#trading setups
#trendanalysis
Rectify your trading signals with these simple analysis.
》Always look the broader picture like in the sense, considering all different time frame trader's prespective and their demand supply zones.
📊 look for the multiple time frame analysis.*
#trendanalysis
Rectify your trading signals with these simple analysis.
》Always look the broader picture like in the sense, considering all different time frame trader's prespective and their demand supply zones.
📊 look for the multiple time frame analysis.*
📊 How to use price action setup with INDICATORS?
👆 Follow the above setup that might be useful for a legitimate entry for short term trading.
1. Draw the trend line with most obvious touches and most number of candles.
2. Find the support- resistance levels.(area of value).
3.Determine the trend direction and its strength.
4. See at the support- resistance levels is there a buying or selling pressure. (Candlesticks patterns.)
5.Confirm and predict with any legitimate indicator that you use for your trading frequency. (For short term traders- stochastic oscillator.)
📈 Accordingly enter the trade buy or short with risk management.
👆 Above is an example for a SHORT TRADE SETUP.
#tradingstrategy #trendanalysis #Stochastic #priceaction
👆 Follow the above setup that might be useful for a legitimate entry for short term trading.
1. Draw the trend line with most obvious touches and most number of candles.
2. Find the support- resistance levels.(area of value).
3.Determine the trend direction and its strength.
4. See at the support- resistance levels is there a buying or selling pressure. (Candlesticks patterns.)
5.Confirm and predict with any legitimate indicator that you use for your trading frequency. (For short term traders- stochastic oscillator.)
📈 Accordingly enter the trade buy or short with risk management.
👆 Above is an example for a SHORT TRADE SETUP.
#tradingstrategy #trendanalysis #Stochastic #priceaction
#Priceactiontrading
#TRENDANALYSIS
▪︎Important concepts of price action trading.
SUPPORT | RESISTANCE | TRENDLINE | CANDLESTICK PATTERNS | CHART PATTERNS
▪︎After analysing the trend one should apply the above price action principles and decide the buying/selling pressure at key levels by volume participation or candlestick formations.
▪︎The above setup should be used to confirm with confluence to the indicators and generate obvious trading signals.
#TRENDANALYSIS
▪︎Important concepts of price action trading.
SUPPORT | RESISTANCE | TRENDLINE | CANDLESTICK PATTERNS | CHART PATTERNS
▪︎After analysing the trend one should apply the above price action principles and decide the buying/selling pressure at key levels by volume participation or candlestick formations.
▪︎The above setup should be used to confirm with confluence to the indicators and generate obvious trading signals.
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👆SIMPLE STEPS FOR ANALYSING A TREND.
CONFORMATIONS OF A TRADE YOU CAN TAKE.
#priceaction
#trendanalysis
CONFORMATIONS OF A TRADE YOU CAN TAKE.
#priceaction
#trendanalysis
✨Trading setup for Novice traders and things to keep in mind befor initiating your trades.
▪︎Identify the trend and its support/ resistance levels.
▪︎Confirm with a significant signal generated by indicators you use.
▪︎ Manage your risk and let the trade win.
#technicalanalysis
#trendanalysis
#tradingstrategies
#riskmanagement
▪︎Identify the trend and its support/ resistance levels.
▪︎Confirm with a significant signal generated by indicators you use.
▪︎ Manage your risk and let the trade win.
#technicalanalysis
#trendanalysis
#tradingstrategies
#riskmanagement
HOW TO FIND A TRADE FROM SCRATCH? (without using any indicator)
● Identify the MARKET STRUCTURE(trend) and wait for the BREAKOUT.( HH-HL or LH-LL)
● Find the Key SUPPORT/ RESISTANCE levels for an entry trigger.
● Use FIBONNACI RETRACEMENT tool to identify the key support/ resistance levels with buying/selling pressure.
● Wait for the retracement trigger (usually 0.38, 0.5 or 0.61) and then enter.
>> Lesser the retracement ( counter-trend), more significant the target will be.
● Enter with a good risk-reward of 1:2,1:3...
#trendanalysis
#supportresistance
#fibbonaci
#riskmanagement
● Identify the MARKET STRUCTURE(trend) and wait for the BREAKOUT.( HH-HL or LH-LL)
● Find the Key SUPPORT/ RESISTANCE levels for an entry trigger.
● Use FIBONNACI RETRACEMENT tool to identify the key support/ resistance levels with buying/selling pressure.
● Wait for the retracement trigger (usually 0.38, 0.5 or 0.61) and then enter.
>> Lesser the retracement ( counter-trend), more significant the target will be.
● Enter with a good risk-reward of 1:2,1:3...
#trendanalysis
#supportresistance
#fibbonaci
#riskmanagement
How to use Fibonacci TOOL for entry?
● Identify the market structure - the trend.
● Wait for the breakout.
● Let the price retrace, Use Fibonacci retracement tool for entry trigger.
● Enter with a significant risk-reward of 1:2,1:3...
#fibonacci #trendanalysis #tradingstrategy
● Identify the market structure - the trend.
● Wait for the breakout.
● Let the price retrace, Use Fibonacci retracement tool for entry trigger.
● Enter with a significant risk-reward of 1:2,1:3...
#fibonacci #trendanalysis #tradingstrategy