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Showing 3 of 3 results by Makkiveli
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Topic
Board Altcoin Discussion
Re: Technical Analysis 101: How to Identify Market Patterns
by
Makkiveli
on 20/05/2019, 16:01:32 UTC
Been studying technical analysis for more than a year and do some work for a investment company for daily forex market movements.

Doing analysis for longer than i have traded, so im still developing trading skills, my biggest enemy being my own trading psychology and self sabotaging behaviors. Price action is my main analysis tool including time, trend analysis, fibonacci retracement for wave correction, classic support/resistance and some moving averages like 50, 100 and 200 EMA and  simple market structure patterns like trends and consolidation patterns like the article you have written.

One important factor that is not mentioned in your article is time. You want to see those patterns on a higher timeframe for them to have a higher probability of working. And people who use technical analysis for timing the market also need to learn about risk management and trading psychology. Every one has their own weaknesses, but first you need to find out what those are. Trading demo accounts takes off the edge for controlling emotions while trading, so i would suggest using extremely small amounts when starting and building up your risk tolerance as you learn how the market moves.
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Topic
Board Off-topic
Re: Flat Earth
by
Makkiveli
on 20/05/2019, 15:22:25 UTC
I have not read the whole thread, but i need to ask a question i have always wondered about flat earth theory. When the earth is flat, then all of the satellite GPS system should render useless. I reckon millions if not tens of millions have to be fully aware that the earth is flat - all aerospace and military occupations - because it would not be possible to use a map to call in artillery barrage or a tactical airstrike.
Post
Topic
Board Politics & Society
Re: How do you imagine ideal society?
by
Makkiveli
on 20/05/2019, 15:09:35 UTC
Altho an ideal society does not exist and probably never will, because the world is in constant change, i would imagine it would be something in the middle of socialism and nationalism. Going too far on the one side of the pendulum creates a opportunity for radicals to seize power. One side acquiring too much power will radicalize the other side as well and thus we will get large scale protests and eventually a civil war if one side is ignored for too long.