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Educaction

Dont be a D#@K.... its DUCK.. honestly ;p Here we have some really strong support and resistance levels drawn on the chart ( green lines ) They are classed as strong because price touched them and then bounce a number of times ( I will let you figure these out for yourselves... I'm not spoon feeding you ) ;p You can also see a lovely trend line TL that has been touched more than once, so this is also classed as strong. Now because these levels an TL are strong a break of any of these could see a big move, again you can see all this on the charts. When price is these key levels in NO MANS LAND we tend not to take a trade, we will wait for price to retest these levels and wait for a break or a bounce before jumping in a trade. I keep saying it and I will keep saying it until you get p#@sed off with me...... but patients is key!!!!!!! Get the larger timeframe charts up ( we like to use 1 day and 4H charts ) and zoom all the way out... this will make spotting these levels so much easier. So don't be a D@#k and practise this... it will make you a more profitable trader. I hope this has helped you.
Education
by ApexFX_Pro
1
Ive lost my wife... Has anyone seen her? ;p I'm not going to point out where price touches these lines as it really is simple to see that these levels have been used as both SUPPORT and RESISTANCE, how do people not spot these? Do they constantly walk around with eyes closed? or more likely with heads in phones on dating apps looking for there next sexual transmitted infection ;p It is so simple but yet people complicate trading or are lead to believe that you must have 1000000 indicators and lines on your chart to spot the next move..... WRONG!!! Look at our charts and you will see how clean they are and that we use NO indicators at all and only trade off support/resistance levels, Trend lines and the candles going into these levels... And we are not doing bad ( Which Lamborghini do I take out today? ) ;p But honestly just listen too yourself, learn too trust your own setups, erase people out your life who are not on the same mission as you ( because they will only drag you down, I have lost my wife... has anyone seen her? haha ) And you will see an improvement in trading. If you have any questions about trading or life in general then just send us a message and I will be happy too help.
by ApexFX_Pro
5
Coolio Gangstas Paradise, Support and ResistanceIf you can find a good support and resistance level or zone it will keep your bank account fed well for years. As you can see the 1st purple arrow marks where price 1st tested this zone as resistance in 1995 when Coolio was at number 1 with "Gangstas Paradise" ( sorry if I've just made you feel old ) :p Then the price passed through this zone for the next few years eventually using it as resistance again in 2010, 2013 and 2017, Now price is currently in this zone again and has used it as resistance many times in 2018 and 2019, So 14 years ago this zone was 1st used and is still been used today, See why zones and levels are so important? The same can be said about our bottom support and resistance zone but I'm sure your not that stupid you need that explaining also! Actually it is 2019 and there are a lot of brainwashed zombies about courtesy of the government, media and failing school system ;p Anyway stop using your laptop to watch naughty adult movies and use it to find these key levels... you will also have a happy ending if you find them :p haha.
