Why we got no clue about technical analysis?

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Technical analysis is easy but lot of us make it complicated. If you have mastered support and resistance to draw trend lines, then you can make a lot of money. You should be familiar with the bearish and bullish sentiments in the market. If you follow the news, you can judge the market whereas in addition the support/resistance gives the clue.

The one thing that you shouldn't be doing is drawing too much lines each day. Choose the right time frame and start drawing because too much lines gives you boredom and unclear prediction. Have a single method and test it 100 times and you can get more confident with your trading style.

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Resistance and Support Afl amibroker

After months of hardwork, I was able to find this code, You can use it to find the Resistance and Support of any timeframe in Ambroker. This can be used in weekly timeframes to pick weekly stocks for short term trading. These levels are also called as the demand and supply zones. I will update in another post about how to pick stocks for weekly timeframes using this amibroker formula. thanks for reading : ) thanks to original creator of this afl : ) _SECTION_BEGIN("Price"); SetChartOptions(0,chartShowArrows|chartShowDates); _N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) )); Plot( C, "Close", ParamColor("Color", colorDefault ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); #pragma nocache // Commentry output .... EnableTextOutput(False); AudioAlert = ParamToggle("Audio Alert", "On|Off"); ...

Learn about crypto trading

crypto trading is super easy and when you know the tricks of trade, you keep on making profits. I was clueless about crypto currency trading initially and I found a course on udemy which gives you the exact blueprint for success. Most people think that crypto trading is too tough but if you focus on the basics and put extra effort, everything becomes easy Basics+ Extra effort = success initially I would keep on making losses and roam without a strategy but things are a bit easier. My focus is to make $30 each day from crypto and that's all I need. I am planning to make it $100 in the future, crypto trading is like golden goose and it keeps on laying eggs. most people want to buy 1 bitcoin and get rich overnight which never happens. Be systematic and focus on making $100 and call it a day. To become a doctor, you spend 5 years and a lot of money for your education. But for crypto trading,you want to become one overnight. If you want to learn about technical analy...

Why afternoon trade is profitable?

Trading is risky but not bad to take it as profession full time. There are people who are crypto currency traders who are glued to the screen all the time. Time and volume can’t be ignored because it when mastered rightly would change the life of an ordinary trader to a super-rich guy within few months. Stock trading is not a casino machine but if you have a strategy in place, you keep getting the positive results. Afternoon trades are like the ending scene of the movies. After the interval block, the audience are curious about the end of the movie. You know the characters well and you can predict the trend of the movie. Why don’t you apply the same with the stocks? There are many ideas on how to pretend the trend and one of the simple key factor is the EMA. A simple 10 day EMA on 5 minute charts would give the clue. If you have time, then check out the courses that would help you learn the basics of trading. You shouldn’t try trading with a stop-loss and that’s the bo...

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