Checklist 1. Candlesticks (Price Action) – Is there any rejection candlestick at S/R level? 2. Market Condition – Uptrend? Downtrend? Sideway? 3. Market Phase – Impulsive or Corrective? 4. Acceleration & Deceleration – Is price accelerating or decelerating? 5. S/R Level – Is there any confluence? Wait for price to reach S/R level and wait for confirmation. 6. Price Action Patterns – Is there any reversal or continuation pattern forming? 7. Multi Timeframe Confirmation – Is there lower timeframe confirming your bias on the higher timeframe? 8. Strategy – Wait for trade setup in line with your analysis (bias)
Introduction To Fibonacci Analysis By Admin SKT
Introduction To Fibonacci Leonardo Bonacci - known as Fibonacci, Leonardo of Pisa, was an Italian mathematician, considered to be "the most talented Western mathematician of the Middle Ages". Fibonacci popularized the Hindu–Arabic numeral system to the Western World primarily through his composition in 1202 of Liber Abaci (Book of Calculation). He also introduced Europe to the sequence of Fibonacci numbers, which he used as an example in Liber Abaci. In mathematics, the Fibonacci numbers are the numbers in the following integer sequence, called the Fibonacci sequence, and characterized by the fact that every number after the first two is the sum of the two preceding ones: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144
Introduction To Fibonacci We will not go any deeper in the theoretical part of how fibonacci sequence works. If you are interested you may find plenty of materials on the internet. We are interested in the essentials of the fibonacci sequence and how they fit into the trading world. As you probably know the golden ratio could be found anywhere in the nature. Markets are not an exception. The Fibonacci numbers that traders use on their charts work for one reason or another. There are a lot of debates WHY exactly price reacts to these levels but it is more important that it DOES. The Fibonacci levels are sort of self-fulfilling prophecies. What that means is that the more people use them, the more powerful these levels become.
Fibonacci Number Sequence
How are the Fibonacci Retracement & Extension Levels Derived From The Fibonacci Sequence? 61.8% = divide current number with next (from 13 onward) e.g. 55/89 = 0.618 (approx.) 161.8% = divide next number with current e.g. 89/55 = 1.618. This is also called the “golden ratio” 38.2% = 0.6182 (or skip 1 sequence in division e.g. 55/144 = 0.382) 23.6% = skip 3 sequences in division e.g. 34/144 = 0.236 (approx.) 78.6% = √0.618 127.2% = √1.618 261.8% = 1.6182 or 1.618 0%, 50%, 100% & 200% are not Fibonacci numbers, but are nonetheless used by some traders as they are psychological levels (round numbers)
Some Important Fibonacci Levels As seen above there are many fibonacci numbers however traders use and rely on some levels more than the others. Some of the most commonly used levels are: 161.8% 1.414% 1.272% 100% 78.6% 50% 61.8% 50% 38.2% 23.6% Behind the scenes of the trading world, magic happens. Big money option are written and expired according to these very same Fibonacci levels. Remember – Fibo is not just in trading but in any aspect of life numbers related. This information is priceless to us as retail traders.
Fibonacci analysis may be very useful in many ways such as : 1. Fibonacci retracement 2. Fibonacci extension / projection 3. Elliott wave 4. Harmonic pattern 5. Trend Cycle 6. And Etc…… We are interested in 3 fibonacci tools that are most commonly use: • Fibonacci Retracement • Fibonacci Extension • Fibonacci Projection
Fibonacci Retracement & Extension The Fibonacci retracement tool as the name suggests is used when the price is correcting itself during a trend. The correct way to place the fibonacci retracement is to find a top or bottom (swing) and let the price run. The fibonacci retracement is used to forecast levels to which the price is very likely to correct itself during a trend. Usually used as Entry levels.
Fibonacci Retracement & Extension Fibonacci Extension on the other hand is used to predict or forecast what levels the price might reach in the direction of the trend. The projection is a perfect way to set your targets. It uses 3 reference points on the chart as opposed to the retracement tool.
