Ⓜ Your challenge to go from novice to pro: technicalanalysisinstitute.com/mastery
@JoelCabanero Жыл бұрын
I tried to use this yesterday for the very first time and i won the trade then this morning i used it again and boom! same result i won the trade again! Thank you for this very valuable knowledge.
@TechnicalAnalysisInstitute Жыл бұрын
Fabulous! That's fantastic to hear! Remember, while it's great to have initial success, always remain disciplined and continue to study and practice. Thank you so much for sharing. Keep up the great work and happy trading!
@guerrerosdigitales4 ай бұрын
Can you please share your experience now that is 9 months later?
@imurhandyman Жыл бұрын
0:00:00 INTRO 0:00:30 WHAT IS A MOVING AVERAGE (MA)? 0:01:15 DIFFERENT MA CALCULATIONS. WHY & HOW... 0:03:45 HOW TO USE 0:04:55 IDENTIFYING THE TREND 0:08:00 THE THREE C's... CONFIDENCE, CALMNESS, CERTAINTY... (ADD ON TRADES HOFFMAN RETRACE BAR) 0:08:35 USING THESE PRINCIPLES TO TRADE SHORTER TERM 0:09:55 ADVERTISMENT 0:10:35 TRADING RULES OF ENGAGEMENT... SHORT TERM MA's 0:12:20 EXAMPLE 0:16:50 SCALPING THE M3 CHART 0:18:30 APPLY!!! BACKTEST!!!!
@vertigo28946 ай бұрын
There is a contradiction there. One instruction is to check after two closes are made below the moving average, whether ANY of the two closes are below any of the two previous relative lows and another instruction says, to only compare the SECOND close below the SMA to any of the two previous relative lows. Please clarify. Thank you.
@rely7318 Жыл бұрын
I am already in a year of self studying forex trading. This lesson is really a big help. It’s my first time viewing clear explanation on using moving ave. Thanks a lot for the upload. You are a blessing to us who self study. Thank you. Thank you. Thank you.
@TechnicalAnalysisInstitute Жыл бұрын
I'm truly humbled by your kind words! It's rewarding to know that our content is assisting dedicated learners like you. Keep up the self-study, and always feel free to reach out if you have questions. Remember, every great trader was once a beginner. Thank you for being a part of our community!
@bradw7688 Жыл бұрын
Trade the /NQ, the Nasdaq 2 hours after the market open.
@ongcs4831 Жыл бұрын
The use of 30-Simple MA reminds me of similar strategy by Stan Weinstein in his classic book "Secrets for Profiting in Bull or Bear Markets" that uses 30-Weighted MA. What I appreciated most from your video is the "EXIT STRATEGY". Thank you for sharing this simple yet effective strategy!
@TechnicalAnalysisInstitute Жыл бұрын
I'm glad you noticed the similarity! Stan Weinstein's work is indeed a classic in the trading world. It's essential to have both entry and exit strategies in place for consistent trading success. I'm thrilled you found value in our exit strategy. Thanks for watching and sharing your insights!
@investisseur101 Жыл бұрын
Its my strategy also using the SMA 30 according to Weinstein..and.also i use the MaCd. I found a special setup who work anytime
@TechnicalAnalysisInstitute Жыл бұрын
@@investisseur101 Congratulations on finding a strategy that works consistently for you! It's great to hear about your success with the SMA 30 and MACD combination. Stick with what works for you and keep up the good work! In trading we only need one thing that produces money. You found yours! Congrats!
@tomylijones9267Ай бұрын
Hello there. I'm just wondering, why on the video you are using WMA instead of SMA? So basically you are talking about SMA but as an example in the video you are using WMA. e@@TechnicalAnalysisInstitute
@tomylijones9267Ай бұрын
@@TechnicalAnalysisInstituteby the way it's a great video. I like the way you talk, you sound like Donald Trump who is going to win today !!!
@SW-sb5mh8 ай бұрын
I am a day trader....That was exactly what I was looking for....an Entry, Add, and Exit strategy that makes sense. I have been trading for a few years and have tried a lot of different things to put it all together...wow, this strategy is awesome...new traders don't get intimidated on the Exit rules it's easier than it looks at first. I have been using with marking the high/low of the 1st bar on the 3 min. Can play off of those with the 30sma. All the best traders short term use "price action"...that is what is so sweet about this system...you are too. Thanks again for taking the time to make available.
@TechnicalAnalysisInstitute8 ай бұрын
Thank you for your wonderful and inspiring comment. I do hope this strategy makes you a lot of money. I look forward to hearing from you again sharing your results. Thank you for your kind feedback!
@JimHernandez-l6m8 күн бұрын
On your scalping strategy, You showed closing the trade at the high on the chart at 112.9 instead of using your 2 previous low rule which would have been a significantly lower at around 112.7 which would have cut your gains in half. On the other hand, I have been waiting for someone to post a video showing the use of only one moving average buy and sell indicator using an exit strategy which makes sense. I have been trading single moving average buys and sells for 5 years and doing very well. Very good video and Thank you!
@TechnicalAnalysisInstitute8 күн бұрын
When you scalp you need to take whatever the market wants to give you. It would not make much sense to wait for the exit signal.
@FINEFELINE333 Жыл бұрын
There is true genius is simplicity and this approach has it. A very nice strategy for getting in, staying in and adding to the trade. Many thanks for sharing.
@TechnicalAnalysisInstitute Жыл бұрын
Thank you so much for your kind words! I wholeheartedly believe in keeping things simple yet effective in trading. I'm thrilled to hear that you found value in this approach. Best wishes in your trading journey!
@BWater-yq3jx7 ай бұрын
12:03 The latter is that the close is ABOVE the last lows. So in this case... Former - exit Latter - stay long A diagram at the same time would've helped, though you did it later. But it is a good tip. 👍
@TechnicalAnalysisInstitute7 ай бұрын
Thank you for your feedback. For some traders who are not adept in recognizing the trend, it may be a lot more than a good tip though; it can be a complete trading methodology. Personally, I prefer to recognize the trend first and apply this strategy thereafter.
@EDP2500 Жыл бұрын
Thank you, sir. I have explored a lot of channels and you are the best I have ever seen. As a professor, you put it concisely and methodically.
@TechnicalAnalysisInstitute Жыл бұрын
Thank you so much for your kind and encouraging words! It's truly gratifying to hear that our channel has stood out to you in your exploration of this field. As a professor, my aim is always to present information in a clear, concise, and methodical manner, and I'm delighted to know that this approach resonates with you. Your feedback is greatly appreciated and motivates us to continue delivering high-quality content. If there are any specific topics or areas you're interested in learning more about, please feel free to let us know. We're here to support your learning journey! Thank you once again for your support and for choosing our channel as a resource.
@EDP2500 Жыл бұрын
@@TechnicalAnalysisInstitute I gotta hand it to you. You totally deserve it, sir!
