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Forex Signals - TOP Best Services. Checked!To invest in the financial markets, we must acquire good tools that help us carry out our operations in the best possible way. In this sense, we always talk about the importance of brokers, however, signal systems must also be taken into account.
The platforms that offer signals to invest in forex provide us with alerts that will help us in a significant way to be able to carry out successful operations.
For this reason, we are going to tell you about the importance of these alerts in relation to the trading we carry out, because, without a doubt, this type of system will provide us with very good information to invest at the right time and in the best assets in the different markets. financial
Within this context, we will focus on Forex signals, since it is the most important market in the world, since in it, multiple transactions are carried out on a daily basis, hence the importance of having an alert system that offers us all the necessary data to invest in currencies.
Also, as we all already know, cryptocurrencies have become a very popular alternative to investing in traditional currencies. Therefore, some trading services/tools have emerged that help us to carry out successful operations in this particular market.
In the following points, we will detail everything you need to know to start operating in the financial markets using trading signals: what are signals, how do they work, because they are a very powerful help, etc. Let's go there!
What are Forex Trading Signals?https://preview.redd.it/vjdnt1qrpny51.jpg?width=640&format=pjpg&auto=webp&s=bc541fc996701e5b4dd940abed610b59456a5625
Before explaining the importance of Forex signals, let's start by making a small note so that we know what exactly these alerts are.
Thus, we will know that the signals on the currency market are received by traders to know all the information that concerns Forex, both for assets and for the market itself.
These alerts allow us to know the movements that occur in the Forex market and the changes that occur in the different currency pairs. But the great advantage that this type of system gives us is that they provide us with the necessary information, to know when is the right time to carry out our investments.
In other words, through these signals, we will know the opportunities that are presented in the market and we will be able to carry out operations that can become quite profitable.Profitability is precisely another of the fundamental aspects that must be taken into account when we talk about Forex signals since the vast majority of these alerts offer fairly reliable data on assets. Similarly, these signals can also provide us with recommendations or advice to make our operations more successful.
»Purpose: predict movements to carry out Profitable OperationsIn short, Forex signal systems aim to predict the behavior that the different assets that are in the market will present and this is achieved thanks to new technologies, the creation of specialized software, and of course, the work of financial experts.
In addition, it must also be borne in mind that the reliability of these alerts largely lies in the fact that they are prepared by financial professionals. So they turn out to be a perfect tool so that our investments can bring us a greater number of benefits.
The best signal services todayWe are going to tell you about the 3 main alert system services that we currently have on the market. There are many more, but I can assure these are not scams and are reliable. Of course, not 100% of trades will be a winner, so please make sure you apply proper money management and risk management system.
1. 1000pipbuilder (top choice)Fast track your success and follow the high-performance Forex signals from 1000pip Builder. These Forex signals are rated 5 stars on Investing.com, so you can follow every signal with confidence. All signals are sent by a professional trader with over 10 years investment experience. This is a unique opportunity to see with your own eyes how a professional Forex trader trades the markets.
The 1000pip Builder Membership is ordinarily a signal service for Forex trading. You will get all the facts you need to successfully comply with the trading signals, set your stop loss and take earnings as well as additional techniques and techniques!
You will get easy to use trading indicators for Forex Trades, including your entry, stop loss and take profit. Overall, the earnings target per months is 350 Pips, depending on your funding this can be a high profit per month! (In fact, there is by no means a guarantee, but the past months had been all between 600 – 1000 Pips).
>>>Know more about 1000pipbuilder
Your 1000pip builder membership gives you all in hand you want to start trading Forex with success. Read the directions and wait for the first signals. You can trade them inside your demo account first, so you can take a look at the performance before you make investments real money!
VISIT 1000ipbuilder here
2. DDMarketsDigital Derivatives Markets (DDMarkets) have been providing trade alert offerings since May 2014 - fully documenting their change ideas in an open and transparent manner.
September 2020 performance report for DD Markets.
Their manner is simple: carry out extensive research, share their evaluation and then deliver a trading sign when triggered. Once issued, daily updates on the trade are despatched to members via email.
It's essential to note that DDMarkets do not tolerate floating in an open drawdown in an effort to earnings at any cost - a common method used by less professional providers to 'fudge' performance statistics.
Verified Statistics: Not independently verified.
Price: plans from $74.40 per month.
Year Founded: 2014
Suitable for Beginners: Yes, (includes handy to follow trade analysis)
3. JKonFXIf you are looking or a forex signal service with a reliable (and profitable) music record you can't go previous Joel Kruger and the team at JKonFX.
Trading performance file for JKonFX.
Joel has delivered a reputable +59.18% journal performance for 2016, imparting real-time technical and fundamental insights, in an extremely obvious manner, to their 30,000+ subscriber base. Considered a low-frequency trader, alerts are only a small phase of the overall JKonFX subscription. If you're searching for hundreds of signals, you may want to consider other options.
Verified Statistics: Not independently verified.
Price: plans from $30 per month.
Year Founded: 2014
Suitable for Beginners: Yes, (includes convenient to follow videos updates).
The importance of signals to invest in ForexOnce we have known what Forex signals are, we must comment on the importance of these alerts in relation to our operations.
As we have already told you in the previous paragraph, having a system of signals to be able to invest is quite advantageous, since, through these alerts, we will obtain quality information so that our operations end up being a true success.
»Use of signals for beginners and expertsIn this sense, we have to say that one of the main advantages of Forex signals is that they can be used by both beginners and trading professionals.
