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10 Things I Wish I Knew When Getting Started With TradingHere are ten key points I wish I knew 11 years ago 1. Position Sizing: Trade with suitable position sizes to minimize the emotional impact on decision-making. Ensure your trades are neither too small nor too large, balancing the potential for profit and the ability to make rational decisions. 2. Avoid FOMO: Don't trade based on the fear of missing out. Make informed decisions by analyzing the market and potential trades, rather than being swayed by others' excitement or panic. 3. When to Exit a Trade: Focus on trading based on technical analysis, not your profit and loss. Exit a trade when the conditions you entered the trade no longer apply. Consider using mental stops over hard stops, but only if you have enough experience. 4. Journal: Keep a detailed record of your trades to analyze and improve your performance. Track your wins, losses, and the specific conditions of each trade to identify areas that require improvement. 5. Buy High, Sell Higher: Embrace the concept of buying into strong trends for greater success. While "buy low, sell high" is a common mantra, buying into a growing trend can be a more effective strategy. 6. Different Types of Trades: Understand and become comfortable with various trade types, such as scalping, momentum trading, technical-based trades, and options trading. Each type requires different strategies and scanning techniques. 7. Resources: Choose educational resources wisely. Avoid get-rich-quick schemes and focus on informative materials that teach essential concepts like candlesticks, indicators, options, and scanner settings. Look for resources that acknowledge the difficulty of trading and offer well-rounded, sustainable strategies. 8. Stop Predicting Tops and Bottoms: Focus on following the charts and resist the urge to predict tops and bottoms. Counter-trend trading is a common reason new traders lose money. 9. You Are Not an Economist: Trade based on current market conditions, not long-term predictions. Avoid developing a market bias that could negatively impact your trades, even your day trades. 10. Don't Trade What You Don't Know: Gain sufficient knowledge before trading a particular instrument. Jumping into a trade without understanding the underlying mechanisms can lead to costly mistakes. Educate yourself before diving into new trading instruments. Yours,
BITSTAMP:BTCUSDEducation
by VectorAlgo
6
✅ THE ULTIMATE BEGINNER'S GUIDE TO INVESTING 👊There are a lot of myths surrounding investing. Some say that it is too complicated for a beginner, and you can't figure it out on your own. Others portray the image of a successful investor who travels all the time and does almost nothing. So, let's find out how things really are. What Is Investing? Investment is the long-term investment of funds, finances and other capitals in a variety of instruments in order to generate income in the future. Furthermore, there are two types of investments in relation to objects of investment. The first type is investment in the real sector (real investments). However, the subject of today's article is related to the second type of investment - financial investments, not investments in the real sector. Let's dot all the i's and and cross the t's to define with you what we mean by financial investments. Financial investments are long-term investments of finances in securities, shares, bonds, mutual funds, precious metals and other derivative instruments of securities. Financial investments are also called portfolio investments. Portfolio investing means that an investor can invest in several financial instruments at once, thus forming a specific "portfolio of investments. A portfolio helps an investor to diversify his risks, that is, even if there is a completely failed investment, the investor is able to offset his losses at the expense of more successful instruments from his portfolio. Structure Of The Financial Investment Market Before considering investing and financial instruments, it is necessary to understand how this market is structured. The structure of the financial market can be divided into three main segments: -Stock market -Debt market -Foreign exchange market The stock market is where shares of various issuers and other derivatives that give the right of ownership are traded. The debt market, also called credit market, is characterized by investments in debt instruments, such as government and corporate bonds. It is generally believed that the debt market is the most risk-free and conservative, but low-yielding way of investing, the yield on which will not exceed, and often coincide with the yield on a bank deposit. Here much depends on whose bonds you invest in and at what point. The third and extreme segment in this classification is the foreign exchange market, where it is possible to purchase contracts (both options and futures) for the purchase of currency in the forex market. In addition, in recent years, a new market is beginning to take shape - the cryptocurrency market. Due to the popularity and rise in the value of Bitcoin, this market has expanded significantly in 2016-2017 and more and more types of cryptocurrencies are coming to the market. Why Should You Invest Money? The question of why to invest in various financial assets often arises in people who are just beginning to become interested in ways of making passive income. One could say that this skill belongs to the obligatory skills of a person who wants to come to success, just as one used to need to know how to speak French or ride a horse. Another thing is that the vast majority of people spend almost all of their money on daily expenses - food, clothes, rent, and often credit as well. This is a kind of dependence on the bank, the state, and the place of work. And professionalism in one area or another is not yet a guarantee of good profits. Everyone in the modern world just needs to learn how to manage their finances and how to multiply them. Almost everyone periodically thinks about saving and achieving financial freedom, providing a peaceful old age, and investing in the future of their children. A certain role is played by the state, allocating pensions to elderly people from the pension fund, in which accumulated amounts of deductions from wages for a lifetime. However, the size of pensions is known to all - it is simply impossible to provide a decent old age for them. Many pensioners who have worked all their lives live on the brink of poverty. Why is the situation different in developed countries? Older people travel around the world and live life to the fullest. And these are not celebrities or oligarchs - they are ordinary average people. The answer lies in the fact that investments play a huge role in people's lives in developed countries. Up to 80% of Americans invest in shares of large companies and receive dividends on them. The question of why they need to invest does not arise there - they start investing at a young age. It is enough to look at the figures: In the US the volume of investments in investment funds is twice as much as the volume of bank deposits; In Europe, the volume of investments in investment funds is five times less than the volume of bank deposits. Moreover, do not forget that the investor gets an opportunity to receive dividends from shares - investment income, which in the long run may exceed salaries by several times. Investing For Beginners: The Power Of Compound Returns In simple terms, compound return is the re-investment of profits earned during previous successful investments. The process can be represented as the use of dividends, interest paid, and other income distribution options. Depending on the share of reinvested funds from the total amount of profits, a distinction is made between full or partial reinvestment. It is impossible to predict in advance the profitability of reinvestment, but the investor can control the process by adjusting the timing, amount, selected instruments, and external circumstances. Reinvestment is the practice of using dividends, interest, or any other form of income received as a result of investments, to obtain new profits through the purchase of shares, units, or other assets, instead of just spending what is earned. Let's take a closer look at the principles of reinvestment and the factors that affect its result. If you're planning to reinvest profits to increase your overall income, consider how to do so with minimal risk of loss while earning a steady income. To increase the chances of successful reinvestment, stick to three basic principles: Use only available funds to invest. If you're not sure you'll need some or all of the money you're investing shortly, don't reinvest profits. For reinvesting, take as much money as you can set aside for the long term. Diversify your investments. The golden rule for investors is to diversify their capital by diversifying their financial instruments. A balanced portfolio is the best protection against sudden market movements and losses. While one asset falls in value, the rest grow and generate income. Make sure that investments generate income without exposing your entire capital to excessive risk. A professional investment manager can help with the selection of tools and investment strategies if there is no possibility to study the intricacies of stock trading independently. As in the case of initial investment, reinvestment should be made competently, choosing the safest and most promising assets, and avoiding excessively risky transactions. Any action by an investor must produce an ultimate return. You can receive dividends and spend them on your personal needs, or use the extra profits to multiply your invested capital. Sometimes the external conditions for