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Can Bitcoin Hedge Against a Falling Dollar?Global inflation often signifies a weakening of global currencies. The question of whether Bitcoin can serve as a hedge against a depreciating dollar has gained significant interest among investors. Or should it still be the Gold? In this study, we will analyse the top 8 cryptocurrencies to determine which one is a more reliable currency hedge. Bitcoin & Its Minimum Fluctuation $5.00 per bitcoin = $25.00 BTIC: $1.00 per bitcoin = $5.00 Code: BTC Micro Bitcoin & Its Minimum Fluctuation $5.00 per bitcoin = $0.50 BTIC: $1.00 per bitcoin = $0.10 Code: MBT Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
CME:BTC1!Education
by konhow
1
Ninja Talks EP 31: Bruce Lee TradingEmbracing Bruce Lee's Timeless Insights to Conquer the Markets "Empty your mind, be formless, shapeless like water. If you put water into a cup, it becomes the cup. If you put water into a bottle, it becomes the bottle. If you put it in a teapot, it becomes the teapot. Water can flow or it can crash. Be water, my friend." - Bruce Lee Embrace Adaptability: Just as water adapts to any vessel it occupies, be flexible and adaptable in your financial speculation. Markets can change rapidly, and being rigid in your approach can lead to missed opportunities. Adaptability allows you to adjust your strategies according to market conditions and seize profitable opportunities. Cultivate an Open Mind: Emptying your mind, as Bruce Lee suggests, means letting go of preconceived notions and biases. Approach financial speculation with an open mind, ready to learn and explore new ideas. Embrace different perspectives, strategies, and techniques, as they can broaden your understanding and lead to better decision-making. Flow with the Market: Water flows effortlessly, finding the path of least resistance. Similarly, in financial speculation, it's crucial to flow with the market rather than fight against it. Pay attention to market trends, follow the momentum, and align your trades with the prevailing direction. This doesn't mean blindly following the crowd, but rather understanding the market's dynamics and adjusting your positions accordingly. Be Shapeless in Risk Management: Water takes the shape of its container, and in financial speculation, you must be adaptable in managing risks. Tailor your risk management strategies to suit different market conditions. Employ appropriate risk mitigation techniques, such as position sizing, stop-loss orders, and diversification, to protect your capital and navigate uncertain market environments. Maintain Emotional Balance: Just as water remains calm and tranquil, strive for emotional balance in your financial speculation. Emotions like fear and greed can cloud judgment and lead to impulsive decisions. Practice emotional discipline, keep your emotions in check, and make rational choices based on sound analysis rather than being driven by emotions. Learn to Flow and Crash: Water can flow gently or crash with great force. Similarly, as a financial speculator, you must learn to navigate different market conditions. During times of stability, adopt a flowing approach, where you follow trends and take advantage of gradual market movements. However, when faced with turbulent times, be prepared to crash, which means having the ability to protect your positions, cut losses quickly, and adapt to changing market dynamics. Find Your Own Path: In Bruce Lee's quote, he advises, "Be water, my friend." This suggests that you should find your own path in financial speculation. While you can learn from others and study successful strategies, ultimately, you must develop your own approach that aligns with your goals, risk tolerance, and strengths. Being water means discovering your unique style and adapting it to achieve success in the financial markets. By integrating these seven points derived from Bruce Lee's quote, you can approach financial speculation with a profound mindset, leveraging adaptability, open-mindedness, market flow, effective risk management, emotional balance, versatility, and a personalized approach to carve your path to success. That’s all for todays episode Ninjas! Like, comment, follow and I’ll see you in the next episode. Keep your blades sharp. Ninja Nick
COINBASE:BTCUSDEducation
by NinjaTradingServices
🟡 The Most Popular Myths About Bitcoin Debunked 🔑During the existence of bitcoin and other cryptocurrencies, a large number of erroneous judgments have appeared about them, which continue to spread among people even now. This leads to cryptocurrency being treated negatively, as the vast majority of myths about digital currencies are aimed at discrediting them. In this article, we will look at the most popular of them and debunk them for good. Bitcoin Can Be Hacked Cryptocurrencies are created based on blockchain technology, which organizes a database consisting of a chain of blocks. Each successive block has information about previous blocks. Such a database is stored simultaneously on all computers of the system participants. This technology is based on the principle of decentralization, that is, the database is not in one place, and all the computers participating in the system, form a network. To affect the network in any way, it is necessary to get 51% of its hash rate. Only then will it be possible to make changes to the transactions and impose their acceptance on a minority. Bitcoin's computing power is distributed all over the world, and to try to take over the network, a large amount of hardware has to be combined. Still, mining companies will not destroy their source of income. And even if someone decides to attack the system, it will at most lead to failures, which will be eliminated with emergency updates. However, cryptocurrency exchanges and other digital money services are vulnerable to hacking. Bitcoin Is Not Backed By Anything Back in 1971, the U.S. authorities