@FB_LMN10 ай бұрын
Fantastic channel and amazing delivery of the concept… I’m glad I stumbled upon your channel. You should have way more visibility. Your videos are treasure! Thanks for passing along this expertise!
@TechnicalAnalysisInstitute10 ай бұрын
Thank you so much for your kind words and encouragement!Your support helps increase our visibility and reach more people. Thanks again for being part of our growing community
@basukiongko237 Жыл бұрын
Great, thank you Prof .... next video should be about the exit point
@TechnicalAnalysisInstitute Жыл бұрын
Thank you for your comment! Regarding the exit point, I've actually covered it in the video. It's identified as the point where prices close below the MA and the second close is lower than the 2 relative lows. I recommend watching that section again for clarity. And thanks for the suggestion on the next video topic, it's always great to hear what viewers are interested in!
@rajeshsampath694910 ай бұрын
Thanks for this excellent content. In this video only buy setup is explained. Is this strategy applicable only for LONG Trades ? Ideally the opposite conditions are applicable for SHORT Trades. Kinldy conifrm my understanding.
@TechnicalAnalysisInstitute10 ай бұрын
Yes, correct! Thank you for your feedback!
@jcsoler993 ай бұрын
So far I have only watch this video and I am completely impressed. Love it!
@TechnicalAnalysisInstitute3 ай бұрын
Glad you enjoy it!
@davide2008 Жыл бұрын
perdonate l'ignoranza ma é valida solo per segnali buy? grazie infinite
@TechnicalAnalysisInstitute Жыл бұрын
Please don't worry about any perceived ignorance; asking questions is a great way to learn. Technical analysis is indeed a universal tool; it's applicable not only for 'buy' signals but also for 'sell' signals. Furthermore, it can be effectively used across various types of securities, including stocks, bonds, commodities, and even cryptocurrencies. Thank you for your question!
@ngocbao5923 Жыл бұрын
Thanks!
@TechnicalAnalysisInstitute Жыл бұрын
Wow, thank you so much for your generous donation! Your support truly means the world to me, and it helps keep the channel going. I'm so glad you're finding value in the content. If there's anything specific you'd like to see more of, please let me know. Your input is invaluable. Thanks again for being such an amazing part of our community!
@galenath11 ай бұрын
The video I just watched, the explanation is easy to understand for beginners like me who are learning in the nfc community
@TechnicalAnalysisInstitute11 ай бұрын
Great to hear! I am not familiar with the NFC community, but wish you well in your learning process.
@avinashmirajkar769 Жыл бұрын
This is an incredible strategy. It has turned my losses into profits. Thank you very much. Can please help in identifying in continuation of trend.
@TechnicalAnalysisInstitute Жыл бұрын
You're very welcome! I'm thrilled to hear that the strategy has been so effective for you, transforming your losses into profits. Remember, consistency and continual learning are key in trading. Please make sure to watch the second video we posted on Moving Averages. It may help you further: Here's the link: kzbin.info/www/bejne/gn6bqIynatOir5Y Your success and feedback are what motivate us to keep providing valuable content. Happy trading! 📈
@mahendrashah90972 ай бұрын
Hello sir....just happened to see your video & realised how lucky to get to see such simple but valuable content from you. My sincere thanks to you ! I will surely apply this knowledge in my future trading journey.
@TechnicalAnalysisInstitute2 ай бұрын
So nice of you to say. I'm extremely pleased to know our content has been helpful to you. I hope your trading moves at least to the next level and you're able to generate plenty of profits. Many thanks!
@lorifoto Жыл бұрын
What a clever, elegant way to approach the market using Moving Averages. Thank you Professor!
@TechnicalAnalysisInstitute Жыл бұрын
I'm glad you found it useful. I thank YOU for your kind feedback.
@connectedtosource4338 Жыл бұрын
Thank you for sharing your valuable knowledge and explaining so well! I have used a similar strategy with 8 and 21EMA, combined with Price and Volume analysis. Very similar but I love the simplicity of the 30 WMA and have added it to my charts. Much appreciated and you have a new subscriber here.
@TechnicalAnalysisInstitute Жыл бұрын
Absolutely delighted to hear that you've found value in our content! It's always great to know that fellow traders can adapt and integrate new techniques into their existing strategies. Welcome to our community, and I'm looking forward to sharing more insights with you. Happy trading!
@japanluv3 ай бұрын
Hi, what time frame are you trading? Are you scalping by any chance?
@abhidesai2261 Жыл бұрын
This strategy only for buy? Can I use for selling?
@myultrasound7619 Жыл бұрын
Very good content sir. I have used the same approach for years however I use the 34 weighted instead. The two candle comparative analysis to the left was an interesting concept I will back test. I use more advance method to stay in trades but this is a great addition. Thank you for your time to put this together.
@TechnicalAnalysisInstitute Жыл бұрын
Thank you so much for your feedback! It's great to hear from someone who has been using a similar approach. The 34 weighted moving average is certainly another effective tool, and I'm glad to see that experienced traders like you are open to exploring new methods and concepts. The two-candle comparative analysis is something that has worked well for many, and I'm keen to hear how your backtesting goes. Always exciting to add another tool or perspective to our trading arsenal! I appreciate your acknowledgment of the effort put into creating this content. It's always fulfilling to know that it adds value to the community. Please keep sharing your insights and experiences; it enriches the learning for everyone. Warm regards, Aldo
@nageswararaoch4592 Жыл бұрын
@@TechnicalAnalysisInstitute very apt response
@maxengineersandtraders231 Жыл бұрын
Have you tried 50 WMA instead of 34? I feel this is better as it works as Support and resistance
@raphaelmarkson8102 Жыл бұрын
How was your result backtesting this strategy ?
@sA-dn3qy Жыл бұрын
How do you set tp . Thanks
@MarlamChannel11 ай бұрын
Good Sharing, Thank You Sir
@TechnicalAnalysisInstitute11 ай бұрын
My pleasure! I hope you can benefit from all the videos presented in our channel. Good luck and Happy Trading!
@MarlamChannel11 ай бұрын
Thank you sir
@willhobbs9437 Жыл бұрын
that was a great simple strategy, thanks for sharing
@TechnicalAnalysisInstitute Жыл бұрын
Thank you for your feedback! I'm glad you found value in the strategy. Remember, sometimes simplicity is the key in trading. Stay tuned for more insights and strategies. Happy trading!
@vertigo28946 ай бұрын
There is a contradiction there. One instruction is to check after two closes are made below the moving average, whether ANY of the two closes are below any of the two previous relative lows and another instruction says, to only compare the SECOND close below the SMA to any of the two previous relative lows. Please clarify.
@godfreyrinoona13615 ай бұрын
Second relative low is your stoploss
@MrDee-cc3nn Жыл бұрын
Sir, it is a really good and simple technique to enter the trade. moreover, your teaching style is very humble and polite. I am impressed and subscribed to your channel because you are really a genius.
