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Priceaction

Power of compounding interest, but why do traders still fail ? Hello everyone: Welcome to this quick educational video on Compounding interest in trading. Today I want to break down the benefits of compounding a trading account while keeping good risk management at bay. The reason why compounding interest is so lucrative is due to investing interest on top of interest, and your trading account can grow much faster than traditional investment returns. The important note is that, by having strict risk management rules, proper trading plan, the account can grow over time. But why do many traders fail to do so ? Let's take a deeper look into this: Many new/beginner traders often get involved in trading due to its profitable potential. However, most of them do not learn about risk management, trading psychology on mindset and emotions. They tend to over trade, over leverage their accounts in hope to double it in a short period of time. This almost always leads to traders to blow their accounts, and re-deposit more money to “chase/revenge” their losses, and the cycle continues. The truth is, growing the account by compounding can eventually double a trading account, but only in time and with strict risk management rules. However, the greed, emotion and mindset often become the tread stone for the traders’ success. It's important to understand that having a consistent, sustainable approach in trading can lead to profits and growth over time, but it's not something that is instantaneous, which is what most new/beginner traders often misunderstood. This can be due to social media, and lots of typical trading “guru” out there promising guaranteed results and easy money. Take a step back and think about compounding interest in time and scale. 5-7.5% return per month may not seem much for a small trading account, but it is sustainable and consistent by not over-risking and over-trading. In time when the account is at a larger scale, a few % return with compound effect in a year can generate very sizable return and growth. In today’s trading industry, there are many prop firms out there that allow you to trade their funds, if you can be consistent and sustainable. Understand these firms are not looking for traders to double their larger capital, rather, to have consistent return and proper risk management. When you can prove you can be consistent to compound a small account, then when you actually do trade a larger account, the % return would be the same. Last Note: Build up the right habits from the start. Your job in the beginning of trading is not to make massive returns, rather to focus on risk management, control emotion, and understand trading psychology. Once all these are checked, then you will be miles ahead of other traders who are still struggling to understand the concept. Any questions, comments or feedback welcome to let me know. Thank you Jojo
BITSTAMP:BTCUSDEducation
by jojofang0901
149
CONFLUENCE TRADING | YOUR KEY TO ACCURATE ENTRIES 🥇 If you are struggling with the identification of accurate trading entries, you definitely should try confluence zones . Note: there are hundreds of variations of confluence elements. In this example, we will discuss trend lines and fibonnachi. ❗️To identify a confluence zone, the price must follow a trend line (it should match higher lows if the market is bullish; it should match lower highs if the market is bearish). Once the trend line is confirmed by at least two touches and consequent reactions , you can look for a confluence zone. 1️⃣Project a trend line and identify the next POTENTIAL touchpoint of the market with a trend line. 2️⃣Take the last impulse in the direction of the trend. Draw a fib retracement based on it (swing low to swing high in case if the market is bullish, swing high to swing low in case if the market is bearish). 3️⃣Take the previous impulse (it must be in the same direction as the initial one). Draw a fib retracement based on it. 4️⃣Look for a match of retracement levels of the last two impulses and a projected trend line. In case if two retracement fib.levels & trend line match, you found a confluence point. 5️⃣ Apply it as a safe entry point. You will get a perfect trend following opportunity. ❤️ Please, support this idea with a like and comment! ❤️ ⬇️ Subscribe to my social networks! ⬇️
Education
by VasilyTrader
2
