When it comes to using technical analysis for making trading decisions, a solid, simple, yet robust trading strategy is an essential foundation for traders to achieve consistent profits. However, constructing that strategy can be a challenge, especially for those new to trading, as there is an overwhelming amount of information out there. There are nearly...
OANDA:XAUUSD
Gold has been an inconsistent inflation hedge, but there may still be benefits to holding a small amount of the yellow metal in your portfolio. Gold has historically had a low or even negative correlation to both stocks and bonds, suggesting it offers value as a tool of diversification.
Gold prices held up pretty well during the Covid-19 pandemic...
📊 Benefits of Long Term Investment 📊
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Reduces Transaction Fees (Cost)
Every time you invest, there is a transaction fee incurred. If you invest for a long-term and avoid repeated investments, you save multiple fees.
Tax Benefits (Tax)
Long-term investments are taxed at rates lower than your income tax bracket.
Stability (⚖)
Long-term investments...
😍Hello, again😍
👌🏻Today we are completing trading methods!!! 👌🏻
👉🏻The last method, that traders are actively using is long-term trading.👈🏻
So, let's go ...💪🏻
📌“Buy and Hold” - this principle is most suitable for the logic of a long-term investor.
😏 There is even a curious joke:
A daughter👧🏻 comes to her dad👨🏻, a long-term investor, and asks for money🤑:
👧🏻 - Dad,...
Bitcoin, if you still remember my yesterday's post about bitcoin, this is once again coming through and yesterday's candle has the alignment with our yesterday's analysis. The price is coming very close with the golden pocket zone around the $7000 region. And I really think the dead cat bounce will occur at this area when the price reach the current support level....
Comparing this chart Xrp/usd to Xrp/btc the Xrp/btc pair Xrp is retracing back to its all-time lows, so I will not be expecting and major surges on the Xrp/usd pair not unless there is a change in fundamentals and momentum on the Xrp/btc pair. Against the dollar (Usd) or tether (usdt) Xrp did hit its all-time high, according to my opinion we will have another ath,...
Weak hammer:
For having successful and steady transactions, Simple detection of market patterns is not enough. But with a deeper look, we should calculate the success possibility of each pattern. One of the determining power Parameters of hammer stick is about Descending or ascending that the body can be. Thus, if the body of hammer is ascending, Possibility of...
Hammer, The first sign of the beginning Ascending wave:
Hammer shows that the war between buyers and sellers, at the beginning of the day sellers could create significant reduction in price, with their high investments. But when the price had come to the lowest extent of it, many of buyers have entered with more investments than sellers. And again they could...
Conditions of a Perfect Hammer:
. Body height must be short.
. The total height of the candle must be taller than the Daily ATR-264. The taller the candle is, the stronger the Hammer is.
. The lower shadow’s length should be very tall. It is better to be over 75 percent of the Daily ATR-264.
. The upper shadow does not exist, or if it does, it is very small. It...
Hammer Candle Stick Definition
If there was a large drop in price in the middle of the day, but before the day ended it increased to what it was at the beginning of the day and even more, a significant upward return occurred. The candlestick of this change (move) will be a Hammer in a daily time frame. A Hammer formation on the daily time frame is a very strong...