As many as others can benefit from using a trading signal system because the more information and resources we have in our hands. The greater probability of success we will have. Let's see how beginners and experts can take advantage of alerts:
»Trading automationWhen we dedicate ourselves to working in the financial world, none of us can spend 24 hours in front of the computer waiting to perform the perfect operation, it is impossible.
That is why Forex signals are important, because, in order to carry out our investments, all we will have to do is wait for those signals to arrive, be attentive to all the alerts we receive, and thus, operate at the right time according to the opportunities that have arisen.
It is fantastic to have a tool like this one that makes our work easier in this regard.
»Carry out profitable Forex operationsThese signals are also important, because the vast majority of them are usually quite profitable, for this reason, we must get an alert system that provides us with accurate information so that our operations can bring us great benefits.
But in addition, these Forex signals have an added value and that is that they are very easy to understand, therefore, we will have a very useful tool at hand that will not be complicated and will end up being a very beneficial weapon for us.
»Decision support analysisA system of currency market signals is also very important because it will help us to make our subsequent decisions.
We cannot forget that, to carry out any type of operation in this market, previously, we must meditate well and know the exact moment when we will know that our investments are going to bring us profits .
Therefore, all the information provided by these alerts will be a fantastic basis for future operations that we are going to carry out.
»Trading Signals made by professionalsFinally, we have to recall the idea that these signals are made by the best professionals. Financial experts who know perfectly how to analyze the movements that occur in the market and changes in prices.
Hence the importance of alerts, since they are very reliable and are presented as a necessary tool to operate in Forex and that our operations are as profitable as possible.
What should a signal provider be like?https://preview.redd.it/j0ne51jypny51.png?width=640&format=png&auto=webp&s=5578ff4c42bd63d5b6950fc6401a5be94b97aa7f
As you have seen, Forex signal systems are really important for our operations to bring us many benefits. For this reason, at present, there are multiple platforms that offer us these financial services so that investing in currencies is very simple and fast.
Before telling you about the main services that we currently have available in the market, it is recommended that you know what are the main characteristics that a good signal provider should have, so that, at the time of your choice, you are clear that you have selected one of the best systems.
»Must send us information on the main currency pairsIn this sense, one of the first things we have to comment on is that a good signal provider, at a minimum, must send us alerts that offer us information about the 6 main currencies, in this case, we refer to the euro, dollar, The pound, the yen, the Swiss franc, and the Canadian dollar.
Of course, the data you provide us will be related to the pairs that make up all these currencies. Although we can also find systems that offer us information about other minorities, but as we have said, at a minimum, we must know these 6.
»Trading tools to operate betterLikewise, signal providers must also provide us with a large number of tools so that we can learn more about the Forex market.
We refer, for example, to technical analysis above all, which will help us to develop our own strategies to be able to operate in this market.These analyzes are always prepared by professionals and study, mainly, the assets that we have available to invest.
»Different Forex signals reception channelsThey must also make available to us different ways through which they will send us the Forex signals, the usual thing is that we can acquire them through the platform's website, or by a text message and even through our email.
In addition, it is recommended that the signal system we choose sends us a large number of alerts throughout the day, in order to have a wide range of possibilities.
»Free account and customer serviceOther aspects that we must take into account to choose a good signal provider is whether we have the option of receiving, for a limited time, alerts for free or the profitability of the signals they emit to us.
Similarly, a final aspect that we must emphasize is that a good signal system must also have excellent customer service, which is available to us 24 hours a day and that we can contact them at through an email, a phone number, or a live chat, for greater immediacy.
Well, having said all this, in our last section we are going to tell you which are the best services currently on the market. That is, the most suitable Forex signal platforms to be able to work with them and carry out good operations. In this case, we will talk about ForexPro Signals, 365 Signals and Binary Signals.
Forex Signals Reddit: conclusionTo be able to invest properly in the Forex market, it is convenient that we get a signal system that provides us with all the necessary information about this market. It must be remembered that Forex is a very volatile market and therefore, many movements tend to occur quickly.
Asset prices can change in a matter of seconds, hence the importance of having a system that helps us analyze the market and thus know, what is the right time for us to start operating.
Therefore, although there are currently many signal systems that can offer us good services, the three that we have mentioned above are the ones that are best valued by users, which is why they are the best signal providers that we can choose to carry out. our investments.
Most of these alerts are quite profitable and in addition, these systems usually emit a large number of signals per day with full guarantees. For all this, SignalsForexPro, Signals365, or SignalsBinary are presented as fundamental tools so that we can obtain a greater number of benefits when we carry out our operations in the currency market.
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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 CrashThe 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 BitcoinThe 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 BitcoinTechnical 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.
Trend Definition Analysis of BitcoinTrend 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 BitcoinTime 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.
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:
For a quick, easier search - http://www.isthisanmlm.com/ has compiled this whole thread. Special thanks to u/SHIFTnSPACE. - This is now a part of the sidebar as a button widget!submitted by twistplot to antiMLM [link] [comments]
THIS LIST MAY CONTAIN COMPANIES THAT HAVE PREVIOUSLY HAD MLM BRANCH BUT MAY NO LONGER HAVE ONE. If you see a company and are not sure that it belongs on this list, please reach out. I have compiled this list from the sources listed at the bottom along with input from community members. This list may not be 100% accurate but the goal is to get it as close as possible.
What is an MLM?
