Get started

Analysis

The Week Ahead: S&P500S&P500 has enjoyed a strong upward move in 2019. We see that it has continued to make higher highs and lower highs which is positive for the S&P500, yet we approach a trendline that was created by a sloping triple top which has held strong since October. Should the price penetrate this line, $2776, then we could see a continued move upwards for the S&P500. Plotted with the Linear Regression tool, we can also see an agreement that the price has traded back to it's mean, which also adds confluence to the trade as the mean and the breakout level are the same. Should the S&P500 open positive this week, we could see the market break the level and make its move upwards to breaking the $2800 level. Continuing higher up, we could see it reach as high as $2925-$2945. However, if the price doesn't continue and the trendline resists the market, plus the price reverts away from the mean lower, then we could see a move lower towards the $2718 level. This analysis is for informational purposes only and is not a recommendation, buy/sell signal, or advice in any format.
SP:SPXEducation
by AlphaexTrades
The Week Ahead: FTSE 100FTSE 100 broke a major downtrend lend to the upside on January 30th 2019 and has continued to push higher. With Brexit looming over, it is a volatile time for the UK and Eurozone participants. The recent fib extension indicates that the FTSE 100's move higher could continue to the 127.2% level, 7311, which can make further headway back to a full 100% retracement 7552, which coincides with the extensions 161.8% level. If the FTSE 100 continues, this near term price targets look likely. However, it is possible to retrace lower and reverse its recent gains and breakout of the downtrend with potential price levels of 7165 and 6923. We will be watching the 6923 levels closely if the downside scenario plays out. This analysis is for informational purposes only and is not a recommendation, buy/sell signal, or advice in any format.
TVC:UKXEducation
by AlphaexTrades
The Week Ahead: BitcoinBitcoin's recent surge upwards, which saw the 2019 trendline break, saw last week's trading stagnate. With the surge, we can see a bullish flag pattern and as of Friday's session close, a small breakout had occurred. This could mean that Bitcoin could continue to rise should it breakout further of the flag formation. This breakout also closed above a significant resistance level of $3693. The reaction at the 38.2% fib level suggested that the previous move upwards wasn't strong enough to push higher. Now with a breakout above as mentioned, it could be possible that Bitcoin could move upwards to $4013 level. Alternatively, if the 38.2% level holds and the flag pattern fails, then we could see a move down towards the 2019 low of $3405. Should this low break and we continue the trend of 2019 then it is possible for the price to reach the 127.2% or 161.8% levels, $3240 and $3029 respectively. This analysis is for informational purposes only and is not a recommendation, buy/sell signal, or advice in any format.
BITFINEX:BTCUSDEducation
by AlphaexTrades
The Week Ahead - EURUSDThe week ahead looks positive for the EURO as Friday's close saw a Hammer Candlestick form on the support level generated from June 2017. Near term, fib levels suggest that we will see some stalling or reversals between the 38.2% (1.1344) and 61.8% (1.1411) levels. Should we see price continue to rise opportunity lies ahead to run the course to the 100% level, 1.1518. Should it also break the near term resistance level at 1.1455. Conversely, if the 38.2% and 61.8% levels hold and a retrace begins, breaking the June 2017 support level could see price action taking it to roughly 1.1184 to 1.1123 respectively. Fundamental factors to include in these scenarios: ECONOMIC DATA FLOW: Tuesday: German ZEW Economic Statement Wednesday: German PPI, US FOMC Meeting Minutes Thursday: German Final CPI, French Final CPI, French PMIs, German PMIs, Eurozone PMIs Friday: Draghi Speaks This analysis is for informational purposes only and is not a recommendation, buy/sell signal, or advice in any format.
