This chart represents a detailed application of Gann’s methods on LCSW stock, providing insights into price action, support/resistance levels, and trend analysis. Price Finished 2 Cycles and is within 3rd Cycle! Please Zoom TO Present like this: https://www.tradingview.com/x/oksvt0aY/ Key Observations: Gann Levels: Horizontal levels represent important price zones derived from Gann’s methodology. These levels act as significant support or resistance Gann Angles: The grid formed by the diagonal lines provides a framework for understanding the balance between time and price. The stock has been respecting these lines, suggesting the relevance of the Gann grid in its price behavior. Lots of times you can relay on the Grid trends and Start Drawing Classic Channels using its angles! Next Resistance :Strong! Watch out (31.89) , 35.77 Near Support : 28.24 , 24.81 Wish you best of Luck Trading.
XRP testing it's zone. Climbing slowly as well BTC & Eth also has good upside view it would be good for long trades
Have you ever wondered why some trades feel different than others? You're following the same strategy, looking at the same patterns, but something just feels... off. Last week, I received a message from a trader who was convinced that his strategy wasn't working. He had back-tested it extensively with 300 data points, showing a 45% win rate with a 1:2 risk-reward ratio. Statistically, he should have been profitable. Yet after three months of live trading, his account was down 28%. What he and what most traders didn’t realize and never consider is that his problem wasn't his strategy. It was something far more dangerous. The Hidden Force Destroying Your Trading Account Think about your last losing trade. Be honest with yourself: - Did you move your stop loss because you "felt" the market would reverse? - Did you enter early because you were afraid of missing the move? - Did you close a winning trade too soon because you couldn't handle seeing profits disappear? If you answered yes to any of these, congratulations - you've just discovered why most traders fail, and it has nothing to do with your strategy. The Expensive Truth About Trading Psychology When I first started trading, I lost over $20,000. It’s not because my analysis was wrong. I just couldn't control my emotions. Here's what would happen. I'd spot a perfect setup according to my plan. I’ll enter the trade. I’d sit right in front of my computer and watch every tick of price movement. I panic when the trade went against me which resulted in me to either cut winners short or let losers run. Sound familiar? You might be making these same mistakes without even realizing it. Why Your Brain Is Working Against You Here's what nobody tells you about trading. Your brain is literally wired to make you fail. When you see your account going into drawdown: - Your heart rate increases - Stress hormones flood your body - Your prefrontal cortex (logical thinking) shuts down - Your amygdala (emotional center) takes over This is the same response your ancestors had when facing a lion. Great for survival, terrible for trading. The Four Emotional Traps Every Trader Falls Into 1. Fear of Loss - Moving stop losses - Cutting winners short - Not taking valid setups 2. Fear of Missing Out (FOMO) - Entering without confirmation - Chasing price - Taking sub-par setups 3. Revenge Trading - Doubling down after losses - Trading bigger size to "make it back" - Taking trades outside your plan 4. Overconfidence - Increasing position size after wins - Ignoring risk management - Breaking rules because "you feel it" All these results in reduced win rate and smaller profits due to increased losses from poor entries, potentially wiping out weeks or months of profits. In serious cases, these may lead to blown accounts and destroyed confidence. The Math Behind Emotional Trading Let's say you have a strategy with: - 40% win rate - 1:2 risk-reward ratio - 1% risk per trade Mathematically, this strategy should make money. But emotions change everything: Without Emotions: - Winners: 40 trades × 2R = +80R - Losers: 60 trades × -1R = -60R - Net Result: +20R With Emotions: - Cut winners early: 40 trades × 1R = +40R - Let losers run: 60 trades × -1.5R = -90R - Net Result: -50R Same strategy, completely different results. Signs You're Trading Emotionally Even if you don’t realize it, there are signs that you’re trading emotionally. You need to journal down and be conscious about it. 1. Before the Trade - Feeling the pressure to trade - Unable to wait for perfect setups - Entering without proper analysis and confirmation 2. During the Trade - Constantly checking your P&L - Feeling anxiety about open positions - Unable to follow your trade plan and trade management 3. After the Trade - Feeling euphoric after wins - Feeling depressed after losses - Unable to stop thinking about trading The Solution: Building Your Trading Psychology Here's the framework I used to transform from an emotional wreck to a consistent trader: 1. Preparation Phase - Write down exact entry, stop loss, target, and your emotional state (Check out my FREE trading journal) - Calculate position size before entering - Take screenshots of your analysis - Review your rules checklist 2. Execution Phase - Set and forget your orders (if applicable) - No watching charts if not necessary - No checking P&L - No moving stop losses (unless it fits your trade management) 3. Review Phase - Journal every trade - Rate your emotional state - Track rule violations - Learn from mistakes Real Results From Managing Emotions My First Month Trading: - Started with $10,000 - Took 45 trades - Broke every rule in my plan - Ended down 40% After Implementing Emotional Control: - Managing $200,000 funded account - Taking 15-20 trades per month - Following rules strictly - Consistent 3-5% monthly returns By the way, I've passed another funded challenge this week using the lessons implemented here! Taking Action: Your First Steps 1. Start a Trading Journal - Record your emotions before each trade - Note any rules you break - Track the cost of emotional decisions 2. Create a Pre-Trade Checklist - Entry criteria - Risk management rules - Position sizing calculations - Market condition requirements 3. Build Better Habits - Trade smaller size while learning - Remove P&L display from charts - Set and forget your orders (If applicable) - Review trades only at set times The Path Forward Remember, everyone feels emotions while trading. The goal isn't to eliminate emotions. It's to prevent them from affecting your decisions. The market doesn't care how you feel. It doesn't care about your hopes, fears, or dreams. The only thing that matters is whether you can execute your strategy consistently, regardless of emotions. The choice is yours. Continue letting emotions control your trading, or learn to control your emotions.
