Educationalposts
GBPUSD identify support and resistanceHi traders,
this is a quick view at GBPUSD at the 1h chart at this weekend.
This chart show you the zones for possible price moves for the upcomming week.
I look forward to see more pressure to the downside for the moment.
So leave a comment what will be the next move.
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.
📚 The Difference Between a Reversal and a Continuation!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today I want to share an interesting pattern that I always use to speculate (to an extent) the next move of an asset after an impulse movement.
First , locate an impulse movement, bullish or bearish.
Second , wait for the correction movement to start.
📌In case of a bullish impulse:
1- if the correction movement is bearish , then expect a continuation bullish impulse to follow.
2- if the correction movement is bullish , then expect a reversal bearish movement to follow.
And vice versa...
📌In case of a bearish impulse:
3- if the correction movement is bullish , then expect a continuation bearish impulse to follow.
4- if the correction movement is bearish , then expect a reversal bullish movement to follow.
📉 We can clearly see this pattern is playing out nicely on BTC weekly chart . I have highlighted many example with its pattern number respectively. And you can always refer to the cheat sheet on the left inside the two circles.
If we apply the same logic to the current price action. Is BTC currently in a bearish correction as per our case #4?
🗒What do you think?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember:
All Strategies Are Good; If Managed Properly!
~Rich
btc longbtc long
**the holy grail in trading is taking advantage of 90 percent of traders** out there who aren't reading the market correctly and who learned it through know applying you know moving averages and oscillators
candle stick patterns things of nature which is great for longer term for trading but they apply that to day trading they call that price action when they say I'm trading price action by taking the close of a bar against a previous bar and going long or short, that's not price action that's trading an indicator candle sticks are an indicator what you need to understand is numbers into constitute make up that supply and demand within that time frame whether you looking 5 min, 15min candle whatever
there is all was competition so what you want to have your eye on is where the institution are being graded which is vwap and then standard deviation away from the vwap where you can better your average that's what we do we become speculators when price move away from vwap , if we are selling we obviously looking for resell as retrace back up towards view up or we could speculate and get long in as move two standard deviations or three standard deviations away from both of top side the bottom side so purpose behind having this information once again you have to know and ask your self-question everyday single day every single moment your about put on the train who was in control,
we see sellers have initiated trade to the sell side they are in control where is value, right know where is price relation to value are you selling and its 2 standard deviations away from vwap so this means its too cheap and there it is cheap to sell there other side that we will be buying and you don't want short when large traders are buying you you all was want to stay with who is in control. *there is 3 question all was have to* ask, who is in control, where is value, and where is price related with value?
a successful trader is an efficient trader and this is a mark of efficiency and first, they have to understand what we are looking at and what we are trying to do is we are not batting against professionals you can't win you will not win they have money than god so you might as well stop fighting it so you wait then you see with information clearly fast you have to understand what is it so the fact that large institutions can't sell everything they have, means they have to part piece it out in multiple prices or over time so you notice that over time when you looking at this information you will start to see that they start hitting it around the same price it will retrace up they hit it again that can tell you the size or large you know that can tell you the size of the fund and what other real purpose is you know what they trying to do and there nothing else out there in the retail space that shows you this type of efficiency nothing
there is all was competition so what you want to have your eye on is where the institution are being graded which is vwap and then standard deviation away from the vwap where you can better your average that's what we do we become speculators when price move away from vwap , if we are selling we obviously looking for resell as retrace back up towards view up or we could speculate and get long in as move two standard deviations or three standard deviations away from both of top side the bottom side so purpose behind having this information once again you have to know and ask your self-question everyday single day every single moment your about put on the train who was in control,
the holy grail is ending breaking through consistently you know being consistently profitable its all about managing risk fast it's not about trading more increasing your commissions or those fees its not about taking a larger position its all about managing your risk and managing your risk is all about getting in before 90% of other traders are getting you want get involved in the direction of larger player but you want to get ahead of everybody waiting for the bar to close so. you have valuble information learn of whether it's block trades or the blocks or the trade imbalance or stacked imbalances inventory levels or whatever you want to use your standard deviations
we want a trade market generated information, we don't want trade biases we don't want trade randomness random number, market does two things, the market is the distribution system that seeks out value and it goes to value to value from high value to lower value it gona do so in a form of being balanced or equal and imbalanced unfair right and when its imbalanced its going to spend less time so there no value there for it searching for value and what noft prepare for this information algorithm in the orderflow sequence tracker prepares this information chronologically so that when your in the trade if your finding inbalnce occur your you gonaa stay with that trader as soon as imbalance offset by other side then it become value market will pause and trade basically turn around a price level and either at that point going to continue or large trader come in and create that imbalance once again or it comes back to the value and so you want be able to see that information as soon as available soon as you see imbalance and bounce your risk become higher there no longer imbalance that's all price sets become a fair price therefore you lose your edge and trading is all about the edge your edge is the 90% losing traders out there
5 LESSONS from the Bear MarketHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Bearish markets are a normal part of the economic cycle, but even after years and years of repeating processes and patterns, it can still be hard to embrace.
