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Moneymanagement

✍️WEEKLY QUOTE: EXECUTE DO NOT PREDICT✍️..Why would you break your money management rules by trading too large a position relative to your equity or emotional tolerance to sustain a loss, if you weren't positive that you had a sure thing? If you really believed in a random distribution between wins and losses, could you ever feel betrayed by the market? If you flipped a coin and guessed right, you wouldn't necessarily expect to be right on the next flip simply because you were right on the last. There is always a point at which the odds of success are greatly diminished in relation to the profit potential. At that point, it's not worth spending any more money to find out if the trade is going to work. If the market reaches that point, I know without any doubt, hesitation, or internal conflict that I will exit the trade. The loss doesn't create any emotional damage, because I don't interpret the experience negatively. To me, losses are simply the cost of doing business or the amount of money I need to spend to make myself available for the winning trades. If, on the other hand, the trade turns out to be a winner, in most cases I know for sure at what point I am going to take my profits. (If I don't know for sure, I certainly have a very good idea.) The best traders are in the "now moment" because there's no stress. There's no stress because there's nothing at risk other than the amount of money they are willing to spend on a trade. They are not trying to be right or trying to avoid being wrong; neither are they trying to prove anything. If and when the market tells them that their edges aren't working or that it's time to take profits, their minds do nothing to block this information. They completely accept what the market is offering them, and they wait for the next edge. As traders, we can't afford to indulge ourselves in any form of "I know what to expect from the market." We can "know" exactly what an edge looks, sounds, or feels like, and we can "know" exactly how much we need to risk to find out if that edge is going to work. We can "know" that we have a specific plan as to how we are going to take profits if a trade works. But that's it! If what we think we know starts expanding to what the market is going to do, we're in trouble. And all that's required to put us into a negatively charged, "I know what to expect from the market" state of mind is for any belief, memory, or attitude to cause us to interpret the up and down tics or any market information as anything but an opportunity to do something on our own behalf.
BITSTAMP:BTCUSD
by Yelli_trades
28
GOLD & US10YFundamental: 10/17/2022 | 06:28 The price of gold rose on Monday after falling more than 1% in the previous session as a pause in the dollar's rally eased pressure on green-priced bullion, although looming U.S. rate hikes have limited additional earnings. The Dollar Index remained stable, while benchmark 10-year US Treasury yields eased away from the 14-year high hit last week. "Gold has rallied slightly from Friday's low, but buyers are lacking conviction, which looks more like a technical repositioning," said City Index analyst Matt Simpson. “The US Dollar and yields will be a key driver for gold, and if they continue to rise, then a move and test of $1600 is likely only a matter of time.” Consumer sentiment improved further in October, but inflation expectations deteriorated a bit, keeping expectations of another 75 basis point rate hike intact. Gold is very sensitive to rising US rates, which increases the opportunity cost of holding non-performing gold. Holdings of SPDR Gold Trust, the largest gold-backed exchange-traded fund, fell 3.18 tonnes on Friday, their biggest one-day outflow since September 26. US retail sales held steady in September, against all expectations. Gold is very sensitive to rising US rates, which increases the opportunity cost of holding non-performing gold. Holdings of SPDR Gold Trust, the largest gold-backed exchange-traded fund, fell 3.18 tonnes on Friday, their biggest one-day outflow since September 26. Australian stocks fall on recession fears and lower commodity prices. 10/17/2022 | 08:40 Australian stocks fell during Monday's session amid recession fears and falling oil and metal prices. Gold prices gave up their gains as the US dollar remained resilient. Technical: Temporisation area between 0.32 and 0.23 Fib and large sales volume over 1665.0$. Decreasing ADX and under 25.0 (16.30) + Bearish divergence on Momentum + Stochastic over 80.0 (overbought asset) + MMA50 tending to cross MMA 20. There's a positive correlation between BOND PRICE and GOLD PRICE (safe-haven assets) but a negative correlation between BOND YIELD and GOLD PRICE because of opportunity costs. US10Y is reaching the 3.957% point which could lead to a rebound on the resistance resulting on the increase of the price targeting (at least) the 4.000 %. Money management : 1 position BUY on US10Y 1 position SHORT on GOLD
