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Silver

Gold Update: Post-Election WeaknessThe price of gold typically drops after U.S. elections, and this time is no different. This weakness coincides with the expected wave count on the chart, as Wave 4 correction was anticipated. (see related) Wave 3 is extended, and so is sub-Wave 5 within it, which is a common pattern for commodities. Wave 4 has now begun, and there are two ways to measure its potential target: 1. Wave 4 typically retraces Wave 3 by around 38.2%. 2. The trend channel formed through the peaks of Wave 1 and Wave 3, and the valley of Wave 2, suggests a potential bottom for Wave 4. This chart shows an amazing alignment of these two factors: the 38.2% Fibonacci retracement is at $2,428, and the bottom of the channel is around $2,450. These levels provide a strong double support for gold prices. The final upward impulse should at least retest the all-time high of $2,802 (the peak of Wave 3). The Cup & Handle pattern (see related ideas) has a target of $3,000.
COMEX:GC1!Education
by aibek
Understanding The Basics Of AI/Inference Engine ConstructionRecently, there has been a lot of discussion related to my SPY Cycle Patterns and how they work. In short, without disclosing proprietary code/quants, I built an inference engine based on Fibonacci, GANN, and Tesla theories. Part of this inference engine is to identify the highest probable outcome related to the patterns. This is not rocket-science. This is the same process your brain does when determining when and what to trade. The only difference is I'm doing a bunch of proprietary calculations/quants related to data and price theory in the background, then the inference engine determines the best, most likely outcome. Take a few minutes to watch this video and try to understand the difference between static and dynamic modeling. Again, my objective is to help as many traders as possible. My Plan Your Trade videos are my opinions based on my skills, knowledge, and proprietary modeling systems/tools. None of my tools are 100% accurate all the time - nothing is. But, I do believe the quality of information and instructional information I provide is invaluable to most traders. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
NASDAQ:QQQEducation
by BradMatheny
2
Working To Unlock The 3-6-9 Secrets Of The MarketRecently, there have been a lot of questions related to my SPY Cycle Patterns and how they work. I've often stated that these patterns are based on Gann, Tesla, and Fibonacci's price theory. However, underlying all that is a core component related to the 3-6-9 (secrets of the universe) theory. This video tries to introduce you to the concepts of the 3-6-9 theory and how it overlays with Gann, Tesla, Fibonacci, Japanese Candlesticks, and more. My focus for the past 24+ months has been to unlock this theory's secrets and develop a practical use component (code) that attempts to provide very clear future trading/price predictions. Spend some time watching this video. See what you think and open your mind to the concept that price moves through construction and destruction phases (likely based on the 3-6-9 concepts). At the end of this video, I share some practical knowledge/examples showing why I believe the 3-6-9 theory is critical to unlocking the true secrets of market price action. I may never be able to unlock all of it, but I'm dedicated to trying to unlock as much as I can within my lifetime. This drives me to build code solutions and attempt to improve my skills. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYEducation
by BradMatheny
7
What To Expect After The Fed rate Cut: 9-18-2024 (Fed Day)This video is really designed to teach you some basics about Fibonacci Price Theory (FPT) Analysis. I wanted to show you how I see the charts using FPT and why, sometimes, I might be seeing things differently than you do on the charts. In my world, there are simple constructs that are evident on every chart. Supply & Demand zones, trending/flagging, and most importantly Fibonacci Price Theory constructs. Fibonacci Price Theory is the basis of all my analysis. It is the ground-level structure I look for in price on all charts. Then, I move to more advanced indicators and other analysis types to develop a Success/Failure outcome (trend/trade expectation). What I do is not hard to understand - it just takes practice. Fibonacci & Gann techniques are infinitely adaptable to any type of price action. I use another technique I call the Tesla Price Amplitude Arcs which often help me identify where/when price events may happen - but that is for another video (maybe). Ultimately, it comes down to understanding the structure and intent of price action (either success or failure) and how to position your trades for that success or failure of any price event. There are really two types of traders: trend traders and counter-trend traders. Trend traders try to catch the explosive price moves as trend events. Counter-trend traders try to catch major reversal levels in price and try to profit from counter-trend price moves (reversals/reversions). Using FPT, you can learn to execute both type of trading styles and improve your ability to see the market trends/setups more clearly. I hope this video helps you learn to become a better trader and helps you understand my Plan Your Trade videos more clearly. At least you'll be able to understand how I see charts and what drives much of my thinking related to chart. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYEducation
by BradMatheny
7
Developing Success With PineScript : Building Trigger MechanismsIn my ongoing quest to build better tools for traders, I continue to develop new quantitative trigger logic to improve the working versions I have already created. Trigger logic is complicated for most people because they fail to take the time to "focus on failure." Everyone builds trading systems focused on where the triggers work perfectly (trust me - I've seen/built a few hundred of them). But the most important thing to focus on is where it fails to generate a decent trigger and how you are going to filter it out or protect capital when that failed trigger hits. In this example, I highlight my new "Gun-Slinger" triggers and how my continued development is creating more advanced trading tools for skilled traders. I hope you enjoy it. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
NASDAQ:NVDAEducation
by BradMatheny
Silver (XAGUSD) how to construct a trade:Medium bullish take: OANDA:XAGUSD is trading around the $30 price level for the first time in years. Is there a trade here? Could we see $40 by EOY? Let’s draw some charts: We're trading in a Bullflag at the $30 level Triple top, we're not quite ready to hold above the level Find nearby price targets Establish long term support lines Use momentum indicators and price action to draw a reasonable path which engages the price structures you've established. So according to our charts, we should expect a bounce above $27 Be mindful, there are exogenous events that push the price around. Shifts in the macro landscape will impact the path price takes. For details, I've included a fun GIF, animating the construction of this chart. Check out my twitter for more! NOTE: Original idea posted 7/23
TVC:SILVEREducation
by dawsonMoonshot
5-Year SPX500 Expectations - Greatest Opportunity Of Your LifeWould you believe me if I told you the US & global markets (some) will rally more than 65% to 125% (or more) over the next 4 to 5+ years? You would probably call me crazy for even suggesting that will happen in a reasonably short time frame. But, what if I could show you how structurally (using Elliot Wave concepts and Fibonacci) this incredible rally may already be baked into the markets? What if I could show you that, barring any major economic destruction event, the US Fed and Global Central banks may have unleashed the inflation beast - which could lead to massive Hyperinflation over the next 5+ years? Would you be prepared for it? Would you even believe me if I could show you evidence that it may happen much quicker than you can imagine? And would you believe me if I told you Gold/Silver will rally more than 500% over the next 5+ years while attempting to hedge global debt/inflation risks? Now is the time to prepare for the greatest opportunity of your life. You must understand the structural mechanics of price related to the current global market dynamics. Please boost and share this video with your friends. Everyone needs to be aware of what is likely to happen over the next 5+ years so they can prepare for and profit from these exceptional price trends.
