Intermediate to Advanced Q&A Session

Indicators, Moving Averages, Support and Resistance Levels, Fibonacci, Setups, Entries, Exits, Stops*, Market Events, News, and Trading Psychology are all covered in this course’s over 4 hours of comprehensive Q&A. This rigorous course was not to be missed!

Covered Topics and Tips

2 pullback and bar break trades

2 bar traditional setup

Use of 20 MA – prefer 15min chart

Accepting and exiting a lost trade

The ADX indication

Paralysis by analysis

Broadband and reception in different countries

Buy resistance and sell support (Trend)

Capital to be put at risk in trading

Markets for cash vs. futures (crazy/stock research)

Lines that go through channels

Why not use additional chart patterns?

Lower time frame charts

Trading on a one-minute chart (does not use)

The bar is closed for business.

Zones of congestion

Daily graph

Divergences

Do not exchange situations and money management.

McGee and Edwards

The Elliot wave

Fibanocci

Wait for the bar to shut before trading with a fish hook.

Failures, a fish hook, and a bent finger (counter trend)

Filling in the blanks

Speedlines with a high likelihood and 20 MA

Averages of movement

Priority Pivot Points

The bulk of the time, pivot points – R2 levels

Price action, economic reports, and premarket analysis

Price Action in Comparison to Others (Relative importance)

Price has memory.

Scaling losses and trades

Configure hit list – System check

Setup caliber (Science vs Art of trading)

Slippage

Speedlines

Stops and incorrect entries

Stops, chat rooms, and their applications

Support and opposition levels (profit and exits)

Pullbacks and trending trades

VIX, as well as entry and exit points

Day trading technical analysis

How to Understand Technical Analysis: Discover Technical Analysis

In finance, technical analysis is a system for anticipating price direction based on prior market data, particularly price and volume.
Many of the instruments used in behavioral economics and quantitative analysis are also used in technical analysis, which, as a part of active management, contradicts much of contemporary portfolio theory.
The efficient-market theory, which claims that stock market prices are inherently unpredictable, challenges the usefulness of both technical and fundamental analysis.