The real value of a bear market may be that it gives investors the opportunity to gear up for the next cycle, in other words to accumulate and buy in cheap. It also helps you see the importance of managing your risk and diversification. For example - let's say you've invested 100% of your free cash into Bitcoin. IF Bitcoin were to trade sideways or lower for a longer period, lets say months, you have no capital left to invest in other potential opportunities. You are also missing out on rallies that may be happening across other markets. Your portion of diversification is definitely dependent on your initial capital investment, but try to diversify as far as your capital allows.
For savvy investors, a bear market also creates a period for looking beyond emotional headlines and studying the hard facts — facts that can ultimately place them in a position to take advantage of coming opportunities. Periods of falling prices are a natural part of investing in the stock market. Bear markets follow bull markets, and vice versa. They are considered the “ebb and flow” of wealth accumulation.
Now, let's take a look at 5 Things YOU should remember during the Bear Market :
❗ Periods of falling prices are a common part of investing / speculating
❗ An investment’s value will be greatly influenced by fundamental factors, and sometimes fundamental factors is enough to create a bullish or bearish market for that assets and related assets
❗ Diversification , (even though it does not protect anyone against losses), often provides the safest haven against the ebb and flow of fluctuating markets
❗ Invest over time, rather than make single lump-sum purchases. In other words, falling prices are the friends of dollar cost averaging investors
❗ Take a long-term view when investing in the stock market. Short-term fluctuations are natural. Try to invest in projects that are undervalued , rather than jumping in whilst a coin is in the middle of a parabolic rally.
Check out this idea on ETH that covers dollar-cost-averaging:
Remember that you’ll be bombarded with all kinds of economic information during both bear and bull markets. There will be reports, for example, about inflation, interest rates, and unemployment figures that may encourage you to either give up on the market or invest in it. To avoid being lured to either extreme, develop a financial strategy that accounts for risks you find comfortable. Then trust yourself and stick with the plan.
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CryptoCheck
Making MORE Money 🤑 Side Hustle Ideas Hi Traders, Investors and Speculators 📈📉
Times are tough. With forever increasing inflation comes forever increases prices of gas, food and other inescapable living expenses. Although the cost of things keeps on rising, our salaries unfortunately, do not. So today I've done something a little different, and pulled up a table on things you can do part time to make additional money. Please remember to hit like to show your appreciation for the efforts that went into this post :-)
Let's break it down:
1) TRADING 📈 📉
Speculating markets can be challenging no doubt, but if you do it right and have the patience, you can most definitely make more than the basic savings cost the bank offers you (which is 3% - 5% per year, depending on your capital). Remember that these are ideas to make extra money . So don't go quitting your full time job and sell your house to trade, even the guys on Wall Street earn a basic.
2) TUTORING 📚
Tutoring can be a great source of additional income. The only catch with this, naturally is you would need some sort of education in the subjects that you are tutoring. The field for tutoring is wide. You could teach online, or at a student's house. Tutoring doesn't only mean math or science. Can you speak a foreign language apart form English? This could be an opportunity for you to tutor a foreign language!
3) HANDYMAN 🔨🔌
People need handymen for all sorts of reasons. Perhaps an old lady needs help putting up curtains, or the man next door can't figure out how to change his plugs. Maybe your cousin wants to paint the house, or build a shed... If you have a few tools, this could be a lucrative extra income.
4) MUSIC 🎭🎶📯
Can you play a musical instrument? Or sing really well? Many people would love to learn. Teaching them what you've learned can be a great additional income, and if you're good at it, high paying as well.
5) GARDENING 🌻🌼🌷🌲
Gardening is like pineapple on pizza - you either love it or you hate it. Luckily, this makes for an excellent opportunity if you enjoy gardening. If you're knowledgeable on plants, you could either offering landscaping advice or even put together a small team of workers to redo a garden. You could even stem plants, grow them and sell them... pure profit !
6) CLEANING 🧼🧺
I have a friend who started a cleaning company when her children left the house... she now makes more money than her husband, who has a corporate job. She has a team of ladies who clean houses before people move into a new place or as they leave. But the options are endless.