Editors' picks
FX:SPX500Education
by BradMatheny
29
COPPER, THE MUSICAL.. ERR I MEAN, GUIDE. (Cu, Copper)COPPER, What's the deal with this shiny brown stuff that I hear everyone steals? Should I steal copper or is there a better way? What do I need to know? What is the fast summary to catch me up? First, let's talk about the technicals. Some massive trends, all strong. price targets labeled there are numbers that go pretty high, but it seems a retracement might be needed to get there. Potential to buy under 3. Potential to sell over 4. idk where it heads first. Copper: A Comprehensive Overview Introduction Copper , denoted by the symbol Cu on the periodic table, is a versatile metal with a wide range of applications. It is renowned for its excellent electrical and thermal conductivity, corrosion resistance, and malleability. These properties make it a valuable resource in various industries. Uses of Copper Copper is extensively used in the electrical industry due to its superior conductivity. It forms a crucial component in electrical equipment such as wiring and motors. In the construction industry, copper is used for roofing and plumbing, thanks to its durability and resistance to corrosion. Interestingly, copper’s antimicrobial properties are leveraged in healthcare settings to reduce the number of patients who acquire infections in hospitals. How and Where Copper is Found Copper is typically found in nature in association with sulfur. The extraction process involves mining and concentrating low-grade ores containing copper sulfide minerals. This is followed by smelting and electrolytic refining to produce pure copper. Copper deposits are found in various locations worldwide, including South America, South Central Asia, Indochina, and North America. It is found as a primary mineral in basaltic lavas and also as reduced from copper compounds. History of Copper Use Copper has a rich history of use by humans. It was one of the first metals ever extracted and used by humans, first appearing in coins and ornaments around 8000 B.C. The advent of copper tools around 5500 B.C. helped civilization emerge from the Stone Age. Copper in the Periodic Table In the periodic table, copper is a transition metal located in Group 11, along with silver and gold. These metals share similar electron structures, which result in many shared characteristics. Comparable Metals and Alloys Copper is often compared to other “red metals” like brass and bronze. While copper is a pure metal, brass and bronze are copper alloys. Brass is a combination of copper and zinc, while bronze is a combination of copper and tin. Copper is also alloyed with other metals like nickel, aluminum, and beryllium to enhance its properties. Costs and Difficulties of Working with Copper Despite its importance, the extraction and use of copper come with significant challenges. Mining copper can lead to environmental hazards, affecting water access, air quality, and Indigenous cultural sites. Moreover, the cost of copper has been rising due to increasing demand and supply constraints. Future Potential of Copper The future of copper looks promising, especially considering its role in the energy transition. Copper is critical for renewable energy systems, including solar and wind power, and electric vehicles. However, the potential for a copper shortage is drawing concerns about how to sustainably meet future demand. Conclusion Copper is an incredibly versatile and important metal with a rich history and a promising future. As we continue to innovate and move towards a more sustainable future, the role of copper is likely to become even more significant.
CAPITALCOM:COPPEREducation
by nicktussing77
2
PLATINUM, WHAT IS IT AND WHY THE HECK WOULD I WANT THIS METALWhat is Platinum? Platinum is a chemical element with the symbol Pt and atomic number 78. It belongs to the noble metals group, which also includes palladium, rhodium, iridium, osmium, and ruthenium. Platinum is characterized by its high density, malleability, ductility, and resistance to corrosion. These unique properties make it an invaluable material for various industrial applications. Where is Platinum Found? While platinum is relatively scarce, it is not as rare as some other precious metals. The majority of the world's platinum supply comes from two main sources: primary production and recycling. South Africa is the leading producer of platinum, contributing significantly to the global supply. Russia, Zimbabwe, and Canada also have substantial platinum deposits. Platinum is often found alongside other minerals, such as nickel and copper, in ore deposits known as platinum group elements (PGE). Extracting platinum from these ores involves complex processes that require advanced mining and refining technologies. Why Would You Want Platinum? Jewelry and Luxury Goods: Platinum's brilliant white sheen and resistance to tarnish make it a popular choice for crafting high-end jewelry. Platinum jewelry is not only exquisite but also durable, making it an ideal choice for engagement rings, wedding bands, and other fine accessories. Catalytic Converters: The automotive industry extensively uses platinum in catalytic converters, where it plays a crucial role in reducing harmful emissions from vehicles. Its catalytic properties make it an essential component in promoting cleaner air and environmental sustainability. Electronics and Industry: Platinum is a key player in various industrial applications, including electronics, due to its excellent conductivity and resistance to corrosion. It is used in the production of electrical contacts, laboratory equipment, and in the manufacturing of glass. Investment and Financial Markets: Platinum, like gold and silver, is considered a precious metal and is actively traded in financial markets. Some investors choose to include platinum in their portfolios as a hedge against inflation and economic uncertainties. Platinum mining is a challenging and complex process. Extracting platinum from the Earth involves several intricate steps, and the scarcity of platinum deposits adds to the difficulty of mining this precious metal. Here is an overview of the key challenges associated with platinum mining: Ore Extraction: Platinum is often found in combination with other metals, forming platinum group elements (PGE) deposits. Extracting platinum from these ores requires advanced mining techniques. The ores are typically low in concentration, making the extraction process more intricate than that of more abundant metals. Depth of Deposits: Many platinum deposits are located deep underground, which adds to the complexity and cost of mining. Deep-level mining requires specialized equipment and poses safety challenges for miners. In some cases, mines may extend kilometers below the Earth's surface. Energy Intensity: The extraction and refining of platinum involve energy-intensive processes. The high temperatures required for smelting and refining contribute to the overall energy consumption of platinum mining operations. Environmental Impact: Mining operations, especially in ecologically sensitive areas, can have significant environmental impacts. Platinum mining may result in habitat disruption, soil erosion, and water pollution. Sustainable mining practices and environmental regulations are essential to mitigate these effects. Labor Intensity: Mining platinum is a labor-intensive process that requires skilled workers. The complexity of the operations, coupled with safety considerations in deep-level mining, makes it essential to have trained personnel. Market Volatility: The platinum market is subject to price fluctuations, influenced by factors such as supply and demand dynamics, economic conditions, and geopolitical events. This volatility can impact the profitability of mining operations and investment decisions in the platinum industry. Technological Challenges: The extraction and processing of platinum ores require advanced technologies. Developing and implementing efficient and environmentally responsible mining technologies is an ongoing challenge for the industry. Despite these challenges, the demand for platinum in various industries, such as jewelry, automotive, and electronics, continues to drive the exploration and extraction of new platinum sources. Innovations in mining technologies and sustainable practices are being explored to address the difficulties associated with platinum mining and ensure its responsible and ethical extraction. THE TECHNICALS Sharp downtrend, weak, although down, it is a support trend. Two strong (one stronger than the other) support trends, IF UNDER, THEN BUY is probably the rule for those. It looks like there is some downside to come, which has been showing. The ideal price targets are thicker, and basically mean, under perfect conditions, I'd exit and enter at these levels, however, nothing is ever perfect. AS far as what the technicals say for price, I'd say there is a good chance it can maintain $800, however, there is a possible dip showing, which takes price down to $700. Again, these are both under or at major trends, and we can say that if price gets to these levels, I have a better than average chance at profit. AND if I'm wrong, I'm backed up by multiple support lines, which means less time in the red. Other scenario is where the bullish momentum keeps moving up at we head up to 1200 or so before hitting that huge dip. However, I tend to see this as the less likely option. RSI is showing the dip, along with various other indicators as coming in the short term and being backed up with support and buying in the longer term, this doesn't include a black swan event, which would theoretically take the price way down, and rocket to all time highs, as platinum will likely hold value. Good luck!! Personal opinion, I'm bullish long term from a fundamental side and technical side.
