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Technical Analysis Vs Fundamental AnalysisTA Vs FA Both Technical and Fundamental analysis seeks to evaluate an asset. In my opinion, these 2 major analysis methods are similar more than you think! FUNDAMENTAL ANALYSIS The FA involves the financial analysis of an asset by focusing on the underlying factors that affect that asset. The assumption behind fundamental analysis is that the market does not always value assets (shares commodities, crypto, etc) correctly in the short term. Fundamental analysers try to identify the intrinsic value of assets to buy at a discount or sell at a high. They believe their investment will pay off over time once the market realises the fundamental value of an asset. TECHNICAL ANALYSIS: The technical analysis seeks to evaluate a company by: Using historical price, and Using Volume data to assess where the price of a security or market will move in the future. This means technical analysers are looking at past patterns and trends to see if they are repeatable in the future. one of the most important items in TA is the trend which shows a continuation of the current situation. WHY DO I THINK THESE 2 ARE VERY ALIKE? As mentioned, Fundamental analysis tries to identify the true value of an asset. For example for a company share price, FA will look at the company's balance sheet, cash flow statement, earnings reports, etc. The technical analysis considers that there is no need to do this hard work as a company’s fundamentals are already accounted for in the price, and the information is reflected in the company’s charts. So we need to look at charts and use indicators to find the best entry prices and the market will follow the trend. Many times if a financial report surprises traders we will see a spike in the price and depending on the nature of that news and other reports price may change direction or continue the previous trend.
NYSE:ASHEducation
by apadanaforex
2
Gold: How to Combine Technical & Fundamental To Get Best ResultsWhat Does Market Really Follow? We all know that market is normally run by based on Technical Analysis, Fundamental Analysis, and Trading Sentiment. If you want to get a high result on your trade, you must combine these 3 analyses. As USD and Gold both are safe-haven currencies and reserve currencies as well. USD and Gold have a negative co-relation. If the USD rise, Gold will drop. If the USD drops Gold will rise. Which Fundamental Factors Are Responsible for Golds Move? 1. US Economical Reports 2. World Wide Economic Conditions 3. Man-made or Natural Disaster (For the moment Covid Situations) 4. Political or Economic Crisis 5. Central Bank's Rate Decision and some other reasons. What to Do Firstly? You must have a look at US economic reports. US job Market Report, CPI, Manufacturing Reports, and FED economic Overview. If most of the fundamental reports are positive from the USA, that means fundamentally USD is in a good position, which means Gold has a chance to drop. especially CPI / Inflation reports are important for hiking bank rates. So, if you see recent most of the high-impact reports are positive, that means gold has more chance that it will drop and FED is going to deliver the hawkish statement. FED's hawkish statement will give an extra benefit to USD what is negative for Gold. What to Do Secondly Now see your technical chart. A trading view has many awesome tools to draw your Technical Charts. Personally, I do follow pure price action. Based on your chart analysis, find an entry rate, exit rates, and where the stop loss and profit should be put. You can use any kind of technical tools, indicators of what is suitable for you. What To Do Thirdly? To get the trading sentiment, Option expiry and Cot reports will help you a lot. Especially cot reports are free, so check last cot reports. Day Traders usually follow non-Commercial contract positions. if you are a day trader checks a non-commercial contract. if most of the contracts are in a short mode, that means banks, hedge funds, and other financial authorities are selling more. commercial contracts are also very important. because they are big guns and big companies. you should also check their position. Non-Reputable contracts are not really important. How Will I Combine Technical and Fundamental Analysis and implement to my trade? This is the final part. If you see most of the US economic reports are positive in recent months, especially job market reports, manufacturing reports, and Inflation reports. In this case, most of the time FED delivers a hawkish statement. So, you think for Buying USD and Sell Gold. If you see US Economic reports are not supportive, then think about selling USD and buying Gold. This is the first part. I will write details about it in my second part. till then keep reading. If you think this article helped you then, like, comment, and share with your trader's community.
TVC:GOLDEducation
by Gold_Trading_Expert
4
A "Welcome to" Pinescript codingThis simple idea is an intro to @TradingView & @PineCoders Nothing fancy or complex, if you are already coding - you can skip this. simple MA build walk through & adding a second MA. If you want to get into coding, then here's the basic introduction. FYI - I am not a coder, 21 years trading experience and know a bit about the instruments - but new to actual coding, especially in Pine. Hope it helps someone! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
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COINBASE:BTCUSDEducation
by Mayfair_Ventures
49
Stochastic OscillatorA stochastic oscillator is a momentum indicator. Trading Strategy: ✔ Recognise the trend: 👉 In a trendy market only open position in the direction of trend. 👉In a range market you can use both buy and sell signals. ✔ Upper band and lower band indicating different things in different market conditions: 👉In a trendy market upper and lower bands show the momentum in the market for example in an uptrend if the indicator is above 80 it means that buyers have the momentum. 👉In a range market, however upper and lower bands showing the overbought and over-sold areas. So, we may go long if we see oversold in a range market and go short if we see a over-bought situation. ✔ Divergence is another important strategy to adopt when using stochastic indicator as a divergence may indicate a trend reversal.
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by apadanaforex
Basic understanding of Candlestick- and Chart-PatternsHello everyone, first of all - thank you for the positive respond to my previous video. Now that we know what a trend is made of, we want to point out the difference between Candle-Stick patterns and Chart-Patterns. Feel free to check out the previous episode below. In the next Video we are going to discuss the basic indicators you should look at for trading a trend. Please give me some feedback on what i can improve. Cheers, Ares
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by Anton_XBT
8
RSI (Relative Strength Index)RSI = Relative Strength Index Is fluctuates between 0 and 100 • A momentum Oscillator • Increasing RSI when: Average gains are greater than average losses = Bullish • Decreasing RSI when: Average gains are less than average losses = Bearish How to use: 1. Trend recognition: trading in the direction of the trend 1.1 Above 50: Uptrend 1.2 Below 50: Downtrend 2 Overbought and oversold entry signals. 2.1 In an uptrend look for oversold areas and open a long trade after the pullback above 30. 2.2 In a downtrend look for overbought areas and open a short trade after the pullback below 70.
BITSTAMP:BTCUSDEducation
by apadanaforex
Gold Vs 10 Year Treasury Bond Interest Rates In this video, I explain in detail the relationship between the price of Gold and the interest rate on 10-Year Government Treasury Bonds. You will understand why Gold is used as a hedge against inflation when investors cannot protect the purchasing power of their wealth through the purchase of government treasury bonds. Gold has risen in value by 231% since 2007 from $545 an ounce to $1,809 an ounce. As central banks must keep interest rates low coming out of the Covid-19 pandemic to help governments borrow huge amounts to inject stimulus into the economy, gold remains alongside stocks the only way investors can hedge the risk of inflation from eroding the value of their wealth. We also look at Gold priced in Euro's, Pounds and Australian dollars as interest rates in Europe, Australia and the UK have hit record lows over the past few years. You are going to love this educational video!!!
OANDA:XAUUSDEducation
by KayansMarkets