Notes

Forex: Trading Using Psychological Number
A common phrase among traders: "The trend is your friend, until it ends." If you see a strong trend you should investigate the fundamentals to gain a better understanding of what is driving it and what the next moves might be for that currency pair.

So how do you do it? It's not difficult as you think. Simply pull out a chart showing the currency pair you wish trade. First, take a look at the chart. The first impression is always the most accurate. If price is going upwards from the bottom and if the past 3 to 5 candlesticks are bullish, then it's obviously an up trend. It's the reverse for a downtrend.

One of the most prominent stars is the doji. It indicates that the opening and closing price are the same. It could have a different upper or low shadow and look like a crossed. It is also requires a confirmation for the following day (depends on what time period to be used: hourly, daily, etc).

Never trade while you aren't there. Emotions can cloud judgements. Money has strong links to peoples' emotional states.

Trend analysis is actually used to predict the bull and bear phases of the markets. Profitable markets can be found when you follow the trends. The markets have three types: short, intermediate and long-term trends. We analyze trends to find that when the market is in a bull period, stock prices tend upwards. And when the bears rule the market, then the stock prices plunge downwards. All these phases are followed by trend reversals and market reversals.

Many novice traders are greedy and want the lowest price possible so they can make full profits. bitcoin bullish Most of the time, they will miss the best chance to make a trade because the price did not reach that low in value before it goes rising again.

You can simply look for support and resistance that has been tested more than once, and if the time frames differ widely, even better. The more tests and the more different time frames, the more valid support and resistance is likely to be. All you do is wait for the break and buy or sell accordingly.

Before we dive into the discussion on the strategies let me briefly explain what option spreads are. Spreads are basically buying one option and selling another against it. This creates a defined risk position, but it also eliminates the unlimited profit potential of buying an option outright. aset koin tokocrypto are where you buy one option strike for a specific underlying, and then sell another option in that month. Calendar spreads involve buying an option strike in one month for a given underlying and selling an option of the same strike price and same underlying but in a different month.
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