What Does FOMO Mean in Trading? FOMO, or the fear of missing out, is a common emotion that traders experience. It is more than just an internet slang term. This powerful phenomenon can have a negative impact on trading decisions, leading to impulsive actions and poor risk management. This FXOpen article explores the psychology of FOMO, discusses how to identify...
I played around with tradingview scripts yesterday to test out some stuff I had on mind Earlier this year I've been talking about Ai and how its shaking things up If you aren't using it yet, start now This vid helps demo how easy it can be
In this video, we explore a high-probability scalping and/or day trading strategy for XAUUSD (Gold), building upon concepts introduced in our previous videos about trading plan development and risk management. This installment focuses on refining entry points for high-probability trades. Initially, we analyze a basic trend continuation strategy on the 4-hour time...
Hi guys, In this video I go through what are "seasonal tendencies", and how you can implement it into your analysis and strategy(ies). Seasonal tendencies in the context of financial markets are basically what the particular market or asset has historically done throughout the years in terms of bullish or bearish movement. For example, in April-May the US...
The indicator in blue represents the Sharpe Ratio of a DCA strategy. In this case, as can be seen on the chart, the DCA Sharpe ratio is 6, while the "regular" Sharpe ratio is 3. This shows that Dollar Cost Averaging strategies can significantly improve risk-adjusted returns.
Hello fellow traders, today I would like to show you how to apply a Kennedy Channeling technique (by Jeffrey Kennedy) to identify and confirm Elliott waves with more confidence. 1. Base Channel:- Wave 3 identification When wave 2 is complete, connect the origin of wave 1 and the end of wave 2. Draw a parallel line along the top of wave 1. As long as price...
One key pivotal change of my trading is being able to learn from my mistakes and continually re-tweak my trading when I learn from my mistakes. Have a watch of the trade recap where key lessons will be learn such as: Giving your trades a second chance Minimising a loss.
The double bottom pattern is a technical analysis chart pattern that appears during a downtrend and indicates a possible trend reversal. It is formed by two consecutive lows that are approximately equal and separated by a peak in between LIKE SHARE FOLLOW US
Technical Analysis Report: Advanced Trading Strategies Using Multiple Indicators Introduction: In this educational video, a comprehensive approach to technical analysis is presented, focusing on the identification of trend reversals and entry points in the market. The strategy incorporates a diverse set of indicators and concepts to enhance trading precision and...
Technical Analysis Report: Advanced Trading Strategies Using Multiple Indicators Introduction: In this educational video, a comprehensive approach to technical analysis is presented, focusing on the identification of trend reversals and entry points in the market. The strategy incorporates a diverse set of indicators and concepts to enhance trading precision and...
Technical Analysis Report: Advanced Trading Strategies Using Multiple Indicators Introduction: In this educational video, a comprehensive approach to technical analysis is presented, focusing on the identification of trend reversals and entry points in the market. The strategy incorporates a diverse set of indicators and concepts to enhance trading precision and...
Technical Analysis Report: Advanced Trading Strategies Using Multiple Indicators Introduction: In this educational video, a comprehensive approach to technical analysis is presented, focusing on the identification of trend reversals and entry points in the market. The strategy incorporates a diverse set of indicators and concepts to enhance trading precision and...
█ Overview Welcome to the getting started page dedicated to my automated trading strategy Cyatophilum Bands, which is in continuous development. The strategy principle is to identify consolidation areas, catch breakouts and ride the trend as long as possible. █ Trade examples Breakout from Tight Consolidation Price consolidates within a narrow range...
1) Fundamental analysis. fundamental analysis focus mainly on micro and macro event that will control market situations in the present and in the future. it includes various events in economic calendar like PPI CPI NonFarm Payroll, Interest rate decisions, and geopolitical senarios like election war climate issues etc 2) Technical analysis. ...
Hello, friends! 👋🏻Today I'll wanna share with You my knowledge about channel trading strategy. ❗️ Channel Trading Strategy ❗️ is a classic form of trading in both crypto and other markets. This is a trend trading strategy , so accuracy and safety are very high. Today, I will present all of you about the Channel pattern and how to trade with it in the...
As a beginner in forex trading, there are three main basic factors you should focus on learning: 1). Understanding the Forex Market: *). Currency Pairs: Learn about major, minor, and exotic currency pairs. Understand how currencies are quoted and the significance of the base and quote currencies. *). Market Hours: Familiarize yourself with the forex market...
Candlestick Wick Meaning and Trading Strategies Understanding the subtle cues provided by candle wicks can unlock new dimensions in trading strategy development. These seemingly minor details offer profound insights into market sentiment and price action dynamics. This article delves into the meaning behind candle wicks and explores strategic ways to trade them,...
In this video I cover the topic of "Compound Interest". I go over the WHAT, WHY, WHO and HOW of it. The Importance of Compound Interest in Trading Compound interest is a fundamental concept in the world of finance and trading, offering a powerful mechanism for growing wealth over time. Unlike simple interest, which is calculated only on the principal amount,...