@TechnicalAnalysisInstitute Жыл бұрын
Thank you so much for your kind words! I'm genuinely pleased to hear that you find value in the techniques shared and appreciate my teaching style. Your support means a lot, and I'm honored to have you as a subscriber. Let's continue this journey of learning and trading together. All the best in your trading endeavors!
@amitkp6957 Жыл бұрын
So when the low has gone below the 2 previous relative lows........the you enter a short trade i.e. close the long n go reverse. That will be pretty late into the game. If not then, what are the entry rules for the trade #2 i.e. reverse trade.
@thousandlocks325811 ай бұрын
Do you have that demonstration in candlestick form?
@OscarCarlosSchult Жыл бұрын
Hi. Very interesting. Does it work all the way around for shorts as well?
@TechnicalAnalysisInstitute Жыл бұрын
Yes, indeed! To my knowledge there's only one indicator that works in one direction, that's the original Coppock. Other than that all examples of any strategy we teach works in both directions indistinctly. Happy trading!
@watkinsme462910 ай бұрын
Nice strategy, straight forward thanks !!
@TechnicalAnalysisInstitute10 ай бұрын
Thank you for your kind comment and feedback. Indeed, the strategy is simple and extremely effective.
@gurmeetsingh-cq6br Жыл бұрын
Great knowledgeable , totally enjoyed.
@TechnicalAnalysisInstitute Жыл бұрын
I'm thrilled to hear you enjoyed the content and found it informative! If you have any more questions or topics you're curious about, feel free to reach out. Happy trading!
@TheCreatorAndWorldPoliti-jw4nv6 ай бұрын
Great Video. Wll join your training soon. All the best.
@TechnicalAnalysisInstitute6 ай бұрын
Glad you found the video useful. We look forward to welcome you in our program! Thank you for the feedback!
@siddharthshah8824 Жыл бұрын
Hello sir. Simple yet amazing. But may I request you to create the same strategy using the traditional Japanese candlesticks rather than the bars? That would be even more helpful io understand the concept of the relative lows. Thanks a ton sir.
@TechnicalAnalysisInstitute Жыл бұрын
Thank you for your kind words and feedback! I'm glad you found the strategy useful. I understand that many traders prefer the visual representation of Japanese candlesticks over traditional bar charts. They can indeed offer a clearer picture of the market's sentiment in certain contexts. I'll certainly consider creating a version using Japanese candlesticks to further elucidate the concept of relative lows. Your feedback helps in refining our content, and I genuinely appreciate it. In the meantime, you can apply the same principles discussed in the video to candlestick charts. Just focus on the wicks (shadows) of the candles for highs and lows, and the concept remains largely unchanged. Thanks again for your suggestion, and happy trading!
@jimrays2896 Жыл бұрын
Hi maybe try Fractals to show you the relative lows and highs
@davidk84579 күн бұрын
Excellent presentation ... very similar to Stan Weinstein and trading the weekly chart ... I like your idea of trend following!
@TechnicalAnalysisInstitute9 күн бұрын
Glad you enjoyed it! Thank you for your feedback
@saadet4754 Жыл бұрын
thank you so much. o you have a video on the use of range bars? Thanks
@TechnicalAnalysisInstitute Жыл бұрын
Thank you for your kind words! Currently, we don't have a dedicated video on Range Bars. However, it's a great topic and I appreciate the suggestion. We'll consider creating content on it in the future. Stay tuned and make sure to subscribe to get notified of our latest content!
@Ekobudi12 Жыл бұрын
Thanks for sharing! I am also in the learning phase of the NFC community. Every day is a new opportunity to learn more about trading and experience this exciting journey.
@TechnicalAnalysisInstitute Жыл бұрын
Absolutely! The journey of learning, especially in the trading world, is ongoing and filled with new discoveries. It's wonderful to have fellow learners like you in the community, sharing experiences and growing together. Let's keep the momentum going and make the most of every opportunity. Here's to many more enlightening days ahead! 📈🌟
@harikrishna-fi6gn Жыл бұрын
This is just amazing, there is nothing more one needs in trading....
@TechnicalAnalysisInstitute Жыл бұрын
You're absolutely right! Your comment just inspired our live stream. I'll talk precisely of that: We need only one thing to succeed!
@s.ribadiya Жыл бұрын
Thank you. Like way you explain, how to apply 30 days sma indicator and what is the setting? Appreciate give answer. Thank you in advance
@TechnicalAnalysisInstitute Жыл бұрын
Thank you for your kind words and your question! To apply a 30-day Simple Moving Average (SMA) indicator, you would set the period or length setting of the SMA to 30. This means the indicator will calculate the average closing price of the last 30 days and plot it on your chart. Here’s a step-by-step guide on how to set this up, typically using a trading platform or charting software: Locate the indicator section on your trading platform. Choose the Simple Moving Average (SMA) from the list of available indicators. When prompted for the settings or to edit the indicator, set the 'Period' (sometimes labeled 'Length') to 30. Apply the indicator, and it will automatically calculate and display the 30-day SMA on your chart. The 30-day SMA will give you a smoothed representation of the price action over the past month, helping to filter out the 'noise' of day-to-day price fluctuations and show you the underlying trend. Remember, the SMA is typically based on the closing prices, but some platforms allow you to base it on the open, high, or low prices as well. Make sure it is set to 'close' if you're following the method I suggested in the video.
@s.ribadiya Жыл бұрын
Thank you for your quick reply. but sorry I can't find simple moving average on trading view platform I can see their moving average simple but there is length and smoothing length, so I am confused there. If you can, please clarify. Thank you.
@TechnicalAnalysisInstitute Жыл бұрын
@@s.ribadiya Of course! In trading view, under indicators, chose Moving Average Simple. Then adjust the length to 30. That's all you have to do! Hope that helps you.
@maxkelter3561 Жыл бұрын
I do like this simple strategy. Testing it out. Thanks.
@TechnicalAnalysisInstitute Жыл бұрын
I'm glad to hear that you find the strategy appealing. Testing is a crucial step before implementing any strategy in a live setting. I hope you find great results! Let us know how it goes. Thanks for the feedback!
@antarshakti30934 ай бұрын
From tomorrow morning i will use this strategy and go for the kill. Thank you for sharing this knowledge.
@TechnicalAnalysisInstitute4 ай бұрын
That's wonderful, but you should always test it in demo first so you can determine the best time frame, best period, best time and conditions and even best asset to apply it to. Good luck!
@ir47724 ай бұрын
Thanks for such a nice teaching
@TechnicalAnalysisInstitute4 ай бұрын
So nice of you to say. Thank YOU for the nice feedback!
@nkrg4740 Жыл бұрын
This is a life changing strategy. Thanks a lot! First time I felt confident!
@TechnicalAnalysisInstitute Жыл бұрын
That's fantastic to hear! Confidence is a key component in trading, and I'm thrilled that you've found a strategy that resonates with you and boosts your confidence. I always tell my students we need to trade with 3 Cs: Confidence, Calmness and Certainty. If you have any questions or need further guidance, feel free to reach out. Keep up the great work and may your trading journey be filled with success!
