3 Forex Trading Strategies For Serious Traders [ That Work! ]

Forex Trading Strategies Reddit: What you need to know to start Forex trading.

Forex Trading Strategies Reddit: What you need to know to start Forex trading.

FOREX Strategies

What are FOREX Strategies?
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You may have noticed that most of people confuse the terminology and refer to FOREX Strategies in the wrong way. There are methodologies, systems, strategies, and techniques. The most effective methodology is Price Language (Trend Tracking). Combined with a correct reading of mass psychology presented by the charts.
We know that in the Stock Markets there are thousands of strategies. FOREX, like the rest of the markets, presents you with the opportunity to apply similar strategies to win consistently. Taking advantage of repetitive psychological patterns.
First, the Price Language methodology has created great fortunes in FOREX, and the next fortune may be yours. But this methodology must be implemented within a framework of advanced concepts of Markets. Without forgetting the basics. And working hard day by day.
Second, a strategy is a set of parameters and techniques that together give you the advantage to act in any situation. Thus for example in war, generals have attack strategies and counterattack strategies.
FOREX strategies alike are entry strategies and exit strategies. All beginners should know these FOREX strategies for beginners. That way you will get a general idea of ​​the game and understand that trading is a war against the Market and its Specialists. Only applying FOREX strategies revealed by the same Specialists and using their own techniques,
... you can survive in this war.
Do not fall into the trap of the many "systems" and "methods" that are offered on the internet about operating in the FOREX Market. They just don't work in the long run. They are strategies based on indicators for the most part. Using rigid parameters. That if they can work and give profitability during a certain period of time, they will always reach a breaking point when the market changes its dynamics.
Instead, take advantage of your precious time and learn the Language of Price or Price Action.
The Language methodology will allow you to adapt to each new phase of the Market. If you combine this knowledge with the appropriate psychological concepts, you can live comfortably from speculation in FOREX.

Forex Trading Strategies Reddit - Basic FOREX Strategies

You have two basic FOREX strategies, one entry, and one exit. Both follow a general strategy that helps you capitalize on the collective behaviors of the Market. That is, of the total of participating speculators.
This behavior causes the formation of cycles that repeat over and over again. Driven by the basic emotions (uncertainty, greed, and panic) of the speculators involved that can be taken advantage of with the aforementioned FOREX strategies. Specialists identify these emotions in the order flow and capitalize on these events every hour, every day, and every month.
Basic FOREX Strategies - The Price Cycle
These repetitive cycles consist of 4 phases:
  1. Accumulation
  2. Upward trend
  3. Distribution
  4. Downward trend
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The two trends can be easily identified by their notorious breakdown. And the two areas of uncertainty (accumulation and distribution), due to their notorious range trajectories.
This general behavior determines the core of our FOREX strategies.
You buy when the price of a pair has broken and has come out of one of its congestion formations (accumulation or distribution). You implement one of the Forex strategies, in this case, the entry one.
The multi-time technique will help you find the point of least risk when entering your initial buy or sell order. In the same way and using the same strategy but this time to close your position, the multiple timing technique will also show you how to close your operation obtaining the highest possible profit.
The most consistent way to extract profits in the market is by trading the start of trends within a cycle . Once confirmed by their respective breaks from the areas of uncertainty. This is the mother of all FOREX strategies . And in a market that operates 24 hours, we have more frequent cycles and therefore more opportunities.

Forex Trading Strategies Reddit - Advanced Forex Strategies

There are many advanced FOREX strategies that are generally used by professional speculators working for large financial firms.
Among these firms are banks, Investment Fund managers and Hedge Fund managers. The latter is an investment modality similar to Investment Funds, with the difference that Hedge Funds use more complex investment strategies. Its operations are more oriented to aggressive speculations in the short and medium-term.
Among the most common strategies is hedging (hedging), carry trade, automated systems based on quantum mathematics. And a large number of combinations between the different option strategies.

The Carry Trade

The central idea of ​​Carry Trade is to buy a pair in which the base currency has a considerably higher interest rate than the quoted currency. To earn the difference in rates regardless of whether the price of the pair rises or falls.
Suppose we buy a $ 100,000 lot of AUDJPY, which according to the rates on the chart would turn out to be the ideal instrument in this example to use the Forex carry trade strategy.
As our capital is in US dollars we have to assume for our example, the following quotes necessary to perform the place calculations:
AUD / JPY = 80.00 USD / JPY = 85.00
What happens internally in your broker is this.
  1. By placing as collateral $ 1,000 of your $ 50,000 of capital (assumed for this example), deposited in your account, you have access to $ 100,000 virtual (this is what is known as leverage); that is, you put in $ 1,000 and your broker lends you 99,000.
  2. With those $ 100,000 virtual dollars, your broker borrows on your behalf ¥ 8,500,000 Japanese yen (85 × 100,000) at 0.1% annual interest from a Japanese bank.
  3. With those ¥ 8,500,000 Japanese yen, your broker buys A $ 106,250 Australian dollars (8,500,000 / 80) and deposits it in an Australian bank where it receives 4.5% annual interest on your behalf.
  4. One year later (and regardless of the profit or loss generated by the pair's movement), your profit will be the difference between the AUD rate and the JPY rate, that is:
Profit = (AUD rate) - (JPY rate) - (costs of the 2 currency exchanges) Profit = (4.5%) - (0.1%) - (0.1% to 1%)
The great advantage of carry trade FOREX strategies is that this percentage profit is applied to the $ 100,000 of the standard lot; the broker transfers all of the profit to you, even if you only contributed $ 1,000. On the other hand, if you carry out the inverse of this operation, this benefit of the Forex carry trade becomes a cost (swap), and you assume it completely.
Remember that FOREX carry trade strategies are recommended for pairs with considerable interest rate differences, such as the one we have just seen in our example.
These FOREX strategies should also not be used in isolation. The idea is that through technical analysis you identify when would be the ideal time to enter the market using your carry trade Forex strategy and multiply your profits considerably.

What FOREX Strategies Do Hedge Funds Use?

The FOREX strategies used by large fund managers do not constitute an advantage in terms of percentage results for them, nor do they constitute a competitive disadvantage for you.
The vast majority of them fail because of their big egos. In fact, there was a firm made up of great financial geniuses, including 2 winners of the Nobel Prize in Economics, who developed a strategy based on quantum mathematical calculations.
With an initial base capital of about 3 billion dollars, and after 3 successful years obtaining annual returns of over 40%, the firm Long-Term Capital Management, begins its fourth year with losses. To counteract these losses the geniuses decide to multiply the initial capital several times, while the losses continued.
The year closed with the bankruptcy of the fund, and with a total accumulated loss of 1 trillion dollars, due to the great leverage used. And all for not admitting that the FOREX Strategies of Long Term Capital Management were not in line with the dynamics of the Market.
There are an overwhelming number of opportunities in the stock markets to make money interpreting the Language of Price.
You don't need to use complex "advanced" strategies that have been created to handle hundreds or billions of dollars.
The reasons for using these FOREX strategies are very different from what a "retail trader" pursues with his small speculation business.
As you can see, you should not worry about wanting to integrate any of these advanced strategies into your arsenal. They are only beneficial for managing hundreds or billions of dollars, where the return parameters are very different when you handle small amounts of capital.
Do not worry about collecting hundreds of free FOREX strategies that circulate on the internet, that great accumulation of mediocre information will only serve to confuse you and waste your valuable time.
Spend that time learning Price Action,
… And you will always be one step behind the Specialists, identifying each new Market condition, and anticipating the vast majority of reversals of all prices.
Ironically, the most successful fund managers indicate that their most profitable trades are those based on the basic trend-following strategies of the Price Language. The same ones that you will learn in this Free Course.
Dedicate yourself to perfecting them and believe me you won't need anything else. As long as you have good risk management, taking into consideration the following points ...

Styles of Investments in FOREX

The Investment FOREX long term is not recommended for small investors like you and me. If we take into account the term investing literally as large investors do who buy a financial product today to sell it years later.
We both have a better niche in the short and medium-term.
You may have noticed that the big multi-year trends in the Forex Market do exist. But minor swings within a big trend are usually very wide.
These minor movements allow us to easily double and triple the annual return of the big general trend, motivating most traders to speculate in the short and medium-term.
These minor oscillations or trends that occur within the large multi-year trends owe their occurrence mainly to two reasons.
First, the FOREX Market presents 3 sessions a day each in different cities of the world with different time zones (Asia, Europe, and America). This causes more frequent trend changes than in the rest of the stock markets.
Second, the purpose for which it was created also plays a role. The modern Foreign Exchange Market, since its inception in 1972, was conceived by the global financial system as a tool for speculation. To obtain benefits in the short and medium-term (from several days to 1 year).
These two points are basically the reasons why we observe the immense speed with which the FOREX market changes trends.
For example, for those who live in America, in the early morning (Europe) the EURUSD pair may be on the rise, in the morning or afternoon (America) it may be down, and then finally at night (Asia) it may return to the rise.

Define your Own Style for your FOREX Investments

One of the first decisions you will have to make is to choose your style as a trader or investor.
There are 4 types of well-defined styles.
Most professional traders tend to have multiple styles, although they always identify with one primary style for their FOREX investments. Study the characteristics of the 4 main styles to make your investments in FOREX :
1. Long Term: recommended for anyone who is going to enter the market for the first time and who can dedicate a minimum of one hour per month to their investments in Forex. The period of an open position ranges from 1 year to 5 years.
2. Medium Term: recommended for anyone who is going to enter the market for the first time and who can dedicate a minimum of one hour per week to their investments in Forex. The period of an open position ranges from 1 month to 1 year.
3. Short Term: recommended for anyone who is going to enter the market for the first time, or who already has a certain time operating in the long and medium-term, showing constant profits, and who can dedicate a minimum of one hour per day to your investments in FOREX. The period of an open position ranges from 1 day to 1 month.
4. Intraday : recommended only for people with a fairly solid earnings record in the short term, and with a capital greater than $ 50,000. As we have noted, this option constitutes a full-time job.
People who start investing in FOREX , should start executing short-term (weeks) and medium-term (months) transactions only, and not pay attention to intraday oscillations (day trading).
If you are interested in being an intraday speculator, I recommend that you first exhaust at least a year doing operations in the short and medium-term to assimilate the correct strategies and to develop the necessary mentality to carry out this work.
The second option would be to participate in some kind of intensive training.
I remind you that self-educating is almost impossible in speculation. You are likely to accumulate a lot of knowledge by reading books and attending courses. But you will probably never learn to make money with all the incomplete "systems" circulating on the internet.

