The passing of time often creates one of two things. It can create Wealth or it can create Regret.
For instance…
Many people will say, I wish I bought real estate, crypto, stocks, etc. at certain times…then I’d be rich. We are all pretty good at looking backward and saying, “What if?”.
With Investing, the two most common reasons people miss opportunities are...
WHAT IS A PIP?
The pips is the unit with which we measure the price movement of a pair.
Example: If the USD/MXN pair is used. If the dollar is worth 20.7 and rises to 20.8, it is said to rise to 1 cent but in FOREX it is not measured with cents, it is measured with pips.
The price of the USD/MXN chart has 3 extra decimal places 20.8 000 those 3 extra decimal...
🎥Takashi Kotegawa turned around $12K to $200M in just 8 years and reached a net worth of a whopping $ 1.8B from trading in his bedroom🍻 When I met Stocks Genius Takashi a few years ago, he gave me one of the best trading advice👇🏻
Trade with small size while learning
Only risk 1% of your account size each trade
Master one setup
Find a solid mentor
Journal...
If you give someone a button to print money, they will press it
1,400 years ago the Roman republic inflated its currency until its empire collapsed
USD used to be backed by gold, but that ended in 1971
This allowed governments to print endless money
Hyperinflation is just a matter of time
The US government learned to overspend and print the difference
The...
December statistically the weakest month for the US Dollar, a statistic since 2000 against the EUR/USD.
Relative to statistics, December is the month in which EUR/USD gains the most.
The average EUR/USD increase for the month is over 1.58%.
This year there is a really good chance that the rule could be confirmed.
December statistically the weakest month for...
When we think of the USD, and what drives capital, the USD ‘smile’ theory is an interesting and logical model to conceptualise the fundamental drivers of price action.
The basic principle is we can think more strategically about the regime that drives the USD, and this has consequences for price, and by extension commodities and other second-order derivatives of...
Hi there guys!
I will be doing a short tutorial on Smart Money Concept's liquidity.
What is it?
- Liquidity acts as a driver to move the market in a specific price range.
- We can find liquidity in areas where many people place stop losses and buy/sell stops.
- Market makers will manipulate the price in order to break through these obvious zones and seize the...
Time – 3 Nov 5am AEDT / 6PM GMT (Jay Powell speaks at 05:30 AEDT)
Central bank meetings are just so important to sentiment and market structure – when we’re trading a major market theme, such as inflation and rising interest rates, this is the market’s chance to mark-to-market policy changes and how the collective in the bank guide our expectations for future...
What are GOVERNMENT BONDS YIELD?
Bonds are Fixed Income instruments that allow investors to anticipate the flow of funds they will receive.
What does an inverted yield curve mean?
Put simply, this means that short-term US debt is more profitable than long-term debt. Economic theory says that in a “normal” situation, long-term lending should be more...
📚 LEARN MORE
💰 EARN MORE
Inverse Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “Neckline” is drawn by connecting the highest points of the two Peaks. Neckline resistance does...
I have started this inflation and interest rate series, in our last video, we discussed "Inverted Yield". Today will be discussing the relationship between:
. Inflation
. Interest rate
. Dollar and
. Gold
Today's Content:
• Why with higher interest rates, it strengthens the USD
• Is USD the strongest currency? If not, then who?
• Strategy to counter...
📚 LEARN MORE
💰 EARN MORE
Inverse Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “Neckline” is drawn by connecting the highest points of the two Peaks. Neckline resistance...
• Triangle pattern explained + measurement method
• On the weekly chart, while ago, a triangle formation can be seen
• Breakout can be either way
• In the above case, the breakout was to the upside, supported by strong fundamentals in favor of the dollar
• Traders should wait for a successful breakout before placing any trade
• Breakout was confirmed by several...
Today, I am going to explain the concept of trend lines, support and resistance.
Above is the weekly chart of the EUR/USD, period between 2017 and 2022.
The resistance or support level is where the price gets rejected at least twice. After that, traders can draw a line connecting those swing highs/lows, which later turn to be the resistance or support. This line...
Hey traders,
I share my analysis, signals and forecasts on Dollar Index occasionally. Quite often I receive questions from you asking me to explain what exactly that index means and why it is so important.
Dollar Index (DXY) is a measure of the value of the United States Dollar against a weighted basket of major currencies.
This basket consists of 6 following...
How To Make Your Trading Plan In 7 Steps !
➡️ Choose The Correct Time Frame
All traders know what time frames are, but few know that each time frame has a specific way of working. Time frames from 15 minutes to 60 minutes fall under the name of day trading, meaning that all deals will be closed on the same day, whether with profit or loss, and traders call it...
How to Read Candlestick charts?
Candlestick charts were originated in Japan over 100 years before the West had developed the bar charts and point-and-figure charts. In the 1700s, a Japanese man known as Homma discovered that as there was a link between price and the supply and demand of rice, the markets also were strongly influenced by the emotions of traders.
A...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on US100, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous two episodes below "Related Ideas"
Always follow...
