Fundamental Analysis, Technical Analysis and synthetics
Iβve been trading for a bit currencies and synthetics and Iβve figured out that what most of us call MANIPULATIONS and most often than not NEWS EVENTS.
How so? The synthetics are based on real world data. I got the opportunity to see the back end of a synthetic algorithm and it looks something like this
SPX 500 (40%) + BTC/USD(15%) + GPB/USD (35%) +BTC/ETH (10%)= VIX 75 (100%)
So when there is activity on the data source, the aggregate will react, this causes the buy/sell referred to as manipulation.
Worthy of note is the fact that market makers make use of NEWS to move price in their favour, so there is need to be aware of what is going on financially globally especially with major currencies and indices and be alert with sudden movements and trade accordingly.
Hope this helps someone.
Stay safe.
Yamsat
Iβve been trading for a bit currencies and synthetics and Iβve figured out that what most of us call MANIPULATIONS and most often than not NEWS EVENTS.
How so? The synthetics are based on real world data. I got the opportunity to see the back end of a synthetic algorithm and it looks something like this
SPX 500 (40%) + BTC/USD(15%) + GPB/USD (35%) +BTC/ETH (10%)= VIX 75 (100%)
So when there is activity on the data source, the aggregate will react, this causes the buy/sell referred to as manipulation.
Worthy of note is the fact that market makers make use of NEWS to move price in their favour, so there is need to be aware of what is going on financially globally especially with major currencies and indices and be alert with sudden movements and trade accordingly.
Hope this helps someone.
Stay safe.
Yamsat
HAVING A TRADING JOURNAL IS ESSENTIAL FOR ANY TRADER WHO DESIRES TO LEARN HOW TO TRADE EFFICENTLY. β¨
πHere at TradeWithBolu, we ensure our clients undergoing our training courses develop the art of keeping tabs with a well articulated trading journal as they learn how to trade with a distinct course framework.
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You can join our Facebook community via this linkπ https://www.facebook.com/tradewithbolu/
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πHere at TradeWithBolu, we ensure our clients undergoing our training courses develop the art of keeping tabs with a well articulated trading journal as they learn how to trade with a distinct course framework.
πSign Up for any of our courses today and let's ignite the ability for you to trade meticulously well.π
Send a DM to @P_pearce for more details on our courses.
You can join our Facebook community via this linkπ https://www.facebook.com/tradewithbolu/
You can also share this Telegram group via the link below
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Making $1000 and spending $990 is what keeps people broke.
The one that makes $500 but only spends $100 is richer.
Stop playing the status game trying to look rich.
Wealth is created with patience.
- Jose Rosado
The one that makes $500 but only spends $100 is richer.
Stop playing the status game trying to look rich.
Wealth is created with patience.
- Jose Rosado
Trust the processπͺ
Invest your timeβ± and you will see the results you seek
http://bit.ly/tradewithbolu
Invest your timeβ± and you will see the results you seek
http://bit.ly/tradewithbolu
3 dollars per week changes everything. If you can make this... you can trade for a living. Sounds absurd right? Consider 10 cents - a meager 10th of a dollar per pip at 30 pips... or $3.00 This is your goal initially with live funds. Not 2% or 5R or whatever you thought.
Fools will disregard the importance of having a realistic & "low hanging fruit" objective every week. These same 30 pips can mean a lifetime of cash flow. However you need to train yourself in a Demo for a week to see it consistently. Then ease into it very slowly with live $
As time passes your confidence in following what you disciplined yourself with via Demo practice will permit $1.00 per pip or $30.00 per week... keeping it boring. Never building emotional attachment to the results or money. Then $10.00 per pip or $300.00 per week.
Every failure or toxic social media trainwreck fails to follow this model. Don't ignore it. It will permit exponential growth & preserve your disciplined mindset. Gradually 30 pips per week becomes a day if you want it. Trust the process π
This is not about ego or being smart. It is about following rules. When you do... profits follow the process. Ignore the money... trust the process. Do not feel you "need" to make money... let it happen by default. Dismiss any other advice concerning consistency... it is BS.
The same cookie cutter 30 pips will allow you to scale to your heart's desire... but you need to learn to find it weekly FIRST. Trust me... you CAN do this.
Instagram heros & YouTube wannabes won't ever tell you these things because if flies in the face of reality. Something they don't operate in... most of the time. They get you hooked on the "image" because they lack substance in educating viewers on how to do it properly.
