Unlock Market Targets with Fibonacci: Precise Entries & Exits Hey there! In this video, I’ll walk you through how I use the 50% and 100% Fibonacci levels to get a clear sense of where the market might move next. It’s a simple, no-fuss approach that helps me trade with more confidence—without cluttering my charts with tons of indicators.
The projection marks where a move might wrap up—perfect for deciding when to exit or take profits. Whether you’re into forex, crypto, or stocks, this strategy can keep things simple and effective.
If you found this helpful, feel free to like, boost, comment, or follow—I’d love to know your thoughts and hear how this method works for you!
Mindbloome Trading
Trade What You See
Trend Analysis
TRIANGLE PATTERNS 101The triangle pattern is one of the most common yet least reliable formations in trading. It occurs during periods of price consolidation or reversals, representing a narrowing trading range defined by two converging trend lines. For a trendline to be established, at least two touches are required.
Consequently, a complete triangle typically consists of a minimum of four touches—two for each trendline. However, in practice, triangles tend to be more reliable when there are three or more touches on each line. In essence, the greater the number of touches, the stronger the lines become. The more frequently the price interacts with these lines, the higher the likelihood that they will serve as significant support and resistance zones, thereby resulting in a more powerful breakout.
There are two main types of triangles: symmetrical and ascending/descending. Let's explore both of these patterns in more detail.
📍 Symmetrical Triangles
A symmetrical triangle is formed by two or more trends combined with price movements, characterized by each successive high being lower and each low being higher than the previous ones. Unlike an extension, where trend lines diverge, the lines connecting the peaks and troughs in a symmetrical triangle converge.
These triangular patterns are often referred to as “springs” because, as they develop, price fluctuations tend to calm down and trading volumes decrease. When the triangle is finally broken, the price can shoot out sharply—much like a tightly compressed spring releasing its tension. This breakdown occurs as the price breaks through the triangle with increased momentum.
The essence of the symmetrical triangle lies in its ability to balance the interests of buyers and sellers during its formation. When a breakout occurs, trading volume typically surges, signaling that one side has gained the upper hand in terms of price direction.
While most patterns provide fairly clear indicators of potential breakout directions, the symmetrical triangle encourages a bit of speculation. The prevailing trend remains dominant until it is definitively proven otherwise, leading to the assumption that the breakout will likely align with the main trend.
Hints of a reversal — a breakout in the opposite direction might emerge if the price moves too far in either direction. Additionally, it's prudent to observe other assets; if they are breaking in a new direction, it could signal a potential shift. Generally, a reversal is more probable if the symmetrical triangle forms after a strong trend and remains intact for an extended period. However, in the absence of these signs, the default assumption should be that the primary trend will continue.
📍 The Psychology Behind Triangles in Trading
A triangle formation in trading represents an escalating battle between buyers and sellers. It begins with a strong price movement on the left side of the pattern, reflecting volatility and uncertainty in both camps. As the price climbs to the apex of the triangle, buyers initially lose their enthusiasm while sellers start to take action. Subsequently, the price retracts, attracting those who missed out on the earlier surge and are determined to capitalize on this opportunity.
At this juncture, sellers grow weary, and the price begins to rise again, though not as dramatically. This moderate increase confuses buyers once more. Potential sellers, who may have regretted their missed opportunity to sell at higher prices, begin to set aside their greed and are willing to sell at lower levels. Ultimately, the price falls once again, bringing in new buyers.
However, with each cycle, the number of participants dwindles, leading to increasingly subdued price reactions. The initial excitement fades, and market participants become more cautious, waiting for stability and a normal balance to be established. As the triangle progresses, the boundaries between buyers and sellers draw closer, as neither side can assert its dominance.
Typically, when the price stalls at the top of the triangle, even a slight imbalance in supply and demand can trigger a significant price movement. In summary:
The more touchpoints there are within a triangle, the more substantial the price movement is likely to be after a breakout.
A strong indicator of breakout strength is the contrast between decreased volume during the triangle's compression and a sudden surge in volume upon breakout. The greater this difference, the more decisive the outcome and the stronger the trading signal.
📍 Identify The Price Target For The Triangle Breakout
To identify where the price might move after a triangle breakout, there is a traditional method you can use. First, draw a line parallel to the upper trendline, starting from the base of the triangle. This reference line will help identify the target zone the price is expected to reach, providing insight into potential future movements.
When analyzing a symmetrical triangle, the same approach applies. You can also apply this method at the lower trend line of the formation. This technique is versatile and can be useful in various consolidation patterns as well.
In the second example, you would measure the distance between the peak of the triangle and the subsequent low. This distance can then be projected from the breakout point to estimate the price's likely direction and target. By using these methods, we can gain a clearer understanding of potential price movements following a triangle breakout.
📍 Turning a Symmetrical Triangle into a Head and Shoulders Pattern
Triangles, particularly symmetrical triangles, are often viewed as less reliable price patterns in technical analysis. This is primarily due to their tendency to evolve into different formations entirely, making them challenging to interpret. For instance, what starts as a symmetrical triangle can eventually transform into a head and shoulders pattern, which may lead to a misleading breakout that doesn’t accurately predict subsequent price movements.
In a scenario where a triangle breakout appears promising, the price may undergo another movement that creates the contours of a sloping head and shoulders pattern. This transformation represents a significant shift in market sentiment and can lead to false expectations regarding future price behavior. Therefore, traders must be cautious and aware of this possibility, as it highlights the unpredictable nature of triangle patterns.
To mitigate the risk of being caught off guard by such deceptive formations, it's beneficial to apply a filtering technique. Focus on patterns where the price has interacted with the trendlines—either support or resistance—two or more times. More touches or approaches reinforce the validity of the trendlines, lending them greater significance as points of support or resistance. Consequently, when a breakout occurs from a well-established triangle, it is more likely to be strong and reliable.