Education
by Apex_Gregg
4
Bitcoin - Why Most Traders Lose In This Market - Sentiment CycleHello Traders, In this educational, I want to point out why many traders lose in trading. It does not really matter what instrument you are trading, whether it is cryptos, forex, indices, commodities etc. I did a lot of research and wanted to provide you some bullet points why YOU still not made it so far in trading or at least not satisfied of what you have thought trading would give you back. First of all, let me start with a simple question. Why do we even start with trading? Most traders started trading for one reason. To make MONEY! If you look today, how simply you can access the financial markets it becomes kind of scary. You can access educational stuff on the internet about trading strategies and you simply have to open a trading account and implement the strategy which you found on the internet and we all become rich right? Well, unfortunately, that is not that easy and we all know that. At least advanced traders. When money comes into play as a tool to make money, there is a very important factor: Trading Psychology. The overall goal which we want from the crypto market is very clear. Making money in a fast way. What does that mean now? Well if you make money today there is always a loser on the other side. That is how it naturally works! We as traders, will also deal with losses, again and again and again. We need to understand first, that it is how it is. We can’t win every trade. We can’t even win 95% of all our traders. If you are good you will win maybe 60-65%. So the other 35-40% we will lose our money. And that is the problem for new traders in my opinion! An unsuccessful trader or new retail trader can NOT and also don’t want to deal with losses! They get very emotional and try to face the loss with overtrading, trying to recover the loss on the same day with higher position sizes or risking more than initially thought. That is emotional trading and those traders won’t last for long. Believe it or not, that is a fact. By losing money you have earned so hard maybe with your 9-5 job, you obviously become emotional when you start losing it in trading. I do understand this point. But the markets especially the crypto market dont care about you becoming emotional. It will just wipe out your whole account when you get emotional. When you start making money and your account starts to rise you will get excited, by thinking you beat the market. However, a falling account will put you in scary position, where you think twice whether the strategy is working or not. If this applies to you, you need to learn to control your emotions and concentrate on the main thing: “Capital prevention” Why? Because when you can keep your capital in trading you will automatically make money. You are a money manager at the end of the day. You don’t want to lose your money rather you want to keep it and cumulate it to growth. This will bring you into an advantageous position. Your risk and emotional behavior changes depending on profits or losses. For example, if you win 4 or 6 trades in a row without booking one lose and you risk maybe 3% with a risk to reward of let say 2. You made over of 24%-36% in profit. At this stage an unsuccessful trader starts to think that he is the hero and starts putting more risk into the upcoming trades. Guess what. Eventually, he will lose all his profits he may gain earlier. Because losing is a part of the game. And I even didn’t mention the drawn loss. If you can win 4 or 6 trades in a row. You can also lose 10 trades in a row after you won 6 trades in a row. You become impatient and in the end, you will also lose your objectivity because you lost a lot of money. The key is always to win more than you initial lose. That is the key to success in trading. If you always risk 2% on each trade with a constant risk to reward of 2:1 you will be profitable in the long run. (Obviously, with the right trading strategy, risk management and right traders mindset of course)
BITFINEX:BTCUSDEducation
by TradeFxTrends
2
Support & ResistanceSupport and resistance levels are critical in financial markets. They are very similar to pivot points, except simpler. When the price of a pair goes up to $10,000 and goes down to $9000 USD, that $10,000 USD zone is now resistance. If it bounces from $9000 and up to $11,000, the $9000 level is now support and the $10,000 resistance is now broken and could potentially turn support, where it can bounce. Generally, for resistance or support to break, a candle has to close above or below support and resistance. A wick above either is only the price “testing” resistance. I generally wait for a close above / below as well as further movement in the same direction, and a possible volume break-out short term. This is because a close above / below itself can be a fake-out, or a fake breakout, and continue doing what it originally was.The blue box is an example of a fake-out. The more often support and resistance is tested, the stronger it is. The stronger support or resistance zones are, the stronger they will break out. For example, if a support is tested 5 times and breaks to the downside, it will move down further than for example, if it was tested 2 or 3 times. Next post we will get into support or resistance zones and also examples on how to trade them.