Multi-level marketing (MLM), also called pyramid selling, network marketing, and referral marketing, is a marketing strategy for the sale of products or services where the revenue of the MLM company is derived from a non-salaried workforce selling the company's products/services, while the earnings of the participants are derived from a pyramid-shaped or binary compensation commission system.
31 - Bags
5Linx - Home & Business Services
Abby & Anna - Clothing
ACAN Pacific - Utilities
ACN - Utilities
ActiLabs - Skincare/Health
Adornable.U - Accessories
Advocare - Dietary Supplements
AeroGrow - Garden Tools
Agnes & Dora - Clothing
AIM Global - Nutritional Supplements
Akasuka (Japan) -
Alcone - Beauty
Alice's Table - Flower Arrangement Classes
All'asta - Home Goods
Allysian Sciences -
Aloe Vera of America (Young Living) - Nutritional Supplements
Aloette - Beauty
Alphay Int - Nutritional Supplements
AlureVe - Skincare/Health
Amare Global - Nutritional Supplements
Ambit - Utilities
Amelia James -
Ameo - Essential Oils
American Income Life - Financial
Amsoil - Motor Oil
Amway - Health/Beauty/Home Goods
Ann Summers - Product
Ann Summers (UK) - Adult Novelties
Anorak (UK) - Home Goods
Anran (China) -
Apollo (India) - Juice
Apriori - Skincare/Health
AquaSource UK - Nutritional Supplements
Arbonne - Skincare/Health
ARIIX - Water Purification
Arsoa Honsha (Japan) - Fitness/Weight Loss
Asea Global - Nutritional Supplements
Asirvia (shut down) - Marketing
Aspire/Digital Altitude - Marketing
ATC Coin - Crypto Currency
Athena's - Adult Novelties
Atomy - Skincare/Health
Ava Anderson -
Ava Rose - Clot
Avisae - Weight Loss
Avon - Beauty
b:hip Global - Health
Bachar Nutrition - Nutritional Supplements
Bamboo Pink - Jewelry
Barefoot Books - Books
Bath.Ologie - Bath Bombs
Beach Body - Fitness/Weight Loss Videos
BearCereju (Japan) - Cosmetics
Beauty Counter - Cosmetics
Beauty Society - Beauty
beCAUSE Cosmetics - Cosmetics
Become International (US & AUS) - Cosmetics
Bedroom Kandi - Adult Novelties
Beever (UK) - Hair Care
BelCorp (Latin America) - Cosmetics
Bellame - Skincare/Health
Bemer - Appliances
Better Way Design/Imports - Clothing
Biogreen Argentina -
BioPerformance - Automotive (Fuel Pills)
Bod-e Pro - Nutritional Supplements
Body by Vi/Visalus - Health
Body Shop at Home - Beauty
Boisset Collection - Wine
Boston Finney (shut down) -
Bounce Life/Network - Insurance
Bud Star (Canada) - CBD/THC Products
BurnLounge (shut down as pyramid scheme by FTC in 2012) -
Buskins - Clothing
Butterfly Beauty - Cosmetics
Cabi - Clothing
Cambridge Weight Plan/Diet - Dietary Supplements
CAN - Utilities
Captain Tortue - Clothing
Carico Int - Home Goods
Celebrating Home - Home Goods
Cellements - Skincare/Health
CEO Movement (Not MLM but scammy) -
Chalk Couture - Chalkboard Signs
Chalky & Co - Home Goods
Chandeal (Japan) - Clothing
Charle (Japan) - Clothing
Charlie's Project - Clothing
Chef's Toolbox (AUS) (Insolvency) - Kitchen Accessories
Cherish Natural Products -
Chloe & Isabel - Jewelry
Clever Container - Home Goods
Close to My Heart - Scrapbooking
Cloud 9 Parties - Adult Novelties
Cobra Group/Appco -
Cocoa Exchange - Food
Color by Amber - Jewelry
Color Happy -
Color Street - Nail Wraps
Colour Me Beautiful (UK) - Clothing
Compelling Creations - Jewelry
Conklin - Roofing
Cookie Lee (shut down) -
Cosway (Malaysia) - Health/Beauty/Home Goods
Country Scents - Product/Candles
Create Your Life - Health
Creative Memories - Scrapbooking
Credit Repair USA - Financial
Crunchi - Cosmetics
Cutco - Knives
CVSL - Multiple Companies
Daisy Blue Naturals - Personal Care
Damsel in Defense - Product/Self Defense
Darceys - Candles
David Lerner Associates, INC - Financial
Dazzle and Daze - Clothing
Deutsche vermögensberatung/Dvag (Germany) - Financial
Diana (Japan) -
Dione Cosmetics - Cosmetics
Direct Cellars/DC Nation - Wine
Discovery Toys - Educational Toys
Dot Dot Smile - Clothing
DoTERRA - Health/Oils
Du Northing Designs - Clothing
Dubli Network - Financial
Dudley Beauty - Cosmetics
DXN - Health/Beauty/Home Goods
Dynamic Essentials -
EcoWarehouse - Home Goods
Elk River Soaps - Personal Care
Ella Tina - Clothing
Elli Kai - Clothing
Elvacity - Nutritional Supplements
EmGoldEx/Global Intergold -
Enagic/Kangen Water - Ionized Water
Endless Xpressions - Clothing/Accessories
Enersource Int - Nutritional Supplements
Enjo (AUS) - Cleaning Producs
Envy Jewelry - Jewelry
Epicure (Canada) - Food
Equinox International (dissolved in 2001) -
