Multiple Time Frame Analysis — Trend ... - TradingView

My home-made bar replay for MT4

I made a home-made bar replay for MT4 as an alternative to the tradingview bar replay. You can change timeframes and use objects easily. It just uses vertical lines to block the future candles. Then it adjusts the vertical lines when you change zoom or time frames to keep the "future" bars hidden.
I am not a professional coder so this is not as robust as something like Soft4fx or Forex Tester. But for me it gets the job done and is very convenient. Maybe you will find some benefit from it.

Here are the steps to use it:
1) copy the text from the code block
2) go to MT4 terminal and open Meta Editor (click icon or press F4)
3) go to File -> New -> Expert Advisor
4) put in a title and click Next, Next, Finish
5) Delete all text from new file and paste in text from code block
6) go back to MT4
7) Bring up Navigator (Ctrl+N if it's not already up)
8) go to expert advisors section and find what you titled it
9) open up a chart of the symbol you want to test
10) add the EA to this chart
11) specify colors and start time in inputs then press OK
12) use "S" key on your keyboard to advance 1 bar of current time frame
13) use tool bar buttons to change zoom and time frames, do objects, etc.
14) don't turn on auto scroll. if you do by accident, press "S" to return to simulation time.
15) click "buy" and "sell" buttons (white text, top center) to generate entry, TP and SL lines to track your trade
16) to cancel or close a trade, press "close order" then click the white entry line
17) drag and drop TP/SL lines to modify RR
18) click "End" to delete all objects and remove simulation from chart
19) to change simulation time, click "End", then add the simulator EA to your chart with a new start time
20) When you click "End", your own objects will be deleted too, so make sure you are done with them
21) keep track of your own trade results manually
22) use Tools-> History center to download new data if you need it. the simulator won't work on time frames if you don't have historical data going back that far, but it will work on time frames that you have the data for. If you have data but its not appearing, you might also need to increase max bars in chart in Tools->Options->Charts.
23) don't look at status bar if you are moused over hidden candles, or to avoid this you can hide the status bar.


Here is the code block.
//+------------------------------------------------------------------+ //| Bar Replay V2.mq4 | //| Copyright 2020, MetaQuotes Software Corp. | //| https://www.mql5.com | //+------------------------------------------------------------------+ #property copyright "Copyright 2020, MetaQuotes Software Corp." #property link "https://www.mql5.com" #property version "1.00" #property strict #define VK_A 0x41 #define VK_S 0x53 #define VK_X 0x58 #define VK_Z 0x5A #define VK_V 0x56 #define VK_C 0x43 #define VK_W 0x57 #define VK_E 0x45 double balance; string balance_as_string; int filehandle; int trade_ticket = 1; string objectname; string entry_line_name; string tp_line_name; string sl_line_name; string one_R_line_name; double distance; double entry_price; double tp_price; double sl_price; double one_R; double TP_distance; double gain_in_R; string direction; bool balance_file_exist; double new_balance; double sl_distance; string trade_number; double risk; double reward; string RR_string; int is_tp_or_sl_line=0; int click_to_cancel=0; input color foreground_color = clrWhite; input color background_color = clrBlack; input color bear_candle_color = clrRed; input color bull_candle_color = clrSpringGreen; input color current_price_line_color = clrGray; input string start_time = "2020.10.27 12:00"; input int vertical_margin = 100; //+------------------------------------------------------------------+ //| Expert initialization function | //+------------------------------------------------------------------+ int OnInit() { Comment(""); ChartNavigate(0,CHART_BEGIN,0); BlankChart(); ChartSetInteger(0,CHART_SHIFT,true); ChartSetInteger(0,CHART_FOREGROUND,false); ChartSetInteger(0,CHART_AUTOSCROLL,false); ChartSetInteger(0,CHART_SCALEFIX,false); ChartSetInteger(0,CHART_SHOW_OBJECT_DESCR,true); if (ObjectFind(0,"First OnInit")<0){ CreateStorageHLine("First OnInit",1);} if (ObjectFind(0,"Simulation Time")<0){ CreateTestVLine("Simulation Time",StringToTime(start_time));} string vlinename; for (int i=0; i<=1000000; i++){ vlinename="VLine"+IntegerToString(i); ObjectDelete(vlinename); } HideBars(SimulationBarTime(),0); //HideBar(SimulationBarTime()); UnBlankChart(); LabelCreate("New Buy Button","Buy",0,38,foreground_color); LabelCreate("New Sell Button","Sell",0,41,foreground_color); LabelCreate("Cancel Order","Close Order",0,44,foreground_color); LabelCreate("Risk To Reward","RR",0,52,foreground_color); LabelCreate("End","End",0,35,foreground_color); ObjectMove(0,"First OnInit",0,0,0); //--- create timer EventSetTimer(60); return(INIT_SUCCEEDED); } //+------------------------------------------------------------------+ //| Expert deinitialization function | //+------------------------------------------------------------------+ void OnDeinit(const int reason) { //--- destroy timer EventKillTimer(); } //+------------------------------------------------------------------+ //| Expert tick function | //+------------------------------------------------------------------+ void OnTick() { //--- } //+------------------------------------------------------------------+ //| ChartEvent function | //+------------------------------------------------------------------+ void OnChartEvent(const int id, const long &lparam, const double &dparam, const string &sparam) { if (id==CHARTEVENT_CHART_CHANGE){ int chartscale = ChartGetInteger(0,CHART_SCALE,0); int lastchartscale = ObjectGetDouble(0,"Last Chart Scale",OBJPROP_PRICE,0); if (chartscale!=lastchartscale){ int chartscale = ChartGetInteger(0,CHART_SCALE,0); ObjectMove(0,"Last Chart Scale",0,0,chartscale); OnInit(); }} if (id==CHARTEVENT_KEYDOWN){ if (lparam==VK_S){ IncreaseSimulationTime(); UnHideBar(SimulationPosition()); NavigateToSimulationPosition(); CreateHLine(0,"Current Price",Close[SimulationPosition()+1],current_price_line_color,1,0,true,false,false,"price"); SetChartMinMax(); }} if(id==CHARTEVENT_OBJECT_CLICK) { if(sparam=="New Sell Button") { distance = iATR(_Symbol,_Period,20,SimulationPosition()+1)/2; objectname = "Trade # "+IntegerToString(trade_ticket); CreateHLine(0,objectname,Close[SimulationPosition()+1],foreground_color,2,5,false,true,true,"Sell"); objectname = "TP for Trade # "+IntegerToString(trade_ticket); CreateHLine(0,objectname,Close[SimulationPosition()+1]-distance*2,clrAqua,2,5,false,true,true,"TP"); objectname = "SL for Trade # "+IntegerToString(trade_ticket); CreateHLine(0,objectname,Close[SimulationPosition()+1]+distance,clrRed,2,5,false,true,true,"SL"); trade_ticket+=1; } } if(id==CHARTEVENT_OBJECT_CLICK) { if(sparam=="New Buy Button") { distance = iATR(_Symbol,_Period,20,SimulationPosition()+1)/2; objectname = "Trade # "+IntegerToString(trade_ticket); CreateHLine(0,objectname,Close[SimulationPosition()+1],foreground_color,2,5,false,true,true,"Buy"); objectname = "TP for Trade # "+IntegerToString(trade_ticket); CreateHLine(0,objectname,Close[SimulationPosition()+1]+distance*2,clrAqua,2,5,false,true,true,"TP"); objectname = "SL for Trade # "+IntegerToString(trade_ticket); CreateHLine(0,objectname,Close[SimulationPosition()+1]-distance,clrRed,2,5,false,true,true,"SL"); trade_ticket+=1; } } if(id==CHARTEVENT_OBJECT_DRAG) { if(StringFind(sparam,"TP",0)==0) { is_tp_or_sl_line=1; } if(StringFind(sparam,"SL",0)==0) { is_tp_or_sl_line=1; } Comment(is_tp_or_sl_line); if(is_tp_or_sl_line==1) { trade_number = StringSubstr(sparam,7,9); entry_line_name = trade_number; tp_line_name = "TP for "+entry_line_name; sl_line_name = "SL for "+entry_line_name; entry_price = ObjectGetDouble(0,entry_line_name,OBJPROP_PRICE,0); tp_price = ObjectGetDouble(0,tp_line_name,OBJPROP_PRICE,0); sl_price = ObjectGetDouble(0,sl_line_name,OBJPROP_PRICE,0); sl_distance = MathAbs(entry_price-sl_price); TP_distance = MathAbs(entry_price-tp_price); reward = TP_distance/sl_distance; RR_string = "RR = 1 : "+DoubleToString(reward,2); ObjectSetString(0,"Risk To Reward",OBJPROP_TEXT,RR_string); is_tp_or_sl_line=0; } } if(id==CHARTEVENT_OBJECT_CLICK) { if(sparam=="Cancel Order") { click_to_cancel=1; Comment("please click the entry line of the order you wish to cancel."); } } if(id==CHARTEVENT_OBJECT_CLICK) { if(sparam!