Posts

Strategy Guide to Trading the Double Top/Bottom Reversal Chart Pattern

The double top and double bottom pattern is one of the most common chart reversal patterns, which can help you identify major market tops & bottoms.

In this video tutorial, I share 3 practical trading strategies you can use to profit from this pattern, and also some of the common “textbook” mistakes that new traders make when trying to tackle this chart pattern.

Enjoy the video! 😀

A Quick Guide to Using TradingView Charting Software

One of the questions that a lot of traders have been asking me is recommendations for trading software, more specifically what charting software I am using.

Hence, in this video I am going to do a quick guide on TradingView, one of the most popular charting software that most traders are using at this point of time.

If you are totally new to this, this video tutorial will save you a lot of trial-and-error, by focusing on the essential features of this software.

Enjoy the video! 😀

How to Compare Relative Strength of Currencies

As a swing trader, I usually monitor 20-30 different currency pairs, and one biggest challenge is deciding which is the best pair to trade at any point of time.

In this instance, the concept of relative strength plays a big role, by helping me compare the strength and momentum of each currency against every other currency to find the pair with the largest potential moves.

And by putting all these together, instead of having to manually plough through 20-30 currency pairs, I can narrow down my work to 5-10 minutes of analysis.

Enjoy the video! 😀

How to Trade Predictive Price Patterns

Have you noticed that there are certain patterns or formations that keep recurring on the charts? And did you notice that these patterns have some sort of predictive value?

For example, the presence of certain patterns tend to tilt the odds of bullishness or bearishness, which means that if you can correctly identify these patterns, they will give you a big edge in your analysis.

These patterns mainly fall into 2 categories – reversal patterns and continuation patterns. In this video, I go through all the different patterns and the significance of each one.

Enjoy the video! 😀

How to Identify Market Trends with Swing Counts

In my last video, I talked about the 3 main market trends that are in the market – uptrend, downtrend, and sideways market. In trading, it is very important to know the trend because trading in the direction of the trend gives you the best odds of profitable trades.

In this video, I share about Swing Counts — one of the most common techniques used by traders (including professionals) to identify the market trend and differentiate between the 3 main market trends.

Knowing this technique is important because it gives you a simple and objective way to not only identify the current trend, but also to spot when the trend is changing direction.

Enjoy the video! 😀