investments are not so favorable, and an investor prefers to wait out a dangerous period, withdrawing all assets into currency. Such behavior was demonstrated by Warren Buffett, 89, who decided in 2020 to get rid of assets, including investment bank Goldman Sachs, American carriers, and go into "cash", despite positive market dynamics and a relatively weak dollar. This decision analysts explain the preparation of the guru of investments to the stock crash, incomparable even with 2008 when Buffett has maintained an optimistic view of U.S. assets. The decision on the advisability of reinvestment is based on some factors: Inflation rate. If money is depreciating rapidly, reinvesting means trying to catch up with inflation while trying to maintain the same capital value. In a hyperinflationary environment, it makes no sense to wait for an investment to yield a limited return or to result in a loss due to the loss of value of the money invested. Affordable financial instruments. The recent top assets for reinvestment include real estate, currency, and deposits. As the stock market develops, the center of attention has shifted toward stocks, bonds, and indices. U.S. stocks are growing in popularity, with different stock exchanges providing access to them. Risk appetite. Some companies prefer to close their positions or limit investments to reduce possible negative consequences. Others are prepared to keep risking for the sake of profitability. Every financial instrument has its profitability and risk limits. The higher the projected return on reinvestment, the more justified this step is. The situation in the economy can facilitate or limit opportunities for investing and reinvesting. The worse things are in the country's economic sector, the less reason to reinvest profits. In addition to objective factors that influence the decision to reinvest income, there are subjective features of a person and his circumstances that make him agree or refuse to make further investments. A person invests his earnings where he can earn the most profit. As a rule, the decision to reinvest is made based on an analysis of alternative returns. If a person buys a car for $100,000 instead of opening a bank deposit with the profits he earns, it means that in addition to that amount over the 5 years the car will lose the amount of unaccrued interest - for example, 5% for each year. And instead of owning a car worth $100,000, one could earn $128,000. Timing The Market: What Investment Returns Can You Expect? On the whole, we can say that the world economy is growing at about five percent a year. Of course, in dollars. Slightly lower should be the currency yield from investments in bonds, but their use is assumed only as a reserve, not strategic growth. Is it possible to earn more? Yes, if something important happens: technological advances, breakthroughs in new industries - and the investor is at the root of it. Those who first appreciated the prospects of switching from coal to oil in the past are some of the richest clans on the planet today, such as the Rothschild clan. You do not have to go far, it was enough to assess the prospects for the development of electronics and, in particular, computer technology thirty years ago - and we can say a billion is already in the pocket. Let's look at examples, of how much could be earned on different types of investments. The average annual return on the S&P 500 over the past ten years is about 13.6%. Thus, if an investor were to put into his portfolio the same securities that make up the index, he would get a much higher return than on a deposit in a bank. During the same period, credit institutions attracted deposits at 4-5 percent. And in the bond market for government securities, the yield was, as we see from the previous example, 5.2 percent per annum. The yield on corporate bonds was even higher - 6-10 percent, depending on the reliability of the companies. Thus, having placed money through a broker at the exchange, the investor could count on the bond market, if not twice, but one and a half times more than in the bank. At the same time, of course, such investments are not subject to deposit guarantees. But, on the other hand, if you buy bonds from major companies, their existence is ensured at least access to raw materials. Behind them, unlike credit institutions, there are usually real production assets that generate stable revenues. And what about other types of investments? Analysts of the real estate market say that properties have risen in price by more than 16% over the year. But these figures should be treated with extreme caution: Firstly, realtors always, under all circumstances, claim that prices are going up, even if the trend is the opposite. Secondly, the posted proposals - it is not the real price of an object, to sell something, the cost must be discounted, which remains at the level of non-public agreement between the seller and the buyer. The real estate market is much less transparent and not as liquid as the stock market. In addition, the cost of admission varies significantly. Investments in real estate most often require at least a few hundred thousand, if it is not a collective scheme, while for the purchase of the same bond on the New York Stock Exchange just a thousand dollars is enough. It must be said that one of the most profitable types of investment in 2021 was simply buying foreign currency. The dollars rose by more than 20% and the euro by almost 30%. This suggests that those who invested money in instruments denominated in foreign currencies managed to make the most money on investments. Even though the interest initially looked more than modest. How Much Money Should Beginners Invest? The fact is that any investment activity involves a certain risk. Therefore, before engaging in investment activities, it is necessary to create the proverbial financial safety cushion. This should include all mandatory payments, medicine, food, and even entertainment. Otherwise, an unsuccessful start in investing and the difficulties you will encounter in the absence of a "cushion" will most likely discourage you from continuing to learn to be an investor, and it rarely works out well for anyone the first time. So, you already have a financial safety cushion. Now you need to invest the first sum of money. But the size of that amount will predetermine the type of instruments available to you. If the bonds have a face value of 50 dollars (please note that we will not take into account brokerage commissions, because our discussion is about the principle of approach to the first investment), then having this very $50, you can go and buy bonds? No, not really! The minimum investment required to purchase a single bond is about $1,000, though bonds are generally sold in $5,000 increments. You can buy shares for $500 since their prices can start from $10. However, it would be rather unethical of us to recommend to a beginning investor to start investing in such a risky instrument as stocks. The dividend yield on them is not guaranteed, and no one can promise an increase in the price. This is why our logic leads us to believe that one should begin investing with an amount of about $1000-$3000. Moreover, we advise such a trick. Put every "extra" amount of money on a separate account, not a brokerage account, but a time deposit account with the ability to deposit and withdraw partially, you can even do it on the same account where you "lay" a safety cushion. As soon as you manage to accumulate "extra" $3000, i.e. you don't need them for other vital necessities, you have to withdraw them, transfer them to the brokerage account and buy the next portion of the securities. Yes, stocks are cheaper and sometimes sold by the lot, but we wouldn't recommend starting with them. Start filling your portfolio with corporate bonds, and try investing some in stocks, let's say 10% of your capital. 10% is an insignificant amount in case of loss, but in case of high returns, can significantly raise the average return of your portfolio. How Can You Start Investing? When you finally decide to start investing, you might be wondering what steps you should take. Here are our recommendations: Decide on an investment horizon. When it comes to bonds, the stock market has a conventional division into short-term securities and long-term securities. For example, Federal Loan Bonds are limited to a specific term (3, 5, 7, and even 10 years). Shares, on the other hand, are considered indefinite assets. They exist as long as the company operates and remains public. Choose an investment instrument. Decide where best to invest your money. An investor decides which securities he will buy, whether he will invest in business development, entrust his savings to a mutual fund and management company or simply open a deposit in a bank. Be guided by risk and return. Fixed-income securities (like federal bonds) are considered less risky than stocks and bonds issued by businesses. To make it easier for you to choose the right investment instrument, first determine your risk profile. This is the type of behavior you have in the financial market. It will take into account your goals, desired returns, investment horizon, and risk tolerance. Depending on your risk attitude, your risk profile may be conservative, rational, or aggressive. Conservative investors prefer low-risk instruments with small returns, aggressive investors are willing to risk capital for the sake of high potential returns, and rational investors choose the golden mean. The Beginner's Guide To Where To Invest Your Money By definition, it is necessary to invest in something. There are a great many options where you can invest your capital. Among the most common instruments, we should note the following: -shares -bonds -investment funds -real estate -own business Let us consider different ways to invest your capital according to the risk appetite. Instruments for the conservative investor A conservative investor who is not prepared for possible losses can include low-risk instruments in his investment portfolio: bonds, bond exchange traded funds (ETFs), real estate investment funds, deposits, as well as structured products with full capital protection and ISH. Most often, it is recommended that beginning investors work with conservative instruments at first, and then add other instruments to their portfolios over time. Instruments for the aggressive investor Aggressive investors, i.e. investors who are ready to risk a considerable part of their capital for the sake of high potential profitability, invest their entire portfolio in stocks, derivatives (futures, options) and structured products without capital protection. Such investors often have extensive experience in the stock market, a large amount of capital and will be able to survive a failure painlessly. Instruments for the moderate risk investor An investor with a moderate risk profile combines high-risk instruments with conservative ones. Adding conservative instruments to the portfolio reduces risks, while high-risk instruments allow for higher returns. The classic scheme: 50% of the portfolio in conservative instruments, 50% in high-risk instruments. In addition to the above, the portfolio may also include precious metals in an investor-friendly form, equity ETFs (due to the greater number of shares in one ETF, equity funds are less risky), structured products and ISMs with partial capital protection. With knowledge of all available financial instruments, each investor can choose the most appropriate ones for his level of expertise and experience, as well as for the comfortable riskiness. The main thing is to approach investments consciously, correlating each instrument to your financial plan and investment objective. Potential Risks Of Investing Risks can have an internal or external nature and are not always predictable. Their main types are: Liquidity risk - the risk that interest in an asset will plummet and the value will be well below the purchase price; Inflation - decrease in purchasing power and loss of liquidity of all assets; Currency risk - decrease in the value of assets that are related to foreign currency; Legal risk - change of risks as a result of changes in the regulatory framework. There is also the possibility of force majeure, for example, man-made or natural factors. As a rule, they are stipulated in the contract with the investor as separate clauses. Other risks can be adjusted if you constantly monitor changes in the global and domestic financial markets. Another rule that can help reduce the likelihood of losses is the creation of an investment portfolio and its timely adjustment. Still, there are some ways to reduce the possible risks. It is easier to manage risks at the planning stage of a portfolio. It's impossible to reduce risks to zero, but a few simple principles will keep your investors and their capital as safe as possible: Invest evenly in different types of assets. If you choose to invest in securities, invest in different areas. Don't invest the last of your money. Always leave savings-a "safety cushion." If your assets depreciate, no one will pay you insurance. Examine projects and assets carefully before investing. Invest in projects that have positive feedback from past investors. Do not work with those who promise you huge earnings with no risk. Do not give in to emotions. Act decisively and sensibly, without panicking at the slightest price movement. Set yourself a limit on the maximum losses. Let's say you choose 25%. If your assets fall in price by 25%, you will sell them to avoid even greater losses. The key to successful investing is to choose quality assets (reliable stable securities). You should not give in to gambling and invest all of your capital in risky projects. What To Look For When Choosing An Investment Broker Before deciding which broker will provide you with services, decide on your investment objectives: have you already decided what markets you are going to enter, and what assets would you like to trade? Before taking any step in investing, it is better to define your goals precisely. Now let's see what to consider when choosing a broker. Step 1: Check the license You need to start by checking if your broker has a license. Central banks regularly check the compliance of brokers and can revoke the license if any violations are found. If the license is revoked, the broker will suspend its work and must return the invested funds to the clients. Step 2: Gather information from open sources Familiarize yourself with the broker's website. It will be good to check the organization's data on financial performance. A little dive into the history of the company will not be superfluous. Check if there have been any legal proceedings, malfunctions, license suspensions - and for what reasons. Check what has been written about the broker in the industry media, but do not forget to do fact-checking, i.e. pay attention to the reliability of the source and double-check the data. Step 3: Check the fees and commissions Brokers receive a commission on the amount of a transaction. Study the rates on the websites of different brokers. Large organizations usually offer several rate plans. To choose the most appropriate one, determine in advance what markets you plan to trade (stock, futures, over-the-counter) and how often. Brokers may charge not only transaction fees, but also commissions for depositing and withdrawing funds, using a trading platform, submitting phone orders, and other fees. In addition, it is important to remember the existence of a subscription fee - if there is one, the broker will earn even in the absence of transactions. Consider custody services, which may be fixed and included in the brokerage fee or may vary depending on the number of securities. Step 4 . Evaluate the convenience of the service If you are planning to use a trading terminal, i.e. software for making transactions at the exchange - look at what kinds there are and how they work, which one is offered by the broker and whether you understand its interface. Brokers now have mobile applications for trading. If they are available in the demo version - download and try it, in this way you will understand if the interface is convenient and if you feel comfortable working with the application. Step 5: Check out the education and analytics sections Training materials, investment ideas, analysis, and research articles and forecasts are useful for beginners and more advanced investors alike. Many brokers now offer articles, webinars, podcasts, video courses, and more to clients. This can be another factor that will make you pay attention to this particular organization. Beginner's Tips To Get Started With Investing It is impossible to completely avoid risk while investing in the financial market. Therefore, the investor is faced with the task - to minimize possible losses, at an optimal level of profitability concerning the goals and horizons of their achievement. For this purpose, studying the experience of famous investors and financiers is suitable. Here are a few tips to help avoid unnecessary mistakes. Discipline Even with minimal investments, a sequence of steps, analysis of the situation, and regular additions to the portfolio will lead to the desired income. Do not relax when you get the first earnings - it is better to reinvest them to achieve the goal as soon as possible. Persistence and calmness Everyone's journey is a series of ups and downs. Investors are no exception. A cool mind and control of emotions will not allow you to make mistakes in a critical situation. And the accumulated experience will help to avoid their repetition in the future. The right environment Communication with like-minded people will put you in the right mood, and monitoring market information and not only - will help you to navigate faster in the situation and make the right decisions. Reading professional literature, visiting topical forums and social networking pages - all will form your thinking. Constant learning The world does not stand still, and the world of investments is no exception. Self-education, observations of experienced colleagues, and reading financial literature will expand opportunities and open new promising directions. Mistakes of beginning investors It is not possible to avoid mistakes altogether - as in any business in which you are just starting. However, they can be minimized. Lack of a safety cushion. No one can guarantee your success in investing. If unforeseen circumstances arise, you must have a safety cushion of 3-6 months' salary. Lack of funds for the beginning Often brokers offer to begin from the minimum amount, say 300 dollars, however, such investments without additional permanent deposits will not be effective. Lack of basic education After studying, say, three books on the securities market and an economics textbook, many people start to feel self-confidence in the market. This is where the first serious errors begin, such as underestimating the risks or choosing sub-optimal instruments. Remember - knowledge must be gained, updated, and constantly expanded. The desire to get rich quickly In the search for super-profits, private investors can often meet crooks and all sorts of fraudsters on their way. A reasonable assessment of the prospects of income and the choice of well-known intermediary companies will reduce the risks as much as possible. Using substandard sources Sources of quality information are not difficult to find - to date has written many useful books and created a huge number of training materials.