="Cancel Order") { if(click_to_cancel==1) { if(ObjectGetInteger(0,sparam,OBJPROP_TYPE,0)==OBJ_HLINE) { entry_line_name = sparam; tp_line_name = "TP for "+sparam; sl_line_name = "SL for "+sparam; ObjectDelete(0,entry_line_name); ObjectDelete(0,tp_line_name); ObjectDelete(0,sl_line_name); click_to_cancel=0; ObjectSetString(0,"Risk To Reward",OBJPROP_TEXT,"RR"); } } } } if (id==CHARTEVENT_OBJECT_CLICK){ if (sparam=="End"){ ObjectsDeleteAll(0,-1,-1); ExpertRemove(); }} } //+------------------------------------------------------------------+ void CreateStorageHLine(string name, double value){ ObjectDelete(name); ObjectCreate(0,name,OBJ_HLINE,0,0,value); ObjectSetInteger(0,name,OBJPROP_SELECTED,false); ObjectSetInteger(0,name,OBJPROP_SELECTABLE,false); ObjectSetInteger(0,name,OBJPROP_COLOR,clrNONE); ObjectSetInteger(0,name,OBJPROP_BACK,true); ObjectSetInteger(0,name,OBJPROP_ZORDER,0); } void CreateTestHLine(string name, double value){ ObjectDelete(name); ObjectCreate(0,name,OBJ_HLINE,0,0,value); ObjectSetInteger(0,name,OBJPROP_SELECTED,false); ObjectSetInteger(0,name,OBJPROP_SELECTABLE,false); ObjectSetInteger(0,name,OBJPROP_COLOR,clrWhite); ObjectSetInteger(0,name,OBJPROP_BACK,true); ObjectSetInteger(0,name,OBJPROP_ZORDER,0); } bool IsFirstOnInit(){ bool bbb=false; if (ObjectGetDouble(0,"First OnInit",OBJPROP_PRICE,0)==1){return true;} return bbb; } void CreateTestVLine(string name, datetime timevalue){ ObjectDelete(name); ObjectCreate(0,name,OBJ_VLINE,0,timevalue,0); ObjectSetInteger(0,name,OBJPROP_SELECTED,false); ObjectSetInteger(0,name,OBJPROP_SELECTABLE,false); ObjectSetInteger(0,name,OBJPROP_COLOR,clrNONE); ObjectSetInteger(0,name,OBJPROP_BACK,false); ObjectSetInteger(0,name,OBJPROP_ZORDER,3); } datetime SimulationTime(){ return ObjectGetInteger(0,"Simulation Time",OBJPROP_TIME,0); } int SimulationPosition(){ return iBarShift(_Symbol,_Period,SimulationTime(),false); } datetime SimulationBarTime(){ return Time[SimulationPosition()]; } void IncreaseSimulationTime(){ ObjectMove(0,"Simulation Time",0,Time[SimulationPosition()-1],0); } void NavigateToSimulationPosition(){ ChartNavigate(0,CHART_END,-1*SimulationPosition()+15); } void NotifyNotEnoughHistoricalData(){ BlankChart(); Comment("Sorry, but there is not enough historical data to load this time frame."+"\n"+ "Please load more historical data or use a higher time frame. Thank you :)");} void UnHideBar(int barindex){ ObjectDelete(0,"VLine"+IntegerToString(barindex+1)); } void BlankChart(){ ChartSetInteger(0,CHART_COLOR_FOREGROUND,clrNONE); ChartSetInteger(0,CHART_COLOR_CANDLE_BEAR,clrNONE); ChartSetInteger(0,CHART_COLOR_CANDLE_BULL,clrNONE); ChartSetInteger(0,CHART_COLOR_CHART_DOWN,clrNONE); ChartSetInteger(0,CHART_COLOR_CHART_UP,clrNONE); ChartSetInteger(0,CHART_COLOR_CHART_LINE,clrNONE); ChartSetInteger(0,CHART_COLOR_GRID,clrNONE); ChartSetInteger(0,CHART_COLOR_ASK,clrNONE); ChartSetInteger(0,CHART_COLOR_BID,clrNONE);} void UnBlankChart(){ ChartSetInteger(0,CHART_COLOR_FOREGROUND,foreground_color); ChartSetInteger(0,CHART_COLOR_CANDLE_BEAR,bear_candle_color); ChartSetInteger(0,CHART_COLOR_CANDLE_BULL,bull_candle_color); ChartSetInteger(0,CHART_COLOR_BACKGROUND,background_color); ChartSetInteger(0,CHART_COLOR_CHART_DOWN,foreground_color); ChartSetInteger(0,CHART_COLOR_CHART_UP,foreground_color); ChartSetInteger(0,CHART_COLOR_CHART_LINE,foreground_color); ChartSetInteger(0,CHART_COLOR_GRID,clrNONE); ChartSetInteger(0,CHART_COLOR_ASK,clrNONE); ChartSetInteger(0,CHART_COLOR_BID,clrNONE);} void HideBars(datetime starttime, int shift){ int startbarindex = iBarShift(_Symbol,_Period,starttime,false); ChartNavigate(0,CHART_BEGIN,0); if (Time[WindowFirstVisibleBar()]>SimulationTime()){NotifyNotEnoughHistoricalData();} if (Time[WindowFirstVisibleBar()]=0; i--){ vlinename="VLine"+IntegerToString(i); ObjectCreate(0,vlinename,OBJ_VLINE,0,Time[i],0); ObjectSetInteger(0,vlinename,OBJPROP_COLOR,background_color); ObjectSetInteger(0,vlinename,OBJPROP_BACK,false); ObjectSetInteger(0,vlinename,OBJPROP_WIDTH,vlinewidth); ObjectSetInteger(0,vlinename,OBJPROP_ZORDER,10); ObjectSetInteger(0,vlinename,OBJPROP_FILL,true); ObjectSetInteger(0,vlinename,OBJPROP_STYLE,STYLE_SOLID); ObjectSetInteger(0,vlinename,OBJPROP_SELECTED,false); ObjectSetInteger(0,vlinename,OBJPROP_SELECTABLE,false); } NavigateToSimulationPosition(); SetChartMinMax();} }//end of HideBars function void SetChartMinMax(){ int firstbar = WindowFirstVisibleBar(); int lastbar = SimulationPosition(); int lastbarwhenscrolled = WindowFirstVisibleBar()-WindowBarsPerChart(); if (lastbarwhenscrolled>lastbar){lastbar=lastbarwhenscrolled;} double highest = High[iHighest(_Symbol,_Period,MODE_HIGH,firstbar-lastbar,lastbar)]; double lowest = Low[iLowest(_Symbol,_Period,MODE_LOW,firstbar-lastbar,lastbar)]; ChartSetInteger(0,CHART_SCALEFIX,true); ChartSetDouble(0,CHART_FIXED_MAX,highest+vertical_margin*_Point); ChartSetDouble(0,CHART_FIXED_MIN,lowest-vertical_margin*_Point); } void LabelCreate(string labelname, string labeltext, int row, int column, color labelcolor){ int ylocation = row*18; int xlocation = column*10; ObjectCreate(0,labelname,OBJ_LABEL,0,0,0); ObjectSetString(0,labelname,OBJPROP_TEXT,labeltext); ObjectSetInteger(0,labelname,OBJPROP_COLOR,labelcolor); ObjectSetInteger(0,labelname,OBJPROP_FONTSIZE,10); ObjectSetInteger(0,labelname,OBJPROP_ZORDER,10); ObjectSetInteger(0,labelname,OBJPROP_BACK,false); ObjectSetInteger(0,labelname,OBJPROP_CORNER,CORNER_LEFT_UPPER); ObjectSetInteger(0,labelname,OBJPROP_ANCHOR,ANCHOR_LEFT_UPPER); ObjectSetInteger(0,labelname,OBJPROP_XDISTANCE,xlocation); ObjectSetInteger(0,labelname,OBJPROP_YDISTANCE,ylocation);} double GetHLinePrice(string name){ return ObjectGetDouble(0,name,OBJPROP_PRICE,0); } void CreateHLine(int chartid, string objectnamey, double objectprice, color linecolor, int width, int zorder, bool back, bool selected, bool selectable, string descriptionn) { ObjectDelete(chartid,objectnamey); ObjectCreate(chartid,objectnamey,OBJ_HLINE,0,0,objectprice); ObjectSetString(chartid,objectnamey,OBJPROP_TEXT,objectprice); ObjectSetInteger(chartid,objectnamey,OBJPROP_COLOR,linecolor); ObjectSetInteger(chartid,objectnamey,OBJPROP_WIDTH,width); ObjectSetInteger(chartid,objectnamey,OBJPROP_ZORDER,zorder); ObjectSetInteger(chartid,objectnamey,OBJPROP_BACK,back); ObjectSetInteger(chartid,objectnamey,OBJPROP_SELECTED,selected); ObjectSetInteger(chartid,objectnamey,OBJPROP_SELECTABLE,selectable); ObjectSetString(0,objectnamey,OBJPROP_TEXT,descriptionn); } //end of code 
submitted by Learning_2 to Forex [link] [comments]

