As you know, one of the overall signals for market growth or collapse is Bitcoin dominance.currently, prices in the upper limits of this line are causing the price of altcoins to fall... The price in the lower ranges of this line promotes the growth of altcoinhami. So before you enter any transaction, monitor this signal to measure your risk in that transaction.
Welcome to our discussion on the three vital aspects of a trade: Entry, Risk Management, and Exit. Mastering these components is crucial for successful trading. Let's delve into each aspect, understanding their significance and how they contribute to your trading strategy. Entry: The entry point marks the initiation of a trade. While it may seem straightforward,...
Artificial intelligence (AI) has become ubiquitous, transforming industries and powering everything from facial recognition to self-driving cars. However, the dream of Artificial General Intelligence (AGI) – machines with human-level intelligence and understanding – remains elusive. Let's delve into the key differences between AI and AGI, particularly regarding...
The DXY, though primarily impacting foreign exchange (forex) markets, casts a long shadow across various asset classes, including cryptocurrencies. Here's how a strong dollar (rising DXY) and a weak dollar (falling DXY) can influence these markets: Foreign Investment in Crypto: A strong dollar can make cryptocurrency investments less attractive to foreign...
Nassim Taleb's: “My lesson from Soros is to start every meeting at my boutique by convincing everyone that we are a bunch of idiots who know nothing and are mistake-prone, but happen to be endowed with the rare privilege of knowing it.” He also said: "The only economic research that seems to replicate out-of-sample is the work of Daniel Kahneman on behavioral...
Here you can see the slightest difference between orange controlled buying and magenta controlled selling - but the fact that magenta has proven control over the past 2 bounces indicates that magenta is in control and this is in fact a larger liquidity build for the bulls. Helpful to know this for all future analysis! Happy Trading :) - TraderDaddyOG
The Uncertainty and Probability in Trading In a world where uncertainty reigns and the future is always unknown, trading becomes a realm where probability plays a crucial role. Throughout history, no one has been able to predict the future of financial markets with complete accuracy. This uncertainty is inseparable from trading, as we can never fully anticipate...
So you missed a trade. Or you are you often gripped by the fear of missing out (FOMO) in the trading world? It’s a common feeling. But let me tell you. You might miss a train, but the next one is always on the way. And the stock market will always be there for you to pump out more profit opportunities for you. Today, I want you to not worry to much about...
1. Flip creates + sweeps high 2. Flip creates + sweeps equal highs 3. Flip sweeps high in prior leg 4. Initial Flip reaction gets swept
Introduction to Nasdaq Futures Nasdaq Index Futures offer traders exposure to the Nasdaq-100 index, a benchmark for U.S. technology stocks, without directly investing in the index's component stocks. Trading on the Chicago Mercantile Exchange (CME), Nasdaq Futures provide a critical tool for managing market exposure on the future of technology and biotech...
What Is a Chaikin Volatility Indicator in Trading? Understanding volatility is crucial for creating effective trading strategies. One popular tool used when measuring volatility is the Chaikin Volatility indicator. In this article, we will take an in-depth look at this tool, how it’s calculated, and how to use it when trading. What Is the Chaikin Volatility...
Support and resistance levels, the bedrock of technical analysis, are fundamental elements. They serve as critical points that delineate potential price movements and are pivotal in decision-making processes for traders and investors alike The basis: There are several fundamental concepts in trading that remain the same over a long period of time. Among them,...
█ Overview Welcome to the getting started page dedicated to my automated trading strategy Cyatophilum Bands, which is in continuous development. The strategy principle is to identify consolidation areas, catch breakouts and ride the trend as long as possible. █ Trade examples Breakout from Tight Consolidation Price consolidates within a narrow range...
While the amount of Bitcoin in miners' hands continues to decrease, its value against the dollar is increasing. Miners' Bitcoin Reserves: In 2019, Bitcoin miners held approximately 2.9 million Bitcoin.This number has been steadily decreasing since then. As of today, miners hold approximately 2 million Bitcoin (source: intotheblock). Value of Miners' Bitcoin...
In the trading market, being anxious cannot solve the problem. But be prepared for a long time, don't rush for success, and don't be afraid of being a late bloomer. Take your time and master the process, don’t rush the results. Whether it is the trading market or other industries, it all requires a process, and it requires step by step and continuous...
Definitions Buy call option – a stock option is the right to buy a stock (but not the obligation) at a certain price for a limited period of time. The price at which the stock may be bought is called the striking price. Three terms describe the relationship between the stock price and the options striking price: At the money / In the money / Out of the...
"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at...
Technical analysis is a cornerstone for navigating the dynamic world of financial markets. A crucial element of this analysis is interpreting price movements depicted on charts. However, the way these movements are displayed can significantly impact your understanding. This article delves into the two primary price scaling methods employed in financial charts:...