Lambos and clothes and watches... these things are useless distractions if you can't make your own profits. I can buy a lambo every week... you don't see me posting that stuff. It won't make you learn any better - it only creates distractions. Image is nothing - stay focused.
Not what you want... but precisely what you need.
- Michael J. Huddleston
AGREED
Fools will disregard the importance of having a realistic & "low hanging fruit" objective every week. These same 30 pips can mean a lifetime of cash flow. However you need to train yourself in a Demo for a week to see it consistently. Then ease into it very slowly with live $
As time passes your confidence in following what you disciplined yourself with via Demo practice will permit $1.00 per pip or $30.00 per week... keeping it boring. Never building emotional attachment to the results or money. Then $10.00 per pip or $300.00 per week.
Every failure or toxic social media trainwreck fails to follow this model. Don't ignore it. It will permit exponential growth & preserve your disciplined mindset. Gradually 30 pips per week becomes a day if you want it. Trust the process π
This is not about ego or being smart. It is about following rules. When you do... profits follow the process. Ignore the money... trust the process. Do not feel you "need" to make money... let it happen by default. Dismiss any other advice concerning consistency... it is BS.
The same cookie cutter 30 pips will allow you to scale to your heart's desire... but you need to learn to find it weekly FIRST. Trust me... you CAN do this.
Instagram heros & YouTube wannabes won't ever tell you these things because if flies in the face of reality. Something they don't operate in... most of the time. They get you hooked on the "image" because they lack substance in educating viewers on how to do it properly.
Lambos and clothes and watches... these things are useless distractions if you can't make your own profits. I can buy a lambo every week... you don't see me posting that stuff. It won't make you learn any better - it only creates distractions. Image is nothing - stay focused.
Not what you want... but precisely what you need.
- Michael J. Huddleston
AGREED
It has come to our notice that some unscrupulous people are requesting for money to trade for people in the name of Tradewithbolu
Kindly note that I do not trade for people
Beware !
Kindly note that I do not trade for people
Beware !
β οΈNEW VIDEO ALERTβΌοΈ
Thank you for choosing TradeWithBolu!
In today's video, we would be analysing the following pairs EURUSD, GBPUSD, EURGBP, EURNZD, NAS100. This is to give you an overview of what to expect this week.
To see more content like this weekly be sure to subscribe to the channel. Remember to drop a like if you enjoyed this video.
Have a profitable trading week ahead!π°
πππ
https://youtu.be/bKlw59A4VwM
Thank you for choosing TradeWithBolu!
In today's video, we would be analysing the following pairs EURUSD, GBPUSD, EURGBP, EURNZD, NAS100. This is to give you an overview of what to expect this week.
To see more content like this weekly be sure to subscribe to the channel. Remember to drop a like if you enjoyed this video.
Have a profitable trading week ahead!π°
πππ
https://youtu.be/bKlw59A4VwM
YouTube
TWB WEEKLY ANALYSIS FOR 14-18 JUNE 2021
Thank you for choosing TradeWithBolu!
In today's video, we would be analysing the following pairs EURUSD, GBPUSD, EURGBP, EURNZD, NAS100. This is to give you an overview of what to expect this week.
Have a profitable trading week ahead!
For free signalsβ¦
In today's video, we would be analysing the following pairs EURUSD, GBPUSD, EURGBP, EURNZD, NAS100. This is to give you an overview of what to expect this week.
Have a profitable trading week ahead!
For free signalsβ¦
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What are you waiting for?π€·ββοΈ
β We have an amazing outline that is crafted to ignite the professional trader in you.πͺ
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ENSURE YOU DON'T MISS OUT ON OUR TRAINING COURSES THIS MONTH!β¨
π₯SIGN UP TODAYπ₯
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You can share this Telegram group with friends via the link below
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What are you waiting for?π€·ββοΈ
β We have an amazing outline that is crafted to ignite the professional trader in you.πͺ
β‘οΈTherefore enhance your trading skills and learn how to trade like a pro!πβ‘οΈ
ENSURE YOU DON'T MISS OUT ON OUR TRAINING COURSES THIS MONTH!β¨
π₯SIGN UP TODAYπ₯
Please send a DM to @P_Pearce for more information.
You can share this Telegram group with friends via the link below
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BAD TRADES SHOULD BE SEEN AS A TOOL TO CREATE SOME RULES; NOT A MEANS TO GIVE UP TRADING!πͺ
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"By working faithfully 8 hours a day, you may eventually get to be the boss and work 12 hours a day"
- Robert Frost.
http://bit.ly/tradewithbolu
- Robert Frost.
http://bit.ly/tradewithbolu