@sunilkumarkr3446 Жыл бұрын
More valuable than what I learnt in the past three years.
@TechnicalAnalysisInstitute Жыл бұрын
I'm thrilled to hear that you found the video so insightful! It's always rewarding to know that the content is making a significant impact. Keep applying these strategies, and I'm confident you'll see even more progress. Remember, every step forward is a step towards greater trading mastery. Keep learning and growing! And don't forget to check the second video on Moving Averages. It should be helpful as well... Best of Luck!
@stevecoombes4822 Жыл бұрын
As a refinement may I suggest using this technique with a 200 sma added. Then take buy trades only when price is above the 200sma and visa versa for sells.
@TechnicalAnalysisInstitute Жыл бұрын
Certainly! Your suggestion to integrate the 200 SMA as a filter for the overall trend direction is a time-tested approach well known in the industry and use by many traders. By buying only when the price is above the 200 SMA and selling when below, you're essentially aligning with the prevailing trend, which can often increase the probability of successful trades. Thanks for sharing your refinement. Always great to have insightful contributions from our community! Please share your future results. It'll be enlightening to the community.
@SantoshKumar-gg2sq Жыл бұрын
simple and lucid to understand
@TechnicalAnalysisInstitute Жыл бұрын
Thank you for the kind words! I always strive to make complex concepts as simple and understandable as possible. If you have any questions or need further clarification on any topic, don't hesitate to ask. Happy trading!
@ipsGems Жыл бұрын
Sir, thank you for the info, does this will work in option buy intraday
@TechnicalAnalysisInstitute Жыл бұрын
Thank you for your comment! The single moving average strategy can be applied to different markets, including options for intraday trading. However, it's essential to backtest any strategy on the specific market and timeframe you intend to use it on. Options have unique characteristics and factors like time decay that need to be considered. Always test and practice in a demo environment before applying any strategy in a live trading scenario. Happy trading! 👍
@iloveno3Ай бұрын
Very nice strategy!
@TechnicalAnalysisInstituteАй бұрын
Glad you found it useful.
@kaisarali55555 ай бұрын
Hi...What period is used for the demo in the case above?🙂 Thanks
@TechnicalAnalysisInstitute5 ай бұрын
I am not sure which demo specifically you're referring to since there are several examples, but the bottom line is that the 30 period is very useful in our experience.
@kaisarali55555 ай бұрын
@@TechnicalAnalysisInstitute ok thanks sir..
@jacstocks600 Жыл бұрын
how would i know when the market is shifting from uptrend to either consolidation or downtrend phase? you only showed buy examples.
@TechnicalAnalysisInstitute Жыл бұрын
You're absolutely right; such a comprehensive topic requires a deeper dive than a simple comment can provide. Recognizing market shifts involves understanding various technical signals, patterns, and sometimes combining multiple indicators. I've touched upon this in several of my videos. Stay tuned, as I plan to address such topics in more detail in future videos. For now, I'd recommend revisiting some of my previous content and paying close attention to trend reversals and consolidation patterns. I strongly suggest you go through the Live stream recordings from last week where I gave detailed explanations on identifying trend reversals. You'll find the recordings under www.youtube.com/@TechnicalAnalysisInstitute/streams Thanks for your insightful question!
@jacstocks600 Жыл бұрын
@@TechnicalAnalysisInstitute thank you very much for your teachings.
@richardumali3122 Жыл бұрын
Can you make the bars in candles for easy identification. Thanks
@TechnicalAnalysisInstitute Жыл бұрын
For your request to make the bars in candles for easy identification, I would actually recommend using bars in this particular case. Bars can be more effective for easy identification in certain strategies. However, to understand the differences, advantages, and disadvantages of using candles and bars, I highly recommend watching this video from the Technical Analysis Institute: kzbin.info/www/bejne/qWrXgqZ8aqikidU&ab_channel=TechnicalAnalysisInstitute It provides a detailed explanation that will help you decide which is best suited for your needs.
@ricardourroz9322 Жыл бұрын
Hi. Very useful video, thank you. I was wondering if this would apply to any asset like crypto?
@TechnicalAnalysisInstitute Жыл бұрын
Hi there! I'm glad you found the video useful. Yes, the principles of moving averages can be applied across various assets, including cryptocurrencies. However, it's important to remember that each asset class may have its own volatility and unique characteristics. Always backtest and adjust the settings accordingly for the specific asset you're trading. Happy trading! 👍
@ricardourroz9322 Жыл бұрын
Thanks so much @@TechnicalAnalysisInstitute I will test it and keep watching and learning. Thanks
@stephane8108 ай бұрын
One of the best srategy i studied so far! Can this be applied on the daily timeframe instead of weekly?
@TechnicalAnalysisInstitute8 ай бұрын
Absolutely! I believe in the video I give examples using short term charts like 3 minutes. However, it works best in larger time frames - you get less frequent false signals. using it in short term charts require the psychological prowess and control of a Zen Master.
@kishor2768 Жыл бұрын
Hi professor Aldo i been using MA for such a long time but not satisfied with the results now I’ve come across your valuable video about using MA in a correct way so thanks a lot for the informative video and let me tell you sir that the calmness’s of your voice shows the simplicity of the strategy itself using the MA thanks sir i have just one simple question that trade in forex markets and i trade only in 2 pairs GOLD and. US OIL and i am a scalper too i like your 3 min scalping strategy you explained in this video and i trade in 3 min and 5 min so just want to know dose this strategy work in forex markets specially in GOLD / US OIL thanks for your valuable time and plz reply ASAP i am waiting eagerly sir 🙏
@kishor2768 Жыл бұрын
Thanks sir for the ❤️ sir but can you plz reply that dose this strategy work in forex GOLD as well as in US OIL pair in 3 min and in 5 min time frames for scalpingggg
@TechnicalAnalysisInstitute Жыл бұрын
I'm glad to hear that you found the video about using the 30-period simple moving average (30SMA) strategy helpful and that the presentation style resonated with you. Regarding your question about applying this strategy to scalping in the forex market, particularly with GOLD and US OIL, I'd like to offer some important considerations: Scalping Odds: It's crucial to understand that the odds for scalpers are generally lower. Research indicates that only a small percentage of scalpers consistently make money, and often the earnings are modest, akin to a minimum wage. Scalping, especially in volatile markets like GOLD and US OIL, involves significant risks. You may want to go more into momentum strategies. Strategy Flexibility: The 30SMA strategy isn't limited to a specific timeframe like 3 or 5 minutes. In the video, I demonstrated its versatility across various timeframes. However, it's imperative to have a strong grasp of market context to tilt the odds in your favor. Each market and timeframe might require adjustments to the strategy for optimal performance. Market Context: Understanding the broader market context is key. This involves being aware of economic events, market sentiment, and other factors that can influence price movements in the forex market. ideally you need to use a dual time frame strategy to confirm the larger trend direction. Further Learning: I recommend watching a couple more of my videos for a deeper understanding of moving averages in trading. kzbin.info/www/bejne/qJ_LgZeIZdeShq8 kzbin.info/www/bejne/gn6bqIynatOir5Y The first is a live stream where I delve into various aspects of moving averages: Live Stream on Moving Averages. The second video explores the use of dual averages. These will provide you with additional insights and strategies. Remember, while strategies like the 30SMA can be powerful tools, they are most effective when used with a comprehensive understanding of the market and solid risk management practices. Scalping requires quick decision-making and can be quite challenging, so it's essential to approach it with caution and continuous learning. Feel free to reach out if you have more questions or need further clarification. Happy trading!