📍 Ascending and Descending Triangles
A symmetrical triangle alone does not indicate the direction of a potential breakout, whereas an ascending or descending triangle does, due to the presence of sloping support and resistance lines.
As is the case with most patterns, a breakout from a triangle is typically followed by a pullback. If you missed the initial breakout, this pullback often presents a second opportunity to enter the trade, usually under calmer market conditions. If a pullback trendline can be identified, it enhances the breakout line as a favorable entry zone, reinforcing the validity of the breakout that has already occurred.
📍 Transforming Ascending and Descending Triangles into Rectangles
One challenge with these patterns is that many rectangles can initially appear similar to ascending and descending triangles. Consequently, it's important to exercise caution when analyzing these formations.
📍 When Ascending and Descending Triangles Fail
We’ve already observed that ascending and descending triangles can sometimes evolve into rectangles. Typically, there are two scenarios where this failure can occur.
The first scenario arises when the price breaks above the horizontal trendline, only to subsequently return and fall back through it. In the case of a false upward breakout, a closely situated false peak forms, allowing us to place a tight stop just below the trendline.
The second situation occurs when a descending triangle fails due to the breaking of the rising or falling trendline before the horizontal trendline is broken.
Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
Fibonacci Retracements: Finding Key Levels the Easy WayIn this video, I’ll walk you through how I use Fibonacci retracements to spot those key pullback levels where price might bounce and keep trending. It all comes from an old-school math genius named Leonardo of Pisa (aka Fibonacci), but don’t worry – no crazy math here, just practical trading tools.
The main levels I focus on? 38.2%, 50%, and 61.8%. IF price holds at one of these levels, THEN it’s a good sign the trend could keep going. IF NOT, THEN I stay ready for a deeper pullback. Using this tool helps me stay ahead and manage trades with more confidence.
Your Turn:
Here’s a fun exercise – draw Fibonacci retracements on different timeframes, from the weekly all the way down to the 5-minute chart. Check how the levels overlap or line up. Those overlaps, or confluences, are where some of the best trades happen!
If this clicks with you, hit like, drop a comment, or follow – I’ll keep sharing more tips to help you crush the markets!
Mindbloome Trading
Trade What You See
The Low Hanging Fruit Stacey Burke setup, with Silver R4,5 shortIn this video, I walk you through my entire thought process during today's trading session. You'll learn how I selected the pairs and executed three key trades:
Silver 3 Sessions of Rise Reversal short
DJ30 Low Hanging Fruit Continuation short
I'll also provide a detailed explanation of the Low Hanging Fruit setup, helping you understand how to apply this strategy in your own trading. Low Hanging Fruit is a key best trade setup of Stacey Burke. Don't miss out on these valuable insights and tips!
For details on the Stacey Burke style trading approach see his site and playbook: https://stacey-burke-trading.thinkifi...
How to Trade with the Ultimate OscillatorHow to Trade with the Ultimate Oscillator
While there are many indicators out there, few incorporate multiple timeframes. The Ultimate Oscillator, with its multi-timeframe approach, is an effective tool for spotting divergences. In this article, we will break down how this indicator works, what signals it produces, and how it compares to other well-known oscillators.
What Is the Ultimate Oscillator?
The Ultimate Oscillator is a technical indicator invented by Larry Williams in 1976. It's designed to incorporate price action over three different timeframes – short-term (7-period), intermediate-term (14-period), and long-term (28-period) – to avoid the common pitfalls of a single timeframe strategy.
Rather than following the more conventional method of focusing solely on closing prices or the period's high and low, it uniquely incorporates buying pressure into its calculation. Buying pressure is essentially the difference between the close and the low of the period or the difference between the close of the previous period and the close of the current period, whichever is lower.
Like other oscillators, the Ultimate Oscillator has overbought and oversold levels. However, the main strength of this tool lies in identifying divergences between price and oscillator, which might suggest a potential trend reversal. Traders often prefer the Ultimate Oscillator for cryptocurrency*, stock, and forex trading, given its effective insights.
Using the Ultimate Oscillator in Technical Analysis
Using the Ultimate Oscillator indicator involves understanding and interpreting the values it generates. The tool provides signals for potential price reversals based on divergence and the crossing of certain thresholds.
Overbought and Oversold Levels
The Ultimate Oscillator moves up and down between 0 and 100. When its value surpasses 70, it indicates overbought conditions, suggesting an impending price drop. Conversely, levels below 30 point to oversold conditions, hinting at an imminent price rise. However, in strongly trending markets, these levels may remain overbought or oversold for extended periods, so it's important not to rely solely on these thresholds for trading decisions.
Also, traders use the 50 point to open buy and sell trades. When the Oscillator breaks above 50, it’s considered an opportunity to go long. Conversely, a break below 50 is considered an opportunity to go short. However, it’s vital to combine this signal with other technical analysis tools.
Bullish and Bearish Divergences
The real strength of this tool lies in spotting divergences. Divergences occur when the price of an asset is moving in the opposite direction of the oscillator.
A bullish divergence occurs when the price makes new lows, but the indicator fails to reach new lows. The divergence might be an indication that the downward momentum is losing strength, and a bullish reversal may be near.
A bearish divergence, on the other hand, happens when the price makes new highs, but the indicator fails to reach new highs. This can signal that the upward momentum is waning, and a bearish reversal may be on the horizon.
In both cases, traders often wait for a confirmation of the divergence before acting. This could be a subsequent move of the oscillator in the direction of the divergence or a break of a trendline/moving average.
