Educational
$EEENF Supernova!$EEENF 88 Energy- Project Peregrine; consisting of Merlin-1, Harrier-1 & UMIAT Wells
- UMIAT is estimated to have 124 Million Barrels of Oil
- 4 Billion Shares are owned by Nominee Brokers
- Sitting on 30 Billion potential gallons of High Grade Oil
- Near Conoco Phillips Willow Discovery
- An independent geologist said the find could be significant because it would show that an oil bearing regional geologic formation, where discoveries have been made, is larger than thought
100 ways to read a chart Especially for beginners it can be very confusing to interpret a chart ... patterns, indicators, oscilators. SDMA, EMAs, Fibonacci.
If you are interested, I would be happy to go into more detail about individual tools and setups, but today I will just give an overview of which tools and types of trade are available.
Timeframe
Trend trading months to years
Swing trading days to weeks
Intraday 1 day
Scalping seconds-minutes
Different markets
Forex
Stocks
raw materials
Indices
Cryptocurrencies
The main technical indicators
Simple moving average (SMA)
Exponential Moving Average (EMA)
Stochastics
Relative Strength Index (RSI)
Commodity Channel Index (CCI)
Moving Average Convergence / Divergence (MACD)
Bollinger Bands (BB)
Chart types
Line chart
Bar chart
Candlestick Chart
Point & Figure Chart
Renko chart
Three line break chart.
Kagi Chart.
Heikin Ashi Chart.
Trade setups basic types
Continuation
Reversal
Sideways
Break out
My personal preferences
EW
Algo's
Pattern
Price action
EMA's MA's
RSI
MACD
KDJ
TAR
Stoch
BB
Pitchfork
Gan
The world of finance is diverse. It is very important to choose a style that suits your psyche, preferences and the amount of time you want to spend.
I would be grateful if you support my post whit likes and comments
Have a nice trading day
4 Proven Ways to Become a Better TraderHey all!
Heres another video that can help you all get your trading on track!
In this video we go over 4 ways to improve your trading, and overall become a better trader by focusing on,
- Having a complete system
- Managing your mindset
- Trading less and focusing only on the good trades
- learning from your losing trades
If you enjoy the video and it helps you give us a like! it helps us too!
The trend is your friend!In this article, we will present some basic information about the bedrock of technical analysis – the trend.
Technical research is founded on one main assumption: market prices move in trends as they are freely traded. Traders and investors hope to buy a security at a low price at the outset of an upward trend, ride the trend, and then sell the security at a better price when the trend stops. While this technique is straightforward, putting it into effect is incredibly difficult.
Trends come in all shapes and sizes, from long-term patterns that last decades to short-term patterns that emerge minute by minute. All trends tend to have the same characteristics. Investors must choose which trend is most important for them based on their investment objectives, personal preference, and the time they are ready to spend watching market prices.
Trends are obvious in hindsight, but ideally, we would like to spot a new trend right at its beginning, buy, spot its end and sell. However this ideal almost never happens, except by luck.
What exactly is a trend?
1. An uptrend or upward trend occurs when prices reach higher highs and higher lows.
2. A downtrend or downward trend is the opposite: when prices reach lower lows and lower highs.
3. A sideways or flat trend occurs when prices trade in a range without significant upward or downward movement.
From the investor/trader’s perspective, a trend is a directional movement of prices that remains in effect long enough to be identified and still be profitable.
The most popular method amongst traders to identify a trend is looking at a graph of prices for extreme points, tops & bottoms and to draw lines between these extreme points. These lines are called trend lines . By drawing lines between tops and bottoms we get a „feeling” of the direction of price movement, rate of change of movement, and also its limits. When those limits are broken, they can warn us that the trend might be changing.
Another method for the study of trends are the moving averages which smooth out and reduce the effect of smaller trends within longer trends.
