I mentioned it before when writing some about Gann and related stuff. There are so many different aproaches to this subject that its really dangerous to try trading it. So, really, be carefull what you are doing whe trying to figure out these mysteries like Gann. Here you have a beginning lesson on how you might exploit some of the ideas written by Gann and UNDERSTOOD by someone who thinks he knows what he actually talks about. Right, enjoy.
-
27SepW.D Gann, number theories Comments Off
-
27SepFibonacci, Fractals and Geometry Comments Off
Beside that strange accent this guy has some interesting stuff in his videos. Especially when its about geometry, fibo and… for the first time on my blog WOLFE WAVES. I hope there will be more stuff about it later but here you can see some basic stuff about it and how to apply it with other geometry methods in trading.
-
27SepSwing Trading Comments Off
Not everyone is natural born scalper, making 100+ transactions a day and off to the pub. Well, some people are just fathers or mothers who have to go to regular job everyday, listening to their boss, then driving back home and then maybe, just maybe, trade a bit in free time and have some hope that one day to become financialy independent. Well, here you go with this tiny video, see how to bite this problem.
-
27SepRelated Comments Off
Just to get into the proper mood - in case you dont know there is a crysis around the corner, financial armagedon or whatever they call it in the media. It is really hard to say what actually is going on and especially why. There are many talking heads, many opinions, lots of lies and a bit of truth maybe. It is sad that people really dont get what is going on or maybe they are not allowed to know. Just a thought. Peace.
-
23SepPrice Action Comments Off
Every child knows this “Trend is your friend” golden sentence. But there is this second part of that quote which is not that popular so here it goes as it should be: Trend is your friend, UNTIL IT ENDS lol Right but before you start to think about countertrend trades and catching falling knives with bare hands maybe its good to know how to act when there is actually a trend going on. So here you go with a simple video about how to act in trending market and use this greed factor to feed your account with some more $$$.
-
23SepDaytrading Comments Off
I said it some time before that its really great to belive in super scientific or pseudo-scientific theories and search for a holly grail. Thats not a problem until you really need to turn a hobby into profitable profession. I mean think about this. There are money on the street, just pick them up with simple tactic which was used for years and years by those who have a courage and discipline. Yesterday I watched a short interview with some kind of a guy who wrote another useless book for traders and one thing he said was actually interesting. Some of you might know it already but there is this quote: discipline is nothing but handling with pain. The more pain you can take the more disciplined you are and thats the key in old school aproach to trading. Discipline my friend and I kind of belive it but… there is always the other side of a coin, isnt it?
-
23SepIndicators Comments Off
After MACD and RSI, most common indicator/oscillator is probably Stochastic. To tell you the truth I was using this indicator for about three years and it was the last one I got rid of my charts. Still I have a sentiment to this tiny and simple formula. Anyway here is a video about some general stochastic methods, how to read it and what to do with it.
-
21SepCandlesticks and other chart types Comments Off
As one can expect there are many kinds of graphical representations of market data. I showed you candlesticks before and certainly I am going to get back to it soon but before this here goes point and figure type of chart. The idea behind it is to filter the noise in consolidation areas and make the chart more clear. There are many methods of using this kind of charts so here is the general description of chart itself.
-
21SepW.D Gann, number theories Comments Off
I hope every trader have seen “Pi” the movie. If not, do this now, personaly I think its one of the best films related to trading and not only. Anyway I digged this short discussion about the numbers. What can I say more, enjoy! Then maybe think about this for a second befor monday and charts and indicators, trendlines and other stuff will bring you down on earth.
Here you go with Pi trailer, highly recommended!!!
-
21SepFibonacci, Fractals and Geometry Comments Off
If you think about the market as a part of a larger phenomen it would be logical to look for some connections and corelations between these pieces. And if one go this path there is no limitations in sense of science you use to research plants, animals, societies and market itself… why? Because some say that all of those parts are based on the same idea or laws. See this video and watch how nature simply repeats its own parts… well, maybe in mathematical sense.
Recent Comments