In one of my first posts , I talked about the main idea of my investment strategy: buy great “things” during the sales season . This rule can be applied to any object of the material world: real estate, cars, clothes, food and, of course, shares of public companies. However, a seemingly simple idea requires the ability to understand both the quality of...
It is an innate habit to make excuses in life. We make excuses because it is the easy way out. And let me tell you. With trading, there is no EASY way. As I like to say trading is the easiest hard way to make money. It starts with NOT making stupid excuses such as: Excuse #1: “I don’t know enough about the markets – so I won’t trade yet” People don’t...
Hi Traders, We know that some traders will know all of this anyway however we thought that it was important to take a step back and start with the basics again because a lot of traders neglect this and don't bother to learn about what it is that they are actually trading. We don't get how you can do this if you actually love trading. We know that it is sometimes...
Greetings, @TradingView community! This is @Vestinda, bringing you a helpful article on the topic of Fibonacci Retracements and how to effectively utilize them in your trading strategies. Fibonacci retracement levels are helpful for traders and investors in financial markets. They're horizontal lines on price charts that can show where price may reverse...
Gold has long been a darling of investors. Its holders - whether households or central banks - seek refuge in the yellow metal in times of crisis. Gold is a resilient store of wealth, offers durable portfolio diversification, exhibits lower volatility relative to equities & bonds, and serves as an inflation hedge. But it has a big downside. As mentioned in our ...
Greetings! I made previous post about how to identify distribution using the Wyckoff Method. Since I am seeing a possible redistribution pattern playing out, I thought I'd follow up with how to identify redistribution as well. In redistribution, market participants who accumulated assets during the previous uptrend begin to distribute their holdings, leading to a...
Trading on key levels is one of the basic principles of Price Action trading in the financial markets. There are two main ways to trade on levels: on the breakout and on the reversal. How to distinguish a correct signal to enter the market from a false one, how to set stop-losses and take-profits and what other nuances should be considered when trading in this...
"Gold is money. Everything else is credit.", said John Pierpont Morgan. When borrowers default, markets collapse and banks run into crisis, gold prices skyrocket. Gold is trading at a 12-month high on March 18th. Gold has been valued for thousands of years. Gold has unique properties. It has been enchanting women and men since humans set foot on the planet....
Moving averages are commonly used to analyze and forecast trends in financial data. There are several types of moving averages, including: Simple Moving Average (SMA): This is the most basic type of moving average. It calculates the average price of a security over a specified number of periods. Weighted Moving Average (WMA): This type of moving...
I did not go into the details of "lagging" as it relates to indicators. Which is a true statement but its a misunderstood statement in the trading industry because most people don't truly understand what that means and also there are a lot of indicators that are leading. However in this video when I say "lagging" I am referring to the general idea in fx that...
Is higher timeframe really more clean than lower timeframes ? This is just my opinion. Would love to hear what you guys think.
As you see, NFP days more than often trigger major reversals on daily, even reversals from yearly tops. Likewise, breakouts and big moves on daily are also triggerred by NFP days. FOR EDUCATIONAL PURPOSES ONLY!
As you see NFP release days often generate reversals, minor pullbacks on daily or are at the beginning of big moves, acting as catalysts. Though I dont believe in big NFP reversal starting on low volume trading days, as we are in Easter Holidays. Hence today´s NFP day may go unnoticed as most of traders are gone for Easter holidays. But otherwise we could see a...
Here is a detailed step-by-step guide on how to use the technical and fundamental indicators to analyze cryptocurrencies: Step 1: Choose a reliable trading or charting platform Select a trading or charting platform that allows you to access and utilize the technical and fundamental indicators mentioned. I personally use and recommend TradingView for its...
Here are some combinations of technical and fundamental indicators that investors often use to analyze stocks. 1. Moving Average, MACD , RSI + Valuation Ratios (P/E, P/B, P/S) This combination of technical and fundamental indicators is commonly used by investors to analyze the short-term price trends of a stock and its long-term valuation. Moving averages, MACD...
I hope you already know that losing trades are inevitable in trading. No matter how professional a trader is, mistakes are made. It's part of the game, and the possibility of making mistakes should simply be factored into your trading strategy. But what really matters for success in the market is how you handle the fact of incurring losses. Today, I've compiled a...
Story time… One of the greatest success stories of all time, is with the company which is based on the glorious golden arches we still see today. Mc Donalds… It all started in 1940 where, two brothers, Maurice and Richard “Dick” Mc Donald’s made a small fortune selling hamburgers in San Bernardino, California… They took a product and an idea and turned it...
This is a lot different to our normal video but I really wanted to show the @TradingView community how you can use AI to build indicators in @PineCoders I thought it would be easier to do as a video idea than a stream. So I hope you enjoy & don't forget to shout out to me when you try it for yourself, I am keen to see what you build! All the best Mayfair!