Mistakes to Avoid When Looking for Your Style

Many people who are new to FOREX investments make the mistake of combining these styles, which is a key to failure.
I recommend that if you are not getting the results you expected by adopting one of these styles, do not try to change it. The problem sure is not in the style, but in your strategies or in your psychology.
A successful investor is able to make a profit in any longer trading time than he is used to. I explain. If you are already a profitable operator in the short term, it is very likely that you will also be profitable in the medium and long term,
… As long as you can interpret the Language of Price or Price Action.
In the opposite case, the same would not happen. If you were a medium-term trader, you would need time to adjust to the intraday. The reality is that long, medium and short term traders have very similar personalities. The intraday trader is completely different.

The Myth of the Intraday in Investments in FOREX

If you are already successful in the short, medium and long term, you will notice that the sacrifice and the hours necessary in front of the computer to operate intraday is much greater. The intraday style will be useful to increase your account if it is less than USD $ 100,000 in a very short time in exchange for 8 to 12 hours a day of hard work but ...
You must first develop the necessary skills to operate the intraday.
The ideal is to combine all the styles to get more out of the Market and carry out more effective transactions and have a diversification in your investments in FOREX.
There are intraday traders that are very successful, but the reality is that there are very few in the world that make a profit year after year. If you want to become an intraday, you just have to prepare yourself properly through intensive training.
Otherwise, I recommend that you don't even think about educating yourself to adopt the intraday style. It is not necessary to go against a probability of failure greater than 99%. Unless
... your ego is greater than your common sense.
The main reason why this style of investments in FOREX is not recommended for the vast majority of us "retail investors" (the official term "retail traders"), is the high operational cost.
The real commissions in this market range between $ 2.0 and $ 2.50 for each lot of 100,000 virtual units. This means that a complete operation (opening and closing) is approximately $ 5.00, for each standard lot traded ($ 100,000 virtual).
Another fundamental reason is the advent of robotic traders (HFT = High-Frequency Trading), which tend to manipulate the market in the shorter intraday swings. Please do not confuse HFTs with automated systems that we find daily on the internet, and that can be purchased for a few hundred dollars and often for free on FOREX forums / groups.
These HFTs to which I refer, they are effective. They cost millions of dollars and have been developed by the large Wall Street financial firms to manage their investments in FOREX.
The reality of the intraday trader is that you execute orders for large lots at the same time, to profit from the smallest movements in the market. It is an activity based on reflexes. The slightest oversight or distraction can turn into a catastrophe for your FOREX investments.
I recommend that you start investing in FOREX using slow time periods such as H4 or Daily. For some reason, all Goldman Sachs intraday FOREX investments are made with algorithms.

Finally…

To choose your style as a trader and manage your investments in FOREX, first determine what your degree of experience is, analyze the points mentioned below and the rest you will discover when you execute your first operations.
The points that will affect your decision are:
  • Capital
  • Time available each day
  • Level of Experience
  • Personality
Discovering your style is a search process. For some it will be a long way to find the right time frame that matches their personality. Don't be put off by the falls. After all, those who continue the path despite the falls are the ones who reach the destination.
And I hope you are one of those who get up over and over again. The next lesson will boost your confidence when you discover the main reason that moves currencies ...

Fundamental Analysis in Forex Trading Reddit

The fundamental analysis in Forex is used mostly by long-term investors. Players as we saw in the styles of operators, start a negotiation today, to close it years later.
I always emphasize the importance that the mass media give to this type of analysis to distract the great mass of participants.
It is all part of a great mass psychological manipulation. For centuries the ignorance of the masses has been organized before the great movements begin.
The important news are the macroeconomic reports published by the Central Banks and other government agencies destined for this work. All reports are made up. 99% of them are corrected months later.
These events are tools to justify fundamental analysis and price cleaning movements. Any silly headline does the job. With this, it is possible to absorb most of the existing liquidity, before the new trend phase is projected.

Reaction!

Except in rare situations, the result of an economic report of the fundamental analysis is generally already assimilated in the graph. In most cases, there are financial institutions that already have access to this information and are organizing and carrying out their operations in advance.
The phrase buy the rumor and sell the news is a very old adage on Wall Street. And its meaning contains what we have just explained. For the investor who can interpret the Language of Price, fundamental analysis is of little importance. Well, in general, their disclosure does not indicate that you have to take any action in your open trades , as long as your entry strategy provides you with a good support cushion.
This reality of fundamental analysis causes a lot of confusion for investors who lack in-depth knowledge of the forex market.

Macroeconomic Data

The data published in these events is irrelevant. Both for speculators and for the people in general. They are false. They lack reliability.
The price can go up or down with the same result of the data. The main ones are:
- Interest Rates - GDP (gross domestic product) - CPI (inflation) - ISM (manufacturing index) - NFP (payroll) - Double Deficits (deficit = fiscal + balance of payments)
If you are initiated, I recommend you avoid operating near these events. It is only a matter of having the time pending. Use the economic calendar for Fundamental Analysis of Forex Factory.
There is a probabilistic advantage in operating these fundamental analysis events. But it takes preparation, experience, and practice. They represent a way of diversifying in the general operation of a speculator.

The Uncertainty of Fundamental Analysis

On many occasions after the disclosure of an economic report, the price movement of the currency pair that is going to be affected tends to move in the opposite direction to the logic of the report.
I show you an example of a fundamental analysis report. Imagine that the EUR / USD pair is trading at 1.2500, and the FED (US Federal Reserve) issues a statement announcing that it has just raised inter-bank interest rates from 0.25 points to 0.75 points. Very positive news for the US dollar that logically implies an appreciation of the currency and consequently an instantaneous collapse of the EUR / USD pair (up the dollar and down the euro)
However, minutes after the release of said fundamental analysis report, the pair after effectively collapsing to 1.2400, returns and returns to its levels prior to the report (1.2500). This situation is very common , but it is not so easy to identify it when it is occurring, but after the damage is done.
Traps like these devour the accounts of beginners who approach the market with little experience, with weak strategies, and especially with very little experience.
That is why I reiterate that you forget the fundamental analysis for now. Just keep in mind when operating, that there is no publication scheduled nearby. Just check the economic calendar for the day and forget about the numbers. Let the economists mess around with the data.

FOREX Market Correlation

The Forex market correlation exists between pairs with similar "base" currencies and not always under the same circumstances. The correlation in the Forex market that is most followed and that has the greatest impact on fundamental analysis is that of the US dollar (USD).
The USD is the most traded monetary unit with a volume greater than 80% with respect to the rest of the currencies. This fact determines why their correlation is the most important, the most followed, and perhaps the only one worth following in the fundamental macro analysis.
The 7 major pairs are usually in sync . These 7 pairs all include the USD and present a fundamental analysis correlation almost 75% of the time. Influencing the rest of the currency pairs.

Advantages of the FOREX Market Correlation

In the fundamental analysis the most basic FOREX correlation is the following. When the USD appreciates, the USD / CAD, USD / CHF, and USD / JPY pairs tend to go up in price. This indicates that the Canadian dollar (CAD), the Swiss franc (CHF), and the Japanese yen (JPY) are losing value against the USD.
We must bear in mind that this correlation does not occur 100% of the time. In fact, the JPY generally tends to move in the opposite direction , since in recent decades this currency has been used as a source of financing to invest in other financial instruments.
On the other side is the FOREX market correlation that generates a movement almost in unison in the other 4 major pairs EUR / USD, GBP / USD, AUD / USD, and NZD / USD. These tend to fall in price, homologous the appreciation of the USD. But not always.
In this case the fundamental analysis correlation works most of the time, between 65 and 85% of the time. Small differences are noted in the extent that each of these pairs experiences.
There is also a correlation in the secondary FOREX market, where the pairs of all currencies that do not include the USD participate, but I recommend you not to waste time on them for now. There are more important things about the Language of Price to know first.

FOREX Commodity Correlation

In this part I will explain to you in a basic way the Correlation Commodities - FOREX of the fundamental analysis.
There are three currencies that have a direct correlation with commodities. They are usually called: "COMDOLLS" which is short for "Commodities Dollars" (Commodities Dollars), since all three obey the dollar denomination. These are:
- The New Zealand Dollar (NZD) - The Australian Dollar (AUD) - The Canadian Dollar (CAD)
These three currencies make up the group of the 8 largest together with the euro, the pound, the yen, the franc and the US dollar. Together, they merge to produce the major pairs traded in the FOREX Foreign Exchange Market.
The FOREX Commodity Correlation has an affinity in most cases greater than 75%. And each of them has its different raw material of correlation. You will notice that the NZD and the AUD are two currencies that act practically in unison. Both present minimal discrepancies in their fluctuations in the short, medium and long term.
This is mainly because their economies are very similar and their economic and fiscal policies are too. Their main production items also show great similarities, despite the fact that the Australian economy is much larger than the New Zealand economy.
The raw materials that follow the movement of the AUD are mainly gold and copper. If you put the history of these three quotes during the last decade of the year 2,000 together on the same chart, you will notice a very similar upward movement between the three quotes. Pure correlation of fundamental analysis.
This strong correlation with commodities in the metals area for the AUD has provided Australia with an economic advantage enviable over the other major powers that have seen their currencies devalue sharply against the AUD. At the same time, they experience a constant decrease in the purchasing power of their citizens.
The NZD maintains a correlation with raw materials related to agriculture and livestock, mainly including milk and its derivatives. It is one of the countries that dominates the world export of these economic items, and also has important exports of metals , although in smaller quantities than Australia.
Finally, you have a correlation with raw materials in the energy area. For historical reasons the CAD, which is not the largest oil producer in the world, but an important supplier to the largest consumer that is the US, has seen its currency oscillate in line with oil prices.
To make long-term investments in the Foreign Exchange Market, it is necessary to take into consideration at least one Commodity Correlation - FOREX in your fundamental analysis.

Forex Technical Analysis Reddit

The technical analysis is the methodology that interprets the movements of the price. Specialists look for liquidity to fund their business. The repetition of the strategies used by the specialists in their work generate repetitive patterns.
If you were an analyst, you would develop the visual ability to identify such patterns on a graph. If you were a programmer you would quantify them mathematically using complex formulas.
And if you could learn to interpret the Language of Price, you would have the ability to anticipate 90% of all movements that occur on a chart. And in this business, anticipating is what will make you money.
Market prices are reflected and framed on a horizontal time axis and a vertical price axis. Prices go up or down according to the aggressiveness of the participating operators. In an efficient or balanced market these oscillations should be imperceptible.
But in reality this is not the case, since the Market works thanks to the digital printing of hundreds of billions of units of paper money systematically distributed by the Central Banks through the banking system. These resources serve as a tool to manipulate 100% of the movements that occur in the FOREX Market.
Are you looking for Technical Indicators? All technical indicators were created from the 70's. How do you think that for more than 200 years the speculators of the past accumulated great wealth?
With the Language of Price. The best timing is given by the price itself. Indicator-generated entry signals usually occur at the wrong time.
The basis of technical analysis is human psychology. Unfortunately, human beings are not perfect and are loaded with emotions that dominate their behavior in similar situations, creating repetitive and highly predictable behavior when it occurs in masses.
The study of technical analysis through indicators and subjective training, originates and shapes the collective thinking on which all the traps that specialists execute every day to maintain their business are designed. If the majority won, the Market would cease to exist.
Although you already know that the patterns are not generated by the masses , but the repetitive behavior of the Specialists in the face of the action response of the masses. It is very easy for speculaists, because they can see everyone's orders in their books.
And they also exert a great influence on the decisions of the masses through the mass media. It is what I call the war between the Egg and the Stone , if you hit me you win and if I hit you also you win.