UEducation
by FOREXN1
20
How to properly use Pivot Points in your tradingA flaw many traders have is the habit of seeking “certainty” via indicators. It’s not uncommon to see charts with 5-7 indicators overlaid on them. However, the traders that seek certainty through indicators are usually the same traders that don’t “dig deep” into the indicator to understand how it’s built. Today we will “dig deep” into a very useful indicator that can generate significant reference points. This indicator is useful for pinpointing entry levels, stop loss levels, and profit targets. Pivot Points: from pit to platform A little-known fact is that Pivot Points originated differently to other indicators. Contrary to most technical indicators, they originated within trading pits of equity and futures exchanges. This pragmatic origin is perhaps the reason why Pivot Points remain one of the most useful indicators out there. To properly understand Pivot Points, we need to explore how they are calculated. Note that Pivot Points can be calculated for any time horizon. Traditionally, pivots were calculated based on daily data. However, within FX this might not be the best way to employ them. But more on this later. For now, let’s start by understanding how daily Pivot Points are calculated. The Pivot Points formula P = Central Pivot Point = (Previous Day High + Previous Day Low + Previous Day Close)/3 R1 = Central Pivot * 2 – Previous Day Low S1 = Central Pivot * 2 – Previous Day High R2 = Central Pivot – S1 + R1 S2 = Central Pivot – R1 – S1 R3 = Central Pivot – S2 + R2 S3 = Central Pivot – R2 – S2 Pivots can help you sell high and buy low If there is one principle that most traders know but tend to neglect, it’s “buy low and sell high”. However, the concepts of “high” and “low” are relative and not absolute. With Pivot Points—along with their statistical edge—we can define high and low in a very robust way. You know that the odds can be in your favour if you are a buyer at S1. If price rallies past the central pivot and reaches R1, you might want to take some risk off the table. This is because R1 is often the high for the day. The same rationale goes for S2 and R2. If price exceeds S1 and reaches S2, the odds can be tilted in your favour. Buying at S2 with a target at R1 is another solid way to exploit the statistical edge of Pivot Points. Adapting Pivots to the FX market structure One key difference in FX that throws some people off-balance is that there isn’t a centralised market open and close. In reality, three main money centres operate during a 24-hour period. What this means is that there are actually three “market opens and closes”. The Asia/Pacific session: The majority of turnover in this time zone takes place in Sydney, Tokyo, Hong Kong, and Singapore. Typically, there will be exporters and regional central banks active in this session. However, the liquidity is nowhere near as deep as it is during London or New York. As such, the price action is not usually as interesting as it is during the other sessions. The London session: This is still the most important session of the day, for geographical reasons above all else. Along with London, other European financial centres are active—Frankfurt, Geneva, and Paris. That’s why large corporate flows activity takes place during this session and contributes to the deep liquidity that London benefits from The New York session: The Forex market experiences its peak in turnover as London passes the baton onto New York. However, whereas the London session tends to be trendy, New York has much more volatility and chop. Therefore, the best trading strategies to deploy change significantly. After noon in New York, liquidity starts to dry up quickly. What’s next? Pivot Points can be a versatile technical tool to help ascertain potential supports and resistances. If nothing else, Pivot Points allow you to walk into any given session—day, week, or month—ready and prepared to react to the market’s movements. Being prepared already puts you in an advantageous position.
by BlackBull_Markets
1,2,and 3…Let it be TP/SLI want to speak about simply how to thrive in a future market. One must apply a strategy premeditated and followed through till revising once more. See the market is a dragon of chaos and as such we mortals need tools to manage it without being all banged up…Many excellent indicators exist but it’s most essential to find one that you understand and that is generally being stress tested by others as well. YouTube is a great resource and test out a few it’s actually quite fun and mostly they all win is applied correctly! Bollinger bands We you you! #MonaLisaSmile
Education
by Zyramaer
bullish BTC TREND WH@LES ON THE HORIXONMysterious Bitcoin Whale Buys $71,000,000 in Bitcoins in a Week. The third largest Bitcoin (BTC) whale in the crypto world continues to feed and make massive purchases Bitcoin. Data-tracking website BitInfoCharts says this same whale is the largest non-exchange entity in existence, acquiring a staggering 1,800 BTC in the past seven days. Bitcoin is currently trading at $39,854, adding BTC to this whale's wallet with a total of $71,737,200. The total contents of the wallet is 125,552 Bitcoin, worth approximately $4,999,829,118. The unnamed wallet has been busy with a colossal food tourism this month, including scooping 2,822 BTC for more than $117 million last week. As mentioned, the wallet shows a general trend of buying Bitcoin in the hundreds and then occasionally sending 1,500 BTC to wallets affiliated with US crypto exchange Coinbase. MicroStrategy Announces Purchase of 4,167 Bitcoins © Provided by Crypto Guide MicroStrategy Announces Purchase of 4,167 Bitcoins The whale has been very active throughout 2022 after a relatively quiet fourth quarter from last year. Popular crypto analyst Benjamin Cowen noted that the whale appears to trade BTC when it is in a certain price range, buying dips and selling local highs. Bitcoin has been slowly declining since the rally.
