Steps to invest successfully #2Hello everyone,
During this video we are going to analyse the following subjects:
- Look at the bigger picture.
- Draw trend lines using the most significant lows/highs.
- Look for support and resistance.
- Look for candles.
- Understand where the stock/coin sits now.
- Reasonably predict where the stock/coin will be in the future.
- Make sure you are using EMA lines.
- When and why placing your stop loss is important.
- Pivot point.
Remember, you will never be right every time. However, the key factor is to limit your risk by buying close to support.
Seb.
Tutorialtrading
The beginning of an investorHello everyone,
This is my first tutorial video, during this video you will find the following concepts:
- Primary trend
- Secondary trend
- Risk vs Reward
- Stop loss
- Volume
- Moving Averages
- Capital
20 minutes will never be enough to discuss all the basics related to trading and investing, however I hope that some of you are going to find this video useful for their personal growth.
Seb.
How to avoid getting Rekt with Heikin Ashi + Winning Trades1) Use Volume divergences to your advantage
2) Use Heikin Ashi weak green candles to find high points to short
3) Use dynamic trendlines by finding high + low points of volume to find "Volume breakouts"
Usually volume breakouts can happen before price, and you can predict price trends before they happen.
When to close Long BUY trades with small loss or small profit?
1) Weakness in Heikin Ashi candles upwards
2) Bear Divergences
3) Bear Volume increasing
4) RSI falling underneath the MA and retesting the MA
When to close SHORT SELL trades with small loss or small profit?
1) Bull Divergences
2) Bear Volume decreasing + Big Green Heikin Ashi candle with high volume
Also ^ switch back to normal candles and see if candle is Bull engulfing
3) RSI breaking out over the top of MA
When to Take Profit?
Use the reactive trendline:
When you are short and it turns Green after Shorting, take Profit on Short
When you are long and it turns Red after Buying, take Profit on Long
BTC_USD,GPAThe two resistances 44100 and 411100 are the most important numbers in the price of bitcoin and both numbers are the most important resistances and supports.
These two numbers are related to market rotations at our roof angle, and the failure of any of these numbers needs to be examined after failure.
We are in a period of time in the market when one of the floor-to-ceiling time cycles of the market is about to be completed and the failure of each can start a new trend.
Be successful and profitable
What Does the Inverted Hammer Candlestick Pattern Mean? Hello Traders!
Have you ever wondered when will a strong trend end? Do you struggle to spot candlestick patterns that potentially signal when the bulls or bears might take over?
Take a look at this example of EUR/CAD and let's see how the trade plays out! :)
About the Inverted Hammer Candlestick Pattern and Why It Forms:
The Inverted Hammer is a bullish reversal candlestick pattern. It occurs when the price has been falling and suggests the possibility of a reversal. Its long upper
shadow shows that buyers tried to bid the price higher. However, sellers attempted to push the price back down. Since the sellers weren't able to close the price any
lower, this is a good indication that everybody who wants to sell has already sold. And, if there are no more sellers, who are left? Buyers!
And just an important observation, the Inverted Hammer has a small real body, and has a large upper shadow with a small or no lower shadow (also known as "wick").
Would you like to receive more "live charting" tutorials like this?? Comment below and let us know! :)
Happy Trading!
GANN Theory Finally Completed StrategyI took a couple of months off to read a book i found on Amazon on Andrew Gann the inventor of GANN theory. After finishing his article i theorized that it could be transformed in these modern times. This will a Membership to perform, Alerts mean allot to people that want to automate the thought process behind this. Please note that i am not a paid person posting this, i been trading for 16 years ever since i graduated from High School, I went to college to understand Pattern Recognition. Believe it or not there is a pattern to every aspect of our Lives.
I have the MTF Support and Resistance from Annan Set to Daily .
Poor Mans Volume Profile ___ this is critical for plotting the GANN BOX onto the Charts with little to no thought process.
