Learn to Trade in 5 Days The 3 Best Trading Indicators for Day Traders I've tested countless day trading indicators throughout my career, and truthfully, most of them are completely useless. In this guide, I’ll save you time by teaching you the three indispensable indicators that have been the backbone of my trading success for over two decades. These indicators help identify high-probability reversals , confirm breakouts , and predict key support and resistance levels . Whether you’re a day trader or swing trader, these tools will elevate your trading game. Get my 5-Day Trading Mini-Course 1. Cumulative Volume Delta (CVD) – Identifying Market Imbalances Cumulative Volume Delta (CVD) is a crucial indicator in my trading strategy, particularly for scalping. It measures the difference between buying volume (trades executed at the offer price) and selling volume (trades executed at the bid price) . How CVD Works: If Delta is greater than zero , buyers are the...
π GET MY TRADING BOOK DOWNLOAD NOW → Instant digital delivery Mastering Price Action Trading: A Comprehensive Guide Introduction to Price Action Trading Price action trading is one of the most effective ways to analyze the financial markets. It involves interpreting market movements using Japanese candlestick patterns without relying on indicators. By learning price action, traders can anticipate market direction and make informed trading decisions. In this guide, we’ll break down what price action is, how it works, and how you can use it to enhance your trading strategy. Get my 5-Day Trading Mini-Course What is Price Action? Price action refers to the movement of an asset’s price over time. It is the language of the market, conveyed through Japanese candlesticks, which provide insights into buyers' and sellers' behaviors. Every candlestick tells a story: Open Price – The price at which the asset started during the time frame. Close Price – The price at which t...
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These patterns have ONE job: → Spot momentum BEFORE the breakout. If you're trading a bull market, here’s what you need to look for π 1/ Bull Flag π³️ Sharp move up → tight pullback → breakout. ✅ Fast rallies ✅ Volume spike ✅ Clean continuation Perfect for momentum traders catching the next leg up. 2/ Cup and Handle ☕ Rounded bottom → short pullback → breakout. This is a bullish base-building pattern. π Great for swing trades π Shows accumulation before liftoff 3/ Inverse Head & Shoulders π§ 3 lows: Left shoulder → deeper head → higher right shoulder. π§ Signals trend reversal from downtrend to uptrend. Wait for the neckline breakout with volume. 4/ Ascending Triangle πΊ Higher lows squeeze against resistance. Price builds pressure — then explodes through resistance. ✅ Flat top ✅ Rising base π Great for breakout buyers 5/ Double Bottom "W" Pattern π° Two equal lows → breakout past midpoint. Classic reversal setup. π‘ Add confluence with...
Want to unlock the full potential of AI models like Claude? The secret lies in prompt engineering , a skill that’s transforming how we interact with AI. In a recent roundtable at Anthropic, experts from research, consumer, and enterprise perspectives shared game-changing insights on what prompt engineering is, why it’s critical, and how to master it. In this blog, I’ll break down their discussion into actionable tips so you can craft prompts that get results—fast. Let’s dive in! What is Prompt Engineering and Why Does It Matter? Prompt engineering is the art and science of crafting clear, precise instructions to get AI models to perform tasks effectively. Think of it as programming with natural language, where every word counts. Anthropic’s experts—Alex (Developer Relations), David Hershey (Customer Success), Amanda Askell (Finetuning Lead), and Zack Witten (Prompt Engineer)—agree that prompt engineering is about clear communi...
These 3 setups are used by top traders to spot explosive moves before they happen. Most retail never learns them. Let’s fix that π 1/ The RSI SuperStack Pattern ππͺ It’s RSI — but on steroids. ✅ What to look for: RSI stays above 50 during consolidation Brief dip = false panic Strong bounce = continuation π§ It’s not overbought — it’s momentum stacking. π Combine with trendline holds or volume spikes = sniper entry. 2/ The Episodic Pivot π₯ This one’s for stock and crypto traders chasing real catalysts. π Setup: Huge volume + news (earnings, upgrade, partnership) Price gaps or spikes Pullback forms tight range Then rips again π π‘ The “episode” is the event. The “pivot” is where institutions pile in. This is how momentum traders catch 100%+ runners. 3/ The Slingshot Pattern πΉ It dips... to launch. π Sharp pullback in an uptrend π Hits support (20EMA, VWAP, or trendline) π Then explodes upward, catching shorts off guard π― Key: Loo...
Most traders chase patterns. The best traders read the story behind them. Here’s how to go beyond the surface and truly understand what chart patterns reveal π 1/ Patterns Reflect Trader Behavior, Not Just Shapes A head & shoulders or double top isn't just a formation—it's a narrative of buyer exhaustion and seller dominance. Recognizing this helps in anticipating market moves. 2/ Context is Crucial A bullish flag in a strong uptrend? High probability. The same pattern in a choppy market? Proceed with caution. Always assess the broader market context. 3/ Volume Validates the Pattern A breakout accompanied by significant volume indicates conviction. Without volume, be wary of potential fake outs. 4/ Combine Patterns with Key Levels Patterns near significant support or resistance levels are more reliable. They offer better risk-reward setups. 5/ Patterns are Clues, Not Certainties No pattern guarantees a specific outcome. Use them as tools to gauge probabiliti...
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π GET MY TRADING BOOK DOWNLOAD NOW → Instant digital delivery The Ultimate Guide to Day Trading: How to Maximize Profits & Avoid Common Mistakes Day trading is one of the most exciting ways to make money in the financial markets. It allows you to open and close trades within the same day, giving you quick results and plenty of opportunities to profit. But while day trading offers high rewards, it also comes with risks. If I could go back in time, I would have saved myself years of trial and error by following these key principles. In this guide, I'll walk you through what day trading is, its advantages and disadvantages, and the exact strategies you need to succeed. Get my 5-Day Trading Mini-Course What is Day Trading? Day trading is simple: you buy and sell assets within a single day —no trades held overnight. Your trades usually last between a few minutes to 24 hours . If a trade goes beyond 24 hours, it becomes an intraday trade . If it lasts several day...
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