Comparing the Ultimate Oscillator and Other Indicators
Comparing the Ultimate Oscillator with other popular technical indicators reveals specific distinguishing characteristics.
Ultimate Oscillator vs Stochastic Oscillator
The Stochastic Oscillator focuses on the position of the closing price compared to the range of high-low prices over a specified period. While it relies only on this single measure, the Ultimate Oscillator broadens its perspective by incorporating buying pressure and taking into account three separate timeframes.
Ultimate Oscillator vs RSI
The Relative Strength Index (RSI) measures momentum by comparing the magnitude of recent gains to recent losses. Its calculations are based on a single timeframe, making it potentially more prone to false signals during volatile price movements. The Ultimate Oscillator's multiple timeframe structure helps to reduce the incidence of such false signals.
Awesome Oscillator vs Ultimate Oscillator
Developed by Bill Williams, the Awesome Oscillator determines market momentum by calculating the difference between simple moving averages with a period of 34 and 5. Its focus is mainly on confirming current trends or anticipating potential reversals. In contrast, the Ultimate Oscillator uses the concept of buying pressure and multiple timeframes to identify divergences and anticipate reversals.
The Bottom Line
The Ultimate Oscillator, with its distinctive three timeframe approach and incorporation of buying pressure, offers a unique perspective in technical analysis. While its complexity may be challenging for traders with little experience, its ability to identify potential divergences effectively makes it a powerful tool. Ready to put your Ultimate Oscillator knowledge into action? You can open an FXOpen account to start using it in over 600+ markets. Good luck!
*At FXOpen UK, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules. They are not available for trading by Retail clients.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
BTC! To be or not to be ?In this chart if you look closely you will see just a pump with no fundamental rationale!
I have done my research and if my birdies are right Black Rock has gotten the SEC clearance for the BTC Fund but they have not started the drive.
Just a thinking point for you. Blackrock is the biggest asset manager out there in the known universe. So do you think Larry Fink will buy BTC at these prices?
He will drive it down and accumulate. You all have brains you do the maths and determine the median!! I have given you my viewpoint!
Getting Started with Forex Prop Trading: Intro Guide🔸Forex prop trading (short for foreign exchange proprietary trading) refers to a trading model where traders use capital provided by a proprietary trading firm to trade in the Forex (foreign exchange) market. Unlike traditional retail trading, where traders use their own funds, prop traders operate with the firm's capital, typically after passing a series of evaluations to prove their trading skills and risk management abilities. In return, the firm takes a percentage of the profits generated by the trader.
🆕 Here’s a more detailed look at how forex prop trading works and why it's appealing:
🔸 Access to Capital
Prop firms offer substantial capital to skilled traders, allowing them to trade with much larger account sizes than they might be able to on their own. For example, a trader might be funded with anywhere from $10,000 to $1,000,000 or more, depending on their experience and the firm's offerings.
🔸 Evaluation Process
Most prop firms require traders to pass an evaluation or assessment phase before providing access to live capital. This involves trading on a demo account and meeting specific performance metrics like profit targets, drawdown limits, and risk management rules. If the trader successfully passes this phase, they are then given access to a live account with the firm's capital.
🔸 Profit Sharing
Once a trader is funded, they enter into a profit-sharing agreement with the firm. Typically, the trader receives a percentage of the profits, often around 70-90%, while the firm keeps the rest as compensation for providing the capital and infrastructure. For example, if a trader makes $10,000 in profits and their profit split is 80/20, they would keep $8,000 while the firm takes $2,000.
🔸 Risk Management
Prop firms are very strict about risk management because they are providing their own capital. They impose limits on the maximum drawdown (the amount a trader can lose), daily loss limits, and leverage. If these rules are violated, traders risk losing their funded status.
🔸 Advantages for Traders
Low Financial Risk: Traders do not need to risk their own capital, reducing personal financial exposure.
No Pressure to Invest Large Sums: With access to firm capital, traders don’t need to save up large amounts to trade at higher levels.
Support and Resources: Many prop firms provide educational resources, trading platforms, and tools to help their traders succeed.
🔸Types of Prop Firms
Prop firms can generally be categorized into two types:
🔸Traditional Prop Firms: These firms often require traders to work in-office and provide access to a wide range of markets beyond Forex, including stocks, commodities, and derivatives. Online Prop Firms: The more popular model today, these firms operate remotely, allowing traders from around the world to participate.
🔸 Fees
Most prop firms charge traders an initial fee to cover the evaluation process. This fee can range from a few hundred to a couple of thousand dollars, depending on the account size. In many cases, this fee is refundable if the trader successfully completes the evaluation.
🔸 Challenges
Strict Rules: If traders fail to adhere to the firm's rules (such as daily loss limits or maximum drawdown), they can lose their funded account.
Pressure to Perform: Trading with someone else’s capital can create pressure, which can affect trading decisions and lead to mistakes if not handled well.
🔸Bot Algo Trading in Forex
Algorithmic trading (algo trading) involves using pre-programmed instructions (algorithms) that can automatically execute trades in the Forex market based on specific conditions. These conditions can be price, volume, time, or other market indicators. Algo trading has become increasingly popular in the Forex market due to its ability to:
▪️Execute trades at high speed without the need for human intervention.
▪️Remove emotional biases, which can often lead to poor decision-making in trading.
▪️Test and optimize strategies through backtesting on historical data to ensure effectiveness.
▪️Implement complex strategies that would be difficult for a human to execute manually.
🔸what is a Bot Algo Expert?
A bot algo expert is typically a professional who specializes in developing and optimizing trading algorithms (bots) for Forex markets. They possess skills in coding, often using languages like Python, MQL4/5 (MetaQuotes Language), and other programming languages tailored to financial markets.
