PART 1 Are you tired and exhausted of finding a strategy that works, are you tired of predicting forex markets only to find out sometimes it works and sometimes it doesn't. First of all, you have to see what are your beliefs and you need to verify if you have right beliefs. Many traders think that forex trading is not gambling and to make money from forex you...
Hello traders, I thought of posting a simple chart illustrating upthrusts and springs, as I apply this approach to most of my trading idea. This will help you identify what are the false breakout that occurs and where it usually occurs. What is a Spring? 1. They usually occur late within the trading range 2. Serves the propose of providing market makers with...
Hello traders, I thought of posting an education post to explain in a simple way how I personally read charts using volume and candlesticks. This way my mind is fully focused on the chart without the need for digging and looking for news. Let me know if you have any questions in the comment section below. - Abdulla
Hello there, everyday i look in the chat and i see people making trades based on fomo, chasing price and news and i wanted to bring to life a few steps that i have in place before making a trade. I hope this is helpful! best of luck!
Part 1: WHY MOST people fail The number of people showing interest in Bitcoin and alternative digital assets is growing at an increasingly exponential rate. Some of these people may believe in the fundamentals behind the technology, while others just want to ride the wave of these mammoth sized returns. Then why are most people not making the returns that...
Importance of risk acceptance
Not all insider trading is illegal. In fact, executives of companies buy and sell shares of their own companies every day. While you shouldn't base your investment decisions off of what other people are doing, insider buying can provide you with a list of stock ideas worthy of further research. Peter Lynch, the former manager of the Fidelity Magellan Fund, has one...
WALTHAM, Mass., Oct. 03, 2017 (GLOBE NEWSWIRE) -- Deciphera Pharmaceuticals, Inc. (DCPH), a clinical-stage biopharmaceutical company focused on addressing key mechanisms of tumor drug resistance, announced the closing of its initial public offering of 7,500,000 shares of its common stock at a public offering price of $17.00 per share. The gross proceeds from the...
Many new to trading and investing have trouble sometimes with a TA one day being bull, the next day a bear. Or one being Bull and one Bear in the same day! This not only causes confusion but a rant of comments from those that do no understand the difference. Let me explain as I see attacks through comments not only on my posts but others as well. Pointing out a...
Just read what i wrote above and you will understand what is happening, we are once again experiencing overbought conditions. Don't forget this is not a currency and not a commodity, it won't go that down.
Hello Traders, In this article, we want to talk about some educational stuff because we see so many people losing in trading. How many months or even years are you in trading? 2 months? 6 months? Or even a year or more? Most of you out there who read this article might try to find out why they make the one-day profits and the other day lose it all again. We did...
News this morning - Tesco H1 18 Earnings Results: Revenue: GBP28.3B (est GBP27.62) Dividend: 1p and UK LFL Sales Up 2.2%. Two members of Tesco's financial team resigned in 2014 because they were concerned that their professional integrity was being compromised by what they were being asked to do by their bosses, a court heard on Yesterday. Now we have cleared...
We may see a test of the highs, but the most recent value are is my first target. One we get there look at the candles for more clues, but for now we move higher!
If we break through the resistance level we could head back to the value marked above by the green arrow. If there is a firm rejection then look for the level below marked by the green arrow.
On the weekly gold chart I am expecting a rest of the broken trendline as it confluences with a support level. We may pull back through it so be carefull if you any any trades here but following that a restest of the recent wave high is my first target.
Hello Traders, As you guys liked the previous educational part so much we decided to continue with that topic. In picture 1, you can see the interdependence between fear and greed! These characteristics harm us to make good trading decisions and stay calm! This fact is purely based on behaviour finance! This matter of fact is not only within the trader, it...
Just a daily view on the VIX It's for show how the VIX react. AT that time the VIX is realitely low...historical low we can said. Since 2015 we saw 4 shocks on market who came from BIG to LOW 1- the yuan devaluation,where we can remember was a good shock for stock,jpy and gold 2-the oil fail in start of 2016 where the stock make a good coorection also but get...
What you are looking at here is an interesting ratio. First part is the ETHUSD/ETHEUR ratio, as given by Kraken. This simply gives the EURUSD ratio in terms of ETH. Theoretically, this should be the exact EURUSD as given by forex, but it sometimes isn't. So if we look at the (ETHUSD/ETHEUR) ratio and compare it to the real EURUSD ratio, it looks like this:...