abandoned the Bretton Woods system (the gold standard), and the U.S. dollar lost its peg to gold. Since then, the U.S. currency has not been specifically backed but is directly dependent on the country's financial stability. To understand what bitcoin is secured with and how its price is formed, it is necessary to consider the value and functionality that the cryptocurrency presents to its owner: Anonymity. No one monitors bitcoin transfers and has no right to influence (cancel or suspend) the transaction in any way; Low commissions. In the network of the main cryptocurrency, there is a fixed commission for transfers, which is set based on the load on the network. It means that the commission will be the same if you transfer $100 and $100k, as well as any other amount; Speed. Bitcoin transactions are usually instantaneous. Allowable delays range from a few minutes to one hour, depending on network load; Limitlessness. You can transfer bitcoins anywhere in the world. The main thing is that the recipient has a cryptocurrency wallet. Thus, bitcoin allows making anonymous payments and money transfers of any amount, regardless of the location of the sender and the recipient of the cryptocurrency. This factor, combined with bitcoin's limited issuance (21 million coins), determines the demand that subsequently forms the cryptocurrency's price. Bitcoin Is Used Only By Criminals The anonymity that cryptocurrencies give does allow the use of digital coins in illegal schemes. But, in this case, it is no different from cash, which is also used in illegal activities. Last year, bitcoin began to be actively bought by large companies to protect against inflation and other risks of the traditional financial market. For example, the main cryptocurrency of $1.5 billion was purchased by Tesla. According to CEO Elon Musk, Tesla sold 10% of bitcoins at the end of March and recorded a profit. The oldest U.S. banks, such as Morgan Stanley, Goldman Sachs, and JP Morgan, are also showing interest in cryptocurrencies. The latter is already preparing to launch its first actively managed bitcoin fund. Goldman Sachs will also make cryptocurrency investments available to clients. Bitcoin Is A Bubble Back in 2010, the price of bitcoin was less than $1, but now it is worth more than $23,000. Other cryptocurrencies have also seen their prices go up by hundreds or thousands of times. This gave reason to compare the cryptocurrency market with a bubble that will surely burst, and investors will be left with nothing. First of all, let's understand what a bubble is. It is an economic cycle of trading an asset characterized by an unsustainable growth of its market value. One of the first examples of such a bubble was the rise in the price of tulips in the Netherlands in the 17th century. At that time, their value soared tenfold, and never recovered after the collapse. There was also the famous dot-com bubble at the beginning of the century. Back then, the value of Internet companies soared and collapsed dramatically in a short period of time. Bitcoin and other cryptocurrencies have been around for more than a decade. During that time, they have gone through several cycles in which their value rose and fell. However, after all, previous falls, bitcoin has renewed its price records. Along with it, the entire cryptocurrency market grew. As analysts explain, cryptocurrency fluctuations form a pattern typical of young markets. They expect assets to rise and fall with smaller fluctuations over time, and the time between these cycles will increase. That is, the cryptocurrency market will become more stable and predictable. Buying Cryptocurrency Is Difficult Many potential investors are deterred from buying crypto assets by their lack of experience. Since it is a new and technological tool, it may seem complicated. In fact, it is possible to invest through special exchanges, mobile applications, or other trading platforms. The registration procedure on them is usually no more complicated than, for example, creating an account on a social network or in an online store. As a rule, the major exchangers ask to confirm the identity. To do this, it is necessary to upload a photo of the documents. This is a requirement of the world's regulators, which helps make exchanges more secure. However, those who value anonymity can also find exchanges where there are no such requirements. The process of buying cryptocurrency itself is also simple. To do this, you can top up your account and use it to make purchases or pay with your card directly for each cryptocurrency purchase. In terms of complexity, this procedure can be compared to recharging a cell phone or buying goods. One Needs A Lot Of Money To Buy Cryptocurrency Most people learned about the existence of cryptocurrency when the price of bitcoin reached tens of thousands of dollars, which would seem to immediately cut off investors with a budget of a few hundred. In fact, all services allow you to buy a share of bitcoin or another cryptocurrency. The minimum amount for which you can buy a cryptocurrency may vary from site to site, but usually, it's only a few hundred dollars. If you buy a bitcoin or other cryptocurrency, you will earn on its growth, as well as those who operate with tens of thousands of dollars. If an asset doubles in value, for example, then the investments of everyone who holds it will also double. The same will happen if the crypto-asset becomes cheaper. Only Pros Can Make Money With Cryptocurrency There is a widespread belief that buying cryptocurrency is similar to trading on the forex market. They say you have to buy it when it goes down in price, sell it when it goes up in price, and so on in a circle. And in order to do that one has to understand its trends, news, and reasons for daily price changes. Of course, that's how traders make money. However, most crypto investors are not actively trading. They only buy bitcoin or other tokens and wait for