Get started

Average

🟨 Case against Averaging Down - Stage AnalysisAveraging down is rejected by all big Market Wizards. The problem is that the stock can always go another -90% down. The example of SKLZ shows that after 19 consecutive times the stock decreased -20%, it no where near the average dollar price, if you buy same amount after each 20% decline. In fact, it has to move +300% to get to break-even. How many of your stocks do that? Do you see now, why probabilities are not in your favor. PS if you think this is just a crappy company look at $GE in 2007-2009.
NYSE:SKLZEducation
by TintinTrading
1
UK 11% inflation and supply chain shock is starting to fadeUK inflation goes to 11% a 41-year high, goods prices continue to increase. BOE says supply chain shock is starting to fade, however, with this inflation rate, the next couple hours the EURGBP will certainly go long. Chart: We have a support that was not tested after the dates of UK. But we can see the RSI in a oversold zone and after changing the direction the MACD is going up. The MA of BB has already been tested with some candles shadows, but none of them crossed it.
Long
by AFCapital21
2
Neutral ZoneAfter a massive pump to 21k+ today, we enter the average zone. This is a time to watch and wait. We have seen pumps reverse quickly and we have seen them pump to new heights. 23.5K would be my zone for longing and around 19.5 for shorting. I do not expect these limits to be reached so easily. Both bears and bulls will be trying to push to their respective limits. I feel we will be in this 21k zone for a while now waiting for one side to convert or give up. We could see ups to 23k and oscillating back down to 20k, so be careful here.
COINBASE:BTCUSD
by coinofthewest
ATR - A theory on ATR Stop Loss and ATR Take ProfitsJus how to trade on ATR. Using ATR on XAUUSD, the ATR i found has alwasy been retested. So I meight be taking a profit and targeting 2 ATR but i found that price after 2 ATR will just touch and not stay there for long time,, and it will return at original point and start making a loss to stop me out of the position at a loss. So to counter this, I decided to take profits at every 1++ ATR or 2 ATR. Then within 1-2 candles, the price will U-turn and start to target the ATRSL. If the price moves fisrt to make a profit then quickly take out the position. But if price immediately going agianst you and targeting the ATRSL, it is better to wait out and not use a stop loss as price will retarget the original SL.
PEPPERSTONE:XAUUSDEducation
by amir_putra