Hope this explainer is helpful for any AltReports Newsletter readers who are not familiar with PMI. I'm not an economist and I'm not providing financial advice and I'm always ready to be wrong. And I'm sure you'll tell me in the comments if I am 😆!
Hello, At this time you may buy Bitcoin below the lower indigo band of Bad Ass Bollinger Bands and sell above the white upper band. In the future you can come up with your own trading strategy by looking at the BBB indicator and finding the points on the indicator where buying is optimal. For instance like I said now is the time to buy below the lower indigo or...
The thing that catches most traders out is they don’t know what zone will hold, that’s why it’s always best to wait for the higher time frame zone to be mitigated, wait for the break of structure to confirm the trend is changing, then execute. Wait for confirmation ☑️
As of last year, the top 3 most well-known coins - Bitcoin, Ethereum, Dogecoin - have all become "predictable" in terms of its coin supply. BTC has always had a fixed supply cap, ETH has become aggressively deflationary after its EIP-1559 upgrade started "burning" its supply, and Dogecoin is technically "disinflationary" since the rate at which the protocol issues...
How to buy the dip with Cosmic Markers and Cosmic BB SR ? Buy when Cosmic BB SR forms a new "S Level" while Cosmic Markers prints red dots (😎)
What Is an Imbalance of Orders? An forex imbalance of orders exists when there are too many (either buy or sell) orders of a listed pair that cannot be fully matched by the opposite order on an exchange. This applies to either buy, sell, or limit orders. An imbalance of orders is also referred to as an "order imbalance." Good news would increase the demand (buy...
In continuation of my previous post I would like to share techniques for developing discipline. Again, this is just a skill that can be developed. It is not a personality trait or something you are born with. We all want to be professional and achieve our financial goals, so it's worth making the effort. Self-discipline is a word used to describe a process of...
Venus flower and pink heart rose There are interesting mathematical relationships between Venus, Earth and the Sun. For example, for every 5 synods of Venus, 8 Earth years and 13 Venus years pass (5 x 584 = 2,920; 8 x 365 = 2,920; 13 x 224 = 2,912 days): the first 7 numbers of the Fibonacci sequence are 1, 1 , 2, 3, 5, 8, and 13. (The total is 33, the number of...
One of the biggest problems that I faced at the beginning of my trading journey was recognizing the market cycle. I have seen people who have spent a lot of time and effort learning candlestick patterns, but know that without understanding the market cycle, even the best patterns will fail. The graph above can help you to first find the market cycle and then...
Although Elliott Wave Theory is vast subject and needs in depth study, I'm sharing a cheat sheet for those who have started to learn about the same. This should help them in understanding things better. Also, try to correlate the cheat sheet with Nifty50 daily chart and be amazed to see how nicely the Elliott wave principles were followed there in the recent...
Hey traders , is it drawdown . The account drawdown is the highest observed loss from the highest value of the deposit to the lowest value of the deposit at a certain period of time . Imagine you started to trade with 10,000 $ account . At the end of the year , your account size reached 15,000 $ . 1 However , at some point through the year the deposit value...
Hello my Fellow TraderZ, Today this is not any Trade idea but a TUTORIAL on how to Trade the RANGE or the CHANNEL. This is simple, safe, profitable and straight forward Price Action strategy. Here we are taking the chart of US Govt. Bond 10Y-yield. This is the perfect setup of DECENDING CHANNEL on MONTHLY chart. No time bound you can trade at any TIMEFRAMES,...
Hey traders, In my videos, I frequently use the term "drawdown". Many of you asked me to explain the meaning of that term and share some examples. The account drawdown is the highest observed loss from the highest value of the deposit to the lowest value of the deposit at a certain period of time. Imagine you started to trade with 10,000$ account. At the...
words in word find: bear bull buy chart entry exit forex london long loss ny pair pip plan price sell sydney time tokyo trade win
So, I haven’t done any kind of overly insightful post that is not specific to stock analysis in a long time. Reading through comments and the questions I receive from people led me to want to do this post, and this comes at the whole options vs share debate. For the most part, people on TV tend to seem to be really into options but still have many questions. I...
Find something people will need or use in the present/future. I'll use bepro for an example. Use only monthly charts, with candlesticks (long term data) with a couple basic indicators. Mainly Stochastic rsi. I use squeeze momentumn also. If the stochastic rsi is below 0 on a monthly chart. That's great. Looks about 0.35-0.5 on the monthly chart for my...
Welcome back to the coffee shop everybody. This is just a quick update to the csc-HARSI indicator, And a video to show you how you can use its indications to draw your trend lines so you know when your price or trend is broken. So if you already have the csc-HARSI on your charts go ahead and delete it from your chart and then go through tradingview indicators and...
Ladies and gentlemen, let humility be your friend and let psychology be your tool. Enjoy the knowledge and transparency. Happy Trading! "Patience, is you laughing with time, impatience is time laughing at you." Andrew P. Dubois