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
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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
#education #crypto #tutorialHow Many Indicators Should You Use In Trading?
1-Identify a trend
Example:200ma
2-Define an area of value
Trends line-S&R
3-Entry trigger
Price action-stockastic cross
4-Trade management
Example:Parabolic sar
-it depends on what trades you are looking for
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
#crypto #education #tutorial5 Trading books Which Will Improve Your Results, Fast
1.Japanese Candlestick Charting
by Steve Nison
2- folowing the trend by Andreas clenow
3- price action by albrooks
4- technical analysis by John morphy
5-Fibonacci Trading by CAROLYN BORODEN
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if u like it press like-comment and folow me.thx
5 Trading Habits Which Keep You Poor (Without You Realizing) 1-don’t chase the market
2-don’t use a fixed position size
3-don’t trade without plan
4-don’t adjust your stoploss
5-avoid having itchy fingers
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
Investment sessions on FOREX I am sure you already know that the Forex market works around the clock.
However, when a trading day ends in one part of the world, it begins in another. Therefore, it is customary to talk not about a trading day, but about a trading week. Well, within one day the market is "divided" by investment sessions.
Investment sessions are the working hours of banks when they are actively involved in investment activities.
There are four main investment sessions that correspond to regional markets: Australia (Sydney), Asia (Tokyo), Europe (London), America (New York).
Sessions go one after another, some of them "overlap" each other. Currency activity often depends on what session it is. For example, the yen will be more active during the Asian session, and the euro - during the European session.
Knowing the schedule of sessions, you can adjust, use your time rationally and increase your trading efficiency.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
REALITY OF TRADINGIn trading, you don't need to have 100% reason on all your analses to be profitable, if you pay well your stop loss, take profit and if you manage your ratio/ risk well.
It makes sense, let's make an example: I analyze 4 pair, with a risk ration of 1 in 4 each, ie I risk 1% of my capital to earn 4, the 4 analyses, in a single day. Let's say the top three lose, but the fifth is a winner, what happens? You have 1% of your cazpital, whereas you have only been right once in 4. No one can predict the financial markets 100%, that is not possible.
So take analyses with a minimum ratio/risk of 1 in 3. Good day to all traders!