Trading in the financial markets, whether it be forex or cryptocurrency, can be a thrilling yet challenging experience. It requires a level of strategy, discipline, and risk tolerance to make informed decisions and reap profits. But, as traders, we are often faced with fears that can cloud our judgment and hinder our success in the market. To help you overcome...
My Background I was a young man working for an Insurance company and being a quiet trouble-maker with a healthy affinity for analysis of numbers, I was thrust into a position that fed this desire to the max. My boss then told me, "Runya in this job you must have a sixth sense, insurance agents earn commission and if they get a chance to falsify numbers to get...
just looking at possibilities in case the deviation we just tested last few months (the same as August 2015) eventually fail and what that might bring ahead for corn prices...
With this post, I am concluding the analysis of the company's balance sheet. You can read the previous parts here: Part 1 - Balance sheet: taking the first steps Part 2 - Assets I prioritize Part 3 - A sense of debt Now we know that every company has assets on one side of the balance sheet and liabilities and equity on the other side. If you add liabilities...
According to statistics, 2/3 of those who try their hand at forex trading or another type of financial product trading ultimately quit up. Scientists have been researching financial industry failure rates for decades and have come to the conclusion that a beginner trader has a 10% probability of success. Only the most dedicated and persistent people in the...
All markets go through cycles of expansion and contraction. 📈When a market is in an expansion phase (an uptrend), there is a sentiment of optimism, belief, and greed. Typically, these are the main emotions that lead to a strong buying activity. Sometimes, a strong sense of greed and belief overtakes the market in such a way that a financial bubble can form....
What it is? Candlestick rejection strategy is a pure price action swing trading strategy. It makes use of the concept of price rejection or candlestick rejection patterns to invalidate counter-trend momentum for a trade continuation. By applying such candlestick rejection strategy onto swing trading, it allows trades to capture spots at which market prices...
In my experience there are phases to creating a strategy. In this episode we will cover one of the most important steps: establishing an exit strategy. Exiting a position is crucial to risk management. If your entries are terrible but you have a good exit strategy, you might get by and not lose a lot of your capital. And vice-versa, if your entries are great, but...
If you follow your trading plan and then get stopped most of the time ending in loses versus gains and you see the current price still go to the tp you originally thought of, then maybe it is an issue of entry. Note. If you make good gains and you profit, this advise may not be for you. Okay here it goes. Put your entry where your stop loss used to be and then...
Pure trendline break strategy is based on indicators: Tradelines with Breaks (FREE) - TwB Position entry signals, trendline breakout. We look for signals on the ~h4 interval. We take a position on lower intervals when we see entry signals there as well. Order block Detector (FREE) - ObD Generates us support and resistance for the price (red - sell, green -...
Patterns are the distinctive formations created by the movements of security prices on a chart and are the foundation of technical analysis. A pattern is identified by a line connecting common price points, such as closing prices or highs or lows, during a specific period. Technical analysts seek to identify patterns to anticipate the future direction of a...
There are a lot of myths surrounding investing. Some say that it is too complicated for a beginner, and you can't figure it out on your own. Others portray the image of a successful investor who travels all the time and does almost nothing. So, let's find out how things really are. What Is Investing? Investment is the long-term investment of funds, finances and...
Hi guys, in order to spot a divergence you should be careful which timeframe you're looking at. for example in the left picture, the daily timeframe is showing higher highs in price (at each candle) and lower highs in RSI (at each candle). but note that these are not highs and lows and as long as you can't find signs of accumulation and distribution in highs and...
Blockchain transaction fees are very essential method for cryptocurrency trading platform. This transaction fees obviously divide to the miner and validator as reward and commission who help to protect the network from spam and malvare attacks. Transaction fees can be small or large amount depending on the network . Market pressurize to increase the price and...
Investments are neither complex nor difficult. There is a set of golden rules that help investors stay on track to achieve their ultimate financial goals. When it comes to money management, investments play a key role in creating wealth. At first, it can be difficult for you to decide which product to choose, where to invest, how much to keep, and so on. But as...
Have you ever wondered what helped all those professionals of Wall Street become successful? You will be surprised, but the key to their reached heights is hidden in their mistakes. Yes, that is right. Most professional and successful traders made many mistakes before they got to the top. Making mistakes is ordinary and sometimes even necessary because you...
To build your strategy ,there are many factors that represent the columns of the building . These factors named by me the concepts of building the strategy.These include: 1-trading psychology 2-risk management 3-position sizing 4-trading plan These are the main factors . There is also an auxillary factors i will mention it later on
The Fed or the Federal Reserve System is a kind of analogue of the central bank in the United States. It is an independent body and receives powers from the US Congress. Its independence lies in the fact that all decisions on monetary policy do not have to be approved by the authorities and even the president. We can say that the Fed does not belong to anyone,...