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[Trade Review]How I traded $DIS 200% GAINS, $TLRY, $MSFT, FUMBLEIn this video I will reviewing trades I took on June 28, 2021 which were $TLRY, $DIS, $MSFT, $ZM from watchlist I provide from the stream on Saturday! Along with an explanation of my plan as well showed you guys my TA for some possible set ups! Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emma's, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always! Want to see more content like this? Make sure to Like and Subscribe!
NYSE:DISEducation
by Raulf-m
REVIEW AUDUSD H1 TRADE PLAN PROFIT 17 - 21 MayHi, I review trades in last week, As you can see, I trade 5 trades I use Price Action combine with Kijun/Tenkan and SMA 50 Volume I win 2 trade with +5.4%, +4.8% and lose 2 trade with -2%, -2%. So I have +6.2% and one trade does close yet. My Rule: 1. Open Trade: Pin bar, Engulfing bar, Big bar close below/above Kijun with Volume higher SMA 50 2. Close Trade: Price close near Tenkan with high Volume Click Like and Follow Trade Plan Prfoit
by tradeplanprofit
[REVIEW] EURUSD H1 TRADE PLAN PROFIThi, this is trade plan profit, today, I will share you the last trade I open to show your exactly what I trade as you can see the h1 chart eurusd, in the 1st trade, you can see the bullish engulfing bar closed above kijun & tenkan, this is great signal for me. This is show me the buyer is so strong and the momentum will push price up. but this is not enough, sometimes the price is lie you so I check the volume. With me the volume must bigger than volume sma 50. Because I trade in h1, 50 period will prove the momentum is good enough in about 2 days (48 hours) summary, you can see 2 trade I had, the same strategy and the same result let like and follow me to give the best trade plan profit for you !!!
by tradeplanprofit
2104 Quick Revew of last week trading plansHello traders Today is 21th April Wednesday. We are going to have a quick review of last week trades we sent out, not trading plans on tradingview. 1st one EURGBP This is a trade hit stop loss by a third hit on this upper band of flat channel with 30 pips loss. Autually, EURGBP gave us a second chance to sell on last Friday after hitting our stop loss on the reflection point of the channel. I personally did open a sell on that that position with 1 lot. Now this ratio is pulling back on 1h chart with sideways. You could keep eyes on this ratio for new entry opportunity to sell. 2nd USOIL We got this trade hit all targets with 200 pips, RR>3. Actually, we could be better because usoil rise up to 64 eventually. And our second idea on USOIL on 1h chart to long again hit its 1ST target too. And traders who open a trade based on 1h chart like us might be got a break-even trade because OIL start to drop from this Tuesday after hitting the upper line of that channel again and made a hard drop from there. 3rd GBPUSD GBPUSD hit our 1st trade stop loss with 50 pips loss. And it almost hit our 2nd trade with a fake breakthrough. But it did not. And eventually , it move alone with the flat channel and changed its running rhythm with middle band support and rallied up to hit all targets of our 2nd trade with 230 pips, RR>5. 4th XAUUSD GOLD hit our 1st trade while it making a retest of middle band of Bollinger band and we got out 2nd trade by that position with potential RR>4, targeting 1777. It did a wonderful job. So two trade on GOLD eventually got 240 pips profit. 5th USDCAD We were expecting a trade to follow main channel to drop. But USDCAD surprised us with a strong rally up to break it and hit stop loss with 70 pips. 6th USDJPY USDJPY we expected it to reversed by breaking through this trend line on 1h chart. But it kept moving after a correction that broke this trend line and hit stop loss with 40 pips. So totally we got 390 pips all together last week. Plans last week on EURJPY, GBPCAD AND NZDUSD did not become a real trade for us. EURJPY did not give us a confirming signal. GBPCAD gave us a reversal signal and we did not want to join it. NZDUSD did not pull back for us to join. So thats reveiw for last week. Good luck for this trading week. Will update new plans later video. Good luck!!! LESS IS MORE!
