Chaikin Money Flow (C.M.F.)
Chaikin Money Flow (C.M.F.) is a technical analysis indicator used to measure Money Flow Volume over a set period of time. Money Flow Volume is a metric used to measure the buying and selling pressure of a security for single period. C.M.F. then sums Money Flow Volume over a user determined look-back period. Any look-back...
THE BULLISH IMPULSE LEG
A bullish impulse leg is a strong move in price action to the upside.
The impulse leg can be a mixture of bullish and bearish candles, but must have a bullish overall direction.
The start of the impulse leg should be marked as X and the top of the impulse leg should be marked as A.
B LEG RETRACEMENT
Now that you...
In my previous chart of EURUSD, you will find lots of details explaining why I am anticipating a new bearish cycle in which the wave 4 (in circle) was about completed and wave 5 (in circle) was about to commence. There are lots of additional charts in comment section to help validate longer term view. This chart is linked below for your reference.
We did not...
We are only in the early phase of step 2...
Can you see it? Markets are governed by fundamentals and psychology.
Crypto fundamentals are non-existant, hence it all makes sense, they are fully governed by psychology.
Does not matter if we go up or down, it's all the same.
And the exact same people that were in disbelief in the early stages of it going up are now...
General RSI Indicators applied to the ETCBTC D chart (where present). This helped me in taking in the lesson below from Crypto Cred.
I hope others find it useful.
Source Used: Thanks Crypto Cred!!
Contents of Video:
1) How I approach looking for a Bearish and Bullish outcome on my trades
2) Identifying actual trade triggers that make me take one side over the other
3) How you can easily switch from being a bear to a bull and vice versa
4) Go back on your losing trades!! Spot the reversal patterns that caused you to get stopped out. Apply this hindsight to...
I have been trading in crypto since November 2016 . Seen many shit coins , seen many big pumps and epic dumps.
Made money , Lost money. However, I always focused to improve myself. Started to share my knowledge on trading view since October 2018.
I read 10+ trading books from Jesse Livermore to Jack Schwager, I examined stock tables, I inspected thousands of...
Market develops in FRACTALS.
Understanding how each timeframe is developing is important in timing our trade entries. When we decide to take any trade, we now have a better understanding and expectation of our trades.
1) Find an example where the two timeframes' bias are aligned.
2) Find another example where the two timeframes' bias are...
Understanding the definitions. Here they are, well this is my own definition, but look into any book it will be quite similar.
I will post examples to show why that makes sense.
First, this applies to anything that has enough participants, and enough market cap. I do not have an exact number, but if something is not public or next to impossible to trade kind of...
Cryptorhythms team back again & hoping everyone is doing well in their trading endeavors!
Here an example of how to use the Crypto-Sticks Chande Momentum Oscillator for trading signals. I also plotted this range's signals the indicator would've generated.
The signaling system for this indicator works quite well. Wicks do not count as an try point (unless you...
A Head and Shoulders Pattern is a chart formation that resembles a baseline with three peaks,the outside two are close in height and the middle is highest
In TA this pattern it s essential to predict when a bullish trend will be changed to bearish
This Head and shoulders pattern appear when:
After long term bullish trend the price rises to a peak and after...
I don't disagree with the notion that right now we are set up almost identical to the market in 2014. I don't disagree that we probably have a while longer before we see a bull run. But I am pretty confident we aren't going to see 2+ years of bear market and I don't think we will see a 2+ years of bull market after. I think what we are experiencing is the final...
it is a long time we don't send anything.
and now as we can see on the chart there is the DXY and we think it will be bearish. and this it will help us to know about other currency's as EURUSD it will be bullish.
Identifying a Right-Angled Broadening Wedge
Right-Angled Broadening Wedges come in two varieties, ascending and descending. They consist of a horizontal trend line and a sloping trendline.
The Ascending Right-Angled Broadening Wedges (ARABW) have an ascending trendline above the horizontal trendline with price action in between.
The Descending Right-Angled...
Daily candlestick failed to break and close above previous 3-months high. Daily bullish candle close around 97.5 price area may lead the price to go low around 96.75 price area and previous daily low during NFP later this night.
Analysis solely based on technical, no fundamental involved.
After quite a drop we're now seeing a ascending triangle formed.
Since I find the 'textbook" ascending triangles not very clear (some say it is a continuation pattern, some say reversal)
To start learning more about this pattern I'm going to publish it here so I can find it back later on.
Give me some feedback about what you think this pattern would do after the...