Charlie Munger once said that if you are allowed to punch a maximum of 20 holes in a piece of paper, each time you punch means you lose a trading opportunity, and after 20 times, your opportunities will be used up. At this time, will you cherish every opportunity? The same is true in foreign exchange trading. For each transaction, you must treat your account...
Bullish Market Structure: Bullish Vibes! It's all about making Higher Highs and Higher Lows. When you spot this pattern, you're riding the wave of optimism in the market, and it's your chance to seize the moment and soar with the bulls. Consolidation Market Structure: Consolidation Market Structure is all about lateral movement, where the market forms Equal...
Hey Everyone, Here at GVFX, we are currently buying dips. What that means is that we buy on the dips and therefore only concentrate on long positions/buys with the odd sells for fun. As mentioned before, having both sell and buy positions open in your account will affect your psychology and in turn, your trading decisions. Now a question that typically arises...
Today, I want to provide with you an essay that will clarify just how far you should push your trading perfectionism. There is no ideal trading technique, to put it succinctly and painfully. Losses will be a part of life. Yes, there are High Frequency Trading (HFT) outfits that have been producing successful days after successful days for the past five years, but...
I’m sure you know by now. That every successful trader needs a trading journal. This is an essential tool to track, monitor, evaluate, record, and measure your trading success. However, I’ve come up with 4 EXTRA Journal Items that you can add to your journal that could help improve your trading, win rate and overall performance. We can call these the “Trading...
Traders, I'll review the Pivot Point Supertrend Trading Strategy in this video. This strategy has up to a 90% success rate with an avg. of 80-100% profits weekly. I think it's well worth our time to review and potentially implement or even automate going forward. Enjoy. Stew
Hey Everyone, Here at GVFX, we are currently buying dips. What that means is that we buy on the dips and therefore only concentrate on long positions/buys with the odd sells for fun. As mentioned before, having both sell and buy positions open in your account will affect your psychology and in turn, your trading decisions. Now a question that typically arises...
OANDA:XAUUSD HI TRADER'S : I ALWAYS SAY THAT (90% TRADER'S LOSS 90% CAPITAL IN 90 DAY'S) The reason is that Lack Of Knowledge , Lack of Patience , Lack of proper Risk management You can Be among Those 10% Trader's , Those Are earning regularly From Market But For That You Need To be Disciplined Trader THERE ARE 5 MOST POPULAR TRADING STRATEGIES : 1....
For many traders, the dream of full-time trading represents the ultimate freedom. Full-time traders have the ability to choose their own hours, trade from anywhere, and select which opportunities to pursue. However, not all traders are ready to make the leap to full-time trading. Just as too much freedom can harm some economies, not everyone is prepared for the...
1. Introduction: Cryptocurrency is a relatively new concept that has gained a lot of attention in recent years. But what exactly is it, and how did it become so popular? Definition of cryptocurrency: At its most basic, cryptocurrency is a digital or virtual currency that uses cryptography for security. Cryptocurrency is decentralized, meaning it is not...
book notes my faviourit trading book. youtu.be all was looking for parallelisms of behavior learning read the tap. all I knew was the arithmetic of it it was a matter of fact mine was the ideal way to operate in a bucket shop. being right by using your head if I was right when I tested it was one man's business to anyhow it was my head wasn't it prices either...
REPOST ON CHART PATTERNS. Hey Everyone, As promised, this year we will also share basic educational posts for our newbies to learn and level up. BULL & BEAR FLAG PATTERNS BULL FLAG This pattern occurs in an uptrend to confirm further movement up. The continuation of the movement up can be measured by the size of the pole. BEAR FLAG This pattern occurs in a...
REPOST ON CHART PATTERNS. Hey Everyone, In 2023 we plan to also make more time to post basic educational posts for our newbies learn and level up. HEAD AND SHOULDERS PATTERN The head and shoulders pattern is a formation of 3 peaks with the head being the highest peak (Lowest on inverse). The entry should be below the neckline (Above on inverse). The measure...
Hey Everyone, We see too many new traders trade with random lot sizes with no understanding on the impact it has on account sizes, which result in not only losses but BLOWN accounts. This post is by no means a risk or money management strategy but more so just basics on the movement of reversals and how the lot sizes impact the value of your account during this...
Hey Everyone, This is a repost for our newbies. As promised alongside our analysis and reports we will also be posting basic educational posts to help newbies. Today we show you how to draw support and resistance levels the GoldViewFX way. There are so many ways to draw and establish support and resistance levels. Typically this is an area where price...
Here at GVFX, we constantly remind our followers to take profit off the table by banking in stages or protecting profit with a trailing stop after each incremental profit level has been reached as it heads toward the target TP. Far too many retail traders hold positions until it's too late and then the market turns against them and they end up breaking even or...
Disclaimer: Not Financial Advice Using The Volume Profile as a tool for my Nava Imbalance Strategy, I have made 99% ROI time and time again! 1. How I Use Volume Profile Tool (From Last Major Swing To Present) Blue Lines = Immediate Support/Resistance (Range) - Best entry ZONES, Area to WAIT for BUY SETUPS - Best to wait for price to pass sup/res lines and...
NFTs, or non-fungible tokens, have emerged as one of the year's breakthroughs. NFTs have been making headlines recently in a variety of venues. Many inventors, artists, and corporate behemoths are eager to capitalize on this trend. Minting is one of the most critical phases in creating an NFT. Minting an NFT means converting digital data into crypto collections...