@kishor2768 Жыл бұрын
Thanks sir for your reply in such a detailed way I appreciate it thanks a lot god bless you and keep up the good work 🙏
@sA-dn3qy Жыл бұрын
Thanks. Learning a lot frm ur videos. What will be the criteria for taking profit in this strategy. Regards
@TechnicalAnalysisInstitute Жыл бұрын
It's great to hear that our videos are providing valuable insights for you! Regarding taking profits using the strategy explained, the key is to observe the position of the second candle that closes below the Moving Average (MA) in an uptrend. Your cue to take profit would be if this second closing price falls below the two previous relative low points. This indicates a potential shift in momentum and can be a prudent point to lock in gains before the trend possibly reverses. Keep refining your strategy with practice, and don't hesitate to reach out with more questions as you continue your trading journey. Happy trading!
@sA-dn3qy Жыл бұрын
@TechnicalAnalysisInstitute I highly appreciate your reply and explanation in detail. Your teaching method and knowledge are matchless. Im feeling lucky to be in your followers. Stay blessed Sir.
@TechnicalAnalysisInstitute Жыл бұрын
@@sA-dn3qy Your words mean a lot, and I'm incredibly grateful for your appreciation. It's followers like you that make this journey so rewarding. I'm here to support your trading journey, so don't hesitate to reach out if you have any questions. Stay tuned for more insights, and together, let's continue this path to trading success. Stay blessed too!
@canbartu7762 Жыл бұрын
@TechnicalAnalysisInstitute Thank you for your quick answer. I would like to ask anotheer question about process. After second close, we drove a line horizontally to the left side and choose first lowest low that crossed by horizontal line whereever it. Am I correct?
@TechnicalAnalysisInstitute Жыл бұрын
Thank you for your question and for following the discussion. I must admit, I'm not entirely sure I fully grasp your question. It would be really helpful if you could review the video again for clarification. Additionally, it would be great if you could join the next live stream, as that would give us a better opportunity to interact and address your query more effectively. In the meantime, let me reiterate the instructions from the video for clarity: You should consider buying when there's a first close above the 30 period simple moving average (SMA). However, be cautious if the SMA is steeply pointing downwards, as this might not be an ideal buying signal. The strategy for exiting is to do so after witnessing 2 closes below the 30 period SMA. Specifically, consider exiting when one of these closes is below the lower of the previous two significant relative lows. Again, I recommend reviewing the video for a better understanding and joining the next live stream where we can interact more directly and clear up any confusion.
@collinsodum378 Жыл бұрын
Thank you for this wonderful strategy. I guess keeping it simple is always great. I would love you to make a video on how to do manual backtest of this strategy on MT5. Nice work as always.❤
@TechnicalAnalysisInstitute Жыл бұрын
I'm glad to hear that you appreciated the strategy and found value in keeping things simple. Your suggestion for a video tutorial on how to manually backtest this strategy on MT5 is a great idea. I'll definitely consider creating content around that topic to provide more in-depth guidance. Thank you for your continuous support and for the kind words! Stay tuned for more updates. ❤️
@thinkRichLiveRich2019 Жыл бұрын
That is a very lovely explanation sir, Thank you.
@TechnicalAnalysisInstitute Жыл бұрын
You are most welcome! Thank you for your feedback!
@konemoussa3582 Жыл бұрын
What relative low mean ? Thanks!
@TechnicalAnalysisInstitute Жыл бұрын
A relative low refers to a specific point on a chart where the price of an asset dips but is surrounded by two bars (or candles) on its left and right that are higher. In simpler terms, it's the lowest point in a specific range where the bars adjacent to it are both higher. It helps in identifying potential turning points in a market. I actually covered this concept in detail in the video. Think of it like a hand pointing down where your middle finger is the lowest low and your index and ring fingers are higher than the middle finger. I'd recommend revisiting that portion of the video to get a clearer understanding.
@vickisb540 Жыл бұрын
Do you reverse position if you get a close on the other side of the MA?
@TechnicalAnalysisInstitute Жыл бұрын
That's such a great question! Thank you! The answer is theoretically yes, but actually, no. The reason is because if you follow the instructions and are sure to see the MA pointing in your direction, the trend should be in that direction until the MA points in the opposite direction. I hope that makes sense to you. Otherwise, please come to the live stream on Wednesday and I'll try to explain it better then. Thank you for your wonderful question.
@hichamitani6433 Жыл бұрын
HI and thank you for this amazing video . Does it work the same way for selling
@TechnicalAnalysisInstitute Жыл бұрын
You're very welcome! Thank YOU for your question and feedback. The strategy works exactly the same when selling. Simply inverse the instructions. Happy trading!!!
@BixLeVert Жыл бұрын
Hello and thank you for this valuable advice. Is the strategy the same for selling please?
@TechnicalAnalysisInstitute Жыл бұрын
Absolutely! All you need to do is to invert the concept! You'd typically look for the price to close below the pointing down moving average as a potential signal to consider a short position. Always make sure to use proper risk management and test the strategy in your simulator! Happy Trading!
@BixLeVert Жыл бұрын
@@TechnicalAnalysisInstitute thanks so Much sir....I need to practice because I have a lot of trouble recognizing the lowest ones...
@manjunathakar4943 Жыл бұрын
Wonderful explanation about M0ving Average in the video in a simple & understanding way. 1) Can i use EMA instead of SMA??? 2) Is MA works on any segment/Market like Equities, Commodities, Options in Indian Market??? 3) is Time Frame will be depends on our Trading like Intraday/Swing Trading...etc??? Your response will be Highly appreciated sir. Thank you.
@TechnicalAnalysisInstitute Жыл бұрын
Thank you for your kind words and feedback. Here are the answers to your questions: 1) Yes, you can use a 30-period Exponential Moving Average (EMA) in place of a Simple Moving Average (SMA) for your trading strategy. The choice between an EMA and an SMA depends on your trading style and objectives. The EMA gives more weight to recent prices, which makes it more responsive to new information compared to the SMA. This can be beneficial in a fast-moving market where recent price action is more relevant. However, it can also make the EMA more prone to generating false signals in a volatile market. On the other hand, the SMA assigns equal weight to all values, which can make it more stable and less prone to fluctuations in a volatile market. However, this can also mean it reacts slower to recent price changes. If you switch to a 30 EMA, you might notice quicker responses to price changes, which can be advantageous if you're looking for early signals. However, it's important to be aware of the potential for increased noise and false signals. As with any trading strategy, it's recommended to backtest and practice with a demo account before applying new methods to live trades. 2) Absolutely! 3) Certainly! In the video I gave example with different time frames to show it is possible to use for any type of trading style. However, I never recommend day trading. While the strategy will theoretically work, the psychological aspects involved will likely interfere. Happy trading!