The Deception of Modern Technical Analysis

Through the centuries thousands of people have been able to extract great benefits from the financial markets by applying the basic strategies of technical analysis and the psychology of the Price Language.
More than 200 years ago when the markets began to operate officially, fundamental analysis predominated, which was only used by large financial institutions. As this analysis tool began to become popular, these institutions began to apply the strategies of technical analysis.
In recent decades and with the massification of internet technology, technical analysis has begun to be handled by anyone who has a computer with internet access. The same financial institutions, which have been present for more than a century and as a result of this overcrowding , establish a strategy to confuse and misinform about the true strategies of technical analysis.
This has been accomplished in the following manner. Currently there are hundreds, if not thousands of technical indicators that have been developed by so-called "gurus" of technical analysis and that sell their magic indicators packed in a "system" or "method" that usually cost thousands of dollars, or simply with the publication of a book with which they generate large profits. Double benefit.
The aim is to confuse the initiates in speculation and create the collective mentality that will originate the same behaviors over and over again. About 95% of these new entrants completely lose all the capital they invest in their early stages as investors.
Leaving them with a negative experience and creating the idea and the image that financial markets are an exclusive area for geniuses with high academic levels and that only they can produce returns in the markets year after year.
The initiate, having lost all his original capital, turns to these “gurus” for help and teachings. You spend more capital on the products they offer you and the cycle repeats itself . Obviously, the vast majority do not relapse and completely forget to re-engage in the stock markets.
I hope you have not been a victim of this drama.
Now I will show you the simplicity of a FOREX technical analysis , without the need to resort to any indicator as a tool to determine an effective entry or exit strategy when planning your operations.

The Price Cycle

Previously you studied in the FOREX strategies lesson, that the typical price cycle when it is reflected in a graph, presents four very specific phases and very easy to identify if you perform a technical analysis with common sense . These are:
  • Accumulation
  • Bullish trend
  • Distribution
  • Bearish trend
Remember also that the most effective way to constantly extract profits in the markets is by taking advantage of phases 2 and 4 (the trends). Combined with a correct reading of the collective behavior of the masses of speculators interpreting the Language of Price.
You will be surprised by the simplicity with which thousands of people around the world and over the centuries have accumulated large sums of money by drawing a few simple lines and applying responsible risk management with their capital.

How to Identify Trends?

Being able to determine the trend phases within the price cycle is the essence of technical analysis since it is these two phases that provide you with the probabilistic advantage you need to operate in the markets and obtain constant returns.
In the most plain and simple language, in the world of technical analysis, there are only two types of formations: trends and ranges.
The trends, in turn, can be bullish if they go up, or bearish if they go down. The ranges, on the other hand, can be accumulation if they are at the beginning of the cycle, or distribution if they are in the high part of the cycle. As I had indicated in the topic of FOREX strategies when describing the price cycle.
This sounds more like a play on words, but I will show you the practical definition to simplify your life and then you will apply these definitions on the graph so that everything makes more sense to you.
  • Bullish trend: a succession of major highs and major lows
  • Bearish trend: a succession of minor highs and minor lows
  • Floor Range: equal highs and varied lows
  • Ceiling Range: equal minimums and varied maximums
https://preview.redd.it/vvmsshf0guv51.png?width=600&format=png&auto=webp&s=c321679a7dcc03f7184778be86379ef442fddf91
Some key points from the graph:
  • The start of this big uptrend was detected when the last high (thick green line) of the previous downtrend was broken to the upside, ending the succession of lower highs, while exiting the lateral floor formation.
  • The succession of major lows in the uptrend (thin blue lines)
  • The succession of major highs in the uptrend (thin green lines)
  • The end of the uptrend was detected when the last low (thick blue line) of the uptrend was broken to the downside, ending the succession of higher lows, while exiting the lateral ceiling formation.
A tool that will help you sharpen your technical eye and identify trends on the chart is the Currency Scanner. This application is very effective and will provide you with a much-needed boost in your operations to identify reliable trends. At first, we are not sure how reliable a trend is. You will receive great help to find opportunities with the Currency Scanner .

The Common Sense, The Less Common of Senses

The central idea of ​​technical analysis consists in determining the price situation of a market, that is, in which phase of the pattern of its cycle it is currently conjugated with the collective thinking of the masses and the possible traps that the market would have prepared to remove. the capital at stake by the public.
To carry out a precise technical analysis, you will use the support and resistance lines, which can be static (horizontal) or dynamic (projecting an angle with respect to the horizontal axis).
Your common sense prevails here.
If you show a 10-year-old a chart, they will be able to tell you if the price is going up or down. You will most likely have no idea how to draw the lines, but you will be able to establish the general trend. Simply using your common sense.
By introducing indicators and other gadgets , the simplicity and effectiveness of the technical analysis created by your common sense evaporates.
The following graph conceptually shows you all the possible situations in which you could draw these lines to carry out your technical analysis of the place. You can clearly observe a downtrend delimited by its dynamic trend line and an uptrend on the right side with its respective dynamic delimitation.
https://preview.redd.it/5iehg0r6guv51.png?width=500&format=png&auto=webp&s=84c265a5d35da7ea970792c4bf40fe20b33bd8bd

Forex Charts Analysis

I want to remind you that the formations or patterns that develop on the charts (triangles, wedges, pennants, boxes, etc.) only work to execute trades that have initially been confirmed by the static support and resistance lines and to read the collective thinking of the masses.
Chart formations work, but you must know the Language of Price to determine when the Specialists will exploit a chartist figure, or when they will allow it to run. In fact, you will learn with the Language that you can operate a chart figure in any direction.
Much of the "mentalization" that the masses receive is to believe that the figures are made to be respected. Which is an inefficient way of working. Simply because you could wait days or months for a perfect chart figure to occur in order to perform a reliable trade. When in fact there are dozens every day.

Japanese Candles

Of all the tools you have to carry out technical analysis, perhaps the best known and most popular is the Japanese technique of candles (candlesticks).
Candles are mainly used to identify reversal points on the chart without resorting to confirmation of horizontal trend lines and only using a previous bar or candle breaks.
Its correct use is subject to a multi-time analysis (multiple temporalities) and a general evaluation of the context proposed by the market in general at the time of each scenario.
Later I will show you all the important details to take into account so that you use Japanese candles in a simple and very effective way.
Do not forget ... Trading in your beginnings based on formations (chartism) and candlestick patterns conjugated with hundreds of tools and technical indicators, constitutes the perfect path to your failure. Before using any strategy or technique I recommend you focus on learning the Price Language, which includes 3 basic things:
  • The Price: structure and dynamics
  • Market sentiment: relative strength, external shocks, etc.
  • Psychology: flexible mindset and risk acceptance
After you acquire this solid foundation, I guarantee that you will be able to trade any trading system that exists, any strategy, technique or chart figure in a profitable and consistent manner.
Specialists make money every day at the expense of the collective behavior caused by the use of these strategies and techniques. With which you will only manage to lose your capital and your time by putting the cart in front of the horse.
People who do the opposite, at best become,
... Philosophers of Speculation, or indocile Robot Assistants or Expert Advisors.
To make money in any market condition, range or trend, you must use the technical analysis based on the Price Language and combine it with a correct psychological reading of the price. This knowledge can only be acquired through proper education and lots of supervised practice. Like any other career in life.
I hope you've found this guide helpful!
submitted by kayakero to makemoneyforexreddit [link] [comments]

Where is Bitcoin Going and When?

Where is Bitcoin Going and When?

The Federal Reserve and the United States government are pumping extreme amounts of money into the economy, already totaling over $484 billion. They are doing so because it already had a goal to inflate the United States Dollar (USD) so that the market can continue to all-time highs. It has always had this goal. They do not care how much inflation goes up by now as we are going into a depression with the potential to totally crash the US economy forever. They believe the only way to save the market from going to zero or negative values is to inflate it so much that it cannot possibly crash that low. Even if the market does not dip that low, inflation serves the interest of powerful people.
The impending crash of the stock market has ramifications for Bitcoin, as, though there is no direct ongoing-correlation between the two, major movements in traditional markets will necessarily affect Bitcoin. According to the Blockchain Center’s Cryptocurrency Correlation Tool, Bitcoin is not correlated with the stock market. However, when major market movements occur, they send ripples throughout the financial ecosystem which necessary affect even ordinarily uncorrelated assets.
Therefore, Bitcoin will reach X price on X date after crashing to a price of X by X date.

Stock Market Crash

The Federal Reserve has caused some serious consternation with their release of ridiculous amounts of money in an attempt to buoy the economy. At face value, it does not seem to have any rationale or logic behind it other than keeping the economy afloat long enough for individuals to profit financially and politically. However, there is an underlying basis to what is going on which is important to understand in order to profit financially.
All markets are functionally price probing systems. They constantly undergo a price-discovery process. In a fiat system, money is an illusory and a fundamentally synthetic instrument with no intrinsic value – similar to Bitcoin. The primary difference between Bitcoin is the underlying technology which provides a slew of benefits that fiat does not. Fiat, however, has an advantage in being able to have the support of powerful nation-states which can use their might to insure the currency’s prosperity.
Traditional stock markets are composed of indices (pl. of index). Indices are non-trading market instruments which are essentially summaries of business values which comprise them. They are continuously recalculated throughout a trading day, and sometimes reflected through tradable instruments such as Exchange Traded Funds or Futures. Indices are weighted by market capitalizations of various businesses.
Price theory essentially states that when a market fails to take out a new low in a given range, it will have an objective to take out the high. When a market fails to take out a new high, it has an objective to make a new low. This is why price-time charts go up and down, as it does this on a second-by-second, minute-by-minute, day-by-day, and even century-by-century basis. Therefore, market indices will always return to some type of bull market as, once a true low is formed, the market will have a price objective to take out a new high outside of its’ given range – which is an all-time high. Instruments can only functionally fall to zero, whereas they can grow infinitely.
So, why inflate the economy so much?
Deflation is disastrous for central banks and markets as it raises the possibility of producing an overall price objective of zero or negative values. Therefore, under a fractional reserve system with a fiat currency managed by a central bank – the goal of the central bank is to depreciate the currency. The dollar is manipulated constantly with the intention of depreciating its’ value.
Central banks have a goal of continued inflated fiat values. They tend to ordinarily contain it at less than ten percent (10%) per annum in order for the psyche of the general populace to slowly adjust price increases. As such, the markets are divorced from any other logic. Economic policy is the maintenance of human egos, not catering to fundamental analysis. Gross Domestic Product (GDP) growth is well-known not to be a measure of actual growth or output. It is a measure of increase in dollars processed. Banks seek to produce raising numbers which make society feel like it is growing economically, making people optimistic. To do so, the currency is inflated, though inflation itself does not actually increase growth. When society is optimistic, it spends and engages in business – resulting in actual growth. It also encourages people to take on credit and debts, creating more fictional fiat.
Inflation is necessary for markets to continue to reach new heights, generating positive emotional responses from the populace, encouraging spending, encouraging debt intake, further inflating the currency, and increasing the sale of government bonds. The fiat system only survives by generating more imaginary money on a regular basis.
Bitcoin investors may profit from this by realizing that stock investors as a whole always stand to profit from the market so long as it is managed by a central bank and does not collapse entirely. If those elements are filled, it has an unending price objective to raise to new heights. It also allows us to realize that this response indicates that the higher-ups believe that the economy could crash in entirety, and it may be wise for investors to have multiple well-thought-out exit strategies.