TVC:PLATINUMEducation
by nicktussing77
Top 10 books in tradingAs a trader now of over 23 years, I have read a few hundred trading books in that time. It is always really interesting to have other people's perspective, strategies, hint, tips and tools. However, the main issue is not knowing if you are likely to get value from the book you purchase as it is also very subjective. You either have issues such as the book is too basic, or the other end of the scale, it's too advanced. During the 20 plus years, I found a number of great books that helped me - but also ones I have shared with others over the years. Regardless of your level of knowledge how do you know what works or would work for you or your style of trading? I put this list together in no real order, but I'll try to summarise each with a little about what I liked or what you can take away. ============================================================== "The Wall Street Jungle" Written by Richard Ney, first published in 1970. In this book, Ney provides readers with an insider's perspective on the world of finance and investment. He delves into the complexities and pitfalls of Wall Street, offering a critical examination of the stock market and the investment industry. Ney, a former Wall Street insider himself, reveals the often deceptive practices and psychological games played by brokers and financial institutions. He discusses the dangers of following investment advice blindly and emphasizes the importance of informed decision-making when it comes to managing one's finances. Throughout the book, Ney uses real-life examples and anecdotes to illustrate the challenges and temptations that investors face. He also explores the psychological aspects of investing, discussing how emotions can influence financial decisions and lead to costly mistakes. What I like about this is the emphasis put on the market makers, as a trader who uses Wyckoff Techniques, it made more sense when identifying with Composite Man theory. "Trading in the Zone" By Mark Douglas that focuses on the psychology of trading and investing. Published in 2000, the book offers valuable insights into the mental aspects of successful trading. Douglas emphasizes the idea that trading is not just about mastering technical analysis or market fundamentals but also about mastering one's own emotions and mindset. This book was one of the best in terms of psychology, every trader has a different appetite for risk and even profits, this is a huge factor in trading especially early on. If you struggle with psychology of trading or the emotions, I would 100% recommend this one. "The Wealth of Nations" Written by the Scottish economist and philosopher Adam Smith, first published in 1776. This influential work is considered one of the foundational texts in the field of economics and is often regarded as the birth of modern economics. In the book Smith explores the principles of a free-market capitalist system and the mechanisms that drive economic prosperity. He famously introduces the concept of the "invisible hand," which suggests that individuals pursuing their self-interest in a competitive market inadvertently contribute to the greater good of society. For me, the rules of economics have not changed much since the creation of this book. appreciating moves such as DXY up = Gold down, is simple economics. The main take away is again around Wyckoff theory for me and the fact the "invisible hand" is exactly why and how some fail and some profit. "The Go-Giver" Although not technically a trading book, it's one of the best little business/life stories. self-help book co-authored by Bob Burg and John David Mann. Published in 2007, it presents a unique and compelling philosophy on success and achieving one's goals. The book revolves around the story of a young, ambitious professional named Joe who is seeking success in his career. Through a series of encounters with a mentor named Pindar, Joe learns the "Five Laws of Stratospheric Success." These laws, which are principles of giving, value, influence, authenticity, and receptivity, guide him on a transformative journey toward becoming a true "go-giver." The way I saw this from a trading perspective is pretty much, the value given by stocks or companies is something Warren Buffet and Benjamin Graham investment theory was all about. Although a different type of value - you can understand why instruments such as gold or oil have a place, a value and this can be deemed as expensive or fair at any given point. These waves are what really moves the market. "The Zurich Axioms" A book written by Max Gunther, originally published in 1985. This book offers a set of investment and risk management principles derived from the wisdom and practices of Swiss bankers in Zurich. The Zurich Axioms provide a unique and unconventional approach to investing and wealth management. The book presents a series of investment "axioms," or guidelines, that challenge conventional wisdom in the world of finance. These axioms emphasize risk management, flexibility, and the willingness to take calculated risks. They encourage investors to think independently and avoid the herd mentality often associated with financial markets. For me it's more about investing and less about trading. But the deep down message is all to do with ultimately wealth preservation, I have been in the wealth management and investment space and found it interesting that the more an investor has, the less about making money it becomes and more about safe guarding that capital it gets. "Mastering the Market Cycle: Getting the Odds on Your Side" Written by Howard Marks, a renowned investor and co-founder of Oaktree Capital Management. Published in 2018, the book delves into the critical concept of market cycles and provides insights on how investors can navigate them to enhance their investment strategies. In the book, Marks emphasizes the cyclical nature of financial markets and discusses the inevitability of market fluctuations. He explores the factors and indicators that drive market cycles, such as economic data, investor sentiment, and market psychology. Marks' central thesis is that investors can improve their chances of success by understanding where they are in the market cycle and adjusting their investment decisions accordingly. I had a spooky delve into market cycles, I have a good friend who told me he did not trade price, instead time. This was something I could not really figure out, but was so fascinating that the markets can work in cycles. It was interesting that Larry Williams also discussed a similar thing with the Orange Juice market's in one of his books. "How I Made One Million Dollars Last Year Trading Commodities" And here is Larry Williams' book. provides an insider's perspective on his successful journey as a commodities trader. In this book, Williams shares his personal experiences, strategies, and insights into the world of commodity trading. He outlines the specific techniques and tactics he used to achieve remarkable profits in a single year. While the book may not offer a guaranteed formula for success, it offers valuable lessons on risk management, market analysis, and the psychology of trading. It serves as both an inspiration for aspiring traders and a guide for those looking to improve their trading skills in the volatile world of commodities. For me, the COT intel is invaluable. When you learn what drives markets really, COT is such a useful tool to have at your disposal. "Nature's Law: The Secret of the Universe" A groundbreaking book by Ralph Nelson Elliott, the creator of the Elliott Wave Theory. Published in the early 20th century, this influential work introduced a novel perspective on market analysis and price prediction. Elliott's theory posits that financial markets and other natural phenomena follow a repetitive, fractal pattern that can be analyzed through wave patterns. He outlines the concept of impulsive and corrective waves and demonstrates how these waves form trends in various financial markets. The book delves into the idea that the market's movements are not entirely random but instead exhibit an underlying order, governed by these wave patterns. Elliott's ideas have had a profound impact on technical analysis and have been adopted by traders and analysts worldwide. "Nature's Law" serves as the foundation of the Elliott Wave Theory, offering valuable insights for anyone interested in understanding and predicting financial markets based on natural patterns and mathematical principles. If you want to learn about Elliott Waves - here it is from the horse's mouth as they say. "Master the art of Trading" By Lewis Daniels - Master the Art of Trading trader, offers a quick, easy, and comprehensive roadmap to trading. It explores the grand theories and behavioural economics