Part V - Perspectives on Market Constructions Introduction To enable ourselves to see the markets in a deep and holistic view, we need to know how a market is moving and why. As this is basic economic knowledge, some things differ slightly, especially in smaller time frames. So, to understand trends and ranges, we need to understand how price is built within a...
Points of Interest Introduction One of the most common mistakes in trading ist the trading somewhat somewhere in the nowhere, which in general results in a bad trade location, wide stops, being stopped out very often or being right while being wrong. Thus, in trading it is paramount to wait patiently for your setup to appear, and not every setup is of the...
Hope you find this useful! the levels could be more precise, but just to show you how levels can be useful! Link me on any questions, Cheers, C
This is an explanatory video of the FFU indicator. Cheers, C
Dow - Elliott - Murphy Introduction As I am going deeper into the subject of reading a chart, we definitely need to cover trends. As the saying goes: “the trend is your friend”. But where does it start and where does it end? In the following article I’m going to cover basic principles in use for more than a century. Furthermore, the Dow theory is still in use...
Part I - Perspectives on Volume A. Plain Volume Introduction As volume is the most important indicator on price and trend, it is often overlooked and more often not even used. But overall, volume is by far the easiest indicator of all, especially if used in conjunction with price and trend. As many traders are relying on indicators, trying to ready...
What to look for Introduction As my previous post made unexpected waves within the community, I suppose you might be disappointed by this one, but you should still take your time reading this article and take some time thinking about it. Moreover, you might wonder, why the first article has been about volume instead of price or the chart itself and now it...
Going short at mid ADR level. Short for short-term. The longer Trend seems still to be up
having the upcoming resistance, we will short half way down after weakness or signs of reversal (1st target) and trace further down if the weakness is continuing (2nd target). This is a straight, plain, simple and stupid trend following technique. From higher trend to lower trend. Stay put, keep calm.