Daniel Education

2021-11-02 16:30:16 SUPPORT & RESISTANCE

Support & Resistance (SNR) is a zone.

The simple language is Roof (Resistance) and Floor (Support). The strength of SNR can be seen through the frequency of price return (retest) in the zone.

If it happens, it means that the breakout zone is not strong. Make sure it is in a fresh zone. Can try to do a back test to see the previous SNR level.

Support = Zone below the market price (Low). Buy at Support!

Resistance = Zone above the market price (High). Sell at Resistance!

NOTE: ALWAYS LOOK LEFT FOR THE NEAREST SNR! Open / Comment

2021-11-02 15:42:16 BEARISH MARKET

You need to find a HIGH price to SELL. To avoid the opposite trend. Open / Comment

2021-11-02 14:20:16 BULLISH MARKET

You need to find a LOW price to BUY. To avoid the opposite trend. Open / Comment

2021-11-02 13:36:16 BUY LOW, SELL HIGH

We can make a profit when we Buy/ Sell currency.

Buy at a low price.
Sell at a high price.

Sell when the price is high, you will get a profit if the price decreases. Will lose if the price goes up.

Buy when the price is low, you will get a profit if the price goes up. Will lose if the price goes down. Open / Comment

2021-11-02 12:20:11 Price movements are based on two types of trends, namely Bullish (uptrend), Bearish (downtrend) and Sideways. This trend analysis is a way to determine the trend of a price movement.

Before determining the trend of a price, the trader must know what is meant by the terms below.

Higher High (HH)
- Peak price point that exceeds the previous peak.

Higher Low (HL)
- Higher than the previous point

Lower High (LH)
- Peak from a price lower than the previous peak

Lower Low (LL)
- The lowest point is the lowest of all before Open / Comment

2021-11-02 11:01:11 MARKET TYPES

BEARISH MARKET :
- The market declined in a downward trend as investors sold riskier assest

BULLISH MARKET :
- When the Bulls are powerful in the market, people are looking to invest money, high confidence and risk acceptance generally increase.

Traders can take advantage of both because of the two-way Forex market Open / Comment

2021-11-02 10:00:21 Accumulation Phase

Smart Money (SM) has recognized the low/ cheap price market and started collecting in large quantities. Usually the price will be in a state of "sideways" (horizontal) and this phase takes a long time, it may even reach many years.

Mark-Up Phase

At this point, the stocks collected by SM have started to move up after passing the resistance level of a price. During this phase SM will let the market rise neutrally.

Distribution Phase

At this phase, SM will find the price that is already at its peak price and start releasing their holdings.

The bullish momentum will decrease/disappear due to the active release of shares by them. Usually buyers who pass by will be stuck here

Mark Down Phase

Once SM gives up all their shareholdings, the share price will start to fall due to more interest in buying shares on a large scale.

SM will wait for prices to fall at what they consider low to regroup. The collection process will take a long time.

Using this theory, the volume bar indicator is very important to confirm the price movement because it is closely related to "demand" and "supply".

Price movement compared to volume is very important to know the direcon of stock price movement. Open / Comment

2021-11-02 09:00:11 MARKET CYCLE

One of the strategies is to buy after the price moves away from the resistance level (Buy/Sell on breakout). This us Wyckoff's market cycle theory. Open / Comment

2021-11-02 08:00:26 Open / Comment

2021-10-29 17:29:07 I will continue our education channel Next Week okay.

Stay tuned Open / Comment