them to rise in price. This strategy is used by those who see the potential of cryptocurrencies in the long term. The superiority of this strategy is ease. You don't need to check the exchange rate every day and monitor the news. Cryptocurrency Guarantees Anonymity This myth arose because cryptocurrency allows for transactions outside of the banking system. There are also anonymous wallets, for the creation of which it is not necessary to enter any personal data. At the same time, it should be taken into account that any transaction is recorded in the blockchain and saved forever. This means that if bitcoin has been in a wallet that is associated with criminal activity, no matter how much it is sent to other wallets, it cannot be "laundered". Law enforcement can access the blockchain data and track down the person who made the transactions. However, because this procedure is complicated, it is used only in special cases. Everyone Who Buys Cryptocurrency Will Get Rich There are a lot of stories about people who bought bitcoin when it was worth a few hundred and woke up rich a few years later. Similar cases occur with other coins that have increased in price tens or hundreds of times. However, this does not mean that everyone who buys cryptocurrency will certainly get rich. Keep in mind that these are risky assets that can both rise and fall in value. In addition, their volatility is higher than that of stocks, real estate, or fiat currencies. Therefore, experts advise keeping 5% to 10% of their savings in crypto-assets. Cryptocurrency Is A Vogue, And It Will Go Away Soon A few decades ago, computers and e-mail were of interest only to a very limited number of technology enthusiasts. When Steve Jobs said that soon computers would be in every home, he was surprised to be asked, "what are they there for?". The same thing is happening now with cryptocurrencies. So far, they have been used by a relatively limited number of people. But today's cryptocurrencies create ecosystems that, according to analysts, will continue to evolve, and there will be more and more practical applications for them. There is growing interest in decentralized financial programs, which are safer, more reliable, and cheaper than the current systems. Tech giants are exploring ways to merge the real and digital worlds, using blockchain technology as a building block for this. States are thinking about creating their cryptocurrencies. So virtual assets, of course, will evolve and change but will remain with the technology on which they are based. Conclusion New tokens appear all the time and, quite possibly, some of them will increase in value hundreds of times. At the same time, some of them will depreciate or disappear altogether. Therefore, professionals advise diversifying your cryptocurrency portfolio: keep most of the funds in popular cryptocurrencies, such as bitcoin or Ethereum, and only part of the funds should be spent on new projects that seem promising. This will allow you to keep a balance between risk and reward.
OANDA:BTCUSDEducation
by FOREXN1
17
Inside Bar Candlestick Pattern 📉📉📉📉 We will cover the following today: Inside Bar (Inside Day) Inside Days 📉 Inside Days are a daily pattern involving two daily candles, we have a day of trade, also known as the ‘mother candle’ and then the following day trades the whole day within the range of the previous day. This is a two-day bias suggesting a potential reversal. A great way to play these sorts of biases is to pre-empt the failure of this reversal, as well as playing the success of the inside day, so what does this look like? Let’s take a look at an example below. What is an inside bar? The inside bar is a popular reversal/continuation candle formation that only requires two candles to present itself. This pattern is a direct play on short-term market sentiment looking to enter before the 'big moves' that may take place in the market. 📉 Is an inside bar bullish? Imagini pentru inside bar candlestick First, unlike other candlestick patterns, inside bars are usually not distinguished as bullish and bearish by their look or color of the body itself, but rather by the location they are at and other peripheral developments An “inside bar” pattern is a two-bar price action trading strategy in which the inside bar is smaller and within the high to low range of the prior bar, i.e. the high is lower than the previous bar's high, and the low is higher than the previous bar's low. 📉 TRADING WITH THE INSIDE BAR CANDLESTICK PATTERN: TOP TIPS AND STRATEGIES Some traders consider it a continuation pattern though a breakout in the opposite direction is possible too. After price has trended up (or down) for an extended period, the pause in price movement (represented by the inside bar) precedes a reversal of the trend. Therefore, the inside bar is looked at for a short-term trade (or swing trading) in the counter-trend direction with the goal of holding the trade for less than 10 bars. However, there is another way to trade inside bars and this is rooted directly from what the candle pattern does NOT reveal. When traders see an inside bar pattern form, it is interpreted as the markets unwillingness to push price higher or lower. This can be for any number of reasons: An extremely pertinent report is being issued soon, or The market just made a stratospheric leap and traders are tepid about bidding price much higher or lower. Whatever the reason, the motive is the same: seeking potential volatility in an effort to increase profitability. When there is a situation in which traders are unwilling to bid price higher or lower, it is seen as a potential situation for future increases in volatility. The inside bar candle pattern is NOT telling traders that the market is bidding price higher or lower but rather that the market is waiting before making the next big move in the asset. This means potential opportunities for traders. What do you think ? Comment below..