Some trading wisdom, tools and information I picked up along the way that helped me be a better trader. Maybe it can help you too.

Its a bit lengthy and I tried to condense it as much as I can. So take everything at a high level as each subject is has a lot more depth but fundamentally if you distill it down its just taking simple things and applying your experience using them to add nuance and better deploy them.
There are exceptions to everything that you will learn with experience or have already learned. If you know something extra or something to add to it to implement it better or more accurately. Then great! However, my intention of this post is just a high level overview. Trading can be far too nuanced to go into in this post and would take forever to type up every exception (not to mention the traders individual personality). If you take the general information as a starting point, hopefully you will learn the edge cases long the way and learn how to use the more effectively if you end up using them. I apologize in advice for any errors or typos.
Introduction After reflecting on my fun (cough) trading journey that was more akin to rolling around on broken glass and wondering if brown glass will help me predict market direction better than green glass. Buying a $100 indicator at 2 am when I was acting a fool, looking at it and going at and going "This is a piece of lagging crap, I miss out on a large part of the fundamental move and never using it for even one trade". All while struggling with massive over trading and bad habits because I would get bored watching a single well placed trade on fold for the day. Also, I wanted to get rich quick.
On top all of that I had a terminal Stage 4 case of FOMO on every time the price would move up and then down then back up. Just think about all those extra pips I could have trading both directions as it moves across the chart! I can just sell right when it goes down, then buy right before it goes up again. Its so easy right? Well, turns out it was not as easy as I thought and I lost a fair chunk of change and hit my head against the wall a lot until it clicked. Which is how I came up with a mixed bag of things that I now call "Trade the Trade" which helped support how I wanted to trade so I can still trade intra day price action like a rabid money without throwing away all my bananas.
Why Make This Post? - Core Topic of Discussion I wish to share a concept I came up with that helped me become a reliable trader. Support the weakness of how I like to trade. Also, explaining what I do helps reinforce my understanding of the information I share as I have to put words to it and not just use internalized processes. I came up with a method that helped me get my head straight when trading intra day.
I call it "Trade the Trade" as I am making mini trades inside of a trade setup I make from analysis on a higher timeframe that would take multiple days to unfold or longer. I will share information, principles, techniques I used and learned from others I talked to on the internet (mixed bag of folks from armatures to professionals, and random internet people) that helped me form a trading style that worked for me. Even people who are not good at trading can say something that might make it click in your head so I would absorbed all the information I could get.I will share the details of how I approach the methodology and the tools in my trading belt that I picked up by filtering through many tools, indicators strategies and witchcraft. Hopefully you read something that ends up helping you be a better trader. I learned a lot from people who make community posts so I wanted to give back now that I got my ducks in a row.
General Trading Advice If your struggling finding your own trading style, fixing weakness's in it, getting started, being reliably profitable or have no framework to build yourself higher with, hopefully you can use the below advice to help provide some direction or clarity to moving forward to be a better trader.
  1. KEEP IT SIMPLE. Do not throw a million things on your chart from the get go or over analyzing what the market is doing while trying to learn the basics. Tons of stuff on your chart can actually slow your learning by distracting your focus on all your bells and whistles and not the price action.
  2. PRICE ACTION. Learn how to read price action. Not just the common formations, but larger groups of bars that form the market structure. Those formations carry more weight the higher the time frame they form on. If struggle to understand what is going on or what your looking at, move to a higher time frame.
  3. INDICATORS. If you do use them you should try to understand how every indicator you use calculates its values. Many indicators are lagging indicators, understanding how it calculates the values can help you learn how to identify the market structure before the indicator would trigger a signal . This will help you understand why the signal is a lagged signal. If you understand that you can easily learn to look at the price action right before the signal and learn to watch for that price action on top of it almost trigging a signal so you can get in at a better position and assume less downside risk. I recommend using no more than 1-2 indicators for simplicity, but your free to use as many as you think you think you need or works for your strategy/trading style.
  4. PSYCOLOGY. First, FOMO is real, don't feed the beast. When you trade you should always have an entry and exit. If you miss your entry do not chase it, wait for a new entry. At its core trading is gambling and your looking for an edge against the house (the other market participants). With that in mind, treat as such. Do not risk more than you can afford to lose. If you are afraid to lose it will negatively effect your trade decisions. Finally, be honest with your self and bad trading happens. No one is going to play trade cop and keep you in line, that's your job.
  5. TRADE DECISION MARKING: Before you enter any trade you should have an entry and exit area. As you learn price action you will get better entries and better exits. Use a larger zone and stop loss at the start while learning. Then you can tighten it up as you gain experience. If you do not have a area you wish to exit, or you are entering because "the markets looking like its gonna go up". Do not enter the trade. Have a reason for everything you do, if you cannot logically explain why then you probably should not be doing it.
  6. ROBOTS/ALGOS: Loved by some, hated by many who lost it all to one, and surrounded by scams on the internet. If you make your own, find a legit one that works and paid for it or lost it all on a crappy one, more power to ya. I do not use robots because I do not like having a robot in control of my money. There is too many edge cases for me to be ok with it.However, the best piece of advice about algos was that the guy had a algo/robot for each market condition (trending/ranging) and would make personalized versions of each for currency pairs as each one has its own personality and can make the same type of movement along side another currency pair but the price action can look way different or the move can be lagged or leading. So whenever he does his own analysis and he sees a trend, he turns the trend trading robot on. If the trend stops, and it starts to range he turns the range trading robot on. He uses robots to trade the market types that he is bad at trading. For example, I suck at trend trading because I just suck at sitting on my hands and letting my trade do its thing.

Trade the Trade - The Methodology

Base Principles These are the base principles I use behind "Trade the Trade". Its called that because you are technically trading inside your larger high time frame trade as it hopefully goes as you have analyzed with the trade setup. It allows you to scratch that intraday trading itch, while not being blind to the bigger market at play. It can help make sense of why the price respects, rejects or flat out ignores support/resistance/pivots.
  1. Trade Setup: Find a trade setup using high level time frames (daily, 4hr, or 1hr time frames). The trade setup will be used as a base for starting to figure out a bias for the markets direction for that day.
  2. Indicator Data: Check any indicators you use (I use Stochastic RSI and Relative Vigor Index) for any useful information on higher timeframes.
  3. Support Resistance: See if any support/resistance/pivot points are in currently being tested/resisted by the price. Also check for any that are within reach so they might become in play through out the day throughout the day (which can influence your bias at least until the price reaches it if it was already moving that direction from previous days/weeks price action).
  4. Currency Strength/Weakness: I use the TradeVision currency strength/weakness dashboard to see if the strength/weakness supports the narrative of my trade and as an early indicator when to keep a closer eye for signs of the price reversing.Without the tool, the same concept can be someone accomplished with fundamentals and checking for higher level trends and checking cross currency pairs for trends as well to indicate strength/weakness, ranging (and where it is in that range) or try to get some general bias from a higher level chart that may help you out. However, it wont help you intra day unless your monitoring the currency's index or a bunch of charts related to the currency.
  5. Watch For Trading Opportunities: Personally I make a mental short list and alerts on TradingView of currency pairs that are close to key levels and so I get a notification if it reaches there so I can check it out. I am not against trading both directions, I just try to trade my bias before the market tries to commit to a direction. Then if I get out of that trade I will scalp against the trend of the day and hold trades longer that are with it.Then when you see a opportunity assume the directional bias you made up earlier (unless the market solidly confirms with price action the direction while waiting for an entry) by trying to look for additional confirmation via indicators, price action on support/resistances etc on the low level time frame or higher level ones like hourly/4hr as the day goes on when the price reaches key areas or makes new market structures to get a good spot to enter a trade in the direction of your bias.Then enter your trade and use the market structures to determine how much of a stop you need. Once your in the trade just monitor it and watch the price action/indicators/tools you use to see if its at risk of going against you. If you really believe the market wont reach your TP and looks like its going to turn against you, then close the trade. Don't just hold on to it for principle and let it draw down on principle or the hope it does not hit your stop loss.
  6. Trade Duration Hold your trades as long or little as you want that fits your personality and trading style/trade analysis. Personally I do not hold trades past the end of the day (I do in some cases when a strong trend folds) and I do not hold trades over the weekends. My TP targets are always places I think it can reach within the day. Typically I try to be flat before I sleep and trade intra day price movements only. Just depends on the higher level outlook, I have to get in at really good prices for me to want to hold a trade and it has to be going strong. Then I will set a slightly aggressive stop on it before I leave. I do know several people that swing trade and hold trades for a long period of time. That is just not a trading style that works for me.
Enhance Your Success Rate Below is information I picked up over the years that helped me enhance my success rate with not only guessing intra day market bias (even if it has not broken into the trend for the day yet (aka pre London open when the end of Asia likes to act funny sometimes), but also with trading price action intra day.
People always say "When you enter a trade have an entry and exits. I am of the belief that most people do not have problem with the entry, its the exit. They either hold too long, or don't hold long enough. With the below tools, drawings, or instruments, hopefully you can increase your individual probability of a successful trade.
**P.S.*\* Your mileage will vary depending on your ability to correctly draw, implement and interpret the below items. They take time and practice to implement with a high degree of proficiency. If you have any questions about how to do that with anything listed, comment below and I will reply as I can. I don't want to answer the same question a million times in a pm.
Tools and Methods Used This is just a high level overview of what I use. Each one of the actions I could go way more in-depth on but I would be here for a week typing something up of I did that. So take the information as a base level understanding of how I use the method or tool. There is always nuance and edge cases that you learn from experience.
Conclusion
I use the above tools/indicators/resources/philosophy's to trade intra day price action that sometimes ends up as noise in the grand scheme of the markets movement.use that method until the price action for the day proves the bias assumption wrong. Also you can couple that with things like Stoch RSI + Relative Vigor Index to find divergences which can increase the probability of your targeted guesses.

Trade Example from Yesterday This is an example of a trade I took today and why I took it. I used the following core areas to make my trade decision.
It may seem like a lot of stuff to process on the fly while trying to figure out live price action but, for the fundamental bias for a pair should already baked in your mindset for any currency pair you trade. For the currency strength/weakness I stare at the dashboard 12-15 hours a day so I am always trying to keep a pulse on what's going or shifts so that's not really a factor when I want to enter as I would not look to enter if I felt the market was shifting against me. Then the higher timeframe analysis had already happened when I woke up, so it was a game of "Stare at the 5 min chart until the price does something interesting"
Trade Example: Today , I went long EUUSD long bias when I first looked at the chart after waking up around 9-10pm Eastern. Fortunately, the first large drop had already happened so I had a easy baseline price movement to work with. I then used tool for currency strength/weakness monitoring, Pivot Points, and bearish divergence detected using Stochastic RSI and Relative Vigor Index.
I first noticed Bearish Divergence on the 1hr time frame using the Stochastic RSI and got confirmation intra day on the 5 min time frame with the Relative Vigor Index. I ended up buying the second mini dip around midnight Eastern because it was already dancing along the pivot point that the price had been dancing along since the big drop below the pivot point and dipped below it and then shortly closed back above it. I put a stop loss below the first large dip. With a TP goal of the middle point pivot line
Then I waited for confirmation or invalidation of my trade. I ended up getting confirmation with Bearish Divergence from the second large dip so I tightened up my stop to below that smaller drip and waited for the London open. Not only was it not a lower low, I could see the divergence with the Relative Vigor Index.
It then ran into London and kept going with tons of momentum. Blew past my TP target so I let it run to see where the momentum stopped. Ended up TP'ing at the Pivot Point support/resistance above the middle pivot line.
Random Note: The Asian session has its own unique price action characteristics that happen regularly enough that you can easily trade them when they happen with high degrees of success. It takes time to learn them all and confidently trade them as its happening. If you trade Asia you should learn to recognize them as they can fake you out if you do not understand what's going on.