Economic Analysis of Bitcoin

The reason why the Fed is so aggressively inflating the economy is due to fears that it will collapse forever or never rebound. As such, coupled with a global depression, a huge demand will appear for a reserve currency which is fundamentally different than the previous system. Bitcoin, though a currency or asset, is also a market. It also undergoes a constant price-probing process. Unlike traditional markets, Bitcoin has the exact opposite goal. Bitcoin seeks to appreciate in value and not depreciate. This has a quite different affect in that Bitcoin could potentially become worthless and have a price objective of zero.
Bitcoin was created in 2008 by a now famous mysterious figure known as Satoshi Nakamoto and its’ open source code was released in 2009. It was the first decentralized cryptocurrency to utilize a novel protocol known as the blockchain. Up to one megabyte of data may be sent with each transaction. It is decentralized, anonymous, transparent, easy to set-up, and provides myriad other benefits. Bitcoin is not backed up by anything other than its’ own technology.
Bitcoin is can never be expected to collapse as a framework, even were it to become worthless. The stock market has the potential to collapse in entirety, whereas, as long as the internet exists, Bitcoin will be a functional system with a self-authenticating framework. That capacity to persist regardless of the actual price of Bitcoin and the deflationary nature of Bitcoin means that it has something which fiat does not – inherent value.
Bitcoin is based on a distributed database known as the “blockchain.” Blockchains are essentially decentralized virtual ledger books, replete with pages known as “blocks.” Each page in a ledger is composed of paragraph entries, which are the actual transactions in the block.
Blockchains store information in the form of numerical transactions, which are just numbers. We can consider these numbers digital assets, such as Bitcoin. The data in a blockchain is immutable and recorded only by consensus-based algorithms. Bitcoin is cryptographic and all transactions are direct, without intermediary, peer-to-peer.
Bitcoin does not require trust in a central bank. It requires trust on the technology behind it, which is open-source and may be evaluated by anyone at any time. Furthermore, it is impossible to manipulate as doing so would require all of the nodes in the network to be hacked at once – unlike the stock market which is manipulated by the government and “Market Makers”. Bitcoin is also private in that, though the ledge is openly distributed, it is encrypted. Bitcoin’s blockchain has one of the greatest redundancy and information disaster recovery systems ever developed.
Bitcoin has a distributed governance model in that it is controlled by its’ users. There is no need to trust a payment processor or bank, or even to pay fees to such entities. There are also no third-party fees for transaction processing. As the ledge is immutable and transparent it is never possible to change it – the data on the blockchain is permanent. The system is not easily susceptible to attacks as it is widely distributed. Furthermore, as users of Bitcoin have their private keys assigned to their transactions, they are virtually impossible to fake. No lengthy verification, reconciliation, nor clearing process exists with Bitcoin.
Bitcoin is based on a proof-of-work algorithm. Every transaction on the network has an associated mathetical “puzzle”. Computers known as miners compete to solve the complex cryptographic hash algorithm that comprises that puzzle. The solution is proof that the miner engaged in sufficient work. The puzzle is known as a nonce, a number used only once. There is only one major nonce at a time and it issues 12.5 Bitcoin. Once it is solved, the fact that the nonce has been solved is made public.
A block is mined on average of once every ten minutes. However, the blockchain checks every 2,016,000 minutes (approximately four years) if 201,600 blocks were mined. If it was faster, it increases difficulty by half, thereby deflating Bitcoin. If it was slower, it decreases, thereby inflating Bitcoin. It will continue to do this until zero Bitcoin are issued, projected at the year 2140. On the twelfth of May, 2020, the blockchain will halve the amount of Bitcoin issued when each nonce is guessed. When Bitcoin was first created, fifty were issued per block as a reward to miners. 6.25 BTC will be issued from that point on once each nonce is solved.
Unlike fiat, Bitcoin is a deflationary currency. As BTC becomes scarcer, demand for it will increase, also raising the price. In this, BTC is similar to gold. It is predictable in its’ output, unlike the USD, as it is based on a programmed supply. We can predict BTC’s deflation and inflation almost exactly, if not exactly. Only 21 million BTC will ever be produced, unless the entire network concedes to change the protocol – which is highly unlikely.
Some of the drawbacks to BTC include congestion. At peak congestion, it may take an entire day to process a Bitcoin transaction as only three to five transactions may be processed per second. Receiving priority on a payment may cost up to the equivalent of twenty dollars ($20). Bitcoin mining consumes enough energy in one day to power a single-family home for an entire week.

Trading or Investing?

The fundamental divide in trading revolves around the question of market structure. Many feel that the market operates totally randomly and its’ behavior cannot be predicted. For the purposes of this article, we will assume that the market has a structure, but that that structure is not perfect. That market structure naturally generates chart patterns as the market records prices in time. In order to determine when the stock market will crash, causing a major decline in BTC price, we will analyze an instrument, an exchange traded fund, which represents an index, as opposed to a particular stock. The price patterns of the various stocks in an index are effectively smoothed out. In doing so, a more technical picture arises. Perhaps the most popular of these is the SPDR S&P Standard and Poor 500 Exchange Traded Fund ($SPY).
In trading, little to no concern is given about value of underlying asset. We are concerned primarily about liquidity and trading ranges, which are the amount of value fluctuating on a short-term basis, as measured by volatility-implied trading ranges. Fundamental analysis plays a role, however markets often do not react to real-world factors in a logical fashion. Therefore, fundamental analysis is more appropriate for long-term investing.
The fundamental derivatives of a chart are time (x-axis) and price (y-axis). The primary technical indicator is price, as everything else is lagging in the past. Price represents current asking price and incorrectly implementing positions based on price is one of the biggest trading errors.
Markets and currencies ordinarily have noise, their tendency to back-and-fill, which must be filtered out for true pattern recognition. That noise does have a utility, however, in allowing traders second chances to enter favorable positions at slightly less favorable entry points. When you have any market with enough liquidity for historical data to record a pattern, then a structure can be divined. The market probes prices as part of an ongoing price-discovery process. Market technicians must sometimes look outside of the technical realm and use visual inspection to ascertain the relevance of certain patterns, using a qualitative eye that recognizes the underlying quantitative nature
Markets and instruments rise slower than they correct, however they rise much more than they fall. In the same vein, instruments can only fall to having no worth, whereas they could theoretically grow infinitely and have continued to grow over time. Money in a fiat system is illusory. It is a fundamentally synthetic instrument which has no intrinsic value. Hence, the recent seemingly illogical fluctuations in the market.
According to trade theory, the unending purpose of a market or instrument is to create and break price ranges according to the laws of supply and demand. We must determine when to trade based on each market inflection point as defined in price and in time as opposed to abandoning the trend (as the contrarian trading in this sub often does). Time and Price symmetry must be used to be in accordance with the trend. When coupled with a favorable risk to reward ratio, the ability to stay in the market for most of the defined time period, and adherence to risk management rules; the trader has a solid methodology for achieving considerable gains.
We will engage in a longer term market-oriented analysis to avoid any time-focused pressure. The Bitcoin market is open twenty-four-hours a day, so trading may be done when the individual is ready, without any pressing need to be constantly alert. Let alone, we can safely project months in advance with relatively high accuracy. Bitcoin is an asset which an individual can both trade and invest, however this article will be focused on trading due to the wide volatility in BTC prices over the short-term.

Technical Indicator Analysis of Bitcoin

Technical indicators are often considered self-fulfilling prophecies due to mass-market psychology gravitating towards certain common numbers yielded from them. They are also often discounted when it comes to BTC. That means a trader must be especially aware of these numbers as they can prognosticate market movements. Often, they are meaningless in the larger picture of things.
  • Volume – derived from the market itself, it is mostly irrelevant. The major problem with volume for stocks is that the US market open causes tremendous volume surges eradicating any intrinsic volume analysis. This does not occur with BTC, as it is open twenty-four-seven. At major highs and lows, the market is typically anemic. Most traders are not active at terminal discretes (peaks and troughs) because of levels of fear. Volume allows us confidence in time and price symmetry market inflection points, if we observe low volume at a foretold range of values. We can rationalize that an absolute discrete is usually only discovered and anticipated by very few traders. As the general market realizes it, a herd mentality will push the market in the direction favorable to defending it. Volume is also useful for swing trading, as chances for swing’s validity increases if an increase in volume is seen on and after the swing’s activation. Volume is steadily decreasing. Lows and highs are reached when volume is lower.
Therefore, due to the relatively high volume on the 12th of March, we can safely determine that a low for BTC was not reached.
  • VIX – Volatility Index, this technical indicator indicates level of fear by the amount of options-based “insurance” in portfolios. A low VIX environment, less than 20 for the S&P index, indicates a stable market with a possible uptrend. A high VIX, over 20, indicates a possible downtrend. VIX is essentially useless for BTC as BTC-based options do not exist. It allows us to predict the market low for $SPY, which will have an indirect impact on BTC in the short term, likely leading to the yearly low. However, it is equally important to see how VIX is changing over time, if it is decreasing or increasing, as that indicates increasing or decreasing fear. Low volatility allows high leverage without risk or rest. Occasionally, markets do rise with high VIX.
As VIX is unusually high, in the forties, we can be confident that a downtrend for the S&P 500 is imminent.
  • RSI (Relative Strength Index): The most important technical indicator, useful for determining highs and lows when time symmetry is not availing itself. Sometimes analysis of RSI can conflict in different time frames, easiest way to use it is when it is at extremes – either under 30 or over 70. Extremes can be used for filtering highs or lows based on time-and-price window calculations. Highly instructive as to major corrective clues and indicative of continued directional movement. Must determine if longer-term RSI values find support at same values as before. It is currently at 73.56.
  • Secondly, RSI may be used as a high or low filter, to observe the level that short-term RSI reaches in counter-trend corrections. Repetitions based on market movements based on RSI determine how long a trade should be held onto. Once a short term RSI reaches an extreme and stay there, the other RSI’s should gradually reach the same extremes. Once all RSI’s are at extreme highs, a trend confirmation should occur and RSI’s should drop to their midpoint.