7) RETAIL ⌚🎁👓
Perhaps the most common way to earn a profit, is to hunt bargains and sell products on an online platform for a higher price. The options here are also endless, just keep in mind import taxes and fees for listing on the platform.
There are many more ideas to earn additional income on top of your salary, these are a few that came to the top of my mind. I hope you enjoyed this post today!
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
Theory Of Visualization And Powerful Concept For Trader 🌆In today’s TradingView Post, I’m going to talk about the one Concept that Nobody Talk About and It Is Very Useful For Traders.
You see, very often traders are bent on making trading a Right or Wrong endeavor.
The moment they place their Trade, they do it with an expectation of Profit. Now, on this trade.
And that’s the Wrong Mental approach to have, that’s the Wrong mentality to adopt in this endeavor. Because the Market doesn’t work like that.
To Trading requires clear rules about the actual trade execution as well as with regards to the mental condition.
Both requires training which on the one side can be achieved through Screen Time And Focus however Visualisation one the other side represents an Effective Concept to further strengthen the own Abilities off the Screens.
In This Post we Investigates the Concept of Visualisation and Try Make it to the Topic For Trader.
ok let's go
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"THE THEORY OF VISUALISATION"
Brain Studies provide a Strong Scientific basis for How and Why Visualisation works.
In Some Neuropsychology Research reveal that Thoughts Create the Same Mental instructions as Actions.
Mental Visualisation has an impact on many Cognitive Processes in the Brain Confirming the Brain is getting trained for the actual Physical performance during the Visualisation in other words We Stimulate the Brain activity through Visualising the same way as when Actually performing the Action.
The Thalamus is the Responsible Part of Brain which serves this Unique role , ranging from relaying Sensory and Motor Signals , as well as regulation of Consciousness and alertness It makes no distinction between Inner and Outer realities, Therefore , any idea that is Visualised intensively enough will take on a semblance of reality in the brain - the actual belief becomes neurologically real and the brain responds accordingly.
This effect has specifically been visible when people Meditated intensively on a specific goal over an extended period of time.
The Brain begins relating to that Meditated idea as of it were reality . During the research, Neuroscientists discovered Two VERY FUNDAMENTAL Characteristics the Brain that Help Visualisation Work the way it does..
First : the Brain thinks in Pictures
Second : the Brain cannot distinguish whether something is just Imagination or actually Experienced.
( And There are people who believe that pain and illness are not real. They usually also believe that the universe is essentially a figment of our imagination. How we got imagination without having a brain escapes me, but think “The Matrix” without an underlying reality .)
Lets Back To The Topic...
Just Remember this.
Brain Think In a Image And Cannot Distinguish Whether is Real or Not..
THE BLUE-PRINT
It was noticed that Visualisation creates Neural Pathways in the Brain which act as a Blueprint to be Followed in the actual Physical Performance concluding while Visualising the brain creates the same neural pathways as actually doing it.
Psychologist Sian Leah Beilock of University of Chicago has done Research in this Area and considers Visualisation an important aspect for setting any goal since much the Unconscious Brain is build around a Visual Construction of the world.
Many studies have confirmed that Visualising the performance actually improves the Execution in the Real World.
Neural Connections are formed and the Strength of the Connections is directly proportional to the intensity of the Individual's Imagination feeling strengthens the Neural Connections.
Famous Actor Arnold Schwarzenegger have confirmed to use Visualisation techniques to cultivate a sense of belief , build confidence and create momentum to realise their ultimate goals.
" The more I focused in on this image and worked and grew, the more I saw it was real and possible for me to be like him .” -
Arnold Schwarzenegger
" It’s the same process I used in bodybuilding: What you do is create a vision of who you want to be — and then live that picture as if it were already true .” - Arnold Schwarzenegger
TRANSFERRING THE CONCEPT TO TRADING
Finally , transferring this concept to Trading , Screen Time can be extended to Visualisation Getting into a Meditative mode and Visualising your Trading Plan and Rules helps to better Internalise them getting a clear picture of what to look for.
Additionally , different Trading Scenarios can be visualised like the Perfect Trade Including the location and setup, Reversal and Breakout situations.
Also Scenarios where a Sense of Anxiousness is Experienced can be Recreated during the Visualisation to Train dealing with the Respective Emotions and be better prepared in live Situations.
When a Concept is Visualised over and over , the Brain begins to respond as the concept was real the Respective Neural Connections are formed.
Ideas for Visualisation can be taken directly from the recent experience or trade reviews for example providing a clear focus on what to visualise.
