Carry Trade is the one of the most stylish trading system.Example on 1 years :
UK interest rates = 0,74
Turkey interest rates = 23
If i lend money with GBP and if i invest in Turkey 2Y bonds my real income is :
23 - 0,74 = 22,26 (%) (yearly)
Because of i invested with hot money , Turkish lira will get high and i can buy more Pounds if i want to get...
Today we have a fun one because I love making money. There is nothing better than nailing down an awesome trade and today I am going to teach you about something called 'divergence'. It might seem a bit complicated at first but it will be well worth it. As you can see in the BITFINEX:BTCUSD chart above, the prediction is stupid accurate.
The Basics
You are...
This is the introduction to the video series here to grow the paper portfolio on TradingView in an attempt to beat the S&P500 in real time. The reasoning behind this is that it is usually difficult to start trading stocks especially because you don't know what you don't know. It generally takes a couple of years for a trader to make a whole bunch of mistakes,...
ISP is an Italian bank that has really taken a beating this year. Under all metrics it is a really weak institution.
What I wish to demonstrate today is how whales operate and hopefully how to take advantage of it.
Before I continue I'd Like to state two Axioms I take with me anytime I chart
1) A body in motion stays in motion unless an external force acts on...
Hey tradomaniacs,
most of all beginners out there (I was at this point aswell), don`t know how to create a strategy and trading plan and are not able to make money WITH the market.
At this point, I just wanna give you an example and tell you why it`s so important to have valid signals and a strategy you can trust in.
Emotions - The Cash-shredder
Emotions...
In the previous posts we discussed profit taking in different markets, profit targets, trailing stop losses, risk:reward, time horizons and how to identify a trend. Starting with part 1 is highly recommended.
Best Indicators
I have noticed that some indicators work really well when the asset is at or near all time highs and other indicators work best when...
In the previous post we discussed risk:reward, profit taking and trailing stop losses. If you have not read part 1 and part 2 then you are highly recommended to start there.
Taking Profit
Always taking partial profits, never making decisions for the full position. This is true when entering and this is true when exiting. It minimizes anxiety and...
IMPORTANT NOTE: If you are looking for a shortcut then this is not for you! This is for individuals who are enthusiastic about putting in the time and effort but may lack the structure.
I plan out my trades through in depth technical analysis, risk management and market research. I believe that consistency is the most important factor in regards to trading...
In part 1 we discussed how to identify a trend and the importance of understanding the time horizon. Please start with that post so that you understand how I identify trends.
Rules of Thumb
The longer the time frame = the lower the risk
The shorter the time frame = the higher the risk
The higher the leverage = the higher the risk
The lower the leverage =...
Before Entering
Start the by writing down predictions for what I expect to happen before the end of the day.
1 day | 1 week | 1 month predictions: Make projections for what is expected to happen during the listed time frames
Previous analysis/position: Review yesterday’s analysis to remember what your thought process was
Patterns: Established patterns outweigh...
Why Trading Plan Review is so important?
I write this to all the traders who want to build their own trading system.
for thoese are still waiting for siganls without any interest in developoing your own trading system, pls kindly ignore.
Step 1:
Plan your trade:
in this case, there are two reason for me to short gbp on 26/7/2018
1. Price pulled back to the...
The entry of 2614.00 is based on the previous day close of the 200 SMA
Stop loss is 2 ATR from the entry.
Profit target #1 is 2 ATR from the entry, giving you a reward to risk ratio of 1:1.
Trading Plan:
1. Set Stop loss(2531.50)
2. Sell half at Profit target #1(2696.50)
3. Once Profit target #1 hit, shift stop loss to 1 ATR above your entry. (2655.25)
4. Sell...
We always wait patient for the trade to come to us rather than chasing the trade.
Previously on Part 3, we missed the trade by a thin margin of 2.25 points.
The market bounced back up and retrace back down.
Luckily it presented an opportunity for us to enter the trade.
The Profit target #2 is identical to Part 3 Profit target #2 as price action did not reach to...
Hi everyone,
Some of you may or may not know that big changes will take place on august 1st 2018 on Forex and CFDs market especially for retail clients.
ESMA for European Securities and Markets Authority decided to ban binary option and apply a drastic decrease on leverage on all financial instruments including forex, CFDs and crypto.
All UE regulated brokers...
- AB has to touch the 0.618 of XA, but cannot touch to the 0.786 of XA
- BC has to touch the 0.618 of AB, but cannot go above the A
There are a few ways to look for D. In this approach, it is:
- Put a Fib Retracement from X to B.
- Put a Trend-Based Fib Retracement from A to B to A
- If the 0.718 and 1.272 are close to each other choose, 0.718
- Else,...
We want capture high quality trade like this.
which means: when you win, you win big.
when you lose you lose small.
Top Author doesnt mean 100% right.
All the ideas that I publish in tradingview is generated
from a trading system that comes with low risk and high profit
and a winning ratio about 50%
what kind of result you woud like to have?
A or B?
Traders,...
WHAT IS AN INSIDE BAR?
If you are wondering what an inside bar is, then here’s an explanation.
- the inside bar is a 2 candlestick formation
- the first candlestick that forms may be called the “mother candlestick”
- the second candlestick that forms after the “mother candlestick” is engulfed completely within the shadows of the mother candlestick. That second...