BITMEX:XBTLong
by cadushiman
3
ULTIMATE MACD GUIDE - ENTRY'S AND EXITS 📚The Moving Average Convergence Divergence Oscillator , otherwise known as MACD, is one of the most powerful and dynamic indicators, if you can learn to use it properly. It is easily one of my personal favorite indicators, and one that I currently use when scalping and day trading. Now before we get into how the MACD works on a technical level, let’s first go over how the MACD helps us fundamentally. We can break it’s benefits down into 4 categories - in which it allows us to measure and predict the following: The strength of a pattern The momentum of a movement The direction of a movement The duration of a movement Let’s breakdown each of those -The Strength Of A Pattern- Have you ever seen price approach the outer limits of a wedge, channel, or support / resistance and wondered, cluelessly whether or not it would actually break through or end up rejecting? The MACD allows us to predict the pressure behind a certain sentiment, and therefore predict the odds of that pattern completing successfully. (possible example) -The Momentum Of A Movement- When trading, especially day trading, it is important to have almost impeccable timing for entries and exits. The MACD allows us to see and predict current and future momentum. This is powerful, as it allows us to enter a long before the rest of the market has gone long (essentially entering a long before the market pumps.) This increases our profit/loss ratio - therefore decreasing risk and allowing for more sturdy stop losses. -The Direction Of A Movement- This one is quite obvious when looking at the MACD, but without the indicator, it can sometimes be quite difficult to even see which way the market is trending (periods of high consolidation for instance) By utilizing the MACD on multiple time frames, we can have a glimpse of where the market is headed, even if it is unknown on the smaller time frames. (the opposite is also true, when the higher time frames are in periods of high consolidation, we can take a look at the lower time frames to get an idea of where it is heading) -The Duration Of A Movement- As mentioned previously, it is extremely important as a day trader to have very accurate entries and exits. Ironically, one of the most difficult things for a novice trader to predict is an accurate exit. if you exit too early, you miss out on valuable profits and further decrease your profit to loss ratio. Yet, if you exit too late, you also lose valuable profits and decrease your P&L ratio. How do you find that sweet spot, to maximize your profits? The MACD allows us to use past history to predict the duration of the current trend, and exit when it is most necessary. -How To Apply The MACD And Gain Its Benefits- Now that we have gone over exactly what the MACD offers, it is time to learn how to use it. the MACD consists of 4 components: The signal line (slow line) The “MACD” line (fast line) The baseline The histogram (a visual, often color coded representation of both lines interacting) These four components interact with each other in a very dynamic way, and allows for very versatile, wave-like movement (one of the only of its kind.) This is incredibly useful, as the market itself works in a very similar wave-like pattern of thrusts and rest, thrusts and rest and so on. there aren’t many other indicators (if any) that display the markets ebb and flow quite like the MACD. Let's break down what each aspect does. -The Signal Line- The signal line or ‘slow line’ is calculated based on the 26-period ema. This is the standard numerical value for the MACD, but can typically be adjusted in it’s settings to your preference. The signal line is the basis for whether a trend is overbought/ oversold and whether the momentum is bullish/ bearish. -The MACD Line (fast line)- The MACD line is calculated based on the 12-period ema. When the MACD line crosses above the signal line, this is considered the very beginning of a bullish movement. Why is this the case? Well, if the average price of the past 12 candles is moving higher than the average price of the past 26 candles, we can assume that in the short term, the momentum is bullish. The opposite is also true. when the MACD line is below the signal line, this is the very beginning of a bearish movement. -The Baseline- The baseline is considered the very center of the MACD indicator. It is the line where the red and green bars of the histogram meet and where the scale on the right hand side reads zero. The purpose of the baseline is to further indicate the distance between the signal and MACD line. the higher above the baseline the MACD and signal line go, the further the distance is between the two (meaning the 12-period ema is much higher than the 26-period ema.) This is useful in showing how overbought or oversold the equity is in that particular time frame. The opposite is also true. the lower below the baseline these lines move, the further apart they are. However, in this case, the 12-ema is much lower than the 26-period ema. This indicates that the price may be oversold. -The Histogram- The histogram is the bread and butter of this entire indicator. As you become more familiar, the signal and MACD line will be very helpful in seeing the nuances of a movement and the market as a whole. As a beginner though, the histogram is your best friend. it takes all of the information mentioned previously, and compacts neatly into a color coded, numerical value system. Each bar of the histogram corresponds to the above candle. This is useful as it allows us to predict future histogram bars, and where the MACD may be headed in the future. Whenever the MACD line crosses above the signal, the histogram turns green. whenever the MACD line crosses below the signal, the histogram turns red. As the MACD approaches the signal line, the histogram weakens, and the bars grow smaller and smaller - closer and closer to the baseline. However, as the MACD line separates from the signal, the histogram bars grow larger and larger, further from the baseline. -The Culmination- All of this information can be combined, to assess the MACD on multiple time frames and make an educated decision on market direction. A trading plan using the MACD could look something like this (using SPY): -Before the market opens, check hourly MACD. wait until the hourly looks oversold, and the histogram appears to have peaked. (once the newest histogram bar is shorter than the previous, this marks the peak) -Once peaked, this indicates that momentum for the next several hours should return to the baseline (spy is oversold) -Now, you could go to lower time frames such as the 5 and 15 minute, keeping in mind that the hourly is oversold, so buying pressure should be at its heaviest now. -Use the MACD on the lower time frames to judge the smaller thrust and rest periods, buy at the rests and sell at the thrusts. Don't even get me started on how I view a chart as a collection of emotions, and how I believe the MACD displays these emotions better than any other indicator can (we'll save that for a separate post.) The MACD and its strategies/ nuances could be talked about for hours, but I hope this helped. I'll likely be doing another post, outlining more concrete examples of how to use it, so stay tuned!
COINBASE:BTCUSDEducation
by SJ_CAP
6
Kroger stock is investor's safehaven in a volatile period.Hi everyone, Today I want to raise an interesting topic of stock market sector rotations. NYSE:KR is a great example to demonstrate that. Since late November broad risk assests have been selling off. When investors see the rise in volatility and sell their tech stocks, where do they put their money? They reinvest their money into low risk assets. NYSE:KR stock recently fired off a signal for a great buy opportunity . That's because Kroger represents Consumer Defensive stock sector and money has been flowing in from all the risk assets selling. And indeed, we can see that since November 22 stock gained around 25% in price. Now it is making all time highs, while all major indexes are nowhere near their tops. As the cycle continues, money will outflow from the stock, which will cause it to retrace back. But do not forget that Kroger is an established business with decent earnings and a long history of dividend payments. It won't crash like tech stocks tend to do. Instead, it will retrace to around 40-43 level. And when the tech recovers and we reach peak of bullish euphoria once again, just buy some Kroger stock . Trade wisely and good luck! ----------------------------------------------------------------------------------------------------------------- Disclaimer!!! This is not financial advise
NYSE:KR
by AyBe_Invest