by FUNTRADER-Vera
US Indices Backtesting and Charting Session On Price Action Hello everyone: As promised I will periodically make these backtesting/chart work videos on different markets, pairs and timeframes. This is for me to present the importance of backtesting in trading consistency. Not only it will help traders to not have emotional decisions such as FOMO or fear of losing, it will give traders confidence at identifying trade opportunities and execute them when the time comes. The more we do backtesting, the easier we spot an entry, setting a SL/TP, and remove any emotional decisions. Today I want to go into the US Indices, specifically the SPY, NASDAQ, DOW. I will pick a few market crashed examples and dig deeper into them. Few educational videos below on the topic of backtesting, and why it will help you in your trading journey. How & Why I backtest: Prevent Blowing an account by backtesting: Backtesting & Chartwork on USDCAD: Any questions, comments, or feedback please let me know :) Thank you Jojo
OANDA:SPX500USDEducation
by jojofang0901
20
Implementing Heiken Ashi CandlesKEY POINTS: Heikin-Ashi is a candlestick pattern technique that aims to reduce some of the market noise, creating a chart that highlights trend direction better than typical candlestick charts. The downside to Heikin-Ashi is that some price data is lost with averaging, which could affect risk. Long down candles with little upper shadow represent strong selling pressure. Long up candles with small or no lower shadows signal strong buying pressure. ----------------------------------------------------------------- When paired with risk management tools, trading indicators can give you a clear insight into price movements. Heiken Ashi candlesticks resemble a typical Japanese candlestick, but several details differ from the traditional candlestick chart. Every Heiken Ashi candlestick has an upper candlewick, a shadow (lower candlewick) and a body – much like the Japanese candlesticks. However, a bar in the Heiken Ashi starts from the middle of the one before it and not where the previous one closed-a significant distinction. Each candle has a high, low, open and close, and thus the Heiken Ashi formula has four segments.The opening level is the midpoint of the previous bar; the Close of each bar is the average of high, low, open and close. If you’re aiming to catch persistent trends, then Heiken Ashi will be valuable. NOTE: However, day traders who need to exploit quick price moves may find Heikin-Ashi charts are not responsive enough to be useful. Also, due to no price gaps within Heikin-Ashi candlestick charts, risk management is harder to monitor. Using additional methods to watch risk is advised. The formula for calculating Heikin-Ashi candlesticks is as follows: Open= (Open of previous bar+ Close of previous bar)/2 Close = (Open + Close + High + Low)/4 High = the Maximum Price Reached Low = Minimum Price Reached *Hope this helped refresh your knowledge of Heikin-Ashi candlesticks or showed you a new trading strategy to use.
NASDAQ:CLSKEducation
by kingmidasLXIX
1
Global Analysis - where the bitcoin price will go. BTC/USDTHello dear friends. I have tried to explain each point on the chart. I think you will wash my analysis, and make the right decision for yourself in the position. Look - the decisive zone now is the level 33800-34400. Since this is a zone: The first is corrections from the "W-bottom" pattern The second is the range of work of strong players. Thirdly, if today, at one of any trading sessions, regardless of whether Asian, European, or American, the price remains above this level. Certainly - long position before the top update 38800-40000. Also, on the graph, I described to you the levels at which the big players work - these are green and red rectangles. It is by these values ​​that a large player is working now - the larger the rectangle, the stronger it is. -The 4th stage is EMA 157, which currently serves as resistance, going beyond it will push the price up. The 5th point is that this range will be decisive even in the case that if the price remains above this level, then it covers all this fall - which lasted several days, and indicates to me such a structure - as an impulse - correction (which is now) and upward momentum. Frequently, the second impulse happens much more strongly than the first, so be prepared for the fact that such a course of events can be seen in the next few days. Especially on the weekend. We have a global support line - if there is a true exit for it - the bitcoin missile cannot be stopped until $ 50,000-60,000 now about the second outcome. If the price is closed below this level 33800-34400, it will be driven to levels (white rectangles) and each of them will be tested - or it will be closed with an impulse and with the same impulse will lead down to 28800-27500-26000. What position I will enter, I will inform all those who trade with me in private trading ideas, the result of which, I will show after reaching the target. Don't rush to make decisions. Volatility at such levels can reach 2000 points and trading can take place for several hours - "2-4-6". Wait for a confirming pattern, volume, as well as the use of any indicators that tell you to choose a position. Please - observe risk management and money management - trade with stop loss. Set Take Profits and be flexible in trading. Profitable trading, everyone, and have a nice day. I hope you enjoyed my analysis and you support it with like.
