Applying Nature's Harmony to Financial Markets From flower petals to far away galaxies, the Fibonacci pattern is found across the natural world. Fibonacci patterns are derived from the Fibonacci number sequence where each number is the sum of the two preceding ones: 0, 1, 1, 2, 3, 5, 8, 13, and so forth. Some traders believe the Fibonacci sequence and its...
Sometimes traders freeze up in the face of some market event. I had that myself, which led to the loss of my first deposit. Many years later, I remember it as if it were today: I drew a trend line on GBP/JPY and set an order as I thought right above it. It was Sunday evening - in a moment the market was about to move. In a moment it did. For an hour I watched it...
In stock trading, gaps refer to the difference between the closing price of a security on one trading day and its opening price on the next trading day. These gaps can provide valuable information about market sentiment and potential future price movements. Here are five types of gaps in stock trading: 1. Common Gap (Normal Gap): - A common gap occurs...
Entering the world of day trading can be both exciting and daunting, especially for those who are new to the game. This article aims to provide simple yet valuable recommendations for beginner day traders specifically focusing on forex and gold trading. 💼💰🚀 1. Educate Yourself: Before diving into day trading, it is crucial to understand the intricacies of...
In the realm of technical analysis, certain patterns stand out for their efficacy and the insights they offer traders. Among them is the Ross Hook pattern, deeply rooted in the foundational 1-2-3 pattern. This article delves into understanding these patterns, their origin, and how traders can integrate them into their strategies. Dive in to unravel the nuances of...
Forex signal providers can be a good resource for traders looking to access the markets. However, not all signal providers are created equal, and some of them act as scammers, preying on unsuspecting novice traders. In this article, we will look at how to recognize a fraudulent signal provider's website and how not to fall victim to their machinations. The...
In the realm of technical analysis, the Know Sure Thing (KST) indicator stands out as a robust tool for traders seeking to decipher market trends and manage volatility effectively. This momentum-based oscillator amalgamates multiple moving averages to offer a comprehensive perspective on market momentum across various timeframes. Introduction to the Know Sure...
Hello Traders! 👋 Excited to bring you another insightful post on Tradingview, highlighting a smarter approach to trading cryptocurrencies. This time, we're focusing on the effectiveness of 'Buying the Breakout' ✅ over the uncertainty of 'Buying the Dip' ❌. 🔑 Strategic Analysis: 1️⃣ Bitcoin (BTC): We begin with Bitcoin, showcasing how choosing breakout points...
In the world of trading, many participants find themselves constantly waiting for the perfect confirmation for swing positions or entries, often missing out on the rapid movements that characterize financial markets. This is where the art of scalping comes into play, a strategy vastly different from swing trading, yet equally, if not more, compelling for those who...
The glass ceiling is the level of cash at which the stress level suddenly and unexpectedly increases. Thinking of a specific sum that "causes" this effect in the psyche will indicate the size of the position exposed to risk. It also happens that traders talk about the "glass ceiling" when specifying the size of the account they have with a broker, but even so,...
Global inflation often signifies a weakening of global currencies. The question of whether Bitcoin can serve as a hedge against a depreciating dollar has gained significant interest among investors. Or should it still be the Gold? In this study, we will analyse the top 8 cryptocurrencies to determine which one is a more reliable currency hedge. Bitcoin & Its...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. 1. Market Psychology and Greed/Fear Dynamics Trader psychology plays a significant role in market movements. As prices rise, greed may drive buying, causing the market to become overbought (likewise when market is down). Eventually, fear sets in as traders worry...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Here are 5 reasons why it is too RISKY and you should'nt do it! > Challenges to recover - Large losses require proportionally larger gains to recover. A 50% drawdown requires you to have a gain of 100% to BREAKEVEN! > Emotional Stresses - Trading with such...
What is the VIX and why is it relevant to investors? The Volatility Index, known as the VIX or FEAR index, helps measure how much the stock market might swing in the future. It looks at options prices on the S&P 500, hinting at how investors feel and what they expect in the market. 1. Checking Risk: The VIX tells us how unsure or risky the market might be. A...
Hello TradingView Community! 🔸We're excited to launch a unique Q&A session right here! If you're new to trading and have questions, this is your chance to get them answered by seasoned or just other traders. Whether it's about technical analysis, trading psychology, or managing risks, feel free to ask anything related to trading. 🔸Experienced traders, we invite...
Timeframes are crucial. If you get them wrong, the ENTIRE strategy fails. But If you get them right, you can earn a good amount of money. So, let me show you the best ones to trade on. Timeframes are broken into 3 scopes: 1. Macro - This is where you’ll look at a higher timeframe and extract your bias from. It’s your foundation. 2. Micro - This is where you...
Chart Session.. 🙌 Tune in to see what i will be trading for this Week! Let's see what opportunities are showing 🙌 8 years of experience🏌🏽📉 ❤️Please support by liking/hitting the rocket button, thank you!❤️ #forex #forexanalysis #forexoutlook
1. Study. Learn how financial markets work. Years ago I took Khan Academy's free courses on the financial markets. It really helped reinforce what I already knew, taught me new stuff and solidified my confidence in understanding how the financial markets work. Here's the link: www.khanacademy.org Learn the basics of Technical Analysis. For this part I read...