In the dynamic world of trading, one peculiar phenomenon that often catches investors' attention is the "Dead Cat Bounce." This term, as bizarre as it sounds, is a crucial concept in technical analysis and market psychology. It refers to a temporary recovery in the price of a declining stock, followed by a continuation of the downtrend. This article delves into...
Welcome to our third ever blog in our economics masterclass. Today we will be going over and Understanding Scarcity, Choice, and Resource Allocation. [Section 1.4: Scarcity, Choice, and Allocation of Resources The basic economic problem stems from scarcity, where wants are unlimited, but resources are finite, necessitating choices. Optimal utilization and...
For trades such as stocks, futures, or forex, stop loss is a part of the trade, and it only works for investors if there is a stop loss in each transaction and it is adhered to. Today, I bring you a 3:1 gold stop loss rule, hoping to help with your investments. Stop loss is a way to minimize losses in current market trades and is frequently mentioned. However,...
< Let's just watch it for three minutes! Zhuge Gongmyeong's Knowledge Sharing > Step 5. Types of bearish candles Let's talk about the types of bullish candles yesterday and the types of bearish candles today. Likewise, let's classify the types based on the shape. First, the hanging candle. It's a candle that went down to a low price and then went up a...
< Let's just watch it for three minutes! Gongmyeong's Knowledge Sharing > Step 4. Types of bullish candles We've looked at the composition of the candles in the previous sections. Today, we're going to classify the types of bullish candles based on their shapes. First, it's a hammer-type candle. It's a candle that went down to low prices and then went...
< Let's just watch it for three minutes! Zhuge Gongmyeong's Knowledge Sharing > We learned the basic theory about the composition of candles yesterday, and today we're going to summarize the names of the candles while looking at the actual candles. You can think of it as a review of yesterday's content! First, let's look at the left candle. The left candle...
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider...
First:Making Plans Before trading every day, make a trading plan, so how to make a good plan? Take XAUUSD for example,If you mainly focus on short-term operations, focus on the key support and key resistance within the day, buy up at the support level, buy down at the resistance level, sell high and buy low, if you cannot accurately determine where the support...
BINANCE:BTCUSDT In this post, I'll make an attempt to share everything I've learned over the Relative Strength Index (RSI) Over the past 24 months. Nothing described in this post is financial advice, it's just me, sharing thoughts and ideas with you. nb: this post is more suited for traders and investors that are already educated about the RSI...
Introduction A financial transaction involving an exchange of goods results from a mutual agreement between buyer and seller. When referring to securities like stocks, an amount of goods exchanged between these two parties is called a volume. On a chart, the volume is often represented by green and red bars below the graph of a particular security. Information...
This is a little, pseudo-study I did on SPY (SPX) analysing bearish chart patterns and whether or not there was a statistically significant relationship between bearish chart patterns and sell-offs and if so, to what degree? Most of the literature says that chart patterns and technical analysis are not useful and that chart patterns are the circumstances of...
I see the weekend is here. A new week is about to begin, and it's time to get organised, reflect on your progress so far, and learn something new to help you achieve your trading goals., and boost your profitability. Let's be honest, I am someone who normally likes to follow the trends. A lot of the trend following indicators I've encountered along the way in my...
After Carnival Corp. set a 52 week high the stock tumbled into a descending channel. Which then broke down almost unbelievably into a 'descending inverted scallop'. This ending in a recovery which ultimately was a 'Wolfe wave' that set a new horizontal descending support.
Hello, traders! Today we’ll continue to speak about graphical tools of trading view. We have already completed Fib. Retracement, Gann Square and different kinds of Pitchfork. Today we’ll speak about extremely useful tool, that we are integrating in our strategies. So, ladies and gentlemen, love and favor, Pitchfan. A Pitchfan is a set of rays spreading out of the...
Hello, traders! As you can see, SkyRock traders always use Fib tools for our analysis and predictions. We find Fibonacci tools a great powerful series of instruments that’s necessary to use. Today we’ll speak about one of my favorite TA tools - Fib Retracement. Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely...
Hello, traders! Today we gonna start one of the most complicated topics. Please pay as much attention as it possible and ask any questions you like. Gann technical analysis methods are a bit complicated because they are based on geometry, ancient mathematics, astrology, and astronomy. Popular technical methods like Gann Angles and the Master Charts are at...
Massive base Textbook Cup & Handle preceding 3500% run
Hi, traders! Today we are going to complement our Ichimoku article with some techniques that we use in our rading staff. We hope, you’ll master indicator and integrate it in your strategies. How we’ve already said, Ichimoku is extremely powerful indicator which is able to demonstrate some hidden information of market and even predict the future prices. Never the...