by UnknownUnicorn13204076
2
Bitcoin - the level where everything will be decided BTC/USDTHello dear friends. Looks after the levels, open the position according to the price direction. (do not forget - there is no need to rush, every growth has a correction, every fall is corrected to certain, strong levels. It is from them - look for a point for yourself entering the direction of the trend) Immediately I want to thank each of you for the message "where did you go dude?" - I’m here, I’m back, I just took a little rest, as I began to disassemble the market not from the best side. So, let's begin. Today I wrote a recommendation in the comments that I open a long position to update the top 35000 - 3 target marks - reached - 1750 pips / $ in our wallet. Congratulations to everyone who took advantage of this. And now about trade. The chart shows a descending triangle, which is squeezed to the lower border. But we trade within the day, and we have strong market maker levels (each of them, I marked for you - white rectangles) We trade them. and I recommend that you, in an incomprehensible situation, trade on the breakout of these levels. (if there is a true candlestick breakout at the moment at 2 hours of TF, open a position in the direction of the price, as the price will lead to the next level. But, we have the Strongest 2 levels. On which we will decide everything. It's 35500 and the mark is 32000. these levels will give 93% price direction for the next 4 days. and let you immediately understand that each trading session has its own levels, its own price movement of the bitcoin price. If the level of 35500 will be broken, and there will be a higher trade, the price will lead to such a mark as 38000- 39000- 40,000-41000. So far, I do not recommend opening short positions. We had a big liquidation of short positions. 2) There are many market participants (traders) - almost 70% are waiting for growth (and we will trade with them, and not against the market. 3) we have a support zone of 32000. If it is broken, the price will be brought back to update 29800 - 28500 - 26600 - 24000. (these are the target CME futures) For those who do not know what position to enter - I recommend looking after the yellow dotted line. Also for you, another tool is the blue dotted lines (Gann Angles) Plus - ema 157. If I break it, and stay above it - a definite long. This will be a very strong signal for the price hike up, in order to update the very top of 41500 and continue to grow to 46-48 thousand. I would advise you to look towards long positions for now, as there is another level - this is the mark 33800-34000. If it is destroyed, the price will be returned back to 32000-31500-30500-30,000. The price move is 2950 points. it is at such distances that inexperienced traders will close their stop losses. So I ask each of you to keep track of your money management, risk management, and stop loss.
Long
by UnknownUnicorn13204076
10
Confirm "head and shoulders"? Falling further? BTC/USDTHello dear friends. Let's assess the Bitcoin situation together now. We will disassemble for 2 hours TF. We have confirmation of the Head and Shoulders pattern. Often - in 97% the price returns back to the "neck" line. These are the marks on the chart: 35900-36750. It is at this level that you must be extremely careful. Why? Because, we are forming a falling wedge, on an uptrend (for now). If the price goes beyond this level, the price will be pulled to the level of 38500-39000 and the triangle will be broken upwards, to update 42000-45000. For the next 3 days, f the resistance level is confirmed at the price marks: 35900-36750, bears will pull the price down. Get ready for it I expect confirmation of this level, and the price down to the bottom. But I am not a market maker, I am also mistaken, therefore, I described 2 scenarios to you, and indicated a strong level. Which will show you the direction of the price. Be flexible in your trading, respect your risk and money management, trade with stop loss, and never trade on your convictions. 2017 was similar to this time of these events. There is also another option - breaking the descending triangle downwards - if the 33800 mark is broken, definitely - a short position to continue the trend.