Introduction To ST GRaB Candles By Admin SKT
Introduction To Moving Average ➢ Moving Average area among the most commonly used indicators in technical analysis ➢ One of primary indicator that nearly every trader has overlaid when studying a stock’s chart ➢ It can be smooth price action to make it easier to visualize trends ➢ It help to filter out noise of random price fluctuation ➢ It also can be used to identify levels of support and resistance
Calculating Moving Average There are a variety of different moving averages used by traders, but by far the most widely used are the simple moving average (often abbreviated SMA), weighted moving average (often abbreviated WMA), and exponential moving average (often abbreviated EMA). Simple Moving Average The simple moving average is easy to calculate since it is simply an arithmetic mean of a set of closing prices, with the number of prices included determined by the userdefined length of the moving average. Thus: Simple Moving Average = Sum of Closing Prices of Each Interval / Number of Intervals Exponential Moving Average The exponential moving average differs from the weighted moving average in that the calculation applies more weight to recent price data than to older price data on a multiplicative basis rather than based on set weights. The exponential moving average for a given interval is calculated as: Exponential Moving Average = (Closing Price – Previous Interval’s EMA) * Multiplier + Previous Interval’s EMA
Introduction To ST GRaB Technique What are the GRaB Candles? These indicators are specifically designed and configured by Raghee Horner who is the Simpler Trading Futures, Forex and Currency trading expert. Her tools have been adopted by others in the Simpler Trading group and have been found to be a powerful asset to any traders arsenal of indicators. 34 EMA Wave and GRaB Candles The 34 EMA Wave plots three exponential moving averages, EMAs. Green - 34 bar EMA of the price high, plotted green by default Red - 34 bar EMA of the price low, plotted red by default Blue - 34 bar EMA of the price close, plotted blue by default
What are the GRaB Candles? Wave and GRaB show us, at a glance, the market sentiment and trend. We look to participate in trend moves (trending green or red) and to avoid indecision or chop (blue, or quick shifts between the three colors).
Sembang Kari Traders 2.0
Sembang Kari Traders 2.0 TRADE IDEA ❑ If the trend is in bullish run, take an entry long setup when the candle pull back to EMA 34 lines (ST GRAB) and the trend label must be in BULL (green color) ❑ If the trend is in bearish run, take an entry short setup when the candle pull back to EMA 34 lines (ST GRAB) and the trend label must be in BEAR (red color) ❑ It is not advisable to take and entry if the price pullback to EMA 34 lines (ST GRAB), but the trend label is SIDEWAY (yellow color)
KILLER SET UP SKT SWING SET UP
PERKARA PENTING YANG PERLU ADA PADA CHART Guna Heiken Ashi. Timeframe TF1D TF4H ETH Indicator Sembang kari traders Indicator: ST GRAB=EMA34 (CLOSE=biru, HIGH=hijau & LOW=merah) EMA100 (Oren) EMA200 (putih/hitam) Simpler Trading Darvas Box
SOP UNTUK TRADE 1. DIRECTION: kenalpasti EMAs pointing ke arah atas @bawah. Jika ke arah atas kita focus untuk LONG CALL. Jika ke arah bawah kita focus untuk LONG PUT. 2. WHERE TO ENTRY: cari entry di area rumah ST GRAB @ EMA100 @ EMA200. 3. WHEN TO ENTRY: entry apabila HA HIJAU/ MERAH complete. 4. STOPLOSS: SL pada LOW/ HIGH yang terdekat. 5. TAKE PROFIT: a) TP apabila profit mencapai 50% @ 100% @ more. b) TP pada Resistance @ Support. c) HA sudah bertukar color.
NAK LEBIH BANYAK CONTOH? JOM TENGOK CHART DI TRADING VIEW.
VERTICAL SPREAD ABU LUTFULLAH JAMALLULLAIL ABU LUTFULLAH JAMALULLAIL
SEKITAR SPV/LCV Sell Put Vertical Kelebihan Kekurangan How to Entry a Position
What Is a Vertical Spread? A vertical spread involves the simultaneous buying and selling of options of the same type (i.e., either puts or calls) and expiry, but at different strike prices. The term 'vertical' comes from the position of the strike prices. Known with : Bull Put Spread ( SPV ), Bull Call Spread (LCV)
ADVANTAGE OF SPV Low Premium acc to our MM Defined Risk Time Is our Friend Volatility on our side If stock not moving also we benefitted from Time Decay