Yen-Ruble TutorialAs you can see market forces react on investor attitude with spirits, investors make decisions based on their mood and statistics. We see gold chart is jumping from fear territory, fashioning greed in mood, while Yen-Rub is plummet from the euphoria. While other assets symbolize peril for this manner, we believe market forces move in cycles in the twinkling of an eye. Majoring in this pasture as luck may have it transmit analyst on an even keel amid angel stew.
Cycle
Gold. Short now. S.L @ 1882.59. 12/Oct/23XAUUSD checking from its internal waves structure, it's probably just completed a double zigzag WXY (yellow) in wave (4)(cyan) @ multi confluence zone :- 1) Triggered liquidity lvl @ 1879.79 on double top in 4h chart, 2) Broke Daily Order Block, 3) IVFG, 4) previous gap @ 1870.. etc
USDJPY: $130 | THROWBACK a costly lesson that requires constant reminding
especially in this Tiktok generation
when i thohght back in the day that UY Yen was high or at top $109 was the day i reaized that
market moves RANDOMLY and does not care about previous LEVELS ...
until now.. at $130 it feels so High yet it can go much higher
Gold, will Israel-Gaza conflict "push" Gold higher? 10/Oct/23Gold as posted ideas on early May 2023 where we have high probability breaking < 1800, BUT which "road/path" to success"? It really depend on which paths/waves we "choose" based on our patience/trading skills/ etc. P/s The more we trade toward <1800 the more we might lost/loss in trading's "path/waves" or vice versa.
"HODL" Mentality: Lessons for TradersThe HOMie Mentality: Buying at ATH
Many novice traders, or HOMies, fall into the trap of buying a cryptocurrency when it's near its all-time high (ATH).
They're influenced by FOMO (Fear of Missing Out) and jump into the market without a clear strategy.
Market Dynamics: Understanding the Cycle
Cryptocurrency markets follow a cyclical pattern of ups and downs.
Novice traders often enter during the euphoric "FOMO" phase when prices are at their peak.
The Emotional Rollercoaster: Avoiding HOMie Mistakes
To avoid the HOMie trap, it's crucial to detach emotions from trading decisions.
Create a clear strategy with entry and exit points, and stick to it.
Risk Management: Protecting Your Investments
Novice traders should prioritize risk management.
Only invest what you can afford to lose, and avoid putting all your funds into a single asset.
Education: The Key to Success
Novice traders can transition from being HOMies to informed investors by educating themselves.
Learn about technical analysis, market cycles, and different trading strategies.
Conclusion: From HOMie to Trader
The HODL mentality can be a valuable strategy when used wisely, but it shouldn't lead novice traders to make impulsive decisions. By understanding market dynamics, managing risk, and educating themselves, HOMies can transform into informed traders who navigate the crypto market with confidence.
Remember, successful trading takes time and patience, and every trader, even the most experienced, started as a novice. 🌐📈💡
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Don't forget to like, share, and leave your thoughts in the comments. 💚🚀💚
GOLD long now. 4/Oct/23. Gold. Base on Elliott wave principle/ theory/rules.. You may disagree/ argue with me that subway of any corrective wave in triangle consist of expanding flat but i have seem it and prove it with my z-factor (speed analysis) as It happens very often in lower time frame chart.
BICO RETURN POINT CAN EXPLODE THE PRICE TO $4 2023/2024
Thank you for reading our update. Please keep in mind that this is not trading advice.
This coin's value has been going down since 2022, especially after it dropped from an important point at $4.55. However, 2023 looks like a year when the coin might go up to that level again. Some companies have shown interest in it this year, with FIRM EDEN BLOCK being one of them.
Dollar-Cost Averaging (DCA) is a powerful method that can make a coin stronger in the long run. With DCA, more companies gradually start investing in it.
This update is about what's expected to happen in 2023 and the beginning of 2024. Our analysis suggests that there's a chance the coin could reach $4 USD again. This is mainly because more companies are getting interested, and the technical analysis data for the coin looks positive.
This can become a history coin that has shown a strong effect.
It's not the first time in the crypto world that we have seen a coin do the unexpected.
BTC/USD Main trend. Cycles. Halving BTC. Surrender zones.Logarithm. The time frame is 1 month. The main bitcoin trend (almost all of it). Idea for understanding cyclicality, and secondary trend capitulation zones. Also, for understanding where the price is in a long-term trend.
The idea shows surrender zones in secondary trends. The timing of bitcoin's halvings and the trend reaction in the aftermath. Cyclicality. Also shown on the chart are intermediate cycles of bitcoin and market pumping between major long-term cycles.
Note that unlike past cycles, the bitcoin price has been under the uptrend line for a very long time. Electricity. I have shown this many times before.
Linear graph.
Understanding Long-Term SPX500 & QQQ Cycle PhasesMy continued effort to share my research, experience, and expectations with the TradingView community has allowed me the freedom to create forward-looking content to help traders/investors understand the real risks/opportunities going forward.
If my research is correct, then next 5+ years will be incredibly difficult for skilled traders/investors. I don't believe the US markets will enter a real organic growth phase until after 2025 (possibly in 2026 or later).
There are many reasons for this extended contraction phase in the US/Global markets. Most importantly is a broad cycle phase related to societal changes. Secondly, we have a Sine-wave structure that confirms a contracting price phase needs to reach a base/equilibrium before it will be able to extend into an organic growth phase.
As a trader, investor, or just someone trying to protect your family, your home, your children, and more, you need to understand the value of PROTECTING CAPITAL before taking on foolish risks. That is exactly what I'm trying to help you manage and understand - where opportunities exist in the markets over the next 5 to 15+ years.
Watch this video, then click on my profile to watch some of my other TradingView videos.
We live in a world where what happened 3 weeks ago is almost forgotten. These cycle phases exist, continue to drive price setups/trends, and will continue.
Are you ready for what's next?
Gold. Where to sell/buy for better risk/reward ratio? 21/Sept/23The Fed just "giving" "ambiguous" "fundamental news" as usual. A "hints" for use to "interpret" with our own bias/perception.. Treat "news announcement" as "timing/cycle" for market not as "fundamentals for trading" maybe be a "good ideas"...
A BTC Bullrun plan for rookiesThis can be viewed as a prediction, but ultimately is a simple plan for emotional traders and investors, whos patience is sometimes a little bad.
This chart can help you holding your coins easier by removing the Low timeframe noise and makes you focus on the coming 2 years.
Small alterations can or should be made depending on High Timeframe price action.
The system stays the same, on the prices would differ.
A look at it once a week and you are set for 2025!