Today’s lesson is an introduction to the inside bar signal and how to trade it. It’s really one of my favorite patterns to trade, especially on the daily chart time frame. Why, you ask? It’s simple. The inside bar pattern shows a pause or indecision in the market, and depending on the surrounding price context it formed within, this provides us with an extremely...
Stop loss placement is perhaps not the most glamorous of trading topics to discuss, but it is a critically important one. If you do not know how to properly place your stop loss, you will be in for a very, very rough ride as you trade the markets. Essentially, for a trader, everything hinges on proper stop loss placement and risk management. If you understand...
If you are looking for virtual currencies with good return, NEBL can be a profitable investment option. Neblio price equal to 1.518 USD at 2021-08-18. ... With a 5-year investment, the revenue is expected to be around +204.08%. Your current $100 investment may be up to $304.08 in 2026... Below is a good signal Now pairing it with the big Bitcoin... NEBL...
Confluence reasons Bearish divergence : The move of the bearish divergence is having a support on $370-$375 USDT .... which its strength is reducing Fibonacci Retracement : In the 0% to 100% fibonacci retracement, 50% has been done, which then follows by this little current retracement, which is having $370-$375 USDT as support as well... So, it's...
I was having a conversation recently with an old friend of mine and we were talking about money and wealth and why some people obtain it and others (most) do not. My friend asked me “What do you think is the main reason why only a small percentage of people end up wealthy in this world?” Whilst that is a somewhat loaded question that could take a while to answer,...
FX:EURUSD The chart is well explanatory on its own, let me just clarify to prevent confusion and uncertainty Denoted Terms: 1. Key support level (Lower rectangle) 2. Entry level :- Horizontal green line 3. Near resistance/support (Upper rectangle) 4. Take profit levels:- Horizontal blue and purple line The indicator used :- Relative Strength Index (RSI) 1. From...
BINANCE:BTCUSDT I can see a real good movement on BTC, even though there might be some pullbacks along the movement... (Using Fibonacci retracement) We can see a strong support (@ $29,700 - $30,000), since the very beginning of this year... and a near support/resistance (@ $40,500).... retracing the movement with fibonacci level, we can see the market projecting...
The chart is well explanatory on its own, let me just clarify to prevent confusion and uncertainty Denoted Terms: 1. EMA periods :- 10-Period (Blue color), 20-Period (Yellow color) 2. Key support level & Sub-level 3. Awaiting level :- Horizontal black line 4. Key Resistance level :- Close to the A.T.H (All time high) price The price channel tool used :- Flat...
The Psychological Advantages of Set and Forget Trading Regimes Set and forget trading is a phrase that I coined in about a year back while taking classes with my students. It’s a trading approach that works if you follow it, to put it simply. For this reason, I write about it often, and my students no doubt understand the main benefits of the set and forget...
Most traders simply want to trade. They fear missing out on the next big move and they forget that the market is still going to be there tomorrow and the next day and 10, 20, 50 years into the future. Everything in the market repeats and that means there will be another opportunity right around the corner, so stop worrying. Today is not the last day you will have...
FOREXCOM:XAUUSD There has been a strong support level since April 17, after the breakout that occurred on April 13. Also in the meantime, we can see a near resistance/ support level I confirmed these strong and near level by circling each testing that occurred on the level Also EMA 10 & 20 period tends to become the dynamic resistance Also have same view on 4hr...
FX:EURUSD BULLISH - DAILY TIME FRAME Below are my reasons for setting EUR/USD on a long trade 1. FROM THE INDICATOR+CHART ANALYSIS, I CAN SEE A BULLISH DIVERGENCE THERE, WHICH IS POINTING TO BULLISH RUN FROM EUR/USD SOON 2. DYNAMIC SUPPORT AND RESISTANCE (EMAs) WE CAN SEE THE 10-PERIOD (BLACK COLOR) BECOMING DYNAMIC SUPPORT, AND ALSO THE PRICE IS...
EURUSD BULLISH - DAILY TIMEFRAME Below are my reasons for setting EURUSD on a long trade 1. FROM THE INDICATOR+CHART ANALYSIS, I CAN SEE A BULLISH DIVERGENCE THERE, WHICH IS POINTING TO BULLISH RUN FROM EURUSD SOON 2. DYNAMIC SUPPORT AND RESISTANCE (EMAs) WE CAN SEE THE 10-PERIOD (BLACK COLOUR) BECOMING DYNAMIC SUPPORT, AND ALSO THE PRICE IS MOVING CLOSER TO...
New support created for the journey of TRX There is still chance for it to make a cup and handle shape, if it does... then we should be expecting another massive run in its uptrend movement Look forward for my call Please support me with your likes if you love me
ViaCoin looks bullish.... tested the resistance level several times and couldn’t break through it but as time goes on, it went ahead and break the level and make the resistance level the new support level. VIACOIN is good to buy now
ViaCoin looks bullish... Tested the resistance level several times and could not break through but as times goes on, it went ahead and break the resistance level which makes it become the new support level