Hello,
Successful trading in the stock market requires a comprehensive understanding of market trends and the ability to identify price patterns. One such pattern is the interplay between impulses and corrections. By recognizing these alternating phases, traders can gain valuable insights into potential market movements and make more informed trading choices. In...
No matter what the outlook may be, if the price exceeds the 50 Fibonacci Fan level, there is a greater than 50% chance of a sharp correction and a possible reversal of the current bearish trend to a more bullish cycle. Optimism is not going to change this fact.
I use it to measure the corrections.
The Fibonacci Fan is a technical analysis tool used by traders to...
Not seeing anything to trade right now, so I am just chilling, and posting stuff here. I am following 2 trading rules at once (do not overtrade & take breaks to relax).
The best exceptional individuals dump on the early pros and savvy investors that dump on the institutions that dump on the various funds that dump on the twitter shills that dump on the baggies...
Hey tradomaniacs and becoming traders,
I love sharing my knowledge and wanna help everyone who is interested and trading. :-)
Check this "journal" and start to understand the market.
Most of us know how a trend works. BUT NOT WHY!
I hope this will help you out to understand and improves your abillity to indentify Trends.
Peace and happy...