🔸The expert focuses on building bots that can:
▪️Identify trading signals based on technical indicators (like moving averages, RSI, Bollinger Bands).
▪️Automatically execute trades when certain criteria are met (such as entering or exiting positions).
▪️Manage risk by setting stop-loss and take-profit orders to minimize potential losses.
▪️Optimize performance by regularly updating the algorithm based on market conditions.
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Let's get back to the basics! ..4In this chart I have made it simple.
I accept that price can appreciate further but I will be looking for sell opportunities at levels posted earlier.
My main concern is how to handle this gigonormic rise with the expected fall to come. It will come and if you are following I assure you it will come by early December.
Logic:
Election results
FED rate Cut decision
Gradual decrease in Iran / Israel tension
US Government debt alleviation plan
Indian not buying gold even if it is the peak season
China's artificial stimulus
Please do not trade in isolation. Those out there who are showing massive profits are fudging you. God has given you a brain please use it !!
Replace a 100 000 USD salary with income from trading🔸 Develop a Strong Foundation in Forex Trading
Before considering Forex as a full-time source of income, it’s essential to build a solid foundation in trading.
▪️Learn the Basics: Understand Forex fundamentals such as how currency pairs work, how to read charts, how the market operates, and how global economic events affect price movements.
▪️Master Technical and Fundamental Analysis: Study technical analysis (price action, indicators, chart patterns) and fundamental analysis (macroeconomic data, interest rates, geopolitical events). This allows you to make informed trading decisions.
▪️Study Risk Management: Managing risk is crucial to avoid catastrophic losses. Learn how to calculate position sizes, set stop-losses, and limit leverage. Most professional traders risk no more than 1-2% of their capital per trade.
▪️Backtest and Paper Trade: Test your trading strategies on historical data and in demo accounts to ensure they are profitable over time. This will help you refine your approach without risking real money.
🔸 Create and Test a Trading Strategy
A successful trading career requires a well-defined trading strategy. This is critical for consistency and profitability.
▪️Define Your Trading Style: Determine whether you are a day trader, swing trader, or position trader, based on your risk tolerance, time availability, and financial goals.
▪️Build a Strategy Based on Time Frames and Setups: Whether you focus on scalping, trend trading, or breakout strategies, you need a strategy that works for your trading style. Be sure to incorporate indicators (moving averages, Fibonacci retracement, RSI) and a risk-reward ratio.
▪️Test the Strategy: Test your strategy on demo accounts or paper trade until you have confidence in its profitability over the long run. A good strategy should consistently deliver positive results over several months and market conditions.
🔸 Accumulate Enough Capital
Forex trading requires sufficient capital to replace a salary and generate consistent income.
▪️Set Realistic Capital Requirements: The amount of capital you need will depend on how much monthly income you need and how much risk you are willing to take. Generally, to replace a full-time salary with Forex income, you will need significant capital (likely in the range of $50,000–$100,000 or more). This amount allows you to generate enough returns without taking excessive risks.
▪️Calculate Your Required Return on Investment (ROI): Let’s say you need $3,000 per month to replace your salary. If you have a $100,000 account, you would need a 3% return per month. If your account is smaller (e.g., $10,000), you would need a much higher (and riskier) 30% return, which is unrealistic in the long run.
▪️Use Leverage Cautiously: Leverage can magnify both profits and losses. While Forex brokers often offer high leverage (e.g., 50:1, 100:1), it’s essential to use leverage cautiously, as it can lead to significant losses if a trade goes against you.
What America Does with Its Money ? 🇺🇸 Decoding America's Spending: A Deep Dive into Government Finances
This topic has been on the horizon for a while, and I think many new traders will be pleased to see it so LFG
Just like a business, the government has its own financial records :
💰 Money comes in (primarily from taxes)
💸 Money goes out (to fund a variety of programs)
With an expected gross domestic product (GDP) of nearly $29 trillion in 2024, the US remains the world’s largest economy, surpassing China’s $18.5 trillion.
However, the US government isn’t exactly profitable. In fact, it’s been consistently running a growing deficit, raising concerns about its long-term financial stability.
As a general election approaches, it's more important than ever to understand how the US generates and spends its money. So, let’s dive into the details
Here’s a quick overview:
- Revenue: A deep dive into taxes
- Spending: Powering the nation
- Bottom Line: Operating costs & the deficit
- National Debt: A mounting challenge
- The Future: America's financial outlook
1. Revenue: A Deep Dive into Taxes
The US government operates on an enormous scale, and like any large organization, it requires a consistent stream of income to stay functional. However, unlike businesses that sell products or services, the government generates revenue primarily through taxes and fees
In fiscal year 2023, the federal government collected an astounding $4.4 trillion
So, where does all of this money come from? Let’s take a closer look:
👥 Individual Income Taxes:Nearly 50% of the government’s total revenue comes from individuals. Every time you receive a paycheck, a portion is automatically sent to Uncle Sam. This also includes taxes on capital gains from investments.
🏦 Social Security and Medicare Taxes: About 36% of revenue is generated from these taxes, which support programs like Social Security and Medicare for retirees and older adults. It’s a system where current workers help fund benefits for those who have already retired.
🏢 Corporate Income Taxes:Around 10% of the total revenue comes from businesses, which contribute a portion of their profits to the federal government. This is reflected in the income tax provisions that companies report.
🧩 Other Revenue:The remaining ~4% is sourced from various channels such as excise taxes (extra charges on goods like alcohol and tobacco), estate taxes, customs duties, and even fees collected from national park visits.