TL;DR At the end of the day there is no magic solution that just works. You have to find out what works for you and then what people say works for them. Test it out and see if it works for you or if you can adapt it to work for you. If it does not work or your just not interested then ignore it.
At the end of the day, you have to use your brain to make correct trading decisions. Blindly following indicators may work sometimes in certain market conditions, but trading with information you don't understand can burn you just as easily as help you. Its like playing with fire. So, get out there and grind it out. It will either click or it wont. Not everyone has the mindset or is capable of changing to be a successful trader. Trading is gambling, you do all this work to get a edge on the house. Trading without the edge or an edge you understand how to use will only leave your broker happy in the end.
submitted by marcusrider to Forex [link] [comments]

Why looking at multi time frames is important

this is basically to show how you shouldn't only focus on one time frame(doesn't mean you should focus on all,but 1time frame higher than the one you're trading on will suffice)
so in this example https://www.tradingview.com/x/Mn5fxz4M/
we can see AUDNZD is in a downtrend,it broke previous support,and now was coming back to retest the horizontal level,which is also a fib level,and a trend line,hell it was even showing a clear divergence,it literally had so many confluences and even rejected the zone completly
it would have been a good trade,but on the daily time frame https://www.tradingview.com/x/P7gcpuAW/
we can see it was a break and retest with a few confluences and the probabilty of it going upwards was a bit higher than it going lower,this is why looking at the daily time frame you could have avoided taking the trade and prevented your loss,this doesn't mean that you should not take a short position on the m5 because daily is in an uptrend,this is mainly to show how different time frames show different things and how normally price tends to follow the higher time frame
ps im a newbie who's been learning forex for a month or a bit more so take what i say with a grain of salt,and if anyone wants to provide any extra inputs or their own input,please feel free to do so
submitted by whyislifelikethis__ to Daytrading [link] [comments]

Why looking at multi time frame's is important

This is basically to show how you shouldn't only focus on one time frame(doesn't mean you should focus on all,but 1time frame higher than the one you're trading on will suffice)
so in this example https://www.tradingview.com/x/Mn5fxz4M/

we can see AUDNZD is in a downtrend,it broke previous support,and now was coming back to retest the horizontal level,which is also a fib level,and a trend line,hell it was even showing a clear divergence,it literally had so many confluences and even rejected the zone completly
it would have been a good trade,but on the daily time frame https://www.tradingview.com/x/P7gcpuAW/
we can see it was a break and retest with a few confluences and the probabilty of it going upwards was a bit higher than it going lower,this is why looking at the daily time frame you could have avoided taking the trade and prevented your loss,this doesn't mean that you should not take a short position on the m5 because daily is in an uptrend,this is mainly to show how different time frames show different things and how normally price tends to follow the higher time frame
ps im a newbie who's been learning forex for a month or a bit more so take what i say with a grain of salt,and if anyone wants to provide any extra inputs or their own input,please feel free to do so
submitted by whyislifelikethis__ to Forex [link] [comments]

Trading Ideas For Next Week [Week 2] (Part 1)

Trading Ideas For Next Week [Week 2] (Part 1)
Due to popular demand I've decided to bring this series back for a week 2 and I'll continue to release 3-5 trading ideas every Saturday. How do you guys feel about the name of this series? Would you like me to change the name to something like "Setup Saturdays" or are you guys cool with the current naming scheme?
So this week I wanted to be a lot more in depth in my analysis and setups since I didn't think I was super clear last week with my reasoning on some the setups. I want these posts to be as beginner friendly as possible because there's a lot more beginners in this Subreddit than I had realized. I want you to use this as an educational tool and not as a signal service as a result I'm going to give you possible trade setups and I want you to be the judge of whether you should enter once/if price gets to that point since I feel like that will benefit beginners in the long run. I got a couple questions about top down time frame analysis so that'll be a focus of today's post. Scroll down to NZDJPY if you really want an in-depth look at how I perform top down time frame analysis.
I'll include a picture of a chart and my TradingView chart so if you want to zoom in and out of the chart you'll have that ability to do so.
Quick Disclaimer: Some of the charts pricing might be off by a bit since I started working on this during the New York session on Friday. If any of the charts are impacted in a way that alters the setup I'll be sure to update the charts before I post this on Saturday. Just gotta hope that hope that Powell doesn't break the market or else I might have to redo this entire post.
AUDUSD:

AUDUSD Daily
TradingView Link For Daily: https://www.tradingview.com/chart/AUDUSD/Wb5K2bS8-AUDUSD-Daily-For-Reddit-Post-6-20-U-AD3133/
Analysis: Which way is the trend pointing? It looks like it's pointing up which we can see with the green trend line but how about we zoom in to the 4 hour char to see if that's actually the case.
Tip: When drawing a trend line, especially on the daily and higher time frames, remember to hit as many wicks as possible since they are relevant and not just some anomaly you can ignore.

AUDUSD 4 Hour
TradingView Link For 4 Hour: https://www.tradingview.com/chart/AUDUSD/aah8294z-AUDUSD-4-Hour-For-Reddit-Post-6-20-U-AD3133/
Analysis: When we got close to where we are with price and we draw a Fibonacci Retracement from the point where price took off to the point where price peaked we can see that price came down to .5 Fibonacci level where it then started going up again. Coincidence? Possibly. As a result I believe that price could continue higher and it would be justified if it did. However, if we look at the trend lines we can see that price appears to have broke put of of our major trend line (Green) which means that price could fall to the downside if it's actually a breakout. Price then appears like it would then adhere to the new minor trend line (Red). There's also the possibility that this was just a fake breakout and price could go up and adhere to green trend line. I'm going to have a selling bias on this trade since price looks like it double topped at the highs of this year and it looks like we could see price fall. I'm leaning towards the drop of price due to the symmetrical triangle pattern created by the major and minor trend line and looks like price is going to get pushed down which we should get an idea of soon.
Tip: Every time price makes a large move and falls/rises after making a peak/valley always pull out the Fibonacci retracement tool to see if price will bounce from the .382, .5, or .618 levels as they are the most significant levels. This can tell you if you're going to likely get a trend continuation.

AUDUSD 1 Hour
TradingView Link For 1 Hour: https://www.tradingview.com/chart/AUDUSD/IHgrnfYs-AUDUSD-1-Hour-For-Reddit-Post-6-20-U-AD3133/
Analysis: I drew out multiple different scenarios which I think can play out since like I said before we're not trying to predict a single movement but we're preparing to be reactive to an ideal condition which may be thrown at us. Remember that major trend line we drew in on the daily chart well it's going to play a large role here. This trend line has been in the making since March so we're not just going to brush it off. The trend line appears to have been broken and we seem to be sticking that minor trend line after the break of the symmetrical triangle pattern. After the break of the symmetrical triangle pattern price usually gets pushed heavily to one side and it looks like price is wanting to get pushed to the downside. As a result, I'm going to really keep on eyes on scenario the blue arrows display since I think it's the most probable. Looking at the scenario there are going to be two potentially good entry points for a sell. The first being when price goes up to retest the green trend line which would also serve as a bounce from our red trend line. Once we get that bounce we could enter in for a sell with a take profit hopefully somewhere around the .66 area. Another good entry would be when price breaks the zone of support of .68 and after it retests it. Wait for a confirmation candlestick pattern showing price will fall when retesting (i.e. railroad track, bullish engulfment candle, evening star, shooting star, etc.). Look for these candlestick patterns on the 15 minute chart. Once you got the confirmation take the sell and ride price down to the .66 zone. The other scenario that could occur is we could see price go back into the green trend line by breaking the red trend line (Orange Arrows). If this occurs we want to catch the retest bounce of the red trend line and ride price up to the high of the year which is at .702. At that point price could break the resistance at which point we could catch the retest of the zone and ride price up. Or it could go up to .702 create a triple top and fall. If you get a candlestick confirmation saying it'll fall then take a sell at the high of the year.
NZDUSD:
If there's something I really like in Forex it's definitely got to be harmonic patterns due to their high accuracy. NZDUSD just recently completed one of them and this is a really good indicator of what price is going to do.

NZDUSD Daily
TradingView Chart For Daily: https://www.tradingview.com/chart/NZDUSD/zQpHzUcK-NZDUSD-Daily-For-Reddit-Post-6-20-U-AD3133/
Analysis: Yes, we have trend line that says that price is going up however I make exceptions for Harmonic patterns since they are accurate about 80%-90% of the time. The pattern you see above is know as a Bearish Bat Pattern. Like the name says it's an indicator that price is going to go Bearish so although the trend line is going up I'm going to have a bearish bias on this trade.

NZDUSD 4 Hour
TradingView Chart For 4 Hour: https://www.tradingview.com/chart/NZDUSD/C29kpCyO-NZDUSD-4-Hour-For-Reddit-Post-6-20-U-AD3133/
Analysis: Not really much to add here just tossed on a Fibonacci retracement tool from where price took off to the peak just to check for any potential support from any of the major levels which we don't appear to have. We'll go a lot more in-depth on this pair on the 1 hour chart since that's where things get interesting.

NZDUSD 1 Hour
TradingView Link For 1 Hour: https://www.tradingview.com/chart/NZDUSD/dKJatcM7-NZDUSD-1-Hour-For-Reddit-Post-6-20-U-AD3133/
Analysis: Looking at price we can see that since June 11th price has been trading in a boxed consolidation range. Again I drew out the possibilities I believe could be ideal for us. Remember that I said Harmonics work 80%-90%. Well that means that they fail 10%-20% of the time which is definitely not something we can neglect. We can see that there's a descending triangle which price is reaching the end of. This means that price is getting ready to move to one direction since big moves always come after consolidation. If it moves to upside wait for price to close above the the spot marked D then you can enter for a buy and ride price up to the .67525 zone where price could break to upside or bounce back down (Orange Arrow). Remember to wait for it to actually close above point D since it could create a triple top and drive price back down. It's the same procedure as AUDUSD here if it makes this move where if it breaks it then catch the retest and if it looks like it's wanting to fall down wait for a confirmation pattern. If it breaks the box to the downside and breaks the support zone then take a sell and ride price down to the trend line at which point you should close the trade as there's a chance price could move against you and it's best to secure profits while you can. Once at the trend line it could bounce and if it does you should be able to ride price up to that .67525 zone (Green Arrow). If price breaks the trend line then wait for the retest and you should be able to ride price down pretty far (Red Arrows). I think you should be able to ride it down to .5918 zone but you'll have to keep your on it.
EURNZD:

EURNZD Daily
TradingView Link For Daily: https://www.tradingview.com/chart/EURNZD/jzgmGcRe-EURNZD-Daily-For-Reddit-Post-6-20-U-AD3133/
Analysis: Well we got a pretty clear descending channel and price looks like it's at the top part of the channel currently so we're going to want to look for some optimal selling conditions due to the down trend.

