We have two channels with which we perceive the world. The first (customarily attributed to the left hemisphere) is the analytical channel - the stream of thought, we usually think is rational. The second (customarily attributed to the right hemisphere of the brain) is the emotional channel. We perceive what is happening around us emotionally. We can better...
Three golden rules of trading 1. Learn when to stay out of the markets. This comes from the principle that it’s almost always good to do the contrary of what beginners do. Think for yourself, beginners tend to always search for an entry and predict any kind of price action, even the choppiest one. The truth is, sometimes markets are in condition when it’s just...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- Basic trading method (How to purchase) 1. Aggressive buying when falling by more than -10% 2-1. Buy when there is an upward trend on the 1D chart (when the price is maintained above the MS-Signal...
Riding the Waves: Mastering Trendline Trading in Forex and Gold 📈✨ ✅Trading with trendlines is a fundamental technique in the world of forex and gold trading. Trendlines help traders identify the direction of the market and potential entry and exit points based on the prevailing trend. In this comprehensive guide, we will explore the art of trading...
Welcome to "Thinking in Pine" short video series on the topics of Pine Script. Today's topic is handling the error - "The study references too many candles in the history" and other bar_index related issues. If you are not familiar with Pine Script time series concepts, please go through our previous videos. Thinking in Pine - Time Series Thinking...
Today, we delve into the crucial market phases, focusing on the dynamics of accumulation and distribution, along with the concepts of BOS (Breakout of Structure), Sweep, Range, and Liquidity. Understanding these phases is essential for developing an informed trading strategy and improving trading decisions. The market goes through various phases, such as...
Price broke below the KL but the next 30 minute candle closed back above, indicating a small liquidity grab for price to move back up. CPI was to follow and as the next hourly candle broke the previous high, buys were entered with us anticipating CPI to drive price back up to the next KL. Secured some profits there, and left a runner to target the KL at 1.26900.
Alternative Data ADs provide a better picture of a company's situation, raw materials, currencies. It also allows us to assess the "current state" (nowcasting) of significant indicators. Those data make trading signals better, more precise, less risky and more profitable. It is a revolution accompanying the AI revolution and even preceding it. In my opinion, it...
The video is long, feel free to use speed settings :) Thanks for your interest in the last post about the Major mistakes traders do. Now let's talk about coping emotionally with losers. This is Part 1. 📖We all know this feeling, it feels awful, hopeless like something very valuable has been taken from us, like it destroys our work and plans and it feels BAD. Who...
Took on the Apex challenge to see if i can pass in one day using Time algorithmic trading. I have the confluence on the right of DXY. looking for inefficiency to to be traded into at specific time. if the delivery is delayed there not enough amplitude in the market. Amplitude cause market displacement its volumetric delivery to the commitment of traders at there...
This was powerful we got our delivery right 2:13 I showed the fallacy of not know when they're going to run what it's really about "most likely" every loop proved that the program started looking for inefficiencies with in the time delivery algorithm.
Logarithm. The time interval is 3 days. Cryptocurrency as an example. Cryptocurrency with high volatility (low liquidity) for dump/pump strategy. Primary trend — horizontal channel. Secondary trend — descending wedge. Local trend — consolidation after a wedge breakout. Line chart without “market noise” (volatility, squeezes). Immediately want to...
While charts, trends, risk and reward are our daily companions. Let’s not forget that life’s full of exciting opportunities beyond the trading desk. We are human at the end of the day. And you also need to consider extra elements that will help you propel towards success. Let’s get into the 5 Non trading activities you need to act on. Healthy Lifestyle:...
I'd like to take the time to tell my story and how I started trading. In 2016, I was in the US Navy busting my ass doing manual labor. It was then that I realized that I was tired of working for "the man" and I needed to change how I was going to make money for the rest of my life. I started researching investments and I learned how difficult it was to manage my...
In this article, you'll learn about six of the most critical and "hottest" elements that make up or are associated with AI today. In addition, you'll learn the basics of the tools that will shape the future of trading. First in the biggest and wealthiest funds and then in smaller ones as well. I invite you to take a journey into this near and far future of...
The main purpose of my resources is free, actionable education for anyone who wants to learn trading. Consider following the attached links for improvement of your mental and technical trading skills - learn from hundreds of videos featuring the real story and growth of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad...
Introduction In the complex and multifaceted world of economic indicators, initial jobless claims hold a special place. As a measure of the number of individuals filing for unemployment benefits for the first time, this statistic offers a real-time glimpse into the health of the labor market, which in turn is a vital component of the overall economic landscape....
All participants in forex trading sooner or later leave an open position overnight. Most often, beginners do not have access to impressive sums of money as initial capital, so they actively use leverage. Although it carries a lot of risk, it gives an opportunity to earn good money trading currency pairs in a relatively short period of time. Around midnight,...