2. Spending: Powering the Nation
Now that we’ve seen how money flows into the US Treasury, it’s time to explore the exciting part figuring out how it’s spent. The US government faces the enormous responsibility of keeping the country functioning, covering everything from national defense to healthcare and infrastructure. And that demands a massive amount of spending
In fiscal year 2023, the federal government's net cost was $7.9 trillion, which is almost as large as the combined GDP of Germany and Japan the world’s third and fourth largest economies!
-Outlays vs. Net Cost:In FY23, total outlays (the actual cash spent) reached $6.1 trillion. Outlays refer to the cash disbursements, while the net cost also includes accrual-based accounting adjustments, such as changes in the future value of federal employee retirement benefits.
Who’s Deciding Where the Money Goes
So, how does the government determine how to allocate all this money? It’s a balancing act involving both the President and Congress:
-The President’s Proposal: The President begins the process by proposing a budget, outlining spending priorities based on requests from federal agencies. Think of it as a wish list—with a lot of extra zeros.
-House and Senate Role:Next, the House and Senate Budget Committees take over. They review the President’s proposal, make adjustments, and ultimately create the final spending bills. This process involves hearings, debates, and a fair amount of political negotiation.
Types of Spending
-Mandatory Spending:These are legally required expenses, like Social Security and Medicare, which make up a significant portion of the budget. These costs rise over time, particularly as the population ages
-Discretionary Spending:This is the part of the budget where the President and Congress decide how much to allocate to areas like defense, education, and more. In FY23, discretionary spending accounted for roughly 28% of total outlays, and it involves a yearly struggle as various departments compete for funding.
-Supplemental Spending: In cases of emergency, Congress can pass additional funding outside the normal budget cycle, as it did for the COVID-19 pandemic in 2020.
Where the Money Goes
Now, let's dive deeper into the specific areas where all that spending is directed:
-🏥 Healthcare Heavyweight:The Department of Health and Human Services commands the largest portion of spending, making up 22% of the net cost. This reflects the huge outlays for healthcare programs like Medicare and Medicaid.
-👵 Social Safety Net:Programs like Veterans Affairs and the Social Security Administration also require significant funding, together accounting for 18% of the budget. This demonstrates the high priority placed on supporting veterans and retirees.
-🫡 Defense and Security:The Department of Defense, tasked with ensuring national security, takes up 13% of government spending!
-💸 The Interest Burden: A growing share of the budget is going toward paying interest on the national debt, consuming 9% of total spending.
In FY23, government outlays represented 22% of the US economy (GDP). Over the past decade, this figure has remained slightly above 20%, excluding the exceptional impact of the COVID-19 pandemic.
3. Bottom Line: Operating Cost & Deficit
When government expenditures exceed its revenue, a budget deficit occurs
In FY23, the U.S. government recorded a $1.7 trillion deficit (revenue minus outlays).
Here’s a breakdown of two key financial terms:
-Net Operating Cost:This includes all costs incurred by the government, even if the payments haven’t been made yet. In FY23, the net operating cost was $3.4 trillion
-Budget Deficit:This is a narrower measure, focusing only on the cash difference between revenue and outlays. As mentioned, the FY23 budget deficit stood at $1.7 trillion
Both of these financial measures reveal a government consistently spending beyond its means—a pattern that has persisted for decades. In fact, over the past 50 years, the U.S. federal budget has only seen a surplus four times, with the most recent one occurring in 2001.
4. National Debt: A Mounting Challenge
So, how does the government continue operating despite being in the red?
It borrows money, mainly by issuing Treasury bonds, bills, and other securities. This borrowing adds to the national debt, which has grown into a major concern for the country’s economic outlook.
As of September 2024, the national debt has reached a staggering $36 trillion. To put that in perspective, it's as if every person in the US owes over $100,000!
Every time the government spends more than it earns, the shortfall is added to the national debt, which, in turn, increases the interest payments that need to be made in the future.
Why the Debt Keeps Growing ?
Several factors contribute to the relentless increase of the national debt:
-Persistent Deficits:For decades, the government has continuously spent more than it collects in revenue, leading to ongoing debt accumulation.
-Wars and Economic Crises: Significant events such as wars (like those in Iraq and Afghanistan) and economic crises (including the 2008 recession and the COVID-19 pandemic) often necessitate large government expenditures, further escalating the debt.
-Tax Cuts and Spending Increases: Policy decisions that either reduce government revenue (through tax cuts) or increase spending (by introducing new programs or expanding existing ones) also play a role in growing the debt.
The national debt presents a complicated issue without straightforward solutions. It requires balancing essential funding for programs and services while ensuring the nation’s long-term financial health.
5. The Future: America’s Finances
The road ahead is filled with challenges. The national debt continues to rise, with a debt-to-GDP ratio surpassing 100%, raising concerns about the nation's long-term economic stability and ability to fulfill financial commitments.
According to the Department of the Treasury, the current fiscal trajectory is unsustainable. Projections based on existing policies show a persistent gap between expected revenue and spending. Without substantial policy reforms, the national debt is likely to keep increasing.
Several factors will influence the future of America’s finances:
-Economic Growth: A strong economy generates higher tax revenues, making it easier to manage the debt. Conversely, slower growth could worsen the deficit and increase the debt burden.
-Interest Rates:Rising interest rates would elevate the cost of servicing the national debt, redirecting funds from other vital programs.
-Inflation: Excessive government debt can contribute to inflation, diminishing the purchasing power of individuals and businesses.
-Political Polarization: The significant partisan divide in U.S. politics complicates consensus-building on fiscal policy and the implementation of long-term solutions to address the debt.
-Demographic Shifts: An aging population increases pressure on entitlement programs like Social Security and Medicare, leading to higher government spending and potentially widening the deficit.
To tackle the challenges of growing debt and deficits, a combination of strategies is needed:
-Controlling Spending:Identifying areas for budget cuts or finding more efficient methods to deliver government services.