Education
by AlphaexTrades
Understand the hype around Binance Chain & Dex and its effectsThis is my first technical and fundamental analysis of Binance Coin (BNB). I also take the opportunity here to draw a parallel with another altcoin, TOMOCHAIN, not yet available directly on Trading View. I have shown by vertical lines each Burn of BNB that occur every quarter since 10-18-2017, 6 Burns now reducing the total supply of BNB tokens by 5.41%. This makes it possible to note graphically that there has been no influence on the rise of the course so far! Binance in its whitepaper promises the destruction of half of the BNB futures. The amount of BNB to "burn" is based on the number of transactions made on the trading platform in the last 3 months. Thus, after each quarter, Binance burns BNBs according to the overall volume of user transactions. What is, on the other hand, very significant, and this contrary to most other cryptocurrencies, is that the price of the BNB has dissociated itself from the Bitcoin price (master-standard of cryptos) as from 03-20-2018, on the rise! For almost a year now, although BNB's price remains closely correlated with Bitcoin's share price in terms of variations, it still retains the difference in value recorded by the sudden rise from 20 to 22 March 2018. This "hype" corresponds to the first announcement by Binance of the creation of its own blockchain for BNB, so named BinanceChain, and therefore no longer a "simple" ERC20 token of the blockchain Ethereum! But also already, the rumor spoke of a new exchange platform for Binance, visually similar, but decentralized! What is called a Dex and which allows customers to own their personal private keys, a safe asset. So, there was already talk of a Binance Dex, adding FOMO to this hype. However, at the end of January 2019, Binance's second more precise announcement about BinanceChain and BinanceDex, resulting in a new hype / pump that I have framed on my chart! Good news for those who have already invested on BNB (or on TOMO as I will explain), they take advantage of this announcement effect. BUT for those who would be tempted to invest on BNB (and TOMO), I don't necessarily advise you in the immediate future! On the one hand, I highlight in red the presence of a possible horizontal resistance that has just been reached, constituted by the previous big support broken November 13, 2018! In addition, I also highlight the RSI 14 oversold (> 70) in the last 10 days, which refers to the hype of the month of December 2017... As much as there can be beautiful green candles to enjoy, so keep in mind the catastrophic result as of mid-January 2018! Periods of pure speculation are dangerous for your wallet.
BINANCE:BNBUSDEducation
by MaxHodler
Judas Swing $XBT The Judas swing term was named by ICT, he dubbed this swing concept and utilizes it upon the London Open. The idea is, the market makers will rally or sell price, normally just above or below the Asian session high or low (depending on institutional order flow bias) tricking buyers or sellers into the market to follow its direction. As the Judas swing high or low is formed, price is quickly reversed either taking out stops and or leaving traders out of the game. Judas swings can be seen on high and low time frames, though if you are an intra day trader, once higher time frame objective levels are in place and you have your directional bias in tow, you will be looking for the Judas swing to occur on a 15 minute chart time frame. You can also see the Judas swing develop on a 1 hour chart, though the 15 minute chart will show its intension a bit more clearly, when you know what you are looking for.
BITMEX:BTCUSD.PEducation
by transitory
7
Psychological trading hack #0002 (educational)In this screencast I share some of my own personal journey which I suspect may resound with many a struggling trader out there. This post is in keeping with the house rules on text-based analyses, and psychological self-analysis is the biggest most important aspect of trading. It is clearly in the category of 'Beyond Technical Analysis' I had been thinking for many days where to start with this journey. This morning I hit on it. It is about me! Not about charts and methods. So that's where I start. I share this for the benefit of all traders and especially new traders. I'm not saying I am right about everybody. I only know about my own journey and I think there may be some 'psychological hacks' in all this, to curtailing much suffering among other traders. Everybody knows that discipline in trading is required, and that is primarily a psychological issue. Proven methodologies for profitability just do not work for a majority of people. So the big factor is 'the people' and what leads them to make bad decisions in trading. I've been tackling it. Join me on the journey. This could be (though not necessarily) the most important journey of all.
Education
by Captain_Walker
HOW to indentify a TREND! MUST see for beginners! #EZ-learningHey tradomaniacs and becoming traders, I love sharing my knowledge and wanna help everyone who is interested and trading. :-) Check this "journal" and start to understand the market. Most of us know how a trend works. BUT NOT WHY! I hope this will help you out to understand and improves your abillity to indentify Trends. Peace and happy learning Irasor Trading2ez - Wanna see more? Don`t forget to follow me! - Any questions? Wanna more stuff PM me!
