The Cypher PatternThe Cypher Pattern
The Cypher pattern starts with the X and A points.
Point B retraces to the 0.382 – 0.618 Fibonacci level of the leg XA.
Point C is formed when prices extend the XA leg by at least 1.272 or within the 1.130 – 1.414 Fibonacci extension.
Point D is formed when it retraces the 0.782 Fibonacci level of XC
Harmonic Patterns
📕"Rich dad"! The one who helped me discover my purpose!Review of the book "Rich dad, poor dad" - Robert Kiyosaki
📕 The book that is on the 1st place in my list of business literature, which has had the greatest impact on me and changed my life!
As usual, I will divide my review into several parts - first the background, then the review, and at the end of the revelation and gratitude!
For those who are interested in reading only about the book and the ideas from it, you can go immediately to the second part and skip the first, the pre-story.
👷 ♀ This is part 1. Change in thinking. How I met Kiyosaki and his book.
🏭 This happened in 2009, in September. At that time, I was working at the Admiralty Shipyards factory and my partner Vitaly Sergeev suggested that I attend a seminar on Finance from NSG-life Insurance (a network company). I was just on a two-week vacation and I thought it would be good for me. From 2006 to 2009, I worked at a factory and read a lot during lunch breaks. These were mostly books by Boris Akunin or Sergey Lukyanenko, which were recommended to me by my friend and partner Sergey Martyanov, which helped me escape from harsh reality into the world of fantasy. But there was also one book that sowed the seed of financial possibilities in my mind - the financier by Theodore Dreiser.you can read my review of It at the link in the comments. So, at this seminar "about success" from the NSG, the hosts told interesting ideas about how to earn an apartment by saving 10,000 rubles a month is not real now, it will be difficult and painful to do it in 20 years. But there is a better opportunity — on the stock exchange, you can do it in a few years, and with pleasure, and not suffering at a job you do not love. I wrote down the title of the book in my notebook (I also set my goals for the first time with a deadline and wrote them down in that notebook too — this is the most powerful tool on the stock exchange, which I will see later), I heard about the author for the first time — Robert Kiyosaki "Rich dad, poor dad" and went home to a communal apartment. At that time, we rented a two — room apartment with our colleagues, and the four of us lived together-me, Sasha Fadeev, Vitaly Sergeev and Alexey Lobsky, all working at the same factory. I downloaded a book from the Internet and started reading it. Began at 19: 00 and finished at 5: 00 in the night. I read it completely in 1 day! I remember well how the guys called me to go out and drink, and called me crazy with "this book" (they just promised to buy me a free beer if I gave up this idea). I was shocked by what was written there. At the end of my vacation, I left the factory and went to a training course in Forex Club, but this is a completely different story. I clearly divide the period of my life before and after reading this book.
By the way, there was one funny moment, from September to November 2009, I read a lot, studied and made my first trade deals. And after I lost my first Deposit in Forex Club, I decided to get a job at the factory again, in order to earn more money, to make new capital for trading. When I got a job, I jokingly wrote in my application that I wanted to be a Director and earn $ 100,000 a month, and the bosses laughed for a long time. Well, after registration, I was able to work for only half a day, after an unbearable feeling of nausea, I immediately quit. Just on this day, the entire team was photographed and hung on the honor Board (I will add a photo), so that before I had worked even one day, I got into the history of "Shop No. 8".
🚢 Part 2 how is this book useful for me? What rich parents teach their children and poor parents don't teach them.
This book is written in such simple and understandable language that many examples from it will be understandable even to children. There, in principle, the story begins with the fact that from his rich dad, the future millionaire learns how to break out of the "rat race", using his intelligence, will and financial literacy. Well, just reading this book, and doing what is not a favorite job in the factory, I was in the "rat race".
✍ Now if you highlight all the most important thing you can read in the book, it can be divided into several paragraphs:
1) Why do people go to an unloved and boring job or "rat race"?
— The fear of being judged by society does not allow us to leave the rat race and become rich.
"Fear and greed can make financially illiterate people make unwise decisions.
— We do not learn financial literacy, despite the fact that it is vital for both personal and public well-being.
2) How can I start my journey to a better life?
— Financial self-education and realistic assessment of your funds are steps on the way to wealth.
— To become rich, you must learn to take risks.
— On the long road to wealth, do not lose motivation.
- Laziness and arrogance can lead even financially literate people to poverty.
3) what do successful investors think?
- Invest only in assets and avoid liabilities.
— Your profession pays the bills, but only your own business will make you rich.
- Study the Tax code to minimize taxes.
Even in the book, you will learn many times about the financial game "Cash flow", which helps in a playful way to understand and accept the ideas that Robert Kiyosaki speaks and writes about. Try playing this game after reading the book — it is a very useful and enjoyable activity! Knowledge that is not used in practice-die, and the game just helps to consolidate this knowledge. By the way, in my e-library there is a whole set of audio, e-books, and even games for your computer and smartphone, so use it, this is my gift to you (link in the comments)
PS: I liked the "adviser" card the most in the game, because for those who found it, it was possible to get profitable deals very quickly and easily win the game. In my life, I always wanted to find such an "adviser" who would give me profitable deals on the stock market, but for 10 years I have never found one. There is one Chinese wisdom:"you Can't find a better friend, you can only become one!", and I realized that I can become such an adviser myself, giving great deals to friends and partners. We have already published 10 profitable deals (some of them brought +200%) and none of them were unprofitable. we have helped our friends, partners and subscribers become richer! And our PAMM account earned more than + 22% in USD in 4 months. You can read about it here: (link in comments)
🎲 Part 3 Thank you my dad and my mom! Powerful game in 10 years on the ZX Spectrum
Now I live in Yekaterinburg and go through powerful self-development practices. I read a lot, attend a lot of seminars and different practices for the development of themselves and their abilities (even in Peru the Shaman in the ritual of "ayuasca"). So, after classes in Yekaterinburg, Anna Perot in the "Space of Truth" I have very sharpened my memories, which I have even forgotten. And it turns out that back in 1996, my dad Dima Kuznetsov and mom Elena Kuznetsova bought us a ZX Spectrum computer and I was already playing the financial game "SUPER PRESIDENT"! Damn, I was only 10 years old! And I remember very well the moment when I was able to change the structure of the game with the help of the" cheat code book", and instead of the initial $ 1000 I had millions of dollars on Deposit and passed it very easily, buying shares of various companies and selling them! I'm in shock! That child who was not yet 10 years old successfully traded shares! Now I am filled with such gratitude to my parents, who helped me discover my destiny as a child. I might have forgotten my purpose for a while, but I would have returned to it sooner or later! By the way, I gave my parents the first car — a Peugeot 306 convertible, and now they are moving around their hometown of Priozersk with comfort!
Do you have similar memories from your childhood?
What significant gift did you give your parents?
Can you share it in the comments?
🤯 Gold is already +100% and " Powerful practice for traders 4 J🙏 Hello everyone!
🤯 On July 4, 2020 at 17: 00 Moscow time, a webinar on "Powerful practice for traders — trading tribe" will be held with Sergey Nikolaev.
💰 This technique was developed by the legendary trader ed Seikota and described it in his book "the trading tribe". Edward Seykota is known that from 1972 to 1988 increased the account of one customer with$ 5,000 to $ 15 million. You can read about this by clicking the link in the comments.
✍ ️The trading tribe book was translated into Russian by Sergey Nikolaev, a person who conducts practices for the Russian-speaking community and is considered the best sitter of the trading tribe method in the post-Soviet space.
📛 Important! If you have not read the book "trading tribe" then you may not understand anything at the webinar, so we recommend that you read the book before recording for the webinar. To get a link to the webinar, write to me in the messenger or social networks that are in your profile.
👍 Have a nice day!
The NAS100 shark is surrounded by several indicatorsThis Idea is First Educational Idea
I am a novice Trader and not a Master. I hope that this Idea was Useful.