-Increasing Revenue:Exploring avenues for raising revenue through tax reforms or other means.
-Fostering Economic Growth:Implementing policies that promote sustainable long-term economic growth and boost tax revenues.
-Encouraging Bipartisan Cooperation:Seeking common ground across party lines to implement lasting fiscal reforms.
The future of America’s finances remains uncertain, but one thing is clear: addressing the national debt and ensuring the nation’s long-term fiscal health will require tough decisions and a commitment to responsible financial management.
What Can Be Done?
It’s easy to feel overwhelmed by the scale of these challenges, but meaningful change often starts with informed citizens. As we head into a new election cycle, understanding how the US government manages its finances is more crucial than ever.
So, what do you think should be America’s financial priorities?
Should policymakers concentrate on cutting spending, raising taxes, or fostering economic growth?
SWING TUTORIAL - RALLISIn this tutorial, we analyzes the reversal of NSE:RALLIS 's 50% decline, identifying key technical indicators that signaled a buying opportunity. We'll explore how to recognize bullish momentum and optimal entry points using chart analysis.
NSE:RALLIS reached its all-time high at 362 before experiencing a significant downturn. However, the stock began forming support levels near 200 in June 2022 and retested this level again in May 2023.
Key Observations:
1. Support Levels: The stock consistently found support at ₹200, indicating a potential reversal.
2. MACD Indicator: The Moving Average Convergence Divergence (MACD) line showed steady upward momentum, signaling increasing bullish pressure.
3. MACD Crossover: The successful crossover in June 2023 confirmed the bullish trend, creating an entry opportunity.
Trading Strategy and Results:
Based on this analysis, our entry point was established at the MACD crossover. The stock subsequently rose to its swing high levels, yielding approximately 85% returns in just 57 weeks.
Note: This case study demonstrates the effectiveness of combining technical indicators to identify bullish momentum. By recognizing support levels, MACD movements, and consolidation patterns, traders can pinpoint potential entry points.
Would you like to explore more technical analysis concepts or case studies? Share your feedback and suggestions in the comments section below.
Let's get back to the basics! ..3October 21 - 25 Roadmap
Fib extension levels indicated are sell levels
Green boxes or demand are buy levels (accumulate) with proper risk management
Pink box is your ideal retracement target
Sell Stop (NOT Stop loss) blow 2627)
This is my trading plan and not a recommendation. I am sharing and caring that is all. What you do is your own decision!
Let's get back to the basics! ..2The point of this chart is to demonstrate that prices dont just go zoom boom or crash bang! there is a semblance. Always remember the market is an efficient self correcting mechanism and that is why fair value gaps or imbalances are filled more often than not.
If the price elevates way above the 20 period moving average it means there is a distort in the market, and the market fixes the distorty. This is old school I agree, but it is tried and tested and it works. Your turn to agree!
New strategy based on 50/200 EMASaw this strategy on Reddit and tweaked some things to what I am showing to you now with a 80-85% win rate. You wait for the 50 EMA to cross over the 200 EMA either the same day or post/pre market before. After the crossover, you wait for the pullback and when a wick hits the 50 EMA and reverses, you enter a long trade until either the trading day is over or the RSI shows overbought. Anybody have any changes that would make it better or that I’m missing? I’ve noticed it works best on 15m.
Can you Identify these two Tradingview Indicators?I bumped-into two very unique tradingview indicators a while back, and I have been trying to identify them ever since. I have looked at hundreds, maybe thousands, of Indicators, and cannot find these two or who makes them. The Second one looks like the Ichimoku Oscillator but is not.
Now, i am on a Quest to find them. I have asked Tradingview help, and couple of the moderators, and they didn't know what they were. Can you help me identify them?
Let's get back to the basics!In this chart I have kept it simple. Old school style because I am old school. If you have the time please ponder on these fundamental and technical points.
1. Gold is overbought on higher time frames
2. Why is it overbought ? Clue (Sharks)
3. DT is edging ahead in the races and that is bad for gold and sharks know it
4. Middle eastern crisis is no bad or no worse than last week
5. DXY and US10Y is rising and XAU is rising in tandem? why ?
6. There are two plays here manipulation and FOMO
7. Manipulation drives FOMO. Sharks want to exit their longs and clear out the stops of the retail crowd and then crash boom bang. The sharks enter at lower prices
8. All the hype that you see on the media about US Debt and other countries cutting interest rates? What BS? do you buy it ?
9. Understand this simple fact. Gold costs you swap/interest or whatever you want to call it. Do you think the sharks don't understand this fact ( I am sure retail traders dont pay attention to such minor details)
10. Who makes the sharks richer?
I do not have a crystal ball but I can assure you that even if Fib levels or the MA levels dont work common sense will work.
I am selling and I am not asking you to sell. I will buy at 2580 and then layer it to 2530 in the coming week. Sorry I am more of a buffet guy.
Like or dislike is not my problem. This post is mostly for retail traders who have been taught BS by professional thieves!!
Swing Trading vs. Day Trading in Forex: Which Style Suits You?So, you’ve got a burning desire to trade forex and take over the world—or at least the markets—but there’s one major question still nagging you: How to get there? If you choose to do it with forex trading you’ve got two main ways — swing trading and day trading. Let’s break down what these two mean and which one is right for you. Spoiler alert: neither option involves overnight millionaire status, so let’s keep it real.
Swing Trading: The Art of Patience (But Not Too Much)
Swing trading — you’re not glued to your computer but you’re still in the game. Swing traders look to capture “swings” in the market. These are short- to medium-term price moves that typically last a few days to a few weeks. You’re riding the wave 🏄♂️ but getting off before it crashes on the shore. 🌴
➕ Pros of Swing Trading:
Less screen time : You don’t need to babysit your trades 24/7. Set it, slap a stop loss and chill.