EURNZD 4 Hour
TradingView Link For 4 Hour: https://www.tradingview.com/chart/EURNZD/YzOpvcH7-EURNZD-4-Hour-For-Reddit-Post-6-20-U-AD3133/
Analysis: Looking at the 4 hour chart we can see that there appears to be a symmetrical triangle coming to it's end meaning price is getting ready to get pushed to a side. I believe it'll break the triangle and fall to the downside so once you see it break it would be a good idea to take a sell and ride price down to that support zone at 1.7187. Price could also briefly break to the upside then bounce off the top of the channel and it does take a trade from the bounce and ride price down to the same support zone. At that point, I'll leave it up to you to determine how you think price will go and what you should be looking for. Consider it to be a little quiz if you want to think of it like that. You've got my charts so use them as a reference since I've already marked some crucial support/resistance zones which we should keep our on for the next couple weeks.

EURNZD 1 Hour
TradingView Link For 1 Hour: https://www.tradingview.com/chart/EURNZD/ICWvgEsg-EURNZD-1-Hour-For-Reddit-Post-6-20-U-AD3133/
Analysis: There's nothing that special on the one hour chart that I have to point out since I think we pretty much got all the big stuff out of the way on our analysis of the 4 hour chart. Be sure to get a good sell in there since there are two potentially good setups which I've outlined for you. Also be sure to be careful and wait for the bounce of the channel if price goes that way since there's a chance price could break the channel and I don't want you to take a loss because you were impatient.
NZDJPY:
This pair is going to be really fun since we're going to be looking through a lot of time frames so if you really want to learn about a top down approach to analyzing time frames and trends then pay very close attention to how I break down this trade.

NZDJPY Monthly
TradingView Link For Monthly: https://www.tradingview.com/chart/NZDJPY/jZh4F2Jv-NZDJPY-Monthly-For-Reddit-Post-6-20-U-AD3133/
Analysis: Yes, we're actually going to be looking at the monthly chart. I bet you guys don't do that very often. Looking at it we can see that price has been following a clear down trend line since late 2014. If you look at the wick of this month's candle you can see that it appears to have touched the trend line meaning we could see a good opportunity to catch a sell since it had just recently bounced off. Let's take a look at lower time frames to see if this continues to be true.

NZDJPY Weekly
TradingView Link For Weekly: https://www.tradingview.com/chart/NZDJPY/dpvI29BB-NZDJPY-Weekly-For-Reddit-Post-6-20-U-AD3133/
Analysis: When zooming into the weekly we can see that using the wicks of the candles we can actually draw a channel for the low portion that runs pretty much in parallel to the trend line we drew on the monthly chart. We can see that price clearly bounced from the trend line and I think this gives us good reason to believe in the coming weeks we could see the price drop. Also looking at the Bollinger Bands we can see that price also bounced from the top band which also supports a drop of price. Let's go into the daily to see if we can get a better idea.

NZDJPY Daily
TradingView Link For Daily: https://www.tradingview.com/chart/NZDJPY/NbWLURkU-NZDJPY-Daily-For-Reddit-Post-6-20-U-AD3133/
Analysis: Looking at the daily time frame we can see that price is currently consolidated and remember big moves always come after consolidation. If you look closely however you can see that price looks like it's about to break the 200 day EMA (Orange line). If it breaks the EMA we could see price drop pretty far at an accelerated rate. Besides those couple observations there's not much else going on with the daily chart.

NZDJPY 4 Hour
TradingView Link For 4 Hour: https://www.tradingview.com/chart/NZDJPY/d1kaogH5-NZDJPY-4-Hour-For-Reddit-Post-6-20-U-AD3133/
Analysis: Would you look at that, it looks like we got a descending triangle on the 4 hour chart which looks like it's coming to an end. Looking at price it looks like it's wanting to push to the downside. Once you get a break below the lows of the day of June 11th I think it would be a safe bet to take a sell trade and ride it down for 66.825 for this week. If it breaks the 66.825 support zone then I'll definitely take a sell and try to ride price down to the bottom of the channel which we drew on the weekly chart. There's also the possibility that price could take support at any of these support zones and then head back up to test the top of the channel. At which point I'll be looking to get into a sell at the top of the channel but I won't ride price up to the channel since at this current point in time I feel like there's a large amount of risk in that.

NZDJPY 1 Hour
TradingView Link For 1 Hour: https://www.tradingview.com/chart/NZDJPY/83b47mFS-NZDJPY-1-Hour-For-Reddit-Post-6-20-U-AD3133/
Analysis: Not much more to add here since I think by this point we got the entire story so I'm not going to say much more about the 1 hour chart since I think the analysis for the 4 hour chart also sums this up pretty well.
Well that was a lot of information to go through and I hope you found some value in this since it took me quite a few hours to put this together for you guys. Truth be told, I spent most of Friday working on this so I hope at least one person finds some value in which case I'll consider it a win.
So you guys tired of me yet or do you want me to continue this series for a week 3? It takes a lot of time and effort to put this together so I'll only do it if people want it or else I'll pretty much feel like I wasted my time. I might put together a little lesson on how to use the COT in order to catch some big reversal moves in the market since the COT pretty much tells you what the hedge funds are doing and you also want to trade with the hedge funds and institutions. It'll probably take a couple weeks since I'll have to compile some data together and wait for a setup before putting that out but I'll be working on it. Are there any other things you may want explained? Let me know and I'll try to find setups which contain the topic you may want more details on. I hope you have a great trading week!
submitted by AD3133 to Forex [link] [comments]

[Free] The Complete Day Trading Course - YouTube Playlist (New 2020)

Day Trading & Technical Analysis System For Intraday Trading Stocks, Forex, Crypto, Options Trading & Financial Trading
What you'll learn
Learn All The Charting Tools, Trading Strategies And Profitable Hacks For Day Trading With Real World Examples!
Dedicated Support from the Course Instructors and the Learning Community. 100% Questions Answered Within 24 Hours!
How to Build a Solid Strong Foundation For Day Trading
How to Use TradingView For Chart Analysis & Paper Trading
How to Choose The Best Chart Time Frames For Day Trading
How to Use Different Day Trading Order Types
How to Short Sell & Deal With Short Squeezes
How to Avoid Blowing Up Your Account
How to Use Support & Resistance
How to Trade Profitable Technical Indicators & Overlays That Work Well For Day Trading
How to Identify Market Directions Using EMA
How to Identify Market Directions Using MACD
How to Identify Overbought and Oversold Conditions Using RSI
How to Use Bollinger Bands to Buy Low Sell High
How to Trade Profitable Chart Patterns That Work Well For Day Trading
How to Trade Broadening Tops and Bottoms
How to Trade Wedges and Triangles
How to Trade Flags and Pennants
How to Trade Gaps
How to Trade Double Tops and Bottoms
How to Trade Rounding Tops and Bottoms
How to Trade Diamond Tops and Bottoms
How to Trade Cup and Handle
How to Trade Head and Shoulders
How to Trade Dead-Cat Bounces
And a lot more...
Videos
Introduction

003 How to Use Trading View For Chart Analysis

004 How to Choose The Best Chart Time Frames For Day Trading

005 Day Trading Order Types

006 Short Selling Short Squeeze

007 How to Avoid Blowing Up Your Account

008 How to Use Support Resistance

009 How to Identify Market Directions Using EMAs

010 How to Identify Market Directions Using MACD

011 How to Identify Overbought and Oversold Conditions Using RSI

012 How to Use Bollinger Bands to Buy Low Sell High

013 How to Trade Broadening Tops and Bottoms

014 How to Trade Wedges and Triangles

015 How to Trade Flags and Pennants

016 How to Trade Gaps

017 How to Trade Double Tops and Bottoms

018 How to Trade Rounding Tops and Bottoms

019 How to Trade Diamond Tops and Bottoms

020 How to Trade Cup and Handle

021 How to Trade Head and Shoulder

022 How to Trade Dead Cat Bounces
submitted by cardporbudspha to Daytrading [link] [comments]

Automated Parallax BB strategy - v1 (Update)

Automated Parallax BB strategy - v1 (Update)
This is a quick update to my previous post on automating this strategy. I ran some more tests and wanted to share the results.
Test
I did make some minor modifications since the previous tests. Some parameters in the algorithm were tweaked, otherwise the algorithm itself is mostly unchanged. Therefore I'm still considering this v1 of the algorithm.
For this round, I ran the test on all major pairs for 2017 - 2019 on H4 and D1 timeframes. Again, each test was run on one pair+timeframe at a time.
Risk amount for each trade was 1%.
Results
https://preview.redd.it/iuax5qp6frc51.png?width=1686&format=png&auto=webp&s=07cd3df1791ced925f9971777d35c46f62566399
https://preview.redd.it/hmsuyyz9frc51.png?width=1648&format=png&auto=webp&s=b08c317e9caeed6bf20c584fa40888f1559147c7
Similar to what paulv1333 observed in their implementation, the performance got worse as we stepped down into lower timeframes. However, it looks promising at the D1 timeframe.
Next Steps
  • I need to decide if it's worth investing time to get this system profitable on lower time frames or just focus on D1
  • Still need to work on improving the signal quality + win rate
  • Experiment with other parameters and trade management strategies
  • Run algo tests with universe of all 28 pairs
Tools
For those interested, here's some details on my workflow/tools.
The algorithm is implemented in C# on LEAN. One downside of this is that it doesn't come with any charting capabilities. For now, I'm generating TradingView indicators from my test data to plot trades in TradingView. From here, I'll look through the trades and come up with ideas for optimizations.
I use Jupyter Notebooks+Python+pandas to analyze the data generated by the algo and do some experimentation with ideas here.
submitted by lucrumlabs to Forex [link] [comments]

PRE WEEK FORECAST - MULTIPLE TIME FRAME SYSTEM | DAY TRADING IN FOREX SUPPORT AND RESISTANCE #TWE

PRE Week FOREX Analysis Secrets: Powerful Strategies to Profit in Bull & Bear Markets #TeamwithERVING
📈 LIVE VIDEO: https://youtu.be/9m-M6Suhkzo
👇🏼 SUBSCRIBE IS FREE: https://bit.ly/3lStnDr
#TEAMWITHERVING #XAUUSD #forextrading #forexanalysis #tradeforex #godfirst #forex #multipletimeframesystem
#forextrader #tradingview #EURUSD #TradingMultipleTimeframes #besttimeframestotrade #trading #daytrading #tradingeducation
#tradeforex #HOWTOTRADEFOREX #FOREX #tradingforex #trading #forexlifestyle #MultipleTimeFrameSystem #tradingsignals
#daytrading #tradingeducation
submitted by ERVINGOLIVAS to u/ERVINGOLIVAS [link] [comments]

I am currently happy with my Forex trading (examples in comments). I'm wanting to expand to stocks but I feel lost.