Key Patterns Of Price ActionKey patterns of price action. Below I will describe several key patterns, but on the diagrams you can see the analysis from a technical point of view. And also please pay attention to the rules, which I do not advise to ignore. The Cup with a handle pattern is formed according to the following logic: - On an upward movement, the bulls cannot push through the next resistance level , a correction begins. It is undesirable that there were impulses during a rollback, a moderate downward movement should be observed; -By basic rules, the bottom of the cup should be formed in the area of correction levels. A deeper rollback is allowed in modified models. In case of a deep correction after entering the market, the position is transferred to breakeven as soon as possible, the probability of the trend continuation is lower, it is better to insure; Double bottom It all starts with the formation of a new low on a downtrend, after which a rollback against the trend occurs. Then, the price goes down again and rests against the previous low. And finally, after pushing off from this level, an upward movement begins, which breaks through the level of the previous local maximum. It is after the breakout of this level (confirmation line) that the final formation of the 'Double Bottom' occurs and you can start buying. The same is with a reversal in an upward market. After the first high, the price should fall by at least 10%. Otherwise, it will mean that the bears are not strong enough. Saucer Let's start with the shape of the figure. Contrary to its name, the correct shape of the 'Saucer' figure rather resembles a bowl. As you can see, the figure is formed by a smooth price movement along a parabolic trajectory. The first half of the figure (the left side of the saucer) is a smooth descent from the edge of the saucer to its bottom. The second half of the figure (the right side of the saucer) is the same smooth rise from the bottom to the edge. Ideally, the second half should be a mirror image of the first. And the bottom should in no case be sharp . The classic 'Saucer' is formed, as a rule, on large timeframes from D1. But you can also find him on H1. Flat base In trading, the term flat means an area on the chart, without a clearly defined direction of price movement, that is, a trend. In other words, flat is the opposite of a trend. Misc Rules -all BP = 10 pips -ideal prior uptrend >30% -for wks abv avg vol: #up>#down -up 20% for new base - undercut base resets base count - 66% or 3rd stage base fails - 80% of 4th stage base fails - in base bottom look for - shakeout - tight closes - volume dryout - accumulation
Education
by DeGRAM
18
Price channels, where to look for the entry point. Channel ChartChannel - uptrend A channel in the market is two parallel lines of support and resistance, which are formed by the price. This is comparable to a rectangle, only its support and resistance levels are horizontal; The channel almost always slopes up or down. As with a rectangle, there must be at least two peaks forming a resistance line and there must be at least two troughs forming a support line. Uptrending channel sell signal Channel - Uptrend A level breakout occurs when price breaks out and breaks above the resistance line or below the support line. For an ascending channel, a sell signal is generated when the price breaks the ascending support line downward. DownTrending Channel Buy Signal Channel - Downtrend A level breakout occurs when price breaks out and breaks above the resistance line or below the support line. For a downtrend channel, a buy signal is generated when the price breaks up the upward resistance line. Internal Channel Buy and Sell Signals Channel - Uptrend Bulkowski (2005) suggests buying when price reaches support and selling when price reaches resistance in an upward channel; nevertheless, he suggests not to open a short position at the resistance level and buy to cover the support level in an upward channel, but to do so only in a downward channel; it also suggests exiting trades that close above resistance or below support, which contradicts the direction in which the trader expects prices to move in order for the trade to be profitable. Price benchmarks Price Channel Uptrending Chart Example The above EUR / USD chart shows an ascending channel with support.a trend line formed by three bottoms and a resistance trend line formed by three peaks. A sell signal is given when the price closes foruptrend support line. Price Channel Downtrending Chart Example An example of a descending channel is shown in the GBP / USD chart. The downtrend resistance line is defined by three peaks, and the downtrend support line is defined by three troughs. As soon as the price breaks above the downtrend resistance line, a new uptrend begins.
