Forwarded from VIP PREMIUM
‼️ Mistake: confusion between systemic drawdown and bad trading
This is one of the most devastating mistakes even experienced traders make.
▸ Situation:
You have a series of losing trades, you look at the chart and there is only one thing in your mind: "Something is wrong". Your hands reach for system settings, for increasing volumes, for new indicators. And sometimes - to another strategy altogether.
⠀
❌ And this is where the key mistake happens:
You don't try to figure it out, you just want to avoid discomfort.
🥇 What's the difference:
Systemic drawdown - is when the market is failing. Your system is working out according to the rules, but the setups aren't getting follow-through. This is normal. Even the best algorithms have down periods. That's part of the statistics.
Bad trading is when you:
- break the rules of the system
- enter impulsively
- remove SL
- take entries without confirmation
⠀
⚠️ The main thing is not to confuse one with the other.
If you work systematically, fix every trade, follow PMs - the drawdown is temporary, and it is predictable within the model. If not - you just flounder and ruin everything you built.
📖 What to do:
Start a trade journal, record every deviation from the plan, teach yourself to sit back and wait calmly when the market won't let you
Remember: sometimes the best trade is the trade you didn't open
Discipline is when you don't change the system to suit your mood. And you trust it even in a difficult period. Because long distance is not about winning every day. It's about sustainability.
This is one of the most devastating mistakes even experienced traders make.
▸ Situation:
You have a series of losing trades, you look at the chart and there is only one thing in your mind: "Something is wrong". Your hands reach for system settings, for increasing volumes, for new indicators. And sometimes - to another strategy altogether.
⠀
❌ And this is where the key mistake happens:
You don't try to figure it out, you just want to avoid discomfort.
🥇 What's the difference:
Systemic drawdown - is when the market is failing. Your system is working out according to the rules, but the setups aren't getting follow-through. This is normal. Even the best algorithms have down periods. That's part of the statistics.
Bad trading is when you:
- break the rules of the system
- enter impulsively
- remove SL
- take entries without confirmation
⠀
⚠️ The main thing is not to confuse one with the other.
If you work systematically, fix every trade, follow PMs - the drawdown is temporary, and it is predictable within the model. If not - you just flounder and ruin everything you built.
📖 What to do:
Start a trade journal, record every deviation from the plan, teach yourself to sit back and wait calmly when the market won't let you
Remember: sometimes the best trade is the trade you didn't open
Discipline is when you don't change the system to suit your mood. And you trust it even in a difficult period. Because long distance is not about winning every day. It's about sustainability.
Forwarded from Account management (VIP)
✔️Today Profits of our Accounts Management Service
👍Closed trades👌
🏆Alliance Forex Signals Team 🏆
👍Closed trades👌
🏆Alliance Forex Signals Team 🏆
Everyone should send they wallet address for weekly today's payouts !
💎Todays payout has just kicked off🤩
All the Account management services members should confirm the usdt trc20, ETH and BNB address we registered them with so we can send your weekly payout !
More information should contact admin 👉 https://wa.me/message/JTQKO5HH5BZKK1
All the Account management services members should confirm the usdt trc20, ETH and BNB address we registered them with so we can send your weekly payout !
More information should contact admin 👉 https://wa.me/message/JTQKO5HH5BZKK1
WhatsApp.com
forex trading
Business Account
Forwarded from VIP PREMIUM
Thanks for trusting 🙏
Payouts complete ✅
Payouts complete ✅
Forwarded from VIP PREMIUM
⚡️Head and Shoulders Pattern in Trading
The Head and Shoulders pattern signals a potential trend reversal, indicating a shift from an uptrend to a downtrend. It forms when the price creates three peaks: a higher peak (head) between two lower peaks (shoulders). Once the price breaks below the neckline, a strong downward move often follows.
⚪️ Shoulders and Head: The price forms a higher peak (head) between two lower peaks (shoulders), showing an exhausted bullish trend.
⚪️ Neckline Break: When the price breaks below the neckline, it signals that the buyers have lost strength and the market may shift to a bearish trend.
🔴 This pattern helps traders identify a good entry point for a short position after the neckline break.
The Head and Shoulders pattern signals a potential trend reversal, indicating a shift from an uptrend to a downtrend. It forms when the price creates three peaks: a higher peak (head) between two lower peaks (shoulders). Once the price breaks below the neckline, a strong downward move often follows.
⚪️ Shoulders and Head: The price forms a higher peak (head) between two lower peaks (shoulders), showing an exhausted bullish trend.
⚪️ Neckline Break: When the price breaks below the neckline, it signals that the buyers have lost strength and the market may shift to a bearish trend.
🔴 This pattern helps traders identify a good entry point for a short position after the neckline break.
Forwarded from VIP PREMIUM
📊 CHART TYPES
Every trader reads the same market - but through different lenses. Your chart type defines how you see liquidity, structure, and manipulation.
LINE CHART
🟢 Connects closing prices only - filters out noise, wicks, emotions.
🟢 Great for defining macro bias, trendlines, and clean S/R zones.
❗️ But: hides liquidity grabs and false breakouts. What looks clean might be a trap wick on candles.
Best for: top-down analysis on D1/W1, clean structure mapping, correlation studies across assets.
BAR CHART
🟢 Each bar shows Open, High, Low, Close (OHLC) - efficient, detailed, no fluff.
🟢 Helps identify where the close sits within range - momentum or rejection.
🟢 Used by systematic and institutional traders for its precision.
❗️ Less visual clarity - hard to “feel” flow compared to candles.
Best for: backtesting, break-and-retest confirmation by closes, mechanical trading systems.
CANDLESTICKS
🟢 Each candle tells a story:
Body = control, Wicks = rejection, Shadows = liquidity.
🟢 Visual and intuitive - traders read market psychology candle by candle.
🟢 Patterns like pin bars, engulfings, and dojis reveal where orders fight.
❗️ But: too many traders chase candle patterns without context - every wick means nothing outside the higher-timeframe narrative.
Best for: entries and exits on H1–M5, visualizing liquidity sweeps, reading order flow
Every trader reads the same market - but through different lenses. Your chart type defines how you see liquidity, structure, and manipulation.
LINE CHART
🟢 Connects closing prices only - filters out noise, wicks, emotions.
🟢 Great for defining macro bias, trendlines, and clean S/R zones.
❗️ But: hides liquidity grabs and false breakouts. What looks clean might be a trap wick on candles.
Best for: top-down analysis on D1/W1, clean structure mapping, correlation studies across assets.
BAR CHART
🟢 Each bar shows Open, High, Low, Close (OHLC) - efficient, detailed, no fluff.
🟢 Helps identify where the close sits within range - momentum or rejection.
🟢 Used by systematic and institutional traders for its precision.
❗️ Less visual clarity - hard to “feel” flow compared to candles.
Best for: backtesting, break-and-retest confirmation by closes, mechanical trading systems.
CANDLESTICKS
🟢 Each candle tells a story:
Body = control, Wicks = rejection, Shadows = liquidity.
🟢 Visual and intuitive - traders read market psychology candle by candle.
🟢 Patterns like pin bars, engulfings, and dojis reveal where orders fight.
❗️ But: too many traders chase candle patterns without context - every wick means nothing outside the higher-timeframe narrative.
Best for: entries and exits on H1–M5, visualizing liquidity sweeps, reading order flow