I am currently happy with my Forex trading (examples in comments). I'm wanting to expand to stocks but I feel lost.
TL;DR I feel brand new to day trading anything other than currencies and I'm having trouble finding the right resources to get started. Help? Will trade answers regarding trend trading.
Hey folks,
I've been involved in Forex for about 6-7 years now. Light bulb moment happened right around 2 years ago and I'm content with the growth rate of my account since then. I trade very, very simply. I look for established trends on higher timeframes (8h, 12h, daily, weekly), wait for a pullback, and then enter with fib retracements and supp/resistance on what I perceive as momentum. The moving average serves no technical purpose. It's simply a different type of visual representation of price movement. There's nothing revolutionary here.
eurjpy example
https://preview.redd.it/hmko1b2t3id51.png?width=624&format=png&auto=webp&s=56ecf58261f211f7e7f6468507ce7a0edce779b3
audusd examples:
https://preview.redd.it/rkifv53v3id51.png?width=774&format=png&auto=webp&s=315f2b381c7240cbcc23f49944f356faa8d4c5ef
nzdcad
https://preview.redd.it/uuzcshs4aid51.png?width=601&format=png&auto=webp&s=bbf806a28f5fe2bddf5e630da7f7d3f744ee9084
I want to expand into day trading but again, I feel lost. Small cap? Large cap? Reading tape? Scrapers? Volume aggregation? stock scanning scripts? Runners? Bag holding? Apparently shorting is a big deal? Penny stocks compared to "normal" stocks? which brokers offer what? ALSO, some of these charts feel chaotic at best. The choppiness just appears unreal. Price action in Forex can be choppy, but at least it's "smooth" in the sense that price opens at the same price the previous candle closed at 99% of the time.
It doesn't really help that most of the youtube resources I've come across focus on getting rich quick, or aspects of trading that I do believe are important (psychology, money management, FOMO, indicators, etc.) but I do not need help with. I'm still improving, but I've got a solid grip on these aspects and they are not what I'm looking for. I guess what I'm looking for specifically is information on the nuances, technicals, vernacular, and details that are inherent in day trading stocks that don't exist in forex. Most of the stuff I listed in the above paragraph are accurate examples.
I have zero interest in scalping Forex. I'm active duty with a full time day job which is part of the reason I strictly trade higher time frames. I've also found that the manner in which I prefer to trade is more reliable at higher time frames. That being said I am interested in getting into stocks as well as Forex and will have the option to move to second shift and trade the morning bell and all the liquidity that comes with it in the next couple months. I'm looking to get educated in the interim. It's likely that I'll eventually move into long-term trading with stocks as well, but who knows.
Does anyone have any resources or suggestions for materials that touch on topics similar to what's listed above that they found helpful when first jumping in? I'm looking for the option to trade stocks, commodities, penny stocks, etc.
Oh, I currently trade with Oanda through Tradingview and I'm considering TDAmeritrade. I can get around the PDT rule but I'm not in a hurry and would probably like to start with penny stocks with something like $5-10k I think? The problem is I'm just unsure. My personal philosophy is that demo trading is useless after buttonology. Instead I have found that trading small amounts of real money provides much better results in the long term.
submitted by Broggernaut to Howtotrade [link] [comments]

WEEKLY FOREX FORECAST- MULTIPLE TIME FRAME SYSTEM | DAY TRADING IN FOREX SUPPORT AND RESISTANCE #TWE

FULL Week FOREX Analysis Secrets: Powerful Strategies to Profit in Bull & Bear Markets #TeamwithERVING

📈 LIVE VIDEO: https://youtu.be/SiHlxEOUOi8

👇🏼 SUBSCRIBE IS FREE: https://bit.ly/3lStnDr

#TEAMWITHERVING #XAUUSD #forextrading #forexanalysis #tradeforex #godfirst #forex #multipletimeframesystem
#forextrader #tradingview #EURUSD #TradingMultipleTimeframes #besttimeframestotrade #trading #daytrading #tradingeducation
#tradeforex #HOWTOTRADEFOREX #FOREX #tradingforex #trading #forexlifestyle #MultipleTimeFrameSystem #tradingsignals
#daytrading #tradingeducatio
submitted by ERVINGOLIVAS to u/ERVINGOLIVAS [link] [comments]

GBPAUD Buys Continued. Swing and Day trading together

OP: https://www.reddit.com/Forex/comments/i4273q/gbpaud_buys/
Hey guys, entering a GBPAUD Buys soon
Whilst im heavy in my swing holding out of the long term swing. i thought i could also show how i apply the move on the lower time frame to rack in the pips.
i wont go over the higher time frames again, you can see the OP.
Daily: https://www.tradingview.com/x/fFbvGAJ0/
A huge engulf confirms the upwards bias. note that the whilst the wicks are failing to make highs, the green engulfs are "power candles" making larger moves than the red candles.
m15: https://www.tradingview.com/x/qzSeb6YH/
Expecting a retracement as we begin to form the CTL of rise 2 move. probability of dipping towards the polarity point at 1.8220, with targets of 1.8380 and SL below W. If doesnt dip low enough. entering on CTL break. as confirmed by low on TDI and RSI downtrend https://www.tradingview.com/x/YJfxMvY0/
4:1 RR
submitted by hilariouscreator to Forex [link] [comments]

Tradingview Divergence Indicator!

If you guys use Tradingview to trade forex you've got to check out the Divergence Indicator. It's a typical RSI indicator but it actually plots the divergence for you. It's great for new traders because it takes out the guess work of figuring out the divergences. You can also set it up to plot hidden divergences as well. I was looking at a couple charts and it was actually very accurate most of the time. I was using the 1 hour time frame but i know you can use this on practically any time frame.
To me divergences are one of the most powerful trading tools and i use it to execute most of my trades with great accuracy. If i were you guys i would check it out, this thing is rock solid!!
submitted by blastcoinmining to Forex [link] [comments]

PRE-WEEK ANALYSIS (Aug 10-14 2020 TRADING HIGHER TIME FRAMES LIKE A PRO |MILLENIALS IN FOREX-XAUUSD

LIVE VIDEO:https://youtu.be/o-O-9dCbpiQ

SUBSCRIBE IS FREE:
https://www.youtube.com/channel/UCNFdoPdOcBfC7t5axkveeiw?sub_confirmation=1

#TEAMWITHERVING #MultipleTimeFrames #XAUUSD #USDCHF #forextrading #forexanalysis #tradeforex
#forextrader #moneymatters #tradingview #EURUSD #MultipleTimeFrames #TradingMultipleTimeframes #besttimeframestotrade
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#tradingeducation #tradeforex #mt4 #TRIPLEARROWSYSTEM #HOWTOTRADEFOREX #FOREX #tradingforex #trading #forexlifestyle
#MultipleTimeFrameSystem #tradingsignals #tradingstrategy #EarnMoney #HowtoMakeMoneyWithNoMoney #trading #daytrading #tradingeducation
submitted by ERVINGOLIVAS to u/ERVINGOLIVAS [link] [comments]

PRE WEEK ANALYSIS FOLLOW UP-TRADING MULTIPLE TIME FRAMES MILLENNIAL MILL...

MID-WEEK FOREX ANALYSIS 3RD-7TH AUGUST 2020 - MULTIPLE TIME FRAME TRADING SYSTEM |MILLENIALS IN FOREX

LIVE VIDEO: https://youtu.be/Ko0V7PwqYG8

SUBSCRIBE IS FREE:
https://www.youtube.com/channel/UCNFdoPdOcBfC7t5axkveeiw?sub_confirmation=1

#TEAMWITHERVING #BLACKLIVEMATTER #MultipleTimeFrames #XAUUSD #USDCHF #forextrading #forexanalysis #tradeforex
#forextrader #moneymatters #tradingview #EURUSD #MultipleTimeFrames #TradingMultipleTimeframes #besttimeframestotrade
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#MultipleTimeFrameSystem #tradingsignals #tradingstrategy #EarnMoney #HowtoMakeMoneyWithNoMoney #trading #daytrading #tradingeducation
submitted by ERVINGOLIVAS to u/ERVINGOLIVAS [link] [comments]

FULL WEEK ANALYSIS-TRADING MULTIPLE TIME FRAMES |MILLENNIAL MILLIONAIRES-DAY TRADING IN FOREX XAUUSD

FULL-WEEK FOREX ANALYSIS 3RD-7TH AUGUST 2020 - MULTIPLE TIME FRAME TRADING SYSTEM |MILLENIALS IN FOREX

LIVE VIDEO:https://youtu.be/a9TLZKS3UQg

SUBSCRIBE IS FREE:
https://www.youtube.com/channel/UCNFdoPdOcBfC7t5axkveeiw?sub_confirmation=1