BITFINEX:BTCUSDLong
by JCBCrypto
5
Introduction to Trend LinesOn the left side we can see the anatomy of an uptrend and downtrend line. On the right side we can see a few examples, which should help build a mental image of how they look and work, in action. Trend lines are the foundation of technical analysis. Uptrend lines are formed by higher lows and signify a bullish trend. Pullbacks don’t specifically get smaller but impulse waves (movements up) are higher, showing an upward trend. They serve as “support” levels and tend to support the trends upward movement. When their support is tested, they can be considered dips, troughs or valleys. The opposite is true in a downtrend. It is formed by lower highs and signifies a bearish trend. Downtrend lines serve as resistance as they “resist” the price from going up until they are broken. Once the trends are broken, they can and usually do see a rally. On the break of an uptrend towards the downside, the price usually proceeds to fall. On the break of a downtrend toward the upside, the price usually proceeds to rise. This is because, for example, in a downtrend line, traders tend to lose confidence of a bullish trend until that downtrend is broken. They often exit their trades in the beginning of a downtrend and look for a re-entry on a trend reversal, or a break of the downtrend towards the upside. How do you draw them? Generally by connecting 2 tops (on a downtrend) or 2 bottoms (on an uptrend). It is often said that 2 is all you need to draw a potential line but 3 or 4 is what it needs to become a valid line. The more tops and bottoms that “connect”, the stronger the trend is. 3 is generally weak, 4 is a little stronger, and something like 5 or 6 are a pretty valid and strong trend. The steeper it is, the less reliable, usually because that indicates higher volatility. The stronger the trend is, the bigger the rally is when it breaks. For example, a break of support of 2 points might not see much movement but a break of support of 6 points could see significant downward movement. This is usually due to a few things, one being the psychology behind it. As support gets tested more times on an uptrend, bears, or sellers, tend to lose confidence, so once it breaks after a lot of tests, a significant amount of them tend to come back in. Thank you for reading, let me know if you like and enjoy these educational posts. Based on feedback, I may continue to post them and try to wrap up the basics of Technical analysis in 5-10 minutes a day, 1 by 1. The future posts would cover: Types of Charts Candlestick Patterns Support and Resistance Volume RSI Bollinger Bands Stochastic Indicator ADX MACD SMA / EMA Fibonacci Retracements Pivot Points Oscillators Elliot Wave Harmonic Patterns
BITFINEX:BTCUSDEducation
by JCBCrypto
10
US Election Reviews A little Reviews about USA Election 2016 If we see till now Race tightens, but Clinton still leads Trump by 4%, new poll finds. But still 2 days more to go for final result. What will happen if Clinton Won or What will happen if Trump won? Ans: If we see overall in any country election who Ever Wins Stocks of that country and Currency Welcome new President. So if happen like that in start for 2-3 days we can see USD Strong. But on other side many Experts Saying As Trump still not shared his proper plane about Future Where Clinton shared many things about her plane. So overall Experts Ideas That winning of Clinton Can b Good for usd Where Winning of Trump may b bad for usd atleast for start 3-6 months.We Expecting For Start it can b confuse but in a month who ever win Usd will strong may b till end of Dec then there policies and work will give us next direction. For small Traders better wait and stay away from market till 10th of Nov and who Trade not Trade without sl.
TVC:DXY
by Salmanmemon786
To Earn From Equities - Innovation Is Needed - part 2Why everybody is doing the same thing? When Mr. John Bogle floated the idea of passive investment in indices, it was a novelty. But now after couple of decades in existence and raft of index linked funds, it is common. And when something becomes too common and ubiquitous in trading, history says it is about to become dangerous. Much touted SIP ( Systematic Investment Plans ) are very beneficial in long term and it surely helps majority of investors who don't have enough time and technical ability to handle their own investments. But when every neighbour and his dog does the same then how the market will react going forward is something needs to be thought about. It is a simple fact that If everybody is buying the same product then its price won't go down. Short sellers who used to keep small bubbles in check have been massacred en masse. It's like getting rid of all the carnivorous species from the forest and then complaining about rapid rise in the population of herbivorous. Recent experiments by central bankers ( mostly theoretical experts and practically dumb Ph.D in Economics fellows -- otherwise who invents negative interest rates ! -- much on that in later posts ;) ) has created the artificial markets distant from reality. In doing so, they are doing much harm to the common investor or public in general rather than helping. If they don't know it now, they will know it later when someone else does Ph.D on such effects later ;) Who will be rewarded in future ? Investors in SIP or Passive Index Funds etc got rewarded greatly because they stuck to something unproven before. They weathered the storms during the market