underpinning the markets, from Elliot Wave Theory to Composite Man. It unpicks visual data, such as candlestick graphs and trend lines. It equips readers with the correct tools to make sense of the data and to make better trades. And it helps readers uncover their innate strengths, realise their propensity for risk, and discover what sort of trader they are - on order to optimise their behaviour to make them as effective as possible. This book puts together all of the core trading requirements from the basic trendline through to psychology and technical techniques. "The Intelligent Investor" a classic and highly influential book on the subject of value investing, written by Benjamin Graham and first published in 1949. Graham, a renowned economist and investor, is often considered the "father of value investing." The book offers a comprehensive guide to the principles and strategies of sound, long-term investing. Graham's central concept is the distinction between two types of investors: the defensive, "intelligent" investor and the speculative investor. He emphasizes the importance of conducting in-depth analysis and due diligence to make informed investment decisions, rather than engaging in market speculation. I don't think any list of trading books is complete without this one! It's the Warren Buffer Holy Grail. For me, it's about risk management, finding value - especially with investments like value stocks. Using compounding interest and the factor of time to your advantage. ===================================================================== I would be keen to get comments and other book recommendations from the trading community here on Tradingview.
FX:XAUUSDEducation
by Mayfair_Ventures
5
How to Profit from Trend Exhaustion - XAGUSDHow much ... and when? What else is there to know? Enjoy this multi-timeframe tour of the XAGUSD chart to learn how I find MAJOR reversals and targets BEFORE price action reaches them. As always, I strive to produce charts that speak for themselves, and yet this is my video debut here on Tradingview, and I could not be more pleased to narrate this unusual experience. If you enjoy it or, better yet, if you learn from it, then consider this a preview of forthcoming weekday morning livestreams, which I hope you will follow. Until then, be liquid!
OANDA:XAGUSDEducation
by TheLeadingIndicator
4
The Evolution Of Money: From Barter-System To Cryptocurrency!Hello, Welcome to this analysis about The Evolution Of Money. Till today money had a protracted history reaching back to times where there even did not exist electricity or industry like we now it these days. Since these beginnings money constantly reshaped and emerged new forms of money that theoretically can be applied still today however it is also a fact that it is important in which form the money circulates bringing innovation and prosperity to the civilization as there are money forms although logical from its form however contra-productive for the further developments. __ The Barter System (High Phase 98000 BC - 900 BC): It is clear that in times where people did not have the ability to keep a sufficient store-of-value they had to adapt to circumstances and exchange what they had in order to receive things they need for everyday living, this form of money is called the "Barter-System". This system principally defines the exchange of goods and services against other goods and services. It was a typical hunter-gatherer-form of exchange between the individual occupations. For example, a fisherman had a lot of fish however no grain to exchange for and on the other side there was a farmer which had a lot of grain, however, no fish to eat, so these two come to an agreement to exchange the fish against the grain in order to fulfill both sides needs. This system had a lot of substantial problems as it was not possible to store any value with the goods and services, besides it only functioned when the other side also searched for the offered product therefore there needed to be a double coincidence of wants otherwise an exchange was not fulfilled by both sides agreements. Besides that there was the issue with the indivisibility of goods, for example, one had one goat and needed one pot therefore it was only possible to exchange one goat against 10 pots and now the goat holder was stuck because he could not share the goat into 10 pieces to received his one pot as needed. Overall it was a complicated exchange system that definitely could have been improved. Commodity Money (High Phase 6000 BC - 500 AD): Since it was not possible to store values with the Barter-System as there were also many goods that fouled by the times this could also be improved by the right commodities that do not foul. In ancient Rome, the Romans moved on to keep salt as a store of value and exchange for goods and services. Salt is easily divisible, it can be stored for a long period of time and it was expensive and labor-intensive to produce therefore limited in quality, besides that it was widely consumed by everybody. Additionally to salt, many other forms of this commodity money emerged such as Cattle, Tobacco, Rice, Sugar, or Tea. All commodities which can be stored over a long period and exchange properly. Together with these new gained advancements, it was a step in the right direction nevertheless there remained significant negative aspects in the commodity money these are various things such as some forms of cattle are very difficult to store because they need to be fed constantly and can not obtain a passive store, other forms like cowry shells are fragile and need to be transported carefully. Besides these storing problems, it was always difficult to transport over long routes as the commodities can take up so much room that it was simply so unpracticable to transport them over long distances. Also, there existed not universal acceptability so the two exchange partners needed to agree on the exchange of these commodities to come up with a deal. Metal Money (600 BC till today) Metal money was a true revolution in the money evolution and the story speaks for itself as it is still today widely accepted and a sufficient store of value with gold and silver holding its values. Against the commodity money, it was stable and had an inherent value as it is rare in nature as well as its supply is limited, the perfect characteristics for a natural store of value and also exchange value. As metals were already used for armors and tools and had already the value within these products this kept advancing with the first coins to be pressed in ancient Greece 600 BC after which the metallic money kept advancing into more sophisticated forms such as the IOUs and also tender coinage bringing a practicable way to pay for goods and services. The Metallic Money shaped into different forms like the IOUs where Goldsmiths backed the gold and gave people a trust which they can exchange in order to receive goods and services, so the people came to the goldsmith and bought basically gold for which they received the document to pay with. The only problem with this system was that the Goldsmiths created fake IOUs and kept spending them. Besides this form, there was the legal coinage in Rome for example with gold coins issued by the empire however the problem, in this case, was that it got debased over time as the people mixed more cheap metal like copper with the gold coins to get a higher supply, today it wont function so easily as it can be proved nevertheless in this time it marked a serious issue. Paper Money (1690 till today): The emerging paper money in fact marked a true change in the whole money system as now it was not possible to issue by everybody, now it was issued by a central authority whereas these authorities firstly existed private also the mission came more and more into central bank area. The first printed money was created in 1690 in the form of a bill of credit to serve as a promissory note by the government on its own credit, these bill of credits were unsecured paper money and at this time in the 17th to 18th century, it was still possible to have private money with private companies creating own bills with the individual exchange qualities to get into the circulation. Till today many currencies have established holding the money as it is issued by certain central banks such as the US-Dollar by the Federal-Reserve-System or the EURO by the European-Central-Bank. The problem here is that this money is printed by will and the central banks have the ability to just print more when the time is needed to do so like it was seen in the corona crisis where the money sum moved exponentially to new heights. Although Paper Money is still omnipresent and used as a store of value as well as exchange value to there are important faults that need to be improved to keep a