Keywords for beginnersHello, dear TradingView members.
This idea is dedicated to our new traders who might need a few introductions.
This is the first part of the 'Keywords for beginners' idea. The next part will be published tomorrow.
If you're around in trading platforms like TradingView, you will see some keywords used by analyzers and publishers, which you might not know what exactly they mean in the context of the trading market.
In this post, we will cover the first 11 keywords.
1. Cryptocurrency: Digital assets people use for investments, trades, and purchases. Like Bitcoin, Ethereum and Cardano.
2. Forex (FX): Short for Foreign Exchange. The trading of one currency for another.
For example, you can trade Euros for Dollars.
3. Stock: The goods, merchandise, or properties kept on the assumptions of a business, available for sale or distribution.
For example, the stock of Apple, Meta, Google, Netflix, and Tesla.
4. Indices: The plural form for Index. Index trading is also a type of trading of a group of stocks that make up the Index.
Like S&P 500, Dow Jones Industrial Average, and NASDAQ Composite.
5. Futures: Futures are a type of derivative contract to buy or sell a specific item or asset like Bitcoin at a set future date for a fixed price.
You can either set it as the price is going up or down.
6. Spot: The traditional buy and sell or invest in any asset.
You can invest in a specific stock or Bitcoin, and you can sell it when you decide to.
7. Demand Zone: A demand zone is the price area traders decide to buy.
That area is where the buy volumes go higher, which is one factor that pushes the value up.
8. Supply Zone: A supply zone is the price area traders decide to sell.
That area is where the sell volumes go higher, which is one factor that pushes down value.
9. Indicator: Indicators are tools based on calculations that help traders understand the prices, volumes, trends, and timeframes.
For example, the RSI, Bollinger Bands, and Fibonacci Retracements, are known trading indicators.
You can find and use these indicators on the upper side of your TradingView charts.
10. Take-Profit (TP): Stands for Take-Profit Order. It's a limit order that defines the price to close out an open position for a profit.
They are also known as Targets.
11. Stop-Loss (SL): Stands for Stop-Loss Order. It's a limit order that defines the price to close out an open position to stop your assets
from more losses or liquidations. You can control your positions with this order and protect them from sudden market crashes.
Are there any keywords you would like to know about? Let me know.
Thank you, and good luck.
INDES
Soybeans - Short IdeaLove me some Soy.
I see the short, price has rolled over, price did pop really strongly, I would not have longed, the technical picture has advanced and I see the doji on the weekly chart.
The short 2:1 can be tucked in here on the retest of that support area. Let's see what we get here.
Remember, break even is still a good trade.
1% risked.
-Happy Trading!
ES short is valid againMy original idea of ES going down to support area again valid. So if price below 4h time frame below yellow line I take entry with good risk and reward. Very much room to fall with out much support and what support there be is already touched. This weakens support (though some argue strengthen it I do not go by this assumption). See my initial idea on this trade.
INDES As you can see, technically the company stays buy point of the graph and targets approximately 20 TL in the daily graph. On the other hand, a financial statement tells us this company very suitable to invest in. If you analyze financial analysis carefully you can see the return of equity rate equal about %35.