks and may lead to potential losses, including the loss of principal. It's important for investors to recognize that past performance does not guarantee future returns, and market fluctuations can impact investment value. Stocks discussed here are not synonymous with, nor should they be seen as a replacement for time deposits or similar saving instruments. Investing in securities of smaller companies may involve higher risks compared to larger, more established firms, possibly resulting in substantial capital losses. Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall I be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView
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When Are You READY to Trade with REAL MONEY?Hello hello, R2F here with another discussion.
Today, I'd like to go over the question, 'when do you know you are ready to trade with real money?'
Too many traders rush into trading with real capital before they are ready, and end up losing more money than neccessary on learning journey. People are generally impatient creatures and want to get into actions as soon as possible. Perhaps they want to find out if they are magically a trading savant before wasting time on all the usual work that is required.
However, trading is extremely simple, albeit not easy. The difficult part comes in the form of the investment of time and experience, and refining yourself as a person. Once you had that in the bag, trading offers the potential for generational wealth that comes with the freedom of time.
Without further ado, I share my thoughts on how to approach this burning question.
- R2F
Trade Like a Sniper - Episode 4 - XAGUSD - (10th May 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing XAGUSD, starting from the Monthly chart.
- R2F
EURUSD Short trade entry explanation and trading planIn this video, I want to explain to you why I'm entering the shorts based on my previous analysis. Focus on the FVG and IFVG and liquidity. Don't hesitate to contact me for help I'm always open to answering and clearing the doubts.
Initial idea
Always follow these rules
- Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
A Winning Trade ExplainedIn the video I explain my approach to the market and how I use 'trade sizing' to manage my risk in the initial part of the US session.
I walk through the price action for the NASDAQ and why I traded short and then flipped long. I explain the concept of sizing with regards to trade management and then how I 'SIZE UP' when I have conviction to end with a profitable session.
** If you like the content then take a look at the profile to get more ideas and learning material **
** Any Comments and likes are greatly appreciated **
Using Fibonacci & FPT To Identify Trends/Entries/ReversalsLearn how powerful Fibonacci Retracements and Fibonacci Price Theory are when adequately deployed.
It can tell where and when to target entries, trends, risks, and reversals.
Anyone can do this when they learn to efficiently manage the ranges and use Fibonacci tools in Trading View.
It's time you took a few minutes to learn the PRICE is the ultimate indicator. You don't need to use dozens of other indicators (unless you want to add to the core Fibonacci techniques).
Watch this video, then follow my research/videos.
How to maximize your profit per market moveApologies for the bad mic quality, the pro-mic wasn't connected this time
holding open a profitable trade with the fear of losing your already made profits can have you close a trade early, losing out on the maximum profits available on that transition
its best to employ a way for the market to tell you when its ready to close rather than you take on all of that responsibility yourself
what I do is wait for the Oscillator to switch before closing my trades
investing is better than tradingIn this video, I highlight how to use an investor's approach in the financial markets in two ways.
The first way is through what I call the "Thomas Wood" Way of entering positions that side with the market trend after price breaks out of a correction that suggests continuation of the trend.
The second way is the way I learnt to see the market movement between buyers and sellers, demand and supply - also following the trend of the market.
Trading every move that the markets present to you is deadly as it can lead to confusion, losses and tiring your self mentally and emotionally, whereas only looking for opportunities that show or suggest that the market is continuing its original flow is easier and results in more progress.
A word of caution though, is that you have to be patient when using this approach (P2+BU) as it does take time to go into effect.
The TradingView Show: Live With OKX & TradeTravelChillGreetings, TradingViewers worldwide! This interview was conducted live and is now available for playback and on-demand viewing on our TradingView account, accessible for free. This program delves into trader education, cryptocurrencies, and the flexibility of trading from anywhere with an Internet connection.
Keep in mind that this show was streamed LIVE, so you might come across references to our live chat. No worries, though; you can still watch the show instantly and access the comments section below. Feel free to leave us your feedback!
Here's a glimpse of what we cover in this episode:
1. Gain insights into crypto trading, specific strategies, and the essence of trading them.
2. Understand the dynamics of trading on-the-go and establishing personal rules in an era where crypto trades round-the-clock and connectivity is constant.
3. Discover how TradeTravelChill began on TradingView and OKX, now leveraging our integrated broker partnership. TradeTravelChill and OKX are partners, with OKX being a broker partner on our platform, facilitating seamless connections for traders.
4. Dive into trade ideas and setups in crypto markets, particularly focusing on major coins.
5. Explore some of the hottest topics in crypto markets at the moment.
Our objective with this show is to educate traders worldwide! While we don't provide direct advice, our focus is on empowering traders to learn, practice, and excel in the markets.
Relax, ask questions, and enjoy the show!
Charting versus Trading. They are not the same thingFirstly I meant to say May and not April lol (kids had me up early this morning)
Charting is a science
Trading is an art
In this video I cover some topics such as:
Hedging
Trend
The difference between Charting and Trading
Position Sizing
MTOPS Order Tool
Meta Trader with FTMO
Using various accounts within FTMO
and more ;)
High Volume Times to Trade / Part 1 🔣Hello traders welcome back to another Concept video. In this video, we detail some of the best times to trade the Eur/Usd Currency pair. This happens to be at Session opens. We go through the 3 Session opens and walkthrough examples of increasing volume ( Large candles). Session opens can provide a great catalyst for 1) a continuation of momentum of the preceding trend or 2) a dramatic reversal. The Euro and the U.S. Dollar are not open during the Asian session and so the candles are much smaller and the average volatility is much less. However, the same concept applies regarding the former.