The number of trend lengths is unlimited. The ability for trends to act similarly over different periods is called fractal nature . When we say that the trends are fractal in nature we mean that in any period we look at we see trends with similar characteristics and patterns as each other. The trend length of interest is determined solely by the trader’s period of interest . This doesn’t mean that different trend lengths should be ignored. Because shorter trends make up longer trends, any analysis of a period must include analysis of longer and shorter trends around it.
Trends are determined by supply and demand.
As in all markets, whether apples, oil or used car components the economic principle of interaction between supply and demand determines prices in trading markets. Each buyer bids for a certain quantity at a certain price and each seller asks for a certain quantity at a certain price. When the buyer and seller agree and transact, they establish a price for that instant in time, whatever the reasons might be for the buyer wanting to buy and the seller wanting to sell.
The technical analyst, therefore, watches the price movement and the rate of change of prices and doesn’t concern himself/herself with the reasons of the transactions because most times they are indeterminable. The number of players and the number of different reasons for their participation in supply and demand is close to infinite. Thus, for the technical analyst, it is futile to analyze the components of supply and demand except through the prices it creates.
Furthermore, when someone invests or trades the price is what determines profit or loss, not corporate earnings or Federal Reserve policy. The bottom line is that the price is what determines success and fortunately, for whatever reason, prices tend to trend. .
Trade with care.
If you like our content, please feel free to support our page with a like, comment & subscribe for future educational ideas and trading setups.
The 3 Types of Trades (Bad, Good and Great!)In this video we go over the 3 types of forex trades, the bad, the good and the great!
These tips are short and direct, but hopefully they are a wake up call to help you to start focusing on the good and great trades by being patient and disciplied!
I also go over our XAUUSD long trade!
Happy trading all <3
MANA about to pull a CHZMANA decentraland is a project about gaming and NFTs
I expect to pull a CHZ, with a bigger than expected return. In that context I would accept a 10$ MANA :)
I hope this isnt another fakeout, or I would be calling a top rofl
Let it develop, but I got a position at 1.09 and I expect at least a 5 USD MANA before TP.
Forex Trading Secret's - may be 5 min reading Change your life If You Really Want To Know The Secret Of Trading Forex Successfully Then Here It Is : There Are No Secrets There Are Skills Which You Have To Master Jut Like In Any Other Profession . If You Ask Any
Professional Trader. He Or She Will Tell You That Forex Trading s A business . To Make a Business Profitable You Need
Good Business Plan And a Range Of Skills To Execute The Business Plan
HOW TO BECOME A SUCCESSFUL FOREX TRADER
------------
To Become a Successful forex trader is very simple but it is far from
easy . first you must choose a trading strategy that works well for
you and suits your personality . you must develop a formal trading
plan which should include position size , entry , exit , stop loss and
profit taking rules , before trading n a live account , practice your
strategy according to your plan on a demo account for few weeks
once you are comfortable with the strategy , trade according and
repeat it over and over again , the key word here is discipline, you
have to become a disciplined forex trader to trade and profit from
the market consistently
THINGS TO DO
-------------
Always trade with the trend
always calculate your risk reward ratio before entering a trade and try to maximize reward
trade only when the markets are highly liquid , which is most of the time in the fx market
always use a stop loss
let your profit run
set and keep to a maximum daily loss amount , after which you must stop trading for the day
Never Quit , and learn from your mistakes to continually improve
THING'S NOT TO DO
--------------
Don't trade beyond your risk profile and comfort zone
Don't Hesitate yo initiate and exit your positions
Don't Over trade ( too many or too large of trade's )
Don't Move your stop loss
Don't let your emotions cause you to deviate from your trading plan
Don't try to get revenge from the market when in a losing position
Don't trade when you are not feeling well or cannot concentrate
THE 7 BIGGEST TRADING MISTAKES YOU CAN AVOID
------------------------
Not learning and educating oneself about the forex market ad trading
Not Having adequate capital to begin trading
Not treating forex trading as a business
Not trading according to a trading plan or not having a trading plan at all
Trying to teach the market a lesson when in a losing position
Trying to become rich iin one day or a short period of time
Starting to gamble when feeling low or bored
Eurusd Classical and harmonic analysis ok . I analyzed this chart once in the classical way and once in the Elliott harmonic wave. And finally I combined each of the two and came to this analysis
We will see what the correct count and its combination with classical analysis will yield.
