We see that an up-trend trend has started with the crossover where I circled it.
I believe that Tesla investors definitely have a trade with BTC.
When Tesla breaks the BTC line downwards, we see that prices are broken as well.
You might think it's a coincidence.
So let's look at the old data.
Year 2019
Arbitrage nodes can be seen everywhere.
Let us...
Hi, welcome to this video. Most of the people lost hope in stock market as their money tied up there for a long time, or they think that after paying for investment courses they should be able to earn money from the stock market, unfortunately after 3 months, half-year even more than a year they can’t even earn back their learning fees.
So, if you feel that earn...
As traders we are our own worst enemies!
A common theory with trading is as follows. 10% is having a good strategy, 30% is having good risk management and the final 60% is psychology.
If we as traders fail to address the final psychology part of the sentence above then we as traders will fail in the markets.
The chart shown in this idea is EURGBP working the...
Hello everyone, as we all know the market action discounts everything :)
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In today’s video, we are going to learn the Classic reversal and continuation chart patterns, How to identify them and when to enter a trade, and how to use stop loss and...
Summary: The German election offered no decisive outcome and we are now faced with the prospect of an extensive period of building a ruling coalition and a likely garbled policy mandate. Elsewhere, the issue that will increasingly seize market attention this week is the recent rise in US yields and how close the US Congress is willing to dance at the edge of a...
GBP
FUNDAMENTAL BIAS: BULLISH
1. The Monetary Policy outlook for the BOE
The Sep policy meeting from the BoE saw money markets rushing to price in a much faster and more aggressive policy path than previously expected. Even though this of course falls in line with our bullish bias for the Pound, we do think the market is a bit too aggressive too quick right...
Rates look poised for another attempt at a breakout. Can TINA remain our favorite gal if the 10Y gets above 1.5?
Crude looks good, while the Gold blemish continues.
Fed speak after the FOMC with Yellen & Powell testimony this week. The debt ceiling and an infrastructure bill are on tap for Congress. BTC & ETH are holding up, off the lows from last week.
5 most important candlesticks to know!
Simplicity is the key to a positive result, and many traders ignore the simplicity of using these 5 MAIN candle patterns and the importance of each of them, as well as what they are.
Many traders complicate everything and make trading more complicated than necessary. Using only these 5 candle patterns together with other...
Trend reversal or correction chart patterns announce a reversal of the current trend on the observed chart. The output of the figure is made, theoretically, in the opposite direction to the movement that precedes the formation of the pattern. In an uptrend, a reversal pattern indicates a bearish move. On the contrary, in a downtrend, it announces an upward...
To continue awareness our art of Technical Analysis, this idea is an educational post and summary of The Philosophy of Technical Analysis, from Technical Analysis of the Financial Markets, by John J. Murphy, 1999, Page 2-5
The Philosophy of Technical Analysis
1. Market Discounts Everything
The cornerstone of TA is that anything that can
possibly affect...
June 2009
China bans the use of digital currencies to buy real-world goods and services to curtail video-game currencies subverting the yuan.
www.cnet.com
December 2013
Banks banned from Bitcoin
People’s Bank of China and the IT ministry orders banks not to be a part of Bitcoin transactions. But, interestingly enough, people could still be a part of Bitcoin...
The S&P 500 has enjoyed a healthy bounce in recent sessions, but it may not be smooth sailing from here.
The first important pattern on this daily chart is the breakdown from the rising wedge. At earlier moments, prices bounced sharply at the lower trendline. This month, however, they sat heavily at support before knifing through. That suggests the trendline is...
This is always one of the biggest challenges to becoming a full time profitable trader.
Almost all traders will have a battle against becoming consistent.
Its something that I definitely struggled with when starting out in my trading journey. I would go through weeks of profitable trades and building my account and then equally go through losing streaks and...
In this post, I'll be providing an easy yet comprehensive explanation on the Evergrande crisis, and why it's important for us to understand the situation.
Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own...
Hello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
NOTE: some pattern could be reversal and continuation patterns depending if its in an uptrend or downtrend.
Today's video will be about the Candlestick Chart :...
I took a couple of months off to read a book i found on Amazon on Andrew Gann the inventor of GANN theory. After finishing his article i theorized that it could be transformed in these modern times. This will a Membership to perform, Alerts mean allot to people that want to automate the thought process behind this. Please note that i am not a paid person posting...
Chart patterns describe distinct structures in financial time series. Their occurrence helps technical analysts predict future price variations.
Triangle patterns form a part of the most studied patterns by technical analysts and have been well documented over the years, with some even applied to climate time-series data (1). In this post, we perform an analysis...