GEducation
by AnonimFXRO
Market Seasonality - Fundamentals 📉📉📉✅ Seasonality refers to particular time frames when stocks/sectors/indices are subjected to and influenced by recurring tendencies that produce patterns that are apparent in the investment valuation. ✅ Seasonality is a characteristic of a time series in which the data experiences regular and predictable changes that recur every calendar year. Any predictable fluctuation or pattern that recurs or repeats over a one-year period is said to be seasonal. ✅ What is a Seasonality Forecast? In time series data, seasonality refers to the presence of variations which occur at certain regular intervals either on a weekly basis, monthly basis, or even quarterly (but never up to a year). Various factors may cause seasonality - like a vacation, weather, and holidays ✅ You can use the Market Seasonality as an extra fundamental confluence for the price, we have 2 market seasonalities bullish and bearish. If a price has bullish seasonality it means the pariticular asset will tend to rise during that cycle and viceversa. Market Seasonality (MS) is a good tool to have in your arsenal but only if you are trading on a mid-long term perspective. You can't trade using the market seasonality on a scalping or a intra-day basis because it makes no sense. What do you think ? Comment below..
GEducation
by AnonimFXRO
Bitcoin - Market Seasonality 📉📉 What is crypto seasonality? Crypto seasonality is the perception that Bitcoin will rise and fall over a set period of time, drastically affecting the crypto market overall. Bitcoin (BTC) is the world’s largest cryptocurrency, as well as the first-ever one. As the first cryptocurrency, it has tons of value locked up into it at all times, and all subsequent coins, otherwise known as altcoins, are tied to it in some way. However, Bitcoin is no stable asset. The world’s first cryptocurrency is consistently ranging in value, dropping or rising tens of thousands of dollars at any given point. Every four years, this volatility is expected to reach a peak before crashing relatively hard due to the Bitcoin halving. The Bitcoin halving is programmed into the Bitcoin blockchain. Every four years, the halving occurs, and the rewards for mining Bitcoin are cut in half, effectively ensuring less Bitcoin is coming into circulation with every block mined. The market tends to correct after a halving, with Bitcoin’s price rising due to its more scarce nature, only to crash shortly afterward as investors cash in their newly-earned profits, and the market overcorrects as a result. While Bitcoin crashes, more investors begin worrying about their investments and may pull out to move funds into altcoins. 📉2. Is crypto seasonality good or bad? It affects everyone. But whether it’s good or bad depends on your investment personality. Crypto seasonality can be seen as both good and bad, depending on your perspective and investment personality. For one, newer traders might see seasonality as a good thing, as they can now invest in Bitcoin at a lower price. Long-time holders, however, might despise crypto seasonality as their Bitcoin holdings are almost guaranteed to crash every four years, forcing them to wait out the lows or reinvest their holdings into altcoins. That said, one can almost always expect Bitcoin to rise back up due to supply and demand. While this belief is never a guarantee, the leading cryptocurrency has historically risen to higher highs after each halving so far. 📉3. How crypto seasonality affects investors Crypto seasonality might force Bitcoin-only investors to gamble in the altcoin market. When Bitcoin’s price crashes, investors are almost forced into the altcoin market to continue generating profits. That said, altcoins are entirely unpredictable, and a project that’s massively popular one day can crash suddenly the next. The altcoin market is also full of scams. Rug pulls and deceptive marketing have led to investors being taken advantage of. Regulatory policies are still in the works and can negatively affect a trader's experience as they develop. Exchanges can be hacked and holdings stolen. There’s really no telling what can happen in the wild west that is the altcoin market. Sure, there are safer ways than others. Investors can buy into established passive income methods like Uniswap’s (UNI) liquidity pools, or participate in the mining or staking process of a coin rather than simply investing in it, but there’s still an inherent risk alongside these processes. What do you think ? Comment below..