healthy economic balance and obtain continued stable money. Plastic Money (1946 till today): In the 20Th Century, the printed central bank money moved now into the account money especially backed by the payment providers in the individual credit or debit cards. The first bank-issued cards originated in 1946 as a Brooklyn banker created the charge-it card, these were forwarded to the bank account and then the service or good was released. In post-war times further cards followed and till now there established credit-card providers which issue credit or debit cards also with giving their own credits to people that can be paid back. Cryptocurrency (2008 till today): This is the very last money form and the most innovative so far, like Bitcoins, like they invented, are limited in supply and can only be created through the mining process and proof of work they provide a sustainable interface within the blockchain which transactions are scalable and easy to use for peer-to-peer-transactions. It is not a wonder that the cryptocurrency market since the beginnings expanded more and more and several other projects emerged, there are still many projects given however the market will likely sort the not innovative ones out. Cryptocurrency marks the point in the history of money evolution where money advanced significantly from its initial barter exchange system to cryptocurrency. This is a major step and as for now, central banks are looking also into cryptocurrency and blockchain technology to implement their own central-bank-digital-currencies. There are really not many contra-aspects like in the previously stated money forms as cryptocurrency improved all the issues that previously came up and also innovated increasingly above these. __ In this manner, this was my analysis about the evolution of money which is important as the money keeps on shaping as we see it especially in these times with cryptocurrency, it is also not unlikely that these technologies will improve further, and there comes something new that is more applicable and innovative however till now cryptocurrency serves as the highest quality money forms when comparing to the other money forms. Especially it is the case that all money forms still coexist today however mainly not applicable. __ In this manner, thank you everybody for watching, support the idea with a like and follow or comment, have a good day, and all the best to you! Information provided is only educational and should not be used to take action in the markets. __
FX:XAUUSDEducation
by VincePrince
21
💰 Exploring the Potential of Investing in Precious Metals.Throughout the ages, the allure of rare and captivating metals like gold, silver, platinum, and palladium has remained unwavering. Their scarcity, exquisite aesthetics, and enduring nature have made them objects of desire. While these metals are commonly associated with ornamental jewelry, their utility extends far beyond adornment, finding applications in various industrial and technological realms. Moreover, precious metals have long been regarded as a safeguard against inflation and a sanctuary for investors amidst economic upheaval. Consequently, the trading of these invaluable commodities has evolved into a pivotal component of the global financial landscape, witnessing the exchange of billions of dollars each passing day. In this exposition, we embark upon an exploration of the fundamentals of precious metals trading: the mechanisms at play, the influential factors shaping prices, and the diverse avenues through which investors can partake in this exhilarating and ever-evolving marketplace. The vast realm of metals is neatly divided into two distinct groups: ferrous and nonferrous. The former encompasses iron, manganese, and chromium, although experts occasionally question the inclusion of the latter metal. This classification extends to alloys containing elements from these primary ferrous metals. Understanding Precious Metals From an official statistical perspective, ferrous metals command an overwhelming share, reaching up to 90%. One would naturally assume that such metals enjoy significant demand on stock exchanges. However, in reality, a majority of transactions occur outside the realm of these exchanges, transpiring directly between buyers and sellers. Consequently, the ferrous metals market and its liquidity do not boast the most favorable conditions. Within this category, certain metals hold a prominent position in exchange trading, namely: gold, silver, platinum, palladium, copper, aluminum, zinc, and nickel. Amongst these, gold and silver reign as the favored choices among traders and investors. To comprehend the market of precious metals in its entirety, it is imperative to examine it through two essential lenses: the functional aspect and the institutional perspective. Ultimately, the market represents a harmonious amalgamation of diverse spheres, encompassing not only extraction, production, and processing but also the final sale to consumers. The price of precious metals is subject to the influence of various factors, encompassing: Supply and demand dynamics: The fundamental principles of supply and demand exert a significant impact on precious metal prices. Limited supply coupled with high demand typically drives prices upward. Economic indicators: Economic data, including inflation rates, interest rates, and GDP growth, can shape the price trajectory of precious metals. For instance, during periods of elevated inflation, investors often seek refuge in precious metals as a store of value, leading to increased demand and subsequent price appreciation. Geopolitical events: Geopolitical occurrences like wars, trade conflicts, and political instability have the potential to sway precious metal prices. When geopolitical tensions escalate, investors frequently turn to precious metals as a safe haven, fueling demand and subsequently driving prices higher. Currency fluctuations: Since the price of precious metals is commonly denominated in US dollars, fluctuations in currency value can impact metal prices. For instance, if the US dollar strengthens, precious metal prices may experience a decline as they become relatively more expensive for buyers using other currencies. Investor sentiment: The sentiment and outlook of investors can play a vital role in shaping precious metal prices. Bullish sentiment may lead to increased buying activity, resulting in price surges. Conversely, bearish sentiment may prompt investors to sell their holdings, leading to price declines. To summarize, the price of precious metals is influenced by a multifaceted interplay of factors, ranging from the core dynamics of supply and demand to geopolitical events and currency fluctuations. Investing in precious metals offers several avenues for investors to participate in the market. Here are three of the most popular approaches: Stocks: Investors can purchase shares in mining companies engaged in the extraction of precious metals like gold, silver, platinum, and palladium. The stock prices of these companies often correlate closely with the underlying metal's price, as their profitability is tied to production costs and market demand. Exchange-Traded Funds (ETFs): Precious metal ETFs enable investors to buy shares in a fund that holds physical precious metals, such as gold or silver. These funds aim to track the price movements of the respective metal, providing a convenient means of exposure to the market without the need for physical storage and transportation of the metals. Contracts for Difference (CFDs): CFDs are financial instruments that allow investors to speculate on the price fluctuations of precious metals without owning the physical metal itself. By entering into a contract with a broker, investors can buy or sell the metal at a predetermined price on a future date. CFDs are a more speculative approach, involving leverage and potentially significant losses if the metal's price moves unfavorably. The potential earnings from trading precious metals can vary greatly and are highly dependent on individual factors and market conditions. It's important to note that trading in precious metals can be subject to volatility and fluctuations, and there are no guarantees of specific earnings. While gold and silver have demonstrated a long-term upward trend, it is crucial to approach trading with realistic expectations. Over the long term, precious metals have historically shown the potential for favorable returns. However, short-term gains can be less predictable. It's important to have a long-term perspective and not expect significant profits within a short period. Patience and a strategic approach are key when investing in precious metals. It's worth mentioning that the scarcity of precious metals, especially gold, has a significant impact on their