First of all, if you are not initiated with the eastern concept of 'Maya' then go watch The Matrix trilogy. Now, after that if you can understand that Bitcoin is just a fad and eventual fraud, then probably you are someone with 'common sense' which is very rare these days. As couple of decades ago it was cool thing to put 'internet' in your company profile,...
First of all a general Info to Bitmex and why i use it: On Bitmex, instead of paying fees, you can actually get paid for opening and closing trades! This is the case, if you are the market maker. You get paid 0,025% by every position getting filled by another person. The taker fees are also pretty low (0,075% per position). So for a whole trade as maker, you get...
Yesterday Nov 3: RSI oversold aligned with reversal zone, elliot wave correction wave 4 completion & bullish bat target gave us the signal to enter in correction zone. Today: - Fibonacci Extension level 1.618 aligns w/ Elliot wave 5 next leg up target $2 USD Notes: - wait for local high to be broken for entry to ride to $2 USD - watch out for RSI to dip down -...
Apple shares broke out over $170 in aftermarket trading last night and rallied to a new all-time high on earnings and guidance. A flurry of activity on the open is likely on this news, the big question is whether Apple shares can sustain the gains through the day and post a positive weekly close, or if some traders could start to take profits ahead of the weekend....
Hello traders! Let me know if you have any questions in the comment section below and I'll try my best to address them all. I will be posting more examples very soon. - Abdulla
PART 1 Are you tired and exhausted of finding a strategy that works, are you tired of predicting forex markets only to find out sometimes it works and sometimes it doesn't. First of all, you have to see what are your beliefs and you need to verify if you have right beliefs. Many traders think that forex trading is not gambling and to make money from forex you...
Hello traders, I thought of posting a simple chart illustrating upthrusts and springs, as I apply this approach to most of my trading idea. This will help you identify what are the false breakout that occurs and where it usually occurs. What is a Spring? 1. They usually occur late within the trading range 2. Serves the propose of providing market makers with...
Hello traders, I thought of posting an education post to explain in a simple way how I personally read charts using volume and candlesticks. This way my mind is fully focused on the chart without the need for digging and looking for news. Let me know if you have any questions in the comment section below. - Abdulla
Hello there, everyday i look in the chat and i see people making trades based on fomo, chasing price and news and i wanted to bring to life a few steps that i have in place before making a trade. I hope this is helpful! best of luck!
Part 1: WHY MOST people fail The number of people showing interest in Bitcoin and alternative digital assets is growing at an increasingly exponential rate. Some of these people may believe in the fundamentals behind the technology, while others just want to ride the wave of these mammoth sized returns. Then why are most people not making the returns that...
Importance of risk acceptance
Not all insider trading is illegal. In fact, executives of companies buy and sell shares of their own companies every day. While you shouldn't base your investment decisions off of what other people are doing, insider buying can provide you with a list of stock ideas worthy of further research. Peter Lynch, the former manager of the Fidelity Magellan Fund, has one...
WALTHAM, Mass., Oct. 03, 2017 (GLOBE NEWSWIRE) -- Deciphera Pharmaceuticals, Inc. (DCPH), a clinical-stage biopharmaceutical company focused on addressing key mechanisms of tumor drug resistance, announced the closing of its initial public offering of 7,500,000 shares of its common stock at a public offering price of $17.00 per share. The gross proceeds from the...
Many new to trading and investing have trouble sometimes with a TA one day being bull, the next day a bear. Or one being Bull and one Bear in the same day! This not only causes confusion but a rant of comments from those that do no understand the difference. Let me explain as I see attacks through comments not only on my posts but others as well. Pointing out a...
Just read what i wrote above and you will understand what is happening, we are once again experiencing overbought conditions. Don't forget this is not a currency and not a commodity, it won't go that down.
Hello Traders, In this article, we want to talk about some educational stuff because we see so many people losing in trading. How many months or even years are you in trading? 2 months? 6 months? Or even a year or more? Most of you out there who read this article might try to find out why they make the one-day profits and the other day lose it all again. We did...
News this morning - Tesco H1 18 Earnings Results: Revenue: GBP28.3B (est GBP27.62) Dividend: 1p and UK LFL Sales Up 2.2%. Two members of Tesco's financial team resigned in 2014 because they were concerned that their professional integrity was being compromised by what they were being asked to do by their bosses, a court heard on Yesterday. Now we have cleared...
We may see a test of the highs, but the most recent value are is my first target. One we get there look at the candles for more clues, but for now we move higher!