26 march 2021
Real Chart Patterns to know ! (Educational Post)One of the most important skills for successful trading is Forex chart patterns analysis. Learning to recognize price formations on the charts is an essential part of the Forex strategy of every trader. Then, it is vital that you learn about these figures, their meaning and how you can use them to your advantage.
Signals service stung with $727,000 compensation at court.I have long been an opponent of signals services and many other services that claim to be providing educational content - I have to declare.
To avoid any issue that might breach the 'house rules', I have not named the company in question or any individuals. The Financial Conduct Authority is a legal regulatory entity (nothing to do with actual trading). The facts in this rare but important judgement are fully in the public domain. I ask the moderators to allow this post to remain so that traders can have discussions about it and exchange important information or experiences.
The judgement of the Court will serve as 'lessons' for new and some seasoned traders. Signals services will become more cautious in their disclaimers. However, the courts are likely to see through their words.
For one such (nameless) service not related to this post, I showed that an educator of traders would need to do no real trading at all. They would make more money from 'training' than trading. So lucrative is the business.
New traders especially need to be very cautious. My opinion - which is not advice - is that new traders should stay well clear of 'services'. Why? Because new traders are vulnerable and more easily exploited. I believe there is enough free and good educational content on Tradingview. All that provides enough knowledge to get going on Tradingview's paper trading account. But knowledge is not experience or skill.
Trading is not something you learn a formula about and go off to get rich. It is about discovering your true self and learning from experience.
I have steadfastly refused to join 'services' who have approached me from my personal messages on Tradingview. I never provide signals. What you see is what you get and it will always be free and without obligation.
Learn to Read Charts (Regression & BTC)✅ What is Regression?
Regression is a statistical method used in finance, investing, and other disciplines that attempts to determine the strength and character of the relationship between one dependent variable (usually denoted by Y) and a series of other variables (known as independent variables).
The general form of each type of regression is:
Simple linear regression: Y = a + bX + u
Multiple linear regression: Y = a + b1X1 + b2X2 + b3X3 + ... + btXt + u
✅ We can use linear regression in both Bullish and Bearish markets. All you need is the center and you can easily find the tunnel (channel) for forecasting. Also, you shouldn't let the noises distract you because they might make you misread your highs and lows.
In other words: The tunnel (channel) of your linear regression works as dynamic support and resistance.
✅ TradingView lets you use the Regression Trend for fast and easy forecasting. You can find it in the toolbar beside your chart.
The essential features of ETF’s In this article, we’ll go over some fundamental concepts about exchange-traded funds (ETF’s) .
To comprehend what an ETF is and what its qualities are, we must first provide a brief overview of mutual funds.
A mutual fund is an investment company that pools money from investors to buy a variety of stocks, bonds, and other securities on their behalf.
A portfolio is a collection of the underlying constituents. The firms that create these mutual funds assign a manager to oversee the investments. The basic concept is to give smaller amounts of capital easy access to diversification through a single purchase. An investor purchases a piece of a portfolio of his choosing. From the perspective of an investor, the mutual fund is easy. They essentially submit the investment to the mutual fund corporation. If they use a brokerage account, they will see shares of the mutual fund appear in their account, or they will receive a statement directly from the firm revealing their fund position.
The ETF's are a type of mutual fund that incorporates a number of more contemporary features. The first ETF listed on the New York stock exchange (NYSE) in 1993 was created to track the S&P 500 index.