@manjunathakar4943 Жыл бұрын
@@TechnicalAnalysisInstitute Thank you for your immediate response sir. It would be have been more helpful for us Instead of "Bars" if you have used "Candles" in the Tradingview platform in the video. But given lot of clarity about MA. Thank you.
@TechnicalAnalysisInstitute Жыл бұрын
@@manjunathakar4943 That is not completely correct! This video should help you understand why sometimes it is better to use bars for specific strategies and why sometimes it is better to use candles. I suggest you watch it attentively. Also, in the next few weeks I'll be posting a full training on one of the most sophisticated tools of technical analysis. For that you need to use Bars, so it will be best you learn the correct use of them. kzbin.info/www/bejne/qWrXgqZ8aqikidU&ab_channel=TechnicalAnalysisInstitute
@manjunathakar4943 Жыл бұрын
@@TechnicalAnalysisInstitute Understand sir. Because in India most of us are using candles for the analysis. But thank you for sharing knowledge sir. Waiting for more useful Knowledge & Analysis from your side. Thank you so much for your time sir.
@TechnicalAnalysisInstitute Жыл бұрын
@@manjunathakar4943 We do too! But that's only one type of analysis. Very useful, no doubt. But a good analyst should be able to use several types of charts at different situations. For instance, if you want to do Ellliott Wave analysis, you should only use Bars. If you want to add positions to established trends you may want to use P&F charts, and if you only need to know the tendency, you will better off using line charts. Those are just examples, but there are many reasons why we should be able to switch from one to the other. Happy trading!
@riazkhan83183 ай бұрын
Sir thanks for your valuable Vlog.
@TechnicalAnalysisInstitute3 ай бұрын
Most welcome! Thank YOU for your kind feedback.
@angelzen1496 Жыл бұрын
Good content, but I hv. One query... Video time 15.28 hourly chart The reference u hv given sir,..Before that also some 10 15 candles price crossed and closed ab 30 sma...And it came down and hit SL... Would like to hear yr advice on that. And sir, one request plz make one video using Nifty 50 index chart with yr strategy. Regards
@TechnicalAnalysisInstitute Жыл бұрын
Hello and thank you for your insightful comment. You've pointed out a very valid observation. Remember, while the strategy I shared is robust and can provide a significant edge, no strategy is 100% foolproof. There will be instances, like the one you've highlighted, where the trade may not go in our favor and that's a part of trading; that's why we use protective stops. The key is to maintain a consistent approach and risk management. It's essential to understand that while this strategy can greatly increase your chances of success, it's not immune to losses. In trading, it's not about winning every single trade, but about having a profitable overall strategy in the long run. I appreciate your feedback and will definitely consider creating a video focused on the Nifty 50 index. But one point of clarification is that while I'd love to take credit for it, this is NOT my strategy; it's a proven strategy used by many professional technicians and traders. Stay tuned and happy trading!
@liakella Жыл бұрын
thank you for explanation 👍
@TechnicalAnalysisInstitute Жыл бұрын
You're welcome! If you have any more questions or topics you'd like covered, just let me know. Happy trading!
@vivekk9123 Жыл бұрын
good strategy . nicely explained.
@TechnicalAnalysisInstitute Жыл бұрын
Glad you liked it
@jerrycharzan87773 ай бұрын
Hi you are one of the best !
@TechnicalAnalysisInstitute3 ай бұрын
Thank you! This is one of the best comments we have gotten :-)
@Dave76ful Жыл бұрын
Hello Sir the examples you were showing i saw you used 30 SMA on one chart and 30 WMA on another.So which one you suggest to use?
@TechnicalAnalysisInstitute Жыл бұрын
Hello! Great observation. Both the 30 SMA (Simple Moving Average) and the 30 WMA (Weighted Moving Average) have their own merits. The choice between SMA and WMA often comes down to personal preference and the specific characteristics of the market you're trading. The WMA gives more weight to the recent prices, making it more sensitive to recent price action. On the other hand, the SMA gives equal weight to all data points, offering a smoother overview of the market trend over the period. For the strategies I demonstrated, you can experiment with both to see which aligns better with your trading style and the particular asset you're trading. It's always a good idea to backtest any strategy with both types of moving averages to determine which one offers better signals for your specific scenario. Remember, there's no one-size-fits-all answer in trading. It's all about finding what works best for you. Happy trading!
@cresiosilva6879 Жыл бұрын
Boa Tarde: No intraday 15 minutos pode se operar vendido quando o primeiro candle vermelho fechar abaixo da media aritmética de 30 períodos.
@TechnicalAnalysisInstitute Жыл бұрын
Boa tarde! Thank you for your question. Yes, in a 15-minute intraday timeframe, going short when the first red candle closes below the 30-period moving average can be a part of your trading strategy. However, the moving average must be pointing down!! Always ensure to combine this with a thorough analysis, other indicators or a confirmation of trend reversal for a stronger signal. Be mindful of risk management and happy trading
@michaelkorb1 Жыл бұрын
Thanks for sharing. Do I understand correctly, that the 30 SMA strategy only takes long trades when price is above 200 SMA?
@TechnicalAnalysisInstitute Жыл бұрын
You're welcome! What an amazing question. I thank you for bringing it up. While the video suggests that taking long trades when the price is above the 200 SMA can offer a better confirmation of an upward trend, it doesn't strictly mean that you can't take long trades before that. But it is clear that any buy signal will work better after the uptrend is confirmed. The 200 SMA is a general guideline indicating the primary trend. Prices being above the 200 MA is often considered a sign of an uptrend. However, with the 30 SMA strategy, and since it can be applied to any time frame, it's possible to take long trades even before the price reaches above the 200 SMA. Now let me be clear about it: any buy signal will have better odds when prices are above the 200 Moving average and every sell signal will have better odds when prices are below the 200 MA: Just applying that to any strategy, it will increase its winning ratio. Thank you so very much for question and happy trading!
@michaelkorb1 Жыл бұрын
@@TechnicalAnalysisInstitute Thanks for the clarification!
@thatpanamahatlife1497 Жыл бұрын
I've been trading for a few years using something similar, but have had issues with stop-outs when the market ranges and whip-saws. What you are explaining here seems to overcome that to a large degree. I love the simplicity! I'll be backtesting and see how it goes. I'm assuming the stop goes below the lowest low of trend movement.