Education
by Lingrid
59
Key Patterns Of Price ActionKey patterns of price action. Below I will describe several key patterns, but on the diagrams you can see the analysis from a technical point of view. And also please pay attention to the rules, which I do not advise to ignore. The Cup with a handle pattern is formed according to the following logic: - On an upward movement, the bulls cannot push through the next resistance level, a correction begins. It is undesirable that there were impulses during a rollback, a moderate downward movement should be observed; -By basic rules, the bottom of the cup should be formed in the area of correction levels. A deeper rollback is allowed in modified models. In case of a deep correction after entering the market, the position is transferred to breakeven as soon as possible, the probability of the trend continuation is lower, it is better to insure; Double bottom It all starts with the formation of a new low on a downtrend, after which a rollback against the trend occurs. Then, the price goes down again and rests against the previous low. And finally, after pushing off from this level, an upward movement begins, which breaks through the level of the previous local maximum. It is after the breakout of this level (confirmation line) that the final formation of the 'Double Bottom' occurs and you can start buying. The same is with a reversal in an upward market. After the first high, the price should fall by at least 10%. Otherwise, it will mean that the bears are not strong enough. Saucer Let's start with the shape of the figure. Contrary to its name, the correct shape of the 'Saucer' figure rather resembles a bowl. As you can see, the figure is formed by a smooth price movement along a parabolic trajectory. The first half of the figure (the left side of the saucer) is a smooth descent from the edge of the saucer to its bottom. The second half of the figure (the right side of the saucer) is the same smooth rise from the bottom to the edge. Ideally, the second half should be a mirror image of the first. And the bottom should in no case be sharp. The classic 'Saucer' is formed, as a rule, on large timeframes from D1. But you can also find him on H1. Flat base In trading, the term flat means an area on the chart, without a clearly defined direction of price movement, that is, a trend. In other words, flat is the opposite of a trend. Misc Rules -all BP = 10 pips -ideal prior uptrend >30% -for wks abv avg vol: #up>#down -up 20% for new base - undercut base resets base count - 66% or 3rd stage base fails - 80% of 4th stage base fails - in base bottom look for - shakeout - tight closes - volume dryout - accumulation
Education
by DeGRAM
79
📚Reversal Patterns - How To Identify & Trade Them 📚 Though, there is a wide variety of reversal price action patterns. Here is the list of the classic ones that you must know if you trade technical analysis. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward/downward trend is nearing its end. The Head and Shoulders pattern has a distinctive appearance which includes a distinct ‘left shoulder’, ‘head’, ‘right shoulder’ and ‘neckline’ formation. A double top/bottom is an extremely bearish/bullish price action reversal pattern that forms after a price reaches a high/low two consecutive times with a moderate fluctuation between the two highs/lows. It is confirmed once the price falls below/above a neckline level. Ascending/descending triangle is a classic reversal pattern. It signifies the exhaustion of the market. The price sets a sequence of higher lows / lower high and respects the same highs/lows signifying a highly probable forthcoming trend reverse. The reversal trigger is a breakout of a horizontal neckline. Do you find these patterns reliable? ❤️ Please, support this idea with a like and comment! ❤️ ⬇️ Subscribe to my social networks! ⬇️
Education
by VasilyTrader
36
📚Reversal Patterns - How To Identify & Trade Them 📚 Though, there is a wide variety of reversal price action patterns. Here is the list of the classic ones that you must know if you trade technical analysis. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward/downward trend is nearing its end. The Head and Shoulders pattern has a distinctive appearance which includes a distinct ‘left shoulder’, ‘head’, ‘right shoulder’ and ‘neckline’ formation. A double top/bottom is an extremely bearish/bullish price action reversal pattern that forms after a price reaches a high/low two consecutive times with a moderate fluctuation between the two highs/lows. It is confirmed once the price falls below/above a neckline level. Ascending/descending triangle is a classic reversal pattern. It signifies the exhaustion of the market. The price sets a sequence of higher lows / lower high and respects the same highs/lows signifying a highly probable forthcoming trend reverse. The reversal trigger is a breakout of a horizontal neckline. Do you find these patterns reliable? ❤️ Please, support this idea with a like and comment! ❤️ ⬇️ Subscribe to my social networks! ⬇️
Education
by VasilyTrader
20
japanese candlestick patterns (engulfingbar bar)the engulfing bar: an engulfing pattern signals a reversal, and can be bullish or bearish. It comprises two candles. the body of the second one must engulf the body of the first one. There are two type of engulfing bars The bullish engulfing bar that cosists of two candles. the bosy of the second candle is greater in size than the previous candle. This pattern is considered to be reversal, because when it appears in a downtrend, it signals a revesal. The bearish engulfing candle consists also two candles, but it is the opposite version of the bullish engulfing bar . Be cause when it occurs in the end of an uptrend, it signals a future price reverse.