Trend Definition Analysis of Bitcoin

Trend definition is highly powerful, cannot be understated. Knowledge of trend logic is enough to be a profitable trader, yet defining a trend is an arduous process. Multiple trends coexist across multiple time frames and across multiple market sectors. Like time structure, it makes the underlying price of the instrument irrelevant. Trend definitions cannot determine the validity of newly formed discretes. Trend becomes apparent when trades based in counter-trend inflection points continue to fail.
Downtrends are defined as an instrument making lower lows and lower highs that are recurrent, additive, qualified swing setups. Downtrends for all instruments are similar, except forex. They are fast and complete much quicker than uptrends. An average downtrend is 18 months, something which we will return to. An uptrend inception occurs when an instrument reaches a point where it fails to make a new low, then that low will be tested. After that, the instrument will either have a deep range retracement or it may take out the low slightly, resulting in a double-bottom. A swing must eventually form.
A simple way to roughly determine trend is to attempt to draw a line from three tops going upwards (uptrend) or a line from three bottoms going downwards (downtrend). It is not possible to correctly draw a downtrend line on the BTC chart, but it is possible to correctly draw an uptrend – indicating that the overall trend is downwards. The only mitigating factor is the impending stock market crash.

Time Symmetry Analysis of Bitcoin

Time is the movement from the past through the present into the future. It is a measurement in quantified intervals. In many ways, our perception of it is a human construct. It is more powerful than price as time may be utilized for a trade regardless of the market inflection point’s price. Were it possible to perfectly understand time, price would be totally irrelevant due to the predictive certainty time affords. Time structure is easier to learn than price, but much more difficult to apply with any accuracy. It is the hardest aspect of trading to learn, but also the most rewarding.
Humans do not have the ability to recognize every time window, however the ability to define market inflection points in terms of time is the single most powerful trading edge. Regardless, price should not be abandoned for time alone. Time structure analysis It is inherently flawed, as such the markets have a fail-safe, which is Price Structure. Even though Time is much more powerful, Price Structure should never be completely ignored. Time is the qualifier for Price and vice versa. Time can fail by tricking traders into counter-trend trading.
Time is a predestined trade quantifier, a filter to slow trades down, as it allows a trader to specifically focus on specific time windows and rest at others. It allows for quantitative measurements to reach deterministic values and is the primary qualifier for trends. Time structure should be utilized before price structure, and it is the primary trade criterion which requires support from price. We can see price structure on a chart, as areas of mathematical support or resistance, but we cannot see time structure.
Time may be used to tell us an exact point in the future where the market will inflect, after Price Theory has been fulfilled. In the present, price objectives based on price theory added to possible future times for market inflection points give us the exact time of market inflection points and price.
Time Structure is repetitions of time or inherent cycles of time, occurring in a methodical way to provide time windows which may be utilized for inflection points. They are not easily recognized and not easily defined by a price chart as measuring and observing time is very exact. Time structure is not a science, yet it does require precise measurements. Nothing is certain or definite. The critical question must be if a particular approach to time structure is currently lucrative or not.
We will measure it in intervals of 180 bars. Our goal is to determine time windows, when the market will react and when we should pay the most attention. By using time repetitions, the fact that market inflection points occurred at some point in the past and should, therefore, reoccur at some point in the future, we should obtain confidence as to when SPY will reach a market inflection point. Time repetitions are essentially the market’s memory. However, simply measuring the time between two points then trying to extrapolate into the future does not work. Measuring time is not the same as defining time repetitions. We will evaluate past sessions for market inflection points, whether discretes, qualified swings, or intra-range. Then records the times that the market has made highs or lows in a comparable time period to the future one seeks to trade in.
What follows is a time Histogram – A grouping of times which appear close together, then segregated based on that closeness. Time is aligned into combined histogram of repetitions and cycles, however cycles are irrelevant on a daily basis. If trading on an hourly basis, do not use hours.
  • Yearly Lows (last seven years): 1/1/13, 4/10/14, 1/15/15, 1/17/16, 1/1/17, 12/15/18, 2/6/19
  • Monthly Mode: 1, 1, 1, 1, 2, 4, 12
  • Daily Mode: 1, 1, 6, 10, 15, 15, 17
  • Monthly Lows (for the last year): 3/12/20 (10:00pm), 2/28/20 (7:09am), 1/2/20 (8:09pm), 12/18/19 (8:00am), 11/25/19 (1:00am), 10/24/19 (2:59am), 9/30/19 (2:59am), 8/29,19 (4:00am), 7/17/19 (7:59am), 6/4/19 (5:59pm), 5/1/19 (12:00am), 4/1/19 (12:00am)
  • Daily Lows Mode for those Months: 1, 1, 2, 4, 12, 17, 18, 24, 25, 28, 29, 30
  • Hourly Lows Mode for those Months (Military time): 0100, 0200, 0200, 0400, 0700, 0700, 0800, 1200, 1200, 1700, 2000, 2200
  • Minute Lows Mode for those Months: 00, 00, 00, 00, 00, 00, 09, 09, 59, 59, 59, 59
  • Day of the Week Lows (last twenty-six weeks):
Weighted Times are repetitions which appears multiple times within the same list, observed and accentuated once divided into relevant sections of the histogram. They are important in the presently defined trading time period and are similar to a mathematical mode with respect to a series. Phased times are essentially periodical patterns in histograms, though they do not guarantee inflection points
Evaluating the yearly lows, we see that BTC tends to have its lows primarily at the beginning of every year, with a possibility of it being at the end of the year. Following the same methodology, we get the middle of the month as the likeliest day. However, evaluating the monthly lows for the past year, the beginning and end of the month are more likely for lows.
Therefore, we have two primary dates from our histogram.
1/1/21, 1/15/21, and 1/29/21
2:00am, 8:00am, 12:00pm, or 10:00pm
In fact, the high for this year was February the 14th, only thirty days off from our histogram calculations.
The 8.6-Year Armstrong-Princeton Global Economic Confidence model states that 2.15 year intervals occur between corrections, relevant highs and lows. 2.15 years from the all-time peak discrete is February 9, 2020 – a reasonably accurate depiction of the low for this year (which was on 3/12/20). (Taking only the Armstrong model into account, the next high should be Saturday, April 23, 2022). Therefore, the Armstrong model indicates that we have actually bottomed out for the year!
Bear markets cannot exist in perpetuity whereas bull markets can. Bear markets will eventually have price objectives of zero, whereas bull markets can increase to infinity. It can occur for individual market instruments, but not markets as a whole. Since bull markets are defined by low volatility, they also last longer. Once a bull market is indicated, the trader can remain in a long position until a new high is reached, then switch to shorts. The average bear market is eighteen months long, giving us a date of August 19th, 2021 for the end of this bear market – roughly speaking. They cannot be shorter than fifteen months for a central-bank controlled market, which does not apply to Bitcoin. (Otherwise, it would continue until Sunday, September 12, 2021.) However, we should expect Bitcoin to experience its’ exponential growth after the stock market re-enters a bull market.
Terry Laundy’s T-Theory implemented by measuring the time of an indicator from peak to trough, then using that to define a future time window. It is similar to an head-and-shoulders pattern in that it is the process of forming the right side from a synthetic technical indicator. If the indicator is making continued lows, then time is recalculated for defining the right side of the T. The date of the market inflection point may be a price or indicator inflection date, so it is not always exactly useful. It is better to make us aware of possible market inflection points, clustered with other data. It gives us an RSI low of May, 9th 2020.
The Bradley Cycle is coupled with volatility allows start dates for campaigns or put options as insurance in portfolios for stocks. However, it is also useful for predicting market moves instead of terminal dates for discretes. Using dates which correspond to discretes, we can see how those dates correspond with changes in VIX.
Therefore, our timeline looks like:
  • 2/14/20 – yearly high ($10372 USD)
  • 3/12/20 – yearly low thus far ($3858 USD)
  • 5/9/20 – T-Theory true yearly low (BTC between 4863 and 3569)
  • 5/26/20 – hashrate difficulty halvening
  • 11/14/20 – stock market low
  • 1/15/21 – yearly low for BTC, around $8528
  • 8/19/21 – end of stock bear market
  • 11/26/21 – eighteen months from halvening, average peak from halvenings (BTC begins rising from $3000 area to above $23,312)
  • 4/23/22 – all-time high
Taken from my blog: http://aliamin.info/2020/
submitted by aibnsamin1 to Bitcoin [link] [comments]

How to Make Money Online

How to Make Money Online
When the internet first started, there were a few
lucky people who were able to take its full potential
and made a lot of money out of it. These online
businessmen pioneers were there to see how powerful
the internet can be and took advantage of it right
away. Today, however, you will see that almost every
type of online business is congested. There is
simply too much competition and you need to double
your efforts in order for your online business to
stand out from the rest. If you want to make money
online today, then you may want to try out new forms
of income making businesses from the internet.

make money online
So, just what are the new ways to make money online?

  1. First of all, if you have a new kind of online
business that only a few people know about, then you can
be sure that you will be able to take a big slice of
the big pie. On the internet, being the first is the
one who will always profit. You should be able to take
advantage of something that has potential early on in
order for you to avoid a lot of competition.

So, here are some of the new ways to make money
online.

The first is by becoming an online stock or FOREX
trader. Thanks to the power of the internet, the stock
market, and the FOREX market have made available for
everyone to trade. Also, you don’t even need to have
hundreds of thousands of dollars in order for you to
start investing in the stock market or even in the
FOREX market. With a few hundred dollars, you can
start trading.

Today, you will see that there are quite a lot of
online stock and FOREX brokerage websites that offer
online stock or FOREX trading. What you need to do is
sign up with the website, open an account, invest a
the minimum amount of money, and start trading.

All these things can happen right at the comforts of
your own home. As you can see, you don’t need to be on
the market floor to trade, and you don’t even have to
own a multinational company to do so. With a computer
with an active internet connection and some money to
invest, you will be able to start trading stocks or
currency.

Another new way to make money online is by becoming a
blogger. Many companies today are now trying to
outsource manpower because it is a lot cheaper and
more efficient to do so. Besides, by outsourcing
things that are not really that vital for the company,
you will be able to free up more office space that can
be used for things that are vital for the survival of
the company, such as expanding the research and
development department.

Bloggers are one of the positions that companies today
outsource. Although it is not really an important part
of the company, you have to remember that many people
today are now visiting the World Wide Web. Even if a
company is already well known and has a steady flow of
consumers, you have to remember that they will do
whatever it takes in order to get more people to buy
from them. So, because people are constantly visiting
the internet today, companies will hire bloggers to
write about their products and posting it on various
websites that are owned by the company.

The great thing about being a blogger is that they pay
is actually quite good, and you will be able to work
right at the comforts of your own home.