value. As the available supply diminishes over time while demand remains steady or increases, the price per unit tends to rise. This trend is driven by the basic principles of supply and demand. In summary, while precious metals can offer good returns over the long term, it's important to manage expectations and understand that substantial earnings may take years or even decades to materialize. Investing in precious metals offers both advantages and disadvantages. Here are the key pros and cons to consider: Advantages: Safe haven investment: Precious metals, particularly gold and silver, are often viewed as safe haven assets during economic uncertainty or market instability. They can act as a hedge against inflation, currency devaluation, and geopolitical risks. Diversification: Precious metals provide diversification benefits to an investment portfolio. They have a low correlation with traditional assets like stocks and bonds, which can help reduce overall portfolio risk and enhance stability. Tangible assets: Precious metals are physical assets that can be held directly, offering a sense of ownership and security for some investors. Having tangible assets can also provide a potential alternative during times of financial crisis or disruptions in the banking system. Disadvantages: Volatility: Precious metal prices can be highly volatile, experiencing significant price swings within short periods. This volatility can pose risks, especially for short-term traders or those seeking quick profits. Limited income potential: Unlike stocks or bonds, precious metals do not generate income through interest payments or dividends. Their value primarily relies on price appreciation, which may limit their long-term growth potential compared to income-generating investments. Storage and insurance costs: If investing in physical precious metals, storage and insurance expenses can add to the overall costs of ownership. Proper storage facilities and insurance coverage are necessary to protect the value of the assets, which can eat into potential returns. Market manipulation concerns: Critics argue that the precious metals market may be susceptible to manipulation by large players or governments, potentially leading to artificial price movements that may not reflect true supply and demand dynamics. It's important for investors to carefully weigh these advantages and disadvantages, taking into account their financial goals, risk tolerance, and the broader investment landscape. Consulting with a financial advisor or conducting thorough research is recommended before making any investment decisions in precious metals. Are Precious Metals A Good Investment For You? Determining whether precious metals are a good investment for you requires considering various factors such as your financial goals, risk tolerance, and investment timeframe. Here are some key points to consider: Diversification: Precious metals can serve as a valuable component of a diversified investment portfolio, as they often have a low correlation with other asset classes. This diversification can help mitigate risk and stabilize portfolio performance. Inflation protection: Precious metals are historically considered a hedge against inflation since their value tends to rise when the purchasing power of fiat currencies declines. If protecting against inflation is a priority for you, investing in precious metals could be advantageous. Volatility: It's important to recognize that precious metals can experience significant price volatility, which may not align with the risk tolerance of every investor. If you are uncomfortable with substantial price fluctuations, other investment options may be more suitable. Liquidity: Precious metals generally offer high liquidity, meaning they can be easily bought or sold on major exchanges. This accessibility allows for flexibility and quick access to funds when needed. Long-term perspective: Investing in precious metals, particularly gold, often yields gradual and steady returns over the long term. Patience is crucial when investing in these assets, as their growth tends to occur gradually rather than in short-term bursts. Considering these factors, it is recommended to conduct thorough research, assess your individual circumstances, and consult with a financial advisor before deciding if precious metals are a suitable investment for you.
OANDA:XAUUSDEducation
by FOREXN1
9
Target Reached! XAGUSD ReviewPrice reversed strongly from our resistance level to the support level at 22.20. But how did it happen? Join Desmond in today's analysis review to have a quick recap on the elements that led to this strong reversal. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM EU LTD (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): ** Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com FXCM Markets LLC (www.fxcm.com): Losses can exceed deposits.
FX:XAGUSDEducation
by FXCM
How To Prepare For Rising PricesA blog article discussing how inflation is impacting family budgets, what it means for household budgets in the US, and some basic strategies people can use to help manage by RobinhoodFX Robinhoodfx. Intro In recent months, we've seen inflationary pressures building in the U.S. economy. Prices for key commodities like crude oil and agricultural products are rising, and wages are starting to creep up as well. All of this points to one thing: higher prices for consumers in the months ahead. How can you prepare for rising prices? Here are a few tips: Know where your money is going. Track your spending for a month or two so you have a good understanding of where your money goes each month. This will help you identify areas where you can cut back if necessary. Make a budget and stick to it. Once you know where your money is going, it's time to create a budget that ensures you're spending wisely. Be realistic in your assumptions about inflation and make sure your budget can withstand a bit of financial volatility. Invest in yourself. Inflation erodes the value of assets like cash and bonds, so it's important to invest in assets that hold their value or even increase in value over time. One great way to do this is to invest in yourself through education or job training that will make you more valuable in the workforce. Stay disciplined with your spending. When prices start rising, it's tempting to spend more freely since "everything is going up." But if you want to stay ahead of inflation, it's important to keep your spending under control and focus on essential purchases only What is Inflation? Inflation is the rate of increase in the price of goods and services over time. It is measured as the percentage change in the consumer price index (CPI) or producer price index (PPI). Inflation can be caused by a variety of factors, including excess money supply, government spending, and global factors such as commodity prices. Excess money supply is when there is more money in circulation than there are goods and services to purchase. This can happen when the Federal Reserve prints more money or banks lend out more money than they have on deposit. Government spending can also cause inflation if it exceeds tax revenue. When the government spends more than it takes in through taxes, it has to print more money to cover the deficit. This increases the money supply and can lead to inflation. Global factors such as commodity prices can also affect inflation. For example, if the price of oil rises, this will likely lead to higher prices for gas and other products that use oil as an input. How Do Inflation Rates Affect Prices? Inflation rates can have a significant effect on prices, particularly over the long term. When inflation is high, prices tend to rise, and when inflation is low, prices tend to fall. In general, higher inflation rates mean that consumers will pay more for goods and services, while lower inflation rates mean that they will pay less. How Does Inflation Affect Prices? Inflation is the rate at which the prices of goods and services in an economy increase over time. The main drivers of inflation are changes in the demand for goods and services, and changes in the supply of money. When there is more money chasing after fewer goods and services, prices go up. The opposite happens when there is less money chasing after more goods and services; prices go down. What Does This Mean for Consumers? For consumers, inflation can have both positive and negative effects. On the one hand, rising prices can erode the purchasing power of their incomes, making it difficult to afford basic necessities or maintain their standard of living. On the other hand, inflation can be beneficial if it leads to higher wages and salaries; as long as wages grow at a faster rate than prices, consumers will be better off. What Does This Mean for Investors? Investors