#TEAMWITHERVING #BLACKLIVEMATTER #MultipleTimeFrames #XAUUSD #USDCHF #forextrading #forexanalysis #tradeforex
#forextrader #moneymatters #tradingview #EURUSD #MultipleTimeFrames #TradingMultipleTimeframes #besttimeframestotrade
#moneymarket #moneyadvice #gold #goldprice #outlook2020 #tradingtips #traders #tradingpsychology #trading #daytrading
#tradingeducation #tradeforex #mt4 #TRIPLEARROWSYSTEM #HOWTOTRADEFOREX #FOREX #tradingforex #trading #forexlifestyle
#MultipleTimeFrameSystem #tradingsignals #tradingstrategy #EarnMoney #HowtoMakeMoneyWithNoMoney #trading #daytrading #tradingeducation
submitted by ERVINGOLIVAS to u/ERVINGOLIVAS [link] [comments]

Trading Multiple Time Frames - Would Describe What We Are About Here. "Where Everyone Grows Together BRAND NEW TWE SYSTEM: https://youtu.be/wQVhM0yL6FM SUBSCRIBE IS FREE: https://www.youtube.com/channel/UCNFdoPdOcBfC7t5axkveeiw?sub_confirmation=1 #TEAMWITHERVING #BLACKLIVEMATTER #

Trading Multiple Time Frames - Would Describe What We Are About Here. "Where Everyone Grows Together
BRAND NEW TWE SYSTEM: https://youtu.be/wQVhM0yL6FM
SUBSCRIBE IS FREE: https://www.youtube.com/channel/UCNFdoPdOcBfC7t5axkveeiw?sub_confirmation=1

TEAMWITHERVING #BLACKLIVEMATTER #MultipleTimeFrames #XAUUSD #USDCHF #forextrading #forexanalysis #tradeforex

mt4 #TRIPLEARROWSYSTEM #HOWTOTRADEFOREX #FOREX #tradingforex #trading #forexlifestyle

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tradeforex #forextrader #moneymatters #tradingview #EURUSD

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submitted by ERVINGOLIVAS to u/ERVINGOLIVAS [link] [comments]

[Free] The Complete Day Trading Course - YouTube Playlist (New 2020)

Day Trading & Technical Analysis System For Intraday Trading Stocks, Forex, Crypto, Options Trading & Financial Trading
What you'll learn
Learn All The Charting Tools, Trading Strategies And Profitable Hacks For Day Trading With Real World Examples!
Dedicated Support from the Course Instructors and the Learning Community. 100% Questions Answered Within 24 Hours!
How to Build a Solid Strong Foundation For Day Trading
How to Use TradingView For Chart Analysis & Paper Trading
How to Choose The Best Chart Time Frames For Day Trading
How to Use Different Day Trading Order Types
How to Short Sell & Deal With Short Squeezes
How to Avoid Blowing Up Your Account
submitted by cardporbudspha to Trading [link] [comments]

[Moronic Monday] Week of Monday, July 11, 2016

Welcome to the Moronic Monday Weekly thread at /bitcoinmarkets!
This is a weekly thread where you can ask any basic questions related to bitcoin trading without shame or embarrassment.
Some rules:
Past Moronic Monday Threads - Link
submitted by AutoModerator to BitcoinMarkets [link] [comments]

Free professional level trading course (Videos hosted by myself / Altcoin Markets)

Hello everyone, I want to start by introducing myself.

Introduction: I'm c0tt0nc4ndyTA and I'm a day trader that's had great success in this field for many years. My path was to be an Architect; I spent 9 years in university studying computer sciences for the first 6 years, and then my masters in architecture for the remaining. During my studies I fell in love with day trading, and quickly let the student in me consume any book I could get my hands on while going on a shopping spree of online courses. For years I refined my talents and switched my career direction to day-trading. I focus mainly on Crypto Currencies as the ethos of Libertarianism aligns with my beliefs. This would consciously allow me to day-trade as a career.

My objective: I'm reaching out to communities to let them know I've started an online journey to train people for free. I want to take my years of knowledge and refinement to create a free course that give the new generation of traders a fighting chance at success, and the ability to learn the core mechanics of trading, which I believe function heavily in psychology and discipline.

Why Free?: I have a real problem with the training industry in it's current state. I've spent many thousands of dollars on my journey to becoming a professional. I've seen literally hundreds of courses, ads, websites, people on social media, or marketing spots trying to take advantage of people by offering something along the lines of this:
"I've taught thousands of people how to make millions of dollars and you can join my course for only $2,000" or " Want to be your own boss and make up to $2,500 a day? start here by taking my course and learning the best killer strategies for only $300.00 a month"
The amount of "pay to learn how to trade" material out there is staggering, and it has become the new way to angle shoot people for profits. Almost sort of a new age form of scamming. The funny part is most of these paid for courses or materials are a very poor form of trading, some rehash of fib levels, regurgitated strategies that simply don't work, or some form of "enter at C for insane mad easy guaranteed profits". It's pure crap, and there's not enough real training out there. In my time I have seen close friends, many acquaintances online and in person, and strangers fall into this trap of spending over $25,000.00 at times on these materials that simply don't work. They then lose money after spending absorbent amounts of money trying to learn to become a professional trader.

What do I expect?: Absolutely nothing. I do this to give people a fighting chance at learning institutional level trading. My content is 100% free, I devote a lot of my time every week to create a platform where people (beginners and advanced) can learn how to trade, and refine their skills. I upload three videos a week on youtube, I do live lessons in discord, I openly receive questions and feedback, and I post charts on trading view for people to get in on the same trades I'm already in on. I can't stress enough that this is free. There is no types of hidden memberships, paid bonuses, back-end dealings, pump and dumps of any kind, or anything even closely resembling me taking money for some type of service. The only thing I expect want is for people to tune in and learn!

Whose this for?: Everyone! It doesn't matter if you're a beginner, or an advanced trader. It doesn't matter if you trade the Forex, Crypto, Bonds, Derivatives, or other. This material will be applicable to you. I focus primarily on the crypto markets.

A quick example, what will I learn?: Here's a quick overview of the lesson plan that I upload 3 videos a week for.
Lesson 1: The FundamentalsLesson 2: Accumulation and distributionLesson 3: TargetsLesson 4: Levels (Supports and Resistances)
Lesson 5: MomentumLesson 6: PatternsLesson 7: TrendsLesson 8: Time FramesLesson 9: Fibonacci ToolsLesson 10: Live Trade 1
ADVANCED LEVEL
Lesson 11: Targets AdvancedLesson 12: Trend Starts and FinishesLesson 13: ExhaustionLesson 14: Advanced Support and ResistanceLesson 15: Advanced Levels Gained vs LostLesson 16: Advanced Levels 2 Touch, Rejection, Wicks, and ClosesLesson 17: Live Trade 2Lesson 18: Catching and Releasing falling knivesLesson 19: Day Trading as a CareerLesson 20: Entries and ExitsLesson 21: Moving AveragesLesson 22: Advanced Trends Valleys and PeaksLesson 23: Mechanical TradingLesson 24: Live Trade 3Lesson 25: Putting It All Together
PROFESSIONAL
Lesson 26: Level StrengthLesson 27: Dissecting The PsychologyLesson 28: Camouflaged LevelsLesson 29: The Disciplined TraderLesson 30: Planning The Trade To Perfection

You can find me as listed below. The training course is hosted on YouTube.
🎓 Course Via YOUTUBE https://www.youtube.com/channel/UChULbX89jjbCEDhGn56_yuw
🎓 Trading View https://www.tradingview.comc0tt0nc4ndyTA/
🎓 Twitter https://twitter.com/c0tt0nc4ndyTA
🎓 Discord Community https://discord.gg/4e2SjZe
TLDR: I'm offering free training here https://www.youtube.com/channel/UChULbX89jjbCEDhGn56_yuw why? Because paying for materials is a scam.
submitted by c0tt0nc4ndyTA to Daytrading [link] [comments]

Feedback on Trading System

I built a forex trading strategy recently for a friend, and wanted to share it / get some feedback on it, as most of the systems I build trade stocks and are more fundamental/macro based!
The system was inspired by this forexfactory post: https://www.forexfactory.com/showthread.php?t=343533 but I've made a few changes.
The Filter:
I didn't like the proposed TMA slope indicator as the calculation and cutoff values seemed too arbitrary to me, so I take the 5 bar ROC of an EMA and smooth it. I divide this value by its standard deviation to scale it for higher timeframe analysis. I take the value of this adjustedSlope at the 4H, 1D, 1W timeframes, and sumproduct them with weights of 40%, 30%, 30% to give a little more strength to recent movements. I call this the overallSlope (for future reference).
I describe the the market regime under these rules:
(overallSlope > overallSlope[1] and overallSlope > 0) = bullish
(overallSlope < overallSlope[1] and overallSlope < 0) = bearish
(overallSlope > overallSlope[1] and overallSlope < 0) = neutral
(overallSlope < overallSlope[1] and overallSlope > 0) = neutral
Just like the system from ForexFactory, only long trades can be taken if its bullish, only short trades can be taken if its bearish, and either trade can be taken if its neutral.
The Setup:
I believe this portion is identical to the original stated system. Take the 50 bar Triangular Moving Average on the 4H timeframe, where the UpperBand is TMA + (2.5 * H4ATR) and the LowerBand is TMA - (2.5 * H4ATR).
If the market regime is bullish/neutral and the price has traded below the Lower Band then we're setting up for a buy and vice versa with a bearish/neutral market regime and price trading above the Upper Band.
I'm considering switching this to Median Absolute Deviation Bands as I like using the modified Z Score but I'm unsure of applying it directly to a price series instead of indirectly through an indicator or factor, I assume the median isn't very effective due to the actual series drifting, where as its (more) static when applied to Earnings Yield or something.
The Trigger:
For the trigger I'm on the 1H TimeFrame using the MACD histogram crossing 0, but the MACD is based on the Jurik Moving Average instead of the standard. A couple years ago when I first started getting into programming and playing forex, the JMA was something I stumbled on and wrote up and I really like it, it's very effective and smoothing a series, allowing the use of shorter lookback values without the MA being too "jittery".
Exits:
On the losing side, at open a stop loss is placed at (2 * H4ATR) below(above) the low(high) if we're going Long(Short). I'm currently split between two exits on the profit side. Right now my current exit criteria for a hypothetical long position is a bearish MACD Histogram crossover while we are above the TMA (the "midline"). The other strategy I'm considering is half off at the midline and the other half off at the Upper Band, but I think this isn't great because it can reverse and hit the stop effectively nulling the trade.
Risk Management:
For the risk management of the system I'm using position sizes standardized to risk 3% of the account on each trade by calculating how far away the stop is, and scaling the # of units until $risk = AccVal * .03.
Additional Comments:
As of right now I only have it fully coded on TradingView and I've made sure to use open prices for everything to avoid? (not sure if this completely handles this issue, please let me know) lookahead bias and I'm in the process of translating my code into my backtesting system but a lot of what I've built is equity related so I have some work to do to get it running right for forex. In TradingView I have it plot the Entry, Stop, and two targets, and the background shifts based on if it's long/short/flat. https://imgur.com/a/A1UQi04

I look forward to any thoughts or comments y'all may have, thanks for reading!
submitted by ilovemygirlfriend69 to Forex [link] [comments]

Update of Last Week's Post About Wyckoff on EURAUD

Last week I posted this post predicting Wyckoff accumulation and a buy for EURAUD.
This is what happened this week.