Poor Reversals GuidePoor Reversals Indicator This indicator finds Poor Reversals. Poor reversals are reversals in price with consecutive highs or lows that are close together. Look for the different types of highs and lows. Some say candle patterns don't matter, but they forget it's the orderflow that makes the pattern. Find poor, tweezer , and 1 tic rejections and study what happens next. We don't need to read the depth of market to see what the orderflow is saying. They are called poor because the auction didn't run its course. It didn't continue the direction until all activity in that direction was exhausted. Proper reversals create excess. Excess is a long tail/wick. A proper reversal leaves a long tailed excess unfilled. The different highs and lows give clues to what kind of orderflow happened there. The difference between them is which high or low happened first. Price does often come back to these areas and clears them up with a proper reversal. We can see them on all timeframes. Knowing what they mean in the orderflow helps with reading charts. The Poor Reversals are: Poor 1 Tick Rejection Tweezer When looking at 2 bars that have very close high or lows, there are a few different types. They are each poor and can be further defined as each are price action clues. If next low is higher, it's a poor low If next low is lower, it's 1 tic rejection If next low is equal, it's tweezer bottom If next high is lower, it's a poor low If next high is higher it's 1 tic rejection If next high is equal it's tweezer top Poor Highs and Lows: The high or low comes first. The next bar does not go past it. Poor highs and lows are often created from price exhaustions. This means at poor highs buyers are trapped. At poor lows sellers are trapped. Price ran out of steam to continue in that direction. There wasn't enough activity/participation to continue the auction in that direction. Poor lows are defined when 2 lows are very close, and the 1st bar is lower. The 2nd comes very close to a new low. It happens most when shorts, at the moment, "run out of steam". They were "too aggressive" and got themselves "short in the hole". When a poor low is made, price will bounce because shorts are buying to protect profits. Poor highs are defined when 2 highs are very close. The 1st bar is higher. The 2nd comes very close to a new high. It happens most when longs, at the moment, "run out of steam". They were "too aggressive" and got themselves "long in the tooth". When a poor high is made, price will pullback because longs are selling to protect profits. 1 Tick Rejections: The high or low comes last. The last bar goes just a little bit beyond the first bar. A "1 tic rejection" happens when a new low is made and quickly rejects. The name is misleading. It doesn't have to be "1 tic". Different markets have different measurements. For ES, it's less than 8 tics. For NQ, it's about 5-20 points. It varies depending on relative market volatility . 1 Tick highs are defined when 2 highs are very close, and the 1st high is lower. The second high is a small peek above. This happens when longs are aggressive and drive price up. Price makes a newer high and longs rapidly start taking profits. Their selling activity drives price lower. In the orderflow, longs likely closed at the same time new shorts sell. This competition to sell drives price lower. At the high, it says longs saw it wouldn't go higher and they took rapid exit. 1 Tick lows are defined when 2 lows are very close, and the 1st low is higher. The second low is a small peek below. This happens when shorts are aggressive and drive price down. Price makes a newer low and shorts rapidly start taking profits. Their buying activity drives price higher. In the orderflow, shorts likely closed at the same time new longs buy. This competition to buy drives price higher. At the low, it says shorts saw it wouldn't go lower and they took rapid exit. Tweezer Tops and Bottoms The highs or lows of the bars are equal. Tweezers most often mean that an aggressive trader is influencing price. They drove price in one direction and then quickly reversed sentiment. Tweezers most often happen in stop hunts. An aggressive trader found where the stops were located and then entered an aggressive order to turn the market. Tweezer Tops are defined when 2 highs are equal. The first bar sets the high. The second bar matches the high. This happens when there is an active seller entering. It could be simple profit taking from longs or new aggressive shorts. In price action, price will move up to find short stops. When the stops are found, the market reverses sharply lower. Tweezer Bottoms are defined when 2 lows are equal. The first bar sets the low. The second bar matches the low. This happens when there is an active buyer entering. It could be simple profit taking from shorts or new aggressive longs. In price action, price will move down to find long stops. When the stops are found, the market reverses sharply higher. Poor Reversals can be Poor, 1 Tick Rejections, or Tweezers. They are all considered poor and upon further investigation we can see they are created from different conditions in the orderflow. They are not called Poor Reversals because they are weak. They are called poor because of the action that happened there. One side got caught in a bad position. Other sharks in the market smelled blood and ripped them apart. This indicator is a work in process. While the concepts are great for real time trading, this indicator is not designed to be used in real time trading. It will repaint based on the bar close. The purpose of this indicator is to train our brains to see these nuances on candle charts. Some say candle patterns don't matter, but they forget it's the orderflow that makes the pattern. We must make split second decisions and knowing the context behind the orderflow reduces response time. These poor reversals don't have to retest, and the best ones won't come back. I use these concepts to find exits, where my trades might be wrong, confirmation I'm on the right side. It's amazing how these simple nuances can turn the markets. But sure enough, they do. Check them out in all time frames. It's a fun indicator to play with. Some markets do require tweaks to the “Ticks” setting. Too big and charts will be noisy. Too low and not much will show up. A general rule of thumb is more volatile markets need higher tick values while less volatile need lower Tick values. Higher timeframes are also more reliable than lower time frames. I've included some customizable settings and I plan on adding more in the future. Enjoy!
CME_MINI:ES1!Education
by CoreySurles
1
The FULL Security Guide to keep your money SAFEEmail: - Email Providers - Any reputable email provider with 2FA will do - If you want to get more into privacy and encrypting emails there is Protonmail or Preveil - You can alternatively also hook up your current email with the Thunderbird email client (use to be managed by Mozilla Firefox) it is overseen by a volunteer board of contributors. - 2FA - This is important, activating 2FA on your email is just as important as having it on exchanges. - Create an email specifically for Crypto, but also avoid using crypto keywords / personal information in the email, treat your email address like its public information. - Be on the lookout for Phishing emails, I made a post on how to identify phishing emails along with some useful tools here | How to spot a phishing email | - Quick tips for emails: - Don't trust email links - Double check the address bar of login pages - Know the levels of a domain - Check to see if your crypto sites allow a anti-phish banner that displays a code with their emails that you set. - Tracking pixels are also a thing, there not malicious in themselves, but they can potentially let attackers know if you have open an email / let them know the email exist and is active. Passwords / PINs: - Don't reuse them EVER - Use strong secure passwords, passwords managers make these easy to manage and generate passwords. - This includes your phone and 2FA app, if you have a weak pin (1234) for your phone and someone takes it, remember your 2FA app is then available (if same pin, or no pin/pass set), your email is automatically signed in (same for other accounts auto signed-in), and they can access your text messages. - Don't use words relating to crypto or personal information in your passwords (or email), if they are compromised in a breach, assume they will search for these terms to target crypto users and try the same combo against crypto sites or figure who you based on the information (email & password) and pivot to finding public information that could lead to them answering challenge questions for password resets. (Your first pet, is it posted on Facebook? How about your car? Your first girlfriend/boyfriend?) - Password Managers: These work wonders when managing passwords securely. They generate random strong passwords which can be adjusted, and its all kept in an encrypted database file, so even if a attacker gets access to it, they won't be able to access it without the password. - KeePass - BitWarden - LastPass - 1Password - Don't save passwords in your browser - Does it require verification for you to use the password? Also I tend to find extensions being more buggy as they have to interact with more 'moving' parts and changing configurations, and generally more people try to target and exploit browsers. 