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thesignalyst Β· 2 years
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Hello Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my last idea, you know that I am keeping an eye on tokens that might get more exposure during the World Cup 2022. Here is a quick reminder: FIFA has teamed up with blockchain technology company Algorand to agree a sponsorship and technical partnership deal. The agreement means Algorand will become the official blockchain platform of FIFA and provide the official blockchain-supported wallet solution. As per the sponsorship agreement, Algorand will be a FIFA World Cup Qatar 2022β„’ Regional Supporter in North America and Europe, and a FIFA Women’s World Cup Australia and New Zealand 2023β„’ Official Sponsor. Source: Tweet attached on the chart πŸ“‰Technical Analysis: ALGO lately rejected a weekly support zone 0.20 - 0.30 and since then it has been stuck inside a big range. For the bulls to take over from a long-term perspective, we need a momentum daily candle close above the upper bound of the range (gray zone) around 0.440 Meanwhile, if ALGO rejected the upper gray zone and trades lower, we will be looking for short-term buy setups as it approaches the lower gray zone again. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich #algo #algorand #coin #blockchain #worldcup #fifa #qatar #crypto https://www.instagram.com/p/CkoYE2HMNin/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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The bad news for many newbie traders is that just because they can, doesn't mean they should trade. Unfortunately many find that out the hard way. They start trading with no education or experience and lose their money very fast. These failed traders spread the word that all traders lose money and that trading doesn't work. Just because it didn't work for them obviously it doesn't work for anyone else in their minds . . . . . . #richardnasr #thesignalyst #richtl #tips #trading #crypto #forex https://www.instagram.com/p/CidW3DCskUy/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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Today I am going to answer a question that I get asked a lot. Question: How Much Should I Deposit / Invest? The answer to that question is very subjective. Some say that "a minimum balance of 10 000$ is required", some others say "start small and then deposit more on the go". In my opinion, to know how much to invest, you have to start the other way around. How much risk per trade do you feel most comfortable with? Is it 20$? 50$ or 100$... Those who know me, know that I enter with a fixed risk per trade and always target at least double the risk. For some of you, 20$ is nothing, and the 40$ reward isn’t worth it. While for others 20$ may be too much, and thus can’t handle the loss. Find that 1% risk per trade that suits you best. Your 1% risk should not be too much for you, so you won’t get emotional. In parallel, it shouldn't be too small, as then you won't take your trading seriously. Find that 1%, then make it x100, that’s how much should deposit. All Strategies Are Good; If Managed Properly! ~Rich . . . . . . . . #thesignalyst #forex #trading #bootcamp #world #learn #self #development #thesignalyst #learning #forexmarket #trading #blockchain #investing #passiveincome #crypto #bitcoin #wallstreet #cryptocurrencies #forextrader #cryptocurrency #pips #stocks https://www.instagram.com/p/Chzfl5UsBDq/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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Creating a trading plan is a critical component of successful trading. It should include your profit goals, risk tolerance level, methodology and evaluation criteria. Once you have a plan in place, make sure each trade you consider falls within your plan’s parameters. Remember: you’re likely most rational before you place a trade and most irrational after your trade is placed. . . . . . . . #thesignalyst #learning #forexmarket #trading #blockchain #investing #passiveincome #crypto #bitcoin #forexlifestyle #wallstreet #cryptocurrencies #forexsignal #forexlife #forextrader #cryptocurrency #pips #stocks #btc https://www.instagram.com/p/Cf4O6FQMJBN/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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BTC - History Repeats Itself! β€”β€”β€”β€”β€”β€”β€” Disclaimer: This analysis is my personal opinion and for educational purposes only and should not be considered as financial advice. β€”β€”β€”β€”β€”β€”β€” Hello Fellow Traders. This is Richard, also known as theSignalyst. The picture is self-explanatory. We are overall bearish from a long-term perspective trading inside the big dashed channel in black. Inside the black channel, we had the first impulse in red, then a correction in blue, and we are currently inside the second impulse movement (red channel). Inside the impulse movement in red, we can see three phases, which we can compare to the first red channel. We had our two impulse movements downward and two consolidations in gray. we are currently in the third gray consolidation. If History Repeats Itself, we still need a break below the third gray consolidation downward, to find support around the 10k-12k weekly demand for the next blue correction to start. The bulls would invalidate this scenario if we break above the upper red trendline, in this case we would have a premature / early correction. Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich . . . . #forex #trading #crypto #ada #altcoin #bitcoin #thesignalyst #reversal #resistance #analysis #kcs #cardano #nft #eth #btc https://www.instagram.com/p/CfW7fjrM2UY/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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I would say β€œbacktest” When you grasp the basics, this is where the fun begins. you know what to look for, you know how to read price action… now it is time to make good use of it by monitoring previous data and try to come up with a pattern that repeats itself. I personally came up with 4 patterns and have been using them for a couple of months now. You can start by choosing a specific pair and timeframe, scroll back as much as you can, and start monitoring, candle by candle, pattern by pattern, and ask yourself questions like: β€œhow can I modify this classical pattern in a way to generate better results, better RRR” β€œIs there a pattern that repeats itself, that is not included in the textbook” HINT: there are plenty if you backtest enough you will find them. Trust me, trading is supposed to be simple (not easy) but we, humans, like to complicate things; especially when it comes to money. Develop your own trading style, backtest it, practice it, be confident with it, then repeat and repeat… When trading becomes boring, then you know that you are doing it right. Last but not least, make sure that your rules are detailed, objective and written on a piece of paper… . . . . . . . #thesignalyst #technicalanalysis #crypto #trading #learn #education #bitcoin #forex #stocks #backtest https://www.instagram.com/p/Ce88OnksZf8/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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Together, nothing is impossible! . . . . . #thesignalyst #life #partner https://www.instagram.com/p/CeyniEUMaXH/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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ETH - OverSold Zone! β€”β€”β€”β€”β€”β€”β€” Disclaimer: This analysis is my personal opinion and for educational purposes only and should not be considered as financial advice. β€”β€”β€”β€”β€”β€”β€” ETH is overall bearish trading inside the brown channel and now approaching the lower trendline acting as non-horizontal support. Moreover, the green area is a demand zone and round number 1000.0 So the highlighted purple circle is a very strong area to look for buy setups as it is the intersection of demand in green and the lower brown trendline, which I also consider an oversold area. As per my trading style: I will be waiting for it to approach the highlighted purple circle (area) to look for possible buy setups (like a double bottom , trendline break , and so on...) If you like the idea, do not forget to support with a like and follow. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich . . . . #forex #trading #crypto #ada #altcoin #bitcoin #thesignalyst #reversal #resistance #analysis #kcs #cardano #nft #eth #btc https://www.instagram.com/p/CevwOtNM446/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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My Regina πŸ‘‘ . . . . . #partner #lifestyle #her #majesty https://www.instagram.com/p/CeecPSMsDD2/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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ADA - Top-Down Analysis! β€”β€”β€”β€”β€”β€”β€” Disclaimer: This analysis is my personal opinion and for educational purposes only and should not be considered as financial advice. β€”β€”β€”β€”β€”β€”β€” ADA is sitting around a strong weekly demand zone 0.30 - 0.50 so we will be looking for buy setups. on DAILY: ADA is forming a channel but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Then and only then, the bulls will take over from a long-term perspective. Meanwhile, until we break above the 1.0 round number, ADA would be overall bearish can still trade lower and dive inside the blue demand zone. In this case, we will be looking for buy setups on lower timeframes. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich . . . . #forex #trading #crypto #ada #altcoin #bitcoin #thesignalyst #reversal #resistance #analysis #kcs #cardano #nft https://www.instagram.com/p/CeOdCfPMGkw/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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Thank you Mad Siri, Bruce, @kucoinexchange and everyone for the opportunity and trust πŸ™ It is truly an honor to be among an amazing communityπŸ‘‘ Let's keep pushing forward and make Kucoin S the best community πŸŽ‰ . . . . . #kucoin #kucoinexchange #first #creator #kucoins #crypto #kcs https://www.instagram.com/p/CeLM4kbMpHR/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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Know what you know and know what you don’t. And no matter how good you think you are, remember to stay humble, for if you don’t, the market will do it for you. . . . . . #thesignalyst #forex #crypto #indices #trading #technicalanalysis https://www.instagram.com/p/CeIyn6MMfw9/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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APES vs BEARS β€”β€”β€”β€”β€”β€”β€” Disclaimer: This analysis is my personal opinion and for educational purposes only and should not be considered as financial advice. β€”β€”β€”β€”β€”β€”β€” After the bears broke the last low in gray, APE has been overall bearish making lower lows and lower highs. Last week, APE rejected the 5.0 round number, however, we are not bullish yet. For the bulls / apes to take over, we need a break above the previous high AND above the 10.0 zone acting as a resistance. Once we have this break (projection in purple) then we will be looking for buy setups on the 10.0 zone retest. Meanwhile, the bears can still reject the 10.0 zone for another bearish impulse movement till around the 5.0 zone. In this case, we will be looking for buy setups on lower timeframes as price approaches the 5.0 Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich . . . . #forex #trading #crypto #ape #altcoin #bitcoin #thesignalyst #reversal #resistance #analysis #kcs #kucoin #nft https://www.instagram.com/p/Cds2ujvMr0b/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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Choosing the right broker is very important as you are trusting your money to that institution. There have been many people asking me about what broker to use and I noticed that many traders are still lost about choosing the right broker. Hence here is my advice for all of those who are interested in making a live account: The broker I recommend is TICKMILL. @tickmill_official @tickmill_arabic β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€” THIS IS MY PERSONAL OPINION, and NOT A PROMOTION! β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€” I have been using TICKMILL for almost 3 years and so far my students and I didn't experience any problems! β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€” TICKMILL Real and Demo Account Links in BIO β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€” The main advantages for me were: - Quick and Professional Support - Up to 1:500 leverage - Fast withdrawals - Competitive Spread! starting from 0 pips! - Access to Forex πŸ’± Indices πŸ“ŠMetals πŸ“ˆ Bonds & more! - More than 10 payment methods - 4+ Stars Reviews on TrustPilot! Feel free to ask your questions, we are always here to help. Best, Rich . . . . #thesignalyst #forex #broker #tickmill #best #award #trading #reliable #ecn #stp #ndd #cfd https://www.instagram.com/p/CddpZRGs7gy/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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LTC - Potential Bullish Reversal β€”β€”β€”β€”β€”β€”β€” Disclaimer: This analysis is my personal opinion and for educational purposes only and should not be considered as financial advice. β€”β€”β€”β€”β€”β€”β€” LTC is approaching a strong support and round number 100.0 so we will be looking for buy setups. on DAILY: LTC is forming a descending triangle in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, LTC would be overall bearish can still trade lower inside the green support zone or even break it downward. Good luck! All Strategies Are Good; If Managed Properly! ~Rich . . . . #forex #trading #crypto #richardnasr #thesignalyst #reversal #resistance #analysis #kcs #kucoin #altcoin #LTC #litecoin #bitcoin https://www.instagram.com/p/CdD-tPIslP-/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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Most beginners will increase the size of their positions as soon as they’re making profits, which is one of the best ways to get your account wiped out. Keep your risk consistent! Just because you’ve made a few winning trades doesn’t mean that the next one is going to be profitable. Do not become over-confident and less risk-averse, as that will lead to you changing your money and risk management rules without solid reasons. . . . . . . . . #thesignalyst #technicalanalysis #instaforex #instatrading #riskmanagement #consistency #trading https://www.instagram.com/p/Cc3BLoms3oE/?igshid=NGJjMDIxMWI=
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thesignalyst Β· 2 years
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Happy Together... . . . . #thesignalyst #richardnasr #partner #queen #motivation https://www.instagram.com/p/Ccsg7CFM88Z/?igshid=NGJjMDIxMWI=
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