To plot the GANN BOX (not the GANN fix Box or the GANN angles) You are taking the Gann Box Placing it on the Poor Mans Volume Profile DAILY chart. For an Uptrend you go UP 2 and right 2 , you'll understand when you plot it. For Down Trend down 2 right 2 . Sideways (rangebound) oddly special one. Up 1 Right 2 Down 1 Right 2 . When your plotting on the charts LOCK the Gann on the chart. I use Daily Right 2 because i set it at the beginning of the MONTH and its good for until the NEXT month. you set alerts on the GANN FIB LINES. (ENTRYS) BASED... If you are having issues with plotting this LET ME KNOW... its gets very automated when you plotting it. The Poor Mans Volume Profile takes the calculations out of the picture.
Posting a picture of the Points your going up or down 2.
How you Plot it on the Poor Mans Volume Profile. last step is to LOCK it on the Daily CHART.
Alerts need to the be set on the 2 of the Gann Lines. ( set to Crossing ) Subscription premium allow you to set an unexpired alert. If you want to Swing with this strategy. You have to do something different by Anchoring on the Weekly and trading on the 30 min or 1hr you can swing with this. But as yourself are you going to swing or are you going to Day-trade this.
Stop loss is a very touchie subject that everyone should think about doing... Personally i use 4 different methods Count 5 bars back, last Swing point, or Halfway between the two fibs of entry. if i am feeling lucky just on the other side of the Fib Entry point. * the Lucky part of this one is if it goes bad you have a very LOW LOW risk of loosing allot of hard earned capital. Generally I will use the 5 bars back method.
CM- Slingshot set to Conservative.
Next 2 will be the Exits on the Trades and Indicators to take the Trade.
DYNAMIC RSI - DRSI for short just tweak the color on this one, from DreadBlitz. ____
MTF RSI from Chris Moody 14 70 30 D D 30 ___ set a color where you can see the MidPoint.
NOTE: When Entering you are looking at the Chart___ when it crosses the GANN FIB line. after the Bar completes, look at the DRSI and MTF RSI midpoint cross. (after the Cross has Happen and you can Confirm it on both u can now Enter the Trade.)
The exit point is when the DRSI goes Solid Filled color, secondly this effect will be happening on the MTF RSI.
I take all of my trades on the 15min timeframe with an Anchor on the Daily Chart. Anchor meaning MTF MTF MTF MTF all of them are set to the daily. I want to make thoughtful readings based on the Daily Overall proceedings of the market direction.
CADJPY: ANALYSISWe saw a strong impulsive move to the downside after a long corrective phase. We shall now keep watch on what may appear to be a small flag formation before we decide whether we will take more pips to the downside or maintain a corrective phase in the meanwhile.
Share your thoughts and suggestions are welcome! Happy trading!
Pay attention in the Ethereum movement compared with ChainlinkIn the recent analysis, we see that Ethereum forming a simetric triangle, but broke down, but now, pay attention how the strong support work and this key support line work too. I see that this it's a same movement what Ethereum may to form.
Historical Data:
1. Chainlink up in the past from $20 to $35 approximately.'
2. Then, Chainlink down to $24 approximately in the past
3. Chainlink up a little until $29 approximately and during this period formed a simetric triangle.
4. Then, Chainlink break down this chartist pattern and drop to the exactly key support at $24.70 USD. If you see, we form 2 thing, a key support line and a strong support at $24.70 USD. And we see that in 3 ocassion, Chainlink form a strong support, but in tha 4 occasion, Chainlink made validation that form a bullish setup and up and break up the resistance of $35 USD and continue down that we know.
Guys, in my summary, that it's an exactly same movement what Ethereum may to do. And that historical data and analyze in your own opinion, you can to get a better analyzis. For that, I create it like a tutorial to review and compare this movement with Ethereum when Chainlink made in the past. That it's so exaclty and same movement that Chainlink do and now, Ethereum may to repeat this movement. I share the Ethereum last analysis for you to review and check out it.