2 Factor Authentications (2FA): - Enable on everything possible - Use 2FA Apps instead of SMS whenever possible, SIM Swap attacks are real, and more common than you think. - 2FA Apps - Authy (Linux | Windows | macOS | Iphone | Android) - Google Authenticator (iOS | Android) - Microsoft Authenticator ( iOS | Android) - LastPass Authenticator (Browser Extension | iOS | Android | Windows Phone) -Hardware Keys - These are physical 2FA device - Backup codes: - When you activate 2FA on any account you should have the ability to generate backup codes, these are used incase you lose access to your authenticator, TREAT these like your seed phrases. Use them by logging in with your user and pass, and use these backup codes in place of the 2FA code you usually enter. - DO NOT take pictures of your QR codes, if you screenshot it, might end up syncing somewhere you don't want it to and if it ever gets compromised they have the ability to continually receive your 2FA code. - Also, DO NOT sign up for your 2FA app or any crypto service for that matter using your work or school email address. You lose access to that email, then consider all accounts gone as you won't be able to access the codes if you switch devices. Wallets - Learn the difference between the different wallets - Cold wallets will always be more secure than any hot wallets as they aren't connected to the internet - Top trusted hardware wallets: - Ledger - Trezor - Verify the details you are confirming on your hardware wallet device. the wallet app interacting with your cold wallet device could be compromised, but you would still be safe using it, as long as you verify each action on the cold wallet device, and reject the transaction if anything seems off. Seed Phrases : Treat these as they are the keys to the kingdom (Keep offline and out of your notes app) - Less Secure: - Write down on paper and either break up the phrase and place in separate secure locations or hide them like the the FBI is going to come search your house - Secure on USB - Get a file shredder (securely deletes data, and overwrites it) - Download password manager (optional) - Disconnect device from internet - Enter seed phrase into password manager / create encrypted file - Put on a freshly reformatted USB / datalocker (Worms like to spread by USB) - Save to USB, and shred the original using the file shredder software - Hide USB - Another device / old phone - Factory reset - Set Pin / Pass - Download 2FA app and password manager / file encryption tool - Disconnect from internet FOR GOOD (Treat this like a cold wallet) - Back up 2FA and seed phrases - Hide device VPNs / TOR: - Privacy vs Anonymity - Privacy is the ability to keep your data and information about yourself exclusive to you (They know who you are, but not what you do). - Anonymity is about hiding and concealing your identity, but not your actions. (They know what you do, but not who you are) - Think about what your goal is, I commonly associate privacy with VPN and anonymity with TOR - Both encrypt your data before leaving your device, then routes it through proxy servers to mask your IP/Location. VPNs you have to trust the provider (ensure they state there is a no log policy) while TOR runs through servers ran by volunteers (don't think governments don't run their own) and lets you access the dark web. Here is a more in-depth comparison on VPN vs TOR. - Personally Its worth paying the few bucks a month for a paid tier of the VPN service. - VPN Providers - Zero log VPN services: - ProtonVPN - Nord - Mullvad - TOR - Brave offers TOR, but I would treat this more like a VPN - If being anonymous is your goal the only real way to achieve this is running Tails off a USB. Browsers (Excluding TOR): - Top 3 Browsers built for privacy - Firefox - Epic - Brave (I know Brave draws criticism but I made a technical post showing how the trackers didn't show up within the metamask extension through brave compared to Google Chrome.) - Search Engine for privacy: DuckDuckGo - Extensions - One of the most dangerous threats I think that aren't taken seriously are extensions. These can start out legitimate, then through an update turn malicious. These will then be removed from the webstore, but not your browser. - Some will be removed the store due to not being supported anymore which = no more updates, and no more updates = vulnerabilities that won't be fixed - If you have Google Sync activated, these extensions will also sync to all those devices - Remove any extensions you don't need, check to see there still available on the store, and even search them to see if some security article like this pops up about it. - Check the privacy practice tab of the extension to see what data it collects. Other General Safety Tips for PC and Phone: - Harden your PC (Guide is for Windows 10, but can translate to other OS) - Update OS and any software // turn on automatic updates - Everything you download is an attack vector - Set firewall rules - Default deny, open only p855orts you need, disable rules you don't need - disable remote access - Install AV // Malwarebytes for removing malware - Turn on encryption - Setup user accounts // privileges' - Strong password - Whitelist addresses if possible (Some exchanges allow you to designate a address as 'safe' any other transactions besides those won't go through) - If you use a encrypted messaging service, I highly recommend Signal, if you haven't seen their reply regarding a subpoena you should - Lock down your social media accounts (go to security settings, turn off being able to be found via search engine, ad related settings, change who can view your posts, etc) - Don't disclose your holdings and earnings - Don't access your crypto on your work computer - Don't answer PMs about winning some contest or some amazing opportunity Phone: - Unique pin / password for the phone - download a password manager - email account purely for crypto - pin / password (different than getting into your phone) for your 2FA app. - Don't lend phone out - Avoid apps you don't need, read the 3 star reviews as they are the most honest) - Download VPN / be aware of the wifi your connecting to - Be aware of phishing - Call your service provider and see if they can lock your SIM card and prevent SIM swapping.
Education
by SoftKill21
2
Trend Key Points Guide And Best PracticesTrend Key Points indicator is a side tool for traders to specify the pivot points and key levels in trends. You can use this indicator in different ways, but I will tell you my own way. I got excellent results by going this way; I hope it will be useful for you as well. Each trend has its high and low key points that are important in the next prices. Sometimes it’s hard to find out the points with a naked eye, this indicator marks these points and draws support and resistance lines from previous critical pivot points . The indicator draws the last two support and resistances of the price by default but you can adjust it in the options. The best practice would be to include the levels drawn in the upper time frames in small timeframes. I’ll explain it with an example. Let’s say I’m trading in the 4h timeframe. Starting from the above timeframe, I specify the key levels to the target timeframe I mean 4h. Assuming that the monthly levels are important in weekly, daily, and 4h timeframes. The weekly levels are important in daily and 4h timeframes and the daily levels are important in 4h timeframe. Notice that I don't just settle for the levels drawn by the indicator, and I draw the flat and oblique trends I see myself. If the key levels do not exist or are far away from the current price in the above timeframes you can rely on an important key point near or a level you think it's important. (w1 and w2 level drawn by myself from a key point) If the level of higher timeframe overlapped the lower one, the level gains more importance. After drawing multi-timeframe levels and trend lines, I’m going back to the 4h timeframe and I am looking forward to important price movements to be made at the drawn levels. Which moves are important to me? - If a new pivot high or a new pivot low appeared in the key levels or important trendline, I expect a return from there. - If a new pivot high or a new pivot low appeared in the key level or important trendline and the volume confirmed the pivot, I expect a return from there. What I mean by volume confirm is that volume is greater than the volume itself. Volume confirmation means that the volume is bigger than the volume MA (20 in my case). - If a candlestick pattern appears at the key level, the pattern will gain more importance. I use Abnormal Pin Bar and Common Candlestick Patterns Indicators for this. Also, the indicator measures the length of each trend and calculates the average length of recent trends (15 by default). I named it movement step length (MSL). I use this info to predict the possible length of the current unfinished trend . Usually, the length of the next trend is greater than the average length of the last trend specified by the indicator. Knowing this prevents me from exiting the unfinished trend early, which is quite possible when I'm nervous and have suspicions about the position. I think the best part is that you can set an alert for the new key point crossing a price level. so you will not have to wait in front of the chart all day. I am open to any improvement. If you have an idea or a suggestion, don't forget to leave a comment. Any feedback will be appreciated 😊
Education
by bhnmzm
2
The Base & Quote Currency - What Are They?In forex the base currency is the first currency mentioned in the symbol (the first 3 letters). The quote currency is the second currency mentioned in the symbol (last 3 letters). The base currency is being given a 'quote' in the quote currency quite simply, saying that if you hold one base currency you will receive x amount of quote currency. If you take a buy trade (long) then you are effectively purchasing the base currency, expecting it to rise in value against the quote currency. Likewise if you take a sell trade (short) you are effectively selling the base currency into the quote currency, anticipating that the base currency will fall in value against the quote currency. With CFD's you don't need to own either of the currencies to trade them, as the contract makes you liable for the value of change of the forex rate based upon the contract size (lot size). The broker will calculate this value, convert the amount to your forex trading account's base currency, and issue you with the profit or loss. For example, lets say your account is in GBP and you buy one contract (1.00 lots) of EURUSD. The EUR appreciates against the USD by 10 pips, and your profit is 100 USD. The broker then converts this to GBP using the USD/GBP rate (currently 0.7040), making your profit 70.4 GBP! The broker issues this profit into your trading account.
