Orderbooks: How To Find The Imbalances
When trading with or buying your cryptocurrency on an exchange (even if it is your first time), you should always observe the order book before placing your orders. »What even is an order book and why the hell should I care to look at it?« you may ask. Here I’ll explain everything you need to […]
Fibonacci retracement: How to use them and why
A popular tool that technical traders use to identify strategic levels and potential entry/exit points is the Fibonacci retracement method. Here I’ll explain what it is, how it works and how you can apply it to your technical analysis. The Fibonacci retracement indicator is based on the so-called golden ratio that supports aesthetically pleasing shapes which […]
Introduction To Moving Averages
When you look at a chart posted on Twitter, you might wonder what those additional lines apart from the price action even mean. They’re called indicators, and in this article, I’ll tell you about the most widely used indicators out there: moving averages or MAs. There’s two kinds of moving averages: simple (SMA) and exponential (EMA). […]
Trendlines — Don’t trade unless you understand them!
Trendlines are one of the simplest and yet one of the most important tools used by all t when traders. Whether you’re trading stocks, forex, crypto or soybean futures, you need to understand trendlines. Luckily they’re not that difficult, so even if you don’t have any previous knowledge you’ll be able to understand them fairly quickly, so let’s […]
The Foundations of TA: Support and Resistance zones
Support and resistance (S/R) zones are the first things every trader should learn before jumping into the markets. S/R are horizontal zones where the price might reverse due to strong buying or selling pressure. Mastering S/R strategy can make you rich, but you need to use them appropriately and more importantly stick to your plan. […]
Risk Management: Preserving your capital
There are a few things each trader should master before heading into markets. Risk management is at the top of that list in my opinion, because without capital preservation, what are we doing? Gambling our future? Risk management plays an important role in any market and is a key element of success. Many traders believe […]
