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📖 5 Books On Trading That Everyone Should Know 📖 📖 1. Reminiscences of a Stock Operator - Edwin Lefèvre. 📖 Reminiscences of a Stock Operator is a fabularized biography of the most famous speculator of all time Jesse Livermoore. Jesse Livermoore operated in the stock and commodity markets in the early 20th century in the 1920s to be exact. He was one of those...

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🏆 Accept the losses . Losses are inherent in trading. There is no earning trader who will not suffer a loss from time to time. In the case of trading, a mistake involves a loss of capital, which can be painful at the very beginning of learning, but as you develop your skills and expand your range of competencies, you begin to understand that it is impossible to...

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🦘AUD/USD Perfect time to buy. 🦘Can we say that with this pair we are in an ideal place to buy? 🦘It seems to me that in the case of this pair we have already reached the current lows. 🦘Following the 75 point hike in the US interest rate on 2 November, the market assumes that the next one will be only 50 points and looking at the economic situation the FED does...

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🥨DAX correction on the way. 🥨As in my last post I predicted a rise in the DAX idx this time it was time for a correction. 🥨After a month-long rise of equal to 14 from the bottom, can we speak of an imminent correction? 🥨By all means. 🥨The Dax has only made one major correction in its journey to the top, amounting to 78.6% of the first downward wave. After...

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₿ Bitcoin the rally continues... ₿ Referring to my last post in which I predicted an upward movement on bitcoin ₿ Observing the flat correction that has been taking place for about 7 days now ₿ I can confidently say that I don't think we are going to go lower in the coming sessions. ₿ Given the very low levels we are at since the peak, a further breakout...

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💱USD/JPY waterfall coming up. 💱For some time now, since 21 October to be precise, we have seen a trend reversal on the USD/JPY pair. 💱The reversal was abrupt in nature, it was done through the monetary intervention that Japan made in order to stop weakening its currency. 💱Is there a chance that the uptrend that has been running on this pair since 3 October...

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🛢️USOIL Time to continue downtrend 🛢️On oil we are at an interesting moment. Since 26 September, we started to make an upward correction of the downtrend from the levels of $76 per barrel. 🛢️Then we broke out to $93.5 🛢️We then performed a correction of this uptrend impulse again finding resistance at $83 where the 61.8 level of the entire upward wave was...

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📈S&P500 don't miss this move. 📈After the end of Friday's session which turned out to be extremely optimistic. 📈The increase which amounted to 3.9% was truly impressive. 📈Looking at the fact that we have already bounced 12.08% from the bottom makes us think that the Christmas rally and the pulling out of results by financial institutions to boast about this...

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🐕DOGE the reawakening of a legend 🐕The last few days on DOGECOIN the world's most meme cryptocurrency have been truly lavish in increases. 🐕Over the 13 October lows we have already made 33.62% gains 🐕Transforming to a weekly perspective, we can clearly see that the current weekly candle is breaking out over the last few weeks, this is due to the falling value...

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📉S&P500 Time for correction. 📉Quick play. 📉S&P500 has made beautiful upward imupls since October 13. 📉In between times we have only made one significant correction. 📉 Looking at the current price action situation it looks like it would be advisable to make a correction here in order to talk about the continuation of the uptrend in the future. 📉 Assuming an...

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💰Bitcoin a chance for a correction? 💰Bitcoin in the last day has broken out from minimum to maximum by 6.12% This is definitely a standout from the previous days. 💰I don't think this breakout was a coincidence, bitcoin caught some air at the same time as the major stock indices started to break out higher. 💰A dollar started to weaken. 💰Such a situation...

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🦘AUD/NZD Monday play 🦘The Australian currency has begun to weaken sharply against the New Zealand dollar over the past month. 🦘The extent of the weakening since the peak has already been over 4% 🦘Friday's session did not leave a dry eye on the pair either. 🦘The weakening of the Australian currency is probably dictated by the interest rate differential which...

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ETH going for $1800? Today we see a beautiful breakout on ethereum which from minimum to maximum is 14.25%. As I wrote in a previous post there was a breakout from the support level we have been accumulating on since 19 September which lasted 36 days. We also broke through the 50 moving average. The next support resistance comes from the price levels at...

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🪙 Gold under pressure from strong doalar. In today's analysis we will look at the chart of gold, which in the current week has shown that there is no strength for any increases. 🪙 After the rebound that took place 2 weeks ago, we could have hoped for an enlargement and extension of the upward correction. 🪙 But decisions to raise US interest rates again by...

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👑 GBP struggles to maintain upward trend 👑 👑 Last week, the British pound positively surprised all investors. Because the Bank of England announced the purchase of assets such as bonds 👑 Against the JPY, we could see a rebound of about 10%. 👑 This gave a clear signal confirming the continuation of the upward trend on the pair 👑 The high bounce we made may...

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💷GBP/JPY time to get rich 💷Looking at the pound for what it has done in terms of price appreciation over the last few weeks is incredible. 💷Referring back to my post from 2 weeks ago in which I wrote about the GBP/JPY pair still having plenty of room to rise (spoiler I wasn't wrong) Accurately predicting a correction and then further rises. I invite you to read...

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🍎Apple's time to shine🍎 🍎 The week of third quarter financial results is upon us. On 27 October, we will find out how Apple's reports stack up. 🍎 The tech industry is already thundering about the desire to cut jobs. Apple is one of those companies that eschews these rumours, definitely standing out from its Silicon Valley competitors. Instead, there are reports...

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🇩🇪 DAX time for a correction? 🇩🇪 During last week's trading sessions, we could see an attempt to stem the declines on Germany's main index, which comprises the 40 largest German companies. The correction from the bottom was already 9%. 🇩🇪 The bottom fell on 28 September and from then on we began to slowly form breakout formations on the chart. We have been...