COINBASE:BTCUSDEducation
by AnonimFXRO
Hammer Candlestick Pattern 📉📉📉📉 A hammer candlestick is a technical trading pattern that resembles a “T” whereby the price trend of a security will fall below its opening price, illustrating a long lower shadow, and then consequently reverse and close near its opening. Hammer candlestick patterns occur after a security has fallen in price, typically over three trading days. They are often considered signals for a reversal pattern. 📉 The hammer candlestick is a bullish trading pattern that may indicate that a stock or other assets like currency pairs/crypto coins has reached its bottom, and is positioned for trend reversal 📉 According to most textbooks: Whenever you spot a Hammer candlestick pattern, you should go long because the market is about to reverse higher. And that's what you do. The price immediately reverses and you get stopped out for a loss. 📉 Hammer candlestick is a unique candlestick pattern that indicates a potential trend reversal. Since it forms in a downtrend, traders associate the hammer with the return of bullish trend in the market. It is a short green candle with long lower shadow, which signifies lower price rejection by the market. Do you use hammer candlestick pattern in your analysis ? What do you think about it ?
BINANCE:BTCUSDEducation
by AnonimFXRO
TDI Trading Indicator 📉📉📉📉 Let’s break down the Traders Dynamic Index indicator and go through it a little bit. As you can see, this scalping indicator has five moving averages. The green line is called the price line and is similar to the RSI indicator and represents the market sentiment. It shows you how the market is moving related to positive and negative expectation. the settings for the price line is 2. The red line is called the signal line is simply a crossover of the green line and can be used for entry and exit in the market. The settings for the signal line is 7. The yellow line is called the base line is what we refer to as the overall market sentiment. It shows the overall direction of the market. The overall market has a tendency to do two things. It can turn slowly, or it can continue to go in the initial direction. This is because it’s too big and it can’t turn too quickly. It’s got to come to a gradual end. The settings for the base line is 34. Last but not least, we have two blue lines, one above and one below. Those blue lines represent the volatility in the market, similar to the Bollinger Bands. They are increasing and decreasing volatility. Traders Dynamic Index (TDI) MetaTrader indicator — a comprehensive but helpful indicator that uses RSI (Relative Strength Index), its moving averages, and volatility bands (based on Bollinger Bands) to offer traders a full picture of the current Forex market situation. This indicator can use sound and visual alerts. 📉 The TDI is the only technical indicator that can read the market sentiment, market volatility, and momentum at the same time. The concept is very simple, it is 3 rsi indicators on 3 different time frames and then it is combined with Bollinger bands. That is where the 5 lines come from 📉 Traders Dynamic Index (TDI) MetaTrader indicator — a comprehensive but helpful indicator that uses RSI (Relative Strength Index), its moving averages, and volatility bands (based on Bollinger Bands) to offer traders a full picture of the current Forex market situation. This indicator can use sound and visual alerts. Do you use this trading indicator ? What do you think ?
OANDA:XAUUSDEducation
by AnonimFXRO
📉📉📉 Wedge Trading Pattern 📉 What Is a Wedge? A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. 📉 Understanding the Wedge Pattern A wedge pattern can signal either bullish or bearish price reversals. In either case, this pattern holds three common characteristics: first, the converging trend lines; second, a pattern of declining volume as the price progresses through the pattern; third, a breakout from one of the trend lines. The two forms of the wedge pattern are a rising wedge (which signals a bearish reversal) or a falling wedge (which signals a bullish reversal). 📉 Falling Wedge When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, price may breakout above the upper trend line. This usually occurs when a security’s price has been rising over time, but it can also occur in the midst of a downward trend as well. The trend lines drawn above and below the price chart pattern can converge to help a trader or analyst anticipate a breakout reversal. While price can be out of either trend line, wedge patterns have a tendency to break in the opposite direction from the trend lines. 📉 Rising Wedge This usually occurs when a security’s price has been rising over time, but it can also occur in the midst of a downward trend as well. The trend lines drawn above and below the price chart pattern can converge to help a trader or analyst anticipate a breakout reversal. While price can be out of either trend line, wedge patterns have a tendency to break in the opposite direction from the trend lines. Do you use this trading pattern ?
