In this video tutorial you'll see answer on this short question: What is the difference between Technical Analysis and Technical Trading? The guest says about features of technical trading. Listen his speech and think about your trading strategy...
Resitance and Support Density Function - is an indicator which allows you to view current distribution of most important resistance and support lines on a chart. Here is how it looks like at the moment. The first screenshot presents GBPUSD analysis with markup of 3 possible trading strategies...
1. Strong background 2. Go long after a strong bar near an up trendline. You could also enter in the down bar 3 bars later. 3. Prices are arriving at an important resistance and you may close 1/2 the position here for safety. 4. Closed the rest on a weak bar. +57 pips...
Error #1: Placing the stop loss too tight. Should have been placed above, for example, of the weekly pivot Error #2: Going short with strong bars nearby. This means there is both demand and lack of supply so it's dangerous to go short. Error #3: Background was strong on the above timeframe...
1. Strong background 2. Low volume down bar near an up trendline 3. Place the trailing stop below wide spread up bars. Exited with +45 pips. Analytical Trader...
What is the difference between Technical Analysis and Technical Trading...
Here is a video tutorial about books, which you need to read. Of course, they aren't best of the best books, but they are good and useful. In this video trader Gary Gastineau discusses his favorite financial books and articles. Use his advices to make your work better...
MarketMeter indicator, described in my previous posts, is currently showing the following signals for trading on the Forex (in the order of preference): sell USDJPY sell CADJPY sell GBPJPY You may look at the screenshot below, which is provided to illustrate the signals...
Managed Optimism, as you win, you believe that you are getting closer to the greater gain that is part of your addiction Before the Big Loss...
1. Weak background 2. There is a weak bar behind (no demand) at this price level. Short in a low volume up bar when the trend is down. 3. Place the trailing stops above wide spread down bars. It hit the 3rd one and it ended up as a +34 pips trade. Analytical Trader...
1. Background bullish 2. With background strong, and near a previous support, go long on a low volume down bar. 3. Place trailing stops when there are wide spread up bars, or when the prices are extended. Exited on the 2nd trailing stop. +27 pips Analytical Trader...
1. Background weak 2. Prices are near an important resistance, and there are weak bars behind, on this price level. Go short in an up-bar with low volume. 3. Exit after a strong bar appears. Analytical Trader...
D1 price is on bearish breakdown: Chinkou Span line broke the price from above to below one week ago The price broke 0.9030 key support level on close D1 bar H4 price is on bearish market condition for trying to break 0.8984 support level...
It's a weekend now, so we can relax and show what some people think about popular things. For example, that cute girl gives a lot of reasons to hate Bitcoin. Her name is Julia Tourianski (also known as Brave the World) and she is a promoter of anti-state mentality...
AMTL-TT is Autopilot Trading Magic Trend-Line with Tearing Trap Money Management Trade with manual drag trendline on chart than EA takes control until spot price break out to the trend-line as define on Trendline BUY or SELL to initiate a trade Tearing Trap money management takes over till the tr...
This video isn't tutorial, because today is Sunday. But if you want to be clever and have more brains and experience, you should to watch it. In a documentary film says about the great crash of the pound sterling in 1992...
Investors still remember their superstitions on September and October, which are believed to be "crash months", and are worried about the state of Western economies, and the state of geopolitics too. But worry causes mistakes. We’ll do well to remember that markets climb a ‘wall of fear’...