As you can see, there are quite a lot of ways to earn
money online. These are just some of the new forms of
income generating jobs and businesses from the
internet that you can try.
submitted by ivanka_TP to u/ivanka_TP [link] [comments]

Commodity CFDS, Trading Commodities Tips For Beginners

Before you start talking of Commodity trading, you need to understand what Trading Commodities are.
Commodity trading is interesting as well as an advanced kind of investment. Although this form of forex trading has more or less similar characteristics to stock trading, the most critical difference is the property which is traded on this platform. Commodity trading concentrates on buying as well as trading commodities such as gold instead of firm stocks as in trading stocks.
Whenever trading in commodities in GO Markets, you will be it as a CFD; this means you are just trading the cost movement instead of the real commodity.
When you are trading CFDs as a first timer, there are a few tips that you must learn of course with the help of Go Market an online forex trading guru. Should you know these ideas, perhaps you might be able to trade forex confidently as well as stay away from the normal errors that novice forex traders make. In this review, we are going to learn tips on how to conduct a profitable commodity trading.
Make sure you get sufficient stock CFD trading training first. You will find a few fundamentals that you ought to know about on Go market, primary being the way to estimate margin needs as well as expenses of Commodity CFDs. Costs consist of commissions every way along with attention expenses. You have to know the way to calculate the costs so that you could calculate the efficiency of the systems.
Additionally, you must understand how margin calls a function to help you know what it implies as well as the way to tell when you are on the extremes of margin. Training may come from on the internet or even any nearby region regarding courses.
Learn how to trade forex an excellent system There are numerous systems available, for instance Mt4 Commodities; however, how will you assess how great a program is? You will need to know several requirements to evaluate a CFD technique for Commodity Trading. Knowing whatever they are then you may confirm if a CFD trading system is an excellent one. It is a key skill since you can evaluate any program, but when the details are not there, you definitely must request. Products differ from mechanical, discretionary, to necessary evaluation. These different kinds vary in system as well as short term trading to long-term buy as well as holds.
Learn to adhere to the guidelines correctly in your technique There are lots of guidelines in a program, ranging from causes of admission to avoid deficits to trailing deficits, etc. Should you never understand the instructions as well as precise reasons or the way to understand when they happen, mainly if these are discretionary, like support as well as resistance traces, chart patterns as well as congestion areas, you probably may get into Commodities Trading which has a low likelihood of success. Therefore exercise but when you can find all doubts, consult your tutor on if a chart pattern or even other signal is what you imagine it is.
There is much stuff that you need to understand before forex trading stock CFDs, commodity CFDs or even index CFDs. Therefore take them into thought as well as make sure to do your research as well as appreciate these areas of forex trading and more with the help of Go market an online forex trading guru.
For more details visit us: https://www.gomarkets.com.au/commodity-cfd-trading/
submitted by gomarkets01 to u/gomarkets01 [link] [comments]

free forex trading signals from Diamond Tops and Bottoms

free forex trading signals from Diamond Tops and Bottoms
The identification guidelines for diamonds and generate free forex trading signals Look for a quick price rise or decline. Diamond tops have prices entering the diamond from the bottom and bottoms have prices entering from the top. The quick rise or decline, a straight-line run, is key. Yes, you will find other diamonds forming as a normal congestion pattern, but the ones when prices race forward are easiest to spot.
Look for prices to broaden out (higher peaks and lower valleys) then narrow forming a diamond shape. The diamond usually tilts to one side.
Price should touch each trendline one or twice, but it depends on how you draw the diamond and whether prices cooperate with you. Don’t be alarmed about cutting off price tails when you draw the trendlines. Sometimes you have to use your imagination to see the actual diamond shape.
Sixty-six percent have a downward volume trend within the diamond.
Trading and Trading Tips
Here are additional trading tips for free forex signals • Diamonds with short-term price trends leading to the pattern perform better than intermediate- or long-term trends. Diamond tops with downward breakouts show the best results: Short-term declines leading to the pattern yielded 24% declines postbreakout; intermediate-term trends averaged a 22% decline, and longterm declines had postbreakout declines of 15%.
Avoid overhead resistance or underlying support. Diamonds with throwbacks or pullbacks have postbreakout performance that suffers. For example, diamond bottoms with upward breakouts and throwbacks show rises averaging 30%. Those without throwbacks climb 43%.
Select tall patterns for the best free forex signals performance.
The measure rule for diamonds is no different than for other chart patterns. Measure the height (highest peak to lowest valley) and add it to the price of an upward breakout or subtract it from the breakout price of a downward breakout. A breakout occurs when price closes outside the diamond trendline boundary.
www.freeforex-signals.com
free forex signals presents forex trading signals via SMS , Email and WhatsApp for Free

submitted by frees2020 to u/frees2020 [link] [comments]

OVERCOMING ANALYSIS PARALYSIS IN FOREX TRADING

Analysis paralysis according to Wikipedia is the state of over analyzing (or overthinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome.
Have you ever being in of those scenarios where you see what you believe initially to be a perfectly good trade setup, however as you continue to analyse and study the situation you begin to feel less and less confident about the trade and you are not sure why this happened. I know most traders would have encountered this scenario at some point in their trading journey because I myself have also experienced it.
This is a common scenario for traders and it occurs mostly when the trader has too much congestion in their thinking. With this highly congested thinking which happens as a result of too many detailed options, it leads to the outcome of a choice not being made. Analysis paralysis can happen in trading when the trader is afraid of making any decision that could to lead to a bad trade.
Most traders often over analyse themselves right out of a quality trade setup, and it can be very much problematic, in the sense that it can have severe negative consequences on the traders performance and the traders psychology. Over analysis can also cause a trader to jump out of a perfectly good trade they have already executed. The purpose of this article is to figure out the ways analysis paralysis negatively impacts trading and its solutions.
Too many external influences Have you ever been in a scenario when you woke up in the morning, get yourself ready, turn on your laptop, pull up your trading platform, go through it and spot a very good setup, a setup that defines your edge then you decide to pull up cnbc, Bloomberg etc or you decide to ask your friend. After all you have read and hearing your friends opinion about that setup you realize your mindset has been turned against the setup you were so confident about before you decided to listen to other opinions, then you shut your laptop only for you to turn it back on later to see that the setup is playing out exactly as you initially anticipated it to.
Solution: Making a decision to ignore external influences
The key to ignoring external influences such as the ones discussed above is to be a lone soldier in this psychological battlefield called the forex market. This is something every trader must do because their survival and tendency to arrive at a consistent and successful trading journey depends on it. For this lone ranger status to be attained the trader needs to simply gain the understanding and knowledge that these external influences are only there to hurt them. Once the trader fully believes and accepts this, such trader will no longer care about them and instead focus more on mastering their trading method.
Thinking yourself out of a good trade Most traders including me have been a victim of this scenario when you find a perfectly good setup that meets your edge in the market and instead of pulling the trigger and executing the trade you are just sited in front of your chart paralyzed as a result of over analyzing, and over thinking, looking around at different variables until you convince yourself the trade setup would not work.
Solution: Don’t think so hard about it
This aspect is a little bit complicated because there a lot of reasons traders think themselves out of perfectly good trading setups but the main two are fear and uncertainty. For a trader to become consistent and successful such trader needs to stop being afraid of losing money and the best way to overcome this fear is to accept it. Having it in mind that even the best traders in the world do have losing trades. having this in mind will help you eliminate the fear of losses. Also have it in mind that every trade is just another execution of your trading edge, don’t think too hard when you see a signal that meets your edge instead just pull the trigger by executing the trade and walking away.
Having a clustered chart Analysis paralysis would definitely creep in when it discovers a trader has a clustered chart, when I say a clustered chart I mean when a traders chart is crowded with different indicators like moving averages, stochastic, Bollinger bands etc I am not saying indicators are not good because I myself use a few of them but what I’m saying is that some traders chart can look messy because they have many different indicators on their chart and with trying to analyse all the numerous indicators all at the same would lead to analysis paralysis.
Solution: Decluster your chart
This one is very much straight forward, all the trader needs to do is to decluster their chart by removing all the conflicting indicators from their chart and adopt a straight forward, less conflicting trading method like price action trading.
Not having an edge Analysis paralysis can also creep in when a trader doesn’t have an edge in the market. When a trader doesn’t know what to look out for before pulling the trigger, such trader can be presented with a perfectly good setup and still won’t do anything.
Solution: Get an edge
All a trader in this situation needs to do is to research a trading method that suites his/her own personality, master it, and use it as their own edge in the market
Too little confidence in your ability as a trader Any trader who isn’t confident in their ability to trade would definitely attract analysis paralysis because such trader would always second guess themselves. As a trader you need to be decisive to make money.
Solution: Get proper training and quality screen time
The best solutions to low self confidence when it comes to forex trading are education and quality screen time. So any trader that finds themselves in this situation should get proper education on forex trading and after obtaining education and mastering a trading strategy the trader should simply get quality screen time by practicing their trading system on a demo account or on a live account with small funds, this would do a good job by boosting their confidence as traders.
In conclusion, even the best traders in the world at some point in their lives went through analysis paralysis scenarios. Scenarios where they have over thought and over analysed themselves out of quality setups but at the end of the day they still turned out good. So if you are having this issue carefully read the solutions and set out on your journey of departing from the island of analysis paralysis.
submitted by frankmore to Forex [link] [comments]

free forex Trading signals and High Tight Flag Trading Tips

free forex Trading signals and Trading Tips
Prices should climb at least 90% in two months or less.
After the rise, find a place where prices pause—a congestion or consolidation area.
the rules for buying after High, Tight Flag
Wait for price to close above the upper trendline or above the pattern high if the pattern has no top trendline
Buy the stock. Place a stop below the prior valley, below the pattern itself, or use a volatility stop. With this pattern, the most important rule is to wait for an upward breakout.
In a test of 78 High, Tight Flag , I found 13 patterns that broke out downward. That might not sound like much until a failure happens to you. Save your bucks and wait for the upward breakout. The hardest thing to do when trading High, Tight Flag is to buy the stock. Chances are the forex is near the yearly high after doubling in price. How much higher can it possibly go? Buy in and find out! Remember, High, Tight Flag have the lowest failure rate and highest average gain of any chart pattern. Your selection may prove the exception and fail, so place a stop loss
order below the valley nearest the breakout. This may be below the High, Tight Flag itself. Check to make sure the stop is not too close. You don’t want volatility to stop you out. Later in the book, I review two High, Tight Flag trades, one where I stole two grand from someone and another in which they stole it back . . . with interest.
When identifying or forex trading signals High, Tight Flag , what should you look for or avoid? Here is a list:
Avoid overhead resistance that may cause a throwback. High, Tight Flag with throwbacks rise just 49%, but the rise averages 100% for patterns without throwbacks.
www.freeforex-signals.com
free forex signals presents forex trading signals via SMS , Email and WhatsApp for Free

submitted by frees2020 to u/frees2020 [link] [comments]

Guide - How to Registered & Buy Tokens During the Pre-ICO

Guide - How to Registered & Buy Tokens During the Pre-ICO
FXPay Initial Pre-sale Coin Offering (ICO) Ends Soon so Don’t Lose Your Chance to Buy FXP at the Best Price!
https://preview.redd.it/5glj42gheac11.jpg?width=1200&format=pjpg&auto=webp&s=f6b6ff91df144bdf15cd6cf1228f7145ea73e295
Many contributors ask: “How to buy tokens during the Pre-ICO?” so we decided to provide you a step-by-step guide.
Before going into the details of this guide, let us remind you of the main benefits for Pre-ICO participants. First, tokens are much cheaper during the ICO, so when you use them to pay the service fee on the platform after launch, the actual price you will pay will be very low and second you can use the tokens as a crypto-collateral.The tokens are priced at $0.75-$1.15 and Bonus 9% during the Pre-ICO.
ICO price is $1.25–$1.6 and Bonus 5- 8.5% start Aug 1-Oct31,2018 . It will change step more price every 2 weeks .
https://preview.redd.it/ie1uarwkeac11.jpg?width=1242&format=pjpg&auto=webp&s=4622e5048854b18024593e228691eed3b4329146

That’s why it’s worth buying FXP now!

All price & all period get FOREX credit 100%

We remind you that tokens can be purchased with cryptocurrency: Ethereum (ETH), Bitcoin (BTC), Tether (USDT), Tron (TRX), Bitcoin Cash (BCH), Happycoin (HPC).
The process of purchasing tokens takes only a few minutes.
Step 1 — Signing Up on the Website: open website https://fxpay.io/fxpmemberegister.php and enter all data required for signing up. You need to input your Email and Password and pass the anti-spam protection.
https://preview.redd.it/ztcx2w5qeac11.png?width=1200&format=png&auto=webp&s=ce7db7f150711d5d3971d7d5af7b81c829deb9b8
Step 2 — Login to Your Account: after signing up go and login to your account. You could use this link https://fxpay.io/fxpmembelogin.php Enter your e-mail and password and push the LOGIN/SIGN UP button to open Dashboard
https://preview.redd.it/6nhx6igseac11.png?width=1200&format=png&auto=webp&s=7b47ee2cd224e5a7f0e62e6e90e6aaf43ad54aa5
Here you can find your account and activate it. In the left part of your Dashboard, you will find your Email, In the middle, you can find current token price and cryptocurrency exchange rate, as well as the amount of funds raised and the amount of tokens sold. Also in the middle, you can find a link to the referral program. In the left sidebar, you can also find Setttings Button. Here is your personal settings, you can add or change profile information. KYS Verification Button. You should upload your passport or nation ID card to complete registration.
https://preview.redd.it/ako061dueac11.png?width=1895&format=png&auto=webp&s=03b1581bfc12fbf376553efa61ea59581c8758ae
Step 3 — Purchasing Tokens
Choose the cryptocurrency which you want to Buy Tokens with.
Each registered user has a unique address to participate in the ICO. This address is linked to personal deposit addresses in Bitcoin, Ethereum or other cryptocurrency to allow you to use your preferred method of payment. Each user has a unique address, thanks to which the system can detect the recipient, amount of funds and method of payment. The cryptocurrency exchange rates update every 60 seconds and are taken from a large exchange.
You can find the address after youe choose the prefer cryptocurrency
https://preview.redd.it/ujsnfv9xeac11.jpg?width=737&format=pjpg&auto=webp&s=0b205ff58b946af423926dbbd0694964b2a82dc3
Copy this address and transfer the required amount to it. It will be shown below in the Transaction History — this table is updated every 30 seconds. At first, it is always marked as Pending, but please don’t worry. As soon as the transaction is confirmed in the blockchain, your tokens and exchange rate are locked in the system and shown in your profile.
https://preview.redd.it/ng89eg20fac11.jpg?width=737&format=pjpg&auto=webp&s=3ec6f88373a5fee89b47ee6433924b5704a8f0dc
Please note that due to high congestion on the blockchain and/or low transaction miner fees (set by you) delays may occur.
After sending the transactions to the stated address they will be shown in the transaction table.
Step 4. The Confirmation of the Transaction Completion
After you transfer Each cryptocurrency for buying FXP. Your will get “Transaction Hash “ or “TX HASH “ from each blockchain confirmation.
You have to go to the Register Transaction Menu and Completely Fill
  1. TX Hash
  2. Amount Transfer
https://preview.redd.it/tocu15i2fac11.jpg?width=734&format=pjpg&auto=webp&s=3fcdfa1005e304eef3640b58b33b2f55de88508c

If You Have Problem Anything for All Buying Process Please Send Email to [[email protected]](mailto:[email protected])

You can see the History of your Orders and transactions in your Dashboard
https://preview.redd.it/6v4t4ht4fac11.png?width=1679&format=png&auto=webp&s=53d45382c1cbdc1ff23de18fac757e21395232ef
The tokens will be accrued on balance and shown in your account. They will be safely stored at your personal account balance until the end of the ICO. No later than one month after the end of the ICO, you will be able to withdraw the tokens to any ERC-20-compatible wallet added by you in the profile settings. By the end of ICO, we’ll add the feature of token withdrawal in the profile.
FXPay has a Bounty program, please join our Bounty Telegram Chat (@fxpaybounty_bot) and earn up to 20 FXP for completing simple tasks and we have a referral program: share your FXPay referral link with your friends and you’ll get 5% of their token purchase. After your friend purchases the tokens following your link the bonus tokens will be credited to your account in Referral Program section. The link on the referral program is available only after signing in your account: https://fxpay.io/fxpmembeaffiliate.php
Please join our Facebook page
submitted by fxpay to u/fxpay [link] [comments]

How I use Volatility to my advantage (UK US open, late US etc)

[Only applies to M30 and lower]
What is volatility?
Volatility is the degree of variation in price of a given asset on a defined timeframe. When price moves quickly, market volatility increases. When price consolidates, market volatility decreases (simple definition). It is like the speedometer in our cars.
I usually add an Average True Range (ATR) on my charts to gauge approximately market volatility or market nervousness. However, it is not necessary, when you look at a chart you are able to tell if price is spiking, trending or consolidating.
Volatility is part of any strategy. It gives an expectancy toward future price action. In general, when market volatility is low, we expect significant support and resistance levels to hold price in a range. And when market volatility is high, we expect price to break these levels.
Volatility patterns
Fortunately, in the Forex market, daily volatility is predictable. We tend to see volatility peaks around major markets openings, which are the New York Stock Exchange (NYSE), the London Stock Exchange (LSE) and the Japanese Exchange. At the late hours of these markets, volatility tends to decrease.
These fundamental patterns are the most exploitable patterns in the Forex market. Yes, at least more exploitable than deceitful technical signals you are looking for. And they happen almost every day. However, there are exceptions. For example, we do not expect volatility peak to happen when countries of these big markets are on bank holiday.
EURUSD hourly volatility
The chart above shows the 4-weeks hourly volatility for the EUUSD pair. It is the average in pip of the difference between the highest and the lowest price of each hour of the day, over four weeks. Each bar represents the average in hourly range over four weeks.
There are two major peaks corresponding to the LSE and the NYSE openings.
Since the EUUSD is the most traded pair, we consider its volatility as "market volatility". In fact, the hourly volatility chart of the other pairs gives approximately the same pattern.
USDCAD hourly volatility
These charts were taken in May 2016. Take a look at Mataf.net’s volatility tool and type four (for four weeks) in the entry box. You will see approximately this same pattern in hourly volatility, with the two major peaks (UK and US opens) and decreasing volatility starting from the mid-US session. (Currently the pattern is disturbed by the brexit monster volatility, it will become clear again within few weeks)
We also have decreased volatility during the Asian session when there is no major news release coming from the Reserve Bank of Australia (RBA) or the Bank Of Japan (BOJ).
Asian sessions
These charts tell us market volatility is predictable. This leads us to define two principles:
First Principle: Around major markets openings (active time), market volatility tends to surge. We expect to see range breakouts, spikes or rallies. It is the best time to trade breakouts i.e., buying new highs and selling new lows.
Second Principle: During the late hours of major markets sessions and when major markets are closed (quiet time), market volatility tends to decrease considerably. We expect to see trading range or congestion in price action. It is the best time to range-trade i.e., buying the lows and selling the highs.
principles
Any trading strategy or system has to adapt to these variations in volatility to perform over time. If you are struggling with a particular strategy, maybe you are ignoring these changes in volatility.
How volatility patterns can help in improving your trading?
One cannot apply a strategy any time and expect to be profitable. When we simulate an automated and intraday trading system over three months without time filtering, we will notice the system is only profitable at certain hours of the day. This simply reflects intraday volatility variations.
You have to determine if your trading strategy is a trend following method or a range trading one.
If your strategy is a trend following approach, you will want to only trade around major markets openings to maximize profits. Otherwise, you will tend to give back profits as price slows down in the mid-session and market volatility decrease.
If your strategy is a range trading or reversal approach, you will want to only trade during quiet market time and avoid trading around market openings or around news releases.
Less trades maximize profits. Most of my trading sessions last less than one hour.
I made a portable document of this.
submitted by alm_hd to Forex [link] [comments]

Up Close with the Cryptocurrency of the Future — ARESCOIN (ARES)

Simply put, the ARESCOIN is a revolutionary cryptocurrency that is taking the world by storm. ARESCOIN is a cryptocurrency which would facilitate the creation of an entire Digital Asset Ecosystem, thereby making digital assets part of the mainstream economy.
The primary advantage that the ARESCOIN possesses lies in its innovative blockchain technology and its concept of Digital Asset Systemization which enables it to have a multitude of real-world applications that is unrivalled by any other cryptocurrency that is in the market currently.
  1. A Complete Ecosystem for Digital Assets –The ARESX cryptocurrency exchange and ARESPAY payment services complements the ARESCOIN, giving it a wide range of real-world applications which would range from trading to making payments. This enables the ARESCOIN to serve as both, a medium of exchange as well as an asset which has a store of value.
  2. Revolutionary Blockchain Technology – The ARESBLOCK is a whole-new, innovative blockchain that forms the foundation of the ARESCOIN. The ARESBLOCK is based upon the 3Is concept which is Inclusive, Integrated and Intelligent. These features enable the easy creation of tokens on the ARESBLOCK, the seamless execution of transactions and constant growth of the blockchain which would in turn solve problems such as network congestion, an issue that is presently facing major cryptocurrencies such as Bitcoin.
  3. Innovative Solutions with regards to real-world applications – Adoption of a payment wallet that integrates all major cryptocurrencies worldwide, merchant tools which enable real-time conversion of cryptocurrencies from consumers into fiat currencies and the Unified Payment Solution which is capable of universal QR Code recognition when it comes to making as well as processing payments give the ARESCOIN real-world applications that would drive market adoption and use.
  4. ARES Exchange (ARESX) – This is an exchange that will provide speed, liquidity and diversity, factors that are key to the creation of a marketplace where crypto-assets can be traded in real-time and at low costs.
  5. An experienced and dedicated team - ARESCOIN's core team consists of experts with strong credentials in the fields of finance, blockchain and information technology. The team is supported by world class advisors, including Yuri Milyukov, founder of Inkombank.
  6. Key Partnerships - Globally acclaimed players within the Forex industry such as FXPRIMUS and Primus Capital Markets UK have backed the project and will incorporate the ARESCOIN into their platforms.
The Future – 1. A number of major exchanges such as Coinbase and Gemini have expressed interest in listing the ARESCOIN and talks on an exchange listing are reportedly in the final stages.
In conclusion, we feel that the ARESCOIN has an excellent concept, a strong team and the necessary backing from major corporate partners which are essential factors to it becoming a premium cryptocurrency alongside current incumbents such as Bitcoin and Ethereum. We strongly believe that the ARESCOIN is in a strong position to become one of the top cryptocurrencies and it should be a part of any savvy investor's portfolio.
submitted by AresCoin to AresCoin [link] [comments]