crash and followed the game plan. They were the minority with nerves or smart enough to believe in long term capital market gains. But now things may change. So now what if instead of getting blockbuster 10/20/30 fold return on your investment, you are just going to get paltry 1 or 2 % return with huge downside risk if things starts crumbling and crashed indices never some back to this level again until next 15 years ! Is the idea of allocating money to passive investment for big gains in later life dead? Well, maybe not. But it looks like the returns will be much more suppressed than what smart active investors can achieve. Innovation in portfolio management is needed. Now instead of just buying and holding stocks, you may need to do covered calls or some sort of other active trading. Instead of constantly allocating and investing money every month, you may need to wait for some trading opportunity in good investment to buy it in bulk during downturn at discount. In short, following the herd will never take someone ahead. Today's radical idea will be tomorrows banal thought. So the one who will upgrade will definitely be ahead. As usual, patience will be rewarded in the markets :)
FX:SPX500
by BombayBulls
To Earn From Equities - Innovation Is Needed - Part 1To Earn From Equities - Innovation Is Needed Savvy investors always think about 'what if' scenarios. Thinking about Plan B or Plan C and making appropriate risk adjustments in the strategy is what separates wheat from chaff. Being attached to the reality and understanding the truth that nothing lasts forever under the sun is much needed to accumulate long term equity gains. There are many reasons why markets are ignoring the reality of slow growth and keep on chugging higher. You can blame it on endless cheap money supply a.k.a QE but there is something else is also at work and that is the huge change in investor psyche. How investors mindset has changed in last 7 years and that is leading the market to ridiculous levels of valuation? In the age of split second information flow, ideas spread fast. Everybody seems less concerned about equity market fall. Why? because virtues of long term investment in stock market is being touted everywhere and they are being advised not to fret about 10/20/30 % fall in equities. Rather such dips are being considered as BIG opportunities. To support this argument, they have recent historical evidence. So panic selling which used to create domino effect to roil markets is absent these days. Investors are more comfortable seeing red numbers in their portfolio dashboard because the excitement of 10 fold gain in coming years, help overcome the current anxiety about near term losses. This huge mental change will keep supporting the market until something changes drastically. ... cont..Part 2
FX:SPX500
by BombayBulls
XABCD Should Extend The Trend! This is continuation of my mini series about "When not to draw XABCD lines" It should be named part 2. "Picture is worth thousand words" Not any picture, if there is a picture about how XABCD works then its not worth so much. Almost every book will tell you that it works, but almost none will tell you when it doesn't work. For me I like to just deduce, not just merely believe stuff. This mini article is about why and when you should avoid drawing a XABCD lines. It tries to shed some light on the subject, its about limitations of XABCD strategy. There is no strategy based on pure system, every strategy is about planning which is based on reality, on chart not on fantasy, but on real market movements. Good strategy always ask, not to demand outcome, its planning which is based on probability, not on certainty. So we always ask "Based on market movements now, is it worth my time and money to draw XABCD lines?". On the chart, the red formation we classify as a Gartley pattern. Is it worth to even draw it? For me is not worth my time, for this reason. Fist we are seeing this blue corrections, I don't like this. I don't like the XA leg to be so much corrective. If you try to imagine purpose of XABCD formation in the context of Elliott, you can find that XABCD formation should extend the trend, so it should be simple this: 1. XA leg should be impulse in nature (5 wave pattern or similar to 5 wave) 2. ABCD legs should be corrective, ABCD should be correction to this impulsive XA leg. Its that simple, everybody with basic understanding of Elliott principle should get it, and it should be simple, we should not complicate this concept much. Simpler the better, corrective and impulsive, that's it! So why there is two formations on the chart? Its simple. If you see this Gartley pattern negated and market is going to this black D point, you should not be compelled to draw this black Bat formation, for the first reason and for the second which is this. After Gartley pattern is broken, you should not touch anything, because statistically there is no point in doing this. After that here are frequently moves against any formations and I encourage you just to study broken Gartley's. Some traders even use them to just play brakes (on the chart it would be if price exceed point X). So I hope that now we have some pictures and mini proves which are the charts itself, not to just take seriously any XABCD formations, but to be careful and seek better opportunity which is worth our time and money. The quality of traded formations reflects quality of our trading, which reflects our belief about our self worth.
by UnknownUnicorn93444
7