The week started out with a solid move up of about 40-50 pips. I did not take that trade on a Sunday but did take this trade on the retracement off of the .71 fib level and support area that I had drawn. I targeted the -.618 fib. Although I predicted this to be a big moved up after accumulation of buys, I stuck to the fib trades that I am comfortable with for 70-75 pips and just watched how it responded afterward to learn.

It tapped the 1.58355 area that I had previously drawn and fell down to the key level of support that I had previously drawn.

As of now, I am just watching and learning. This sort of resembles a symmetrical triangle and although I don't trade shapes/patterns, especially at the end of the week on small time frames, the daily candles have a lot of wicks to the upside which would suggest selling pressure.

I don't see a trade on this pair currently, but looking at the weekly chart and a doji forming, I would predict a move up next week.
submitted by bhouse114 to Forex [link] [comments]

Free professional level trading course (Videos hosted by myself / Crypto Markets)

Hello everyone, I want to start by introducing myself.

Introduction: I'm c0tt0nc4ndyTA and I'm a day trader that's had great success in this field for many years. My path was to be an Architect; I spent 9 years in university studying computer sciences for the first 6 years, and then my masters in architecture for the remaining. During my studies I fell in love with day trading, and quickly let the student in me consume any book I could get my hands on while going on a shopping spree of online courses. For years I refined my talents and switched my career direction to day-trading. I focus mainly on Crypto Currencies as the ethos of Libertarianism aligns with my beliefs. This would consciously allow me to day-trade as a career.

My objective: I'm reaching out to communities to let them know I've started an online journey to train people for free. I want to take my years of knowledge and refinement to create a free course that give the new generation of traders a fighting chance at success, and the ability to learn the core mechanics of trading, which I believe function heavily in psychology and discipline.

Why Free?: I have a real problem with the training industry in it's current state. I've spent many thousands of dollars on my journey to becoming a professional. I've seen literally hundreds of courses, ads, websites, people on social media, or marketing spots trying to take advantage of people by offering something along the lines of this:
"I've taught thousands of people how to make millions of dollars and you can join my course for only $2,000" or " Want to be your own boss and make up to $2,500 a day? start here by taking my course and learning the best killer strategies for only $300.00 a month"
The amount of "pay to learn how to trade" material out there is staggering, and it has become the new way to angle shoot people for profits. Almost sort of a new age form of scamming. The funny part is most of these paid for courses or materials are a very poor form of trading, some rehash of fib levels, regurgitated strategies that simply don't work, or some form of "enter at C for insane mad easy guaranteed profits". It's pure crap, and there's not enough real training out there. In my time I have seen close friends, many acquaintances online and in person, and strangers fall into this trap of spending over $25,000.00 at times on these materials that simply don't work. They then lose money after spending absorbent amounts of money trying to learn to become a professional trader.

What do I expect?: Absolutely nothing. I do this to give people a fighting chance at learning institutional level trading. My content is 100% free, I devote a lot of my time every week to create a platform where people (beginners and advanced) can learn how to trade, and refine their skills. I upload three videos a week on youtube, I do live lessons in discord, I openly receive questions and feedback, and I post charts on trading view for people to get in on the same trades I'm already in on. I can't stress enough that this is free. There is no types of hidden memberships, paid bonuses, back-end dealings, pump and dumps of any kind, or anything even closely resembling me taking money for some type of service. The only thing I expect want is for people to tune in and learn!

Whose this for?: Everyone! It doesn't matter if you're a beginner, or an advanced trader. It doesn't matter if you trade the Forex, Crypto, Bonds, Derivatives, or other. This material will be applicable to you. I focus primarily on the crypto markets.

A quick example, what will I learn?: Here's a quick overview of the lesson plan that I upload 3 videos a week for.
Lesson 1: The FundamentalsLesson 2: Accumulation and distributionLesson 3: TargetsLesson 4: Levels (Supports and Resistances)
Lesson 5: MomentumLesson 6: PatternsLesson 7: TrendsLesson 8: Time FramesLesson 9: Fibonacci ToolsLesson 10: Live Trade 1
ADVANCED LEVEL
Lesson 11: Targets AdvancedLesson 12: Trend Starts and FinishesLesson 13: ExhaustionLesson 14: Advanced Support and ResistanceLesson 15: Advanced Levels Gained vs LostLesson 16: Advanced Levels 2 Touch, Rejection, Wicks, and ClosesLesson 17: Live Trade 2Lesson 18: Catching and Releasing falling knivesLesson 19: Day Trading as a CareerLesson 20: Entries and ExitsLesson 21: Moving AveragesLesson 22: Advanced Trends Valleys and PeaksLesson 23: Mechanical TradingLesson 24: Live Trade 3Lesson 25: Putting It All Together
PROFESSIONAL
Lesson 26: Level StrengthLesson 27: Dissecting The PsychologyLesson 28: Camouflaged LevelsLesson 29: The Disciplined TraderLesson 30: Planning The Trade To Perfection

You can find me as listed below. The training course is hosted on YouTube.

🎓 Course Via YOUTUBE https://www.youtube.com/channel/UChULbX89jjbCEDhGn56_yuw
🎓 Trading View https://www.tradingview.comc0tt0nc4ndyTA/
🎓 Twitter https://twitter.com/c0tt0nc4ndyTA
🎓 Discord Community https://discord.gg/4e2SjZe

TLDR: I'm offering free training here https://www.youtube.com/channel/UChULbX89jjbCEDhGn56_yuw why? Because paying for materials is a scam.
submitted by c0tt0nc4ndyTA to BitcoinCA [link] [comments]

How To Trade Multiple Time Frames (The Triple Screen ... Scalping Forex Using 3 minute time frame Tradingview The Best Time Frame To Trade Forex - YouTube Forex Trading For Beginners Time Frame Correlation What is THE BEST Time-Frame for Trading Forex?! - YouTube The Multi Time Frame RSI Indicator on TradingView by Rob ... Multiple Time Frame Trading Strategy - YouTube

Podemos ver no time-frame 4H e também no time-frame Diário, o preço a encaminhar-se para o pullback entre os niveis 0.618 e 0.71 Fib. Podemos esperar uma continuação da estrutura de descida com dois níveis importantes onde o preço pode vir atingir que é o -27% da Fib e o -61%. Temos que estar atentos ao price action para podemos ter uma boa entrada. STAY TUNE,... Hello Traders, This script can show (upto) 3 candles of another time frames without changing chart time frame realtime.You can choose the time frame and number of candles in the options. You have option to change body and wick colors as well. in this example number of candles is 2: Multiple Time Frame Analysis ist die Technik der Analyse von mehreren Zeitfenstern desselben Vermögenswertes, bevor man in einen Handel eintritt. Diese Art der Analyse wird am besten mit einem Top-Down-Ansatz durchgeführt, d.h. man beginnt mit einem höheren Zeitrahmen und arbeitet sich über mehrere niedrigere Zeiträume nach unten, bis der Ausführungszeitraum erreicht ist, in dem ein ... TradingView UK. Multiple Time Frame Analysis — Check out the trading ideas, strategies, opinions, analytics at absolutely no cost! Multiple Time Frame Analysis is the technique of analyzing several time frames of the same asset before entering a trade. This type of analysis is best done using a top-down approach, i.e. starting at a higher time frame and working your way down, via several lower time frames, until the execution time frame is reached where a trade could be entered. TradingView India. Multiple Time Frame Analysis — Check out the trading ideas, strategies, opinions, analytics at absolutely no cost! — Indicators and Signals GBPCHF reached a strong falling trendline. the price went rejected from that on 4H. on an hourly time frame, the pair has formed an ugly head and shoulders formation. 1.1852 is its neckline. I want to see an hourly violation of that to short. goal: 1.182 in case of a new higher high above the head on 1H, the setup will...

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How To Trade Multiple Time Frames (The Triple Screen ...

Get more information about IG US by visiting their website: https://www.ig.com/us/future-of-forex Get my trading strategies here: https://www.robbooker.com C... How to use multiple time frames to find better entries. Strategy for any market to find the trend and strong support resistance levels. Get buy and sell sign... Join our Trading Room where we discuss all things forex: https://bit.ly/2yjZmp4 What time-frame should I be trading on? I get this question all the time! Of ... Forex Trading For Beginners TradingView Chart Analysis Join Our Forex / Crypto Family 😎 2000 New Students Per Month.. ALL FREE!! Step 1: Check Out My New FREE Training. Please complete the ... The Best Time Frame To Trade Forex In this video Jay Wayne will show you The Best Time Frame To Trade Forex ..... In this video you’ll discover:• How to trade using multiple time frames on Forex, stock market or any other financial market• How to use multiple time frames in... Multi Time Frame Trading Strategy - Duration: 25:09. Trade Vision 570 ... 5min scalping strategy on Tradingview USD/JPY & EUR/USD Forex Trading - Duration: 18:46. Kou Success Lee FX 8,753 views ...

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