TECHNICAL ANALYSIS
This is the area on a chart where price left an imbalance, leaving a gap in the middle of 2 candles where the wicks do not touch.
What is a fair value gap?
This trading strategy involves placing your entry, stop loss, and take profit, then walking away without managing the trade any further.
What is set & forget?
This reversal pattern has three peaks, with the middle peak being the highest. Breaking the neckline signals a change in trend.
What is Head and Shoulders?
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What is a clock?
This real-time list displays all the buy and sell orders for a particular asset, showing where traders are willing to enter or exit positions at different prices.
What is the orderbook?
This is the channel where beginners who are new to trading can go for an explanation of what exactly day-trading is.
What is Day-Trading explained?
In trading, this refers to understanding the bigger picture—such as trends, key support and resistance levels, and recent price behavior—before making a decision on entering or exiting a trade.
This technique involves modifying chart aesthetics to reduce emotional reactions and help traders follow their plan more objectively
What is changing chart colors/candlestick colors?
This bearish continuation pattern forms after a sharp downward move, followed by a small upward consolidation that resembles a flag before price breaks down again.
What is a bear flag?
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What is fire?
This indicator calculates the average price of an asset throughout the day, weighted by both price and volume, and is often used by traders to identify trend direction or fair value.
What is VWAP?
This is where people can share anything outside of trading in the discord.
What is Life-Beyond-The-Charts?
This term refers to the total number of shares, contracts, or lots traded for a particular asset during a specific time period, often used to confirm trends or reversals.
What is volume?
Instead of setting a visible stop loss, some traders rely on this mental technique to decide when to exit, requiring strict self-control to avoid letting losses grow.”
What is Mental Stop Loss Discipline?
These special candles smooth out price action by averaging the open, close, high, and low of each period, helping traders see trends more clearly and reducing market noise.
What are Heikin-Ashi Candles?
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What is a coin?
This theory explains price movement as a series of auctions where buyers and sellers compete, with price seeking balance between supply and demand over time.”
What is market auction theory?
This occurs every day of the trading week from 8:30 AM CST to 10:00 AM CST.
What are premium live trading sessions?
Traders often wait for price to pull back a specific portion of a prior trend before entering a position, aiming to maximize reward while minimizing risk. This technique identifies the most favorable entry zone within the overall trend.”
What is OTE/Optimal Trade Entry?
After a string of winning trades, this psychological bias can make traders take excessive risk because they believe they can’t lose.”
What is overconfidence bias/ overconfidence?
This advanced candle signal appears at key levels and often tricks traders into taking the wrong side before reversing sharply, usually marked by a long wick through liquidity.
What is a liquidity grab or stop hunt?
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What is Mount Everest?
This strategy involves opening trades in opposite directions or using different instruments to reduce risk and protect against potential losses in the market.
This is the channel where you can learn about the creator of the server and their qualifications.
What is the about us channel?
Traders often notice this when a strong move starts producing smaller candles, weaker momentum, or failing to reach prior structural levels, hinting that the current trend may be ending or pausing.
What is trend exhaustion?
When the emotional impact of a loss is stronger than the pleasure of an equivalent gain, traders may make irrational decisions to prevent that loss. This psychological bias is called what?
What is loss aversion?
This powerful reversal pattern consists of three consecutive bullish candles (or bearish for its opposite) indicating a strong trend continuation.
What is Three White Soldiers or Three Black Crows?
This occurs once in a "minute", twice in a "moment", but never in a "thousand years". What is it?
What is the letter M?
This type of trading involves buying and selling standardized contracts that obligate parties to transact an asset at a predetermined price on a future date, allowing traders to speculate or hedge without necessarily owning the underlying asset.
What is futures trading?
This is the easiest way to achieve higher levels within the discord community. (Don't overthink it)
What is reacting?