Candlestick education - rest off between bull-runsHey guys,
as we all know a chart/price doesn't always go up between a rest in between, but how can we understand its correction based on the candlesticks?
📍 right after a bull run we may see a red candle with huge wicks usually we panic after seeing those candles
⚠️ don't worry guys! If a red candle closes at the bottom of half of the previous green candle it's reasonable to worry because it shows less interest of the bulls🐃
📍 however, if the red candle shows us a huge wick at both ends it means that many took the advantage and bought the dip
Do you enjoy my tutorial?
Ask me if you have any question and/ or problems
Waiting for Double Top Now | Short | Break StructureSo if we treat & respect as resistance, we will likely make a pushdown. Based on the new monthly structure this is likely to be a long-term long but we must wait to observe the price before we make a decision.
I'm down 20% on the new strategy -- specifically in forex. keeping it real. Interesting. I need to make a review video to understand why.
XRP Geniuses of the game Triangle + Head and ShouldersThe price is at the breakout of resistance. The chart shows the current situation. Appreciate the genius of the people who control the price. This is aerobatics. By combining formations and selecting them for certain types of charts, each trader above the average level sees what he wants to see. Namely, they can affect the price now or in the future. We do not take into account the bulk of the crowd, as it does not affect the price, it is only directed as fuel to "make the price." Confusion is instilled in the managed and a sense of uncertainty, but the whole game is played with extreme precision to the point of inadequate madness. It is important to honestly beat everyone.
Pay attention to the numerical value of the levels and squeezes. Think about why such a huge squeeze was needed when pumping + 200% "wallstreetbets" on a 1D timeframe. What thanks to this see some and other traders, how this squeeze is displayed on the line chart, which determines the trend.
This is how traders using a line chart see the chart. This is the daily timeframe. Consider who most of the time uses a line chart for their analysis. The bulk of the crowd uses Japanese candlestick charts. Do you think these compressions ruined the graph or not?
will they be able to beat traders who are smart and have big money
Do you know the exact future local trend? They are not. Globally yes, locally no. The general picture of the development of the situation with a high degree of probability and the estimated price (which is not particularly important at the moment) before the public alleged planned announcement has long been known and was announced publicly. But, reality consists of many factors from which the desired ultimately can be quite different from what is being realized.
The most important thing is not to be in the main stream of "givers" and not be interested in FUD news. And if you're interested, read between the lines. Much has been written there lately about fossil and non-fossil natural resources.
Remember what was said to everyone except "pumping the FUD" when "pumping the pump group" in public. Maybe they weren't lying when they said buy and forget to buy no matter what? Or they lied to make money locally on extrusion. From the call to buy and hold a month ago, what is the price now?
Give the fool any amount, large or small, then the desire to have even more, thanks to the combination of greed and stupidity, he will certainly zero it. The only question is when it will happen in the "hamster" space of time.
Should You Quit Your Job To Trade Full-time in crypto?-be profitable
-Reasonable account size
-be prepared to be incomeless
-spouse that works full time
-Know the timeframe
-know what you want
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
Trading Entries: Brutal Truths Nobody Tells You in crypto!
1.breakouts may fail
2.pullbacks may never come
3.pullbacks might become reversals
4.confirmation may be too late
5.you don’t need perfect entries
Hi guys..its the latest analyze chart .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
Unsure About Your Trading Strategy in #crypto? (Then Do THIS)
1.stop trading
2.4 questions
Where did you learn it from?
Why does it work?
When does it work?
When doesn’t it work?
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
#RSI indicator cheat sheet in #cryptoRSI indicator cheat sheet
-Relative strength index
-Momentum indicator
-Measures how fast price moves
Important level(30-70)
Rsi 30:oversold
Rsi70:overbought
Price is above rsi 50=uptrend
Price is below rsi 50=downtrend
-depends on the timeframe
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx