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Elder Impulse: The Perfect Trading System?

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When beginning to trade, it is advisable to look up what tools professional traders have in their arsenal. The Elder impulse system designed by Alexander Elder and featured in his book “ Come into My Trading Room ”, is one of the best tools that people new to trading can employ right away. The trading system is easy to follow, and a great starting point to get into trading profitably.  This trading system combines two indicators; a 13-day exponential moving average and the MACD- Histogram. The trend of the price movement is identified by the 13-day exponential moving average while the momentum is measured by the MACD-Histogram. When these two indicators are used together a trader can easily identify tradable impulses (buy and sell entries). How to use this indicator in trading The ease of use in this trading system comes from the indicator using color-coded price bars, as shown in the chart above ( please study it as it’s pretty self-explanatory). A green price bar will be indicated wh

The Indicator Most Likely To Identify 10X Returns: The ADX

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Technical indicators have been used by analysts for many years. Technical analysts use historic data from analyzing the past movement of the price to make speculation on the price direction of the financial instrument in the future. These indicators are pattern-based and get their data from the price, volume, or open interest data.  It is important to note that using technical indicators is a reactive trading system and doesn’t predict the future but rather quantifies the risk and returns. This gives a trader an insight into the best price to enter or exit a trade.  In this article, we will delve into a rarely used technical indicator, the ADX indicator. ADX connotes for Average Directional Movement Index. What is amazing about this indicator is its ability to identify stocks that are about to start a new uptrend that ends up with the stock returning 5 to 10 times its initial price. This is perfect in the current market conditions, where we have seen countless stocks like Pinterest, Sn

TikTok's Downfall Will Be Snapchat's Gain

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Check out my latest article on Seeking Alpha, where I talk about why Snapchat is a great buy , I delve into the issues of TikTok and explain when it gets banned it will greatly benefit Snapchat. I also discuss Meta as well. I also talk about the technicals and so forth, check out the article right here ! Keep in mind, that my previous article on FuboTV was written at $2.50 since then the cost has gone up tremendously 100-200% since then!

fuboTV: A Great Bet At This Price

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Check out my latest article for Seeking Alpha, where I do a deep dive analysis into fuboTV ($FUBO) explaining why it's worth playing it for a bounce if you have good risk tolerance. Check out my article fuboTV: A Great Bet At This Price . It just got selected as an Editor's Pick, so make sure to check it out. Thanks for supporting my content! Also, make sure to check out the rest of my Seeking Alpha articles right here .

How To Master Meme Stock Trading

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Trading is a hard career, that almost everyone will fail at. Over the years, from experience, I learned a lot of tips and tricks to help me become a winning trader with over 1100 traders under my belt. This experience has led me to Master Meme Trading, like a Jedi. My success can be described very simply as it boils down to how many monitors you trade with. Ideally, the goal is a minimum matrix of at least 10 by 10 monitors. My personal setup is shown below. Unfortunately, many cannot afford such a setup, so I will provide an alternative; priceless trading tips that have helped me make money over the years. Make sure to write them down, tattoo them and pass them on to your children. Your way to becoming a master meme trader is only 7 tips away! Within no time absorbing these tips, day in and day out training in a condensed 10-minute movie-like montage you will be master meme trading stocks such as $AMC $WISH $CLOV $GME $TSLA making your portfolio head faster to 0 than it ever has befor