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How To : Chart Formations Critical Second Top & Bottom Entry Hi Traders and Investors This video is a follow up from my previous posting dealing with shifts of momentum. This time we are looking to add an additional synergy - the second touch in a chart formation - which can be found in Double Tops, Double Bottoms and head shoulder formations. Correctly using the second touch on the chart formations has allowed me to avoid many mistakes in my evaluating my trades and I hope that it will help you in evaluating your trades. When you look at the Double Top and Double Bottom chart formations, you will notice that high frequency trading and algorithms trading will often create the formation of a second top to the same level as the first top or slightly higher by taking stops pilling at the first top . At this point, you want to wait for the synergies to come into play and use your tools to look for a shift in momentum on the 2nd top touch see video. Waiting for the shift in momentum to occurs after the second touch, is a critical piece of of information that will prevent you from taking trades that are likely to be stopped out on the first test. Hope it helps have a great week end Marc
CME_MINI:ES1!Education
by PowerIndicators
9
Daily forecast on a WC daily forecast on a WC! i see this as a good risk to take given the confluences of the higher time frame not breaking that high, so their is a likelihood of price moving back to the upside. given the structure and the price action on the higher time frame i can see a last leg forming to an ascending structure. an entry can be made out on the 4H in the form of a larger flag, its just a matter of pulling that trigger at the right moment for me now. a risk of 1% will be executed if the criteria is met to my trading plan, if im stopped out im happy with the position in this frame of mind - given the potential this move has to the upside.
Long
by connorfx96
2
Why am I ignoring the 85% probability that Bitcoin will crash?In this video: * A Head and Shoulders pattern is glaringly obvious on the Bitcoin Daily chart. So, why am I ignoring the 85% probability that it will play out and we will drop to 20k? * I review my top 7 reasons why I do not see bitcoin price dropping much further 1. Bullish Divergence and kiss of the top of our trendline 2. Weak right shoulder 3. Liquidity pools drying up 4. Hedge funds back to work next week Jan 10. Back from vacation 5. Many of the altcoins have already suffered an 80% pullback. Not much room to go lower. 6. BTC.D is low 7. Everybody thinks we will crash in Jan.! Wishing you all the best! - Stew
INDEX:BTCUSDLong
by stewdamus
2
Seasonal Futures Trading Patterns S&P 500 Hey traders today I wanted to go over what I believe are the best Seasonal Futures and Forex trades during the year. There are many markets that have seasonal patterns. Such as Forex, Stocks, Futures, and Commodities. Knowing the best time to trade to look for these Seasonal Futures and Forex opportunities will help you in your trading. This series on Seasonal Futures and Forex will be ongoing with several videos. The first video will be about the S&P 500 futures and how to trade them seasonally. Enjoy! Trade Well, Clifford
CME_MINI:MES1!Education
by TradeTheIndex
How to trade levels? How to play price? How I made 30x in 2 yrs!In this video: I draw out a hypothetical initial investment. I should how you can multiply your net profit by trading out and back in along the way to your final projected target. This video is all about trading levels, a strategy I have developed from years of experience that has helped my to multiply my crypto profits exponentially. I have 30x'ed my initial cash reserves over the period of 2 years. I think you can too. I am going to show you how I did this.
COINBASE:UMAUSDEducation
by stewdamus
4