Renko Bars can be viewed as merely a different way to reflect price on a
chart; in my opinion, I feel they paint the clearest picture of price
Here are my top 6 reasons of why I choose Renko Bars and charts:
Forum on trading, automated trading systems and testing trading strategies
Something Interesting in Financial Video January 2014
Sergey Golubev, 2014.01.08 15:48
Renko Bar |Day Trading | What are Renko Bars | How do Renko Bars Work | Part 1
Something Interesting in Financial Video July 2013
Sergey Golubev, 2013.07.13 19:50
Trading the Gold Silver Ratio :
For the hard-asset enthusiast, the gold-silver ratio is part of common parlance, but for the average investor, this arcane metric
is anything but well-known. This is unfortunate because there's great
profit potential using a number of well-established strategies that rely
on this ratio.
In a nutshell, the gold-silver
ratio represents the number of silver ounces it takes to buy a single
ounce of gold. It sounds simple, but this ratio is more useful than you
might think. Read on to find out how you can benefit from this ratio.
How the Ratio Works
When gold trades at $500 per ounce and silver at $5, traders refer
to a gold-silver ratio of 100. Today the ratio floats, as gold and
silver are valued daily by market forces, but this wasn't always the
case. The ratio has been permanently set at different times in history -
and in different places - by governments seeking monetary stability.
Here's a thumbnail overview of that history:
How to Trade the Gold-Silver Ratio
First off, trading the gold-silver ratio is an activity primarily undertaken by hard-asset enthusiasts like "gold bugs". Why? Because the trade is predicated on accumulating greater quantities of the metal and not on increasing dollar-value profits. Sound confusing? Let's look at an example.The
essence of trading the gold-silver ratio is to switch holdings when the
ratio swings to historically determined "extremes." So, as an example:
For those worried about devaluation, deflation,
currency replacement - and even war - the strategy makes sense.
Precious metals have a proven record of maintaining their value in the
face of any contingency that might threaten the worth of a nation's fiat currency.
Drawbacks of the Trade
The obvious difficulty with the trade is correctly identifying
those "extreme" relative valuations between the metals. If the ratio
hits 100 and you sell your gold for silver, then the ratio continues to
expand, hovering for the next five years between 120 and 150, you're
stuck. A new trading precedent has apparently been set, and to trade
back into gold during that period would mean a contraction in your metal holdings.
What is there to do in that case? One could always continue to add
to one's silver holdings and wait for a contraction in the ratio, but
nothing is certain. This is the essential risk to those trading the
ratio. It also points out the need to successfully monitor ratio changes
over the short and medium term in order to catch the more likely
"extremes" as they emerge.
There's an entire world of investing permutations available to the
gold-silver ratio trader. What's most important is to know one's own
trading personality and risk profile. For the hard-asset investor
concerned with the ongoing value of his or her nation's fiat currency,
the gold-silver ratio trade offers the security of knowing, at the very
least, that he or she always possesses the metal.
Something Interesting in Financial Video December 2013
Sergey Golubev, 2013.12.20 16:07
28. How to trade Head and Shoulders in Forex
Trading head and shoulders is possibly one of the easiest Forex trading
strategies available. In this video we discuss the structure of head and
shoulders while also providing in-depth instructions on how to set your
profit target and where to insert your stop loss. We also look at its
counterpart - the inverse head and shoulders.
Something Interesting in Financial Video February 2014
Sergey Golubev, 2014.02.26 06:25
Head And Shoulders Chart Pattern
More video :
The Webinar: The Context In Which Markets Move Trading The News