A day ago, I released the " Leveraged Share Decay " indicator for those who trade or invest in leveraged shares. What the indicator does is it tracks the consistency of returns and the rate of decay of a leveraged share against its benchmark. Leveraged shares tend to be seen as "risky" and grouped into the "option-esque" category of trading. From my experience...
Forex trading, also known as foreign exchange trading, buys and sells currencies to make a profit. It is the largest and most liquid financial market globally, with trillions of dollars traded daily. The forex market operates 24 hours a day, five days a week, allowing traders worldwide to participate.
The Importance of Patience
🕰️ Patience is a fundamental...
Welcome to "Thinking in Pine" short video series on the topics of Pine Script.
Today's discussion point is debugging and tools that Pine script provide us to debug our programs.
🎲 Points Discussed
Debugging using `plot` for numerical series values.
Using Pine Logs to debug for cases where `plot` is not suitable
🎯 Example Program - Debugging using...
In the complex world of forex trading, a myriad of factors contribute to the ever-shifting landscape of exchange rates. Among these, geopolitical risks stand out as potent catalysts capable of triggering significant fluctuations in currency values. This article delves into the intricate relationship between geopolitical events and forex markets, exploring how...
Introduction to E-mini S&P Futures
E-mini S&P Futures stand as a testament to the intricate dynamics of financial markets, capturing the essence of broader economic trends and investor sentiment. As we navigate through 2024, these futures face a situation reminiscent of the prelude to the 2008 global financial crisis. This article embarks on a journey to analyze...
Hello Forex traders. Today we are going to talk about the concept of Volatility in the Forex market. We will talk about what it is, what volatility depends on, and most importantly how we can use this data to build and improve our own trading strategies and, as a result, get more profit from trading.
What Is Volatility?
Volatility is the range of price changes...
Why is it that when you feel that you should buy and you buy, the price goes down, and when you feel that you should sell, but do not open an order, the price immediately and sharply goes down? Murphy's Law? What should I do with my inner voice? Should I tell it to shut up or listen to it?
In various sources, one can often find completely opposite opinions about...
Easily receive and execute strategy alerts from TradingView. This tool enables automatic market order placements based on TradingView alerts and supports integration with third-party services via webhooks. It also provides the flexibility to run multiple strategies/markets simultaneously.
Source code: github.com
Conditions
A computing device (Cloud service,...
We are almost done with the first week of the year 2024, and still, my 3 open swing positions are holding up.
Currently, if I close all these 3 positions now, the results will generally GAIN.
I will keep holding this as long as the market does not hit my SL and TSL.
Happy Trading everyone in this Community!!!
My partner @Mayfair_Ventures and I like innovation, but we have been sceptical of bot-driven trading. This if for one simple reason. If it was available and consistently profitable, then someone would be doing it, then others would find out, then everyone would be doing it. No one would need a job.
If you know about chaos theory, then you'll recognise trading as...
You are about to learn about the range of challenges and dangers that can make it difficult or even impossible for you to succeed in the market. Remember: it is believed that most traders do not make money! I want you to familiarize you with these challenges today. We will look at them in more detail later. Getting to know yourself and your "opponent" is the first...
Hello All,
Welcome to another session of "Thinking in Pine" - short video tutorials on Pine Script.
Before continuing with this video, if you are not familiar with var, varip and regular variables, please watch our previous video - "Thinking in Pine - var, varip and regular variables"
🎲 Today's discussion points
How var, varip and regular variable...
Happy new year to all @TradingView users
A new year is often regarded as new and fresh beginning, the start of something new, i hope this is the year we excel and reach the kind of success and profitability we all long for and if you have reached it i hope to get the wisdom to maintain and improve on it.
here are some things to leave behind in 2023 that can...
I was off work one day, and my wife was busy with her job. I took care of our home, did chores and even took the kids out to eat. In the evening my wife came home and I decided to sit down to play some video games.
Seeing this, she asked, "Were you playing video games all day?" I was surprised. That woman, how could she? I was doing housework and taking care of...
Sorry for sound quality, better quality on yt
☝️Dear traders, no one here has superpowers, and I'm just a human after all. Please take everything with a grain of salt. I'm sharing my view and one of the possible scenarios of price action, but mostly - my direct experience. When I enter I try to predict as little as possible and actually follow what the market is...
Happy New Year Everyone 2024:
Let's first talk about CHFJPY then we will talk about how you can improve and learn some tips.
CHFJPY in last six or seven months price overbought heavily due to JPY poor performance and government's zero intention to interfere in the market. However, many reports suggests that JPY will likely to be rebound in first quarter of 2024...
