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USD/CAD - Study purpose only**IT IS NOT INVESTMENT ADVICE** Hi guys, It's just a publication for studies of my trade system that I am testing. My projection is a up trend on usd/cad because he does a up trend in short term and struture in long term. I'm looking to buy this pair until it breaks the higher high and higher low in the short term trend (Up trend). I am posting it here just to study my perspective over time and it is not a investment advice. No one can make money by taking ideas here from tradingview because entry is just a part of making consistent money. We need to know what we are doing, manage the trade/risk and be strong with psychology. Just look at this idea to see what happens and why I did it. Don't invest by taking someone else's idea because you don't become an investor by doing that!
Long
by Forex-Lucas
Bitcoin testing supports and looking for a new bottomAs bitcoin has broken through support at 37,000, it is now exploring aggressively the support line at 36,500 respectively 36,000. If support breaks at 36,000, the next support line which Bitcoin can be exploring will be at 35,500 35,500 is also the ultimate support after which an approximate closer bottom can perhaps be seeing at approximately 33,000 Traders should be mindful of both short and long trades. The current Bitcoin trading area is no man's land.
by Mortdecai
OMX C25 potential bullish trendThe OMX C25 shares had a very good bullish trend from the beginning of COVID-recession. Now the shares just finished a shoulder head shoulder bullish formation and is now testing at the support level. Now it is very possible that the shares are going to raise and reach the resistance level. Therefore we now could get a potential bullish trend where it can raise 16% over the next few months (give & take). So now is a good time to invest int this share if you are looking for a short-term investing but also a good time for a long-term.
OMXCOP:OMXC25Short
by Aksel_Rom
its experimentalnotice!! this is just a testing of a random idea so I can back track it in future, daily open interest of usd nzd is so high, lets see if it effects the market somehow... . . .. . .. . . .. . . . hope you all have great time trading :) remember to like and comment your thought about this idea … do not take this as a signal just use it to improve your sight about the market and for the last thing that I wanna say " you are the only person responsible for your money. don't let others decide about it, you decide ! " much love from Iran...
Short
by alisardari
BTCUSDT 58K local resistance is ahead breakout and pump?price again is near resistance zones and at previous times we had a correction from these resistance zones. The main resistance ahead for BTC is 60K$ resistance and the main support is 52K$ support. (daily) breaking these trendlines here can make price stronger and only after breaking 60K$ price can easily pump and the market is again bullish. Else we have more range here like previous times. DISCLAIMER: ((trade based on your own decision )) <>
by MMBTtrader
27
EPS/USDT BUYEPS/USDT is looking good and we might get a ice breakout set up here. Price is still consolidating but we can see some higher lows forming. The support held nicely nd right now we are testing the resistance. If we can break above this resistance, it should turn into a new support on the retest and price might go even higher after the breakout. Target 1: 0.7016 (short term) Target 2: 0.7984 (medium term) Target 3: 0.8989 (Long term) Target 4: 1.0980 (Long term)
ELong
by UnknownUnicorn6667421
3
How to Backtest a Trading StrategyBacktesting is a manual or systematic method of determining whether a trading strategy or trading setup has been profitable in the past. A trader should backtest a strategy to help determine if a trading strategy is likely a waste of time and money, or if it shows promise and profitability in a variety of markets. While you can get software that does systematic backtesting… we prefer manual backtesting as it can be carried out by any type of trader, It is a key component in developing an effective trading strategy. There are infinite possibilities for strategies, and any slight alteration will change the results. This is why backtesting is important, as it shows whether certain parameters will work better than others. What Do I Backtest?
The first thing to note is that you don’t need a full trading strategy in order to start backtesting. 

For example I personally am always looking at new trading setups and candlestick formation and then backtesting them to see how effective they are. 

You can test small parts of a trading strategy before putting them all together. 

And of course you can and SHOULD backtest your whole trading strategy in a number of different trading situations. 

How to Backtest

 1) You need data to use in testing… if you are testing short term strategies on small timeframes then use at least a few weeks of trading data.

If you are using higher timeframes then you should be using years of trading data.

 2. Define the strategy parameters. Entry conditions, exit conditions etc. Include as many “If X happens then I will do Y” scenarios as possible so that your strategy is repeatable. 

Its essential to include risk management in these parameters too. So decide on if you are risking a percentage of your account equally on each trade, what is that percentage. If you are managing your risk in another method, clearly define it as something you are able to measure. 

ALL OF THESE PARAMETERS ARE WHAT YOU ARE MEASURING AND TESTING. THESE ARE THE ELEMENTS THAT YOU CAN CHANGE TO SEE WHICH ARE MORE OR LESS PROFITABLE. 3. Use the TradingView rewind tool to go back in time and remove the predictive nature of knowing where the chart will be headed. 

You could go back in time and look for trades from a year, a month or a week in the past, depending on how far back you wish to look. 4. Analyse price charts for entry and exit signals. This can be done until all trades on the chart up to the current time have been located and marked or written down

(be aware that it can take some time and be prepared that you are unlikely to be able to do all of this backtesting in one session… it could take you a few sessions of backtesting and recording the trade outcomes to fully test a strategy.) 5. Once you have competed this process, then you can start to total all of the trade results up to see how profitable or unprofitable your trading strategy / setup has been over time. What Goes Wrong in Backtesting

Typically the pitfalls and the ways that people fail at backtesting are based around not being through enough. 

That could mean that people haven’t included enough data in the backtest. 

It could mean that they left too many unknowns in the strategy so when using it in a live trading situation the strategy isn’t usable or realistic.

Also it could be that people don’t back test for long enough to see if the strategy is profitable or not. If you only have a small sample size of trade then even a short losing or winning streak of trades would dramatically affect the results. You need enough trades to show winning streaks, losing streaks and all between so that you can be confident that your strategy will be able to withstand those situations in live trading. 

Imagine for example in your backtesting your strategy didn’t lose more than 2 trades in a row but when you start using it in live trading you get 5 losses in a row. This is a situation that hasn’t been tested so could show a different result. 

The goal is to backtest for long enough and through enough so that nothing in live trading hasn’t been tested previously. While it may not be possible to fully achieve this… it should be the goal and you should feel confident enough that you have done everything possible to ensure this is the case.
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Education
by JoelWarby
56