How it works
EVEN THAT YOU CHOSE ONE OF THESE
INDICATORS
MATHEMATICAL THEORIES
FUNDAMENTAL ANALYSIS
TECHNICAL ANALYSIS
WAYS TO BUILD UP YOUR STRATEGIES.
DOESN'T MATTER !!!
IN ORDER, TO GET THE SUCCESS
YOU NEED
THE
HOLY GRAIL FORMULA.
MATHEMATICAL THEORIES
PROBALITY THEORY
Probability theory, a branch of mathematics concerned with the analysis of random phenomena. The outcome of a random event cannot be determined before it occurs, but it may be any one of several possible outcomes. The actual outcome is considered to be determined by chance.
GAME THEORY
Game theory is the study of mathematical models of strategic interaction among rational decision-makers. It has applications in all fields of social science, as well as in logic, systems science and computer science. Originally, it addressed zero-sum games, in which each participant's gains or losses are exactly balanced by those of the other participants. In the 21st century, game theory applies to a wide range of behavioral relations, and is now an umbrella term for the science of logical decision making in humans, animals, and computers.
LARGE NUMBERS
In probability theory, the law of large numbers (LLN) is a theorem that describes the result of performing the same experiment a large number of times. According to the law, the average of the results obtained from a large number of trials should be close to the expected value and will tend to become closer to the expected value as more trials are performed.
INDICATORS
RALPH NELSON ELLIOT
The Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. Ralph Nelson Elliott (1871–1948), a professional accountant, discovered the underlying social principles and developed the analytical tools in the 1930s. He proposed that market prices unfold in specific patterns, which practitioners today call Elliott waves, or simply waves.
WILLIAM GANN
A Gann angle is a straight line on a price chart, giving a fixed relation between time and price. For Gann the most important angle was the line which represented one unit of price for one unit of time, called the 1x1 or the 45° angle. The value of a commodity or stock following this angle will for example increase by one point per day. Other important angles were the 2x1 (moving up two points per day), the 3x1, the 4x1, the 8x1, and the 16x1. In addition to these value increases, the corresponding angles for value decrease are just as important. When several of these angles are drawn in a group, they are often called a Gann fan.
LEONARDO BONACCI
Fibonacci is best known, though, for his introduction into Europe of a particular number sequence, which has since become known as Fibonacci Numbers or the Fibonacci Sequence. He discovered the sequence – the first recursive number sequence known in Europe – while considering a practical problem in the “Liber Abaci” involving the growth of a hypothetical population of rabbits based on idealized assumptions.
FUNDAMENTAL ANALYSIS
CENTRAL BANK FACTS
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a state or formal monetary union,and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks.
STOCK MARKET MOVMENTS
It is difficult to identify specific factors that influence the market as a whole. The stock market is a complex, interrelated system of large and small investors making uncoordinated decisions about a huge variety of investments. "The market," so to speak, is not a living entity. Instead, it is just shorthand for the collective values of individual companies.There are basic economic principles that can help explain any up and down market movements, and with experience and data, there are more specific indicators market experts have identified as being significant.
FUTURES EXCHANGE
Futures are derivative financial contracts that obligate the parties to transact an asset at a predetermined future date and price. The buyer must purchase or the seller must sell the underlying asset at the set price, regardless of the current market price at the expiration date.
TECHNICAL ANALYSIS
TRADE IN CHANNEL
Trading channels are a quite useful in graphically depicting support and resistance levels. Technical traders often rely on them in identifying optimal levels to buy or sell a specified security. Technical analysts can also follow any of a number of patterns that may occur within a channel to discern short term directional changes in market prices. Trading channels, however, provide one of the most important overlays that a technical analyst will use for long-term analysis and trading decisions.
CANDELSTICK FORMATION
Candlesticks are graphical representations of price movements for a given period of time. They are commonly formed by the opening, high, low, and closing prices of a financial instrument.If the opening price is above the closing price then a filled (normally red or black) candlestick is drawn.If the closing price is above the opening price, then normally a green or hollow candlestick (white with black outline) is shown.The filled or hollow portion of the candle is known as the body or real body, and can be long, normal, or short depending on its proportion to the lines above or below it.The lines above and below, known as shadows, tails, or wicks, represent the high and low price ranges within a specified time period. However, not all candlesticks have shadows.
PATTERNS
In technical analysis, transitions between rising and falling trends are often signaled by price patterns. By definition, a price pattern is a recognizable configuration of price movement that is identified using a series of trendlines and/or curves.When a price pattern signals a change in trend direction, it is known as a reversal pattern; a continuation pattern occurs when the trend continues in its existing direction following a brief pause.
AT THE END FINALLY
Whatever your strategy is
THE MOST IMPORTANT THING IS