today we will talk about 5 TYPES OF ELLIOTT WAVE PATTERNS ( FIRST SOME BASIC INFO ) What is Elliott Wave Theory? The Elliott Wave Theory suggests that stock prices move continuously up and down in the same pattern known as waves that are formed by the traders’ psychology. The theory holds as these are recurring patterns, the movements of the stock prices can...
hello traders, today we will talk about WHY TRADERS LOSE MONEY TVC:DXY TVC:DXY BIAS WHAT IT MEANS… HOW IT INFLUENCES TRADERS Availability People estimate the likelihood of an event based on how easily it can be recalled. Traders put too much emphasis on their most recent trades and let recent results interfere with their trading decisions. After a loss,...
Hello traders, today we will talk about EMOTIONAL STATES OF A TRADER #1 Optimism – Everything starts with a positive outlook or a hunch that will lead traders into buying a stock. #2 Excitement – Things start to move the way we want them to you feel giddy because of it. This is where we start hoping and anticipating that we are possibly making a success story in...
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,...
Less than 24 hours after fund management giant BlackRock filed paperwork for a spot bitcoin ETF, bitcoin recrossed $26,000 and soared to its highest level in a week. The largest cryptocurrency by market capitalization was recently trading at $26,369, up nearly 5% over the past 24 hours, according to CoinDesk data. BTC was trading below $25,000 – near its...
🤫Update Crypto Crypto Prices Today: Bitcoin and other Altcoins are still seeing a jump today despite the collapse of two major crypto-related banks last week. As of writing, Bitcoin price increased by 8.68% in the last 24 hours. Ethereum price increased by 8.01%. Crypto prices today for Cardano price rises by 9.69%. Solana price hikes by 8.48%. XRP increased by...
SOL/USDT ✅ BULLISH MARKET SOL Price Prediction: Starting from mid-January, the Solana coin traveled a sideways trend for the last few months, resonating between the $26.8 and $20 levels. However, with the increase in selling pressure in the market, the sellers obtained an upper hand and breached the range support of $20. Ending this two-months long consolidation...
BITCOIN UPDATE 06/08/2022 Bitcoin highrisk bearish dump $18k