OANDA:XAUUSD The main purpose of gold nowadays is to create a so-called "gold reserve" to preserve the purchasing power of owner's wealth in challenging situations in the world, such as wars, economic recessions or even coups. Let's ask ourselves a question. Has gold ever been worthless ? If we'd look back in history, the beginning of using gold dates back...
It is apparent that your interest in trading stems from a desire to transcend the conventional 9 to 6 work regimen or to establish an additional revenue stream for enhanced financial stability. Regardless of the impetus, trading imbues one with a sense of hope—a hope for attaining financial autonomy and catering to the exigencies of one's familial...
As we zoom in on the intricate details of this Bitcoin chart, we’re essentially time traveling through the life story of a revolutionary currency. This isn't just a tale of wild price swings; it’s a deep dive into how Bitcoin has weaved itself into the fabric of global finance. We've seen it grow from a digital seedling into a towering tree in the financial...
Artificial Intelligence (AI) is revolutionizing the world of trading, offering new tools and capabilities to both novice and experienced investors. TradingView, a popular charting platform, integrates several AI-powered features to enhance your trading experience. AI-Powered Data Analysis: Effortless Pattern Recognition: TradingView's "All Chart Pattern"...
I recommend to stop trading who loses too much. Instead you can run AI trading bot in OKX platform. My referral okx.com 1) Choose Future DCA Martingale 2) Go to AI strategy tab 3) Choose ETHFI/USDT perpetual (with other pairs you should put big amount, but with like ETHFI, TON you can only put around 30 coins) 4) Choose Mid-term moderate bullish (Short-term...
Hello Fellow traders! Welcome to another bite sized Mini series on forex! I hope that these info can open up your interest in forex trading and understand more about forex market! Trading in the forex market offers various opportunities for investors to capitalize on currency price movements and profit from exchange rate fluctuations. One of the most common...
...one of the secrets of why the best are the best HOW TO DEAL WITH INTERNAL CONFLICTS THAT BLOCK SUCCESS AND TAKE MONEY AWAY FROM TRADERS? For professional traders, a key element in their success is their state of mind, the so-called "zona" first described by Mark Douglas in his book "Trading in the Zone." It took quite a while to understand two key things -...
the euro is looking to clear the previous higher high to make way for a run to 1.08336, for that to occur the EURUSD pair should close above 1.07790 n reject it from above however is the dollar gains momentum the EURUSD pair will be looking to clear the lower high created this morning of 1.07689 to clear the 1.07445 and test 1.07270 for the remainder of the week
True support and resistance is found in the meat of the move, not at the extreme highs and lows. To find it, Simply draw a zone or box and look for the place that price touches the most, and then pay attention to what happens afterward. In this lesson, I set up a trade plan and show how a Wash and Rinse structure at the pivot of a swing uses the most touches to...
This is the first in a series of posts on Gaps. Gaps are a sudden supply/demand imbalance that shows up in the price bars of a chart, It's the expansion that comes after a contraction. Gaps will show us a significant area of buyers/sellers that take control and when they lose that control. In the video, I discuss and define a Wide Range Bar (WRB) Gap and show how...
In this video, I set up a trading plan and introduce a trend line exercise you can practice in any market and in any time frame. There is no one right way to draw a trend line, it's a matter of function and what you are trying to see. We will be drawing a trend line off two relative (same size swings). This will identify the footprints of organized volatility on a...
This video showcases two custom TradingView indicators: Inflation Deflator & Make That Money. Random chart. Random start. Replay. I show how to best use these indicators and implement supply/demand zones for SL/TP.
Three Steps to Achieve Your Dream Ride Quickly: How to Turn Trading into Your Ticket to a Lamborghini Have you ever dreamt of cruising down the streets in your dream car, a sleek Lamborghini? Perhaps you've considered whether this dream could be more than just a fantasy, but a tangible goal within reach in a few months? If so, then join us as we explore a...
I like to say… Go where winners thrive and excuse givers die! If you’ve ever uttered the following phrases below – I urge you to stop saying them from today. And when you do utter these below phrases, you’re going to manifest losing, despair and hopelessness. But it’s not your fault. It’s the conditions and echo of amateur traders – that other traders listen...
Narratives its not a trend. The first investors who track and find the narrative and start buying tokens in this sector will make a good money, if theyll out in a right time. In the previous bull market, it was not difficult to see the DeFi narrative. Users wanted to see decentralization in everything: exchanges, stablecoins, wallets, landing pages, etc. Later,...
This is a short HOW-TO on using the Trade-o-Scope "Multi-Asset Price Tracker" indicator
This is a short HOW-TO on using the Trade-o-Scope "Highlight Intervals" indicator
Market Data: In March 2024, a total of 9,095 tickers were traded. The top-traded ticker, NVDA, with a trading value of USD 1.098 trillion, accounted for a significant portion of overall activity. The top 5 tickers (NVDA, SPY, QQQ, TSLA, AMD) collectively represented 22.4% of the total trading value. The top 100 tickers (including 30 ETFs and 70 stocks) accounted...