@TechnicalAnalysisInstitute Жыл бұрын
Absolutely! First off, I'm thrilled to hear you appreciate the simplicity of this strategy. Addressing your point, you've nailed it: In this strategy, the stop is indeed set below the lowest low of the two relative lows. This method helps to buffer against the noise of the market, especially during periods of consolidation or when the market exhibits whipsaw behaviors. By setting the stop based on the relative lows, we're allowing the trend to breathe and potentially ride out those temporary market retractions without getting prematurely stopped out. However, it's crucial to continually trail the stop based on subsequent relative lows as the trend progresses. This not only locks in profits but also ensures you're dynamically adapting to the market's evolving structure. I encourage you to backtest this method thoroughly. Incorporating this approach to stops might reduce premature exits and provide more room for the trend to unfold. Remember, no strategy is foolproof, but the aim is to provide a solid edge over a series of trades. Good luck, and I'm eager to hear how your backtesting goes!
@Nias0404 Жыл бұрын
How did your backtest turn out?
@DinoDan1987 Жыл бұрын
Amazing video thank you!!!!!!
@TechnicalAnalysisInstitute Жыл бұрын
Thank you so much for the kind words! I'm thrilled you found the video valuable. Stay tuned for more content, and happy trading! 🌟
@mperez508 Жыл бұрын
very good content, quick question for the sell order rule, it will be the opposite of the buy order rule, just to make sure cause in the video you never mentioned that.
@gillyboy1566 Жыл бұрын
Thank you for such a good lesson. It was very informative, and I am about to try it out; thank you for your time and effort.
@TechnicalAnalysisInstitute Жыл бұрын
You're very welcome! I'm delighted to know that you found the lesson informative. It's great to hear that you're ready to put what you've learned into practice. Remember, the real learning begins when you apply the concepts to live markets. Take your time, be patient with yourself, and don't hesitate to review the material as needed. If you have any questions or if there's anything you're unsure about as you try out the strategy, please feel free to reach out. Good luck, and may your trading journey be as rewarding as it is educational. Thank you!
@rageagainstthemachineragea2497 Жыл бұрын
Great Video! 💯
@TechnicalAnalysisInstitute Жыл бұрын
Thank you so much! Glad you enjoyed it. 💙 Stay tuned for more!
@karthikeyang8892Ай бұрын
dear sir, does this apply to stocks and equity market also.. please throw light on it.thank you
@TechnicalAnalysisInstituteАй бұрын
Of course! It applies to all financial assets. A moving average is a concept that applies to practically any graph.
@eddyyantosjahputra9269 Жыл бұрын
Absolutely gorgeous and easily applicable in MQL4 and back-tested. Thank you master.
@TechnicalAnalysisInstitute Жыл бұрын
I'm thrilled to hear that you found it applicable for MQL4 and useful in back-testing. Your feedback means a lot. Thank you for your appreciation, and keep trading smartly!
@eddyyantosjahputra9269 Жыл бұрын
@@TechnicalAnalysisInstitute awesome
@raphaelmarkson8102 Жыл бұрын
How was the result of your back testing?
@saadatAvery Жыл бұрын
Hello sir thanks for the simple strategy one point on your charts you are using WMA and you are asking to use SMA co which one is the right combination either SMA or WMA. Thanks in advance for this wonderful work and video.
@TechnicalAnalysisInstitute Жыл бұрын
Thank you for your kind words... To clarify, the strategy I intended to discuss uses either the Simple Moving Average (SMA) or the Weighted Moving Average. SMA is a widely used indicator that provides a clear view of the trend by averaging the price data over a specific period. It's straightforward and effective for many trading strategies. However, the WMA can also be a valuable tool as it assigns more weight to recent data, making it more sensitive to price changes. Depending on your trading style and goals, you might find one more suitable than the other. I strongly suggest you test both before committing any real funds to the strategy. Good Luck!
@ammybatra6934 Жыл бұрын
kindly tell can we reverse position in this strategy if yes then how and when to reverse positions according to this strategy, i am not able to find anyway in this scenario
@TechnicalAnalysisInstitute Жыл бұрын
No, this strategy isn't designed to keep you perpetually in the market or to frequently reverse positions. If you've taken a long position, it's based on your analysis and judgment that the trend is upward. Our taught exit strategy aims to shield you from premature exits. To change your perspective on the trend direction would require further analysis and compelling evidence. So, while you can theoretically reverse a position, this strategy doesn't inherently provide a mechanism for such reversals based on its core principles. Always ensure your decisions align with the foundational logic of the strategy you're employing. I hope this helps you...
@Faithful54 Жыл бұрын
I'll download and save this video
@TechnicalAnalysisInstitute Жыл бұрын
Thank you for valuing the content! Just a friendly reminder to respect copyright guidelines. It's always best to bookmark or add the video to your KZbin playlist for easy access. Enjoy and happy trading!
@georgemitchell1248 Жыл бұрын
Good video thank.
@TechnicalAnalysisInstitute Жыл бұрын
Thank you for watching and taking the time to comment! I'm glad you found the video valuable. Stay tuned for more content!
@GusM264 Жыл бұрын
i agree Best trading channel so far specially for learners like me
@TechnicalAnalysisInstitute Жыл бұрын
Thank you for your kind words. It's fantastic to hear that our channel is serving as a valuable resource for your trading education. We're committed to providing clear, concise, and actionable content that can help traders of all levels improve their skills. Keep learning and happy trading!
@shreepathynayak8848 Жыл бұрын
thank you sir useful strategy
@TechnicalAnalysisInstitute Жыл бұрын
Thank you for your kind words! I'm delighted to hear you found the strategy useful. Keep practicing and refining your skills. Stay tuned for more valuable content. Happy trading!"
@mehkzkhem3 ай бұрын
While looking for left-side relative low, do we need to see low, close, or relative low?
@TechnicalAnalysisInstitute3 ай бұрын
Relative low on the left, closes on the right
@dearsirbabar Жыл бұрын
hello coach... How can we make cell trade... and we have more questions so plz make one more video to elaburate it... thanks
@TechnicalAnalysisInstitute Жыл бұрын
Hello! I appreciate your interest and feedback. Taking short or "sell" trades using the strategy would essentially be the inverse of the buy setup. I understand there are more questions and complexities to address. I'll definitely consider creating a follow-up video to dive deeper into the sell-side and answer additional queries. Additionally, we might also cover this in one of our upcoming live streams, so be sure to stay tuned. Thanks for your support!
@Nzm7719 Жыл бұрын
Thanks for this i have learnt something new. I like it.
@TechnicalAnalysisInstitute Жыл бұрын
I'm so glad to hear that you found value in the content! It's always rewarding to know that viewers are learning and benefiting. Stay tuned for more insights and happy trading!
@sudhanshusharma41272 ай бұрын
Thx Sir for eye opener
@TechnicalAnalysisInstitute2 ай бұрын
Happy it helped you. Thank you for the feedback.