Nas100 Trend Formed Several Technical Subjects
1- Parallel channel
2- Rectangle pattern
3- Pullback and Breakout
4- Harmonic Pattern
5-supply/demand Zone
for this reason. I made this idea as Tutorial.
please leave a like and comment If it was useful
God Bless you and your Parents.
Bullish pattern cypherI'm new to this I like doing this while I trade is learn and do what's been selfthought, this to my knowing is a bullish pattern and we'd buy on the break of its trendline .. if not we sell the 1.24800 once broken from the 1.25000 that's fighting to keep price up
In wave's of intraday counting we in another correction before the last touch where I'd like to sell .. for I know the round figure can bring tough resistance.
TP 1.2558 if the top gets broken
And 1.2580
💰 A person who made more than$ 15m out of$ 5000 recommends it!!📈 I want to write a review of an interesting book. I will start my review with a short introduction by the author of this masterpiece, Edward Seikota-a legendary trader who changed the world of trading. He is widely known for increasing a client's account from$ 5,000 to $ 15 million between 1972 and 1988. And his book is called " the trading tribe "("the trading tribe») - the Russian version exists thanks to Sergey Nikolayevich.
📚 In his book "the trading tribe" Seykota says that 99% of failures and problems we have in mind. And that, with the help of certain practices and classes, you can remove these settings. Trade, and life in General for a person without installations significantly improves. In General, the main idea of the book is that " trade and psychology are one." The principle of the trading tribe is that a group of people gathers (usually in ed's group there were traders), which works on the installations and programs of one of the participants. After the work on the "trading tribe" method is completed, there is a significant improvement in the trade indicators of both this individual and the entire group as a whole.
🧠 I recommend this book to read, it helps you look at trading more broadly and see opportunities beyond trading situations.
🤯 I would like to add that I personally met with the person who translated this book, Sergey Nikolayev, but unfortunately I was not able to attend the "merchant tribe" class that he organized. But I have a similar tool, but in my opinion more complex and requires discipline-a simulator for the subconscious and installations "Master kit". Describing my results and experience with the simulator, I found that people mostly laughed at these ideas, and were not interested in its strengths. You can read that post from the link at the bottom of the message or in the comments. My personal opinion is that the "trading tribe" method is much stronger and more effective than the "Master kit" simulator, since it is based on the fact that in a large group there is a synergy effect, when one person in the field, plus another person equals not two, but three (or 1+1+1 = 10 and so on). You can read about this effect on the Internet, who does not know.
🪕 Seikota's book can be downloaded electronically via the link, also at the bottom of the post or in the comments.
PS: If any of the traders will be interested in organizing their "trading tribe" in Russia, I would be happy to connect Nikolaev. Only write in private messages, and then in the comments you risk being ridiculed.
💰 Habib says that money is good? What do you think?🥊Khabib Nurmagomedov is a UFC champion who has not suffered a single defeat in his entire career! ⠀(Images in comments with links)
🎤 The Russian fighter of the mixed martial arts acting under the auspices of UFC-the current champion in lightweight expressed so the attitude about money: "I like money. Who's to say he doesn't like them? If you constantly think only about money — it's bad. Wealth makes it possible to help people." ⠀
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🤼 As of March 30, 2020, Khabib holds the second line of the official UFC rating among the best fighters regardless of weight category. By the way, we calculated his statistics of all performances, and calculated that if you constantly bet on the victory of Khabib in all fights, you could start with just 1 million rubles in 8 years to earn 127 million rubles, provided you reinvest all profits. Look at the photos.⠀
Do you think money is as important as Khabib says or not? Do they make people better or worse?⠀
Is it possible to make a fortune on sports betting, or only on the stock exchange, stocks and securities?⠀
PS: Not so long ago, I saw a great opportunity to earn almost no risks +10% of the capital on bets, and wrote about it to my friend trader, so he told me that for him, sports betting is like a casino. Although I believe that the same way you can calculate the probability and earn. See the conversation on the screenshot.