As a result , those Concepts begin to feel more obtainable and Real Motivating other parts of the take intentional action the Physical World...
CONCLUSION
The Brain not know whether your Visualisisation is real or not and Try to Visualize Sweet and Bitter moments Over and Over in Trading to Create a Respective Neural Connection to build Confidence ,etc That will helping you in Trading..
END..
*Thank For Reading Guys
no more words.
Just Wishing you Profitable Weeks!!
Regard Valerus
Source:
Bladerunner 2049 Movies
Wallstreet Journal
Uctrading
💲Amount of Return Necessary to Restore to Original Equity Value💲In today's educational post, I would like to share with you a post on: Amount of Return Necessary to Restore to Original Equity Value
10% - 11.1%
20% - 25%
30% - 42.85%
40% - 66.66%
50% - 100%
60% - 150%
70% - 233%
80% - 400%
90% - 900% 100% - ☠️
💲Remember, never risk more than 0.5%-2% of your capital on one positions
💲Never lose money you can't lose
💲Take care of yourself and your capital <3
📖 5 Books On Trading That Everyone Should Know 📖📖 5 Books On Trading That Everyone Should Know 📖
📖 1. Reminiscences of a Stock Operator - Edwin Lefèvre.
📖 Reminiscences of a Stock Operator is a fabularized biography of the most famous speculator of all time Jesse Livermoore. Jesse Livermoore operated in the stock and commodity markets in the early 20th century in the 1920s to be exact. He was one of those speculators who made an astronomical fortune almost from scratch. He made and lost fortunes. His wins and losses as of today could be counted in the hundreds of millions of dollars. His speculative concepts and brilliant remarks on the markets, inspired and still inspire speculators around the world today. Despite the passage of 100 years since those events, the strategies and trading approach have not lost their value, I would even say they have gained. The book reads very well, it is written in accessible language, everyone will be able to understand it and take something for themselves. A must-have item on the shelf at every trader's home.
📖 2.The Disciplined Trader - Mark Douglas
📖 The Disciplined Trader. One of the first books that on such a scale spread interest in psychological elements in trading. Mark Douglas, after working with many traders in his career, noticed that mental elements are one of the main barriers to success in trading. He presents in his book the principles and mental attitudes that are necessary for success in this industry, it is worth mentioning that these attitudes are fundamentally different to what we have been taught to live in society. An ideal book for people who feel that the technical aspect has been mastered, but still feel that they have some internal blockages that block them from achieving systematic results in trading.
📖 3. Market Wizards - Jack D. Schwager
📖 Market Wizards. Book-talk. This is the first, and considered by many to be the most important, part of Jack Schwager's conversations with prominent traders. In it we can hear their stories and thoughts on trading of such people as: Jim Rogers, Paul Tudor Jones, Larry Hite, William O'Neil.
In the book we can read a lot of conversations in which each trader brings something from himself and presents his specific view of the market. We will learn a lot about technical analysis, as well as fundamental analysis, risk management and many other aspects related to trading. Everyone can find something for themselves. It is not a book to be read from cover to cover.
📖 4. The Intelligent Investor - Benjamin Graham
📖 A book of investing legends. The most prominent investment advisor of the 20th century. Since its publication, the book has become, so to speak, a holy book of the stock market and the philosophy of "value investing" with which every investor must become familiar. Its philosophy and the principles it recommends to follow teach and inspire investors around the world to this day. It is worth mentioning that Warren Buffett was one of Graham's disciples and repeatedly mentions how great an influence he had on him. A must-have item for any aspiring long-term investor
📖 5. Technical Analysis of the Financial Markets - John J. Murphy
📖 Another holy book this time on technical analysis. This book is a comprehensive expedition presenting the vast majority of technical analysis concepts. John J. Murphy, thanks to his 30 years of experience working in financial institutions, takes the reader through all the topics that are key to understanding technical analysis. It is an excellent primer, which allows for an accessible and understandable introduction to the world of technical analysis. The book lays a solid foundation, thanks to which you will be able to expand your analytical skills. Everything we need to know about charts can be found in this book. It is no wonder that to this day it is a worldwide bestseller and the most popular book on the technical aspects of market analysis.
📖 Have you read any of the books mentioned? share your opinion in the comments.
✨If you liked the post leave a like and follow to stay up to date with upcoming materials.✨
The trend is your friend!Hi guys, This is @CRYPTOMOJO_TA One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
In this chart, 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 preferences, 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 drawing 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 is 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 an 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 for 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 determines success and fortunately, for whatever reason, prices tend to trend.
Trade with care.
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