"The Bodies Tell The Story.. The Wicks Do The Damage" - ICTIn this video I'm going to go through one of ICT's most famous sayings, which is "The bodies tell the story, and the wicks do the damage". If haven't taken the time to understand what he means, then you are seriously putting yourself at a disadvantage if you are using his concepts. This is one of the most crucial and useful pieces of the ICT puzzle. You often hear him say that the wicks are painting outside of the lines, which he sees as permissable when he is trading his PD Arrays. So without further ado, I'll try my best to provide some insight.
For illustrative purposes I'll use his Market Maker Sell Model. Just to note that this is not a video teaching about his market maker models, so the focus will not be on that or his other concepts. If you don't understand a certain term or concept, please check out ICT's YouTube Channel or the countless other resources online. This video will be predominantly shedding some light on candle bodies and wicks.
I urge you to go into your own charts and do your own study. This will truly be something eye opening if it is the first time you've actually decided to take notice.
- R2F
Trading is execution - USD/JPY Live trading exampleThis is a short mentoring/educational session.
The USD/JPY is the pair we are trading this evening, I analyse this based on the mtf wave structure.
I explained the importance of the secondary trend, as a determinant tool or information for what may happen in the future.
I also shared one of my waves of success strategy using the DMI and the VMP for trade execution.
Finally, after taking the trade, I explained late Mark Douglas probabilistic principles which acts as a solid foundation of our behaviour and interaction with the market.
The Value of an Unbiased BiasHi everyone,
In this video I would like to discuss the value of having an unbiased bias when it comes to your analysis. It’s a dry subject with only a little chart illustrating near the end, but the boring stuff usually tends to be the most important topics when it comes to making it in this industry.
I think most of us are familiar with the word ‘bias’. For those that aren’t, basically, in the context of trading, all it means is being in favour of the market moving either to the upside or downside. Your bias comes by means of your analysis and can be related to any timeframe. For example, I could have a bullish bias on a higher timeframe monthly chart, and a bearish bias for the lower timeframe daily chart.
Now, you don’t HAVE to always have a bias. If you don’t know, then you simple don’t know, and there is nothing wrong with that, it would be unreasonable and nonsensical to think otherwise. But, sometimes your bias is wrong, which leads me to the topic of this video.
I believe even for traders who don’t know how to form a technical bias, do so anyway in the form of psychological bias. Most of the time, we think the market is either going up or down, hence why we would even get into a long or short position. The tricky part is being flexible and changing your bias when the market is indicating you are clearly wrong.
Smart Money knows how we think, and they know how to create sentiment in the marketplace. This is why its crucial to be able to change your bias on a dime, WHEN it is applicable, WHEN your analysis is showing you, and NOT for any other reason. The later you are to the party, the less pips you can catch, and the less likely your trades will win.
As humans, we tend to cling to our beliefs. We block out any evidence indicating that we may be wrong about them. And when the market is showing us that we may be wrong, we just tell ourselves “Well now the market is offering me more pips, I have to get in on this move!”, hence one reason how you get long or short squeezes.
- R2F
Trading with RSI: The Bad, The Good and Even BetterIn this video I explain how to use RSI (Relative Strength Index) to make trading decisions. You'll learn how to properly use RSI oversold condition, combining low timeframe price action signals with high level context analysis.
Besides of explaining three different strategies (the bad, the good and even better) I'll do back-testing on historical data to demonstrate how those strategies translate into real trading results.
Disclaimer
I don't give trading or investing advice, just sharing my thoughts.
MARKET SAARTHI- STRONG BUY EXPLAINEDstrong buy @ max resistance area is level of highest resistance a script is likely to face from previous days of price action, though not computed those ways but in most cases, it represents the zone of call writers, historic resistance (in time frame u are trading) could bring reversal once we have price rejection from the area. it’s a area of high activity thus a user should be trading with caution and waiting out for strong buy signal for a highly trending move.
rules for trading max resistance area:
1) strong buy candle should be fully green
2) in case follow up candle is big and meets first 2 levels in a single move, our entry should be on hold and wait for price to retrace back to max resistance area.
3) upon retracement if we get consolidation with green candles, we can plan an entry above high of reference candle with ref candle low being sl.
4) targets will be levels above
5) in case of strong buy till price is trading above max resistance area, upon breaking of each level new entries can be initiated by keep low of breakout candle as sl.
How to minimize being dominated by FearSpoiler : its gratitude
I've gone through many emotions whilst keeping this position open, especially when seeing the PnL shrink
I lost sleep, exhausted my brain and felt many repetitions of the feeling vertigo
I had to get my mind right, so I took my problem to the forest and ask the divine intelligence Gods to guide me
They taught me that the best way to minimize fear is to be in a state of appreciation
that's not news to me so I then asked, how do I apply appreciation (given the law of familiarity makes listing things I am grateful for very boring)
And their answer was to unfocus the eyes and appreciate 'every' individual element that made up the togetherness around me
To make that more realistic (hard to focus on every single individual thing) they said to see the light and the love in the energetic web (which is why I assuming we gotta unfocus our eyes)
I did it and it WORKED
I am grateful for so much again. Opportunity to trade, etc etc
These sharings of mine are from a real person in real life circumstances. So feel free to absorb any value that you may find relevant
What does it take to be a SUCCESSFUL TRADER?Hi everyone,
I felt compelled to create this short video on what I think it takes to be a successful trader. I've separated it into 4 factors:
1. Passion
2. Discipline
3. Perseverance
4. Patience
From my experience, these are the core things that you need to keep going until you find successful. Strategies should be the LEAST of your concern. I always say that to be a successful trader, you have to BE that person! You have to transform the person you are now into the person you vision yourself being. If you can do that, you got it baby.
- R2F