CAPITALCOM:GOLD
by thefrenchsniper
S&P 500 & US10YFundamental : 10/21/2022 | 19:24 US equities surged mid-day on speculation about the extent of monetary policy tightening (thus media speculation about the path of interest rates after November). Treasury (bond markets) yields fell following a Wall Street Journal report that some Federal Reserve officials are no longer comfortable with the pace of interest rate hikes. The Fed has raised its target funds rate by 300 basis points since it began tightening policy this year. The probability of the Fed raising rates in November by 75 basis points is over 92%, according to the CME's FedWatch tool. “Hope that the Fed can temper or take their foot off the accelerator slightly helps the market,” said Andre Bakhos, managing member at Ingenium Analytics. The US Dollar Index depreciated 0.8% to 112. The greenback weakened 2% against the Japanese yen to 147.27, falling from its highest level in about three decades. 10/21/2022 | 22:50 The S&P 500 index is up 4.7% weekly as positive third-quarter results drive strong gains, particularly in the energy, technology and materials sectors. This week's advance was driven by quarterly earnings that beat analysts' average estimates. Even as companies report challenges such as inflation and supply chain issues, many show they have still managed to beat street consensus estimates. That contributed to a relief rally after stocks fell in the weeks leading up to the results on worries about the impact of macro issues including inflation. All 11 sectors of the S&P 500 rose this week, led by an 8.1% jump for energy, 6.5% for technology and 6.1% for materials. Other strong gains included consumer discretionary, up 5.6%, and communication services, up 5%. The smallest increase was recorded by utilities, up 1.9%. 10/21/2022 | 22:50 Wall Street ends higher driven by hopes of a slowdown in monetary tightening. Some Fed officials have signaled their willingness to debate whether and how to signal a plan for a smaller rate hike in December, according to the WSJ. San Francisco Regional Fed Chair Mary Daly said the Fed should avoid pushing the US economy into an "unprovoked downturn" by tightening monetary policy too much. Stocks rise on Friday as the media report fuels optimism that the Fed's stance is easing. Technics: Range and MMA20/MMA50 broken on the rise this Friday 21st by 4 candlesticks (on a 4H vision) then rebound at the $3820.0 level. The Average Directional Index is below 25 which indicates a slide in the price of the asset in the short term (ADX based on a MA of a 14-day range), but is in the process of increasing. Bearish short-term momentum pointing to an upcoming temporization zone, an idea reinforced by a Stochastic indicator above 80 (indicating an overbought zone). In addition, there is high Volume at levels below the new support line ($3730.0), although this volume is mostly representative of the buying force. Money management: 1 position BUY on US10Y 1 position BUY on S&P 500
CME_MINI:ES1!
by thefrenchsniper
QNT//USDT Simple rules of risk management and trading strategiesCoin in the Coinmarket: Quant This coin is for work as an example no more, now there are many similar ones with similar trading situations. On the chart showed the trend, the figures that are formed, the support / resistance levels. The figures show the potential entry points in case of a breakthrough or holding the support/resistance zones depending on your trading strategy. I cannot know how you trade or what strategy you use. You have to adapt my information to your trading strategy and first of all to your risk management. Some simple tips for your work: 1) I advise you not to be like everyone else and not to expect super target. The target must be adequate. The smaller you set target, the more you will earn at a distance. When the price of a coin is rising through most of the volume, it is advisable to work locally up to +80%, so you will always have money to re-buy from the profits. 2) Complex % (using volatility) does its job. It can be used (the principle) not only on one coin (accumulation), but also on several coins without paying attention to the name of the coin (to accumulate profits from coin to coin). They should not be very many. 3) Remember—the level is not a line, but a zone. It is rational to work with a grid of orders. 