Introduction Market analysis has long been the cornerstone of financial decision-making, offering insights into market trends, asset valuation, and investment opportunities. Traditionally, this analysis has relied on a combination of statistical methods, fundamental analysis, and expert judgment to interpret market dynamics and forecast future movements....
Trend lines are the simplest and most basic concept of technical analysis. It is also, paradoxically, one of the most effective tools. Since almost all price patterns require the use of trend lines, the latter are the basic element of both pattern definition and its use. Now we will discuss what trend lines are, how to work with them and how to determine whether...
Option Trading work based on a contract that gives the buyer the right to buy or sell a certain asset, at a predetermined price (strike price) within a certain time period. A very simple task, but is there a clear technical analysis method that can provide consecutive wins? This post is not trading advice, just a statistical hypothesis test. I will try in...
In the bustling realm of Forex, a single minute carries an abundance of activity, steering markets through rapid fluctuations and intricate maneuvers. Understanding the flurry of events that unfold within this brief window is pivotal for traders aiming to capitalize on these micro-movements. This article provides an insightful exploration into the dynamics of a...
From the experience I have in trading I have identified 3 pillars on which my success is based. I can't say that one is less important than another, so I try to combine all of them: 1) Psychology - is one of the most difficult aspects to master, which requires a lot of theoretical and practical knowledge, so I recommend first of all to study yourself, after you...
Updated Watchlist: www.tradingview.com Our Strategy: 🔍 Cathy Wood and Mark Minervni - Combining the BEST of both WORLD's. Ever wondered what happens when you marry the visionary investment approach of Cathie Wood with the precision of Mark Minervini's swing-trading techniques? Look no further. We've crafted a strategy that brings together the best of both...
Inducement is the most popular phenomenon in the smart money concept, but most traders don't know how to label it properly and what its definition is. This post will definitely improve your ability to pinpoint the exact location of the inducement and how to use that inducement to your advantage. What is Inducement? Inducement is labeled IND on the chart,...
Anchoring bias is a psychological trap that subtly influences decision-making in forex and gold trading. This cognitive bias anchors traders to specific reference points, hindering rational analysis and leading to skewed perceptions. In this article, we'll explore the pervasive impact of anchoring bias in trading, shedding light on its effects and strategies to...
Greetings, esteemed members of the @TradingView and all Vesties out there! The Pyramid of Trading Success, a conceptual model designed to guide you through the essential principles and steps for success in the dynamic trading world. This pyramid serves as a roadmap, helping you build a robust foundation and ascend to proficiency and profitability in your trading...
Video tutorial: • How to identify downtrend and uptrend line • How to draw parallel channel correctly • Confirming a change in trend (using trendline itself) • Managing positions with parallel lines - Profits - Risks - Knowing its volatility Micro Natural Gas Futures & Its Minimum Fluctuation 0.001 per MMBtu = $1.00 Code: MNG Disclaimer: • ...
Embarking on a journey to become a professional forex trader requires a solid understanding of various key topics. Whether you're a beginner or looking to enhance your trading skills, mastering these 15 forex topics will set you on the path to success. Let's dive into the essentials! 💪 1. Understanding Forex Basics 🌐 - Learn the basics of currency pairs,...
If you find it hard to press the trigger, you may be suffering with… Trading procrastination. This is definitely a major hurdle with trading well. The good news is that, this is a temporary problem that you can fix today. With the right strategies and mindset, you can overcome this challenge. I have a few ways you can stop procrastinating. #1: Choose Your...
I am pleased to introduce a robust long-term strategy that seamlessly combines performance with an enticing risk profile. This strategy involves strategically investing in ETFs indexed on the S&P 500 and ETFs backed by physical gold. Let's delve into the rationale behind selecting these two assets: S&P 500: 1. Automatic Diversification: Instant exposure to a...
In this article, I want to talk about the interesting similarities between trading and detective work. Like detectives solve mysteries to find the truth, traders explore the market to understand patterns and make smart decisions. 1️⃣ Gathering Clues: Both trading and detective work rely on the acquisition of timely and relevant information. Traders stay...
We entered 2023 with a pessimistic consensus outlook for U.S. economic performance and for how rapidly inflation might recede. As it happened, there was no recession, and personal consumption posted sustained strength. Inflation, except shelter, declined dramatically from its 2022 peak. The big economic driver in 2023 was job growth. Jobs had recovered all their...
Are you stuck in a trading rut? Have you thought to yourself. You have all the knowledge, tools, skills, strategies etc… And yet you don’t believe you’re getting the trading results you expected? I think it’s because of the ‘Procrastination Gremlin”. It’s a common issue. For three years during my trading career I was a mass procrastinator. I never took trades...
Bullish and bearish flag patterns are common patterns in forex that are used by traders to determine potential price movement in a trending market. These patterns can provide clues about market sentiment and help us make informed decisions about when to enter or exit a trade. It should be remembered that this pattern is a continuation pattern, not a reversal...
Welcome to our video where we talk about the best way to spread out your crypto investments. We'll break down the key ideas and important things to think about when deciding where to put your money in the ever-changing world of cryptocurrencies. If you have any questions Feel Free to reach out!