The Famous Monkey Story in Every Market!
Once upon a time, a rich man from the city arrived in a village. He announced to the villagers that he would buy monkeys for $100 each.
The villagers were thrilled, as there were hundreds of monkeys in a nearby forest. They caught the monkeys and brought them to the rich man, who paid $100 for every monkey they gave him....
See the screenshot below.
Imagine this is the only data you have and only timeframe.
What will happen in the nearest future?
Price will go up to green, stays in the grey range, or down to red?
Answer in the comments with your arguments, and later I'll publish a video breakdown.
Welcome, traders and investors, to our educational post on ascending and descending triangles!
In the fast-paced world of financial markets, understanding chart patterns like these is crucial for making informed trading decisions. Ascending and descending triangles are powerful tools that provide valuable insights into market dynamics and potential price...
Hello, friends! 😊 What do you associate trading with? 🧐 For most of us it's exchanges and investments are primarily associated with big money. However, trading in the financial markets not only provides opportunities for earning but also for significant skill development and personal growth.
Here are the top 4 qualities that trading helps to develop:
...
Divergence is the discrepancy between the direction of an asset's price and the readings of an indicator. There are three types of divergences: classical, extended, and hidden. The first two can be used to gauge market sentiment and to trade in the opposite direction. Hidden divergence, however, is more significant and can serve as a powerful supplementary factor...
IPOs can be enticing opportunities for investors to jump into potentially high-growth companies from their early stages. While IPOs can offer significant returns, a strategy of investing in every IPO that hits the market is not considered prudent.
Let us explore several key reasons why such an approach is unwise for investors.
Lack of Information:
IPOs often...
Hello traders welcome back to another Concept video. In this video, we detail some of the best times to trade the Eur/Usd Currency pair. This happens to be at Session opens. We go through the 3 Session opens and walkthrough examples of increasing volume ( Large candles). Session opens can provide a great catalyst for 1) a continuation of momentum of the preceding...
Hello, friends! Today I'm sharing with You some trading tips, that will help You to understand some of the complex aspects of trading.
Tip 1: Trading more or longer is not the best method.
Sometimes doing nothing is the best thing You can do.
"Many people get so tangled up in markets that they lose perspective. Working longer doesn't necessarily mean...
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Okay, let's get started on today's topic. Knowing when to trade and when NOT to trade is very important. This is the "timing" element which is also a crucial part of trading. And, this is especially important if you are looking to trade on a lower...
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Understanding the various order types in forex trading is essential for navigating the market efficiently and executing trades effectively. Here's a concise overview of some common order types:
1. Market Order:
This order is executed immediately at the current...
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Today we are going to cover terms such as Margin, Lot size, Spread and What are they.
Forex trading is a dynamic and potentially lucrative endeavor, but it comes with its own set of terminology and jargon that can be intimidating for beginners. Understanding these...
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Let's begin with our topic today!
The forex market, being decentralized and over-the-counter (OTC), operates differently from traditional centralized exchanges. To navigate it effectively, traders need to comprehend its unique structure.
Market structure refers to...
Dow theory stands out as one of the most revered theories in the history of financial markets. Whether you're engaged in intraday trading, short-term trading, or long-term investment, understanding this theory is bound to help you formulate diverse strategies.
Originally crafted by Charles Dow in the late 1800s, Dow Theory, also known as Dow Jones Theory, has...
Understanding Token Burning in Cryptocurrency: A Comprehensive Guide
What is Token Burning?
Token burning is a crucial strategy in the volatile realm of cryptocurrencies, where assets lack real-world backing. Developers employ innovative approaches to maintain long-term price stability and incentivize investors. One such method is burning tokens, which...
Are you tired of feeling like your money disappears into thin air? Say goodbye to the ' MONEYGONE ' pattern with our collection of 27 articles packed with tips and tricks to keep your finances on track.
In #VestindaTips we've put together this big guide all about how prices move and patterns in trading.
Whether you're new to trading or you've been doing...
Within the seemingly tranquil surface of the forex market lies a realm of intricate complexities and dynamic interactions that dictate its ever-evolving landscape. Unlike the tumultuous fluctuations often witnessed in stock markets, the forex arena operates with a measured cadence, its movements orchestrated by an array of global forces. In this comprehensive...
Embarking on the journey of "Naked Forex Trading" marks a departure from conventional trading methods, as traders eschew traditional technical indicators in favor of a purer, more intuitive approach. This article delves into the operational intricacies, diverse strategies, and nuanced pros and cons of naked trading, offering practical insights and tips to navigate...
Good day, traders
The Bitcoin Halving has happened again.
~1st Halving (Nov 2012): BTC price was $12.0. It reached its highest price ever at $1163.
~2nd Halving (July 2016): BTC price was $638.51. Then, it skyrocketed to a new all-time high of $19333.
~3rd Halving (May 2020): BTC price was $8475. It later surged to a new record of $68982.
~4th Halving (April...
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