Ergo (Germany) - Insurance
Essante Organics -
Essential Bodywear - Clothing
European Grouping of Marketing Professionals/CEDIPAC SA (dissolved 1995) -
European Home Retail (dissolved 2007) -
Evanescence Network - Health
EVER Skincare - Skincare/Health
Evolution Travel - Product
EvolvHealth - Health
Faberlic (Russia) - Health/Beauty/Home Goods
Family First Life - Insurance
Family Heritage Insurance - Insurance
Fantasia - Adult Novelties
Fantasia (Canada) - Adult Novelties
FES Connect - Financial
Fibi & Clo - Footwear
Fifth Ave Collection - Jewelry
First Fitness Nutrition - Dietary Supplements
Fit4Mom - Clothing
FITTEAM Global - Dietary Supplements
Flamingo Paperie - Art
FM World (UK) -
For Tails Only - Pet Supplies
Forever Living - Health/Oils
Forex Education (iMarkets Live branch) - Crypto
Forex Entourage - Financial
Fortune Hi-Tech Marketing (dissolved 2013) -
Four Oceans - Health
Fragant Jewels - Bathbombs
FreeLife - Nutritional Supplements
Fuel Freedom Int - Automotive
Fund America (Bankrupt 1990) -
Gano Excel - Nutritional Supplements
GelMoment - Beauty
Gemstra - Jewelry
Genesis Pure - Nutritional Supplements
Global Legacy Initiative -
GoDesana - Pet
Gold Canyon - Product/Candles
Golden Days (China) - Health
Grace & Heart - Jewelry
Green HoriZen - CBD
Greeting Cake Company - Cake Kits
H2O At Home - Personal Care
Hale - CBD Oil
Hanky Panky Parties (Canada) - Adult Novelties
Happy Coffee - Coffee
Harvard Risk Management (Legal Shield) -
Hayward's Gourmet Popcorn - Food
HB Naturals - Health
He(L)o - Health
Healthy Peach - Dietary Supplements
Heavenly Chia - Food
Heka Corp - Fitness
Helo Wristbands - Health
HempWorx - Health
Herbalife - Health
Heritage Makers - Scrapbooking
Hinode - Cosmetics
Holiday Magic (shut down) -
Home Interiors - Home Goods
Honey - Beauty
Honey & Lace - Clothing
Hualin Biotech (China) - Health
iCoinPro - Crypto Currency
ID Life - Health
Igniting Passion (Canada) - Adult Novelties
iMarketsLive - Financial Trading Software
Immunotec - Health
Imperial Candles (UK) - Candles
In a Pikle - Bags
Income Advantage -
India Hicks - Product/Accessories
Infinitus - Health
Initials, Inc - Bags
Inkd Up Nails - Beauty
innov8tive nutrition - Nutritional Supplements
InteleTravel - Travel
Intimo (AUS/NZ) - Adult Novelties
Isagenix - Dietary Supplements
ItWorks! - Health
J. Elizabeth - Clothing
J. Hilburn - Clothing
J.R Watkins -
Jafra - Beauty
Jamberry - Beauty
Jamby - Clothing
Jamie at Home (shut down) -
Janice Collection - Home Goods
Java Momma - Coffee
Javita - Coffee
Jbloom - Jewelry
Jequiti - Cosmetics
Jerky Direct -
Jeunesse - Beauty
Jewel Kade (31) - Jewelry
Jewelscent - Product/Candles
JK Apparel (Canada) - Clothing
Jordan Essentials - Beauty
JoyMain (China) - Health
Joyome (Plexus) - Beauty
JuicePlus - Nutritional Supplements
Jump Natural - Health
Kaesar & Blair -
Kalaia - Skincare/Health
Kalo & Co - Pearl/Jewelry
Kangen Water -
Kannaway - CBD Oil
Karat Bars - Gold
Kaszazz - Scrapbooking
Keep Collective - Jewelry
Keep Me Safe - Cos
KETO (Pruvit) -
Keto Coffee - Coffee
Ketones - Health
Kirby - Vacuums
Kleeneze - Home Goods
Kobold (Vorwerk) -
Kyani - Health
Labella Baskets - Home Goods
Lady Godiva Beauty - Cosmetics
Lavylites - Beauty
L'BRI - Beauty
LeadUp Consulting -
Legal Shield - Legal Services
LegArt (Canada) - Leggings
Legend Age (China) -
Legging Army - Clothing
Legging Girl - Clothing
Lemongrass Spa - Beauty
LeReve (Canada) - Cosmetics
Le-Vel (Thrive) - Health
Lia Sophia (dissolved) - Jewelry
Life Abundance - Pet
LIFE Leadership - Financial
Life Tree World - Food
LifePlus (US/Germany) - Dietary Supplements
Life's Abundance - Pet Supplies
LifeVantage - Dietary Supplements
Lilla Rose - Jewelry
Limelife - Skincare/Health
Limu - Health
Limu - Nutritional Supplements
Linen World - Home Goods
Lion Crown -
Lipsense - Beauty
Liv International - Travel
Live Sore - Clothing
Longabeger Company - Baskets
Longrich (China) - Beauty
Lorraine Lee Linen - Home Goods
Love Winx - Adult Novelties
LR Beauty & Health - Beauty
LuLaRoe - Clothing
Lulu Ave - Jewelry
Luminess - Cosmetics
Lyoness - Financial
M. Global (Jamberry) - Jewelry
M. Network - Nutritional Supplements
Maelle Beauty - Beauty
Magnabilities - Jewelry
Magnolia & Vine - Jewelry
Makeup Eraser - Cosmetics
Man Cave - Kitchen Accessories
Mannatech - Dietary Supplements
Mark. - Financial
Market America - Health/Beauty/Home Goods
Marly Ray - Pearl/Jewelry
Marvelous Mouse Travels - Travel
Mary & Martha - Home Goods
