The most difficult thing in life is to apply a simple thing with patience.
1. WEEKLY FIBONACCI LEVELS ( Red levels >= 0.618s)
2. BULLISH WOLFE PATTERN WITH CHANNELS
3. BEAR CHANNEL WITH DEEP ROOT
4. RSI WITH CHANNEL
WARNING : Warnings are shown as notes on the chart .
NOTE : My other analysis linked to related ideas below. The spot couldn't...
We may have seen the top.
A sensible trade shown with stop level and position close point.
The purple line is the line of the ascending trend.
The orange line is the Fibonacci 0.618 level that we can go when we break the purple line.
Hi this analysis is dangerous , not a direct point given.Just we 'll move on conjecture. Long position may open at stableness 7200 (after fall) and sell at 7500. If you use leverage , don't pass more than 20x and invest with pennies.
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...