There are no bad trades... only happy rekts! -Long Holiday Weekend ahead for the US Markets. -Crypto and NFTs are going crazy: How John Maynard Keynes predicted what is happening. -We look at the Put Credit Spread Strategy.
What is a Technical Indicator? The purpose of a technical indicator is to give signals to traders: when to buy or when to sell an asset and this is done based on the price or volume. For future contracts, open interest rates are used to forecast market trends. A technical indicator is included in the technical analysis and is used by those that use technical...
Much of the massive amount of new money the Fed is printing is going into Zombie Companies. How Zombie Companies Survive Zombie Companies are firms that don’t survive by producing value for their customers. Instead, they survive by parasitically draining resources from the overall economy by borrowing at near 0% interest from the Federal Reserve. The Federal...
Dear traders: It's the result of my efforts to offer a simple presentation. The golden cross is a chart pattern that is a bullish signal in which a relatively short-term moving average crosses above a long-term moving average. Some analysts define it as a crossover of the 100-day moving average by the 50-day moving average; others define it as the crossover of...
The gold & silver market is pushing significantly higher, following a significant miss in the U.S. labor market with fewer jobs created in August. Friday, the U.S. Labor Department said that 235,000 jobs were created last month. The data was weaker than expected as consensus forecasts called for jobs gains of 720,000. While the headline data saw a significant...
If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Is it true that in the markets, over 90% of traders lose money? Likely! In that case, only a small percentage of traders remain profitable over a longer period. Although some people perceive trading...
Look at Black Lines on My Chart... They are Support & Resistance for Moving Average thats Mean when MA Cross Above or Below this Lines,Price starting to Reaction... Check when Moving Average in Daily & Weekly Time Frames Reach the Black Lines on the Chart and Watch the Price ...
The gold market still has a path to $2,000 in the second half of the year as the precious metal is undervalued in a world awash with liquidity, according to the latest research from Bloomberg Intelligence (BI). In a report published Wednesday, Mike McGlone, senior commodity strategist at BI, said that within the metals complex, gold appears to have the most...
The following conditions are preferable for an ideal Head and Shoulders pattern, although an ideal pattern doesn't mean have a 100% win rate: 1. The head zone should be in the oversold zone on the RSI indicator 2. Left and Right "shoulders" can be higher the top of the "head" part of the pattern 3. LL of the head should be closed not lower left shoulder's LL 4....
RSI can be beneficial in your trading if you use it correctly. This printable cheat sheet will assist you in divergence, so you can trade more precisely and increase your profits. To print this cheat sheet, Right-click the illustration below and then click Save as Picture. What Is RSI Divergence? With RSI divergence, the relative strength index of a...
Why I use cartoons in my education; After trading for 21 years, I really like to simplify my charts - when trading I tend to only use one indicator - and that is more confluence & confirmation than entry/exit. What I find that works well, when teaching students, is visual. Getting the message over in a fun way - it is easy to remember the content. In doing...
FOREX COURSE 101 - Lesson 7 - How to properly draw trendlines for better trading success.
I will go over the Bitcoin current structure and my personal analysis with my opinion regarding future price actions. It will mainly be based on Technical Analysis.
In this video we show how you can easily spot where liquidity is on a chart and how to use this information to profit from in your own trading Of course for a successful trading strategy, this is only a small part of the puzzle and you will need to add many more aspects of analysis. Please LIKE, SHARE & COMMENT on this video to show your support. Let me know...
Hey Traders so today I wanted to take a step back and show beginners how to papertrade the Forex Market. Although some believe papertrading is not the same as real trading. I believe if you take the papertrading account seriously you will gain many benefits. You will get experience, learn discipline, gain confidence, and test your results to see if you are truly...
TARGET : 180 ; STOP LOSS @ 152 As we can see there was a Consolidationbetween the Range 152 - 168 The basic idea was to capture the move after the break of RESISTANCE ( GREEN LINE ) , which has also acted as a Support that. Means it's confirmed that if the resistance breaks we may see a good move again ! market respectedThe support Trendline ( yellow line ) ...
Educational video on how to anticipate the end of corrective waves so you can rejoin the trend.
Sometimes we can get so caught up in the fear of missing out on the breakout that we forget it could be a trap. It is always crucial to listen to your intuition when you see these easy setups because more often than not they are more complex than they seem. In this example, a breakout occurred and buyers put stops below the last structure, a few days later this...