need to be aware of how changes in inflation might affect their portfolios. For example, investments in Treasury bonds become less attractive when inflation is high because the fixed payments on these bonds lose value relative to other investments that offer higher Rising Costs: Why are They Happening Now? There are a number of factors that are causing prices to rise in the United States. The most significant factor is the increasing cost of labor. Wages have been rising steadily for the past few years, and this is putting pressure on businesses to raise prices in order to cover their increased costs. Other factors that are contributing to rising prices include the increasing cost of raw materials, such as oil and gas, as well as transportation costs. These costs are being passed on to consumers in the form of higher prices for goods and services. inflation is also playing a role in driving up prices. The Federal Reserve has been keeping interest rates low in an effort to stimulate economic growth, but this has led to higher inflationary pressures. As prices start to increase, Americans will have less purchasing power and will be forced to cut back on spending. The rising costs of health care are also putting upward pressure on prices. The Affordable Care Act has led to increased demand for health care services, which has driven up prices. In addition, the aging population is requiring more medical care, which is also contributing to higher costs. All of these factors are leading to rising prices across the economy. American consumers will need to brace themselves for higher prices for goods and services in the months and years ahead. How Everyday Consumers Can Best Prepare for the Potential Impact There are a few things that everyday consumers can do to best prepare for the potential impact of rising prices in the U.S. First, it’s important to be aware of what’s happening in the economy and how it might affect your finances. Second, make sure you have an emergency fund in place in case prices go up unexpectedly or you lose your job. Third, consider ways to cut costs so you can save money. Finally, invest in yourself and your career so you’re prepared for any changes that might come. The Ramifications of Higher Unemployment and Lower Employment Rates Unemployment and lower employment rates have a number of ramifications. Perhaps the most obvious is that fewer people are employed and earning an income. This can lead to less spending, which can in turn lead to less economic activity and slower growth. Additionally, when people are unemployed or underemployed, they may have difficulty meeting their basic needs, which can lead to increased stress and anxiety levels. This can also result in social problems such as crime. Additionally, unemployment can have a ripple effect on businesses, as they may have to lay off workers or cut back on hours/wages. Lastly, high unemployment rates can lead to political instability. Solutions to Fighting Inflation Inflation is a major concern for Americans and it is on the rise. Luckily, there are steps that you can take to prepare for rising prices and protect your finances. One of the best ways to fight inflation is to invest in assets that will hold their value or appreciate over time. This includes investing in stocks, real estate, and precious metals. These investments will increase in value as the cost of living goes up, giving you a buffer against inflation. Another solution to fighting inflation is to create a budget and stick to it. This will help you keep track of your spending and make sure that you are not overspending on items that are likely to increase in price. Additionally, saving money each month will give you a cushion to fall back on if prices do start to rise rapidly. There are many other solutions to fighting inflation, but these are two of the most effective. If you are concerned about rising prices, take action now and start preparing for the future. Conclusion If you're worried about rising prices in the United States, there are a few things you can do to prepare. First, start by evaluating your spending and see where you can cut back. Then, make sure you have an emergency fund in place so that unexpected expenses don't throw off your budget. Finally, keep an eye on inflation rates and invest in assets that will hold their value over time. By following these steps, you can protect yourself from rising prices and maintain your financial stability.
FOREXCOM:XAGUSDEducation
by RobinhoodFX
Endless Debate Among Investors & Traders: Which One is Better?Have you ever seen the debate on any social media platforms between traders and investors? On each side, Investors or Traders Claimed their techniques were far superior to the other because of the capability of earning more profit and a High Win Rate. Endless Debate Between Investors and Traders never stops to this day. They are blinded by their false sense of superiority. They failed to recognize the similarity between them. Both were waiting for the ideal price level before buying stocks to get a capital gain or dividend (Money) with a bit different approach. The Investors determine the ideal price level to buy the stock by analyzing the Intrinsic value of the company and then buying the company below its Intrinsic Value (buying a Cheap Company and Selling it at its fair price). On the other hand, Traders will analyze the historical price movement and look for repeating patterns that may indicate a potential upside movement before buying the stock at the determined price level. We have some similarities in method and purpose. If both sides could prove themselves profitable in the long run, why are we wasting our time to win the debate? It would be best if we use your time wisely to improve your strategy than debating on Social Media Platforms. Improving your strategy can make you more money! *Disclaimer On: The Article is for Educational Purposes Only.
Education
by financialfreedomgoals101
4
Silver Explodes - A Lesson To Track Shifts In Order FlowHey traders, In today’s analysis, it’s hard to ignore Silver following the 🚀explosive🚀 8%+ move up. Let’s unpack the action as of late via the OFA script : To do so, I am not going to apply any subjective type of analysis such as drawing trendlines, counting waves based on what way the wind blows, or any other form of guessing game… Instead, we let the formation of fractal structures (objective measure of moves) create the pathway from which we can all make decisions. Fortunately, there is no need to engage in laborious manual work? Why? The OFA script has all of us covered. So, with that in mind, what can we observe in the silver market? What recurring pattern do you notice? Clue - Pay attention to the visual Ms and Ws type pattern forming… These patterns entail, as stated in the chart, “dynamic fractal-based order flow cycles where a decreasing involvement in one direction (depicted by cycle/wave/line counts leads to a predictable move in the opposite direction seeking out the next equilibrium area, in most instance, with potential profits as a by-product…” If you are into disseminating order flow, nothing I’ve seen beats the objectivity in analysis one can carry out via the formation of structures derived off fractal structures. Note, the chart ignores the dominant trend and simply focuses on the M and W patterns. Can you imagine if you start to align trading in the direction of just simply the dominant trend in the higher timeframes + proper risk management? Let you fantasise with that! Remember the two key main features of the OFA script: Magnitude: A major clue that will help determine the health of a trend is the type of progress by the dominant side in control of the trend. We need to ask the following question: Are the new legs in the active buy-sell side campaign as identified by the script increasing or decreasing in magnitude? Velocity: When it comes to the distance the price moves, the magnitude is only ½ the equation. The other ½ has to do with the velocity of the move or the speed. Was the new leg created after a fast and impulsive move? Or did price make a new low or high with the movement being sluggish, compressive and taking too long to form? A good rule of thumb is to count the number of candles it took to achieve a new leg. DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any content available through links in this post) and its views do not constitute financial advice or an investment or trading recommendation, and they do not account for readers' personal financial circumstances, or their investing or trading objectives, time frame, and risk tolerance. Readers should perform their own due diligence, and consult a qualified financial adviser or other investment / financial professional before entering any trade, investment or other transaction.