OANDA:XAUUSDEducation
by AnonimFXRO
📉📉 FEAR/GREED INDEX 📉 Why Measure Fear and Greed? The crypto market behaviour is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction of seeing red numbers. With our Fear and Greed Index, we try to save you from your own emotional overreactions. There are two simple assumptions: 📉 Extreme fear can be a sign that investors are too worried. That could be a buying opportunity. When Investors are getting too greedy, that means the market is due for a correction. Therefore, we analyze the current sentiment of the Bitcoin market and crunch the numbers into a simple meter from 0 to 100. Zero means "Extreme Fear", while 100 means "Extreme Greed". See below for further information on our data sources.
COINBASE:BTCUSDEducation
by AnonimFXRO
Tweezer Tops vs Tweezer Bottom 📉📉📉📉 A tweezer is a technical analysis pattern, commonly involving two candlesticks, that can signify either a market top or bottom. Tweezer bottoms are considered to be short-term bullish reversal patterns, whereas tweezer tops are thought to be bearish reversals. 📉 Tweezer top indicates a bearish reversal whereas Tweezer bottom indicates a bullish reversal. Tweezer top candlestick pattern occurs when the high of two candlesticks are almost or the same after an uptrend 📉 A Tweezer Bottom occurs during a downtrend when sellers push prices lower, often ending the session near the lows, but were not able to push the bottom any further. Tweezer Bottoms are considered to be short-term bullish reversal patterns that signal a market bottom. A tweezers top is when two candles occur back to back with very similar highs. A tweezers bottom occurs when two candles, back to back, occur with very similar lows. The pattern is more important when there is a strong shift in momentum between the first candle and the second Do you use twezzer tops or bottoms ?
TVC:DXYEducation
by AnonimFXRO
✅ RISK ON vs RISK OFF ✅ Today we will talk about RISK ON vs RISK OFF Market Sentiment as i use this confluence to enter trades. 🎯 Risk ON vs Risk OFF market sentiment reflects all the market activity, its not a market sentiment for crypto or forex or stock market its for all the financial markets, when i use this confluence i try to understand what are institutional/retail investors are doing are they buying risk on assets or they are buying risk on assets. 🎯 Usually investors buy risk on assets when they are looking for risk meaning they want higher yield on their investment they want to MULTIPLY money(key word) this is happening during times of financial prosperity, no wars, no lockdowns, no problems around the world everyone are doing great and making money 🎯 On other side RISK OFF is when investors tend to buy financil assets that PROTECT (key word) their capital they dont want a high yield they want just to save their money and protect during time of financial stress, wars, lockdowns when everything is not clear and safe. ✅ RISK ON Assets Stock Market Crypto USOil AUD NZD CAD EUR GBP ✅ RISK OFF Assets Government Bonds JPY CHF USD GOLD SILVER
COINBASE:BTCUSDEducation
by AnonimFXRO
Marubozu Candlestick Pattern 📉📉📉📉 What is a Marubozu in forex? A Marubozu is a long or tall Japanese candlestick with no upper or lower shadow (or wick). The candlestick pattern comes in both a bearish (red or black) and a bullish (green or white) form and is easy to spot due to its long body. It basically looks like a vertical rectangle. 📉 How can you tell if Marubozu is bullish? The closing Marubozu is a stronger candlestick pattern. It is formed when the close price is equal to the high or the low of the day. When the close price is equal to the low then it is called bearish and when the close is equal to the high it is a bullish Marubozu 📉 What happens after a Marubozu candle? After two long red candles, the bearish Marubozu close pattern occurs, which signals that the bears are still a dominant force. Ultimately, the price action continues to move lower as the market was very bearish during this period of time 📉 How do you use a Marubozu candlestick? Basically, when trading marubozu candlesticks, Watch for bullish or bearish candlesticks to form. If bullish, take a long when price breaks above. Place stop below candlesticks. If bearish, take a short when price falls below. Place a stop above candlestick.