Fewer trades, more quality : You’re focusing on larger, more meaningful moves, meaning fewer opportunities for revenge trading or panic closing.
Flexibility : You can have a life outside of trading. (Pro tip: Don’t quit that job yet!)
Catch bigger price moves : Swing traders benefit from multi-day to multi-week trends, potentially leading to larger gains (or losses, if you’re not careful).
➖ Cons of Swing Trading:
Overnight risk : The market doesn’t sleep, and neither do geopolitical events. Price gaps overnight can wreck your carefully laid plans.
Patience required : If you’re someone who wants immediate action, waiting a few days for your trade to play out might feel like watching paint dry.
FOMO : The market might move without you while you’re waiting for the “perfect” setup. Swing traders often miss smaller, quick gains.
Day Trading: The All-In, High-Adrenaline Life
Day trading — you’re jet skiing with a huge wave behind your back. And there’s a hurricane. It’s on fire. Well, not quite but kind of. You’re in and out of trades within minutes or hours, locking in gains (or losses) multiple times a day. It’s fast, furious, and not for the faint of heart.
➕ Pros of Day Trading:
No overnight risk : You close all your positions by the end of the day, so nothing can blindside you while you sleep.
Action-packed : If you love adrenaline, this is your jam. Every day offers multiple opportunities thanks to so many events happening.
Tighter risk control : You’re constantly monitoring the markets, which means you can (most likely) react quickly to minimize losses.
Quick profits (potentially) : You’re aiming for small, consistent wins. Compound them enough, and you could see some real returns.
➖ Cons of Day Trading:
It’s stressful : Constant focus is draining. If you’re not sharp, it’s easy to make emotionally driven mistakes.
More trades, more fees : Commissions and spreads can eat into your profits since you’re making multiple trades per day.
Time-consuming : You’re glued to your screen for hours. Day traders don’t have the luxury of doing much else while waiting for trades to play out.
Learning curve : It’s a steeper climb to become consistently profitable. Day trading requires mastering short-term price movements, and the odds are stacked against newbies.
❔ Which One Is for You?
So, which trading style matches your life and personality? Let’s break it down:
If you’ve got a day job or prefer some balance in your life, swing trading is your best bet. You can scan the charts in the evening, set your orders, and go about your business while Mr. Market does its thing.
If you thrive in fast-paced environments and can dedicate full days to trading, then day trading could be your playground. But be warned: it’s not just about speed; it’s about being sharp, disciplined, and, well, not losing your focus after a bad day.
If patience is your virtue , swing trading will test it, but the reward is potentially big, long-term moves with less stress.
If you live for the rush , day trading might feed your need for action, but be prepared for the pressure cooker environment and razor-thin margins.
Final Verdict
There’s no one-size-fits-all in forex trading. The key is to match the trading style to your personality, goals, and lifestyle. Are you cool with being patient and letting trades develop, or do you want to be locking in profits on the daily? Whatever you choose, stick to your plan, manage your risk, and remember: the market doesn’t care about your feelings—only your strategy.
If you’ve already tried one style and it didn’t work, don’t sweat it—there’s always another way to play the game. Share your experiences in the comments, and let’s keep the conversation going.
Uptrend or Fadeout? Learn the Key to Catching Market Breakouts1. Recognizing Market Structures: Uptrends and Downtrends
Higher Highs (HH) and Higher Lows (HL):
These are signs the market is in an uptrend—prices keep moving up, forming new highs (peaks) and lows (dips) that are higher than the previous ones.
Think of it like climbing stairs: each step higher shows the market’s strength.
Lower Highs (LH) and Lower Lows (LL):
When prices stop climbing and start forming lower peaks and lower dips, it signals that the market might be slowing down or reversing into a downtrend.
In the chart:
The first part shows a bullish (upward) move with Higher Highs and Higher Lows.
Later, the market shifts to lower highs, signaling a potential slowdown or shift toward a downward move.
2. What Is the LQZ (Liquidity Zone)?
Liquidity Zone (LQZ): This is a key price area where a lot of trading activity happens—like a hotspot where buyers and sellers clash.
When price reaches such a zone, it either breaks through and keeps moving in that direction (bullish continuation) or bounces back down (rejection).
Think of it like a soccer goal line: if the ball crosses the line, the team scores a goal (bullish move); if it’s blocked, the ball goes the other way (bearish move).
In the chart:
The LQZ is highlighted as the key level to watch. A clean breakout (with more than just a quick spike or wick) signals that buyers are strong enough to push the market higher.
If the price gets rejected at this zone, the sellers regain control, and the market might move down.
3. Scenarios: What Happens Next?
The chart offers two possible outcomes based on how price behaves near the LQZ.
Bullish Scenario:
If the price breaks above the LQZ and stays there, it’s likely to continue upward towards:
Target 1: 2,661.38
Target 2: 2,673.60
These are the next levels where buyers might take profits or where new sellers could appear.
Bearish Scenario:
If the price gets rejected at the LQZ and drops lower, it could move towards:
Bearish Target 1: 2,569.49
Bearish Target 2: 2,546.25
This suggests the sellers have taken control, pushing the market down.
4. How to Know When to Enter a Trade?
The chart highlights the importance of waiting for confirmation before jumping into a trade. Here’s a simple trade plan:
For a Buy (Long) Trade:
Wait until the price breaks above the LQZ and stays above it.
Enter on the first pullback (dip) after the breakout—this is often called a flag or retest.
For a Sell (Short) Trade:
If the price gets rejected at the LQZ, wait for a clear downward movement.