I mean, what do you think is gonna happen next? Twitter got it before the breakout. Also, I'm back being active on here, follow for more. not financial advice. stay safe.
Sideway chart will long it at current price. Entry 41.33 Stoploss 39.5 TP-1 43.16 TP-2 44.99
This chart represents a detailed application of Gann’s methods on ATLC stock, providing insights into price action, support/resistance levels, and trend analysis. Please Zoom TO Present like this: https://www.tradingview.com/x/X7drY7vY/ Key Observations: Gann Levels: Horizontal levels represent important price zones derived from Gann’s methodology. These levels act as significant support or resistance Gann Angles: The grid formed by the diagonal lines provides a framework for understanding the balance between time and price. The stock has been respecting these lines, suggesting the relevance of the Gann grid in its price behavior. Lots of times you can relay on the Grid trends and Start Drawing Classic Channels using its angles! Next Resistance : 4.61 , 4.95 Near Support : 4.27 , 3.95 Wish you best of Luck Trading.
Gann charts are powerful tools in technical analysis, developed by W.D. Gann, to predict price movements based on geometric angles, time, and price levels. They are especially useful for identifying support and resistance levels, trend reversals, and future price trajectories. Here’s a concise guide to understanding and applying Gann charts to any coin or stock: 1. Understanding Gann Charts A Gann chart consists of: Angles (Gann Lines): These are drawn at specific geometric angles, such as 45°, 90°, 135°, 180°, 225°, 270°, and so on. Each angle represents a potential support or resistance level. Grid Lines: The grid helps in visualizing where price and time converge, marking critical pivot points. Horizontal Levels: These are key price levels that align with Gann angles and often act as zones of interest. 2. How to Interpret Gann Angles 45° Line (1x1): Often considered the most important, this represents a balanced trend. If the price stays above the 45° line, it indicates an uptrend; if it falls below, a downtrend is likely. 90°, 135°, 180°, etc.: These act as key resistance or support levels. A break above or below these lines signals potential trend continuation or reversal. Time-Based Angles: Vertical lines on the chart indicate time cycles where significant price movements or reversals may occur. 3. Key Actions When Using Gann Charts Identify Key Levels: Look at where the price interacts with Gann angles. Levels such as 45°, 90°, and 180° are crucial for spotting trends. Note areas of congestion or repeated interaction, as these are likely strong support or resistance zones. Observe Breakouts and Reversals: A breakout above a Gann resistance line (e.g., 90° or 135°) may signal a bullish move. A breakdown below a Gann support line (e.g., 45° or 180°) could indicate bearish sentiment. Monitor Convergence Zones: Points where Gann angles and time cycles intersect often signal high-probability zones for trend reversals or accelerations. Use Momentum Indicators: Pair Gann charts with RSI, MACD, or volume analysis to confirm price action. For example: Rising RSI near a key resistance line supports a bullish breakout. Declining RSI at a support level suggests weakening sentiment. Set Targets and Stop-Losses: Use Gann resistance levels as profit targets during uptrends. Place stop-loss orders just below critical support levels (e.g., 45° or 180° lines) to manage risk. 4. Common Scenarios with Gann Charts Bullish Scenario: If the price breaks above a key resistance angle, look for confirmation with strong volume or momentum. Set targets at higher Gann levels (e.g., moving from 135° to 180°). Bearish Scenario: A failure to hold a support level often results in a drop to the next lower Gann angle. Watch for declining momentum indicators to confirm the move. Consolidation: When the price moves sideways near a Gann line, it often precedes a significant breakout or breakdown. Be prepared for increased volatility. 5. Tips for Effective Use Start with the Basics: Focus on major angles like 45° and 90° initially before delving into finer grid lines. Combine with Other Tools: Gann charts work best when used alongside candlestick patterns, moving averages, and Fibonacci retracements. Conclusion Gann charts provide a structured framework for analyzing price movements in any coin or stock. By identifying key angles, monitoring breakout and reversal points, and combining the analysis with other technical tools, traders and investors can make more informed decisions. Whether you’re tracking cryptocurrencies, stocks, or other assets, Gann charts offer a timeless approach to understanding market behavior.
Trying to Short. Looks like short term reversal on 1H TF Entry 25.47 Stoploss 26.9 TP-1 24.04 TP-2 22.61
Based on technical factors there is a Buy position in : ? NOSUSDT ? Buy Now or by Breakout ?Stop loss 2.530 ?Target 1 5.770 ?Target 2 7.660 ?Target 3 10.100 ?RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes? and comments?
As the price action continues to move sideways, it approaches that trendline. If the price rejects the resistance, we can expect it to move lower than 2600. On the other hand, if it closes above the resistance, we can anticipate the price reaching around the 2720 levels. My goal is support zone around 2585 The gold market is still oscillating around the 2650 level as it awaits the upcoming NFP data. Yesterday, the market showed poor reaction to news, with the price breaking below the previous day’s low but then swiftly pulling back toward the 2650 resistance level. If the price falls from this resistance zone, we could see a move toward the previous week’s low. Given the significance of the NFP release today, the price could potentially move in either direction. However, if there is a rejection at the 2650 resistance level and the upward trendline, we might witness a substantial sell-off. It will be crucial to watch how the market reacts to the NFP data, as volatility is expected to increase. My goal is support zone around 2620