by UnknownUnicorn13204076
Book Review: Trading in the Zone by Mark DouglasSome say that trading is 10% mechanical and 90% psychological. One of my mentors once said "The simpler we make trading, the more profitable it seems to be." and it was a profound statement to me at the time... It was one of those "I heard the exact thing I needed to hear at the exact time" moments and it changed the way I traded. It is in our nature to over-complicate things because we have been conditioned to think that profitable ventures must be complex ventures from a very early age. How many times have we heard "You can't do that... only rich people get to _____." "You'll never be able to get _____ without a college education and years of hard work (working for *someone else*!)." And of course, "If trading were so easy, everybody would be doing it." We are surrounded by negative ninnies nullifying our natural need to succeed. Well, I believe trading indeed is easy, but becoming a trader... now that indeed is the hard part. In an earlier article I talk about Backtesting and its importance in determining if your trading system works, answering the question "Can this system generate a *reliable* income week after week?" Once you determine that, the question is "Can I work the system?" And that question, my fellow traders, is all about psychology. (And the point of the book at hand: Trading in the Zone.) This article rounds out what I believe will be my two most important book reviews. In my previous review of Price Action Breakdown I highlighted the processes of technical analysis as presented by the author. Using Supply and Demand we can find the movement of money in the markets and reliably place trade after trade right behind the big institutions who move those markets. There are many ways to trade using a Supply and Demand methodology. I myself came up with my own method which I call Sabre which I formulated from my years of experience standing on the shoulders of giants, following rules, managing risk, and "sharpening the saw" as the late great Steven Covey would say. However, no matter how good a system is, if not followed properly, (and in some cases if not followed to the *letter*) even the best 'systems' will produce mediocre or even negative results. For instance, there are plenty of great weight loss and weight management 'systems' out there (Keto, Paleo, Atkins, Whole 30, ...) but if one does not have a good psychology, they won't "work the system" even though they know that "the system works." It isn't until a person's *psychology* is right (i.e. that the PAIN of being overweight/unfit is greater than the perceived pain of following a system) that they will follow a prescribed system of weight management or fitness. Mark Douglas opens his book on this very topic, saying that "The consistent winners think differently from everyone else." It's not smarts, or market analysis, or a super-duper indicator that separates the successful from the unsuccessful, but one's State Of Mind , and primarily a state of mind that thinks in probabilities . Trading, says Douglas, is very similar to a casino. The only difference is that we need to think like the person behind the table dealing the cards, not the rube playing the cards. Once you get behind the table, then you can play with the Law of Large Numbers by your side: you don't care how many hands you lose... you just know that overall in the course of 100 deals / shuffles / spins that you will come out ahead if you have an edge - a system that allows you to play where the odds are stacked in your favor. For instance, if you have a trading system that is only right 30% of the time, but your winners consistently generate a minimum of 5R of profit, are you going to be upset that seven out of every ten of your trades are losers? You shouldn't be, because for every 7R in losses (7 losses x 1R) you will generate at least 15R in winnings (5 wins x 3R). Your main goal then would to find as many trades as possible to get into each and every day! (If you are not familiar with the method of trading in "R", or 'aaRrrrrr' as we pirates call it, you can review my " Trade like a Pirate " article...) The essential ingredient in developing this successful probabilistic mindset is to indeed, have a successful trading system, an edge that overall in the game of large numbers will allow you you rake in more winnings than are drawn out by your losses. And as my favorite quote from Douglas says, "Once you learn to identify patterns and read the market, you find there are *limitless* opportunities to make money." Our primary job as traders, then, is to manage risk , that our edge only allows us to take trades that meet the demands of our system, and we take every trade that meeds those qualifications. It is a rare thing, however, to find a "trader in training" willing to think that way... the beginning trader wants to find out how to be right all the time. They want to experience certainty in an environment which is random, which will lead to ultimate disappointment. Think of trading like flipping a coin, (a random event): If you can get someone to play with you where for every time the coin comes up heads they have to pay you $300 and for every time it comes up tails you have to pay them $100, would you play? Of course! Because you know that at the end of the day the money is going to consistently flow in your direction, that overall for every 2 flips you have the expectation of making $200, if 50% of the time it comes up heads (making $300) and 50% of the time it comes up tails (losing $100). If you had a magical money machine that would play with you, with