OANDA:XAUUSDEducation
by tradeplanprofit
2
japanese candlestick patterns (pin bar)The pin bar: It is candlestick pattern that consists of just one candle, it has a long lower wick and short body and little or no upper wick. Strictly speaking, the lower wick should be at least two times longer than the body, the longer, the better. There are two types of pin bar , the bullish pin bar which is a reversal candle that occurs at the end of downtrend and reverse the trend. A bearish pin bar which is also a reversal candle that happens at the end of an uptrend and revers it As you can see this chart, almost pin bar appear the trend will change reversal. This is one of the best in price action.
Education
by tradeplanprofit
japanese candlesstick pattern (doji)The Doji is a candlestick where the opening and closing prices are the same (or almost the same). It can take many forms; as shown here; depending of what the trading activity was in that period. The Doji candlestick indicates that neither sellers or buyers have gained control, and that price has ended where it began. It is a sign of indecision in the market. Let me show you an example below : In the chart above, you can see different types of the Doji candlestick pattern. This candlestick gives us a clear image about what happened in the market during the specific time period. In this hourly chart above, the formation of the Doji means that buyers and sellers are equal, no one is in control of the market during one hour, which is the time of the Doji candlestick formation. You can't use the Doji alone to make your trading decision, my goal in this first lesson is to help you read charts by being able to identify and understand candlestick patterns formation, so when you see the Doji candlestick pattern for example, you know that during that period of time the market was in an indecision phase and sellers and buyers are equal. This is the most important information that the Doji gives us when it forms in the market.
OANDA:XAUUSDEducation
by tradeplanprofit
Detail Look into Parallel Channel In Price Action Analysis Hello everyone: Let's take another detailed look into some parallel channels structures/patterns in price action analysis. Recall my previous educational video on Ascending/descending channel correction, they are higher probability reversal price action structures/patterns. Today I want to go over the horizontal parallel channel structures/patterns as well where they are more neutral, more advanced to analyze and forecast the potential direction of the impulse phase following after. Let's take a look into some of these horizontal parallel channel corrections, and break them down more. In my opinion, the longer, deeper these types of parallel channels go, the stronger the next impulsive phase will be. Although they can be tricky depending on whether they are continuation or reversal correction. I will go over for examples in different markets to pinpoint some of these price action structures/patterns. Below are some of the important topics that I mentioned in the video. Reversal Ascending/Descending Channel Risk Management: 3 different entries on how to enter the impulsive phrase of price action Multi-time frame analysis Identify a correction in price action analysis Continuation and Reversal Correction Any questions, comments, or feedback welcome to let me know thx :) Jojo
OANDA:XAUUSDEducation
by jojofang0901
39
FLAG PATTERNS & PSYCHOLOGY BEHIND BULL AND BEAR FLAG FORMATIONSHi everyone and Good morning. Welcoming you back (after 18-week break) Thanks for your like and supports. This is Part 3 of my Technical Analysis series of CHART PATTERNS BULL AND BEAR FLAGS Now, for those meeting the words BULLS and BEARS for the first time, these are terms used to describe the buying and selling action of traders BULLS generally refer to the price action of buyers as they drive Stock PRICES UP, while BEARS refer to the selling action of sellers as they drive stock PRICES DOWN. For starters, let’s define what a Flag pattern is: A flag pattern is a TREND CONTINUATION PATTERN . It is named a flag pattern because its formation resembles a flag on a flagpole. The pole is usually the result of an almost VERTICAL RISE IN PRICE, and the flag part results from a PERIOD OF CONSOLIDATION When the price breaks out of the consolidation range, it triggers the next move higher. Flag patterns can either be BULLISH or BEARISH. Follow me closely, as We will now look at BULL and BEAR Flags in turn: BULL FLAGS Bullish flag formations are found in stocks with STRONG UPTRENDS. They look something like (sketch 1 on chart) As can be seen on the sketch 1 chart above, the pattern starts with a STRONG, ALMOST VERTICAL price spike, that eventually start losing steam forming