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    [Tips] Simple But Effective Technical Analysis Tips

    Scheduled Pinned Locked Moved Technical Analysis & Charting
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    • CryptoKasC Offline
      CryptoKas
      last edited by CryptoKas

      Hey everyone! I wanted to drop some no-nonsense TA tips that have really leveled up my trading. These are easy to remember and actually work. Feel free to add your own tweaks! 😊

      1. Start with the Trend

      • Always check a higher timeframe (4H or Daily) first.
      • Trade only in the direction of that trend on your execution chart (1H/15m).

      2. Draw Clean Trendlines

      • Connect at least two swing highs (downtrend) or two swing lows (uptrend).
      • Extend the line forward—wait for price to respect it twice before trusting it.

      3. Use a Single Moving Average Filter

      • Add a 50-period EMA to your chart.
      • Bias longs only when price is above the 50 EMA; shorts when it’s below.

      4. Measure Volatility with ATR

      • Use ATR(14) to size your stops.
      • A good rule: SL = 1.5 × ATR from your entry point.

      5. Look for Confluence

      • Entry zones are stronger when multiple elements align:
        • Trendline touch
        • Moving-average support/resistance
        • A Fibonacci retracement level

      6. Wait for a Confirming Candle

      • Don’t chase wicks—enter only after a full candle closes beyond your level.
      • Bullish engulfing or pin-bars are great confirmation patterns.

      7. Keep Position Size Conservative

      • Risk no more than 1–2% of your account per trade.
      • That way one loss won’t derail your month.

      8. Journal Every Trade

      • Note date, pair, timeframe, setup, entry/exit, outcome and lesson learned.
      • Review weekly to spot strengths and weaknesses.

      Give these a try on your next session—consistency beats complexity!

      AliceincryptolandA 1 Reply Last reply Reply Quote 0
      • CryptoKasC CryptoKas pinned this topic
      • AliceincryptolandA Offline
        Aliceincryptoland @CryptoKas
        last edited by

        @CryptoKas

        Love this! Tip #4 on ATR-based stops saved me from a bunch of false breakouts last week 👍

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        • Bob_The_TraderB Offline
          Bob_The_Trader
          last edited by

          Great starter pack! I’d also add: use volume profile when possible. High-volume nodes make killer support/resistance zones.

          1 Reply Last reply Reply Quote 0
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