COMEX:SI1!Education
by FlowState
Inflation & Interest Rate Series / Dollar and Gold I have started this inflation and interest rate series, in our last video, we discussed "Inverted Yield". Today will be discussing the relationship between: . Inflation . Interest rate . Dollar and . Gold Today's Content: • Why with higher interest rates, it strengthens the USD • Is USD the strongest currency? If not, then who? • Strategy to counter inflation • Interest rate higher, but a lower USD? Dollar Index: . Measure the value of the dollar against a basket of six foreign currencies. . These are: the Euro, Swiss franc, Japanese yen, Canadian dollar, British pound, and Swedish krona. . With the increase of money supply over the decades, it causes currencies dilution. When currencies weaken, inflation follows. COMEX Gold 0.1 = US$10 1.0 = US$100 10 points = US$1,000 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. Stay tuned for our next episode in this series, we will discuss more on the insight of inflation and rising interest rates. More importantly, how to use this knowledge, turning it to our advantage in these challenging times for all of us.
Editors' picks
ICEUS:DX1!Education
by konhow
7
HOW-TO: Cosmic Cloud #1📡 INDICATOR Cosmic Cloud 👩‍🏫 HOW-TO CONTENT This how-to shows that even price movement during major events like global market crashes adhere to the indicator levels. ✅ POINTS the price drop starts after reaching a resistance level (top-left chart) or the price drop is confirmed by a downward breakout from one of the support levels the 2020 stock market crash (👑) reaches its lows at various Cosmic Cloud supporting levels 🔔 USEFUL ALERTS Resistance Channel Re-entry ↓ Basis Test ↓↑ Support Channel Entry ↓
TVC:DJIEducation
by cosmic_indicators
The Importance of Understanding the Commodities MarketIn this educational post, I'll be explaining the reason why both investors and traders need to understand the commodities market. The commodities market is a market in which raw, hard, and soft commodities are traded. Examples of commodity assets include gold, oil, wheat, grain, copper, and even livestock. While these aren't commonly traded markets among retail investors, understanding assets within the realm of commodities can provide an edge in trading and investing. Benefits to Investors - The primary reason that investors needs to understand the commodity market is because it helps provide an overall picture of the entire financial market. - For instance, in the case of Nickel, Copper, Zinc, and other industrial metals, the price action differs depending on the market cycle, and certain metals are sensitive to, and heavily affected by specific industries. - Popular commodities like Gold and Oil’s price action reflects the overall market trend and sentiment. - As such, a retail investor with a deep understanding in commodities is capable of looking at the stock market from a different angle. - Secondly, understanding commodities provides a huge advantage in terms of portfolio management. - How 'well' you have invested, isn't simply determined by your annual return. - Your sharpe ratio (your return divided by the volatility) tells a more accurate story. - In order to succeed as a retail investor, you need to focus on increasing your sharpe ratio, or your risk adjusted return. - And the best way to do so, is to diversify, specifically by looking at the correlation between certain assets. - There are a plethora of assets in the commodities market that provide a great hedge / means of diversification against the stock market. - Leveraging this knowledge will help investors design a portfolio that provides them great risk-adjusted-returns. Benefits to Traders - The commodities market can be a great opportunity for traders, as long as they spend their time getting used to the market. - Normally, when the stock market is overbought, or when it demonstrates sideways action, traders often make the mistake of overtrading. - Traders enter positions at suboptimal levels, because they have no option but to trade at the stock market. - However, understanding the commodity market gives them an edge. The best analogy to explain this, is like playing online poker. - When playing poker, the player waits for good hands to appear, so he can make a bet in his favor. - When he plays online poker, he can have multiple games going on at once, and play the game where he gets the upper hand. - In the same vein, when a trader knows how to trade commodities, instead of waiting for a good entry in the stock market, he can simply trade assets within the commodities market. - If you think stocks are overvalued, there’s a chance for you to move onto gold, silver, oil, or even industrial metals. - You can take a look at multiple assets, and find one that has a good risk/reward ratio right now. Conclusion The commodity market is a market that is huge in size, yet often overlooked my many, if not most retail traders and investors. However, understanding which assets are traded, their price action (in relation to other assets), can help both investors and traders acquire an edge.
Editors' picks
TVC:USOILEducation
by Michael_Wang_Official
7
We've added 100+ years of price history for gold and silverThe team at TradingView is committed to building a platform that gives you the best charts, data, and visualizations for better decision making. Today, we're happy to show you two new data feeds that we've expanded for those who want to see the history of gold and silver. You can now chart over 100 years of price history for gold and silver. As two of the oldest precious metals and essential to the evolution of currencies and trade, we believe these additional years will be invaluable for long-term precious metal traders and enthusiasts. See gold or silver in short-term time frames or long-term time frames going back as far as 1915. To get started, type GOLD or SILVER into your search box. You can also use the two links we've included below for quick viewing: • See a live gold chart • See a live silver chart We hope you enjoy these expanded datasets and if you want us to add even more data for a specific ticker, please write it in the comments. Our team will do their best to add it for you. Thanks for reading!
Editors' picks
TVC:GOLDEducation
by TradingView
51
How to trade GOLD/SILVER RATIO in Any platform!?This is the first educational post I Make on Tradingview so make sure you like and comment and follow if you like it, in this post I will explain how to trade The GOLD/SILVER RATIO in any platform You can use the same strategy to trade ETH/BTC in Binance Futures with leverage ... first lets define what is gold silver ratio , The gold/silver ratio (GSR) is the current price of an ounce of gold divided by the current price of an ounce of silver. It's a simple numerical calculation that shows how many multiples gold is trading relative to the price of silver, a common indicator used by precious metals investors worldwide. this indicator help us know which is going to gain more or wich is going to lose more in some cases when there is high volatility in the markets you might find this chart stable with very strong trading opportunity for example back in the 26/2/2020 when the markets were uncertain and volatile this chart made a very good breakout and huge gains! you can find that on the chart above so now lets explain how to trade it in any platform that have GOLD/USD and SILVER/USD if you want to short the GSR all what you need to do is to sell short GOLD and buy long SILVER with the same amount of money and leverage in each of the positions Example if you open a long position with 1000$ and x3 in SILVER/USD you have to open a short position in GOLD/USD at the same moment with 1000$ and x3 leverage. If you want to long the GSR all you need to do is the opposite of shorting we buy GOLD/USD and sell SILVER/USD with same rules again we should use the same amount of money and us the same leverage in each of the two position. thanks for reading good luck
GEducation
by azizbtc