4) If possible, protect your profits with a trivial stop loss. But do not place it too close to the main intraday volatility zone. 5) Do not work with a large number of coins, there is no need, they are all the same. Their rise in price depends primarily on the general situation on the market and in the world. 6) Take into account the phases of the market, including local character. Creators of individual crypto-funds will not raise the price against the general trend if people are afraid to buy at that time. Playing against the trend is more the exception to the rule. There is a time to buy, a time to sell, and a time to watch. The third phase should take you the longest. Most people are only in phase one, regardless of the overall trend. Don't be like that… 7) Trade with your thought-out algorithms (trading strategy + risk management + experience), not with emotions. Those who lose money in the market—trade with emotions and ill-considered fantasies – desires. The basis of your profit is your trading strategy and compliance with risk management based on your experience Recommendations for trading strategies: 1) If you work in shorts, be sure to put stops and use adequate minimum leverage. Margin trading is a nightmare for an inexperienced and very greedy market participant. 2) When working in the spot on medium liquid coins, it is more rational to wait for a breakthrough in the downtrend and on the pullback after the momentum with a significant (important) buyer volume to enter the market. It's better to buy a bit more expensive, but with more confidence that the trend has changed. But, it is not a panacea, can after a breakthrough and holding the price a certain time—the continuation of the downtrend. Options for solving the problem: a) stop loss. b) Money cushion. c) The first and second options in place. 3) If you really want to buy some crypto-coin before the break of a trend (you are afraid of not having enough time or you "know the exact future”), then don't buy with all the amount allocated to this coin. The first purchase (especially before a trend break) should not have a big % of the main planned volume. a) If the price goes against your initial purchase and decreases—work martingale from the specified levels (in addition to the position) to average the average purchase. b) If the price rises strongly by impulse, and you bought a small planned amount, then there are two options in this case: 1) Wait for a pullback and on the pullback to finish (but still not for the whole amount, you should have at least 20-30% cache at any pumping). 2) the second option, if the price has strongly increased and there is no substantial rollback—work with the volume, that is, and the rest of the money allocated to similar coins, which have not had time to grow in price.
Education
by SpartaBTC
17
JPY RIP?Last week was particularly rare week for the USDIndex. On Friday, the DXY gained 1.5% in the best 24hrs since march 2020. The probability of such event occurring was 0.01%. The USD has clearly been on an impressive winning streak as of late, is there more growth to be had? The Bank of Japan was lackluster as expected , but the ministry of finance surprise intervention caught FX Markets off guard, sparking a huge turnaround in the JPY. The efforts of the ministry of finance efforts are unlikely to produce a lasting reversal in the Yen, so long as the BOJ's QQE with Yield curve control policy remains in place. While the BOJ's interest rate decision went & came with out much kerfuffle, It was Japans Ministry of Finance that sparked a rally in the JPY. GBP/JPY fell by -4.73% while EUR/JPY fell by -2.94%, AUD/JPY & NZD/JPY rates suffered as well, falling by -2.49% & -3.85% .The standout pair was the USD/JPY, buffered by the FED, adding 0.28%. Intervening in FX Markets to support the Yen for the first time since 1998, the ministry of finance helped the JPY crosses their best weekly overall performance since the end of February . Now that the ministry its willingness to step into the market, the next question is has the weakness in the Yen come to an end? The answer is likely not , the ministry of finance's efforts are clear sign that the bank of Japan wont be relenting anytime soon. With all the other central banks hiking rates to combat inflation wile the BOJ continues to pursue QQE with yield curve control policy, the interest rate gap between the Yen & other major currencies will persist. I most definitely see USDJPY heading towards 150.000 , A +4.47% ( 642.4 pips) from markets current position.