an orderly pullback where the highs and lows are parallel to each other forming the FLAG in the form of a tilted rectangle. The tilted rectangle (flag) usually breaks to the upside resulting in another powerful move higher, usually measuring the length of the prior flag pole (Let’s consider the sketch 2 chart) Now let’s look at BEAR FLAGS : The bear flag is an upside-down version of the bull flag. It has the same structure as the bull flag but inverted. looks like sketch 3 As can be seen above, the flagpole forms from an ALMOST VERTICAL price drop, which is followed by a period of consolidation, with parallel upper and lower trendlines forming the flag. A break of the support structure of the flag, results in another move lower, with the same length as the prior pole. Just as with any Chart pattern, there is usually psychology behind its formation. Let us look at the PSYCHOLOGY BEHIND BULL AND BEAR FLAG FORMATIONS: On bull flags, the bears (short sellers) get blindsided due to complacency as bulls (buyers) charge ahead with a strong breakout causing bears (short sellers) to either panic and cover their ‘shorts’; or add to their ‘short’ positions. Once the stock is in the consolidation stage, the bears (short sellers) regain some confidence and they add to their ‘short’ positions with the expectation of a price drop; only to get trapped again when the price break to the upside causing short sellers to cover their ‘Shorts’ thereby driving prices even higher Since some short-sellers from the initial flagpole run up may still be trapped, the second breakout forming through the flag can be even more extreme in terms of the angle and severity of price move. That is precisely the psychology behind BULL FLAGS; and that same psychology applies on BEAR FLAGS, just in reverse. Now let’s consider the sketch 4 on how we can make money from bull and bear flags: On a bull flag, you typically want to enter a Long trade on a breakout to the upside. Take profit target should be the same length as the prior flagpole. Stop loss should be placed just below the broken resistance line, which will now be acting as support. I will leave it here for this week, that’s all I had in store for you. Follow me And JOIN me again next week as we will be talking about another Chart Pattern that works. Until then, here is to Profitable trading!
COINBASE:BTCUSDEducation
by TaherJalili
6
#NASDAQ - Price Action EducationThrowing a like, share or comment with any constructive criticism or feedback is greatly appreciated and will motivate us to always improve! 👋 Hey TradingView Community. Extremely happy to finally be on TradingView sharing our ideas publicly with you all. Let's take a dive into the OANDA:NAS100USD What can we see on this chart? well let's firstly list the tools we used to analyze the chart, this won't be long as we don't use much to determine price predictions and outcomes. Our Tools: Horizontal Line Tool - Provides a visual way to mark a important price Price Range Tool - Shows the detailed range between two prices in pips, percentage and points Path Tool - A self drawn 'path' prediction of where we see price moving. Now we know what tools we used, what each individual tool does and how it's going to help us in spotting where price will be heading. Time to look at the three important prices which are 13992.0, 13856.6, 13741.4 now if we look at them from top to bottom so 13992.0 to 13741.4 we can see that price is sitting closest to what? You guessed it 13856.6 which is going to be our IMPORTANT PRICE throughout this tutorial. Our Price Range displays 333.9 (2.43%) 3339 which if you're a little confused as to what they all mean it's points, percent and pips. Simple right? But here comes the fun part, weren't we saying that previously, we drew with our Path Tool to display where we believe the price will move? Correct, in fact, our Price Range is there for us for two potential positions. Two Potential Positions: Short - 1 Long - 2 We'd look for shorting the current price from one of our three plotted prices 13992.0 down to our first target 13856.6 and with a solid eye for detail we're hoping for that second target 13741.4 which would mean a few things for us to note. A) We were correct for our first position. B) Price is moving in the direction we anticipated C) Our horizontal line tools are our targets and indicators of price direction D) We're following the price to take advantage of multiple positions carefully with a great risk plan Regardless if we were incorrect about it continuing down to Target 2 in this case, we still would of made a 1% gain. So now that we've explained the above, what do you think we would do when price hits 13741.4? Big Tip: our Price Range tool shows the direction of what we do next.