XETR:DAXEducation
by Trading2ez
3
Trading Major Markets using Stops and Margin: Risk/Reward RatiosTrading Major Markets 1 of 2 You've probably already learned a lot through trading Bitcoin. Those skill-sets are super scalable. Often am in too much of a hurry to cover other markets to have time to lay out stops and risk reward ratios - hoping that you're experienced enough to work them out for yourself when I miss doing them- which will be quite often in fast markets. There just isn't time except at weekends to cover things from a newbie's perspective. This analysis is meant to be for more experienced traders really. But for newer traders this is one way of trading technical signals. It isn't fool-proof. No system is. But it works well across multiple markets if used with discipline, and without emotion. But please don't believe mere words. If it interests you please test it first. 20 times. Calibrate your rifle sights/stops as per the pinned message at top of crypto pages and test tolerance levels of stops given. It will never be perfect though. We don't have to be either. Just close enough... Wave Trading and Wave Counting Don't really see where Elliott 'waves' figure in the great scheme of things or at the micro level either. Would like to. But have little evidence usually. But If Elliott floats your boat and you can trade off it that's great. Please share if so ; ) In the meantime smaller time scale signals are there to be traded. And if we trade them with stops and a system that works more often than not we can make good returns on half and more of the positive trades and yet limit losses on the ones that don't work out as planned. And by trading smaller moves we become part of and merge into the longer term. It's more fun to ride the smaller waves - they too become part of the bigger wave anyway. And if we can see a good Elliott wave amongst the noise all the better. If so, share it dude! Until then, if you can SEE that the stop is very close or ideally that price is right on it (limit down as with FB last week for example) then it's a SPECULATIVE buy with a stop close underneath the level given. It's 'speculative' because we don't know that this will be the bottom. In this respect 'breakouts', though still speculative, are less so than buying lows. We all want to do the latter: the buy low sell high mantra didn't make it to market mantra-hood by coincidence. But lows can be more difficult to spot than breakouts, which no one misses really. For example with the Dow recently it was around 20 to 50 points of stop if you were buying the dips, (see global markets link at top of main page) Some will just leave orders in the market with a decent stop - say if looking to buy the Dow within 10 or 15 points of a given level (cannot expect to be bang on every day, you know that already) - they leave the order to strike or not and then use a stop at least 20 lower on Dow and maybe 50 at most. And some stick in a limit order too at the same time as the stop. Sometimes it works well. Sometimes it never gets struck. And sometimes it's a big fail and we get stopped out for 20-50 points on the Dow. It takles a lot of the emotion out of the equation. Not all of it. But a lot of it. And if you can work out the RISK in points you can then work out potential rewards too. Then it becomes possible to divide your total bank into 20 - so 20k total bank for ease of explanation = 20 trades or bets of $1000 each at a maximum - for this is effectively what we are doing... Betting that our call is better than the market's call at that moment in time compared to some future moment in time. We don't have to be right much more than 50% of the time though we all want to be. If we can be stoical/philosophical about losses and wins and tread the line without thinking either we're too clever or too stupid we stand a better chance of handling the inevitable losses when they come. To think you're Billy-whizz of the markets and then discover you're not is way more disheartening than never thinking that crap in the first place... Part 2next
DJ:DJIEducation
by sumastardon
1
BITMAIN: Antminer S-series Return on Investment (Bitcoin)Chart shows the return on investment of Antminer S-series miners: S1 (yellow): approx released July 2013, power consumption 2 kW/TH/s S3 (purple): approx released June 2014, power consumption 0.71 kW/TH/s S5 (orange): approx released December 2014, power consumption 0.51 kW/TH/s S7 (green): approx released Aug 2015, power consumption 25 kW/TH/s S9 (blue): approx released July 2016, power consumption 0.1 kW/TH/s Red curve is network hash rate (proportional to difficulty). Chart of mining efficiency (TH/s/kW): drive.google.com (blue is actual trend, red is projected continuation of pre-S9 trend) Bitmain has not publicly released any significant efficiency upgrades since July 2016. Innovation at the mining sector's biggest player seems to have stalled. If the exponential trend had continued we should have reached >40 TH/s/kW by Jan 2018, instead we are at 2016 levels. This is either because Bitmain cannot make more efficient ASICS or because they are keeping secret any innovations they have made. Looking at the return on investment (ROI) chart. The white horizontal line is the breakeven line. Anything above is profit. The vertical lines are release dates of the various S-model miners. We see that a new miner is released to the public just when the previous model becomes obsolete. Normally there is a lead time before delivery of several months. Bitmain have not made any announcements regarding an S11. Despite all of this the hash rate is increasing unabated. Have Bitmain been secretly mining with new hardware or have they simply been bringing more S9s online? If they have an S11 why aren't they releasing it? Further reading Bitmain now mines 42 % of the entire network bitcoinist.com June 8 interview with the Bitmain CEO Jihan Wu fortune.com This is where I explain how to calculate the conversion factor medium.com
BCHAIN:MIREVEducation
by RealMcafee
17
Part 3 - The Markets.. Know what market you are trading in!!What is trend? Trend is the direction in which the market moves. An upward trend consist out of higher highs and an downward trend with lower lows. * Upward trend * Downward trend This is called the sideway market, which also is called trading range: This is an neutral trinagle, where we see lower highs and higher lows. At this markets it is better to wait what the market will do. Every time the price drop, buyers are gettin earlier in, but the sellers are also selling earlier. Upward Triangle, There are more buyers joining the market. This one is the downward market. The lower lows are staying equal, the highs are gettin lower. At this time people are waiting for the right time to buy. We see here a false move. When u think the market will turn on, it makes a false move and getting lower. This one is called the broadening market. The highs will become higher and the lows lower. A broadening market says that there is a lot of uncertainity. This is an market with high risks. This will be seen a lot at the ending of upward markets.
