Hello traders and investors! If you appreciate our charts, give us a quick 💜. Your support matters! The Relative Strength Index (RSI) is a powerful tool used in technical analysis to gauge the momentum and potential overbought or oversold conditions of an asset. Here's a breakdown of how it works: Time Period and Calculation: By default, the RSI measures...
NASDAQ:ARM see a lot of FOMO here.. Remember: Don't market buy. They will fill your order as high as possible. Don't FOMO buy. Don't force a trade. SoftBank is a dumper. They tried dumping ARM in 2020 for a +25% gain to $NVDA. Let that sink in. Also, don't short it. You might get roasted. SoftBank bought 25% stake at 64B valuation recently. That means...
In today’s rapidly evolving financial landscape. You really need to stay ahead or get left behind. It’s our passion to help you deepen your knowledge of the market trends and technologies that are shaping the future. And you know what, there are some very important trends and sectors you’ll need to adapt to your trading. Let’s explore some of the new paradigms...
04 Sep to 08 Sep 2023 TL;DR Total Profit of approximately $800 (around +800%) for the 1st week of September 2023. Total 8 trades, 6 wins & 2 loss. 1-hour Timeframe, Oanda, XAUUSD(Gold), $10,000 Capital, $200/ 2% per trade. Mechanical Consistency Trading Strategy; Purely rule-based strategy, zero guesswork, zero analysis. Disclaimer: I am...
In the vast sea of forex trading, success often hinges on what you let go of rather than what you acquire. Overtrading, overrisking, and overconfidence are like treacherous waves that can capsize your trading ship. In this article, we'll explore these three perilous habits and explain why you must bid them farewell for a safer and more profitable voyage in the...
Buying stocks can be a challenge but with this strategy, you will be able -- to see what is required of you to buy or sell -- It's a very simple but powerful ''Rocket Booster Strategy'' Watch this video to learn more -- -Disclaimer- I am not a financial advisor, and the information provided here is for informational purposes only. Stock trading and investing...
As a forex trader, it's essential to have a robust arsenal of technical analysis tools at your disposal. One of the most powerful and reliable chart patterns you can use is the "Head and Shoulders" pattern. This pattern is prized for its ability to signal potential trend reversals, allowing traders to make informed decisions and capitalize on market opportunities....
hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- When trading, I always think about when the price will rise. And, by buying just before it goes up, you want to be in the profit zone as soon as you buy. To make these trades, you must be...
A rise in oil prices may cause the consumer price index (CIP) and Producer Price Index (PPI) higher. Today US CPI climbed to 3.7% from 3.2% as Oil price continues to raise high since June 2023. Rising oil prices increase the cost of transporting goods and services, as a result the inflation raises high. WTI CRUDE 88.73 BRENT CRUDE 92.09 ...
Hello, friends! We all know that it is important to have a trading plan and a profitable strategy, and, of course, to follow them. Now, the issue of discipline and following your own trading rules is where most of the problems start. However, there is one simple tool, literally a piece of paper, that can help you significantly improve your discipline in trading...
Hello, friends! I'd like to discuss with you the situation of our failures in trading. What causes them and what to do about them in the future: 1) Traders that go into the market don't accept the risk they are putting on when they get into a trade. Traders who trade based on their PnL and not their strategies. Traders who are afraid to take a loss and see red in...
Introduction Behavioral finance is a captivating field that explores how human psychology affects financial decision-making. Traditional finance models assume investors are rational beings, making logical choices to maximize wealth. However, behavioral finance acknowledges that emotions, cognitive biases, and herd mentality often lead individuals to deviate from...
Hey guys! In this post, we'll detail 5 key tips to keep in mind while selling options that can massively improve trading results over the long term. Let's jump in. Selling options has become a more popular strategy lately, due to the fact that traders can control, to some degree, their win rates and R:R setups. If you've followed us for any length of time, you...
AMEX:SPY This is for intraday traders. While doing intraday trades watch out for a trend reversal around 10:15-10:30 AM to see market is showing any signs of trend reversal. If you catch this reversal right and keep your losses small, you can earn lot of money in a short period of time. You can get entries on a shorter time frame and keep adding if market...
NOTE: This indicator has two bands Upper acts as Bullish Market Lower Acts as Bearish Market. Friday Morning Story starting from early Jun until late August and it may continue or may not which we will know in future ! Since early Jun the market is heading and stayed in the upper bands which all traders are happy with their bullish targets being achieved as...
the inflation data (CPI) will be released. Current: 3.2%, average forecast: 3.6%, expected to increase. Consumer Price Index Expectations for Financial Institutions (Inflation): (Lowest: 3.5% Highest: 3.7%) Visa 3.5% Canadian Imperial Bank 3.5% Goldman Sachs 3.6 Bloomberg 3.6% JP Morgan 3.6% Mr. Wolf Capital 3.6% Morgan Stanley 3.6% Royal Bank 3.6% Scotia...