OANDA:NAS100USDEducation
by UnknownUnicorn21108119
How to identify a correction for the next impulse move ? How to identify if a correction is finished/completed and ready for the next impulse move ? Hello everyone: In this educational video I will go over how to properly identify a correction in price action analysis. I recently made a price action workshop live stream video that went over everything on impulse - correction, structures/patterns, continuation and reversal corrections, but I still get a lot of questions on identifying corrections itself. How to draw, use the trendlines to identify a correction, and how to understand they are going to complete/finish. In my opinion this is the most important part in technical analysis. We need to understand that the market moves in phrases, it can only be in the impulsive phrase or corrective phrase. The key to trading is to understand when a correction finishes, we are going to get the impulsive phrase which will give us traders a better edge in the market to enter, where the momentum is strong. I have made many educational posts on price action analysis, specifically on continuation or reversal correction, which I will put the links below. Any questions, comments, or feedback welcome to let me know. Thank you Jojo Price Action Workshop www.tradingview.com Impulse VS Correction Continuation and Reversal Correction Multi-time frame analysis Continuation Bull/Bear Flag Reversal Ascending/Descending Channel Reversal Double Top/Bottom Reversal Head & Shoulder Pattern Reversal “M” and “W” style pattern Reversal Impulse Price Action Expanding Structure/Pattern
BINANCE:BNBUSDEducation
by jojofang0901
62
Bearish Cycle in the MarketBearish Cycle in the Market 1) "market maker spread" is the maximum and minimum of the initial channel. This is usually 25-50 pips high. 2) "Stop Hunt" usually consists of three movements that can occur in a short time. Three impulses will be marked on the "live" candle. The end of the stop hunt results in the extreme value (LOD) of the cycle and gives the first signal of where the reversal will occur. 3) "Zone Shift" is a movement intended both for accumulation and for keeping the trading volume concluded at the maximum of the price movement. According to my observations, I can say that after the "Zone Shift" consolidation is formed, volume continues to accumulate. In these places, you can just look for an entry point. 4) A large impulse move during the initial channel may still be worked by resetting the initial channel hi / lo AFTER the move occurs and then looking for stop runs from the reset channel. 5) Correct entry in the second stage with “peak formation” will use the “zone shift” to take profit. 6) Use the bigger picture (1 hr & 4 hr time frame) to identify levels for possible entries. At the lowest level (15min), take trades ONLY from the LOD / HOD. ------------------------- Additionally: Duration of consolidation after stopping hunting before HOD / LOD Difficult to define. We do not know how long a major player will take to gain a position and we do not know how much volume he needs. A) The previously accumulated volume can be quite large, so no consolidation is required and a V-shaped bottom occurs. B) Additional time may be required to accumulate volume . C) Additional time may be required followed by the expected search for a second stop (wide W-pattern) ------------------------- Share your opinion in the comments and support with likes. Thanks for your support!
