Aksel Kibar, CMT
@TechCharts
Chartered Market Technician (CMT) and Classical chart trader. Ex-Fund manager.
📈 ➡️
📺 ➡️
452 Following 190.9K Followers
Stop-limit orders in a fast moving market can help you maximize reward/risk. This specific order management can also become a tactic for those who do not mind lower win% for a much higher reward/risk.
A consistent way to remove uncertainty from your trading.
As usual, thanks, Aksel. I use logarithmic charting for things like the crypto market or very long-term stock market. In futures, I use log scale to measure downside targets, but numeric scale to measure upside targets.
Show more
Chart patterns are actually areas of consolidations.
Long-term charts are powerful.
#TECHCHARTSMEMBERS# Scheduled for Monday 9th is the special #cryptocurrency# report.
#TECHCHARTSMEMBERS# Breakouts page and pattern reliability numbers will be updated later on Sunday.
Learn more about the reversal candlestick patterns around support and resistance levels. Signals can be useful in your chart pattern trading. (best viewed with chrome browser)
Show more
Nobody conquered us. We signed.
Imagine a librarian whose books helped train an AI. It gets the history of her town wrong. Can she correct it, or does she now pay to read its answer?
Digital Colonies, a history written from 2036.
Show more
Analyze your winners. Did you exit too early? Taking profits too early can damage the profitability of a system.
As momentum/breakout traders we need to be indifferent on the possible direction of the price action.
We need as much as possible uninterrupted directional movement. Choppy markets are where the breakout strategy struggles.
This rectangle could have broken on the upside, the way to take advantage of the directional move would have been the same.
Show more
What do we mean by asymmetric reward/risk?
Read more about different Types of breakouts and what they mean for your risk management.
Read more about different Types of breakouts and what they mean for your risk management.
$DXY It is possible that the hard re-test of 101.8 is completing with a bull flag.
#TECHCHARTSMEMBERS# Latest #GLOBAL# #EQUITY# #MARKETS# report is sent out.
6 new breakout/breakdown #alerts#
7 additions to #watchlist#
Logarithmic scale charting...
What do we mean by asymmetric reward/risk?
Symmetrical triangle as a bullish continuation. This is the only diagonal breakout I take into consideration. All other chart patterns are breakouts through horizontal boundaries.
Show more
#TECHCHARTSMEMBERS# Latest #GLOBAL# #EQUITY# #MARKETS# report is sent out.
6 new breakout/breakdown #alerts#
7 additions to #watchlist#