MaryKay - Beauty
Maskara - Beauty
Matilda Jane - Clothing
Max & Madeleine - Skincare/Health
Maxwell Clothing - Clothing
MCA - Financial
Medifast - Nutritional Supplements
Melaleuca - Health/Beauty/Home Goods
Metabolife (dissolved in 2005) -
MiA Bath and Body (Closed) -
mialisia - Jewelry
Miche EU - Accessories
Miki (Asia) - Nutritional Supplements
MOA Nutrition - Nutritional Supplements
MojiLife - Essential Oils
Monat - Hair Care
MonaVie (went into foreclosure 2015) -
Morinda Bioactives - Personal Care/Dietary Supplements
Motives Cosmetics - Cosmetics
Multpure - Water
My Club 8 - CBD Oil
My Daily Choice - Nutritional Supplements
My LALA Leggings - Clothing
myEcon - Financial
National Safety Associates - Dietary Supplements
National Wealth Center - Education
Natura (Brazil) - Cosmetics
Nature Direct (AUS) - Essential Oils
Nature's Sunshine Products - Dietary Supplements
Neal's Yard Remedies Organic - Beauty
NeoLife - Dietary Supplements
Neora (Nerium) -
Nerium - Skincare/Health
NeVetica - Pet Supplies
New Era (China) - Nutritional Supplements
New U Life - Health
Neways - Personal Care
Noevir - Beauty
Nomades - Jewelry
Noonday Collection - Jewelry
Norwex - Cleaning Producs
Nouveau Riche (real estate investment college) (dissolved 2010 -
Nspire Network - Feminine Products
NuCerity - Skincare/Health
NuSkin - Tooth Paste/Personal Care
NXIVM - Financial
Nygard - Clothing
Omnilife - Dietary Supplements
One Hope Wine - Wine
Optavia - Health
Opulenza - Jewelry
Organo Gold - Coffee
Oriflame - Personal Care
Origami Owl - Jewelry
Our Hearts Desire - Jewelry
Paid 2 Save - Travel
Pampered Chef - Kitchen Accessories
Paparazzi - Jewelry
Paperly - Paper
Park Lane Jewelry - Jewelry
Party Girl - Candles
Party Lite - Candles
Party Time Mixes - Food
PartyLite - Candles
Passion Parties - Adult Novelties
Pawtree - Pet
Paycation - Travel
Peach - Clothing
Pearl Chic - Pearl/Jewelry
Peekaboo Beans - Clothing
Perfect (China) - Cosmetics
Perfectly Polished - Beauty
Perfectly Posh - Beauty
Personally Poetic - Jewelry
PHP - Insurance
Pierre Lang - Jewelry
Pink Zebra - Candles
Piphany - Clothing
PixieLane - Clothing
Plexus - Health
Plumeria Bath - Beauty
Plunder - Jewelry
PM International - Health
Pola (Japan) - Skincare/Health
Poofy Organics - Beauty
Powur - Solar Panels
Premier Designs - Jewelry
Premier Financial - Financial
PrimeMyBody - Health
Primerica - Financial
Princess House - Kitchen Accessories
ProYoung - Health
Pruvit - Health
Pulse Cosmetics - Cosmetics
Pure Haven - Cosmetics
Pure Romance - Product
PureHaven - Home Goods
PUREly - Essential Oils
Purium - Health
Qnet - Nutritional Supplements
Quanjian Natural (China) - Food
Rain International - Health
Rainbow Vacuum - Vacuums
Real Time Pain Relief - Health
Red Aspen - Beauty
RED Safety - Security
Regal Home and Gifts - Home Goods
Reliv - Health
Reliv - Nutritional Supplements
Renatus Real Estate - Education
RevitalU - Coffee/Health
Riway - Deer Placenta
Robert Kiyosaki -
Rodan+Fields - Beauty
Roland (Vorwerk) -
Rolmex (China) - Kitchen Accessories
Royal Tongan Limu (dissolved in 2003) -
Royaltie Gens - Marketing
Ruby Ribbon - Clothing
Saba - Health/Beauty
Sabika Jewelry - Jewelry
SafeGirl Security - Self Defense
Salad Master - Home Goods
SARSO (India) -
Scentsy - Health/Oils
Schneider's Gourmet World - Food
Scout & Cellar - Wine
Seacret - Beauty
SendOutCards - Gift Cards
Senegence - Skincare/Health
Shakeology (BeachBody) - Dietary Supplements
Shaklee - Dietary Supplements
Shopping Sherlock -
Shrimp & Grits - Clothing
Signature Homestyles - Home Goods
Silpada - Jewelry
Silver Icing - Jewelry
Simple Man - Personal Care
Simply Success Elite -
SimplyFun Games - Education
Skinny Body at Home - Dietary Supplements
SkinSanity/Tomorrow's Leaf - Skincare/Health
Smart Circle -
Solavei (dissolved 2015)[ -
Solvei (bankrupt) -
Sophie Paris (France/Asia) - Clothing
South Hill Designs - Jewelry
Southern Living at Home - Home Goods
SouthWestern Advantage - Education
Sseko - Clothing
Stampin Up - Paper
Steam Energy - Utilities
Steeped Tea - Tea
Stella & Dot - Clothing
Stream Energy - Financial
Style Dots - Jewelry
Success University - Education
Sun Hope (China) -
Sunrider - Health/Beauty/Home Goods
Sunset Gourmet - Food
Sunshine Empire (dissolved 2009) -
Surge 365 - Travel
Sweet Legs - Clothing
Sweet Minerals - Beauty
Symmetry Financial Group - Insurance
Syntek Global - Automotive
T.O.P Marketing Group -
TAG Team Marketing -
Taisei/Green Planet/Kaikisui (Japan_ - Purifiers