COINBASE:BTCUSDEducation
by NLTR_crypto
1
Fundamental techniques or technical fundamentals of analysis?Division of analysis into two subcategories (fundamental and technical) seems to be a concept that has not profound base under it. If you find standard definitions of these and compare them, you'll find that major difference is the subset of data which analysis rely on. For technical analysis - subset contains historic prices and volume data, for fundamental - financial reports data, various macroeconomic factors (e.g. GDP, balance of trade). When you hear "support line" of "head and shoulders pattern" I guess you associate these terms with technical analysis. But why? Because it's "common knowledge" for trader/investor? What if I build a chart of unemployment (or any other quantified item from "fundamental" subset) over time and draw some support/resistance lines? What kind of analysis should it be? Personally, I prefer another division. There are scientific analysis and non-scientific analysis. Scientific analysis based on creation of hypotheses about market data and testing validity of them. If hypothesis is valid, it can be used for future predictions and making trading decisions. Scientific analysis implies strict formalism and do not use concepts that cannot be accurately described. Before use of e.g "support lines" it needs full list of rules how to draw them and where points should be and what hypothetic influence should be on price near this line (also it drives to describing nearness). And after that - testing. Any other analysis that can't afford that formalism is non-scientific. I do not say that "support lines" does not work. But I don't see cases when this term at least described strictly - thus it's not scientific analysis. (leave in comments link to robust definition of this term if you disagree). If other people draw them and somehow use them - it does not make this type of analysis scientific. If mentioned people like drawing lines, triangles etc. without understanding what for - why don't they become artists (maybe suprematists)? to be continued
BITFINEX:BTCUSDEducation
by deepinsight
Elliot waves. Why cant fully trust this theory. You can find many websites, even free books of Elliot Waves Theory. But if you read it by on eye, can understand its kind of shamanistic predictions. law of the universe - from small to big, law of complication and development. To build waves, should start from max. minimum time frame -1 min. than 1 min group in 5-15 min, than to 30 min, 30 min group to 1 hour, 1 hour to 4-8, and than to daily. the waves are divided into 10 degrees, *subminute, *minute ,*minor , *intermediate, *primary, *cycle, *supercycle, * grand cycle.Depending on the source, there may be different names and divisions, but the essence is about 10 of them. The length of the wave depends on the length of the previous wave, this is calculated by Fibonacci extensions. The waves can contain impulses and elongations, the waves can be lateral or the extensions can be pulses. And the main thing is how to understand this all. Where the exact coordination of movement, measurement, distribution ,. what if to miss? Suddenly it was an impulse but I built it like a wave, maybe it was an extension in wave 3, or is it ABC? in general, you understand that this algorithm is based on your personal judgments and experience, and from those sources that you used in studying waves. When this system of construction attends 2-3 internationally recognized postulates, then it is worth starting to study it. Now it all depends on who and how he sees, and you can prove that there is no way, but skolko people, so many opinions. Not waves determine the movement of prices, but people, their judgments, analysis, the market's opinion of the traded instrument, the conclusions based on previous levels of support and resistance and the general trend. Now the theory of waves is a guessing on the coffee grounds and dancing with tambourines around the fire under the starry sky.