Enter after the first lower high forms, confirming that the sellers are in control.
Why wait for confirmation?
Jumping in too early might cause you to get caught in a false breakout or fake move. Think of it like waiting to see which team scores first before betting on the game.
5. Avoid Emotional Trading and Manage Risk
This chart reflects a key lesson: trading is a game of patience and probabilities.
If the trade doesn't go as expected, it’s important to step back and wait for the next opportunity.
Don’t chase trades just because you fear missing out (FOMO). You might enter too soon and hit your stop loss unnecessarily.
Risk Management Tip:
Use stop losses to protect your account from big losses.
Avoid placing multiple risky trades on the same pair just because you’re impatient. It’s better to wait for high-probability setups.
6. Summary: A Simple Trading Plan
Watch the LQZ level:
If the price breaks above, look to buy on the next dip.
If the price gets rejected, look to sell when it starts forming lower highs.
Set Clear Targets:
For bullish trades, aim for Target 1 and 2 above.
For bearish trades, aim for Bearish Targets 1 and 2 below.
Don’t Rush:
Wait for clear confirmation before entering.
Follow your trading plan and avoid emotional decisions.
The Coin Market is Different from the Stock Market
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The coin market discloses a lot of information compared to the stock market.
Among them, it discloses the flow of funds.
Most of the funds in the coin market are flowing in through USDT, and it can be said that it currently manages the largest amount of funds.
Therefore, unlike the stock market, individual investors can also roughly know the flow of funds.
Therefore, you can see that it is more transparent than other investment markets.
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USDT continues to update its ATH.
You can see that funds are continuously flowing into the coin market through USDT.
USDC has been falling since July 22 and has not yet recovered.
The important support and resistance level of USDC is 26.525B.
Therefore, if it is maintained above 26.525B, I think there is a high possibility that funds will flow in.
If you look at the fund size of USDT and USDC, you can see that USDT is more than twice as high.
Therefore, it can be said that USDT is the fund that has a big influence on the coin market.
USDC is likely to be composed of US funds.
Therefore, if more funds flow in through USDC, I think the coin market is likely to develop into a clearer investment market.
But it is not all good.
This is because the more the coin market develops into a clearer investment market, the more likely it is to be affected by the existing investment market, that is, the watch market.
This is because large investment companies are working to link the coin market with the coin market in order to make the coin market an investment product that they can operate.
In order for the coin market to be swayed by the coin-related investment product launched in the stock market, more funds must flow into the coin market through USDC.
Otherwise, it is highly likely that it will eventually be swayed by the flow of USDT funds.
Therefore, USDC is likely to have a short-term influence on the coin market at present.
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As mentioned above, the most important thing in the investment market is the flow of funds.
The flow of funds in the coin market can be seen as maintaining an upward trend.
Therefore, there are more and more people who say that there are signs of a major bear market these days, but their position seems to be judging the situation from a global perspective and political perspective.
As mentioned above, the funds that still dominate the coin market are USDT funds, which are an unspecified number of funds.
Therefore, I think that the coin market should not be predicted based on global perspectives and political situations.
The start of the major bear market in the coin market is when USDT starts to show a gap downtrend.
Until then, I dare say that the coin market is likely to maintain its current uptrend.
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(BTCUSDT 1D chart)
The StochRSI indicator is approaching its highest point (100), and the uptrend is reaching its peak.
Accordingly, the pressure to decline will increase over time.
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(1W chart)
The StochRSI indicator is also in the overbought zone on the 1W chart.
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(1M chart)
On the 1M chart, the StochRSI indicator is showing signs of entering the overbought zone, but it is not expected to enter the oversold zone due to the current rise.
The movement of the 1M chart should be checked again when a new candle is created.
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You can see that the StochRSI indicator on the 1M chart is the most unusual among the three charts above.
In the finger area on the 1M chart, the StochRSI indicator was in the overbought zone, but it is currently showing signs of entering the oversold zone.
Therefore, you can see that the current movement is different from the past movement.
Therefore, I think it is not right to predict the current flow by substituting past dates.
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I wrote down my thoughts on the recent comments from famous people who say that the coin market will enter a major bear market along with the stock market.
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Have a good time. Thank you.
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- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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The 3 Session of Rise Reversal Setup, with todays Silver R4 Going through my thinking process of the whole session, pair selection and the 3 trades i took. Gold breakout continuation long, NAS FOH Continuation short (stopped out) and then an end Session 3 sessions of rise reversal short with Silver. Additionally i am explaining the 3 sessions of rise setup in detail
This Wyckoff VSA Buy in Gold and Short S&P FuturesIn this video produced by Author of "Trading in the Shadow of the Smart Money", Gavin Holmes, we see clear buying by professionals in the GC futures contract (Indicator is PB in the Wyckoff VSA system for TradingView) and clear selling into the e-Mini S&P Futures contract (Indicator is PS in the Wyckoff VSA system for TradingView).
The markets move based on three universal laws, its simple as explained over 100 years ago by Richard D Wyckoff, a famous investor in the early 1900's.
The laws are:
Supply and Demand
Cause and Effect
Effort Vs Result
The fourth law to success is your belief system, often referred to in new thinking as:
The Law of Attraction. Enjoy the video and I hope it helps You succeed.
Namaste, Gavin Holmes, Author "Trading in the Shadow of the Smart Money" and "Think-Link-Create".
Breakout after 12 yearsTion Woong has been in the long triangle range for more than 12 years and it is breaking out now. with the larger STI index also moving on the higher side and construction in full swing the stock has fundamental tailwind also. looking for it to touch SGD 1.20 with a stop loss at SGD 0.50 .. Long term hold ... lets see