Tara at Home - Home Goods
Tastefully Simple - Food
Tavala - Health
Tealightful - Tea
Team National - Financial
TeDivina - Tea
Telecom Plus (UK) - Utilities
Telexfree (bankrupt 2014) -
The Advert Platfrom - Crypto Currency
The Body Shop at Home - Beauty
The Landmark Forum - Health
The Super Affiliate Network - Marketing
Thermomix (Vorwerk) -
Thirty One - Bags
Thrive - Health
Thrive Life - Food
Tiber River Naturals - Beauty
TKO WorldWide -
Tocara (Canada) - Jewelry
Tom James - Clothing
Total Life Changes/TLC - Health
TouchStone Crystal - Jewelry
Touchstone Essentials - Dietary Supplements
Tracy Negoshian - Clothing
Trades of Hope - Jewelry
Tranont - Financial
Transformational Beauty - Cosmetics
Travel Evolution - Travel
Traveling Vineyard - Wine
TraVerus Global - Travel
TriVita - Nutritional Supplements
Tropic Skin Care - Skincare/Health
True Peak Revolution (Europe) -
Truvision Health - Health
TS-Life - Nutritional Supplements
Tupperware - Tupperware
Unicity - Health
United Sciences of America (dissolved in 1987) -
United Warehouse (UK) -
US Health Advisors -
Usana - Nutritional Supplements
Usborne - Books
Utility Warehouse (UK) - Utilities
Valentus - Dietary Supplements
Vantel - Product/Pearls
Vasayo - Health
VectoCutco - Knives
Vemma - Dietary Supplements
viaOneHope - Wine
ViBella - Jewelry
VIC Cosmetics -
Vida Divina - Tea
Vie at Home (closed) -
Virtuity Financial Group (World Financial Group) -
ViSalus (Body by VI) - Dietary Supplements
Vitality Extracts - Essential Oils
VivaMK - Cleaning Producs
Volo - Health
Vorwerk - Home Goods
Votre Belle Maison (UK) - Giftware
Voxxlife - Health
Wakaya Perfection - Health
WakeUpNow (dissolved 2015) -
Watkins Inc - Health/Home Goods
Wealthperx - Travel
Wikaniko - Home Goods
Wildtree - Food
Willing Beauty - Beauty
Winasun - Health
Wine Shop at Home - Wine
Wines for Humanity - Wine
Wink Naturals - Health
World Financial Group/Pinnacle Leadership Development - Financial
World Leadership Group (dissolved in 2008) -
World Ventures/Wealth Wave/TKO WorldWide - Travel
WoTaBu - Travel
XanGo/Ziji - Health
Xerveo - Dietary Supplements
Xoom Energy - Utilities
Xooma - Weight Loss
Xstream Travel - Travel
Xyngular - Health
Yanbal Int - Jewelry
Yandi (China) - Nutritional Supplements
Yelloow - Beauty
Yevo (closed) -
Yofoto (China) - Health
Yoli - Health
YOR Health - Weight Loss
Young Living - Health
Younique - Beauty
YTB International - Travel
Zija - Health
Zilis - Health
Zinzino (Scandanavia) -
Zrii - Skincare/Health
Zurvita - Health
Zyia - Clothing
Zyn - Travel
TOTAL COUNT = 593
This list will be continually updated (1/23/19).
Sources: https://mlmtruth.org/2018/02/08/the-mlm-master-list/ , https://en.wikipedia.org/wiki/List_of_multi-level_marketing_companies
Special thanks to u/Copacetic1515 (I could not stick your thread)
For income disclosure information:
Other Helpful Links:
Discussion about World Financial Group: https://www.reddit.com/jobs/comments/34c6im/world_financial_group_be_careful_of_this_mlm/
Part      submitted by whatthefx to Forex [link] [comments]
In preparation for the possibility of GBPUSD (et al) making some major spike out moves on large charts and potentially entering into sharp corrective moves, I've been honing in on another area of trend trading mistakes. Up to now, the main focus has been on the 50/61 trap  . This has been largely effective. Some pretty wild swings, but it's ultimately swinging in the right direction. This is to be expected. Markets have made this sort of pattern for decades. I've no idea why people think it's not there or is going away any time soon. For the time being, betting on it has great odds.
I've said in previous posts the 61.8 trap formation is one of the areas where most of the money is made and lost in Forex. This is the other one. Between these two points, it would be my guess this is where most retail traders lose their money. It's where I've lost most of mine, I am sure of that. They are cunning traps, and these traps snap down hard. In the 50/61 trap section we've covered how to enter into the start of trend legs, and now we'll cover how to exit at the optimum profit level (and reverse).
We'll start looking at what I've explained previously while alluding to this mistake. This is the first selling mistake, indicated in the chart here with a 3 as we switch from black to blue.
The mistake is explained as "breakout trading rushing in", and also as an area people are stopped out using H/L rules.
