A 1 hour chart strategy. Presented to you. When: - The price is above the 4 hours 100-EMA - The MACD & Signal(5) lines are below zero - The MACD (blue) crosses above the Signal (red) line We buy When: - The price is below the 4 hours 100-EMA - The MACD & Signal(5) lines are above zero - The MACD (blue) crosses below the Signal (red) line We sell To keep in...
First I think it is more common for fund managers to do this compared to just analysts, because the top guy has the entrepreneur flame and focusses on his activities 247 as opposed to an analyst that works 9 to 5 for a pay and is not an entrepreneur. Also, actual professionals that sell courses like this are not as successful as random 20 yos or grey hair...
I hear alot about those and I see alot of ads and get e-mails for certain of those and I am stubborn and refuse to acknowledge the existance of something if they annoy me through ads but I was genuinely curious (that's what they want us to think) because to me "I'm a professional prop trader" sounds alot like "I'm a professional poop sucker". Is this prop trading...
An update on my use of indicators. Going to throw my thoughts out my thought process if you're interested. In my last "My favorite indicators" idea I placed the moving averages in the ones I do not use, they were top of the list thought the first ones that come to mind and make most sense. They are no substitute for a complete analysis but you need a starting...
The price gapped by 69 cents. Hard to think there aren't whales having fun fleecing retail or something. I wonder what will happen next with the COT. Actually we just changed month as we were close to expiry. Damn might have been able to profit from the contango. Still funny to see. I wonder how many retail gap traders will furiously short it now. And the...
It was 98 years that communists randomly drew the borders between Armenia & Azerbaijan (and Georgia and Turkey). And it's still a mess to this day. WW3 soon. Great time to take a look at the economy of the soviet union. This is a vast subject so I will only cover a tiny fraction of what can be said about it, but I will try to basically cover the general idea. I...
> Tesla bulls euphoric: California to ban sale of new gas-powered cars in 2035. Medieval diseases + medieval transports? 🤔 *********************** Politicians in California trying to suspend the laws of energy, they are FORCING people to buy electric cars (where does the electricity come from?) in a probably bribe motivated move or at least to get gullible...
2020 is a year filled with crowds. Bored by having to stay at home and not having a job, did they suddenly decide to form angry mobs? There are 2 main crowds identifiable in the USA which today (but not for much longer I believe) are the center of the world: - The street crowd, angry protestors that do not always know why they protest, but generally hate the...
You can skip the intro if you don't want to read a rant. ******************************************* Why are they all so lazy??? These "traders", especially those that sell signals. They drop a coinflip idea with 3 lines and that's it. Oh and people love it. Most of their ideas are so bad and those not terrible are just statistical normal distribution. All these...
Holding periods are at record lows and people are whining about it. Time to talk a bit about who participates in the market. 1- Liquidity ********************************** Something like half of the trading volume is done by specialists & HFT firms as well as a couple of scalpers which is a name for retail traders that hold for a few minutes to gracefully...
Hi history teacher making 20k a year and day trading with £1 million positions. Very Very Very Very Very strong support. The price keeps bouncing. Why? I have no clue, and this is the beauty of Technical Analysis ™. Everything is reflected in the price. We do not need to spend countless hours doing research. Technical analysis & the price reflects everything and...
Looks like the USD is recovering as expected. Gold I'm expecting a drop to at least 1800 but we will see. EURUSD could fall far away, there is at least 2 daily ATR to catch. We already analysed those pairs long ago and are ready now that they broke out as we were waiting for, not much to add.
Following my Gold & Stocks idea linked below, Gold has made a new low and tech stocks have visited my buying area. I never really made an idea about that (there are so many subjects) but one of the biggest thing with investing is mental flexibility: being able to unlearn what you learned. I plan making an idea about all the nonsense society & school teach...
Hi I'm grandpa Buffett, I was born at the right time and in the right country and I started investing at the very bottom of the biggest bull market in human history. The SnP 500 (drools a bit while mentionning it) returned bla bla bla so just buy and every american will become a decamillionaire with no effort. Who will do all the work to product what we consume? I...
Tehran and Beijing are making plans around the revived silk road. And in just a short 3-4 months the world will discuss the new world order. 3 main groups: the bagholding UN liberals from 1945 (Canada, France, Germany), Trump USA leaving the WHO and the UN, and China that wants to be at the center. A more reasonable in between group that would satisfy both China...
I will add a quick description for each timeframe. Let me start by saying there is no one definition for everything, every person comes up with a different definition (zzzz) so I'm sort of trying to paint an average picture for everything here. 1- Day Trading So here I am not counting arbitrage & quants. Rather the typical directional day trading performed by...
> Ubisoft recent game: includes evil organisation UMBRA with similar narrative & same symbol as BLM. That timing! 😂 *********************** Ubisoft, a really solid & smart company, with great user experience, that holds its promises, has great servers that work really well, treats the licenses it buys with respect and does not destroy them, has recently...
Indicators. They make us feel good, they comfort us, we love to expect too much from them then call them useless when they fail to predict the future. Or at least some people do. I myself find indicators comforting, or should I say they bring me relief. They can make every thing smoother, they throw numbers at us. The number is either above our threshold or below,...