BITSTAMP:BTCUSDEducation
by GeorgeVeritas
12
Core rules to trade with Sinewave & MomentumHope this educational content will help you make a better use of the indicators. Remember that these rules are just ground rules. Positions sizes and stops positionning will depend on your own risk profile. This is up to you to find your comfort zone on these parameters. Indicators used in this video are : PRO Sinewave & PRO Momentum Don't forget to hit the like/follow button if you feel like this post deserves it ;) You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil
BITSTAMP:BTCUSDEducation
by PRO_Indicators
25
Empirical analysis of the Zcash blockchaingithub.com " We have started labeling the claims of block rewards, as they are the most obvious transactions between t and z addresses, and found that these transaction take up over 87% (98K transactions) of all transactions from a t-address to a z-address. This trend has been decreasing, as for the last 10K blocks this ratio is only 80% (4500 transactions)." Thank you Monero development team to make privacy a default (RingCT for all transactions and a minimum ring size as reasonable based on current level of range proof optimizations) Also interesting: "We have also looked into the usage of JoinSplit transactions, and found that from all the transactions (1,400K transactions overall) about 19.4% are JoinSplit transaction (272K transactions), and from the JoinSplit transactions 1.7% (4.7K transactions) are pure z-to-z address transactions (i.e. it does not involve any t address)." Note that Zcash enforces coinbase transactions to be JoinSplit, i.e., mining rewards (coinbase trasnactions) can only be transferred (send) to a z-address. The comment has to do with zcash trusted setup; if the setup was compromised, an attacker could produce unlimited Z-coins wihout anyone ever knowing about it When monero are created, their amount is shown, and the 1st TX using them hides their amount. It can be mathematically proven that it's not possible to create monero out of thin air in the proces of transacting with hidden amounts. That's why it's important that mathematical proof be air-tight. First variant of RCT range proof had a flaw in the proof, and thankfully it was captured before it made it into production. monero.stackexchange.com With Z-cash, the possibility exists in the math itself - it's not a bug, it's the way it works (until a better solution is found). The set-up info should be destroyed. Since it's not possible to prove that you DON'T know something, we can never know for sure that the set-up was ok.
Education
by Emperor_Penguin
Bullish Consolidation 1-2-3-Breakout PatternThis is a great example of the 1-2-3-Breakout pattern on Bitcoin using the Daily chart. This pattern can be applied to any equity. Chart patterns represent human behavior and that is a constant among all asset classes. Point 1 - The First Test - The New High Price reaches a new high and pulls back when investors take profits. Price falls. Point 2 - Second Test New buyers come in and price tries to attack the highs for a second time. Often this attack fails, because there just aren't as many buyers as before, and people who didn't get a chance to sell at (1) now have a chance, so they sell and run to the bank. Price falls. A trend line has now formed between point 1 and 2. This downward trend line basically shows us that price is making lower highs. What we want is to see a higher high, which is an uptrend. Pretty easy right? Well we can't see a higher high until we break out of the downtrend, meaning, we have to break out of this trend line. Point 3 - Third Test People start to watch the trend line as well, so it becomes a self-fulfilling prophecy and the price starts to get stuck under the trend line. In general, we know that we have less buyers here than before. So here we ask the question, will we ever breakout of this downtrend? Or will we crash down because the buyers are disappearing Point 4 - The breakout Now we have the answer. This is VERY OFTEN the fail or succeed point of a pattern like this. After 1,2 and 3 tests of the downtrend, either buyers will give up and go home, meaning sellers take over and price breaksdown OR new buyers come in from somewhere, or maybe they were just waiting for lower prices to buy. Whatever the reason, they step in and start buying. We breakout of the downtrend line, and that inspires more buyers to come in because they were the ones waiting for the trend line break. And then price starts moving fast because everyone wants to buy. THen the media says "this is a great buy" and boom more people come in. Until finally....we reach a new high price (1) once again. Investors take profits and the whole cycle repeats itself. If we IDENTIFY the patterns, and RECOGNIZE the breakout points, then we can be prepared to jump in at a favorable point.
Education
by BerlinTrader591
10
Adaptive Derivative AnalysisThe idea of a derivative is powerful and especially useful in trading. We often don't care so much what the price is, but how it moves. For that reason the velocity, acceleration, and rarely the jerk of price is valuable information. There are a lot of numerical issues with taking time derivatives of price, the biggest of which, in my eyes, is that all transforms and filters must be causal. Because we can't have have central differences, all current information about the future must come from the past. The obvious way around this is to focus on really long term moving average derivatives, as this minimizes the noise and provides some amount of certainty about the next few price bars. The obvious issue with this is that sometimes the price moves very quickly and enormous opportunities can be missed for focusing on the bigger picture. Likewise focusing on the local picture leads to whipsaws, over-trading, and really messy time derivatives. Currently to look into this I am working on a way to adaptively move through different averaging windows to give us information about the most useful derivatives. This is kind of a new momentum indicator. Here it is shown operating on the GBPUSD pair in the bottom window. I will not explain this indicator too much in this post, but I will be releasing it soon with more information on how to use it. Though briefly, the black line represents the momentum, and as the lines/clouds move through it it gives useful information about what happens next. Take a look at how red, orange, and yellow clouds move above, through, and under the black line before breakouts More to come... Cheers!