I've explain many times in many ways how news events can carry what essentially amounts to misinformation in terms of what you do in trading, and how these events are often found marking out the extremes in trend moves. I've mainly focused on entering in line with the trend to this point, but the same is true for the end of a trend/start of correction.
I've also explained how I design my trade plans ignoring any news there may be in the sense that I do not do analysis on it (or try to guess it). While doing this I've explained that I do think it's very possible news events will feature during the moves. They usually do. I do not need to know about them. All I need to do is make a trade plan that understands it might have volatile moves in it, and how a person would give themselves the best chance to profit from that.
This news stuff is very important. You need to understand that when I think about news events, I think of them in terms of the sort of price moves they create ... because nothing else matters!
I know in some parts of the cycles price moves fast. Sometimes it moves in ways that abnormal, seeming. I also know that when there are news events, these are the things that happen. So when we are trading in areas where I know price can move aggressively, I also know there may be news triggers for this. Here are the areas I'd expect news triggers. Red circles are sell news and green buy news.
Of course, the way the market actually moves does not have to make any sense at all relative to the news. Let's face it, it rarely does. Not without some mental gymnastics anyway. This is why I'm not paying attention to that. There are points at which I actually expect the news move to make no sense at all. One of these is in the rally to retest the high, notice the circle for the news event is before the spike up.
So when I make winning trades that take profit in some news event, it's entirely correct to say I did not know that was going to happen. However, it's entirely incorrect to assume I did not calculate there being "some event". It is wrong to think yourself mere cannon fodder to these sorts of events, you can do better (Test! I'd like you to come to understand this, and it must be learned, there's only so much I can teach).
Now, I had been setting this up to trade the possible swing from GBPUSD making a spike out low, and this would have been some time from now (at least days, I'd expect) but we've got a chance to test out this feature early using social indicators. Social indicators are a thing. They are really useful for spotting these.
Main sorts of indicators. "What just happened?", "HUGE breakout on XXXXXX", "Game changing news .... XXXXXX breaks the highs ... to the moon". Any of this stuff, when you see it and go look on a chart for counter signals of whatever it is that is implying. Look and see if we've had the conditions that predict this kind of breakout - then fade the public chatter.
Look out for flash in the pan news events. Do not follow these, they are nonsense. I promise you, when there's someone who tells you otherwise talking about what they think happened, I am executing on my positions. When they first found out something was happening, I may well have been hitting my take profits.
These "market movers" tend to be over and done with in an hour. Unless you followed them ... then you're stuck in a shitty trade for as long as that takes.
Bringing us to our social trigger. Someone posts a Trump tweet. Apparently these are important. I've not noticed. I am in trading positions most of the time he tweets, usually a few days later I find out that was "why it happened". The thought of using this for real time indicators to follow is madness to me, now. There's a time I'd have thought that perfectly logical. When you do the charting hours, it does not make sense. So should be ignored.
Maybe not entirely ignored. When I seen this, I went and checked for counter trading signals on USDJPY. Seen one instantly (social indicators are fucking accurate, I'm being serious).
This was the position I took. I also suggested the poster stopped following this bullshit.
I explained the mistake.
Here is what that looks like on a chart. Blue circle is where the breakout alert comes, green circle is where I bought.
We can see this is probably not something we want to be basing our trading decision on. Quite evidently.
After taking my position, I took some time to explain the situation to someone who commented saying they'd bailed out on a sell after reading through my posts (good things happen when you read my posts with an open mind). Price spiked 100 pips from the price they escaped on.
So our strategy to trade from here is simple. We buy into the sharp drops on USDJPY. We watch for short term drops and mini false breakouts - then we buy for the "swish" up move. The same strategy I said could be used on GBPUSD early last week, you know ... before the news made it happen.
We do have to be cautious, price can re-test the lows (and it can do it in one big fast candle). It can even make a further breakout (which could be stronger). For as long as USDJPY trades above the lows it's made in the start of the week, though we should see all drops in price as opportunities to buy with great risk:reward.
With this in mind, I've activated my trend traders on USDJPY, they should start to sell the false sell offs for me, and be putting me in nicely near the end of the bear traps. We might be on the way to seller mistake #2. Where the break/retest trade fails, and if we this should be very profitable betting against those who get slaughtered in the quick correction.
This has done really well, as would be expected. This really is a deadly part of the market for trend followers.
submitted by JalelTounsi to ethfinance [link] [comments]
1. BreakoutBreakout strategies center around when the price clears a specified level on your chart, with increased volume. The breakout trader enters into a long position after the asset or security breaks above resistance. Alternatively, you enter a short position once the stock breaks below support.
After an asset or security trades beyond the specified price barrier, volatility usually increases and prices will often trend in the direction of the breakout.
You need to find the right instrument to trade. When doing this bear in mind the asset’s support and resistance levels. The more frequently the price has hit these points, the more validated and important they become.
Entry PointsThis part is nice and straightforward. Prices set to close and above resistance levels require a bearish position. Prices set to close and below a support level need a bullish position.
Plan your exitsUse the asset’s recent performance to establish a reasonable price target. Using chart patterns will make this process even more accurate. You can calculate the average recent price swings to create a target. If the average price swing has been 3 points over the last several price swings, this would be a sensible target. Once you’ve reached that goal you can exit the trade and enjoy the profit.
