🔹BE
Neither a loss nor a win,you will close entry at the same level as initial entry
🔹Consolidation🔹
Price is moving in a sideways range. It is a normal pattern from which it can break up or down though continuation of a trend is favoured
🔹CVD - Cumulative volume delta🔹
It is the running total of delta. CVD is adding and removing delta together – transactions occurring on the ask (buy) are added to the total, and those occurring on the bid (sell) are subtracted from the cumulative total
🔹Delta🔹
Delta is a sum of aggressive trades. It shows us who was in control during that candle. To calculate the delta of a price we subtract the sells from the buys. Delta is either positive or negative.it helps us confirm the breakout instantly.
🔹dVAH - Daily value area high🔹
🔹dVAL - Daily value area low🔹
🔹dPOC - Daily point of control🔹
🔹Downtrend🔹
A downtrend is a series of lower highs and lower lows
🔹Day Trading🔹
The practice of entering and exiting trades within a single day
🔹MA - Moving average🔹
Moving average is a lagging indicator because it is calculated from past prices. It can help identify trend direction and can act as a support or resistance
🔹MS - Market structure🔹
Market structure is a support and resistance levels on the charts, swing highs and swing lows. These levels we can identify easily. It is a trend following tool that traders read and follow based on how the asset moves. It can be bullish or bearish
🔹Naked POC🔹
You can expect bounce from Naked POC when approached it for the first time as there is untapped liquidity, look for other confluence to improve your odds of winning
🔹POC - Point of control🔹
The price at which the largest trading volume has been made over a period of time. It is a is big horizontal S/R line.
🔹Swing trading🔹
A style of trading where swing traders hold their position for some days or even weeks. Swing traders goal is to identify an overall trend and capture bigger gains on the move
🔹Scalp trade🔹
A trading style that specialises in profiting off small price changes in a short period of time. It requires discipline and focus and good knowledge of Technical Analysis
🔹SFP - Swing failure pattern🔹
Price takes out the high and closes back below the high OR price takes out the low and closes back above the low
🔹S/R - Support/resistance🔹
A price area where price finds enough demand to bounce or reverse = support. A price area where there is a lot of supply and price finds it difficult to break through = resistance. The more times they are tested the weaker they become.
🔹SL - Stop loss🔹
A stop loss order is placed to buy or sell an asset when the asset reaches a certain price to close a losing position. Please use SL, ALWAYS
🔹TP - Take profit🔹
Take profit is an order that you place to (you can do partial TP) close your position once it reaches a certain level of profit. One can have multiple TP points
🔹Trend🔹
The general direction of a market or asset’s price, essentially, momentum
🔹Uptrend🔹
An uptrend is a series of higher highs and higher lows
🔹VAH - Value area high🔹
Value area high is the highest price in the value area that is marked on the chart. It acts as a resistance when the price ranges within the range
🔹VAL - Value area low🔹
Value area low is the lowest price in the value area that is marked on the chart. It acts as a support when the price ranges within the range
Neither a loss nor a win,you will close entry at the same level as initial entry
🔹Consolidation🔹
Price is moving in a sideways range. It is a normal pattern from which it can break up or down though continuation of a trend is favoured
🔹CVD - Cumulative volume delta🔹
It is the running total of delta. CVD is adding and removing delta together – transactions occurring on the ask (buy) are added to the total, and those occurring on the bid (sell) are subtracted from the cumulative total
🔹Delta🔹
Delta is a sum of aggressive trades. It shows us who was in control during that candle. To calculate the delta of a price we subtract the sells from the buys. Delta is either positive or negative.it helps us confirm the breakout instantly.
🔹dVAH - Daily value area high🔹
🔹dVAL - Daily value area low🔹
🔹dPOC - Daily point of control🔹
🔹Downtrend🔹
A downtrend is a series of lower highs and lower lows
🔹Day Trading🔹
The practice of entering and exiting trades within a single day
🔹MA - Moving average🔹
Moving average is a lagging indicator because it is calculated from past prices. It can help identify trend direction and can act as a support or resistance
🔹MS - Market structure🔹
Market structure is a support and resistance levels on the charts, swing highs and swing lows. These levels we can identify easily. It is a trend following tool that traders read and follow based on how the asset moves. It can be bullish or bearish
🔹Naked POC🔹
You can expect bounce from Naked POC when approached it for the first time as there is untapped liquidity, look for other confluence to improve your odds of winning
🔹POC - Point of control🔹
The price at which the largest trading volume has been made over a period of time. It is a is big horizontal S/R line.
🔹Swing trading🔹
A style of trading where swing traders hold their position for some days or even weeks. Swing traders goal is to identify an overall trend and capture bigger gains on the move
🔹Scalp trade🔹
A trading style that specialises in profiting off small price changes in a short period of time. It requires discipline and focus and good knowledge of Technical Analysis
🔹SFP - Swing failure pattern🔹
Price takes out the high and closes back below the high OR price takes out the low and closes back above the low
🔹S/R - Support/resistance🔹
A price area where price finds enough demand to bounce or reverse = support. A price area where there is a lot of supply and price finds it difficult to break through = resistance. The more times they are tested the weaker they become.
🔹SL - Stop loss🔹
A stop loss order is placed to buy or sell an asset when the asset reaches a certain price to close a losing position. Please use SL, ALWAYS
🔹TP - Take profit🔹
Take profit is an order that you place to (you can do partial TP) close your position once it reaches a certain level of profit. One can have multiple TP points
🔹Trend🔹
The general direction of a market or asset’s price, essentially, momentum
🔹Uptrend🔹
An uptrend is a series of higher highs and higher lows
🔹VAH - Value area high🔹
Value area high is the highest price in the value area that is marked on the chart. It acts as a resistance when the price ranges within the range
🔹VAL - Value area low🔹
Value area low is the lowest price in the value area that is marked on the chart. It acts as a support when the price ranges within the range
