REPOST ON CHART PATTERNS. Hey Everyone, As promised, this year we will also share basic educational posts for our newbies to learn and level up. BULL & BEAR FLAG PATTERNS BULL FLAG This pattern occurs in an uptrend to confirm further movement up. The continuation of the movement up can be measured by the size of the pole. BEAR FLAG This pattern occurs in a...
Money & time spent on knowledge is well spent. Read useful books with information not twilight or Star wars. Read comments on youtube or other media platforms. Why? most of that is degenerate non sense. Yes, you would be correct. You can gauge sentiment and the herds psychology. The herd is always wrong. Hang around or work with positive people that are like...
Hello. The video I made about this topic was removed. So I recorded a short version of what I said since I hate to redo stuff. Take it for what it's worth! Cheers.
REPOST ON CHART PATTERNS. Hey Everyone, In 2023 we plan to also make more time to post basic educational posts for our newbies learn and level up. HEAD AND SHOULDERS PATTERN The head and shoulders pattern is a formation of 3 peaks with the head being the highest peak (Lowest on inverse). The entry should be below the neckline (Above on inverse). The measure...
Hey Everyone, We see too many new traders trade with random lot sizes with no understanding on the impact it has on account sizes, which result in not only losses but BLOWN accounts. This post is by no means a risk or money management strategy but more so just basics on the movement of reversals and how the lot sizes impact the value of your account during this...
Hello. In this video, I talk about what I use for Gold trading and also I talk about some of my discoveries including Market Mapping, Future Fibonacci and Gold Phases. For this purpose, I have created software that calculates Pivot ( starting point ) because it is important to know where you start the counting from. Hope this explains briefly what I am doing over...
Hey Everyone, This is a repost for our newbies. As promised alongside our analysis and reports we will also be posting basic educational posts to help newbies. Today we show you how to draw support and resistance levels the GoldViewFX way. There are so many ways to draw and establish support and resistance levels. Typically this is an area where price...
Hey Everyone, Here at GVFX, we are currently buying dips. What that means is that we buy on the dips and therefore only concentrate on long positions/buys with the odd sells for fun. As mentioned before, having both sell and buy positions open in your account will affect your psychology and in turn, your trading decisions. Now a question that typically arises...
The passing of time often creates one of two things. It can create Wealth or it can create Regret. For instance… Many people will say, I wish I bought real estate, crypto, stocks, etc. at certain times…then I’d be rich. We are all pretty good at looking backward and saying, “What if?”. With Investing, the two most common reasons people miss opportunities are...
Here at GVFX, we constantly remind our followers to take profit off the table by banking in stages or protecting profit with a trailing stop after each incremental profit level has been reached as it heads toward the target TP. Far too many retail traders hold positions until it's too late and then the market turns against them and they end up breaking even or...
The FOMC announced another 50bps (0.50%) Interest Rate increase to 4.50% which has lead to short term downside for gold as an initial reaction. The question for many remains. Why does gold drop when interest rates rise? There are a number of reasons, but here are the top 5… #1: Investors look elsewhere Higher interest rates can make other investments, such...
A blog article discussing how inflation is impacting family budgets, what it means for household budgets in the US, and some basic strategies people can use to help manage by RobinhoodFX Robinhoodfx. Intro In recent months, we've seen inflationary pressures building in the U.S. economy. Prices for key commodities like crude oil and agricultural products are...
GOLD | Elliot Wave | A Text Book Example? It is extremely rare that in reality, we find patterns in textbook examples. Gold is currently presenting such an opportunity which I will explain in detail. According to Elliot's Wave theory, an impulsive wave is created by 5 waves. 3 of these waves are impulsive (1,3 and 5) 2 waves are corrective (2 and...
Have you ever seen the debate on any social media platforms between traders and investors? On each side, Investors or Traders Claimed their techniques were far superior to the other because of the capability of earning more profit and a High Win Rate. Endless Debate Between Investors and Traders never stops to this day. They are blinded by their false sense of...
Hi there guys! I will be doing a short tutorial on Smart Money Concept's liquidity. What is it? - Liquidity acts as a driver to move the market in a specific price range. - We can find liquidity in areas where many people place stop losses and buy/sell stops. - Market makers will manipulate the price in order to break through these obvious zones and seize the...
Hey traders, In this article, we will discuss a very important term in trading psychology - paralysis by analysis. Paralysis by analysis occurs when the trader is overwhelmed by a complexity of the data that he is working with. Most of the time, it happens when one is relying on wide spectra of non correlated metrics. That can be various trading...
A philosophy I engage in when trading the markets - I am not self-employed as a trader. - The market is my boss and my trades are my employees. - I merely manage those employees. Traders often have to think fast and make quick decisions, darting in and out of positions on short notice. To accomplish this, you need a certain presence of mind. You need the...
Sometimes you don't need to count all of the Elliott Waves and pinpointing where the last Impulse started is enough to located the proper Time frame to look for that wave ending on the MTF. in this case the 1 month chart was the relative Time frame for the last impulse upwards (see where I wrote MTF stoch wave start) and you can see that from the Stoch being...