Education
by DeGRAM
5
Bearish Cycle in the MarketBearish Cycle in the Market 1) "market maker spread" is the maximum and minimum of the initial channel. This is usually 25-50 pips high. 2) "Stop Hunt" usually consists of three movements that can occur in a short time. Three impulses will be marked on the "live" candle. The end of the stop hunt results in the extreme value (LOD) of the cycle and gives the first signal of where the reversal will occur. 3) "Zone Shift" is a movement intended both for accumulation and for keeping the trading volume concluded at the maximum of the price movement. According to my observations, I can say that after the "Zone Shift" consolidation is formed, volume continues to accumulate. In these places, you can just look for an entry point. 4) A large impulse move during the initial channel may still be worked by resetting the initial channel hi / lo AFTER the move occurs and then looking for stop runs from the reset channel. 5) Correct entry in the second stage with “peak formation” will use the “zone shift” to take profit. 6) Use the bigger picture (1 hr & 4 hr time frame) to identify levels for possible entries. At the lowest level (15min), take trades ONLY from the LOD / HOD. ------------------------- Additionally: Duration of consolidation after stopping hunting before HOD / LOD Difficult to define. We do not know how long a major player will take to gain a position and we do not know how much volume he needs. A) The previously accumulated volume can be quite large, so no consolidation is required and a V-shaped bottom occurs. B) Additional time may be required to accumulate volume. C) Additional time may be required followed by the expected search for a second stop (wide W-pattern) ------------------------- Share your opinion in the comments and support with likes. Thanks for your support!
Education
by DeGRAM
5
Bullish Cycle in the MarketBullish Cycle in the Market 1) Use the higher time frames to determine the direction of the trend, the boundaries of the consolidation channels, and look for the entry point on the lower time frames. 3) "Zone Shift" is a movement intended both for accumulation and for keeping the trading volume concluded at the maximum of the price movement. According to my observations, I can say that after the "Zone Shift" consolidation is formed, volume continues to accumulate. In these places, you can just look for an entry point. 4) "Stop Hunt" usually consists of three movements that can occur in a short time. Three impulses will be marked on the "live" candle. The end of the stop hunt results in the extreme value (LOD) of the cycle and gives the first signal of where the reversal will occur. 2) Correct entry in the second stage with “peak formation” will use the “zone shift” to take profit. 5) Impulse move during the initial channel may still be worked by resetting the initial channel hi / lo AFTER the move occurs. 6) The high and low of the initial channel is called the "market maker spread". This it typically 25-50 pips in height. ------------------------- Additionally: Duration of consolidation after stopping hunting before HOD / LOD Difficult to define. We do not know how long a major player will take to gain a position and we do not know how much volume he needs. A) The previously accumulated volume can be quite large, so no consolidation is required and a V-shaped bottom occurs. B) Additional time may be required to accumulate volume . C) Additional time may be required followed by the expected search for a second stop (wide W-pattern) ------------------------- Share your opinion in the comments and support with likes. Thanks for your support!
Education
by DeGRAM
9
Bullish Cycle in the MarketBullish Cycle in the Market 1) Use the higher time frames to determine the direction of the trend, the boundaries of the consolidation channels, and look for the entry point on the lower time frames. 3) "Zone Shift" is a movement intended both for accumulation and for keeping the trading volume concluded at the maximum of the price movement. According to my observations, I can say that after the "Zone Shift" consolidation is formed, volume continues to accumulate. In these places, you can just look for an entry point. 4) "Stop Hunt" usually consists of three movements that can occur in a short time. Three impulses will be marked on the "live" candle. The end of the stop hunt results in the extreme value (LOD) of the cycle and gives the first signal of where the reversal will occur. 2) Correct entry in the second stage with “peak formation” will use the “zone shift” to take profit. 5) Impulse move during the initial channel may still be worked by resetting the initial channel hi / lo AFTER the move occurs. 6) The high and low of the initial channel is called the "market maker spread". This it typically 25-50 pips in height. ------------------------- Additionally: Duration of consolidation after stopping hunting before HOD / LOD Difficult to define. We do not know how long a major player will take to gain a position and we do not know how much volume he needs. A) The previously accumulated volume can be quite large, so no consolidation is required and a V-shaped bottom occurs. B) Additional time may be required to accumulate volume. C) Additional time may be required followed by the expected search for a second stop (wide W-pattern) ------------------------- Share your opinion in the comments and support with likes. Thanks for your support!
Education
by DeGRAM
4