Psychological Levels

Hey all, I realize this is a bit of a read but I figured hopefully some of you might get something out of it. I've recently started a blog on trading as I love writing and it's one of my passions.
Regardless I'm not huge on self promotion so I'll simply post it here and if you're interested you're welcome to PM me for the link otherwise I'd love to start a conversation on the topic here!
Please share your thoughts on the subject, I definitely don't claim to be an expert, these are just some observations of mine.
=)
The general consensus within the Forex community on the understanding of psychological levels is one that is both very basic, and relatively black and white. I would argue that in my trading I have discovered psychological levels tend to be much more encompassing, slightly more subjective, and incredibly useful in helping traders determine overall market sentiment and trader bias under the direction of accompanying techniques.
Although psychological levels as a trading tool are relatively misunderstood from a technical perspective, the fact remains, when employed properly they can be one of the few truly effective leading indicators under the confirmation of post candle-close analysis. Keep in mind the term "leading indicator" is one I use with caution as I find all too often technical analysts refer to the term in situations where it ought not be.
If you take the concept of a true "leading indicator" at face value - "an indication of potential price movement [continuation, congestion, or reversion], without preconceived reference to prior movement" it's clear that such an indicator can be argued if not impossible, at the very least extremely elusive. This is where an area of interpretation comes in as to what is considered "leading". For most, "leading" constitutes a level or price or volatility in which previous market dynamics have suggested future pattern. Levels of support and resistance, trend continuation, Fibonacci sequence, pivot points, and psychological levels often act as such.
Every one of these methods aside from psychological levels rely entirely on the recognition of former pattern and or the examination of price periods for the purpose of predicting future movement such as pull backs and price extensions. As a result I think it's safe to say you would have to assume there must be a catch. As we all know, there's is clearly no such thing as a holy grail so where does the psychological level fall short?
Psychologicals work entirely on the assumption that fellow traders and institutions will be looking at key levels as areas of interest. This is the primary reason these levels can not be used to predict price movement, they are simply useful as a potential indicator of interest from coexisting market participants. As a result, if you intend to take advantage of this information, it's important to ensure you don't fall into the trap of viewing these levels as points of support and resistance in the same way you would after plotting a range as they simply are not. Unlike the majority of indicators, each occurrence of a psychological level should be seen as an independent event. For those familiar with the equities market I've found the one event that best mirrors this phenomenon is that of small-cap "earnings" - a specific day and time within the financial quarter in which a stock is expected to react according to its results and future projections. Unlike calendar events within the currency markets, these small-cap events are not large enough to cause significant market movement among associated instruments.
I think it's of importance to keep in mind that psychologicals do not necessarily have to refer to specific price points at which heightened market participation is expected. If rich player participation is in fact the key factor in determining what is a psychological indicator, other market occurrences should be of value. Timing, for example, should be of interest. The open and close of particular sessions in relation to volatility expansion and contraction. Fellow participants expect these events and address their positions or positioning for the upcoming session accordingly. Once again the particulars of each event are independent but the expectancy of a change to some degree is nearly guaranteed.
Trading psychological levels can certainly have value if utilized properly, but exactly like all other indicators it's crucial to have a tangible understanding of all elements of the tool long before you throw caution to the wind (not that you ever should). Unlike a moving average or an oscillator where you can examine the pieces that make up the indicator, psychological levels require you to dig a little deeper if you hope to effectively make use of them within your trading plan.
submitted by luxaete to Forex [link] [comments]

What would it cost miners/nodes/pool operators to have high-frequency-trading-bots running on the blockchain?

It's a dystopian future, and financial markets are deep in the pockets of governments. All transactions in and out of the nyse, nikkei, s&p, etc are now subject to government intervention. No more algorithmic trading, no more "dark pools", etc. "Bailouts" are a thing of the past (mythic lore), taxes are automatically taken out of wages. You're a medium to large size enterprise, and have legitimate use for private stock/securities. You want to issue your own stock, yet keep a competitive advantage. You write a script that prioritizes your transactions when you include a slightly higher fee. Now lets say you're someone else, you're a mining pool operator, and all these transactions are "filling up" blocks pretty quickly, and "congesting" the network. The price is falling, and so is the sky. For the long term viability of Bitcoin, wouldn't it make sense to do away with a blocksize all together, and switch to maybe a more dynamic blocks. It could have a minimum (like the 1mb blocks of today), but no maximum... Let's say all the algorithmic trading went underground and to the blockchain, and lets say that this created a scenario where Bitcoin IS processing more transactions than VISA/MASTERCARD by magnitudes greater. Let's say a block was a whopping Terabyte (remember, no limit). As someone running a node/minepool operator, you have to push that Terabyte block, and it has to be confirmed by the network. Because these blocks are of a magnitude much larger than what we witness today, your costs in accommodating these larger block goes up. You can justify selling your Bitcoin at a significant markup. Before you know it, we're on the moon. The trillions of fiat that go into Forex markets on the daily, are now being settled on the blockchain, in a bonafide way that's irrefutable. For all intents and purposes, not only is Bitcoin a commercial success, but the world is genuinely better because of it. Bitcoin is growing. She's having her birthing pains. She's still in beta...
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ETG Congestion Boxes and the Trading Fights Terrific breakway from congestion for GBP/USD Monday Range Expansions and 20 EMA Hourly Forex Trading ... Terrific breakaway from congestion for GBP/USD successful trading with congestion and breakout Day Trading: How to Recognize and Trade Around Chop and Market Congestion - Session 1 Congestion Breakout Forex Trading System

Forex market works round the clock from Monday to Friday. When a night falls in one part of the globe and the local market shifts into a sleeping mode, the sun rises in the other part of the planet and trades start there. This process is non-stop, so traders can work at any time they want. The exception is the weekends and international holidays such as Christmas, New Year’s Eve, and Easter ... Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not ... Forex Traders – Make These Forex Trading Strategies Work For You. I’ve given you a lot of brain food here – ideas should be pouring out of your ears! The most successful Forex trading strategies need to go beyond the charts. We need strong money management and a solid mindset to complete the recipe for long term survivability in the markets. Analisi Forex: Eur/Gbp, attesa per la rottura della congestione I prezzi di Eur/Gbp sono all’interno di una fase di congestione da alcune settimane. A livello operativo, si potrebbe attendere una violazione di questa lateralità per valutare l’impostazione di alcune strategie. Le quotazioni di Eur/Gbp continuano a veleggiare all’interno di una fase laterale, delimitata inferiormente dal ... He has developed high quality trading strategies both for intraday and long term trading to include, the 3SMA trend riding strategy, Intra-day Market Flow, London Open Breakout (LOB), Trend Collapse, Fake Breakout, Breakout-Congestion-Continuation, etc. He is the Chief Strategist with a real and honest passion to educate others via Forex mentoring in other to help them become successful and ... Forex Congestion Breakout Trading System. May 29, 2018 by Dominic Walsh Leave a Comment. share. Congestion Breakout is a trading system based on Congestion Breakout indicator filtered by ADX indicator and CCI indicator. Time Frame 15 or Higher. Pair:All. Indicators: Congestion Breakout; CCI (14) ADX With D+and D-. Long Entry: When price close above the upper band ,CCI>125 and ADX>25. Short ... Congestion Breakout Forex Strategies Res. compressed file archive 3.7 KB. Download. Share your opinion, can help everyone to understand the forex strategy. Comments: 0. Breakout Forex Strategies. 25# 2 Days Breakout - Forex Strategies - Forex Resources - Forex. 21# 100 pips daily - Forex Strategies - Forex Resources - Forex ... 2# Open Day - Forex Strategies - Forex Resources - Forex Trading ... Forex indicators are generally used by the traders who are actually into the share market. Of course, there is subsequently the need for these indicators that will help the traders to work on these trading and investments. No doubt, trading in the share market or the Forex market is an excellent hope and of course also an excellent opportunity for those traders and the investors as well. Forex ... Forex investing exposes you to definitely threat including, although not limited to, market volatility, volume, congestion, and program or element failures which may delay account obtain and Forex trade executions. Selling prices can change quickly and there’s no assurance the execution cost of your order is going to be at or close to the quote shown at order entry. Forex Indicators is ... Forex Congestion Breakout Trading System. May 29, 2018 by Dominic Walsh Leave a Comment. Congestion Breakout is a trading system based on Congestion Breakout indicator filtered by ADX indicator and CCI indicator Time Frame 15 or Higher Pair:All Indicators: Congestion Breakout; CCI (14) ADX With D+and D-. Long Entry: When price close above the upper band ,CCI>125 and ADX>25. Short Entry: When ...

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ETG Congestion Boxes and the Trading Fights

With Brexit now back on the horizon my focus this week is on the GBP and at the start of the London forex trading session I consider Cable which has had a terrific break away from congestion and ... Check out the indicators at https://www.quantumtrading.com Risk Disclosure: https://goo.gl/nnmrwP TESTIMONIAL DISCLOSURE: TESTIMONIALS APPEARING ON QUANTUM TRADING MAY NOT BE REPRESENTATIVE OF THE ... Monday Range Expansions and 20 EMA Hourly Forex Trading... Are you struggling to be consistent with your trading? Get my FREE audio mp3 download "The 7 Step ... Download Congestion Breakout Forex Trading System- https://www.forexmt4indicators.com/congestion-breakout-forex-trading-system/ -----... Watch this short video on how, when, and where traders fight. This will help create predicting where stop orders are ready to trigger. Every morning Anthony hosts a trading room where he gives ... in this video there is the description of congestion and breakout and its success and applicability on any time frame How to recognize and trade around chop and market congestion. Session one. ... Forex Risk -- A Structure You Can Follow Right Now - Duration: 31:31. No Nonsense Forex 233,905 views. 31:31 . 3 ...

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