Education
by ToniSignals
CAKEUSDT - How to find a good CAKE entryCAKE and pancakeswap are trending hard right now, its a great defi solution that's innovative and has triple A backing in Binance. The common thought for most is, how can I get in on that profit?! One way to do it is buy low, sell high! In order to buy low, you need a good entry, luckily, I think I've found one! In todays video I go over how I find potential entries for profitable trades and apply it to CAKEUSDT === TimeStamps === 0:00 = Welcome! 0:35 = Patterns 1:20 = Fibs 5:20 = Resistances 7:30 = Price path 11:00 = Entry 12:05 = Stop limit 12:30 = Take profit 14:45 = Fundamentals 15:15 = CoinMarketCap 17:30 = Tradingview ideas 18:50 = CoinMarketCal 19:20 = r/pancakeswap
Education
by tommytoan11
The Crypto Dance: Bitcoin & Alt Season Dominance Cycles GuideThe Crypto Dance: Bitcoin & Alt Season Dominance Cycles Guide Hello and happy Chinese Lunar New Year! Hope you're all doing well. I made this simple guide to show you the relationship between Bitcoin's price & dominance vs. alt season dominance. You can use this as an ongoing reference during the bull cycle this year, or even this whole decade and beyond, to learn how the cryptocurrency market typically behaves. Credit to XForceGlobal for their publication (linked below) where I got the idea & source material to make this guide. Enjoy!
CRYPTOCAP:BTC.D
by ghostass
7
📖 A Guide to RSI Divergences - By Trading-GuruIn this guide I will walk you through the three main different kind of divergences and explain to you how you can spot them. I also show you the extreme power RSI divergences have by looking at BTC/USD and mark them on the chart. It's quite special to see all these three kinds immediately after another, and it's really nice to see them all working out here as well. Obviously, no signal will not provide a 100% success guarantee. But this text-book example on the BTC price showing how they work out every time is great for both learning and profit taking. It can be very hard to trade an asset that has seen such immense growth and nearly vertical upwards momentum. Using RSI divergences you will still be able to predict price reversals and trade successfully. So let's take a closer look at the three different forms of RSI divergences that I cover here on the chart. Exaggerated Divergences Exaggerated divergences are similar to regular divergences, but are considered weaker and less predictive variations. The term exaggerated refers to a circumstance where either the oscillator or price makes an equal high or low. Regular bullish divergences and regular bearish divergences both have two exaggerated variations, so there are four exaggerated variations in total. In this case we look at a bullish version where the price is consolidating the but the RSI shows an increase in momentum. Hidden Bullish Divergences A Hidden Bullish Divergence is considered a continuation signal in an uptrend. It refers to a circumstance where an oscillator reading falls down below its previous low, while price is still higher than its previous low. Hidden bullish divergences are most likely to occur in the middle of an uptrend – often after a healthy pull back – and indicate that the uptrend will most likely continue. The starting point of a hidden bullish divergence should be a clear swing, not just a red candlestick. Regular Bearish Divergence A Regular Bearish Divergence is considered a strong reversal signal in an uptrend. It refers to a circumstance where price rises and makes a higher high, while the corresponding oscillator reading is still lower than its previous high. Bearish divergences are most likely to occur in strong uptrends and signify that upward momentum is weakening. A reversal – or at least a pull back – is then expected to follow. Regular bearish divergences also appear in exaggerated form. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
BITFINEX:BTCUSDEducation
by Trading-Guru
25
ATR Indicator - How to Avoid Getting Stopped out of TradesIn this post we can see how the stops were taken out beyond. the 26600 price level. For any setup that a noobie trader may place, the SL would be taken out at this level; However using the ATR indicator we can avoid getting stopped out and keep our trade. I recommend you watch some videos on this indicator to get a better understanding but the main jist of it is -> Take a sweep low/high of a range and add/minus the ATR value (on the sweep candle) to get more legroom for price to move (but it will miss your stop) I hope you find this useful.
Education
by faken
1
Multi Timeframe Analysis - different supply/demand levelsHello all, this lesson will be about my monthly/weekly, daily, 4h etc. supply/demands critical areas, so you can get a better idea why i use them. After you know the most basic thing about my analysis, we can start with the next baby steps in understanding price direction. This also goes for all of the structures such as closed triangles, trendlines etc. on the higher timeframes. I prefer using the term "supply and demands" since it is the correct one in economics. In other words supply and demand can be seen in every single product that is offered in a market. Sorry for my mistakes, it took me more than 15 recording in order to get this one. Thank you! Have a great trading week!
Education
by SigmaTrading
A Guide To The Fundamentals Of Support And Resistance TradingHere's my definitive guide on how to place your take profit, entry positions and stop loss orders when you are trading using support and resistance patterns. Many people have reached out to me asking to provide more details on where to place the orders exactly. In this guide I will share my experience, and show what I learned during my trading journey to be the most effective. Again, this is my personal view and the way I personally trade. If you have another view on this, I encourage you to share it in the comments. The reason all of us are on Tradingview is to learn. A trader would be quickly out of the market, if they don't continuously keep learning. Please challenge my explanation, ask questions, and share your own vision. Without further ado, here is the explanation for each of the orders: Take Profit. Many people will be looking at the resistance areas. As soon as the price comes close to this area, it will find friction and will struggle to go higher. Make sure you place your take profit limit order directly below the area of resistance, to stay ahead of the curve. This will maximize the chances of your take profit to get hit, even when the price prematurely bounces off the resistance area. Entry Position. Similarly to the logic of the take profit, you would want to place the limit buy slightly above the horizontal support. The closer you get to this zone of support, the more bulls will start to fight back and try to push the price back up again. Keep in mind, if you spot a support and resistance trade set-up, you don't necessarily have to immediately enter the trade. You can place a limit buy on the price where the pattern you spot would be validated. Stop Loss. Everything about a trade goes along with the assumption that the pattern you found is true. You should use a stop loss to make sure you exit the trade immediately after your pattern gets invalidated. For a support and resistance set up, this translates to the price breaking through the support. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only! About the links below: 20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more. Further reading on BTC:
Education
by Trading-Guru
6