these kind of odds, would you simply flip that coin 5 times and call it a day? If I could make a friendly assumption, I would say that you would sit there in front of that machine flipping that quarter hour after hour until that machine ran out of money! We traders, however, aren't playing a person. We are playing the market . And the market has (for all practical purposes) unlimited piles of money. And if we have an "edge" that pays us 3R for every time we have to pay the market 1R what would you do? You will take every...single...trade... that comes your way that meets your criteria. An amateur at a poker table might walk away because he lost all of his winnings. The market won't run out of money and will play along with you as long as you desire – at least until you reach your goals. Douglas summarizes his point saying that we will be a consistently profitable trader if we can "learn how to redefine your trading activities in such a way that you truly accept the risk, and you’re no longer afraid." And that "the consistency you seek is in your mind , not in the markets." If we want to be "In the Zone" and make ourselves available to this infinite opportunity flow, we need to develop a carefree state of mind that doesn't have any expectation about any individual trade except that "something will happen." Our goal is not to win or not to not lose, but to "get in the water" - to put on every trade that represents our edge and wait for that "something" to happen. And if your trade happens to be a loser, then get excited because that means you are that much closer to a win. With this carefree, probabilistic mindset, "losing" trades will never again produce a negative emotion. In fact, "If every loss puts you that much closer to a win, you will be looking forward to the next occurrence of your edge, ready and waiting to jump in without the slightest reservation or hesitation." Trading, according to Douglass, is ultimately a "pattern recognition numbers game." As long as we insist on "having to know" what will happen with any particular trade we will experience stress and have unfulfilled expectations. When we begin thinking (and acting) in probabilities and a series of trades, we will begin to develop an "unshakable belief in our consistency as a trader." I've recently heard it said that "Trading is one of the most amazing, rewarding, and enriching professions there is. But I wouldn't wish it on anybody!" For the most part, trading is highly psychological. As Yoda said, "You must unlearn what you have learned." What makes one a successful doctor, engineer, lawyer, Fill-in-the-blank.... those skills will contribute *nothing* to being a better trader. Finally, just like one trip to the gym won't make you healthy and fit, a single read of this book won't give you a strong mental edge to complement the technical edge of your trading system. I make it a habit to read/listen to this book at least once per quarter alongside Price Action Breakdown . Take notes. Apply. Rinse. Repeat. That's my one bit of advice for you: Don't just read this book once... read it regularly ... Like with the Napoleon Hill's book Think and Grow Rich ... If you ask anyone if they've ever read it and they said yes, ask them "How many times? Because you obviously aren't rich yet!" Even Napoleon Hill stressed that you should read his book over and over if you are going to exercise your "thinking meat" and make it stronger and stronger day by day. (By the way... you should read that book as well... but that's a review for another day.) Trade well! -Anthony
Education
by ocaptain
25
APPLE AAPL Signals Review Since 2017 to 20201215 in 1H TimeframeThis idea concludes the signals of entry points of APPLE - AAPL, during the past 4 years: 2016 December ---2020 December 15. The signals are given by "9 Seasons Rainbow Indicator". Time frame: 1H -> 11H I appreciate your like or comment. Welcome to share your idea here. DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make your own decisions and be responsible for your own investing and trading Activities.
NASDAQ:AAPL
by go8686
28
Weekly review of published trades!! As the week closes, it has been a relatively fruitful week. I would review the trades I posted about during the course of the week and hopefully everyone can learn from my mistakes (or successes!) PLTR: Shorted at open on 30 nov at 28.24, took profit on 3rd dec at open of 23.55. That leaves a profit of 16.6%. Could have done better if i took profit on 2nd dec, but as I mentioned in my earlier post, I was expecting a TP of 19-20. AMD: Holding since of 81.23, currently 94.04. Return of 15.77%. If you bought after I posted on AMD on the 27th, it would be an average of 7.68%. AAPL: Bought the day before posting on 30 nov at 116.97, currently 122.25. 4.51% gain, still holding, pending how it respects the support at around 121. TGT: Got in at open on 25 Nov at 177.73, currently 175.03. (Had a TGT position prior to that, but for the purposes of unbiasness not included here). Current loss: 1.52%. Healthy pullback for target, right at the trendline i drew (refer to earlier post). Might be a chance to accumulate or enter a position if you havent yet got in! PYPL: Got in at open of 212.51 on 30 nov. Currently 217.77. Small gains of 2.48%. Still holding. Overall, a good week in the green, with multiple open positions. Therefore, excluding the unrealised gains, it would mean that my realised profit this week would be 16.6%!! Will be posting new stock ideas latest tommorrow so stay tuned. Would need a break from the markets in the meantime during the weekends. Stay safe and trade safe!
NASDAQ:AAPL
by Matt_odology