BC TA

Materials I studied for hundreds of hours before I became consistently profitable as a day trader - a thread:

1) Understand how supply and demand zones work (applicable to all timeframes) https://t.co/aIDm7JbqxL
2) Learn how to identify the pivot points to identify high probability entry and exit zones https://t.co/EOV8S0qzNi
2.5) Watch one more video to really nail in how to draw supply and demand zones https://t.co/XhKNOcmWJ2
3) Understand how supply and demand zones work with major support and resistance levels (yes, they are slightly different) https://t.co/AX1utJnkEW
4) Review a written summary guide to further enhance understanding (and see it as an image rather than a video in action) https://t.co/ia6BV4Y2ql
5) Review any of @maplestax annotated charts, @RHODESA_ twitch streams, and @RocketCatchnBob twitch streams
6) Review charts of trades you either did or didn’t make during the day and draw out where you think supply and demand zones are. See if they would have been profitable or not.
7) Last, respect the stop loss at the bottom of your zones and TRUST YOUR CHARTING. Have conviction.
8) Okay this is the last thing, tape this to your body and at all times RESPECT RISK MANAGEMENT.
9) Read this article (my small cap bible), understand the concepts, and then implement said concepts into EVERY SINGLE TRADE.
https://t.co/VrdX0GViIb

More from Ta

Moving Averages 📚

💎SECRET INFO inside

🧠Great for both beginners & advanced traders

▪️ What are they?
▪️ Types of MAs
▪️ Why are they such a powerful tool?
▪️ How to properly use them?
▪️ My best SECRET EMA value?
▪️ Which Timeframe to use?
▪️ Advanced EMA technique?

1/20


▪️ What are they?

Moving average is nothing more than an average price of the last (value) of candles.

If we are gonna use an example of MA(50) it is gonna be the mean price of the last 50 candles

General rule:
Price above = Bullish 🐂
Price below = Bearish 🐻

2/20


▪️ Types of Moving Averages

1) Simple Moving Average - SMA
2) Exponential Moving Average - EMA
3) Smoothed Moving Average - SMMA
4) Volume Weighted Average Price - VWAP

There are a few more but these are the most important in my opinion.

3/20


I won't be going that much into detail about each of them in this thread but more so covering MAs in general.

The important takeaway is there are many methods of calculations and each offers bit different pros & cons

I'll leave experimenting with each of them up to you

4/20

▪️ Why are they such a powerful tool?

Because they help everyone, even newbies, that are just starting out, to easily & visually clearly identify trends without understanding the advanced Market Structure techniques.

Price above = 🐂

5/20

https://t.co/g5SneLNPh5

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