2. ScalpingOne of the most popular strategies is scalping. It’s particularly popular in the forex market, and it looks to capitalise on minute price changes. The driving force is quantity. You will look to sell as soon as the trade becomes profitable. This is a fast-paced and exciting way to trade, but it can be risky. You need a high trading probability to even out the low risk vs reward ratio.
Be on the lookout for volatile instruments, attractive liquidity and be hot on timing. You can’t wait for the market, you need to close losing trades as soon as possible.
3. MomentumPopular amongst trading strategies for beginners, this strategy revolves around acting on news sources and identifying substantial trending moves with the support of high volume. There is always at least one stock that moves around 20-30% each day, so there’s ample opportunity. You simply hold onto your position until you see signs of reversal and then get out.
Alternatively, you can fade the price drop. This way round your price target is as soon as volume starts to diminish.
This strategy is simple and effective if used correctly. However, you must ensure you’re aware of upcoming news and earnings announcements. Just a few seconds on each trade will make all the difference to your end of day profits.
4. ReversalAlthough hotly debated and potentially dangerous when used by beginners, reverse trading is used all over the world. It’s also known as trend trading, pull back trending and a mean reversion strategy.
This strategy defies basic logic as you aim to trade against the trend. You need to be able to accurately identify possible pullbacks, plus predict their strength. To do this effectively you need in-depth market knowledge and experience.
The ‘daily pivot’ strategy is considered a unique case of reverse trading, as it centers on buying and selling the daily low and high pullbacks/reverse.
5. Using Pivot PointsA day trading pivot point strategy can be fantastic for identifying and acting on critical support and/or resistance levels. It is particularly useful in the forex market. In addition, it can be used by range-bound traders to identify points of entry, while trend and breakout traders can use pivot points to locate key levels that need to break for a move to count as a breakout.
Calculating Pivot PointsA pivot point is defined as a point of rotation. You use the prices of the previous day’s high and low, plus the closing price of a security to calculate the pivot point.
Note that if you calculate a pivot point using price information from a relatively short time frame, accuracy is often reduced.
So, how do you calculate a pivot point?
ApplicationWhen applied to the FX market, for example, you will find the trading range for the session often takes place between the pivot point and the first support and resistance levels. This is because a high number of traders play this range.
It’s also worth noting, this is one of the systems & methods that can be applied to indexes too. For example, it can help form an effective S&P day trading strategy
6. Moving Average CrossoverYou will need three moving average lines:
So, You’ll open a position when the moving average line crosses in one direction and you’ll close the position when it crosses back the opposite way.
How can you establish there’s definitely a trend? You know the trend is on if the price bar stays above or below the 100-period line.
the source : https://www.daytrading.com/strategies
Best Forex Trading Strategy-90% Accurate. This one of a kind Forex trading strategy is based on price dynamics and traders realtime sentiment. Forex Dolly Trend Bars Trading System for M15 and M30 Time Frame. Forex Trend Catcher Trading Strategy With Moving Average and MACD Custom Indicator . Forex Trend Catcher Trading Strategy – Since the system uses a lot of moving averages, placing them ... This is Easy Accurate Forex Trading Indicator and Strategy – I’ve gone through a lot of trading systems, and some of them didn’t make my account any better. I eventually learned a lot of lessons from the systems that I have tried, and I began making my own system, along with modifying the ones that I like. DOWNLOAD TRADING SYSTEM. Trading NOTES. Use these NON-REPAINT Tools For Making The ... 15 Min Scalping Strategy – Simple and Highly Effective Forex Trading Strategy We’re going to move further and look at some practical examples that will show you how this strategy works. First Example is a long GBP/USD setup right at London Open where we have a false breakout to the downside of the Asia range with spotted RSI divergence which is a BUY trigger signal. A Simple Forex strategy will have fewer elements to break than a complicated one in the brutal world of Forex trading, therefore, keeping it simple is always the best move. 1. Long Term Breakout Trading. FACT: Most major trends start from new market highs or lows. This is one of the simple Forex trading strategies that work, buying breakouts on the chart to new highs and selling new lows. Most ... The 1-minute scalping strategy is a good starting point for Forex beginners, as it is quite a simple strategy to follow. However, you should be aware that this strategy will demand a certain amount of time and concentration. If you are not able to dedicate a few hours a day to trading, then it might not be suitable for you. 3. Trend Trading Strategy. Trend trading is a simple forex strategy used by many traders of all experience levels. Trend trading attempts to yield positive returns by exploiting a markets ... Forex scalping strategy is a Forex trading strategy used to detect changes in the forex market. It enables the users to find out even a single change in the forex market. It is the best trading strategy for beginners. It helps them to make accurate trade. It is specially designed for the forex trading system and the Meta trader platforms like mt4 and mt5. 1 Minute Scalping Strategy & PDF ...
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In this video we cover a simple and accurate forex scalping strategy for the 5 minute (m5) chart. Scalping is a style of short-term trading that is popular a... Learn my other profitable strategies: https://bit.ly/2xpgWqMIn this video, I will walk you through a simple forex trend-following strategy that I've been tradin... Join our Trading Room where we discuss All Things Forex on a daily basis: https://bit.ly/2NLxbsa In today's video, I will explain my SIMPLE and PROFITABLE fo... 👉📘 Get my FREE E-Book CLICK HERE: https://www.andrewstradingchannel.com/ Join & Copy My Trades Everyday For Life with LIFETIME ACCESS 💰Income-Mentor-Box ... Welcome to our 5 Minute Forex Scalping Strategy that is simple and easy to follow for beginners. Whether you're new to trading or not, this strategy is great fo...