Education
by mcbw_
Educational piece: Importance of the highs, lows and closesIn this chart I graph the Aussie dollar in an alternative way. I've hidden the bars and I'm only showing weekly ranges, daily closes and lines corresponding to key levels, both from the options expirations and from other key fundamental events, like the last rate cut in the Aussie and Brexit. The key take away is: people think in levels. People don't think in trendlines, people don't think in moving averages, the common denominator is levels. There are moments, where the most people pay attention to an instrument, and those events generate shockwaves, which mark lines in the sand, which continue to affect prices, making them gyrate between the levels generated by them. You'll see many people say: "The USDJPY will go back to 100" or "S&P500 will go to 1500", "oil will go to 40", "oil will go to 55" but you won't hear them say "EURUSD will go back to the 200 EMA line", outside of technical circles that is. Very rarely people think in those terms. For example, people in Argentina, think about the value of the peso in dollars, it's easy to remember a price, not so much a more complicated construct, let alone a trendline that demands they have graphical depictions of historical prices at hand. Ok, the idea here is, since the most people pay attention to prices, specially during key events, the levels give us reference points, and important prices like the high, low and close of each day, week, month, quarter and year give important clues to us. If you look at the line showing the close of each day, you can see how despite price moving higher than levels, many times the close ends up being lower when resistance acts. You can also see the weekly highs and lows, paying attention to the boxes. See how when a level is taken over, price will form a higher LOW on close before moving higher, or viceversa while moving down. Something as simple as waiting for the daily close, and examining the levels can give us tremendously useful cues for our analysis of price action, this is just one of many elements we use to decipher price action. The purple dashed lines show the 'waves' in a way, how prices form a definitive lowest high, before turning up, and viceversa when turning down. This is very important, and you can see how the top of each move usually aligns with how the highest low is related to the key levels on chart. Now, contrary to what some people would say, the 'support and resistance' levels we have here, are not randomly picked, but logically selected based on key fundamental events that drawed massive interest in the instrument at hand. We don't need to be rocket scientists to see this in the price chart, we simply need a keen eye and dedicating time on improving our analytical skills to find useful patterns. Some of that work, I share with you today. I hope this is interesting and can open your eyes to how price action and markets operate. It is logical, and not the result of mystical forces, complicated equations or complicated systems that attempt to analyze the whole chart and fit a living, breathing being, into a cold shell. That's simply not how markets work. You can refer to my other chart, and read the document I attached to it for information on behavioral finance concepts. My mentor Tim West came up with really powerful tools, and profitable proprietary trading strategies to help us navigate these waters, if you're interested in learning more, contact me for more information. Cheers, Ivan Labrie.
Education
by IvanLabrie
2
Why Most Forex Traders Fail... LEVERAGEWay too many traders trade with very little capital and they do this because their brokers allow them to by offering them insane amounts of leverage. We really don't understand it because you would think that these brokers would want their clients to succeed in order to continue placing trades which yields the broker revenue from commissions and spreads. It is inevitable that with such little capital ($50-$100) these traders will go bust and blow their accounts, especially if they are allowed to take position sizes of upwards of 500 times their account value. These retail traders have been conditioned to believe that this is the way Forex trading is and quite frankly it isn't. The most successful Forex traders in the game use little to NO leverage at all and they only return a small consistent return of 1-3% per month. It seems impossible to make money with such small returns but if you actually take the time to break out a calculator and calculate how much such a return yields over extended periods of time like 5 years or 10 years you will see it is immense. Take $10,000... in 8 years with a consistent 5% a month return... that $10,000 will become $1,000,000. So please guys read through the information on the chart. It is long but it is very valuable! Tune in LIVE on YouTube goo.gl every Monday, Wednesday, and Friday at 7 P.M. Eastern Standard Time to learn how to trade the Forex market like a professional! Follow us on our social media: Website: goo.gl Google+: goo.gl Twitter: goo.gl Instagram: goo.gl Snapchat: Unique4xPro TradingView: goo.gl
Education
by UnknownUnicorn261897
32