BITFINEX:BTCUSDEducation
by AnonimFXRO
Stochastic Trading Indicator 📉📉📉📉 The Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. The indicator can range from 0 to 100. The closing price tends to close near the high in an uptrend and near the low in a downtrend, the stochastic indicator is a two-line indicator that can be applied to any chart. It fluctuates between 0 and 100. The indicator shows how the current price compares to the highest and lowest price levels over a predetermined past period. 📉 How do you use a stochastic indicator? How to use the Stochastic indicator and “predict” market turning points If the price is above 200-period moving average (MA), then look for long setups when Stochastic is oversold. If the price is below 200-period moving average (MA), then look for short setups when Stochastic is overbought. 📉 Is fast stochastic good? The "fast" stochastic uses the most recent price data, while the "slow" stochastic uses a moving average. Therefore, the fast version will react more quickly with timely signals, but may also produce false signals. The slow version will be smoother, taking more time to produce signals, but may be more accurate. Do you use Stochastic Indicator ?
BITFINEX:BTCUSDEducation
by AnonimFXRO
1
Trading Psychology 📉📉📉✅ If you asked me to distill trading down to its simplest form, I would say that it is a pattern recognition numbers game We use market analysis to identify the patterns, define the risk, and determine when to take profits. The trade either works or it doesn't. ✅ In any case, we go on to die next trade. It's that simple, but it's certainly not easy. In fact, trading is probably the hardest thing you'll ever attempt to be successful at. That's not because it requires intellect; quite the contrary! But because the more you think you know, the less successful you'll be. ✅ The mechanical stage of trading is specifically designed to build the kind of trading skills (trust, confidence, and thinking in probabilities The first step in the process of creating consistency is to start noticing what you're thinking, saying, and doing Creating a belief that "I am a consistent winner" is the primary objective 🎯 I AM A CONSISTENT WINNER BECAUSE: 1. I objectively identify my edges. 2. I predefine the risk of every trade. 3. I completely accept risk or I am willing to let go of the trade. 4. I act on my edges without reservation or hesitation. 5. I pay myself as the market makes money available to me. 6. I continually monitor my susceptibility for making errors. 7. I understand the absolute necessity of these principles of consistent success an d, therefore, I never violate them. 🎯 The greater your confidence, the easier it will be to execute your trades To even start this process, you have to want consistency so much that you would be willing to give up all the other reasons, motivations, or agendas you have for trading that aren't consistent with the process of integrating the beliefs that create consistency. A clear, intense desire is an absolute prerequisite if you're going to make this process work for you. The object of this exercise is to convince yourself that trading is just a simple game of probabilities ✅✅✅
OANDA:XAUUSDEducation
by AnonimFXRO
Why i TRADE ✅💸 Why i Trade ? Trading is a serious endeavour where you meet with the financial elites of the world, i will give you couple reasons why i trade and why do i recommend it for you as well. ✅ Be your own BOSS You don't have a BOSS, you are your own boss. You have to be very disciplined because no one is looking at you to be productive ✅ Freedom of Time You have the Freedom of Time to work when you want, from where you want. As the advantage above you have to stay very disciplined because it takes time to acquire the skill ✅ Travel You can travel whenever you want as you are your own boss, this happens only if you are a profitable trader. I dont recommend you to trade during travelling as your focus level hardly decrease What any advantage you see ?
BINANCE:BTCUSDEducation
by AnonimFXRO
Two Biggest Trading Mistakes 📉📉📉✅ Two Biggest Mistakes in Trading . ✅ No STOP LOSS Run the risk of incurring a much bigger loss than expected may lead to wishfull thinking and end up holding and hoping may cause panic selling when trade goes against your direction, no stop loss trading in the long term will kill your account in the short term you can survive. ✅Overtrading - Higher change of losing focus as there are too many traders placed wil be emotionally overwhelmed to perform optimally, placing oversized positions than one can handle financially What do you think ?