@भारतीययुवा-ज7ल Жыл бұрын
Keep Adding new Concept, you are superb, thanks a lot ❤❤❤❤
@TechnicalAnalysisInstitute Жыл бұрын
Thank you so much for the kind words and support! I'm committed to continuing to share valuable insights and concepts. Stay tuned for more, and happy trading! ❤️
@arinnfc Жыл бұрын
all content from this channel is very useful thanks
@TechnicalAnalysisInstitute Жыл бұрын
Thank YOU so much for your kind words! I'm thrilled to hear that you find the content useful. Your support means a lot to me. If there's anything specific you'd like to see in future videos, please feel free to share your ideas! We will soon start a series on Elliott Waves. Stay Tuned!!!
@yanivacebullet Жыл бұрын
New to your channel snd i like it . Can you tell me if that strategy wirks for stocks as well?
@TechnicalAnalysisInstitute Жыл бұрын
Of course! Welcome to the channel, and I'm glad to hear you're enjoying the content. The strategy we discussed is primarily based on price action, which is a fundamental concept applicable across various financial markets, including stocks. While it was demonstrated in a specific context using Forex pairs, the core principles can indeed be applied to stocks, Futures or Cryptos. As always, I recommend backtesting any strategy on the specific assets you're interested in trading to ensure its effectiveness. Stay tuned for more insights and happy trading! P.S. If you're interested in even deeper levels of analysis, I recommend you watch our full week intensive on the Elliott Wave Principle. You should be able to watch it under the Playlist tab. Enjoy!
@gurmeetsingh-cq6br11 ай бұрын
In which time frame we should use this strategy like Daily, or 15 minutes or so. Yours reply awaited. Thanks
@TechnicalAnalysisInstitute10 ай бұрын
In whatever time frame you normally trade. That's why I gave several examples using different time frames.
@atfarmerbrown9 ай бұрын
Is the 30 WMA simple or exponential? Thanks
@TechnicalAnalysisInstitute9 ай бұрын
The 30 WMA you saw in the video refers to the 30-period Weighted Moving Average, which is different from both simple and exponential moving averages. A WMA assigns more weight to recent prices, aiming to provide a quicker reflection of price movements. In the context of the strategy discussed, using a WMA instead of a simple or exponential moving average shouldn't significantly alter the overall effectiveness. Hope this helps clarify!
@agungbudhiyanto4160 Жыл бұрын
thanks for the video.. awesome 30 sma strategy👍👍
@TechnicalAnalysisInstitute Жыл бұрын
Thank you for the kind words! I'm delighted to hear you found the 30 SMA strategy valuable. If you have any further questions or topics you'd like covered, feel free to let me know. Stay tuned for more insights and happy trading!
@auliazhraaa99 ай бұрын
Wow cool, thanks for sharing, but I usually use the unfilled order strategy in the nfc community.
@TechnicalAnalysisInstitute9 ай бұрын
You're welcome. I'm not familiar with the "unfilled order strategy", but as long as it gives you an edge, confidence and it works, you need nothing else. To succeed in trading we only need one thing that works. That's it! I'm glad you found your one thing...
@renaldshirima898910 ай бұрын
Prof... How to know if the SMA is steeply pointing upwards or downwards? Do you use naked eyes to determine that?
@TechnicalAnalysisInstitute10 ай бұрын
Yes indeed! Also try to have an average of 200 bars on your chart. That way you won't spread it too much and the slope of the average will be preserved.
@barrywoods2600 Жыл бұрын
Hi, Prof. Aldo. Thankyou very much for the video. I wonder if you could clarify the sell part please. In the second example which starts at the 15 minute 16 second mark of the video on the 1h chart, the first close below the MA occurs on a very long bar where the close is approximately 110.50. I will call this bar position zero. The bar to the right which I'll call position 1 also closes below the MA. I will call the bar immediately to the left of position zero, position minus 1. So, we have two bars where the close is below the MA and we look to the left to find two relative lows. In the video at 16:05 you point to the bars which are in position minus 11 (which is below the MA) and position minus 20 (which is above the MA) however I can see two other relative lows which occur at position minus 3 and position minus 6 which are both above the MA and above the closes of positions zero and one. Can you please help me understand why you passed over the two at positions minus 3 and minus 6? Were they not significant enough? Cheers
@ArunSharmaGoogler Жыл бұрын
Great observation. I believe you're right. I understood your explanation. What we could do in that situation is exit the trade and wait for a reentry. According to the example in the video we'd already be in a potential profit anyway. Does that make sense?
@ervonHier3 ай бұрын
First of all, thank you and subscribe to your channel! What I noticed is that in the smaller time frame examples you talk about the 30 SMA, but you have a 30 WMA on the chart?
@TechnicalAnalysisInstitute3 ай бұрын
Not much of a difference! The essence of the strategy and what makes it different, practical and efficient is that it has very clear and systematic decision making. Having said that, it makes more sense to use a Weighted moving average in smaller time frames, but keep in mind that the smaller the time frame, the more false signals you'll get. Good Luck!
@ervonHier3 ай бұрын
@@TechnicalAnalysisInstitute Thanks for the quick response! I understand :-) I will test and report back! Under 1 hour timeframe the WMA, or at what timeframe would you set the limit for the SMA?
@TechnicalAnalysisInstitute3 ай бұрын
@@ervonHier Not at all! You can use it in any time frame, but if I were you, I would set a limit to how small a timeframe I want to trade. Consider the fact that virtually no day trader earns money according to research.
@tomylijones9267Ай бұрын
Does it work both ways, in uptrend and downtrend?
@TechnicalAnalysisInstituteАй бұрын
Practically all strategies of technical analysis work both ways. With the exception of one long term indicator based on the time it takes the market to recover from heavy losses, all strategies apply to up and down trends.
@tomylijones9267Ай бұрын
@TechnicalAnalysisInstitute This is what I thought, thank you very much for your reply. I also have a question regarding your exit strategy. We know that we have to look to the left for two significant lows, but what if candles are still building, and another, and another, do we keep looking to the left searching for another significant lows? By doing it it will never end. So when to finally exit the position? Best regards
@zerocool00079 ай бұрын
very good strategy i am impressed by your teaching method. what i understanding from this lesson first check the trend of the market price and then take the position and check for 2 close position and if those 2 close position above the relative low then don't need to exit just continue your trade. Sir can you make the same strategy video for sell position also. we will be waiting for sell position for sma30 strategy.
@TechnicalAnalysisInstitute9 ай бұрын
Thank you for your kind words and for engaging with the content! I'm thrilled to hear that you find the strategy and teaching method effective. You've got the essence of the strategy quite right. Your request for a video focusing on the sell position using the same SMA30 strategy is an excellent idea. It's important to have a symmetrical approach to both buying and selling in trading, as markets move in both directions. Creating a companion video that explores the strategy from a sell position perspective is definitely on my radar now, thanks to your suggestion. Stay tuned to the channel, as I'll be working on this new video to cover the sell side of the SMA30 strategy, ensuring you have a comprehensive toolkit for both bullish and bearish markets. Your patience and anticipation for this content are greatly appreciated, and I'm excited to share it with you and all our viewers soon. Keep watching, learning, and trading smart! Thank you for the suggestion!