Long
by xavierNF
🌐What Is the U.S. Dollar Index❓ ✅Why Be Interested? The strong dollar has been getting a lot of attention lately. Some U.S. companies are blaming the strong U.S. dollar for lackluster earnings, while economists say it's helping the Federal Reserve’s ongoing fight against high inflation. But how do you know when the dollar is strong or weak? That’s the job of the U.S. Dollar Index (DXY) ☑️What Is the U.S. Dollar Index? The U.S. Dollar Index is a market index benchmark used to measure the value of the U.S. dollar relative to other widely-traded international currencies. The Federal Reserve established the dollar index in 1973 to track the value of the U.S. dollar. Two years earlier, President Richard Nixon had abandoned the gold standard, which allowed the value of the dollar to float freely in foreign exchange (forex) markets. Since 1985, the dollar index has been calculated and maintained by Intercontinental Exchange (ICE). ☑️The Dollar Index History and Makeup The formula for calculating the value of the U.S. Dollar Index includes the dollar’s relative value compared to a basket of foreign currencies. Initially, it included the Japanese yen, British pound, Canadian dollar, Swedish krona, Swiss franc, West German mark, French franc, Italian lira, Dutch guilder, and Belgian franc. Following the creation of the euro in 1999, the number of currencies was reduced and the formula for the dollar index was adjusted. Today, the basket includes just six currencies: the euro (EUR), Japanese yen (JPY), British pound (GBP), Canadian dollar (CAD), Swedish krona (SEK) and Swiss franc (CHF). ✅How Is the U.S. Dollar Index Used? The USDX allows traders and investors to monitor the purchasing power of the U.S. dollar relative to the six currencies included into the index's basket. Investors also use the dollar index as a litmus test for U.S. economic performance, particularly when it comes to imports and exports. The more goods the U.S. exports, the more international demand there is for U.S. dollars to purchase those goods. When demand for the dollar is high, USDX rises. ☑️Dollar Index Shortcomings: The weightings of the currencies used to calculate the index were based on the United States’ biggest trading partners in the 1970s. As a result, its calculation doesn't include emerging market currencies, like the Mexican Peso (MXN) or commodity currencies. It also doesn't include China’s renminbi (CNY), even though China is now the largest U.S. trading partner by a wide margin. Therefore, the index may be less useful as an economic measure than in previous decades. ✅What Makes the U.S. Dollar Strong? A combination of higher inflation, the Fed's aggressive tightening campaign and a global search for yield have all contributed to the strong dollar. A strong dollar means other global currencies have been relatively weak, which exacerbates inflationary pressures and financial market volatility. 📍In Conclusion: The Dollar Index can be used as a gauge of the Dollar strength or weakness, and it’s futures can be used to profit form Dollar moves without betting on any individual Dollar currency pair which provides diversification. However, the Index is somewhat outdated which needs to be accounted for when using it. Your Like and Comment are the best Thank You😊
Education
by ProSignalsFx
4
💸 AUD/CAD Breakout time 💸💸 In today's analysis we look at an interesting opportunity on the aud/cad pair. 💸 Since the beginning of today's session, we can see the strength of the Austarlisian dollar against the Canadian dollar. 💸 Most of the technical analysis indicators signal the possibility of a breakout and divergence from the previous moment when we were at the same price level. 💸 I sense a breakout from the double bottom 💸Risk/Reward ratio: 4.52 (excellent) 💸 If you like the post? Follow the profile!
Long
by InvestMate
2
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD - According to the analysis we gave the previous day, the AUDUSD DOWN SIDE WAVE has been DOWN about 60++ PIPS. We hope you get it anyway. It is still moving DOWN SIDE as we have given. - Currently the MARKET SENTIMENT for AUD is on the DOWN SIDE. There is currently a DOWNSIDE BIAS for AUDUSD due to RISK OFF. The main reason for that is because of MARKET RISK OFF, STOCKS and COMMODITIES MARKETS are currently going down a bit. It is heavily influenced by the Australian dollar. - It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go down to 0.6364 LEVEL. And after that, AUDUSD can be BUY to the 0.6766 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. For that, the MARKET STRUCTURE should be BREAKED..
by benny_marshall
CADJPY Potential Selling Opportunity!Hello Traders, In this week's trading session we will be monitoring CADJPY for a Sell opportunity in and around 108.15 trend break area. Once we get a bearish confirmation the trade will be executed and shared with our premium members . - RISK DISCLOSURE TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
Short
by BiggainLTD
My idea for Bitcoin by Christmashello every one *_* In markets like cryptocurrency, news is the biggest element for market formation. Considering elements such as: Future news Signals generated by the team's search engine Patterns and capital management We can expect this behavior from the Bitcoin chart I hope that if you like this idea, you will do the necessary research before entering the trades If you want to know how we manage capital See the previous idea that I posted This idea is to identify the trend We enter in the lower time frame in the direction of the trend of the generated signals good luck
by mahababaji203