So you want to be hand fed, your probably better off doing the work yourself than die of old age waiting for someone to give you something for free.
%% BETTER THAN THAT; S&P 500/SPY+ get long >> aboVe 200 day moVing aVerage+ see how many diVidends you can collect over 40 years; HAS WORKED better much than 60% as measured by 200+ year$. As far as a bear market like the big ''one'' in 2000-2002.A skilled trader could trade it, but mainly with a bear dont do EXACTLY inVest like a bull /uptrend ,,even if it is a common way to make a million/millions. BIGger mistake to try to trade a full time 5 minute chart; Don Bright Daytrading Co also, did NOT like that one = TOO sloW,LOL, . Holding a SPXL or UPRO during a Bear may or may not work; i would NOT want the BIG %% DraWdoWn
%% I gaVe aWay one of those books And as good/helpful as IBD/InVestors Business Daily has been; i never paid much attention to thier NYSE composite chart= because i dont trade the NYSe composite...............................................................................................Like the Dow derivative trader noted ; its correlated to itself.I do record SPY, even if i'm out;since its a benchmark,
Posted prior to the Open today: "Anticipating a gap fill at or toward 65,75. If we find support there or sooner - I'll be looking to enter long for a move back up towards Friday's high at 83." Actual low today was 68,00 and the actual high was 88. Markets are impossible to predict. ES Journal - 2019/2020
It's certainly not a 50 % wager. The markets are technical and full of non-random patterns - hence why it's possible to predict. But in order to predict, you need actual data. A lot of people don't have that. Thus, they're just guessing or using their 'intuition'. I've been doing this for quite a time now and I usually have a good idea about the day ahead or at least what's normal on any given day - so yeah, I know it's not a crapshot. For example - a day like today. For that day to roll over and make new lows in the last 30 minutes? The odds of that happening are way below 10 %. Again - probabilities.
[ Most of QUOTE]"Laissez Faire, post: 4994952, member: 206390"]It's certainly not a 50 % wager. The market's are technical and full of non-random patterns - hence why it's possible.... But in order to ......[profit], you need actual data. A lot of people don't have that. Thus, they're just guessing or using their 'intuition'. I've been doing this for quite a time now and I usually have a good idea about the day ahead or at least what's normal on any given day - so yeah, I know it's not a crapshot. For example - a day like today. For that day to roll over and make new lows in the last 30 minutes? The odds of that happening are way below 10 %. Again - probabilities.[/QUOTE] Good points; %%. I had to edit out your ''prediction'' comment= but like you noted, its not a crapshoot. More like shooting ducks, deer or doVes. Miss some+ hit some+ still eat like a king.Deer seldom moVe @ noon, mostly early + late moVes .UK fund manager said dont run out of bullets= then the elephant comes along LOL, Single stocks are more risky than QQQ or SPY;but just to name one; Fidelity Contrafund picks them well + almost always beats SPY/S&P 500, 10 years or so[NOT a Fund or ETF tip........................................................................................................]
You can use the fundamental analysis to predict forex movements. While the list is endless and some events can be unpredictable, such as natural disasters, there are a few key drivers to the price of currencies that should always be at the forefront of any fundamental analysis. These are: Economic growth Inflation Interest rates Employment and wages Geopolitics Also, an economic calendar is crucial for anybody trading forex and a guide to the biggest economic and political events that are likely to have an effect, one way or another, on forex and other financial markets.