BINANCE:BTCUSDEducation
by AnonimFXRO
How to Approach the Market by LevelsIn this educational post, I'll be demonstrating how you can approach the market with simple technical analysis techniques, and logic based on simple probabilities. This is not financial advice. This is for educational purposes only. Identifying Support and Resistance - The first thing you want to do, when you begin with a clean chart with nothing on it, is identify support and resistance levels. - There are a plethora of ways to do this - you can do it using technical indicators, heat maps, order books, etc - The more I chart, the more I find it convenient and accurate to identify support and resistance zones based on past price action. - Thus, for this example, in lieu of using complicated indicators or moving averages, I've decided to simply identify key levels of support and resistance. - Let's begin with the lowest point of support at $40.7k - This is a level that has been tested countless times, both as support and resistance, during this entire trading range of $30-60k since last year. - As we are currently trading above this level, this key region plays the role of support. - If bears manage to push us down below this level, it would provide confirmation that further downside is highly probable. - Next, we have the red line marking resistance at $45k levels. - We have tested this region twice already this year, and failed to break and close above it. - Thus, this level represents local resistance that we need to break and close above, in order to continue on with the bullish reversal. - We're then faced with the resistance at $47.2k, which is Bitcoin's opening price for the 2022 yearly candle. - The opening and closing prices of candles on the weekly, monthly, and yearly candles can play an important role as support or resistance. - Taking this into account, if we were to break above $45k and close above those regions, it would be very likely for us to continue upwards and test $47.2k - Then we have $53.7k, a key level of support-turned-resistance. - We can see how important this level is, as the price dumped down to $42k immediately last year, when support at $53k broke. - Thus, this is a key level of resistance that must be taken out before we can rally towards the $60k ranges. Logical Approach Using Probabilities - It's important to understand that predicting the market's future price action is impossible - And timing the market, while possible, is extremely difficult. - Thus, the best approach retail investors can take in understanding the market is one based on probabilities. - "If X, then Y" is all you need to know. - So for instance, applying this logic on the chart above, we would see something like this: - "If Bitcoin breaks down below $40.7k, then we could expect further downside to new lower lows." - "If Bitcoin breaks and closes above $45k, then we could expect it to test the yearly open resistance at $47.2k." Conclusion This market is difficult for old and new investors and traders alike. There are a lot of external factors combined - rate hikes, regional conflict, etc - that the market hasn't experienced yet. Bitcoin's price action is not extremely predictable at these levels, hence the best measured approach to take in understanding the market is to take it by levels. Identify key regions and levels of support and resistance, and look for confirmation and invalidation. In my personal opinion, I think that the bottom is either in, or that we're very close to the bottom. But until there's clear confirmation that we're out of the woods, I remain cautiously bullish.
BITSTAMP:BTCUSDEducation
by Michael_Wang_Official
8
🔥 Types of Analysis 📉 In trading and investing there are 2 t🔥 Types of Analysis 📉 In trading and investing there are 2 types of analysis a trader can make to have an edge and generate trading ideas. 📉 There is no such thing as technical analysis is better than fundamental or viceversa, personally i use fundamental analysis to understand what to buy or what to sell on a mid-long term perspective and technical analysis basically shows me when to enter the trade at a better price level. ‼️ Fundamental Analysis • Using of the financial statements, news and events to generate trading ideas • Mid-Long term approach • Usually investors/traders use this for investing or position trading that could last for couple months ‼️ Technical Analysis • Use chart, volume and price action • Short-mid term approach • Usually people use this for intra-day or intra-week moves Which one you like more ?
BINANCE:BTCUSDEducation
by AnonimFXRO
Why 90% of Traders Lose ? ❌ Going Full Margin Risk management is the most important in this game because it keeps you alive, keeps your account fresh during bad market conditions. Learn risk management first to understand how to protect your capital first of all and then learn a strategy You have to know your risk numbers in terms of • Risk per trade • Daily Drawdown Limit • Weekly Drawdown Limit • Monthly Drawdown Limit ✅ Buying SIGNALS Buying signals and expecting overnight succes could be bad for your trading journey, don't expect anything from anybody and start to be your signal generator ✅ Get Rich Quickly Trading business its not getting rich overnight, its getting rich for sure on a long term basis. Don't expect succes overnight its not gonna happen i promise you. • Trading is a marathon, not a sprint. Give it time and simply commit to the process ✅ Not Sticking to the Plan Your trading plan is your trading bible and principles, you should respect it no matter what. Your trading plan its the only thing you can control in the markets as you can't control the price movement. Make the plan and trade the plan. What do you think ?
BINANCE:BTCUSDEducation
by AnonimFXRO
3
Momentum in the Markets ✅✅✅✅ I will look at the momentum to understand if price has power to move towards my take profit area or no, a perfect scenario is when i enter a long or a short order the momentum should increase from candlestick to candlestick not decreasing, increasing momentum meaning that price has fuel and it is not exhausted. 🎯 Increasing momentum - bulls/bears has power, they have fuel to push price 🎯 Decreasing momentum - bulls/bears are losing power, they dont have fuel they are exhausted. ‼️ Take a look at this concept in HTF starting from H4 - MN Kindly see the photos attached with bullish/bearish decreasing and increasing momentum.
BINANCE:BTCUSDEducation
by AnonimFXRO