An exchange-traded fund (ETF) is a pooled investment vehicle that is listed on a stock exchange, allowing investors to buy and sell its shares at a market-determined price during the trading day. They follow the same rules as any publicly traded stock, and they offer transparency and a central hub for all of their underlying asset classes. ETFs can be used to monitor the performance of an underlying index, commodity, or portfolio of assets. If you want to track a particular index, you don't have to buy shares in any of the companies that make up the index.
Let’s look at the characteristics of this product structure and why it is taking the investment world by storm. The main ones are:
1. Transparency
2. Exchange listing
3. Tax efficiency
4. Lower fees
5. Diversity
Transparency
All investors benefit from portfolio transparency because it protects them from risk. An investor must recognize that no other fund product on the market gives a daily accounting of the fund's holdings like the ETF. Portfolio holdings were traditionally only published quarterly or semiannually. ETFs make their portfolios available to the public on a daily basis.
Exchange listing
There are three major benefits of exchanging listing:
Standardization
Intraday trading
Liquidity
Standardization is a huge benefit for holding the same multi-asset portfolios all within the same account structure. Instead of having two separate parts of your portfolio with associated problems, you can now keep your bond position wrapped in an ETF structure within your investment account. You can also include your commodity piece as well as your alternate options.
Intraday trading has been a feature that has proven to be both beneficial and detrimental
Liquidity - Listing a product on an exchange and introducing it to a broader range of market participants in a standardized format will increase liquidity and reduce spreads beyond what was previously available. In the market, you can often see instances where the ETF price is trading between the underlying basket's "bid" and "ask" spread. The ability to access liquidity within the bid and ask of the underlying assets is a benefit that mutual fund portfolio managers and investors do not have.
Tax efficiency
The major tax advantage of the ETF structure within the portfolio management process derives from the concept of in-kind “creation” and “redemption.” The process is complicated and it has to do with the daily operations of the ETF in the primary and secondary market versus the ones of a mutual fund.
Lower fees
The introduction of exchange-traded funds (ETFs) to the market has resulted in a large reduction in the fees that investors must pay in order to obtain a wide range of easy-to-manage exposures as building blocks for a portfolio. This is important for investors because it allows them to keep their positions without worrying about gains being distributed to other investors who are buying and leaving the ETF, as is the case with mutual funds.
Diversity
The thousands of exchange-traded funds presently available offer a wide range of exposures. Investors can choose from a wide range of ETFs to achieve their desired exposure. This could include anything from main indices to overseas fixed income, leveraged commodity bets, and everything in between. Traditional benchmarks are also evolving as a result of ETFs. ETFs are no longer bound by conventional index schemes. The industry has developed to question how each index is built and what benefit it provides to investors.
Trade with care.
If you like our content, please feel free to support our page with a like , comment & subscribe for future educational ideas and trading setups.
AUDUSD 1H timeframeHello Traders and welcome to out channel. This is out thought process for this specific analasys. If you like this idea please support it with a like so we can keep posting more content like this. If you have any additional questions let us know in the comments and we will provide you with the answer! SharkFx wish you a successful trading week!
How to identify and use Supply levels (Educational Post)Hello traders , make sure to understand this post. as you can see ni the first case from the left the playbook is simple= micro sell signal in macro sell zone= fearless execution
for the second scenario the trend is strong so we expect to make a new low
for the third scenario our first target is the demand level.
SPXL - Corrective Rising Wedge!-SPXL has successfully formed a corrective rising wedge that looks pretty bullish!
-Past week's FOMC meeting also gives us some positive expectations.
-They expect a decrease in:
Unemployment rate: 4.5 (2021), 3.9 (2022), 3.5 (2023)
PCE inflation rate: 2.4 (2021), 2.0 (2022), 2.1 (2023)
-They also expect a decrease in GDP from 6.5 (2021) to 2.2 (2023). This part keeps
us conservative as it shows that upcoming years will be tough and we all will need
to keep a tight stop-loss on our investments.
-For now, SPXL looks pretty bullish! As long as it stays between the lines of the Wedge,
it has a potential to rise to resistance level @ 85.